Community Trust ScoreVerified
The Cardano Project progressions have been very vocal from the very beginning. Charles Hoskinson made everything look way too intellectual, philanthropic, academic, peer-reviewed and created lot of expectations around anything that happens in the ecosystem with explanations in the technical videos and the warm Sunny Colorado lectures/videos.
However, for those who are impatient, their expectations did not get fulfilled in terms of the price and they are asking for more. From the mentality of a quick rich investors, it might look like nothing is happening in the Cardano Ecosystem; however, for those who are keen about purpose and technology – Cardano does make sense and it is promising. They have all the regulars offered by blockchain technology like smart contracts, NFTs and more.
Some of them also criticize ADA stating that it is a VC controlled token.
Lark Davis stated, “I sold all of my Cardano ADA in 2021 for some pretty awesome profits. Should I buy back in?”
Community Reaction: I dumped ADA a long time ago with decent profits. I don’t plan to buyback. There are far better projects out there.
No one even uses Cardano when compared so ETH, SOLANA.
Not now. Probably better in the next bear market. They don’t have anything on Cardano yet. They hired someone to move code around on GitHub to get the most commits. They tease us with a pancakeswap copy for a year now. They cannot even copy ETH like all the other layer 1.
The level of ignorance is stunning. If you don’t do your research, maybe crypto is not for you.
In 5 years, you will be 5-10x guaranteed with ADA.
People care only about tips when they compare any coins to ADA. Crypto is for the people so every coin without Solid Governance can be a coin for the people. It seems that people love to be Controlled. Otherwise, it makes no sense to hold VC Controlled coins.
Don’t tell me about ADA, I lost lots of USDT on it. It would be better to buy another coin.
I honestly don’t think most developers are going to spend a bunch of time learning an ancient programming language to create apps for the ecosystem.
Solidity is a bug factory that’s why Cardano uses Haskell.
In short, nothing important is announced on Cardano this year. Just clean-ups and optimizations here and there. Many were bullish on Cardano and eventually they are mocking it everywhere. How you can be an SPO with this mindset?
No, we don’t need short-term traders and speculators. We need builders, dreamers, believers, holders.
If ETH 3Xs ADA will 5X. Please look at a chart over one year of both of them. Also, ETH wants to be more like ADA (POS), and it’s going to take just as long to do it.
It’s risky to not buy ADA now.
Risky? How do you figure? Even down 2/3s from the top it’s still massively overvalued.
I agree it is down but it is undervalued. Now they have NFTS, Smart Contracts, and Dapps.
It’s not a rush. These are done “correctly” and very slowly. I wonder if by the end of ’22 it is still in the top 10. The competition is playing with Defi and Meta, on Cardano, we have been in doubt for months – even if the concurrency issue is solved. Stay away for a while.
