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Author Topic: [ANN] [QRK] Quark | Core 0.10 upgrade  (Read 1030268 times)
dE_logics
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December 04, 2013, 03:52:17 PM
Last edit: December 04, 2013, 04:03:31 PM by dE_logics
 #2301

I like quarks. There are fast, secure and cpu only. Amd I like the logo.

But I have quick questions, too:

1. What was the reason for only 6 months in that 98% of all coins get minted? I my opinion it is no absolutely false accuse of premining. Never the less: You have the same with Novacoin, Feathercoin and many more, and they got really established.

2. Why should I buy quarks over securecoin?

thx


Stability in prices -- Cryptocurrencies are not commodities. It's designed to be spent and a medium to receive payments from. If a cryptocurrency is not that, it's basically a pump and dump scheme.
Actually if you see for a fair cryptocurrency which is not seen as an investment, there should be a little bit inflation, cause that way people will not hold on to it like investment; instead they'll use it to buy investments like shares and gold -- which is something to be seen as an investment.

Limited coins supply is not that good for stability, neither is long term mining of coins.
The lost coins will increase the prices (instability in prices -- not desired; this'll happen cause Bitcoins are more rare). People will continue to loose they same way they continue to loose data.

Coins with limited but long term supply by mining (like for 6 years or a above) will have deflation for a long time (till all coins have been mined). Will people wait for this much time for it's prices to stabilize? Or will they quit for their national currency? The prices will increase cause of it's popularity + lost coins, and decrease cause of mining activity; agreed these variables will stabilize it's prices for the decade while it's being mined, but there're just too many variables involved; it's like shares, there's a risk from what news comes about the cryptocurrency, and then there's the mining. If it's good news, mining will help stabilize prices, if it's bad then prices will crash faster than expected.
      
The currency should try to reduce the factors it's price depends on in the technical front so as to reduce the variables on which it's price depends on.
      
External factors will always vary the price of any cryptocurrency regardless of the technicals. External factors also includes initial demands of a new coin.

Limited mining/inflation is ideal.
Mining should not die; it should be done to recover from lost coins. After all coins have been mined (in a relatively short period of time), the coins made per unit time should be enough to maintain the prices.

2) If you quote this message, I'll analyze the coin and tell you.

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December 04, 2013, 03:55:17 PM
 #2302

QUARK IN REUTERS

http://www.reuters.com/article/2013/12/04/idUSnHUGdqhp+70+ONE20131204

THIS'S A SERIOUS ACHIEVEMENT!!

Yes, great news. Seems that there were insiders who knew about this promotion, they pressed prices and bought a lot at very low rate. And now...  Wink



SERIOUS ACHIEVEMENT

 lol its a paid ad
* Reuters is not responsible for the content in this press release

Humm... then that's not news actually.

Well I guess insider trading is always an issue everywhere. The stocks to cryptocurrencies. Nothing can be done to stop it.

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December 04, 2013, 04:42:43 PM
 #2303

Hey guys I just started a Quark pool and block explorer Smiley

http://quark.lowend.fm

http://block.lowend.fm

http://quark.freeforums.net/thread/281/quarkpool
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December 04, 2013, 04:50:30 PM
 #2304

QRK - http://online.wsj.com/article/HUG1747585.html?dsk=y
Bitcoin Alternative Quark (QRK) Increases In Value 500% In The Last Week
WSJ, sourced from MarketersMedia
Disclaimer: The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: MarketersMedia via Globenewswire

FRK - http://online.wsj.com/article/HUG1747586.html?dsk=y
Bitcoin Alternative Franko (FRK) Merchant Adoption Soaring - Value Increases Another 500%
WSJ, sourced from MarketersMedia
Disclaimer: The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: MarketersMedia via Globenewswire

DigitalCoin - http://online.wsj.com/article/HUG1747591.html?dsk=y
Transact at Five Times The Speed of Bitcoin With Popular Bitcoin Alternative DigitalCoin
WSJ, sourced from MarketersMedia
Disclaimer: The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: MarketersMedia via Globenewswire

Eww. As for QRK, first majority of coins to be mined in a 6 month period? Are you kidding? So pretty much you have a bunch of ball swinging bastards with a shitload of these coins playing kings at the whims of fools, and people who want to get rich quick, who say that Bitcoin is too expensive, and need an ASIC to mine with it. Hope QRK fails miserably and the speculators involved along with it.

