Is Shelly being pushed back again?

The delay seems like a bad speculation/rumor.

Fingers crossed :crossed_fingers:

2 Likes

Totally sympathize. I’ve been dollar-cost averaging in ALL YEAR, and am looking at a small fraction of total investment- This is truly a bear market with not many reprieve cycles to help out- things look grim now for sure but the hope is that we ultimately start slowly wading back into a bull-market next year and see our investment at least come back in full, and hopefully pay-out some profit. Have we hit bottom yet? NO. But to get out now would be stupid as a big bounce could literally happen at any moment, especially with ā€œshortsā€ at an all-time high (short squeeze likely incoming), therefore my strategy will be to continue to take this hit until we get the bounce, then when that bounce starts to lose steam, get out, wait for REAL BOTTOM to print (capitulation) and buy in for the bull run next year some time. I do expect us to stay below $6k for awhile though (many months) before we see that resistance broken, so buckle in for a bumpy landing, ;-). Sure is frustrating going through this vicious bear-market though- all the best bud.

2 Likes

Lol for sure, getting out at this point is not an opinion. We’re committed now, there’s no going back!

2 Likes

Oh, well. I don’t need to have ADA > $6K to be happy. :wink:

1 Like

At this point, even the most trustful person would have reasonable doubts
Many says Charles said that work is going on, yet everything indicate precisely the opposite and honestly he said a lot of things yet we are ages long away from what he talks about…

Charles this is for you… please just get something done!
For now, being pragmatic and leaving aside cognitive dissonance let’s say it simple the results are poor!

To precise : what I m worried about is not the market crash is the devualuation of ADA vs other Cryptos

Yes they all crushed but the ratio in which ADA loose weight is very alarming, just do your math!

5 Likes

If only could have access to the info and planning board that they have in Cardano offices …
I could have some suggestions!

2 Likes

Normally my opinion I tend to say it in very close group of people but as I saw in AMA of Charles talking about the whole foundation mess talking freely and naively about the whole situation which I judge very unwise in a Project/business perspective …

And as many people advocate for openness, here we go, Cardano is way weaker that I supposed in a post of mine some months ago… and please don’t tell me the market are crushing, because this specific variable is constant for all proejects.

Still holding all my ADA and planning to buy more!

6 Likes

It’s always darkest before the dawn boys. Lets see how Cardano 2.0 looks when it comes out in general release in a couple of weeks. Then it’s off to the races with Shelly. In the meantime other cyrpto projects are imploding left and right. This gets rid of dead wood and also give Cardano and IOHK more time to get their shit together. I always look at the bright side…It’s a blessing and a curse I guess.

4 Likes

Absolutely … yet I leaded some projects which we faced amazing big challenging ( engineering side ) problems eventually the system at the end works smooth, amazingly precise!
And it was a new whole thing! In fact 10 years later still amazingly inmovative vs what existed and what currently being build!

We were absolutely the first this were possible and have a patente on it, and it didn’t took us that much
We do not have same financing ( 0,001% cardano’s ) and we didn’t had the luxury to work in a team with so much PHDs!

They have everything to have it done but they don’t

I m very vigilante of this situation and can’t be solved by another surprise AMA
BTW, Every surprise AMA with Charles was preceded by an interesting crush!
It’s a pattern

So I suppose I new AMA will come to light soon

4 Likes

They have a good vision and great tech staff. Just need to agree on a strategy and execute.

Markets do what they do… timing them to delay tech release is a bad idea.

3 Likes

I have never heard that anyone is purposefully delaying tech to time the market only that the delay may not be as bad as it might have been.

1 Like

I haven’t heard about Cardano doing this either but the thought did cross my mind.

I hope they are smarter than that…

1 Like

To keep the situation in perspective:

95% of the general population knows nothing of blockchain and it’s revolutionizing potential. Those billions of customers don’t even know about Cardano and where it is on it’s road map. We’re talking about the bark on the trees and there’s the freakin’ Amazon forest out there!

What do we need for the price of Ada to go up? We need people to buy Ada. So let’s tell people about the Evolution of Blockchain and then happen to mention that Cardano is building the most secure and dependable blockchain economy on the planet.

We have a product. It’s Ada. Now.

4 Likes

Cookiemonster do not think he knows future he just likes cookies every month.

3 Likes

Even Cookiemonster is going to get a belly full at these prices!

2 Likes

Ya many cookies big belly now. But cannot stop cookies so yummy!

3 Likes

Just using BTC as a measure for potential value since Cardano seems to follow it’s market moves to a ā€œTā€- guess I should have stipulated that in my post: :-). I eagerly wait for the day that Cardano de-couples from BTC’s value- it shouldn’t matter what BTC’s value is as to what Cardano should be valued at but nevertheless that continues to be the reality unfortunately.

1 Like

I totally agree- I’m ok with losing value in a market crash- that’s just a reality of investing, but the rate at which Cardano is losing value is more than concerning, and smart investors are already starting to question, if not doubt, that Cardano will be able to stay afloat as other newer projects emerge that keep to their timelines and see their valuation excel far beyond Cardano’s. Is the idea good? Hell yeah. But that’s not enough to survive in this competitive market. Cardano WILL NOT survive unless they start to make good on they’re promises and soon as there are many in the community jumping ship and without the ā€œcommunityā€ the project doesn’t stand a chance surviving past the next few years- that’s just a fact. The progress has been substandard, that’s plain to see, and when we see projects like Tron surpassing Cardano in market cap, followers, social media support, and just about all other metrics, despite being a less-quality idea, it really shows just how poor the marketing and progress has been with this project unfortunately. Does anyone out there think Tron is a better project than Cardano? Probably not- and yet they just moved into the top-ten and Cardano is now at #12, plus Tron only lost a percentage point or two this last drop and Cardano continues to drop by 10% or more at a time- while this is just a short-term metric, it does show the market’s confidence in the project, and to be frank, it just ain’t good.

6 Likes

I sure hope so, but I’ve already been hearing rumors that Shelley won’t post until Q4 of 2019 and if that’s the case Cardano’s community just might be gone by then, :frowning: Let’s hope they put the pedal to the metal and start getting some real progress made. Keep in mind we STILL have Goguen, Basho, AND Voltaire to go AFTER Shelley, and to keep it real, BYRON isn’t totally finished either!-WHOA!! If Shelley doesn’t post until late 2019, well, that’s just pushing it too close to the funding-end-date as far as I’m concerned. We know damn well that once Shelley gets released that there will be months, or longer of patches and fixes trying to get it stabilized and therefore the other updates will be delayed- just look at how long Daedalus has taken to get right! WOW! It’s still having MAJOR issues and that was one of the first progress-points in roadmap- -

6 Likes