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Topic: [ANN] [QRK] Quark | Core 0.10 upgrade - page 18. (Read 1031025 times)

sr. member
Activity: 700
Merit: 254
We are all friends, aren't we?
hero member
Activity: 487
Merit: 500

Thank you my friend.



Yes? DI is your friend? Ok I got the full picture I guess.
Sorry guys this is too easy! You are creative people, maybe think of another role for DI than a big Chinese Quark investor  Wink

That"s funny. I am totally transparent with who I am, my name is Craig Pond and I live in New Zealand. I am the father of 4 beautiful children and I have exceptionally, absolutely, beautiful wife of who I am in love with dearly.

I would not do wrong. Please ask me of who I am my friend before you do what you are currently doing.    

Aha, and you have no idea who DI is?

Edit 1. Please stop calling me a friend, because it is obvious you don't feel it that way Wink
hero member
Activity: 487
Merit: 500

Thank you my friend.



Yes? DI is your friend? Ok I got the full picture I guess.
Sorry guys this is too easy! You are creative people, maybe think of another role for DI than a big Chinese Quark investor  Wink
jr. member
Activity: 180
Merit: 4

         - Inflation change from 0.5%/annum, infinite supply to 3-3.5% per annum. This preserves the original intent of a switch to low inflation following an original mining period, with a constant supply into the future to preserve mining incentive indefinitely
         - Using the 3.5% figure, have a split of 1.35% POS, 1.85% POW, 0.3% Development
         - Have the development funding placement into escrow or multisig requiring address

4-10 months:
         - Engage developers to look at implementing a sidechain with anon features - this allows an anonymity solution while ensuring that there is a public transaction record for Quark proper to ensure transparency
                         - Have a deflationary charge built into the system when taking the coins off chain - ie. remove a small subset (maybe 0.1% of the sent coins from circulation when taking chains onto the side chain)
                                    - This offsets some of the additional inflation being built in by the increase in coin supply as per above



I am a private investor in China.

Since 2013, I began to support the quark COINS, because the Chinese government, digital currency prices began to decline, but did not see the rebound in the quarks, I don't know why, but I know now.

It is a pleasure and a great appreciation to have seen all the positive action recently.

The key I want to say is: everyone knows that quark on an extra 1 million a year, you can upgrade innovation, add people feel great science and technology, but don't increase the total amount.

The first、 Why we watch the digital currency is that it won't print as much as they want to print like paper, and if We're going to change it to 7-8 million because the market price is low this time , the next time change to 10-20 million - when you like, What's the difference between it and paper money? If you do that, many Chinese investors will see this currency as a game, not a future.

The second、Let's say 10 years from now  BTC is a trillion dollars and quark successfully raised hundred billion of magnitude or more, according to 3.5% a year, will be at a certain price point, the market can't afford this 3.5%  causes the price no longer growth , or even fall. So you can expect the price of a currency to go down in a certain amount of time, and people also lose coin because of 0.1% rules,This is terrible.

My suggestion is that we can reduce the setting of one quark per block, for example 0.1 to 0.3 quarks or other quantities. When the price is high enough, there will be more and more people digging.

Really reduce miners, is not the amount of 1 million is too little, but for some reason did not move over the past two years, when we started running again, prices will rebound, at that time, people will come back.

And Now we don't need too much innovation, in a bull market, all COINS in btc38 have increased nearly 10 times, only the quark did not move, just need to the development team to release some news, is enough to make the price more than 5 times. It is an opportunity.

I'll do a little bit of help if I can.

Hi ghzsymc2 - I am very happy to see one of Quark's Chinese investors join the conversation - historically it was very hard to know how the coin was being perceived and discussed in China. Your input is very much appreciated.

