Bitcoin Forum

I've been out of the altcoin biz for a couple months due to work distractions. I stumbled back onto the forum and happily found out one of my favorite coins (QRK) has gone up dramatically. It's awesome, but I'm curious do folks see it going up or down? I'll throw out two predictions:

UP:
- 12/13/13 up to 0.000456 due to btc38 addition
- 12/15/13 up to 0.000923 after crowd catches on this is popping
- 12/17/13 up to 0.00513 with Xmas traffic
- 12/28/13 up to 0.0421 exceeding LTC territory - at this point folks sell
- 1/14/14 down to 0.00330 due to New Years hang-overs
- 1/31/14 stabilized back to 0.01254
- 6/13/14 locked in at 0.0254 for an extended period of time

DOWN:
- 12/14/13 up to 0.0004587 with btc38 addition, and excitement
- 12/17/13 down to 0.0002345 profit takers jump in
- 12/19/13 down to 0.0000432 everyone running scared
- 1/15/14 stabilized back to 0.0001321
- 2/15/14 down to 0.00008212 folks bored with the coin
- 6/15/14 stabilized at 0.0001

So what do you think - UP or DOWN?  Any other predictions? Maybe we should come up with a prize for the most accurate long-term predictions :)

$1.00 on 19th of December

over $10 before New Years

Thank Me Later

lol

If QRK ever exceeds LTC price, I will do a live stream of myself cutting off, deep frying, and eating my own dick.

0.00029150
...Running out to create Kickstarter campaign... :P

I don't get the quark frenzy. Sure, I bought a few and I'm up on them, but I'm just playing/speculating there.

My guess is that continued hype will drive up the price short to mid term. If it really is "massively distributed", then it will start to take root and BTC-e will pick it up. If not, it will fall back to where it is now - an interesting curiosity that's good to speculate on.

LOL - ok if QRK exceeds $10 I'll shave all the hair on my body, paint myself blue, and record myself running through a public place yelling "I'm a Smurf!"

You might like to put a time limit on that $10 smurf thing. all alts seem to be to be rising.

If QRK exceeds $10 I'm buying a small island.

Quark max under $1.6 ever
that's if it ever reaches past $1.00
which is looking very unlikely

There are 246 million quarks. So for it to reach the price of where litecoin is now it would have to reach $3.2

Thinking about it that looks unlikely. I take it too many people own lots of shares?

Was quark really cheap in the beginning and few people loaded up on all the shares? 

well all crypto is cheap in the beginning (including btc). In my case I was an early adopter, mined a bunch and then sold a bunch. I actually thought I sold most of it but found a good % sitting on my hard drive ;) .

^^
Google trends just exploded on this post in Europe for some reason ? ha ha

I'm quoting these for the future ha ha -

I think there is a lot more up than down but as the video states , because of the superior distribution and the fact that it will only ever get more decentralized not less , the transitions higher will be fairly smooth and I'd say the price will be fairly stable like a "traditional"  FX fiat Debt Currency -

so as it crosses in future the the USD , EUR, AUD and the CHF

^ unless one or all of these really starts to fail the price will i think be much more traditionally smooth  .

big spikes could be had in turbulent times !  

in other words past these initial news items and with first Debt fiat access it will trend higher , but in a "traditional" way -

this and the low price will further attract  "traditional" investors -  Believe it or not some Wall street guys love stability .

isn't there some QRK shill appearing on some big talk show soon? I vaguely remember reading about it...

Someone needs to escrow this

I feel so small with mine $1-$3 prediction for next year right now ;D

An announcement will be made by the Winklevoss twins, then QRK will exceed LTC price.

If QRK ever exceeds LTC price, I will buy a house on the bahamas.  ;D
On a serious note, QRK might be a good investment because it gets a lot of attention recently. It's not really innovative but it's still way better than most coins out there. The people here some to deal only in absolutes, some say it's the next big thing and some shout that it's a freaking scam. Imho QRK is a pretty good coin but neither as good as some people claim it is and neither a scam.

I will hold you to that. I hear Fried Penis is a delicacy in certain Asian countries that I won't name.

Quark was easy to mine in the beginning and gave huge block rewards, so it was mostly mined up by early adopters.
Now those same early adopters are trying to create hype to jack up the price, and then they will play their ultimate pump and dump card.

Do you want frys with that ?

Just like LTC and BTC, what an ignorant answer

oh, so LTC and BTC were 98% mined in 6 months?
not much time left until it starts giving just 1 QRK per block, did BTC and LTC reach that ridiculous level yet? what? BTC is still paying ~25.000 USD per block?

