Cardano Price Prediction 2020-21 !!!!!!

[meldrio1]

We don't know what price of cardano in the future but if the bull run will happen in the next year, surely the price of cardano would reach $1 price but if not maybe around $0.1 I guess.

[Flangler]

We don't know what price of cardano in the future but if the bull run will happen in the next year, surely the price of cardano would reach $1 price but if not maybe around $0.1 I guess.

I do not think so, the Cardano competitors are much faster and more efficient, the main flow of Cardano is that they want to be everything, and it takes a lot of time to do this. Besides POS testnet from 2018 nothing particular happened. Cardano describes itself as 3 rd generation crypto but soon ETH also will be 3rd generation crypto. It is overpriced in my opinion. I had big hopes into this project but now I',m sure this is not right way.

[itsv]

Cardano Has Launched Its Daedalus 1.0 Mainnet Wallet yesterday and why it is important ? Because Daedalus is part of Cardano’s Byron Reboot, which went live on Apr. 1. So When the Shelley mainnet goes live, it will offer staking rewards to all users this will be time i think where we see some good price action. Perhaps we might reach previous ATH lets see.

[Lakai01]

Although, ADA Shelley was designed for the growth and development of ADA network but Shelley won't be the thing behind ADA surge now and in the coming months you spoke of.

First of all, thanks for the feedback, I'm not used to get feedback in the Altcoin section of the forum
However, I don't share the opinion that the sudden increase has nothing to do with the release of the video. Just have a look at the following chart:



Late in the evening on the 23rd the video was released, immediately after that the price jumped. In comparison, here is the Tezos chart, where the price increase is much smoother:



That the price increase coincides exactly with the release of the video and still is a coincidence can be natural, I hardly believe it. If I am right, I am very curious how the upcoming releases will affect the price and if you will see similar increases.

I do not think so, the Cardano competitors are much faster and more efficient, the main flow of Cardano is that they want to be everything, and it takes a lot of time to do this. Besides POS testnet from 2018 nothing particular happened.

The Cardano competitors all have the same or at least similar problems: severe delays of their roadmaps (see for example the roadmap of ETH where ETH wanted to be at the end of 2019). However, it is generally not so unusual for software projects to be delayed.
Cardano wants a lot at once, that is true. In the meantime they have managed to set themselves apart, at least their roadmap is now very clearly structured and you can see when you can expect what. Here is the link to it.

The release of the shelley-testnet at the end of 2019 was a big step forward. The testnet is also used quite intensively, according to Charles 18.000 people/wallets have already delegated their ADA and several thousand sake pools are running.

[Flangler]

Although, ADA Shelley was designed for the growth and development of ADA network but Shelley won't be the thing behind ADA surge now and in the coming months you spoke of.

First of all, thanks for the feedback, I'm not used to get feedback in the Altcoin section of the forum
However, I don't share the opinion that the sudden increase has nothing to do with the release of the video. Just have a look at the following chart:



Late in the evening on the 23rd the video was released, immediately after that the price jumped. In comparison, here is the Tezos chart, where the price increase is much smoother:



That the price increase coincides exactly with the release of the video and still is a coincidence can be natural, I hardly believe it. If I am right, I am very curious how the upcoming releases will affect the price and if you will see similar increases.

I do not think so, the Cardano competitors are much faster and more efficient, the main flow of Cardano is that they want to be everything, and it takes a lot of time to do this. Besides POS testnet from 2018 nothing particular happened.

The Cardano competitors all have the same or at least similar problems: severe delays of their roadmaps (see for example the roadmap of ETH where ETH wanted to be at the end of 2019). However, it is generally not so unusual for software projects to be delayed.
Cardano wants a lot at once, that is true. In the meantime they have managed to set themselves apart, at least their roadmap is now very clearly structured and you can see when you can expect what. Here is the link to it.

The release of the shelley-testnet at the end of 2019 was a big step forward. The testnet is also used quite intensively, according to Charles 18.000 people/wallets have already delegated their ADA and several thousand sake pools are running.

Their roadmap is probably one of the best of crypto I have to admit that. Sadly there is not a lot of interest in this coin, social media are rather weak. Currently, the price on the chart may look very attractive but it is still 17 times higher than in ICO and I just do not see how they can beat ETH, not in the current shape at least.

[Denamen]

We don't know what price of cardano in the future but if the bull run will happen in the next year, surely the price of cardano would reach $1 price but if not maybe around $0.1 I guess.

All just stop at the prediction and cardano first need to grow steadily during this time because this is the decisive time for the existence of the project. I think the value of ADA is very cheap now and you can consider investing anytime if you like. However, the situation is now very difficult and the covid-19 pandemic has not shown any end, so people will have to be very careful when choosing to invest.

[Lakai01]

Their roadmap is probably one of the best of crypto I have to admit that. Sadly there is not a lot of interest in this coin, social media are rather weak.

I think Cardano is well aware that they also lack marketing. In order to push the project in terms of marketing, a cooperation with Price Waterhouse Coopers was recently entered into. Cardano expects this cooperation to result in a lot of contacts with large companies, PwC is one of the largest companies for professional services with a quite remarkable network, where companies such as Oracle, Micrsosoft and HP(E) are members.

