Why is quark coin going below .00012?

[Dkulak]

Whats up with quark coin going down it was just at 17 and now its dipping below 12. Is it a good idea to invest now or look for another coin to invest in.

[iGotSpots]

My guess is the people pumping it ran out of money

[tokyoghetto]

Initial rush to buy QRK is pretty much over..if you believe in the coin buy some more on the way down. if not then dump and move on depends on if you are a 'trader" or an "investor"

[Coinsy]

Because it's overly mined.

[MessyCoin]

QRK was as low as 0.0000003 recently, and saw a much higher % gain than most of the others. A bit unpredictable where it will end up.

[zvs]

Because it's overly mined.

or because people that bought it at .00000050 feel like taking profits

[smoothie]

Pump and dump?

Now is the part of the DUMP.

[DeathAndTaxes]

First comes then p _ _ _ then comes the d _ _ _ _.

[roozifus]

After that crazy spike in price it's been hit with a lot of problems.

The block explorer has gone down twice and both times it was removed from coinmarketcap.

For whatever reason it was one of the most difficult coins to trade on cryptsy, just in terms of order fulfilment times, seems fixed now.

Assuming there are no other problems it's probably a great time to buy, it's a technically very interesting coin with great potential.

Some people don't like the timeframe in which the coin is (was) mined, personally I think that's irrelevant.

[nrhs05]

I agree on the irrelevancy of it.  In theory it would make sense that seeing as all the coins being mined already, then it would be more "stable" price wise to other cryptos if it actually were to be used. However the real test will be once it hits media/tv in the following weeks.  With dumps of 30+btc worth its hard to keep the price up lol.