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Author Topic: Opinion on Cardano  (Read 1283 times)
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October 26, 2023, 11:36:39 AM
 #81

It has a very loyal community, some might say cult. I’m not a fan, I don’t think you would lose money if you bought now because it will follow bitcoin & other major alts to new all time highs in the next year or two. I don’t think it has much long term utility though so I’d rather just stick with bitcoin & ethereum.

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October 26, 2023, 11:58:54 AM
 #82

From the very beginning, Charles Hoskinson wanted to come up with a cryptocurrency for a corporate segment with all the regulations, but he didn’t succeed. But the coin had a good pump, and now we need to wait until disappointed investors sell their assets again. This can be repeated for a long time until the regulator begins an investigation.

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October 28, 2023, 09:38:45 AM
 #83

From the very beginning, Charles Hoskinson wanted to come up with a cryptocurrency for a corporate segment with all the regulations, but he didn’t succeed. But the coin had a good pump, and now we need to wait until disappointed investors sell their assets again. This can be repeated for a long time until the regulator begins an investigation.
Honestly, not that it is "failed", we could say it hasn't succeeded just yet, but it is not like they gave up and they are still trying. One thing I can tell about ADA is that they are hard working people and they are trying to make their best and they are using the most of their developers without a doubt, this doesn't guarantee any success but they are at least working on it.

In a world where every crypto project creator just want your money with as little work as possible, them trying to make it work even after the funding process is over and they got their money ,is a great achievement. Normally most projects get your money and then stop working all together and tell you to go do their marketing for them if we want it go up.

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October 30, 2023, 04:28:14 AM
 #84

Well there is going to be a global blockchain event in Dubai. Cardano Summit 2023 is going to begin this week, there is not many projects with so much support from community to hold big events like this. 

https://www.prnewswire.com/news-releases/cardano-summit-2023-cardano-spot-reports-live-from-dubai-301969578.html

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November 01, 2023, 08:11:17 AM
 #85

Well there is going to be a global blockchain event in Dubai. Cardano Summit 2023 is going to begin this week, there is not many projects with so much support from community to hold big events like this. 

https://www.prnewswire.com/news-releases/cardano-summit-2023-cardano-spot-reports-live-from-dubai-301969578.html

sad part of this cardano is that its never getting any developers support to create an exiting game for the masses. it will only get massive support if the token gsts a higher value like ETH.

a token with high value attracts developer. one possibility that would happen soon is that SOL will have that attention from developers and SOL will outrank ADA.

it will take several bull market cycle for ADA to achieve that price. it could be on 2030 thats a long wait really while this token can be pulled down from its rank like the rest of the L1 protocol.

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November 01, 2023, 12:16:36 PM
 #86

It has a very loyal community, some might say cult. I’m not a fan, I don’t think you would lose money if you bought now because it will follow bitcoin & other major alts to new all time highs in the next year or two. I don’t think it has much long term utility though so I’d rather just stick with bitcoin & ethereum.
I've experience and knows specifically what I'm going to expects from the system. Cryptocurrency is a broad system were there are presence of dump and good projects, we ought to thoroughly scout good projects that will generate good profits. Cardano is a prominent project in the system, it's have some good numbers of investors which are planning impressive strategies to yield profits in thesystem. Cardano can not be compared to Bitcoin and Ethereum because these projects have long existed in the system and we are open to reaping significant profits from this investment.

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November 02, 2023, 01:25:21 PM
 #87

It has a very loyal community, some might say cult. I’m not a fan, I don’t think you would lose money if you bought now because it will follow bitcoin & other major alts to new all time highs in the next year or two. I don’t think it has much long term utility though so I’d rather just stick with bitcoin & ethereum.
I've experience and knows specifically what I'm going to expects from the system. Cryptocurrency is a broad system were there are presence of dump and good projects, we ought to thoroughly scout good projects that will generate good profits. Cardano is a prominent project in the system, it's have some good numbers of investors which are planning impressive strategies to yield profits in thesystem. Cardano can not be compared to Bitcoin and Ethereum because these projects have long existed in the system and we are open to reaping significant profits from this investment.
I could remember project like Banana that was bumming then with good momentum when the price of Bitcoin skyrocket many months back. Now many of the coins like Banana are not active again and I don't know if the coin is still functioning till now. There are some altcoins projects we don't need to hold for too long looking at how many strong projects that to was going well in the market before have gone to non existence. We need to put our money on project that would last long but sometimes it might be difficult to know what project is going to survive for a longer time in the market.

