Bitcoin Forum

Once upon a time, there were about 1000 QUARK holders and miners who made a plan together to mine a new and unknown coin as fast as possible before others could realize what happened. That coin brought nothing new to the table compared to StableCoin, NovaCoin, WorldCoin, ... After 6 months, 250 mil coins have been mined, faster than any coin that appears on the Earth. That's the plan.

After that they worked together to assign a value to those coins. The value of a coin is mostly evaluated by the market: supply and demand and it would be a very long process. However, QUARK team did not like that way. They were a small group. They made plan together: everyone in that group agreed to not sell that coin for less than 1 USD. As a result, martket capitalization of QUARK is evaluated at 250 mil USD.

In economics, researchers called it a name: group monopoly.

Great work, great team. An evil era begins

 ;D

PS: 250 mil coins are too big for a new coin especially when huge amount of coins are hold by small group of people. If some one wants to cash out, it would be a big loss for anyone who holds Quark coins :(

group monopoly！ wow

If true what does it matter?

Fact -- Quark is on its way to Litecoin's price.


QRK has more media attention than any other coin except btc.


Get in and make some money. Sit on the sidelines and become a regretter!


Simple choice!

QRK will never be Litecoins price. I've seen zero media attention aside from the Max bit. Just STOP.

Quark is just a hyped up pos

http://i1364.photobucket.com/albums/r726/digitalindustryNVC/transfer_zps64901ffc.png

i see a bunch of poor burnt guys that sold inside group A

ha ha ha : D

QUARK is mentioned by Max on Twitter only. It has no media converage as in other altcoins except Litecoin.

There are too many Quark coin in the market now. It is not scare enough. I believe that it is huge risk to hold that coin because if some one wants to cash out, there will a huge amount of coins that are sold on exchanges. It would make Quark price being dropped like a bomb. Huge loss for anyone.

I really enjoy these Topics guys - really  : D

yes - there is always a fool

- if you are looking at Crypto in short term then that means you have ultimate faith in Fiat -

- And then i categorize anyone like that at just,  a little bit above a functioning retard.

No I mean never as in never because this coin is a giant scam being run by some pretty clever peeps.

i saw people trying to dump millions at a time - it bounced right back ha ha - our long term investors just said "thank you "

in fact I've been asked to come here and say


"THANK YOU" .

It seems that there is a small group of people liking this coin.  ;D It needs more marketing power. High price may kill it soon

Hot and Expensive reminds me of Fermi... The Way It's Meant to be Quarked. Hmm...

Change name to greedcoin?

DOGE will surpass the QRK.  Many 4x (4 TIMES) the DISTRIBUTION of QRK... and its all about the distribution right?  I mean that's what you guys said.  If its that good for QRK, that means its gonna be 4 times more awesomer for the shibe doges!

The great Shibe doge has 4x the DISTRIBUTION and will pick up way more media coverage (Leno so wow, Keiser not A-list)

big market cap        many coin       so better

I'm guessing this group monopoly is gonna be happening a lot now, just follow the wave and sell at the crest

Can you ever compare this quak coin to bitcoin?
Bitcoin is getting accepted by hundreds of vendors each day , quak has plans to get listed on some shady chinese trader in 3 months.
Talking about potential?
What does quak bring to the scene?

qrk = new paradigme

doge => insenely much more than qrk

If this is the case then Quark is extremely similar to Ripple in terms of scam method.

Group A goes too far to the right, that's including some of the .00005 range, which is a lot more than .00000050 or w/e the hell it was at.

aww you poor guys : (

ha ha !

ahh i won't bash Bitcoin not for a bunch of left out kids like you ha ha

Hope the next group brings out some additional tech with their coin, and maybe a legit marketplace where a person can use it.

I'm not going to jump into the arguments here but...

Group monopoly? Wouldn't the correct term be oligopoly in this case?

I do not think so, cause everyone is kind of intertwined

Don't get me wrong I'm enjoying all the free BTC retards are giving me by piling into QRK, but the coin doesn't deserve to be even in the top half of the market cap.  I took a gamble and it paid off, but really QRK doesn't have anything going for it other than a 3D logo.

I sold out in Group A, but it was still around 10x gains..  so not really sure what's so bad about that (well 40, vs 2 maybe, more like 20x)

doge so wow                  doge eatz qrk
              nom nom nom!
                                                                            much coin
      such delicious                         vry scrypt

Yeah , we measure potential here. And price is driven by RL potential.
Bitcoin is gaining merchants one by one and hundred by hundred while quak is doing what?
Planning that they will be accepted on saome exchange god know when?
Other plans? Some projects? It got nothing!  Even LTC isn't gaining more on this field.
All those so called improvements ?@!?
What do they really do other that making some good advertisement.

just want to Quote you there chump, so i can come back an laugh ha ha - : D

Looking through your posts , almost all related to quak coin and without any real content , just promoting quak like an insane frog , never bringing any arguments into a discussion just laughing like some , let's say not normal person , I am sad to say that you will need to come back from a special place .
Your way to a let's call it mental improvement facility is already paved with quaks.

What quack coin has the most of is sock puppets. Digtalindustry is really starting to show his true colors. Not the best PR when you start becoming an arrogant scammer. You are really starting to believe you own sock puppet post that QRK is better then bitcoin LOL.

Good logic. But I don't think so they will cash out so soon if they want the coin to get bigger. They will wait for long time atleast 1 year or so. So that the coin is costly enough and is popular.

