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Author Topic: [ANN] [QRK] Quark | Core 0.10 upgrade  (Read 1030278 times)
gnode
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December 26, 2013, 01:28:42 PM
 #4141

I've been thinking about the uniqueness of Quark's distribution.

All coins when first issued are raped and dumped by the botnets, etc. In fact no coin can overcome this relentless raping and dumping. All coins nearly die from it. Quark was no exception.

But now because of Quark's distribution, nearly all of its coins have been minted, there can be no more raping and dumping. There is no more constant downward pressure on the price. Now the price can increase with time.

I think that it is this natural price increase that is attractive to hedge fund investors and will result in Quark challenging litecoin's price of 0.025 btc.







What has this to do with the issuing of new coins?
Do you thing people trying to manipulate the price will go away once no more coins are issued?
People will stop dumping ? Why should they?

We know far too well that cryptos are used for 1% shopping and 99% trading right now.



The number of coins minted is very very small compared to the number that exist already. So if newly minted coins are dumped the price will not be affected.

Second, the "botnets" have better coins to mine and dump for profit thanks to the likes of Doge.

Third, big money will buy and hold (hoard) coins for investment purposes. By hoarding, the number of coins traded will decrease, driving up the price. The big money can hoard coins and not worry about millions of new coins minted daily like with Doge and other coins.

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btcprice
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December 26, 2013, 02:34:41 PM
 #4142

Anyone else seeing the runup in price on QRK? Any news from btc38.com? I don't see the coin listed there yet.
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December 26, 2013, 02:44:37 PM
 #4143

I've been thinking about the uniqueness of Quark's distribution.

All coins when first issued are raped and dumped by the botnets, etc. In fact no coin can overcome this relentless raping and dumping. All coins nearly die from it. Quark was no exception.

But now because of Quark's distribution, nearly all of its coins have been minted, there can be no more raping and dumping. There is no more constant downward pressure on the price. Now the price can increase with time.

I think that it is this natural price increase that is attractive to hedge fund investors and will result in Quark challenging litecoin's price of 0.025 btc.







What has this to do with the issuing of new coins?
Do you thing people trying to manipulate the price will go away once no more coins are issued?
People will stop dumping ? Why should they?

We know far too well that cryptos are used for 1% shopping and 99% trading right now.



The number of coins minted is very very small compared to the number that exist already. So if newly minted coins are dumped the price will not be affected.

Second, the "botnets" have better coins to mine and dump for profit thanks to the likes of Doge.

Third, big money will buy and hold (hoard) coins for investment purposes. By hoarding, the number of coins traded will decrease, driving up the price. The big money can hoard coins and not worry about millions of new coins minted daily like with Doge and other coins.



First.
It doesn't matter. There is no rule for new coins to be dumped. Old coins can be dumped too to manipulate price.
http://bitinfocharts.com/top-100-richest-quarkcoin-addresses.html
The first holds 5% of the total mined coins. When he's getting drunk in a Saturday night........

Second.
Botnets have only mined cpu coins. Usually botnets don't have the power to compete with scrypt farms or sha256 since the rise of the asics.
That's why the largest botnet stopped mining bitcoins , it wasn't profitable enough.

Third.
It may sound good in theory but hoarding to drive the price up makes people hold to their coins , using it less , driving merchants adoption away and driving the demand down. It's a double edge sword.
And how will the price increase if nobody sells? And why should anybody sell if nobody else sells?
Prisoners dilemma improved and more tricky.

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December 26, 2013, 02:46:38 PM
 #4144

Is there a website like blockchain.info with all the graphs?
If not , I'm interested in the hasrate evolution and number of transaction graphs. For a longer period , at least 1 month.

Anything like that?
not sure but qrk has one of the highest trading volumes on cryptsy and other sites

Transactions , not trade volume.
Two different things.

Reece523
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December 26, 2013, 02:46:50 PM
 #4145

QRK is up like 30% already -- it seems to be working!!
Coinpicker
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December 26, 2013, 02:54:45 PM
 #4146

It s going up because new btc38 news

https://bitcointalk.org/index.php?topic=385891.msg4152264#msg4152264
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December 26, 2013, 03:03:58 PM
 #4147

This is a good news!
btcprice
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December 26, 2013, 03:28:37 PM
 #4148

Is there a website like blockchain.info with all the graphs?
If not , I'm interested in the hasrate evolution and number of transaction graphs. For a longer period , at least 1 month.

Anything like that?
not sure but qrk has one of the highest trading volumes on cryptsy and other sites

Transactions , not trade volume.
Two different things.

