Cardano (just hatched #17 at Coinmarketcap)

[Drama Queen]

Here's the bloody thing: https://coinmarketcap.com/currencies/cardano/

"A new, better Ethereum, both blockchain and platform, bla bla bla"

Just managed itself to be ranked #17 at CMC when I write this

Not much good info to be found online so far really, excluding project pages and some new-better-imagineyoutobefuckingearlyadopter shilling here or there


Anyone watching this one closely or having knowhow about?

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[bathrobehero]

It's a weird coin that just got added to Bittrex for fuck knows why.

I mean, I couldn't even figure out what algo it uses nor its premine.

[MoonIsBlue]

Quick search, here's the chairman: https://www.linkedin.com/in/michaelparsons
Their page says it uses Haskell language for programming, don't know if that rings a bell?

[HardFireMiner]

So 24,252,040,035 coins already in circulation and staking .
Man, these shitcoins will keep invading the crypto world until people  wouldn't care and still buy it, oh wait, this already happened.

[iwouldntknow]

So 24,252,040,035 coins already in circulation and staking .
Man, these shitcoins will keep invading the crypto world until people  wouldn't care and still buy it, oh wait, this already happened.

It's like people can't use their brains.  They are so blinded by greed. 

In another cardano thread some dude was like, i bought just as it listed at .03 usd, was that a bad idea? 

I guarantee he did no research whatsoever but saw a coin for .03 usd and thought, it can only go up from there, surely it'll pump and I'll be rich.  Except it's some no name coin that he's valuing at 800 million at that price.  Some random coins shows up immediately in the top 15-20 coins and nobody blinks, they all just whip out their wallets to buy as fast as they can. 

What I don't understand is the volume.  It's sitting at number 8 now at 86 million/24 hr.  That makes no sense. 

[thepo1m]

I will not touch this token, out of 34 billion tokens, 24 billion is already in circulation. I don't know why Bittrex decided to list but the huge trading volume is difficult to ignore for day trader

[MoonIsBlue]

I will not touch this token, out of 34 billion tokens, 24 billion is already in circulation. I don't know why Bittrex decided to list but the huge trading volume is difficult to ignore for day trader

I bet it had something to do with $$$BTCBTCBTCBTC

[Ging]

i dont much about b Cardano (ADA) i foundit worth
$0.022011
0.00000494 BTC

[Drama Queen]

Relax, ppl, my post was millions of years far from shilling, I've just mentioned a couple of simple facts, actually I haven't written anything even remotely positive on this coin.

An alien coin that just sneaked into a TOP 20 barely receives a rock star lvl of popularity.

What this thread needs is a person who watches the damn thing on a long term basis, not another look-what-greedy-noobs-buy generic debate.

Will be interesting to watch if sb. has more background info/insight.

[cryptohunter]

COINMARKETCAP = most dangerous site in crypto

totally misleading site that sadly too many noobs take at face value.

probably

fake volume, fake cap , like 99% of other icos hence why icos

[tom_cardano]

It’s great seeing this interest in Cardano and Ada. I'm Tom Kelly and work as a Community & Marketing manager at the Cardano Foundation. 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

[axiline]

Interesting coin, And it is very strange that the first exchange that it added was Bittrex. I managed to take it cheap and even earned it. But you need to be careful.

[Drama Queen]

Thank you for your insight, Tom.

If the coin somehow manages to get listed at Bittrex which is unlikely a coincidence means devs are at least good at making valuable business connections.
´
That is important.

[Taya Afi]

I'm not surprised anymore. crypto world is very different and often the events here are not amenable to logic.

[VeeTeaSee]

this coin is great, because its "LEGAL" and its going hard on adoption (read in reddit)
i wont be surprised if this coin do x100 in  5 - 7 years or so
this years will be revolutionary for the world, so the marketcap will grow very fast
they have presentation in facebook soon, check for it

[Riddikulo]

Somebody know official thread of this Cardano coin?
Can't find it...
I have problems with wallet, it is not starting... Maybe somebody know where I can download previous versions?

[styca]

Somebody know official thread of this Cardano coin?
Can't find it...
I have problems with wallet, it is not starting... Maybe somebody know where I can download previous versions?

I don't think there is an official thread, which is why it caught everyone by surprise (myself included).
It might be worth messaging tom (further up the thread) if you're having difficulty.

[ruffles2016]

It’s great seeing this interest in Cardano and Ada. I'm Tom Kelly and work as a Community & Marketing manager at the Cardano Foundation. 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

You should inform our community by somekind of campaign or anything like that. We all heard about cardano but information isn't clear and price seems overvalued. Your project hit coinmarket basically out of nowhere and now everyone think its scam. I don't think it is scam but you really need good pr I must say.

[innergy]

Somebody know official thread of this Cardano coin?
Can't find it...
I have problems with wallet, it is not starting... Maybe somebody know where I can download previous versions?

Cardano Slack is pretty active.
I'm sure you'll find answers there...

[chaosfourever]

Ya Ardor is going to be the true rival to Ethereum. Only a few more months till its gets rolling and from there it will just snowball.