On Tuesday, February 6, the Solana network shut down again after nearly a year of stable operation. This is the 11th outage in the past 2 years. Perhaps users and investors are too familiar with this "incident", after 5 hours everything has returned to stability^[1].

Blockchain is a decentralized network that operates 24/7/365. Blockchain downtime is an extremely serious problem for users. This problem has existed for a long time and continues to need the Solana team to research and find a solution^[2].

What surprised me was not that the Solana network shut down, but that the SOL token price was not negatively affected by this bad news.

On the SOL token price chart, we do not have a serious decline, even at the moment, SOL token is already traded at over 100 USD.


This makes me feel that technology, which is heavily advertised by projects, is actually just one of many ways to market. Technology is only a part of supporting the price chart, technology does not have a direct impact on price. Technology does not determine token price fluctuations!

Ultimately, despite the extremely heated debate with each other about the technology of projects in the market, investors participate in the crypto market to seek profits. As long as the token increases in price and generates profits, that token is considered good, potential, and worth investing in. Blockchain stability is not too important to investors, only a very few investors actually use blockchain. If so, it is just an investment action to make a profit, not to solve an irreplaceable need of life.

For comparison, the EOS network has very good technology and has been operating stably for 2064 days, no downtime, no problems as Solana, but the EOS token price has divided 31 times compared to the 2018 peak. It is a bad choice for investment!


I want to hear your opinion on this issue:

• Are you entering the crypto market to pursue technology or profit?
• For you, is the project's technology important to the investment decision?

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References:
[1] Solana Back Up Following Major 5-Hour Outage
[2] Solana Struggles: Understanding the Network’s Recent Outages

its all about hypes when investing in altcoin, solana outage was not even a concern for majority of people that uses solana, they just waited it out and are not willing to dump their coin into the market just because the outage they sees it as something ordinary in solana since it has happened many times already.
if we compare with other blockchain that are top 50 at least, of course the uptime of solana looks ridiculous, how can a blockchain ran by many validators could suddenly froze but turns out the culprit was on the system itself and solana has finally released patch and those that don't upgrade will lose delegation.
for me though personally i like to speculate so i often disregard the technology, but at least it should be at least good enough though not really bad technology or trying to recycle old projects.

Basically Solana came to solve the problem of scalability, and they have proven that, to date, nothing can beat the scalability of the Solana blockchain. EOS has 4K TPS while Solana has 24K TPS, this is a noticeable difference. Apart from that, Solana also has real products such as Solana Saga .


100% for profit


Yes, that's the most important thing for me, technology is everything in crypto side, projects that succeed in creating new technology will be game changers, and that will make MC move to these game changing projects. My main orientation is profit, but that doesn't mean I don't think about technology, because that's where I make the decision to invest or not in a project.

Both.

But not all projects deal with good technology because there are times that it's not about it but how profitable they are. And many are going to agree with that as majority here are not really for the tech but for the money.

It is.

Because that's the reason why that project was made and without such, what are you going to look at for that project if they don't have the technology? Unless they've got their own community already and whatever the devs throw to their people, it doesn't matter to them.

The presence of technology is an advantage for making an investment decision, but is not a predetermining (sole) factor. Even those projects that are technologically nothing can be profitable (other projects may have advantages). Take dogecoin for example. Thanks to hype alone, this project became popular, although it was created as a joke coin. Sometimes the cryptomarket self-regulates in strange ways.

I am firmly convinced that the majority, after all, enter this cryptomarket for profit, first and foremost. And the technological feature comes as a nice bonus.

It may also turn out that society is not yet ready for this or that technology, and then the project turns out to be unprofitable, having failed to interest investors or implement its plans. I've had bad experiences where I thought a project with technology would be profitable. Now I am inclined to believe that the industry is more like a lottery, where only chance can help you draw a lucky ticket (in terms of profitability) and relying on technology when making a choice is inappropriate.

If you are a vissionary then might go for a couple of projects with involve high and good technology. But for an investor, I dont think that matter as long as the mcap when he bought would be double or increase in profits thats more important to them. Well for a none fundamental based users its only the figure of possible profits are the most important part. However there are people who solely invest on the tech side and eventually wanted to use the platform aside feom investing on it.

That's a good question and if you look at the current market situation there are a lot of coins/tokens that are on top that don't deserve to be there, because of hype and how they market their coins/tokens, the technology is just a copy of existing of other platforms, investors love to see a profit on their investment because not all coins they are investing will yield them profit, they have to pick that's getting the hype because there's an outpouring of investors on these projects.
I have experience investing in projects with innovative technology but the project is moving slowly, copycat projects are beating them because of the hype and it attracts a lot of investors.
I like to invest in a new technology with usability but it's a long-term investment you'll have to wait to see the fruit of your investment, which is why it's attractive to invest in a project that thrives on hype.
I diversify my investment on these two typer of coins, technology-based and coins with potential of profit

1. I am entering for both. I don’t think there’s anyone who would say that they hate technology when this is what has made the world more interesting.

2. Definitely! In fact, the technology of the project is the first thing that I take into consideration. I am fond of asking what blockchain the project is on, why they are in that blockchain, along with question as to why they even built the project and see if they are achieving that mission. IMO, That’s the way you know if you’ll invest in a project and how much you should invest.

That's right, I really agree with what you said, technology is indeed important, but the trust of people or the community is much more important because they still trust and use Solana, even though Solana has recently had problems, they are still solid and don't believe it. I'm really amazed by that.

Its that in the crypto world, making money tends to grab more attention than geeking out on tech details. Even when the Solana network had its hiccup, the SOL token didn't seem bothered, trading over 100 USD. It shows that for many investors, it's all about the green and occasional tech glitches take a back seat and of course tech matters but the market's vibe is more profit-driven. Striking a balance between understanding a project's tech and its moneymaking potential is the sweet spot for savvy crypto investors