Can Cardano(ADA) get to $3 by End of Q1

[Rowland Okoli]

I have been monitoring the slow but steady growth of Cardano(ADA) for the past 6 weeks. It has been accumulating impressive market Cap that places it amongst the top 5 and a high liquidity level that outpaces NEO, STELLAR, MONERO, DASH and EOS.

I forsee ADA having a tough time breaking the $1 barrier but after that, getting to $2 would be a dash.

Where do you see ADA at the end of Q1 and Q2? 2018 - (do consider IOHK 2018 Delivery Roadmap)


Would love an analytical response.

Thanks.

[Veseloff]

I have been monitoring the slow but steady growth of Cardano(ADA) for the past 6 weeks. It has been accumulating impressive market Cap that places it amongst the top 5 and a high liquidity level that outpaces NEO, STELLAR, MONERO, DASH and EOS.

I forsee ADA having a tough time breaking the $1 barrier but after the getting to $2 would be a dash.

Where do you see ADA at the end of Q1 and Q2? 2018 - (do consider IOHK 2018 Delivery Roadmap)


Would love an analytical response.

Thanks.

I support! Also for a long time I've been following the coin for a long time and it seems she is going very confidently. It is interesting to know the opinion of experts, what are the prospects for this asset. Is correction possible in the near future, I want to go into coin.

[Rowland Okoli]

From my observation, I believe that the asset has faced it correction at 0.31 where it consolidated during the high market volatility of Dec 22nd. From then hence ADA has been edging upwards with single digit losses which it quickly regains during the day's trading.

To me, this is a positive indicator that ADA has strengthened its base.

[Gaius Cryptus Tradius]

I like the slow pumps he most since it displays organic growth which is really a good thing. A lot of people doing their own research instead of just buying into pumps, they see the real value of the project in a better way

[makishart]

I like the slow pumps he most since it displays organic growth which is really a good thing. A lot of people doing their own research instead of just buying into pumps, they see the real value of the project in a better way

That's why the chart of ada looks so crazy right now. how the more people are try to realized about the fact that ada is the only potential competitor for ethereum platform. But i can't speculate about what will be happening if ethereum goes pos.

[bircoin]

It will be a very comfortable dollar. Even if it does not matter if it can come on.

[turbulence]

where can i short this bitch lmao

[Rowland Okoli]

I like the slow pumps he most since it displays organic growth which is really a good thing. A lot of people doing their own research instead of just buying into pumps, they see the real value of the project in a better way

Yes, I totally agree with organic growth perspective.

[Rowland Okoli]

I like the slow pumps he most since it displays organic growth which is really a good thing. A lot of people doing their own research instead of just buying into pumps, they see the real value of the project in a better way

That's why the chart of ada looks so crazy right now. how the more people are try to realized about the fact that ada is the only potential competitor for ethereum platform. But i can't speculate about what will be happening if ethereum goes pos.

Well, I agree to some of your points but would like to extend it a little.

Cardano is way beyond Ethereum as regarding functionality and scalability.

Ethereum is Blockchain 2.0 while Cardano is BlockChain 3.0 and EOS is blockchain 3.0 (both handle tons of transactions under 1 second)

There are other platforms that can do precisely what ethereum does as regarding smart contracts such platforms are NEO and NEM are Blockchain 2.0, However NEO and NEM have fast transaction speed.

LISK is blockchain 2.0 for both web and core mobile which is another different level.

Let's also take note that Viatlik Buterin announced the project of Ethereum 2.0 which is actually what EOS is offering at the moment with newer features.

Ethereum 1.0 by all qualifications is slowly getting outdated.

[dinoloverpete]

I have been monitoring the slow but steady growth of Cardano(ADA) for the past 6 weeks. It has been accumulating impressive market Cap that places it amongst the top 5 and a high liquidity level that outpaces NEO, STELLAR, MONERO, DASH and EOS.

I forsee ADA having a tough time breaking the $1 barrier but after the getting to $2 would be a dash.

Where do you see ADA at the end of Q1 and Q2? 2018 - (do consider IOHK 2018 Delivery Roadmap)


Would love an analytical response.

Thanks.

I see that it is too much of a jump for ADA to go to $3 by end of Q1. Price wise it doesn't seem like much but when you consider it would mean the market cap 5xing it seems like much too much in a short period of time. I think more like an end of 2018 goal could be $3-$5.

[Rowland Okoli]

I have been monitoring the slow but steady growth of Cardano(ADA) for the past 6 weeks. It has been accumulating impressive market Cap that places it amongst the top 5 and a high liquidity level that outpaces NEO, STELLAR, MONERO, DASH and EOS.

I forsee ADA having a tough time breaking the $1 barrier but after the getting to $2 would be a dash.

Where do you see ADA at the end of Q1 and Q2? 2018 - (do consider IOHK 2018 Delivery Roadmap)


Would love an analytical response.

Thanks.

I see that it is too much of a jump for ADA to go to $3 by end of Q1. Price wise it doesn't seem like much but when you consider it would mean the market cap 5xing it seems like much too much in a short period of time. I think more like an end of 2018 goal could be $3-$5.

Great analysis, I concur.

What happens if a major investor takes of a billion assets off the market just as the Asian Bank did to Ripple's XRP, will the same scenario that played out on ripple repeat on ADA?