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November 02, 2023, 02:34:13 PM
Last edit: November 02, 2023, 03:14:32 PM by Sayeds56
 #88

Guys, I wanted to get your opinion on Cardano. I've heard a lot of good things about this cryptocurrency, I'd like to hear your opinion as well. Thanks.

Cardano (ADA) is one of the prominent  block chains of crypto currencies, designed to work on proof of stake (POS) concept. Previously, during the period of 2020 to 2022 it has been largely discussed in crypto communities as potential alternative of Ethereum, however it is worth noting that Cardano has made significant progress, its network capabilities and number of applications it supports is far behind Ethereum and Solana networks. Currently, it is trading around $0.30 which looks attractive in perspective of its All Time high (ATH) that exceeded US Dollar 2. Hopefully, it can perform well in the next bull run.

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November 02, 2023, 04:11:05 PM
 #89

From the very beginning, Charles Hoskinson wanted to come up with a cryptocurrency for a corporate segment with all the regulations, but he didn’t succeed. But the coin had a good pump, and now we need to wait until disappointed investors sell their assets again. This can be repeated for a long time until the regulator begins an investigation.

For me Cardano is not a realistic project. In my opinion, Charles, as the founder of Cardano, is too perfectionist, idealistic and stubborn. How can Cardano penetrate the regulations of various countries with Charles's non-dynamic character?
In terms of coin prices, it also looks unconvincing, never increasing convincingly.

 
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November 07, 2023, 06:51:08 AM
 #90

Well at the Cardano Summit 2023 in Dubai Cardano foudner Charles Hoskinson had good things to say about it. He said it is cause of Cardano that the blockchain has made advances and progress in the crypto.

He then talked about all the achievements Cardano has made. Then called the Cardano network the 'root of trust'. https://bitcoinist.com/cardano-founder-crypto-trust/

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November 07, 2023, 08:20:59 AM
 #91

For me Cardano is not a realistic project. In my opinion, Charles, as the founder of Cardano, is too perfectionist, idealistic and stubborn. How can Cardano penetrate the regulations of various countries with Charles's non-dynamic character?
In terms of coin prices, it also looks unconvincing, never increasing convincingly.
I understand your point about Cardano and its founder Charles. It is true that Charles has been known for his perfectionist. However it is important to consider that his dedication and attention  also played a significant role in Cardano development.
Exactly this coin didn't gain much in the past but it has potential the team is trying to improve it. And I think if Bull Run will start so Cardano can go above $5 easily. This is not a financial advice this is a prediction which can be true.

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November 07, 2023, 05:40:42 PM
 #92

Cardano is a good coin and there is a hope that in coming Bull run the price of Cardano will go more up. Every individual who have some Cardano will be easily get profit from it as halving is coming very soon so in such period not only bitcoin but all other coins will become higher in price. I am not saying that it is so successful like that of Ethereum and bitcoin but still it is a better coin than many other coins. There is no new information related to Cardano is heard by anyone so we don't know what will be next worth of it but as halving become near it will go in same position as other successful coins.

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November 07, 2023, 10:52:08 PM
 #93

Although I don't like this coin, it looks like it has been built already and there's the stability that it has got. With that status on the market, it's likely to stay for long.
If you want to buy it and got some plans of owning for a long time. I advise you to keep updated and read a lot of things about it because if you don't do so, you're holding something you don't know and that's not recommended.
And as I have said with this status, it's unlikely to go with a lower rank on this market unless some big negative news comes out.

