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Behind a Cryptocurrency: Marketing & Branding - A case of Quark, Zetacoin, and Megacoin

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Title : Behind a Cryptocurrency: Marketing & Branding - A case of Quark, Zetacoin, and Megacoin
link : Behind a Cryptocurrency: Marketing & Branding - A case of Quark, Zetacoin, and Megacoin

see also


zetacoin

As I have mentioned in my previous post, there are two main arguments against Quark (QRK).

First of all, the biggest argument lies in the "premining" issue. Let me clarify again, that Quarks were not "premined"! Instead, Quark was launched such that only a small number of early adopters were able to mine a majority of coins within 6 month timespan (99.64% already mined). However, the interesting thing about having almost all the supply out there, is that the price of Quark will stabilize much much faster than Bitcoin. Because Bitcoin will take another 20 odd years to be completely mined out, we could be speculating on the price for much longer than Quark.

Secondly, having a few people own a large number of coins leads to our second argument. How then, can we ensure a fair distribution of Quarks to the rest of the market, following the 6 month accelerated mining period? Sure, we can argue that it's unfair because the early miners get to sell the Quarks for massive profits. But doesn't that also apply to any other cryptocoin? In fact, the issue of fairness is as prevalant in Bitcoin as well as other cryptocoin mining. Bitcoin's mining power is currently being hoarded by the ASIC miners, which in turn gives GPU & CPU miners very little room for profitability. By limiting Quark mining to CPUs only, this can be argued to actually be more beneficial to the community, although it also does bring about a potential problem of Botnets mining from user's computers without their permission.

On another note, besides the technical specifications of each cryptocoin, I have also come to find that there are several other factors that affect a cryptocurrency's adoption, price, and eventual success. This includes:

  1. Infrastructure
  2. Community & Development team
  3. Branding & Marketing

If we look at Bitcoin, it is clear that first-mover advantage is crucial as we can see with Bitcoin's clear lead in the Cryptocurrency market. However, this is not the only reason behind Bitcoin's success. Looking at the landscape chart below, we can see that the Bitcoin infrastructure is well developed with many services competing in various sectors, who are ultimately cooperating to build an ecosystem currently unrivalled by any other cryptocurrency.


In the context of Quark, the community has also been working hard to build up an extensive infrastructure and network. They have revamped their website to make it look much cleaner, and are already in the midst of launching Quarkspend, an ecommerce platform that uses Quark as currency of choice.

I love the energy coming from the Quark community. The work of the community is commendable, and is a prime example of the power of crowdsourcing. The community, not unlike the currency itself, is decentralized and each individual contributes his expertise with a common goal of developing the Quark ecosystem.

This closely knit group of Quark supporters have bonded together in the discussion forums (Quark Forum, and Quark Talk), and are currently developing an introductory video for Quark under their marketing thread here. Also, a user in the forums, Konrad pointed very aptly that the Quark community needs to:

"find out the path Megacoin took to promote Mega and build on it. Megacoin adds nothing new to Altcoins but look at the price, they are doing their marketing perfectly. Since Quark actually has something new to offer in the world of Cryptocurrency building upon Megacoin's marketing plan will increase the price at least 5x over."

Before we investigate the factors driving the success of MegaCoin, I'll first discuss about ZetaCoin. Like Quark, Zetacoin (ZET) has a supply of 160 million coins that will be mined out within a year, with a "small yearly inflation" (as can be seen here). And as such, will also see a quick consolidation in price, followed by a deflationary price for ZetaCoin. In this sense, we can similarly argue that ZetaCoin is to Quark, as Litecoin is like silver is to Bitcoin's gold. Over the last week, ZetaCoin has skyrocketed to its current 11th position on Coinmarketcap. ZetaCoin's value has grown about 5 fold over the last 4 days against BTC, from a low of 0.012 to a high of 0.12 and a current rate of 0.07. Moreover, the ZetaCoin dollar value has also increased from its sub $0.01 price to a current value of $0.065.

