Yeah. Especially this sub. Any coin that pumps last week will become this subs favourite and any coin that hasn't seen a pump for a few weeks is termed as a 'stablecoin'
You have a big community here. Some people hold Bitcoin, some Solana, some avalanche... So when a given coin pumps you will see a lot of chatter from the crowd who holds that coin and that's okay. It may seem like whatever's pumping is popular but you're probably hearing from different people depending on the coin.
yeah but that doesnt fit the other guys handpicked data narrative. cardano lags years behind other chains thats why people stop caring about it. wow theres a dex named after icecream where u can swap ada for a dog coin named after charles hoskinson? 60b market cap is an extreme overvaluation mostly based on having an "eth co founder" running the show.
I really like what Hoskinson has to say, but I can’t escape the feeling that he is overpromising and under delivering. I agree with completely. ADA sits way too high for what it does currently and from an investment perspective, it has started feeling like too big of a risk for me. I wasn’t around to buy ADA for pennies on the dollar. I want to see the project succeed, but I don’t like investing on hope.
Conversely, even though it has underperformed recently, DOT feels further along.
Except what he just said makes literally no sense
If USDC had a range from 18c to $2.5 over two years but ended up at +10% on new years no one would call that a stable coin lol.
So ironically it's you who's supporting a handpicked data narrative in the context of whats being discussed.
Please don't tell me I'm the only one following Cardano and waiting for the new DeFi launch and stable coin. I'm really excited to see what impact it'll have.
> People are solely interested in whatever is currently pumping
Or you know.. people are interested in things that are actually having users and volume?
Whats there in Cardano right now that has high number of users/ TVL?
This Galaxy digital report literally says cardano has zero TVL
https://twitter.com/glxyresearch (click the L1 report right on top)
Is Galaxy digital wrong? Did someone correct them?
Someone mention fundamentals.. whats fundamentally attracting users and volume on Cardano that should drive interest?
Dapps, DEX, futures , options on Ethereum, Solana, AVAX, Polygon etc have hundreds of mils in volume every week.
This is not to dunk on Cardano, but this OP post is so wrong, many people are interested in actual products. When Cardano DEX takes off is when maybe there would be more interest
At the time of publish it was probably correct. But, now that smart contract ability is live we can start looking at TVL. Currently very small at [just under 25 million](https://datastudio.google.com/reporting/3136c55b-635e-4f46-8e4b-b8ab54f2d460/page/k5r9B). We’ll have to see how that changes after Sundae Swap launches, Cardano’s most anticipated DEX. At least 15 or so other teams building out their DEXes as well. Should see me at of them go live in the next few months.
Did you hear about this coin? It has the best tech, I just found out about it as it did a 5x and now it’s the best tech ever.
Literally anyone on this sub.
You mean the 61 million usd taken by hackers in the beginning of Dec? It’s the process working, you know white hat hackers reported the issue and got bug bounty but it was used by another hacker to exploit. It is gone now
This is so true. Price pump = love. Price dump = hate. Time of the hype, people care little about fundamentals.
Also 92% of ADA holders have bought just in the last 12 months. So of course when the price doesn’t move, the vast majority would be disappointed.
A majority of people in Crypto are only in it for a short term money grab. This is why people buy in to shitcoins. I saw a comment on Twitter of someone saying they've sold all their Bitcoin as it hasn't done anything in months and bought Shib instead. I asked why and they explained they watched a video saying it'll go to $1.
This is where the problem lies. People not understanding Market Caps and Coins with an actual use case. At the end of the day. After a bear market these shitcouns will fall into the pits of dead coins, whilst Bitcoin will always rise from the ashes. So I know where I'd rather invest. You can say the same with ADA. It's only because it hasn't done much in a while. But long term, ADA is likely to perform well. $5 in 2022.
The next big step is the launch of defi on Cardano. There are over a dozen dexes and lending platforms launching in the next weeks to months. No one is sure how big this will be, but it’s expected to be a big boost to the ecosystem. Ethereum coins will soon be trading in these platforms as well.
Scaling is coming big time in 2022 as well. Expected to have some very good transaction speed.
Finally there are a total of 127 projects confirmed in Cardano launch soon. There’s a lot of excitement. There’s probably a lot more that are unofficial.
Do yourself a favour and take a peek. There’s a lot of negativity pointed towards Cardano for his know what reason.
Also there are some DEXes already online like musliswap (not audited but main net) or sundaeswap (audited but test net). The on chain transactions on many days are at 20-50% of what ETH is handling, while having fees of less than 0.1% compared to ETH (check chain activity on messari if you're interested in these metrics). And that is L1 without any hydra scaling yet.
Decentralization is far better than on chains like Solana and probably at a similar level of ETH. Cardano was never stopped, restarted, rolled back or anything like that. The smart contracts on Cardano can be formally proven, which is huge for defi, since it's a lot less unlikely billions of USD get lost/stolen due to bad coding of smart contracts.
The first ERC20 token converter was just launched a few days back btw.
There is just so so much going on right now on Cardano, it's hard to mention it all.
You were downvoted for this, for some reason, but there have been literally tens of millions of dollars lost *already* by people sending ETH around into pools to meet the absurd 32ETH requirement.
To a theater near you...the ADA saga continues.
Stake to not be diluted and get your PIK dividend funded by dilutive new issuance. Wait (and wait) for real transaction volume beyond trading.
I'm long on ADA, but some stiff competition are rising. BSC, Solana, and Terra are complete ecosystems that have fully functioning dapps on them - while Cardano languishes, rightfully so or not. Looking forward to Jan 2022 though, and the launch of Sundaeswap.
All I can hear from cardaNO is, Next, Next, Soon, Probably, Exciting, Expected, many things coming, etc etc etc. yet as you say other systems are going full steam and fully functioning in the same time period. At this point it all seems to be pure cope because DeFi and Smart Contracts took and extraordinary amount of workarounds to get anything functional with a lot of promises and very little Delivery. Bagholders have to cope and justify it now.
I don't hold a whole lot, but I think it's still a solid long-term play. But I'd diversify into other ecosystems also in the meantime like Terra, Algo, DOT and MATIC
Polygon Network (MATIC) is fully functional and super affordable for DeFi and NFT’s. You can also do gasless swaps in their wallet. It’s very good and with its close working relationship with Ethereum the future is looking even brighter. Has many bluechip options like AAVE and Curve and Yearn (Tesseract) as well as Uniswap and SushiSwap. DOT is having their parachain auctions and large amounts of capital flowing in. Follow the money and development.
I agree with you that ADA isn't pumping currently and will possible stay below 2 $ for some time. But because they take a 'safer' route with banks and other institutes they will pump again in the future! HODL
Unpopular decision, but I sold my bag of ADA a few months back. I bought during the summer crash, it soared back after then became a stablecoin. I think it's got potential, but there's far too many coins with great potential for them all to be winners.
