/Ark/ - Ark Fellowship

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An infographic illustrating Ark SmartBridge tech.

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>tfw holding 10,000 Ark for the long run

Feels so comfy man.

Ark bros get in here

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Wow biz is already rank 12

impressive

>>2423809
Ideally, we don't want to have that much Ark in the pool, because that means smaller stake earnings for the non-whales. But at least we won't ever be dropping out of the top 51 spots.

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>>2423792
>tfw 8k ark

So when will ARK rise in price?

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>>2423821
Yeah i think the biz delegate is trying to figure out a way to limit the payout for whales who join late to the party so the early voters dont get screwd.

>>2423833
>predict the future for me

I don't know man, Stratis was sub-$.50 for quite a long time. ETH was sub-$1 for over a year. Ark is a brand new coin, they launched in March

Just be patient unless you're looking for a quick pump, which in that case you should buy bitbean or go to Yobit

>>24237
I have a couple of hundred Arks, now if I vote for biz delegate, how does that work? Do I get anything out of it

>>2423873
You can vote for any delegate you want on the list, but biz has 100% payout for the first 50 days, then it drops to 90%.

You basically become part of a staking pool, earning Ark that is minted from a master node. 422 in total is minted per day, then split amongst the pool.

The formula to determine how much you get per day is

422*(your ark in desktop wallet/total ark in pool)

>>2423873
You get a percentage of Ark depending on the number of Ark you are holding

Cant say how much you will get for a couple hundred Ark but if you plan to long hodl anyway it cant hurt to vote

>>2423901
Thanks, do I need to have my wallet open and running after I vote or can I go offline?

Just trying to make sure how to do this properly. So I buy Ark on an exchange, send Ark to Ark client wallet, then vote for biz delegate? Then you get Ark rewarded every week based on the formula?

>>2423979
You can go offline its fine

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>>2423992
I think the payments were set to daily, im not too sure, but everything else is correct.

Does/ will the ARK token have any intrinsic value as part of this network, or is it purely speculative?

>>2424023
I think it's weekly, daily would cost too much in transaction fees. I'd be fine with monthly too because of that reason

>>2424023
Ah, OK. IIRC from another thread rewards were given out every week. Daily rewards would seem kind of inefficient, I would think. Thanks, anon.

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>>2424073
>>2424074
Makes sense, good to know.
Was on vacation for a couple of days so haven't been keeping up with the news.

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>>2424074
442 ark awarded to stakers daily, so however many voters we have/10 is subtracted from the total payout were it done daily. Now, as a little fish, I'll tell you the 0.1 ark tx fee would completely wipe out my payouts, were I to pay the entire thing myself every time. I think I'll get 0.5 ark per week, last time I did the math, and the tx fee would knock that down to 0.4, but whatever.

I may have found a way to make our pool less attractive to whales: subtract the total transaction fees from the total awarded before dividing it up - make the whales pay for most of it. Just a thought.

Ok so ARK is good for lth and i would be missing out not to have it.

What are other coins ARKers thinks have the same potential?

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>>2424052
Check out addendum 1 and 1.1 on the ark whitepaper to find out more

https://es.scribd.com/document/329218538/ARK-Whitepaper#fullscreen&from_embed

I am gonna have a good time with my 5600 ark

>tfw poorfag with only 40 ARK

Should i put more money into this? done a fair amount of research and despite their early stages they look very promising

>>2424509
Yes get at least 1k

>>2424519
why should i put the months equivalent of wagecucking into a coin because you say so?

>>2424624
TO THE MOOOOOOOOOOOOOOOOOOOOOOOOOOOOOON TAKE OUT A LOAN NOOOOW!! TRUST ME GOY THE CHOSEN WOULD NEVER LIE

Should I buy 10.000 ark?

>>2424624
No reward without risk.

>>2423827
This is unironically how I'm feeling right now with 3.5k ark. I have full faith the price will more than recover, I don't think I've ever been this confident in a bag I'm holding.

Is it possible to have my ark in a paper wallet and still participate? I don't really trust the desktop wallets

>>2424150
This is unfair to /biz/ whales who got us into the top 51 to start with. The best way that has been discussed which would be fair to everyone on here but difficult to implement is to institute a minimum ark payout and a rolling balance so that you would only get paid when your balance has gone over 1 ark(or whatever smaller holders would prefer) so tx fees aren't as bad on you.

