Shameless way to advertise quark
Have you even read the article? No? Then maybe read.
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Investing in cryptocurrencies Donīt speculate, donīt be scared be creative!When you listen talks in cryptocurrency forums you often hear the terminvestment referring to freshly bought or mined currency units. I always found that partwise problematic and I think itīs helpul for people who are new to cryptocurrencies to reflect upon what they are doing when they become involved with cryptocurrencies and how they can actually invest in a certain cryptocurrency. click here to read on
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great work i tweeted about support for moolah , this would actually help our current and future merchants. i think we should aim to build our own payment system , have shares open to all of the community so i'm still looking at that also. I think we should do something more revolutionary: Build an own payment system in cooperation with the Top Ten cryptos. We shouldnīt think in isolated application, weīre not back in Bitcoin times. I think Quarkīs doing great on its own but long term there will only be integrated solutions. Cryptos shouldnīt be all competetive, weīre here for a similar goal. 1. We gather a pack of commited members from crypto communities that are capable and creative to push this project. 2. We create a crypto foundation with representants from every coin in the board 3. We raise money from every community and get this thing blasting. Imagine our thunderclap x 10. This is a chance to mark a difference between serious coins and the rest.
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Hope this helps but QRK continues to drop on cryptsy. Do you think this will help? It's tough to turn the momentum on the fud throwers.
I think it's better to focus more on Quarks infrastructure, projects and media attention which we are doing instead of the mentality of checking the price after each project. You shouldn't see this mainly as a price pumping sort of thing. If the price increases good, but it's mainly directed towards raising public awareness and we are not much focused at the price at the moment. It's a self fulfilling prophecy when the infrastructure is a success. Thatīs the point. The price of QRK is of any importance. Infrastructure matters, creativity matters, community matters. When I became part of the community, QRK was at 0.0001 BTC and 0.10$. The price dropped but community activity was pumped and Quark is more alive than ever. We managed to unite different taskforces and we as community are developing the necessary infrastructure to keep Quark going. Itīs a vibrant playground and the kids are out to play
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Guys - this campaign has been a rousing success! Lets start making major crypto news sites take notice! 1. Join the thunderclap https://www.thunderclap.it/projects/9706-let-s-reinvent-money-together2.. Follow @Quarkpress 3. Retweet our updates! I've directed the latest at COINDESK Lets ROAR together! Vic PS I'm away from home and will chime in on this stuff once I'm no longer trying to post on my phone! Itīs already a great success. Youīve done an awesome job, Vic. To the 500 and beyond!
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"No way will demurrage be introduced, i have seen zero successful coins implement this idea. The very idea of it seem insane to most people. Forced to spend your coins or they are taken away just sounds crazy." Thatīs not a valid argument. 1st of all Noone succeeded so it never will? Apply this argument to Bitcoin at early stages and there you have it. 2nd there are already successful currencies with demurrage on a regional basis and they have a solid infrastructure unlike most cryptos. This is one example: http://en.wikipedia.org/wiki/ChiemgauerPeople called the Chiemgauer insane before and they were wrong. The system turns out to work pretty well since 2003. Ideas that donīt apply with the mainstream are usually rejected on the basis of common sense assumptions and not on facts. The people that mostly invested in qrk viewed it with the common investment goal..... their investment increases in value. Now i understand fully that you are saying by creating more usage and less storage their actual investment could increase more than if not motivating people to use qrk. However we don't have enough services yet and also people involved with crypto for the most part don't like being told what to do or forced to do anything. If they want to spend they will , if they want to save it they will. Demurrage is not for qrk in my opinion nor for any crypto. Provide services they want to use - they will use them Show them private projects they can fund with good roi ....they will invest It becomes a circle. We need a core qrk team, team head up projects get them done. They take a slice of the fee's the new service we create charges. I respect your opinion and I agree on the part that working on infrastructure is currently priority 1. Still I donīt see how the current crypto system will level out the negative effects the intransparency about distribution has. Quark is affected by this intransparency in a different way than cryptos like Bitcoin. And again: I donīt see buying a coin as investment. Investing is supporting community projects and spending money on infrastructure projects. The rest is speculation/gambling.
