The concept os this coin looks sounds very similar to ETH and BTC, ADA differs on numerous key details.The supply shortage of ADA alone should cause some drastic price fluctuations in the short term while it is the only major exchange that listed the project that on bittrtex.They need to move on with project and should try to list this on few more exchange. Otherwise there is will be more downside for this coin.
"You can buy, sell or trade Ada through digital currency exchanges. When Ada is launched, it will be available at a number of popular exchanges. Several exchanges have already agreed to list Ada. A full announcement will be made ahead of launch and details of the exchanges listing Ada will be available here. Ada will also be available at a network of ATM machines in Japan. Starting with five locations, the network is planned to grow to about 25 ATMs within a year of Ada’s launch. A list of ATM locations will be added here as they become operational." source: https://www.cardanohub.org/en/buy-sell-ada/ ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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The "Team" page lists no individual employees.... major RED FLAG Another lie. God could you at least make them somewhat more clever? Iohk.io/team Hahahah!! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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42.000 Ada coins now. Bought cheap, 400 Satoshi... ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Beware everyone. This is clearly a SCAM. Paying money to exchange for listing currency does not justify this kind of scam. This coin is distributed mainly in Japan using MLM scheme branded as pre-sale. Here is more details (in Japanese): "Note on investment of virtual currencies which are highly suspected as scam - 1" https://note.chiebukuro.yahoo.co.jp/detail/n389578Basically this report describes suspicious distribution, lots of paper company involved, lots of near-scam marketing, bad security of website, officially promoting HYIP, and of course without real product. . Also, this is affiliated with Izumi Tadashi (泉忠司), worst known scammer in Japanese cryptocurrency community. Charles Hoskinson, whose name you might have heard of, is also involved in this. At best, this is highly pre-minted copy-pasta coin. Do not buy. Thanks! Bought 30.000 Ada coins on the first day, and I am looking to buy more soon.
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Quote from: JohnCardano
"Thanks for this. Cardano has indeed been built from scratch. It is a security focused blockchain that harnesses the latest research and engineering insights to build a platform suitable for the highest value applications.
Built on a foundation of peer-reviewed research created through partnerships with the world’s foremost universities, Cardano aims to create a platform for decentralised applications and smart contracts that can be processed with a technique called formal verification. This allows logical proof of the correctness of code and smart contracts, for those applications where value is high and security is paramount. Cardano combines this with an innovative layered approach that separates accounting of value from all other smart contract and computation activity.
This means functionality can be added to smart contract capabilities without changing the protocol responsible for Ada holdings.
Cardano has a very strong academic heritage and is the first cryptocurrency to have one of its academic papers accepted at Crypto 2017, the leading cryptography conference. IOHK have research centres or partnerships with many of the top global academic institutions including the University of Edinburgh and the Tokyo Institute of Technology."
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Thanks for this. Cardano has indeed been built from scratch. It is a security focused blockchain that harnesses the latest research and engineering insights to build a platform suitable for the highest value applications. Built on a foundation of peer-reviewed research created through partnerships with the world’s foremost universities, Cardano aims to create a platform for decentralised applications and smart contracts that can be processed with a technique called formal verification. This allows logical proof of the correctness of code and smart contracts, for those applications where value is high and security is paramount. Cardano combines this with an innovative layered approach that separates accounting of value from all other smart contract and computation activity. This means functionality can be added to smart contract capabilities without changing the protocol responsible for Ada holdings. Cardano has a very strong academic heritage and is the first cryptocurrency to have one of its academic papers accepted at Crypto 2017, the leading cryptography conference. IOHK have research centres or partnerships with many of the top global academic institutions including the University of Edinburgh and the Tokyo Institute of Technology. You can look at the code, visit the Cardano Hub, or read the philosophy behind the project to learn more. Hi John! I am a supporter of your project. But the Cardano Foundation needs to do 3 things for Ada to succeed: 1) Clean the bad reputation from the past 2) do more marketing, way more. 3) And last but not least, give some gratification for those who hold Ada on the Daedalus wallet to avoid dumping and promote holding. Sincerely, J.
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Picture: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FPSZVQOB.jpg&t=663&c=q8CfvFEVlSkSsQ)
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"You can buy, sell or trade Ada through digital currency exchanges. When Ada is launched, it will be available at a number of popular exchanges. Several exchanges have already agreed to list Ada. A full announcement will be made ahead of launch and details of the exchanges listing Ada will be available here. Ada will also be available at a network of ATM machines in Japan. Starting with five locations, the network is planned to grow to about 25 ATMs within a year of Ada’s launch. A list of ATM locations will be added here as they become operational." source: https://www.cardanohub.org/en/buy-sell-ada/This is huge.
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I read it. Great article.
I buy for now 16.000 ADA on Bittrex and I am holding. :-)
I am sure that in first week price will go up. How much, hm, i hope much.
All best to you.
If you are holding, don't bother about 1st week gains. It will take weeks or months, but it will go up a lot, I'm sure. As I said, it's a game changer. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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20.000 BTC volume on Bittrex now...! ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif)
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Remember when Antshares/NEO was 0,10$ or 0,20$ ? And everybody used to say "Ohh it's just a shitcoin from China, you know..." Today it's 200x that price! Well, ADA is now 0,02$... ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Was this an ICO? How come it starts trading with a marketcap of almost 500 mln?
Hi! If you want to know more about the project, read the links I provided in the 2nd post. It´s all there.
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17.500 BTC volume on Bittrex now...
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