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Topic: Here is why QUARK is so hot, so expensive? Read it and think? - page 2. (Read 7512 times)

newbie
Activity: 56
Merit: 0
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
If true what does it matter?

Fact -- Quark is on its way to Litecoin's price.


QRK has more media attention than any other coin except btc.


Get in and make some money. Sit on the sidelines and become a regretter!


Simple choice!







QRK will never be Litecoins price. I've seen zero media attention aside from the Max bit. Just STOP.

I don't know too much about alts but I have barely even heard of Quark...so don't get too excited.  If what OP says is true I think over time, at some point, there'll be a crash because someone sells.

What the OP says is junk, do some research for yourself and decide.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
THE ONLY PEOPLE CRYING ABOUT QRK ARE THOSE THAT DON'T HAVE QRK.

You and many many other QRK supporters keep spouting this fallacy like it actually discredits other arguments.  This is an informal fallacy called "appeal to motive" that you built on top of your other formal fallacy "People who cry about QRK must not have QRK".  An appeal to motive built on top of an affirmation of the consequent (which is a fallacy of the argument "People who don't have QRK must be crying," which isn't even a valid argument in the first place!).  Your second paragraph is an ad populum reversal fallacy, and I have yet to see any evidence of the QRK market actually being distributed after the initial instamine (If you have some, please show me!).

It is common sense my friend, who else would be crying about it?? you think QRK holders are crying that it has reached fair value?

In life you're either a QRK holder or you're not a QRK holder. If you are a QRK holder and annoyed it has reached fair value then seek medical attention.

Consider the full minting and total number of coins, and it is fair value against any coin.  Yes there are coins that i consider better however QRK was undervalued for months it is only reaching fair value it is not overvalued. Bill noticed this and recommended it as an investment, simple as that. I like your command of the english language and you're obviously a reasonably smart person. However you are wrong to single out QRK as being overvalued, it will increase in line with other coins or at an accelerated rate due to having a lot more media attention now and lots of services in the pipeline. There is an exchange coming for QRK directly to USD, have you seen the QRK site directly to amazon and ebay vouchers?? All of this can not be taken back now, QRK was undervalued because nobody much knew about it, this had changed you will not be able to moan and cry this into reversal.  Your motive is obvious, you are new and have missed this boat. You have doge and datacoin in your avatar, they could turn out to be wise buys, data especially however they are not guaranteed to be a better investment now than QRK. Doge may never get to an exchange, promoting this coin and causing people to possibly buy any now or waste hash on it could be seen as a scam or risky investment.

You have to realise, never again will a coin sit there for nothing for months on end. QRK does not have 10's of billions of coins and it has been rock solid since it started.

There are charts showing the distribution of QRK is no worse than LTC, PPC and NMC, the top 100 wallets own about the same amount. Are they all scam coins?  consider that QRK has been out far less time than the others and it shows you that the market has distributed QRK rather well given the time frame.  If you watched the market you would see whales that still hold QRK dumping it 500k at a time near 11c. This is what the market does well it shakes out whales on major dipps and encourages buys as it goes up again.

At one point the top 20 wallets contained more than 60% of all the quaks.
When that hit the forums they start splitting them , go on and read in the archive about the "fair" distribution.

Let's see in the next month when mining revenue drops 16 times , who will support this coin.

lol at one point 1 wallet contained 100% of the QRKS, and that goes for every coin!!!!!!!!!!!!
full member
Activity: 224
Merit: 104
If true what does it matter?

Fact -- Quark is on its way to Litecoin's price.


QRK has more media attention than any other coin except btc.


Get in and make some money. Sit on the sidelines and become a regretter!


Simple choice!







QRK will never be Litecoins price. I've seen zero media attention aside from the Max bit. Just STOP.

I don't know too much about alts but I have barely even heard of Quark...so don't get too excited.  If what OP says is true I think over time, at some point, there'll be a crash because someone sells.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
QRK = ScamCoin

Ha ha at least this tard posted with one of his real accounts ha ha .

Power up guys ! : D
You've been pretty defensive this whole thread. OP brought up some really good points. Why you so desperate to defend the scam? Shouldn't you be happy with your profits and move on to the next scam?

