Bitcoin Forum

ADA was the good potential coin,many people had their investment in this coin.When the price of bitcoin was crossed the value of 64.4K dollars.ADA price during the September 2021, had gave 150% of profit.The ADA was called as the new comers coin,new traders got huge profit from it.It’s my opinion towards ADA.Buying of ADA is based on your wish after the huge investigation about the coin.

Currently many projects are incorporated in the ADA network system and while Defi and NFT are growing rapidly in Crypto so the ADA network is one of the platforms that provides a good space, however the price on ADA has peaked last year and now the price has fallen so deep that if we want to buy coins maybe now is the right time because the price has fallen quite deep. And speaking of Ethereum-like potential, it looks like ADA isn't ready to compete with Ethereum yet.

ADA is still doing good, and from all coins they have the best base and most paperwork. It's true they are slow but I'm sure it will deliver in near future.

Well, ADA is one of the top 10 coins in the market which simply means that people/investors have seen the value and potential of ADA in the market. However, even having that kind of futuristic market view and demand never means that it can defeat ETH in the long run as the fact that Ethereum will still be at the top of all altcoins.

I have them both and certainly be holding them long-term because of their potential. I'd never see there is competition among them as they have different market use and role in the crypto market.

Many expect a lot of good things from ADA but seriously, it looks like ADA is failing because of so many set backs and this is not the first time to say that ADA might be a potential project to replace ETH but the result is really different. I still see a good project with ADA but if there’s a delay and no big updates, ADA can’t compete with ETH and other projects.

Honestly at this point and what we can see right now on https://coinmarketcap.com/ that ADA has been successfully followed by the Solana coin, is this a sign that SOL is better and in high demand than the ADA coin?

It’s true,both from the different platform.It was unique among this coins.ADA will be the best competitive one to the Ethereum.The price of ADA had reached the value of 2.9$ as compared to that price.Even now it’s best chance to inverse in ADA.But only one who hold for the longer period will earn huge profit from the ADA then short period holders.

The ADA is a really popular cryptocurrency. It attracted great interest from investors. But their biggest problem is that they are too passive in their updates. So, because they move very slowly, it stays in the background a bit. But if they accelerate their development, they will become absolutely indispensable in the marginal cryptocurrencies in the crypto money market. But if they continue like this, it is difficult to say for sure what will happen to the ada in the future.

I also believe that ADA is one of the alts that is good to hold for long-term. They hit the $3 ATH and now they are at 95 cents. And seems that their development is pushing thru. If we will see more projects utilizing the ADA network, we may see their new ATH. But don't expect that we will see it in the next couple of months. So if you have money to spare for long-term, I guess, ADA is one of the alts worth investing.

ADA was good but not for the result from its development. This new platform but again the utility was less compared with another coin like ethereum, it's not only ADA but any crypto have the same chance to growth the same like ethereum. It seems like that if you are missing something from there. ADA can be catagorized as major coin and investing in the major coin will give us small magin profit compared when you are invest in another coin. The true story is if ADA is also having so many gimmick. i see that some people were also saying about this on CMC chat,

The ADA developers had looked into the digital marketing.So it take sometimes for the pump again.But the ADA was survived in the market by the potential and only with the people trust.Most of the people was benefited when the price had increased to the ATH of 2.9$.So now the price is 95 cents,holding is essential one for the higher profit.

I had the thought of using its competitors as a competitive target, but more and more I realize that it is just a narrow mindset because their development potential is always independent. There is no need to impose an issue between cryptocurrencies, as today the top coins all have a way of operating, creating an ecosystem that suits their direction. As for ADA so far, I still think it's at a potential level when we can easily see how popular they are in this space. Some of its ecological problems remain too simple to compare with leading platforms like ETH, BNB, DOT, AVA, etc. I myself am a long-term holder of this coin, I was also very happy when I was able to sell it and get a bit of a premium when the market bulls in 2021, but looking to the future, I'm also very optimistic about the future of ADA.

ADA is an altcoin that I really like but ADA is really disappointing with its delay. ADA was once considered the biggest competitor of ETH but now ADA is even being left behind the newer coins SOL or TERRA. If the ADA team continues to delay, without regular updates, I believe ADA will soon lose the top 10 on CMC to make room for other potential altcoins.

