The Process in point form.- When technically and economically superior Quark gained (sped up) broad public support though Bill Still and others
- The "Bitcoin" "group" panicked by this time Bitcoin was part or majority owned by "bank institutions"
- These "institutions" that held a lot of Bitcoin needed to "buy in" to Quark so that they could have any influence over it in the future.
- They used Bitcoin they already owned (which was at a fake manipulated price of near $1000 at that time), and purchased millions of Quark.
- This explains the large wallets that appeared just after the popularity gain.
- they then have to now try to get the most out of the stash of Quark they own because they can't pull this trick again here is why:
1. Bitcoin is falling due to the break in its monopoly/manipulation.
2. By going onto the "off exchange market" and trying to buy more this will just drive seller to go to the on exchange market which will bid the price etc. (simple economics)
- So they sold down the price with some of the stash they had and some of the natural price.
The first "attack"The real first attack was attacking members of our at that time booming new forum and trying to disrupt the info over there (which was a failure), by calling to "fork" quark.
The second "attack"Then the next idea was to sell down the price (with part of their stash) to try to drive miners away then call for a "solution" like higher inflation etc. (this failed)
The Third "attack" (they are running out of selling stash)- The problem was that the price dropped but the miners didn't leave and then buyers came into the market this means a very large problem.
- At the current prices they will be completely out of selling stash very quickly, but if the price starts to rise (they stop selling) that will spur more investment, i.e if they stop selling.
- so they have decided to try to "Fork Quark" another way.
- they are going to give some of this sell stash away at "Quarktalk" and try to get users to download a wallet that they will at a point in the future say is a "latest version"
- this will act to try to "fork Quark", then they will from there try to destroy it
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you might have noticed the price bump, this was because they removed part of their old stash from selling on the market and moved it to "Quarktalk" to try to give it away to bribe people to go to that forum.
What can you do if you don't want these guys to fork and destroy Quark?1. Never download a wallet or client from anywhere but
www.qrk.cc or Max's Github
https://github.com/MaxGuevara/quark2. Show people this topic, link new people to it.
3.
go and take the Free Quark at Quarktalk
http://quarktalk.org/ take their free Quark but never download from there as per number 1.
This way you can go and get the Quark from their forum as a good new way to get a gain in Quark (and hopefully) understand that it is their selling driving the price down, this means you get a bargain and help quark at the same time!
you can't lose, and if this is just a story I'm telling then no harm is done, because they are genuine and want to help so they will have no problem in giving you the Quark but you not downloading their client.
So by all means go and take the Quark from them,
just never download anything from that site, if you take the free Quark that will help Quark, either sell it on the open market but if you know what is happening you know it will be worth a lot more, so maybe hold a bit ; D
simple, and just think all that hard work they put in ha ha.
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http://np.reddit.com/r/QuarkOmega/
