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Topic: At just $1, QUARK will be #3 on the planet - page 2. (Read 10607 times)

legendary
Activity: 1344
Merit: 1001
December 05, 2013, 04:30:09 PM
however you explain it to those that missed out they will still cry scam coin, premine instamine. Who cares what they say, it will exceed everyones expectations and the same people will cry more they did not buy in now.
The don't get that mining is not the most powerful distribution source. The market is. Even now it's distribution grows and grows if it could drop to 10cents for a few weeks and stay there i think it would build an even bigger foundation to build from.

Sure the rocket it took seems extreme but that is because it was way way way undervalued. It will take a while to sink in that quark is not high at all right now it is just catching up to where is should be. It can never sink back to where it was, it was an unknown coin then, now it is talked about by anyone who knows anything at all about crypto. Quark is here to stay long term get used to it. Is it the best coin out there by design....it is certainly up there with the best.

Look to other opportunities instead of crying over missed ones.
And for those who still cry they missed the train or something.. there is still one underrated quite nice coin at similar price right now that quark had month ago :>
legendary
Activity: 1344
Merit: 1001
December 05, 2013, 04:27:20 PM
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
December 05, 2013, 04:25:59 PM
however you explain it to those that missed out they will still cry scam coin, premine instamine. Who cares what they say, it will exceed everyones expectations and the same people will cry more they did not buy in now.
The don't get that mining is not the most powerful distribution source. The market is. Even now it's distribution grows and grows if it could drop to 10cents for a few weeks and stay there i think it would build an even bigger foundation to build from.

Sure the rocket it took seems extreme but that is because it was way way way undervalued. It will take a while to sink in that quark is not high at all right now it is just catching up to where is should be. It can never sink back to where it was, it was an unknown coin then, now it is talked about by anyone who knows anything at all about crypto. Quark is here to stay long term get used to it. Is it the best coin out there by design....it is certainly up there with the best.

Look to other opportunities instead of crying over missed ones.
sr. member
Activity: 420
Merit: 250
Bayern
hero member
Activity: 826
Merit: 501
in defi we trust
December 05, 2013, 12:10:43 PM
So the answer is yes.. this is a scam coin?

it is as much a "scam coin" as BTC is a "scam coin"

quaaaaak , quaaaak !
legendary
Activity: 1632
Merit: 1010
December 05, 2013, 12:08:03 PM
So the answer is yes.. this is a scam coin?
member
Activity: 228
Merit: 10
December 05, 2013, 09:40:25 AM
If Quark just hits $1 per coin, it'll be the 3rd Largest Coin on the planet. Everyone will want a piece of this coin, This is truly the crypto for the "masses".

Great security and potential for "mass" usage.


Get in while it's cheap  Smiley

+1

It has potential and very cheap buy in now.
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
December 05, 2013, 09:29:31 AM
seems that at ~12:00-15:00 GMT someone pumps QRK a bit every day  Shocked

My guess is that is the US waking up!  Smiley
^
that is the most accurate statement on this forum right now -

and when the price drops i get a flood of emails asking how to buy -

my biggest logistical obstacle  has been

1. the Technology gap -

2. access to a BTC to buy QRK  (and all the learning involved) > our  "how to buy" approaches 20 thousand views <
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
December 05, 2013, 09:24:03 AM
..., this is even better because the early miners are dumping to lots of other people.

Exactly, this is a very good counterpoint against the people who say that QRK is "premined"...

Yes, many millions were in the hands of a few dozen people.
But I don't think that is the case anymore.

Did those early adopters make a fortune by dumping QRK at these prices? Not really... but they made some easy money, oh yeah.

But those people might look very stupid when QRK goes over a dollar.
But maybe its not stupidity but the willingness to share and give something away.

You can't make a coin succeed if you are the only one who has it.




