Title: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 13, 2021, 06:44:49 PM Hi community,
it is now a month since the long awaited Alonzo fork happened in the Cardano chain. Up to now, it had no noticable impact on the price of ADA. So why is this? Are there too less attractive Cardano smart contract projects? Does the crypto-community have more trust in ETH? Or is it, because of the general tense situation on the crypto market, where BTC was already expected to be on 100,000 USD? What can we expect from Cardano during the following weeks, months? Your opinions and analyses are welcome. :) Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 13, 2021, 08:53:34 PM In my opinion the lack of Cardano projects is the main reason for the weak ADA performance of the last 4 weeks.
Cardax, the Cardano DEX project is the hottest candidate but also not ready. Does anybody know about other Cardano projects, which might be interesting? Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: AtomicProject on October 13, 2021, 09:03:56 PM For me the hottest stuff in Cardano chain are the "native tokens". Tokens, which can be released without needing smart contract will save enormous gas fees, which, in my opinion is the biggest problem of ETH.
Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: samcrypto on October 13, 2021, 09:48:43 PM Haven’t seen a much needed projects under ADA though if you’re looking at the market cap, ADA is already on the top 3 despite of this so technically, the fork contributed to this one but still early to celebrate. I do agree that we need more projects, so ADA can finally take over ETH.
For me the hottest stuff in Cardano chain are the "native tokens". Tokens, which can be released without needing smart contract will save enormous gas fees, which, in my opinion is the biggest problem of ETH. If ADA solve this and offer a better and cheaper services, there’s no doubt that in the future it will be the top altcoins to look for.Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 13, 2021, 10:00:13 PM ...so ADA can finally take over ETH. So you think that Cardano has the potential to take over ETH? More likely than other competitors like Solana or Polkadot? Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: Quidat on October 13, 2021, 10:07:43 PM Hi community, No one could ever tell on what would happen in the future specially on coins that you are expecting to rise up its price because of some fork event or something updates that had been done.it is now a month since the long awaited Alonzo fork happened in the Cardano chain. Up to now, it had no noticable impact on the price of ADA. So why is this? Are there too less attractive Cardano smart contract projects? Does the crypto-community have more trust in ETH? Or is it, because of the general tense situation on the crypto market, where BTC was already expected to be on 100,000 USD? What can we expect from Cardano during the following weeks, months? Your opinions and analyses are welcome. :) Fork event doesnt really always mean that it is really giving out significant rise.It isnt really directly showing off effects but rather it could go for long term.When it comes to demand then its undeniable that ADA is really a good potential coin if you do ask me.It wont be sitting out on top rankings if its a shit project.So its up to yours if you do believe on that. Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 13, 2021, 10:19:39 PM No one could ever tell on what would happen in the future specially on coins that you are expecting to rise up its price because of some fork event or something updates that had been done. Fork event doesnt really always mean that it is really giving out significant rise.It isnt really directly showing off effects but rather it could go for long term.When it comes to demand then its undeniable that ADA is really a good potential coin if you do ask me.It wont be sitting out on top rankings if its a shit project.So its up to yours if you do believe on that. Charles Hoskinson more than once pointed out, that he would prefer slow and steady development including enough time for debugging instead of trial-and-error tactics, which might do a lot of harm. So maybe this is one more reason why the ADA price might not rise as fast as some of us expect. Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: dansus021 on October 14, 2021, 02:31:24 AM in my opinion cardano and their smart contract it gonna be huge right know maybe there first time launch like ethereum or binance smart chain when first launch if the dapp going up maybe cardano will above the expectations beside that cardano still on the top 10 so we just need wait
Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: bussybuddy on October 14, 2021, 03:05:32 AM in my opinion cardano and their smart contract it gonna be huge right know maybe there first time launch like ethereum or binance smart chain when first launch if the dapp going up maybe cardano will above the expectations beside that cardano still on the top 10 so we just need wait This is bound to happen as the huge potential has created a big position for the current ADA. Next time smart contract deployment I think it's a big milestone for ADA, I think this will be the time when the ecosystem is expanding and there will be a lot of developers going there to build.Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 14, 2021, 08:57:48 AM in my opinion cardano and their smart contract it gonna be huge right know maybe there first time launch like ethereum or binance smart chain when first launch if the dapp going up maybe cardano will above the expectations beside that cardano still on the top 10 so we just need wait This is bound to happen as the huge potential has created a big position for the current ADA. Next time smart contract deployment I think it's a big milestone for ADA, I think this will be the time when the ecosystem is expanding and there will be a lot of developers going there to build.I agree. But what could be possible dangers to Cardano in its present status? Do you think they will be able to launch neccessary projects to make ADA the next ETH by the end of 2021 or do we need to wait longer? Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: michellee on October 14, 2021, 10:07:13 AM It did not reach my expectations yet but I am sure that sooner or later, it will reach what I want in the future. The project is still in development, which can make the project bigger than before, so we must be patient and still hold the coin for a while.