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December 04, 2013, 04:59:05 PM
 #2305

QRK - http://online.wsj.com/article/HUG1747585.html?dsk=y
Bitcoin Alternative Quark (QRK) Increases In Value 500% In The Last Week
WSJ, sourced from MarketersMedia
Disclaimer: The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: MarketersMedia via Globenewswire

DigitalCoin - http://online.wsj.com/article/HUG1747591.html?dsk=y
Transact at Five Times The Speed of Bitcoin With Popular Bitcoin Alternative DigitalCoin
WSJ, sourced from MarketersMedia
Disclaimer: The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: MarketersMedia via Globenewswire

FRK - http://online.wsj.com/article/HUG1747586.html?dsk=y
Bitcoin Alternative Franko (FRK) Merchant Adoption Soaring - Value Increases Another 500%
WSJ, sourced from MarketersMedia
Disclaimer: The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: MarketersMedia via Globenewswire

Eww. As for QRK, first majority of coins to be mined in a 6 month period? Are you kidding? So pretty much you have a bunch of ball swinging bastards with a shitload of these coins playing kings at the whims of fools, and people who want to get rich quick, who say that Bitcoin is too expensive, and need an ASIC to mine with it. Hope QRK fails miserably and the speculators involved along with it.

The coin was designed to mine quickly.  No one stopped the community from participating in the early days.  And so what if it's held by a small group of people, this goes the same for BTC and LTC.  What matters is the coin's usefulness and whether the market will buy it pushing up it's market cap.  Think:  If a coin is held by 1000 early adopters, then once the market cap rises, you have 1000 people who want to cash out when they make their first million.  If a coin is held by just one person, then once the market cap rises, then that one person sells out his first million and is happy and hangs on to rest of his coins for the ride.  That's $1 billion vs $1 million of drag.  In this regard the coin that is in less hands at the beginning actually poses less of a drag on it's rise.  Just because someone is an early adopter of a coin, and they are hoping that the community adopts the coin as a medium of exchange, that doesn't make it a pump and dump.  If that's all it takes to be a "pump and dump" then all companies on the planet are all pump and dumps because they owners are hoping to make money.  Think "S" curve.  That is not a pump and dump.  Also if you look at the volume, millions of coins are being traded. Additionally, no one stopped anyone from buying into quark a few weeks ago when you could have bought 1/200th of the total outstanding for what, $5,000?  Try that with Bitcoin where at the same time you could have bought 1/2,400,000th of Bitcoin for the same price.
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December 04, 2013, 05:00:09 PM
 #2306

I like quarks. There are fast, secure and cpu only. Amd I like the logo.

But I have quick questions, too:

1. What was the reason for only 6 months in that 98% of all coins get minted? I my opinion it is no absolutely false accuse of premining. Never the less: You have the same with Novacoin, Feathercoin and many more, and they got really established.

2. Why should I buy quarks over securecoin?

thx


Stability in prices -- Cryptocurrencies are not commodities. It's designed to be spent and a medium to receive payments from. If a cryptocurrency is not that, it's basically a pump and dump scheme.
Actually if you see for a fair cryptocurrency which is not seen as an investment, there should be a little bit inflation, cause that way people will not hold on to it like investment; instead they'll use it to buy investments like shares and gold -- which is something to be seen as an investment.

Limited coins supply is not that good for stability, neither is long term mining of coins.
The lost coins will increase the prices (instability in prices -- not desired; this'll happen cause Bitcoins are more rare). People will continue to loose they same way they continue to loose data.

Coins with limited but long term supply by mining (like for 6 years or a above) will have deflation for a long time (till all coins have been mined). Will people wait for this much time for it's prices to stabilize? Or will they quit for their national currency? The prices will increase cause of it's popularity + lost coins, and decrease cause of mining activity; agreed these variables will stabilize it's prices for the decade while it's being mined, but there're just too many variables involved; it's like shares, there's a risk from what news comes about the cryptocurrency, and then there's the mining. If it's good news, mining will help stabilize prices, if it's bad then prices will crash faster than expected.
      
The currency should try to reduce the factors it's price depends on in the technical front so as to reduce the variables on which it's price depends on.
      
External factors will always vary the price of any cryptocurrency regardless of the technicals. External factors also includes initial demands of a new coin.

