Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: liberox on April 20, 2019, 09:59:06 PM



Title: What happened with ADA?
Post by: liberox on April 20, 2019, 09:59:06 PM
I`ve tryied to find out on their subreddit, but all I understood is that they are late with the roadmap update..

Can someone explain what exactly happened these days?


Title: Re: What happened with ADA?
Post by: Hamphser on April 20, 2019, 11:41:05 PM
I`ve tryied to find out on their subreddit, but all I understood is that they are late with the roadmap update..

Can someone explain what exactly happened these days?

You mean Cardano (ADA) ?

No one would know on what are the things happening behind that project.Just like on most coins in the market,the price had gone down to the floor
and still no recovery it do shows.


Title: Re: What happened with ADA?
Post by: republicrypto on April 21, 2019, 02:39:16 AM
I`ve tryied to find out on their subreddit, but all I understood is that they are late with the roadmap update..

Can someone explain what exactly happened these days?

well,, cardano price just go down, when bitcoin price rising
thats mean,, a lot of people sell their ADA to buy Bitcoin for now,, and in my opinion that is the main causes why the price of ADA down,,
but, i believe this is only for a while,, i'm sure, ADA will recovery soon
regards


Title: Re: What happened with ADA?
Post by: Ailmand on April 21, 2019, 04:15:13 AM
I thought ADA would ride with the price of Bitcoin. ADA reached an all-time high of $1.32, but just one month later, ADA dropped down to $0.27 and it dropped even lower. They have a lot of plans and good roadmap for 2019 but I don't think that it could recover again. Most Ada holders have switched to other coins which are on top of the list.


Title: Re: What happened with ADA?
Post by: liberox on April 21, 2019, 05:53:00 PM
Clearly, but the choice of wording is really vague and poor and leads to confusion. They need to hire a better communication person.

IOHK Laurie:

"We will be launching an exciting new roadmap which showcases the Cardano 2020 vision after the IOHK Summit, which will be taking place on April 17-18."

Source: https://forum.cardano.org/t/future-of-the-cardano-roadmap/20371

You can spend a whole day trying to interpret the various ways of this sentence.

It makes me uncomfortable to know that they have non native english speakers handle their communication. Even if she is native, she is clearly bad at it.


Title: Re: What happened with ADA?
Post by: jacafbiz on April 22, 2019, 03:45:55 AM
If the only your concern about this project is their roadmap, then ask yourself how many of these projects stick to their road map timeline, none. Just look at Ethereum the most capped Altcoins out there, how many time they have shifted their road map, software development is different from cooking food, and they need to be sure they are not offering a buggy codes for hackers to exploit


Title: Re: What happened with ADA?
Post by: 3x2 on April 22, 2019, 03:47:47 AM
Cardano  has a huge token supply and the team is very suspicious, they came from no where and those who invested in them in early stages are not yet known. people jumped upon the train and they were able to make 10x profit, i remember someone kept a thread about his investment in Cardano  in this forum.


Title: Re: What happened with ADA?
Post by: flash101k on April 22, 2019, 04:26:12 AM
I`ve tryied to find out on their subreddit, but all I understood is that they are late with the roadmap update..

Can someone explain what exactly happened these days?

You mean Cardano (ADA) ?

No one would know on what are the things happening behind that project.Just like on most coins in the market,the price had gone down to the floor
and still no recovery it do shows.
The market is always volatile every day, and ADA prices may rise or fall because this is a speculative market. ADA may drop sharply in the long term but if there is an impact from anyone with a significant investment will make ADA grow strongly. He is sleeping and is waiting for the winter to pass to work again in the spring.


Title: Re: What happened with ADA?
Post by: Cnut237 on April 22, 2019, 06:34:05 AM
I do think ADA/Cardano is a very good project, but it has suffered a lot from hype (other examples of this are Tron and EOS). This means it is even more prone to speculation than other coins. I do think in the long-term that it will do well and prices will recover, but it may take some time.


Title: Re: What happened with ADA?
Post by: sockpuppet1911 on April 22, 2019, 07:21:44 AM
Chart looks normal to me, lot's of rise in a relatively short time and a retrace with the same pace. Actually it looks so healthy that i could get some now.


Title: Re: What happened with ADA?
Post by: kindbtc on April 22, 2019, 10:26:08 AM
Most coins are following a similar pattern we saw xrp also tried to break above but failed and is declining till then i think market will stay like this for a while and afyer btc halving event we will see final hype and bullish momentum in the market that will lead to new all time high levels for all good coins.


