[ANN] [QRK] Quark | Core 0.10 upgrade

[gnode]

QUARK is going to get real close to litecoin's price.


Now is the last chance to get in at reasonable prices before the next big announcement and the run up.

Lol, right. 30$? Don't think so.

Yeah they said the same thing about LTC about a month ago. LOL!

[1713975445]

1713975445

[1713975445]

1713975445

[1713975445]

1713975445

[ImI]

QUARK is going to get real close to litecoin's price.


Now is the last chance to get in at reasonable prices before the next big announcement and the run up.

Lol, right. 30$? Don't think so.

Yeah they said the same thing about LTC about a month ago. LOL!

bullshit. LTC went from 2$ to 40$ and not from 0.20$ to 40$.

[georgem]

In my opinion, the incentive to mine will be that there are 1,000,000 new QRK to be mined each year. Because mining is done on regular computers (CPU only, ASIC proof), anyone can mine. And with a decent system, you can run it in the background without even noticing it's running. So, assuming Quark becomes something desired and with value, why wouldn't you set your computer to mine? It's free money. If too many people do it, the difficulty will get too high and some people will turn their miners off until the system finds its own equilibrium of return vs cost (electricity, etc).

I wonder how the difficulty of QRK will develop in 2014 and the next years.

Since we will always have a more or less fixed bounty of 1 million coins every year.... how will this be shared when more and more people start mining?
That's the difference with bitcoins... the bitcoiners DON'T have this fixed amount of coins to mine every year.... but instead always fewer and fewer coins...
and the harder they try the harder it will be to get new coins... hm..

I can imagine that pretty soon you can forget to believe that you can successfully mine with one core of your one cpu.
Instead we will see users with hundreds of cpus take away the big part of this million coins...

What will happen if the million coins will be mined before the year is over?
I am not sure how the difficulty of qrk will behave in the future.

Can someone elaborate on this?

[JuanHungLo]

Look guys, the total supply of Quark is over 10 TIMES that of LiteCoin.  That means that in order for QRK to reach prices equal to LTC, QRK would have to have a market cap of almost $8 BILLION.

Is anyone actually claiming that QRK is 100x bagger from today's level???

Based upon what?

[georgem]

QUARK is going to get real close to litecoin's price.


Now is the last chance to get in at reasonable prices before the next big announcement and the run up.

Lol, right. 30$? Don't think so.

Yeah they said the same thing about LTC about a month ago. LOL!

bullshit. LTC went from 2$ to 40$ and not from 0.20$ to 40$.

I agree, also there will always be approximately 10 times more QRK then LTC... that will probably be the rule to determine the price.
LTC:QRK = 10:1
But the real question is, if BTC:LTC is ok at 30:1 or if that should be 10:1 too...

I don't know if this makes even any sense, but if we think of cryptos as commodities, we should be able to apply a ratio, much like gold:silver with its historic ratio of 12:1

[georgem]

QUARK is going to get real close to litecoin's price.


Now is the last chance to get in at reasonable prices before the next big announcement and the run up.

Lol, right. 30$? Don't think so.

Yeah they said the same thing about LTC about a month ago. LOL!

bullshit. LTC went from 2$ to 40$ and not from 0.20$ to 40$.

I agree, also there will always be approximately 10 times more QRK then LTC... that will probably be the rule to determine the price.
LTC:QRK = 10:1
But the real question is, if BTC:LTC is ok at 30:1 or if that should be 10:1 too...

I don't know if this makes even any sense, but if we think of cryptos as commodities, we should be able to apply a ratio, much like gold:silver with its historic ratio of 12:1

Also it's not only the amount of coins that define the price of a crypto. It's also other specifics like security, adoption, etc..

Who knows what will happen... But that's why development of the community around a coin is so important.

Remember the long to-do-list that was posted in this thread a few days ago,.

[digitalindustry]

QUARK is going to get real close to litecoin's price.


Now is the last chance to get in at reasonable prices before the next big announcement and the run up.

Lol, right. 30$? Don't think so.

Yeah they said the same thing about LTC about a month ago. LOL!

bullshit. LTC went from 2$ to 40$ and not from 0.20$ to 40$.

I agree, also there will always be approximately 10 times more QRK then LTC... that will probably be the rule to determine the price.
LTC:QRK = 10:1
But the real question is, if BTC:LTC is ok at 30:1 or if that should be 10:1 too...

