Quote from: thermos on July 02, 2013, 05:33:34 PM

let us pray together to bring bitcoin back to life NYC;)

To late. ASIC manufacturers are a single monopoly.

And since mining bitcoins with standard equipment is useless, Bitcoin is now more like a specialized geek coin, not an Internet coin that everyone can generate or use.

All this articles that are gathered to newbies explaining how you can generate bitcoins with your computers, should start to rewrite themselves because its not true anymore.

And its quite ironic, because Bitcoin is supposed to be an Internet currency that works in computers, but does not need computers. Not at least the ones you use for the Internet.

This is the only reason why some people are going to LiteCoin, but Litecoin is weaker than Bitcoin and ASIC will come to them as well, because they are both based on the same principle which is completely flawed.

Organizations that where supposed to protect bitcoin from this, are actually behind mining themselves as fast and hard as they can.

On one part they promote the use of bitcoin for paying and selling, to increase online business with bitcoins, but behind doors, they hold as many as they can.