"Quark the grass roots Cryptocurrency  < with the best distribution"

Yeah ok, if by best distribution you mean a few people holding majority of the coins, then yes. Certainly not the fairest distribution however.


WTF are you high??? I just told you the top 100QRK wallets hold no more percentage of QRK than LTC, PPC, NMC   are you still spouting the same misinformed rubbish???  Do some research and then return to spout a different pointless claim. QRK is one of the only coins in green again today - This tells you the market is not falling for the QRK slander and have recognised it as having fair value and it now about to rise again with the QRK  USD exchange arrives.

Are you actually insane?  QRK has been out less time and has already just as good of a distribution as the above coins and probably far better than many new coins of its age.

STOP SAYING THE SAME THINGS THAT ARE TOTALLY UNTRUE!!!!!!!!!!

Let me say it once again for you all

QRK HAS A DISTRIBUTION EQUAL OR BETTER THAN PPC, LTC, NMC AND OTHER MAJOR COINS AND IT IS A YOUNGER CURRENCY. THE MARKET WILL SEE THIS DISTRIBUTION BECOMES WIDER - LOOK AT THE VOLUME
newbie
Activity: 28
Merit: 0
full member
Activity: 196
Merit: 104
QRK = ScamCoin

Ha ha at least this tard posted with one of his real accounts ha ha .

Power up guys ! : D
You've been pretty defensive this whole thread. OP brought up some really good points. Why you so desperate to defend the scam? Shouldn't you be happy with your profits and move on to the next scam?

"Quark the grass roots Cryptocurrency  < with the best distribution"

Yeah ok, if by best distribution you mean a few people holding majority of the coins and manipulating price to their benefit, then yes. Certainly not the fairest distribution however.
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
QRK = ScamCoin

Ha ha at least this tard posted with one of his real accounts ha ha .

Power up guys ! : D
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
THE ONLY PEOPLE CRYING ABOUT QRK ARE THOSE THAT DON'T HAVE QRK.

You and many many other QRK supporters keep spouting this fallacy like it actually discredits other arguments.  This is an informal fallacy called "appeal to motive" that you built on top of your other formal fallacy "People who cry about QRK must not have QRK".  An appeal to motive built on top of an affirmation of the consequent (which is a fallacy of the argument "People who don't have QRK must be crying," which isn't even a valid argument in the first place!).  Your second paragraph is an ad populum reversal fallacy, and I have yet to see any evidence of the QRK market actually being distributed after the initial instamine (If you have some, please show me!).

It is common sense my friend, who else would be crying about it?? you think QRK holders are crying that it has reached fair value?

In life you're either a QRK holder or you're not a QRK holder. If you are a QRK holder and annoyed it has reached fair value then seek medical attention.

Consider the full minting and total number of coins, and it is fair value against any coin.  Yes there are coins that i consider better however QRK was undervalued for months it is only reaching fair value it is not overvalued. Bill noticed this and recommended it as an investment, simple as that. I like your command of the english language and you're obviously a reasonably smart person. However you are wrong to single out QRK as being overvalued, it will increase in line with other coins or at an accelerated rate due to having a lot more media attention now and lots of services in the pipeline. There is an exchange coming for QRK directly to USD, have you seen the QRK site directly to amazon and ebay vouchers?? All of this can not be taken back now, QRK was undervalued because nobody much knew about it, this had changed you will not be able to moan and cry this into reversal.  Your motive is obvious, you are new and have missed this boat. You have doge and datacoin in your avatar, they could turn out to be wise buys, data especially however they are not guaranteed to be a better investment now than QRK. Doge may never get to an exchange, promoting this coin and causing people to possibly buy any now or waste hash on it could be seen as a scam or risky investment.

You have to realise, never again will a coin sit there for nothing for months on end. QRK does not have 10's of billions of coins and it has been rock solid since it started.

There are charts showing the distribution of QRK is no worse than LTC, PPC and NMC, the top 100 wallets own about the same amount. Are they all scam coins?  consider that QRK has been out far less time than the others and it shows you that the market has distributed QRK rather well given the time frame.  If you watched the market you would see whales that still hold QRK dumping it 500k at a time near 11c. This is what the market does well it shakes out whales on major dipps and encourages buys as it goes up again.
newbie
Activity: 28
Merit: 0
QRK = ScamCoin

Yeah, take it from a known scammer. lol
How did you get such a shitty reputation?

