QRK -
http://online.wsj.com/article/HUG1747585.html?dsk=yBitcoin Alternative Quark (QRK) Increases In Value 500% In The Last Week
WSJ, sourced from MarketersMedia
Disclaimer: The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: MarketersMedia via Globenewswire
DigitalCoin -
http://online.wsj.com/article/HUG1747591.html?dsk=yTransact at Five Times The Speed of Bitcoin With Popular Bitcoin Alternative DigitalCoin
WSJ, sourced from MarketersMedia
Disclaimer: The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: MarketersMedia via Globenewswire
FRK -
http://online.wsj.com/article/HUG1747586.html?dsk=yBitcoin Alternative Franko (FRK) Merchant Adoption Soaring - Value Increases Another 500%
WSJ, sourced from MarketersMedia
Disclaimer: The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: MarketersMedia via Globenewswire
Eww. As for QRK, first majority of coins to be mined in a 6 month period? Are you kidding? So pretty much you have a bunch of ball swinging bastards with a shitload of these coins playing kings at the whims of fools, and people who want to get rich quick, who say that Bitcoin is too expensive, and need an ASIC to mine with it. Hope QRK fails miserably and the speculators involved along with it.
The coin was designed to mine quickly. No one stopped the community from participating in the early days. And so what if it's held by a small group of people, this goes the same for BTC and LTC. What matters is the coin's usefulness and whether the market will buy it pushing up it's market cap. Think: If a coin is held by 1000 early adopters, then once the market cap rises, you have 1000 people who want to cash out when they make their first million. If a coin is held by just one person, then once the market cap rises, then that one person sells out his first million and is happy and hangs on to rest of his coins for the ride. That's $1 billion vs $1 million of drag. In this regard the coin that is in less hands at the beginning actually poses less of a drag on it's rise. Just because someone is an early adopter of a coin, and they are hoping that the community adopts the coin as a medium of exchange, that doesn't make it a pump and dump. If that's all it takes to be a "pump and dump" then all companies on the planet are all pump and dumps because they owners are hoping to make money. Think "S" curve. That is not a pump and dump. Also if you look at the volume, millions of coins are being traded. Additionally, no one stopped anyone from buying into quark a few weeks ago when you could have bought 1/200th of the total outstanding for what, $5,000? Try that with Bitcoin where at the same time you could have bought 1/2,400,000th of Bitcoin for the same price.