/biz/ - Business & Finance

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ADA ??? Anonymous Sat Feb 10 19:00:09 2018 No.7539522 [Reply] [Original]

whats happening with this shit?

vaporware? another shitcoin?

>>	Anonymous Sat Feb 10 19:38:37 2018 No.7540292 >>7539522 their academic peer review hinders quick progression. they've got a great roadmap but it's going to take forever for any real product. long hold

>>	Anonymous Sat Feb 10 19:40:44 2018 No.7540343 >>7539522 Extreme whale manipulation but fundamentally strong. Not moon Ing in two months doesn't mean it's dead

>>	Anonymous Sat Feb 10 19:50:13 2018 No.7540550 Best long term hold.

>>	Anonymous Sat Feb 10 19:50:34 2018 No.7540559 It's a long term hold, comparable to stocks. Think years.

Anonymous Sat Feb 10 19:58:37 2018 No.7540753

>>7539522

It's incredibly overvalued right now. Even the devs said they don't understand how it got so high so quickly and even Hoskinson said it made no sense to him that it went so high so quickly. Buy in price should be around 10c-15c at most, base utility price should be around 6c. Once the staking system is fully deployed, I'd say base utility price should be around 20c, fair market price perhaps 45c-60c. Once the compute layer is deployed and people can actually deploy dApps to Cardano, then we'll start seeing reasonable price discovery in the $1-$1.50+ range.

As it stands right now though, ADA token is absurdly overvalued relative to utility or roadmap progress. As the others here are saying, LONG term hold, as in years. If you're looking for shot to mid term gains, this is not the project for you. Cardano really has no moon potential any time soon from a fundamental analysis perspective.

>>	Anonymous Sat Feb 10 19:59:56 2018 No.7540786 >>7540753 Correct. ADA is a great long term hold but EOS will outperform in every area.

Anonymous Sat Feb 10 21:03:42 2018 No.7542140

>>7540753

It went so high because they sold most of it to Asians (mainly Japanese) before releasing what little was left to exchanges. There's barely any out there other than what little exchanges got and what Jap whales are using to manipulate the price. Easy pump.

>>	Anonymous Sat Feb 10 21:07:10 2018 No.7542200 >>7540753 Probably didn't hurt that when it was mooning, whales were putting in huge buy orders to pump it every time it started to fall.

>>	Anonymous Sat Feb 10 21:08:48 2018 No.7542232 File: 79 KB, 606x617, IMG_1701.jpg [View same] [iqdb] [saucenao] [google] >>7540753

>>	Anonymous Sat Feb 10 22:03:24 2018 No.7543310 >>7540786 EOS can suck my dick

Anonymous Sat Feb 10 22:05:51 2018 No.7543358
File: 830 KB, 300x190, 1516850404724.gif [View same] [iqdb] [saucenao] [google]

>>7540753
>Buy in price should be around 10c-15c at most, base utility price should be around 6c. Once the staking system is fully deployed, I'd say base utility price should be around 20c, fair market price perhaps 45c-60c. Once the compute layer is deployed and people can actually deploy dApps to Cardano, then we'll start seeing reasonable price discovery in the $1-$1.50+ range.

Absolutely no explanation given. Fucking A+, you really are a crypto value wiz.

>>	Anonymous Sat Feb 10 22:18:12 2018 No.7543648 >>7540753 >It's incredibly overvalued right now >Once the staking system is fully deployed, I'd say base utility price should be around 20c Once staking goes live this thing can actually take over from bitcoin and be more secure in every way.

>>	Anonymous Sat Feb 10 22:27:12 2018 No.7543856 >>7543648 This board doesn’t realize ADA staking is the most rewarding out of any PoS coin out right now Shit I said too much

>>	Anonymous Sat Feb 10 22:29:23 2018 No.7543899 >>7540343 extreme whale manip + overvalued + high supply = pass

>>	Anonymous Sat Feb 10 22:31:37 2018 No.7543949 >>7540786 >Eos the next better ethereum! about to get destroyed by omg(plasma) and eth soon laughinggirls.jpg

>>	Anonymous Sat Feb 10 22:32:29 2018 No.7543966 File: 94 KB, 640x485, cardano.jpg [View same] [iqdb] [saucenao] [google] >>7539522

>>	Anonymous Sat Feb 10 22:34:37 2018 No.7544009 File: 102 KB, 460x460, meta_logo[1].png [View same] [iqdb] [saucenao] [google] Is Revain a meme coin? Could anyone teach this brainlet something, please?

>>	Anonymous Sat Feb 10 22:35:11 2018 No.7544030 File: 22 KB, 400x300, I_ain't_even_mad.jpg [View same] [iqdb] [saucenao] [google] >>7540753 >mfw i bought in at 45cents but i dont care because its going into a cold wallet for a few years

>>	Anonymous Sat Feb 10 22:35:26 2018 No.7544036 File: 24 KB, 600x600, 1518180423838.jpg [View same] [iqdb] [saucenao] [google] >>7544009 Review platform, super stupid, but price shot up for whatever reason

>>	an igger Sat Feb 10 22:37:02 2018 No.7544080 >PoS Q2 Pump Q2 Glad I have hold lots of this coin, and I've had them since november Its not too late anon, buy and hold to this shit. We will win.

>>	Anonymous Sat Feb 10 22:38:13 2018 No.7544108 >>7540292 Just like Bitcoin? Read. https://queue.acm.org/detail.cfm?id=3136559 Learn. Hodl.

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