# ADA hit $3bln today **URL:** \ **Category:** Trading\ **Created:** [29 November 2017 15:04 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137 "2017-11-29T15:04:16Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![carl.weir](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/carl.weir/32/440_2.png) [@carl.weir](https://forum.cardano.org/u/carl.weir)\ **Post date:** [29 November 2017 15:04 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/1 "2017-11-29T15:04:16Z")
ADA hit $3bln today. lots of chatter in the market… ---
**Author:** ![heltrol74](https://avatars.discourse-cdn.com/v4/letter/h/ea666f/32.png) [@heltrol74](https://forum.cardano.org/u/heltrol74)\ **Post date:** [29 November 2017 17:26 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/2 "2017-11-29T17:26:05Z")
…and then it crashed again 😂 ---
**Author:** ![carl.weir](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/carl.weir/32/440_2.png) [@carl.weir](https://forum.cardano.org/u/carl.weir)\ **Post date:** [29 November 2017 17:44 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/3 "2017-11-29T17:44:55Z")
true but still $2.455 bin is good, they’re had to be some profit takers I am sure. ---
**Author:** ![Ghost](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/ghost/32/69_2.png) [@Ghost](https://forum.cardano.org/u/Ghost)\ **Post date:** [29 November 2017 19:28 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/4 "2017-11-29T19:28:02Z")
You cant lose with ADA. If the price drops you can buy more (and stake it later :D) if the price goes up you smile 😃 ---
**Author:** ![mb1990](https://avatars.discourse-cdn.com/v4/letter/m/53a042/32.png) [@mb1990](https://forum.cardano.org/u/mb1990)\ **Post date:** [29 November 2017 21:45 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/5 "2017-11-29T21:45:08Z")
price will stay pretty low until commercial viability, too much circulation to increase prices ---
**Author:** ![CosmosX](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/cosmosx/32/2318_2.png) [@CosmosX](https://forum.cardano.org/u/CosmosX)\ **Post date:** [29 November 2017 21:48 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/6 "2017-11-29T21:48:19Z")
The supply doesn’t make a difference. It’s irrelevant. ---
**Author:** ![IAdoptedEarly](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/iadoptedearly/32/265_2.png) [@IAdoptedEarly](https://forum.cardano.org/u/IAdoptedEarly)\ **Post date:** [29 November 2017 21:51 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/7 "2017-11-29T21:51:30Z")
It’s relevant in the sense that the currency will never hit large values. Most people are not logical, and will see the low price of the currency and shrug it off as a memecoin. ---
**Author:** ![CosmosX](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/cosmosx/32/2318_2.png) [@CosmosX](https://forum.cardano.org/u/CosmosX)\ **Post date:** [29 November 2017 21:53 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/8 "2017-11-29T21:53:53Z")
Here’s a good mathematical explanation I found on Reddit. “What difference does that make? If the supply was half of what it is now, the price would be twice of what it is now. Now: For 100 USD you can buy x ADAs. Total value = x \* ADA\_price If you half the supply: For 100 USD you can buy (x / 2) ADAs Total value: (x / 2 )\* (2 \* ADA\_price) = x \* ADA\_price It doesn’t make a difference! The supply is irrelevant.” ---
**Author:** ![mb1990](https://avatars.discourse-cdn.com/v4/letter/m/53a042/32.png) [@mb1990](https://forum.cardano.org/u/mb1990)\ **Post date:** [29 November 2017 22:00 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/9 "2017-11-29T22:00:32Z")
> [@CosmosX](#): > > he supply doesn’t make a difference. It’s irrelevant. the relevancy is for the price to go up from here there has to be massive value attribution and adoption of the coin. My point being if you bought on speculation of 5x, 10x, 100x return on a purchase youll be waiting a long, long, time. ---
**Author:** ![CosmosX](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/cosmosx/32/2318_2.png) [@CosmosX](https://forum.cardano.org/u/CosmosX)\ **Post date:** [29 November 2017 22:01 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/10 "2017-11-29T22:01:34Z")
I disagree. I already hit the 5x return this morning. ---
