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Author Topic: ADA had a potential like Ethereum  (Read 272 times)
marine4u
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April 16, 2022, 11:47:35 AM
 #21

Yes, I personally still see ADA as having good potential.  That has proven its impressive growth over time but their words are not yet convincing, the promises delayed, the congested Dapp that comes with it are some justifications for the time.  ADA could theoretically surpass ETH but the reality will need them to be more responsive.
Anyway, ADA is also a good coin to pursue profit, consider buying.
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April 16, 2022, 11:53:58 AM
 #22

I have been and still invested in ADA for a long time, but I think that it is starting to die. With the days, we have not seen anything new in this currency. I also think that it has turned into a model that makes developers rich.

start from earning using stacking, more addresses generate more coins and more ada demand need to increase or price will go down with time

In general, if there is no real development in the coming months, then I withdraw most of my investment in it.
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April 16, 2022, 12:14:28 PM
 #23

ADA was the good potential coin,many people had their investment in this coin.
(....)
ADA is already aged for me, on the early days, people were always telling me that ADA is the Ethereum killer even ADA before got still had no smart contracts compared to Ethereum.
If you take a look at Ethereum, it's really far. And another thing, if ever I will choose ADA, I instead go for other layer-1 chains with much new,  there are already a lot of new protocols now that are much better with ADA and already have a lot of projects involved.

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April 16, 2022, 01:15:19 PM
 #24

I have been and still invested in ADA for a long time, but I think that it is starting to die. With the days, we have not seen anything new in this currency. I also think that it has turned into a model that makes developers rich.

start from earning using stacking, more addresses generate more coins and more ada demand need to increase or price will go down with time

In general, if there is no real development in the coming months, then I withdraw most of my investment in it.


What if Cardano officially collaborated with Elon Musk?

Introduction:

A few days ago on Twitter there was quite a buzz about how Elon Musk plans to acquire Twitter shares and he opened a price of around $40 billion. He made this offer just before Thursday's interview at the TED conference in Vancouver, British Columbia. This offer is final, the reason he wants to buy Twitter stock is because he thinks:
Quote
Twitter is "the de facto town square," Musk said, adding that "it's very important that people have the reality and the perception that they can speak freely within the confines of the law." Twitter currently prohibits many types of content, including spam, threats of violence, sharing of personal information, and coordinated disinformation campaigns.

Musk argues that making Twitter private would allow more freedom of speech on the platform. “My strong intuitive feeling is that having a public platform that is maximally trustworthy and broadly inclusive is critical to the future of civilization,” he said during a TED interview. He also insisted that the algorithms Twitter uses to rank its content, deciding what hundreds of millions of users see on the service every day, should be public for users to audit.
https://www.nytimes.com/2022/04/15/business/twitter-poison-pill-elon-musk.html

Based on the description above, related to Cardano, this is certainly supported by the tweet of the founder of Cardano, Charles Hoskinson. Where on April 15 yesterday he said that if Elon Musk offer was rejected by Twitter, he would create decentralized social media with Elon Musk.



Meaning if that's the case, then do you think investing in Cardano is a good choice? Although I do not deny that the potential investment is value resilience without price manipulation. So I'm asking what do you think about this?

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Gayong88
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April 16, 2022, 01:35:38 PM
 #25

Yes. For now ADA has become an additional investment option for my portfolio and it is also a good investment, but if confused about what crypto to buy, just buy a good fundamental crypto that is still cheap in terms of market cap and technically still sideways below , the problem is that when the price goes up, no one can know for sure depending on the whale, so there are things like Ethereum that need a process like that.

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April 16, 2022, 01:42:00 PM
 #26

Yes ADA has a potential to become Ethereum in terms of slow development but with same marketcap? Hell no, They are very slow in there progress which is not healthy on blockchain competition. Blockchain project like Near, Solana, Matic and BSC are there rival with a huge number of Dapps already running and in position while ADA still has no useful dapps. ADA price is just a product of a hype due to therehuge funds for marketing. This project is good for nothing, No hate but there’s a lot of Blockchain project that’s better on this that deserves ADA spotlight.

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April 16, 2022, 01:56:47 PM
 #27

And speaking of Ethereum-like potential, it looks like ADA isn't ready to compete with Ethereum yet.
Why not? Cardano also supports smart contract and continue to build to support growing ecosystem its one of the tough competitor of eth for now, it only needs mass adoption like Eth where most projects like defi and nft are created, more developers must use Cardano inorder for them to become as popular as eth, in terms of price potential I think ADA is a good investment to hodl for years like ETH, BTC if you see it price history ADA price increase exponentially from its ICO price $0.002. 