I also like the work of the development and community team at ZetaCoin. Unlike most other cryptocoin communities who use Forums to collaborate on their projects, ZetaCoin uses the Cryptocoin Social Network, Nobs.is, to discuss and develop their marketing efforts. The team is still young and there's still much work to be done, but I believe that they have a strong and motivated community, and are on the right track to making ZetaCoin succeed.

Quark, similarly, has also exploded into 4th place on Coinmarketcap. I still stand by my prediction that Quark prices will soon experience the Keiser Effect. And in the context of the analogy of ZetaCoin to Quark, I do believe that there is a huge potential for ZetaCoin to follow Quark's price. Just saying.




MegaCoin (MEC) launched in June 2013, and is a clone of Litecoin's scrypt crypto. It has a rather interesting specification which generates half of the total 42 million coins in the first 5 months, while the rest will be released over the decades with increased difficulty. The intriguing thing about MegaCoin is that it has climbed to the 7th position on Coinmarketcap in the short time that it has been around. As such, we will take MegaCoin as a case study to explore how the other cryptocurrencies can learn from them to better brand and market their cryptocoins.

With a quick content analysis of the MegaCoin website, we can see a well-built website, with a clean simple design, and full of useful links. Apart from the usual informational and download links, I want to also highlight how they have implemented a "shopping & services" tab to allow users to easily spend MegaCoin, a community link for easy access by users, as well as links to their social media accounts. The website also boasts a wide range of translated versions, with 15 different languages, including English, Mandarin, Korean, and many other European languages. We can also find an active community of MegaCoin supporters on their forum and the Reddit page.

With this, I would like to make a few suggestions for the Quark and Zetacoin community.

  1. Revamp homepage to include more links to community sites
  2. Social Media integration on website
  3. Increase engagement on existing networks such as Reddit (instead of focusing on internal community platforms)
  4. ZetaCoin should build a platform to allow users to spend their cryptocoins.

I hope this article has helped you better understand some of the external factors that drive a Crytpocurrency's adoption and price. It will also be interesting to also examine and compare the other leading alternative cryptocurrencies. With most of them being simply a fork of or a clone of Bitcoin/Litecoin, I'm really curious about what determines a certain cryptocurrency's price (besides it's technical characteristics). Of course, first-mover advantage is crucial, as we can see with Bitcoin's clear lead. But I have a hunch that the community, branding, and marketing of a cryptocurrency also play a big role in its success.

As I have mentioned in my previous post, there are two main arguments against Quark (QRK).

First of all, the biggest argument lies in the "premining" issue. Let me clarify again, that Quarks were not "premined"! Instead, Quark was launched such that only a small number of early adopters were able to mine a majority of coins within 6 month timespan (99.64% already mined). However, the interesting thing about having almost all the supply out there, is that the price of Quark will stabilize much much faster than Bitcoin. Because Bitcoin will take another 20 odd years to be completely mined out, we could be speculating on the price for much longer than Quark.

Secondly, having a few people own a large number of coins leads to our second argument. How then, can we ensure a fair distribution of Quarks to the rest of the market, following the 6 month accelerated mining period? Sure, we can argue that it's unfair because the early miners get to sell the Quarks for massive profits. But doesn't that also apply to any other cryptocoin? In fact, the issue of fairness is as prevalant in Bitcoin as well as other cryptocoin mining. Bitcoin's mining power is currently being hoarded by the ASIC miners, which in turn gives GPU & CPU miners very little room for profitability. By limiting Quark mining to CPUs only, this can be argued to actually be more beneficial to the community, although it also does bring about a potential problem of Botnets mining from user's computers without their permission.

On another note, besides the technical specifications of each cryptocoin, I have also come to find that there are several other factors that affect a cryptocurrency's adoption, price, and eventual success. This includes:

  1. Infrastructure
  2. Community & Development team
  3. Branding & Marketing

If we look at Bitcoin, it is clear that first-mover advantage is crucial as we can see with Bitcoin's clear lead in the Cryptocurrency market. However, this is not the only reason behind Bitcoin's success. Looking at the landscape chart below, we can see that the Bitcoin infrastructure is well developed with many services competing in various sectors, who are ultimately cooperating to build an ecosystem currently unrivalled by any other cryptocurrency.