I historically completely agreed with you - however, we have 4 years of data which indicates that the current 0.5% inflation is simply not adequate to secure the network, as the miners are not being paid enough to support a hashrate that can properly secure the network and prevent it from being very vulnerable to 51% attack. This is made worse if we switch to a hybrid POS/POW system is we do not increase the inflation, as the 0.5% would have to been split between the two systems - POW (miners) and POS (stakers/masternodes), making each that much less profitable, and thus that much less appealing to both parties. The current situation is the result of us not taking action when we as a community realized this was going to be the truth. This drove away a lot of the external broader bitcoin community because they didn't trust the coins future health.

Currently, there are 2,880 new Quark per day - at the current market rate, this is $14.4 per day being paid to miners to secure the network. This is getting us approx a little over 500 Mhash (https://bitinfocharts.com/comparison/quarkcoin-hashrate.html). There are people on this forum with more hashrate than this in a single mining farm (https://bitcointalksearch.org/topic/wts-6500-mhash-gpu-mining-farm-65803), meaning the network is vulnerable. Even a 10-fold increase in value only gives the miners $144/day, which is likewise far too low to adequately secure the network.

The other thing is that the coin needs development funding - we have also seen where the lack of development funding has led us - to the lack of development for years at a time, while coins like Dash has persisted and are self-supporting by virtue of the fact that they essentially have a continuous eternal source of development capital to reinvest.

On your point about continual changes when things get difficult - I **completely** agree that we cannot do this again. This is why we need to get it right this time, right now. I agree that it fundamentally undermines the investor confidence through creating uncertainty in what the underlying fundamentals of your investment is if it changes. However, this I believe is a situation that really requires fundamental change - while honoring the original ideals as I tried to address in the quoted post.

We are committed to restoring Quark to what it should have been - this is a fresh start for a coin that was once great and I really truly believe that we can get it moving towards regaining its status as a premium coin. The community and the investors deserve this and its been too long coming.


still
Thank you very much, because you, the quarks are moving again.

I discussed the following in the Chinese support group

Pow/pos is good

Only when the price is high can you be motivated to dig a mine, and the price has gone up a hundred times, not even to the dollar. If the quarks do well again, they will be up to a thousand times higher, then the price will be enough to make the network stable.

Is the main reason of the low price have no news of the development team over the past two years, and when we act, we will come back, I can do some propaganda work.

Increasing supply is unfair to the owners of the old currency

The easy change in total means centralization

3.5 per cent will weaken the value of the quarks in the future

Think about what's going to keep us believing in quarks when prices drop by more than 100 times.

We can learn their good patterns, but not necessarily the total amount. Doing some good promotion, upgrading, we will see more and more people coming to the community.

I'm just going to give you some advice,
Ultimately, it's up to the quarks team to make a decision. And we will accept that it will only change the end goal.

I love Quark
sr. member
Activity: 916
Merit: 312
Setting up an exchange with fees used to buy quark to burn would be useful in controlling inflation.

Anyway we may need a coin swap so that may cut back the quark supply drastically.

We need some coins for dev funding and paying masternodes/pos

Sadly the fatal flaw with quark was the emission the only way to fix is inflate it now slightly.



To this point, I'd be unsurprised if the effective coin supply is much less than 250,000,000 at this point with cryptsy closing.

i notice a lot of wallets were recovered from there...wonder about the qrk wallet and how much is in it. Someone must know.

Hmm interesting. Its a good question I'm not certain of the answer to.

7,527,236.00 Quarks were recovered from Cryptsy wallet. You can find this info (and for other coins too) in this document on pages 19 and 20:

http://cryptsyreceivership.com/v1/wp-content/uploads/2016/06/CCF_000148.pdf
sr. member
Activity: 359
Merit: 250
Setting up an exchange with fees used to buy quark to burn would be useful in controlling inflation.

Anyway we may need a coin swap so that may cut back the quark supply drastically.

We need some coins for dev funding and paying masternodes/pos

Sadly the fatal flaw with quark was the emission the only way to fix is inflate it now slightly.