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April 16, 2022, 02:01:12 PM
 #28

https://dappradar.com/rankings/protocol/ethereum   VS   https://cardanocrowd.com/dapps  Smiley
I don't see yet that CARDANO is a serious competitor for ethereum, but if it's not difficult for you, then name the decentralized exchange that you use and the wallet that is compatible with the ledger or Trezor.

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Fakhrulenclix
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April 16, 2022, 02:07:10 PM
 #29

ADA was the good potential coin,many people had their investment in this coin.When the price of bitcoin was crossed the value of 64.4K dollars.ADA price during the September 2021, had gave 150% of profit.The ADA was called as the new comers coin,new traders got huge profit from it.It’s my opinion towards ADA.Buying of ADA is based on your wish after the huge investigation about the coin.
ADA is still in good development and it continues to progress positively, the interest or trust of many people in the ADA coin makes its price soar even more, but if it is to compete with Ethereum I think it will not be easy and it will take a very long time.

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April 16, 2022, 02:20:09 PM
 #30

ADA was the good potential coin,many people had their investment in this coin.When the price of bitcoin was crossed the value of 64.4K dollars.ADA price during the September 2021, had gave 150% of profit.The ADA was called as the new comers coin,new traders got huge profit from it.It’s my opinion towards ADA.Buying of ADA is based on your wish after the huge investigation about the coin.
ADA is also one of the best cryptocurrencies on the market. We should make ADA a part of our portfolio to reduce the risk of potential but less noticeable coins. Either way, ADA is one of the best cryptocurrencies on the market. We should make ADA a part of our portfolio to reduce the risk of potential but less noticeable coins. However, the current ecosystem has not yet met users' expectations, so we can only hope for future development.
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April 16, 2022, 04:12:46 PM
 #31

ADA was the good potential coin,many people had their investment in this coin.When the price of bitcoin was crossed the value of 64.4K dollars.ADA price during the September 2021, had gave 150% of profit.The ADA was called as the new comers coin,new traders got huge profit from it.It’s my opinion towards ADA.Buying of ADA is based on your wish after the huge investigation about the coin.

I have heard this statement repeatedly, but recent times ADA hasn't really live up to the expectation that people have for it. The setbacks have been a serious concern, but anyway, they are still hanging there, among the top 10 and I think maybe time will be the determining factor, so let's not jump into hasty conclusion.

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April 16, 2022, 06:14:39 PM
 #32

I had the thought of using its competitors as a competitive target, but more and more I realize that it is just a narrow mindset because their development potential is always independent. There is no need to impose an issue between cryptocurrencies, as today the top coins all have a way of operating, creating an ecosystem that suits their direction. As for ADA so far, I still think it's at a potential level when we can easily see how popular they are in this space. Some of its ecological problems remain too simple to compare with leading platforms like ETH, BNB, DOT, AVA, etc. I myself am a long-term holder of this coin, I was also very happy when I was able to sell it and get a bit of a premium when the market bulls in 2021, but looking to the future, I'm also very optimistic about the future of ADA.
I agree that their "potential" is great and could be a big thing in the future but are we going to invest today for their future potential? I mean should we even do that? I personally feel like it is not going to be that easy and we should be calculating if they could fill that potential or not. I am not saying that they can't, but at the very least they may not be able to do something like that too easily.

This is why I feel like ADA is not something that could take up too much of my portfolio, because I do not believe they could reach their maximum potential. I get that you could have as high as 5% of your portfolio in ADA at max, but above that is not acceptable for me, but this is just me.
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April 16, 2022, 07:47:55 PM
 #33

ADA was the good potential coin,many people had their investment in this coin.When the price of bitcoin was crossed the value of 64.4K dollars.ADA price during the September 2021, had gave 150% of profit.The ADA was called as the new comers coin,new traders got huge profit from it.It’s my opinion towards ADA.Buying of ADA is based on your wish after the huge investigation about the coin.

ADA is one of the biggest crypto projects out there and this becomes pretty obvious just looking at the market cap. Currently Cardano is the 8th biggest project with a marketcap of more than 30 Billion USD. I don't follow the developments around Cardano to closely because i don't own any ADA myself but of course i also noticed that the price per ADA almost reached 3 dollars a few months ago once the timeline for the adding of the smart contract functionality became public. Now that this all happened it seems like the big hype around Cardano is over for now. Maybe the current price of below 1 dollar per ADA might also be a good entry point.
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April 16, 2022, 08:05:08 PM
 #34

ADA was the good potential coin,many people had their investment in this coin.When the price of bitcoin was crossed the value of 64.4K dollars.ADA price during the September 2021, had gave 150% of profit.The ADA was called as the new comers coin,new traders got huge profit from it.It’s my opinion towards ADA.Buying of ADA is based on your wish after the huge investigation about the coin.

