BTCITA187
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June 07, 2018, 08:55:14 AM |
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the problem about this cases just , we know , Quark currently only 3.61% of the total supply of QKC tokens in circulation. so that mean , about next month,more token will be added to the circulation supply. and , i worried about the price, still strong or what.
I think this is kind of speculation if only about 4% in total supply. I think team try to sell on high and that's why we saw so low volume now. Price went down from 0.32 $ to 0.18$ just for one day. That's only a short term hype coin. Zilliqa has done more than 30x from the ico price after it being listed on the major exchange site just like binance and remember it's not paying a lot of money to the binance to listed zilliqa instantly. Qkc is a shitcoin and zilliqa is a very good coin that used sharding protocol. Yes totally agree with you. Zilliqa has great idea and very professional team. They did not want to manipulate with their coin. It was happen because a lot of people saw a potential of this coin and QKC did hype in purpose. They want to manipulate with price, they don't have proper idea, this is "no name" team that did a good job with manipulation. This project(QKC) it's just for make money, nothing more.
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LazyBitInvestor
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Activity: 350
Merit: 101
Your professional profile on the blockchain
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June 07, 2018, 09:05:07 AM |
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You should remember facts that Ziliqa`s supply was 50% (after ICO) but QuarkChain has only 4% now. Every month, QKC will be unlocking +4%, this means that price will be dropped with high probability.
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malibubaby
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June 07, 2018, 09:14:19 AM |
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For now, this is too risky to enter at this price. Any time it is posible to get dump by the investors because of this x10 from the ico price. 3.6% of the total supply is in circulating now, right? And every month it will increase the supply. I saw dump and dump in the coming month.
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Apened (OP)
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June 07, 2018, 11:26:26 AM |
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the problem about this cases just , we know , Quark currently only 3.61% of the total supply of QKC tokens in circulation. so that mean , about next month,more token will be added to the circulation supply. and , i worried about the price, still strong or what.
I think this is kind of speculation if only about 4% in total supply. I think team try to sell on high and that's why we saw so low volume now. Price went down from 0.32 $ to 0.18$ just for one day. That's only a short term hype coin. Zilliqa has done more than 30x from the ico price after it being listed on the major exchange site just like binance and remember it's not paying a lot of money to the binance to listed zilliqa instantly. Qkc is a shitcoin and zilliqa is a very good coin that used sharding protocol. Yes totally agree with you. Zilliqa has great idea and very professional team. They did not want to manipulate with their coin. It was happen because a lot of people saw a potential of this coin and QKC did hype in purpose. They want to manipulate with price, they don't have proper idea, this is "no name" team that did a good job with manipulation. This project(QKC) it's just for make money, nothing more. Thank you for your insight, honestly i like the quarkchain project however it pissed me off when this happens that they are so much greedy and this comes through the observations of other traders. You should remember facts that Ziliqa`s supply was 50% (after ICO) but QuarkChain has only 4% now. Every month, QKC will be unlocking +4%, this means that price will be dropped with high probability.
Yes i know it i will watch every month what will happen on the price after unlocking it.
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Raja_MBZ
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June 07, 2018, 12:05:55 PM |
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This is how the circulating supply is going to increase in upcoming months: It's going to increase too much, no doubt about that, however, do you really think that the fear of 4th July dump will keep it down this whole June? I don't think that's going to happen. Right now, there's no dumping power, all those who participated in public ICO have already dumped their coins, while next batch of coins will be unlocked "after 4th July", that fear of 4th July is not going to keep the price down for more than a month. Let's see where it goes, I'm expecting an upward movement now:
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spencer13
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June 07, 2018, 12:31:49 PM |
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hype is never the same as potential, while qc is good, many other coins out there far surpass it, thus, its low price may not be come like ziliqa
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Apened (OP)
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June 07, 2018, 01:05:18 PM |
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This is how the circulating supply is going to increase in upcoming months: It's going to increase too much, no doubt about that, however, do you really think that the fear of 4th July dump will keep it down this whole June? I don't think that's going to happen. Right now, there's no dumping power, all those who participated in public ICO have already dumped their coins, while next batch of coins will be unlocked "after 4th July", that fear of 4th July is not going to keep the price down for more than a month. Let's see where it goes, I'm expecting an upward movement now: Thanks for this, I am also watching for the breakout after this 1 days dumping and it will not always dumping for the whole time i am more thinking that just like other coins now which had a slow movement because of bitcoins. Well, let's see if this trend will lead in an uptrend movement. You have a good trading skills and analytical when it come to making a plot of this trades. That's great thanks for sharing your thoughts.