Any smartcontract platforms have the same potential like ethereum. ADA had same potential along with whole of smartcontract platforms in the market but the only thing that makes it different whether any other smartcontract platforms. Im sure that it's not only ADA but SOLANA and AVALANCHE have the same potential like ethereum. Which one from them that potentially to compete with ethereum and BNB

It is already the 8th biggest coin on CMC. I don't think it will get any bigger than ETH but it definitely has the potential to do another 2 or 3x from here. ETH has a big marketing guy, Vitalik. I don't see ADA having that kind of major shill which is pretty important in this space. Good product/project can take you only this far. You need a decent marketing team/shill for the rest and ADA don't have it. Maybe they should employ Roger Ver who used to be major Bitcoin shill but started his own business later on. (BCH) Maybe RV can make ADA great again.

Cardano has been working very slowly since they are there for a very long time already but we can say that they are delivering.

All Smart Contract coins like ADA, SOL, MATIC etc. have potential and with the problems happening with Ethereum right now, many projects are opting to be created under different blockchains rather than in Ethereum Blockchain. The high gas fees and just now the delay of the Ethereum 2.0 again is what the project is facing right now and this might affect Ethereum's price in the short to mid term.

I'm holding ADA right now. Though the development of the project is very slow compare to others, I still believe that this project has a long way to go.

I don't deny its potential, but the inclusion of competitors as a target makes me feel like it will never achieve what ETH has.
We all know the potential of ADA so far, but honestly, after many years of companionship, in addition to the price benefits, what I and many people expect from a diverse ecosystem has not been achieved.

when it comes to profit, ADA still loses to solana. last year SOL rose very high beyond everyone's expectations. and i think solana has the same potential as ethereum. ADA may be great, but SOL is on a different level, and the potential is very real. so I doubt in future ADA can be like ethereum.

Well, I'm not. ADA has been in the market for so long, unlike this SOL. Thus, have even to prove the potentiality of SOL? Might there is but it doesn't matter which one is great and which ones are not, what really matters is that ADA has been growing and still have the fortune.

Well, I have the choice already, I take ADA and you can take SOL as well. We can't conclude for now which one will stay longer and remain healthy and of course, have the demand. We can actually see what gonna happen many years from now as a project that has strong fundamentals will survive.

Maybe ADA will be like ethereum in the future but the question is, how long will it take for ADA to be like ethereum?
Unfortunately, no one knows but looking at the projects that are still ongoing and seem to want to achieve every target they have set, ADA does have the potential to improve.
But increasing here doesn't mean it will be like ethereum, but if it increases like ethereum, it will be something to please investors.
But ADA still takes time to improve like other coins and we will have to wait some more.

Yes, I personally still see ADA as having good potential.  That has proven its impressive growth over time but their words are not yet convincing, the promises delayed, the congested Dapp that comes with it are some justifications for the time.  ADA could theoretically surpass ETH but the reality will need them to be more responsive.
Anyway, ADA is also a good coin to pursue profit, consider buying.

I have been and still invested in ADA for a long time, but I think that it is starting to die. With the days, we have not seen anything new in this currency. I also think that it has turned into a model that makes developers rich.

start from earning using stacking, more addresses generate more coins and more ada demand need to increase or price will go down with time

In general, if there is no real development in the coming months, then I withdraw most of my investment in it.

ADA is already aged for me, on the early days, people were always telling me that ADA is the Ethereum killer even ADA before got still had no smart contracts compared to Ethereum.
If you take a look at Ethereum, it's really far. And another thing, if ever I will choose ADA, I instead go for other layer-1 chains with much new,  there are already a lot of new protocols now that are much better with ADA and already have a lot of projects involved.

What if Cardano officially collaborated with Elon Musk?

Introduction:

A few days ago on Twitter there was quite a buzz about how Elon Musk plans to acquire Twitter shares and he opened a price of around $40 billion. He made this offer just before Thursday's interview at the TED conference in Vancouver, British Columbia. This offer is final, the reason he wants to buy Twitter stock is because he thinks:
https://www.nytimes.com/2022/04/15/business/twitter-poison-pill-elon-musk.html

Based on the description above, related to Cardano, this is certainly supported by the tweet of the founder of Cardano, Charles Hoskinson. Where on April 15 yesterday he said that if Elon Musk offer was rejected by Twitter, he would create decentralized social media with Elon Musk.

https://i.ibb.co/wzxCZnW/image.png

Meaning if that's the case, then do you think investing in Cardano is a good choice? Although I do not deny that the potential investment is value resilience without price manipulation. So I'm asking what do you think about this?

