It is decentralized. The developers will be voted on by the community after 2020. It is decentralized from the governments, not decentralized from humanity. Plus, expect crackdown on anything that cant be regulated. The fact that this does a good job of finding the middle ground between decentralization and governments is what initially got me interested in this project.
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I’m going to hodl to my fiat until some ADA whales got the pressure to sell off.
I constructively agree with @Dagst47. Timely and continuous marketing and support to Dapp / smart contract application developers is absolutely critical to gain momentum, even at early phases. I’ve worked 25 years in internet and telecom standards, and one has to compete for mindshare intelligently to get adoption, even if one has the best technology and architecture (which I think Cardano does).
…now, that is funny…if BitConnect did not go to zero, how could ADA?..
If we’re making the comparison, why is Bitconnect currently trading at 3.17$ while Ada is struggling to stay to maintain 10x less than that? This, again, proves my point: you cannot presume that “the better coin will win”.
And for anyone who wants to suggest that “time on the market” increases valuation (i.e.: the “it’s been around longer” argument or conversely “Ada is too NEW of a coin”), let’s look at the historical chart. The Bitconnect token entered the market on Jan 20, 2017 (this is all stuff I’m getting from coinmarketcap). Within about 4 months it grew from 0.16$ on release to 11.72$ (On April 13) per token. Obviously, valuation in crypto has a lot to do with Perceived Value (maybe Deceived Value for that example?). That scam-coin had Zero Value, and was pumped by Pure Promotion.
Cardano has been the opposite to a fault. Go over to the Cardano Marketing thread - it’s like a desperate community-led marketing white board. Nothing wrong with grass-roots efforts, mind you, I fully support their enthusiasm. I’d just like to see it matched by the IOHK institution in a more formal manner.
As for why that crappo bitconnect scam-coin is still around? I have no clue. I’m sure they did something with their new bitconnect “X” or whatever to keep the coin floating around. Maybe Grant and Trevon are HODLing their tokens to pay bail? 
So yeah, I really do believe that Ada “could” go to zero if people lose interest in the project and it never gets implemented. People will just gravitate to the next big thing and Cardano will be a distant memory. OTOH, I think some professional effort put into Marketing/PR could really increase visibility of the project and fast-track Cardano into mainstream implementation. I think @cranium said it better: we need to compete for mindshare.
You need to learn what market cap is, ADA is valued at a lot more than Bitconnect. But yes, of course it is stupid that bitconnect has value in the first place, but that could be said about Bitcoin too lol.
And no, things wont move to the next place, forgot all the hot money, it will come back where it belongs. It doesn’t matter if ADA goes down 90% its still valued at 1 billion dollars, which is probably a lot more real. Cardano just needs to keep doing what they do, not focus on marketing, but building actual product, and focus on their strategy. Not hype and marketing. Cardano has no product, Its vaporware at this point, how can you do any marketing on that. You cant, the only thing you do is short-term pump at the cost of the long term.
The relentless slide against BTC is great, let the fast money exit, it will come back once ADA is ready for it, and they will be buying in at much higher prices for the benefit of long-term holders. And if you really want to pop, then I can tell you the more stupid money that holds ADA, the less chance it has of popping that is for sure, the stupid money enters at the end of these pops.
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Of course I know what a market cap is, don’t be stupid. And Ada isn’t valued more than Bitconnect. Cardano has a market cap that is higher than that of a disrupted Ponzi scheme. Congratulations. Regardless, the bit connect token is currently trading at 10x the value of the Ada token.
I’m thinking you don’t totally see this market capitalization issue straight. You DO realize that most of the Ada coins were not sold at the current valuation, yes? I bought a very large sum at about 2.7 cents each, for example. Cardano/IOHK don’t magically inherit the value of their coin offering and the Market Cap doesn’t reflect the Sale Price of the token. If there were 24B ada sold at 2.7cents, and the last token sold for 1$, suddenly the calculated “market cap” leaps to 24B?? That sounds reasonable to you?
The slide Vs. Bitcoin is a bad thing, and you don’t need a product to win over people’s excitement about the project. You heard about Cardano somewhere, right? People need to be exposed to it in order to value it. And FWIW, long term holders are getting totally Screwed by the likes of people like me who will increase my position on the (super predictable) downslide vs bitcoin. Maybe that’s what you want? A chance to increase your own position? Then at least be honest about it. “No attempt to increase visibility of this project should be performed until the following people have had adequate change to increase their holdings!”
Since I started this thread I’ve gained 10% with the same damn money. Sell. Buy back. Wake up hodlers. I value this coin as much as you do, trust me on that, but you cannot simply let a project melt away into obscurity.
You dont understand market cap.
The price of the token has nothing to do with anything, there is NO information you can take away from the price of the token. What you just wrote proves you dont understand it all. Go understand market cap first, then you can come back and comment.