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"No way will demurrage be introduced, i have seen zero successful coins implement this idea. The very idea of it seem insane to most people. Forced to spend your coins or they are taken away just sounds crazy." Thatīs not a valid argument. 1st of all Noone succeeded so it never will? Apply this argument to Bitcoin at early stages and there you have it. 2nd there are already successful currencies with demurrage on a regional basis and they have a solid infrastructure unlike most cryptos. This is one example: http://en.wikipedia.org/wiki/ChiemgauerPeople called the Chiemgauer insane before and they were wrong. The system turns out to work pretty well since 2003. Ideas that donīt apply with the mainstream are usually rejected on the basis of common sense assumptions and not on facts.
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The community is large, and the coin is established... however it is fragmented.
We need more combined efforts. QRK is a great coin. Is the dev familiar with POS and is it really required or not?
Some people on reddit talked about this: " My naive impression is that these are achieve opposite goals: PoS causes people to horde coins even more, since those holding them get rewarded for not spending them, whereas demurrage would punish people for not spending their coins. Right now I don't think demurrage would help anything, the recent prolonged downtrend should cause big holders to decrease their holdings. PoS would also be a bad idea, in my opinion, since the coin was released with the implicit agreement that there would be only .5% annual interest beyond the initial mining phase. Increasing this percentage, or switching to 0% mining reward and .5% annual PoS would most likely make a lot of people unhappy." " Definitely in favor of this. Although, I would prefer if we could have PoS instead of PoW combined with it. Instead of rewarding miners, if we reward everyone who is staking, it would still secure the network but be more appealing to a wider base of people (anyone with a computer)." " No distribution problem as Quark is done distributing. Current coins would earn stake in this hypothetical. Demurrage will destroy coins and under Freicoin, the coins destroyed are replaced through POW mining to roughly fix the supply. " For my preferred coin, demurrage which punishes you for not spending, in combination with staking which benefits those for holding (and secures the network) would be great. The reason why I think it would be great for Quark is that it would hurt the big inactive wallets on two fronts. 1) the demurrage for not spending and 2) they probably aren't leaving their wallets open and won't receive staked coins." The 3rd quote seems like a good idea what do you think? I will pm Max on this. Why do you have a problem with miners being rewarded?(Quark must be the least rewarding coin to mine as it is!) Freicoin is a failure, It is no fun watching your coins slowly disappear everytime you open your wallet! You want people to spend? Create products and services for them to buy! POS is not needed.I have no problem if the community doesnīt like the idea. This is just my contribution to a general discourse. But I think we should get the arguments straight. Therefore Iīd like to tackle some aruments used to reject demurrage: - "Freicoin is a failure": Still, it already exists for quite some time. One of the reasons they are still alive is that they have a community that has ties to peer groups who want to push the idea of freigeld in real life. Thatīs a plus many cryptocoins donīt have. Itīs simply unfair to say that it is a failure. - "It is no fun watching your coins slowly disappear everytime you open your wallet" As far as I see, they disappear only with transactions (which I consider to be a minus), but anyway. Even if the count of your Quark doesnīt diminish it changes value everyday. ALso, if you canīt buy anything with Quark they have no real but only speculative value. If it has real value, you can use your Quark without loss. You only lose if you use them to speculate. If Quark really wantīs to be the better money then it needs to mature from speculative currency to real currency, then demurrage wonīt be a problem at all. The question is, whether we want to go there and if yes, why it would be a problem if we reached the point. - "You want people to spend?" Thats not the point of demurrage. Demurrage is a mechanism that keeps people from accumulating money, so itīs not about pressing people to buy but about avoiding bubbles and currency instability. Even if the distribution of Quark isnīt as bad as people say, there is like with most, maybe all cryptocurrencies a huge disparity between small and fat wallets. Also, and even more important, because of the fact that you donīt know how many individuals control how many addresses (which is a good thing from a privacy point of view) there will always be a huge insecurity about whales. Whales who believe in Quark and are therefore not selling-off are good because they artificially level up itīs value but if they lose confidence they can easily cause a currency crisis with many small holders loosing a lot of their money. Actually it happened on small scale some time ago. This is worse than decounting 5% a year of the money you didnīt spend because you had no use for it. This is not a problem of Quark, it is a crypto problem in general and it will always be like this because cryptos are (fortunately) pseudonymous. I am also not saying that whales are in general a problem. To Quark they are currently more important than ever - but in the future we need measure that will lead to a better distribution because it will make the currency more stable, thus more interesting for real-life-users who donīt want to lose 20% of their value in a week. Again, demurrage is no punishment. It is a measure to make sure that a currency is used as what it is: an instrument and to prevent people from treating it as inherent value which it is not. P.S.: I agree that POS is not needed. In fact I believe it would have a negative effect on distribution, thus exchange rate stability.