I've been watching the trade volume on bter.com for a month now. The volume of the Sell Orders and Buy Orders was much higher than average.
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December 26, 2013, 06:32:58 PM
 #4149

I m getting the feeling some new coins are going to shine bigtime in 2014 including Quark and some already existing coins like terracoin/feathercoin/novacoin will not make it.
CoinMKT is delisting trc already and won't take too long before BTC-e will do the same and replaces it with newer and better coins
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December 26, 2013, 06:35:21 PM
 #4150

Is there a website like blockchain.info with all the graphs?
If not , I'm interested in the hasrate evolution and number of transaction graphs. For a longer period , at least 1 month.

Anything like that?
not sure but qrk has one of the highest trading volumes on cryptsy and other sites

Transactions , not trade volume.
Two different things.

I've been watching the trade volume on bter.com for a month now. The volume of the Sell Orders and Buy Orders was much higher than average.

As I said before , I was interested in transactions number/volume.Not volume on exchangers.
Coins moving from one address to another , from people to people.

gginer
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December 26, 2013, 06:57:33 PM
 #4151

Small screenshot of what I have:



As I said on first post, coding is done and I'm testing it. I'm waiting for my graphic designer to send me his work and adapt the code.

Again, I accept donations to the following QRK address:

Qh3kYHSFemmwbYVGRU5vbsdmrykHALnyiu

Until now I have one donation, total amount received: 81.90 QRK. Thanks to the anonymous donator!

More people donated. Total donation received until now: 1557,90 QRK. Thank you!
Probably tomorrow I will have the design. I will try to adapt the code to the design this weekend. Will keep you updated!

Energycoin - Save Energy, Pure POS (Free IPO).  eP14cFcoFzszt3CiiBMyir8kjKLFRqMqJ5
Netnox
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December 26, 2013, 08:08:32 PM
 #4152

Small screenshot of what I have:



As I said on first post, coding is done and I'm testing it. I'm waiting for my graphic designer to send me his work and adapt the code.

Again, I accept donations to the following QRK address:

Qh3kYHSFemmwbYVGRU5vbsdmrykHALnyiu

Until now I have one donation, total amount received: 81.90 QRK. Thanks to the anonymous donator!

More people donated. Total donation received until now: 1557,90 QRK. Thank you!
Probably tomorrow I will have the design. I will try to adapt the code to the design this weekend. Will keep you updated!

Lovely. Quarks project developments are skyrocketing lately
georgem
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December 26, 2013, 08:25:14 PM
 #4153

Small screenshot of what I have:



As I said on first post, coding is done and I'm testing it. I'm waiting for my graphic designer to send me his work and adapt the code.

Again, I accept donations to the following QRK address:

Qh3kYHSFemmwbYVGRU5vbsdmrykHALnyiu

Until now I have one donation, total amount received: 81.90 QRK. Thanks to the anonymous donator!

More people donated. Total donation received until now: 1557,90 QRK. Thank you!
Probably tomorrow I will have the design. I will try to adapt the code to the design this weekend. Will keep you updated!

Looks great so far.

But please explain how do plan on solving the usual problems of local coin markets?

how will your escrow plan work?

what kind of customer protection plans will you offer?

what kind of user valuation/rating system will you implement?


As you said your coding is finished, so I assume you have answers to my questions?

Netnox
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December 26, 2013, 08:36:30 PM
 #4154

Small screenshot of what I have:



As I said on first post, coding is done and I'm testing it. I'm waiting for my graphic designer to send me his work and adapt the code.

Again, I accept donations to the following QRK address:

Qh3kYHSFemmwbYVGRU5vbsdmrykHALnyiu

Until now I have one donation, total amount received: 81.90 QRK. Thanks to the anonymous donator!

More people donated. Total donation received until now: 1557,90 QRK. Thank you!
Probably tomorrow I will have the design. I will try to adapt the code to the design this weekend. Will keep you updated!

Looks great so far.

But please explain how do plan on solving the usual problems of local coin markets?

how will your escrow plan work?

what kind of customer protection plans will you offer?

what kind of user valuation/rating system will you implement?


As you said your coding is finished, so I assume you have answers to my questions?

Legit questions
Mjbmonetarymetals
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December 27, 2013, 03:50:29 AM
 #4155

Basic draft idea for the quark foundation originally posted on the quark forum

WillBit
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December 27, 2013, 03:55:56 AM
 #4156

http://i.imgur.com/aN7JTrt.png
http://i.imgur.com/KxxQD7n.png
dadon
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December 27, 2013, 06:27:19 AM
 #4157



THAT IS SICKENING, if that was my cat i would poke it's eyes out so it couldn't look at me

Privacy for the weak, Transparency for the powerful!          Particl.io       #DisruptEVERYTHING!
gginer
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December 27, 2013, 08:49:33 AM
 #4158

Small screenshot of what I have:



As I said on first post, coding is done and I'm testing it. I'm waiting for my graphic designer to send me his work and adapt the code.