Why not , if you can do it once more with oink coin?
The problem with quak coin is that the reward will go down to minimum very early with almost no transaction fees to cover the deficit..
Who will mine the coin? Who will protect the network when mining is not worth anymore?

At 30 000usd/day and that is a problem with the bitcoin network , and it is still vulnerable to a big spender.
But the quak chain? How costly is a botnet? 0 electricity fees.

People that believe QRK will have a price higher than bitcoin ever are simply wrong.
I do however think that 5 or 10% of BTC's price is definitely a possibility, its just a matter of media attention.

Yeah, we're in the range of "this price is fair considering what can be achieved with it".
The litecoin supporters have that nonsense quote about silver and the scrypt miners.
All debunked myths already but nobody wants to listen.

The problem how i see it is that merchants won't go chasing two or three cryptos.
It will be troublesome for them and they already have a pain in the ass to train staff. I hope I can find the thread in my history.

And if those coins fail to gain the traction , fail to match to their possibilities or their enhanced god know what those are , what will the price do?
It's still a hype , everybody thinks that any coin will get him a Ferrari next week , that's why the prices are all up.
What will happen when people notice that the picture is not quite true?

Think of all the chinchilla farms , growing your own mushrooms , get rich by raising ostriches , the same madness is happening now with alt coins.
There is an upper deck to how much the crypto market can go. Not every coin will be worth 10k , never.

How is mining BTC worth it unless you own an ASIC farm

Another cry baby fool who passed up buying qrks when they were being fairly distributed on the market for months.

THE ONLY PEOPLE CRYING ABOUT QRK ARE THOSE THAT HAVE NONE. They did not buy when it was cheap for months on end, now they complain about the free market forces that determine the price.

LOL a guy with doge coin in his avatar, what a noob troll. Who has neither btc nor QRK. Get back to doggie coin little grasshopper.  DTC and doggie...lol. DATA could be a useful addition, but doge? ffs if you are so new to have to scrape around with that crap don't even think about voicing a comment on recognised coins that have a market value.

You are so transparent, wtf would anyone but a noob who missed out on the last crop of copy and paste shit clones even think of mining this new wave of junk that will never reach an exchange.

You don't have any QRK nor have you ever dreamed of possessing a fraction of a BTC. Yet you think to call people retards that are selling their BTC for QRK and making much returns wow LOL

i really don't feel the need to say anymore except just laugh at you -and you guys  ?? : D you probably won't come back form any place - , you will go there ,  get lost wander around like the likely tard you are -   ?

I won't ever attack Bitcoin it will implode in on itself all by itself - .

It is a fantastic design but .

what are the chances that QRK will cripple itself when the reward plummets? i find it hard to believe the reward will be worth the mining incentive, i see a mass exodus from the coin after new years.

You can always go for a group buy and you don't need a farm , you need one.
And because only a few afford an asic , and thousands a quak miner ...
Is a bicycle better than a Ferrari?
Give coins to the poor? Is that the new quak slogans?  Red brothers of the poorest nations , united under the URSSQuak flag?

Secondary , if somebody controlling a few thousands computers starts mining your quak coin , how profitable would it be?

The problems is that mining bitcoins will still be profitable for x amount even with the block rewards gone , but it will take years to the next block reward halving while in the case of quak coin... how profitable would it be to mine in 6 months?
Common , show me an example on how much quaks you'll be able to mine in 6 months from now.
Any difficulty calculators?
Let's talk facts!

Who the heck new about QRK 6 months ago? The crypto-market is still pretty new, and to release 98% of a currency in 6 months when this market is still in infancy (most people don't know anything beyond BitCoin), and only start hyping it up during some astronomical rise of some of the more established currencies is too obvious.

As a miner, I have ZERO interest in this coin now thanks to how this was executed.

101%.
But if you end up asking digitalnonesense above , that is not something the mighty quak can't overcome.
No idea how , but it is quak , we don't talk facts here cause we haven't got any.
Just go by the quak is awesome idea and hope to never stop dreaming.

and i don't specifically  - there will be more than enough protection for the network i don't doubt there will be attacks - they will gain nothing and hurt no one and every-time "you" attack we will focus our attention on the Communistic style in which Bitcoins are produced and now... how someone is attacking the "free" currency of the people -

in other words  the attacker will look like the Fiat banks - attacking crypto , and that's how many in our massive community will view it -

of course i can say that openly because its all the truth , we are the free currency of the people = Bitocin will only be produced with super massive ASICs

the only way Bitcoin can survive is to reach out to the corporations is supposedly hates -


and every time an attack comes on Quark - which will at most delay our network (and possibly cause it to just be 3x faster than BTC instead of say 10 x )

the massive community will rally as the "communists" and "corporations" attack the people.

I'm quite looking forward to it .

. MINING MEANS NOTHING , MINING MEANS NOTHING - when you learn this fact come back to crypto.

Try and mine some BTC for less that your electricity and the cost of asics. Don't you get it yet. The market is important not the mining.

IF I WAS TO INSTAMINE 100% OF A COIN AND GIVE IT OUT FOR NEARLY FREE FOR MONTHS. LESS THAN YOUR ELECTRICITY COST TO MINE IT WOULD YOU STILL MOAN IF YOU NEGLECTED TO BUY IT.???  this is what you are crying about now.

