So buying and selling in QRK will move it forward
Yes... with far fewer sales of mined coins.
Gotchya! Time to create some online shops that accept QRK
Topic: [ANN] [QRK] Quark | Core 0.10 upgrade - page 369. (Read 1031025 times)
Yes... with far fewer sales of mined coins.
Gotchya! Time to create some online shops that accept QRK
So buying and selling in QRK will move it forward
Yes... with far fewer sales of mined coins.
So buying and selling in QRK will move it forward
So what does that mean? QRK prices will rise slower than other coins?
It means that there will be less freshly mined Quarkcoins relative to the existing supply... rather more similar to Gold. Other coins continue to be mined in larger quantities for many years, and one would assume the miners would need to sell constantly in that case.
The price of Quark in the coming years will have less influence from mining sales.
I would also propose a cap to the 0.5 % inflation after 3 years -
...
then 3 following years of .05% inflation .
...
then 3 following years of .05% inflation .
At the moment Quark will have 0.5% inflation after coin generation. I'm open to have a community vote on what the inflation should be.
At the moment of launch, and the months that follow, is crucial to adopt strategies that ultimately aim to increase adoption. So, I guess the question we should ask is this: —How does the 0.5% inflation rate affects early adoption?
Many people rush to invest in cryptocoins because of their deflationary nature, not all, but most of them are, and we have Bitcoin to blame. The word "inflation" and the term "inflationary currency" can, and possibly will, scare uneducated investors who fail to understand the advantages of Quarkcoins.
With that in mind, here's an alternative kickstart strategy:
1. Keep the inflation concept within the coin. (The argument is QRK is suppose to be a currency, not an asset) — But...
2. For the initial years, set the inflation rate to 0%, and raise the reward fees. (That will attract miners and investors alike) — Then...
3. Set a GOAL. Once the currency achieve parity to the dollar, lower the reward fees, and kick in the maintenance inflation. Safe and sound.
At the moment, it seems that Quarkcoins are growing at a steady rate, and as that happen, more people get interested in learning about them. While I'm just an amateur in economics, I'm an expert in communication, and surprising as it may sounds for some, words can make or break a deal.
Fair comments: Just one most important point to consider..
Unlike (nearly all) other coins, Quark has a rapidly stepping-down block reward. That means that the vast majority of the coins have already been mined. The 'inflation' is therefore important to maintain the mining support (transaction fees would also do that, but the mining gives more flexibility). The 'inflation' element in other coins is greater for many years , as they will take much longer to mine out.
So what does that mean? QRK prices will rise slower than other coins?
I would also propose a cap to the 0.5 % inflation after 3 years -
...
then 3 following years of .05% inflation .
...
then 3 following years of .05% inflation .
At the moment Quark will have 0.5% inflation after coin generation. I'm open to have a community vote on what the inflation should be.
At the moment of launch, and the months that follow, is crucial to adopt strategies that ultimately aim to increase adoption. So, I guess the question we should ask is this: —How does the 0.5% inflation rate affects early adoption?
Many people rush to invest in cryptocoins because of their deflationary nature, not all, but most of them are, and we have Bitcoin to blame. The word "inflation" and the term "inflationary currency" can, and possibly will, scare uneducated investors who fail to understand the advantages of Quarkcoins.
With that in mind, here's an alternative kickstart strategy:
1. Keep the inflation concept within the coin. (The argument is QRK is suppose to be a currency, not an asset) — But...
2. For the initial years, set the inflation rate to 0%, and raise the reward fees. (That will attract miners and investors alike) — Then...
3. Set a GOAL. Once the currency achieve parity to the dollar, lower the reward fees, and kick in the maintenance inflation. Safe and sound.
At the moment, it seems that Quarkcoins are growing at a steady rate, and as that happen, more people get interested in learning about them. While I'm just an amateur in economics, I'm an expert in communication, and surprising as it may sounds for some, words can make or break a deal.
Fair comments: Just one most important point to consider..
Unlike (nearly all) other coins, Quark has a rapidly stepping-down block reward. That means that the vast majority of the coins have already been mined. The 'inflation' is therefore important to maintain the mining support (transaction fees would also do that, but the mining gives more flexibility). The 'inflation' element in other coins is greater for many years , as they will take much longer to mine out.
I would also propose a cap to the 0.5 % inflation after 3 years -
...
then 3 following years of .05% inflation .
...
then 3 following years of .05% inflation .
