Your reason for "not being sympathetic to the whole premise"?
Let's start getting specific. Explain in detail exactly how this could be negative for qrk. It seems like it could with a bit of tweaking solve a lot of qrks current issues.
QRK is regarded as a dying/dead project by most of the board.
Not by me, who in his right mind would call a 1 year old project dead... and then again, only pointing to a low price as evidence of death?
Well, obviously it's someone who thought this is a get rich quick scheme but who is disappointed because qrk growth will take longer than expected.
Also how much qrk do each of you own.
To enter into discussions people should really have a reasonable steak in the coin. Who knows if half these people simply making comments even have any qrk. Some have probably sold out and want the prices driven lower to buy back in or else could be from other coin communities. We really need to establish who is really motivated to see qrk move up from here.
This all sounds so bizarre to me.... your thoughts reveal your true intentions.
You make it sound like quark has now become the coin of the
selected few investors club... and ONLY they should be allowed to have a voice, etc...
I remember the first weeks and months of quark, when it was praised as the little guys coin.
Everybody can participate and mine this coin, etc... that was the credo back then.
Not anymore?
I VERY much like the idea of taxing those that don't stake the coin.
?
What are you, a government?
What's with all that constant "tax talk" ?
Also these players are killing a crypto with their pump and dumps. It will give the coin a bad reputation where people will say it's another pump and dump, this coin is limiting the ability of these guys to ruin a coin with their scheme and it's actually the first that i've seen which has come up with a model to do this and instead aims for a steady rise with less hardcore dumping. This give the coin much more credibility imo.
If you want to dump all your coins whenever you want there are enough cryptos and i think with all these pump and dump schemes there should be space for new models like these who is adapted to these schemes.
Pump and Dump. Most misused words of the last years.
Is bitcoin a pump and dump? I wouldn't call it that, but Mainstream Media still does so to this day.
How can they do that? Well, because to the outsiders who don't understand bitcoin, bitcoin really looks like a pump and dump scheme.
And Mainstream Media tries to influence those uninitiated outsiders.
Was bitcoin pumped and dumped before? Yes, absolutely. Is it still being pumped and dumped? YES!
Is this a problem? No, because Bitcoin has now become a real world economy, meaning it's not just an exchange vehicle, it's not just a financial tool anymore. It's used in the real economy, by real people, doing real trading.
All those people who REALLY USE bitcoin in their lifes for trading, and working, and buying/selling stuff...
they offset any pump and dump scheme, because they create an
immense liquidity of about 10 million $ a day, which gives pumpers/dumpers a really hard time. That's fantastic.
Now what about quark?
Obviously quark is still in the phase where very low liquidity allows for drastic price moves that causes all kinds of weird ups and downs in price, that all look like pump and dump.
(someone buying even just 5-10 BTC of QRK in a few minutes, will make the price spike probably 300%)
But these are NOT pump and dumpers. Not as in the definition of a scam.
That's just simple economics: Low liquidity causes higher price fluctuation.
This even is applicable to world currencies like the USD or EUR. Watch forex EUR/USD and you will see that during holidays (when fewer people trade) the price fluctuation will be higher!
You have to let this sink in for a minute, that this
even happens (to a small degree) in trillion dollar volume markets like EUR/USD.People who understand just a little bit about economics and exchanges, UNDERSTAND that low liquidity coins (basically all altcoins) can be easily price manipulated since that's the nature of low liquidity.
Only people who don't understand this concept, blame this on SCAM ARTISTS or whales who deliberately are out to kill a coin...
And it's those people (who call SCAM for the wrong reasons) who want to introduce all kinds of prohibiting measures to prevent something that is WITHIN THE NATURE OF EVERY CURRENCY THAT EXISTS... so that they can safely skip over this low liquidity phase with little damage (but killing the coins nature in the process).
Those people are only thinking about their own well being, instead of understanding that THAT IS THE NATURE OF THIS ILLIQUID PHASE!
All I am saying is: You all should better start enjoying this illiquid phase and enjoy the risks (and chances) it offers.
Trying to suppress this phase by implementing prohibiting measures based on GREED and wealth protection goes against EVERYTHING I BELIEVE when it comes to cryptocurrencies and free market.
Therefor I am not going to give that anymore attention or appreciation.
It's like you guys are trying to persuade me to participate in a religion, when I am a free market atheist.
No matter WHAT you have to say about your religion, and how eloquent your documents and articles are... as long as its based on superstition and irrationality I am going to oppose it.