Why are all the noob trolls so stuck on QRK?  were you there to mine BTC on 0.00000000000000000001 diff?? or LTC?  no you were not.  It is cheaper to buy BTC and hold it for the last few months, the same will be true for nearly all coins very soon.

Forget about the mining unless you are there on the first few days and wait until the coins are dumped for nothing and buy them.  OH wait though the new wave of clones will probably never make it to the exchanges so i would just mine coins that have value now and buy some too.

Don't worry you were not there for the start of crypto , you are still in at 1min past the start.  It's like apple shares, you were not there when they were released don't go crying calling them a scam now, you need to look out for the next thing instead of crying about things you have missed. QRK is like apple shares at $50 sure you didnt get them for 1 dollar but will you sit there crying scam until they go to 500 dollars and beyond?

so ah jonesy - do your worst .

: D

can i keep laughing at you now ?

ever play chess chump ?

You have no clue what an attack is right?
You have no clue how this protection will work , right?
You actually have no clue about anything else other than trying to get quak hype running.

"Why are all the noob trolls so stuck on QRK?  where you there to mine BTC on 0.00000000000000000001 diff?? or LTC?  no you were not.  It is cheaper to buy BTC and hold it for the last few months, the same will be true for nearly all coins very soon."

because they are not noob trolls they are burnt little girls , that stood out in the Quark sun too long ha ha !

some of them brought QRK off exchange at cost ha ha ha !

and dumped it on mass to try to kill the price - go look at the Cryptsy chart - it will be forever known as the


Chump Dump !

there are two chump dump go have a look at them ha ha

im sure you will be able to pull it off attack master !  - i mean when you want to attack peoples freedom there are all sorts of ways right ?

people of course are use to having freedom attacked - but just be careful they tend to get angry -  

I mean after all , it would be better for you and your crew to attack peoples hard earned investment  - i mean they should have stayed in Debt right? to the banks?  right ?

i mean what were they, ha ha, the people,  thinking , when they thought they could actually have freedom ? ?

Jones will put that right !

i'm sure after you explain it like that  - everyone will be fine .  just make sure you use Tor ! ffs.

So any real arguments besides your quaking?

So , this is a fact!
Quak supporters don't have a clue how cryptos work!

Are you going to trust a shill who only avoids FACTS , shouts non sense all the times and has absolutely no clue about what he is talking.

We will talk in 6 months , but make sure you go to a hospital were they let you receive letters.

http://i1364.photobucket.com/albums/r726/digitalindustryNVC/chumpdump_zps4abddcee.jpg

^^ this is my official response .

to your _ "we will attack your peoples investment -"

thank you for the heads up chump master . 

NOOBS who know everything now. Let's get these new pack of troll put back in the newbie section, they have been released far too early.

Cry in silent i tire of your blathering here. It's simple ask your mom for another $50 loan and load up on QRK.

There are other coins you know?  hold a vast amount of as many as you can, and sit back and watch your wealth increase instead of crying over what you have missed.

Stablecoin just went up about 600X in the last month, buy 1 BTC worth and you would have been rich now. Can it raise another 600x?  perhaps it can so don't cry you missed that also.

can quarkcoins be mined using a GPU ? Or is it only CPU mining?

Another post and another quak fanatic with absolutely no FACTS:
-on mining rewards in less than a few months
-incentive to mine in a fee months
-protection of the chain with the lack of miners in the above situation.

Nice dodging the questions.
But I already know that you won't hold your quak till that point if you still have a brain cell and you will dump right before that.

Also , noticing how quak fanatics always turn to personal insults instead of arguments.

This proves that this quak hype is run by children in their basement.

COULDN'T HAVE SAID IT BETTER.These damn butthurt trolls are so annoying. They see Quark as a threat and their own investment is in danger because Quark is rising in popularity so fast. So they trying hard to change peoples mind. You all are only making it harder for yourself with these worthless hating. The more hate the more success. LTC is the best example.

I have to agree with Qrk haters about Qrk people. Even if your coin is doing well you guys act like some douchebags who will fart all day and inhale with a sense of self acomplishment (by you guys i mean those so vehemently agressive responses)

Reminds me of cultists like WBC

translated - cry cry cry , blah blah blah. If you are genuinely interested in knowing the answer to your questions ask them in the QRK thread. You may have not heard of POS? thisi option is opne, have you not noticed other coins that had rapidly decreasing rewards are still going strong and having no issues.  You have already made your position know by  1 - being a noob and missed out on the mining stage, 2 - being a noob and missing on the cheap market price for months. You are not interested in the facts you are only interested in stating your position which is ...i have no qrk and want to cry i missed out on a once is a lifetime opportunity.

I hold some QRK, but i hold a lot more of other currencies. QRK is not inflated it is at it's fair price around here it was massively undervalued that is all. Why should their entire minting be worth less than it is now.

THE ONLY PEOPLE CRYING ABOUT QRK - DON'T HAVE QRK OR CAN NOT AFFORD AS MUCH AS THEY WANT OF IT AT THE MARKET PRICE. END OF STORY. ELSE WHY FOCUS ON IT WHEN YOU HAVE NONE?

Move on and accumulate the coins  you can afford, they will all increase again sharply in the coming months.

Possibly because we are tired of addressing the same stupid NOOB accusations every 2 mins. I am hoping the newbie section will keep the next wave in there for a month or two so you can learn some facts about the coins you are all to ready to shout about here.