+1 nailed it
sr. member
Activity: 350
Merit: 250
DTC unofficial team
December 05, 2013, 08:36:40 AM
seems that at ~12:00-15:00 GMT someone pumps QRK a bit every day  Shocked

My guess is that is the US waking up!  Smiley
*facepalm* yes, I'm from Europe, so really forgot about it Cheesy
sr. member
Activity: 266
Merit: 250
December 05, 2013, 08:34:06 AM
seems that at ~12:00-15:00 GMT someone pumps QRK a bit every day  Shocked

My guess is that is the US waking up!  Smiley
sr. member
Activity: 350
Merit: 250
DTC unofficial team
December 05, 2013, 07:29:55 AM
seems that at ~12:00-15:00 GMT someone pumps QRK a bit every day  Shocked
sr. member
Activity: 616
Merit: 250
December 05, 2013, 05:09:12 AM
CPU Mined coins spells BOT MINERS Galore.


 What? Even grand ma cpu mining away? Nonsense.

 Hacked PC's turned into miners (Bots).



Caveat emptor - let the buyer beware!
sr. member
Activity: 476
Merit: 500
December 05, 2013, 04:46:13 AM
Seems dodgy to me. A small handful of people owning that many coins before it's even out? "Coin for the people"? Hmmm looks like a get rick quick scheme and Bill Stil has fallen for it through his naivete with crypto currency

Maybe Im wrong tho

Nxt seems dodgy as well but perhaps worse in some respect considering, iirc, 70 people hold all of the billion coins or however many there are and the only way to get them is to buy them off this 'elite'

I think the thing you are missing with Nxt is that EVERYONE had to pay to get in on the coin. The creator put in 1 BTC of his own money to get part of the genesis block. Every early investor was capped at 1 BTC to invest. All new investors can invest as much as they want. If you invested in the first week, you would have got 1M Nxt for 1 BTC after it was officially released, which has gone down to 100k for 1 BTC currently. The early investors invested in a coin that wasn't even released and was just "supposed" to be released. That was a huge risk for them in doing so.

It's like buying any new cryptocurrency early, you take a huge risk. Also you are forgetting that the only way to mine coins is to to hold a share of the coins. Instead of the dependency on ASICs, GPUs, CPUs, etc. You can run the client on any computer that handles Java and it mines as well as mining on a high end computer using the same client, since all that matters is the amount of Nxt you hold.

This is not a coin where you "mine" to get new coins in blocks. You "mine"(forge/get interest) coins that were part of transaction fees that were part of other transactions between other trades. Same thing happens with any cryptocurrency (the transaction fee) once the creation of new coins ends.

I'm not familiar with the ins and outs of coin creation but they don't all need investors, do they? Just 70 people holding all of the coin with it setup so that you can't mine/forge without buying coin off those 70 people? Good luck to them but I'm just suspicious




The thing is that the early investors have for the most part spread the Nxt to the rest of the investors interested in the coin so far. Early Investors did get an early profit when it started , but so did anyone who invested in the coin in the first week where the price has risen from .000001 to .00001 in a week. Some investors have spread more than 90% of their holdings to the rest of the investors in order to get them interested. The creator of the coin BCNext wanted this and stated he wanted the coins to be spread to the rest of the investors interested in the coin.

There have been a number of people who would happily donate a handful of Nxt to someone interested in the coin in order to get someone started in the mining/forging process.

Sure the coin would have failed if people didn't spread the Nxt to others, but for the most part and up to now, that hasn't been the case and likely will not happen as a result of what has already happened.
sr. member
Activity: 420
Merit: 250
Bayern
December 05, 2013, 04:28:06 AM
So youre saying to go back to fiat now?
newbie
Activity: 30
Merit: 0
December 05, 2013, 04:27:22 AM
Seems dodgy to me. A small handful of people owning that many coins before it's even out? "Coin for the people"? Hmmm looks like a get rick quick scheme and Bill Stil has fallen for it through his naivete with crypto currency

Maybe Im wrong tho

Nxt seems dodgy as well but perhaps worse in some respect considering, iirc, 70 people hold all of the billion coins or however many there are and the only way to get them is to buy them off this 'elite'

I think the thing you are missing with Nxt is that EVERYONE had to pay to get in on the coin. The creator put in 1 BTC of his own money to get part of the genesis block. Every early investor was capped at 1 BTC to invest. All new investors can invest as much as they want. If you invested in the first week, you would have got 1M Nxt for 1 BTC after it was officially released, which has gone down to 100k for 1 BTC currently. The early investors invested in a coin that wasn't even released and was just "supposed" to be released. That was a huge risk for them in doing so.

