Topic: I think Cardano is highly undervalued right now (Read 465 times)

It is still too early to say that Cardano can't complete with EOS or ETH. The roadmap of ADA is very long and go step by step steadily. So, this is a coin which need a lot of patience

Cardano does not attract people because they were able to draw attention to themselves in time. And now they just use their name. In general, Cardano is a strong cryptocurrency but it can not compete with the big giants of the crypto industry like IOS and ETH. These blockchains have their own platforms and great community support. As Cardano does not have any promising applications. Cardano is a currency for speculation and no more.

Yeah I got in a little over a month ago at $.03 and people were calling me an idiot for not selling at $.13 haha! Still hodling!

Kidding? I think Cardano is the most overvalued coin right now, no coin worths $10B when it has just started. It will dump, it is inevitable.

I like the coin but, the question its , when should buy? it already rise a lot , should wait for some correction?

Looks to be performing really well, someone posted about 2000% gains with his investment in cardano, there are a few more similar new blockchains coming up like Aion, Universa etc i think they will moon as well.

3 simple concepts that this 3rd gen crypto aims to solve.

Scalability. This means being able to scale the blockchain which means processing more transactions without violating anything that disrupts the security or inefficiency of the chain. Bitcoin and Ethereum cannot do that right now. There is too much demand in the world for those right now. They want to ensure they stay scalability, working towards that around the clock.

Interoperability. This means being able to interact and communicate with other blockchains. This could be done from a few different technologies such as side chains and atomic swaps. They want communication with different cryptocurrencies. Cryptocurrencies should be able to talk to each other and transact which is what they are trying to solve.

Sustainability. This means to implement a system of governance. Cardano wants to work towards building a governance system to engage the community and allow us to dictate policies and changes for the project.

Some Pros of Cardano. I have many more in the actual analysis

- Cardano takes their concepts and ideas and puts them through peer review. You can see their academic papers on their website. These academic papers are peer-reviewed at university level by people who are experts in this field. This shows Cardano is highly mature and much more respectable in the crypto field.

- The development team consists of a large global collective of expert engineers and researchers. They have a very well-formed team with solid core principles with a long list of developers and engineers working on this project. There are very accredited individuals who work within the blockchain space.

- Cardano has not been trying to market themselves. They didn't create any ads such as 95% of the ICOs on the market right now.

Full analysis: https://cryptocolumn.com/cardano-analysis/

I’m a big fan of Cardano, but don’t think we’ll see more upward movement until it starts to go online; begin staking at the least. In 2018, I would say 1USD may not be so unrealistic.