Maybe all this quarkcrazysituation ... is because all quarks have been mined .. now only 1 milion per year is going to be mined. ..
or am I wrong ?
Yes, but maybe that's exactly a good thing. You wont see large centralized mining firms take over the QRK production from now on into the future. Instead the new coins to be mined are only a few, but not too few.... so to still appeal to miners and newcomers who will be able to mine small QRK amounts even with their home computer. So QRK is really all about a fair distribution of the 240 millions that are around at the moment. Will it succeed? It looks promising, because of the very large growth in the fanbase... and we are not finished yet... If QRK manages soon to have a fanbase 10 times bigger than now, and still have a price of lower than 1$ then I see a bright future. Should the price grow too fast, faster than the amount of fans.... then this might spell doom, because it might look more like a pump/dump... and many people will attack QRK for that... it will play into the hands of QRK enemies. So I hope that QRK will rise steadily, more like real organic growth (with real new people behind it) and not so much speculative pump. So anyone who loves QRK should NOT dump QRK at the next spike... instead sell a few QRK for a reasonable price, but keep most for the bright future. |
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A seat, not flying up to the top within a short span for no apparent reason. It's completely artificial. That's really my point. It's completely fake and all you have to do is watch the orders on the exchanges to see it.. Like if this was Zerocoin and it got this high that fast, I wouldn't even question it. But this Quark shit is a total charade my friend.
I understand what you are saying. But I think it's not "fake"... The reason is that the early adopters are 10-100 times more in QRK than in any other coin there ever was. Quark is spreaded around.... much like you put quark on your loaf of bread.... it's what QRK's here for.  |
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Why is quark getting so "big"? Did the pre-miners spread coins to big alt-currency twitter guys etc just for promotion? This push makes absolutely no sense to me...
Maybe it's this. Maybe the early miners have so many spare QRK lying around... that they spread it around and build a big community of QRK holders and lovers. And I mean REALLY big. Atleast 10 times bigger than any other coin every succeeded to do. So now the early adopters are suddenly not hudreds like it was in BTC, but it is tens of thousands of people who are already invested in QRK... Maybe THAT IS what QRK trys to achieve: the fair distribution that explains QRKs rise... because it has a much larger fan-base of early adopters than ANY other coin ever had. |
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Not QRK apparently. Seriously look at what's going on with QRK at cryptsy right now and tell me it looks natural to you.
ive been watching it all day and it looks heavily manipulated.. which made me hesitant to buy in, but i think its inevitable its going to rise some more whether i believe in the coin or not Agreed. I won't be surprised at anything that comes out of this coin. It's certainly done nothing to really earn it's current place. As if all other shitcoins did lmao exactly, as long as a coin uses fundamental principles of bitcoin protocol... well... THAT'S what they do to earn a seat in the "crypto-theater"... Everything else is marketing ... |
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earn it's current place?
You mean like dancing breakdance and sh1t?
haha, i lol'ed so hard. Thank you. |
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NXT will destroy bitcoin! NXT hasn't even released the sourcecode yet... but will so sometime in the future??? How is such a coin even talked about without fully visible sourcecode? ...I don't get it....  |
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QUARK is going to get real close to litecoin's price.
Now is the last chance to get in at reasonable prices before the next big announcement and the run up.
Lol, right. 30$? Don't think so. Yeah they said the same thing about LTC about a month ago. LOL! bullshit. LTC went from 2$ to 40$ and not from 0.20$ to 40$. I agree, also there will always be approximately 10 times more QRK then LTC... that will probably be the rule to determine the price. LTC:QRK = 10:1 But the real question is, if BTC:LTC is ok at 30:1 or if that should be 10:1 too... I don't know if this makes even any sense, but if we think of cryptos as commodities, we should be able to apply a ratio, much like gold:silver with its historic ratio of 12:1 Also it's not only the amount of coins that define the price of a crypto. It's also other specifics like security, adoption, etc.. Who knows what will happen... But that's why development of the community around a coin is so important. Remember the long to-do-list that was posted in this thread a few days ago,. |
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QUARK is going to get real close to litecoin's price.
Now is the last chance to get in at reasonable prices before the next big announcement and the run up.
Lol, right. 30$? Don't think so. Yeah they said the same thing about LTC about a month ago. LOL! bullshit. LTC went from 2$ to 40$ and not from 0.20$ to 40$. I agree, also there will always be approximately 10 times more QRK then LTC... that will probably be the rule to determine the price. LTC:QRK = 10:1 But the real question is, if BTC:LTC is ok at 30:1 or if that should be 10:1 too... I don't know if this makes even any sense, but if we think of cryptos as commodities, we should be able to apply a ratio, much like gold:silver with its historic ratio of 12:1 |
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In my opinion, the incentive to mine will be that there are 1,000,000 new QRK to be mined each year. Because mining is done on regular computers (CPU only, ASIC proof), anyone can mine. And with a decent system, you can run it in the background without even noticing it's running. So, assuming Quark becomes something desired and with value, why wouldn't you set your computer to mine? It's free money. If too many people do it, the difficulty will get too high and some people will turn their miners off until the system finds its own equilibrium of return vs cost (electricity, etc).
