Is Cardano a steal at current prices ?

pajak666

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Quote from: beerlover on January 25, 2020, 12:15:16 AM

ADA has always been a developers favorite type of thing but they have failed the utility thing for years now and that is why they couldn't get any higher. They have to stop focusing on making the best coin possible in technology sense and should start focusing on what they can do to get ada accepted in many more places. If there is nowhere that accepts cardano ever, whats the point of having one? That is literally how people started to think, its cool to buy and sell but can I spend it as well?

If there is no spending, why would people buy it aside from as an investment, people are looking for coins that have other purposes than just buying and selling nowadays. Sure there could be some small time things I am not aware of but compared to big ones like btc, eth, eos so forth ada is not used at all.

Pretty much this. Adoption and real cases of people USING the coin is what's needed for growth. Retail play money is mostly gone already as tons of people gambled off their savings and won't do it again for the next few years. Besides of bubble aspect of cryptos which is kind of over now, there has to be a reason for people to hold them besides of speculation. Fiat is worthless right? Everybody knows that. But guess what, people want to have it (not always spend), so it keeps it value.

beerlover

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ADA has always been a developers favorite type of thing but they have failed the utility thing for years now and that is why they couldn't get any higher. They have to stop focusing on making the best coin possible in technology sense and should start focusing on what they can do to get ada accepted in many more places. If there is nowhere that accepts cardano ever, whats the point of having one? That is literally how people started to think, its cool to buy and sell but can I spend it as well?

If there is no spending, why would people buy it aside from as an investment, people are looking for coins that have other purposes than just buying and selling nowadays. Sure there could be some small time things I am not aware of but compared to big ones like btc, eth, eos so forth ada is not used at all.

Ahimoth

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Quote from: JeffBrad12 on January 24, 2020, 07:03:43 AM

Quote from: DosManos on January 21, 2020, 10:54:47 PM

Cardano looks good
it was a good time to buy it few days ago
but not too late now to make some profit mid and long term

a few days ago was not the best time to buy ADA as your portfolios when you are seeing bearish trend is happening right now. This must be the best time to buy ADA as when it was getting correction and it looks possible when we try to get the bottom price. I guess the recovery will be happening the next day. Just try to look at the current chart of crypto and a little bearish trend (correction) after the big bullish trend will be very. Just try to remind you bitcoin needs a few days to get more than 10% pump and that's enough to bring bitcoin to go back again above $9100

In order to have enough time to generate the right corrections, lets spend more time looking for bloody red chart updates. Never expect any good results for now, but have an options to see fair signs that bullish cannot be attain very easy. We're already immune by many predictions that doesn't come to reality, and basically I view it as a random guessing to which of those ideas will win in the end of the game.

Questat

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It reached over $1 because that was the time where the hype of the market is big time.
That was January 2018, the market are still at bull run at that time, and with the current price now, project looks like it's dying.

However, since its a major coin, it will not easily die, and that is evidenced by its trading volume now.
For me, there' a high chance it will pump even x10 at the current price, but it'll only happen as we return to bullish market again.

JeffBrad12

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Quote from: DosManos on January 21, 2020, 10:54:47 PM

Cardano looks good
it was a good time to buy it few days ago
but not too late now to make some profit mid and long term

a few days ago was not the best time to buy ADA as your portfolios when you are seeing bearish trend is happening right now. This must be the best time to buy ADA as when it was getting correction and it looks possible when we try to get the bottom price. I guess the recovery will be happening the next day. Just try to look at the current chart of crypto and a little bearish trend (correction) after the big bullish trend will be very. Just try to remind you bitcoin needs a few days to get more than 10% pump and that's enough to bring bitcoin to go back again above $9100

romero121

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Cardano gave an unexpected growth by the year 2017, later there isn't big progress in the price of cardano. Unlike any market movement consideration the present value is a perfect steal. More users have mentioned about the market getting sunk after investing. This happens with every cryptocurrency, and particularly with cardano we need more patience as it is much predicted to be a long term profiting asset.

coin_1122

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Quote from: killerfrost on January 22, 2020, 02:41:14 AM

In 2019, ADA is the most developed altcoin in this entire market. The ADA team has been working very hard and regularly updating their Github, but I still don't understand why the ADA's price doesn't go up as people expected. The current price is too low for ADA, I hope this year ADA will be pumped and its value must be 2-3 times higher than now.

I do have the same opinion with the ADA coin because we are seeing some strategic updates from them, which they have released their staking model which is in testing mode. In 2017, the price of ADA coin went nearly 1$ which seems to be a huge price for ADA, we might expect the volume of ADA coin will surely increase.

Thavash

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Quote from: o48o on January 22, 2020, 12:44:18 AM

Damn, it seems it was, good call op. I was waiting too long to get in, i just hope it retraces decent amount. Not going to fomo in anything at this point.

