Bitcoin Forum
June 27, 2024, 08:21:57 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 [7]  All
  Print  
Author Topic: Here is why QUARK is so hot, so expensive? Read it and think?  (Read 7449 times)
dowsey14
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
February 05, 2014, 10:32:08 AM
 #121

One cryptocurrency expert advises that one of the new virtual currencies with a stable inflationary curve will be the new Bitcoin.

So, that rules out SecureCoin, which uses a similar encryption approach to Quarkcoin, yet has the same deflationary curve as Bitcoin. So it's just cloning bitcoin, whereas Quarkcoin is doing something different. This means that Quarkcoin will be likely the chosen one...and unless any other coin can get out there before so, then it will eventually become one of the top 3 coins.

Quarkcoin currently has a pretty low mining reward, less than 20 US cents. But can you not say that about other coins? You could have said that about Bitcoin before it's price exploded exponentially, where it went from 1000 BTC to 1 USD, which is where BTC used to be. A successfully mined BTC block yielded 50 BTC which was about 5 US cents, when the price of 1 BTC was 0.001 USD.

I'd suggest going by the market curve, that QRK has the potential to hit about $70-140 per QRK. Like Bitcoin, this could take years to come to pass, but if QRK survives, this is a distinct possibility.

And if Bitcoin market cap goes to $1,000,000,000,000 then QRK will almost certainly hit that price, at least $70, and possibly much higher.
Iter
Member
**
Offline Offline

Activity: 81
Merit: 10


View Profile
February 05, 2014, 01:44:39 PM
 #122

Quark will NEVER reach its previous ATH.

VTC > LTC
dowsey14
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
February 11, 2014, 07:11:58 AM
 #123

Quark will NEVER reach its previous ATH.

You sure about that?

I remember when Litecoin was going up and down like a yo-yo before settling at around 5 cents, but it went as high as 8 cents, before shifting down. A lot were saying that Litecoin would never amount to anything. They were wrong. It went to $40+. Funny that bitcoin was a fraction of a cent, then skyrocketed to well past $1000 in just a few short years.

Never assume anything. It's a mistake we've all made at some point, and some of us are kicking ourselves...like those who assumed bitcoin was just a joke back in 2010 and didn't bother buying a bundle of say 10,000 when they were going cheap as shit. If anyone had bought 10k BTC back then and kept it without selling out, today they'd be multimillionaires. Like those who thought Litecoin was a joke in 2012. If they'd bought a bunch (ie, 100,000) for a measly $5k they'd be multimillionaires right now too Wink But they didn't. They made assumptions to the effect that bitcoin and litecoin were a joke. Just like people are making assumptions about Quarkcoin. Those who dismissed bitcoin and litecoin were proven wrong in spades. Those who are dismissing Quarkcoin may be proven wrong too...give it time. We'll eventually find out one day...
dadon
Legendary
*
Offline Offline

Activity: 1190
Merit: 1002


Pecvniate obedivnt omnia.


View Profile WWW
February 11, 2014, 07:28:07 AM
 #124

DOGE will surpass the QRK.  Many 4x (4 TIMES) the DISTRIBUTION of QRK... and its all about the distribution right?  I mean that's what you guys said.  If its that good for QRK, that means its gonna be 4 times more awesomer for the shibe doges!

The great Shibe doge has 4x the DISTRIBUTION and will pick up way more media coverage (Leno so wow, Keiser not A-list)

big market cap        many coin       so better
L..O..L
Pages: « 1 2 3 4 5 6 [7]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!