I wonder how the difficulty of QRK will develop in 2014 and the next years. Since we will always have a more or less fixed bounty of 1 million coins every year.... how will this be shared when more and more people start mining? That's the difference with bitcoins... the bitcoiners DON'T have this fixed amount of coins to mine every year.... but instead always fewer and fewer coins... and the harder they try the harder it will be to get new coins... hm.. I can imagine that pretty soon you can forget to believe that you can successfully mine with one core of your one cpu. Instead we will see users with hundreds of cpus take away the big part of this million coins... What will happen if the million coins will be mined before the year is over? I am not sure how the difficulty of qrk will behave in the future. Can someone elaborate on this? |
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Officially quarkcoin is on the fourth place after Bitcoin, Litecoin and Peercoin.
And steadily arising despite the extremely laggy cryptsy that is killing the orders
it fell back to the 5th place now.. lol Now it will be a steady shoulder to shoulder competition for a while. |
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Pretty incredible trade on Cryptsy at the moment. I mean, QRK has been the highest traded every day for over a week, but 1380 bitcoins worth is a lot.
QRK is almost 50% of all the volume at Cryptsy.. yet other exchanges don't fancy adding it... I think soon enough they will have ℚℚℚ signs in their eyes and add QRK.
Yes, I don't know what criteria an exchange uses when deciding what cryptos to add. I imagine that Vircurex for example is very strict when it comes to security on their servers. Maybe they just don't like currencies with fast block generation. Cryptsy on the other hand just adds everything as long as it has an acronym, no discrimination whatsoever..... that's why I have a little of a bad feeling about QRK as long as its biggest trading volume is on cryptsy... When one of the bigger exchanges adapts QRK it will be very stabilizing! |
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price is climbing  |
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Downloaded and installed latest version from https://github.com/namecoin/namecoingetinfo shows version 35100 Is this right? Don't want to be on the wrong side of the chain when we hit 150K. yep that one is ok My namecoin daemon shows version 35000, should I recompile daemon from source? my local qt wallet is updated to 0.3.72, so no problem there... but I was wondering about the daemon that I run on my server... |
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The original is still the best by far +1 yeah Absolutely, like 100% true. The others don't even come close, it's like trying to reinvent the wheel... it's already here for crying out loud!!! |
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thank you
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But wouldn't the louder cpu fan also draw attention?
Not necessarily. I can barely hear mine and it's running right now at near 100%. On a laptop, yes definitely. A 100% CPU and the thing sounds like it's about to take flight. A high end desktop rig in a good gaming case and you barely hear the CPU at all. dang darn... but maybe the additional power consumption will wake some people up, no? If my 8-core is at 10% it really draws only about 30 watts... so my whole system (motherboard, monitor, etc..) draws about 140 watt... But when it goes to 100% cpu it is more then 200 watts... why, then they should build computers that make moaning and gasping sounds!! Some form of obvious indication of "high effort" |
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lol...
I don't understand why some people claim botnets could become a problem for QRK.
I mean if I have a hidden process that uses up 100% of my CPU, I will know it.
People who know nothing about computers will realize something is wrong, and tell someone who knows more about computers.
I understand botnets can send spam mails etc... without the user realizing it. Tasks with small or no CPU usage.
But to have the CPU cycle away at 100% for hours without the user realizing that his computer is no longer usable for anything else.... that is impossible.
Depends on the computer. I have QRK mining in the background all the time and barely notice any performance effect (i5). Although, I would still definitely notice if something other than my actions were taking up the CPU. So maybe it balances out: those with a good enough computer that they might not notice the effect likely know enough about said computer to notice the botnet anyway. Yes ok, if someone has an 8-core cpu but uses that machine for only a little office-work... he might not ever realize any performance problems... But wouldn't the louder cpu fan also draw attention? |
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99% is as good as mined out. you may be able to make a few quarks with a botnet or large vpn - but the power costs wont even remotely be close to what you gain.
Which means hoarders of 100-s of millions are simply enriched with all the new users.
Because the botnet owner pays the electricity bills of the affected machines. lol... I don't understand why some people claim botnets could become a problem for QRK. I mean if I have a hidden process that uses up 100% of my CPU, I will know it. People who know nothing about computers will realize something is wrong, and tell someone who knows more about computers. I understand botnets can send spam mails etc... without the user realizing it. Tasks with small or no CPU usage. But to have the CPU cycle away at 100% for hours without the user realizing that his computer is no longer usable for anything else.... that is impossible. |
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So the way i see it... only way to get to the quark market is by enriching early miners and buying from them.. since its mostly mined out...
CPU mining is flawed - botnets and huge vpn networks.
What initiative is there for new people to even bother with a coin thats mined out by perhaps 100-200 people? Feels like a get rich scheme.
But every year there are 1 million new QRK Coins to be made, don't forget that. So how is this "mined out"? |
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Someone is reaaaaaaally 'smart'  Come on dude! You're killing the rise! Sell in smaller chunks. Let him. I might actually buy from him. How stupid he will look in a few months time. |
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