And how did you get that brown Ignore button?
newbie
Activity: 56
Merit: 0
I truly respect the LOGIC... but do you truly believe the "initial instamine" will have anything to do with the future Bids and Asks?

I believe that the technically astute friends of this community need to start coming to grips with the FACT that once these coins enter the Market it all comes down to the Bid and the Ask. I mean... people always mention mining incentives and profitability... don't you realize that there were miners, for example, making profit selling BTC at $200, while others that don't even know what mining is are selling those same coins at $1000???

I don't think it will because the public is uninformed.  If they were aware of the risks involved in holding a currency like this it probably would.  I'm not arguing that the coin appears to have a high market cap right now.  It clearly does, and there's clearly money to be made, but I think that if you plan to make some money on QRK you are making a very risky investment when there are less risky, higher reward options out there with better long-term benefits to the crypto community than QRK.

GameKyuubi made excellent point. It is so easy to forget, that none of these (NONE) coins have actually no value at all. It is all thought up by the people involved. Cryptocoin market is basically a perfect bubble (http://en.wikipedia.org/wiki/Stock_market_bubble)... winners will be the ones who make most noise. This is why I decided to invest in QRK... one of the few alt-coins with so much buzz going around it...
sr. member
Activity: 253
Merit: 1602
DTCxNMC
I truly respect the LOGIC... but do you truly believe the "initial instamine" will have anything to do with the future Bids and Asks?

I believe that the technically astute friends of this community need to start coming to grips with the FACT that once these coins enter the Market it all comes down to the Bid and the Ask. I mean... people always mention mining incentives and profitability... don't you realize that there were miners, for example, making profit selling BTC at $200, while others that don't even know what mining is are selling those same coins at $1000???

I don't think it will because the public is uninformed.  If they were aware of the risks involved in holding a currency like this it probably would.  I'm not arguing that the coin appears to have a high market cap right now.  It clearly does, and there's clearly money to be made, but I think that if you plan to make some money on QRK you are making a very risky investment when there are less risky, higher reward options out there with better long-term benefits to the crypto community than QRK.
sr. member
Activity: 364
Merit: 251
QRK = ScamCoin

Yeah, take it from a known scammer. lol
How did you get such a shitty reputation?
full member
Activity: 182
Merit: 100
Fourth richest fictional character
QRK = ScamCoin
sr. member
Activity: 253
Merit: 1602
DTCxNMC
THE ONLY PEOPLE CRYING ABOUT QRK ARE THOSE THAT DON'T HAVE QRK.

You and many many other QRK supporters keep spouting this fallacy like it actually discredits other arguments.  This is an informal fallacy called "appeal to motive" that you built on top of your other formal fallacy "People who cry about QRK must not have QRK".  An appeal to motive built on top of an affirmation of the consequent (which is a fallacy of the argument "People who don't have QRK must be crying," which isn't even a valid argument in the first place!).  Your second paragraph is an ad populum reversal fallacy, and I have yet to see any evidence of the QRK market actually being distributed after the initial instamine (If you have some, please show me!).
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
There's barely any real demand for this coin at the time. As OP said, only real reason price is rising is due to the Oligopoly not supplying any coins or the bare minimum. And the "media" attention they claim comes from them bribing Bill Still. Probably telling him, "Hey, we got a great plan, see how bitcoin took off, we can do the same, we'll send you X amount of QRKs, just make us look like the second coming of Christ".



Thanks for another noob critique that means nothing. Back to your doge coins.  

Let's see your rebuttal then, or are you afraid what I am saying is the truth? And what's this about dogecoins, do you guys find it threatening or something a silly coin such as that? You must have taken a lot of time to look through my posts and see where I posted, because that's my only association to dogecoins, posting in one of their threads, I haven't mined or plan on mining/buying any dogecoins.

And I'm sure that I'm not the only to notice the blatant bribery of shill Bill Still.

I find dogecoins as threatening as i find you. I collect ALL coins, but QRK is a great coin and i don't like misinformation spread about it. I will state again the obvious .... THE ONLY PEOPLE CRYING ABOUT QRK ARE THOSE THAT DON'T HAVE QRK.