Title: Re: What happened with ADA?
Post by: Jating on April 22, 2019, 10:40:04 AM
I`ve tryied to find out on their subreddit, but all I understood is that they are late with the roadmap update..

Can someone explain what exactly happened these days?

Here is their roadmap: https://cardanoroadmap.com/

Doesn't matter if they are late in their roadmap though. For me as long as the developers behind is very active then you don't have to worry about anything. Here is also a good read, Cardano (ADA) Intrigues Users With New Updates To Shelly; Introduces 2020 Roadmap (https://www.cryptonewsz.com/cardano-ada-intrigues-users-with-new-updates-to-shelly-introduces-2020-roadmap/15905/).


Title: Re: What happened with ADA?
Post by: muratsink on April 22, 2019, 10:47:21 AM
I think, the smart contract cardano model was very complicated, and there is no coin mining for ADA. so the ADA chart is growing slowly, but I am sure, after Cardano declared to produce and spread ATM machines throughout Japan, then the ADA value will increase, and this is like what happened at the end of 2017, ADA created Bullish market.


Title: Re: What happened with ADA?
Post by: duyduc256 on April 22, 2019, 11:34:25 AM
I do think ADA/Cardano is a very good project, but it has suffered a lot from hype (other examples of this are Tron and EOS). This means it is even more prone to speculation than other coins. I do think in the long-term that it will do well and prices will recover, but it may take some time.
ADA recently did not have many updates related to their technology, causing many investors to have anxiety in this coin. I think the ADA is going through a very difficult time because the fact that people don't talk much about this coin makes ADA fall. This may be a cumulative period for this coin and there will definitely be a good rally when there is big news. At this point you should also consider investing because the ADA can be a great opportunity to make a profit in the next few years.


Title: Re: What happened with ADA?
Post by: muslol67 on April 22, 2019, 11:37:26 AM
Cardano  has a huge token supply and the team is very suspicious, they came from no where and those who invested in them in early stages are not yet known. people jumped upon the train and they were able to make 10x profit, i remember someone kept a thread about his investment in Cardano  in this forum.


I agree ADA has too many supply. But there is no suspicious for ADA. They are moving so slowly but why do you think that they are suspicious? They have to develop faster and I am sure it will be better place from now.


Title: Re: What happened with ADA?
Post by: Kelvinid on April 22, 2019, 11:49:18 AM
Are we expecting to see ADA rise again? Definitely yes?
I have some ADA stuck in a certain exchange and it is quite too long it have been there. I bought this coins during bullish trend last 2017 but until now still far from the price before. I've never sell it cause I believe that it will show up again but I don't know how long should I'll be keeping this coin.


Title: Re: What happened with ADA?
Post by: Adriano2010 on April 23, 2019, 08:33:45 PM
I think the price goes down because people sell Ada for bitcoin, as ussually this always happen when bitcoin price goes up most of people sell their altcoins for bitcoin.


Title: Re: What happened with ADA?
Post by: wuvdoll on April 24, 2019, 07:24:42 AM
I`ve tryied to find out on their subreddit, but all I understood is that they are late with the roadmap update..
I don't think anyone can tell you the actual thing happening behind the project than the team, so I think what you can do is to message the team to see if they are going to give you a reply, though I believe they should give you one since this is the crypto space and the one thing a company should care about is not the project itself, but the investors of that project, please message them and get back to us on what their reply was for the delay.

I remember ADA was trading around 2200 satoshi by June/July 2018 and then fell down sharply up to 1100 satoshi per one ada. For those steep fall down, I still could not find any valid reason even ada has very active dev team and big community to support them. The only probable reason could be, entire crypto space was falling down hence it also went down.

Similarly right now, bitcoin is on up-surge and to maintain USD value some altcoins are losing their BTC value. This is not the concrete reason you are looking, but must be one of the reason why ADA is falling in recent days.


Title: Re: What happened with ADA?
Post by: eagle10 on April 24, 2019, 09:22:52 AM
I thought ADA would ride with the price of Bitcoin. ADA reached an all-time high of $1.32, but just one month later, ADA dropped down to $0.27 and it dropped even lower. They have a lot of plans and good roadmap for 2019 but I don't think that it could recover again. Most Ada holders have switched to other coins which are on top of the list.
I believe ADA is just waiting for the right time not because the lack of any updates from the team may make it not able to recover again. Come on, ADA has a good team behind it and I don't think people are losing faith with this coin. Many investors I guess are holders of ADA coin. So I think if trading is not as active lately it will, in time, recover just be patient and keep on holding if you believe it will take off in the future.