Yes. For now ADA has become an additional investment option for my portfolio and it is also a good investment, but if confused about what crypto to buy, just buy a good fundamental crypto that is still cheap in terms of market cap and technically still sideways below , the problem is that when the price goes up, no one can know for sure depending on the whale, so there are things like Ethereum that need a process like that.

Yes ADA has a potential to become Ethereum in terms of slow development but with same marketcap? Hell no, They are very slow in there progress which is not healthy on blockchain competition. Blockchain project like Near, Solana, Matic and BSC are there rival with a huge number of Dapps already running and in position while ADA still has no useful dapps. ADA price is just a product of a hype due to therehuge funds for marketing. This project is good for nothing, No hate but there’s a lot of Blockchain project that’s better on this that deserves ADA spotlight.

Why not? Cardano also supports smart contract and continue to build to support growing ecosystem its one of the tough competitor of eth for now, it only needs mass adoption like Eth where most projects like defi and nft are created, more developers must use Cardano inorder for them to become as popular as eth, in terms of price potential I think ADA is a good investment to hodl for years like ETH, BTC if you see it price history ADA price increase exponentially from its ICO price $0.002. 

https://dappradar.com/rankings/protocol/ethereum   VS   https://cardanocrowd.com/dapps  :)
I don't see yet that CARDANO is a serious competitor for ethereum, but if it's not difficult for you, then name the decentralized exchange that you use and the wallet that is compatible with the ledger or Trezor.

ADA is still in good development and it continues to progress positively, the interest or trust of many people in the ADA coin makes its price soar even more, but if it is to compete with Ethereum I think it will not be easy and it will take a very long time.

ADA is also one of the best cryptocurrencies on the market. We should make ADA a part of our portfolio to reduce the risk of potential but less noticeable coins. Either way, ADA is one of the best cryptocurrencies on the market. We should make ADA a part of our portfolio to reduce the risk of potential but less noticeable coins. However, the current ecosystem has not yet met users' expectations, so we can only hope for future development.

I have heard this statement repeatedly, but recent times ADA hasn't really live up to the expectation that people have for it. The setbacks have been a serious concern, but anyway, they are still hanging there, among the top 10 and I think maybe time will be the determining factor, so let's not jump into hasty conclusion.

I agree that their "potential" is great and could be a big thing in the future but are we going to invest today for their future potential? I mean should we even do that? I personally feel like it is not going to be that easy and we should be calculating if they could fill that potential or not. I am not saying that they can't, but at the very least they may not be able to do something like that too easily.

This is why I feel like ADA is not something that could take up too much of my portfolio, because I do not believe they could reach their maximum potential. I get that you could have as high as 5% of your portfolio in ADA at max, but above that is not acceptable for me, but this is just me.

ADA is one of the biggest crypto projects out there and this becomes pretty obvious just looking at the market cap. Currently Cardano is the 8th biggest project with a marketcap of more than 30 Billion USD. I don't follow the developments around Cardano to closely because i don't own any ADA myself but of course i also noticed that the price per ADA almost reached 3 dollars a few months ago once the timeline for the adding of the smart contract functionality became public. Now that this all happened it seems like the big hype around Cardano is over for now. Maybe the current price of below 1 dollar per ADA might also be a good entry point.

The chance for this coin is still pretty good, if you are eyeing for long-term investment the current value is below $1 and the last ATH is more than $3 once the market start to pump back this coin is one of those potential project that investors will add to their wallet. Accumulating decent numbers of coins while you still have a chance of picking those cheap coins around the market.

Best to conduct your deeper research and follow the development of this coin if you are going to invest.

I really think that Charles Hoskinson would have buid decentralized twitter already if he had figured out how. Because i can see ton of reasons for it to be centralized. Posting something and not be able to removing it could be very damaging in wrong hands.

We can say yes to a certain extent but unfortunately Solana and Avalanche are dominating this segment together with Ethereum and not to mention Polygon, Fantom and Cronos that can grow even more. However, for ADA to resume high levels of the market, it will have to deliver significant new results to attract the market again. At the moment I don't see the possibility of ADA taking over the market and having big increases but everything is possible with a good investment of Whales.

