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Topic: The penny has yet to drop on Qora. - page 2. (Read 3218 times)

member
Activity: 98
Merit: 10
win
June 15, 2014, 07:50:47 AM
#52
lol

MOST people wont touch a closed source wallet

Just put it on a virtual machine that runs nothing else but this closed source wallet. Qora is selling at 600 000 NxtQuants (0.006 NXT ) at NXT AE, but trade volume is still low, the price is still too high.


What? haven't you just proved as a worthy competitor possibly defeater of NXT that Qora is dirt cheap? 0.006 NXT, are you kidding?
sr. member
Activity: 336
Merit: 260
June 15, 2014, 07:40:38 AM
#51
lol

MOST people wont touch a closed source wallet

Just put it on a virtual machine that runs nothing else but this closed source wallet. Qora is selling at 600 000 NxtQuants (0.006 NXT ) at NXT AE, but trade volume is still low, the price is still too high.
member
Activity: 98
Merit: 10
win
June 14, 2014, 09:49:36 PM
#50
Only 3 persons in the world can code fast and stable and innovative coins:

Bcnext(qora) and Simcoins dev

Why would have BCnext just repeated the same mistake of a poor initial distribution?Huh  Even if he is a great coder, that is crazy.  


Qora added a week as he felt the 30 or so BTC wasn't enough for distribution. Its then went to 130BTC. A beta wallet was given for people to play with and also Escrow was available. I understand some people have an issue with POS, but it was a decent POS distribution compared to the risk it was an obvious decent investment if it was true.

Thats like $70,000, its not exactly peanuts for what is in the end a bit of code. Anyway NXT is hardly a failure, no.3 on Coinmarketcap.LOL



What none of you went though was that the developer the crazy genius didn't turn up at the end of the IPO cause he was going through PM's. For like a Week!!

Everyone was sure they had been scammed and lost all their BTC as most didn't use Escrow. That's the risk benefit reward in action. It could so of easily been one of the many scam IPO's.
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
June 14, 2014, 09:29:09 PM
#49
Only 3 persons in the world can code fast and stable and innovative coins:

Bcnext(qora) and Simcoins dev

Why would have BCnext just repeated the same mistake of a poor initial distribution?Huh  Even if he is a great coder, that is crazy. 
member
Activity: 98
Merit: 10
win
June 14, 2014, 02:44:30 PM
#48
Seems like the inevitable BTC Whale has started buying on Polinex.

Smart money always moves first!
legendary
Activity: 1708
Merit: 1000
Reality is stranger than fiction
June 14, 2014, 02:26:16 PM
#47
Only 3 persons in the world can code fast and stable and innovative coins:

Bcnext(qora) and Simcoins dev
sr. member
Activity: 364
Merit: 250
☕ NXT-4BTE-8Y4K-CDS2-6TB82
June 14, 2014, 02:24:09 PM
#46
If you are uncertain about investing your hard earned bitcoins into Qora, consider Kora, a clone of Qora - 100% free distribution to ~3,000 users.

Kora is a 'whale' free zone - we reject IPO's that result in 137 whales!

- Registration webapp currently under construction
- No sockpuppets
- Developer stakes for compensation, NO IPO, NO SCAM
- Power bounties to community members

https://bitcointalksearch.org/topic/ann-ora-nxt-monetary-system-currency-620518

Registrations will open approx end of June 2014.

Kora stake tokens will be issued on the NXT AE as an interim measure while we wait for the Qora source code to be released.


We finally have something that is better than Nxt: Kora!

That will be an awesome coin. And much more features than Qora.

....

what the hell am I saying....
member
Activity: 98
Merit: 10
win
June 14, 2014, 01:38:50 PM
#45
lol

MOST people wont touch a closed source wallet


You mean like Bitcoin and NXT was at the beginning?

Some people have a high post count cause they are smart and know stuff.....some just have a high post count. hahaha
legendary
Activity: 1610
Merit: 1000
Crackpot Idealist
June 14, 2014, 12:53:56 PM
#44
lol

MOST people wont touch a closed source wallet
member
Activity: 98
Merit: 10
win
June 14, 2014, 10:17:23 AM
#43
That makes sense to me.  I am wondering something though.  

Qora is a new code.  I get it.  That does indeed make it special.  

But what can it do that NXT isn't already doing?


What does Bitcoin do that NXT can't? So logic would say we should all be using NXT, right?


The one who breaks the crypto market is the one who can put great functions into a user friendly way. I'm a NXT user, sorry but it probably wont ever go mainstream unless it changes radically.