To this point, I'd be unsurprised if the effective coin supply is much less than 250,000,000 at this point with cryptsy closing.

i notice a lot of wallets were recovered from there...wonder about the qrk wallet and how much is in it. Someone must know.

Hmm interesting. Its a good question I'm not certain of the answer to.

well if there is a coinswap that needs to be isolated and blocked....cant swap stolen coins.

Wholeheartedly agree.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Setting up an exchange with fees used to buy quark to burn would be useful in controlling inflation.

Anyway we may need a coin swap so that may cut back the quark supply drastically.

We need some coins for dev funding and paying masternodes/pos

Sadly the fatal flaw with quark was the emission the only way to fix is inflate it now slightly.



To this point, I'd be unsurprised if the effective coin supply is much less than 250,000,000 at this point with cryptsy closing.

i notice a lot of wallets were recovered from there...wonder about the qrk wallet and how much is in it. Someone must know.

Hmm interesting. Its a good question I'm not certain of the answer to.

well if there is a coinswap that needs to be isolated and blocked....cant swap stolen coins.
sr. member
Activity: 359
Merit: 250
Setting up an exchange with fees used to buy quark to burn would be useful in controlling inflation.

Anyway we may need a coin swap so that may cut back the quark supply drastically.

We need some coins for dev funding and paying masternodes/pos

Sadly the fatal flaw with quark was the emission the only way to fix is inflate it now slightly.



To this point, I'd be unsurprised if the effective coin supply is much less than 250,000,000 at this point with cryptsy closing.

i notice a lot of wallets were recovered from there...wonder about the qrk wallet and how much is in it. Someone must know.

Hmm interesting. Its a good question I'm not certain of the answer to.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Setting up an exchange with fees used to buy quark to burn would be useful in controlling inflation.

Anyway we may need a coin swap so that may cut back the quark supply drastically.

We need some coins for dev funding and paying masternodes/pos

Sadly the fatal flaw with quark was the emission the only way to fix is inflate it now slightly.



To this point, I'd be unsurprised if the effective coin supply is much less than 250,000,000 at this point with cryptsy closing.

i notice a lot of wallets were recovered from there...wonder about the qrk wallet and how much is in it. Someone must know.
sr. member
Activity: 359
Merit: 250
Setting up an exchange with fees used to buy quark to burn would be useful in controlling inflation.

Anyway we may need a coin swap so that may cut back the quark supply drastically.

We need some coins for dev funding and paying masternodes/pos

Sadly the fatal flaw with quark was the emission the only way to fix is inflate it now slightly.



To this point, I'd be unsurprised if the effective coin supply is much less than 250,000,000 at this point with cryptsy closing.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
Setting up an exchange with fees used to buy quark to burn would be useful in controlling inflation.

Anyway we may need a coin swap so that may cut back the quark supply drastically.

We need some coins for dev funding and paying masternodes/pos

Sadly the fatal flaw with quark was the emission the only way to fix is inflate it now slightly.

sr. member
Activity: 359
Merit: 250

         - Inflation change from 0.5%/annum, infinite supply to 3-3.5% per annum. This preserves the original intent of a switch to low inflation following an original mining period, with a constant supply into the future to preserve mining incentive indefinitely
         - Using the 3.5% figure, have a split of 1.35% POS, 1.85% POW, 0.3% Development
         - Have the development funding placement into escrow or multisig requiring address

4-10 months:
         - Engage developers to look at implementing a sidechain with anon features - this allows an anonymity solution while ensuring that there is a public transaction record for Quark proper to ensure transparency
                         - Have a deflationary charge built into the system when taking the coins off chain - ie. remove a small subset (maybe 0.1% of the sent coins from circulation when taking chains onto the side chain)
                                    - This offsets some of the additional inflation being built in by the increase in coin supply as per above



I am a private investor in China.

Since 2013, I began to support the quark COINS, because the Chinese government, digital currency prices began to decline, but did not see the rebound in the quarks, I don't know why, but I know now.

