We just lost the speed advantage in computer computing to China recently. They won with the astounding number crunching capability of 2.5 times 10 to the 15th power per second. In other words:
2,500,000,000,000,000 calculations per second.
Talk about a twinkling of an eye. So once again in yet another venue we have ceded first place to the Chinese.
Here is what this could mean. Let's take the stock market for example. High-speed computers can now sample the fluctuations in stock prices in almost real time. They can tell, within microseconds, trends in an individual stock price based on two simple factors; one, the most recent price and two, the volume of shares traded. Pretty simple algorithm really. As share volume and prices in a stock fluctuate the computer calculates to a certainty of 99% the next trade share price and then executes a buy or sell transaction. If you're trading millions of shares, by trading in the right direction 99% of the time you will, without a doubt, make millions of dollars. Do this millions of times a day and, well, you do the math.
High-speed computing gives the user untold advantages in every endeavor man attempts.
Fortunately, access to equipment of this kind is not available to currency traders, commodity brokers, stockbrokers, bond traders, or money manipulators of any kind.
HA!
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Happy Halloween
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