Cardano is about 290 times more valuable than Bitconnect, if there was the same token supply, 1 bitconnect would sell at 1 dollar, and 1 Ada 290 Dollars.
There is no marketing to do, there is no product? The purpose of marketing is not to pump the price lol, thats what a scam would do. We need organic growth, and we need to market a product, not to investors, but to actual users.
You think the purpose is to get the price to go up, It is simply not, the market will give it fair value, thats what the market do, you cannot trick the market, only for a short term.
Keep doing that, and you will eventually have 0, maybe you are the one in a hundred, but you probably are not.
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Keep hodling. I’ll see you at the finish line.
It’s all good, we’ll all be Besties if IOHK makes this project float.
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Sure 
You should still go and fully grasp market cap though, and dont take offense, It just good to be educated - and its a very important concept when it comes to investing, you cant value anything without market cap.
Yes that is how market cap works, and also it is not just 1$. ADA trades 200 Million to 1 billion USD / a day in volume (priced in BTC) and this is with only two major exchanges.
I know you do have a point, if like only 1 ADA traded at a extremely high price, but you far underestimate the liquidity.
i am 99% convinced that the so called user “adalove” is actually a troll that owns 0 ada !!!
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If ADA goes down the toilet in terms of price, it doesn’t really matter, IHOK is already funded for the next two years. The price of ADA has no impact on the project, other than the potential funding for next round. It only affects you as a speculator, and Cardano is not here to make you gains, that is not the goal of the project, that is just a side-consequence of a successful project. If ADA crashes, great, its just cheaper and the potential gains are even greater. I would love ADA to crash 90% more (if there was no fundamental reason behind it) yeah I would be down a lot on my position, but I am confident in the price and project, and given a opportunity to triple that position would be awesome. I dont necessarily think it will happen, but will take it if it does.
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Btw everyone can see the genesis distribution block here, https://www.cardanohub.org/en/genesis-block-distribution/
This whole whale thing is completely overblown.
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You know, I hadn’t thought of that, but I think you might have something there. ADALOVE’s post do seem somewhat ‘trollish’… I mean absurdly long and also contrived… like someone perhaps with a mission.
Let’s face it - ADA has plenty of competitors, plenty of people who’d like to see it fail. I admit that even I would like to see it temporarily “fail” in the short term, just to get the price down to a reasonable entry point… because I know it will succeed in the long term.
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One may not like the style, and one may not like the specific questions asked, that doesn’t make someone a troll though. I’m seeing a questioning of the underlying foundation of Cardano. If you have skin-in-the-game you want the basis solid in place to secure your position and investment. Best approach for that is to try to see where the weak spots are (i.e. how can we break it?), and address these. In this space complacency will most likely kill you. Let’s give people the trust and respect they merit. For the moment I trust the best intentions of Adafans_io as I do those of ADALove. I think we’re all on the same boat, let’s not go for the divide-and-rule approach. If ADALove would be a troll I think (s)he will betray him-/ herself sooner rather than later, and then we’ll take it from there. I think we’re still far from being there though…
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That’s a fair attitude…
Okay so profit for investors is non-issue. This is a bit unfortunate to me. There are plenty of people who think this is a great product and know one is buying it and we cant seem to maintain significant volume to buy it. But let’s look at Nano folks. I have heard charles say that he shoulders the responsibility he has to his investors seriously, I do hope he means all of them and not just the ones who got Ada at a fabulous price. All RaiBlocks did was rebrand and they are from 7 to 16 dollars in 5 days even in this market. Theres nothing much else to say except that for those of us who put a signifigant amount of money into for not a significant amount of coins this is quite painful and makes one a bit synical. anyways im just whining because frankly if I had some balls I would have tripled my ADA stake on the way down already. Hugs people.
This is called a weak hand and the market is inherently designed to flush you out. That is what the market is designed to do.
The only thing Charles can do, is create intrinsic value, pumping the price is not intrinsic value, it will just lead to misery of those buying in at new unsustainable highs. Slow organic growth is the way forward from Charles perspective, that is of course not what you want as a trader. It might not even happen that way, ADA might pump anyway, but you have to understand that this is not in Charles or IOHK interest at all. Their objectives are different that yours.
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I get it man but im still allowed expunge a little catharsis. Also if by weak you mean didnt sell when clearly I should sell and buy back(or better yet found fiat on the 5th of jan) as trend lines have been plenty clear then yes that’s a week hand thanks for reinforcing that. If you mean by weak hand that I should just have hodled all this time and now and forever just picking up more bags when they seem cheap I tend to disagree. Ive gained coins coming down but I should have gained a whole lot more.
Also dont give me this all cardano can do…It would be more accurate diction to say all it will do or maybe even all he should do. saying that is like saying all apple could do was build a computer.
Listen the fact cardano doesnt really advertise is one of the things that drew me to them in the first place…And by the way their roadmap (i mean how it looks on the web pageI is fantastic. But saying they somehow CANT market themselves better is ridiculous.