/biz/ - Business & Finance

>>25214331
It allows Hoskinson to sleep with prostitutes. I am not even joking.

>>25214331

Everything every other blockchain claims to do, but better. It will break ATH with final release of Goguen components in Q1 2021 and probably be nearing $3-5 eoy

>>25214360
This also shits on eth in ever possible way tech wise.
Problem is it's a long term hold and this is a pump and dump board.

>>25214331
It's the Reddit coin but it's actually a good project IMO. Some people think it will replace Ethereum. It's the number 4 coin by market cap I believe.
>>25214360
Pretty sure he doesn't sell any ADA. He has tons of BTC and ETH from back in the day. Guy's a multibillionaire even without ADA, how much can a hooker cost?

>>25214331
download the yaroi wallet and start staking. Forget about it in the short term

>>25214331
my boi, you did a smart thing . this shit will fly to ATH

Cardano isn't even listed on Coinbase is it?
How the fuck could Coinbase not offer a top 5 coin?

>>25214331
number go up

>>25214550
It is a piece of shit

> itt. delusional morons

>>25214331
>wtf does it do
Right now, not much. It's like proof of stake bitcoin. Very soon there will be smart contracts and native assets.

>>25214600
haha

>>25214734
already have smart contracts. you can write code if you know how. its actually very easy on cardano. google Marlowe playground.

>>25214331
misses deadlines by years
feckall
lost to eth 3 years ago
it lost to eth...
let that sink in
slow, unscalable, expensive as hell eth
it's promise was to beat eth to the punch
eth is already on eth2.0 & ada is still running around with its pants around its ankles looking for toilet paper
"no future" -j.lydon

>>25214550
68% decentralized. March 100% after that coinbase

>>25214830
I know, but they are not running on mainnet yet. KEVM is live on dev net right now. In 1-3 months, Goguen will be live on mainnet.

Hits 16.5 cents in a bullrun and crashes back to 15c.

Absolute Shitcoin, XRP level delusion

A poor man's ALGO.

>>25214986
how much work is it to copy a smart contact from ETH to ADA

>>25214331
Nothing some old kook used it to scam for a few years but it will never launch. It’s like $ONE but even less compatible with everything that already exists. Basically some retard narcissist thought he could rebuild crypto, but now he is losing all the money he scammed so it will likely shut down soon.

>>25214550
Cuz it’s a scam riddles with drama and it never delivered on a single promise.

>>25214877
>it lost to eth...
It beat ETH 2.0 to staking. ETH 2.0 requires you tokens to be LOCKED UP (yikes)
>locking you tokens in a bullmarket
It will beat ETH 2.0 to smart contracts

>>25214550
they will list it now, i think they waited for the next bull run to pump it more. also they work on something else together because Charles had to sign some papers to be quiet abotu coinbase nad cardano.

>>25215119
I wouldn't know, not a dev. For users it's just a click of a button with the ERC-20 converter.

>>25215119
Click of a button with the erc 20 converter pahahha

>>25215314

You get better Return on your investment buying low Market Cap Defi shit-coins on Uniswap than buying this over hyped garbage.

"When Shelley" was the first Meme checkpoint and all it did was hit 16 cents.

What is going to be the "Just wait" Phrase in two months when Cardano finally gets smart contracts (like everybody else already has) then pumps to 21 cents then does nothing.

>>25215314
>wut is eth (1.0)
go steal a bike jamal

>>25214331
this is the thought process I imagine most ADA buyers to have

>>25215497
Why make ETH 2.0 then?

All these eth kids have no idea how and why eth is switching to PoS. They have no idea of the tech behind it.

>>25214331
You made this move when you literally have BOND staring at you. Smh

>>25215799
Please explain it then

>>25214331
Just stake it for now. 5-6% with any good pool with 5 - 64 million ADA. Also look for 100k + pledge pools. There is a /biz/pool
https://pooltool.io/pool/a076d1ea6e8a35bdafc3ca3290abe334672edde80ba1306fc5ae2ae8/epochs

>>25216021
spoonfeed me please. How does this work? What are the risks? I have no idea what anything on that page means.

>>25214331
this useless token can be used to stake to collect more useless token

>>25216447
dyor you fucking retarded nigger
sage

>>25216447
No risks. Your ADA never leaves you wallet. Use Daedalus or Yoroi and just select a pool in the delegate list. There's a 2 ADA deposit + a transaction fee. The 2 ADA is returned to you if you stop delegating.

