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/biz/ - Business & Finance


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3874684 No.3874684 [Reply] [Original]

What the fuck is going on?

https://medium.com/@biz_classic/announcing-the-biz-classic-ark-faucet-d85eea0e18b9

I didn't think it could get any better

>> No.3874786

>>3874684
looks like every 60 minutes you can roll a number between 0-10000 and get small ARK payouts based upon where you land.

biz_classic and biz_private voters get 3x rewards

>> No.3874810

>>3874684
cool

>> No.3874824
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3874824

>>3874684
MY LINKZ ARE GONEE! REEEEEEEEEEEEEEE

>> No.3874842
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3874842

>>3874684
this is so fucking cool sheesh

>> No.3874944
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3874944

Best delegate

>> No.3875487

>>3874684
comfiest delegate

>> No.3875758

It's a public faucet anybody can use to get free ark.

Payout numbers are set to a low value until we get a good sense of public interest and how much it'll cost to run it. We're funding this from our own pockets until we get *biz_private* into the Top-51.

biz_private will have a 50k minimum and pay out 95% with the remaining 5% being used to fund the faucet.

>> No.3876276

>>3875758
50k minimum of Ark?

So it's for the whales

>> No.3876319

>>3876276
Its targeted towards whales from other delegates. I believe biz_private has one of the highest payout rates for whales than any other delegate

>> No.3876342

huh

>> No.3876351

>>3876276
Yup, riding on the backs of whales seems to be the quickest way to get into forging. Once biz_private is up, we can increase the faucet payouts to give out ~21 ark a day which is way more than what we're giving out now.

>>3876319
There are private delegates that pay 85-90%. There's no reason they shouldn't vote for us instead. They'll be getting paid more and helping something that'll promote ark and ultimately drive the price up.

>> No.3876393

>>3876351
the future is bright

brighter than atomic war

in a good way

>> No.3876400

>>3876351
You are beyond based. Keep up the great work.

>> No.3876436

>>3874684
ARK is gonna change the world motherfucker.

>> No.3876447

>>3876351
damn i love you guys

and i love Ark

/ourcoin/

>> No.3876474

>>3876436
Where there is a will, there is a way.

And by god do we have the will.

>> No.3876514

Wow click a captcha for a one in 10,000 chance of winning 30 cents. Sounds like a great use of my time.

>> No.3876540

Does the /biz/ delegate give me the most ARK? I have like 500

>> No.3876553

Shill me on this delegate thing guys

I currently own 150 Ark on bittrex. Is it worth to put them on the wallet and stake this? How much would I get paid?

>> No.3876595

damn ark is /comfy/

>> No.3876602

>>3876514
1.5 ark times 3 are more like ~14 dollars

>> No.3876603

>>3876553
I'll pay you for your asshole.

>> No.3876636

>>3876603
fuck off faggot go shave a sharpie in your butthole elsewhere

>> No.3876690

>>3876553
the wallet is really slick and easy to use. You won't earn a ton of "interest" by staking, but its more than you'll earn with it sitting on bittrex.

>> No.3876813

>>3876690
i just plugged 1 ark into the daily payout calculator of biz_classis and it said 0.00024188 ark.. so 1.00024188^365 is 1.092289 which is pretty hardcore stuff compared to traditional means of "letting your money work for you". the possible price swing of ark itself is not to be forgotten as well

>> No.3876930
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3876930

>>3876540
yes, but it will be higher payouts (for whales AND people like you) once the whales are in their own delegate (biz_private)

splitting the delegacy is the only way to go at this point. The pool is getting bigger and bigger which means payouts have been decreasing. This will help us tremendously in the long run.

What I like about our ARK dads (moon man and uncle chang) is that they are the only ones that seem to be actively planning stuff like this.

ARK truly is /our/ coin

>> No.3877004

I've been here for a few months, traded every shitcoin shilled here and there.
One I've held, through thick and thin;
ARK

>> No.3877233

>>3874684

where are the roll odds? the page says to click the link but I can't find it

>> No.3877259

The biz delegate gives less than the others :(

>> No.3877316

>>3877259
Can't put a price on loyalty

>> No.3877324

>>3877233
https://classicdelegate.biz/faucet

>>3877259
Those global delegate calculators may not always be accurate. But we've grown so large there is more dilution going on in our pool so that may also be what you're seeing.