Qora picks up the slack and its focus is on user friendliness which it has already done with its wallet. Qora has expressed as I think that the winner in crypto might not be the one who has tons of functions but the one who streamlines the whole user experience. This is the ethos behind Qora and I think its a winner. *Dont judge the final wallet look on what we have now though, they will work on the GUI once all functions have been implemented.

Lets face it none of the shitcoins around are ever going to be serious currencies. Qora however has a fighting chance.

I realize that's subjective.
sr. member
Activity: 336
Merit: 260
June 14, 2014, 09:29:40 AM
#42
That makes sense to me.  I am wondering something though. 

Qora is a new code.  I get it.  That does indeed make it special. 

But what can it do that NXT isn't already doing?

There is one thing Qora can do, which NXT cannot.
Qora can sell on the NXT Asset Exchange, NXT can't Grin
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
June 14, 2014, 09:27:55 AM
#41
That makes sense to me.  I am wondering something though. 

Qora is a new code.  I get it.  That does indeed make it special. 

But what can it do that NXT isn't already doing?
member
Activity: 98
Merit: 10
win
June 14, 2014, 02:05:28 AM
#40
Also, how many coins did the dev give himself? Can we see it in the blockchain?


It was a pure POS, people sent in BTC, anyone could send in as much as they wanted. So the developer actually had as much power to have coins as anyone else who wanted to invest. He extended one more week after the beta client was released cause there was only like 30btc at that point. If he wanted to have more then it would of made sense to end it then.

You can't be fairer than that really. There was NO WAY for him to scam more coins than anyone else.

Yes, The payments are in the blockchain yes and a google doc. They haven't moved I don't think.


Again my impression is he doesn't care about money much.  


Dude can you actually read the OP before you ask questions that are covered in it.

https://bitcointalksearch.org/topic/ann-qora-released-16-may-100-pos-new-source-522102

So the developer doesn't care about money?  The thing is, that worries me a little bit.  I mean in a perfect world, that is exactly what I want to hear.  This crypto world is not perfect though.  

The problem is that Qora has one developer who doesn't care about what other people think and doesn't care about money.  He is writing code for the fun of it.  NXT has thirty developers that do care about money and do consider what other people think.  The NXT developers want money so much they are trying hard to make it as good as possible.  

Who wins?  The small single farmer at the farmers market who just loves his organic and high quality produce and doesn't care about money, or Walmart who only cares about margins and money?  

In a perfect world, I say the organic farmer at the farmers market, but in reality Walmart wins.

This isn't exactly the same and the argument isn't fair because digital goods can be reproduced over and over, not like tomatoes where each one has to be grown separately.   But the parallel is the same when a big  organized bunch of first comers go up against a small and lonely new comer.  Sometimes David does beat Goliath, but many a man become poor betting on the David's of the world.


he has made 8 updates to the wallet in a few weeks.(who is known for doing that we know? Cheesy I would say he is pretty committed.

I'm not sure the idea of market forces are relevant to some developers. They are a funny breed, some really do love to code and create things. Qora has said he is committed to the project and so far has shown that. In the end he knows he is only the developer, at some point all developers sign off and leave the project to the community, just like NXT and Bitcoin. And yeah I'm sure he has some BTC invested along with the other stakeholders.
hero member
Activity: 585
Merit: 500
June 14, 2014, 01:33:38 AM
#39
Sometimes David does beat Goliath, but many a man become poor betting on the David's of the world.

So don't buy. Simple as that. Stay in your box with Walmart and don't be progressive at all!

It amazes me how many people in the crypto world want to make money but don't know how to risk anything.

BTW - Qora did purchase qora in the beginning. So he is invested...you missed the point. He is focused on developing Qora not marketing or other aspects. I'd much rather have a dev in this seat than doing every last thing. In the end, the same as with nxt, the community is what will bring qora ahead but a dev like qora is far superior to other scenarios.

BTW2 - More devs will come on board, again as with nxt, to increase development. BCNxt was the only dev involved with the launch of NXT so your premiss is severely flawed.
sr. member
Activity: 336
Merit: 260
June 14, 2014, 12:58:33 AM
#38
...since Bitcoin will rise also 10x...

are you sure? Smiley
legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
June 13, 2014, 11:51:45 PM
#37
Also, how many coins did the dev give himself? Can we see it in the blockchain?


It was a pure POS, people sent in BTC, anyone could send in as much as they wanted. So the developer actually had as much power to have coins as anyone else who wanted to invest. He extended one more week after the beta client was released cause there was only like 30btc at that point. If he wanted to have more then it would of made sense to end it then.

You can't be fairer than that really. There was NO WAY for him to scam more coins than anyone else.

