Bitcoin Forum

3 simple concepts that this 3rd gen crypto aims to solve.

Scalability. This means being able to scale the blockchain which means processing more transactions without violating anything that disrupts the security or inefficiency of the chain. Bitcoin and Ethereum cannot do that right now. There is too much demand in the world for those right now. They want to ensure they stay scalability, working towards that around the clock.

Interoperability. This means being able to interact and communicate with other blockchains. This could be done from a few different technologies such as side chains and atomic swaps. They want communication with different cryptocurrencies. Cryptocurrencies should be able to talk to each other and transact which is what they are trying to solve.

Sustainability. This means to implement a system of governance. Cardano wants to work towards building a governance system to engage the community and allow us to dictate policies and changes for the project.

Some Pros of Cardano. I have many more in the actual analysis

- Cardano takes their concepts and ideas and puts them through peer review. You can see their academic papers on their website. These academic papers are peer-reviewed at university level by people who are experts in this field. This shows Cardano is highly mature and much more respectable in the crypto field.

- The development team consists of a large global collective of expert engineers and researchers. They have a very well-formed team with solid core principles with a long list of developers and engineers working on this project. There are very accredited individuals who work within the blockchain space.

- Cardano has not been trying to market themselves. They didn't create any ads such as 95% of the ICOs on the market right now.

Full analysis: https://cryptocolumn.com/cardano-analysis/

The science approach is a very good idea. it helps to build much needed trust (systems) in a very scamy space.

If you will analyze, some good projects are really put at the other side, where, very few people care about. But for a lot of crappy projects with the airdrop as the main attraction, they are the ones who create a large following. People are even commenting that they are great, nice, etc...But come to think of it, there's really nothing in it. If you will see their ANN, it's just few lines. Like a copy and paste from everyone.

So you will not be surprised if a project like Cardano is undervalued. But the team from this project should do a good strategy in marketing. Otherwise, they will be left behind.

Looks to be performing really well, someone posted about 2000% gains with his investment in cardano, there are a few more similar new blockchains coming up like Aion, Universa etc i think they will moon as well.

Yeah I got in a little over a month ago at $.03 and people were calling me an idiot for not selling at $.13 haha! Still hodling!

That's amazing if true, how much did you put in at $.03?

looks like it had terrible initial distribution...

probably market collusion false high cap

Kidding? I think Cardano is the most overvalued coin right now, no coin worths $10B when it has just started. It will dump, it is inevitable.

I think that you are not looking at the real problems right now, everybody is investing like CRAZY right now because they think that cardano will be worth $100 in a few months, it is not going to happen, but in fact, Cardano has a beautiful project.


They are capable of being a HUGE one, but now right now, it went from two cents to more than fifty in less than one month and a half.

x25 in 45 days, is it fair?

It will dump, but not too much, it will dip, nothing more than a little crash.

I disagree, i think its highly overvalued. The supply is too high and it's still relatively new. It needs to prove itsself.

It can't be undervalued with such gain. The price of cardano looks like a huge pump, and there are a lot of marketing out there. It was many times before with many "ethereum killers". Cardano can be the good project in the long run but don't invest on the all time highs. NEVER. Buy the dip! Always buy the dip!

its 2 years project, not just started.. even older than ETC

do you also see many coins in ATM's ?
https://bitcointalk.org/index.php?topic=2599762

do you see projects that help runtime verification build their blockchain virtual machine?
https://runtimeverification.com/blog/?p=498  (runtime verification respectful company)

do you see projects that have 10 ph.d researchers in the team and 40 developers?
iohk.io/team

do you see projects that sponsoring blockchain research?
http://www.longfinance.net/programmes/distributed-futures-menu/df-sponsors.html

i have many reasons to find why cardano is just better than many coins in the top
especially bitcoin forks

conclusion: yes Cardano is overvalued - but clearly not the most overvalued coin right now
did you see bitcoin gold?
do you know how much effort and thought people put in cardano compare to bitcoin gold/cash ?

the big buy is just because some people can see that and some can not..

I completely agree - this is one of the best projects Ive seen. Especially since these guys are like a university staff.

all of that is of little meaning if they distributed so narrowly to collude and market make a huge false cap.

it is quite possibly a good coin but it should have not been distributed like this

also do we need all of this tech??? who cares about all this smart contract stuff and making my bed for me.

