Post
Topic
Board Announcements (Altcoins)
Re: [ANN] [QRK] Quark | cPoW | PC mining | Fast Distribution | Stability -
by
cryptohunter
on 12/03/2014, 13:22:26 UTC
Quark is going to be huge: It is incredibly fast and it is the most secure coin there is, at a time when the security of cryptocoins is becoming a major issue, and transaction speed will become an issue for any coin that wants to move beyond enthusiasts and into the mainstream.

Fast doesn't really mean anything, you have to wait for more confirmations anyway to ensure a secure transaction. More confirmations = more time. It's a zero-sum game. Darkcoin has 11 rounds of different hashing so you could argue that that is the most secure, not quark. You're trying really hard to get people interested, but the fact remains that it's mined out. No one wants to mine a mined out coin, and no one wants to buy off bagholders.

Another person who does not see things as they actually are.. QRK has a great foundation, and great community and is very well known. Mining means nothing as has been explained to you a million times over. It is merely a form of distribution, the fact is qrk is distributed via the market and has been for months, the mining stage is no longer needed. It is good actually since cost of maintaining price is very cheap. The market price you are seeing is nothing more drastic that the ltc drop or most other alts.

Also if you know anything at all you will see there is only a tiny fraction of qrk for sale at anytime compared to the over all minting. The market value is so EASY to manipulate just a few btc like 10.... can move the price 50% either way.

The big wallets never move their qrk it is locked in. These people are not selling.

However if you watch carefully you can see exactly what is happening .... i watch the market CONSTANTLY.  Watch it yourself.

Whales are dripping the market price down with little bits...... trying to get panic sellers to dump largish chunks.... then all of a sudden BOOM 5 BTC order comes in and takes away the big chunk. Happens over and over. Keep watching.  Someone or some people want qrk for cheap and are sucking it up chunks so as not to bump the price back up.

Where qrk is succeeding is at the top level, they are working on non gimmicky things with a view to seeing qrk accepted where btc and ltc will be ...and forget a lot of new blood likes to see gimmicks or really not gimmicks but tangible useful things they can see are fun or useful to them now. This is where qrk is not doing as well as other coins. They have a LOT of wealth in this coin they should be pushing out services privately funded that give returns to investors that fund the creation of that service.

However long-term qrk is a great buy, if you are a serious crypto investor without qrk in your portfolio then something is certainly wrong with your portfolio.

Right now 90% of coins are slumped including LTC.... that does not mean these are not the coins to be in looking to the mid- long term.

I hold over 100 different coins.... however i will always have a good % of qrk in there. Same for doge and ltc. I do dip in and out trying to increase my number of coins so i like dips and spikes.