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Author Topic: [ANN] Qora | Released 16 May | 100% POS | New Source  (Read 748196 times)
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September 07, 2014, 07:21:26 AM
 #8321

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delulo
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September 07, 2014, 08:43:32 AM
 #8322

Any objective reason for the recent price increase?

Is there a whitepaper or anything about how the POS works and what makes it different from e.g. NXT's POS?

I think there are a few reasons playing off of one another.  First, as has been the case, this isn't a clone of another coin.  IMHO, that does give some validity to the project.  Next, trading has been very slow for a while and before that we saw a lot of bored/weak hands dump their stakes they purchased in the IPO.  This means that the overwhelming amount of Qora holders are doing just that, holding or continuing to slowly buy.  In other words, the market has seemed to stagnante at the bottom and we are about to see another MASSIVE wave of investment or dumping (if tradional market analysis holds true.)

Third, consider that Qora's internal Asset Exchange is about to cut on in a few days, which is a benefit.  I've not verified, but from what I've heard QORA will be the only crypto with a built-in dividend payment system.  I've used NXT for a long time and I own quite a few assets.  Paying dividends has been a huge hassle for many of the asset managers because the payment process is 100% manual.

I think all of these factors must be taken into account.  Many worthless coins have seen better marketcap than QORA recently, but Qora (the dev) has steadily worked on this project.  If he continues to release features within QORA that exist elsewhere, but slowly innovates a better implementation, this coin can only remain silent for so long.

People will start to notice and it will inevitably take off.

The risk factors of investing in QORA are that the code is (not yet) open source.  But, I'm always quick to point out that this thing is written in Java.  If you have dev background at all, it's easy-peasy to decompile and inspect.  The other risk factor (IMHO) is that since Qora is anonymous and is the sole dev, if he were to *disappear*, then the coin would slowly die as well because the community isn't yet mature enough to dig into the Java modules, extract and figure out the java code, and further manage the project.

In a nutshell, that is about as "objective" as I can be.  These are my opinions but I've tries to base that off of emotionless investment and keen observation.  QORA is currently a hedge for me which I hope pays off.  I highly suspect it will but it might take some time to pick up steam.

Thanks. Nice write up.
2 Questions remaining:
1) What features apart from the AE are still to come?
2) Is there any documentation about what advantages the new POS has and how it is supposed to work (compared to e.g. NXT's POS)?
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September 07, 2014, 09:19:27 AM
 #8323

Any objective reason for the recent price increase?

Is there a whitepaper or anything about how the POS works and what makes it different from e.g. NXT's POS?

I think there are a few reasons playing off of one another.  First, as has been the case, this isn't a clone of another coin.  IMHO, that does give some validity to the project.  Next, trading has been very slow for a while and before that we saw a lot of bored/weak hands dump their stakes they purchased in the IPO.  This means that the overwhelming amount of Qora holders are doing just that, holding or continuing to slowly buy.  In other words, the market has seemed to stagnante at the bottom and we are about to see another MASSIVE wave of investment or dumping (if tradional market analysis holds true.)

Third, consider that Qora's internal Asset Exchange is about to cut on in a few days, which is a benefit.  I've not verified, but from what I've heard QORA will be the only crypto with a built-in dividend payment system.  I've used NXT for a long time and I own quite a few assets.  Paying dividends has been a huge hassle for many of the asset managers because the payment process is 100% manual.

I think all of these factors must be taken into account.  Many worthless coins have seen better marketcap than QORA recently, but Qora (the dev) has steadily worked on this project.  If he continues to release features within QORA that exist elsewhere, but slowly innovates a better implementation, this coin can only remain silent for so long.

People will start to notice and it will inevitably take off.

The risk factors of investing in QORA are that the code is (not yet) open source.  But, I'm always quick to point out that this thing is written in Java.  If you have dev background at all, it's easy-peasy to decompile and inspect.  The other risk factor (IMHO) is that since Qora is anonymous and is the sole dev, if he were to *disappear*, then the coin would slowly die as well because the community isn't yet mature enough to dig into the Java modules, extract and figure out the java code, and further manage the project.

In a nutshell, that is about as "objective" as I can be.  These are my opinions but I've tries to base that off of emotionless investment and keen observation.  QORA is currently a hedge for me which I hope pays off.  I highly suspect it will but it might take some time to pick up steam.

Thanks. Nice write up.
2 Questions remaining:
1) What features apart from the AE are still to come?
2) Is there any documentation about what advantages the new POS has and how it is supposed to work (compared to e.g. NXT's POS)?

1. The wallet upgrade would make this coin unique apparently.
2. Check the Qora Wiki.





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September 07, 2014, 09:30:45 AM
 #8324

https://wiki.qora.org/index.php/Main_Page doesn't answer my questions Sad
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September 07, 2014, 10:29:54 AM
 #8325

Can't quite understand why the price is dropping if tomorrow is the big day.  But fair enough, guess I'll buy a little more if it's going cheap.  Could be the SuperNET hype drawing attention elsewhere, but that will probably die down soon enough.  I'm hoping this will be one of those occasions where it pays not to follow the herd. 

