At just $1, QUARK will be #3 on the planet - page 7.

digitalindustry

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‘Try to be nice’

Quote from: FiniteRed on December 03, 2013, 07:11:30 AM

Quarkcoin would need a market cap of ~$245,715,425 USD to be worth 1$ a coin (at time of writing) This is a massive amount of investment required in a coin that is already at $0.20. Quark is clever in its implementation and all but what makes it better/more useful/more adoptable and preferable to Litecoin exactly?

(I have a small amount of Quark don't get me wrong - but I purchased my coins when it was worth peanuts)

FR

By using the power of the free market , there are no super holders of Q .

This selling has been just more of a transfer to smaller and more distributed hands , so what occurs ?

Large holders sell out of ignorance or to keep the price low ?

Many smaller buyers buy it up which strengthens our network and distributes our community base further .

We already have one of the largest forums .

Everyone is getting involved im getting lots of emails by professionals, that want to help develop why ?

Because the price is 20c .

Which will further spur growth , Quark is the currency of and for the people .

yacare

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In CryptoEnergy we trust

Just a few unanswered questions (pasted from their official forum):

Who's the founder? Is he/she known and still active on the project?

Is there a list of developers that are currently working on QRK?
Are new developers allowed join the team?

Why do they set the default official website under .com domain? (Just try, enter quarkcoin.org and you will see it redirected to .com)
Is it a community organization/development or a commercial .com business?

Note: I do have some quarks, I like how fast it is, in a practical sense it works very well.
I just see that there are some fundamental questions that remain unanswered by the supposed developers...

Can someone help to clarify those doubts?
I think that more info and transparency will be needed for people to trust it (and then see a price increase).

GigaCoin

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Giga

Quote from: pabloangello on December 03, 2013, 07:34:10 AM

Quote from: FiniteRed on December 03, 2013, 07:28:15 AM

Quote from: NUFCrichard on December 03, 2013, 07:18:36 AM

It is massive, kind of.
250million is actually nothing, the US government prints that much in QE in just over 2 hours!
If Quark is to take off in any way, then $1 is nothing. At the moment it seems a lot, but with China pumping in money everwhere, it actually isn't much at all.

Don't forget, litecoin doesn't need to stay at it's market cap either, we are 50% of what litecoin was 2 weeks ago, but actually we are only 6% the size of litecoin... the goal posts are moving! We could be $5 a quark and still the number 5 coin in a few months...

Thanks for the response

I guess I need to get past thinking 245 million is a big number - globally it is indeed peanuts. If/when crypto actually goes mainstream then yes - Quark could indeed be one of the big winners in the future...

*runs off to buy a little more*

Yep, price of Quark has been oscilating in the scope of 0.0001 to 0.0002 BTC since 2-3 days. Buy now where it is close to the bottom of this range or you will regret it after week-month.
Remember it is listed on btc38.com in upcoming coins to chinese market.

Yep, BTC38 China launch soon

Quark to the MOON motherf***krs !

Grin

pabloangello

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Quote from: FiniteRed on December 03, 2013, 07:28:15 AM

Quote from: NUFCrichard on December 03, 2013, 07:18:36 AM

It is massive, kind of.
250million is actually nothing, the US government prints that much in QE in just over 2 hours!
If Quark is to take off in any way, then $1 is nothing. At the moment it seems a lot, but with China pumping in money everwhere, it actually isn't much at all.

Don't forget, litecoin doesn't need to stay at it's market cap either, we are 50% of what litecoin was 2 weeks ago, but actually we are only 6% the size of litecoin... the goal posts are moving! We could be $5 a quark and still the number 5 coin in a few months...

Thanks for the response

I guess I need to get past thinking 245 million is a big number - globally it is indeed peanuts. If/when crypto actually goes mainstream then yes - Quark could indeed be one of the big winners in the future...

*runs off to buy a little more*

Yep, price of Quark has been oscilating in the scope of 0.0001 to 0.0002 BTC since 2-3 days. Buy now where it is close to the bottom of this range or you will regret it after week-month.
Remember it is listed on btc38.com in upcoming coins to chinese market.

FiniteRed

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Activity: 346

Merit: 255

Quote from: NUFCrichard on December 03, 2013, 07:18:36 AM

It is massive, kind of.
250million is actually nothing, the US government prints that much in QE in just over 2 hours!
If Quark is to take off in any way, then $1 is nothing. At the moment it seems a lot, but with China pumping in money everwhere, it actually isn't much at all.