It is a pleasure and a great appreciation to have seen all the positive action recently.

The key I want to say is: everyone knows that quark on an extra 1 million a year, you can upgrade innovation, add people feel great science and technology, but don't increase the total amount.

The first、 Why we watch the digital currency is that it won't print as much as they want to print like paper, and if We're going to change it to 7-8 million because the market price is low this time , the next time change to 10-20 million - when you like, What's the difference between it and paper money? If you do that, many Chinese investors will see this currency as a game, not a future.

The second、Let's say 10 years from now  BTC is a trillion dollars and quark successfully raised hundred billion of magnitude or more, according to 3.5% a year, will be at a certain price point, the market can't afford this 3.5%  causes the price no longer growth , or even fall. So you can expect the price of a currency to go down in a certain amount of time, and people also lose coin because of 0.1% rules,This is terrible.

My suggestion is that we can reduce the setting of one quark per block, for example 0.1 to 0.3 quarks or other quantities. When the price is high enough, there will be more and more people digging.

Really reduce miners, is not the amount of 1 million is too little, but for some reason did not move over the past two years, when we started running again, prices will rebound, at that time, people will come back.

And Now we don't need too much innovation, in a bull market, all COINS in btc38 have increased nearly 10 times, only the quark did not move, just need to the development team to release some news, is enough to make the price more than 5 times. It is an opportunity.

I'll do a little bit of help if I can.

Hi ghzsymc2 - I am very happy to see one of Quark's Chinese investors join the conversation - historically it was very hard to know how the coin was being perceived and discussed in China. Your input is very much appreciated.

I historically completely agreed with you - however, we have 4 years of data which indicates that the current 0.5% inflation is simply not adequate to secure the network, as the miners are not being paid enough to support a hashrate that can properly secure the network and prevent it from being very vulnerable to 51% attack. This is made worse if we switch to a hybrid POS/POW system is we do not increase the inflation, as the 0.5% would have to been split between the two systems - POW (miners) and POS (stakers/masternodes), making each that much less profitable, and thus that much less appealing to both parties. The current situation is the result of us not taking action when we as a community realized this was going to be the truth. This drove away a lot of the external broader bitcoin community because they didn't trust the coins future health.

Currently, there are 2,880 new Quark per day - at the current market rate, this is $14.4 per day being paid to miners to secure the network. This is getting us approx a little over 500 Mhash (https://bitinfocharts.com/comparison/quarkcoin-hashrate.html). There are people on this forum with more hashrate than this in a single mining farm (https://bitcointalksearch.org/topic/wts-6500-mhash-gpu-mining-farm-65803), meaning the network is vulnerable. Even a 10-fold increase in value only gives the miners $144/day, which is likewise far too low to adequately secure the network.

The other thing is that the coin needs development funding - we have also seen where the lack of development funding has led us - to the lack of development for years at a time, while coins like Dash has persisted and are self-supporting by virtue of the fact that they essentially have a continuous eternal source of development capital to reinvest.

On your point about continual changes when things get difficult - I **completely** agree that we cannot do this again. This is why we need to get it right this time, right now. I agree that it fundamentally undermines the investor confidence through creating uncertainty in what the underlying fundamentals of your investment is if it changes. However, this I believe is a situation that really requires fundamental change - while honoring the original ideals as I tried to address in the quoted post.

We are committed to restoring Quark to what it should have been - this is a fresh start for a coin that was once great and I really truly believe that we can get it moving towards regaining its status as a premium coin. The community and the investors deserve this and its been too long coming.

sr. member
Activity: 359
Merit: 250

You know what I think is the only way forward. PUBLIC REPENTANCE.

This is all but forgotten is our current day and age. But I can tell you that repentance and forgiveness are foundations that will never ever be broken. They are woven into creation itself and produce healing and productiveness. This is truth.

I will start.

I for one am very sorry for not contributing or participating years ago with Quark. I sat back and waited passively for everyone else to do the work on Quark.

