/biz/ - Business & Finance

The faithful shall be rewarded.

A lot of people do not understand this, but a coin becoming the asset of a legally incorporated business entity is actually BAD for short term profits, because it implies the possibility of regulation. It makes perfect sense that it would dump after this announcement, instead of pump. Furthermore, because of the DPOS system, and the rabid community that ARK has, the coin is an extremely unattractive target for PnD groups. They know that trying to pump this coin is a useless endeavor because so much volume is held in off-exchange wallets that the invisible resistance is immense and would defeat any attempt to inflate the price.

Any growth that you see in ARK is perfectly organic. Even against the price suppression through bots that has been going on since day 1 with this coin, ARK manages to slowly creep up as more and more people realize the amazing fundamentals and buy in. And it's one of the most secure holds ever. Literally all you have to do is vote and hold and you will make money. One day this coin will go 10x, then 100x. Don't forget that ETH was once 3 bucks. Are you going to blow one of the biggest financial opportunities of your life just because it didn't moon over one weekend?

Then the LORD said to Noah, "Enter the ark, you and all your household, for you alone I have seen to be righteous before Me in this time."