At the moment Quark will have 0.5% inflation after coin generation. I'm open to have a community vote on what the inflation should be.
At the moment of launch, and the months that follow, is crucial to adopt strategies that ultimately aim to increase adoption. So, I guess the question we should ask is this: —How does the 0.5% inflation rate affects early adoption?
Many people rush to invest in cryptocoins because of their deflationary nature, not all, but most of them are, and we have Bitcoin to blame. The word "inflation" and the term "inflationary currency" can, and possibly will, scare uneducated investors who fail to understand the advantages of Quarkcoins.
With that in mind, here's an alternative kickstart strategy:
1. Keep the inflation concept within the coin. (The argument is QRK is suppose to be a currency, not an asset) — But...
2. For the initial years, set the inflation rate to 0%, and raise the reward fees. (That will attract miners and investors alike) — Then...
3. Set a GOAL. Once the currency achieve parity to the dollar, lower the reward fees, and kick in the maintenance inflation. Safe and sound.
At the moment, it seems that Quarkcoins are growing at a steady rate, and as that happen, more people get interested in learning about them. While I'm just an amateur in economics, I'm an expert in communication, and surprising as it may sounds for some, words can make or break a deal.
Don't forget about the logo, forums, and website. QRK will grow a lot more once people see how reasonable of a coin it is.
I would also propose a cap to the 0.5 % inflation after 3 years -
...
then 3 following years of .05% inflation .
...
then 3 following years of .05% inflation .
At the moment Quark will have 0.5% inflation after coin generation. I'm open to have a community vote on what the inflation should be.
At the moment of launch, and the months that follow, is crucial to adopt strategies that ultimately aim to increase adoption. So, I guess the question we should ask is this: —How does the 0.5% inflation rate affects early adoption?
Many people rush to invest in cryptocoins because of their deflationary nature, not all, but most of them are, and we have Bitcoin to blame. The word "inflation" and the term "inflationary currency" can, and possibly will, scare uneducated investors who fail to understand the advantages of Quarkcoins.
With that in mind, here's an alternative kickstart strategy:
1. Keep the inflation concept within the coin. (The argument is QRK is suppose to be a currency, not an asset) — But...
2. For the initial years, set the inflation rate to 0%, and raise the reward fees. (That will attract miners and investors alike) — Then...
3. Set a GOAL. Once the currency achieve parity to the dollar, lower the reward fees, and kick in the maintenance inflation. Safe and sound.
At the moment, it seems that Quarkcoins are growing at a steady rate, and as that happen, more people get interested in learning about them. While I'm just an amateur in economics, I'm an expert in communication, and surprising as it may sounds for some, words can make or break a deal.
Just bought some. 
when block price will = 1 ?
how many month?
how many month?
Block reward halves roughly every 21 days. Currently it is at 32 QRK, so another 5 halvings (about 3 months).
I don't see how you can keep people mining the coin off TX fees alone for a continued period of time.
Am I wrong in saying this?
Thoughts?
Inflation is more or less necessary if the coins are supposed to be used in everyday life.
It's wonderful and simple, invest and earn ;-)
I bet You loved the pump : )) 
It's wonderful and simple, invest and earn ;-)
Any nodes. Wallet has 0 connections.
from rag to riches coin in just few days wow 
, i still remember i sold my 1,000,000 QRK few months ago which cost 1.65 btc and now its cost 36 btc
, i still remember i sold my 1,000,000 QRK few months ago which cost 1.65 btc and now its cost 36 btc Is it best to get into a pool with a high hashrate, low hashrate, or does it not matter?
I would think it wouldn't matter but want to be sure.
I would think it wouldn't matter but want to be sure.
With a higher hashrate, you're likely to have "less" profit, but more chance to find a block soon, so I believe you should go to a higher hashrate... At least this is what i'm doing, I must admit I've asked myself the same question
I forget if i asked this question but, How can i mine QRK on a Mac?
i'll Pm max power !
Great! Let me know
I forget if i asked this question but, How can i mine QRK on a Mac?
i'll Pm max power !
Guys can I find windows binaries of the miners somewhere?
Can someone point em to me?
Can someone point em to me?
https://bitcointalksearch.org/topic/m.2948566
Is it best to get into a pool with a high hashrate, low hashrate, or does it not matter?
I would think it wouldn't matter but want to be sure.
I would think it wouldn't matter but want to be sure.
I forget if i asked this question but, How can i mine QRK on a Mac?
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