I will state the facts about any coin. Same for the MEC haters and the WDC haters....all crying because you don't want to pay the market rate for it now.  Same for BTC haters, you don't have any, you don't want to pay for it, move on and find the next coin that will inflate .....they willl all inflate so get in there.

So the people that believe that Quark is overvalued are the trolls in this thread?

Let's get real guys. The people in this thread that are the most obnoxious are the Quark supporters. Calling anyone who disagrees with them butthurt, coinless, noobs, while not providing any real supporting evidence to back up their positions.

Many of us think that Quark is way overvalued, not that it has no value.

Distribution of the coin is a concern.

How the network will function efficiently in a few months with no incentive to mine is a concern.

Right now the only unique thing Quark brings to the table is additional encryption. Which is a solution to a problem that hasn't happened yet.

Other then that the value of Quark is just hype.

guys. you are currency of choice representatives. your posts are being used to judge the community you are being part of. by being agressive, insulting and provocative you are not doing any good to your investment - no matter whether its a scam or not. afterall many think bitcoin is a scam/pyramid/ponzi even now. opinions are like arseholes - everybody got one. just think what you write and how you write it, it matters.

Why do you believe QRK is overvalued? Based upon what? Why does QRK need to justify it's price more than any other coin?

Is WDC overvalued?  how about BTC? is that overvalued?  ask sensible questions compared to other coins.

CGB, ADT, TIX IFC, these coins are in the same position as QRK why not ask about how they will cope? SOme of these coins are running almost pos only now. Qrk can introduce this at any point. However if the price rises then there will always be interest in mining it anyway.

At least QRK brings something new right? it's distribution is actually better than most coins due to the low price for months on the market. So again it has no more to answer for its distribution that any other coin and is far more fairly spread than say BTC.  Why all the qrk questions that are not directed at other coins is the real reason we know it is not genuine interest but jealousy for missing out.

People are getting annoyed answering the same stupid questions over and over and over. Noobs need to be taught to use the search function instead of spamming the same mad questions and shouting scam at everything they don't understand or missed out on for arriving late.

guys. you are currency of choice representatives. your posts are being used to judge the community you are being part of. by being agressive, insulting and provocative you are not doing any good to your investment - no matter whether its a scam or not. afterall many think bitcoin is a scam/pyramid/ponzi even now. opinions are like arseholes - everybody got one. just think what you write and how you write it, it matters.

Are you refering to me ? (About needing to learn some facts)

Anyway, my point is that the way Qrk supporters that are so vocal like yourself are expressing in a level of maturity or intelectual capacity (whichever applies) that leaves alot to be dessired.

Be less aggressive, be nicer.

This.

There are at least 3-4 new threads a day that try to show Quark in bad light without any real or reasonable arguments nor facts. It is getting old :)

All the questions about distribution and mining of the Quark have been answered thousands of times. Besides, when you have to read next "Quark is a devil" thread that raises questions that were answered in previous threads with the same name, it takes away the willpower to be courteous.

Just some facts again:

* It was mined in 6 months
* It is well distributed (go check blockchain audit thread in Quark forum)
* It has better speed and security that most other coins
* It has support of Bill and Kreiser
* It goes to China's market 13th

Just read about Quark before you make these silly threads. Please!

Edit side-note: Average Quark defender is actually quite polite compared to acusators.

I am refering to anyone that shouts the same misinformation over and over again. First find out the facts about QRK compared to other coins. Next learn fair distribution is probably nothing to do with mining and much more to do with the free market.

The board is getting riddled with the same junk spurted out over and over again.

Use logic, anyone taking time to talk down a coin has an agenda. If they are asking real questions fine, if they are shouting scam , premine, instamine etc be clear on what you mean and how relevant it actually is to your position. Use the search function, any question you could probably ever think of regarding QRK has been answered 10-50 times in the last few days.

I don't see many pump threads, it is all scam, instamine, poor distribution, i didn't get any qrk.  QRK is not over valued. If it is ,...then tell me why you think this. Compared to what other coin and why?

I am holding some QRK but like i said it is only a part of my holding, anyone smart will hold a big spread of coins right now, since there are many great coins with great communities. MEC is another labelled scam for the same reason....it has gone up past what people want to pay for it. Well too bad don't buy any, that is another coin going much higher. A few look undervalued, DGC and CGB right now, but all will rise as more investors poor in.

I like how you talk about facts:
Lets't talk about facts:
http://www.coindesk.com/zeroaccess-botnet-stopped-bitcoin-mining/

At one point the zeroacces bot was able to deliver around 2.85TH of hahsrate.
Due to gpu mining and asic coming to play it wasn't any real threat.

With declining incentive to mine for the average user how can the network protect himself from a 51% attack?

Lets assume a FUD scenario:
Somebody having bitcoins feels threaten by quaks , in order to safeguard his investment of 100milions he gives 10% to an underground groups who owns such a botnet.
Next step is quadrilions of quaks being minned every block , thus killing the value of the coin.

Some facts please?

Much more likely would by a 51% attack to cripple the network. There are no coins left to mine to profit from. With no mining power to salvage the network the coin dies.

I think that is a valid concern.

I made the mistake of saying "minned" , sorry i was only thinking of mining power and hashrates and got carried away mumbling those while I typed.
But there is not a term for coins created by double spending , I would assume , forged?

