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Bertus Maximus Shared: Cardano went from 3.10 dollars to 1.20 dollars and literally nobody panicked, unstaked and sold. We held at 71% despite a concerted attempt to shake us out. Nice try FUDmongers, we aren’t going anywhere!
Community Response: Let see 0.6 dollars. I bet people will start selling heavy.
It will hit .60 when more FUD comes in from China or the government or wall street it’ll hit. The 0.60 it will give in less than 3 months.
Price doesn’t even matter to me, repeated ISPO is key for me.
Exactly. I plan on making more from the ecosystem than I could ever make with Cardano.
We are not selling.
Would it be ok, if those people that originally bought at 0.85 sold at 3.1 and bought back in at 1.4?
Also, congrats on these trades. I remember when we got to 3.10, a friend called and said he was selling it all to buy in again at 1.50. It takes guts and knowledge.
While I think that is the attitude to have and love our communities passion, selling ADA on an exchange for USDC doesn’t change overall stake because the exchange will stake it (if they’re clever). This is an isolated system, and price is not strictly connected to percentage staked.
This 100% stake no longer (and hasn’t since we onboarded large exchanges) represents any correlation to price I’d say (if anyone wants to spent the time) to try and take a sample population across small pools (even multi pools) and see if there are pros or neg inflows on stake %.
If I am not totally crazy, if someone can point me to a website/location where I can siphon off the tickers/hashes of common exchange platform pools, I can get that data.
Bought 1.25 so hard.
Bought a ton of $ERG at $5 or less also.
I don’t have ADA anymore. I had before but I think those on my list have much more attractive potential than ADA. Obviously, Bitcoin missing from the list as it’s the engine for all the others.
The number of ADA staked is a meaningless statistic since ADA can be unstaked and sold immediately and then restaked. I would imagine to top of ADA sheep sold ADA that they had on exchanges this whole time, and the exchanges always keep their ADA staked. Calling a 65% crash FUD?
ADA is like gold no one will sell their entire bag! Defi boom hasn’t even started so much more to come! Imagine selling Apple stock at 12usd lmao.
No worries it’ll make that by the end of January IMO.
Doesn’t seem possible to hold 71% level and have the price drop 60%+. Actually, I think it is closer to impossible. Just like a 90% increase in wallets over the last year and again zero move from 71% staked. mathematically mind boggling.
How does this work? Just delegate to any genius yield stakepool and you’re good? Do you have to lock your ADA for 36 epochs? If a pool is already running for 2 epochs, is it still worth joining because you seem to only get the highest bonus if you stay for 36 epochs?
Still holding and buying. ADA scares a lot of other blockchain projects. It’s almost impossible to sell ADA (I’m using every single one of them), but it’s always really easy to keep buying more every time a cool new CNFT mint is announced, lol. So, for people who think not selling ADA is a maxi thing, loyalty thing, it’s not, it’s a practical issue.
It’s not even about being a HODLer. If you have a functional brain, did your research and want to be in this game long term, this is just one of the projects that will be here and rocking.