ADA is one of the biggest crypto projects out there and this becomes pretty obvious just looking at the market cap. Currently Cardano is the 8th biggest project with a marketcap of more than 30 Billion USD. I don't follow the developments around Cardano to closely because i don't own any ADA myself but of course i also noticed that the price per ADA almost reached 3 dollars a few months ago once the timeline for the adding of the smart contract functionality became public. Now that this all happened it seems like the big hype around Cardano is over for now. Maybe the current price of below 1 dollar per ADA might also be a good entry point.


The chance for this coin is still pretty good, if you are eyeing for long-term investment the current value is below $1 and the last ATH is more than $3 once the market start to pump back this coin is one of those potential project that investors will add to their wallet. Accumulating decent numbers of coins while you still have a chance of picking those cheap coins around the market.

Best to conduct your deeper research and follow the development of this coin if you are going to invest.

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April 16, 2022, 09:13:02 PM
 #35


What if Cardano officially collaborated with Elon Musk?


I really think that Charles Hoskinson would have buid decentralized twitter already if he had figured out how. Because i can see ton of reasons for it to be centralized. Posting something and not be able to removing it could be very damaging in wrong hands.

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April 16, 2022, 10:10:47 PM
 #36

We can say yes to a certain extent but unfortunately Solana and Avalanche are dominating this segment together with Ethereum and not to mention Polygon, Fantom and Cronos that can grow even more. However, for ADA to resume high levels of the market, it will have to deliver significant new results to attract the market again. At the moment I don't see the possibility of ADA taking over the market and having big increases but everything is possible with a good investment of Whales.

Note* I write about projects that can do something for society. Now whether this will happen depends not on me, but on the project team. I'm just a writer... DYOR
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April 16, 2022, 10:15:18 PM
 #37

Currently many projects are incorporated in the ADA network system and while Defi and NFT are growing rapidly in Crypto so the ADA network is one of the platforms that provides a good space, however the price on ADA has peaked last year and now the price has fallen so deep that if we want to buy coins maybe now is the right time because the price has fallen quite deep. And speaking of Ethereum-like potential, it looks like ADA isn't ready to compete with Ethereum yet.

I wouldn't dare go invest on ADA anymore, I have waited for almost 4 years and all I got was a 30 percent lost. I did not know what to do with it anymore so I have converted it to Bitcoin rather than any other coins. Good thing I was able to get a 70 percent of my initial buy. If it was as they say, potentially in comparable with eth, how come it isn't worth the price like it should be. Well it is thousands of dollars worth each while ADA is lurking around a dollar and hardly moving on.

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April 16, 2022, 10:18:44 PM
 #38


I agree that others are growing stronger, I mean I do not know what cronos and fantom is doing right now. However, polygon, avax, sol all of them look like they are growing these days for sure. I get that ADA was third at one point and that is much better than all of the others and it was looking like it could have been even higher than BNB at that point. But looking back now, they failed the smart contract part and this is why its not getting any better because they failed at that. If they did the smart contract part perfectly and they actually got a ton of projects in their network, then we would have been talking about something much better for sure.

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April 16, 2022, 11:54:47 PM
 #39

No doubt but i have seen bunch of complaints about that. The movement was not so fast like another coin. The development that already promised were so slow compared with the progress that already made by solana or tera luna. This one is big but the development progress was not so good as its competitors in the market. I would like to call that if this is still over valued at this moment but when ada can come with better result from its development and i do believe this will be the same like ethereum.

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April 16, 2022, 11:58:15 PM
 #40

Currently many projects are incorporated in the ADA network system and while Defi and NFT are growing rapidly in Crypto so the ADA network is one of the platforms that provides a good space, however the price on ADA has peaked last year and now the price has fallen so deep that if we want to buy coins maybe now is the right time because the price has fallen quite deep. And speaking of Ethereum-like potential, it looks like ADA isn't ready to compete with Ethereum yet.

I wouldn't dare go invest on ADA anymore, I have waited for almost 4 years and all I got was a 30 percent lost. I did not know what to do with it anymore so I have converted it to Bitcoin rather than any other coins. Good thing I was able to get a 70 percent of my initial buy. If it was as they say, potentially in comparable with eth, how come it isn't worth the price like it should be. Well it is thousands of dollars worth each while ADA is lurking around a dollar and hardly moving on.

This is what people need to wake up since thinking about much on certain coins like this will just turn their hopes into dismay. I'm sure their past holders didn't get much believing it will get the same impact with ethereum, maybe it will take long because majority of investors are more focus on bitcoin and ethereum itself so I guess those people who continuous to hold will wait for more years before they can see the great changes on their portfolio's.

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