Topic: Should I invest $10,000 into Quark or Dogecoin? - page 3. (Read 19742 times)

Won't go into much details about DOGE.
But just read this thread:
http://www.reddit.com/r/dogecoin/comments/1u5hfr/i_cant_thank_this_community_enough/

it's about community of a coin that decides it's future


Go 33 33 33 for DOGE, LTC and BTC

Dogecoin for sure.

I think OP is just joking guys

User with 300+ posts and 10 grands probably wouldnt ask here for advice and for sure not about this shitcoins

This is why I left Quark a long time ago: http://www.reddit.com/r/QuarkCoin/comments/1t9ycp/quark_highly_vulnerable_to_51_attack_after/

Miners currently get a reward of 16 coins if they solve a block. In about 10 days, when 247 million coins have been mined, that reward will drop to 1 coin per block. After the drop, 86,400 new coins will be created per month, at current exchange rates worth about $8,640. That is the pot all miner have to split, and it's not a large sum. Who knows how many miners will stick with Quark and how many will leave. I suspect most will leave. Even if you are a Quark true believer, as a miner, you will probably be able to earn more Quark for yourself by mining another currency and then selling what you mine for Quark on an exchange.

--

Go to the link if you want to read more.

OMG, sorry, I just can't, my brain hurts, $10,000 into DOGE?!?!  DOGE?  Really? Really?!?!?!  The fact that there are people in this world who are willing to put $10,000 into DOGE, well sir you have shaken me to the very core.  I don't know what to believe anymore.  I am living in a topsy-turvy bizarro land, black is white, up is down, good is evil.  There is no God, only DOGE now.

On a more serious note, HOW LONG DO YOU THINK A MEME COIN SPAWNED FROM 4CHAN IS GOING TO LAST?  HOW LONG DOES ANY STUPID INTERNET MEME LAST?  If you are still considering investing in DOGE, please do yourself a favor and give a loved one power of attorney simply so they can take over managing your finances before you bankrupt yourself.  Your mom loves you, I promise she will bear that burden if you ask her to.

well you could always go ahead and invest in multiple coins and not just in 1 like 50/50 or maybe 1000$ each in 10 different coins

Jesus Christ, I didn't even read the last 9 pages, I just saw the title and jumped right here.  I simply cannot fathom the thought of investing $10,000 into QRK, let alone DOGE?!?!?!  Are you high or just dead set on losing that $10,000?  If you want, send the $10,000 to me and I will burn it for you.

Seriously, just take your $10,000 and buy BTC.  Sit on it for a year and thank me when you look back and see QRK and DOGE dumped and forgotten.

and to quote Wekkel and some guy called flagel8:


 And on the Dogecoin sub-reddit I found this:

http://www.reddit.com/r/dogecoin/comments/1u2z69/bitcoin_why_not_dogecoin/

Bitcoin ? Why not dogecoin ? by XXXXXXXXxxxxxxxxx

[–XXXXXXXXXXX 1 point 1 day ago

“That's what i thought at first. But I've been trying to get my friends into Bitcoin since I first learned about it. They humor me, but probably roll their eyes a bit whenever the topic comes up.

But yesterday I e-mailed an acquaintance about their dog, who just had an operation, and just because we happened to be on about dogs in general I posted a link to the Dogecoin.com website saying, " Have you heard about this?"

A few hours later she e-mailed me back telling me that she was tracking the Dogecoin price on her tablet... How she got coin, I don't yet know. Maybe a faucet? People WANT this.”



You can talk technical this and that, but at the end of the day, people love this coin, and I have become a huge fan.

It's so hard to mine Quark now that I can sell every hour mined of Doge or Grand for BitCoins - then buy 24hours mining worth of Quark.

And that's exactly what I do!

I believe the price of Quark will increase early next year, when trading opens on that big Chinese exchange.

Quote from lead dev on quark -


Hi

There has been requests for more information about the history and design of the Quark cryptocurrency:

Quark was inspired by a cryptocurrency called SIF coin (short for Simple Inflationary Fork) released in the Russian forums on bitcointalk.

The innovation in SIF coin was to use multiple hashing algorithms in a chain to produce a more secure hash. SIF also turned the Bitcoin model of a deflationary currency into an inflationary currency.

I realised the SIF hashing could be made even more secure by adding another 3 random rounds of hashing to the sequence. This would also make GPU and ASIC implementations even more difficult.

