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Author Topic: ADA coin listed on Bittrex  (Read 2501 times)
PursuitofGainz (OP)
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October 02, 2017, 02:54:42 AM
 #1

A Japanese company called Cardano recently had their coin put on Bittrex. Apparently they're a big time player in Japan and have been developing the project for a year or two now. But I have literally never seen anything like it, over 70 million USD trade volume and it hasn't even been a day... Can anyone provide some intel on it and why it seems to have such incredible demand? The volume is only increasing too which is great for investment gains but still makes you wonder why
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October 02, 2017, 03:33:25 AM
 #2

This also dumbfounded me. For so long a time, from August 1 if I am not mistaken, Bittrex never added an additional coin in their list, not a single one. Even those whose ICOs were a quick sell outs were waiting until now for bittrex's listing. And then all of a sudden, ADA arrives and with top volume already. The second is almost four times lower than ADA even. 

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feelideb
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October 02, 2017, 03:44:19 AM
 #3

When it comes to exchange, there are many deals going on behind the scene that low volume trader may not be aware of. Trading require a lot of Intel and if you are   not in the loop, just forget it.

sylance
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October 02, 2017, 03:56:34 AM
 #4

So strange that it was 70MM in trading volume, but I couldn't even get it listed on CoinMarketCap.  I keep the window open and was confused at first, but eventually realized I hadn't refreshed the page in awhile.  I eventually found their website and did a quick read through... nothing stood out as radically different.  I wonder if this is just a runaway train simply because it hit the top of Bittrex's trading volume list?

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Affilate User
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October 02, 2017, 04:00:24 AM
 #5

Is there anyone who knows how much this coin supply and where ANN is to discuss about Cardano, I do not dare to buy coins before reading whitepaper
que23
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October 02, 2017, 04:07:11 AM
 #6

https://www.cardanohub.org/en/home/

https://iohk.io/projects/cardano/
DigeNarrator
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October 02, 2017, 04:18:00 AM
 #7

wow i am surprised!! not to the good side, waiting so long for bittrex to list some coins that i like  Angry
think this new coin gonna be pumped soon
because bittrex stopped adding coins, the old coins that already there being pump and dump
feelideb
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October 02, 2017, 04:31:00 AM
 #8

Bitttrex is a centralized platform and their priority is profit just like any business out there. What I do not like however is double standard in terms of  listing coin. It's been like that for bitttrex for quit a while and with speculation about regulation from authority, it has become herculian task for anyone to list coin on that exchange.

tom_cardano
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October 02, 2017, 11:36:17 AM
 #9

Hi guys, I'm Tom Kelly and work as a Community & Marketing manager at the Cardano Foundation, might be able to help answer some questions here. It's a very exciting time for us right now as we publicly launched Cardano on Friday and today began trading on Bittrex.

What is Cardano? Cardano is blockchain technology that harnesses the latest research and engineering best practices to build a system that will run decentralised applications, smart contracts and is fit to securely carry very high value.

Cardano is being built by IOHK, a leading technology company. Their international team of leading experts, academics and cryptographers have built Cardano over the past two years, inspired by the best features of existing cryptocurrencies including Bitcoin, Ripple and Ethereum. Of its many innovations, Cardano is the first blockchain to use a provably secure, proof of stake algorithm - the only one to have been academically peer reviewed by leading cryptographers through its acceptance to Crypto 2017, the world’s top cryptography conference. https://www.forbes.com/sites/amycastor/2017/08/23/at-crypto-2017-blockchain-presentations-focus-on-proofs-not-concepts/#35d474f67b70.

There is a wealth of information available to read on the Cardano Hub website. https://www.cardanohub.org/en/home/
Anyone who has questions about the project should come to our community channels listed below. The roadmap for future updates to the project will be shared very soon, so join the community to keep up to date!

Cardano Community Channels
Slack: https://cardano.herokuapp.com/
Facebook: https://www.facebook.com/groups/cardanocommunity
Twitter: https://twitter.com/cardanocom
Reddit: https://reddit.com/r/cardano
bundo
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October 02, 2017, 03:45:34 PM
 #10

I salute only a few days its value is very significant, may have cooperated.
And if we look at not all of these coin launches, we see the future triumphant or survive
modsrocky
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October 02, 2017, 04:04:43 PM
 #11

how i can mine this coin?

Itjoker
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October 02, 2017, 04:41:47 PM
 #12

I prefer to wait for some weeks before think about trading with ADA.
Olatunjex
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October 02, 2017, 04:47:24 PM
 #13

People said it's a shit coin.  How true is this

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tha2er99
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October 02, 2017, 04:53:22 PM
 #14

we need to know the secret about this huge volume !

does anyone have a clue ?
btctube
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October 02, 2017, 04:59:26 PM
 #15


Very strange for this token to be added right there on the spot after their ICO, it isn't even a full grown project and we never heard of it before but all of a sudden its on the major exchange. I wonder how much token did Bittrex got from cardano.

It ain't what it seem it is. But then I guess its confirm JAPAN isn't banning ICO unlike what Korea and China did.
ganeshramk
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October 02, 2017, 05:07:14 PM
 #16

32% up today with heavy volume. Performing better than litecoin even at this moment. Is it going to behave like Neo in the coming days?
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October 02, 2017, 05:51:52 PM
 #17

I know its sounds weird, but it's better to jump in and get some coin before, it settle down. Nobody knows the reason behind why its trading volume all of sudden top 4. But it is not gonna hurt to buy $40 or $50 coin and see how their project move on. currently its trading $0.026, i believe it will go up soon. Good luck

ganeshramk
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October 02, 2017, 06:01:19 PM
 #18

What is their business? I could not get the information about ICO/Pre-ICO easily. when was their ICO happened?
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October 02, 2017, 06:04:19 PM
 #19

What is the process now to get on Bittrex?  I know a few people who have been contacting them and got no response.
merok
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October 02, 2017, 06:07:59 PM
 #20

A Japanese company called Cardano recently had their coin put on Bittrex. Apparently they're a big time player in Japan and have been developing the project for a year or two now. But I have literally never seen anything like it, over 70 million USD trade volume and it hasn't even been a day... Can anyone provide some intel on it and why it seems to have such incredible demand? The volume is only increasing too which is great for investment gains but still makes you wonder why

Hi, I am from Japan.
This coin is famous for scam coin.
Company "Cardano" does not have any business up until now and from now on.
They sold their ADA coin to those who are not familiar with crypt currency on their pre-sale.

You should realize why "Cardano" sold ADA coin only in Japan at pre-sale.

For more detail, below page will work for you.
https://note.chiebukuro.yahoo.co.jp/detail/n389578
(this page is Japanese, this page will work to those who have interested in ADA coin)

I do not recommend long term hodling for this coin
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