Limited mining/inflation is ideal.
Mining should not die; it should be done to recover from lost coins. After all coins have been mined (in a relatively short period of time), the coins made per unit time should be enough to maintain the prices.

2) If you quote this message, I'll analyze the coin and tell you.

Pretty informative thanks
Lauda
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December 04, 2013, 05:02:07 PM
 #2307

Dropped in value.

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December 04, 2013, 05:27:42 PM
 #2308

Dropped in value.
:/

{ BitSpill }
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December 04, 2013, 05:32:36 PM
 #2309

Dropped in value.

the term is consolidation. it was never going to spike like that and hold at the top...there was always going to be  profit taking, and i know you held a lot did you cash out?

I cashed out low and still annoyed at myself. However kept just a bit for a rainy day. Won't sell now until $1 min.

You can't imagine the coverage it will get in the coming days. Anyone with mild interest in crypto at all will now have quark placed infront of them.

Lauda
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December 04, 2013, 05:35:34 PM
 #2310

the term is consolidation. it was never going to spike like that and hold at the top...there was always going to be  profit taking, and i know you held a lot did you cash out?

I cashed out low and still annoyed at myself. However kept just a bit for a rainy day. Won't sell now until $1 min.
Yes I cashed out a while ago, and kept some just like you.

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December 04, 2013, 05:40:11 PM
 #2311

the term is consolidation. it was never going to spike like that and hold at the top...there was always going to be  profit taking, and i know you held a lot did you cash out?

I cashed out low and still annoyed at myself. However kept just a bit for a rainy day. Won't sell now until $1 min.
Yes I cashed out a while ago, and kept some just like you.

Yeah i have buys in at 12 i will try to get some more back, nothng like having the winning lottery ticket and giving it away Sad but i mean a couple of weeks ago who could have predicted max keiser would be talking about it? it's mad.

All the crying about it be mined so early means nothing, if you notice tons of miner sold it for nothing since it was undervalued for months just sitting there waiting to be scooped up for nothing.

I wonder why coin market cap removes qrk every couple of days? what is going on with that.

Lauda
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December 04, 2013, 05:42:55 PM
 #2312

Yeah i have buys in at 12 i will try to get some more back, nothng like having the winning lottery ticket and giving it away Sad but i mean a couple of weeks ago who could have predicted max keiser would be talking about it? it's mad.

All the crying about it be mined so early means nothing, if you notice tons of miner sold it for nothing since it was undervalued for months just sitting there waiting to be scooped up for nothing.

I wonder why coin market cap removes qrk every couple of days? what is going on with that.
People do not realize that in 6 - 12 months, we would be the early miners, so they should just stop complaining about this.
Same thing happens with every coin that one misses, but you can't blame the coin for your lack of research?

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December 04, 2013, 05:46:58 PM
 #2313

Some are just whining too much, every coin goes through the same damn early adopters process, on a side note hundred thousands of dollars are ready to buy ark at 10(shows the huge interest), I'm going to buy a lot at that price also, haven't put an order yet. It won't go lower than 10. All these whiners have invested in another coin and want to satisfy themselves with bashing another coin, its like a defends mechanism, but they will kick themselves for being so selfish. Just look at the 6000+ subscribers on the forum and Reddit has been seeing nice gains in subscribers also. The infrastructure is also very important, i suggest help a hand if you can.
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December 04, 2013, 05:52:50 PM
 #2314

I wonder why coin market cap removes qrk every couple of days? what is going on with that.
There were problems with block explorers and coinmarketcap needs to get current info about coin several times during day. That's why.
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December 04, 2013, 05:56:01 PM
 #2315

Yeah i have buys in at 12 i will try to get some more back, nothng like having the winning lottery ticket and giving it away Sad but i mean a couple of weeks ago who could have predicted max keiser would be talking about it? it's mad.

All the crying about it be mined so early means nothing, if you notice tons of miner sold it for nothing since it was undervalued for months just sitting there waiting to be scooped up for nothing.

I wonder why coin market cap removes qrk every couple of days? what is going on with that.
People do not realize that in 6 - 12 months, we would be the early miners, so they should just stop complaining about this.
Same thing happens with every coin that one misses, but you can't blame the coin for your lack of research?

I totally agree. The whining about btc being 70% owned by 50 people seems far more concerning.