I don't know if this makes even any sense, but if we think of cryptos as commodities, we should be able to apply a ratio, much like gold:silver with its historic ratio of 12:1

Also it's not only the amount of coins that define the price of a crypto. It's also other specifics like security, adoption, etc..

Who knows what will happen... But that's why development of the community around a coin is so important.

Remember the long to-do-list that was posted in this thread a few days ago,.

because it is priced so low - that is making it a viral investment -  and not from traditional Crytpo investors - so quark is doing two things:

1. gaining a larger market than any other Crypto 

and

2. Sourcing it from a new market -

its the policy of inclusion -  as opposed to slimly mining and propping up a fake price then presenting and /or trying to push that off to others -

some totally new to Crypto got into Quark at under 3c !   actually lots    .

[NUFCrichard]

When I first started with quark (about 3 weeks ago) it was 24 quarks per cent.  Now it is about 21 cents per quark, about a 500fold increase.
I don't think Quark will reach Litecoins market cap, at least not anytime soon, but the alt world is a crazy world, so I wouldn't rule it out either.

[wizzardTim]

Quark to the moon!

Bill Still on Keiser Show on 19 December, Btc38 exchange on 9th i think!?

[KeyserSozeMC]

Quark to the moon!

Bill Still on Keiser Show on 19 December, Btc38 exchange on 9th i think!?

It was told for 13th ( BTC38 ) but it may take 1-2 days more. That means we've got more time to buy.

Today's 10th of Dec

[johncoin]

If the Chinese gets shopping spree, QRK can rise up very quickly and very high = more people from US and EU jumps into QRK train and the price gets up even more. So, go Chinese

[wizzardTim]

Quark to the moon!

Bill Still on Keiser Show on 19 December, Btc38 exchange on 9th i think!?

It was told for 13th ( BTC38 ) but it may take 1-2 days more. That means we've got more time to buy.

Today's 10th of Dec

It can go above $5 easily. All that within December. Keiser moved LTC from  $5 to $40+. Why not Quark?

[pabloangello]

Quark and WDC getting attention.

http://www.google.com/trends/explore#q=quarkcoin%2C%20worldcoin%2C%20primecoin%2C%20novacoin%2C%20peercoin&date=today%201-m&cmpt=q

[ImI]

Quark to the moon!

Bill Still on Keiser Show on 19 December, Btc38 exchange on 9th i think!?

as long as the exchanges arent able to handle big traffic the effect could be disappointing

[eindbaas]

http://www.qrk.cc
Is this the official quark website ? I want to download an offline wallet.

[JuanHungLo]

It seems like Cryptsy, for the moment at least, has got their pairing of buys and sells balanced.  But I am still watching this with caution.  There has definitely been confusion for some on that exchange due to mismatches.

[Neisklar]

Hi guys.

I'm not sure where is the "support" thread or forum for QRK, but it seems there is a bug it should be handled sooner than later.

The problem is sometimes transactions are not sent to the network, but for your local client seems they've been. So you spent some QRKs and you "lost" them from your wallet, but the transaction is never propagated thought the network nor included in any block.

If you try to check the transaction in a blockexplorer or using getrawtransaction (in a client properly configured to get and store all that information from blockchain) the transaction doesn't exist at all. If you check in your own client, you can see the transaction properly having 0 confirmations.

As there is no way to force the resend of the transaction, there is a huge problem when you want to deal with payments in an automatic mood... and a big problem when you're doing those by yourself, because to recover your funds, you need to: Dump your private keys, reinstall a fresh client, import private keys there, and redownload/rescan the blockchain in order to get your money available again.

Can anybody tell me who can be contacted about this issue in order to provide more information if needed?

TXID is ba07e12c1c58b57f26d1c983d564d448eb90cc8810d10c4e25aafe569ff332fd, but you won't be able to find it in the blockchain.

It was created with createrawtransaction [{"txid":"a305c35df688cfd15d8c1d78c6d679c3ba37883944755c35f2f7985b54dd7bf5","vout":1}] {"QhrNXCEN8iwhpzSkMy7J99BiqjKXPUTy83": 0.002, "QXoUVrqAitgrcTYvCZihjSCxE8gBfYSaSH": 0.9979}, properly signed and sended to the network.

