You have to change to: IN FAVOR OF! AGAINST!
or: IN FAVOR OF AGAINST!
Topic: [ANN] [QRK] Quark | Core 0.10 upgrade - page 105. (Read 1031025 times)
You have to change to: IN FAVOR OF! AGAINST!
or: IN FAVOR OF AGAINST!
You can make new animations too
Ofcourse, I did 2 animations the last 24 hours... I will do more tomorrow... very late where I am. (4 o'clock in the morning...)
How did you like the 2 animations I did today?
AGAINST! IN FAVOR OF!
AGAINST! IN FAVOR OF!
If you like this GIF, please donate any amount of QRK you like and I will create more:
http://qrk.blockr.io/address/info/QSWH2gfjBhvKiasJXxudHLR2JDD8Y1zTPw
You can make new animations too
I like this
AGAINST!
I will use it whenever someone talks about the need to adjust quark protocol at this point of time.
So buy more quark if you have the bread.
IN FAVOR OF!
(that's the opposite
) Of course. Whole world crisis.
Hahahaaa. Someone is trying to make a point.
Point taken. But it's not just big investors dumping - it's cumulative dumping by most investors. It's not just quark but across the board with 99% of the alts. The only alts going up are the few pump and dump schemes.
So buy more quark if you have the bread.
Sorry, but I have to repeat part of my post again Because you could see this in low developed countries who want to attract foreign investors and foreign investors do dumping on the first sign of the crisis. They produce crisis too.
What does it mean rewarding investors:
4 Rewarding network maintenance on every level
Investors: people who provide funds and support the value by holding to it
Do you plan to reward biggest investors?
Why? For what? For this dumping?
AGAINST!
It looks good this big font size.
Because you could see this in low developed countries who want to attract foreign investors and foreign investors do dumping on the first sign of the crisis. They produce crisis too.What does it mean rewarding investors:
4 Rewarding network maintenance on every level
Investors: people who provide funds and support the value by holding to it
Do you plan to reward biggest investors?
Why? For what? For this dumping?AGAINST!
It looks good this big font size.
Yes, we agree.
Earlier i wrote: this coin is searching for the the minimum of the bottom of the double bottom.
I know you know what that means. Yes, although technical analysis tends to not work so well anymore when liquidity is very low.
But I agree, a bottom will be found, probably somewhere where we had a bottom before.
(in Hindsight it will probably look like a double bottom)
the voice of sanity, (will be subsequently ignored)
To be fair Georgem, it is their job , they failed Uni and have huge debts, so now they troll the internet and get thrown a trinket from their masters every now an again, (kind of like the winged monkeys Vermin Supreme talked of) (forget the phoney vote for the pony)
patience is not a virtue when your house is on fire.
To be fair Georgem, it is their job , they failed Uni and have huge debts, so now they troll the internet and get thrown a trinket from their masters every now an again, (kind of like the winged monkeys Vermin Supreme talked of) (forget the phoney vote for the pony)
patience is not a virtue when your house is on fire.
Absolutely.
We must at all costs prevent people from adjusting the codebase of Quark so it fullfills the needs and wants of some investors!
(This is the only prevention I accept: the prevention to keep people from implementing preventions (e.g. so that people can't dump coins anymore), lol)
The quark money is not here to please anybody, it is a means to make trading fair and just. NOT help investors keep their wealth.
If you want to help investors keep their wealth, help quarks adaption.
Do what bitcoin has done.
Yes, we agree.
Earlier i wrote: this coin is searching for the the minimum of the bottom of the double bottom.
I know you know what that means. I ironically commented previous post.
Ah ok, sorry... My mistake...
So we agree!
So, nothing will be changed, we will have 2 coins with mostly the same relations, % of supply, between owners. And we have to prevent dumping.
We can't prevent dumping of one coin. We will have another chance to fulfill our holy duty.
Fun is here.