Yes, The payments are in the blockchain yes and a google doc. They haven't moved I don't think.


Again my impression is he doesn't care about money much.  


Dude can you actually read the OP before you ask questions that are covered in it.

https://bitcointalksearch.org/topic/ann-qora-released-16-may-100-pos-new-source-522102

So the developer doesn't care about money?  The thing is, that worries me a little bit.  I mean in a perfect world, that is exactly what I want to hear.  This crypto world is not perfect though. 

The problem is that Qora has one developer who doesn't care about what other people think and doesn't care about money.  He is writing code for the fun of it.  NXT has thirty developers that do care about money and do consider what other people think.  The NXT developers want money so much they are trying hard to make it as good as possible. 

Who wins?  The small single farmer at the farmers market who just loves his organic and high quality produce and doesn't care about money, or Walmart who only cares about margins and money? 

In a perfect world, I say the organic farmer at the farmers market, but in reality Walmart wins.

This isn't exactly the same and the argument isn't fair because digital goods can be reproduced over and over, not like tomatoes where each one has to be grown separately.   But the parallel is the same when a big  organized bunch of first comers go up against a small and lonely new comer.  Sometimes David does beat Goliath, but many a man become poor betting on the David's of the world.
sr. member
Activity: 308
Merit: 250
June 13, 2014, 10:31:41 PM
#36
If you are uncertain about investing your hard earned bitcoins into Qora, consider Kora, a clone of Qora - 100% free distribution to ~3,000 users.

Kora is a 'whale' free zone - we reject IPO's that result in 137 whales!

- Registration webapp currently under construction
- No sockpuppets
- Developer stakes for compensation, NO IPO, NO SCAM
- Power bounties to community members

https://bitcointalksearch.org/topic/ann-ora-nxt-monetary-system-currency-620518

Registrations will open approx end of June 2014.

Kora stake tokens will be issued on the NXT AE as an interim measure while we wait for the Qora source code to be released.





hero member
Activity: 700
Merit: 520
June 13, 2014, 06:11:41 PM
#35
Qora is young. But who is smart, buys Qoras under 500 Satoshi (10x from today), as well as buying NXT under 100,000 Satoshi (8x from today) so if you compare them to Bitcoin, since Bitcoin will rise also 10x, Qora and Nxt will rise 100x compared to USD within next 8 months

u forgot that NEM will steal the largest share of marketcap from all the coins u mentioned making ur calculations useless piotr
hero member
Activity: 490
Merit: 504
June 13, 2014, 06:09:52 PM
#34
Qora is young. But who is smart, buys Qoras under 500 Satoshi (10x from today), as well as buying NXT under 100,000 Satoshi (8x from today) so if you compare them to Bitcoin, since Bitcoin will rise also 10x, Qora and Nxt will rise 100x compared to USD within next 8 months
sr. member
Activity: 336
Merit: 260
June 13, 2014, 04:32:24 PM
#33
They had had enough of clones and junk its true, so have I. Which is why Qora is something different.

Which feature of Qora is unique?


Money is not about gimmicks. What did FB do that Myspace didnt?

Its a new code, so the fact we have some overlap of functions is cause those are the functions people have been discussing and asking for for the last few years. Like I said you are looking at this from a Shitcoin perspective where you want some monkey playing cymbals to make it interesting.


its a new code so its like comparing a Jaguar and a mini and saying they do the same thing so they are the same, Or Android and OS and saying the same thing.


What it has over NXT is implementation. So far the wallet has worked sooo much better tha NXT ever did at this stage. There will be an asset exchange and I'm expecting it to be implemented in a way that is user friendly. The hope is to add anonymity later too.

Whats under the hood of Qora you will have to ask specifics to the developer. Qora has said the focus is on being able to build future developments ontop of Qora.



Here is the key though. The truth is as an original code it has a right to run alongside NXT as an alternative to it. No one is ever gonna put a NXT clone over NXT but a completely new code with similar functions. It is a natural competitor and so should be seen as a real contender, no pump and dump but a genuine stab at being a currency that blows up bigger than even Bitcoin.




Yeah, ok, I don't know about myspace and FB, never used any of those, can't tell.

I wish Qora success, I'll buy some if the price is right. I think it's expensive right now for what it offers. Having an alternative to NXT is a good idea, provided that it can take off. Qora is way behind NXT though, and if there is only 1 developer working on it, he'll have to borrow NXT's code a lot or be hopelessly left behind even more. There are a few devs working on NXT and only one on Qora, there is no magic, you have to produce code, debug it, test everything, it takes a lot of time. So it'd be best if Qora borrowed NXT's code, otherwise it won't see a lot of progress.
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