I sincerely apologize for my actions. This was wrong. I had expectations on people that should have been upon myself.

So Please forgive me. I will now be participating and contributing and I hope you will accept my apology.

I really believe if we can all repent and forgive one another, that we will have something very special here. We can restore the wrongdoing by repentance and forgiveness.

The Crypto space was very immature back years ago. I feel we have begun adolescent period where we are establishing ourselves. We are maturing. Even the authorities are maturing.

Why don't we come together and put the past behind us and put it right with one another and make a new beginning with the intent of making all those involved whole again.

Can we all be mature enough to get past the dishonest, negative history of Quark??

I sure hope so.
 

In this vein - I am very sorry that I was not able to get Quark into a position to succeed. It has really weighed on my the last few years how all of this was left, and I am sorry that the great group of people we had couldn't have collectively come together and enacted a plan to get the coin moving in the right direction. This is our chance to finally do so.
newbie
Activity: 6
Merit: 0

         - Inflation change from 0.5%/annum, infinite supply to 3-3.5% per annum. This preserves the original intent of a switch to low inflation following an original mining period, with a constant supply into the future to preserve mining incentive indefinitely
         - Using the 3.5% figure, have a split of 1.35% POS, 1.85% POW, 0.3% Development
         - Have the development funding placement into escrow or multisig requiring address

4-10 months:
         - Engage developers to look at implementing a sidechain with anon features - this allows an anonymity solution while ensuring that there is a public transaction record for Quark proper to ensure transparency
                         - Have a deflationary charge built into the system when taking the coins off chain - ie. remove a small subset (maybe 0.1% of the sent coins from circulation when taking chains onto the side chain)
                                    - This offsets some of the additional inflation being built in by the increase in coin supply as per above



I am a private investor in China.

Since 2013, I began to support the quark COINS, because the Chinese government, digital currency prices began to decline, but did not see the rebound in the quarks, I don't know why, but I know now.

It is a pleasure and a great appreciation to have seen all the positive action recently.

The key I want to say is: everyone knows that quark on an extra 1 million a year, you can upgrade innovation, add people feel great science and technology, but don't increase the total amount.

The first、 Why we watch the digital currency is that it won't print as much as they want to print like paper, and if We're going to change it to 7-8 million because the market price is low this time , the next time change to 10-20 million - when you like, What's the difference between it and paper money? If you do that, many Chinese investors will see this currency as a game, not a future.

The second、Let's say 10 years from now  BTC is a trillion dollars and quark successfully raised hundred billion of magnitude or more, according to 3.5% a year, will be at a certain price point, the market can't afford this 3.5%  causes the price no longer growth , or even fall. So you can expect the price of a currency to go down in a certain amount of time, and people also lose coin because of 0.1% rules,This is terrible.

My suggestion is that we can reduce the setting of one quark per block, for example 0.1 to 0.3 quarks or other quantities. When the price is high enough, there will be more and more people digging.

Really reduce miners, is not the amount of 1 million is too little, but for some reason did not move over the past two years, when we started running again, prices will rebound, at that time, people will come back.

And Now we don't need too much innovation, in a bull market, all COINS in btc38 have increased nearly 10 times, only the quark did not move, just need to the development team to release some news, is enough to make the price more than 5 times. It is an opportunity.

I'll do a little bit of help if I can.
     I agree with you. Inflation makes money worth less. We would be just like government money. No better than the Federal Reserve.
jr. member
Activity: 180
Merit: 4

         - Inflation change from 0.5%/annum, infinite supply to 3-3.5% per annum. This preserves the original intent of a switch to low inflation following an original mining period, with a constant supply into the future to preserve mining incentive indefinitely
         - Using the 3.5% figure, have a split of 1.35% POS, 1.85% POW, 0.3% Development
         - Have the development funding placement into escrow or multisig requiring address

4-10 months:
         - Engage developers to look at implementing a sidechain with anon features - this allows an anonymity solution while ensuring that there is a public transaction record for Quark proper to ensure transparency
                         - Have a deflationary charge built into the system when taking the coins off chain - ie. remove a small subset (maybe 0.1% of the sent coins from circulation when taking chains onto the side chain)
                                    - This offsets some of the additional inflation being built in by the increase in coin supply as per above



I am a private investor in China.