The community still trusts ETH and uses ETH as their investment or way to trade because ETH is still strong enough to give what they want. But I admitted that maybe this is because the bitcoin price is not increasing so high, so it seems that many altcoins are stagnant and not moving to the higher price. But soon after the bitcoin price starts to rally, the altcoin will have its time to increase. Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 14, 2021, 07:12:37 PM It did not reach my expectations yet but I am sure that sooner or later, it will reach what I want in the future. The project is still in development, which can make the project bigger than before, so we must be patient and still hold the coin for a while. The community still trusts ETH and uses ETH as their investment or way to trade because ETH is still strong enough to give what they want. But I admitted that maybe this is because the bitcoin price is not increasing so high, so it seems that many altcoins are stagnant and not moving to the higher price. But soon after the bitcoin price starts to rally, the altcoin will have its time to increase. Interesting thing is, that ETH soared 7% today. Although the price has kept in a range between 3,400 and 3,600 USD for quite a time. I think Vitalik is doing some strategic price development again. ;) Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: stomachgrowls on October 14, 2021, 07:24:58 PM It did not reach my expectations yet but I am sure that sooner or later, it will reach what I want in the future. The project is still in development, which can make the project bigger than before, so we must be patient and still hold the coin for a while. When it comes to demand then theres no denial that ETH does have really have more than compared on other blockchains or projects out there but doesnt mean that they are totally shit.The community still trusts ETH and uses ETH as their investment or way to trade because ETH is still strong enough to give what they want. But I admitted that maybe this is because the bitcoin price is not increasing so high, so it seems that many altcoins are stagnant and not moving to the higher price. But soon after the bitcoin price starts to rally, the altcoin will have its time to increase. Just like on what been said by others that not all Forks would really be having significant impact or price and most likely the effects can be seen on long term. Charles Hoskinson more than once pointed out, that he would prefer slow and steady development including enough time for debugging instead of trial-and-error tactics, which might do a lot of harm. So maybe this is one more reason why the ADA price might not rise as fast as some of us expect. recognition and demand whether that current update was spectacular or something useful. Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 14, 2021, 07:33:24 PM When it comes to demand then theres no denial that ETH does have really have more than compared on other blockchains or projects out there but doesnt mean that they are totally shit. Just like on what been said by others that not all Forks would really be having significant impact or price and most likely the effects can be seen on long term. Yeah, but I don't think that the market will tolerate the crazy GAS fees this demand is causing in the ETH chain. Vitalik promised a lot for London fork, as said before, but I don't see any impact on the fees. So how long until the market will look for alternatives? Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 14, 2021, 08:22:50 PM By the way, what do you think about the Cardax DEX project? (https://cardax.io/ (https://cardax.io/))
Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: michellee on October 15, 2021, 03:01:00 AM It did not reach my expectations yet but I am sure that sooner or later, it will reach what I want in the future. The project is still in development, which can make the project bigger than before, so we must be patient and still hold the coin for a while. The community still trusts ETH and uses ETH as their investment or way to trade because ETH is still strong enough to give what they want. But I admitted that maybe this is because the bitcoin price is not increasing so high, so it seems that many altcoins are stagnant and not moving to the higher price. But soon after the bitcoin price starts to rally, the altcoin will have its time to increase. Interesting thing is, that ETH soared 7% today. Although the price has kept in a range between 3,400 and 3,600 USD for quite a time. I think Vitalik is doing some strategic price development again. ;) It did not reach my expectations yet but I am sure that sooner or later, it will reach what I want in the future. The project is still in development, which can make the project bigger than before, so we must be patient and still hold the coin for a while. When it comes to demand then theres no denial that ETH does have really have more than compared on other blockchains or projects out there but doesnt mean that they are totally shit.The community still trusts ETH and uses ETH as their investment or way to trade because ETH is still strong enough to give what they want. But I admitted that maybe this is because the bitcoin price is not increasing so high, so it seems that many altcoins are stagnant and not moving to the higher price. But soon after the bitcoin price starts to rally, the altcoin will have its time to increase. Just like on what been said by others that not all Forks would really be having significant impact or price and most likely the effects can be seen on long term. But it is still too soon to compare Cardano with Ethereum which already has popularity among the other altcoins. Cardano needs more time to develop their project and reaches every plan on their project. Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: Ararbermas on October 15, 2021, 05:44:28 AM ADA fell and stayed at the support level for days while bitcoin and ethereum rose up after the massive correction in the market , on that time i know a lot of investors lose confidence because instead of making a hype because of fork it plunges, for me until now it's still unpredictable if it can reach the predicted value, because it seems following the trend of the market wherein there's no specific indicators that can tell if it will gonna continue to climb once market suddenly turn into red again..
Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 15, 2021, 08:20:43 AM ADA fell and stayed at the support level for days while bitcoin and ethereum rose up after the massive correction in the market , on that time i know a lot of investors lose confidence because instead of making a hype because of fork it plunges, for me until now it's still unpredictable if it can reach the predicted value, because it seems following the trend of the market wherein there's no specific indicators that can tell if it will gonna continue to climb once market suddenly turn into red again.. So HODLING is the advice? Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: hd49728 on October 15, 2021, 12:40:44 PM it is now a month since the long awaited Alonzo fork happened in the Cardano chain. Buy the rumor, sell the news. When you see rumor and can verify it with development history or recent activities in development of a project, you can believe in the rumor and do accumulation.Up to now, it had no noticable impact on the price of ADA. So why is this? When the news is out, it is time to sell. If it is a news about an event on 15 October and price moves up to much one or two weeks before 15 October, you can sell and take profit. If price moves up like that before events, I am sure it won't rise more on and after the event date. Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: terciduk123 on October 15, 2021, 01:05:10 PM After the Hard Fork Cardano, the price has not shown a big increase, but I still believe there will be an increase in the price of Cardano in the future when more tokens are built using the Cardano network.
If later Cardano-based tokens get a positive response on the market and provide benefits to investors like Solana-based tokens. Then there will be a significant price increase on Cardano. What Cardano needs right now is more backing from a funding or venture capital firm. Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: Ten98 on October 15, 2021, 01:07:50 PM So you think that Cardano has the potential to take over ETH? More likely than other competitors like Solana or Polkadot? Cardano, Solana, and Polkadot will not be able to take over ETH in the near future even though all three of them already have their own Blockchain in cryptocurrency, because ETH is neither a strange coin nor a coin that has no selling value in cryptocurrency, so this is very competitive competition hard for the three of them.Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 15, 2021, 08:28:23 PM Buy the rumor, sell the news. When you see rumor and can verify it with development history or recent activities in development of a project, you can believe in the rumor and do accumulation. When the news is out, it is time to sell. If it is a news about an event on 15 October and price moves up to much one or two weeks before 15 October, you can sell and take profit. If price moves up like that before events, I am sure it won't rise more on and after the event date. So the main point is: What's the primary value of Cardano, which defines its price? Technological lead or just speculation? I am fan of thinking it is technological lead, because when Cardano solves the main issues Ethereum suffers from and constitutes a next development level of blockchain, it may well get a lot of natural demand. And then rumors won't be neccessary to push its price. Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 15, 2021, 08:31:55 PM So you think that Cardano has the potential to take over ETH? More likely than other competitors like Solana or Polkadot? Cardano, Solana, and Polkadot will not be able to take over ETH in the near future even though all three of them already have their own Blockchain in cryptocurrency, because ETH is neither a strange coin nor a coin that has no selling value in cryptocurrency, so this is very competitive competition hard for the three of them.If Ethereum doesn't solve its GAS fee issue, it might well become a stumbling block for it. Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: dansus021 on October 16, 2021, 04:55:53 AM If Ethereum doesn't solve its GAS fee issue, it might well become a stumbling block for it. yes it is but ethereum itself right know developing eth 2.0 with the PoS system like all 3 coin mention above maybe ETH will have second chance and not going to down below 3 in top position marketplace Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 16, 2021, 08:09:01 AM Charles Hoskinson said, that Afrika will be a major market for Cardano Tokens and Smart Contracts, because it is cheap and fast. And therefore he will have a meeting with start-ups troughout Africa to discuss the possibilities of using Cardano in their business.