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November 07, 2023, 11:43:11 PM
 #94

Although I don't like this coin, it looks like it has been built already and there's the stability that it has got. With that status on the market, it's likely to stay for long.
If you want to buy it and got some plans of owning for a long time. I advise you to keep updated and read a lot of things about it because if you don't do so, you're holding something you don't know and that's not recommended.
And as I have said with this status, it's unlikely to go with a lower rank on this market unless some big negative news comes out.
this coin has been climbing up smoothly from the very bottom but if we see from the longer time frame its still so far from all time high. just like any other coin basically so I think i agree that this coin might just grow from here on even better when bullish market settles in.
the only thing that holding me back from investing in cardano though, it seems overshadowed by some other altcoin, even newer ones, right now i've never heard anyone investing in cardano that often anymore.
more and more people just prefer newly emerging coin and just stick with that, the old smart contract coins might be having hard time this bullrun around in increasing its own value.
thats why I guess i would still try to invest where the money flows in, basically all these new emerging blockchains that propose newer technology.

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November 07, 2023, 11:50:54 PM
 #95

Although I don't like this coin, it looks like it has been built already and there's the stability that it has got. With that status on the market, it's likely to stay for long.
If you want to buy it and got some plans of owning for a long time. I advise you to keep updated and read a lot of things about it because if you don't do so, you're holding something you don't know and that's not recommended.
And as I have said with this status, it's unlikely to go with a lower rank on this market unless some big negative news comes out.
this coin has been climbing up smoothly from the very bottom but if we see from the longer time frame its still so far from all time high. just like any other coin basically so I think i agree that this coin might just grow from here on even better when bullish market settles in.
the only thing that holding me back from investing in cardano though, it seems overshadowed by some other altcoin, even newer ones, right now i've never heard anyone investing in cardano that often anymore.
more and more people just prefer newly emerging coin and just stick with that, the old smart contract coins might be having hard time this bullrun around in increasing its own value.
There are other coins that seem to be better from it but even with that, we see that once a coin has been stable and has got the back from its people, no matter what new features from these new projects has. They won't just abandon the project.

thats why I guess i would still try to invest where the money flows in, basically all these new emerging blockchains that propose newer technology.
They propose new technology where in fact that there's nothing really new from most of them. They are just like bunch of new projects with new names but the same purpose from the older ones.

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November 08, 2023, 01:36:42 AM
 #96

Cardano is a good coin and there is a hope that in coming Bull run the price of Cardano will go more up. Every individual who have some Cardano will be easily get profit from it as halving is coming very soon so in such period not only bitcoin but all other coins will become higher in price. I am not saying that it is so successful like that of Ethereum and bitcoin but still it is a better coin than many other coins. There is no new information related to Cardano is heard by anyone so we don't know what will be next worth of it but as halving become near it will go in same position as other successful coins.
For me, Cardano is slowly dying because of a new alternative to Ethereum, which is the layer-2 networks. With these new networks that can have smart contracts, this old Cardano project for me will die. For me, price manipulation is only making this project have in high market cap, but the real use of this project is nothing compared to other projects.

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November 21, 2023, 08:18:52 AM
 #97

This month Cardano is going to launch a new privacy token on mainnet called Encoins. The protocol is for secure encrypted transactions using zero knowledge proofs on the ADA blockchain.

https://thecryptobasic.com/2023/11/20/cardano-to-welcome-first-privacy-token-protocol-this-month/

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November 21, 2023, 08:44:54 AM
 #98

I don't have a specific opinion about the details and development for the ADA project, I just see the price and when the brands will wake up from their sleep. but from some of my previous experiences, ADA goes up usually after automatic, but is this year different, first there is then automatic, I'm waiting too, and BNB has started it.

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November 21, 2023, 07:28:35 PM
 #99

Cardano is one of the best altcoin in the cryptocurrency market aiming to provide a more secure and scalable blockchain and smart contract platform. It has a good concept with lots of potentials in the crypto-market .Think it is one of the best project one can keep notes on .

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November 21, 2023, 07:36:33 PM
 #100

Guys, I wanted to get your opinion on Cardano. I've heard a lot of good things about this cryptocurrency, I'd like to hear your opinion as well. Thanks.

The only positive thing I see about ada is that they have a strong supportive community that obeys their founder religiously. Cardano is a blockchain and how many projects do you see built on it? What they are doing is controlling the price of the coin and spreading falsely positive news about the project. Last year they were trying to launch a stable coin in cardano i think and what happened to that initiative? Why are we not hearing about that anymore in the industry? Cardano has a supportive community and their tech can be top notch but their achievements till now are not significant Expect big words from their founder.
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