Do we need one coin to do everything...

What if we have BTC as a storage of wealth

then a few different dominant alts to spread the tx load???

what more do you need from a CC?

there is room for more projects but zero to hero projects are often scams and schemes.

I would like to see the full details of this distribution and the reasons they did it that way. Seems open to GROSS collusion and market making to me

Too much supply of this coin. 25 billion. I avoid coins with supply in the billions.

lol what more do we need to know?? a bunch of semi egg heads

who is to say that one person with 30iq points higher than them all can render them all redundant even if their team was 1000 strong.

Who is to say we need more tech crammed in

Why not distribute the strain instead of trying to cram it all on one project under one set of masters.

BTC the store of wealth

10-20 100 other alts to spread the tx and specific use cases.

Seems tech bamboozlement is the key to  getting everyone on the train. Thing is 99.99999% of the passengers have no clue what is powering it.

Just wait soon there will be another new latest and greatest tech... been the same since I;ve been here.

we need this tech because whats going on right now is not good enough..
and we need the ph.d people because research and universities it what drives the world.. you can say now "who needs them" but you needed them to send people to space, didnt you?
could you send people to space without them?
sending people to space = human research
internet came from research
cardano blockchain = research too
you dont know how far it can take you, but making it step by step peer reviewed making it strong for the future

But wait if it is not trustless and decentralised from the start what use is it.

Perhaps it needs its own catergory you see and be kept away from trustless decentralised currencies?

Put it with the other insta ico schemes that can now never be trustless either.

I hope you are not comparing it with other projects that are trustless and decentralised which you claim do not work.

Perhaps distributed is better than 1 project does it all ?

I am not here to argue about the tech.

So bring the argument back to what I really want to focus on.

The initial distribution looks terrible compared to real decentralised trustless cc

So now we have to trust a bunch of a few whales dont control the entire market and will colllude and market make for months year forever.

The team looks like a high school staff, nothing more than this.

And if they are from the university, does it makes it a succesfull project? i think that you have a bad concept about it.

Maybe the owner/founder of ADA is a great genious, but it does not means that this project will be the next bitcoin/btc just like a lot of people are saying right now.

It can increase much more than the actual price.. but there is a lot of hype, and trust me, i doubt that it will rise much more than the actual price.

when they launched the product i found some info about the distribution
i think you can find all the names of the people that bought coins in the ICO, but i am not sure about it
i dont know much about the distribution and i dont have anything to say about it
it may be not fair in someway, i just ignore it because i can find something unfair in every project XD some of them are pure scam and they are still on the top
anyway i made a strong research before investing and it was the project i liked the most - thats why i am so enthusiastic :)
im not arguing too, i just dont get it why you take effort to write about the bad distribution in every ADA post but dont want to hear good sides

i have heard that cardango is making a traction in exchanges i honestly had the opportunity to participate in the ico but i have not i totally regret that.

I like this project a lot and the scientific approach is awesome. Science is what brings us to the next level but I wouldn't be too much impressed about the PhD staff.

For sure, they know a lot about certain things and they are intelligent but that's not a guarantee for success. Satoshi describes Bitcoin in a white paper of 8 sites, with the goal in mind that everyone can understand it, without a PhD degree.
Also todays largest companies in the world were build by people without a PhD degree.

I like research and that's why im all for this project but its not everything. Sometimes too much research just complicates easy things.

With that being said; Go ADA.

Sure but one of the biggest issues is that there is so much new blood and sheer insanity in the space. Tons of purely speculative aspects are really the biggest things that are driving the space right now. Its nice to see that theres some legit research and innovation going on in this sector!

I’m a big fan of Cardano, but don’t think we’ll see more upward movement until it starts to go online; begin staking at the least. In 2018, I would say 1USD may not be so unrealistic.

I don't think is neither undervalued or overvalued. I think Cardano acceptance is walking at the same time than Cardano development. The fact that makes Cardano more trustable is their scientific philosophy plus the roadmap that shows how planned and studied it is being builded. Their value is based 100% on their promising consistency and trust. We need to keep in mind that Cardando is not yet in their final stage.