We can't prevent dumping of one coin. We will have another chance to fulfill our holy duty.
Fun is here.
Why?
Why for crying out loud do you have to prevent dumping?
Let the dumpers dump, let the fools give their coins away for basically nothing.
The thing is, dumping can't go on forever, because the coin supply is pretty limited, so this will go away naturally.
Just wait.
It just boggles my mind that I hear people here talk about new features they want to implement to "PREVENT PEOPLE" from doing whatever the hell they want.
You don't prevent people from doing ANYTHING in a decentralized economic system. That goes against EVERYTHING satoshi ever dreamed about.
Don't mess with freedom.
If you think that dumping is stupid, do the following:
1)Buy those coins for cheap. Sell them only at a much higher price.
2)Mine coins yourself, to take coins away from dumping miners. Sell those coins only at a much higher price.
It's THAT simple... no restrictive coding required.
(Again... this notion of "restrictive coding" inside of decentralized cryptocurrencies... it baffles me... it totally baffles me)
I ironically commented previous post.
I do so what you suggested, more or less.
So, nothing will be changed, we will have 2 coins with mostly the same relations, % of supply, between owners. And we have to prevent dumping.
We can't prevent dumping of one coin. We will have another chance to fulfill our holy duty.
Fun is here.
We can't prevent dumping of one coin. We will have another chance to fulfill our holy duty.
Fun is here.
Why?
Why for crying out loud do you have to prevent dumping?
Let the dumpers dump, let the fools give their coins away for basically nothing.
The thing is, dumping can't go on forever, because the coin supply is pretty limited, so this will go away naturally.
Just wait.
It just boggles my mind that I hear people here talk about new features they want to implement to "PREVENT PEOPLE" from doing whatever the hell they want.
You don't prevent people from doing ANYTHING in a decentralized economic system. That goes against EVERYTHING satoshi ever dreamed about.
Don't mess with freedom.
If you think that dumping is stupid, do the following:
1)Buy those coins for cheap. Sell them only at a much higher price.
2)Mine coins yourself, to limit the amount of coins away from dumping miners. Sell those coins only at a much higher price.
It's THAT simple... no restrictive coding required.
(Again... this notion of "restrictive coding" inside of decentralized cryptocurrencies... it baffles me... it totally baffles me)
No, it would be written into the code and unalterable except by a developer fork. The reason they mature slowly is to stabilize the coin supply and prevent massive dumping. Additionally, slow coin maturation encourages investors to stay involved with the coin for the long haul, rather than just looking for a quick pump & dump. However, you should also remember that your percentage of total coin supply will not change during the initial phase of coin distribution, so your relative Core wealth remains the same no matter how many coins have matured.
But why would you want to prevent people from doing whatever the hell they want to do with their money?
This is already where you lose me.
Let the people dump, they can't dump forever... let the coins go from weak hands to strong hands.
Again: why should anyone want to prevent people from doing with THEIR money what THEY choose to do, voluntarily.
It's everybodies "god given" right to dump their money or throw it out of the window or give it away for free.
a)Why do you have a problem with this?
b)Why do you want to implement solutions that will restrict voluntary actions of people?
Seriously, from a free market perspective, this whole maneuver is horrible.
It's also not the protocols job to "encourage investors" to do anything.
This should be outside of the coin protocol NOT inside.
(Meaning: you can encourage investors anyway you like, as long as its on your free time and effort, and not some new feature of the protocol that forces us to participate if we want to or not)
Also this here...
...so your relative Core wealth remains the same no matter how many coins have matured....
... sounds like protectionism. Again... WHY should your relative core wealth stay the same... That's NOT natural.
Your wealth should be exposed to market forces and not "protected" by anybody.
Seriously, stop thinking in this statist government way.