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September 07, 2014, 03:27:13 PM
 #8326

Can't quite understand why the price is dropping if tomorrow is the big day.  But fair enough, guess I'll buy a little more if it's going cheap.  Could be the SuperNET hype drawing attention elsewhere, but that will probably die down soon enough.  I'm hoping this will be one of those occasions where it pays not to follow the herd. 


because Qora is shit. Compared to NXT it's a joke, no one wants Qora. Go away and leave us alone.
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September 07, 2014, 03:52:50 PM
 #8327

Can't quite understand why the price is dropping if tomorrow is the big day.  But fair enough, guess I'll buy a little more if it's going cheap.  Could be the SuperNET hype drawing attention elsewhere, but that will probably die down soon enough.  I'm hoping this will be one of those occasions where it pays not to follow the herd. 


because Qora is shit. Compared to NXT it's a joke, no one wants Qora. Go away and leave us alone.

qora have many innovation
too many shitcoin,
but they have a high cap.
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September 07, 2014, 03:54:30 PM
 #8328

Can't quite understand why the price is dropping if tomorrow is the big day.  But fair enough, guess I'll buy a little more if it's going cheap.  Could be the SuperNET hype drawing attention elsewhere, but that will probably die down soon enough.  I'm hoping this will be one of those occasions where it pays not to follow the herd. 


because Qora is shit. Compared to NXT it's a joke, no one wants Qora. Go away and leave us alone.

qora have many innovation
too many shitcoin,
but they have a high cap.

Qora is clone coin. Clone coins never succeed.
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September 07, 2014, 04:04:07 PM
 #8329

Can't quite understand why the price is dropping if tomorrow is the big day.  But fair enough, guess I'll buy a little more if it's going cheap.  Could be the SuperNET hype drawing attention elsewhere, but that will probably die down soon enough.  I'm hoping this will be one of those occasions where it pays not to follow the herd. 


because Qora is shit. Compared to NXT it's a joke, no one wants Qora. Go away and leave us alone.

qora have many innovation
too many shitcoin,
but they have a high cap.

Qora is clone coin. Clone coins never succeed.

I am sure all you want is more Qora at a lower price.
I am also sure you won't get it.
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September 07, 2014, 04:27:34 PM
 #8330

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September 07, 2014, 05:06:05 PM
 #8331


it's not FUD it's facts that Qora price is always 10-20 sats. Look at NXT it's always 5000-10000 sats. Are you saying I don't understand maths. People aren't interested in Qora and never will be so why waste time on a NXT copy instead of the original. Qora came months after NXT it's a fact it's a copy.
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September 07, 2014, 06:07:13 PM
 #8332

because Qora is shit. Compared to NXT it's a joke, no one wants Qora. Go away and leave us alone.
Qora is clone coin. Clone coins never succeed.

Welcome to my Ignore List!   Grin

How many pages is your ignore list up to?

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qora (OP)
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September 07, 2014, 08:12:19 PM
 #8333

There is a small change of plans regarding assets.

During this weekend I found some problems with the current version so I had to fix those.
This means that somewhere during this week I will post the final version including the GUI.
After that we will have to wait a few days to make sure the heavy forgers have had the chance to upgrade and then assets will finally launch.

You will be able to trade any combination of pairs. This includes Qora/Asset, Asset/Qora or Asset/Asset.
All the orders on the exchange will be matched automaticly.






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September 07, 2014, 08:27:02 PM
 #8334

Thanks Qora  Smiley





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SuperNET.org
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DECENTRALIZED CRYPTOCURRENCY EXCHANGE
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twospirit
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September 07, 2014, 08:31:44 PM
 #8335

nevermind, great work!
PondSea
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September 07, 2014, 08:38:06 PM
 #8336

Can anyone say decentralized exchange with me?  Grin





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DECENTRALIZED CRYPTOCURRENCY EXCHANGE
Developed to Unite Coin Communities | ✔ SECURE ✔ FREE ✔ VISIBILITY ✔ EASY INTEGRATION |

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peled1986
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September 07, 2014, 09:24:45 PM
 #8337

This means that somewhere during this week I will post the final version including the GUI.

You will be able to trade any combination of pairs. This includes Qora/Asset, Asset/Qora or Asset/Asset.
All the orders on the exchange will be matched automaticly.

Every message from Qora feels like christmas  Cheesy

Thank you for your hard work!
Djinou94
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September 08, 2014, 12:07:52 AM
 #8338

Its time to show to these pussies which coin is the best

https://bitcointalk.org/index.php?topic=770239.0
digital7
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September 08, 2014, 01:39:53 AM
 #8339


Qora is a trusted dev, but not good at communication.
I will hold my qora.
CoinCartel
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☆☆☆☆☆☆☆


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September 08, 2014, 02:20:46 AM
 #8340

There is a small change of plans regarding assets.

During this weekend I found some problems with the current version so I had to fix those.
This means that somewhere during this week I will post the final version including the GUI.
After that we will have to wait a few days to make sure the heavy forgers have had the chance to upgrade and then assets will finally launch.

You will be able to trade any combination of pairs. This includes Qora/Asset, Asset/Qora or Asset/Asset.
All the orders on the exchange will be matched automaticly.


Solid. Thanks for the update. Chatter has started around QORA.
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