...lots of these pro vertcoin threads being spammed daily.
Next sucker some people in .........then the dump starts. Waiting for the smack down anytime now. I predict seeing a -50% + stat on coinmarket cap any day now. Invest now and you will be taking on a serious risk for very little potential upside.
What they don't realise is that the size of your coin community is probably the single most important thing.
Vertcoin? even the name just sounds terrible.
Topic: Why Quark is a loser in 2014, Doge is a winner, and how this relates to Vertcoin - page 2. (Read 6868 times)
February 03, 2014, 09:20:09 PM
February 03, 2014, 09:19:29 PM
Just check out the video.
This is what's insulting to people's intelligence.
People have been doing nothing but spamming that video all over the forum all week with a Disney world explanation of Quark.
In reality, an unbiased viewer with enough knowledge of how crypto works would define Quark as the following:
Quark (noun): A proof of work cryptocurrency that either through sheer incompetence, or an attempt to run a pump and dump scam, sacrificed all block chain security with an accelerated block reward model, reaping windfall profits, and possibly utilizing a close sourced GPU miner kept from the public. The coin now resides on life support, and only through a checkpoint system, which needs to be run in real time to prevent a homeless man with laptop from 51% attacking the network does the coin still exist at all.
Lol - dogecoin is 10x worse
February 03, 2014, 09:09:15 PM
r0ach all you care about is if a coin allows your gpu mining rig to make money. 
that is the summary of this thread.
that is the summary of this thread. February 03, 2014, 08:32:00 PM
Apparently, the Doge reserve is now going with 5% dogeflation, even though it was basically unanimous that everyone wanted them to halve it, so my original post is slightly off on Doge numbers. It then hits 3% Dogeflation in 2029, then 2% in 2045. With the aforementioned, crashing your Lamborghini into a tree, and sending up your dogecoin USB drive up in a fireball, "Paul Walker Effect", that 2% number will probably be more like 1% or 0%. Full details here:
http://theblogchain.com/2014/02/03/dogecoin-is-not-mugabecoin-a-discussion-of-inflation/
http://theblogchain.com/2014/02/03/dogecoin-is-not-mugabecoin-a-discussion-of-inflation/
February 03, 2014, 06:07:27 PM
If the supply was within a normal limit (much lower than it currently is), i'd probably be more okay with it.
The numbers are off the chart. I wonder what will happen at the next subsidy.
The numbers are off the chart. I wonder what will happen at the next subsidy.
February 03, 2014, 06:03:26 PM
Quote
Please stop the biased
February 03, 2014, 06:03:05 PM
Goats ... Buzz Aldrin took a masonic apron to the moon... I going to invest in doge because I want to see a cryptocoin idea on the moon as well
for me, now doge have a purpose ...
http://www.youtube.com/watch?v=DqC7H7_Noi8
for me, now doge have a purpose ...
http://www.youtube.com/watch?v=DqC7H7_Noi8
February 03, 2014, 05:49:12 PM
You just lost all credibility and established yourself as the bitcointalk dunce.
Yeah, Quark developers created a private GPU-miner that no one else has been able to make and used it to exploit their coin and none others that they also could have profited off...
Yeah, Quark developers created a private GPU-miner that no one else has been able to make and used it to exploit their coin and none others that they also could have profited off...
Please stop the biased, Quark shilling. The GPU miner exists and was close source. I didn't make it up. Whether it's affiliated with the creators or not doesn't really matter. It just adds to the long list of Quark problems. It's not the "sole defining problem".
February 03, 2014, 05:33:03 PM
Just check out the video.
This is what's insulting to people's intelligence.
People have been doing nothing but spamming that video all over the forum all week with a Disney world explanation of Quark.
In reality, an unbiased viewer with enough knowledge of how crypto works would define Quark as the following:
Quark (noun): A proof of work cryptocurrency that either through sheer incompetence, or an attempt to run a pump and dump scam, sacrificed all block chain security with an accelerated block reward model, reaping windfall profits, and possibly utilizing a close sourced GPU miner kept from the public. The coin now resides on life support, and only through a checkpoint system, which needs to be run in real time to prevent a homeless man with laptop from 51% attacking the network does the coin still exist at all.
You just lost all credibility and established yourself as the bitcointalk dunce.
Yeah, Quark developers created a private GPU-miner that no one else has been able to make and used it to exploit their coin and none others that they also could have profited off...
February 03, 2014, 05:17:42 PM
Just check out the video.
This is what's insulting to people's intelligence.
People have been doing nothing but spamming that video all over the forum all week with a Disney world explanation of Quark.
In reality, an unbiased viewer with enough knowledge of how crypto works would define Quark as the following:
Quark (noun): A proof of work cryptocurrency that either through sheer incompetence, or an attempt to run a pump and dump scam, sacrificed all block chain security with an accelerated block reward model, reaping windfall profits, and possibly utilizing a close sourced GPU miner kept from the public. The coin now resides on life support, and only through a checkpoint system, which needs to be run in real time to prevent a homeless man with laptop from 51% attacking the network does the coin still exist at all.
February 03, 2014, 04:55:01 PM
Just check out the video.
This is what's insulting to people's intelligence.
People have been doing nothing but spamming that video all over the forum all week with a Disney world explanation of Quark.
In reality, an unbiased viewer with enough knowledge of how crypto works would define Quark as the following:
Quark (noun): A proof of work cryptocurrency that either through sheer incompetence, or an attempt to run a pump and dump scam, sacrificed all block chain security with an accelerated block reward model, reaping windfall profits, and possibly utilizing a close sourced GPU miner kept from the public. The coin now resides on life support, and only through a checkpoint system, which needs to be run in real time to prevent a homeless man with laptop from 51% attacking the network does the coin still exist at all.