No, it would be written into the code and unalterable except by a developer fork. The reason they mature slowly is to stabilize the coin supply and prevent massive dumping. Additionally, slow coin maturation encourages investors to stay involved with the coin for the long haul, rather than just looking for a quick pump & dump. However, you should also remember that your percentage of total coin supply will not change during the initial phase of coin distribution, so your relative Core wealth remains the same no matter how many coins have matured.
So, nothing will be changed, we will have 2 coins with mostly the same relations, % of supply, between owners. And we have to prevent dumping.
We can't prevent dumping of one coin. We will have another chance to fulfill our holy duty.
Fun is here.
For those who are interested in the Proof of Burn proposal that I made: You can find the Alpha Draft of the concept on Reddit.
http://www.reddit.com/r/QuarkCoin/comments/2d5521/proof_of_burn_concept_alpha_draft/
http://www.reddit.com/r/QuarkCoin/comments/2d5521/proof_of_burn_concept_alpha_draft/
I'm impressed with the draft, what i like about Peter is that he as an ambitious dev (or one of the devs) of this coin who is connected to the community and is a strong favour of transparency, this alone build trust.
About the slowly maturing coins aka initial phase, if i understood right 50% will be paid back monthly spread into 5 years. Lets say someone needs his 50% or a major part of it, is it possible to request? Adding community fund of 20% makes 70% of the fund stored away. Wouldn't this 70% hold some off from investing/burning despite the issues it can solve?
Well yes, this is a deterrent to speculants and that is fully intended because while it reduces liquidity for a certain period it allows long term planning: as i wrote in the draft, this has zo be understood like a contract between all participants to not dump their holdings. If it could be hedged as proposed by Josh the sense would be undermined in a way and give way to speculation. Just my opinion on it.
I see, fair explanation. Overal looking forward to this
I could imagine those who burn would want to know if their investment is safe hands. I know this is legit but would appreciate if you could explain on that? and also if someone would want to request funds for personal reasons how would that go?
Yeah, I am by no means advocating the hedge...I was just exploring the implications. QuarkFx is correct it will cause way too much volatility compared to the benefits.
Basically, burners just have to trust the reputation of the people creating the new coin...same as any other coin that does PoB or IPO. Hopefully, with Quark veterans behind the project, people will trust us. After the Genesis block is mined, it will all be transparent because all the new coins will show up in your wallet, although some of them will be immature until predetermined block numbers in the future.
What do you mean by your statement "if someone would want to request funds for personal reasons how would that go?"
By the new coins showing in the wallet you mean both the slowly maturing coins of 50% + the 30%? Will the slow maturing coin be in my wallet or hold elsewhere?
By the last statement i mean, lets say i would like to have my slowly maturing coins back all at once because of personal reasons, is this possible?
No, it would be written into the code and unalterable except by a developer fork. The reason they mature slowly is to stabilize the coin supply and prevent massive dumping. Additionally, slow coin maturation encourages investors to stay involved with the coin for the long haul, rather than just looking for a quick pump & dump. However, you should also remember that your percentage of total coin supply will not change during the initial phase of coin distribution, so your relative Core wealth remains the same no matter how many coins have matured.
I don't mine but I can see why miners are selling right away. They see the value keeps dropping so each one hurries to unload.
If they were united they could stop the bleeding but they're not and there's no miners union [yet]. Just like if all the Bitcoin holders would hold and not sell on every little spike, the price would keep going up because there's a serious shortage of BTC but unfortunate the masses don't think long term and neither to they think about anyone else.
This makes them very predicable and those with lots of money to invest use it to their advantage to get even richer. On the bright side, they do greater huge buying opportunities like right now and then create huge selling opportunities when buying into a coin at a much greater price than they should.
i will be personally happy if more than 10 million are unloaded at this price because it will never go back to the original owners, lets not forget the key markets in China and Russia, this is effective distribution.
there are information tiers - the mining tier the 6 month tier ( which have both now past)
then we move on to the first information tier level, that's us and we are definitely not the same group as the mining + 6 months tier.