Don't forget, litecoin doesn't need to stay at it's market cap either, we are 50% of what litecoin was 2 weeks ago, but actually we are only 6% the size of litecoin... the goal posts are moving! We could be $5 a quark and still the number 5 coin in a few months...

Thanks for the response

I guess I need to get past thinking 245 million is a big number - globally it is indeed peanuts. If/when crypto actually goes mainstream then yes - Quark could indeed be one of the big winners in the future...

*runs off to buy a little more*

NUFCrichard

legendary

Activity: 1218

Merit: 1003

It is massive, kind of.
250million is actually nothing, the US government prints that much in QE in just over 2 hours!
If Quark is to take off in any way, then $1 is nothing. At the moment it seems a lot, but with China pumping in money everwhere, it actually isn't much at all.

Don't forget, litecoin doesn't need to stay at it's market cap either, we are 50% of what litecoin was 2 weeks ago, but actually we are only 6% the size of litecoin... the goal posts are moving! We could be $5 a quark and still the number 5 coin in a few months...

EDIT and in reply to the aptly named noob, Quark wasn't premined at all.

FiniteRed

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Activity: 346

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Quarkcoin would need a market cap of ~$245,715,425 USD to be worth 1$ a coin (at time of writing) This is a massive amount of investment required in a coin that is already at $0.20. Quark is clever in its implementation and all but what makes it better/more useful/more adoptable and preferable to Litecoin exactly?

(I have a small amount of Quark don't get me wrong - but I purchased my coins when it was worth peanuts)

FR

GigaCoin

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Activity: 308

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Giga

Invest in Quark or regret forever, fortune favors the brave

put down minimum $100, if it fails (impossible) Eat less food for a month to regain the loss.

victzhang

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Quote from: AuroraHF on December 02, 2013, 06:18:13 AM

Seems like it's just a huge pump and dump scheme? What can we actually buy with Quarkcoins?

Currently there are more than 20 merchants accepting Quark payment.

http://quark.freeforums.net/thread/30/list-merchants-accepting-quark-payment

Also, you can use QuarkSpend.com to buy anything you want.

roozifus

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Quote from: Jamievs on December 03, 2013, 05:36:14 AM

Quote from: digitalindustry on December 03, 2013, 05:32:27 AM

http://www.ebay.com/sch/i.html?_odkw=Quark&_osacat=0&_trksid=p2045573.m570.l1313.TR11.TRC1.A0.XQRK&_nkw=QRK&_sacat=0&_from=R40

this is because there is so much capital caught up on the sidelines -

its pretty frustrating.

\

What the... People are bidding $100 on 200 QRK Shocked

Wow, might sell a little ... but how do you stop them just reversing the paypal transaction afterward?

Jamievs

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Quote from: digitalindustry on December 03, 2013, 05:32:27 AM

http://www.ebay.com/sch/i.html?_odkw=Quark&_osacat=0&_trksid=p2045573.m570.l1313.TR11.TRC1.A0.XQRK&_nkw=QRK&_sacat=0&_from=R40

this is because there is so much capital caught up on the sidelines -

its pretty frustrating.

\

What the... People are bidding $100 on 200 QRK Shocked

Amph

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can be solo mined?

digitalindustry

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http://www.ebay.com/sch/i.html?_odkw=Quark&_osacat=0&_trksid=p2045573.m570.l1313.TR11.TRC1.A0.XQRK&_nkw=QRK&_sacat=0&_from=R40

this is because there is so much capital caught up on the sidelines -

its pretty frustrating.

maxsolnc

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DTC unofficial team

Quote from: FiniteRed on December 03, 2013, 04:30:25 AM

Quote from: maxsolnc on December 03, 2013, 04:07:33 AM

Quote from: NUFCrichard on December 03, 2013, 04:01:45 AM

I never understand that, someone comes in with say 300,000 quarks, but decides they want to sell NOW.
They crash the market 25%, then it bounces straight back afterwards. Result is that the person with 300.000 quarks has lost out on bitcoins and the little fish have gained some cheap coins.

It seems ridiculous, but it happens pretty frequently.

Seems that there is really a lot of ridiculous decisions in QRK. It's not single example - tons of them, people are selling and selling and selling "just now". We could reach price at least $0.5 during weekend, but... Sad

It's most likely them buying them back at a cheaper price. When they make the market crash (buy dumping all of those coins) noobs panic and sell their coins too expecting it to drop further. Mr 300,000 then jumps in at the lower price established as a result of the panic and makes a extra few thousand coins.

