too much to quote
You don't understand the difference in our opinion because we have different reasons...
You're in for an experiment , I'm in for the money.
And I see my money pile getting smaller while other piles I did put in some other coins are growing.
This is not FUD , it's what i feel it's going down and I don't like it.
The coin is losing momentum , and everybody is focusing on the block reward like that is something it matters.
I spent enough time telling people over at doge , reward halving won't do anything , nobody believed ... the results ... spot on.
Also the amount of people mining , that's only decided by the reward.
Let's say gpu mining becomes a waste of time with every coin out there. Will 100000 miners switch their rig to quark for 14 cents/minute?
Will that make quark price go up ? no!
What will move the coin is.... quarkpayments...that was ...another big lie to pump the coin???
A shrinking community , lots of lost interest , the main promotor (which i don't like anyway) gone to his own coin and so on...
This is not fud , those are facts.
Oh , the price is not going down..
Well its not going down because people are not selling (including me). I can make a coin with my friends and decide we won't sell below 1$ , is that what makes the coin 1$ worth? =)))))
Coins are not carrots to expire , I can hold for another 30 years at least...I hope .. till it will get to 1$ at least.
I don't disagree with what you said here. (IT is more than an experiment for me, but point taken.)
The momentum point is an interesting one. Everyone seems to be looking for the next Crypto, momentum wise. I wonder when this passes, if at all???
I am somewhat worried about the miners leaving but it depends on if the network can maintain security. I believe they have a check for that, somewhat centralized.
If and when the price of QRK rises a fair bit, the miners will return. We do need some "sales" so to speak for what QRK can do. e.g. payment system.
It will be interesting to see what happens if btc keeps going down, if that continutes, we will see many miners leave as power for many are just too expensive at lower prices.
My guess is that this whole "adjustment"/technical problems is going to continue through this month.
I'm holding and expect the Cryptos to start their ascent up early next month.
Tamis - Ah yes, I remember!