Cardano: Is It the End?



Cardano ADA. Cardano News. Cardano Update
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Timestamps
0:00 Intro
0:14 The eToro incident
1:03 What we need to consider
1:54 Why did this happen?
2:17 Cardano metrics to look at
3:12 Where is the ADA hype headed? (data)
3:55 Why are people disappointed in Cardano
5:05 How I think of Cardano
5:46 My action plan
6:12 Stakepool update
6:52 Cardano’s transaction per second issue
7:30 Cardano speed limit
8:08 Where is Cardano headed?
8:46 Updated Cardano ecosystem
9:18 Bottom line

Let’s discuss what in the world has happened to Cardano, what my action plan is, and what I see happening in the future.

eToro delisting Cardano:
A couple of weeks back eToro posted a press release stating they would limit trading of ADA and TRX for U.S. users.

When I read this I was a bit surprised because it was my understanding and I had read in the past IOHK, the foundation behind Cardano was extremely stringent in following current regulations and ensuring a proper launch of their token so there wouldn’t be issues in the future.

ICOs, for example, are still a big gray area because it is hard to say if an ICO should pass the Howey test or if in fact, it is an investment security that should be regulated by the SEC.

Why is Cardano down
Cardano update
Top crypto news
Should I buy Cardano
Cardano price
What happened to ADA
Why is ADA down

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*I am not a financial advisor. This is not financial advice*

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  1. big scammer cardano's owner He just sold 1.7b ADA . sell yours ADA sh*t coin and run away now after SEC finish ripple case and cardano will be next SEC knock the door . more over passed 7 years the cardano's owner didn't do nothing He f*ck around balabala Build this ,run that and ………in future , only one thing He did update wallet ……….and wallet update f*ck Mr Scammer , coin base and bittrex will delist cardano ADA very soon Be Ware People

  2. BUT WHO IS SKIMMING THE TOP WHERE DID THE 50 PERCENT GO.. THERE IS NO ASSETS BACKING THEM OR LAWS… THERE WILL BE A MASSIVE SELL OFF AND ONLY THE ONES RUNNING THE MAIN COMPUTER WILL HAVE ALL THE MONEY… PYRAMID TIMES 5000. RUN..

  3. Cardano has existed for how long now? It still has no dapps, no usecase other than trading for speculation. Talking about layer 2's before layer 1 is properly used yet.. no one sees the issue with this? Like XRP its good on paper, but they are both all promises with no substance and normies flock to it once they enter the market during bull runs.

  4. Cardano has spent too much time on perfecting the blockchain and too little on innovation. It fell behind. It's also really overrated. Zilliqa is probably a better but overlooked project

  5. Cardano needs to add more languages to the platform. Not many people can understand Haskell. Without developers, nothing can survive. Windows Phone was a sleek OS. But it died coz there weren't many developers making apps for that platform.

  6. As a software developer, I never saw any practical successful software in haskell. Haskell community is full of smug academic weenies that don't deliver anything. The moment I found out they use haskell I decided I'll never even touch ADA and I pitied everyone who didn't know any better who did. Sorry for you guys.

  7. ADA's both strength and weakness is the strong interest from retail investors. Most retail investors flee during market corrections leading to a bigger dump compared other coins. Having said that, the same retail interest acts as an insurance and prevents the price from going too low during a bear market.

  8. As a recent ADA investor, here is my take. The short-term speculators left the room because they went over to the next 2X-3X coins like SOL and AVAX. These traders don't care about ADA as a long-term investment and would bail as soon as ADA hits its ATH within the year. Frankly speaking, it is better for ADA to not have these speculators. These speculators cause excessive volatility and hurt ADA commercial adoption because of price hikes.

    A good example to look at is ETH. ETH's current over-valued trading price is hurting its long run. High ETH price means higher gas price. And those gas prices are making people realize how expensive it is to use the ETH blockchain for commercial purposes. In the long run, businesses/consumers are price sensitive and will move to the platform with cheaper transaction fees. ADA has the advantage here.

    In short, if you hold, ADA will bring you money. If you want 2X-3X and Lambo now, you should go to the next bubble coin.

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