“Perhaps, over the past year, Quark has not completed its initial offerings, but you can still mint it and join the largest colored coin MEME community from now on.”

One Quark, containing 20,000 coins, due to the one coin one satoshi characteristic, it embeds 20,000 satoshis of BTC, which is 0.0002 BTC. At today's price of 85,000 dollars, the BTC value here is 17 USD. The market price of a Quark today is only 22 USD (i.e., 1.25 sats per coin).

The official minting of Quark was completed over a year ago, and now it has entered a more interesting 'minting' period than the rush for gas back then.

……

The topic of security has actually been discussed countless times. The one coin one satoshi feature is good because it can hoard BTC / will not go to zero / passively appreciates... but these advantages often limit the upside potential of tokens with a 'high satoshi content'.

When a coin is overly secure, it won't drop, but may face a situation like this:
A paper hand that could have sold, thinks: since it won’t drop anyway, I won't leave for now. I’ll run after a 10% increase;
A conservative newcomer thinks: since it can only drop 10-20%, I’ll run after it doubles; the risk-reward ratio is appropriate;

Such coins won’t have much volatility for several months, neither up nor down, waiting for BTC to passively appreciate. Although stable, they cannot outperform altcoins.

Many holders are anxious when they see this situation, unable to move up. Stuck, they are reluctant to sell at the satoshi price, yet dissatisfied with the growth rate compared to altcoins. In a bear market, it doesn’t matter; everyone is down. Our colored coin can't move, which is quite nice; when a bull market comes, everyone is up, and missing out is the most uncomfortable.

The more this happens, the more people choose to cut losses and switch when there could have been passive appreciation—over time, this coin starts to resemble a stablecoin more.

If the community gradually disperses, this coin will essentially be equivalent to Bitcoin, firmly 1 coin 1 satoshi;
If the community is still holding on, and the narrative is still acceptable, then it will be an incredibly long 1-2 satoshi fluctuation period.

What I’m describing is exactly the situation of $Quark over the past few months.

When the community first preached about Quark's 'security', many felt it was not something to boast about.
Since then, I have pondered countless times, is it always a good thing for value to be anchored to Bitcoin?

……

Over the past few months, I have developed a new understanding of the current situation: the price range of 1-2 satoshis has always belonged to the 'initial offering period' (or 'minting period').

The essence of Bitcoin provides a 'value bottom', because we view things from a USD perspective. As we enter a new era of the Bitcoin ecosystem represented by Atomicals, we should adopt a new worldview based on satoshis / Bitcoin.

The 1.2 satoshi Quark, at both 50,000 and 90,000 dollars for Bitcoin, is essentially the same; it is merely the minting cost plus a 20% processing fee.

Over the past few months, 'buying Quark' has simply been a choice of whether to color Bitcoin into this ARC-20 token. For this coloring, you need to pay a premium processing fee of 1-100%. The price of 1.1-1.2 satoshis can be understood as a low gas period, while 1.8 satoshis and above can be understood as a high gas period.

This so-called 'MINT period' is also like what we call 'internal trading', with prices almost pegged to Bitcoin, allowing each participant to exit at any time, with very little expected loss.

Until one day, FOMO kicks in, and the satoshi-based price rises above 3 satoshis, starting to significantly deviate from the Bitcoin price, at which point we officially enter 'external trading', able to cast off 'insurance' / 'safety net' like other meme coins, enjoying large fluctuations. It is also at this time that those who entered for safety basically exit, allowing the 'vehicle' to lighten.

Based on this logic, it is easy to understand why there are always unsold coins below 2 satoshis. Because these people know it is almost cost-free 'initial offering time', selling now is just equivalent to recovering BTC plus processing fees. Those who should have exited still choose to 'wait for a little rise before running'.

Being overly secure is a reassuring point.
But now, our goal is to become 'dangerous' as soon as possible, breaking out of this initial offering price range.

It can be anticipated that there will still be many potential sell orders below 2 satoshis, but this is precisely the best opportunity to rebuild the community.

This time, Quark has reopened a long-term 'minting' for everyone. In this minting period, it is hard to get rich quickly, but also hard to lose money; what happens is merely constant trading. Until one day, large funds quickly sweep away the 2 satoshis, the trading process can accelerate significantly. Finally, once all 'safe prices' are consumed, our minting period of about half a year will finally end.

Safety will certainly only be temporary, but the safety at this time also gives everyone a chance to join the journey from the starting point.

Many great opportunities in history have always left enough time for everyone to get on board.

- For the community, we need to embrace this initial offering logic. Before we 'fully mint', we are merely depositing BTC, and as long as the community continues to build, there will surely come a day when we can 'fully mint' and break away from the 'safety narrative' towards a unit price of millions of satoshis; that will be our true starting point;

- For outsiders, investing in Quark is no longer a matter of considering risks. As long as you believe it will be completely minted and will break out of the 2 satoshi protection range, the future will be vast.
Now, you can still participate in 'minting', using Bitcoin to exchange for Bitcoin crafts.
If you are willing to believe in this narrative, believe in this idealistic community, then feel free to 'MINT' some, dream together, and become diamond hands; it might bring you unexpected miracles.

……

Looking back at the entire ARC20 ecosystem from Quark, in fact, all colored coins that 'return to satoshis' have merely returned to the minting period.

In the world of colored coins, returning to satoshis means returning to zero. Some may not have lost money, but from the perspective of Bitcoin, they have returned to the starting point.

Only by returning to satoshis can there be a rebirth.

With the results of a year's community building, with our accumulation and efforts, with the consensus gathered from all diamond hands, are you willing to start over and 'mint' some ARC-20 tokens?

Waiting for a breakthrough, waiting to break away from 'safety', only then can we officially start the journey towards 10x 100x development track.
This process may be long or short, but with such a resilient community, we will reach it.

Pump it!

#arc20 #Atomicals #quark #ColoredCoin #Atomarc #electron