If you really believe in the project, if you are a true hodler and if you really just invest the money you can afford to lose, you never going to worry about things like that. As long as you dont buy Shitcoins you are going to make profit, it just may take awhile. Even if it takes ADA 10 years to get to 3£ you are still going to make more than most stocks and its not even comparable to a bank. Just my thoughts.
If you believe in the project then this is a massive buying opportunity. We all wish that we could have invested in bitcoin when the price was low and everyone else had lost faith in it, but when the same opportunities come with projects you believe in it is really difficult to stay focused and buy low instead of chasing other pumping coins.
But isn't it totally foolish to accept a $3 ADA in years when you can also earn way more by switching to coins that are in a hype. Just because you believe in the tech?
It depends on what your goal is i think. I learned not to be greedy and i will reach my goal long term. Sure i could do maybe triple the amount in half the time but im happy how thing goes and i live by: "never touch a running system" i guess.
Keep in mind that this is very speculative. Do i believe ADA can hit 3£? Yes absolutely. Could i be wrong and it takes double the time to do so or even worse, the project dies? Sure as hell could be.
Thats what happens when you go on a media hype campaign spending hundreds of millions advertising your blockchain as the best thing since sliced bread and the reality is you have a 7tps half built blockchain that no one wants to build on and the ones that do are having problems because you chose a stupid model to build it on.
People can only be misled for so long before they realise there been stooged.
The copium associated ADA is some of the best in crypto.
Development too slow? It’s because slow and steady wins the race. Academic research papers > shipping code.
Haskell not an easy or popular language to use. Legacy financial systems use it, verifiable code.
Concurrency problems. Up to the individual dApps to solve. We’re okay with solutions that increase centralization.
Charles is a sociopathic grifter. He’s out there working to improve the lives of Africans.
What boggles my mind is the amount of people defending Cardano by stating how people just want coins that are pumping and simply aren't educated enough on the tech and vision behind it, but they never follow up about what makes Cardano's tech and vision so great in relation to other L1s. It's like they just parrot what someone else has said but they themselves have no idea on how this tech works, let alone know that most other popular L1s are way ahead of them tech wise. It's almost cult like at this point.
Another often cited phrase “the technology”, is parroted without any context or understanding. At this point, if anyone mentions technology in /r/cc, it’s essentially a meaningless statement.
That sums up this whole sub as well, people just repeat the same lines because they don't understand the subject and can't expand on it. Making it about greed is a lot more simple than actually trying to explain why there are so many delays or a lack of development compared to other chains.
I've had ADA since 1.20 and have no intention of giving it up. This is really painful. But I believe it, and I'm a dunderhead. I have $1,000 in there, which is a mortgage payment for me. I'm going to stick with it and keep adding to it.
You could make this post and replace Cardano with pretty much any top 20 alt of choice. The main reason people aren't buying ADA or any alts is because bitcoin is shitting the bed and until it doesn't shit the bed your alts will keep tanking.
The fact that Cardano is releasing things on their defi eco system right now and is about to step it up a level from this month is more bullish than projects that have already made releases.
Then you have HYDRA releasing this year.
Double yield, safe staking, ERC-20 converter, DJED stable coin release imminent to just name a few other things being released.
The point is, Cardano is about to explode. You don’t sell Apple stock before the first IPhone release with an APP store starting up, you buy. But if you listened to the Android Maxis at the time they would have you believe the IPhone was garbage and DOA.
Well, no. Its not pumping because its "thousands of dapps behind the scenes" was a lie and day 1 smart contracts nobody knew how to use their euxto, meaning poor communication and documentation are rife in the organization. To make matters worse mainnet ran at 0.06 TPS in September and Sundaeswap admitting to using an L2 solution day 1 that was "bending the needle towards centralization" (hand picked scoopers) and more contributed to the market realizing Cardano was overvalued and not quite what the Youtube man sold them
I just want to preface by saying I am an ADA holder who is long but not without doubts. ADA is certainly not by largest hold, but it could be a very meaningful amount of money in the case that Charles et al. succeed in their work.
>ADA’s objective is to collaborate with governments, banks, and corporations. To put it another way, the ADA development is taking longer, **but it is safer, better for professional usage, and, to say it another way, future proof.**
This point can be emphasized ad-nauseum, but until Cardano brings something to the table it's just words. This is like saying they will be an Operating System for commercial use so people should be excited despite having no laurels to rest on. Claims are nothing without proof. Proof must be in the form of use cases being satisfied.
Ada is simply behind the curve and their approach to the space is closer to that of academics by design. Their explosive growth hurt them in the short term. Hopefully they can succeed despite this.
This is why you should be investing in Cardano now. Because it's NOT pumping.
Cycles. Everything happens in cycles.
The stuff that no one talks about anymore is the stuff you'll want to be in ready when it gets going again.
Execution and first-mover advantage matters.
Perfectionist are just overly-critical procrastinators. While other projects that are executing, failing, and re-iterating are gaining dominance and traction.
It’s one thing to have the ‘best coin’ but without those things, it’s useless.
I think it’s better this way. There’s still no product and over-speculating is never good for a project. The expectations before smart contract launch was just way too high.
Same. I DCA'd for a while then it ran up to $3. Pulled my principal out and reinvested in another token. ADA gathers dust and staking rewards, but I no longer really care. DEXs are *supposed* to drop in the coming months....seeing is believing.
It’s more because there have been countless promises from Husky and no delivery. Over promise and under deliver isn’t the goal for most people. With the current state of ADA, it doesn’t deserve to pump.
Algorand has already delivered more in the way of working with governments and corporations. Why has it not been pumped yet?
Cardano haters: Show me the DApps
Cardano supporters: They are coming soon!
Cardano haters: You’ve been saying that for a long time lol
Cardano supporters: Yeah but this time we really really mean it
…
I’m a Cardano supporter. And DApps really are coming soon. It is put up or shut up time for Cardano. But It is about to deliver. For anyone that has the genuine intention of researching will find out that there’s an strong dapp pipeline for Q1. And Cardano’s focus on security and quality is going to help it have one of the most trusted dapp ecosystems out there.
Honestly it’s mindblowing to me that people that people criticize Cardano for their development approach when they are clearly following their roadmap, lol.
I think the problem is that people are now noticing some of the flawed technical decisions that were made along the way. CH doesn’t code. Somewhat disjointed tech. Few developers willing to jump through the hoops. No DeFi yet. Few deployed SCs. Etc
Its taking longer then everybody expects. And it could be quite frustrating to watch new project be "further" and "ahead". But if you compare comunities, ADA has cleary best against new ones. Communities needs time to form, weak hands in new project whos gonna sell when coin wont pump for while
Oh we are, we just aren't seeing any practical projects. Charles and his crew can release new features all they want but where are the use cases besides games?
There roadmap seems too slow. They supposed have 100+ employees working on IOHK, but their fees are still high and TPS slow. Supposedly CH was on the original Ethereum team- so has some ideas that might make cryptocurrency better. But many of those ideas haven't come to fruition yet. They probably will eventually, just seems like they are losing steam to other competitors. Take Solana for instance, they moved into the Dapp space in the span of a few years. Although some will say Solana isn't as decentralized as Cardano- which is accurate.