Give all the coins to initial miners who mined within first 6 months and trust they will distribute them evenly and not hoard
=
"superior distribution"
http://i803.photobucket.com/albums/yy311/rcrobinson85/oh_you.jpg


Exactly,
Some others will potentially be able to profit from this scenario as well, but most future adopters will indefinitely lose.

  
[/quote]
Quark was easy to mine in the beginning and gave huge block rewards, so it was mostly mined up by early adopters.
Now those same early adopters are trying to create hype to jack up the price, and then they will play their ultimate pump and dump card.
[/quote]

Clearly you weren't around in the early days of Quark. I bought some the second day and watched every day for months while the coin was mined and dumped at any price. Every time the price went up a little it was raped and the price was slammed. All those coins mined for the first 4 months were dumped, the price went to 30. I am the only early adopter left with my few QRKs that I didn't sell.

Who will profit? anybody that bought some in Nov. and Dec. Buy some now and you will still profit. It is going up from here 10X.

Heh you're not the only early adopter left, there are a few out there (if you compare the blockchain). With that said I agree most early adopters have "spread the wealth".

Maybe you have so many QRK, so you are senting a bullish signal about QRK's prospects .

Maybe you are not so good with English?  Whats with all these new accounts being allowed to post outside the newbie section.  So many phony accounts now with no other agenda but to slam certain coins.

I think people have to understand just how much a quark really is.

when compared to litecoins number of coins a quark would be worth $2.56

That is a lot of money for a quark. I mean, litecoin was at this price for a long time before the recent run up of bitcoin.

But all coins have risen bigtime since bitcoin went up so high.

quarkcoin to the moon!!!!!!!  :D  :D  :D  :D  :D

People think it will take 100 Million of new revenue to make Quark rise to $1.00, but they forget that it's not necessarily new money coming in, it's money already invested in Bitcoin, going into Quark, MASSIVELY!

My theory is that each Alt coin Leeches $$ off Bitcoin, because when people think to themselves, "I have $1000, and I want to invest...what will make me the most money?"
They think next, with perfect reasoning, ..."Bitcoin will have to rise to $1600 for me to double my Investment, but Quark will only have to go to .50 cents for me to double my investment and if it goes to $1.00 I make 4 times my money, but it will take Bitcoin to rise to $3200 for me to make 4x my money with Bitcoin, currently"

Now..all of the sudden, Quark makes much more sense...or rather Dollars, that Bitcoin ever could in the near future.
and ...should Bitcoin rise that much, Quark would surely rise proportionately along with it, thereby making the investor MANY times their money more than Bitcoin.
That is just basic, folks.

I need to get myself some popcorn and cotton candy to finish out this QRK thingy, bitrebel i think you put it right.

Again very nice reasoning, and applicable for every coin. :)

What do you guys think about the recent quark drop?

So many coins have been changing hands and I saw some massive dumps. I'm talking 100,000 quark coins being dumped at a time.

Do you think it is a good time to still buy or are people selling for a reason?

Dangerous game people are playing here.

Buy something safe,  iXcoin been around since 2011,  still trading under 20 cents,  only 17 million coins (not 250 million coins like quark).

QRK will eventually be put on btc38.com. When other alt coins have been put up their price has gone up quite a bit.

That's why we saw so much selling when it was found that QRK would not be put there. People just bought QRK for the btc38.com offering. They didn't take into consideration that it would eventually be put there.

Yes, true.
Detractors say what you want about it, but the world cannot ignore an alt coin whose market capital is #4 on the list.

I don't understand.

Is it not going to be put on btc38.com? Kind of hard to read what you wrote.

It was planned on Dec 14th but with possible few days delay that also was mentioned by btc38.

There have been 2 news items worth mentioning here -
Is now the time to invest in alternative currencies? - 03 December 2013
http://www.finextra.com/blogs/fullblog.aspx?blogid=8624
&
Attack of the Bitcoin Clones
http://www.equities.com/editors-desk/currencies-forex/attack-of-the-bitcoin-clones

Both mention Quark as if it could be the next big thing.

Also, Applecoin seems to have skyrocketed since last nights listing. Quark IS planned to be added soon, right?
They DID just add it to their Cottage Currencies page, which means they will be listing it soon. It could be anytime.
Right now is a great time to buy in, because it's at a lower price since last night, and it's sure to rise real soon.

It's currently the 4th largest in Market Capital and this cannot be ignored for long.

Quark is divisive. Both supporters and opponents are spirited and vocal. As there is no bad publicity, I see QRK going (the way we all want all cryptos to go) up

Who does think Molecule is more clever? :)

I think that the trend is over.
Quark was cool and new.
Now , it's old , new coins are coming to the market. They all have in the end the same source code as bitcoin so no advantage for quark.
Quark mining will be gone in less than one month since the rewards will be gone , and there is a new coin with a dog becoming popular.