>>2424216
I'm currently in ETH, STRAT, ARK, and UBQ. Also in some others like ANT but they're much smaller positions, been thinking of increasing the amount of ANT I hold though.

>>2424778
You don't have a wallet.dat file in Ark. That's the beauty of it. Write down your passphrase and that is essentially your paper wallet.

>>2424624
with 40 and without a rolling balance you're looking at almost no staking gains due to the transfer fee. If this isn't fixed and isn't actively in development within a week or so I'm going to send out the cost to cover the original voting fee to most of the sub 100 ARK(while excluding the ones who only ever had the ark to vote, they were told over and over again they'd get nothing). Most of us were under the impression that arky already did something like a rolling balance so I was giving out wrong information to people and I feel bad about this.

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Pump incoming

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walls look alright rn

>>2424929
Bots are messing with the walls over and over again, all this means is that its before the pump part of the bot cycle. So probably a nice place to buy in if you are going to turn and sell it again for 3-5% within the hour but not necessarily the optimal place to buyin to hold. Will probably dip below 30k again later.

>>2424924
Where do you get that info anon?

>>2424957
https://twitter.com/ArkEcosystem

>>2424957
>>2424971
wait nevermind, just saw the hashtag and assumed it was twitter, not sure where he got that.

>>2424957
its this here: https://cryptoping.tech/
free for a while longer

>>2424924
It's happening lads

>>2425017
Yeah this, it's free for a little while longer but doing some research apparently there exists free bots already doing the same thing. So I need to find those ones instead.

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anyone else having trouble deciding how to spread their limited wealth among the coins they have faith in?

I think you should be holding:
BTC
ETH
ARK
GNT
ANT

and also kinda like Stratis, WAVES, Wings but of those I've mentioned I'm holding only ETH and ARK, with the majority of my holdings in ETH (of which I own 5.1, and own 1,020 ARK).

on the one hand, I don't think it'd be wise to let go of my ETH given its performance thus far (I wanted to go all in when it was $80 ea but didn't have much money, only got what I could afford), but on the other hand I feel like I'm too late to ETH to make it big, and recognize the potential of trading it for substantially more ARK/GNT/ANT at this point in time but it's a big risk :/

what do ARK brethren?

>>2425223
Its my own personal belief that its not too late from ETH, the flippening is beginning to look inevitable. Consider all the price projections for BTC putting it over $50k a coin or more when looking ten years down the line, now consider what happens to the price of ETH if it is the dominant crypto instead.

>>2423809
>845.8 ark
What am i missing?
Is some type of bug in the calculation?

>>2425376
that's total amount of ark forged by the node all time, not ark voting on the node.

>>2423730
Received my payout. Thx biz

what's the minimum to gain profit? i have 80 and voted like 20th and still not received nothing!

I fucking missed the $0.7 dip because I did not have my fiat ready. Kill me now.

Bought and voted before we broke 51.

still not seeing a payout. What's going on?

Min amount for early payout was around 300 ark

>>2426052
You weren't in the pool long enough to get the first that happened, you should receive a small payout during weekly payouts.

>>2426156
how many arks?

>>2426241
I have less than that and recieved a payout, granted it was a pretty small sum

>>2426270
i was in on after 10 minutes when we were like 400

>>2426286
It also takes into account how early you voted or some shit

>>2426241

meh I have around 200 ARK, will I ever get a payout or the fee will fuck my shit up ?

>>2426302
My bad, I misread your post, read it as you voted 20 hours ago. In that case its just because you had too few arks, you'll receive a small weekly payout though.

Also
>>2424834
if it helps you feel any better.

>>2426310
Weekly payout yea

>>2426310
You'll probably get about .5 Ark a week, after the fee (it's a weekly payout)

>>2423730
Reminder that Francois left Lisk because he disagreed with their direction. Francois has credentials where the Lisk team does not. Do not buy into Lisk

Is this the Gentoo of /biz/?

>>2426280
163.23 not a lot but I should still see something

>>2426408
weekly yes, from a daily one no.