Quark was on sale for 37-200 ages, many people hold some quark now. I see the price halving from peak even more healthy allows more on the train. Qrk is big news now don't expect for 100's again, be thankful you get in the early 1000's  before it evolves to the next level. I don't think people are quite understanding the gravity of QRK at this point. I am far from wealthy but even at 1300 i am trying to snag a bit here and there because there are too many influential people interested in it now for it to ever go away again.

I saw it sitting there are 37- 100 for months and in the end sold some .....for me it will be like the bitcoin pizza shit i'm sure, and i always felt kind of sorry for that guy....although he probably has billions now anyway.

If you have 5-10k worth of qrk right now i can see why people want to sell ..that is quite a chunk to many. However they will cry later when that seems like cents compared to what they would have been worth had they held on to it.


If you really had 500k of it right now, you could be VERY rich this time next year. I doubt many people hold that much although i saw buy orders for 60BTC thrown in on the way up, that was some serious chunks being stored away. People with that much BTC don't throw it away these days.

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December 04, 2013, 06:02:10 PM
 #2316

Quote
If you really had 500k of it right now, you could be VERY rich this time next year. I doubt many people hold that much although i saw buy orders for 60BTC thrown in on the way up, that was some serious chunks being stored away. People with that much BTC don't throw it away these days.

You might be interested in this post I just made. The thread kind of got buried in the tsunami of new threads.

https://bitcointalk.org/index.php?topic=357397.0
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December 04, 2013, 06:12:49 PM
 #2317

Quote
If you really had 500k of it right now, you could be VERY rich this time next year. I doubt many people hold that much although i saw buy orders for 60BTC thrown in on the way up, that was some serious chunks being stored away. People with that much BTC don't throw it away these days.

You might be interested in this post I just made. The thread kind of got buried in the tsunami of new threads.

https://bitcointalk.org/index.php?topic=357397.0


Yes i did read it actually that is why i think that figure of 500k stuck in my mind....

I don't doubt that a few people could have that much,....if someone just invest 1btc at 37 they would be a whale now.  Thats the thing, it was free for everyone to buy. Qrk is no different from anything else it had merit, people ignored it now they are pissed they didnt buy some.

It's like share allocation, you don't buy at the start you dont get them for the starting price. Where are my apple shares? What all traded out on early days. Fuck that what a scam why can't i get them now for that same price, why were they all sold on the first day, why should the people that bought early have those cheap shares. Now i have to buy them for the market rate....boo scam.

There will be more opportunities, it's just good to see some cryptos getting media attention from some very well known and respected people in the media. They will not be pumping this as a get rich scheme this is a new world commodity/currency in the making.

I think pos will be included soon, the dev team has gone off to do something you can be sure.

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December 04, 2013, 06:18:18 PM
 #2318

the term is consolidation. it was never going to spike like that and hold at the top...there was always going to be  profit taking, and i know you held a lot did you cash out?

I cashed out low and still annoyed at myself. However kept just a bit for a rainy day. Won't sell now until $1 min.
Yes I cashed out a while ago, and kept some just like you.

I have 0 quarkcoins now, I got rid of 1500000 at .00002000 or whatever.  Before the second jump.

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December 04, 2013, 06:53:11 PM
 #2319

the term is consolidation. it was never going to spike like that and hold at the top...there was always going to be  profit taking, and i know you held a lot did you cash out?

I cashed out low and still annoyed at myself. However kept just a bit for a rainy day. Won't sell now until $1 min.
Yes I cashed out a while ago, and kept some just like you.

I have 0 quarkcoins now, I got rid of 1500000 at .00002000 or whatever.  Before the second jump.

buy back in - i would , i did !

i never sold -

- Twitter @Kolin_Quark
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December 04, 2013, 07:11:01 PM
 #2320

the term is consolidation. it was never going to spike like that and hold at the top...there was always going to be  profit taking, and i know you held a lot did you cash out?

I cashed out low and still annoyed at myself. However kept just a bit for a rainy day. Won't sell now until $1 min.
Yes I cashed out a while ago, and kept some just like you.

I have 0 quarkcoins now, I got rid of 1500000 at .00002000 or whatever.  Before the second jump.

buy back in - i would , i did !

i never sold -
Im selling nothing till it will reach $1. Even then I will not sell much. It is still time to buy. Rumor about bitcoin and altcoins is in the start phase of viral right now.
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