In the context of Quark, the community has also been working hard to build up an extensive infrastructure and network. They have revamped their website to make it look much cleaner, and are already in the midst of launching Quarkspend, an ecommerce platform that uses Quark as currency of choice.

I love the energy coming from the Quark community. The work of the community is commendable, and is a prime example of the power of crowdsourcing. The community, not unlike the currency itself, is decentralized and each individual contributes his expertise with a common goal of developing the Quark ecosystem.

This closely knit group of Quark supporters have bonded together in the discussion forums (Quark Forum, and Quark Talk), and are currently developing an introductory video for Quark under their marketing thread here. Also, a user in the forums, Konrad pointed very aptly that the Quark community needs to:

"find out the path Megacoin took to promote Mega and build on it. Megacoin adds nothing new to Altcoins but look at the price, they are doing their marketing perfectly. Since Quark actually has something new to offer in the world of Cryptocurrency building upon Megacoin's marketing plan will increase the price at least 5x over."

Before we investigate the factors driving the success of MegaCoin, I'll first discuss about ZetaCoin. Like Quark, Zetacoin (ZET) has a supply of 160 million coins that will be mined out within a year, with a "small yearly inflation" (as can be seen here). And as such, will also see a quick consolidation in price, followed by a deflationary price for ZetaCoin. In this sense, we can similarly argue that ZetaCoin is to Quark, as Litecoin is like silver is to Bitcoin's gold. Over the last week, ZetaCoin has skyrocketed to its current 11th position on Coinmarketcap. ZetaCoin's value has grown about 5 fold over the last 4 days against BTC, from a low of 0.012 to a high of 0.12 and a current rate of 0.07. Moreover, the ZetaCoin dollar value has also increased from its sub $0.01 price to a current value of $0.065.

I also like the work of the development and community team at ZetaCoin. Unlike most other cryptocoin communities who use Forums to collaborate on their projects, ZetaCoin uses the Cryptocoin Social Network, Nobs.is, to discuss and develop their marketing efforts. The team is still young and there's still much work to be done, but I believe that they have a strong and motivated community, and are on the right track to making ZetaCoin succeed.

Quark, similarly, has also exploded into 4th place on Coinmarketcap. I still stand by my prediction that Quark prices will soon experience the Keiser Effect. And in the context of the analogy of ZetaCoin to Quark, I do believe that there is a huge potential for ZetaCoin to follow Quark's price. Just saying.




MegaCoin (MEC) launched in June 2013, and is a clone of Litecoin's scrypt crypto. It has a rather interesting specification which generates half of the total 42 million coins in the first 5 months, while the rest will be released over the decades with increased difficulty. The intriguing thing about MegaCoin is that it has climbed to the 7th position on Coinmarketcap in the short time that it has been around. As such, we will take MegaCoin as a case study to explore how the other cryptocurrencies can learn from them to better brand and market their cryptocoins.

With a quick content analysis of the MegaCoin website, we can see a well-built website, with a clean simple design, and full of useful links. Apart from the usual informational and download links, I want to also highlight how they have implemented a "shopping & services" tab to allow users to easily spend MegaCoin, a community link for easy access by users, as well as links to their social media accounts. The website also boasts a wide range of translated versions, with 15 different languages, including English, Mandarin, Korean, and many other European languages. We can also find an active community of MegaCoin supporters on their forum and the Reddit page.

With this, I would like to make a few suggestions for the Quark and Zetacoin community.

  1. Revamp homepage to include more links to community sites
  2. Social Media integration on website
  3. Increase engagement on existing networks such as Reddit (instead of focusing on internal community platforms)
  4. ZetaCoin should build a platform to allow users to spend their cryptocoins.