>>2426350
>>2426372

Thanks, planning to buy more in a few days

>>2426318
thank you anon for the answer, today i want to buy arks to gain a decent amount out of biz pool, how much should i buy? i got 80 now

>>2426405
Yes. If anyone believed in Eth back when it was $1, then they have no reason not to believe in Ark because Ark has a more trustworthy team behind it.

Want to buy in so badly, live in europe and waiting for fucking kraken verification (coinbase can suck my dick) which is taking years so I can't buy any BTC/ETH with €

>>2426429
Its your money but here is a spreadsheet calculator. https://docs.google.com/spreadsheets/d/1FGo3FkC3uSWXGHatPQyny2brMWjAIJsHFCR-Lhkl_m0/edit#gid=0

It doesn't work too well for smaller amounts though. At 80 you'd be looking at around .13 with our pool size.

>>2426496
Litebit.eu, eurobro

>>2426523
will look into it, cheers

End of the year predictions? Reckon we can hit 5$?

>>2426565
With all the new money that's going to be pouring into crypto with normies looking for the next ETH?

You better believe it

>>2426565
I think $3 is a conservative estimate and that there is a solid chance we can hit $5, unless the entire crypto bubble pops like back in 2014.

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>>2423730

>>2426623
Kek

1 Ark goes to whoever makes me a dope Ark wallpaper

>>2423730
lel

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I'm a huge fan and am actually this guy :)

>>2331872

So donations welcome ;D

AY2ZQYsbLQfTCQGMfNFrRAUNaCcyPBkHXH

I voted for /biz/ delegate de 2nd day that was being shilled, and I haven't received anything yet...

>>2423730
So I turned 18 yesterday, and had zero assets in crypto and $1800 to my name, mainly grad money.

Should I put it on this or ETH?

>tfw only 1.9k ark
I couldn't buy more on that big dip
fuck me

>>2423792
>tfw I would if I could
Anyone know any easy way to get a loan with no credit history bros? I fully understand the risks, don't need that lecture

>>2426678
If it was me I would put half your portfolio should be ETH, rest can be put into things like ARK, WAVES, STRATIS,

How do you guys buy ark? with real money or trade with other currencies?

i set my sell orders for 4100 sat

am i gay?

>>2426678
put 1/5 in ark 3/5 in eth and hodl and 1/5 in btc that you play with daytrading

>>2426683
I don't care how promising you think a coin is, NEVER take out a loan for it.

>>2426678
60% Ark 40% ETH imo. Or diversify it more if you want less risk.

>>2426669
How much is in your desktop wallet?

>>2426693
You buy Bitcoin (or ETH) with fiat and then buy Ark with it. I have faith in the project, but go with a less risky coin to start since you're a newfriend.

>>2426731
>I don't care how promising you think a coin is, NEVER take out a loan for it.
meh, I did it with ETH and it paid it off(maxed out my credit card) but I'd never been more sure of anything in my life when I did that.

>>2426775
Would not do that at this price level though, I do think it'll grow but it no longer feels like the 100% safe bet guarantee that it did when I bought in.

>>2426678
Eth is less risk but you missed the boat on it's best gains. It will still go up, just not 2000% in a year again. Ark is riskier but you'd gain more. You'll need patience and hands of steel though.

>>2426731
I said I don't want that lecture. Ive already decided I want to do it, the question is how can I qualify if I have no credit history and I'm a poorfag. Maybe with a good consigner, idk.

>>2426700
>>2426731
>>2426692

I'll split the difference and put 40% in ETH when the price drops again, got notifications set. Then the rest I'll put on ARK and BTC at similar drops. I've got nothing to do today(off work) so let's get this shit started

>>2426766
I just want to put 100 Euro in it for now. I read about Ark and I'm experienced with stock trading so I should be fine, but thank you.

Where do you buy ARK I'm just on poloniex ? Wanna put 5 ETH in it!

newb here
what is the best and most user friendly wallte and trading market?
friend suggested to me using mycelium wallet and poloniex market
are there better solutions?

>>2425350
putins getting his dirty hands all over it tho which could be terrible news for eth, the yanks wont have that

>>2426813
Be difficult to not impossible to get a loan with no credit history unless you're going to take out a shitty one with very high APY.

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>>2423833
Right the fuck now. Pic related

>>2426846
>>2426836
ark is on bittrex atm

which should tell you that its price will only go up, once we get it to poloniex and beyond

>>2426836
bittrex

>>2426887
I don't see the US cracking down considering who's in the EEA, that's a lot of lobbying pressure to make them rethink things.