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Crypto_lion
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NEW MEDICINE:Faster, Safer, Smarter
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June 07, 2018, 01:31:39 PM |
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Is there any truth in the rumors that they don't really have innovate anything but just have copied zilliqa's technology and came up with a ico full of hype ? Which would you prefer out of the two ?
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Poink
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June 07, 2018, 01:43:18 PM |
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Is there any truth in the rumors that they don't really have innovate anything but just have copied zilliqa's technology and came up with a ico full of hype ? Which would you prefer out of the two ?
I have neither of them but ZIL is next in my buy list. Better yet just buy ONT. LOL
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Raja_MBZ
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Activity: 1862
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June 07, 2018, 01:52:50 PM |
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Is there any truth in the rumors that they don't really have innovate anything but just have copied zilliqa's technology and came up with a ico full of hype ? Which would you prefer out of the two ?
-No one has copied anyone. -Both will remain competitors, with TPS being each other's main focus. -100000+ TPS is Quarkchain's aim, if they actually succeed in securing that number of TPS, it'll be a huge success.
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LaLegiste
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Merit: 100
https://eloncity.io/
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June 07, 2018, 02:39:02 PM |
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My biggest regret is losing lottery to take part in this ICO. But i don't like this marketing move with instant listings and the situation with supply. All together it makes me think the team is more concetrated on making easy money by market manipulations than on hard working on the project.
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Vispilio
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Merit: 1632
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June 07, 2018, 03:03:32 PM |
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Quarkchain is being compared to Ziliqa, but not in a positive way and more as a warning flag. QKC seems to have copied sharding from Ziliqa after the latter's tremendous success,
and some people already consider it as a possible scam by an unknown team because they listed on multiple exchanges on very low supply of their coin, in a probable attempt
to pump up the prices fast to then offload the remaining coins at exponentially greater value than ICO prices... So be careful about QKC until the team prove themselves as
strong professionals and start to deliver on their outlandish promises (especially regarding the astronomical number of transactions / second)
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marks1976
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June 07, 2018, 03:30:01 PM |
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Quarkchain is being compared to Ziliqa, but not in a positive way and more as a warning flag. QKC seems to have copied sharding from Ziliqa after the latter's tremendous success,
and some people already consider it as a possible scam by an unknown team because they listed on multiple exchanges on very low supply of their coin, in a probable attempt
to pump up the prices fast to then offload the remaining coins at exponentially greater value than ICO prices... So be careful about QKC until the team prove themselves as
strong professionals and start to deliver on their outlandish promises (especially regarding the astronomical number of transactions / second)
I'm very tired to see more and more copycat without any innovative idea. i could agree with one of team from the binance exchange if there is a lot of overvalued coin right now. These copy cat should not worth a lot consider it's only copy and paster another existing project with only a little improvement.
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duyduc256
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June 07, 2018, 03:41:09 PM |
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For now, this is too risky to enter at this price. Any time it is posible to get dump by the investors because of this x10 from the ico price. 3.6% of the total supply is in circulating now, right? And every month it will increase the supply. I saw dump and dump in the coming month.
There is still a long time tokens will be unlocked and we do not have to fear at this moment because this project is developing very well. I think this is the first project that makes all the investors feel the most tired because they have to participate in many contests can invest in this project. I believe Quark will soon raise the price high before the big adjustment in July
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sash1801
Jr. Member
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Activity: 168
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June 07, 2018, 04:05:52 PM |
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This is a type of fraud with pumps and landfills, which should regulate the regulators. 96.4257% belongs to the founders and the team purse? Just unbelieveble .....
