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Bitcoin's quantum threat fears are overblown, seen as a rare buying chance by analyst Willy Woo.

Market News
28 Oct 2026, 00:52 WIB
Zycrypto
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Neutral
Bitcoin's quantum threat fears are overblown, seen as a rare buying chance by analyst Willy Woo.

Bitcoin analyst Willy Woo says fears about the quantum computing threat to Bitcoin are exaggerated and could create a unique buying opportunity. Quantum computers might one day break Bitcoin's cryptography, especially older addresses, but most Bitcoin wallets and other cryptocurrencies have moved to quantum-resistant systems. The threat, known as Q-Day, is still years away and legal protections could limit damage if hackers exploit vulnerable wallets. This keeps Bitcoin's long-term value intact despite the theoretical risks.

Regarding Bitcoin and the quantum computing threat, here is Pluang's market snapshot as of Oct 28, 2026 05:03 WIB: Among 50 major cryptocurrencies priced on Pluang, 34 rose and 14 fell today. Notable movers include BAL (Balancer) at Rp16.297 with an 11.14% increase, EOS (EOS.IO) at Rp12.649 up 8.13%, and BCH (Bitcoin Cash) at Rp5.272.631 with a 4.80% rise, although BCH had 97% sell activity. The most notable figure is BAL's 11.14% gain.

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