Cardano like many other younger coins have their shortcomings market-wise.
First of all they came at a time where it was a one way road to be part of the bubble. So the all time high price point for young altcoins is very disproportionate to their history.
Cardano in specific is right now number 8 by market capitalization among cryptos, but has the lowest volumes among the top 8. Certainly not a great sign. Makes you wonder how much of the price is artificial.
By the ATH also being so much further from current prices, there's a lot of selling pressure. So any price rise is probably very fragile.
Whether or not it's the year of Cardano this year will depend on how many of their promises they delivered. Actual usage would surely be a feat. But that doesn't guarantee a price rise for sure.
Topic: Why is Cardano so ignored on Bitcointalk? 2020 will be the year for Cardano! - page 5. (Read 942 times)
July 07, 2020, 02:29:25 AM
July 07, 2020, 02:08:40 AM
If it is ignored, I'll not see a thread that asks about it. But I've seen a topic about Cardano several times so it's not actually ignored on the forum. As for the bashing, you can't please everyone and we have our own investments that we like and others don't.
Use the search with magnifying glass icon on the top right and search for those cardano topics.
I'm sure you'll see them and glad to join those most recent topics.
Use the search with magnifying glass icon on the top right and search for those cardano topics.
I'm sure you'll see them and glad to join those most recent topics.
July 07, 2020, 12:31:01 AM
Is there a reason why Cardano is so ignored on Bitcointalk.org and even bashed by times? I have done years of research and picked Cardano among a number of other altcoins to invest in and was never worried of "failing deadlines", a "narcistic Charles Hoskinson" or "no use-cases but only a wallet" statements.
Ask yourself the question, why would one invest in something? The golden rule regarding investing in something is that it is (or should be) able to add value to the current value of it, e.g. stocks, real estate, commodities, etc, etc)
Investing or speculating in an altcoin is a highly risky investment with on the other side a potential enormous reward. Mass adoption is still not the case and it will take years before some adoption from the wider public and more investments from institutional investors will drive up the prices of some altcions. Eventually only altcoins with the best tech, best use cases and best marketing will survive and will work together with companies, governments, banks, etc, when it comes to adoption and the value of these altcoins will rise dramatically.
So, now Cardano. Why is this project/altcoin so ignored while it
- has argumently the best underlying tech of all altcoins including one of the most TPS
- is peer-reviewed by the highest standards so every product roll-out will be flawless as possible
- is finally delivering in 2020 (Shelly, partnerships, possibilty of creating smart contracts, etc)
- is rolling out marketing end of 2020
Is it really beacuase Charles Hoskinson left Ethereum and started Cardano and this sub is Ethereum minded?
Don't miss the opportunity when you missed the bitcoin train; Cardano has a good chance to become the new standard for crypto technology and adaption by DEFI's and smart contracts.
Ask yourself the question, why would one invest in something? The golden rule regarding investing in something is that it is (or should be) able to add value to the current value of it, e.g. stocks, real estate, commodities, etc, etc)
Investing or speculating in an altcoin is a highly risky investment with on the other side a potential enormous reward. Mass adoption is still not the case and it will take years before some adoption from the wider public and more investments from institutional investors will drive up the prices of some altcions. Eventually only altcoins with the best tech, best use cases and best marketing will survive and will work together with companies, governments, banks, etc, when it comes to adoption and the value of these altcoins will rise dramatically.
So, now Cardano. Why is this project/altcoin so ignored while it
- has argumently the best underlying tech of all altcoins including one of the most TPS
- is peer-reviewed by the highest standards so every product roll-out will be flawless as possible
- is finally delivering in 2020 (Shelly, partnerships, possibilty of creating smart contracts, etc)
- is rolling out marketing end of 2020
Is it really beacuase Charles Hoskinson left Ethereum and started Cardano and this sub is Ethereum minded?
Don't miss the opportunity when you missed the bitcoin train; Cardano has a good chance to become the new standard for crypto technology and adaption by DEFI's and smart contracts.
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