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>>2426638
1/3
AY2ZQYsbLQfTCQGMfNFrRAUNaCcyPBkHXH

>>2426731
I have 103.9

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>>2426638
2/3
AY2ZQYsbLQfTCQGMfNFrRAUNaCcyPBkHXH

>>2427018
you'll get a payment during the weekly payout.

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Threadly reminder our delegate is unironically retarded and browses /pol/.

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>>2426638
3/3
AY2ZQYsbLQfTCQGMfNFrRAUNaCcyPBkHXH

>>2427042
As long as we receive our ARKs, who cares

>>2427042
Someone's fee fees were hurt

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>>2427042
Could you faggots stop whining about /pol/ for a second? Go browse reddit or some other forum with strict libtard moderation if you don't like it

>>2427008
Sent ;)

But seriously I'll send it when I get home from work

>>2427042
>muh /pol/
fucking cancer. Hitler liked animals and was known to drink water.

>>2427042
this site became way to reddit lately. muh fee fees.

>>2427060
Did you get any? Cause I didn't.

>>2427042
nigger

>>2427224
It's weekly m8

>>2427224
Hundreds of people including myself did, low amounts did not because the tx fee would have been than your profits.

>>2427240
Did they change? I'm glad because daily would be eaten up in fees but thought it was daily

>>2427253
been more*

>>2427253
How much is the minimum needed to get returns then?

>>2427261
its weekly but there was a good faith payment made about 1.5 days in because people started worrying he wouldn't payout.
>>2427274
I would recommend having at least 100 ark, preferably a few hundred or more.

>>2427261
It was daily initially, but our delegate decided to change it to weekly so the small fish don't get their shares eaten up by the transaction fees

>>2427290
What about having min payout of 1 ark. So the little ones getting it not weekly but monthly or every 3 weeks etc but dont have their shares eaten up by fees

>>2427290
Thank god our delegate is retarded but a nice guy.

>>2427352
That is what he wants to do the difficulty is programming the script to do it like this as there is no option for this in the generic script used by all the other pools. They all just payout the full amount of ark in the node and don't do a rolling balance so small fish get fucked.

>>2427352
That's a great idea.

I know there's a discord where we can contact Magnet (the biz delegate), someone should contact him or post the discord link

>>2427381
https://discord.gg/J9ke8a

discord here

>>2427352
>>2427375
So unless one of us do it ourselves the option is giving out small amount that the fee has eaten heavily into or getting nothing so currently the second is what's being done as long as its more than the fee.

PRICE RISING FAST

BUCKLE UP BOYS

>>2427417
The FIRST is what's being done*

>>2427440
This

I could fucking kill myself right now. I bought at $0.98 and $0.93.

And I missed the $0.70 dip due to not having my fiat ready. FUCKKKKK

>>2427440
I think it'll drop once again as soon as enough buy orders pile up but let's wait and see

>tfw waiting for my btc to transfer to the exchange
>will probably take another day because it has to "verify" me
fuck

>>2427581
It's okay, Ark will probably be sub $1 for the next few days if not weeks.

Just buy and get comfy

>>2427581
verification just increases your withdrawal limit from 1 BTC to 3BTC unless they've changed things.

>>2427521
pretty sure it will go below 30k sat again. i hope so at least

>>2427598
No, it's because I bought through VirWox so I could use paypal because I couldn't link my card to coinbase. It's transferring to my Bittrex "wallet" but it said it could take up to 48 hours, and I still haven't received the verification email.

>>2427599
eat shit and die.

if this drops below 30k again i'm fucking out.

>>2427614
please sell me your bags

>>2427614
you should do that now and buy on another dip, then another, then another

>>2427609
>VirWhox
never heard of it, hopefully its not a scam site

>>2427629
It's not but it is expensive.

>>2427614
It will.
Just sold at 35k and I'm going to buy again below 30k, swimming with the whale mane

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>>2427614
man those PnD pajeets really need GTFO.
SELL SELL SELL

>>2427614
>Getting this upset over sideways movement

>>2427626
>>2427628
>>2427638
>>2427642
>>2427646

this is why this coin will succeed. no over-hype shilling. and not even an insult for my shit talk. in for the long term hold

here we go

>>2427703
To be fair GTFO is an insult

how do i sell my ark when 3 years down the line it's worth something considerate?

