Topic: [ANN] [QRK] Quark | Core 0.10 upgrade - page 237. (Read 1031025 times)

I had QRK since 23rd November. The lucky return I got (>30000%) is far beyond anything that could come in the future (in my eyes).

On top of that I could now buy double the amount of QRK of the Dec.14 sale with the BTC gained -- if I wanted to.

Anyhow as I said, good luck, have fun! I don't hate on Quark and its holders. I am personally out due to different factors.

No offense, be well! hope QRK as well

I don't understand your point. Quark will always have coins to mine! There will be 1 million per year. Mining these will always be profitable for those that don't pay for electricity and depending on price, mining might be profitable for those that do pay for electricity, consequently, Quark will always be mined and so the network will always be viable! This is a very important fact.

How can you call that a mistake ?  If he sold all his quark for BTC on the 14 he can buy now twice the amount.

That was a mistake , but you have plenty of time friend . Early days.

really , people still care about this instamined coin?

I have 0 QRK now. Sold the entire stash at Dec. 14

Wish all the best to everyone, good luck

A lot of people really don't understand what makes a cryptocurrency succeed.

First the coin must be on an exchange, multiple exchanges is even better. Quark meets this requirement.

Second the coin must have a viable and sustaining network. How is this accomplished? Normally there is a pump and dump scheme where a large group of miners rape the coin and dump it at any price to make money. Unfortunately the result is that the price plunges and soon nobody wants to own it (invest in it) because it is nearly worthless. Eventually the situation changes when the coin is nearly completely mined and the block reward is small, the constant mining and dumping no longer affects the price because the reward size is so small compared to the total number of coins. For nearly every coin except Quark this is many tens of years from now. For Quark because of its rapid distribution this situation will occur in the next few weeks to a month. The mining and dumping of coins will have little effect on the price because the block reward will be so small compared to the number of coins being traded. However, because it is still mined by those that don't pay for electricity the network remains viable and robust.

What is the result of this situation of having most of the coins distributed and having a sustaining amount distributed by mining to keep the network viable?

A coin that is investment grade. There is a natural trend for the price to rise and big money (i.e., wall street money) has already begun to invest in Quark.

A lot of people really don't understand what makes a cryptocurrency succeed.

First the coin must be on an exchange, multiple exchanges is even better. Quark meets this requirement.

Second the coin must have a viable and sustaining network. How is this accomplished? Normally there is a pump and dump scheme where a large group of miners rape the coin and dump it at any price to make money. Unfortunately the result is that the price plunges and soon nobody wants to own it (invest in it) because it is nearly worthless. Eventually the situation changes when the coin is nearly completely mined and the block reward is small, the constant mining and dumping no longer affects the price because the reward size is so small compared to the total number of coins. For nearly every coin except Quark this is many tens of years from now. For Quark because of its rapid distribution this situation will occur in the next few weeks to a month. The mining and dumping of coins will have little effect on the price because the block reward will be so small compared to the number of coins being traded. However, because it is still mined by those that don't pay for electricity the network remains viable and robust.

What is the result of this situation of having most of the coins distributed and having a sustaining amount distributed by mining to keep the network viable?

A coin that is investment grade. There is a natural trend for the price to rise and big money (i.e., wall street money) has already begun to invest in Quark.

Sorry , but if he indeed had any quarks , if he indeed sold on the 14 , it's like he sold when BTC was 1600 .
Cause the price then was 0.0003 and now 0.00014.

Also , the wisest sold when BTC reached 30$ the first time. What happened next....don't want to remember.

Sorry to hear that, I guess you sold BTC when it hit $30 as well.

In the mean time the website is still the same -- no updates.

Then there's still the difficulty bug -- as the difficulty hits 4 digits, the output is 0.000000

I have 0 QRK now. Sold the entire stash at Dec. 14

Wish all the best to everyone, good luck

Quark's being not profitable to mine is a good think which would make it more valuable.

Quark's being not profitable to mine is a good think which would make it more valuable.