UK police do not routinely carry firearms, and in previous, less terrorism-prone times, the issuance of guns was actually quite rare.
True. That isn’t a argument against my statement though and in fact i believe succinctly proves it. Meaning regardless of where you are in place and time as long as someone else has a weapon then the threat of force is possible and when the reality of said threat is imposed on you then In order to neutralize/keep the peace you must have one too. The UK police had to re-align with reality. This is basic game theory. Not to mention that if you believe human life is worth something then protecting it is necessary and the reality is that no one is more responsible for your life and your families but you…and abdicating that responsibility to soldiers who are far away or police who are minutes away does not abdicate your responsibility in the seconds in between. I would hope you use your words preferably but as we know in some cases words are not enough and in those cases you must use your fists…and in case of multiple attackers…a rifle will do in a pinch. A rifle prevents my death and theirs as well…because i doubt they would attack if they know A) i have the means to protect myself and B) that means could end their existence. (this is the paradigm that exists until one of you brainiacs create personal forcefields 
)
Hi Martin - i think he does not like the idea of violence and I share that with him. I don’t even like guns but I recognize the world as is and the gun represents both violence and protection. That is the rub though…the violence and protection are actually in the human being…the gun is the manifestation of both qualities. To deny self-defense is to deny that life is worth protecting.
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Strict gun regulation is good for health : I live in France and I’m glad my country has also a strong gun regulation policy.
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This is seriously off-topic, and I’m not comfortable with political discussion even when on-topic, so I hereby bow out.
Well monetary policy is a political topic, Proof of Work and Proof of Stake is a political topic, how developers get paid etc etc etc…this whole project is replacing the worlds financial stack which is WAYYYY more politically explosive then a firearm in some guys house… so does that mean you are out entirely of every conversation?
I respect everyone here and I would hate to make anyone uncomfortable but let’s be honest this is all political.
How is France doing? There is so much weirdness on mainstream media I don’t know what to believe anymore.
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Some of us find it useful to distinguish between principles and pragmatics.
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Right which is what I was doing both in principle in pragmatism. If you are changing over a monetary system (which is what Cardano is doing) and the old one is dying out then it is both logically principled (liberty based) and pragmatic to think through all aspects of that transition (see Venezuela) both in financial & physical security as all social contracts will be broken until it get’s all sorted out.
I understand and it’s totally okay if the conversation is tough for some people but let’s not pretend it’s because of principles and pragmatics.
OK, you win! 
COSMOS X - when you post a pic of early 2015 BTC - I guess you are trying to make a case for how quickly BTC bounces back after a sharp decline >>> you are presenting a blatantly false perception of BTC history! Please back up that price graph and show what actually happened to BTC from Nov 2013 all the way up to early 2015. The big BTC crash took a full 12 months to bottom-out (all of 2014 BTC was falling!) — so you showing ONLY early 2015 you are trying to give the viewer the impression that the BTC fall only happened in late 2014/early 2015. This is false and misleading.
The fact is that if you just study and compare the ENTIRE 2014 BTC crash with what is happening right now you will see SHOCKING SIMILARITY… the pattern is almost identical.
If this pattern continues, then my guess is that BTC now goes up again (within the next month) to 16k - and then slowly slow over the course of 2018, crumbles down to about 3k, of course dragging the altcoins with it… then from 2019 everything will go up again, and the next bubble will be huge!
You can say what you want but my plan is to act according to what I just stated is my guess…
Also you are cherry-picking BTC price data to present an overly optimistic picture. Why didn’t you mention that 2014 year close was $800, then 2015 year close $400? …not such a positive view, eh?
I agree it is good to keep positive, but misleading people with regard to the risks is irresponsible and potentially hurtful to many people.
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I have been missing your perpetual optimism. Your post remind me of this chart, where you can see the full picture you mentioned since 2012
Only time will tell, and for your information and probably to your surprise, I don’t own BTC, simply because I don’t trust its volatility, probably like you. So we probably have more in common that what you imagined.
But unlike you, I wouldn’t go as far as trying to predict what will happen to the BTC price in the coming years, simply because it’s unpredictable and impossible to time the market. I honestly don’t know.
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COSMOS, the only thing you post are impressions for things just going up and up and up… and in the very long term I agree with you. But you don’t seem to have a realistic sense of short term risk.
Are you on this forum and a paid part of the Cardano team? Is it your job to try to “keep things positive” here? If yes, I would not be criticizing that per se, because nobody here is denying the pure fact that Cardano’s price is purely a result of belief in the future of the project > therefore it is in Cardano’s existential interest to keep things positive.
However I felt burned by an absurd, unrealistic, and unfounded PUMP in it’s price when I wanted to invest a lot of money into it at a realistic/honest price (11p). Now it is inflated…
So you can believe what you want, and ‘keep the hype’ going > but I myself will sell my ADA when it reaches again 90p or so [as I expect it to do within a month]… then I will wait until it goes down again to an ‘uninflated/honest’ price of below 15p [as I expect it to do in then next 12m.], and then buy into it because I definitely do think it is a great long term hold.