Sounds correct for 'sudden dump', like it was with BTC on Saturday, but now it it not sudden - it lasts many hours.

FiniteRed

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Quote from: maxsolnc on December 03, 2013, 04:07:33 AM

Quote from: NUFCrichard on December 03, 2013, 04:01:45 AM

I never understand that, someone comes in with say 300,000 quarks, but decides they want to sell NOW.
They crash the market 25%, then it bounces straight back afterwards. Result is that the person with 300.000 quarks has lost out on bitcoins and the little fish have gained some cheap coins.

It seems ridiculous, but it happens pretty frequently.

Seems that there is really a lot of ridiculous decisions in QRK. It's not single example - tons of them, people are selling and selling and selling "just now". We could reach price at least $0.5 during weekend, but... Sad

It's most likely them buying them back at a cheaper price. When they make the market crash (buy dumping all of those coins) noobs panic and sell their coins too expecting it to drop further. Mr 300,000 then jumps in at the lower price established as a result of the panic and makes a extra few thousand coins.

maxsolnc

sr. member

Activity: 350

Merit: 250

DTC unofficial team

Quote from: NUFCrichard on December 03, 2013, 04:01:45 AM

I never understand that, someone comes in with say 300,000 quarks, but decides they want to sell NOW.
They crash the market 25%, then it bounces straight back afterwards. Result is that the person with 300.000 quarks has lost out on bitcoins and the little fish have gained some cheap coins.

It seems ridiculous, but it happens pretty frequently.

Seems that there is really a lot of ridiculous decisions in QRK. It's not single example - tons of them, people are selling and selling and selling "just now". We could reach price at least $0.5 during weekend, but... Sad

NUFCrichard

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Activity: 1218

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I never understand that, someone comes in with say 300,000 quarks, but decides they want to sell NOW.
They crash the market 25%, then it bounces straight back afterwards. Result is that the person with 300.000 quarks has lost out on bitcoins and the little fish have gained some cheap coins.

It seems ridiculous, but it happens pretty frequently.

maxsolnc

sr. member

Activity: 350

Merit: 250

DTC unofficial team

Seems that someone is trying to lower QRK price as much as possible, last 24 hours I saw a lot of orders that were up to 1.5x lower than 'buy orders'

giveBTCpls

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Quote from: GigaCoin on December 02, 2013, 12:38:55 PM

Quote from: giveBTCpls on December 02, 2013, 11:56:08 AM

There is still an elite of top 10 Quark owners that could manipulate the market, and it only takes someone comming up with an even faster and more secure cryptocurrency to surpass this currency. I hope im wrong because i've already invested.

Also, Bill Still said it would escalate up to BTC prices. If it goes up to that price, then how it will be "the currency of the people"? The guys that got first there yet will still be the most wealthy. I still don't get the diference of this vs Bitcoin. The only positive aspects I see are the supossed faster and safer tech side.

Also, if this currency is "the currency" for the people you might as well donate me some since im poor:

QchC9To6PHp71XFahSZjjHXBi1SxPNPhRX

i think he meant in terms of market cap value, it makes sense since quark needs a lower value to match Bitcoin's market cap.

What the video again. "A lot of millionaires will be made next year". He clearly meant QRK/USD and not market cap value with "escalating to bitcoin price". Again, I hope he is right because im here to get rich besides supporting the technological revolution of cryptocurrencies (like most people here too, just being honest). If QRK ever reach 1000 USD i could retire with my 300 QRK, but the thing is, I don't see it happening at all because Bitcoin has the brand, the monopoly, and the mainstream place already taken. It's the original. I mean Snoop Dogg just tweeted about Bitcoin.

GigaCoin

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Giga

Quote from: giveBTCpls on December 02, 2013, 11:56:08 AM

There is still an elite of top 10 Quark owners that could manipulate the market, and it only takes someone comming up with an even faster and more secure cryptocurrency to surpass this currency. I hope im wrong because i've already invested.

Also, Bill Still said it would escalate up to BTC prices. If it goes up to that price, then how it will be "the currency of the people"? The guys that got first there yet will still be the most wealthy. I still don't get the diference of this vs Bitcoin. The only positive aspects I see are the supossed faster and safer tech side.

Also, if this currency is "the currency" for the people you might as well donate me some since im poor:

QchC9To6PHp71XFahSZjjHXBi1SxPNPhRX

i think he meant in terms of market cap value, it makes sense since quark needs a lower value to match Bitcoin's market cap.

Topic: At just $1, QUARK will be #3 on the planet - page 7. (Read 10607 times)