>>2426414
Ok great. Thanks for the info.

Doesn't really matter.. I'm down for the cause. Good luck to us all, Arkbros

>>2427614
It's going below 30k in 5 minutes. Leave.

>>2427901
It better, I'd like to stack up some extra for cheap

>>2427614
mate are you kidding? its gonna do this over and over again lol its the ride

this truly is a shitcoin, will never break 1USD

>>2427963
You mean again?

cant wait to moon without all these whiny weak hands

>>2423730
ok i bough other 160 ark so now i have 237. am i ok or i should buy more?

>>2428057
I have about 400 and it feels like not enough :(

>>2428057
I have 3286 Ark and I'm thinking of buying more

>>2428057
>>2428075
well it'll still be profitable to be in the pool within a month or so for you guys, so as long as you were bullish on ark to start with additional gains on top of growth of ark itself is always nice

>>2428097
If I hold 117~ for the next few years am I going to be able to get my own private island? if not how many are going to get my own private island

>>2428117
so i should boy every time i got the opportunity, because the weight of the pool will grow?

>>2428171
buy

>>2428057
i have 40 -_- so close to pulling the trigger and buying 100 more though

>>2423730
I have 100 ark. When can I retire?

>>2428186
>>2428191

acquire more, buy the dips.

When's the next weekly payout? I have 656 ARK in my wallet

Could someone explain how the pool stuff works?

>>2428615
https://blog.ark.io/dpos-and-ark-voting-explained-68596a171ca1

there you go anon

>>2429079
Neat, thanks.

How is this better than posw?

>>2428216
I can't really afford to now. Wage slave, new to this, with student loans.

>>2429476
white people with beards are developing it
clear usecase

anyone wants to support a poorfag with some ARKs :(

AKdMNcFjTBZLa9btXKcVn5EMExrNxFVm6z

Walls going down. Its like watching a boxing match.

This is Eth at $1, I'd hate to miss it again.

>>2426678
don't buy anything

>be in ark discord
>everyone wishing for the price to drop

STOP IT YOU FAGGOTS STOP IT STOP IT STOP IT

>>2430978
t. nocoin faggot

Buy +500 Ark for the long hold

>>2431041
fuck off shill

>>2431026

they just want to buy more ark before the surge. nothing wrong with that.

>go on camping trip for 5 days
>biz delegate has 150k raised
>come back
>over 1m with 10th place
You autists never fail to amaze me

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>>2431096
climbing from the bottom to become the king of the hill under thunderous cloud.

What will ultimately drive ARK up in price? From my understanding it facilitates easier mining of the major crypto currencies. Wouldn't a massive explosion in the mining community be the only catalyst for ARK to really take off?

>>2431134
whales bumping up the price - don't fall for heavily shilled on /biz/ shitcoins. ever

>>2431158
I'd agree with you but I posted here before it became shitcoin central and ETH was a meme buy a year ago. Not buying ETH early is currently sitting at the top of my list for financial regrets and the money I'm sinking into crypto I would have otherwise lost in Vegas at blackjack

>>2428252
1.14 weekly
JUST

Can anyone actually answer what use Ark serves and what would drive the price up ever?

>>2431186
behind ETH is actual technology, backed up by major companies from the get-go. Behind ARK, so far, is a fucking mug and t-shirts store (which, laughably, doesn't even accept ARK coins as a payment option)

>>2431134
All the 470's and 480's are gone my man, there already was a massive explosion in mining. Even my dumb ass has started building a rig. I'm going to have to fill it with 1070s, it looks like.

Just boarded the ARK, let's do this boiz

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HODL

>French former rocket scientist who has worked with launching satellites for the EU, was a core developer at Lisk, speaks 4 languages, has been a part of previous startup ventures and has decades of programming knowledge and experience.

>He's also a good composer from what I've researched: https://soundcloud.com/fran-ois-xavier-thoorens

>In short, the dude's a genius.

Seems like you guys are trying to build credibility in such a cheesy manner.