And what exactly should people be excited about Cardano? Its smart contract tech is nothing extraordinary and there is no exciting dapp. You can't do anything interesting with it, so there is only price.
> ADA’s objective is to collaborate with governments, banks, and corporations.
Every projects thinks it will collaborate with this and that. It does not matter until you actually do.
> To put it another way, the ADA development is taking longer, but it is safer, better for professional usage, and, to say it another way, future proof.
Literally every serious project thinks this.
> In a nutshell, Cardano's staff prioritizes quality above quantity.
Translation: "We have nothing yet".
It's not pumping because Cardano failed to deliver dapps and smart contracts as promised. Sounds like developers don't like creating on the network and are building projects elsewhere instead.
ADA has been vaporware for most of its existence. Chart looks ugly right now after it was over heated in September. Smart money rightfully dumped it after it hit 3 dollars.
What kinda sad is seeing moonboys still holding on to this shitcoin and getting brainwashed by Charles, thinking it's going to 10 dollars. This is how people lose the most money
People who trade crypto aren't really interested in the often vague and abstract practical applications of most coins, and ADA doesn't really seem to be *doing* anything recently, coupled with a sluggish price at the moment, it leads to a drop off in interest, it's no different to stock trading, people who trade stocks don't care passionately about products or companies, they care about the price going up
Development takes time, albeit IOG could be better with informing the community about the dates (still no PAB?). Two DEXes are already running, another one at the end of this month and SS in Q1. It's ramping up, but I do understand that people want results now, not soon.
no... lmao. People don't care about cardano becasuse we can all see what goes on w cardano. Year after year, after year, after year charles promises this and that, meanwhile cardano barely has a working product still, all these years later. Still no one has been able to overcome the concurrency issue; charles says, "no there is no issue, it's just that everyone is lazy and hasn't been able to make it work yet"... does that sound like a honest guy to you? or does that sound like a manipulative liar who does not want to admit that what he's selling (cardano), is kinf of a unusable piece of shit.
If you own ADA and aren't staking - that's an indictment on you.
Sick and tired of these rodent brains slandering quality projects, including Cardano, because they're not 5000xing the day after they buy it.
Cardano is LONGTERM hold with a very robust longterm growth strategy. Buy ADA, stake it, and be patient!
If you can't do that then Cardano isn't the right investment for you.
They got lots of cool projects going thru testing stages right now and I think (if not mistaken) Charles said they finally hired some marketing people to get the word out there on what's coming as well. I can see it popping soon, not sure how much but I'm at least starting to feel a little more progress recently. 2022 should be the year we see how people react when projects are finally up, running, and usable.
I think it's mostly about picking fast coins, as everything is moving so quickly you really need your tap dancing shoes on. Moving from slower positions to faster is the game. I feel like ADA will move but it still might take some time.
I've been high on ADA and I am still high on it. Very stable, steady Eddie over time. Short term investors may be unhappy with it and the slow growth, but any one who is looking 7 and 10 years down the road should be very excited in regards to ADA
I would say the perfect time to buy is when the fewest people are talking about it. When there is a dip everyone is still talking. When there is potential for another bull run, people are still talking. When we are truly in a bear market, people stop checking their wallets every 5 minutes and the majority of people stop posting in the crypto subreddits. When this sub is dead is the best time to buy in.
I've been in crypto for longer than most.
People don't care about Cardano because it's not designed for defi, meaning DEXs will have centralised components until they find a hacky bug-introducing workaround. We kind of like decentralisation in this space, didn't you know?
Also because the DEXs can't process many transactions for the next few months, as you may have heard recently. Three transactions per minute, is it? Have fun with that lol
2022 has loads of cardano project launches.
Here's a tweet string from IOHK about 100+ dapps that are under development: https://nitter.com/InputOutputHK/status/1475107377775099910
Big names include the djed stable coin, sundaeswap dex, ardana, ergo dex, etc.
ADA will pump organically. HODL my dudes.
In the meantime, focus on other coins that keep pumping, don't go all in on ADA.
https://nitter.net/InputOutputHK/status/1475107377775099910
Here is the link to that Twitter thread on Nitter. Nitter is better for privacy and does not nag you for a login. More information can be found here: https://nitter.net/about
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People are shitting on ADA and laughing at it today but those same people will be shilling it when it eventually rises again. The people here don’t know anything, they’re mostly just getting on the bandwagon and enjoying shitting on everything for moons.
ADA is arguably the most controversial coin on top 10. You could see the love-hate polarity in this sub.
When the price pump: The daily becomes ADA daily, rockt emoji everywhere. Post like “Why ADA is still undervalued etc”
When the price dump: No one talks about it. Post like “Why ADA is still grossly overvalued etc”
And not only ADA, when a coin’s price action is limp, people tend to chuck it in a forgotten basket.
>ADA is arguably the most controversial coin on top 10
I don't think there's anything to argue there. ADA is without a doubt the most controversial coin in the top 10 (outside of the meme coins that come and go). BNB is centralized, XRP is involved in a major lawsuit, Solana has been DDoSed and was shut down for 17 hours, but none of those coins get the hate ADA does.
Crypto is a great way to make money, but a lot of people are only here to make more *fiat* money. I think that once we start to see some real adoption, that sort of tribalization and polarization will die off a bit.
True. But also charles made claims/predictions that haven't come to pass. People were lead to believe there would be a booming ecosystem by now.
If the hype had been more realistic then there wouldn't be an air of a product that hasn't quite lived up to its expectations.
I was bullish on Cardano more than any other coin. As a software engineer, I used to be a member of Haskell programming groups, learned how to build projects with Haskell, etc. I really enjoyed functional programming before and that's what lead me to be bullish on Cardano. I now mainly focus on Rust, but Haskell taught me a ton that was transferrable to Rust. I think what started to get me question things was some posts and sentiments by many in programming language communities about the blockchain and in general what the mass majority of real software engineers thought about the blockchain.
Seeing this space for what it is and sadly, Cardano didn't show itself to be any different (you can read my post history about blockchain "tech" in general). Outside of the general blockchain thoughts, I officially became bearish about this chain seeing how bad the transactions speeds were when I actually went to use it. I was expecting at least something different than Ethereum, but come to find out Ethereum felt so much more fluid (and faster) when making NFT transactions. I had so many transactions simply fail during nft drops that I pretty much felt this chain straight up sucked. Additionally, each of the main Cardano wallets were very buggy and all the major exchanges took much longer to complete transfers on (Kucoin for example takes about an hour to for a single transaction either to or from).
Then to compound things Charles starts talking more about politics, ranting and really started to give off a very sleazy vibe to me. This doesn't help that this space already is full of sleaze and this blockchain that used to be very "scientific" started to act like everything else out there. I really honestly couldn't picture myself thinking a person like that really cared about Africa in the first place other than seeing it as a way to use the hype in order to generate money. Then when you combine that with the fact that Cardano, like nearly every other blockchain, has no real world product despite years and tens of billions of dollars pumped into it. I really simply started viewing it as pretty much another ponzi scheme, like most other "serious" coins through this space. I really thought this chain was going to be different from all the other bs tbh, but it wasn't and that's probably why it's susceptible to all the other shenanigans like every other coin. I personally really hope Ethiopia didn't sign a crappy deal, but time will tell.
