F2Pool co-founder Wang Chun insists on bullish Bitcoin and names multiple quantum concept stocks as bearish.

BTC-1,16%

PANews February 17 News, F2Pool co-founder Wang Chun posted on X platform that quantum computing is more like a technological bubble compared to AI. The industry is currently filled with hype but has almost no actual deliverables. AI is continuously improving the real world, while quantum computing is unlikely to achieve practical applications by 2026, and is expected to remain difficult to generate substantial industry value for decades to come. His trading view is to short quantum computing but to remain long Bitcoin. He also specifically mentioned bearish views on several quantum computing concept stocks, including Rigetti Computing ($RGTI), D-Wave Quantum ($QBTS), Quantum Computing Inc. ($QUBT), and IonQ ($IONQ). Wang Chun added that the current products and commercialization capabilities of these companies are insufficient, and market valuation is more based on long-term technological expectations.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

The Bhutanese government transferred 319.7 BTC to two wallets, worth approximately $22.67 million

Gate News message, on April 9, according to Onchain Lens monitoring, the government of the Kingdom of Bhutan transferred 319.7 BTC (worth about $22.67 million) to two wallets. One is a newly created wallet, possibly a CEX wallet; the other is an old wallet that was previously used to transfer funds for sale via a certain CEX or Galaxy Digital.

GateNews1h ago

Arthur Hayes: You need to see on-chain transactions to believe that Iran accepts BTC as payment—otherwise it’s just messing with the West

Gate News message, April 9, Arthur Hayes posted a comment on reports that Iran is charging Bitcoin tolls. Hayes said he would only believe that Iran is truly collecting tolls in the form of BTC after seeing the related transactions on the real Bitcoin blockchain. He believes that before that, it is only the Islamic Revolutionary Guard Corps playing with the Western fiat currency and financial system.

GateNews1h ago

Morgan Stanley Bitcoin ETF Debuts with $34 Million in First-Day Inflows, 0.14% Fee

Morgan Stanley’s spot bitcoin exchange‑traded fund (ETF) began trading on April 8, 2026 under the ticker MSBT on NYSE Arca, recording more than 1.6 million shares traded and approximately $34 million in net inflows on its first day.

CryptopulseElite2h ago

Michael Saylor’s Strategy Buys 4,871 BTC Worth $330M, Holdings Hit 766,970 BTC

Strategy has resumed its Bitcoin accumulation, acquiring 4,871 BTC for $329.9M, raising total holdings to 766,970 BTC. Funding comes from preferred shares, minimizing reliance on common stock. Despite a $14.46B loss, it aims for 1M BTC.

CryptoFrontNews2h ago
Comment
0/400
No comments