>>2432048
Is this a long term scamcoin?

price is rising, FUDs appearing

this is so boring

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>Next stop Pizza Planet

>>2431656
Godspeed

Already holding but not enough... Still a great buy at this price... gonna pull the trigger for 250 more

How many ARK do I need in my wallet if I wanna get 1 ARK per week?

>>2433425
4000ark are 1ark/day

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Guys with ARK please spend me some so I can vote, polo is fucked for jew yorkers and I'm waiting for them to transfer my BTC to bittrex

Ackpqz7LFxN54QAEE7htUPuK3y1Y3Mx7Wk

>>2433445
The payout formula is ever changing right?

Right now I have 795 ARK. So thats like 1.4 ARK per week?

>>2433563
depends on the pool and its stats yea

>>2433499
we don't want any more voters tho

>>2433596
biz pool

>>2432249

Read about the technology, read about the road-map. You will have to decide if you think its all a scam.

>>2433563
would this payout remain if ark moons to 10+
like ark is 1 dollar now, payout for dude is 1.4 ark
if ark is 10 dollar, is payout for him still 1.4 ark?

>>2433659
oh then I just need to wait to buy. It's at 95 cent. Please /biz/ let this be the one to save me

>>2433710
correct

>>2433697
that roadmap + whitepaper + tech gives me lots of orgasms in pants and future bank account.

>>2433732
Agreed. This coin honestly has a really good shot.

Not to sound like a shill but the devs are great too and are very open and friendly, plus they actually get shit done and take your comments/criticism seriously

>>2433728
noice

How much Ark you boys hodling?

>>2434850
0 ;_;

You guys think it's going to dip soon?

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>>2434850

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>>2434850

really need ark to drop in price.

I should have bought ark yesterday, but forgot to do it lol.

>>2434850

Only 400 :(

I am poor so can't afford more than that.

>>2434918
It's in a dip right now. We might see sub-$.80 again so wait a little bit

>>2434918
You missed a great day to buy yesterday. Go in if we dip under 30k again. Even if we don't, the gains will still be great in the long run.

>>2426310
i only have about 112 ark. it wont be a lambo payout, but at least ill be able to buy the next shitcoin

>>2426683
open up some credit cards with several $k credit. then buy up coin via coinbase.

>>2435639
Tempted to do this with ETH

Is it worth it?

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NO WALLS RIGHT NOW, GET IN HERE!

>>2434850
9,100 which is the majority of my portfolio. I'm either going Lambo or I'm going broke. I will only regret not trying.

>>2436005
I have 4000 invested in the biz pool, will probably double that now

>>2436186
>I'm either going Lambo or I'm going broke.

My nigga

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>>2435130
>>2435320
Fuuuuck, Kraken is saying it takes 2-4 weeks to verify account for depositing cash? I've been a coinbase/ex-circle user that's afraid to transfer to bittrex because I heard at least one person had their coinbase account frozen and I dont wanna lose my ETH...

Do you guys think it'll moon before then?

>>2436005
>wanna buy more ARK
>open up eth wallet
>"2000 blocks to go"
>too slow to update on my slow internet
SHIT

>>2436186
9k here too bro
god help us

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5 btc until 42k sats, what are you guys waiting for?!

>>2436523
why not transfer all

Just bought 200 you better not fuck me faggots

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>>2436591
Transfer my ETH off coinbase you mean? I'm too scared. It was stressful af just getting my BTC from circle on to a paper wallet from circle, and I don't know how to ETH paper wallet

>>2436523
>afraid to transfer to bittrex because I heard at least one person had their coinbase account frozen

I've been transferring from coinbase to bittrex for 6 months and have never had a problem

That one guy was probably jus a retard whose account was frozen for other reasons

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>>2436005
I'm not buying any more until my next paycheck... Sadly.

>100 ark
Sadly... Everyone has to start somewhere right guys... ?

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>>2434850
A lot

Also r8 my portfolio

>>2436669
You'll make it anon. Imagine buying 100 ETH 2 years ago.

>>2436656
DONT DO THIS. It seems too risky

Check what this guy posted: >>>2436479

You guys think the value of ARK will change drastically in the next month, or has it got some time before picking up steam?

>>2436895
I would say it has a while before we even see $5. 6 months maybe.

If ETH and Lisk continue to take off and the tech becomes more and more widespread and used, then the sky's the limit.