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Quark and bitcoin
Satoshi
Posts: 253 Forumite
Is the new quark going to beat bitcoin?
0
Comments
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I suspect the answer is no in both the short and long term. I'm not shy in my opinion that BTC is overvalued, however it has had masses of press which keeps speculators coming in. Short term I think it'll keep that lead position. I also think long term, there is a huge correction due - it's when not if, if you get my drift. At that point, all pseudocurrencies will take a kicking on the same day.0
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The press is good for all alternative currencies.0
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Bill still thinks China rushing into Quark and other crypto is the most important thing going on in the world.
http://www.youtube.com/watch?v=nIkpZ73GMG4
He thinks they will stop buying fiat and buy crypto, but they are mainly buying gold and silver by the ton.0
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