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Showing 14 of 14 results by melarina
The fairly-mined quark is still being mined at 1% pa. death is nowhere in sight. let's inspect the facts.
The rate is actually 0.42% p.a.
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network hash rate a 750Mh/s 5.2% orphans. Still very difficult to 51% attack
Take qrk.coinmine.pl offline by DDOSing it and the network hashrate is 37.5Mh, very easy to 51% attack.
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Still in the top 10 cryptocurrencies at http://coinmarketcap.com/mineable.html
If you were in the cohort that came to Quark thanks to Bill Still and invested $20k (based on posts in /r/quarkcoin several people did this), your investment is now worth $3,000-$4,000. I'm sure many of those people are delighted that Quark is still in the top 10 mineable currencies.
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Android wallet at: https://play.google.com/store/apps/details?id=hashengineering.quarkcoin.wallet
Light wallet at: http://mucowa.com/
Light wallet at: http://mucowa.com/
These are great developments. Now convince people to actually use them! The sum of all transaction fees in a 24hr period is about 0.5 QRK. You aren't going to convince miners to stick around if between txn fees and block rewards they stand to make at best a few cents a day. Increase the number of transaction or increase the fee. Ideally, do both. Suppose I have a bunch of QRK in my Android wallet. What can I spend them on?
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Fast transactions.
Every altcoin has fast transactions. what Quark coin has is fast transaction confirmations. Unfortunately it also have a very high orphan rate which means confirmations are a lot less trustworthy than say, for example in Dogecoin, Litecoin or Bitcoin.
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you tell me that you cannot see the bright future?
People, Quark will be steady or even rise before you know it!
Invest in this coin that has a much longer life!
People, Quark will be steady or even rise before you know it!
Invest in this coin that has a much longer life!
Pump, pump, pump and pretend nothing is wrong. It's a great short term solution.
You obviously are not following look here http://www.reddit.com/r/QuarkCoin/comments/1xa0gb/fundraiser_quark_foundation_pool/
Yes, the Quark Foundation announced this initiative about a month ago. It's still in the planning stages. Meanwhile, qrk.coinmine.pl has gone from controlling 90% of the global hashrate to 95%. Most of Quark's current hashrate comes from botnets so the foundation pool may not do much good anyways. It's going to be a little difficult to convince new people to mine when Quark's block reward is 1 QRK ($0.039) and the total amount of all transaction fees for a 24hr period is about 0.52 QRK ($0.02). This is not going to end well. There has been almost no serious discussion by the community of the problems Quark is facing. Instead we have clowns like you and Kolin dancing around and pretending nothing is wrong and starting astroturf social media campaigns. I hope both of you will be able to sleep at night if the worst happens and all those people who invested in Quark because they trusted Kolin and Bill Still lose most of their investments.
one pool is responsible for ~95% of the global hash rate?
It's been that way for months. Nobody in the Quark community seems to care ...or care enough to do anything about it.
doge is inflation-coin now. No need to rush in. There will always be enough since there is no cap on the coins. It is infinite and not scarce any more. It is just a sceme to make miners rich and investors who don't mine look stupid buying it. Just my 2cents.
I realize you are just trolling and aren't necessarily interested in the facts, but for anyone else playing along:
It's 5 billion new coins a year. That's less DOGE than are currently mined in 5 days.
Re: [PSA] MemoryCoin 2.0 compromised by Dev's pre-mine holdings!
So much for the voting aspect of the coin, which now pretty much makes this coin just another worthless shitcoin.
FreeTrade last fall before the MemoryCoin relaunch:
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either we manage to create the virtuous circle (grant->more development->higher price->bigger grant->more development ->higher price->....) and the coin grows exponentially or it dies and I move on. I'm not interested in creating another shitcoin that potters along and wastes everyone's time and energy. If that's what you want, there are plenty to choose from. But if I'm involved, it's going to be a high risk/high reward proposition.
Guess he changed his mind about moving on?
The key was 'continuous' hashrate. A huge chunk of doge's hashrate comes from auto-switchers that are only mining on probably 30% of doge blocks.
The numbers on bitinfocharts are 24hr averages. They take into account fluctuations in hash rate between individual blocks.
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Doge is a joke, albeit a profitable one for the time being until interest dies off.
Maybe the fact that it doesn't take itself quite as seriously as most other altcoins is one of the reasons it's been so successful
Not sure where you get those numbers lol, but the continuous doge hashrate is definitely not that high. Doge has around 1/3 the network strength of LTC.
Where have you been? DOGE and LTC have had roughly the same hashrate for the past three weeks. See for yourself: http://bitinfocharts.com/comparison/hashrate-ltc-doge.html
Too many to list. Go to http://mapofcoins.com/ and look at everything that branches off from PPC (Peercoin) There is also NXT.
Re: Dogecoiners Held A Party in The Financial District, And Ended it with....
thats amazing 
was this covered in some newspapers?
was this covered in some newspapers?New York Magazine: http://nymag.com/daily/intelligencer/2014/02/shibes-wont-discuss-net-worth-at-dogecoin-party.html
google "olympics trademark infringement"
IOC lawyers will rip OlympicCoin apart like a pack of hungry hyenas. This coin has 0 chance of any real success. Move on to the next dumb idea.
IOC lawyers will rip OlympicCoin apart like a pack of hungry hyenas. This coin has 0 chance of any real success. Move on to the next dumb idea.
However I haven't seen a single coin come out in the last year that is actually used. By used I mean beyond buying up hordes of them, reselling them. You may as well be selling wireless extension cords, boxes of pure air, sandpaper toilet paper.
That's what makes Dogecoin interesting to me. People are actually using it instead of just holding and speculating. Reddit's dogetipbot reached 30,000 registered users today. Activity on Dogemarket continues to increase daily. The total value of transactions per day (in USD) is second only to Bitcoin. People may grow tired of the meme and there is the real risk that interest drops as mining rewards drop, but it's pretty amazing how quickly the community has grown. No matter what you think of Dogecoin as an investment, it's a demonstration of how important marketing and community building are to the success of an altcoin.