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wack slacker
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June 07, 2018, 05:29:42 PM |
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This is how the circulating supply is going to increase in upcoming months: It's going to increase too much, no doubt about that, however, do you really think that the fear of 4th July dump will keep it down this whole June? I don't think that's going to happen. Right now, there's no dumping power, all those who participated in public ICO have already dumped their coins, while next batch of coins will be unlocked "after 4th July", that fear of 4th July is not going to keep the price down for more than a month. Let's see where it goes, I'm expecting an upward movement now: Thanks for this, I am also watching for the breakout after this 1 days dumping and it will not always dumping for the whole time i am more thinking that just like other coins now which had a slow movement because of bitcoins. Well, let's see if this trend will lead in an uptrend movement. You have a good trading skills and analytical when it come to making a plot of this trades. That's great thanks for sharing your thoughts. wow They raised 6900 ETH equivalent to $ 4 million. At the beginning they sold 3.6% of the total token they had ICO, they gradually increased statues over time. I think they create the volume with the money raised from the ICO and sell their tokens. It's a perfect business. Their strength is to sell tokens to the market continuously. I am currently tracking the project and have no intention of purchasing QKC. I do not see the value of the project when they only just ICO a few days ago.
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ashmodeus
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June 07, 2018, 06:04:17 PM |
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the problem about this cases just , we know , Quark currently only 3.61% of the total supply of QKC tokens in circulation. so that mean , about next month,more token will be added to the circulation supply. and , i worried about the price, still strong or what.
I think this is kind of speculation if only about 4% in total supply. I think team try to sell on high and that's why we saw so low volume now. Price went down from 0.32 $ to 0.18$ just for one day. That's only a short term hype coin. Zilliqa has done more than 30x from the ico price after it being listed on the major exchange site just like binance and remember it's not paying a lot of money to the binance to listed zilliqa instantly. Qkc is a shitcoin and zilliqa is a very good coin that used sharding protocol. actually i am not call ZIL it's same like QKC, because i really know, ZIL is really future project with target. "Zilliqa aims to rival traditional centralised payment methods such as VISA and MasterCard." btw, what reason behind QKC just spend little by little coin to the circulation. anyone know ?
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BitProNews
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June 07, 2018, 10:57:34 PM |
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the problem about this cases just , we know , Quark currently only 3.61% of the total supply of QKC tokens in circulation. so that mean , about next month,more token will be added to the circulation supply. and , i worried about the price, still strong or what.
I think this is kind of speculation if only about 4% in total supply. I think team try to sell on high and that's why we saw so low volume now. Price went down from 0.32 $ to 0.18$ just for one day. That's only a short term hype coin. Zilliqa has done more than 30x from the ico price after it being listed on the major exchange site just like binance and remember it's not paying a lot of money to the binance to listed zilliqa instantly. Qkc is a shitcoin and zilliqa is a very good coin that used sharding protocol. actually i am not call ZIL it's same like QKC, because i really know, ZIL is really future project with target. "Zilliqa aims to rival traditional centralised payment methods such as VISA and MasterCard." btw, what reason behind QKC just spend little by little coin to the circulation. anyone know ? It's a little bit shady here with QKC about spending only little supply for circulation (following the ZIL example) but some observations might be also noted: - Reserving only 5-20% for crowdsale can be considered as a red flag as ICOs always sold the majority of token and the remaining supply could be burned or frozen for a specific time (confirmed by the smart-contract code). - Then creating massive initial liquidity on Binance after paying 5$ millions to be listed so it's going surely to pump the price (another red flag that those conditions can't determine the real price compared with circulating supply and ICO price) and this warning alert from Binance can clear the situation: https://support.binance.com/hc/en-us/articles/360004471832-Binance-To-Open-Trading-For-QuarkChain-QKC-and-Risk-WarningHigh Risk Warning:
There is currently only 3.61% of the total supply of QKC tokens in circulation at the time of listing. The total supply is 10,000,000,000 QKC. [The ICO price was USD 0.018]. This may cause extreme price volatility. Please exercise caution when trading in the QKC trading pairs.
- QKC only sold 20% with 16% locked up; this means that only 4% of the supply is currently on circulation. So after being listed in major exchanges, Who will sold tokens for Buyers. May be not the team - Following the Zilliqua original approach means effectively that the project still doesn't have a clear business-model besides the roadmap. Either it's a new strategie that can succeed (don't know axactly how) or we are facing a great lack in the commun known regulations for ICOs including govenamental ones. This steem article explains well the situation.
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Vispilio
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Merit: 1632
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June 08, 2018, 06:28:35 AM |
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Thanks for the interesting Steem article BitProNews, QKC and similar esoteric Asian ICO's certainly merit deeper scrutiny.
One thing I can almost guarantee is that 5 million USD price to get listed on Binance is also waived or negotiated conditionally for these guys. CZ is not exactly the most ethical
player on the market either, his and his cronies' comically biased overhyped propaganda of Binance paints an unrealistic picture as well...
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