That goes for any coin.... i see yesterday....blah blah why is sexcoin so good, what is great about it, why should it rise so much, scam coin....lol. The longer you stay on this board the more you will tire of hearing every coin that rises when people miss the boat is a scam, premine, instamine. LTC was a scam coin for ages, PPC was a scam coin, FTC ....fuck which coin has not been called a scam coin. BTC is a elitist scam coin apparently, 70% of BTC held by 50 people and all the rest of it. Just get mining/buying/trading  and stop worrying about what you don't have.

The mining argument means nothing, it has been explained time and time again that through market distribution qrk is as well distributed as LTC PPC and NMC and probably better than a lot of the other coins. So quit moaning and get mining. Your moaning does not make QRK go back into the darkness where it was ignored and most people had not heard of it. It is now as mainstream as crypto gets and you can reverse that sadly. 

Next explosion will be........ ah well who knows so buy a bit of everything and hold on.

First rule about being a noob - don't cry like a noob.  


sr. member
Activity: 268
Merit: 250
Regardless of the coin's features compared to any other coin, if they get on an $ exchange than they have a massive advantage in gaining value over any other coin.  So from a standpoint in the hopes of making money, then this coin would be a decent choice if it does indeed hit some exchanges.  As far as it's other features, I have not looked into them good or bad.  When the public start buying them, even if they try and research them they wont know one feature from another anyhow.
sr. member
Activity: 253
Merit: 1602
DTCxNMC
Quark is mined 99%
Worldcoin is mined 13%

Quark is percentually mined 7.6x bigger than Worldcoin.

And current  market capitalization of Quark is 2.3x bigger than marketcap of Worldcoin.

What is undervaluated/overvaluated now?
Which coin price will be more influenced by miners dumping in the future?

It doesn't matter if new money dumps in Quark because all the money is in the hands of old investors.  It's THEM you should be worried about.  Even if new money dumps WDC it won't crash nearly as hard as if old money dumps QRK.

I love to aggressively protect peoples freedom .

We are helping people,

these fat girlfriendless fucks are playing WOW and getting horny about the possibility that the NSA might recruit them .

Then they come here an tell me they are going to attack this community that is trying to free itself from corporate communist slavery .

What do you expect ?

I am just being honest .

It's one thing to argue with facts and references.  It's another entirely to throw ad hominems and other fallacies around and act like these are the reasons you shouldn't believe your opponents.  It makes you look bad and doesn't bring smart money to your side.
hero member
Activity: 1484
Merit: 608
Vave.com - Crypto Casino
Another cry baby fool who passed up buying qrks when they were being fairly distributed on the market for months.

THE ONLY PEOPLE CRYING ABOUT QRK ARE THOSE THAT HAVE NONE. They did not buy when it was cheap for months on end, now they complain about the free market forces that determine the price.

Who the heck new about QRK 6 months ago? The crypto-market is still pretty new, and to release 98% of a currency in 6 months when this market is still in infancy (most people don't know anything beyond BitCoin), and only start hyping it up during some astronomical rise of some of the more established currencies is too obvious.

As a miner, I have ZERO interest in this coin now thanks to how this was executed.

. MINING MEANS NOTHING , MINING MEANS NOTHING - when you learn this fact come back to crypto.

Try and mine some BTC for less that your electricity and the cost of asics. Don't you get it yet. The market is important not the mining.

IF I WAS TO INSTAMINE 100% OF A COIN AND GIVE IT OUT FOR NEARLY FREE FOR MONTHS. LESS THAN YOUR ELECTRICITY COST TO MINE IT WOULD YOU STILL MOAN IF YOU NEGLECTED TO BUY IT.Huh  this is what you are crying about now.

Why are all the noob trolls so stuck on QRK?  were you there to mine BTC on 0.00000000000000000001 diff?? or LTC?  no you were not.  It is cheaper to buy BTC and hold it for the last few months, the same will be true for nearly all coins very soon.

Forget about the mining unless you are there on the first few days and wait until the coins are dumped for nothing and buy them.  OH wait though the new wave of clones will probably never make it to the exchanges so i would just mine coins that have value now and buy some too.