It's like buying any new cryptocurrency early, you take a huge risk. Also you are forgetting that the only way to mine coins is to to hold a share of the coins. Instead of the dependency on ASICs, GPUs, CPUs, etc. You can run the client on any computer that handles Java and it mines as well as mining on a high end computer using the same client, since all that matters is the amount of Nxt you hold.

This is not a coin where you "mine" to get new coins in blocks. You "mine"(forge/get interest) coins that were part of transaction fees that were part of other transactions between other trades. Same thing happens with any cryptocurrency (the transaction fee) once the creation of new coins ends.

I'm not familiar with the ins and outs of coin creation but they don't all need investors, do they? Just 70 people holding all of the coin with it setup so that you can't mine/forge without buying coin off those 70 people? Good luck to them but I'm just suspicious


sr. member
Activity: 616
Merit: 250
December 05, 2013, 04:25:46 AM
BREAKING NEWS: China Bans financial institutions from Bitcoin Transactions

http://www.cryptocoinsnews.com/2013/12/05/china-bans-financial-institutions-bitcoin-transactions/


Best Live Charts (Click BTC china for the worlds largest exchange)

http://bitcoinwisdom.com/


 How bout that Shock & Awe! Stay tuned. Much more coming!
 I think the gloves just came off. Recall what I mentioned earlier in this thread?


 They thought they had control, and power. And knew politics well. Guess not. Not hardly.
Their more like a speck on the windshield so far.
BTC Firster's? Here comes a bit of humbling! Pun fully intended.



Caveat emptor - let the buyer beware!
newbie
Activity: 30
Merit: 0
December 05, 2013, 04:16:13 AM
Seems dodgy to me. A small handful of people owning that many coins before it's even out?

What do you mean? "before it's even out"?

No mining was done prior to the announced here in this forum.

It was premined, right?

I know that one of the developers has written (extremely poorly) about it, using water analogies etc., in an attempt to justify it, but that's what it was, no?
sr. member
Activity: 476
Merit: 500
December 05, 2013, 04:06:38 AM
Seems dodgy to me. A small handful of people owning that many coins before it's even out? "Coin for the people"? Hmmm looks like a get rick quick scheme and Bill Stil has fallen for it through his naivete with crypto currency

Maybe Im wrong tho

Nxt seems dodgy as well but perhaps worse in some respect considering, iirc, 70 people hold all of the billion coins or however many there are and the only way to get them is to buy them off this 'elite'

I think the thing you are missing with Nxt is that EVERYONE had to pay to get in on the coin. There was no "pre-mining" and the forum originated here on this board. The creator put in 1 BTC of his own money to get part of the genesis block. Every early investor was capped at 1 BTC to invest. All new investors can invest as much as they want. If you invested in the first week, you would have got 1M Nxt for 1 BTC after it was officially released, which has gone down to 100k for 1 BTC currently. The early investors invested in a coin that wasn't even released and was just "supposed" to be released. That was a huge risk for them in doing so.

It's like buying any new cryptocurrency early, you take a huge risk. Also you are forgetting that the only way to mine coins is to to hold a share of the coins. Instead of the dependency on ASICs, GPUs, CPUs, etc. You can run the client on any computer that handles Java and it mines as well as mining on a high end computer using the same client, since all that matters is the amount of Nxt you hold.

This is not a coin where you "mine" to get new coins in blocks. You "mine"(forge/get interest) coins that were part of transaction fees that were part of other transactions between other trades. Same thing happens with any cryptocurrency (the transaction fee) once the creation of new coins ends.
sr. member
Activity: 266
Merit: 250
December 05, 2013, 04:03:06 AM
What for now worries me is that there are only sells going on, and barely any buys. Price dropped about 30-35% since yesterday.
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