The question is why people buy them since it is mined already for the most part or why people buy them anyway?
Well tell me first -- why people buy Bitcoins?
They buy bitcoins because it is the real thing. What quark or whatever it is called brings on top of bitcoin except some questionable speculation opportunity?
. It is slow, it is mostly held in the hands of a few, it is only respected since it was first. Release it today and nobody would bother mining it, infact it could not even be released today without adjustment. An average person can not mine it on their computer. BTC is top and will be for sometime, but not forever. Can quark exceed Bitcoins market cap? who knows but it would not shock me at all if quark and many others eventually dethrone BTC. It will be sad in kind of a sentimental way but myspace was exceed by facebook.
The stir and backlash from quark is bigger than i have seen before, this shows it has some big players worried. I can see qrk being number 3 rather soon actually.
You're asking yourself what the original brings over the clone. Rather unfair right?
The fact that the average person can't mine it on the computer argument.
It has failed on LTC. It will fail on quark also.
I'm not against the coin itself. I'm warning newbies against a getting rich scheme. Oh no shit! This is all that's fueling quak at this moment.
Look, just because something is first does NOT make it better, or stops it having to compete with later editions. A ferrari engine of today doesn't care that it could be called a clone of the first combustion engine. It is a better machine, it has improved upon the original. It is therefore more desirable, if it is more desirable then more demand for it right.
First is alway better because it was first is not correct.
That argument has not failed it is still going. I think it is bad that now unless you get the lastest asic with monster power you have no chance at mining a block. I mined 4 blocks of quark today on 2x i5 3570.
Quark is not over valued. Work it out against any other coin. Also factor in if you are using coinmarketcap that most of them have millions more coins to enter circulation.
Distribution has been done by the market and you cant get fairer than that. BTC is without question one of the least fairly distributed coin.
Yes having different algos is a very good thing, anyone who tries to down play this is talking rubbish.
Quark is it the best coin out there??? who can say, i like prime coin and i like the community behind ltc and a few others.
If you missed out on quark i'm sorry, however this is still the start lots of great ideas for coins are talked about everyday so keep reading and find the next coin that will catch people attention.