Hoskinson meant, that Africa needs a safe and strong financial system and fairness, which is guaranteed by smart contracts. ADA is in the red for a few weeks now, so I expect the African meetings results of Hoskinson to initiate a new rise in price. In the meanwhile I'll keep bravely staking my ADA. :) Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: pieppiep on October 16, 2021, 08:42:45 AM Charles Hoskinson said, that Afrika will be a major market for Cardano Tokens and Smart Contracts, because it is cheap and fast. And therefore he will have a meeting with start-ups troughout Africa to discuss the possibilities of using Cardano in their business. I hope that can happen for ADA. After the upgrade, ADA is still too far from my expectations because I guess the price can be more than $10 in a short time. But it seems, in this situation, ADA needs to wait and see because bitcoin already breaks $62k, which can be a good time for the altcoin such as ADA to follow increase. The price is still undervalued for ADA so we can buy more and I think staking ADA can help us earn more rewards in ADA. But is there any minimum amount to stake ADA? I am interested in trying and I already download Yoroi wallet as I read in an article, Yoroi wallet support for staking ADA.Hoskinson meant, that Africa needs a safe and strong financial system and fairness, which is guaranteed by smart contracts. ADA is in the red for a few weeks now, so I expect the African meetings results of Hoskinson to initiate a new rise in price. In the meanwhile I'll keep bravely staking my ADA. :) Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 16, 2021, 09:06:17 AM Charles Hoskinson said, that Afrika will be a major market for Cardano Tokens and Smart Contracts, because it is cheap and fast. And therefore he will have a meeting with start-ups troughout Africa to discuss the possibilities of using Cardano in their business. I hope that can happen for ADA. After the upgrade, ADA is still too far from my expectations because I guess the price can be more than $10 in a short time. But it seems, in this situation, ADA needs to wait and see because bitcoin already breaks $62k, which can be a good time for the altcoin such as ADA to follow increase. The price is still undervalued for ADA so we can buy more and I think staking ADA can help us earn more rewards in ADA. But is there any minimum amount to stake ADA? I am interested in trying and I already download Yoroi wallet as I read in an article, Yoroi wallet support for staking ADA.Hoskinson meant, that Africa needs a safe and strong financial system and fairness, which is guaranteed by smart contracts. ADA is in the red for a few weeks now, so I expect the African meetings results of Hoskinson to initiate a new rise in price. In the meanwhile I'll keep bravely staking my ADA. :) No, I think there is no minimum amount, as I started staking with around 100 ADA, but your reward will be ridiculous. When you start staking, you need to wait 3 weeks until your stake is mature, then you will start earning rewards. It also depends on choosing the right staking pool, as some pools charge extra fees, some don't but have less performance and some are "overmature". Here you have got an overview about the available staking pools: https://cardanoscan.io/pools (https://cardanoscan.io/pools) Of course, you can also set up your own staking/staking pool, but you will need the neccessary technological experience and a lot of ADA (1m and up) for having a chance to compete. You can also search the internet for HowTos on Cardano staking. That's how I learned, what to do for successful staking. In any case, the Yoroi wallet is the first choice for staking, because it has a built in staking pool overview, where you can easily delegate your ADA for staking and it is easy to handle and fast. Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: stomachgrowls on October 16, 2021, 10:54:03 AM When it comes to demand then theres no denial that ETH does have really have more than compared on other blockchains or projects out there but doesnt mean that they are totally shit. Just like on what been said by others that not all Forks would really be having significant impact or price and most likely the effects can be seen on long term. Yeah, but I don't think that the market will tolerate the crazy GAS fees this demand is causing in the ETH chain. Vitalik promised a lot for London fork, as said before, but I don't see any impact on the fees. So how long until the market will look for alternatives? coins/tokens.Some of them solve out that problem or havent still seen the effects due to lack of recognition because the common problem do happens when there is much too volume that do happen in the network which it cant really be handled out.We've seen several coins that do its job done well but still not really as great with those top coins in the market. Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: tarable on October 16, 2021, 11:08:35 AM If Ethereum doesn't solve its GAS fee issue, it might well become a stumbling block for it. What kind of stumbling block ? try to tell me more fully because what you see now is that Ethereum is still experiencing an unstoppable price increase, so that expensive fees don't seem to have any effect on Ethereum.Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: sana54210 on October 16, 2021, 08:33:27 PM For sure there are lots of projects/blockchain owners would definitely trying out to solve out these problems specially on high gas fees and thats why we do see forks or updates that do happen on certain I believe that if you are really trying to build a project based on ADA blockchain then you are not going to be making any type of profit at all for now, however you are going to make that profit in the future. Let's get real for a second here and say the truth that ADA is not doing something that would be amazing in the short run, the fork didn't work as perfectly as we hoped for and the projects are still waiting for some fixing or they are doing loopholes and all that.coins/tokens.Some of them solve out that problem or havent still seen the effects due to lack of recognition because the common problem do happens when there is much too volume that do happen in the network which it cant really be handled out.We've seen several coins that do its job done well but still not really as great with those top coins in the market. However, it is obvious that ADA is on the right path and I believe that they have development team that is better than most other projects and this is why I believe that they will be doing better, and getting in now means that you will be profiting a lot more in the future when things are better. Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: inanilujimi on October 17, 2021, 01:51:44 AM Sometimes expectations don't match reality, Obviously it's not as hype before cardano had smart contracts than it is now which has smart contracts. I personally have never known a booming project on the surface running on the cardano blockchain. therefore it seems like the devs prefer the smart contracts on Binance which have been mass adopted over cardano which makes it seem like it's running in place.
Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: pieppiep on October 17, 2021, 04:05:26 AM Charles Hoskinson said, that Afrika will be a major market for Cardano Tokens and Smart Contracts, because it is cheap and fast. And therefore he will have a meeting with start-ups troughout Africa to discuss the possibilities of using Cardano in their business. I hope that can happen for ADA. After the upgrade, ADA is still too far from my expectations because I guess the price can be more than $10 in a short time. But it seems, in this situation, ADA needs to wait and see because bitcoin already breaks $62k, which can be a good time for the altcoin such as ADA to follow increase. The price is still undervalued for ADA so we can buy more and I think staking ADA can help us earn more rewards in ADA. But is there any minimum amount to stake ADA? I am interested in trying and I already download Yoroi wallet as I read in an article, Yoroi wallet support for staking ADA.Hoskinson meant, that Africa needs a safe and strong financial system and fairness, which is guaranteed by smart contracts. ADA is in the red for a few weeks now, so I expect the African meetings results of Hoskinson to initiate a new rise in price. In the meanwhile I'll keep bravely staking my ADA. :) No, I think there is no minimum amount, as I started staking with around 100 ADA, but your reward will be ridiculous. When you start staking, you need to wait 3 weeks until your stake is mature, then you will start earning rewards. It also depends on choosing the right staking pool, as some pools charge extra fees, some don't but have less performance and some are "overmature". Here you have got an overview about the available staking pools: https://cardanoscan.io/pools (https://cardanoscan.io/pools) Of course, you can also set up your own staking/staking pool, but you will need the neccessary technological experience and a lot of ADA (1m and up) for having a chance to compete. You can also search the internet for HowTos on Cardano staking. That's how I learned, what to do for successful staking. In any case, the Yoroi wallet is the first choice for staking, because it has a built in staking pool overview, where you can easily delegate your ADA for staking and it is easy to handle and fast. I tried to search from the internet about the pool staking and I have been suggested to use ADAOZ and ADAPool. But I am not yet select one of them because I need to find out more details. But I think ADAPool. Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: zaim7413 on October 17, 2021, 05:09:16 AM Sometimes expectations don't match reality, Obviously it's not as hype before cardano had smart contracts than it is now which has smart contracts. I personally have never known a booming project on the surface running on the cardano blockchain. therefore it seems like the devs prefer the smart contracts on Binance which have been mass adopted over cardano which makes it seem like it's running in place. The project developers also looked at things very carefully so that they would not randomly choose smart contracts to place in their new tokens, and in general BSC is better known and also preferred because the network was born from Binance which is also very popular in the cryptocurrency space.Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: yhiaali3 on October 17, 2021, 09:08:07 AM Or is it, because of the general tense situation on the crypto market, where BTC was already expected to be on 100,000 USD? What can we expect from Cardano during the following weeks, months? Your opinions and analyses are welcome. :) I think that this is the main reason, the general situation in the market is unstable so far due to the instability of Bitcoin, the Dominance ratio of Bitcoin on the market is 46% and Ethereum is 18%, this is equivalent to 64% of the market value, which gives a very weak chance for the movement of Altcoin, we have to wait a bit until The Dominance ratio of Bitcoin and Ethereum will fall, and then we will see a very big price jump for Altcoin, and I think Cardano will have a large share of this rise, and I expect its price to soar higher. Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 17, 2021, 10:43:33 AM Charles Hoskinson said, that Afrika will be a major market for Cardano Tokens and Smart Contracts, because it is cheap and fast. And therefore he will have a meeting with start-ups troughout Africa to discuss the possibilities of using Cardano in their business. I hope that can happen for ADA. After the upgrade, ADA is still too far from my expectations because I guess the price can be more than $10 in a short time. But it seems, in this situation, ADA needs to wait and see because bitcoin already breaks $62k, which can be a good time for the altcoin such as ADA to follow increase. The price is still undervalued for ADA so we can buy more and I think staking ADA can help us earn more rewards in ADA. But is there any minimum amount to stake ADA? I am interested in trying and I already download Yoroi wallet as I read in an article, Yoroi wallet support for staking ADA.Hoskinson meant, that Africa needs a safe and strong financial system and fairness, which is guaranteed by smart contracts. ADA is in the red for a few weeks now, so I expect the African meetings results of Hoskinson to initiate a new rise in price. In the meanwhile I'll keep bravely staking my ADA. :) No, I think there is no minimum amount, as I started staking with around 100 ADA, but your reward will be ridiculous. When you start staking, you need to wait 3 weeks until your stake is mature, then you will start earning rewards. It also depends on choosing the right staking pool, as some pools charge extra fees, some don't but have less performance and some are "overmature". Here you have got an overview about the available staking pools: https://cardanoscan.io/pools (https://cardanoscan.io/pools) Of course, you can also set up your own staking/staking pool, but you will need the neccessary technological experience and a lot of ADA (1m and up) for having a chance to compete. You can also search the internet for HowTos on Cardano staking. That's how I learned, what to do for successful staking. In any case, the Yoroi wallet is the first choice for staking, because it has a built in staking pool overview, where you can easily delegate your ADA for staking and it is easy to handle and fast. I tried to search from the internet about the pool staking and I have been suggested to use ADAOZ and ADAPool. But I am not yet select one of them because I need to find out more details. But I think ADAPool. No, you don't need to wait a second time, when changing the pool. It is just for the first time to make your stake address a valid stake address. I have delegated to this pool at the moment as it is low in fees and has a good performance so far: https://www.wastaking.xyz/ (https://www.wastaking.xyz/) There are a few parameters you need to regard when you decide for a pool:
Here you can see an example for above explained pool parameters: https://adapools.org/pool/1b268f4cba3faa7e36d8a0cc4adca2096fb856119412ee7330f692b5 (https://adapools.org/pool/1b268f4cba3faa7e36d8a0cc4adca2096fb856119412ee7330f692b5) If you have got any other questions, just ask. :) Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: Ozero on October 17, 2021, 11:22:58 AM in my opinion cardano and their smart contract it gonna be huge right know maybe there first time launch like ethereum or binance smart chain when first launch if the dapp going up maybe cardano will above the expectations beside that cardano still on the top 10 so we just need wait In any case, you need to wait until the ethereum network is also updated. After all, high hopes were pinned on ethereum due to its unprecedented update. However, so far, we also do not particularly observe the growth in the price of this coin. Of course, users are still unhappy with high transactions and this fact overshadows her other achievements with the update, which has been going on for about a year. Only after a complete update of ethereum will it be possible to compare all these altcoins in the top ten of CoinMarketCap.Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 17, 2021, 08:43:24 PM By the way, have you all looked at the present top Caradano smart contract projects?
I found a brief overview about the most interesting projects (realized ones and also projects currently in development): https://cardanofeed.com/top-projects-on-cardano-smart-contracts-on-the-verge-to-boom-in-the-market-9360.html (https://cardanofeed.com/top-projects-on-cardano-smart-contracts-on-the-verge-to-boom-in-the-market-9360.html) I, for my part, like the already working NFT-marketplace CNFT (https://cnft.io/). Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 19, 2021, 10:20:43 AM So you think that Cardano has the potential to take over ETH? More likely than other competitors like Solana or Polkadot? Cardano, Solana, and Polkadot will not be able to take over ETH in the near future even though all three of them already have their own Blockchain in cryptocurrency, because ETH is neither a strange coin nor a coin that has no selling value in cryptocurrency, so this is very competitive competition hard for the three of them.Although currently Cardano has become an alternative as long as Ethereum is experiencing a very expensive increase in transaction fees, but Cardano will never be able to take over ETH in the near future even though the project will continue to be developed, because so far ETH has gained high popularity and very strong fundamentals among other altcoins. But Cardano is slowly closing up and issuing more and more projects (like I wrote above). If people already switch to BNB (see the current BNB price increase) because of the insane ETH transaction fees, I believe they would also like to switch to other alternatives, if ETH does not something fast about its fees. Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: Webetcoins on October 19, 2021, 09:58:18 PM People imagine that every single update will be something that would be profitable for the coins we buy, it is not always there to make profit, it is there to make it better but just being better doesn't mean that it will be higher price neither. I honestly do believe that SOL has one of the best blockchains in the world, it is honestly amazing, is it the first coin in the ranking? It is obviously not and it will never be first if you ask me as well. Which is a proof that better blockchain doesn't equal to being better overall neither.
This is why we should not be expecting ADA to grow because of Alonzo fork neither, it is better for sure, could be even better because it was not as good as expected, but it is also not a reason to be high suddenly neither. Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 19, 2021, 10:29:50 PM People imagine that every single update will be something that would be profitable for the coins we buy, it is not always there to make profit, it is there to make it better but just being better doesn't mean that it will be higher price neither. I honestly do believe that SOL has one of the best blockchains in the world, it is honestly amazing, is it the first coin in the ranking? It is obviously not and it will never be first if you ask me as well. Which is a proof that better blockchain doesn't equal to being better overall neither. This is why we should not be expecting ADA to grow because of Alonzo fork neither, it is better for sure, could be even better because it was not as good as expected, but it is also not a reason to be high suddenly neither. So, for example, the current ETH price is not based on its technology? And BNB is also soaring. Is this just manipulation from big whales and Binance? Title: Re: A month now since Cardano Alonzo Fork - did it meet your expectations? Post by: PUTinCoinProject on October 20, 2021, 09:48:11 PM ADA is getting green again!! ;D
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