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The blockchain explorers keep getting attacked, without a working blockchain explorer the coin doesn't go on Coinmarketcap... it'll be back soon, you can attack the blockchain explorers but the coin is rock solid.
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in fairness, one of the reasons that this coin was chosen to be moved forward is that it hads so little value, and shook out the large holders and original miners, meaning that it is a fairer coin.
The talk of being premined is 100% missing the poinnt. If it was 2% mined then mining farms would move in a corner the coin, that cannot happen. Mining is basically a way of distribution, Quark is already distributed, it is ready to be used.
250million will made in the first 6 month, those 6 months are almost up, now we have a stable coin to use for trade and transactions. Other coins will dilute the price with constant coin increases, Quark will not. There is no QE in QRK!
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So the major indexes are all really high now, they look set to fall especially when tapering is announce (I think it will start but have to be cancelled)
When the markets crash, do you expect that some of the money will land in Bitcoin? I would expect that to happen, but then we are at near ATH levels whilst the markets are flying, so it could be that if they fall, we fall, due to a risk off atmosphere.
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No, not at all, look at the graphs.
In fact for most of the BTC rise, LTC was very low. It is only the last 2 weeks when all of the alts have started to rise. It was assumed that everyone took there money out of alts, to have more BTCs, and when it fell again, people would rebuy. Now that there hasn't been a fall, the money is going back to alts anyway.
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Historically shorting bitcoin hasn't been very profitable. You're braver than me if you do it!
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That would make Bitcoin worth 1.2 trillion. About the GDP of Mexico, whereas now we are about the size of North Korea...
Seems plausible, it could also be worth 0 though
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In case you didn 't notice, BTC-e can't take more traffic either. They extended the book refresh to 30 sec, that's huge.
Like criptsy, they aren't coded to scale massively. They are just throwing more server and hope it will be enough
Are you still recommending that scam MCXnow Bidje? When they come back the fees are going to the moon... |
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Same question here, how much per coin for up to 1.4 bitcoins.
Do you use an escrow?
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Attempts to talk to the 'dev' have been... unfruitful.
Because you are suggesting that they completely change the concept of their coin! Speak to someone about getting rid of the 21 million bitcoin limit... |
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if this fork happened, it wouldn't be quark anymore. You are arguing against the whole concept of quark, it won't happen.
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It is massive, kind of.
250million is actually nothing, the US government prints that much in QE in just over 2 hours!
If Quark is to take off in any way, then $1 is nothing. At the moment it seems a lot, but with China pumping in money everwhere, it actually isn't much at all.
Don't forget, litecoin doesn't need to stay at it's market cap either, we are 50% of what litecoin was 2 weeks ago, but actually we are only 6% the size of litecoin... the goal posts are moving! We could be $5 a quark and still the number 5 coin in a few months...
EDIT and in reply to the aptly named noob, Quark wasn't premined at all.
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On the other hand there's also people lurking for cheap BTC, they'll counter the crash.
Just wanted to make clear it doesn's specifically have to keep rising as fast as it does.
It dropped almost 40% but has now rebounded almost completely... what will it take before it pops the bubble? (if it is a bubble) I think these crazy falls are just a sign that this isn't a bubble, but a value that people see as fair. |
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But it has already gone up massively. Why should it go up another 10fold?
I was expecting to see a flattish graph, then I would understand...
If being incredibly cheap and a catchy name are all you've got, then...
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breaking the terms of use, basically stealing? Not sure what they would do, but you can only blame yourself if you end up out of pocket.
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Will AWS force all who use the free credits to pay for the server usage at full prices? or spot instances prices?
That seems like it would be changing the prices after the use. If a spot request is made, limited to 0.4, then they can't choose to charge you $2 just because! I imagine they will start to ban people and the prices are rising. That said, maybe they are making loads of money from it! |
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I never understand that, someone comes in with say 300,000 quarks, but decides they want to sell NOW.
They crash the market 25%, then it bounces straight back afterwards. Result is that the person with 300.000 quarks has lost out on bitcoins and the little fish have gained some cheap coins.
It seems ridiculous, but it happens pretty frequently.
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Well it's certain not to go back down to previous levels! The bubble popping will be a new commodities backed currency system, but the "bubble" has a way to go yet imo
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I wanted to sell some bitcoins for pound sterling and was contacted by ricardotemporal who wanted to buy. He posted a link to his localbitcoins account: https://localbitcoins.com/accounts/profile/ricardotemporal/ a heavily used and trusted account. On his localbitcoin account he has a facebook link, so I asked him to message me from this facebook account, which he couldn't. So I posted on the wall of the account to confirm that he was who he said he was, but I got a reply back saying that he had not offered me any deals. Watch out for this guy. Fortunately he is a junior member, but his trust is 0, so someone could easily fall for it. |
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