[ANN] QRL - Announcing the Quantum Resistant Ledger

[UFCkid]

If we only valued projects based on ICO price, then Bancor & EOS must be awesome!  Perhaps the dev team of QRL decided they didn't need $25 million to bring their project to market and are allowing early investors to be rewarded for their faith in the team.  I only wish more projects would do this, not less.  To then say that QRL is overvalued because it is "x" times ICO price is lazy at best.  The question is, what upside potential does QRL have if they successfully launch MainNet and are proved to have the most secure crypto in this space in regards to quantum computing hacks.  If you think the answer to that question is #90 or lower on CMC, then by all means buy something else.  If you think the value of being quantum secure is a top 30 coin (or better) as many do, then today's prices are a worthy value play.

That was my thinking as well. I doubled my position today at near the low. Great post!

How do you know this was at the near low? QRL bounced a bit and is now back on its way down - for all you know it could be trading at half the current price in 6 hours or 24 hours.
All you did was take a gamble - all the best with that. You know there are btc casinos around here right - it's a much faster way to gamble.

[Stein]

If we only valued projects based on ICO price, then Bancor & EOS must be awesome!  Perhaps the dev team of QRL decided they didn't need $25 million to bring their project to market and are allowing early investors to be rewarded for their faith in the team.  I only wish more projects would do this, not less.  To then say that QRL is overvalued because it is "x" times ICO price is lazy at best.  The question is, what upside potential does QRL have if they successfully launch MainNet and are proved to have the most secure crypto in this space in regards to quantum computing hacks.  If you think the answer to that question is #90 or lower on CMC, then by all means buy something else.  If you think the value of being quantum secure is a top 30 coin (or better) as many do, then today's prices are a worthy value play.

That was my thinking as well. I doubled my position today at near the low. Great post!

How do you know this was at the near low? QRL bounced a bit and is now back on its way down - for all you know it could be trading at half the current price in 6 hours or 24 hours.
All you did was take a gamble - all the best with that. You know there are btc casinos around here right - it's a much faster way to gamble.

Yeap, and people said the same thing when BTC went from 400 to 300 in a week in November 2015 and 300 to 200 in August of the same year. Lot's of people jumped ship. Even more jumped ship in 2013.
Everything is down. If it was just QRL acting like this, then I'd probably have came to the same conclusion. My portfolio is pretty diversified and I have invested in projects that sound like they have a future.
Last Spring in 2016 I did the same. Waves took a HUGE dump HUGE!!! Now I am up 1000% even after this downturn. RISE even after going down 90% came back.. I'm not real worried. Crypto lives or it's all over for Crypto.
If Crypto goes up and QRL doesn't, well I still make money, although I don't think that will happen based on the response of the public when QRL hit Bittrex.

[Stein]

That was my thinking as well. I doubled my position today at near the low. Great post!

How do you know this was at the near low?

Because the low for the day was 14.8 sat. I bought at 15.6 sat. Thusly.. near the low..

[AT101ET]

If we only valued projects based on ICO price, then Bancor & EOS must be awesome!  Perhaps the dev team of QRL decided they didn't need $25 million to bring their project to market and are allowing early investors to be rewarded for their faith in the team.  I only wish more projects would do this, not less.  To then say that QRL is overvalued because it is "x" times ICO price is lazy at best.  The question is, what upside potential does QRL have if they successfully launch MainNet and are proved to have the most secure crypto in this space in regards to quantum computing hacks.  If you think the answer to that question is #90 or lower on CMC, then by all means buy something else.  If you think the value of being quantum secure is a top 30 coin (or better) as many do, then today's prices are a worthy value play.

That was my thinking as well. I doubled my position today at near the low. Great post!

How do you know this was at the near low? QRL bounced a bit and is now back on its way down - for all you know it could be trading at half the current price in 6 hours or 24 hours.
All you did was take a gamble - all the best with that. You know there are btc casinos around here right - it's a much faster way to gamble.

Not quite right. When you buy in on a roulette table and go all in on red, that's called gambling. You don't know what the outcome will be but you're taking a 50/50 chance that it will land on red.
QRL (as with all crypto) is a gamble. You hope that it will ultimately increase in price from the price you bought in at. However, you don't just buy any crypto hoping that it goes up. You choose your investments farefully. QRL has a lot of promise and is attempting to do something new. I think it has a lot of promise and when buying in there's a lot more to it than that.

