/biz/ - Business & Finance

Tears.

>>2535506
>because the shill was real

>to break even

>not even using that crap

The ones that care about profits left a long time ago.

>>2535506
>because i fell in love with this coin
>nothing, only suffer
>yes

>tfw bought in at 100k sat
>tfw been accumulating more over this dip

i feel so sorry for ark holders. literally the only good thing they can keep telling themselves is "damn, the wallet sure looks sexy though"

>>2535506
>holding
1003
>expecting
slow gainz over the summer. maybe $2 by the end of the year
>Are you enjoying that beautiful wallet?
Yeah its nice

I got my biz payout yesterday and it made me happy. I like that we've built a passive income machine.

>>2535529
Noobs looking for pump and dumps left (hopefully). Those looking for long term steady growth are still accumulating.

>Tfw been accumulating since 17k Satoshi

>>2535558
You're not expecting 10x gains over the course of a week are you?

>only project with mature devs with a history in other crypto projects
>only project with competent and usable code
>only project with a completely transparent roadmap that is constantly updated

See you 3 months

>>2535547
you bought in at 2 dollars?

>>2535628
I genuinely feel sorry for the fools that cannot see past through the FUD. They're gonna be on suicide watch in a year or two.

>>2535628
there is one respected dev on the ark team, the rest are pot heads

>>2535659
It's the norm for developers to smoke pot you pleb. It helps with inspiration, in fact even Vitalik smokes pot. There's a picture of him coding with a pipe in the background...

>>2535628
Lmao you're actually delusional. Jesus Christ.

>Why are you holding?
I wanted to help the /biz/ delegate reach rank 51 (and they did, so I just get a weekly payout).

>What are you expecting
Long term hold.
Right now it's a lot like a crypto bank account with a passive interest (that's much higher than a fiat bank). If it's price is stable, it can at least serve as that.

>Are you enjoying that beautiful wallet?
Not really, if I'm not actually doing anything with it in the average case.

moon pls

just dropping in to say that wallet indeed is clean as fuck.

>>2535547
oops 10k

>>2535769
Hahahahahahahahaha

Fucking helll kek

>>2535547
>bought at 9k
>sank everything i have into it
>cant buy more during this dip

someone reassure me that this is the right move
all the fud I've seen the past week is starting to get to me

>>2535986
It is. Just hold on tight, it's an extremely promising coin

You should have seen the FUD around Ethereum back in early 2016 on /biz/

Because I think it's a genuinely interesting project with a lot of promise.

Moon in two years.

Sooo much! Fucking sexy and fast as hell.

Also thanks for the payout yesterday mates!

So I voted for the biz delegate, do I still have to keep my wallet online to earn my stake?

>>2536049
>two years
nigger, i need the $$$ now.
just buy monacoin you fucks, not even halved yet.

>>2535506
ARK needs bigger rewards per block if the devs want to keep the community support going, for instance €700 investment nets you pitiful gains around €10 per month (at current price), which is 1,4%; in crypto terms this is nothing
what's even more alarming is the falling interest in ARK which is present only on 2 exchanges, just look at the decreasing volume
I also don't know why the devs released it so early; DPoS is a very welcome feature but by no means a central selling point - smartbridge - which should've been implemented from the get go
if this goes into production soon I can see it proliferate and make partnerships with normie-friendly payment channels
my patience is running out

>>2536067
just sell me your bags

>>2536082
not quite there yet
I'm merely putting forth imo a valid critique of ARK

>>2536082
Fuck you those bags are mine

>>2536052
Nope.

>because FOMO initially, now because arkbros are the only ones that don't try to dick eachother over 24/7 like other coins
>absolutely nothing but stability and potentially $2 in a year or something
>love the wallet

I will never sell my bags.

>>2536178
>$2 in a year or something
>in a year
that shit better happen by the end of this year

>https://www.youtube.com/watch?v=jie68JB77os

This guy can barely answer questions properly or afford a fucking non shit webcam and you are investing in his shit? lmao

>have 5000
>Feel nothing

Bots are fucking the price

Dev said there's a lot of releases coming within the next 6 months so I'll hold my bags gladly until then.
>pro tip, platforms do well in this market
>Ark is a platform

>>2536067
Well you don't need to waste power to stake for ARK.
As for the smartbridge, they said it's going live somewhere between Q3 and Q4 2017. I really don't mind waiting for the tech since it's the coins signature aspect for now, so everyone expects it to be polished as it arrives, it's a long term hold imo anyway.
The only thing I'm kind of pissed about is that it's only on Bittrex and being manipulated as fuck for the last couple of weeks, from what I saw, the devs did what they could on the Polo deal and waiting for a response from them. What you can do to help is to request polo to list this coin.
This project had it's first surge of hype 2 weeks ago and it's natural that it corrects itself after going up 400% in 2 days.
The weak hands will drop off and oh will they cry come winter, but it's a part of the game.