Still at 4.2c , if it goes up to $1.20 will be an excellent buy.

killerfrost

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In 2019, ADA is the most developed altcoin in this entire market. The ADA team has been working very hard and regularly updating their Github, but I still don't understand why the ADA's price doesn't go up as people expected. The current price is too low for ADA, I hope this year ADA will be pumped and its value must be 2-3 times higher than now.

o48o

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Quote from: Thavash on January 12, 2020, 01:28:53 PM

Cardano seems to be an ambitious project , and I know that it isn't really live yet , but its currently at about 3.5c ( and it did reach about $1.20 at the high ). So what do you guys think ?

Link : https://youtu.be/W8B9rYSAckY

Damn, it seems it was, good call op. I was waiting too long to get in, i just hope it retraces decent amount. Not going to fomo in anything at this point.

criket

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Quote from: DosManos on January 21, 2020, 10:54:47 PM

Cardano looks good
it was a good time to buy it few days ago
but not too late now to make some profit mid and long term

Cardano always had a good market. but when the market crashes it's really hard for an altcoin to grow. now the market has started to improve. of course, there are many expectations from the assets we have. but even though the market has improved it never hurts you to stay alert to the correction that can occur at any time. Determine your best assets.

DosManos

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Cardano looks good
it was a good time to buy it few days ago
but not too late now to make some profit mid and long term

Kelvinid

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Quote from: Thavash on January 12, 2020, 01:28:53 PM

Cardano seems to be an ambitious project , and I know that it isn't really live yet , but its currently at about 3.5c ( and it did reach about $1.20 at the high ). So what do you guys think ?

Link : https://youtu.be/W8B9rYSAckY

I've been investing and even use this coin for trading a long time before but I was fooled after seeing that its price is sinking badly compared to others.
This coin serves no assurance for ROI even you hold it for many years and most likely it belonged to the dead coins already. I think that only a few investors are still holding it now and having their hopes but I may say sorry cause I don't see a light coming to this coin instead, it remains at the dark side of crypto.

hello_good_sir

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I wouldn't say that it's a steal simply because there are so many other undervalued alts out there that are also severely below their long run means, but it's certainly very, very underappreciated imo.

It's one of the only projects that has some sort of academic credential. Even if that is used for hype - that's what speculators like in the long run.

And as you mentioned, the price is nowhere near the all time high despite the fact that we know that the all time high was constructed during a completely different time, where markets were much more bullish. But with the upcoming bull market, altcoins like these with good fundamentals will outperform those small caps anyday imo.

pixie85

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Quote from: KennyR on January 19, 2020, 09:39:23 AM

Cardano is a good investment of all time. The development isn't complete yet, just a single layer of development has gone live. More to get developed for the completion of the project. When the perfect outcome goes live surely it'll be growing good. For long term investors cardano is the right pick, surely it'll give a much higher profit.

They are going to fork so this could be a good idea to sell at the peak when people are stacking up to get the fork for free. I expect it will be the same with Cardano as it was with BCH before SV. It's going to pump before the fork and then dump right after as people try to sell both original Cardano and its fork.

matchi2011

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Quote from: KennyR on January 19, 2020, 09:39:23 AM

Cardano is a good investment of all time. The development isn't complete yet, just a single layer of development has gone live. More to get developed for the completion of the project. When the perfect outcome goes live surely it'll be growing good. For long term investors cardano is the right pick, surely it'll give a much higher profit.

If you go deeper and actively monitor the progress of this project you'll be able to get the hints to make a good timing to buy Cardano or even other coins that you are planning to invest your money. It's difficult for anyone to assumed if they don't have any knowledge about the project that they are working with.

KennyR

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Cardano is a good investment of all time. The development isn't complete yet, just a single layer of development has gone live. More to get developed for the completion of the project. When the perfect outcome goes live surely it'll be growing good. For long term investors cardano is the right pick, surely it'll give a much higher profit.

TinaK

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Quote from: Thavash on January 12, 2020, 01:28:53 PM

Cardano seems to be an ambitious project , and I know that it isn't really live yet , but its currently at about 3.5c ( and it did reach about $1.20 at the high ). So what do you guys think ?

Link : https://youtu.be/W8B9rYSAckY

Price of cardano is not bumped when the time every cryptocurrencies was peak in 2017. That time also market place value good but cardano not hyped also. I am not sure what is the reason but this is one of toughest contender for ETH and neo in smart contract field.

nekonyun

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in my opinion cardano is not very popular and in the cardano project it is not very attractive to investors so the ADA coin will not rise high like other coins

pajak666

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Chart looks very bullish. If EOS can be so popular why can't ADA? it is soon gonna grow a little but hard to predict how far will the move take it. As long as we don't have a strong community that works together it will be very hard to compete with other similar projects. I am sure it will get there eventually but this has to be a steady growth led by devoted developers team. If people lose faith in a project the fear gets escalated really quickly in crypto.

Topic: Is Cardano a steal at current prices ? (Read 793 times)