I hope this article has helped you better understand some of the external factors that drive a Crytpocurrency's adoption and price. It will also be interesting to also examine and compare the other leading alternative cryptocurrencies. With most of them being simply a fork of or a clone of Bitcoin/Litecoin, I'm really curious about what determines a certain cryptocurrency's price (besides it's technical characteristics). Of course, first-mover advantage is crucial, as we can see with Bitcoin's clear lead. But I have a hunch that the community, branding, and marketing of a cryptocurrency also play a big role in its success.

Quarkcoin (QRK) is a Pump & Dump - Or Is It Really?

zetacoin - Hello friend Grow Your Bitcoin, Get Free BTC, In the article you read this time with the title zetacoin, we have prepared well for this article you read and take of information therein. hopefully fill posts Artikel altcoin, Artikel crypto, Artikel cryptocurrency, Artikel dump, Artikel ponzi, Artikel pump, Artikel pump and dump, Artikel qrk, Artikel quark, Artikel quarkcoin, Artikel scam, Artikel scamcoin, Artikel zet, Artikel zetacoin, we write this you can understand. Well, happy reading.

Title : Quarkcoin (QRK) is a Pump & Dump - Or Is It Really?
link : Quarkcoin (QRK) is a Pump & Dump - Or Is It Really?

see also


zetacoin

If you still don't know what Quarkcoin (QRK) is, Jason explains it pretty well in his recent video below.

Since Bill Still talked about Quark in his recent video, it has exploded within the Bitcoin community and has received huge critism, with many dismissing it as a "scamcoin" or a "pump and dump" scheme. See the Reddit discussions below for more information.

Reddit: Are we being mislead by Quarkcoin Propaganda? 
Reddit: Pump and Dump scheme


Apart from Quark being more secure by using 6 different hashing algorithms, I have yet to be able to find any substantial evidence that this coin is "not a scam" or "better" than most other alts out there. The conversations about Quark have exploded in Reddit over the last few days, and the most asked question is regarding the issue of 98.9% of the Quarks being already mined out.

In fact, almost everyone in the Bitcoin community has been calling Quark a scam, and saying that the heavily vested (Max Keiser & Bill Still) are overhyping a premined coin for their own profits. However, someone like Bill Still or Max Keiser pumping a "useless" coin solely for their own benefits seems like a stupid thing to do. In my opinion, there has to be a better reason as to why they really believe so!

Also, I want to emphasize that Quarks were NOT pre-mined! Instead, the 98% of Quarks that have already been mined were mined by a community of ~100 or so people, who in the case of Quark, will be the central nodes of distribution for Quarks. This then leads to the more important question, how can the Quarks held by 100 people be fairly distributed among the rest of the new adopters?

This was covered in depth in a few discussions that I found, but there is still no concrete answer to the question posed.
  1. Quark Forum: Decentralization and Supply of Quark
  2. Reddit Discussion: How to answer the Premining question
  3. Quark Forum: Question Pre-Mining

The closest answer we have lies in Quark's design. QRK is designed in a way that only CPU mining is efficient. Quark is being mined during a short period of time, which discourages GPU or ASIC miners and keeps the coin fair since Developing ASIC miners takes considerable time and man power. Quarks are mostly mined by early miners, and have been well distributed before the value of this coin goes high like Bitcoin. So there are no ASIC miners and hence we don't have a case where a minority of privileged people mining using specialized hardware gain big profits. From this point of view, Quark is more decentralized since virtually everyone (rather than certain groups of people with special hardware) can mine it; the likelihood of monopolization is smaller.

[Source: Quark Forum: Decentralization and Supply of Quark, Quark Forum: Question Pre-Mining]

Secondly, from the official information posted on Cryptocointalk, it is interesting to note that the supply of QRK is inflationary, wtih a total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation). This is interesting because it is a completely opposite take on Bitcoin's limited supply. And this means that the value of QRK is deflationary.