Title: Re: What happened with ADA?
Post by: n0ne on April 24, 2019, 09:42:09 AM
Cardano seems to be one among the top listed altcoins with unexpected growth taking place suddenly. This gained the attention from most of the cryptocurrency users who have been into trading and for long term holding. They have a good development team and the continued development keeps cardano progress. Over the few months there is no big growth which might Kickstart along with bull run start.


Title: Re: What happened with ADA?
Post by: Mame89 on April 24, 2019, 09:49:52 AM
In accordance with the concept implemented by Cardano (ADA) which uses a democratic government system that allows projects to develop over time, I am sure this coin will re-strengthen in the future so stay confident and keep these coins and wait for the bull market come. :)


Title: Re: What happened with ADA?
Post by: Vektrum on April 27, 2019, 05:42:13 AM
Judging by the GitHub project, the team is actively working and making updates, so I believe that the project is more promising than most of the coins that are its competitors. Moreover, it is worth considering that ADA is on the 10th place in the coinmarketcap rating, so it deserves attention.


Title: Re: What happened with ADA?
Post by: Altero on April 27, 2019, 06:02:41 AM
Judging by the GitHub project, the team is actively working and making updates, so I believe that the project is more promising than most of the coins that are its competitors. Moreover, it is worth considering that ADA is on the 10th place in the coinmarketcap rating, so it deserves attention.
ADA have its potential, competitive coins and have a good market liquidity which I believe that investors will never be abandon this coins even it is not showing good this days. Being one of the top 10 coins in the market, we can't deny how it place a role in crypto and soon it will be back into the race again.


Title: Re: What happened with ADA?
Post by: popolite11 on April 27, 2019, 11:02:59 AM
Judging by the GitHub project, the team is actively working and making updates, so I believe that the project is more promising than most of the coins that are its competitors. Moreover, it is worth considering that ADA is on the 10th place in the coinmarketcap rating, so it deserves attention.
ADA have its potential, competitive coins and have a good market liquidity which I believe that investors will never be abandon this coins even it is not showing good this days. Being one of the top 10 coins in the market, we can't deny how it place a role in crypto and soon it will be back into the race again.

Yes, it has, but it seems very strange that the cryptocurrency which was among the most popular altcoins several months ago, started to lose this popularity. Hope, when bulls come, Cardano will be on the top.


Title: Re: What happened with ADA?
Post by: Milamol on April 27, 2019, 03:08:24 PM
If you look at the chart, you will see that nothing special is happening. Now many altcoins are getting cheaper.
Cardano holds on well. The development continues. They did not suffer even from the November incident.


Title: Re: What happened with ADA?
Post by: raghovsing34 on April 27, 2019, 04:08:19 PM
Chart looks normal to me, lot's of rise in a relatively short time and a retrace with the same pace. Actually it looks so healthy that i could get some now.
Now cardano price is running under 1.5k satohis and I think It's the opportunity for us to grap some more cardano for long term investment. I think so many good things is gonna happen in this year.


Title: Re: What happened with ADA?
Post by: 5ensei on April 27, 2019, 10:25:41 PM
Cardano has released a major update and investors are starting to gain confidence in this project. It is still heavily undervalued so buying now is a good opportunity for long term high gain potential - especially as it caters extremely well for the financial sector


Title: Re: What happened with ADA?
Post by: Rapidgator on April 27, 2019, 10:33:38 PM
I`ve tryied to find out on their subreddit, but all I understood is that they are late with the roadmap update..

Can someone explain what exactly happened these days?

You mean Cardano (ADA) ?

No one would know on what are the things happening behind that project.Just like on most coins in the market,the price had gone down to the floor
and still no recovery it do shows.

But at least we are nearly sure that Cardano hit the real hard ground and with some positvity in the market and ADA project the price should go really up fast.


Title: Re: What happened with ADA?
Post by: Nowherman on April 28, 2019, 02:21:57 AM
In my opinion, the fall of the ADA token to the price of 6 cents creates excellent conditions for its short-term purchase. Most likely, the price of the ADA token will rise in the short term to 10 cents.