Since 2013, I began to support the quark COINS, because the Chinese government, digital currency prices began to decline, but did not see the rebound in the quarks, I don't know why, but I know now.

It is a pleasure and a great appreciation to have seen all the positive action recently.

The key I want to say is: everyone knows that quark on an extra 1 million a year, you can upgrade innovation, add people feel great science and technology, but don't increase the total amount.

The first、 Why we watch the digital currency is that it won't print as much as they want to print like paper, and if We're going to change it to 7-8 million because the market price is low this time , the next time change to 10-20 million - when you like, What's the difference between it and paper money? If you do that, many Chinese investors will see this currency as a game, not a future.

The second、Let's say 10 years from now  BTC is a trillion dollars and quark successfully raised hundred billion of magnitude or more, according to 3.5% a year, will be at a certain price point, the market can't afford this 3.5%  causes the price no longer growth , or even fall. So you can expect the price of a currency to go down in a certain amount of time, and people also lose coin because of 0.1% rules,This is terrible.

My suggestion is that we can reduce the setting of one quark per block, for example 0.1 to 0.3 quarks or other quantities. When the price is high enough, there will be more and more people digging.

Really reduce miners, is not the amount of 1 million is too little, but for some reason did not move over the past two years, when we started running again, prices will rebound, at that time, people will come back.

And Now we don't need too much innovation, in a bull market, all COINS in btc38 have increased nearly 10 times, only the quark did not move, just need to the development team to release some news, is enough to make the price more than 5 times. It is an opportunity.

I'll do a little bit of help if I can.
full member
Activity: 229
Merit: 100
213.32.98.226
95.183.52.52
69.9.43.163
125.238.166.39
208.94.242.218
88.101.6.125
sr. member
Activity: 916
Merit: 312
There are almost no nodes after wallet upgrade to 10.4.3 and later versions.I get 1,very rarely 2.It is high risk for network safety.
full member
Activity: 800
Merit: 143

We're having internal discussions right now regarding a change in the inflation percentage in order to promote mining/staking which would then also provide income for masternodes as well. Max is looking at POS/POW implementations right now. We're also looking at 10% for development as well.

Great suggestions. This could really bring the coin to life.

Yeah, I agree - I think this will really get the coin back on its feet, and get us moving again. Once the core of the upgrades is in place, and we have some more development funding we will make sure to get additional manpower to help support Max as well. I think this is really moving in the right direction.

More important still what is max saying?

If he is wasting time on these other coins with a load of different usernames then that is a very bad indication for the future of quark.

If those allegations are groundless then lets hear what he says. I hope they are groundless.

Wasting time on these projects whilst neglecting an aged and famous coin like quark is foolish.

Let's hope he says something anyway soon. Also if he is 100% going to focus on qrk now i hope he has incentive to see it through.


However, before anyone goes too far to revitalize on this one it I would warn that, speaking from experience... its history is steeped in shady dealings and therefore the only hope for its future is for present bagholders to get a good dump into the current altcoin craze/ pumps... Too bad we couldn't get something like a Pivx going when we were working so hard and looking for our long lost dev who was found working on Myriad and other coins...The dev who refused to realize that his right hand man "digital industry" was a complete and total scam artist, who actually worked against Quark for his own (and friends) purposes (i.e., selling to get more bitcoin)
Best hope for this coin (which *had* great potential!) is to start from scratch, Quark 2.0, with adequate time for all to prepare for launch(i.e. no scammy premine...)

