Because ADA suppressed speculation, the price trend has almost become many shapes of mountain, and after the uphill slope is completely downhill slope. Although Cardano teams was willing to see price success, they were ostensibly unwilling to admit it. I think whatever we insist too much on will have side effects, maybe we should look for a balance. The more we suppress speculation, the more likely ADA to be P&D, and then the huge adjustments will damage investors, this has happened once. I am afraid that this situation will continue even after Shelley.
Although we will not fight price war with others, we can recognize ourselves and encourage ourselves. Sometimes the price increase just needs a signal. It is incentives have protected the life of cryptocurrency. “Kather maghificent”. Perhaps stable growth will not suddenly get and suddenly lost, and being too reserved may result in a reputation of suddenly cold and suddenly hot. We should think of ways to properly prevent the risks of volatility. ADA now has an expected value, which is related to the interests of some investors. ADA is now a surprisingly low price. But is this natural, normal or abnormal? Hard to say. But if you can’t grow steadily and protect your expected value, then the big bang will be too sudden, plus suppressing speculation, and then adjusting too much and cooling too fast. In the past, this has hurt the hearts of some investors and produced some irrational Twitter trolls, which also gave FUD opportunities.
EOS is the opposite (it is even hype to this extent without the main network), and its counter-intuitive approach may result in some less good follow-ups, but this does not prevent us from doing it advisably. The ADA may need a proper marketing. If we follow natural needs, we may be able to go more smoothly. If we continue to suppress speculation after Shelley, may affect the natural growth of popularity. Perhaps ADA can be as untremmelled as Juliet. A currency should help investors protect and grow their confidence.
Yes, I just want ADA rise, maybe she just should worth more? That should have belonged to her. She will get the price she deserves. I think she will OK.
For example, BCH, we see Roger Ver send someone BCH is useless (others can not help them marketing), what BCH needs is price, price needs are demand, technology and marketing. And all this needs a good philosophy. Preventing small problems can avoid big problems. The initial strategy to suppress marketing, if not adjusted at the right time, may eventually lead to problems like the expansion of bitcoin blocks. For example, it may result in a hard fork in the future because of price issues. We all don’t want that happen. BTC suffered a lot of candy hard fork because of lack of trademark protection. Cardano is establishing trademark protection. BTC’s speculation has led to some negative effects, but Cardano definitely needs proper marketing as a commercial project. Currency was originally a commodity.
We cannot deny steady growth and then look forward to the big bang. because surprisingly low prices and surprisingly high prices before and after the big bang may also have negative effects (bad reputation of unfair). This may be the reason why EOS is more popular in the market, although they have done a negative one. We shouldn’t ignore the enemy, we should do it advisably. I have heard an ancient philosophy says that ignoring enemies will lose everything, and almost loses valuable treasures of wisdom.
Suppressions for speculation will intensify conflicts and give P&D a chance. Conformity to the laws and requirements of nature is not a compromise, but an inclusive and reasonable progress. Some people or medias hope the increase in prices is a reasonable factor, we should treat everyone equally like nature, this may cause Coindesk to eventually help us too, so why not? Just some of my superficial views.
Screenshot from Tacoma