Quantum AI claims to use CFDs to wager on the volatility of Bitcoin. The bot trades up to 60 bitcoin pairs made up of fiat money and cryptocurrencies with high volatility. You can trade well-liked pairs like

BTC/USD

BTC/BCH

BTC/GBP

BTC/ETH

According to reports, Bitcoin traders using quantum AI have profited greatly from the current BTC/USD rally. As was already mentioned, this tool makes the claim to use sophisticated trading methods to extract insights from big data.

One of these is shorting securities to wager on falling prices. Performance of quantum AI is dependent on volatility rather than price growth. This implies that even when prices are falling, you can still turn a profit.

However, we were unable to personally verify that the technology operates exactly as the website claims.

Quick Payouts

Bitcoin payouts from Quantum AI are said to be instant and have no maximum withdrawal limit. However, test this out with a modest withdrawal after earnings.

Elon Musk and quantum AI

Musk is one of the most powerful people in the world as a well-known billionaire, entrepreneur, and founder of SpaceX. On a variety of subjects, many people are likely to act on his sentiment.

For instance, the news that Elon Musk's Tesla had purchased over $1.5 billion worth of Bitcoin and was accepting BTC payments in early February 2021 caused the price of Bitcoin to increase by over $1000 in a single day.The prices of Dogecoin (DOGE) and Shiba Inu (SHIB) have also been significantly impacted by Elon Musk's social media posts about them.

In the past, Elon Musk's Twitter account, @elonmusk, served as a significant contributor to volatility; for instance, in December 2021, he tweeted that Tesla would start accepting Dogecoin as payment for some goods. "Tesla will make some merch buyable with Doge & see how it goes," read his tweet.

The announcement caused a 20% increase in DOGE price.

Then, on January 20, 2022, he reiterated on Twitter that Tesla would accept DOGE for purchasing Tesla goods, which led to another increase in the price of DOGE.

Musk purchased Twitter in 2023 and then took control of it. The price of DOGE increased as a result once more.

How Elon Musk's Quantum AI Works

Elon Musk-related news and social media posts are allegedly detectable by Quantum AI algorithms, which can then forecast how volatility will change as a result.

The Quantum AI bot then places bets based on these predictions. Based on its ability to respond to these market fluctuations quicker than human traders, quantum AI asserts that it has a win rate of up to 90%.

We would need to examine the Quantum AI source code, which we were unable to do, to verify that everything stated here is accurate.

Elon Musk has he talked about Quantum AI?

Notably, there is no proof that Elon Musk has ever invested in or used the Quantum AI app. He has only mentioned Bitcoin and a few other altcoins on Twitter so far, including Dogecoin and Shiba Inu. Additionally, he hasn't brought up TeslaCoin, a piece of software with a similar name, or the crypto trading bots BitAlpha AI and Bitindex AI.

Elon Musk and Quantum AI are independent, unrelated entities.

Elon Musk, who is very interested in cutting-edge technologies, recently tweeted about web 3.0 and how early internet skeptics were wrong, as the internet went on to revolutionize both the world and the financial markets. Elon Musk might mention quantum artificial intelligence in the future.

Has Quantum AI made an appearance on Dragons' Den?

Several of our readers have asked us about the claims made by the Quantum AI Dragons Den. A popular social media post claims that the Quantum AI company made a pitch on the Dragons Den TV program.

The article continues by stating that Peter Jones put $1 million into this trading strategy.When we contacted Quantum AI, they made it clear that this was untrue information. Additional background checks reveal that most of these posts link to copied websites.

Any Quantum AI Reddit post making similar claims should be avoided. Reddit is where these claims have been made, so we'll say that. Fake news might also be disseminated on other social media sites.