What level of understanding do you have regarding any of the top 10 coins having the market cap they do?
Present the research that you have conducted for us to appraise so that we may share this insight. What justifies LTC , PPC, MEC , WDC their market cap? i am genuinely interested in this.
LTC and PPC had a time advantage and were innovative at the time in that they offered significant differences from BTC. MEC and WDC I can't really explain. Most other coins are just alternate takes on LTC/PPC/BTC with premines. Which is what I'm trying to figure out here. WHY are the other ones up there? You're basically asking the same question that I am.
It's a question of fundamentals really, what make a coin a winning coin is their very essential. Here's my own analysis:
1. BTC — Total innovation. First mover advantage. Deflationary. No secrets here.
2. LTC — Faster processing times and faster confirmations than Bitcoin. It will work when BTC transactions are too slow. Deflationary.
3. PPC — New algorithm that removed the 51% attack flaw that risks the entire BTC and LTC economy. Deflationary.
4. NMC — Proposes of a new decentralised DNS System. Potential of recreating the entire internet. Deflationary.
5. QRK — Security innovation: 9 hashing algorithms, 3 random. Blazing fast confirmations. Inflationary, 0.5% per year.
It's worth to mention that the inflationary character of QRK makes this a very unique coin in comparison to all above. QRK have not only solved the problem of previous coins but also innovated from the economics point-of-view, as it will allows it to be more naturally adopted as currency, while others coins work more like securities.
In my own opinion, QRK has positioned itself with a set of variables that makes the best crypt currency ever, even better than Bitcoin. The community working behind the coin is huge and when all of the work starts to flourish... Well, don't trust me, do your own investigation and maybe you'll reach the same conclusion.
All the above coins have strong community support, and either you believe it or not, that is the proof of the pudding. Think from the perspective of human labour alone, the amount of man hours that have been put into all of this coins is more than enough to justify their values. Now, with that said, what about other coins?
That's simple, those coins are going to thrive as long as they have a community working around it. When the people is gone, their value goes to zero.
Generally agree here. There are other factors and innovations of which most people would be unaware unless they had researched all the 200 or so alts. I researched every alt that was generated between March and October this year. I thought QRK had one of the best chances, and so far, its on track. Nobody can predict the outcomes, it's like Stock Tips, but worse.
The bottom line is: There is/will be a coin out there that will BETTER Bitcoin. Whether Quark will be it , only time will tell. If a VC investor buys Quark now, their downside is 25c. Their upside ? Guess.
