ARK is meant to be a push-button deployable blockchain that can be replicated and forked by startups and other companies that seek to utilize the ARK business model. In other ways, it is comparable to coins like LSK and SHIFT. These are coins that will utilize IPFS, a decentralized means of storing data.
>What is IPFS?
IPFS is a peer-to-peer hypermedia protocol to make the web faster, safer, and more secure. It has been lauded as the next iteration of the internet and a replacement for HTTPS. For more on this:
One example of using Smartbridge is the transfer of payments through various blockchain networks. This allows users to send a transaction with a specific amount of ETH from ARK, directly to the holder of the ETH account, once the information is processed and verified. Other applications will eventually lead to the transfer of data for user profiles, service ratings, contracts, and other applications. The use cases really are endless.
Another use case could be a 3rd party coin exchange service may look for specific triggers and handle cross blockchain payments for their customers. For example, You have ARK but want to pay for a movie using Netflix Credits but you don’t have any Netflix Credits. You could go through multiple steps to transfer into these credits to watch a movie but because you are a member of Bob’s coinshift platform, you can send an ARK transaction to bob with the instructions to pay for the video you want to watch with Netflix Credits on your behalf. This would not require Bob to be there and would be handled by the Centralized and Decentralized system that Bob’s Coinshift provides instantly for the consumer.
Now onto my predictions -CONT-
Jaxson Fisher
>My analysis
I have been watching ARK ever since it launched in mid march, and here is what I've learned:
>ARK is relatively stable >ARK has had 3 significant surges >First one at launch >Second one was several days later >Third and last pump was a couple of weeks after that >Since then, it has been on a slow descent to around 10k sats >At around this level, it had stabilized for a couple of weeks >Volume has been relatively low despite showing 70+ btc as a result of bot activity
Now it has begun to rise, much in the same way that it had prior to the other pumps. When the volume actually begins to take off (200+ btc) it will most likely surge. Remember, the volume that you see now is mostly artificial due to bots. These surges are almost identical to each other, so I would expect that it will take off soon. (Within the next few days)
BUYER BEWARE: I have noticed whale activity. There is a whale that occasionally puts up a 48btc sell wall (161k ARK) at 30k sats. There is another (or maybe the same whale) that puts up a 21btc sell wall at around 50k sats. If you are looking for a P&D coin, beware these regions... they will surely cause a dip.
ARK has recently garnished some degree of attention due to the dev team hosting a variety of new coin ICO AMAs on their slack channel.
>ARAGON >BANCOR >Tezo >Mysterium
They are clearly active and networking with other teams, which IMO is a great sign.
Tyler Ward
current bittrex 30-min chart
Robert Lewis
wow thank you for this
Brody Wilson
Ark is a solid coin. Get in now.
Isaac Taylor
I believe it is going to the moon sooner or later. I bought 20k at 11,800
Ryder Nguyen
Do you guys think this can hit $10 sooner or later?
Chase Thompson
Fuck "smartbridges". We need Smart Walls!
>Trump 20'
Jaxon Thomas
I don't see any reason why this couldn't hit $6-$7 if coins like stratis (which appeals to a very small niche imo) are out there in that range
Asher Nguyen
I don't trust ARK simply because of that awful video with the neckbeards right on the front page
Elijah Gomez
I'd trust these old fellas over any faggy entourage of pencil-neck sandle wearing herbs
Cooper Howard
i just put 1btc in to ark based solely off reading a couple sentences itt.
be good
Nathan Lee
how does ARK compare to SHIFT
Jaxon Phillips
That's cool, but I'd sell unless you're willing to hold for a couple of days. The volume just isn't quite there yet if you're looking for a quick pump and dump
Evan Wilson
nah ill hold for a few weeks at least
Cameron Miller
ARK and SHIFT are both intended to utilize IPFS tech, but they differ in that SHIFT is solely focused on that whereas ARK is undertaking blockchain intercommunication as well (see the Smartbridges)
Nathan Ward
Also IIRC SHIFT has a lower supply. SHIFT isn't a bad coin. I just think ARK is better. Same goes for LSK
Caleb Phillips
Why do you think Stratis only appeals to a small niche? It seems as good, or even better than ETH in terms of mainstream appeal.
If this is really such a good investment, why is it being shilled daily? Wouldn't you want to keep it to yourself?
Levi Barnes
A active community is essential to a coin. Also, why would he want to keep it to himself if he already invested in the coin? Bringing more people in would only benefit him.
Jacob Powell
Sure, but it's more than just that. All of this shit on the ARK site and in the OP is just on paper. Yeah, there's a wallet, but has any of the technology actually been developed yet?
