ps: you can't search for it because those posts are gone.
WHat? that last and only time i got pissed on this forum was when bitcoinica stole my 12,000+ btc.
Maria.
Yep, we were discussing Bitcoinica. So you still Forex trading currency pairs?
GBP JPY normally, but right now im onfire with EUR USD. its loooow a
I wish the push for specialized mining chips never happened but you can't blame the devs for that. There's nothing they could do.
It will always happen that someone will develop the best possible tool to solve any problems. So, if the problem was hashes per second, people will always try to find the best way to hash using the best possible tool. However, say the best tool required diamond crystal to function, then only a certain few would have access to such specialized tool. Bitcoin allows such tools without a problem and should always be friendly to quantum hashing if it came across. But we cant forget the the coin distribution is almost like buying lottery tickets, where you can win with very little if you're lucky, and also lose a lot and never win anything at all. Thats how the coin distribution works, so we basically cut out the lotto tickets for those people that can only afford cpu hashes. And by doing that, yes we failed. But its a small error easily corrected but unfortunately much of the wealth has already been centrally distributed amongst the power miners. Thats the main reason why the alt economy is growing steadily.