Don't worry you were not there for the start of crypto , you are still in at 1min past the start.  It's like apple shares, you were not there when they were released don't go crying calling them a scam now, you need to look out for the next thing instead of crying about things you have missed. QRK is like apple shares at $50 sure you didnt get them for 1 dollar but will you sit there crying scam until they go to 500 dollars and beyond?

COULDN'T HAVE SAID IT BETTER.These damn butthurt trolls are so annoying. They see Quark as a threat and their own investment is in danger because Quark is rising in popularity so fast. So they trying hard to change peoples mind. You all are only making it harder for yourself with these worthless hating. The more hate the more success. LTC is the best example.

So the people that believe that Quark is overvalued are the trolls in this thread?

Let's get real guys. The people in this thread that are the most obnoxious are the Quark supporters. Calling anyone who disagrees with them butthurt, coinless, noobs, while not providing any real supporting evidence to back up their positions.

Many of us think that Quark is way overvalued, not that it has no value.

Distribution of the coin is a concern.

How the network will function efficiently in a few months with no incentive to mine is a concern.

Right now the only unique thing Quark brings to the table is additional encryption. Which is a solution to a problem that hasn't happened yet.

Other then that the value of Quark is just hype.

Why do you believe QRK is overvalued? Based upon what? Why does QRK need to justify it's price more than any other coin?

Is WDC overvalued?  how about BTC? is that overvalued?  ask sensible questions compared to other coins.

CGB, ADT, TIX IFC, these coins are in the same position as QRK why not ask about how they will cope? SOme of these coins are running almost pos only now. Qrk can introduce this at any point. However if the price rises then there will always be interest in mining it anyway.

At least QRK brings something new right? it's distribution is actually better than most coins due to the low price for months on the market. So again it has no more to answer for its distribution that any other coin and is far more fairly spread than say BTC.  Why all the qrk questions that are not directed at other coins is the real reason we know it is not genuine interest but jealousy for missing out.

People are getting annoyed answering the same stupid questions over and over and over. Noobs need to be taught to use the search function instead of spamming the same mad questions and shouting scam at everything they don't understand or missed out on for arriving late.



Yes I think that QRK is overvalued vs. WDC. Exactly a month ago QRK had a market cap of $35k while WDC had a Cap of $950k. Currently QRK is worth double WDC. Does that make any sense? Based on What? Hype created by Bill Still and Max Keiser?

It gets even more ridiculous when you compare Quark with Namecoin which had a Cap of $4.3 million on November 10th. Now Quark is worth more then NMC? Get real.

With a Cap of $35 thousand anyone with 10 thousand cash, a botnet or willing to rent massive computing power from a place like Digital Ocean for a few months could control a huge portion of the coin. The majority of the coins were mined before the crazy price spike we have seen so it is quite possible for a few people to own (or did own) the majority of QRK.

 Also just because QRK changes wallets doesn't mean it has changed owners. I have heard rumors that at one point the majority of QRK was held in the 10 largest wallets, they could have easily just distributed their holdings among more wallets to deflect suspicion.

I think the OP makes a good point that if a few people hold all the supply and don't sell then it gives the illusion that QRK is valuable but if they did sell the price would drop massively.

The reason why QRK is attacked more then other coins is because it has leaped over all the others into the 4th spot of course people are going to turn their attention to it. It deserves it.

If Bill and Max Promoted any other coin that coin would also see large gains. I don't think that makes Quark special.

The reason why it concerns me is that if QRK implodes at some point and I think it will, it is going to do a lot of damage to the crypto community.


Quark is mined 99%
Worldcoin is mined 13%

Quark is percentually mined 7.6x bigger than Worldcoin.

And current  market capitalization of Quark is 2.3x bigger than marketcap of Worldcoin.

What is undervaluated/overvaluated now?
Which coin price will be more influenced by miners dumping in the future?

http://coinmarketcap.com/

hero member
Activity: 798
Merit: 1000
‘Try to be nice’
OMG - I have a ton of quark sitting around from a couple months ago. I'm stunned... in a very happy way. I had a feeling this would be a good long-term investment Smiley

Great to hear mate I wouldnt even start to diversify until equites have crashed , but I cant give finacial advice .

Cheers.
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