There's barely any real demand for this coin at the time. As OP said, only real reason price is rising is due to the Oligopoly not supplying any coins or the bare minimum. And the "media" attention they claim comes from them bribing Bill Still. Probably telling him, "Hey, we got a great plan, see how bitcoin took off, we can do the same, we'll send you X amount of QRKs, just make us look like the second coming of Christ".

Thanks for another noob critique that means nothing. Back to your doge coins.  

With regard the 51% attack. As with all coins.. Disruption only.

What happens the when same BTC guy gives a chunk to some scrypt asic development and 51% ltc? or any other of the older pow scrypt coins that could be 51% attacked  far easier. Why do i not see millions of threads asking this FUD scenario regarding their future and their current price.

There is whispering of pos in the works along with a lot more other features.

That is a valid question, but it will be addressed as it needs to be i'm sure. You can set up FUD for most coins really. Many coins gets attacked and broken for a time only to come back stronger. Even small coins with hardly any market interest. You can be sure QRK will come back should it need to do so.

I don't see BTC and QRK as opposition in the future. There is room for alts that differentiate themselves. Sure there are other multi algos but this has caught on and has been very fairly distributed over an extended period. It may not happen again.

I'm sure you mean the second thousand:
http://en.wikipedia.org/wiki/List_of_messiah_claimants

It is impossible to mine quadrillions of Quarks if it is capped to 1mil per year from January. Huge bot-net calculating transactions would actually benefit Quark and keep the network and transfers fast.

Also, I think they are adding proof-of-stake to Quark (like many other coins) after main junk is mined.

Should be worth much more soon.  :D

Based on fact again , there will be a minimum of 1 million quaks mined every year. Am I right?
Regarding bitcoin , there will be another million mined this year too.and in 2015

This makes the reward at least 4000 times smaller.
And the problem is that the cost for a botnet are (electricity 0 , hardware 0).

The mistake of cutting the reward so step after only a few months will come to haunt the quak devs, or copycats.

Quark was never meant as investment that people hold on to. Quark is meant to be used as real currency when it matures.

I have to agree, that there are some concerns about Quark, but they are with every coin.

In my mind, negative sides of Quark:

* Blockchain is growing very fast (problem with every fast transaction coin) - All coins are thinking of ways to fix it and it will be done before this becomes a problem (probably some kind of blockchain checkpoints)
* Period where Quark mining gets very difficult, but price is not very high to promote mining yet - time will tell what happens. This is main issue (but again, this will happen to all coins eventually. Quark just tries to get over this hump as early as possible).

Other than these 2, Quark is golden.

Nope , this is not a problem related to fast coins.
The blockchain grows if the blocks are full of transactions.
You can see that even at a rate of two per minute , the blockchain grows just by 10 kb/10 minutes opposed to bitcoin who is doing around 300kb in the same time.

It's the number of transactions that bloat the blockchain not the speed of the blocks so quak is at no disadvantage here.

Botnet botnet, let me know when you find someone that operates one of any size worth talking about. These earn millions of dollars per month, you think they will mess around trying to 51% QRK. The pos would solve this anyway.

Botnet is one of those words everyone says now but in reality nobody has one at their disposal.

The mistake actually will turn out not to be a mistake. You are hung up on mining because you don't get market distribution. It causes mass dumping on to the market so people could buy for less than electricity to mine it. It also offered it to people who did not know how to mine or did not want to mine and ruin their laptop or pc.  As i say people will never mass dump coins again after this...especially ones that have huge instamine appeal. QRK will be the last of the instamine coins that get dumped to nothing. There are too many buyers now and the lesson has been learned. Instamining in this case helped the fair distribution of qrk.

Say what you want about it , come back next year and see what has happened with it. My guess is that now it has reaches fair market value it will rise inline with other coins if not faster due to all the attention it is getting.

I like dgc and cgb more, but QRK is not over valued and will continue to rise strongly. Those other two have not risen as fast as they should have done. If you missed stablecoin you missed another rocket like QRK, but you can't win them all.  Stop wasting time and get mining and trading else you will always be here moaning and groaning rather than enjoying being early in one of the most exciting things in years.  You missed the very start as i did, but we are still in before 99.99% of the population.

Sorry, I meant fast as in "fast trading" not fast transaction times. Quark volumes are huge... my bad.

This is why I don't get along with some hot blooded supporters.
You, just like so many people in bitcoin , litecoin or whatevercoin think that price is a measure of success.
You don't see the true potential in crytos beyond market speculation and instant gain.

This is the difference that I'm talking about , and at least BTC has some poeple and actual devs (no copypaste kids) that think beyond price for the future.

Yes I think that QRK is overvalued vs. WDC. Exactly a month ago QRK had a market cap of $35k while WDC had a Cap of $950k. Currently QRK is worth double WDC. Does that make any sense? Based on What? Hype created by Bill Still and Max Keiser?

It gets even more ridiculous when you compare Quark with Namecoin which had a Cap of $4.3 million on November 10th. Now Quark is worth more then NMC? Get real.

With a Cap of $35 thousand anyone with 10 thousand cash, a botnet or willing to rent massive computing power from a place like Digital Ocean for a few months could control a huge portion of the coin. The majority of the coins were mined before the crazy price spike we have seen so it is quite possible for a few people to own (or did own) the majority of QRK.

 Also just because QRK changes wallets doesn't mean it has changed owners. I have heard rumors that at one point the majority of QRK was held in the 10 largest wallets, they could have easily just distributed their holdings among more wallets to deflect suspicion.