Thirdly, Quarkcoin also brings with it several technical benefits when you compare it to Bitcoin, as pointed out by user majormax (see the discussion here). Some of them are listed below:
  1. Secure and different Hashing algorithm. 9 rounds of hashing from 6 hashing functions, rather than a single Hash function, which most coins use. Although the single hash function is considered sufficient at present, the multiple hash gives a further layer of security against future unknowns.
  2. Rapid block generation times. The block generation time for QRK is 30 seconds against 10 minutes for BTC.
  3. A rapid decrease in the Mining Subsidy. This increases scarcity at a greater rate: the newly mined coins available for sale do not affect market price as much as other alternative currencies.

I have also compiled some Quarkcoin related news, which I recommed you watch/read before investing in Quark.


  1. http://www.reddit.com/r/Bitcoin/comments/1rvcpd/bill_still_to_talk_about_cryptos_on_the_max/
  2. http://dailysilverupdate.com/blog/2013/12/max-keiser-bill-still-on-bitcoin-litecoin-quarkcoin-prices/
  3. http://www.youtube.com/watch?v=7daKwO3cgiU
  4. http://www.reddit.com/r/Bitcoin/comments/1rwfni/shame_on_you_bill_still_you_hate_on_bitcoin_for_2/
  5. http://www.reddit.com/r/Bitcoin/comments/1rr4eg/keiser_promoting_another_scamcoin_pump_and_dump/
  6. http://www.reddit.com/r/QuarkCoin/comments/1rxcs4/stop_pulling_out_of_quark_there_is_nothing_to/


After doing this preliminary research, I still have no clue as to whether or not Quark will be here to stay. On the other hand, Quarks will soon experience the Keiser Effect, and I'm not going to miss this boat. I will continue to research into Quark, and buy more (as the price decreases, just my prediction) until it rises after the 19th of December, when Keiser Report airs. Don't forget to vote on my Quark poll on the right column! Also, please tell me what you think in the comments section. Whether not you agree or disagree with me, I just want to know what you think, so shoot me!

Another coin to watch is Zetacoin, which also has an infinitely inflationary supply. Read up more about Zetacoin by clicking here. Also, watch out for Bitcoinsachs' upcoming blog post or follow his Twitter account @BitcoinSachs. Might cover that over the weekend. Stay tuned!

If you still don't know what Quarkcoin (QRK) is, Jason explains it pretty well in his recent video below.

Since Bill Still talked about Quark in his recent video, it has exploded within the Bitcoin community and has received huge critism, with many dismissing it as a "scamcoin" or a "pump and dump" scheme. See the Reddit discussions below for more information.

Reddit: Are we being mislead by Quarkcoin Propaganda? 
Reddit: Pump and Dump scheme


Apart from Quark being more secure by using 6 different hashing algorithms, I have yet to be able to find any substantial evidence that this coin is "not a scam" or "better" than most other alts out there. The conversations about Quark have exploded in Reddit over the last few days, and the most asked question is regarding the issue of 98.9% of the Quarks being already mined out.

In fact, almost everyone in the Bitcoin community has been calling Quark a scam, and saying that the heavily vested (Max Keiser & Bill Still) are overhyping a premined coin for their own profits. However, someone like Bill Still or Max Keiser pumping a "useless" coin solely for their own benefits seems like a stupid thing to do. In my opinion, there has to be a better reason as to why they really believe so!

Also, I want to emphasize that Quarks were NOT pre-mined! Instead, the 98% of Quarks that have already been mined were mined by a community of ~100 or so people, who in the case of Quark, will be the central nodes of distribution for Quarks. This then leads to the more important question, how can the Quarks held by 100 people be fairly distributed among the rest of the new adopters?

This was covered in depth in a few discussions that I found, but there is still no concrete answer to the question posed.
  1. Quark Forum: Decentralization and Supply of Quark
  2. Reddit Discussion: How to answer the Premining question
  3. Quark Forum: Question Pre-Mining

The closest answer we have lies in Quark's design. QRK is designed in a way that only CPU mining is efficient. Quark is being mined during a short period of time, which discourages GPU or ASIC miners and keeps the coin fair since Developing ASIC miners takes considerable time and man power. Quarks are mostly mined by early miners, and have been well distributed before the value of this coin goes high like Bitcoin. So there are no ASIC miners and hence we don't have a case where a minority of privileged people mining using specialized hardware gain big profits. From this point of view, Quark is more decentralized since virtually everyone (rather than certain groups of people with special hardware) can mine it; the likelihood of monopolization is smaller.

