Buying Cardano right now gives me the same vibes as buying Apple in 2005
Buying Cardano right now gives me the same vibes as buying Apple in 2005
Camden Rodriguez
Christopher Hughes
so whats the iphone in this analogy?
Thomas Cook
Next gen blockchain mainnet about to beat ETH 2.0 to the punch
Jaxon Gray
> Pls hold my bags. :(
Ayden Jones
im holding a lot of ada. It's going to continue to be a speculative asset for a long time but when it does finally deliver, it's going to do what it does better than the rest.
It's worth having some but there are probably better times to buy than now
Nolan Barnes
>buying now when we told you to at 3 - 5c
classic biz
William Gomez
This is going to $0.15 by the end of next week
Kevin Baker
Cardano is the up-graded version of BTC + everything 1000 times better what ETH, Algorand , Avalanche , Tezos and others have to offer.
Pretty simple to understand .
Jacob Phillips
THIS,been feeling like youtube.com
these last months.
And this summer is going to be even more insane
Adrian Cruz
There's only ONE coin than can compete with ADA
Asher Reyes
What does Cardano do that ETH doesn't? Don't say TPS, Arbitrum has made that completely redundant.
Lincoln Bell
Imagine thinking ETH is ever going to deliver on ETH 2.0
Jeremiah Bailey
ETH will never scale and Vitalik fucking knows it too.
I'm fucking sick and tired of my transactions not going through for hours even when I pay for higher gas fees.. If it's not that I'm being asked for $100+ in gas fees.. Not too mention the brainlet last month who spent over 1M USD in gas fees to send like 1k or 10k. Ethereum is nothing more than a outdated second generation shitcoin and will die within the next two years. It's already obsolete and completely fucking redundant.
Dylan Martin
Built with peer reviewd high assurance code, formal methods and first principles.
Extended UTXO model, instead of account based model. It's much simpler and more secure.
Smart contract language in Plutus (Haskell), functional programming language.
youtube.com
There was a great video by him yesterday at the Cardano summit on this.
Minimum 1 ADA to stake.
>TPS
Ouroboros Hydra is in theory infinitely scalable. With 1000 staking pools, it can give Cardano one million TPS. The number of pools is not set in stone and can be changed.
Joshua Thomas
William Johnson
This is true but it won't die for a long time
Big money is not made by buying into dying projects though. Big money is made by buying into the future
Brayden Anderson
In the extended UTXO model, you get to see how much gas anything will use before transactions are sent.
If you signed up for this, you can see the good video on this under "Tracks" --> "Science" --> "Functional smart contracts on Cardano"
That dude is Philip Wadler,co-creator of Haskell.
Jeremiah Allen
It also let's tokens have native fees, instead of haing to use ETH to use tokens.
Jacob Lee
Best tech, zero demand
/thread
Samuel Brooks
Demand will come once it proves itself to be superior.
Cooper Hall
Their strategy was to sell to governments and institutions. Neither have any interest.
Vitalik's spaghetti will host scams and kitties and whatever bullshit is there.
Everyone is happy with what is.
Joshua Morgan
>Neither have any interest.
Dude, trust me.
>Everyone is happy with what is.
I sure love losing money in shitty ETH smart contracts, expensive transactions and 20 TPS.
Chase Ramirez
ETH is literally fucking dying right before your very eyes.. How can one still be bullish on a over congested network that only supports Curry tokens and Imaginary cats.
Quick History lesson for you.
Redundant technologies always get replaced with something superior and better.
Ethereum is literal dog shite
Camden Butler
Here’s an interesting thought, Cardano will allow shitcoin developing pajeets to pay network fees in their shitcoins. Now, most of those coins will never do anything, but some will moon. And you will receive them for staking.
Staking is going to be much more valuable than just getting the 6-8% in ADA.
Isaac Smith
Easy there, Action Jackson. There’s almost $2B in liquidity on Ethereum. That’s not an insurmountable lead, but it’s massive.
Ian Bailey
nothing grows out of nothing.
t. basic laws of physics and therefore economics.
passive income is possible only for lending something which is in very high demand, such as fucking US dollars.
lending bullshit will produce bullshit. it is that simple.
there is no single staking theme for BTC which is here for years and is "rare" - for the very same reasons
all this staking hype is bullshit like smart contracts, which is a solution in search for a problem
Alexander Adams
>nothing grows out of nothing.
It's not nothing. It's locked up ADA meant for rewards. Just like you mine BTC.
You get shitcoin/token rewards from their own transaction fees by staking ADA.
Leo Walker
It’s pumping hard Charlie’s speaking in less than 5 minutes. Big announcement. Also unrelated but possibly related coinbase CEO is speaking as well
Brody Howard
My only regret is that I wasn’t able to hold more than 55k ADA. Wanted to accumulate, ran out of time
Noah Perry
It's not too later if it's going beyond ATH in the future.
William Parker
10 cents about to be breached
Ethan Parker
the thing that makes me reluctant to actually "hold" ADA is how it was distributed in the beginning. Charles made a presale available only to his friends and a bunch of japanase investors. they also only paid like $0.002 / ADA. now imagine those whales staking and selling their stakes forever. The pre calculated inflation / staking fo ada is around 10pct per year. if this 10pct per year isnt going to get bought up and whales from the early pre sales ( 30 billion ada was presaled ) can sell forever even sub cent prices they can stll dump for profit... well ... it doesn't sound like a smart hold. I'd ride it up then sell it. put it in something fairly distributed like XMR or even BTC
Jordan Gutierrez
10 cents waiting room ?
Noah Sanders
This shit is amazing. Dumping all my eth into ada 3 weeks ago was the best decision I've ever made.
Jaxon Mitchell
Just announced coinbase will be the custodian for ADA. What’s that mean?
Tyler Mitchell
Charles Adams
1. that is just a theory. show me a real-world process then I will understand
2. I don't want rewards in scam shitcoins lmao
Alexander Taylor
Joseph Wilson
>fairly distributed like XMR or even BTC
Ealry birds gets the worm...
>From reddit, 2 years ago:
Cardano does have a very high Asian participation. That's because the project was germinated from the idea that the Asian market was ripe and open for new financial stack and had not been saturated by cryptocurrencies like the west. A cryptocurrency that succeeded in this might go onto transforming developing regions by offering those who are ignored by traditional banks blockchain enabled financial services.
Then from a regulatory perspective as well, there are benefits to Cardano from having done the pre-sale in countries where there is no question of whether such a sale is legitimate. With no US participation in the sale, it also alleviates some of the SEC pressures which other cryptocurrencies have faced by performing ICO’s with Americans. The sale was performed by a Japanese entity who performed detailed KYC checks. This means they knew the difference between the amount of transactions and people. So for example, there were roughly 14K transactions that occurred over different tranches. With other cryptocurrencies, 8k of those could have been from a single person, creating a huge inequality in distribution. With Cardano we know that 9,912 people that participated, because they all went through compliance.
Cardano is not unique in having a geographic centre for its pre sale, Filecoin which was 100% US. What started in Asia, has now become global. You have an opportunity to purchase tokens on Bittrex and soon a number of other exchanges. Cardano is focused on become an industrial strength blockchain that can operate in regulated industries. The way in which the sale was performed with KYC and compliance will only be helpful to that aspiration.
Ryan Wilson
>I don't want rewards in scam shitcoins lmao
You get them just by staking ADA. Just dump them. Don't want free money?
>that is just a theory
How new are you? Read up on proof of stake and proof of work.