>>25216447

Download daedalus wallet select a pool and stake. 0 risk coins never leave your wallet. I think you can stake from leager too now.

>>25216605
>>25216505
Thank you
>>25216490
Fuck you

>>25216447
google is your friend

Cardano's current abilities include;

1) Sending Tokens from one wallet to another.

2) Informative videos detailing cutting edge
developments in blockchain

Thank you for attending my TED Talk

Cardano is a good project but there is no pumpenomics behind it. I think they'll take the smart contract market but dont expect much until then.

>>25214331
Its the only project taking as heavy of a research/academic approach, and one of the few thats operated like an actual business (ie, working with governments/regulators rather than just trying to funnel as much money as possible to the caymen islands). With that being said, Cardano's mission or goal isn't to make speculator's rich, and Hoskinson will choose longterm health over short term investor gain every single time.

With that being said, I do think Cardano will be one of the projects people are still using 10+ years from now. 90% of tokens/projects on the market are destined for $0. Also, dont fall for the fud, Charles was crypto-rich before he founded Cardano, and at this point doesn't have much motivation to just "dump his tokens for prostitutes" as people here will say. Hes basically fully doxxed, lives in the US, etc, if he was defrauding investors, he'd be right there with the Ripple CEOs getting buttblasted by the SEC

Important thing to know is that when you stake if your pool doesn't qualify you don't earn rewards
t. Staked for 3 epochs in a top 3 pool and never got a single reward

>>25216912
kek, while a degen like me throws 5K into an obvious rugpull and draws out 7K 45 minutes later. reddit always loses

>>25214331
>What does it do
Currently nothing. The project is still "in development."
You bought the promise of a project and that's about it.

>>25217009
Sounds sustainable

>>25214331
You should have bought HEX instead. At least it's a finished product unlike Cardano, lol.

>>25217183

>The project is still "in development."
...for 5 years and it has... staking. kind of.

>>25217205
it works for me. dont marry your shitcoin, stake it and wonder why it is dumping. pro tip pajeets all dump, dont keep holding bags of shit. move on to be the first shitting on new streets

>>25217588
But it's just that it doesn't feel like shit. I'm up 500%+ this year.

>>25217161

This is what eth 2.0 will be based on.

lmao there are people alive right now that think a neckboard onions lord is going to singlehandedly replace ethereum can you believe it?

>>25217765

Probably didn't even know he was apart of creating eth.

>>25214331

>>25214331
Yes, Cardano is the future.

>>25217985
Tried to improve it a bit but i suck at photoshop

>>25217511
This.

>>25214331
>wtf does it do
It's intended to create financial and governance infrastructure for Africa that allows them to skip the bureaucratic phase of development and go straight to digital thereby unlocking 5 trillion dollars in trapped capital. Similar to the leap Africa made going from no phones to cell phones instead of stringing copper wire all over the continent. Based project for ethical reasons as well as a good potential for crypto gainz.

>>25218212
Tiger king?

>>25218212
Who is this jabroni?

>>25218231
Serious question, so let's say this all comes to fruition, how would the price of $ADA appreciate?

>>25214331
IT'S GARBAGE AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>>25218305

How would millions of people using ADA as a currency effect price?

I don't know

>>25218373
If it's millions of Africans the price will crater

>>25218305
Just by holding and staking ADA, you'll get rewards in other tokens / assets / coins, running on Cardano. Tokens and assets pays their own transaction fees, some of those fess are distributed to ADA holders.
ETH would be worth a lot more if it "air-dropped" every token every 5 days.

>>25218373
I don't think they will use ADA as a currency, but rather a second layer stablecoin.

>>25218399

Still a limited supply and Africa is a big place. Targeting africa is the right way to go about it. You honestly think first world nations are switching to crypto anytime soon?

>>25218480
Italian banks already all run on a private blockchain

>>25218504
Fucking yawn. Not your keys anon. Crypto isn't boomer/dinosaur friendly.

>>25218504
Crypto isn't their currency. ADA aims to be a currency, that's the goal if it's not possible then ADA is based on speculation.

>>25218665
>ADA aims to be a currency

>>25214331
these are people giving you investment advice on /biz/