Hi guys,
i am a top 29 quark holder with almost 1m quarks. I invested around $10k in Litecoin when they were around $2. I had around 6000 Litecoin which i sold all at between $24 and $26 each making $150k and exchanged them to BTC.
Before Quark i have been active in BTC-e and that where i found out about Quark. Everyone was talking about it. I researched a little and was convinced to go big on it. I loved the brand, the logo, and the fact that pretty well known people in the industry were talking about it.
I don't know if you guys remember that picture at the forums someone posted which stated that there was a 100 BTC buy order for quark, well that was me. I bought 500k quark at 0.00019 which made the price shoot up to 0.00032. So greed got me and i started to hold but then Bitcoin crashed and quark went with it. After that it went worse and 1 thing that bothered me was kolins behaviour, but somehow i kept my fate and bought another 500k BTC at lower prices.
So as you see i have lost around $140k (if i would sell) on quark, would i have been in Bitcoin i would have lost $50k. Meanwhile i have been giving around 40k quark to different projects like thunderclap where i gave away around 25k quark and apart from that i have been customising Quark subreddit to make it look nice. Notice that i'm just a trader and have no skills in coding and such so it's the best i can do. You might wonder why i don't give away much more, well the answer is simple i have already lost a lot and i'm certainly not rich in my private life. Although i still have fate in it and refuse to sell at these prices.
Hi Netnox, I want to say I respect the faith you've given Quark. I only found out about Quark early last month, I had huge issues with bitcoin last year with some mining equipment almost getting ripped of $40K. Since then I haven't followed any activity in crypto world till late December when I caught up with all the news and I remembered I had some forgotten bitcoins in mtgox and blockchain.info. Then in April I started investing again in Bitcoin and I slowly realized that the economic model serves only for hording and isn't a viable financial day to day purchases, so I started to look out for Alts which provide exactly this, from all the top 40 coins I must say the only viable alternative that I found was Quark!
The issue with large purses that is being brought up is false because every coin has it, hell even Satoshi has 1 million bitcoins which are thought to be either lost or simply left untouched. Why is false, because Quark is inflationary in nature and with the million coins added annually it only means that there is no reason for speculating on its value and so the 1000 miners that were mining in the first 6 months probably sold all their quark already and those that bought at that early stage took all the risks, so its only fair they should be rewarded if the value goes up. You are among those who took all the risks and now you're losing so huge respect to those like you that hold their QRK and also try to get involved in the community.