[Source: Quark Forum: Decentralization and Supply of Quark, Quark Forum: Question Pre-Mining]

Secondly, from the official information posted on Cryptocointalk, it is interesting to note that the supply of QRK is inflationary, wtih a total of 247 million QRK will be mined in ~ 6 months, after that ~ 1 million QRK p.a. (~ 0.5% p.a inflation). This is interesting because it is a completely opposite take on Bitcoin's limited supply. And this means that the value of QRK is deflationary.

Thirdly, Quarkcoin also brings with it several technical benefits when you compare it to Bitcoin, as pointed out by user majormax (see the discussion here). Some of them are listed below:
  1. Secure and different Hashing algorithm. 9 rounds of hashing from 6 hashing functions, rather than a single Hash function, which most coins use. Although the single hash function is considered sufficient at present, the multiple hash gives a further layer of security against future unknowns.
  2. Rapid block generation times. The block generation time for QRK is 30 seconds against 10 minutes for BTC.
  3. A rapid decrease in the Mining Subsidy. This increases scarcity at a greater rate: the newly mined coins available for sale do not affect market price as much as other alternative currencies.

I have also compiled some Quarkcoin related news, which I recommed you watch/read before investing in Quark.


  1. http://www.reddit.com/r/Bitcoin/comments/1rvcpd/bill_still_to_talk_about_cryptos_on_the_max/
  2. http://dailysilverupdate.com/blog/2013/12/max-keiser-bill-still-on-bitcoin-litecoin-quarkcoin-prices/
  3. http://www.youtube.com/watch?v=7daKwO3cgiU
  4. http://www.reddit.com/r/Bitcoin/comments/1rwfni/shame_on_you_bill_still_you_hate_on_bitcoin_for_2/
  5. http://www.reddit.com/r/Bitcoin/comments/1rr4eg/keiser_promoting_another_scamcoin_pump_and_dump/
  6. http://www.reddit.com/r/QuarkCoin/comments/1rxcs4/stop_pulling_out_of_quark_there_is_nothing_to/


After doing this preliminary research, I still have no clue as to whether or not Quark will be here to stay. On the other hand, Quarks will soon experience the Keiser Effect, and I'm not going to miss this boat. I will continue to research into Quark, and buy more (as the price decreases, just my prediction) until it rises after the 19th of December, when Keiser Report airs. Don't forget to vote on my Quark poll on the right column! Also, please tell me what you think in the comments section. Whether not you agree or disagree with me, I just want to know what you think, so shoot me!

Another coin to watch is Zetacoin, which also has an infinitely inflationary supply. Read up more about Zetacoin by clicking here. Also, watch out for Bitcoinsachs' upcoming blog post or follow his Twitter account @BitcoinSachs. Might cover that over the weekend. Stay tuned!

Insider News and Predictions: Eyes on Quarkcoin & Zetacoin - The Future of Crytpo Currency?

zetacoin - Hello friend Grow Your Bitcoin, Get Free BTC, In the article you read this time with the title zetacoin, we have prepared well for this article you read and take of information therein. hopefully fill posts Artikel altcoin, Artikel bill still, Artikel Bitcoin, Artikel crypto, Artikel cryptocurrency, Artikel cryptsy, Artikel keiser, Artikel litecoin, Artikel ltc, Artikel qrk, Artikel quark, Artikel quark coin hype, Artikel quarkcoin, Artikel zet, Artikel zetacoin, we write this you can understand. Well, happy reading.