I wouldn't dare go invest on ADA anymore, I have waited for almost 4 years and all I got was a 30 percent lost. I did not know what to do with it anymore so I have converted it to Bitcoin rather than any other coins. Good thing I was able to get a 70 percent of my initial buy. If it was as they say, potentially in comparable with eth, how come it isn't worth the price like it should be. Well it is thousands of dollars worth each while ADA is lurking around a dollar and hardly moving on.

I agree that others are growing stronger, I mean I do not know what cronos and fantom is doing right now. However, polygon, avax, sol all of them look like they are growing these days for sure. I get that ADA was third at one point and that is much better than all of the others and it was looking like it could have been even higher than BNB at that point. But looking back now, they failed the smart contract part and this is why its not getting any better because they failed at that. If they did the smart contract part perfectly and they actually got a ton of projects in their network, then we would have been talking about something much better for sure.

No doubt but i have seen bunch of complaints about that. The movement was not so fast like another coin. The development that already promised were so slow compared with the progress that already made by solana or tera luna. This one is big but the development progress was not so good as its competitors in the market. I would like to call that if this is still over valued at this moment but when ada can come with better result from its development and i do believe this will be the same like ethereum.

This is what people need to wake up since thinking about much on certain coins like this will just turn their hopes into dismay. I'm sure their past holders didn't get much believing it will get the same impact with ethereum, maybe it will take long because majority of investors are more focus on bitcoin and ethereum itself so I guess those people who continuous to hold will wait for more years before they can see the great changes on their portfolio's.

ADA is one of the networks that support NFT networks which is the best option aside from BSC and Poly, It could be one of the big things in the next months or years to come since it is one of the best choices when it comes to playing NFT games with it or transacting using it has small payment like Matic Polygon. Users are preparing that features where they can save gas fees and maximized their profit with the help of low-cost transaction fees blockchain networks such as ADA.

Im not sure on that. There are plenty of other choices rather than ada. It is the same era when eth was arrived. So its like he is been delayed for a long time. There are other L1 like avax, luna, fantom, solana, and polygon. If there are be gonna be the next eth and maybe they will be on this projects. Also the multiplier it gives already a way too high compared to ada.

So what you are trying to tell, that ADA will become the new speculators attraction where investors will pump money in them and thereby increase in valuation just for the sake of speculation or are you telling it will be having any potential use case like Ethereum had in the initial stages where everyone thought it is the solution for scaling issues :D.

There are other EVM capable projects that are used right now and i am yet to see a project using ADA.

I still remember when ADA was around $0.12 so we still believe in big things for ADA

If ADA had been a successful project like ETH, it would have been as popular a long time ago. Right now it is just a hype project. It might as well call XLM a promising blockchain like ETH. It seems to me that DOT or ATOM will be more successful in the future than ADA. Just because the project has risen in value doesn't mean anything.

Cardano has already proved its capability hence it's still in the list of top altcoins and obviously we can't ignore the huge support of its community beside this the developers of Cardano is very active to make improvements in its network which indicates its bright future so after all these positive things I believe Cardano still have much potential for further progress but in comparison of Ethereum network Ada is still far behind.

ADA is indeed a good potential coin for the future but I don't think that there will be anything like Ethereum that can even compete with it. ADA has only recently developed and with continuous development the team is able to attract a lot of market enthusiasts, but that does not guarantee that it will continue to happen in the future.

ADA and SOL are on my watch now because those two projects have a lot of potential for me, I'm willing to buy the dip and hold for the long term for those two projects since it has great potential and has a great team so why not. But on top of that, I still focusing my money on BNB since BNB is really popular right now among new people who are willing to create a new project.

in terms of network, maybe Cardano can be a competitor that is quite difficult for ethereum. but for the price, I don't think it's possible. ADA seems to me to be stable, no big increase even during bull market. maybe this is one of the ironies for me, unlike terra, Solana, Polkadot, Bnb, or Avalanche which yesterday flew very high. ADA only went up 2x, and for me it's still lacking. ADA should be higher than that.

I also make ADA as my favorite coin, ADA is one of the coins with great potential that I see, ADA is not inferior to its competitors such as polkadot, ethereum, Solana. ADA also has a large community where most of them have a very large investment in ADA, they really believe ADA will bring big changes in the future. ADA's performance, team and ecosystem are also the best I've seen from any other project, at least ADA is on par with top rated projects.

