Nice, my average is down to .093 so I’ve been even for quite some time now.
I think it would be helpful for the person’s anxiety if you could do more than to say that it is difficult to explain why it will go up.
There are 8000 coins on the market and of the top 15 ALL crypto has gone up with Bitcoin. All except for ADA. If it would be so obvious that ADA would surge in the future, the market would know it too and ADA would go up significantly. Yet nothing like that has happened, which means the market is not convinced.
So if you have that crystal ball, why not share your vision of a “sure thing” ADA. The market would love to hear it I am sure.
That’s not what I said at all. Quote me
No need to be so defensive. I am just asking you to share your knowledge that you acquired with your “deep dive” so as to address the “misunderstanding” you think this person has.
Easy as that and no need to defend yourself
When I said quote I didn’t mean one word out of context, (this isn’t a political ad) and I’m not the one who has to defend his position.
I obviously know that Cardano has been a cryptocurrency since the ICO, running on a select number of nodes and that IOHK is currently in the process of implementing the research they have completed so that it can become a fully decentralised system. Then through the Plutus language decentralised applications can be built on the platform which will hopefully bring actual intrinsic value to the ADA token. I think I have a reasonable understanding of the concepts, no I am not a programmer myself but I am a researcher in field of regenerative medicine so I do know the value behind completing proper peer-reviewed research and setting the ground work before moving forward and taking action. What I was concerned about was the attitude being shown towards those who invested money into the project because they had faith in the team and the technology, yet now are being dismissed if they voice their concerns about the current lack in competitiveness, the dramatic drop in value and the substantial delays. When the CEO states that he isn’t concerned whether someone else implements the research instead of Cardano, that his favorite company is one that bled a lot of money from the pockets of VC’s and continually dismisses any concerns people have about the drop in price - I don’t think that’s constructive.
Then just say so. I’ll gladly do that, no need to misquote me to get me to engage.
You are obviously an intelligent person, who has done due diligence in regards to research when it comes to this investment. The second part of your post is where I sense a “tilt.” Once Cardano is fully decentralized, who will you point towards to place blame. You’re approaching Cardano as if it’s a company you’re investing in.
i cant believe people still complain when alts are not running vs btc. they are either very new to crypto or have not done any analysis of the marker. Alts do not run when BTC is running! When btc dominance is high you can forget it. Once btc has put in a major topping area and retraced, and then starts moving sideways; you can expect an alt bull cycle.
Look at the charts from earlier this year and noticed how alts ran hard in feb-march, after btc put in a top. Money moves from btc into the smaller caps once a high has been reached to continue to grow USD value. The same pattern has emerged continually for the past few years.
Also thinking that individual coins will spike because of the quality of the project/technology is just stupidity. This market is not being pumped by people investing because of the technology, it is exploited merely to increase market makers wealth, or btc holdings by pumping alts. Blockchain still has not proven anything or seen hardly any adoption. So dont fall in love with a profect. Have a balanced portfolio and start using the marker to increase USD value over time by moving in and out of BTC
My personal opinion is that Cardano is still alpha until Shelley. Nodes need to be distributed and ran by many. I feel like this is the one reason that
isn’t trading on Coinbase.
Think about it. Would you put your company’s brand on the line for a coin that isn’t distributed yet? I could be wrong. I’m probably wrong. I would love for someone to point out a coin on Coinbase with nodes that can’t be built by the community and participate the distributed ledger.
don’r worry. ADA/BTC is doing something, it is going down down and down ;D
“To say “Cardano is using our money to develop,” you would have to have participated in the ICO.” - definitely agree from the time prospective, but not quite on monetary side - if I had bought X amount of ADA at ICO I would’ve gotten all my original investment back by just selling the fraction of my X at current prices and still be left with hefty 99% of ADA, technically passing the full monetary burden on to the “investors” up the tree. It all depends how far up you are in the pyramid
And I don’t think the original investor took much greater rick of buying it for $0.00240 than I did for $0.38 let alone people who bought it for $1 and higher
I am not complaining nor blaming anyone/anything, the mistakes are mine and mine only.
I hope you are right Donny, although technology generally tends to continuously get more efficient thus driving “gas” prices down, but who knows this time might be different, only time will show…
LOL you are so uptight buddy. I expected more style and decorum from someone who supposedly is an “ambassador”. But I guess a title earned by just adding posts and comments doesn’t mean much.
Took my Ada/BTC and bought ALGO. This is going to be interesting.
Why? Is like selling spaceX to buy a newly formed company trying to achieve the same as spaceX just because SpaceX hasn’t gone to Mars yet.
No it’s not the same. I wouldn’t put everything I have into a single coin or company. Similarly, I would not pass up another company just because Space X was first.
Yeah keep dumping yeepy
Project is far from worthless but they lost reasonable delivery guidelines for anything… As far as ignorant bunch is concerned most put money in what they believe, not much choice is left with this market sentiment towards ADA one either collects losses or keeps believing.