Title : Insider News and Predictions: Eyes on Quarkcoin & Zetacoin - The Future of Crytpo Currency?
link : Insider News and Predictions: Eyes on Quarkcoin & Zetacoin - The Future of Crytpo Currency?

see also


zetacoin

Since I mentioned a resistance/support of $50/$25 for LTC in my post from 2 days ago, LTC prices have found it's support at $23.51, and has risen over the last 4 hours to it's current BTC-e price of about $32. Hold on tight to your Litecoins because I think prices are going to continue going up and break the $50 resistance by Friday, probably earlier. I wasn't thinking of writing a post today, and I still owe you a post about Panic selling/buying & Bull/Bear traps, but I found some interesting topics to write about that will interest you altcoin and crypto junkies.

What really triggered this blog post was a tweet I saw by Keiser, featuring Quarkcoin (QRK) alongside Bitcoin and Litecoin as the cryptocurrenies of choice. I first saw the word Quarkcoin when it broke into the top 10 market cap with over 300% increase in market capaitalization value overnight.


I overlooked it even after seeing it rise from 6th to 5th, until I saw what Keiser tweeted:

If Keiser said it, it has to be worth something. With his reach and influence within the Bitcoin community, we could see a huge jump in Quark prices soon, even if it doesn't have much value. From my research so far, I found out that Quark uses nine rounds of secure hashing from six different algorithms to make Quark transactions super secure. Many programmers have been worried about whether or not the Bitcoin protocol is hackable, but Quark has just made it even closer to impossible by using a mix of algorithms. On the other hand, what intrigues me is that 98.9% of the Quarks have already been mined (see the Reddit discussion here), which makes me wonder how this is a good thing. If you know how this is beneficial to the community, please drop a comment down below! Greatly appreciated!

Apparently the prices surged after a video of Bill Still, a legendary Economics cult figure went viral among the Bitcoin community. What's notable is that Bill will be appearing on a Keiser Report interview, which airs on the 19th of December, so keep your eyes peeled.


And lastly, we could see Quark on a Chinese exchange over the next few days. If this is true, you better get your Quarks as soon as you can!




During my research into Quark, I found out about Zetacoin (ZET). The prices of Zetacoin have increased 550% against the bitcoin, with ZET/BTC prices skyrocketing from 0.0065 at the beginning of 30th November to a peak of 0.055 and is currently hovering around 0.036 at the time of posting (Source: Cryptocoincharts.com). Looking into Zetacoin, I found that it actually has an inflationary characteristic. There are a total of 160 million Zetacoins, and upon the depletion of this initial supply, 1 million additional Zetacoins will be added to the supply every year. This is quite a different take from the limited supply of all other cryptocurrencies, and could be an interesting tweak that can potentially solve some of Bitcoin's existing limitations.

I'm still not entirely sure about the benefit and utility of Zetacoin, but I'm going to jump on the bandwagon and bet on the hype of the Zetacoin, while I do more research over the next few days.





To buy either of these 2 cryptocurrencies, along with almost any other alt coin out there, set up an account at Cryptsy.com to get started! I only started my account today, and I've had a pretty decent experience so far. Still some problems with the site such as:

  1. Deposits take way longer than they should. Bitcoin deposits take about 45mins to 2 hours.
  2. Cancellation of open orders will result in your funds being "stuck" in limbo for up to an hour.
  3. It took 45 mins for my account verification email to arrive. 
  4. Interface is less responsive (laggier) than I would prefer.

I think its just a problem with them being unable to handle the surge in traffic over the last 5 days, and I hope that fix it soon. But apart from these problems, looks really good, and I'm definitely using this over BTC-e from now on.

I hope this post was useful for you. These are my own views and thoughts, which like the Bitcoin market, is largely driven by speculation. Follow my recommendations at your own risk. With that said, to all of you guys holding Quarks and Zetacoins, I'll see you on the moon and give lets China's Chang'e-3 a surprise! ;)


http://bitbash.blogspot.sg/2013/11/quarkcoin.html
http://www.reddit.com/r/Bitcoin/comments/1rmuf8/quark_coin_is_up_450_since_yesterday_got_any/
http://www.reddit.com/r/QuarkCoin/comments/1rrrqe/welcome_to_quarkcoin_as_btce_would_put_it_to_the/


Since I mentioned a resistance/support of $50/$25 for LTC in my post from 2 days ago, LTC prices have found it's support at $23.51, and has risen over the last 4 hours to it's current BTC-e price of about $32. Hold on tight to your Litecoins because I think prices are going to continue going up and break the $50 resistance by Friday, probably earlier. I wasn't thinking of writing a post today, and I still owe you a post about Panic selling/buying & Bull/Bear traps, but I found some interesting topics to write about that will interest you altcoin and crypto junkies.