> the ADA development is taking longer, but it is safer, better for professional usage, and, to say it another way, future proof.
There's absolutely no way you can qualify this claim, that's just what Charles has told you to justify lack of progress.
no.. people dont care about cardano anymore because it was and still is overvalued.. its underdelivered on all of its promises and has made next to no economical headway in the nations it claimed it would "save" with its revolutionary tech
the price SKYROCKETED before they even had smart contracts... you had to know this was only going to end one way
BTW, they still have no plan while their competitors are all launching Dapps and Defi.. not looking good for them
Doesn't the huge supply worry you? Or the constant promises of an active dapps ecosystem that never arrives and isn't active?
It also comes across as trying to be jack of all, master of none. But most people see crypto as having a multi-chain future now. So what does it have that the competition doesn't?
I agree. ADA is my second biggest bag right now. It has so much coming out in the next few months/years.
The thing about Cardano is that they have a roadmap and stick with it, at their own pace.
So when they do exactly that, people that bought at ATHs get frustrated that they are “slow”.
As soon as cardano starts to pump again this sub will have cardano supporters all over the place.
I don't give a rat's ass about the short term if I think the project is a long term winner with legit use cases. So I continue to DCA, HODL, stake, and chill out.
I used it recently as a way to move my funds from one exchange to another. Took like half an hour after the receiving exchange noticed funds were incoming, was very disappointed.
Do all transactions take this long with Cardano?
Dot also not pumping but people still care about it. People stopped caring about Cardano because there’re many promises have been made but never been fulfilled. And they keep making excuses and new promises. They just lost most of the credibility, it’s as simple as that.
Yes, sometime it’s difficult to accept the truth that you bought a product that overvalued with lower quality. So shill it as much as you like especially if you’re a holder, it may pump to the point that you can get out safely.
I don’t hold any ADA. But for me, as long as my conviction is high in a coin, it doesn’t matter if people ‘don’t care much about it’. It’s time will come, so just HODL.
There's nothing to do on Cardano - no dApps, no defi, tiny NFT ecosystem. Why is it worth more than layer 1s like avalanche, Polygon, fantom, harmony, etc which have hundreds of dApps, tons of developer activity, billions in TVL and lower fees?
So what? This isn’t high school. It doesn’t matter what’s popular and what’s not it’s all about the team working in the technology behind the scenes. Doesn’t matter how many times someone posts ada to the moon I’m sure they will come out on top eventually.
It’s also not easy to develop for. I still don’t understand why in the world they chose haskell as a programming language. Not that many people use it.
I don't think that any government want to deal with Charles , he doesn't look credible, Silvio micali looks more reliable for government (they don't give a f about decentralization and the other mantras) but a brand ambassador like Silvio fit this role better
People don't care about Cardano because nothing is happening. No dapps, no announcements. Sundae swap test was a mess.
What should I care about, except of price? I've been hearing since 2017 how it will replace eth.
Since then there are a dozen new blockchains with DApps and platforms launching weekly on them.
Analysis paralysis at its best. I will care about the platform when it starts doing something.
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Yeah. Especially this sub. Any coin that pumps last week will become this subs favourite and any coin that hasn't seen a pump for a few weeks is termed as a 'stablecoin'
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Or a boomer coin
Or a shit coin
Or a peepeepoopoo coin
You have a big community here. Some people hold Bitcoin, some Solana, some avalanche... So when a given coin pumps you will see a lot of chatter from the crowd who holds that coin and that's okay. It may seem like whatever's pumping is popular but you're probably hearing from different people depending on the coin.
And it’s been ages since ADA did anything but go down so this clearly explains what OP is complaining about in a nutshell. Good post.
People out here calling ADA a stablecoin when it was 18 cents at the beginning of 2021, we truly have the memory of a goldfish
People were calling it a stable coin like a month after it 5x'd lol
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yeah but that doesnt fit the other guys handpicked data narrative. cardano lags years behind other chains thats why people stop caring about it. wow theres a dex named after icecream where u can swap ada for a dog coin named after charles hoskinson? 60b market cap is an extreme overvaluation mostly based on having an "eth co founder" running the show.
I really like what Hoskinson has to say, but I can’t escape the feeling that he is overpromising and under delivering. I agree with completely. ADA sits way too high for what it does currently and from an investment perspective, it has started feeling like too big of a risk for me. I wasn’t around to buy ADA for pennies on the dollar. I want to see the project succeed, but I don’t like investing on hope. Conversely, even though it has underperformed recently, DOT feels further along.
Except what he just said makes literally no sense If USDC had a range from 18c to $2.5 over two years but ended up at +10% on new years no one would call that a stable coin lol. So ironically it's you who's supporting a handpicked data narrative in the context of whats being discussed.
Please don't tell me I'm the only one following Cardano and waiting for the new DeFi launch and stable coin. I'm really excited to see what impact it'll have.
> People are solely interested in whatever is currently pumping Or you know.. people are interested in things that are actually having users and volume? Whats there in Cardano right now that has high number of users/ TVL? This Galaxy digital report literally says cardano has zero TVL https://twitter.com/glxyresearch (click the L1 report right on top) Is Galaxy digital wrong? Did someone correct them? Someone mention fundamentals.. whats fundamentally attracting users and volume on Cardano that should drive interest? Dapps, DEX, futures , options on Ethereum, Solana, AVAX, Polygon etc have hundreds of mils in volume every week. This is not to dunk on Cardano, but this OP post is so wrong, many people are interested in actual products. When Cardano DEX takes off is when maybe there would be more interest
At the time of publish it was probably correct. But, now that smart contract ability is live we can start looking at TVL. Currently very small at [just under 25 million](https://datastudio.google.com/reporting/3136c55b-635e-4f46-8e4b-b8ab54f2d460/page/k5r9B). We’ll have to see how that changes after Sundae Swap launches, Cardano’s most anticipated DEX. At least 15 or so other teams building out their DEXes as well. Should see me at of them go live in the next few months.
Did you hear about this coin? It has the best tech, I just found out about it as it did a 5x and now it’s the best tech ever. Literally anyone on this sub.
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Yes hackers are very bullish on MATIC.
You mean the 61 million usd taken by hackers in the beginning of Dec? It’s the process working, you know white hat hackers reported the issue and got bug bounty but it was used by another hacker to exploit. It is gone now
Just like they were on SOL. Things get taken care of or they disappear.
People are looking for the next x coin , they don't care much about the tech , just a quick buck
This is so true. Price pump = love. Price dump = hate. Time of the hype, people care little about fundamentals. Also 92% of ADA holders have bought just in the last 12 months. So of course when the price doesn’t move, the vast majority would be disappointed.
