What happened with ADA?

[liberox]

I`ve tryied to find out on their subreddit, but all I understood is that they are late with the roadmap update..

Can someone explain what exactly happened these days?

[Hamphser]

I`ve tryied to find out on their subreddit, but all I understood is that they are late with the roadmap update..

Can someone explain what exactly happened these days?

You mean Cardano (ADA) ?

No one would know on what are the things happening behind that project.Just like on most coins in the market,the price had gone down to the floor
and still no recovery it do shows.

[republicrypto]

I`ve tryied to find out on their subreddit, but all I understood is that they are late with the roadmap update..

Can someone explain what exactly happened these days?

well,, cardano price just go down, when bitcoin price rising
thats mean,, a lot of people sell their ADA to buy Bitcoin for now,, and in my opinion that is the main causes why the price of ADA down,,
but, i believe this is only for a while,, i'm sure, ADA will recovery soon
regards

[Ailmand]

I thought ADA would ride with the price of Bitcoin. ADA reached an all-time high of $1.32, but just one month later, ADA dropped down to $0.27 and it dropped even lower. They have a lot of plans and good roadmap for 2019 but I don't think that it could recover again. Most Ada holders have switched to other coins which are on top of the list.

[liberox]

Clearly, but the choice of wording is really vague and poor and leads to confusion. They need to hire a better communication person.

IOHK Laurie:

"We will be launching an exciting new roadmap which showcases the Cardano 2020 vision after the IOHK Summit, which will be taking place on April 17-18."

Source: https://forum.cardano.org/t/future-of-the-cardano-roadmap/20371

You can spend a whole day trying to interpret the various ways of this sentence.

It makes me uncomfortable to know that they have non native english speakers handle their communication. Even if she is native, she is clearly bad at it.

[jacafbiz]

If the only your concern about this project is their roadmap, then ask yourself how many of these projects stick to their road map timeline, none. Just look at Ethereum the most capped Altcoins out there, how many time they have shifted their road map, software development is different from cooking food, and they need to be sure they are not offering a buggy codes for hackers to exploit

[3x2]

Cardano  has a huge token supply and the team is very suspicious, they came from no where and those who invested in them in early stages are not yet known. people jumped upon the train and they were able to make 10x profit, i remember someone kept a thread about his investment in Cardano  in this forum.

[flash101k]

I`ve tryied to find out on their subreddit, but all I understood is that they are late with the roadmap update..

Can someone explain what exactly happened these days?

You mean Cardano (ADA) ?

No one would know on what are the things happening behind that project.Just like on most coins in the market,the price had gone down to the floor
and still no recovery it do shows.

The market is always volatile every day, and ADA prices may rise or fall because this is a speculative market. ADA may drop sharply in the long term but if there is an impact from anyone with a significant investment will make ADA grow strongly. He is sleeping and is waiting for the winter to pass to work again in the spring.

[Cnut237]

I do think ADA/Cardano is a very good project, but it has suffered a lot from hype (other examples of this are Tron and EOS). This means it is even more prone to speculation than other coins. I do think in the long-term that it will do well and prices will recover, but it may take some time.

[sockpuppet1911]

Chart looks normal to me, lot's of rise in a relatively short time and a retrace with the same pace. Actually it looks so healthy that i could get some now.

[kindbtc]

Most coins are following a similar pattern we saw xrp also tried to break above but failed and is declining till then i think market will stay like this for a while and afyer btc halving event we will see final hype and bullish momentum in the market that will lead to new all time high levels for all good coins.

[Jating]

I`ve tryied to find out on their subreddit, but all I understood is that they are late with the roadmap update..

Can someone explain what exactly happened these days?

Here is their roadmap: https://cardanoroadmap.com/

Doesn't matter if they are late in their roadmap though. For me as long as the developers behind is very active then you don't have to worry about anything. Here is also a good read, Cardano (ADA) Intrigues Users With New Updates To Shelly; Introduces 2020 Roadmap.

[muratsink]

I think, the smart contract cardano model was very complicated, and there is no coin mining for ADA. so the ADA chart is growing slowly, but I am sure, after Cardano declared to produce and spread ATM machines throughout Japan, then the ADA value will increase, and this is like what happened at the end of 2017, ADA created Bullish market.

[duyduc256]

I do think ADA/Cardano is a very good project, but it has suffered a lot from hype (other examples of this are Tron and EOS). This means it is even more prone to speculation than other coins. I do think in the long-term that it will do well and prices will recover, but it may take some time.

ADA recently did not have many updates related to their technology, causing many investors to have anxiety in this coin. I think the ADA is going through a very difficult time because the fact that people don't talk much about this coin makes ADA fall. This may be a cumulative period for this coin and there will definitely be a good rally when there is big news. At this point you should also consider investing because the ADA can be a great opportunity to make a profit in the next few years.

[muslol67]

Cardano  has a huge token supply and the team is very suspicious, they came from no where and those who invested in them in early stages are not yet known. people jumped upon the train and they were able to make 10x profit, i remember someone kept a thread about his investment in Cardano  in this forum.

I agree ADA has too many supply. But there is no suspicious for ADA. They are moving so slowly but why do you think that they are suspicious? They have to develop faster and I am sure it will be better place from now.

[Kelvinid]

Are we expecting to see ADA rise again? Definitely yes?
I have some ADA stuck in a certain exchange and it is quite too long it have been there. I bought this coins during bullish trend last 2017 but until now still far from the price before. I've never sell it cause I believe that it will show up again but I don't know how long should I'll be keeping this coin.

[Adriano2010]

I think the price goes down because people sell Ada for bitcoin, as ussually this always happen when bitcoin price goes up most of people sell their altcoins for bitcoin.

[wuvdoll]

I`ve tryied to find out on their subreddit, but all I understood is that they are late with the roadmap update..

I don't think anyone can tell you the actual thing happening behind the project than the team, so I think what you can do is to message the team to see if they are going to give you a reply, though I believe they should give you one since this is the crypto space and the one thing a company should care about is not the project itself, but the investors of that project, please message them and get back to us on what their reply was for the delay.

I remember ADA was trading around 2200 satoshi by June/July 2018 and then fell down sharply up to 1100 satoshi per one ada. For those steep fall down, I still could not find any valid reason even ada has very active dev team and big community to support them. The only probable reason could be, entire crypto space was falling down hence it also went down.

Similarly right now, bitcoin is on up-surge and to maintain USD value some altcoins are losing their BTC value. This is not the concrete reason you are looking, but must be one of the reason why ADA is falling in recent days.

[eagle10]

I thought ADA would ride with the price of Bitcoin. ADA reached an all-time high of $1.32, but just one month later, ADA dropped down to $0.27 and it dropped even lower. They have a lot of plans and good roadmap for 2019 but I don't think that it could recover again. Most Ada holders have switched to other coins which are on top of the list.

I believe ADA is just waiting for the right time not because the lack of any updates from the team may make it not able to recover again. Come on, ADA has a good team behind it and I don't think people are losing faith with this coin. Many investors I guess are holders of ADA coin. So I think if trading is not as active lately it will, in time, recover just be patient and keep on holding if you believe it will take off in the future.

[n0ne]

Cardano seems to be one among the top listed altcoins with unexpected growth taking place suddenly. This gained the attention from most of the cryptocurrency users who have been into trading and for long term holding. They have a good development team and the continued development keeps cardano progress. Over the few months there is no big growth which might Kickstart along with bull run start.