/biz/ - Business & Finance

You know how I know you fags aren't gonna make it, because you never talk about ADA.

Keep your Linkies and stay poor

Biz, where do you see Ada in 6 months?

Goddamn $0.35 stablecoin.

Somebody convince me not to swap this for something else.

What's the suicide stack of pic related?

I doubt anyone will listen, and frankly, I don't blame you. The signal to noise ratio on this board is fucking abysmal.

That said, despite Cardano having a massive market cap, the potential here during the next bull run is incredible. The meme for Cardano naysayers is that they don't release anything, it's vaporware, only a white paper, etc etc.

I'm here to debunk that for those outside the know.
Their proof of stake algo has been running for months, 68% of the blocks are being produced by users. This percentage increases by 2% per 5 days, hence, in roughly 80 days, the network will be entirely decentralized. You can expect a consistent minimum of 5% APY for delegating your stake.

Cardano has the unique capability to hard fork without splitting in to two separate tokens. This means that Cardano is the only top blockchain that can implement major protocol upgrades without fragmenting the investor-base.

Time-locking functionality was implemented TODAY, that means that rudimentary smart contracts are officially supported. To come are "Native Tokens" in February. These are a superior equivalent to ERC-20 tokens that can be traded in token bundles, massively decreasing the network load from the DEXs that will inevitably be a part of the network. This means significantly lower gas fees, making so many more uses of the network actually viable.

The treasury system in place is activating now as well, thanks to the new time-locking function. Stakers on the network can vote through the "Catalyst" voting app, opting for which proposed project receives funding for the betterment of the network.

So, there's my pitch, Cardano is a fantastic project that goes completely neglected on this board. If you're chasing some penny-stock bullshit and looking for a 100x, maybe it's the wrong place, but if you want something that has legitimate potential to usurp Ethereum in terms of technology and market cap in the NEAR FUTURE, then look no further.

Tell me why this coin is bad and do it without saying something about how the creator is a basedboy, we all already know that.

The first mainnet staking rewards just went out, how much did you make /biz/?

what were the pre-sale and public sale prices?
just wondering how far down we can go...

What's up with Cardano? is it a good time to buy?

I don’t have many, but is this good long term? Seems like it could be to me, but I’m also half retarded.

Cardano on coinbase

Today at #Cardano2020 we announced IOHK has signed a custody agreement with Coinbase for #Cardano.

As of Q4 this year, ada holders will be able to store their assets in Coinbase Custody’s institutional-grade, battle-tested cold storage, whilst also maintaining the ability to delegate their stake.

Coinbase Custody is the first solution to be able to offer staking, whilst keeping assets securely stored in cold wallets.

This custody agreement allows us to offer the same secure storage solutions that can be found in traditional finance to ada holders, without sacrificing what makes Proof of Stake blockchains special - being able to participate in the network.
More news soon...

https://twitter.com/IOHKMedia/status/1279051502733189122

Disgruntled Fantom bagholder here. Tired of putting faith in a team that can’t deliver on promises or abide by their own timelines. Redpill me on Cardano. Are they actually able to deliver on what they promise?

What the fuck /biz/? I started staking my cardano this week (yeah I missed the announcement months ago) and still haven't earned any money. Is this a scam?

buy the fuck out of it at $.065 - .07
won't go lower than that

I'm planning to sell some coins off and go into Cardano. Which ones to sell

LINK 79%
BSV 5.19%
BTC 3.76%
NEO 1.75%
BAT 1.37%
ETH 1.2%
LTC 1.17%
XMR 1%
ADA 0.98%
BCH 0.78%
XLM 0.73%
BNB 0.58%
VET 0.38%
ICX 0.38%
QNT 0.34%
REQ 0.31%
NANO 0.31%
TRX 0.26%
OMG 0.16%
HPB 0.14%
WAN 0.13%

Why did we fall below Tezos? Charles literally made a post about being in the top 10 (where we belong) and then the price crashed.. wtf???

Actual best chance at a moonshot

Can someone explain what this shit actually does? Like what the fuck are they even doing? Is this some project that is going to be done in 2030 or something? Who is buying this and muh peer reviewed

Is it dead?

Why we dumping bros? No one cares about Shelly and staking anymore?

wowowo what do we have here?

>Given that we intend on supporting trusted hardware in our protocol stack, we have chosen to explore adding support for Professor Ari Juel et al.’s Town Crier Protocol.
https://whycardano.com/interoperability/

imagine not buying cardano in 2019 lmao

Coinbase will start trading me in the next 24/48 hours

You have been warned biz