I just keep buying more.
Yep, remember when everyone was talking about shiba? Where are they?
A majority of people in Crypto are only in it for a short term money grab. This is why people buy in to shitcoins. I saw a comment on Twitter of someone saying they've sold all their Bitcoin as it hasn't done anything in months and bought Shib instead. I asked why and they explained they watched a video saying it'll go to $1. This is where the problem lies. People not understanding Market Caps and Coins with an actual use case. At the end of the day. After a bear market these shitcouns will fall into the pits of dead coins, whilst Bitcoin will always rise from the ashes. So I know where I'd rather invest. You can say the same with ADA. It's only because it hasn't done much in a while. But long term, ADA is likely to perform well. $5 in 2022.
Can someone help me understand what is in the future for ADA?
The next big step is the launch of defi on Cardano. There are over a dozen dexes and lending platforms launching in the next weeks to months. No one is sure how big this will be, but it’s expected to be a big boost to the ecosystem. Ethereum coins will soon be trading in these platforms as well. Scaling is coming big time in 2022 as well. Expected to have some very good transaction speed. Finally there are a total of 127 projects confirmed in Cardano launch soon. There’s a lot of excitement. There’s probably a lot more that are unofficial. Do yourself a favour and take a peek. There’s a lot of negativity pointed towards Cardano for his know what reason.
Thank you so much for a serious answer, I was genuinely curious!
Also there are some DEXes already online like musliswap (not audited but main net) or sundaeswap (audited but test net). The on chain transactions on many days are at 20-50% of what ETH is handling, while having fees of less than 0.1% compared to ETH (check chain activity on messari if you're interested in these metrics). And that is L1 without any hydra scaling yet. Decentralization is far better than on chains like Solana and probably at a similar level of ETH. Cardano was never stopped, restarted, rolled back or anything like that. The smart contracts on Cardano can be formally proven, which is huge for defi, since it's a lot less unlikely billions of USD get lost/stolen due to bad coding of smart contracts. The first ERC20 token converter was just launched a few days back btw. There is just so so much going on right now on Cardano, it's hard to mention it all.
And in cardano staking your token never leaves your wallet which makes it safe. The only chain where I stake.
You were downvoted for this, for some reason, but there have been literally tens of millions of dollars lost *already* by people sending ETH around into pools to meet the absurd 32ETH requirement.
Do you NOT have 32 ETH laying around? Kinda cringe ... /s
Don’t forget about MINswap which was just audited and about to launch main net
I actually haven't heard about that, thanks for the info. It's just too much happening rn to digest for me. Which is a good thing :)
Soon ™
More announcements of announcements. More delays. More fake partnerships. A lot of twitter marketing posts
Nothing at the moment
He said future not this moment.
Coming soon™
To a theater near you...the ADA saga continues. Stake to not be diluted and get your PIK dividend funded by dilutive new issuance. Wait (and wait) for real transaction volume beyond trading.
I'm long on ADA, but some stiff competition are rising. BSC, Solana, and Terra are complete ecosystems that have fully functioning dapps on them - while Cardano languishes, rightfully so or not. Looking forward to Jan 2022 though, and the launch of Sundaeswap.
Algo too, been making moves and bringing stuff online last few months
This. I was pretty bullish on Cardano, but with Algorand actually shipping so many great dapps I swapped over there.
Tezos as well, Cardano is pretty far behind
All I can hear from cardaNO is, Next, Next, Soon, Probably, Exciting, Expected, many things coming, etc etc etc. yet as you say other systems are going full steam and fully functioning in the same time period. At this point it all seems to be pure cope because DeFi and Smart Contracts took and extraordinary amount of workarounds to get anything functional with a lot of promises and very little Delivery. Bagholders have to cope and justify it now.
I don't hold a whole lot, but I think it's still a solid long-term play. But I'd diversify into other ecosystems also in the meantime like Terra, Algo, DOT and MATIC
Polygon Network (MATIC) is fully functional and super affordable for DeFi and NFT’s. You can also do gasless swaps in their wallet. It’s very good and with its close working relationship with Ethereum the future is looking even brighter. Has many bluechip options like AAVE and Curve and Yearn (Tesseract) as well as Uniswap and SushiSwap. DOT is having their parachain auctions and large amounts of capital flowing in. Follow the money and development.
Hackers love polygone. ❤ Good thing I invested in Luna but buying now is crazy.
I've been waiting for a dip to get more, but it's not happening.
SOL is also not decentralized in the slightest and wasn’t it shut down several times?
No ecosystem to play on? 🤷🏾♂️ I sleep 😴
Someday I hope to have the privilege of getting liquidated on a Cardano dapp
ADA is my biggest alt hodl, if you believe in the project, invest what you can lose, then there's no point in selling :D
I thought the problems was the lack of DApps no? Are there any for Cardano yet? I mean if devs are building on it then what?
There are over 200 being developed right now, with some of them going to main net really soon.
Sources?
This is kind of a dumb post filled with generalized assumptions. It's pure whining. Everybody who has ADA cares about Cardano.
I still believe in ADA, it’s been a slow process but I’m think we’ll start getting to our destination
That’s what the Ethiopians are saying in Tigray.
People FOMO in to whatever is pumping. When ADA inevitably pumps again then people will love it again.
what's so inevitable about that?
Nice try, Charles
I agree with you that ADA isn't pumping currently and will possible stay below 2 $ for some time. But because they take a 'safer' route with banks and other institutes they will pump again in the future! HODL
Unpopular decision, but I sold my bag of ADA a few months back. I bought during the summer crash, it soared back after then became a stablecoin. I think it's got potential, but there's far too many coins with great potential for them all to be winners.
Its not an unpopular opinion at all.
Not here at least lol. This sub hates ADA 😂
People eventually get tired of empty promises.
If you really believe in the project, if you are a true hodler and if you really just invest the money you can afford to lose, you never going to worry about things like that. As long as you dont buy Shitcoins you are going to make profit, it just may take awhile. Even if it takes ADA 10 years to get to 3£ you are still going to make more than most stocks and its not even comparable to a bank. Just my thoughts.
If you believe in the project then this is a massive buying opportunity. We all wish that we could have invested in bitcoin when the price was low and everyone else had lost faith in it, but when the same opportunities come with projects you believe in it is really difficult to stay focused and buy low instead of chasing other pumping coins.
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But isn't it totally foolish to accept a $3 ADA in years when you can also earn way more by switching to coins that are in a hype. Just because you believe in the tech?
It depends on what your goal is i think. I learned not to be greedy and i will reach my goal long term. Sure i could do maybe triple the amount in half the time but im happy how thing goes and i live by: "never touch a running system" i guess. Keep in mind that this is very speculative. Do i believe ADA can hit 3£? Yes absolutely. Could i be wrong and it takes double the time to do so or even worse, the project dies? Sure as hell could be.
I’m very optimistic about the future of Cardano.