>> No.3877362

>>3877259
>>3877324
biz_classic is the 2nd biggest delegate so yea there's more dilution. But we're also the safest delegate. My old delegate (ryano) paid more because he had less votes and so less dilution. But less votes meant he was more easily knocked out of the top 51 which he was for a bit and we lost out on payments.

>> No.3877364

I'm making like .6 Ark a day with my 2600, you have to take the monthly loyalty bonus into account too.
I honestly didn't bother to look at the other delegates since this is /our delegate/.

>> No.3877388

>>3877364
Are you me? 2150 Ark here and didn't bother to look at other delegates either.

>> No.3877439

>>3877388
Clearly not because I have more Ark than you.

Looks like BTC is pumping again, get ready to weather another storm Arkmarines

>> No.3877456
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3877456

>> No.3877461

>>3877364
>>3877388
2001 Arklet here, I never looked at anything, just voted biz_classic. There are no other delegates as far as I'm concerned.

>> No.3877474
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3877474

>>3877362
Yup, this is the tradeoff. Do you want to "set it and forget it" or do you want to min-max your delegate?

Both options have pros and cons. biz_classic isn't getting knocked out of the top 51 any time soon. In fact we haven't even left the top 10 in months. We're extremely secure, but also more diluted because of our high number of votes.

>>3877364
>>3877388
>>3877461
Thanks so much for your support. I love you guys. N-No homo tho

>> No.3877491 [DELETED] 

>>3877474

>> No.3877494

>>3877474
Thank YOU, the Ark community is lucky to have you.

>> No.3877510
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3877510

>>3877474
We're all going to make it.

>> No.3877520

>>3877474
So basically I send 1 Ark and vote through my ark wallet, and I get payouts depending on how much my initial deposit was?

>> No.3877534

ARKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKKK

>> No.3877542

>>3877474
This is pretty cool and I'd like to roll but I forgot my classicdelegate.biz login, is there an active discord i could join to give you more info?

>> No.3877545

>>3874684
It's been over a month and I never got my stake payout you fffffffffffffffffffucks

>> No.3877557

>>3877520
Correct. The 1 ark isn't send to us though. That's the network fee to cast a vote (being reduced to 0.1 in the new update).

If you vote for biz_classic, you can register your address on our website and customize your payout schedule (daily, weekly, or monthly) as well as be eligible for triple rewards on our faucet.

https://classicdelegate.biz

>>3877542
If you forgot your password you can reset it. https://classicdelegate.biz/login

But our discord is: https://discord.gg/tAX8hWU

>>3877545
Address? All 1400 of our voters have gotten paid. You may be an arklet and not acrrued over 1.1 ark yet.

>> No.3877574
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3877574

>>3877557
No, this is my problem. joining after i fumble with all the noscript fuckery, one sec

>> No.3877580

>>3877474
Always happy to support my fellow /biz/arkies.

>> No.3877601

>>3877557
What the point of this whole delegate/payout system though?

Brand new to crypto scene desu.
Also, buying Ark. Been putting it off for a couple of days.

>> No.3877604

>>3877557
AddVEXTXPN4qo7yurwMsvMCCGuf5hMaUVR

It's not like I'm drowning in ARK stake or anything but my dashboard is still saying my payout is pending when I got myself verified on the 11th of last month. Is there a particular day when monthly payouts are supposed to be made?

>> No.3877641

>>3877604
You currently have 0.97396531 Ark pending which is below the 1.1 ark minimum threshold for payout.

We increased the minimum threshold due to the price pump that mooned Ark from $0.50 to over $4.00, which made the 0.1 ark transaction cost too expensive. Our small arklet voters (like you) were having most of their payout getting eaten up by the fee so we increased the minimum to save our arklets' money.

If it's been over a month, you will get paid automatically when you hit 1.1 ark.

>>3877601
https://classicdelegate.biz/faq

>> No.3877655

>>3877641
oh the 1.1 is the payment threshold, alright

>> No.3877687

How long before I can buy Ark with Fiat? Will that be a thing when the market launches? I hate getting pinged by BTC fees.