**Author:** ![mb1990](https://avatars.discourse-cdn.com/v4/letter/m/53a042/32.png) [@mb1990](https://forum.cardano.org/u/mb1990)\ **Post date:** [29 November 2017 22:02 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/11 "2017-11-29T22:02:57Z")
it will be even harder to 5x from here, not enough scarcity in the coin. like i said, it is very possible once the platform is commercialized. ---
**Author:** ![CosmosX](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/cosmosx/32/2318_2.png) [@CosmosX](https://forum.cardano.org/u/CosmosX)\ **Post date:** [29 November 2017 22:12 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/12 "2017-11-29T22:12:02Z")
Yes I believe Charles mentioned that it would be possible to add a burn option in the future. If it reaches 5$-10$ in the next 5 years, I’ll be more than happy. I was lucky enough to get in early. ---
**Author:** ![mb1990](https://avatars.discourse-cdn.com/v4/letter/m/53a042/32.png) [@mb1990](https://forum.cardano.org/u/mb1990)\ **Post date:** [29 November 2017 22:15 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/13 "2017-11-29T22:15:32Z")
So you think a market cap of 225,000,000,000 is possible? ---
**Author:** ![CosmosX](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/cosmosx/32/2318_2.png) [@CosmosX](https://forum.cardano.org/u/CosmosX)\ **Post date:** [29 November 2017 22:17 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/14 "2017-11-29T22:17:40Z")
If I had told you 8 years ago that Bitcoin market cap was going to be 175 billions dollars in 2017, would you have believed me? ---
**Author:** ![mb1990](https://avatars.discourse-cdn.com/v4/letter/m/53a042/32.png) [@mb1990](https://forum.cardano.org/u/mb1990)\ **Post date:** [29 November 2017 22:27 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/15 "2017-11-29T22:27:01Z")
its simple supply and demand logic ceteris paribus commercial viability will have to drive us and not speculation alone like bitcoin ---
**Author:** ![CosmosX](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/cosmosx/32/2318_2.png) [@CosmosX](https://forum.cardano.org/u/CosmosX)\ **Post date:** [29 November 2017 22:27 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/16 "2017-11-29T22:27:20Z")
I agree 200% ---
**Author:** ![Adaholder32](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/adaholder32/32/156_2.png) [@Adaholder32](https://forum.cardano.org/u/Adaholder32)\ **Post date:** [29 November 2017 23:56 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/17 "2017-11-29T23:56:48Z")
Between 1am and 4am uk time 🇬🇧 Ada price will shoot back upto 1600/1800 satoshis And jump upto 3/3.5 market cap ---
**Author:** ![OsanaiSenpai](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/osanaisenpai/32/235_2.png) [@OsanaiSenpai](https://forum.cardano.org/u/OsanaiSenpai)\ **Post date:** [30 November 2017 02:08 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/18 "2017-11-30T02:08:05Z")
I doubt it. I think everyone is looking for that “bitcoin 3.0.” ---
**Author:** ![Adaholder32](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/adaholder32/32/156_2.png) [@Adaholder32](https://forum.cardano.org/u/Adaholder32)\ **Post date:** [30 November 2017 02:14 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/19 "2017-11-30T02:14:22Z")
It’s allready been at that price yesterday ---
**Author:** ![OsanaiSenpai](https://sea1.discourse-cdn.com/flex023/user_avatar/forum.cardano.org/osanaisenpai/32/235_2.png) [@OsanaiSenpai](https://forum.cardano.org/u/OsanaiSenpai)\ **Post date:** [30 November 2017 02:24 UTC](https://forum.cardano.org/t/ada-hit-3bln-today/1137/20 "2017-11-30T02:24:17Z")
My bad 🤗 I am using my phone to go through the forum, and I totally replied to the wrong person. ADA is gonna crush crypto skulls. Honestly the fact that it’s not just a bunch of number crunchers, but people who have a deep rooted belief in philosophy is why I tagged along in the first place. [Next page](https://forum.cardano.org/t/ada-hit-3bln-today/1137.md?page=2)