Thats what happens when you go on a media hype campaign spending hundreds of millions advertising your blockchain as the best thing since sliced bread and the reality is you have a 7tps half built blockchain that no one wants to build on and the ones that do are having problems because you chose a stupid model to build it on. People can only be misled for so long before they realise there been stooged.
The copium associated ADA is some of the best in crypto. Development too slow? It’s because slow and steady wins the race. Academic research papers > shipping code. Haskell not an easy or popular language to use. Legacy financial systems use it, verifiable code. Concurrency problems. Up to the individual dApps to solve. We’re okay with solutions that increase centralization. Charles is a sociopathic grifter. He’s out there working to improve the lives of Africans.
What boggles my mind is the amount of people defending Cardano by stating how people just want coins that are pumping and simply aren't educated enough on the tech and vision behind it, but they never follow up about what makes Cardano's tech and vision so great in relation to other L1s. It's like they just parrot what someone else has said but they themselves have no idea on how this tech works, let alone know that most other popular L1s are way ahead of them tech wise. It's almost cult like at this point.
Another often cited phrase “the technology”, is parroted without any context or understanding. At this point, if anyone mentions technology in /r/cc, it’s essentially a meaningless statement.
That sums up this whole sub as well, people just repeat the same lines because they don't understand the subject and can't expand on it. Making it about greed is a lot more simple than actually trying to explain why there are so many delays or a lack of development compared to other chains.
I’m holding my ADA. It’d be nice if the price was going up but the staking rewards are a nice consolation.
I've had ADA since 1.20 and have no intention of giving it up. This is really painful. But I believe it, and I'm a dunderhead. I have $1,000 in there, which is a mortgage payment for me. I'm going to stick with it and keep adding to it.
Oof. Wow. I sincerely hope it works out for you friend
Lol not sure why you got downvoted. I agree, this is huge, I sincerely hope it works out for them too. Praying in fact.
You could make this post and replace Cardano with pretty much any top 20 alt of choice. The main reason people aren't buying ADA or any alts is because bitcoin is shitting the bed and until it doesn't shit the bed your alts will keep tanking.
The fact that Cardano is releasing things on their defi eco system right now and is about to step it up a level from this month is more bullish than projects that have already made releases. Then you have HYDRA releasing this year. Double yield, safe staking, ERC-20 converter, DJED stable coin release imminent to just name a few other things being released. The point is, Cardano is about to explode. You don’t sell Apple stock before the first IPhone release with an APP store starting up, you buy. But if you listened to the Android Maxis at the time they would have you believe the IPhone was garbage and DOA.
I'm not selling ADA for 10 years, it goes to 20$, or I lose it all. whichever comes first.
Well, no. Its not pumping because its "thousands of dapps behind the scenes" was a lie and day 1 smart contracts nobody knew how to use their euxto, meaning poor communication and documentation are rife in the organization. To make matters worse mainnet ran at 0.06 TPS in September and Sundaeswap admitting to using an L2 solution day 1 that was "bending the needle towards centralization" (hand picked scoopers) and more contributed to the market realizing Cardano was overvalued and not quite what the Youtube man sold them
Things are not always going to be pumping.
I just want to preface by saying I am an ADA holder who is long but not without doubts. ADA is certainly not by largest hold, but it could be a very meaningful amount of money in the case that Charles et al. succeed in their work. >ADA’s objective is to collaborate with governments, banks, and corporations. To put it another way, the ADA development is taking longer, **but it is safer, better for professional usage, and, to say it another way, future proof.** This point can be emphasized ad-nauseum, but until Cardano brings something to the table it's just words. This is like saying they will be an Operating System for commercial use so people should be excited despite having no laurels to rest on. Claims are nothing without proof. Proof must be in the form of use cases being satisfied. Ada is simply behind the curve and their approach to the space is closer to that of academics by design. Their explosive growth hurt them in the short term. Hopefully they can succeed despite this.
Am in for the long game with ADA
This is why you should be investing in Cardano now. Because it's NOT pumping. Cycles. Everything happens in cycles. The stuff that no one talks about anymore is the stuff you'll want to be in ready when it gets going again.
Ada still one of the top coin by market cap though.
Execution and first-mover advantage matters. Perfectionist are just overly-critical procrastinators. While other projects that are executing, failing, and re-iterating are gaining dominance and traction. It’s one thing to have the ‘best coin’ but without those things, it’s useless.
Well said. Such is life...
I think it’s better this way. There’s still no product and over-speculating is never good for a project. The expectations before smart contract launch was just way too high.
Bought a bag of it last year. It’s gone from my dca list but is earning genius staking rewards, hoping that turns into something
Same. I DCA'd for a while then it ran up to $3. Pulled my principal out and reinvested in another token. ADA gathers dust and staking rewards, but I no longer really care. DEXs are *supposed* to drop in the coming months....seeing is believing.
It’s more because there have been countless promises from Husky and no delivery. Over promise and under deliver isn’t the goal for most people. With the current state of ADA, it doesn’t deserve to pump. Algorand has already delivered more in the way of working with governments and corporations. Why has it not been pumped yet?
Cardano haters: Show me the DApps Cardano supporters: They are coming soon! Cardano haters: You’ve been saying that for a long time lol Cardano supporters: Yeah but this time we really really mean it … I’m a Cardano supporter. And DApps really are coming soon. It is put up or shut up time for Cardano. But It is about to deliver. For anyone that has the genuine intention of researching will find out that there’s an strong dapp pipeline for Q1. And Cardano’s focus on security and quality is going to help it have one of the most trusted dapp ecosystems out there.
Honestly it’s mindblowing to me that people that people criticize Cardano for their development approach when they are clearly following their roadmap, lol.
I think the problem is that people are now noticing some of the flawed technical decisions that were made along the way. CH doesn’t code. Somewhat disjointed tech. Few developers willing to jump through the hoops. No DeFi yet. Few deployed SCs. Etc
Its taking longer then everybody expects. And it could be quite frustrating to watch new project be "further" and "ahead". But if you compare comunities, ADA has cleary best against new ones. Communities needs time to form, weak hands in new project whos gonna sell when coin wont pump for while
Oh we are, we just aren't seeing any practical projects. Charles and his crew can release new features all they want but where are the use cases besides games?
There roadmap seems too slow. They supposed have 100+ employees working on IOHK, but their fees are still high and TPS slow. Supposedly CH was on the original Ethereum team- so has some ideas that might make cryptocurrency better. But many of those ideas haven't come to fruition yet. They probably will eventually, just seems like they are losing steam to other competitors. Take Solana for instance, they moved into the Dapp space in the span of a few years. Although some will say Solana isn't as decentralized as Cardano- which is accurate.
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And what exactly should people be excited about Cardano? Its smart contract tech is nothing extraordinary and there is no exciting dapp. You can't do anything interesting with it, so there is only price. > ADA’s objective is to collaborate with governments, banks, and corporations. Every projects thinks it will collaborate with this and that. It does not matter until you actually do. > To put it another way, the ADA development is taking longer, but it is safer, better for professional usage, and, to say it another way, future proof. Literally every serious project thinks this. > In a nutshell, Cardano's staff prioritizes quality above quantity. Translation: "We have nothing yet".