Thanks in advance.

I cannot answer this all in perfect detail, but can give you some insight.

First of all, you don't need to do the whole reinstall stuff. You can run the wallet with the -salvage option.
This is somewhat compared to creating a new wallet, import all keys from the old in the new one and do a blockchain scan, without downloading the chain again.

Transactions need most of the time/often a transaction fee, if not, it is normally not processed and/or relayed by other nodes. But looking at your transaction i see you are already know that and have a fee of 0.0001 (input of 1.0, two outputs which add up to 0.9999).
I'm not sure about the needed amount for the fee, i think it is comparable to bitcoin.
Also the criteria to get a fee-free transaction are imho the same as in the bitcoin client (Inputs-age, TX-size, Value, ...)

 

[K1773R]

Hi guys.

I'm not sure where is the "support" thread or forum for QRK, but it seems there is a bug it should be handled sooner than later.

The problem is sometimes transactions are not sent to the network, but for your local client seems they've been. So you spent some QRKs and you "lost" them from your wallet, but the transaction is never propagated thought the network nor included in any block.

If you try to check the transaction in a blockexplorer or using getrawtransaction (in a client properly configured to get and store all that information from blockchain) the transaction doesn't exist at all. If you check in your own client, you can see the transaction properly having 0 confirmations.

As there is no way to force the resend of the transaction, there is a huge problem when you want to deal with payments in an automatic mood... and a big problem when you're doing those by yourself, because to recover your funds, you need to: Dump your private keys, reinstall a fresh client, import private keys there, and redownload/rescan the blockchain in order to get your money available again.

Can anybody tell me who can be contacted about this issue in order to provide more information if needed?

TXID is ba07e12c1c58b57f26d1c983d564d448eb90cc8810d10c4e25aafe569ff332fd, but you won't be able to find it in the blockchain.

It was created with createrawtransaction [{"txid":"a305c35df688cfd15d8c1d78c6d679c3ba37883944755c35f2f7985b54dd7bf5","vout":1}] {"QhrNXCEN8iwhpzSkMy7J99BiqjKXPUTy83": 0.002, "QXoUVrqAitgrcTYvCZihjSCxE8gBfYSaSH": 0.9979}, properly signed and sended to the network.

Thanks in advance.

I cannot answer this all in perfect detail, but can give you some insight.

First of all, you don't need to do the whole reinstall stuff. You can run the wallet with the -salvage option.
This is somewhat compared to creating a new wallet, import all keys from the old in the new one and do a blockchain scan, without downloading the chain again.

Transactions need most of the time/often a transaction fee, if not, it is normally not processed and/or relayed by other nodes. But looking at your transaction i see you are already know that and have a fee of 0.0001 (input of 1.0, two outputs which add up to 0.9999).
I'm not sure about the needed amount for the fee, i think it is comparable to bitcoin.
Also the criteria to get a fee-free transaction are imho the same as in the bitcoin client (Inputs-age, TX-size, Value, ...)

or he just waits a bit, transactions are broadcasted again, not just a single time!

[fennesz]

I posted this on reddit but maybe ill get more discussion here:


I've been wondering.. with the new price settling at around 0.00025, to what degree has the btc38 + keiser information been built into it?

These markets tend to be driven by information.. and if everybody already has the information about a couple of significant future events, then the price will tend to reflect that, leading to the events themselves not having much of an impact. We saw this with WDC - the price rose most sharply in anticipation of it being listed on btc38, yet once it was actually listed the price didn't move a whole lot.

Will a new flood of people really be brought in by the btc38 listing + the mentioning of QRK on the keiser report? Or have most of the people who were going to buy in already done so?

[amertak]

I posted this on reddit but maybe ill get more discussion here:


I've been wondering.. with the new price settling at around 0.00025, to what degree has the btc38 + keiser information been built into it?

These markets tend to be driven by information.. and if everybody already has the information about a couple of significant future events, then the price will tend to reflect that, leading to the events themselves not having much of an impact. We saw this with WDC - the price rose most sharply in anticipation of it being listed on btc38, yet once it was actually listed the price didn't move a whole lot.

Will a new flood of people really be brought in by the btc38 listing + the mentioning of QRK on the keiser report? Or have most of the people who were going to buy in already done so?

I dont see QRK listed on btc38 yet