For the rest of you - if you just HODL, it will probably go down majorly in 2018, but then go back up to new all time highs in 2019 - so my comments ought not scare anyone - and of course I might be completely wrong and be choking as ADA doesn’t miss a beat and goes to the moon… such a miscalculation has happened to me many times before. So y’all come to your own conclusion.
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I am curious as to what you think of XRP price then, given that no banks officially use it apart from 2 companies, Moneygram and Cuallix? The same applies for ALL coins in this infancy phase of crypto, you bet on the future, it is purely speculation.
Regarding ADA, I understand where you’re coming from, I don’t know how experienced a trader you are, but let me share my experience with you:
I used to think that I was smart and that I could time the market, so I followed your strategy in october in order to improve my stack. It turned out that I was just being greedy because I got burnt badly and lost 4000 ADAs in the process. Happened as well on XRP and other coins, and I lost about 2k$ trying to improve my stack but had to cut my losses, just because things didn’t go the way I thought they would. It was only after all those bad trades that I understood why most reasonable experienced traders advise the same thing, and I believe personally it to be a good advice: You just accumulate because you can’t time this market nor outsmart it. And you sleep better
Lesson learned ( the hard way): I would have been better off just hodling in ALL cases, and I will not do it anymore. How is that for “realistic sense of short-term risk”?
If you believe in the project, I hope you will get as much ADA as you want and that you could get some at 0.45 the other day, but I wouldn’t be so sure that it will go back to 0.15$ like you are expecting it to, especially after all this mainstream media coverage that is just beginning, and given the crazy amount of newcomers that exchanges are struggling to process.
And for beginners: don’t invest what you can’t afford to lose.
Hope my experience will benefit others.
Best of luck!
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OK, good luck to you too.
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This is what happened to BTC in 2014 and most of 2015 before it began going up. Of course the long term outlook for a good crypto is always optimistic I believe, but to be realistic I think we can expect some more massive hickups.
I’m not opposed to your strategy but I think the bottom would be a lot higher, ADA has very strong support at 0.42 $. Also consider this, as Shelley rolls out a new support level will establish itself, it could be higher or lower than the current support level depending on the quality of IOHK’s work.
I’m thinking it will be higher, because of the team involved and the acceptance of their paper to eurocrypt ([Here is a link if you are interested, it’s number 67 on the list.]
(https://eurocrypt.iacr.org/2018/acceptedpapers.html) this is no small feature to accomplish, the ratio of accepted papers is 16,3 % and eurocrypt is a rank 1 conference the explanation of the rank [can be found here]
(http://faculty.cs.tamu.edu/guofei/sec_conf_stat.htm)
Note that there isn’t any paper accepted by any other cryptocurrency or smart contract platform, I really believe it’s a great strategy, as cardano is the only peer reviewed and accepted crypto then others will follow, only 16,3 % will get accepted. This means if all crypto’s would send in a paper 83, 7% would be deemed as having a flawed theory, shit and scamcoins will dissappear and the market will become stronger for it. Cardano may be late in the game, but consider that they are now a game changer. Setting higher standards for the rest of crypto.
However I do applaud you for being skeptic, and I admire your strategy, I have done this a couple of times myself, got burned a couple of times but mostly came out on top. I changed my strategy to a mix of 3/5 accumulation and 2/5 trying to time a dip.
May I ask what your basis is for the 0.15 $ bottom?
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My basis for the BTC bottom is ATHs minus between 60-90%… so lets say - 75%… so 20,000 minus 75% = 5K …my guess is this is correct. If we are really lucky the bottom might only be 8k, but if not so lucky 2k. >>> I am basing this off of study of all previous BTC crashes and the dotcom crash.
ADA down to 15p? Well if we apply the above logic then ADA was ALT @ 125p… so 125 minus 75% would be about 32p.
But judging ADA is more difficult because its record is so short. Let’s look at it a different way… when BTC was at 10k (down 50%) a few days ago… ADA was down to 45p. This means that if we co-relate ADA to BTC then 45p is 50% of 90p… so perhaps we should consider 90p as the “working ATH” for ADA? …if yes, then 90p minus 75% would be 22.5p. >>>> so yes, probably 23p can be a reasonable bottom for ADA… maybe no getting quite that low but also maybe hitting even 10p in the worst case.
It would really astonish me if ADA would fail completely and not do well in the long term, even tho I predict 90+% of currently available coins will disappear.
So in a nutshell… yes, when/if ADA goes down into the 20p’s I am going to seriously consider starting to get into it. Perhaps if I wait for 15p I might miss the train AGAIN 
I wanted to, trust me I wanted to…
Even with the possibility of going to Zero for more than just the reason’s that you have mentioned the lower the price the better for me, I also do not see it going to Zero anytime soon or ever.
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