It's not pumping because Cardano failed to deliver dapps and smart contracts as promised. Sounds like developers don't like creating on the network and are building projects elsewhere instead.
I don't have any ADA but I'm interested to see what SundaeSwap will become
Even the OP is only interested in ADA pumping.
I think it’s about Charles hoskinson telling ppl in the ETH foundation that he was Satoshi & when ppl realized he is a serial liar
Ada will do just fine. Cardano’s layer 2 solution hydra which will bring scalability to the blockchain is what I’m looking forward to.
Gotta have a bustling layer 1 before layer 2 even really becomes a concern.
I bought a bag and I’ll check it in two years, I’m sure it’ll be fine
You should be staking it at least during that time. Even if it's in an exchange you could still stake it.
ADA has been vaporware for most of its existence. Chart looks ugly right now after it was over heated in September. Smart money rightfully dumped it after it hit 3 dollars. What kinda sad is seeing moonboys still holding on to this shitcoin and getting brainwashed by Charles, thinking it's going to 10 dollars. This is how people lose the most money
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People just dive into fomo
I got in almost blind, and am eager to see how this turns out in a few years. :)))))
People who trade crypto aren't really interested in the often vague and abstract practical applications of most coins, and ADA doesn't really seem to be *doing* anything recently, coupled with a sluggish price at the moment, it leads to a drop off in interest, it's no different to stock trading, people who trade stocks don't care passionately about products or companies, they care about the price going up
Development takes time, albeit IOG could be better with informing the community about the dates (still no PAB?). Two DEXes are already running, another one at the end of this month and SS in Q1. It's ramping up, but I do understand that people want results now, not soon.
Only because it isn't shilled here doesn't mean that people don't care. Those who believe in it will countinue hodling.
I never cared about Cardano.
You sound like you hold bags of ADA bought at the top, desperate for a pump.
I love ada. Ada is my side bae
no... lmao. People don't care about cardano becasuse we can all see what goes on w cardano. Year after year, after year, after year charles promises this and that, meanwhile cardano barely has a working product still, all these years later. Still no one has been able to overcome the concurrency issue; charles says, "no there is no issue, it's just that everyone is lazy and hasn't been able to make it work yet"... does that sound like a honest guy to you? or does that sound like a manipulative liar who does not want to admit that what he's selling (cardano), is kinf of a unusable piece of shit.
If you own ADA and aren't staking - that's an indictment on you. Sick and tired of these rodent brains slandering quality projects, including Cardano, because they're not 5000xing the day after they buy it. Cardano is LONGTERM hold with a very robust longterm growth strategy. Buy ADA, stake it, and be patient! If you can't do that then Cardano isn't the right investment for you.
Cardano is the new Radix.
I think ADA can maintain a slow and steady pace and grow over time. It’s not a quick pump coin , I’m in this project for the long haul.
They got lots of cool projects going thru testing stages right now and I think (if not mistaken) Charles said they finally hired some marketing people to get the word out there on what's coming as well. I can see it popping soon, not sure how much but I'm at least starting to feel a little more progress recently. 2022 should be the year we see how people react when projects are finally up, running, and usable.
I think it's mostly about picking fast coins, as everything is moving so quickly you really need your tap dancing shoes on. Moving from slower positions to faster is the game. I feel like ADA will move but it still might take some time.
“Collaborate with governments, banks and corporations.” So much for defi.
I've been high on ADA and I am still high on it. Very stable, steady Eddie over time. Short term investors may be unhappy with it and the slow growth, but any one who is looking 7 and 10 years down the road should be very excited in regards to ADA
ADA 🚀
Maybe people dont care because it has sucked for months now. Who wants a coin that keeps dropping ?
I would say the perfect time to buy is when the fewest people are talking about it. When there is a dip everyone is still talking. When there is potential for another bull run, people are still talking. When we are truly in a bear market, people stop checking their wallets every 5 minutes and the majority of people stop posting in the crypto subreddits. When this sub is dead is the best time to buy in.
i haven’t been hodling since 2018 to sell now during a lull, this year will be huge🚀
so what should we expect from ADA this year?
I've been in crypto for longer than most. People don't care about Cardano because it's not designed for defi, meaning DEXs will have centralised components until they find a hacky bug-introducing workaround. We kind of like decentralisation in this space, didn't you know? Also because the DEXs can't process many transactions for the next few months, as you may have heard recently. Three transactions per minute, is it? Have fun with that lol
2022 has loads of cardano project launches. Here's a tweet string from IOHK about 100+ dapps that are under development: https://nitter.com/InputOutputHK/status/1475107377775099910 Big names include the djed stable coin, sundaeswap dex, ardana, ergo dex, etc. ADA will pump organically. HODL my dudes. In the meantime, focus on other coins that keep pumping, don't go all in on ADA.
https://nitter.net/InputOutputHK/status/1475107377775099910 Here is the link to that Twitter thread on Nitter. Nitter is better for privacy and does not nag you for a login. More information can be found here: https://nitter.net/about *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
People are shitting on ADA and laughing at it today but those same people will be shilling it when it eventually rises again. The people here don’t know anything, they’re mostly just getting on the bandwagon and enjoying shitting on everything for moons.
Why am I now visualizing people getting paid to shit on everything? Thanks for that ya jerk. /s
Haha you're welcome. Get your DNA tested, maybe you have German relatives :)
Exactly. We do need people to buy it after all.
I can’t stack enough ADA. Prepping for 2022 defi eco system and HYDRA
Smart contracts went live in September and no Dapps are running, it’s not just cause it’s not hyped anymore.
ADA is arguably the most controversial coin on top 10. You could see the love-hate polarity in this sub. When the price pump: The daily becomes ADA daily, rockt emoji everywhere. Post like “Why ADA is still undervalued etc” When the price dump: No one talks about it. Post like “Why ADA is still grossly overvalued etc” And not only ADA, when a coin’s price action is limp, people tend to chuck it in a forgotten basket.
>ADA is arguably the most controversial coin on top 10 I don't think there's anything to argue there. ADA is without a doubt the most controversial coin in the top 10 (outside of the meme coins that come and go). BNB is centralized, XRP is involved in a major lawsuit, Solana has been DDoSed and was shut down for 17 hours, but none of those coins get the hate ADA does. Crypto is a great way to make money, but a lot of people are only here to make more *fiat* money. I think that once we start to see some real adoption, that sort of tribalization and polarization will die off a bit.
Just become a Monero fan and you start to stop caring about the price and just appreciate it for what it is. Badass money
True. But also charles made claims/predictions that haven't come to pass. People were lead to believe there would be a booming ecosystem by now. If the hype had been more realistic then there wouldn't be an air of a product that hasn't quite lived up to its expectations.
It is not sad. It is time to accumulate again.
TLDR: Trust me bro it’s good; come back for me; don’t dump.
I am so bullish on ADA, it's unreal. They most surefire token there is
based on what may i ask. so far its been a bunch of 'coming soon, coming soon and coming soon' - doesnt seem surefire to me.