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As someone suggested earlier, it was me killing Quarkbar by inviting to join the original Quark community
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maybe add function where you can change the wallet theme/background?
Yeah, that should be the best idea, so we donīt get stuck with one layout only.
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Why aren't you responding your PMs? I know that behaviour from other scams. They canīt explain it because it is a scam, so they act as if they would have explained it already. Stay away from this coin, clean your machines, save your wallets.
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Iīm not killing anything, are you mad? I am just informing people who are obviously interested in the specs of Quark about alternatives in case QBar kills itself. People can an will decide on their own where they spend their hashrate. Jesus.... You're shamelessly advertising another coin on a thread for a freshly launched coin, you're driving hashrate away from this coin and therefore killing it, if you want to take your hashrate elsewhere please do so, do not lead other people to follow straight the damn announcement thread, it's quite a dick move. Maybe you just get into the real Quark and support the community projects Lately, the community managed to finish a lot of important projects: - Trading on BTer, Cryptsy, Vault of Satoshi... - Promovideos in different languages (English, Russian, Chinese) - Paymentprocessor - Merchants adoption - QuarkLabs and many others... Quark is a community product with potential. United we are stronger. Thanks for the bump spam, now please leave. Why would I, I also mined QuarkBar. Whatīs your point? A good cryptocurrency or you making money? Seems to be the latter only.
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Maybe you just get into the real Quark and support the community projects Lately, the community managed to finish a lot of important projects: - Trading on BTer, Cryptsy, Vault of Satoshi... - Promovideos in different languages (English, Russian, Chinese) - Paymentprocessor - Merchants adoption - QuarkLabs and many others... Quark is a community product with potential. United we are stronger. Thanks for the bump spam, now please leave. Why would I, I also mined QuarkBar. Whatīs your point? A good cryptocurrency or you making money? Seems to be the latter only.
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Maybe you just get into the real Quark and support the community projects Lately, the community managed to finish a lot of important projects: - Trading on BTer, Cryptsy, Vault of Satoshi... - Promovideos in different languages (English, Russian, Chinese) - Paymentprocessor - Merchants adoption - QuarkLabs and many others... Quark is a community product with potential. United we are stronger.
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Donīt want to wave the Quark banner but you are contradicting yourself. On the one hand you say that cryptocurrencies canīt be undervalued on the other hand you call Quark a dead project - which is saying that it is overvalued/has 0 value. The whole cryptoscene is dominated by chit-chat and self-fulfilling prophecies and you are just another example like the guy who says that Quark is undervalued.
Beyond that it is not true that cryptocurrencies have no tangible assets. Cryptocurrencies do not exist in empty space, they have (or havenīt) infrastructure that supports their use. The value of Bitcoin e.g. is founded mostly on the network, of the exchanges that list it, the apps that were written for it, even this forum contributes to a sustainable value of Bitcoin. Same goes with every other Altcoin. If your coin is intended to pump and dump only, like Pandacoin, you have mostly anything but trade. But there are many coin - and Quark is one of them - where you can see people actually working for the coin and developing cool projects. This, of course, doesnīt mean that this will be reflected in the price shortterm, but it will long term.