1st Tier (you are here now) - is chaos and development, the "extreme insiders" and the future market pioneers.
2nd Teir will come with hardware wallets - (this should also accompany trending) (and will be the longest by far) (the fiat economy "collapses" here)
3rd tier is - "normalization" then "competition" (this is the tier when Quark has real competition with possible "sovereign" crypto) Volatility will come back here to a degree.
Investors are already "rewarded" buying up to 3000 sat.
+1
Exactly.
I am happy about the low price now, and I know that this opportunity will soon disappear, and prices will soon rise again.
Why are some crypto people so impatient? And make all kinds of strange manipulative plans and intrusive demands?
This baby is about a year old, for crying out loud!!!
Let it grow!
There is no better indicator of a coins value than the free market.
Quark has a low value because it deserves it.
That's what you call price discovery, that is the exact price that quark deserves now.
Quark's price will grow when people use it for serious business. (I have some plans myself)
And only then.
So help create serious business, NOT this kind of shady protocol manipulation that would make the FED proud of you.
I'm impressed with the draft, what i like about Peter is that he as an ambitious dev (or one of the devs) of this coin who is connected to the community and is a strong favour of transparency, this alone build trust.
I invest in cryptocurrencies so I DON'T NEED to trust other people IN THE FIRST PLACE.
Seriously, can someone summarize in a few words or sentences what this whole Proof of Burn is all about?
And why we should need it, instead of just building serious business around quark?
the voice of sanity, (will be subsequently ignored)
To be fair Georgem, it is their job , they failed Uni and have huge debts, so now they troll the internet and get thrown a trinket from their masters every now an again, (kind of like the winged monkeys Vermin Supreme talked of) (forget the phoney vote for the pony)
patience is not a virtue when your house is on fire.
Seriously, can someone summarize in a few words or sentences what this whole Proof of Burn is all about?
And why we should need it, instead of just building serious business around quark?
It's a new coin allowing Quarkers to leave the community without losing their share. Parts of the community have no interest on working on quark anymore due to issues with lack of dev support, lack of professionalism from kolin and some quark flaws which are hard to fix. I myself will lose $140k on quark if i would sell now and the mentality of "don't worry guys price will go up next Bitcoin bubble" is just wrong and not guaranteed at all. It could happen but it goes for all alts including the coin these guys working on.
I think max is now much more active than before, so "lack of dev support" shouldn't be a problem anymore, yes?
Lack of professionalism from kolin? Who cares about his antics. Last time I checked the quarkcoin logo, his face isn't on it.
What are those "quark flaws" you are talking about? Can you be more specific. Low hashrate is NOT a problem of the protocol. Low price isn't either.
Other than that, I agree with you... just hoping that QRK will rise in an eventual next bitcoin boom is wrong. It is possible that we have no boom at all, it is also possible we have a boom without positive effect for quark too... there are many possibilites.
Ofcourse, people have to get active themselves and stop believing that they will become rich without reason. They must create a reason.
(e.g. I am working on an idea to use quark as a means of funding for software creation (I am a programmer that would take QRK)... will tell more soon, in the meantime enjoy my GIFS)
Seriously, can someone summarize in a few words or sentences what this whole Proof of Burn is all about?
And why we should need it, instead of just building serious business around quark?
http://www.reddit.com/r/QuarkCoin/comments/2d5521/proof_of_burn_concept_alpha_draft/
I don't mine but I can see why miners are selling right away. They see the value keeps dropping so each one hurries to unload.
If they were united they could stop the bleeding but they're not and there's no miners union [yet]. Just like if all the Bitcoin holders would hold and not sell on every little spike, the price would keep going up because there's a serious shortage of BTC but unfortunate the masses don't think long term and neither to they think about anyone else.
This makes them very predicable and those with lots of money to invest use it to their advantage to get even richer. On the bright side, they do greater huge buying opportunities like right now and then create huge selling opportunities when buying into a coin at a much greater price than they should.
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