There is a very interesting article about how PwC sees Cardano at Cointelegraph, definitly worth a read.

[Lakai01]

So that's it? We're just talking about a great wallet that can stake and give users rewards? Don't get me wrong I think Cardano concepts was pretty good and the founder seems to know what he's talking about but when we got the community just in it for the staking and all that, makes me wonder what's really in it.

I have to quote myself now, I posted the following only the day before yesterday:

If you want to know more about why the release is so important I recommend this article. The following paragraph sums it up:

Daedalus 1.0.0 is the multi-asset wallet which not only comes with massive improvements in terms of speed and reliability, but also with a built-in support for many of their future updates that are around the corner. This version of wallet will support both Byron Reboot and Shelley, so the migration will be very easy to make by anyone, with no requirement of advanced technological skills. The wallet comes with new implemented features and improvements as well due to the 6 major updates in the last 25 days!

To sum it up:
Apart from confirming that Shelley is finally getting started, the development of Daedalus 1.0 now also shows that all the promises Charles made with "we develop our software on an extremely high level", "our software development process allows us to release high quality features in an extremely short time", ... is actually true. Since the launch of Daedalus-Flight 25 days ago, a total of 6 major and extensive updates have been released, the features and new versions have been very well received in the community, there have been exceptionally few problems with them. In addition, external reviews of the software (including security tests) were conducted, which give the software a very high level of maturity. A clean and stable software allows the team to develop new features and release them with high quality much faster. The audit was conducted by Root9B among others and was already made available to the public.

So the release of Daedalus has above all a symbolic value and shows that Cardano is actually capable of building and releasing the software they have been talking about for years.

[Flangler]

So that's it? We're just talking about a great wallet that can stake and give users rewards? Don't get me wrong I think Cardano concepts was pretty good and the founder seems to know what he's talking about but when we got the community just in it for the staking and all that, makes me wonder what's really in it.

Without wantig to repeat myself I have to quote myself now, I posted the following only the day before yesterday:

If you want to know more about why the release is so important I recommend this article. The following paragraph sums it up:

Daedalus 1.0.0 is the multi-asset wallet which not only comes with massive improvements in terms of speed and reliability, but also with a built-in support for many of their future updates that are around the corner. This version of wallet will support both Byron Reboot and Shelley, so the migration will be very easy to make by anyone, with no requirement of advanced technological skills. The wallet comes with new implemented features and improvements as well due to the 6 major updates in the last 25 days!

To sum it up:
Apart from confirming that Shelley is finally getting started, the development of Daedalus 1.0 now also shows that all the promises Charles made with "we develop our software on an extremely high level", "our software development process allows us to release high quality features in an extremely short time", ... is actually true. Since the launch of Daedalus-Flight 25 days ago, a total of 6 major and extensive updates have been released, the features and new versions have been very well received in the community, there have been exceptionally few problems with them. In addition, external reviews of the software (including security tests) were conducted, which give the software a very high level of maturity. A clean and stable software allows the team to develop new features and release them with high quality much faster. The audit was conducted by Root9B among others and was already made available to the public.

So the release of Daedalus has above all a symbolic value and shows that Cardano is actually capable of building and releasing the software they have been talking about for years.

Does it still has the synching problem? I remember that year ago it took me few days to synch a wallet, who has that much time?? There is also one feature that this wallet has or maybe everyone on has I'm not sure but when you paste your address twice in a row,  the receiver will still get coins.

[Lakai01]

Does it still has the synching problem? I remember that year ago it took me few days to synch a wallet, who has that much time?? There is also one feature that this wallet has or maybe everyone on has I'm not sure but when you paste your address twice in a row,  the receiver will still get coins.

Synching was one of the big problems addressed by Daedalus 1.0.0. The progress made here was so important to Charles Hoskinson that he mentioned it in his announcement video:

Charles Hoskinson also mentioned that the sync speed has been massively improved. Last month, the average sync time was about 9 hours and in some cases up to 14 hours, at this moment the new Daedalus 1.0.0 comes with a sync time of approximately 1 hour. Not only that the sync time has been significantly lowered, but the wallet recovery time has dropped from 4.5 hours to only about 20 minutes.

Source

So it is remarkable how the performance screw has been turned here, btw. the chain itself is currently about 4 GB if you plan to download it.
I use Yoroi, the lightweight wallet from Cardano. Runs as Google Chrome Extension and is developed by Emurgo, one of the three companies behind Cardano. Download link would be here if anyone is interested.

There is also one feature that this wallet has or maybe everyone on has I'm not sure but when you paste your address twice in a row,  the receiver will still get coins.

I am not aware of such an issue, but I am sure the team would love to hear that if you still can reproduce it with a newer version of Daedalus!

[umbara ardian]

We don't know what price of cardano in the future but if the bull run will happen in the next year, surely the price of cardano would reach $1 price but if not maybe around $0.1 I guess.