Erm, so you're saying that this "infrastructure" is what's driving the price of Bitcoin?... LOL, if that was the case then the price of Bitcoin would be much lower than it is now... what with the ever present specter of a 51% attack hovering over this "infrastructure" you speak of. The first major Boom in the price of Bitcoin was brought about largely as a result of the Bank run in Cyprus - there may have been other catalysts, but overall it was that Bank run that took us to 1.2K. Since then, the market has been driven by speculation in it's most potent form. China makes a few redundant statements, the weak hands sell their coins = the price falls.... GOX wont release our coins? = the price falls.... Oh, Walmart is now accepting Bitcoin?? = to the moon!... Sadly, no one cares about the bitcoin "infrastructure".. And Quark is the most pathetic thing I've seen thus far... Dead in the waters! There are many pathetic things in the altcoin community, with coin hating being the most pathetic. You obviously didnt get the point of my argument. I didnt say that the price was driven by infrastructure, I said that infrastructure is a tangible asset which ensures a sustainable value. This value can be at a much lower rate as the current price but it will save those coins with infrastructure from disappearing after pump & dumps because there reasons to hold. With Quark many people invested in community projects and they are more likely to stick with the community then it is the case with coins where people just invested in the coin itself - see Pandacoin. What coins do you hold and why? To make money or to work for the prospect of a different financial order?
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Quark, Infinitecoin, Zetacoin and Topcoin have all or almost been completely mined.
..which is a problem for people who want to make fast profit by mining but not for user and community miner
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I dont agree here. Take Zetacoin too, It's inflationary form is rare in this market. By now only Quark and Zetacoin are inflationary in the Top30 i think.
Nobody would be mining all these other coins after they have reached their ceiling
I also think that Quark is very undervalued Quark isn't "undervalued".... In fact, no crypto currency can be "undervalued"... This isn't stocks and shares. They aren't attached to companies that have tangible / non-tangible assets. Literally the ONLY determining value in any crypto coin is the market itself.. Its current value is a reflection of how the market feels about the coin. If you were to ask me to invest in Quark, I'll ask you why? ...You'd then probably disgorge some over-enthusiastic rant about "intrinsic functionality"... I'd then tell you that, at this stage, no body cares about the "intrinsic functionality" of ANY coin.. Like it or not, people wan't to put in X amount of dollars and in two weeks cash out a XXX% return. Simples Quark is dead in the water if you ask me. Donīt want to wave the Quark banner but you are contradicting yourself. On the one hand you say that cryptocurrencies canīt be undervalued on the other hand you call Quark a dead project - which is saying that it is overvalued/has 0 value. The whole cryptoscene is dominated by chit-chat and self-fulfilling prophecies and you are just another example like the guy who says that Quark is undervalued. Beyond that it is not true that cryptocurrencies have no tangible assets. Cryptocurrencies do not exist in empty space, they have (or havenīt) infrastructure that supports their use. The value of Bitcoin e.g. is founded mostly on the network, of the exchanges that list it, the apps that were written for it, even this forum contributes to a sustainable value of Bitcoin. Same goes with every other Altcoin. If your coin is intended to pump and dump only, like Pandacoin, you have mostly anything but trade. But there are many coin - and Quark is one of them - where you can see people actually working for the coin and developing cool projects. This, of course, doesnīt mean that this will be reflected in the price shortterm, but it will long term.
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Let me know if you guys who know your stuff agree with me but the only altcoins listed I've seen which have actually tried to be different are: Anoncoin, Primecoin, Litecoin, Peercoin and maybe Worldcoin
The rest are coins which are either direct copy and paste jobs of Litecoin or they are aggressive pre-mines or centralised systems, I do think there are possible a couple of extra ones out there that have the potential to change their code though with the devs behind them.
Lol, "I hold the good coins, everything else is premine"
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Almost all of these altcoins don't need 2 pages. All they need is "cloned Bitcoin/Litecoin source, changed a few numbers".
Haha, same thought here.
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