So you don't recomand to invest in this coin?
sr. member
Activity: 359
Merit: 250

We're having internal discussions right now regarding a change in the inflation percentage in order to promote mining/staking which would then also provide income for masternodes as well. Max is looking at POS/POW implementations right now. We're also looking at 10% for development as well.

Great suggestions. This could really bring the coin to life.

Yeah, I agree - I think this will really get the coin back on its feet, and get us moving again. Once the core of the upgrades is in place, and we have some more development funding we will make sure to get additional manpower to help support Max as well. I think this is really moving in the right direction.

More important still what is max saying?

If he is wasting time on these other coins with a load of different usernames then that is a very bad indication for the future of quark.

If those allegations are groundless then lets hear what he says. I hope they are groundless.

Wasting time on these projects whilst neglecting an aged and famous coin like quark is foolish.

Let's hope he says something anyway soon. Also if he is 100% going to focus on qrk now i hope he has incentive to see it through.


However, before anyone goes too far to revitalize on this one it I would warn that, speaking from experience... its history is steeped in shady dealings and therefore the only hope for its future is for present bagholders to get a good dump into the current altcoin craze/ pumps... Too bad we couldn't get something like a Pivx going when we were working so hard and looking for our long lost dev who was found working on Myriad and other coins...The dev who refused to realize that his right hand man "digital industry" was a complete and total scam artist, who actually worked against Quark for his own (and friends) purposes (i.e., selling to get more bitcoin)
Best hope for this coin (which *had* great potential!) is to start from scratch, Quark 2.0, with adequate time for all to prepare for launch(i.e. no scammy premine...)


Hi coinmama - its good to see you. Please check your pm.
full member
Activity: 133
Merit: 100

Although this all seems kind of annoying he would waste time on these other projects when the top alt (except) LTC of 2013 with one of the best names QUARK and most famous project is reduced to a shadow of itself...... if it is true anyway.

It is not all bad. The guy can obviously code and has some good skill set. PIVX is using quark algo 4 years later and quark algo is still one of the best.


Do you know what annoyed me?
Not that he copied dozens of other coins
Not that he wastes time on other projects
That is his own problem.

What annoys me is:
that "Max", who cloned Quark, works together with immoral people.
If it was about fiat money, I would call it a "criminal organization".
For Max and his friends the alt coin scene is a "wild west" scene; Everything is allowed.
Therefore instead of a "criminal organization" I will call Max and his team a "wild west organization".

And yes, he can code (or copy/paste), that is why he is included in this wild west organization.

Every clone of him follows more or less the same pattern:
Coin is announced as a fair new coin without a pre-mine, it is always picked up by the same mine pool, and after it is mined as hell (by this "wild west organization") the coin is listed at the same shady exchange where all his coins (also the ones which are more or less dead) are listed.
How shady the exchange is, I did read here in this thread: https://bitcointalksearch.org/topic/m.12934107

And then the scammers he cooperates with. At Quark we all know of course Digitalindustry. But there are more like this one;
https://bitcointalksearch.org/topic/m.10667896
(I call him the UNO scammer, because he runs a moderated UNO thread at bitcointalk where you can find his dozens of sockpuppets).
"Max" now and then visits the UNO thread: https://bitcointalksearch.org/topic/m.10067608
This UNO scammer also now and then visits the Quark thread, therefore I am confident he holds a significant amount of Quark too:
https://bitcointalksearch.org/topic/m.11199646

The complete "wild west team" is an anonymous group of people, hiding their self behind their sockpuppet accounts.

And what annoys me the most is that Max announces his copied coins as a "community coin". He and his team creates a "foundation" for his coins. The foundation is usually a group of naive, integer people who market his coins. Meanwhile the "wild west team" is cashing the mined coins.



I hope you have enough quark now and enough sense to see quark is a project that needs to be brought back...



Don't be afraid, he and "his friends" has more than enough to manipulate the Quark market on the right moment. Just be patient. You don't need to do anything.
Yes, exactly... So nice to see some people still keeping an eye on things after all this time!
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