[UFCkid]

If we only valued projects based on ICO price, then Bancor & EOS must be awesome!  Perhaps the dev team of QRL decided they didn't need $25 million to bring their project to market and are allowing early investors to be rewarded for their faith in the team.  I only wish more projects would do this, not less.  To then say that QRL is overvalued because it is "x" times ICO price is lazy at best.  The question is, what upside potential does QRL have if they successfully launch MainNet and are proved to have the most secure crypto in this space in regards to quantum computing hacks.  If you think the answer to that question is #90 or lower on CMC, then by all means buy something else.  If you think the value of being quantum secure is a top 30 coin (or better) as many do, then today's prices are a worthy value play.

That was my thinking as well. I doubled my position today at near the low. Great post!

How do you know this was at the near low? QRL bounced a bit and is now back on its way down - for all you know it could be trading at half the current price in 6 hours or 24 hours.
All you did was take a gamble - all the best with that. You know there are btc casinos around here right - it's a much faster way to gamble.

Not quite right. When you buy in on a roulette table and go all in on red, that's called gambling. You don't know what the outcome will be but you're taking a 50/50 chance that it will land on red.
QRL (as with all crypto) is a gamble. You hope that it will ultimately increase in price from the price you bought in at. However, you don't just buy any crypto hoping that it goes up. You choose your investments farefully. QRL has a lot of promise and is attempting to do something new. I think it has a lot of promise and when buying in there's a lot more to it than that.

Haha you are kidding right. Come on you are a smart guy, read again what you just wrote. The only promise you care about is how much money you are hoping this coin makes for you. If QRL solves a major world problem but there is no financial gain in it - you wouldn't care one bit.
The day the quantum age starts, i guarantee you there will be plenty of other things happening in the world because of it other than a mad rush to buy QRL as the safe haven.

If you buy this coin thinking you're doing anything other than gambling, you're delusional. This coin gets a massive thumbs down.

[Coinchange]

I think its an Interesting coin to hedge the quantum computing risk:

"Bitcoin and Blockchain guru Andreas Antonopoulos in a SoundCloud interview alluded to the fact that Bitcoin hashes are resistant to current quantum computers. Antonopoulos has also admitted that NSA already has quantum computers in place that are ten times more powerful and efficient than those Google’s, giving them the capability of breaking encryption systems. However, when recently asked whether he thought the NSA would use its quantum technology against Bitcoin, he responded that they would not."

[BlockHedge]

well i bought a modest sum, looks very interesting project. price is good too.

What was good about the price that made you decide to buy? I mean, it was $0.56 and right now is $0.36 -> doesn't seem too good to me.
At $0.56 it was 7x ICO, I never understand why people want to fill others pockets up like that. The price has been going in one direction only and its still 4x. I know people hope and pray for things to go up and they make bucket loads of money - but being blind doesn't make you buy good coins at good prices. This is neither a good coin nor a good price.

If we only valued projects based on ICO price, then Bancor & EOS must be awesome!  Perhaps the dev team of QRL decided they didn't need $25 million to bring their project to market and are allowing early investors to be rewarded for their faith in the team.  I only wish more projects would do this, not less.  To then say that QRL is overvalued because it is "x" times ICO price is lazy at best.  The question is, what upside potential does QRL have if they successfully launch MainNet and are proved to have the most secure crypto in this space in regards to quantum computing hacks.  If you think the answer to that question is #90 or lower on CMC, then by all means buy something else.  If you think the value of being quantum secure is a top 30 coin (or better) as many do, then today's prices are a worthy value play.

Thanks for responding with a well considered and thought through response - they are rare these days, especially when someone writes something that you don't agree with. I respect what you've said and how you've said it.

"... The question is, what upside potential does QRL have if they successfully launch MainNet and are proved to have the most secure crypto in this space in regards to quantum computing hacks..."

- That is a great question, and a correct question. But how do we answer that. Do we compare the potential value to other coins that are dubiously valued (overvalued) - your # 90 vs top 30 coin statement? Why compare to other coin values at all?
- If the upside potential to QRL successfully launching MainNet and are proved to have the most secure crypto in this space in regards to quantum computing hacks is HUGE - what does this mean exactly? The HUGE part may only be worth $1M. Why on earth is it worth $20M or $200M or $2B?

My point is that it is all speculating - and people are free to speculate all that they want - but too many people are getting in on the upswings or at ATH's - not the best form of speculating. For my part, i just don't get it.