February 03, 2014, 04:53:04 PM
Your article made me want to buy BTC and dump doge. Doge may get used more, as it looks like a survivor at this point, but without the limit on the number of coins you would always be better off holding bitcoin.
The Doge developers should have done what they said they were going to do and cap it at the 100 billion. Even that is probably too many coins.
I understand the benefits of inflation and would have had no objection to them not having a cap, but you should do what you say you are.
The Doge developers should have done what they said they were going to do and cap it at the 100 billion. Even that is probably too many coins.
I understand the benefits of inflation and would have had no objection to them not having a cap, but you should do what you say you are.
Bitcoin is always a better choice in little to no time doge will have no real time because you can have unlimited coins which is just pointless doge will not survive.
February 03, 2014, 04:48:46 PM
Doge brings users. Lots and lots of users. I don't know why anything else matters to you guys. Maybe those users will suddenly decide to switch to Quark, but it seems highly doubtful. More likely they will continue to spread the word of Doge like a virus. 600,000 addresses in 6 weeks. They are eclipsing everything, but Bitcoin. Personally I couldn't give a crap about the current market cap only that this trend continues.
I am trying to run the Quark numbers, but I keep showing that overall Quarkcoin addresses are 3000 less than yesterday. Is this some peculiar Quark issue with the blockchain? Honest question, I am trying to make sure my numbers are accurate.
I am trying to run the Quark numbers, but I keep showing that overall Quarkcoin addresses are 3000 less than yesterday. Is this some peculiar Quark issue with the blockchain? Honest question, I am trying to make sure my numbers are accurate.
I really doubt that your info is right then.
Agreed that Doge is bringing many new users to crypto - but I don't agree that they won't consider other crypto options even if 'doge' is fun.
February 03, 2014, 04:04:54 PM
Doge brings users. Lots and lots of users. I don't know why anything else matters to you guys. Maybe those users will suddenly decide to switch to Quark, but it seems highly doubtful. More likely they will continue to spread the word of Doge like a virus. 600,000 addresses in 6 weeks. They are eclipsing everything, but Bitcoin. Personally I couldn't give a crap about the current market cap only that this trend continues.
I am trying to run the Quark numbers, but I keep showing that overall Quarkcoin addresses are 3000 less than yesterday. Is this some peculiar Quark issue with the blockchain? Honest question, I am trying to make sure my numbers are accurate.
I am trying to run the Quark numbers, but I keep showing that overall Quarkcoin addresses are 3000 less than yesterday. Is this some peculiar Quark issue with the blockchain? Honest question, I am trying to make sure my numbers are accurate.
February 03, 2014, 03:47:21 PM
I don't even know why people bother replying to this thread.
He literally just wrote a wall of words.
Mark Twain once said “I didn't have time to write a short letter, so I wrote a long one instead.”
Just check out the video.
He literally just wrote a wall of words.
Mark Twain once said “I didn't have time to write a short letter, so I wrote a long one instead.”
Just check out the video.
February 03, 2014, 03:30:37 PM
From my understanding, BTC just drops in a snapshot of the most recent consensus chain whenever they do an update. Quark on the other hand, seems to rely entirely on the checkpoints for all of it's security currently, and would need to broadcast checkpoints practically in real time for it's network to be secure.
February 03, 2014, 03:06:07 PM
If you read what I wrote, or know anything about crypto, you would know Quark is even worse off than Doge. Quark has checkpoints for a reason.
Checkpoints are bad?Checkpoints are there to make the code more secure, even Bitcoin has checkpoints.
Looks like bitcoin developers added one 16 days ago unless Im reading that wrong, added at block 279000:
https://github.com/bitcoin/bitcoin/blob/master/src/checkpoints.cpp
It's very easy to assume, you don't own any Quark and don't like to see it rising.
You own doge and vertcoin so hope people buy these to support your coins ...
I own Quark and Doge but am way more bullish on Quark than Doge for numerous reasons.
Doge offers zero innovation, as it is just a scrypt clone with too many coins. The community is great but its economic model/distribution is somewhat flawed.
Quark although based off of Sifcoin, is now the leader of CPU, ASIC resistant, coins. Its unique hashing algorithm and speedy transactions combined with very little capital dilution going forward & its growing community make it a very attractive investment. You can still get some as the price is still cheap ...
February 03, 2014, 02:46:49 PM
Are all coins with checkpoints bad then? Is PPC bad because of checkpoints?
Checkpoints are a safeguard that Quark probably won't have to use. Quark is resistant to 51% attacks because of it (much more resistant than many crypto-coins), and as the value of Quark goes up, the mining incentive will go up and further secure the network..
Checkpoints are a safeguard that Quark probably won't have to use. Quark is resistant to 51% attacks because of it (much more resistant than many crypto-coins), and as the value of Quark goes up, the mining incentive will go up and further secure the network..
Lol? Federal reserve notes are also resistant to 51% attacks.
February 03, 2014, 02:43:50 PM
Quark is far from being a loser. Sure it won't net you 100x, the main run is over. But it's got potential for at least 10x for this year, and then it stabilizes there in value and will then go up slowly as market cap increases (the way it was designed) as a day to day currency.
My bet on Quark is due to its growing infrastructure that can't be overlooked.
My bet on Quark is due to its growing infrastructure that can't be overlooked.
February 03, 2014, 02:16:15 PM
If you read what I wrote, or know anything about crypto, you would know Quark is even worse off than Doge. Quark has checkpoints for a reason.
Are all coins with checkpoints bad then? Is PPC bad because of checkpoints?
Checkpoints are a safeguard that Quark probably won't have to use. Quark is resistant to 51% attacks because of it (much more resistant than many crypto-coins), and as the value of Quark goes up, the mining incentive will go up and further secure the network..
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