I think the OP makes a good point that if a few people hold all the supply and don't sell then it gives the illusion that QRK is valuable but if they did sell the price would drop massively.

The reason why QRK is attacked more then other coins is because it has leaped over all the others into the 4th spot of course people are going to turn their attention to it. It deserves it.

If Bill and Max Promoted any other coin that coin would also see large gains. I don't think that makes Quark special.

The reason why it concerns me is that if QRK implodes at some point and I think it will, it is going to do a lot of damage to the crypto community.

Let's see your rebuttal then, or are you afraid what I am saying is the truth? And what's this about dogecoins, do you guys find it threatening or something a silly coin such as that? You must have taken a lot of time to look through my posts and see where I posted, because that's my only association to dogecoins, posting in one of their threads, I haven't mined or plan on mining/buying any dogecoins.

And I'm sure that I'm not the only to notice the blatant bribery of shill Bill Still.

I love to aggressively protect peoples freedom .

We are helping people,

these fat girlfriendless fucks are playing WOW and getting horny about the possibility that the NSA might recruit them .

Then they come here an tell me they are going to attack this community that is trying to free itself from corporate communist slavery .

What do you expect ?

I am just being honest .

OMG - I have a ton of quark sitting around from a couple months ago. I'm stunned... in a very happy way. I had a feeling this would be a good long-term investment :). 

Great to hear mate I wouldnt even start to diversify until equites have crashed , but I cant give finacial advice .

Cheers.

Quark is mined 99%
Worldcoin is mined 13%

Quark is percentually mined 7.6x bigger than Worldcoin.

And current  market capitalization of Quark is 2.3x bigger than marketcap of Worldcoin.

What is undervaluated/overvaluated now?
Which coin price will be more influenced by miners dumping in the future?

http://coinmarketcap.com/

It doesn't matter if new money dumps in Quark because all the money is in the hands of old investors.  It's THEM you should be worried about.  Even if new money dumps WDC it won't crash nearly as hard as if old money dumps QRK.


It's one thing to argue with facts and references.  It's another entirely to throw ad hominems and other fallacies around and act like these are the reasons you shouldn't believe your opponents.  It makes you look bad and doesn't bring smart money to your side.

Regardless of the coin's features compared to any other coin, if they get on an $ exchange than they have a massive advantage in gaining value over any other coin.  So from a standpoint in the hopes of making money, then this coin would be a decent choice if it does indeed hit some exchanges.  As far as it's other features, I have not looked into them good or bad.  When the public start buying them, even if they try and research them they wont know one feature from another anyhow.

I find dogecoins as threatening as i find you. I collect ALL coins, but QRK is a great coin and i don't like misinformation spread about it. I will state again the obvious .... THE ONLY PEOPLE CRYING ABOUT QRK ARE THOSE THAT DON'T HAVE QRK.

That goes for any coin.... i see yesterday....blah blah why is sexcoin so good, what is great about it, why should it rise so much, scam coin....lol. The longer you stay on this board the more you will tire of hearing every coin that rises when people miss the boat is a scam, premine, instamine. LTC was a scam coin for ages, PPC was a scam coin, FTC ....fuck which coin has not been called a scam coin. BTC is a elitist scam coin apparently, 70% of BTC held by 50 people and all the rest of it. Just get mining/buying/trading  and stop worrying about what you don't have.

The mining argument means nothing, it has been explained time and time again that through market distribution qrk is as well distributed as LTC PPC and NMC and probably better than a lot of the other coins. So quit moaning and get mining. Your moaning does not make QRK go back into the darkness where it was ignored and most people had not heard of it. It is now as mainstream as crypto gets and you can reverse that sadly. 

Next explosion will be........ ah well who knows so buy a bit of everything and hold on.

First rule about being a noob - don't cry like a noob.  

You and many many other QRK supporters keep spouting this fallacy like it actually discredits other arguments.  This is an informal fallacy called "appeal to motive" that you built on top of your other formal fallacy "People who cry about QRK must not have QRK".  An appeal to motive built on top of an affirmation of the consequent (which is a fallacy of the argument "People who don't have QRK must be crying," which isn't even a valid argument in the first place!).  Your second paragraph is an ad populum reversal fallacy, and I have yet to see any evidence of the QRK market actually being distributed after the initial instamine (If you have some, please show me!).

QRK = ScamCoin

Yeah, take it from a known scammer. lol
How did you get such a shitty reputation?

I don't think it will because the public is uninformed.  If they were aware of the risks involved in holding a currency like this it probably would.  I'm not arguing that the coin appears to have a high market cap right now.  It clearly does, and there's clearly money to be made, but I think that if you plan to make some money on QRK you are making a very risky investment when there are less risky, higher reward options out there with better long-term benefits to the crypto community than QRK.

GameKyuubi made excellent point. It is so easy to forget, that none of these (NONE) coins have actually no value at all. It is all thought up by the people involved. Cryptocoin market is basically a perfect bubble (http://en.wikipedia.org/wiki/Stock_market_bubble)... winners will be the ones who make most noise. This is why I decided to invest in QRK... one of the few alt-coins with so much buzz going around it...

And how did you get that brown Ignore button?

It is common sense my friend, who else would be crying about it?? you think QRK holders are crying that it has reached fair value?

In life you're either a QRK holder or you're not a QRK holder. If you are a QRK holder and annoyed it has reached fair value then seek medical attention.

