+1 guys, my thoughts exactly. The altcoin forums on Bitcointalk have become the new 4chan, otherwise known as the "asshole of the Internet". I've been on these forums since 2011 and the FUD, scams, sock puppets and crapcoin launches have truly hit epic proportions.
I'm doing exactly what Kevin Rose said he's doing and that is locking my portfolio down in cold storage. I have no doubt that ALL good cryptos are going to skyrocket this year and Quark is definitely going to be one of them.
The same shit is going on in the gold and silver markets - those who are in the know are shaking out the weak hands. Don't be one of them. Years from now when you look back on this time you can either look back in regret, or look back and smile knowing that the patience and discipline you showed when younger made you a wealthy man.
Yes, the market is trying to sort through all the wannabe alt-coins at the moment that have been dumped on the market. Everyone looking to make a quick buck. Literally 100's of coins have been created in the past few months. Most coins these days are just scrypt clones, change the numbers around and BAM new coin! Slap a new logo, premine, and you're good to go... zero innovation with nothing to add.
Look at all the scrypt coins listed here, and that's not all of them:
https://cryptocointalk.com/forum/178-scrypt-cryptocoins/With Quark, unique & secure algo and a new distribution model with most centralized mining out of the picture. It has a good shot. Of course, where there is much reward, there is always much risk...
At the moment the best strategy I see is, mine at a profit-switching pool like multipool/middlecoin, then dump these alt-coins to buy BTC/LTC/ & QRK
Lol guys, do I have to remind you that
Quark is a copycoin ?
Wake up, we are in 2014. PoW is dead. Mining is dead. If you invest in any of these copycoin you are a fool.
The 2nd gen of cryptocurrency is 100% PoS and add innovates features like :
brand new software (not the fucking BitcoinQt)
routable through Tor and I2P
Decentralized Alias System / DNS
DDoS Protection
Transparent Mining
Arbitrary Messaging
Instant Transactions
Decentralized Marketplace / Auction
Distributed Storage
Multi-signatures
Blockchain Shrinking
Two-phase Payments
Voting System
Reputation System
Decentralized Mixing Service
Distributed Computing
Smart Contracts
Distributed Computing
Hardware Wallets
...
Does Quark have or plan to include any of these ? No.
Quark is one of the hundred of mine&dump coin. So mine it, dump it and let it die.