>>2536292
Oh yeah. Ark hasn't even really started yet.

ARK is now as low as it will go. Buy now for easy profits.

We'll build a real ark when this moons, boys, and we'll all be comfy together.

>>2536554
I'll see you there my man.

I'll cook for us

>>2536683

ill let people use my bussy

>>2536790
Are you a grill...?

>>2535628
>>2535898
>>2535917
>>2536005
>>2536178
>>2536292
>>2536302
>>2536308
>>2536554
>>2536683
Gotta say, I don't give a shit about the moon. This is a really neat project with a tight as fuck community. I like you guys.

>>2536810
I do too. Even if it ends up being just another memecoin, this feels like the /biz/ of old and the concept being the project is amazing. The slack is friendly too, usually there's a lot of tension in them but everyone is friendly in it

>>2536178
Same.
First fomo, now to enjoy the last place comf on biz.
Have 10k, voting on biz delegate, holding forever

arkbro here too, what is the actual difference between blocknet and ark? should I invest in both?

>>2536910
Idk, to be honest
Theres always that one guy in almost all ark threads mentioning in it.
I hold like 0.15BTC in BLOCK as a hedge, but 10K ark

>>2536910
From what I understand, Blocknet doesn't really have anything close to a working product yet.

>>2536803
i said bussy not pussy

ill b what ever u want me 2 b aslong as we r on the ark

>>2536910
blocknet is a poorly run website with an undetermined amount of anonymous "team members" that have been working on something that is vaguely described to be similar to ARK's Smartbridges for years without any real developments, recognition or collaborative efforts from anyone involved in anything blockchain related.

In the midnight hours you get the occasional pajeet harping that Blocknet is the next big thing...

>>2536803
>bussy
>girl

pick one summer

https://bitcointalk.org/index.php?topic=829576.msg18785897#msg18785897

Idk, here they say otherwise, I'm not technically capable of assessing that claim, any techbro here to verify that?

Currently holding 9.6k Ark. I'm looking forward to spending my Ark at a PoS in a store in the next 6 years, and swiping my Ark card to pay 1 Ark for my groceries for the week. Yes, I'm really that optimistic.

I actually bought 22.3k Ark when it first hit Bittrex at 7 cents, but it was stagnant for a little while so I shifted it into something else. Literally skyrocketed to 22 cents later that same day (back in April I think). I ended up buying back my current holdings of 9.2k and recently bought another 500 while it's in a dip.

Now I'm never letting go. Again, I expect to be spending it in a grocery store one day. I think it is the chain of all chains and that nothing can really beat it honestly. Connecting blockchains together is simply the most brilliant idea because not everything can be stored on one chain efficiently as we've seen with BTC and we're seeing with ETH RIGHT NOW.

And yes, I fucking love this wallet. Not sure what it will look like after the redesign, but nothing short of a miracle I assume.

The wallet is beautiful. I just keep it running in the background even though my balance is technically zero

>>2536205
I hold 2.2k ark, but this guy lowered my confidence in the project. Hopefully it's one of those "too smart to have social / linguistic skills" cases.

>>2536067
>at current price),
>which is 1,4%; in crypto terms this is nothing
>at current price
See you got your solution in your own post

Holy trinity of long-term gains:

ETH, ARK, ANT

Just buy, hodl, and look back at it in 2 years

Ark for beginners: https://youtu.be/CgD4WqHJFtU

For any newfriends, this explains things pretty well

>>2535917
This. Getting some tomorrow. I'll start with 1000 and take it from there.

>>2535738
Human praying mantis

>>2535506
>bought 2000
>expect to live off biz paying me

living the dream soon

>>2537026
I'm pretty sure that euros like Francois, Lars, and the Swiss guy are the real brains behind this project. They also have a team of really solid full-stack devs helping.

Their english might not be that great, hence the explanations from Travis, although he's really smart too.

>>2535659
>one pot head
>they are all pot heads

OK

I honestly believe ark could be the last possible chance we will see of eth level gains in crypto and I'm so happy I got in when I did. (Not saying it will, but if they achieve their goals its very possible) It's really new tech (months old) so as a buyer you really shouldn't expect much from them yet but what we do have is amazing even if it is just a wallet. If you look at it from a marketcap perspective ark is tiny so if it does take off the gains will be exponentially huge. Look at the money put into bancor, they are double arks marketcap and they can't even access their tokens yet. Ark has a lot to prove for itself still but if it takes off you literally have a front row seat to jupiter imo.