Consider the full minting and total number of coins, and it is fair value against any coin.  Yes there are coins that i consider better however QRK was undervalued for months it is only reaching fair value it is not overvalued. Bill noticed this and recommended it as an investment, simple as that. I like your command of the english language and you're obviously a reasonably smart person. However you are wrong to single out QRK as being overvalued, it will increase in line with other coins or at an accelerated rate due to having a lot more media attention now and lots of services in the pipeline. There is an exchange coming for QRK directly to USD, have you seen the QRK site directly to amazon and ebay vouchers?? All of this can not be taken back now, QRK was undervalued because nobody much knew about it, this had changed you will not be able to moan and cry this into reversal.  Your motive is obvious, you are new and have missed this boat. You have doge and datacoin in your avatar, they could turn out to be wise buys, data especially however they are not guaranteed to be a better investment now than QRK. Doge may never get to an exchange, promoting this coin and causing people to possibly buy any now or waste hash on it could be seen as a scam or risky investment.

You have to realise, never again will a coin sit there for nothing for months on end. QRK does not have 10's of billions of coins and it has been rock solid since it started.

There are charts showing the distribution of QRK is no worse than LTC, PPC and NMC, the top 100 wallets own about the same amount. Are they all scam coins?  consider that QRK has been out far less time than the others and it shows you that the market has distributed QRK rather well given the time frame.  If you watched the market you would see whales that still hold QRK dumping it 500k at a time near 11c. This is what the market does well it shakes out whales on major dipps and encourages buys as it goes up again.

Ha ha at least this tard posted with one of his real accounts ha ha .

Power up guys ! : D

You've been pretty defensive this whole thread. OP brought up some really good points. Why you so desperate to defend the scam? Shouldn't you be happy with your profits and move on to the next scam?

"Quark the grass roots Cryptocurrency  < with the best distribution"

Yeah ok, if by best distribution you mean a few people holding majority of the coins and manipulating price to their benefit, then yes. Certainly not the fairest distribution however.

At one point the top 20 wallets contained more than 60% of all the quaks.
When that hit the forums they start splitting them , go on and read in the archive about the "fair" distribution.

Let's see in the next month when mining revenue drops 16 times , who will support this coin.

WTF are you high??? I just told you the top 100QRK wallets hold no more percentage of QRK than LTC, PPC, NMC   are you still spouting the same misinformed rubbish???  Do some research and then return to spout a different pointless claim. QRK is one of the only coins in green again today - This tells you the market is not falling for the QRK slander and have recognised it as having fair value and it now about to rise again with the QRK  USD exchange arrives.

Are you actually insane?  QRK has been out less time and has already just as good of a distribution as the above coins and probably far better than many new coins of its age.

STOP SAYING THE SAME THINGS THAT ARE TOTALLY UNTRUE!!!!!!!!!!

Let me say it once again for you all

QRK HAS A DISTRIBUTION EQUAL OR BETTER THAN PPC, LTC, NMC AND OTHER MAJOR COINS AND IT IS A YOUNGER CURRENCY. THE MARKET WILL SEE THIS DISTRIBUTION BECOMES WIDER - LOOK AT THE VOLUME

I don't know too much about alts but I have barely even heard of Quark...so don't get too excited.  If what OP says is true I think over time, at some point, there'll be a crash because someone sells.

lol at one point 1 wallet contained 100% of the QRKS, and that goes for every coin!!!!!!!!!!!!

What the OP says is junk, do some research for yourself and decide.

Just this: http://www.quarkcoins.com/quarkcoin-distribution.html

No need to get carried away guys... :)

Isn't this how LTC got so big? BitCoin fanboys fighting all day long with LiteCoin fanboys?

Its like team Edward vs team Jacob...

In all fairness tho, Edward is much cuter <3

First, get your (irrelevant) facts straight.  I've been here since 2011 and in crypto since 2010.  I'm not new to this system by any means.

Second, even IF we magically can assume that all people putting up arguments against QRK don't have any QRK, it's still a logical fallacy to imply that someone's motives are a reason to ignore their argument.  Congratulations, it's still a garbage, irrelevant, illogical argument.

What gave QRK its intrinsic value at the time?  What about it did you and other investors see that nobody else saw?  What made it different, better from other cryptos back then?  Only if you can answer these questions can you make the claim that it was undervalued.

Where?
Edit (Thanks Meebo): http://www.quarkcoins.com/quarkcoin-distribution.html
Alright.  I'm not going to attack this because it's hosted on Quark webspace.  This, however, does not prove anything.  There are actually no charts you could make that prove that Quark is evenly distributed because there's no way to know how many people own how many wallets, so there really IS no evidence that QRK is distributed well.  There can't ever be.

DOGE is already on an exchange and I specifically tell people that DOGE is high risk if they ask for my opinion on it.

Finally, fallacies aren't in a domain of English so much as they are in a domain of logic.

Whats the guy forgets to mention is that almost all the quaks have already been mined , so it's 60% of the total amount of quaks ever to exist.
While only 50% of total bitcoins have been mined at this point , same for LTC.

Well, to be fair, normal people can not mine BitCoin or LiteCoin anyway any more :)
If you don't own a multi-million ASIC farm you are out.

Also, QRK has small inflation that can be mined as long as the coin lives...

That's communist propaganda  and you know it.
Look at the marketplace on this forum.
There are groups buy where you can buy shares with only 0.10 or 0.25 btc.

