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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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13710561 No.13710561 [Reply] [Original]

Whats up with ARK? Does it have a future? Honest price predictions?

Got some in my wallet and I'm wondering what I should do with it, either keep it or sell it for ETH or something...

>> No.13710646

>>13710561
No idea, it seems solid except for marketing etc..

>> No.13710653

Good tech but the management and people in charge are absolute dogshit who I wouldn't have run a lemonade stand let alone a crypto project

>> No.13710685

Held for a while, they started as being the "bridge" from blockchain to blockchain when they realized that that's just a decentralized exchange

now they are just about deployable blockchains which is just a shittier ERC20 token

They are lacking a direction, trying to do everything

>> No.13710708

Also just fucking hold ETH for 5 years and you'll be a millionaire

>> No.13710716

>>13710561

https://youtu.be/KLm6MWP7rC4

>> No.13710738

Does anyone actually think their push button blockchain idea is going to take off? Such a terrible idea that will have no adoption whatsoever

>> No.13710824

>>13710561
>>13710708

This.
When project starts to pivot around usecases its time to let it go anon...

Its jsut money printing machine for early holders and will crumble to 0 when people start leaving pyramid

>> No.13710851

Well apparently the 28th will be a big day for ARK, guess im holding in case it pumps, which is likely to happen I suppose.

deployer.ark.io/ark-consensus.pdf

>> No.13710981
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13710981

I wanna believe, but i'm losing faith
I like how there are sidechains to keep the main chain light, and I like the 8 second blocktimes
I have the question of who runs the sidechains and the servers for these sidechains?
Also, point and click sounds nice, but won't most of the major businesses develop their own blockchain? or will they do the point/click one? (or will it mostly be smaller businesses that do this, who are probably illiterate when it comes to having nodes and delegates)
there are other coins that now do cross-chain tech, so they have competition there
we kind of have to hope the stuttering potheads do it better than the other ones

>> No.13711017

>>13710981
oh and they're incorporated in France, which gives them good legitimacy on that part.
They've also got many millions of dollars of funding to keep the project running for 5-6 years, so the project will continue going on during that time.
Here's hoping

>> No.13711039

>>13710981

Do you think it'll pump before the 28th?

>> No.13711056

>>13710981

Wait until whatever the fuck op said about the 28th and flip this shit for ETH

Look into fucking consensys and realize that ETH has 1000s of developers working on this shit and it's going to be the only useful dapp crypto

Only like 5 fucking tokens/coins are going to win this rat race and just bet on the one that actually has people behind it

fuck

ark doesnt even have working smart contracts yet right? are they even doing that anymore?

>> No.13711076

>Amazon Managed Blockchain is a fully managed service that allows you to set up and manage a scalable blockchain network with just a few clicks.

https://aws.amazon.com/managed-blockchain/

ARKIES ETERNALLY BTFO

>> No.13711088
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13711088

>>13711039
probably. most coins do. It was announced several days ago, so the pump up might have already been priced in

>> No.13711093

>>13711056
I'm already holding a large position in ETH.
Decided to buy into ARK as a hedge bet

>> No.13711108

>>13711039
This coin pumps for 10 minutes before the Ark whales put their walls up. Ark has one of the few legit sell walls in crypto

>> No.13711173

>>13711056
Also, ETH has to get over that transaction scaling issue.
If sharing/POS is a bust, that'll really hinder it.
Having a coin that can do light transactions with a light mainchain that does simple operations with sidechains might keep things from being overly bloated. So they might have a higher chance of scaling.
Until then, i'm still holding my ETH and ARK

>> No.13711178

$30 EOY

>> No.13711203

>>13710646

>"solid"

pajeet shill detected neck yourself

>> No.13711210

Wish the devs would revolt and refuse to work for incompetent management any longer

>> No.13711236

CarteLisk the inferior product has 10x more value than Ark they really do need to start on marketing if they want to stay relevant
Also they need to give more realistic roadmap and deadlines I fucking hate that some are 90-99% yet still takes 3 months to complete

>> No.13711281

>>13711173

https://www.inwara.com/ico-investment-ethereum-proof-of-stake-test-net

>> No.13711337

>>13711281
that site looks kinda pajeet

>> No.13711408

>>13711337

ya i could of picked a better site, ETH 2.0 in 2021 though

also nice 1337

>> No.13711454

>>13711408
based and checked

>> No.13711680

I liked the biz classic discord better when it was about crypto rather than a competition to which pepe or anime avatar user can be the most tryhard FUDder. Honestly, just give up and leave it to mooners.

>> No.13711700

held this garbage for two years and missed out on so many moons.

>> No.13711814

>>13711680

feel the same way

>> No.13711846

complete dog shit meme coin. can't believe i actually used to unironically hodl this coin. so glad i dumped it

>> No.13712186

>>13711814
third

>> No.13712934

i remember when people thought this would flip eth kek

>> No.13713147
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13713147

Got into this memecoin way back when, I think it was like 12 cents USD for 1 ARK. I was in the original /biz/ staking group. Then I got in the new one, /bizclassic/ but I didnt like the fags that ran it. So I staked for a little while and ended up selling when it was around $8. Did really well on it and had fun staking. But its a meme coin with no future.

>> No.13713164

>>13713147
pretty much this. it was a ponzi and all the smart people already left.

>> No.13713180

>>13713164
and the smartest people are the "founders" who created the ponzi. running multiple delegates in secret and dumping their staking rewards for more btc

>> No.13713461

>>13713147
I remember the original /biz staking fuck up as it unfolded.
I fell for the hodl meme and now i'm kinda just waiting to see what happens

>> No.13713593

>>13713461
slowly going to single digit sats is what happens