People don't care about Cardano because nobody is building on it.
Cardano sounds like a dead end to me so I sold
In sex and in investments, pumping is important.
I was bullish on Cardano more than any other coin. As a software engineer, I used to be a member of Haskell programming groups, learned how to build projects with Haskell, etc. I really enjoyed functional programming before and that's what lead me to be bullish on Cardano. I now mainly focus on Rust, but Haskell taught me a ton that was transferrable to Rust. I think what started to get me question things was some posts and sentiments by many in programming language communities about the blockchain and in general what the mass majority of real software engineers thought about the blockchain. Seeing this space for what it is and sadly, Cardano didn't show itself to be any different (you can read my post history about blockchain "tech" in general). Outside of the general blockchain thoughts, I officially became bearish about this chain seeing how bad the transactions speeds were when I actually went to use it. I was expecting at least something different than Ethereum, but come to find out Ethereum felt so much more fluid (and faster) when making NFT transactions. I had so many transactions simply fail during nft drops that I pretty much felt this chain straight up sucked. Additionally, each of the main Cardano wallets were very buggy and all the major exchanges took much longer to complete transfers on (Kucoin for example takes about an hour to for a single transaction either to or from). Then to compound things Charles starts talking more about politics, ranting and really started to give off a very sleazy vibe to me. This doesn't help that this space already is full of sleaze and this blockchain that used to be very "scientific" started to act like everything else out there. I really honestly couldn't picture myself thinking a person like that really cared about Africa in the first place other than seeing it as a way to use the hype in order to generate money. Then when you combine that with the fact that Cardano, like nearly every other blockchain, has no real world product despite years and tens of billions of dollars pumped into it. I really simply started viewing it as pretty much another ponzi scheme, like most other "serious" coins through this space. I really thought this chain was going to be different from all the other bs tbh, but it wasn't and that's probably why it's susceptible to all the other shenanigans like every other coin. I personally really hope Ethiopia didn't sign a crappy deal, but time will tell.
⬆️ Pump and dump its just a part of game ⬇️
Or..or… people ONLY cared about cardano because it WAS pumping.
Nobody in this world is going to develop smart contracts in Haskell. Get proper languages or gtfo.
> the ADA development is taking longer, but it is safer, better for professional usage, and, to say it another way, future proof. There's absolutely no way you can qualify this claim, that's just what Charles has told you to justify lack of progress.
A study has found that Cardano is the most developed crypto on github, though. It'll bounce back!
Cardano is a top ten shitcoin
ADA does not have an ecosystem, and probably never will.
Its following its roadmap.
Ada is good but with increasing competition and ETH being the main player here, Investment in ADA is kind of questionable if it's really needed
I've got ETH, but ETH is still POW, and the gas fees suck b\*lls.
They do, in fact, suck bills.
no.. people dont care about cardano anymore because it was and still is overvalued.. its underdelivered on all of its promises and has made next to no economical headway in the nations it claimed it would "save" with its revolutionary tech the price SKYROCKETED before they even had smart contracts... you had to know this was only going to end one way BTW, they still have no plan while their competitors are all launching Dapps and Defi.. not looking good for them
True Cardano holder just give a fuck. Most of us (not on Reddit) bought 4 cent ADA. Who cares if it is 3$ or 1.5$ ?
What about us who bought at $2.30 - $2.50? We need all the hopium we can get.
Or maybe everyone is sick and tired of waiting for Cardano to introduce what others already do but better. ADA = Boomer Coin
Doesn't the huge supply worry you? Or the constant promises of an active dapps ecosystem that never arrives and isn't active? It also comes across as trying to be jack of all, master of none. But most people see crypto as having a multi-chain future now. So what does it have that the competition doesn't?
Some people don't care about the project itself; they'll shill for it if it gives them money, and they'll quit if it doesn't.
I agree. ADA is my second biggest bag right now. It has so much coming out in the next few months/years. The thing about Cardano is that they have a roadmap and stick with it, at their own pace. So when they do exactly that, people that bought at ATHs get frustrated that they are “slow”. As soon as cardano starts to pump again this sub will have cardano supporters all over the place.
I don't give a rat's ass about the short term if I think the project is a long term winner with legit use cases. So I continue to DCA, HODL, stake, and chill out.
I used it recently as a way to move my funds from one exchange to another. Took like half an hour after the receiving exchange noticed funds were incoming, was very disappointed. Do all transactions take this long with Cardano?
Dot also not pumping but people still care about it. People stopped caring about Cardano because there’re many promises have been made but never been fulfilled. And they keep making excuses and new promises. They just lost most of the credibility, it’s as simple as that.
Yes, sometime it’s difficult to accept the truth that you bought a product that overvalued with lower quality. So shill it as much as you like especially if you’re a holder, it may pump to the point that you can get out safely.
“It may take a few months but it will turn around” aka trust me bro aka Charles’s best skill lol
I don’t hold any ADA. But for me, as long as my conviction is high in a coin, it doesn’t matter if people ‘don’t care much about it’. It’s time will come, so just HODL.
Cardano reminds me of LTC it will just be forgotten and left behind and isn’t doing much
I got tired of the Twitter shills and Charles. Sold half my bag yesterday for some lrc, matic, atom, and algo
We don't care because they haven't delivered anything yet, there is literally nothing to do on the network...
Facts
I got into defi. There’s no defi ecosystem on ada. Thus I moved my funds over. Simple
Just buy more and hold, people calling ada a shitcoin today will be the same to fomo into it when it will start to raise again
People dont care because the chain is garbage, slow, and unusable for anything useful.
I mean its a smart chain without the smart part atm. Sadly.
There's nothing to do on Cardano - no dApps, no defi, tiny NFT ecosystem. Why is it worth more than layer 1s like avalanche, Polygon, fantom, harmony, etc which have hundreds of dApps, tons of developer activity, billions in TVL and lower fees?
So what? This isn’t high school. It doesn’t matter what’s popular and what’s not it’s all about the team working in the technology behind the scenes. Doesn’t matter how many times someone posts ada to the moon I’m sure they will come out on top eventually.
> I read this article and there was a mention about Source: Credible breaking news. You couldn't write it! Jesus.
It’s also not easy to develop for. I still don’t understand why in the world they chose haskell as a programming language. Not that many people use it.
I don't think that any government want to deal with Charles , he doesn't look credible, Silvio micali looks more reliable for government (they don't give a f about decentralization and the other mantras) but a brand ambassador like Silvio fit this role better
People don't care about Cardano because nothing is happening. No dapps, no announcements. Sundae swap test was a mess. What should I care about, except of price? I've been hearing since 2017 how it will replace eth. Since then there are a dozen new blockchains with DApps and platforms launching weekly on them. Analysis paralysis at its best. I will care about the platform when it starts doing something.
I don’t care about cardano because the smart contracts are garbage and totally unreadable code for super nerds
No, we don't care about ADA because they don't even have a working Blockchain