Again, I accept donations to the following QRK address:

Qh3kYHSFemmwbYVGRU5vbsdmrykHALnyiu

Until now I have one donation, total amount received: 81.90 QRK. Thanks to the anonymous donator!

More people donated. Total donation received until now: 1557,90 QRK. Thank you!
Probably tomorrow I will have the design. I will try to adapt the code to the design this weekend. Will keep you updated!

Looks great so far.

But please explain how do plan on solving the usual problems of local coin markets?

how will your escrow plan work?

what kind of customer protection plans will you offer?

what kind of user valuation/rating system will you implement?


As you said your coding is finished, so I assume you have answers to my questions?

I have made everything as similar as localbitcoins as possible. They have been online for more than a year now and I'm convinced they have already thought about these questions.

The escrow will work with an auxiliary account where QRK to be traded will be desposited until seller receives payment. When seller receives the money, he will release them.
This is a protection plan for both sides, buyers will know seller has enough QRK to cover the transaction and auxiliary account will be locked until buyer receives money. Sellers can ask for buyers indentity with a built in document upload feature.
The rating system is custom coded, with two separated valuations for "buying" and "selling". Everyone will be able to see all ratings.

PD: one more donation last night. Total amount received: 1562,90 QRK

Energycoin - Save Energy, Pure POS (Free IPO).  eP14cFcoFzszt3CiiBMyir8kjKLFRqMqJ5
georgem
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December 27, 2013, 12:29:47 PM
 #4159

Small screenshot of what I have:



As I said on first post, coding is done and I'm testing it. I'm waiting for my graphic designer to send me his work and adapt the code.

Again, I accept donations to the following QRK address:

Qh3kYHSFemmwbYVGRU5vbsdmrykHALnyiu

Until now I have one donation, total amount received: 81.90 QRK. Thanks to the anonymous donator!

More people donated. Total donation received until now: 1557,90 QRK. Thank you!
Probably tomorrow I will have the design. I will try to adapt the code to the design this weekend. Will keep you updated!

Looks great so far.

But please explain how do plan on solving the usual problems of local coin markets?

how will your escrow plan work?

what kind of customer protection plans will you offer?

what kind of user valuation/rating system will you implement?


As you said your coding is finished, so I assume you have answers to my questions?

I have made everything as similar as localbitcoins as possible. They have been online for more than a year now and I'm convinced they have already thought about these questions.

The escrow will work with an auxiliary account where QRK to be traded will be desposited until seller receives payment. When seller receives the money, he will release them.
This is a protection plan for both sides, buyers will know seller has enough QRK to cover the transaction and auxiliary account will be locked until buyer receives money. Sellers can ask for buyers indentity with a built in document upload feature.
The rating system is custom coded, with two separated valuations for "buying" and "selling". Everyone will be able to see all ratings.

PD: one more donation last night. Total amount received: 1562,90 QRK

Great, send me a PM if you need a beta tester.
(I am the owner of localquark.com and will redirect to you, if everything works properly. I think there is no point in me creating my own localquark if your progress is very far already.)

gnode
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December 27, 2013, 12:42:29 PM
 #4160

We have all been wondering if there will be another coin that will surge in price like bitcoin and litecoin.

A lot of people have used the approach to mine and/or buy every coin because it is hard to be sure which Alt coin will turn out to be the next BIG ONE.

We now know!

It is Quark!

Quark has done something that no other coin has ever done. It increased in value by more than 1000x in less than 2 weeks. From 21 on Tuesday Nov 19 to 30000 on Sat Nov 30.

This huge increase is amazing.

How was it possible?

It is a result of the uniqueness of Quark's distribution.

All coins when first issued are raped and dumped by the botnets, farms etc. In fact no coin can overcome this relentless raping and dumping. All coins nearly die from it. Quark was no exception.

But because of Quark's distribution, nearly all of its coins have been minted, there can be no more raping and dumping. There is no more constant downward pressure on the price.

Now the price can increase with time without constraints. It is this natural price increase that is attractive to hedge fund investors and will result in Quark challenging litecoin's price of 0.025 btc and maybe even challenging bitcoin itself.

We have all wondered what will happen when a coin is fully mined. We now know. It is a price explosion!

I only hope that everybody got in on Quark before Nov 19. If not, it is not too late, there may be another factor of 1000x waiting in the wings. Big money is pouring into Quark!
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