/biz/ - Business & Finance

>>7763078
I used to think he was a hoaxer but watching his talks on YouTube I realized the guy is genuinely autistic and he obviously thinks about crypto and economics a lot. As you all know, autists can't lie.

>>6373640
I'm just larping. Hahaha.

>>5669398
Top kek post. Welcome new friend. 95% of Cardano ico participants were Japanese. The other 5% is in exchanges. Most Japanese investors keep their ada in private wallets.

Why haven't the Japanese dumped their coins? It's simple. Ada is only available on bittrex and and binance, which aren't popular among the Japanese. Japanese people trade on Japanese exchanges.

Who are those Japanese investors? Great question. It seems that most were normies without any expertise in crypto. Cardano held its ico in 2015. Ada coin took two fucking years to appear on bittrex, leading many to think that Cardano was a scam. My guess is that most investors don't even know yet that Ada can be traded. Once they figure this out, it's going to be a shitshow. People will dump massively. The supply in exchanges will increase 5x and the price will drop proportionally to the supply increase.

It's not a bubble. It's a technological shift.

Blblblblblblbl ah ah VERGE!