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Author Topic: Qora price speculation now we know its brand new code.  (Read 1287 times)
rabbiter
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October 23, 2014, 10:14:19 AM
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Recently developers who were implementing AT inot Qora got a chance to look at the code and have said this:

After gaining access to the Qora source code, and reviewing the code, I can confirm that it is NOT a NXT clone, but is new source code, tidy and well written.

- vbcs


Now if we treat Qora as unrelated now to NXT and should be taken as a coin that deserves to stand at least on the level of NXT and probably more then the price in theory needs to increase by a factor of about 30!


We are around 20 sats, I can't see why now Qora isn't worth at least 200 sats.

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October 23, 2014, 11:37:45 AM
 #2


You are just a troll and nobody believes you.

So post a message of Ciyam or stfu.

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rabbiter
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October 23, 2014, 11:49:40 AM
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You are just a troll and nobody believes you.

So post a message of Ciyam or stfu.



You're free to disagree with what I said but you can't argue that this guy is working with Qora AT and with CIYAM and has made this statement. o Qora thread if you don't believe me.
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October 23, 2014, 11:52:11 AM
 #4

I don't think it makes a difference until a more reputable person does a code review.  Even if a reputable person does it, is it guaranteed to go up?

I mean Qora has been on the exchanges for months.  Most people have forgotten about it and probably will just walk away if they looked at its' old capitalization compared to its' current one.  I don't think avoiding the issue for half a year and then going: "surprise we have independent code" is going to make any change now.  Coins either make or break after 3 months from launch.



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October 23, 2014, 11:53:54 AM
 #5

Whilst I have zero interest in speculating on coins (and I don't have any Qora) the statement made by Vasilis is accurate (i.e. that he thinks the Qora code is nicely written and is not a clone of Nxt).

Also note that I have no interest in looking at their code myself as I am not a Java programmer anyway (and I am far too busy on other work).

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October 23, 2014, 12:22:09 PM
 #6

Recently developers who were implementing AT inot Qora got a chance to look at the code and have said this:

After gaining access to the Qora source code, and reviewing the code, I can confirm that it is NOT a NXT clone, but is new source code, tidy and well written.

- vbcs


Now if we treat Qora as unrelated now to NXT and should be taken as a coin that deserves to stand at least on the level of NXT and probably more then the price in theory needs to increase by a factor of about 30!


We are around 20 sats, I can't see why now Qora isn't worth at least 200 sats.


Unfortunately the price is not just about the tech. Thats why is not Litecoin 0.25 BTC. Nxt offers more than Qora right now.  But we can change it and 20 satoshi is really undervalued Smiley
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October 23, 2014, 01:58:20 PM
 #7

I don't think it makes a difference until a more reputable person does a code review.  Even if a reputable person does it, is it guaranteed to go up?

I mean Qora has been on the exchanges for months.  Most people have forgotten about it and probably will just walk away if they looked at its' old capitalization compared to its' current one.  I don't think avoiding the issue for half a year and then going: "surprise we have independent code" is going to make any change now.  Coins either make or break after 3 months from launch.





I did my best to tell the Qora community of this crucial early period but I was called a TROLL, Dammmn those guys are stubborn fools. To be honest we had some very poor luck with our main exchange (Sharexcoin) running off with loads of early investors coins. We struggled for vol after that.  

Still, the developer is clearly talented and I believe and hope quality rises in the end.

I think the guy has some tricks up his sleeve too, he just seems very quietly confident and when he says he has something in the wallet that will make Qora unique I think it will probably be awesome as he's not known for exaggeration and hype at all. Whatever anyone thinks about Qora, the developer love it or hate it has been nothing more than honest and dedicated without a hint of ego and hype which you can't say for about 99.9% of coin developers. He's a rare character for sure.  
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October 23, 2014, 05:07:03 PM
 #8

Whilst I have zero interest in speculating on coins (and I don't have any Qora) the statement made by Vasilis is accurate (i.e. that he thinks the Qora code is nicely written and is not a clone of Nxt).

Also note that I have no interest in looking at their code myself as I am not a Java programmer anyway (and I am far too busy on other work).