Also , isn't quak mining also unavailable for the 2 billions people out there who don't have a computer?
Or for the 3 billions who have a crappy one?

Yes and only the same people that hold all the BTC that could afford 2TB asics are getting the new minted coins.  Let's review the distribution in 1 year. With the volume QRK has on the markets for such a young coin i will expect its distribution to get even better.

This also does not really matter, since the market rate will determine distribution, QRK distribution will get wider with the market and is ahead of the curve already.

MINING is not everything as has been said 100000 times.

You can mine BTC but right now it will probably be cheaper to buy some and hold it.

You just went full retarded. Never go full retarded :)

LOL tell the ones with the crappy pc to mine some BTC.  lol

They have more access to qrk right now than BTC in terms of buying or mining. I mined a few blocks on a normal i5  yesterday.

this made me LOL so hard.. :D

i think QRK has a good shout, like any other altcoin.. its always risky.  however i feel that with the amount of publicity it has gotten the price will rise, i have only been into this stuff for a few months but im impressed at the QRK community (not to say that others arnt like it) so i think this coin has a chance.  however, never invest what you cant afford to lose!

if people want to buy some QRK and ride the train then good luck to them, you dont know unless you try :)

Stablecoin:18.33 points
NovaCoin:No rated (cause this's a commodity with 5% return rate)
WorldCoin:23.33 points
Quark: 40 points.

WorldCoin, Stablecoin are one of those clones who's value is cause of people like you.

People will DUMP Litecoins, Bitcoin once it's mining period is over. Future is unknown. These rubbish clones (worldcoin, gamecoin, etc.. etc...) will be replaced by likes of Quark, CGB, Zetacoin.

Quarks has reached stability and has proved it.

yeah you did a pretty good pump job, with Bill and Max, congrats on that one , but now the pumping fun is over and the bubble is slowly but surely deflating, unless you can pull an even bigger media stunt in the future, like get on CNN or something

Thank you for the attacks guys, sorry for being frank and aggressive - but the price had risen quite high and a lot of our original group B investors we getting pushed out of the market because of logistical issues -

this was the effect of Max promoting the currency - now it seems a few of Group A have sold again, and we have been able to set up some more Fiat exchange options (with more coming on board)

So this means that as the price has somewhat stabilized we can get a lot more actual investors in, of which contacts i have been making.

If you wanted to look at the model and pattern of analysis that i use to understand that these predictable attacks would occur - a lot of it was FTC.

so all i had to do was respond in a way that would help.

I feel this arrangement has worked out for all of us - we all know about the exuberant way in which markets can move.

BTC38 have taken a similar stance - now we can move forward with a normal infrastructure.

Regards.  

Ps * i'm loving all these new "coins" this forum is buzzing ! - some are even worth mining and dumping for Quark - but only some.

what's CNN  ?

is it like RT ?

if so, I might be interested in that. pm me!

I don't think any bubble is inflating or deflating - i think you are looking on a very short time scale , maybe you need to widen your horizons  ?

Quark has what over 16,000 wallets of over $1000 - imagine that , look upon the free market in action .

regards .

hopefully QRK will climb back up. I still think it should be 0.50 cents or more

One cryptocurrency expert advises that one of the new virtual currencies with a stable inflationary curve will be the new Bitcoin.

So, that rules out SecureCoin, which uses a similar encryption approach to Quarkcoin, yet has the same deflationary curve as Bitcoin. So it's just cloning bitcoin, whereas Quarkcoin is doing something different. This means that Quarkcoin will be likely the chosen one...and unless any other coin can get out there before so, then it will eventually become one of the top 3 coins.

Quarkcoin currently has a pretty low mining reward, less than 20 US cents. But can you not say that about other coins? You could have said that about Bitcoin before it's price exploded exponentially, where it went from 1000 BTC to 1 USD, which is where BTC used to be. A successfully mined BTC block yielded 50 BTC which was about 5 US cents, when the price of 1 BTC was 0.001 USD.

I'd suggest going by the market curve, that QRK has the potential to hit about $70-140 per QRK. Like Bitcoin, this could take years to come to pass, but if QRK survives, this is a distinct possibility.

And if Bitcoin market cap goes to $1,000,000,000,000 then QRK will almost certainly hit that price, at least $70, and possibly much higher.

Quark will NEVER reach its previous ATH.

You sure about that?

I remember when Litecoin was going up and down like a yo-yo before settling at around 5 cents, but it went as high as 8 cents, before shifting down. A lot were saying that Litecoin would never amount to anything. They were wrong. It went to $40+. Funny that bitcoin was a fraction of a cent, then skyrocketed to well past $1000 in just a few short years.

Never assume anything. It's a mistake we've all made at some point, and some of us are kicking ourselves...like those who assumed bitcoin was just a joke back in 2010 and didn't bother buying a bundle of say 10,000 when they were going cheap as shit. If anyone had bought 10k BTC back then and kept it without selling out, today they'd be multimillionaires. Like those who thought Litecoin was a joke in 2012. If they'd bought a bunch (ie, 100,000) for a measly $5k they'd be multimillionaires right now too ;) But they didn't. They made assumptions to the effect that bitcoin and litecoin were a joke. Just like people are making assumptions about Quarkcoin. Those who dismissed bitcoin and litecoin were proven wrong in spades. Those who are dismissing Quarkcoin may be proven wrong too...give it time. We'll eventually find out one day...

L..O..L