I don't like how heavily ark is shilled because I think that's what causes all the FUD and hate but it's really not a pump and dump look at the graph for weeks we have been stable in the 28kish-32kish range there's not any massive profit being made by flipping this people are just genuinely passionate about the project and want to get it out there which literally reminds me exactly of the eth hype back in 2016.

>>2537176
This man gets it. I'm not even here to shill this coin because it literally does not need it

I just want to talk with my ARK bros and FUDDERS make a huge effort to come and FUD

>>2535506
Because I have 2k ark in my wallet and I lost the passphrase. I can only just look at it.

>>2535738
The enter that saved crypto

>>2537219
Send it to me and I'll send it back to your new wallet. I'll do it for a 150 ark fee so you know I'm not doing this just to be nice.

How can I contact you?

Since I missed the biz train, what delegate should I join?

>>2537260
any

>>2537238
bro how would he send them without his passphrase...

>>2537273
i didnt think my proposal through

>>2537052
As a poorfag, I really hope this to be true.
Such a shame I learned about ARK this late.

We'll see what happens to my 20 bucks in a couple of years.

>>2535506
I really hope that the devs keep working on this and market it really well because it has the chance really take off. If they can get a MVP of smartbridge and then get like 5m for marketing we would be set

>>2537465
The way they pitch the smartbridge makes it seem doable. I believe in Francois his reputation is riding on this and we won't deliver anything subpar

I know that the 'sleek wallet' meme is shat on around here but when you compare it to ETH, XRP or even BTC solutions, it really shows you how competent he is. No other project has much of anything to show, so you need to grab onto what you can.

>>2537465
>>2537465
The way they pitch the smartbridge makes it seem doable. I believe in Francois his reputation is riding on this and he won't deliver anything subpar

I know that the 'sleek wallet' meme is shat on around here but when you compare it to ETH, XRP or even BTC solutions, it really shows you how competent he is. No other project has much of anything to show, so you need to grab onto what you can.

>>2537530
Was that typo deliberate to fuck with people or what?

>>2537537
it was an accident and i didnt want to derail the thread. it's because the next word I had to type started with a 'w' that my brain malfunctioned oh well

>>2535506
Here's what Im holding. Some real OG gave it to me.

How long before ark hits 1btc do you think? How long before I am rich?

>>2537559
You're deluded if you think this will reach BTC levels unless they pull of some amazing partnerships and the tech becomes ubiquitous

>>2537580
Cant a nigga have his dreams

Dumping Ark memes

>>2537559
at least you arent a nocoiner anymore

>>2537640
dream big

Decided to make a dedicated thread to dump my ark memes

>>2537659

Holding 1k, only bought to help the /biz/ delegate. I like this coin, it brought us together for a change :)

>>2537150
>one pot head that runs his own pot business and was also a fucking navy seal

ark FUD is delusional

>Why are you holding?

I like the idea, and think the logo and marketing is really clever-- there are some powerful symbols in the logo: the arrow pointing upward, general triangular shape, and the pyramid with the top portion separated. The name ARK even goes along with the idea, which is to save us from a flood of shitcoins. The guy on the team who helped develop stuff for the EU and NATO helps lend credit, which is nice.

>What are you expecting?

I think within a few years if not sooner the price could reach anywhere from 5 to 10 dollars, which is a conservative estimate on my part. If the developers really deliver and the idea actually works and has use, we could easily see higher prices.

>Are you enjoying that beautiful wallet?

Yes, I like keeping it open and looking at it from time to time...I don't think it's quite as sleek as Exodus, but it's nice.

On a side note, Ark seems to have found a nice base around 70 cents so I would advise anyone thinking about getting in to do so now before the next moon mission, and for my fellow Arkbros to continue accumulating.

>>2538912
Someone should make a coin called Bunker, to guard against the dollar crash.

>>2538912
I pray to god there's no news before this weekend. I got 12 LTC hitting my account Friday that I'm gonna dump straight into more ARK unless there's a very immanent moon mission with another coin.

>>2539132
Nothing imminent. Give it 2 - 3 months

>Why are you holding?
Love the concept and think it has long term potential.

>What are you expecting
Slow long term growth hopefully peaking around $10.

>Are you enjoying that beautiful wallet?
I love the wallet nearly as much as I love the biz delegate, thanks for the huge returns guy.

>>2538912
Just waiting for NMC to peak so I can reach my 10k ARK goal.

>>2535506
How do you do dpos mining with ARK? I went and voted for a delegate, but I haven't gotten the ARK tokens yet.

