Quark is instamined and now coin #4

[laowai80]

Well at least it's 6 now and going quaking...
Another heavily  marketed clone with no purpose.

let me guess, you're 100% in bitcoins, correct? )

[niothor]

Well at least it's 6 now and going quaking...
Another heavily  marketed clone with no purpose.

let me guess, you're 100% in bitcoins, correct? )

Depends of what you refer that 100%
If it's about my cryptos it's about 95%. I do have some ltc I haven't withdraw/sold  from btc-e

And , what to you expected , owning kermits?

[laowai80]

Depends of what you refer that 100%
If it's about my cryptos it's about 95%. I do have some ltc I haven't withdraw/sold  from btc-e

That's what I mostly thought, but you surprised me with those 5% LTCs.

[niothor]

Depends of what you refer that 100%
If it's about my cryptos it's about 95%. I do have some ltc I haven't withdraw/sold  from btc-e

That's what I mostly thought, but you surprised me with those 5% LTCs.

The dpr episode , bitcoin was back on track and ltc didn't move for almost an hour.
Guessing that's a clone will do what a clone should do , I bought some.
Well , the clone did just like it's master , but with a delay.

[laowai80]

The dpr episode , bitcoin was back on track and ltc didn't move for almost an hour.
Guessing that's a clone will do what a clone should do , I bought some.
Well , the clone did just like it's master , but with a delay.

My surprise was premature

[PenAndPaper]

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?

[niothor]

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?

He's comparing kermitcoin with Bitcoin! He'a a total quako!

[duuuuude]

my question, what do you all want, the developer to give everyone in the world a certian amount of coins in the begining, not even close to how a captalist markets work. You find and opportunity then you take advantage of it, That is business, i can see people are sad about not being on some type of magic money ride. All you do with those words is show people you are not even close to ready for trading and investing.  This was brought up before, do you think apple and google were "premined" because you didnt get some of the action. Many of these commnents are the exact same from bitcoin, and litecoin. I guess everyone saying it about quark means its has finally Arrived.

[cryptohunter]

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?

Ask yourself rather what bitcoin brings over quark and you will answer NOTHING. 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.

[MrMirkin]

So if this coin is premined by %90 already, how are the transactions processed?  Is it each wallet acting as a node? 

[niothor]

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?

Ask yourself rather what bitcoin brings over quark and you will answer NOTHING. 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.

[cryptohunter]

So if this coin is premined by %90 already, how are the transactions processed?  Is it each wallet acting as a node? 

It not premined. Premined means it was mined by the dev before release. Lots of people are mining it and will continue to do so as the price rises. Also they are talking about using pos like cgb and android.

[cryptohunter]

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?

Ask yourself rather what bitcoin brings over quark and you will answer NOTHING. 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.

[PenAndPaper]

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?

Ask yourself rather what bitcoin brings over quark and you will answer NOTHING. 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 are joking right? Every alt coin out there waits for bitcoin and its developers to solve any possible and impossible issue that has to do with scalability, bugs or whatever.
Also they expect from the community to open the road in terms of mainstream acceptance, regulation etc.

If bitcoin somehow shuts down then there will be no alt coin whatsoever.

[niothor]

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.

OK.
What is improved in quak coin over bitcoin ? . Facts please.

Let me see if you have at least researched it , how does it protect itself from a botnet ?

Bitcoin hasn't yet been distributed , only 50% and you talk about fair distribution with 90% of coins gone ))) ?

[niothor]

And another thing , why did the price on quak coin go down today ?
The china news mentioned Bitcoin , no crypto , not LTC , no Quak?
Why did the clone follow it's master i ask:)

[laowai80]

You are joking right? Every alt coin out there waits for bitcoin and its developers to solve any possible and impossible issue that has to do with scalability, bugs or whatever.
Also they expect from the community to open the road in terms of mainstream acceptance, regulation etc.

If bitcoin somehow shuts down then there will be no alt coin whatsoever.

Well, no.

For example, NXT has a different concept than all the other alt-coins, you don't even need a wallet with NXT, so it's much different from all other alt-coins and bitcoin.

If bitcoin shuts down, it depends what causes that shut down, there can be different scenarios.
If bitcoin shuts down due to bitcoin's specific problem, other alt-coins have a high chance to survive, and why not actually? It's all experimental now, if one experiment fails, even if it's the first and most tested one, technology will move on.

In that respect it's wise to diversify into other coins, which are different from each other, not just hold one and pray it's safe and nothing happens to it. If you just hold one and pray it's ok, that's called religion, and religion in investing is not a good thing.