What really triggered this blog post was a tweet I saw by Keiser, featuring Quarkcoin (QRK) alongside Bitcoin and Litecoin as the cryptocurrenies of choice. I first saw the word Quarkcoin when it broke into the top 10 market cap with over 300% increase in market capaitalization value overnight.


I overlooked it even after seeing it rise from 6th to 5th, until I saw what Keiser tweeted:

If Keiser said it, it has to be worth something. With his reach and influence within the Bitcoin community, we could see a huge jump in Quark prices soon, even if it doesn't have much value. From my research so far, I found out that Quark uses nine rounds of secure hashing from six different algorithms to make Quark transactions super secure. Many programmers have been worried about whether or not the Bitcoin protocol is hackable, but Quark has just made it even closer to impossible by using a mix of algorithms. On the other hand, what intrigues me is that 98.9% of the Quarks have already been mined (see the Reddit discussion here), which makes me wonder how this is a good thing. If you know how this is beneficial to the community, please drop a comment down below! Greatly appreciated!

Apparently the prices surged after a video of Bill Still, a legendary Economics cult figure went viral among the Bitcoin community. What's notable is that Bill will be appearing on a Keiser Report interview, which airs on the 19th of December, so keep your eyes peeled.


And lastly, we could see Quark on a Chinese exchange over the next few days. If this is true, you better get your Quarks as soon as you can!




During my research into Quark, I found out about Zetacoin (ZET). The prices of Zetacoin have increased 550% against the bitcoin, with ZET/BTC prices skyrocketing from 0.0065 at the beginning of 30th November to a peak of 0.055 and is currently hovering around 0.036 at the time of posting (Source: Cryptocoincharts.com). Looking into Zetacoin, I found that it actually has an inflationary characteristic. There are a total of 160 million Zetacoins, and upon the depletion of this initial supply, 1 million additional Zetacoins will be added to the supply every year. This is quite a different take from the limited supply of all other cryptocurrencies, and could be an interesting tweak that can potentially solve some of Bitcoin's existing limitations.

I'm still not entirely sure about the benefit and utility of Zetacoin, but I'm going to jump on the bandwagon and bet on the hype of the Zetacoin, while I do more research over the next few days.





To buy either of these 2 cryptocurrencies, along with almost any other alt coin out there, set up an account at Cryptsy.com to get started! I only started my account today, and I've had a pretty decent experience so far. Still some problems with the site such as:

  1. Deposits take way longer than they should. Bitcoin deposits take about 45mins to 2 hours.
  2. Cancellation of open orders will result in your funds being "stuck" in limbo for up to an hour.
  3. It took 45 mins for my account verification email to arrive. 
  4. Interface is less responsive (laggier) than I would prefer.

I think its just a problem with them being unable to handle the surge in traffic over the last 5 days, and I hope that fix it soon. But apart from these problems, looks really good, and I'm definitely using this over BTC-e from now on.

I hope this post was useful for you. These are my own views and thoughts, which like the Bitcoin market, is largely driven by speculation. Follow my recommendations at your own risk. With that said, to all of you guys holding Quarks and Zetacoins, I'll see you on the moon and give lets China's Chang'e-3 a surprise! ;)


http://bitbash.blogspot.sg/2013/11/quarkcoin.html
http://www.reddit.com/r/Bitcoin/comments/1rmuf8/quark_coin_is_up_450_since_yesterday_got_any/
http://www.reddit.com/r/QuarkCoin/comments/1rrrqe/welcome_to_quarkcoin_as_btce_would_put_it_to_the/