I think the best thing that ADA has is the bridge where you can transfer NFTs or tokens, coins to ADA blockchain. That will be huge if they manage to make it work with ease. They have a monthly show and there you can see what they work and on what they are focusing.

Perhaps as popular as ETH is, it is not enough, but its popularity in the crypto space is something that we cannot deny in the future. Personally, in addition to the profit values, I am always curious about how they deploy to build a strong ecosystem like the platforms you mentioned, which may not be enough. Perhaps they still need more time to build and develop trust with us.

ADA is not a meme coin that can go up many times over. Of course, to continue to rise and follow a large ecosystem, there will be no improvement. If we refer to ADA activities for the long term I think this can be measured quite well. Long term can be more effective than waiting for a temporary increase that only compares it with other coins. Why not like Solana, Terra and BNB? because basically ADA is still having trouble building its own network, so few projects have been launched. Please note that since the Bullrun ADA has given advantages to those who took entries long ago.
https://s3.tradingview.com/snapshots/q/QGa9ftCt.png

ADA is very cool token and it's not give theirs investor a profit like other coins like Solona, Luna and Avax. Speed of transaction is also very slow. I think it will show his power in next some years . For now it's not looking good for short term and it's has no potential like Etherium. In long term we can expect good movement but most of trader now use short trading instead of holding for long term.

We are not only looking at those who have made profits from it, but also those who are also making losses with ADA. Of course, not everyone can buy it at a good price and wait leisurely for the profit it brings. In addition to the issue of profit, the way that Cardano's generation system still does not meet expectations, as leading platforms such as ETH, BNB, DOT, ATOM, SOL,... are increasingly proving their capabilities. With its application in many different areas of the market, I have yet to see much of a difference that Cardano has made in recent years.

Something that already known by anyone. People are investing their money into ADA caused by they believe with the potential that owned by this token. You must also see how this was going so fat from the bottom to the top in a short time. ADA has become another competitor for the ethereum. This means if this coin has the same potential like ethereum even some people are believing if ADA will become the best replacement for ethereum in the future as ADA is more scalable compared with ethereum. It's also able to be used to develop dapps as well.

I think Cardano or ADA has a big potential coin to watch just like Ethereum because this coin was already tested in the worst market condition and it was survived in the worst and longest bearish season in the history of crypto so I think that was one of the pieces of evidence that ADA has its own characteristics to exalt among other top-ranking cryptocurrencies in the market that's why it is a good coin to watch.

Unfortunately people can't accept the disappointment that easily. Imagine like if you have a kid and that kid is not doing well in school, you keep creating excuses for them and keep saying that it is their bad friends, or the things that take away from the attention and that kind of stuff, but we never say that our kid is lazy and it is simple as that.

ADA owners and investors are like that, they keep seeing it like that and they keep saying things like it is never ADA problem and it is market problem or it is about investors not being patient enough and so forth and it is never the problem that ADA project never really had a chance to actually go up because it always had some problems that couldn't be ignored.

Actually all the project had a problem.After the launch of Binance smart chain,Ethereum transaction was almost stopped.The main cause for this is ,the high transaction fee of Ethereum.Same the transaction price pump happened in the Bitcoin too.When the price of transaction fee of bitcoin was increased,people moved to Ethereum.Now people on the BSC network and some on polygon network.So ADA will get back with the potential and reach high value soon.

Cardano's performance is indeed extraordinary until now, even Cardano still has a fairly high demand. Although this year Cardano has experienced
a decline like other popular coins, however I believe Cardano will recover if the Bitcoin price manages to get back above the $60k price tag.
The Cardano development team is also quite active on social media showing they are still developing Cardano to make it even better. If we look
at the development of Cardano so far, I believe Cardano and BNB have a lot of potential like Ethereum. Especially now that the price of Cardano is
down 70% from the ATH price that was reached 8 months ago, this means that we have an opportunity to buy Cardano at a cheap price. Don't let us
regret not buying Cardano now when the price is cheap. Because I think Cardano is one of the very good altcoins for long-term investment.

It’s true,ADA made a good impression in the market.ADA can be overcome the Ethereum in the future.It’s true of the fact,ADA was one of the best altcoin for the long term period.The price of ADA was reduced in the past 6 months,it’s enough for the investors to get huge amount of ADA in a very short period as compared to before.