 

[foggywhite007]

If the price continues to grow that $ 3 does not seem unattainable. Quite think you will see $ 10 by 1 January 2019.
Growth potential for the good of the project. The bullish movement of all alcaino you can fly to 3 dollars in the spring. But now it is not clear where the market will turn can still be...

[Rowland Okoli]

If the price continues to grow that $ 3 does not seem unattainable. Quite think you will see $ 10 by 1 January 2019.
Growth potential for the good of the project. The bullish movement of all alcaino you can fly to 3 dollars in the spring. But now it is not clear where the market will turn can still be...

At $0.70 with a Market Cap of $17Bn and Circulating supply of 25Bn, ADA would likely hit $1.40 when its circulating supply gets to 50Bn.

The circulating supply is very high almost getting to Ripple XRP's 38Bn supply.

By the time ADA hits 38Bn supply, the price should be at $0.95 - $1.05.

However, a major reduction of circulating supply through withholding assets to the tune of $1bn would see ADA making $2-3 in no time.

Same principle was applied on XRP before it started skyrocketing.



 

[zabisux]

I was planning to buy and hold some ada back in day but supply scared me. I still see hitting $1 next year. Their development process is great most of traders are actually holders.

[NavySeals]

I have been monitoring the slow but steady growth of Cardano(ADA) for the past 6 weeks. It has been accumulating impressive market Cap that places it amongst the top 5 and a high liquidity level that outpaces NEO, STELLAR, MONERO, DASH and EOS.

I forsee ADA having a tough time breaking the $1 barrier but after the getting to $2 would be a dash.

Where do you see ADA at the end of Q1 and Q2? 2018 - (do consider IOHK 2018 Delivery Roadmap)

Would love an analytical response.

Thanks.

Sorry, but impossible. This would be an enormous market cap which is actually not suitable for the Cardano. If ADA will be $3 then ETH will be $10,000 easily. This is the reality you ADA holders need to see.

[okala]

This is really very possible as cardano is currently above $0.6. If you study the historical data of this coin you will discover that it will get to $3 before May this year. I hope you will just take this as a personal opinion and not a recommendation for you to buying ADA!  I just study it site today and that is the only thinking  I think I  can make out of this.

[bucciarati]

this is another good move i made so i would definitvely be happy to see another big jump in price

but i think this is very unlikely becaue i think we are going to see a long time correction along first Q 2018

[Mister k]

I like the slow pumps he most since it displays organic growth which is really a good thing. A lot of people doing their own research instead of just buying into pumps, they see the real value of the project in a better way

That's why the chart of ada looks so crazy right now. how the more people are try to realized about the fact that ada is the only potential competitor for ethereum platform. But i can't speculate about what will be happening if ethereum goes pos.

Well, I agree to some of your points but would like to extend it a little.

Cardano is way beyond Ethereum as regarding functionality and scalability.

Ethereum is Blockchain 2.0 while Cardano is BlockChain 3.0 and EOS is blockchain 3.0 (both handle tons of transactions under 1 second)

There are other platforms that can do precisely what ethereum does as regarding smart contracts such platforms are NEO and NEM are Blockchain 2.0, However NEO and NEM have fast transaction speed.

LISK is blockchain 2.0 for both web and core mobile which is another different level.

Let's also take note that Viatlik Buterin announced the project of Ethereum 2.0 which is actually what EOS is offering at the moment with newer features.

Ethereum 1.0 by all qualifications is slowly getting outdated.

Good analysis, thank you.

[Rowland Okoli]

I was planning to buy and hold some ada back in day but supply scared me. I still see hitting $1 next year. Their development process is great most of traders are actually holders.

You mean hitting $1 this year(2018)  

Oh yes! most definitely. $1 isn't an issue but we are trying to analyse if it could get to $3 by end of Q2 2018 taking into cognizance the supply.

[Rowland Okoli]

I have been monitoring the slow but steady growth of Cardano(ADA) for the past 6 weeks. It has been accumulating impressive market Cap that places it amongst the top 5 and a high liquidity level that outpaces NEO, STELLAR, MONERO, DASH and EOS.

I forsee ADA having a tough time breaking the $1 barrier but after the getting to $2 would be a dash.

Where do you see ADA at the end of Q1 and Q2? 2018 - (do consider IOHK 2018 Delivery Roadmap)

Would love an analytical response.

Thanks.

Sorry, but impossible. This would be an enormous market cap which is actually not suitable for the Cardano. If ADA will be $3 then ETH will be $10,000 easily. This is the reality you ADA holders need to see.

I do like your realist approach but from experience i've learnt that 'Nothing is Impossible'.

If I had asked you about XRP in November 2017(based on XRP's Historical Price Data) you'd swear that XRP would never go pass $1.

Can you educate us why XRP is targeting $3?


Also Ethereum and Cardano have no coloration, frankly speaking.

I see Ethereum getting to $1,500 - $2000 Max, before the envisaged upgrade of Eth 2.0 is deployed.

Ethereum is good but it's obviously slowly getting outdated as EOS, NEO, NEM, LISK, CARDANO, QTUM does same thing and even better.

I hope we can have this conversation again Dec 2018 by God's grace.