Post
Topic
Board Altcoin Discussion
Re: 2013-12-04 Yahoo: Bitcoin Alternative Quark (QRK) Increases In Value 500%
by
LiteCoinGuy
on 04/12/2013, 11:04:00 UTC
and that is the doom of this currency:

"Two features make Quark easier to use as a currency than Bitcoin. First is the larger amount of coin that will be placed in circulation - 247 million (plus an additional one million per year) compared to only 21 million ever for Bitcoin. This makes it possible to deal in whole units of currency, or at least large decimals, rather than thousandths of units, or out to the third and fourth decimal place, as is becoming standard with Bitcoin. Second, the annual inflation rate provides an additional motivation to actually spend Quarks rather than view them as an asset to hold or speculate on. "

people will hate any inflation in the future, much more than today! and that coin does not has the strengh that bitcoin has right now and will have in the future.