>> No.3877696

>>3877362
>biz_classic is the 2nd biggest delegate

Holy shit, we've gone far.

>> No.3877703

>>3877696
When I put my Ark in a few days ago we were #4, did we really jump up that fast?

>> No.3877730
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3877730

>>3877641
ok I can't get discord to work, it just won't let me post.

>> No.3877734

so how low do you think ark will fall before it will rise again?

>> No.3877748

>>3877734
probably not much further

>> No.3877751

is now a good point to buy or should i wait a couple more days?

>> No.3877762

>>3877751
sub 48k sats is probably not gonna be a terrible buy no.

>> No.3877766

>>3877734
When Bitcoin corrects back down or after the fork

>> No.3877775

>>3877751
There's a ton of good news on the horizon, any prices you're seeing today will probably be considered a steal in a month's time

>> No.3877792

just bought 4k

>> No.3877807

>>3877792
Nice just sent you 100k

>> No.3877820
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3877820

>>3877792
Look you made a little candle

>> No.3877833

>>3877807
Nice just deleted 100k

>> No.3877852
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3877852

Dude seriously, I cannot into discord. I feel really dumb but I want a shot at that faucet roll.

>> No.3877860

>>3877807
No you didn't. Besides, that would be about 250k $ which would actually be a complete lifestyle change for me.
Here is my Address, I will also except 0.0001k ^^
AHVF1viXHnR2GU8PZXtWfjzVJQenFsC5WR

>> No.3877869

>>3877852
sauce on .gif, i need a vid for tonite

>> No.3877881

>I'm voting for a delegate giving ARK away rather than paying it out to me

JUST

>>3877852
is that from the new IT remake?

>> No.3877898
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3877898

>>3877869
I've had it for a while, i have no idea.

>> No.3877918
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3877918

>> No.3877973

Oh man BTC is gonna double top and come crashing down. Get ready for something. I don't know if it's good or bad but it's something!

>> No.3877978

>>3877918
You should be able to speak. You were given the "passenger" role. Try refreshing.

>> No.3878002

>>3877973
if BTC crashes down money will go back into alts, which is good for ARK.

I don't think it's going to tank until after the fork though, people are accumulating to snag some BTG

>> No.3878038

Nice, timed my buy-in almost perfectly. I'm already slightly in the plus, hope I'll not go below 48k again.

>> No.3878051

>>3878038
>hope I'll not go below 48k again.

Probably friend. Doesn't matter though. Let's hold our hands and look at the future.

>> No.3878055

>>3878038
These days leading up to the fork anything is possible but in terms of USD we are way up from nearly $2.30 last week.

>> No.3878096

60,000 bitcoins are on the move from one wallet, this could be a massive dump incoming.

>> No.3878098

I'm so torn between keeping my LINK/ARK 50/50 split or dumping it all into ARK and staking. I'm slightly up on LINK but haven't completely bought in to the "free money" meme going into SIBOS. Anyone here liquidate LINK for ARK?

>> No.3878117

>>3878098
Keep both man. The extra staking isn't worth it in this space right now unless you're already earning several arks a day.

>> No.3878133

>>3878117
I'm not staking my ark based on its current value, but what it will be worth 3+ years from now

>> No.3878141

>>3878096
???

>> No.3878151
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3878151

>>3878141

>> No.3878178

>>3878117
That's true. It's always just a bit painful watching ARK go back up to $3 and knowing that my LINK funds can be getting put to work in ARK, which I have close to complete faith in at this point. I first bought in around $0.65 and haven't shaken that feeling that this is still very much on it's way up.

>> No.3878179
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3878179

>>3877978
I refreshed, it still doesn't give me permission, which is fine. I have a new problem though, when I try to reset the password on the cd.biz it gives me this, flashes a red error message "undefined" for a split second, and my password isn't changed.

Okay I remembered my old password so I'm in, disregard, but I'm posting this anyway in case you haven't seen it. I have noscript and request policy on all the time, my next step would have been to remove those and try again. You're the man, Mr. Chang sir, thanks again.

>> No.3878200

So if Im an arklet with 160 ARK, seems like with this new faucet system its still worth it to stake my ARK right? Can confirm?

