Claims are being made that CFDs are used by Quantum AI to bet on Bitcoin’s volatility. Up to 60 bitcoin pairs (fiat currencies with highly volatile cryptocurrencies) can be traded by the bot. The most popular currency pairs to trade include
BTC/USD
BTC/BCH
BTC/GBP
BTC/ETH
The recent uptick in the BTC/USD has reportedly been very profitable for Bitcoin traders who employ quantum AI. As was mentioned, this app claims to utilise cutting-edge trading techniques to mine big data for useful information.
Betting on falling prices through the practise of “shorting” securities is one example. Performance of quantum AI is dependent on volatility rather than price growth. As a result, you can still make money even if prices are dropping.
Unfortunately, we weren’t able to test the technology ourselves to see if it really does work as advertised.
Short-Term Gains
Quantum AI claims to offer instantaneous, unlimited Bitcoin payouts. But first, see how it works out with a small withdrawal of your earnings.
Inventor Elon Musk and the Future of Artificial Intelligence
Billionaire, entrepreneur, and creator of SpaceX, Musk is widely regarded as one of the world’s most influential people. There are many who will follow his advice on various issues.
When it was announced in early February 2021 that Elon Musk’s Tesla had purchased over $1.5 billion worth of Bitcoin and was accepting BTC payments, the price of Bitcoin spiked by over $1000 in a single day.Elon Musk’s social media posts have had a significant effect on the value of Dogecoin (DOGE) and Shiba Inus (SHIB).
A major source of past fluctuations came from Elon Musk’s Twitter account (@elonmusk), where he made announcements like accepting Dogecoin as payment for some Tesla products in December 2021. He tweeted that Tesla would begin selling merchandise for Doge and evaluate its success.
Because of the news, the price of DOGE jumped by 20%.
Again, the price of DOGE increased after he tweeted on January 20, 2022, that it could be used to buy Tesla products.
Musk bought Twitter in 2023 and promptly assumed control of the company. Because of this, the cost of one DOGE rose once more.
Exactly How Elon Musk’s Quantum AI Functions
It has been claimed that Quantum AI algorithms can identify when the news or social media mention Elon Musk, and can predict the subsequent effect on market volatility.
Once the Quantum AI bot has made its predictions, it will place bets accordingly. Quantum AI claims a win rate of up to 90% because it can react to these market fluctuations faster than human traders.
Since we lacked access to the source code for Quantum AI, we were unable to independently verify the claims made here.
What about Quantum AI, has Elon Musk addressed it?
No evidence suggests Elon Musk has ever used or invested in the Quantum AI app. Only Bitcoin and a few altcoins (like Dogecoin and Shiba Inu) have come up in his tweets so far. Neither has he mentioned the similar-sounding TeslaCoin software, nor have the cryptocurrency trading bots BitAlpha AI or Bitindex AI been mentioned.
There is no connection between Elon Musk and Quantum AI.
Inventor and tech enthusiast Elon Musk recently tweeted about web 3.0 and how early internet sceptics were proven wrong as the internet went on to revolutionise not only the world but also the financial markets. Future Elon Musk speeches may include discussion of quantum AI.
What about Quantum AI, has it been featured on Dragons’ Den yet?
Several of you have written in to inquire about the claims made by the Quantum AI Dragons’ Den. It has been widely reported that the Quantum AI company appeared on the TV show Dragons’ Den to make a pitch to the investors there.
The article goes on to say that Peter Jones risked $1 million on this method of trading.In our communication with Quantum AI, they explicitly refuted this claim. The majority of the posts link to copied websites, according to additional research.
Do not engage with any Quantum AI Reddit thread that makes similar claims. We will state that these assertions were originally made on Reddit. Additional social media platforms may also facilitate the dissemination of fake news.