Topic: Interested in this altcoin stuff (Quark?)... (Read 570 times)
Quark is definitely a good investment in the long run (IMO it is simply the best, most secure and fastest coin out there), but right now it is available on Cryptsy for a very low price. So it is a very good time to buy Quark.
OK the short story on Quark.
bare in mind we a lot of miners here.
Quark not a scrybt coin, we love scrybtcoin, works good for our GPU's , we used to use are GPU's for bitcoin, but the asics made our GPU's obsolete for bitcoin, so now we mine scrybtcoins.
Quark is not scrybt, quark multi algorithm CPU coin, although some folks have a GPU miner, but dont' work on all GPU's .
So lot of miners don't like quark.
second Quark was instamined/speedmined/stripmined. now after 6 month they got 250 million coins out and now there only 0.5 % annual inflation. So not much left to mine compared as to what there has been mined already.
Quark economic supply/demand model is pretty sound. From now on only 0.5 % annual inflation. So if they find growing demand, like if they really become an online currency that people really use to buy stuff on the web. Well changes are Quark gonna rise in value.
On the other hand they might have a problem with securing the blockchain with enough hashpower. because right now not sure whether you can pay your electricity for like when you mine quark on a cpu now and sell your quark to BTC to FIAT, not sure about that.
bare in mind we a lot of miners here.
Quark not a scrybt coin, we love scrybtcoin, works good for our GPU's , we used to use are GPU's for bitcoin, but the asics made our GPU's obsolete for bitcoin, so now we mine scrybtcoins.
Quark is not scrybt, quark multi algorithm CPU coin, although some folks have a GPU miner, but dont' work on all GPU's .
So lot of miners don't like quark.
second Quark was instamined/speedmined/stripmined. now after 6 month they got 250 million coins out and now there only 0.5 % annual inflation. So not much left to mine compared as to what there has been mined already.
Quark economic supply/demand model is pretty sound. From now on only 0.5 % annual inflation. So if they find growing demand, like if they really become an online currency that people really use to buy stuff on the web. Well changes are Quark gonna rise in value.
On the other hand they might have a problem with securing the blockchain with enough hashpower. because right now not sure whether you can pay your electricity for like when you mine quark on a cpu now and sell your quark to BTC to FIAT, not sure about that.
Quark have a good community and in this moment the price is right for new purchase.
But as u say it will go up or down, who knows.
In this moment I'm buying Memorycoin that have a good number of maximum supply and would be more profitable respect quark.....
But as u say it will go up or down, who knows.
In this moment I'm buying Memorycoin that have a good number of maximum supply and would be more profitable respect quark.....
1. make account on cryptsy.
2. wait till a stable coin gets a drop
3. buy 50 dollar of that coin.
4. wait a few days and sell for profit.
other method:
do the same but just use bitcoin.
2. wait till a stable coin gets a drop
3. buy 50 dollar of that coin.
4. wait a few days and sell for profit.
other method:
do the same but just use bitcoin.
That's exactly what I did 3 weeks ago...until then the prices just falling and falling
1. make account on cryptsy.
2. wait till a stable coin gets a drop
3. buy 50 dollar of that coin.
4. wait a few days and sell for profit.
other method:
do the same but just use bitcoin.
2. wait till a stable coin gets a drop
3. buy 50 dollar of that coin.
4. wait a few days and sell for profit.
other method:
do the same but just use bitcoin.
That is like opening a can of worms to ask on a site like this : )
if you want to look as "cost price averaging" - i do actually suggest Quark -
there are a few others you might look at, but do your homework - if you were to look at it like equities , forget PE ratio start to look at :
Total Cap -
Emission structure -
Distribution
Algorithm
etc.
if you can browse these you will give yourself a head start .
otherwise i guess just gamble ?
agreedif you want to look as "cost price averaging" - i do actually suggest Quark -
there are a few others you might look at, but do your homework - if you were to look at it like equities , forget PE ratio start to look at :
Total Cap -
Emission structure -
Distribution
Algorithm
etc.
if you can browse these you will give yourself a head start .
otherwise i guess just gamble ?
amazingly level-headed answer, 1 internet for you.
That is like opening a can of worms to ask on a site like this : )
if you want to look as "cost price averaging" - i do actually suggest Quark -
there are a few others you might look at, but do your homework - if you were to look at it like equities , forget PE ratio start to look at :
Total Cap -
Emission structure -
Distribution
Algorithm
etc.
if you can browse these you will give yourself a head start .
otherwise i guess just gamble ?
if you want to look as "cost price averaging" - i do actually suggest Quark -
there are a few others you might look at, but do your homework - if you were to look at it like equities , forget PE ratio start to look at :
Total Cap -
Emission structure -
Distribution
Algorithm
etc.
if you can browse these you will give yourself a head start .
otherwise i guess just gamble ?
I'm really new to this stuff, so bear with me. Just a quick question. If I were to put, say, 30-50$ in one particular altcoin (or even just BTC?), then cash out once I've doubled up, where would you guys suggest to do this?
I know it's not a guarantee anywhere, but I've heard good things about seemingly every altcoin, although I feel like a lot of that is just wishful people/endorsers. I'm really not sure what's going on, so if I'm wrong, take no offense.
Would Quark be a good idea? Or is this all a complete waste of my time?
Thanks for any replies.
I know it's not a guarantee anywhere, but I've heard good things about seemingly every altcoin, although I feel like a lot of that is just wishful people/endorsers. I'm really not sure what's going on, so if I'm wrong, take no offense.
Would Quark be a good idea? Or is this all a complete waste of my time?
Thanks for any replies.
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