>>2539336
Different delegates have different payout times, some are daily while others are weekly. Wait a week and if you get nothing change delegate.

>>2539352
What delegate do you recommend I vote for? I want the fastest payout.

>>2539361
Not going to name him here as the more people that use a delegate the less of a cut everyone gets.
I will tell you that "biz" the /biz/ delegate pays better than every other delegate I have tried but it's weekly. To give you some idea I was getting 1.8 daily with my guy but now I'm getting 17.5 weekly with "biz".

>>2539387
So all I do is add the delegate on Vote and then vote, and I am done, correct? I voted 2 days ago for "quarkpool" and lost 1 ARK. Can I vote for biz now or will I lose some potential gains from quarkpool when they pay me, like I've read from elsewhere?

Anyways, I think Decred's PoS voting system, with live tickets that go into mempool, is a bit more intuitive than ARK's Dpos system.

>>2539455
>untick current delegate
>search delegates for "biz"
>vote
It will cost you 1 ARK to unvote and 1 to revote, I have no idea if you get any coins you are owed.

>>2539488
I voted for the delegate 2 nights ago, and it's not appearing in my wallet anymore.

Not to be a dick, but I'm also pissed I lost 5 ARK for adding extra password to my wallet...

>>2539497
Yeah the fees add up if you don't have much. I just checked my wallet and my vote isn't showing either, I'll just wait for payday and see what happens.

>>2535506
I'm in this for the long haul. I bought in "late" (around 31k sats), so technically I'm down, but I'm buying as much as my broke college ass can afford to lose.

I'm very excited by Ark, because I see a level of engagement and possibility far above the vast majority of shitcoins. I'm willing to wait. Every purchase I make, I transfer to the fucking CLEAN wallet and forget about.

Literally wrote down the passphrase, locked it in the fireproof safe, and forgot about it. I'm never selling (unless lamboland).
>>2535506

I just bought in during this dip. What can I expect my newfound Arkbros?

>>2539707
Little to no movement until new developments.

>>2539707
A long wait filled with DOOM until it finally MOONs.

HOLY FUCK, just realized they stole the Delta Air Lines logo!
LAWSUIT LAWSUIT LAWSUIT

At what point do you see ARK surpassing $1?

>>2540137
Q3 this year.

>>2536810

Are you the guy with the skizo mother

Is that pic of the Nascar Ark logo real? Serious potential if it's real, that's solid marketing

how do I do ark

Ive got some on the exchange but I dont know what I'm supposed to do with them now

I guess set up a private wallet so i can vote or some shit? i dont really understand what I just threw my bitcoins at

sorry to shit up the place please can I get a quick rundown

>>2540716
It's real but that's not nascar

>>2537176

You seem like the only reasonable person here, so could you give your opinion on Blocknet?

Or is it possible that their Xbridge could be so good that there is no need for ARKs SmartBridge anymore when it is finally launched.

Thanks.

>>2540769
Voting isn't really worth it unless you have thousands of ARK

Other than that you just wait and hope it increases in price, just like every other long term coin.

>>2540804
I have 750 is that not enough to make it worth

>>2540813
it is, just vote and let it sit

>>2537176
What other coins do you recommend investing in?

>>2540869
Please answer my questions about voting here:
>>2539455
>>2539497

>>2540869
so I downloaded the Ark Client but when I look at VOTES section and click Open Delegate Monitor I am led to this https://explorer.ark.io/delegateMonitor and nothing ever seems to load here

>>2541036
actually I can see the Standby Delegates but the Active Delegates never show up

how does this payout system work

do I want to vote for one of the top 51?

>>2540893
voting pay outs are weekly
also, there is an algo to prevent "vote hopping" so expect your first weeks vote pay to be slightly less, but it will pay out in full soon enough
t. been getting them the past 2 weeks

>>2541055
the /biz delegate is called "biz". you can search delgates for it
he's payed out every time so far, so i'm sticking with him

>>2541084
cool i sent coins off an exchange to a wallet

I have been trading bitcoins for over a year and this is the first time ive ever done this

so like, ive got 10 Ark in my wallet here and i have voted for biz, the rank 9 delegate, I think... ive got a green checkmark next to "DELEGATE" now and when I click that it shows the biz info

so what does this mean exactly? I didnt have to like, give any ARK? I still have the 10 in my account...

>>2541211
im sure i sound like a retard

why is this not better explained on the ark.io site somewhere ffs... i dont want to go digging through reddit to figure out how to work this shit god damn

>>2541246
I guess I should try reading the whitepaper zzzz

>>2541246
no, all it took to vote is that 1 ARK you spent
the balance in your wallet is the basis of your stake in the forging reward, use the formula:
7 days*422 ARK/day*<amount of ARK in your wallet>/<total amount of ARK in the pool>
this is the weekly reward for the first month, subsequent months pay out 90% of this amount
in case your wallet balance changes so shall your weekly payout

>>2541288
oh I see, I screwed it up before.