>> No.3878223

>>3878179
>I have noscript
That'll do it.

It's 2017, all websites are heavily reliant on javascript now but I understand your concerns.

We don't have any malicious code and the only tracking we do is through the analytics code we use from Statcounter.com, which you can block.

The rest of the javascript is used to render the website and just that. We're not doing any funny business.

>> No.3878258
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3878258

Rolling was fun

>> No.3878288
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3878288

Anyone get a roll higher than the smallest payout? I rolled 4 times, lowest every time.

>> No.3878291

>>3878288
Same

>> No.3878311

>>3878288
it's a 49/50 chance for the lowest reward

>> No.3878314

>>3878288
I got the lowest 4 times aswell, but on average you only get something other than the lowest payout every 50th roll (2% chance).

>> No.3878324
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3878324

>>3878223
>The rest of the javascript is used to render the website and just that.
It never renders fully on qutebrowser (doesn't even have a noscript).

>> No.3878329

>>3878291
>>3878311
>>3878314

Yeah well within the odds and all, no complaints. I continue to be impressed based Uncle Chang and Moon Man.

>> No.3878351

>>3878288
We've had 1 roll of 9997 which won them 0.15 Ark. If they were a voter they would've gotten 0.45. Also a handful of 0.015 rolls too.

Payout numbers are set to a low value until we get a good sense of public interest and how much it'll cost to run it. We're funding this from our own pockets until we get biz_private into the Top-51. Once we have a steady forging income, all of it will go towards the faucet so that's 21 ark given out a day which will substantially increase payouts for everyone.

We also described our random roll algorithm so it's (((provably fair))). You can confirm for yourself that we're not cheating you.

>>3878324
We've tested the site on Firefox and Chrome only. Haven't had the time or resources to check browsers like Qute, sorry.

>> No.3878360

>>3876351
link and ark are /ourcoins/ that cant be debated anymore. good stuff uncle.

>> No.3878365

So what's the name for the smallest division of an Ark, Arktoshi? Satarky?

>> No.3878377

>>3878365
Artoshi sounds nice but I don't think there's an established term yet

>> No.3878378

>>3878365
I've been using the word "arktoshi" but not sure if it's caught on t b h.

>> No.3878386

>>3878365
noahs

>> No.3878388

We should do a rank system. Like with 2000 Ark maybe I'm an Arktenant kek

>> No.3878409

>>3878388
I might make sarkgeant one day.

>> No.3878419

>>3878378
question uncle. i just did my first roll and the amount wasnt sent to me yet. does it just go to my pending balance and wait until 1.1 or is it a different mechanism?

>> No.3878421

Arkmiral
Chief Petty Arkficer

>> No.3878443

>>3878419
If you're a biz_classic voter, your faucet rewards get added straight to your pending balance. Check your dashboard, you should see that your pending has gone up.

If you're not a voter, your pending will stay with us until you hit a 0.3 minimum. We plan on lowering this once the Ark Core update reduces tx fees to 0.01, the same way we're reducing the delegate payout threshold once that happens.

>> No.3878452

>>3878443
i am a biz classic voter. ok that works for me. i dont mind adding to my pending balance it just wasnt clear if thats where it went. thanks man love you.

>> No.3878455

How is Ark deflationary anyway? Will Ark be burned in transactions? Or will the mining yields slow down as in BTC?

>> No.3878611

>>3878351
works fine on Brave. faucet is an awesome idea.
biz_classic is best_classic

>> No.3878873

Crazy how many weak hands are being shook out of Ark right now. Accumulation is in full force

>> No.3878898

>>3878455
Yield slows down.

>> No.3879237

I voted for jarunik before biz_classic was a thing. Do any anons recommend voting for the biz delegate? I have a balance of 1050 ark right now.

>> No.3879260

This is an interesting approach to becoming a delegate. I wish you the best. Definitely original. Cool.

>> No.3879305

>>3879237
jarunik is very active in the community, and writes a lot of the beginner tutorials on places like reddit, so he is not a bad Delegate to vote for.

biz classic has more options for payout timing (negligible point with your holdings), they now have this faucet, they have a dedicated Discord server, and its all run quite transparently by some of our anons.

>>3879260
biz_classic is already a delegate