What I believe is that the innovation applied in the project is good for all the blockchain community and that, with time, the results will talk for itself.

I think Cardano will making it a big soon though their price stable in the market. Also I think cardano were heading to make a huge because of the development will soon to realize. Well I hope for that and Ill observing on this project also.

Is the Cardano platform fully functional? I reckon it is 1 of 2 platforms in the top 10 on Coinmarketcap that is not fully functional right now. Iota is the other one.

Therefore both are overvalued not undervalued.

Yes. Aion is still good for investment. I know AION will reach with high values, their technology is also good. I also like CARDANO because on their roadmap , for me , ADA will boom in the 2018. Because they have some projects will start on 2018.

I like the coin but, the question its , when should buy? it already rise a lot , should wait for some correction?

hard to tell... really
it can have massive correction in BTC price when BTC  has another rally

I don't know much about Cardano but can say that their wallet didn't work on my computer. I need to use another computer to create wallet. And even after creating wallet again didn't work :(
I think they should improve wallet.

I was looking at Cardano lately, and it jumped from $0.18 to $0.52. To be honest, I was banging my hand and kicking myself many times for not investing into Cardano. This coin's price has stabilized on the market, and I honestly think that it would skyrocket it's value to $1 to $2 anytime soon.

Anything in this crypto world is unpredictable when it comes to pricing. I'm thinking of investing to this sooner or later.

Cardano is really undervalued. Thus is due to poor marketing approach of the team behind cardano. A good marketing strategy required to make coin popular and valued.

One of my friend says to me that cardano is the ethereum of Japan. and with its price it is really undervalued.  Maybe this is the reason while there is so much price increase in this token. Maybe its not bad spending a bucks on this token.

I agree. I owned ADA and sold when I thought it max price for now but keeps rising. For pretty much one more year, it will simply be a coin with a wallet, valued at 11 billions.

This is also one of the alternate coins i've been following since IOTA and Ripple where both altcoins are still below 1$ in value but have huge market cap. Cardano on the other hand, looks exactly the same where  it turned out to have a bigger market cap than IOTA as of this writing but still its market value remains below 1$. This is the type of altcoin i really want to invest because it is clearly has a potential to reach 1$ soon and even 10x high or more.

I think Cardano price is not undervalued and not overvalued.
Its the best price for now i hope this will be stable for next month.

Well in my personal analysis of cardano is good coins because it has good developer of team he is Charles hoskinson, be has great experience in the blockchain technology, so he know about building the blockchain technology to be more better in the future. And other reason cardano has good future is big capitalization of marketcap, we know cardano has big capitalization and it is cheap in the price under one dollar.

The blockchain technology will gain more trust and traction from the users and If we talk Cardano especially, it can taste $2 this year. You can convert ADA to BTC (https://coinswitch.co/coins/cardano/cardano-to-bitcoin) from CoinSwitch at best rates.

Cardano has excellent potential as a digital asset. This is one of my favorite crypto in investment. Because it still has a bright future and the price can go back up past the highest price ever achieved. Always optimistic about Cardano

All altcoins are highly undervalued right now...
Nevertheless, it's a risky to invest into altcoins now...
Many of them may not survive this bear market...

Man, where is cardano product?
I don't see it, to my mind Cardano is super undervaluated, but there are risks to completely lose value, because they don't show us something

besides etherum and ripple, altcoins that do have the greatest potential to rise to the moon are this cardano. keep hold and wait for the increase.

Cardano does not attract people because they were able to draw attention to themselves in time. And now they just use their name. In general, Cardano is a strong cryptocurrency but it can not compete with the big giants of the crypto industry like IOS and ETH. These blockchains have their own platforms and great community support. As Cardano does not have any promising applications. Cardano is a currency for speculation and no more.

It is still too early to say that Cardano can't complete with EOS or ETH. The roadmap of ADA is very long and go step by step steadily. So, this is a coin which need a lot of patience

Obviously, Patience is the most important thing to study the Cryptocurrency. We are all plan our goal in previously then we will follow the step by step procedure. So this also follow the same way.
 May be unexpected pump and dump is possible on AdA but roadmap was perfectly arranged in continuous manner.