when block price will = 1 ?
how many month?
Block reward halves roughly every 21 days. Currently it is at 32 QRK, so another 5 halvings (about 3 months). I've actually started thinking more and more about the inflation aspect of QRK, and I'm starting to understand how it's necessary to keep the coin mining and growing. I don't see how you can keep people mining the coin off TX fees alone for a continued period of time. Am I wrong in saying this? Thoughts? |
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I request a mac wallet for Quark. Anyone know if one is being developed?
+1 on this |
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I personally don't think changing POW is a good idea.
Quark has its own, unique POW and running without any problems. Why we want to change that?
That should be an option in the poll - "Keep current POW algo". Making it deflationary would not be a bad idea. Although how would you guarantee people will keep the network alive? Fees? Seems like mining is one of the few things that keeps most of these alt's going on their bad days. |
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Quark is dead
be away from this
There is still an active community hard at work. It's far from dead... |
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I personally don't think changing POW is a good idea.
Quark has its own, unique POW and running without any problems. Why we want to change that?
What changes would you like to see? |
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PTS has 1% inflation though. I think the reason QRK hasn't appreciated, along with other currencies, is that it isn't innovative enough to catch peoples attention. CPU only proof of work is good, for catching peoples attention, but Primecoin did it better (and before QRK? Not sure).
Primecoin has mandatory fees, would that be a good idea? Or what about a command so that miners can set their fee via the api? Currently bitcoin has the miner's policy hard coded in the source.
There's too much competition amongst altcoins and QRK doesn't have anything else to distinguish itself. PTS is popular because of the momentum POW and because of the promise of exchanging into bitshares which are another innovation.
6 algorithms working synchronously in 1 coin carries no innovative gains? Really? |
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This is awesome! Maybe the quark coin dev can do these necessary changes ?
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How would the coin distribution work in this fork? How would existing coins be treated?
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I think the inflation should be zero from day one.
Bitcoin is successful because there is a hard limit.
I agree , to a degree , and this could be an option , but I dont mind the 1 million per year for 3 years, at least everyone knows the score it puts a defined cap in place . But yeah its all open for discussion I guess ? Whats the point of inflating the supply if there will be a natural inflation process through mining? |
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I think the inflation should be zero from day one.
Bitcoin is successful because there is a hard limit.
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Still, price is insane. Dropping and climbing like that is not healthy.
Is everyone's memory really that short? People said this when it went from ~$1 to ~$0.5 in spring 2011. And again in the summer of 2011. And in 2012. And early 2013. Hell, I was one of the most obnoxious ones saying it. The fact is, volatility like this will be with the bitcoin market for a long time. There's just no way around it. Coins need to get more widely distributed and there need to be more services accepting bitcoin. It's going to take a long time people. This level of volatility is frustrating. But, it's encouraging that so far the bitcoin ecosystem has been able to bounce back from it. I'd say that's a sign of health. We're growing. It's going to be painful. But more and more it's looking like this whole experiment has what it takes to stick around and be a major system for global commerce. I remember Proudhon  |
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I'm starting to like this MPoW more and more  . How would this affect existing infrastructure? |
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Just curious - which BTC exchange do you use for determining the BTC valuation when it comes to converting to USD?
CoinPal uses Bitstamp to come up with the BTC valuation. From there Coinpal adds a 7% fee. |
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We are currently having issues with high demand.
We respectfully ask you all please hold off on any new orders until further notice.
We're changing some things on our site that will allow us to throttle orders as they come in so that we can server you better.
Regards.
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I'm glad I saw a service like this.Can I get them converted into GBP (as I'm based in the UK)?If not does PayPal convert USD to GBP once you get the cash into your account? If I need help with a transaction what can I do to get this?What recourse do I have if something gets lost (it happens sometimes)?In case you're wondering I'm new to the service and wish to know more before signing up as it looks pretty handy.Thanks Yes PP can do currency conversion. https://www.paypal.com/helpcenter/main.jsp;jsessionid=L2xLQLvTNG9003F0mQFhhwbTzBzkLvh4Xfm2S4RZPflstswRSJJc!74389335?t=solutionTab&ft=homeTab&ps=&solutionId=1205232&locale=en_GB&_dyncharset=UTF-8&countrycode=SG&cmd=_help&serverInstance=9002 |
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Depending on when the order is made and who's in the office it can happen much sooner Coinpal manually verify all orders so the process can take 1-4 hours to complete. Cheers. The question I have is, are you able to fulfill orders when the bitcoins arrive (all the time) how are you funding PayPal to pay the funds out? We have a script that auto sells Bitcoins at the standard market rate. To pay invoices out we use our own bank secured funds. Thanks, though it still concerns me. The coin value of my coins in AUD are increasing and are now nearly worth $1k in total, I know you do it in USD - though once all converted it comes near $1k. Anyways, my main concern is are you able to fulfill every ones funds even if it will cost you a fortune to pay people out of their coins? Coinpal has a limit of 5 Bitcoins per customer. Larger orders may take longer to fill depending on our available cash at hand. If you are looking to fill a larger order please feel free to shoot us an email at help@coinpal.nl, and we'll let you know. If we're ever running too low to fulfill orders, we will halt buying on the site and not take any new orders until further notice. We appreciate your concern thank you. |
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Depending on when the order is made and who's in the office it can happen much sooner Coinpal manually verify all orders so the process can take 1-4 hours to complete. Cheers. The question I have is, are you able to fulfill orders when the bitcoins arrive (all the time) how are you funding PayPal to pay the funds out? We have a script that auto sells Bitcoins at the standard market rate. To pay invoices out we use our own bank secured funds. |
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