Whether other crypto projects are overvalued or not is irrelevant to how I view QRL.  Let's say for example I own $10,000 worth of stocks.  I may very well take a $1,000 (10%) position in gold to offset my market risk.  It doesn't matter if the current PE ratio is 5 or 25, my gold hedge will react the same - with a negative correlation to the stock market assuming a black swan event.  This is how I view QRL - as both a hedge and as insurance.

So, therefore If I own $10,000 of crypto, and I want to diversify and protect against risk, what do I do?  I can't control government regulations or whales manipulating markets.  Those risks will always exist.  But the ultimate risk is quantum computing hacking (and thereby undermining the confidence of) the entire crypto space.  Once confidence is lost, it can take years or longer to be regained (assuming other cryptos adapt and become quantum resistant).  So if/when quantum hacking becomes an imminent risk, and hacks begin, and funds are lost, QRL will act with a negative correlation to all the other non-QP crypto.  So my crypto $10,000 might turn into $1,000 in a week, but my 10% QRL hedge position might go from $1,000 to $9,000 thereby netting me zero, but allowing me not to lose my shorts in the overall quantum hacking panic.  QRL is the hedge that any serious crypto believer ought to take seriously.  I believe investors are both smart and have a desire to protect their crypto investments to the greatest extent possible within their control.  And if others learn about QRL, and learn about the real quantum threats that currently exist and that are on the horizon, why would they not take a position in it?  What is the downside?  Being the first Quantum secure and most secure crypto is worthy of a top 30 coin (or better) from my foxhole.

[Thereisnospoon]

Hi there,can anyone tell what's ICO price of this project  in fiat or bitcoin and why it has been dumped?

[spaceinvader10]

Hi there,can anyone tell what's ICO price of this project  in fiat or bitcoin and why it has been dumped?

I think it was around 0.07 cents per qrl. Just weak hands leaving the scene.

[NutMasterTardd]

Hi there,can anyone tell what's ICO price of this project  in fiat or bitcoin and why it has been dumped?

Every alt has been dumped. ICO price was $0.08.

I just bought back in after watching for a month, this was the stable bittrex price before it pumped a while back, expecting it to stay at these levels for a while (a few weeks/month) before another pump IMO. Although I doubt we'll see stable over 50k for a long time, not before more project developments.

[abilger]

The only promise you care about is how much money you are hoping this coin makes for you. If QRL solves a major world problem but there is no financial gain in it - you wouldn't care one bit.

     
 
that is what we are here for, right?

[UFCkid]

well i bought a modest sum, looks very interesting project. price is good too.

What was good about the price that made you decide to buy? I mean, it was $0.56 and right now is $0.36 -> doesn't seem too good to me.
At $0.56 it was 7x ICO, I never understand why people want to fill others pockets up like that. The price has been going in one direction only and its still 4x. I know people hope and pray for things to go up and they make bucket loads of money - but being blind doesn't make you buy good coins at good prices. This is neither a good coin nor a good price.

If we only valued projects based on ICO price, then Bancor & EOS must be awesome!  Perhaps the dev team of QRL decided they didn't need $25 million to bring their project to market and are allowing early investors to be rewarded for their faith in the team.  I only wish more projects would do this, not less.  To then say that QRL is overvalued because it is "x" times ICO price is lazy at best.  The question is, what upside potential does QRL have if they successfully launch MainNet and are proved to have the most secure crypto in this space in regards to quantum computing hacks.  If you think the answer to that question is #90 or lower on CMC, then by all means buy something else.  If you think the value of being quantum secure is a top 30 coin (or better) as many do, then today's prices are a worthy value play.

Thanks for responding with a well considered and thought through response - they are rare these days, especially when someone writes something that you don't agree with. I respect what you've said and how you've said it.

"... The question is, what upside potential does QRL have if they successfully launch MainNet and are proved to have the most secure crypto in this space in regards to quantum computing hacks..."

- That is a great question, and a correct question. But how do we answer that. Do we compare the potential value to other coins that are dubiously valued (overvalued) - your # 90 vs top 30 coin statement? Why compare to other coin values at all?
- If the upside potential to QRL successfully launching MainNet and are proved to have the most secure crypto in this space in regards to quantum computing hacks is HUGE - what does this mean exactly? The HUGE part may only be worth $1M. Why on earth is it worth $20M or $200M or $2B?

