[ANN] Qora | Released 16 May | 100% POS | New Source

[msin]

I'm not involved in Qora whatsoever nor have I followed the progress, but I know many people who are and I have no idea why the creator hasn't made it open source at this point.  Who cares if anyone clones Qora, it has a $500k market cap.  It could be dead in a week if the source isn't available.

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[Equate]

It could be dead in a week if the source isn't available.

Dead in a week , doesn't make sense at all lol .

[ownerbest]

Oh, my god, 7 sat at poloniex .......

[smoothdoger]

coins that go into single digit sat value historically never bounce back and are all but dead=fact

[ownerbest]

Oh, my god, 7 sat at poloniex .......

Have you heard of this thing called Volume?   

OK...  take the Average Weekly Volume traded at these low rates and compare it with the amount of QORA in circulation...  or better yet...  compare it with the amount of QORA that participated in the most recent poll...  can you see the bigger picture???   

All I can see is, someone, who is a big qora holder just dumped his coin.
Is the dev still active?

[megashira1]

Oh, my god, 7 sat at poloniex .......

Did qora run off whats going on? Why dump like that when you can spread it around?

[DooMAD]

Damn, guess I missed the 7 sats party.  Back up to 16 now.  Looks like a flash crash and back to normal now.  I'm guessing someone made a killing in the carnage though.  

[megashira1]

Damn, guess I missed the 7 sats party.  Back up to 16 now.  Looks like a flash crash and back to normal now.  I'm guessing someone made a killing in the carnage though.  

2014-08-06 17:17:52   Buy   0.00000016   1808.8875   0.00028942

lol, was that you?

[ownerbest]

Damn, guess I missed the 7 sats party.  Back up to 16 now.  Looks like a flash crash and back to normal now.  I'm guessing someone made a killing in the carnage though.  

Should not say go back to 16 while the volume is just 1800 qora, dead or rich? Let's see which will happen.
Things become serious now

[megashira1]

Damn, guess I missed the 7 sats party.  Back up to 16 now.  Looks like a flash crash and back to normal now.  I'm guessing someone made a killing in the carnage though.  

Should not to say go back to 16 when there is just 1800 qora volume, dead or rich? Let's see which will happen.
Things become serious now

There has to be a reason for the sudden dump.

Either an insider knows some information that is soon to be revealed hence the rush to dump at below market pricing.

or.

Someones account got hacked.

[rabbiter]

Under 10 sats?

Anyone want to buy a pizza?


The dumbass will regret it.

[rabbiter]

Damn, guess I missed the 7 sats party.  Back up to 16 now.  Looks like a flash crash and back to normal now.  I'm guessing someone made a killing in the carnage though.  

Should not to say go back to 16 when there is just 1800 qora volume, dead or rich? Let's see which will happen.
Things become serious now

There has to be a reason for the sudden dump.

Either an insider knows some information that is soon to be revealed hence the rush to dump at below market pricing.

or.

Someones account got hacked.

I would give room for stupidity in your options.

The good thing is I NEVER want to hear anyone complain about unfair distribution!

[rabbiter]

I've been saying for a while now people who want to sell cheap should get on and do it properly on the trading thread. now you have absolute idiots selling for half of the price they could of got last week even. Dzarmush could of managed this with Chinese sellers but he is too busy trying to make a buck from a stupid dice game. that's our leadership.

This kind if dumping is cleansing. at least the dumb money leaves the building. I hope it continues and we can think about the the price moving up not down.

[ownerbest]

Should not say go back to 16 while the volume is just 1800 qora, dead or rich? Let's see which will happen.
Things become serious now

Definitely becomes serious now...  all of a sudden you're taking Volume into consideration (even though I pointed it out to you) to prove the OPPOSITE of what it actually indicates!?!?!   

I understood what you were saying, but my opinion is, a sudden dump of 6.5 BTC at such a low price is not normal, isn't it?
Maybe u r right usually, but not for the current, just my thought. And, I hope qora will succeed someday.  

[Equate]

I've been saying for a while now people who want to sell cheap should get on and do it properly on the trading thread. now you have absolute idiots selling for half of the price they could of got last week even. Dzarmush could of managed this with Chinese sellers but he is too busy trying to make a buck from a stupid dice game. that's our leadership.

This kind if dumping is cleansing. at least the dumb money leaves the building. I hope it continues and we can think about the the price moving up not down.

true , its better to get rid of weak hands dumping at pennies when they could have made more profit.

[megashira1]

I understood what you were saying, but my opinion is, a sudden dump of 6.5 BTC at such a low price is not normal, isn't it?
Maybe u r right usually, but not for the current, just my thought. And, I hope qora will succeed someday.  

It's NOT a matter of being right or wrong...  it's a matter of taking all available information into consideration before making conclusions.

Volume is PEANUTS and it's there waiting for anybody that wants to see...  do you realize that close to 2.5B QORA participated in the Source Code poll so far???...  who cares if couple hundred million QORA got traded during the WHOLE WEEK at these rates???

Volume is always peanuts and has to be peanuts because the market is so shallow and concentrated! By QORAs standards a 7btc dump is HUGE.

[rabbiter]

I understood what you were saying, but my opinion is, a sudden dump of 6.5 BTC at such a low price is not normal, isn't it?
Maybe u r right usually, but not for the current, just my thought. And, I hope qora will succeed someday.  

It's NOT a matter of being right or wrong...  it's a matter of taking all available information into consideration before making conclusions.

Volume is PEANUTS and it's there waiting for anybody that wants to see...  do you realize that close to 2.5B QORA participated in the Source Code poll so far???...  who cares if couple hundred million QORA got traded during the WHOLE WEEK at these rates???

Volume is always peanuts and has to be peanuts because the market is so shallow and concentrated! By QORAs standards a 7btc dump is HUGE.

while it looks interesting on a chart and yeah it is a lot compared to what normally is sold the fact is the 'dump' was less than .5% of coins.

[megashira1]

I understood what you were saying, but my opinion is, a sudden dump of 6.5 BTC at such a low price is not normal, isn't it?
Maybe u r right usually, but not for the current, just my thought. And, I hope qora will succeed someday.  

It's NOT a matter of being right or wrong...  it's a matter of taking all available information into consideration before making conclusions.

Volume is PEANUTS and it's there waiting for anybody that wants to see...  do you realize that close to 2.5B QORA participated in the Source Code poll so far???...  who cares if couple hundred million QORA got traded during the WHOLE WEEK at these rates???

Volume is always peanuts and has to be peanuts because the market is so shallow and concentrated! By QORAs standards a 7btc dump is HUGE.

while it looks interesting on a chart and yeah it is a lot compared to what normally is sold the fact is the 'dump' was less than .5% of coins.

Yes, I am speaking in relative terms not absolute. However, so many coins are tied to huge holders that we should be speaking in the relative not absolute as huge holders, which consist of the majority of QORA investors, are unable to participate in market without severely damaging their investment. They cant dump even if they wanted to so they have no other option than to hold.

[twospirit]

Damn, I was not ready

[wizzardTim]

Qora is a huge project with great potential. Give it time, though I think its clear that it will be successful.