Now I voted for real i think, and i have 9 ARK in my wallet

>>2541211
make sure you backup your wallets passphrase
learn from that one guys mistake that lost 2k

>>2539606
Copy your passphrase and hide it at your parents house. Trust me back up your back ups I have 1 btc trapped on a usb because I didn't write down the seed and forgot my password.

>>2541316
yeah thanks i wrote it down

so i mean, sorry for dumb cryptonoob questions but what would happen if my computer was destroyed? Can I recover this wallet just by knowing my address and the passphrase? or is it tied to this hard drive...
(I wrote down my wallet address too idk)

>>2541356
>Can I recover this wallet just by knowing my address and the passphrase?
yes, your wallet resides on the blockchain not on yout computer, all you need to recreate it is your passphrase

>>2541371
cool thank you

>>2537052
LSK & UBQ are pretty safe bets too. Probably STRAT too but I don't know much about that one.

>>2535628
This. Word for word. Give me all your bags. I want them all.

>>2540802
Blocknet is cool and will be successful too, but unlike Ark they are only a small team and don't seem to be very good at marketing and I've seen no networking with other projects thus far.

I honestly believe both projects will succeed, Blocknet has first mover's advantage but I think Ark will catch them up and surpass them by the end of the year. Ark also has a much grander vision, Ark isn't just a utility but a fully fledged currency which will have offline transactions and even the equivalent of debit cards. Block is just a utility that will be used to pay for fees to use the network.

Disclaimer: I am invested in both.

So i was looking at their team and noticed the following:
- The head of finance has hidden his last name like he's accused of some crimes
- Literally zero women yet want to appeal to the masses

Explain.

>>2535506

Hodling is too easy. Panicfags make me so much money.

>>2541584
well it took me two seconds to find out his name is Lars Rensing

>>2536067

Ark is present on only 2 exchanges because if ARK is succesful those exchanges go out of business.

>>2537219

the passphrase is: harder im mein arsch bitte! Ich brauche keine safeword!

>>2541633
His last name is still hidden on the team page. Regardless how easy it is to track the full name it's simple bullshit like this that can scare the normies.

>>2536790
Fuck off brisbane you tranny cunt- WoZak

>>2541700
I kind of doubt they'd go out of business since this would imply the vast majority adopts ARK, an inflationary crypto, as their primary coin - kind of what pajeets at PoSW were proposing and failed at miserably
BTC will remain the daddy for the foreseeable future; ETH is clearly demonstrating what happens to inflationary cryptos as we speak

So, you dont back up an ark wallet, the parphrase acts as a username to login into? What prevents people from just guessing a random parphrase and getting your arks?

>>2541825

>>2541854
that would imply its not in a specific format. if every ark pw is a 10 word combination with spaces.

Oh well, i guess i would just like the option to have a 3rd password thats something i create

>>2541584
>Literally zero women yet want to appeal to the masses

Just sold me on the project, bought 1.16k and a t-shirt.

>>2541825
its impossible to guess correctly. The permutations are to high.

how many ark do i need to put in a delegate to receive a return?

>>2541584
>Literally zero women

This is a good thing.

They can always add women later once the heavy lifting and takeoff is out of the way. They do have a very international team though

>>2542756
as many as you can afford; the more you hold in your wallet the higher your payout relative to the size of the entire pool

I have 50 Ark.

>>2542756
If you don't have at least 1k it isn't worth it.

>>2535506
Got some more after I dumped my eth.
Thought I had too many bitcoins so in for 5000.
Time to put my feet up and let biz do the work, I guess I can help shill from time to time as well.

Newcoiner here. Which wallet should I use. Please, be gentle.

>>2543685
THE ark wallet ark.io

>>2541820
there is only a limited amount of ark though, there is a cap

>>2543693
Thanks.
Is it possible for a regular folk with a mid-end pc to mine it?

>>2543858
there is no mining. All ark is generated by the 51 top delegates and spread to the voters of them

>>2535658
Capped - like he said 3 months.
I'll be looking for you to compare gains

>>2541584

hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha

>>2543851
>there is a cap
correct me if I'm understanding this wrong but there is a certain amount of freshly forged ARK added each year, while this addition remains constant at the expected yearly rate of 7MM on top of all existing ARK in circulation
in time, this amount of freshly forged ARK becomes proportionally less, as in inflation %-wise