My point is that it is all speculating - and people are free to speculate all that they want - but too many people are getting in on the upswings or at ATH's - not the best form of speculating. For my part, i just don't get it.

Whether other crypto projects are overvalued or not is irrelevant to how I view QRL.  Let's say for example I own $10,000 worth of stocks.  I may very well take a $1,000 (10%) position in gold to offset my market risk.  It doesn't matter if the current PE ratio is 5 or 25, my gold hedge will react the same - with a negative correlation to the stock market assuming a black swan event.  This is how I view QRL - as both a hedge and as insurance.

So, therefore If I own $10,000 of crypto, and I want to diversify and protect against risk, what do I do?  I can't control government regulations or whales manipulating markets.  Those risks will always exist.  But the ultimate risk is quantum computing hacking (and thereby undermining the confidence of) the entire crypto space.  Once confidence is lost, it can take years or longer to be regained (assuming other cryptos adapt and become quantum resistant).  So if/when quantum hacking becomes an imminent risk, and hacks begin, and funds are lost, QRL will act with a negative correlation to all the other non-QP crypto.  So my crypto $10,000 might turn into $1,000 in a week, but my 10% QRL hedge position might go from $1,000 to $9,000 thereby netting me zero, but allowing me not to lose my shorts in the overall quantum hacking panic.  QRL is the hedge that any serious crypto believer ought to take seriously.  I believe investors are both smart and have a desire to protect their crypto investments to the greatest extent possible within their control.  And if others learn about QRL, and learn about the real quantum threats that currently exist and that are on the horizon, why would they not take a position in it?  What is the downside?  Being the first Quantum secure and most secure crypto is worthy of a top 30 coin (or better) from my foxhole.

Ok, you've made good points and have a sound strategy. I think you'll do well. But you are in the top few % that has a clue, others around here make no sense at all.

[Brookss]

I bought a QRL of about 30-50k sitting and still saving at this time, big loss, and I am pessimistic with the next price, how do you all think? Was it delayed or sold

[z0n0]

I bought a QRL of about 30-50k sitting and still saving at this time, big loss, and I am pessimistic with the next price, how do you all think? Was it delayed or sold

You're not the only one mate, lets hope the team wakes up, it has been very quiet lately here.
I still do have big expectations with QRL.

[ccc2011]

I can't understand why some of you are worrying about the price right now?
Just wait and sit still!
I promise, you'll be much more satisfied by leaning back and not watching the price going up or down a few 10 cents every day.
If you wait a few months you'll be much more happy to have waited and hodled instead of making a quick 1000% profit with any shitcoin, which's profit you'll be wasting anyway on any other risky project if you're such in a need for quick money.

I invested 1000 Eur every week or so and am still buying every week because I am a longterm believer in this project.
When I see that it was just falling again, I buy,...asat.

I admit I don't fully understand the technical background of this coin, But forming some knowledge based on peoples opinion who do makes me think that this can be a goddamn champion of all cryptos. Even if we have to wait a few more months.

Buy now, take a big sleeping pill and wake up as holder of one of the most wanted cryptos. 

[BlockHedge]

I bought a QRL of about 30-50k sitting and still saving at this time, big loss, and I am pessimistic with the next price, how do you all think? Was it delayed or sold

You're not the only one mate, lets hope the team wakes up, it has been very quiet lately here.
I still do have big expectations with QRL.

The team is more active on Slack than here.  The QRL founder just did a podcast talk with ICO Alert that you can listen to here:

http://www.icoalert.com/podcast/why-youve-never-heard-of-qrl/

[wwzsocki]

Is still dropping. I will wait a little and see what happend with development.

[BlockHedge]

Is still dropping. I will wait a little and see what happend with development.

QRL seems to bounce off a 14k-15k floor.  It may hit there again if we are lucky but I'm not holding my breath on that.  Any buy between 16k - 17.5k seems decent.

[Noobty]

When other coins start developing qr tech what will give qrl a competitive advantage?

What else is qrl developing?
How will it leverage its tech to create value?

[df2k5]

scam team, Droplex, is blatantly copying the whitepaper and github codes from QRL.
Thanks to icocountdown from Medium posting this:
https://medium.com/@icocountdown/droplex-project-impersonation-warning-f3ace0c1ec31

They have the galls to raise 10K ETH for their PreICO that's going on right now.
Where to report these guys? And have them close up shop asap before more people getting scammed?