Where does rubbish like DOGE come up in the top 5 cryptos?
Many many many pumpers pumping very hard, very smart, dogecoin scamcoin. Basically all the anti-QRK people jumped onboard this coin and continue to exploit poor investors.
Doge is a fun coin with a fun community, it's a joke but it could be what we need for the mainstream to enter the crypto world.
So what you are saying is that a "joke" has a (currently) three times greater market cap than Quark... hmm.
If you read this, which helps to understand why doge is higher in value. It's the speculation on future prices. From
http://dealbook.nytimes.com/2014/01/21/why-bitcoin-matters/ on bitcoin:
Bitcoin is a digital currency, whose value is based directly on two things: use of the payment system today – volume and velocity of payments running through the ledger – and speculation on future use of the payment system.
Quark's price went up late last year because of this speculation. I think we need to ditch the conspiracy theories, it's quite simple why QRK has dropped so much in value. It's price has gone down, I believe, because of the two things from the quote.
1. There hasn't been any news of anyone actually using Quark as a payment system (or only tiny examples).
2. There are other coins to speculate on, which appear to hold more promise, for example doge, because of the 'reddit effect'.
We need to actually start using QRK as a payment system, if it's value is to rise. That means encouraging people to use it, and also giving people reason to trust it as a currency.
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