In my opinion, I also did not think the type of inflationary model used in SIF coin would work well, although I did not disagree with the concept of a small inflation.

The reasoning behind the six month mining period was to get over the main money expansion period as soon as possible. Coins like Bitcoin are still in a huge inflationary phase (i.e. inflation meaning expansion of money supply). Quark will soon reach the phase where the money supply reaches an equilibrium with only a small inflation. Whether this economic model is better or worse than the other models out there is an open topic.

Hope this helps in explaining some of the design decisions.

Regards
Max


Quarks price reflects nearly all the available mining supply there will ever be, it's worth noting Dogecoins mining cycle is only 15 billion into its total of 100 billion before investing you need to be 100% sure Dogecoin can hold its current price through this inflationary curve. Basing it off a meme can work in the short term but will it have legs over the long term.

quark it's obviously at it weakest price now as every effort to destroy it has come and gone. Early miners who sold and any and all that simply follow the "scam" mantra plus those that simply follow bitcointalk trends will be left behind as quark gains momentum through 2014, one major plus point too is that quark is gaining adoption outside of the crypto community as such is not gaining market share through taking market share from other coins this will become all the more apparent through the first quarter of 2014.

As to what you should invest in - do your own research 

We are not in 2009. You can earn more with other potential coins than just buying BTC.

Invest in hardware! Long term investment that will pay off 

this

First of all it was not pre mined http://www.quarkcoin.cc/2013/12/14/mythbuster-pre-mine-with-max-g-qrk-main-developer/. You are just repeating other haters for your own benefit.

Second If some of you were interested in alt coins in the first place you would have noticed it already. The Quark thread has been here for 6 months and very active. If you didn't see that than it's your own fault and need to check alternate crypto currencies more often. It was fairly announced and open to everyone to mine it who were interested.

Third 1 of the many reasons Quark attracted me and others was it's catchy name and design. I also don't like the boring grey LTC logo, but that doesn't mean anything.

I think EZCoin is highly undervalued at the moment and as soon as cryptsy puts a btc market for it. It'll be 5x to 10x.

There's only 12 million EZCoin and it's just 2 cents for now. Digital coin has also 12 million coin but it's 10x Ezcoin value (25 cent) and I think EZCoin  have the potential to exceed Digitalcoin.

Just wait for ezc/btc market at Cryptsy for exploding.

We have all been wondering if there will be another coin that will surge in price like bitcoin and litecoin.

A lot of people have used the approach to mine and/or buy every coin because it is hard to be sure which Alt coin will turn out to be the next BIG ONE.

We now know!

It is Quark!

Quark has done something that no other coin has ever done. It increased in value by more than 1000x in less than 2 weeks. From 21 on Tuesday Nov 19 to 30000 on Sat Nov 30.

This huge increase is amazing.

How was it possible?

It is a result of the uniqueness of Quark's distribution.

All coins when first issued are raped and dumped by the botnets, farms etc. In fact no coin can overcome this relentless raping and dumping. All coins nearly die from it. Quark was no exception.

But because of Quark's distribution, nearly all of its coins have been minted, there can be no more raping and dumping. There is no more constant downward pressure on the price. Now the price can increase with time without constraints.

It is this natural price increase that is attractive to hedge fund investors and will result in Quark challenging litecoin's price of 0.025 btc and maybe even challenging bitcoin itself.

We have all wondered what will happen when a coin is fully mined. We now know. It is a price explosion!

I only hope that everybody got in on Quark before Nov 19. If not, it is not too late, there may be another factor of 1000x waiting in the wings. Big money is pouring into Quark!

BTC tried to bash LTC hard, but didn't succeed to stop it from shining. Now LTC is trying to do the same to QRK and doesn't like to see another rising coin. Obviously they don't give a shit about innovations and all care about money. QRK will shine though, because it really helped the crypto world going step forward with it's different features.

I thought that was BitBars! ha

This is very true. Majority of people want something they can easily relate to. Like their pet.    Anyone in marketing knows that something which looks friendly and fun will reach a larger market than something technical and geeky. 

Good branding, an excited community, large quantity rewards makes Dogecoin unique.

Dogecoin will most likely continue to spread like a virus on the Internet and bring many new people into the world of Cryptocurrency.  This alone has merit and should benefit Bitcoin and other Cryptos.

Watching on markets i heartly give you options of QRk, ZET, WDC, and even if you want you can collect millions and billions of CENT, COL, IFC and TIX
Dont forget BTC and LTC whic are mother and father of crypto