Do you remember how BTC spiked around the time of cutting the reward in half? I was just wondering the same after reading that we are getting the reward cut in half as well in a few days.
So, that means fewer coins to mine. You will have to buy.
The next few weeks will be interesting. Will the QRK network's Hashrate continue going down or will it stabilize due to a price rise? A few factors...
IAS
Honestly I don't remember and the graphs i checked don't remember it either.
Either way , qrk reward has been cut in half 3 times in the past months and ... nothing.
1st - Do a Google search on "last Bitcoin reward half". Notice it occurred at the end of 2012
2nd - Look forward 2 months or so from December 2012. The crazy rise to 266 started.
So, I'm saying that the existing BTC's, QRK's, etc. can become more valuable around the time (or after as in BTC's last) of a reward half. QRK's is really going to go down, almost
dangerously low depending on your electricity costs!
I'm not saying it is going to happen to QRK, because it depends on the demand, but if the Cryptos start moving again and the only way to get QRK is to buy them and NOT mine them,
quite easy prediction.
Now, I know we have discussed things a little before, and I'll say the same thing I said last time - If your perspective is just negative, that is what you will see. Just widen it a bit, not even saying
to be optimistic, just look at more possibilities, that is all I'm doing. I don't know what happens, but I see some interesting possibilities, as just mentioned.
Its about sharing
Two months in crypto world is another age.
You can check the forums about the halving and how everybody assumed the rise just like you did now , and after 1 month ...shit , we were wrong.
The events in December have nothing to do with the block split.
Also it wasn't a sudden increase from lower values , you can say it was barely recovering from the first bubble at 30.
Not a block reward will increase the price but people using it to buy and sell goods.
Also the times where videos or memes were having an impact are long gone.
Rather than hoping for the best in 2 days time , somebody should try and get quarkpayments really going.