Thank you for taking a moment to give clarity on this situation.  I hadn't seen the real qoute in a link from Vasilis so it was hard for me to know.  I'm going to be in the "original code" camp now until it is proven otherwise. 

It is nice that somebody has independently looked at the code, but it would be even nicer if it was released open-source.  It makes one wonder if it is so clean, then why not release it?   

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October 23, 2014, 05:36:57 PM
 #9

Whilst I have zero interest in speculating on coins (and I don't have any Qora) the statement made by Vasilis is accurate (i.e. that he thinks the Qora code is nicely written and is not a clone of Nxt).

Also note that I have no interest in looking at their code myself as I am not a Java programmer anyway (and I am far too busy on other work).


Thank you for taking a moment to give clarity on this situation.  I hadn't seen the real qoute in a link from Vasilis so it was hard for me to know.  I'm going to be in the "original code" camp now until it is proven otherwise. 

It is nice that somebody has independently looked at the code, but it would be even nicer if it was released open-source.  It makes one wonder if it is so clean, then why not release it?   


Qoras plan was to be closed source just a few months (just like NXT) to get a headstart and to keep ahead of clones.

Qora has a built in voting system and unfortunately the community voted to stay closed for an extended period. (basically killing the coin).

Qora has said he will OS when the coin has a stronger identity and website, logo etc is refreshed. I guess it could be soonish though I expect AT is taking up his time now.

People should know Qora acts suspicious not cause he is suspicious but because he doesn't seem to care how his actions are perceived so if people think something wrong he doesn't care much about setting them right plus he's more focused on the tech side. That's my opinion from observation of him.   

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October 23, 2014, 08:20:23 PM
 #10

I've always treated Qora as not a clone of NXT but having its own original source code. Having said that, Qora is still just a backup to NXT should NXT fail for some reason.
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October 24, 2014, 03:32:32 AM
 #11

Whilst I have zero interest in speculating on coins (and I don't have any Qora) the statement made by Vasilis is accurate (i.e. that he thinks the Qora code is nicely written and is not a clone of Nxt).

Also note that I have no interest in looking at their code myself as I am not a Java programmer anyway (and I am far too busy on other work).


Thank you for taking a moment to give clarity on this situation.  I hadn't seen the real qoute in a link from Vasilis so it was hard for me to know.  I'm going to be in the "original code" camp now until it is proven otherwise. 

It is nice that somebody has independently looked at the code, but it would be even nicer if it was released open-source.  It makes one wonder if it is so clean, then why not release it?   


Qoras plan was to be closed source just a few months (just like NXT) to get a headstart and to keep ahead of clones.

Qora has a built in voting system and unfortunately the community voted to stay closed for an extended period. (basically killing the coin).

Qora has said he will OS when the coin has a stronger identity and website, logo etc is refreshed. I guess it could be soonish though I expect AT is taking up his time now.

People should know Qora acts suspicious not cause he is suspicious but because he doesn't seem to care how his actions are perceived so if people think something wrong he doesn't care much about setting them right plus he's more focused on the tech side. That's my opinion from observation of him.   


In some ways the dev not being concerned about money is a really great thing in this field.  There is way tooooo much going on where people try to scam their way and the crypto community as a whole is weary.

That said, it also puts him as an outlier. Again, this may very well be a good thing, but immediately people on BTT are scared of outliers as they have so often time and time again proven to be a scam.  It is kind of a huge plus and a huge minus for Qora at the moment.


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October 24, 2014, 06:17:59 PM
 #12

I've always treated Qora as not a clone of NXT but having its own original source code. Having said that, Qora is still just a backup to NXT should NXT fail for some reason.


I have always looked at NXT as a backup should Qora fail for any reason.
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October 24, 2014, 08:26:05 PM
 #13


I did my best to tell the Qora community of this crucial early period but I was called a TROLL,


That's because you are a troll. You make me look like Mother Teresa.

Sorry, but you'll have to give me a better reason to care about QORA than "it isn't a clone of NXT."


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October 25, 2014, 04:01:09 AM
 #14


I did my best to tell the Qora community of this crucial early period but I was called a TROLL,


That's because you are a troll. You make me look like Mother Teresa.

Sorry, but you'll have to give me a better reason to care about QORA than "it isn't a clone of NXT."