It's funny to look at your predictions, how do you make a prediction like that. Make a more specific prediction, and I'm sure its price will be in the range of $ 0.1-1 $ in the future haha

[justdimin]

It is already 0.045 right now, that ain't half bad if you ask me. The 0.1 price range looks quite realistic, it is only a 2x away and altcoins always does that kind of jump all the time so I do not see it not breaking the 0.1 in the next 1 year, I can't talk about 1 dollar because that is 20x and that kind of big jumps rarely happens, not saying it doesn't happen but rarely happens.

So, I think the realistic would be 0.1 cents for the next year, at least we could still hope for a 2x that we rarely get in anything else, you can't make that type of profit easily on stock markets for example, you surely wouldn't get it in gold neither, you can't get it on real estate, you can't get it from banks, so the only way to make 2x from your money looks to be crypto, and cardano as an example.

[IamL]

Cardaano hasn't delivered anything, I don't know how it is still in the top 20 by only releasing a faulty wallet    5 years in the making and all we hear is Charles submitting academic paper. Regarding Price I think at the end of this year it will go to 0.01 or lower, money will be moved to other projects which are delivering.

[Flangler]

Cardaano hasn't delivered anything, I don't know how it is still in the top 20 by only releasing a faulty wallet   5 years in the making and all we hear is Charles submitting academic paper. Regarding Price I think at the end of this year it will go to 0.01 or lower, money will be moved to other projects which are delivering.

That is a logical approach to the Topic. I did the same long ago. First I bought Cardano 0.30 each I thought it was cheap then for 0.15, I had enough when the price hit 0.10.
The progress is too slow. Staking should be ready for 2018/2019 and it is still not done. Besides the pretty website, there are not any reasons to believe in this project.

[Clark05]

I really like the cardano it is potential coin too but I think developer will develop or improve or haveing more project that related to thsi coin so it will become more popular that can result to increase the price of this. About this year for the price of cardano I cannot give an estimated value but Im sure it will rise just like the ethereum and the bitcoin.

[IamL]

I had to download the wallet Five times so far, and I haven't seen any improvement, so five years in the crypto eco system and this project cannot even deliver a wallet and it expects to be competing with Ethereum but even before smart contracts can be deployed (GOGUEN), Cardano is releasing Shelly in order to incentivize investors but it was promised in 2019 (Jan) and yet no where to be seen. I am smelling scam all over this project, be-careful guys. Charles is a brilliant Marketing guy who tell people what they want to hear. Before Investing do a thorough Due Diligence and see the deliverables. With so much 'Research and Academic papers' why nothing has been delivered except for yet another bug filled faulty Wallet. It took me 12 minutes approximately today to open the wallet and they are proud of this achievement ? Guys Red Alert!

[ethereumhunter]

I really like the cardano it is potential coin too but I think developer will develop or improve or haveing more project that related to thsi coin so it will become more popular that can result to increase the price of this. About this year for the price of cardano I cannot give an estimated value but Im sure it will rise just like the ethereum and the bitcoin.

Cardano is one of the potential coins that can increase in the future. If the bull run comes, I think Cardano will have more chance to get a push from the traders to increase higher, and with the price now is at $0.05, it can grow more than $0.1. So you need to hold your Cardano and don't sell if the price is not hit your target price, and better you have the target price to sell from now on before the price start increase. We can hope that the crypto can rise higher so that can give us a profit again, and we hope that the profit will be bigger than the last year.

[tombo]

Cardano is the only blockchain project on this planet that builds high assurance  software.
Not even Microsoft  or Apple develope such time consuming and expensive software.
Life critical software is build by NASA or for nuclear reactors, medical machines etc....
IOHK ships over 2k system relevant commits each week.
The new wallet is a full node one , blockchain sync only 30 min to 1h.
At Shelley  launch you will have several thouthands  of full nodes around the globe.
Cardano UTXO POS chain was not build from scratch with scientific research, formal verification and being  peer reviewed to make the next copycat of ETH or BTC.
It doesn't  even compete with them.
Cardanos aim is to disrupt our corrupt and manipulated entire financial  infrastructure - on a nation state level.
So everyone  bashing Cardano  without  doing at least 1 week of intensive research on it should ask himself what crypto  is really  all about and why he is here.
10 years back cyperpunks had higher goals than to trade the next best shitcoin for making some money.
I only can see 1 project in our entire space that still follows that vision.
And it's  not BTC, ETH , Tezos, Algo - you name them.
https://dailyhodl.com/2020/05/06/cardano-creator-says-crypto-movement-is-about-far-more-than-bitcoin-payments-and-profits/

[Dpat]

The over speculation is not the right way or the idea while you are talking about a good coin that is already in Top10 cryptocurrency. You know Cardano is a highly traded coin and already listed in almost all the exchanges. So, wait for the time maybe not more than 2 years I think, definitely you will get a price level of more than $5 or high.

[Smitty Werben Man Jensen]

Guys, Let’s speculate about the cardano growth potential /price after going so down in the last bear market

very interesting discuss Cardano, Cardano All Time High has a price of $ 1, and now it's bull season and bears seem to have ended, 2021 I predict that the ADA will reach $ 2 hopefully can be achieved