Topic: QuarkChain trading starts on Binance in <2 hours - page 2. (Read 358 times)

This project doesn't have anything apart from the transaction speed and perhaps some opportunities for sole miners. I don't think that's enough for a project to succeed nowadays, because while transactions might be a big problem in the future, for now you can even go with btc and have your transaction confirmed in about 15 minutes for 20 cents. Not to mention other strong projects with cheap and fast transactions like doge, eth, ltc etc. I am glad if those who invested already got rich, but I wouldn't hold this one long-term.

I congratulate all participants of the ICO of this project. This is an absolute record. Each of the participants won the lottery in the amount of 15 thousand dollars.

If you are right it's the best cheat in front of 80k persons

I'm studying the project carefully. It looks very interesting and I plan to buy in the near future.

u/XRballer on Reddit

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Quark is trash.

There is a new Chinese ICO hustle. Instead of having a regular ICO where 60-70% of the coin is sold in ICO/Presale and somewhat widely distributed these coins just have small little ICOs where they sell 5-20%. They then instantly spend 5 million on a Binance listing with the ICO proceeds. This allows them to generate hype and boost the price of the coin rapidly while also creating massive initial liquidity on Binance. Once the coin lists on Binance the devs can unload their supply at 10x what they would have sold for at ICO. Done this way the team can make double the money while only selling half of the coins versus just holding a regular ICO. Plus they get the additional exposure benefits, etc. of Binance. Most respectable ICOs in the past wouldn't feel right in spending so much money on an exchange listing but now we see it is a savy and cutthroat business decision. IOTEX literally just pulled this exact same move (and look at the post listing dump as the IOTEX team continually dumped the price back under 600 sats)

In QuarkChain's case they only sold 20% with 16% locked up. That means only 4% of the supply is currently on the market. Yet they are simultaneously listing on many exchanges including Binance. Binance even had to delay listing because of this. Who do you think is going to be selling and providing liquidity once Binance opens up? Of course it will be the QKC team themselves selling most of the tokens. This initial supply constriction also makes it much easier to boost the price of their coin (I mean the devs are literally buying their own coins on IDEX pumping this to the sky) both naturally and through manipulation - look at what happened with Bytecoin and that absurd pump when a small part of the supply was isolated for trading.

QCK is a noname team of Chinese opportunists who saw Zilliqa had a great idea and they blatantly ripped them off while adding exaggerations and embellishments to their white paper (1,000,000 TPS guys!!! but our testnet is only 5 nodes and does 2k TPS). IOTEX is kinda shady but you are FAR BETTER OFF buying IOTEX than this Quarkchain scam.

You have been warned. Anyone telling you otherwise has tiny ICO bags and wants to dump them for max (just look at their telegram and all the people celebrating the money they are about to make dumping on Binance with the devs - noone is thrilled about holding this long term and seeing what happens).

This is the newest ICO hustle

The people who have joined the crowdsale have make a good flipper. The listing on Binance is now delayed, but I think that it will list in a few days. For now is Idex and Kucoin enugh to make easy 10x.

I just stopped to hold QRK, x8 too little compared to Zilliqa. While Quarkchain hype more Zilliqa. That looks like Kucoin QRK already x11.

I, too, bought QuarkChain at Kucoin. I am confident in its bright future and believe that we will see a very good growth before the end of the year.

Its a missed opportunity I was approved in the kyc of this project and missed the quiz so Im not able to be included in whitelisted  its really unfortunate, time to accumulate now before it will go to the moon this project is killing of icos just 1 day ico and already trading in top exchanges.

This is a good information. But knowing what is the next big thing is impossible since everything can change because there is a lot of volatile coins. The way teams work can also change. But I hope this coin is gonna go big so I'll have some money to invest in it.

It could go either way, in this bear market it pays to follow the FOMO for shorts.
It could also have a big dip, but watching it now I would expect a little more growth.

I played a safer approach with my purchase, if it dips I'll buy up some good bags, just chasing the FOMO right now knowing it's a great project.

Circulating supply is 2 billion putting the current market cap at $380 million, Zilliqa is at $877 million.
I personally have more belief in QuarkChain, although Zilliqa is also a solid project, the team working on QuarkChain are experts in scalable data, the teams background is about as good as you'll see for such an issue.

Yes, there are about 75K FOMO-potential buyers according the size of the telegram group...I personally think that for the moment, the train is missed.

Personally, I think Quark is as potent as Zilliqa, look at what Zilliqa has done can completely trust the future of Quark.

This coin stands alone for demand, there were a ton of upset people who missed out on the ICO.
Just check their telegram, no coin in the top 10 has a telegram following the size of QuarkChain

This has potential to pass a 1 billion cap in a very short period

I do not understand why it got listed just one day after the end of the crowsale, it was more than difficult for me to understand why did it really happen after all.

Min/Max Personal Cap: 0.0001 ETH / 0.693 ETH FOR THE FIRST 12 HOURS, AND WILL DOUBLE EVERY 6 HOURS AFTERWARDS

With how quick it sold out, I'm not sure if any one got more than 1 Eth worth.

Volume is sitting at 105 BTC on KuCoin now, was 10 only an hour and a half ago

I didn't enter the lottery, which was the max ETH for each person?

The ICO was more than profitable, already a x10 from the initial price.
Binance is more than awesome, lmao, this is huge.
I missed the ICO.

Binance postponed due to lack of volume, Kucoin has it listed though.
Volume has gone from 10BTC to 35 in about 10 minutes, I bought at 2700 sat now at 3200, lots of FOMO on this

Looks like a very interesting project. I will probably wait for the price to dip down when the hype dies down and get in on it. Sucks to have missed out on the ICO, but there will still be tons of opportunity to buy into this project at a better price at a later date.