Umm it does everything thing NXT does and does it better. What more do you want to prove its better?



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October 25, 2014, 04:25:34 AM
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Umm it does everything thing NXT does and does it better. What more do you want to prove its better?

Honestly? Real-world application. Get the outside world to start using it. All cryptos have this problem, but as Counterparty recently demonstrated, it takes actual integration with pre-existing business (in any form) for a coin to be truly successful.

Unless you can make your coin about something other than finance and business... in which case, go right ahead. Let's see some evidence that QORA has any types of these plans and maybe I'll get on board.

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October 25, 2014, 04:53:37 AM
 #16

Umm it does everything thing NXT does and does it better. What more do you want to prove its better?

I don't follow either all that much, but Qora has been accused of being a Nxt clone because the feature set is very similar. Does the client work better? With a quick perusal of the forum and the wiki I don't even see a description of how the PoS algorithm works. How do you know it does anything better? Not an attack, just curiosity.
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October 25, 2014, 05:55:49 PM
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Umm it does everything thing NXT does and does it better. What more do you want to prove its better?

I don't follow either all that much, but Qora has been accused of being a Nxt clone because the feature set is very similar. Does the client work better? With a quick perusal of the forum and the wiki I don't even see a description of how the PoS algorithm works. How do you know it does anything better? Not an attack, just curiosity.


Well firsty NXT as far as im aware doesn't do anything QORA doesn't do, lets take that angle. And add to that angle that NXT is 50 times the price!!



Qora implemented AE into Qora in a few weeks, it took a team 6 months to do it in NXT, just wanted to add that fact.


The asset exchange had a few features that NXT would love to have like being able to trade any coin for any coin. With NXT you have to hold NXT to buy another asset which obviously makes buying an asset a pain in the ass especially if you actually wanted to hold NXT and not have to use it to buy something else. Ok this isnt a gamer changer but this is typical of what has been steadily coming out of the work of ONE GUY!!! Another titbit the AE also can pay dividends, the wallet has voting implemented...I could go on.

But the evidence is clear what Qora can do seems to take a 1/5 of the time NXT with legions of developers months to achieve. Remember how NXT made a big thing about AE and had a countdown and was talking for months about it with teams of developers. Well as I said Qora just wacked it into the QOra code in a few weeks absolutely alone.

Ok so why the fuss over AT, well as much as NXT community hates to admit it, they are a teeny bit jealous that they couldn't get it implemented first, bascially in afew weeks Qora will be able to do what Etherurum boasted they could do with an entire dream team of developers and big investors taking millions in the IPO on that promise. Qora gets it, no fuss in a few weeks. Did I mention Qora is 50th the price of NXT.lol


Its not that NXT is crap its the fact that Qora is making the same functions quicker and simpler and alone and did I mention its 50th of the price.


So yeah anecdotally I would say Qora is ripping past NXT. And don;t start all this clone nonsense anymore, its doing what NXT does and is a completely unrelated coin.

People have got to start asking why am I buying and using NXT when Qora is so cheap and seems more advanced and less messy in its implementation. The NXT team take sooooooo long to do even small things like voting which QOra did as an after thought, wasn't even in the original plan. The guy is a freakin genius. OR the implementation is so neat and his own words 'future proof' the question keeps coming again and again why would people use NXT in the future and not Qora?

I rest my case. I wish Qora was the boasting type cause I recon he would be able to flatten any debate on who has made the better coin, he hinted a few times that he doesn't understand some of the decisions that were made by NXT especially in the area of security. Fact Qora wallets have never been hacked EVER.


I think OS will turn people around and those who love well made stuff will want to be involved. Then to the moon and all that stuff.

*one last fact. Qora said he started the Qora project before NXT came out. The fallacy is whoever does something first is the pioneer and the rest are copying.  Thats cool for Bitcoin but the functions common in NXT and Qora are ones that the Bitcoin community has been discussing for years so the question should be who has implemented those fuctions best not who was first. Cause imagine Qora had released before NXT (I guess he could of done prematurely announced at least) then we would be talking about how NXT is somehow copying Qora. But as intelligent people shouldnt we be asking who has made the product better not first. Qora seems the neater base code to work from, time and OS will tell us if that's true.
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