/biz/ - Business & Finance

>>19439335
https://www.youtube.com/watch?v=JpF2JKtTISY

>>19439335
There will be some insane movement in the next 8-16hrs. A lot of biz will be left in the dust due to pride and stubbornness. I wasn't around back in the day but I guess a lot of people dislike based Charles because he made them baghold for a year. Stonks make you baghold for 5+ years but these crypto kids are low iq and have zero attention span. Charles is a high functioning autist with at least a 150 iq, why the fuck would you bet against him?

>>19439335
I'd rather invest in onions

>>19439514
> next 8-16hrs
You better be right because I bought 1.5k cardano. But you are just a Larp and nothing good will happen to me
, as always

>>19439598
>1.5k
lmao

>>19439598
The movement the next 24h, or week does not matter. Get in the rocketship. And sit on your hands. Even 1,5K will be great.

>>19439633
1.5k ETH is really a small amount, isnt it nibbr

>>19439681
Are you implying Cardano will reach $235
LOL ,sub $10 for the next years buddy boyo.
I mean maybe someday we reach 100$ or even 200$ but thats like 10 years from now.

>>19439514
Almost anything people bought Peak 2017-2018. Went down enormous.
People loved the idea and vision of Cardano. Thats why is was instant top 5 on arrival.
They have just had long delays, and a seriously difficult technical challenge to overcome. So, the price has been going down for 3 years.
All depends on if they can deliver. And if you do your research. You understand that they will.
Next half years, Shelley Launch, Coinbase, Goguen and loads more. They basically had to stall all the good news from 3 years and that will all come out next 6months.

>>19439723
If Cardano doesn't reach 200$+ in a few years it has failed. It is destined to be either huge or non existent at all in a few years from now

>>19439833
Dude, I am super bullish on this. But now you are just talking nonesense. I expect 1$-2$ 2021. And then to 5$ next depending on adoption.
You have to atleast understand Marketcap.

I feel like 1 guy is spamming about this coin nonstop with interest

>>19439884
Look at how everything gets a valuation of several billion us dollars without any adoption at all. I don't think we can apply the same mcap logic to crypto like in traditional markets. Crypto valuations are not equal to company valuations and that's why I think that we haven't seen anything yet (just wait for adoption)

>>19439884
I mean there is always the possibility that literal countries start adopting Cardano as a currency in 2022 and we see its mcap at the trillions level buts its too crazy,I also believe we will hover around 5$ for a few years and then maybe we can talk about +20$ by 2025.

>>19439958
Yep.
https://www.youtube.com/watch?v=wbwpr5TXXzE

I genuine believe Charles is going to go after creating a PanAfrican Currency. And that for sure isnt priced in the 5$.

Frankly all that stuff does not really matter. People just need to get in the rocket. Have awesome gains next half year.

Then the Supply Demand Economics kick in of 80% coins locked in staking + Additional exchanges.

Depending on your stack you are then building passive income, or can straight up live from that. Enjoying your life, while Cardano will continue developing.

>>19439335
has someone experience with leverage trading caradno? thinking about going x10 on this lol

>>19440093
I thought about that, but then realized that i dont want to risk getting wiped out on day swings. Which means either use bigger stack, which i dont want to lose. Or lower margin, then what's the points.

But if you have the skills. Go for it. I can research Fundamentals like an autist for 3months. Stick to my strength.

>>19439335
i personally dont care for cardano, but theyre with link so hope they take off

>>19440146
i really have no fucking clue about leverage trading, this would be pure gamble with a tiny amount

>>19440308
Been trading for 2 years only Cardano lost a shit ton with high leverages,now I have almost recovered all my losses with 2x,3x leverage use that(have more than 1 account,use a 3x leverage in one account and 2x on all the others,make all the trades at different prices)

>>19440156
Yeah, its good to look at landscape. LINK and ADA can work super smoothly togethers. if ADA does really well, it affects Tezos, ETH.
LINK can smoothly gain regardless.
For me LINK is already at ATH, has already received lot of positive attention. So that is priced in.
As you can see on /biz. Loads of people dont understand what ADA has actually accomplished. The price jump you have seen last days, is certain set of people starting to research fundamentals of ADA now shelley launch is announced.
And as what they will find in fundamentals is so awesome. Price if correcting upwards to where it should be.
Like it is absoluut bullshit that Corona should have any impact on Fundamentals of ADA, but price was slashed. Otherwise we would have been 12c already.

Can you give me some good resources to start looking into this, don't know why I've put it off so long.

>>19439912
no, it's just that we have a solid release schedule and the faggot-tier universal ETH and Tezos bagholder generated fud has no effect other than to make said bagholders look salty and moronic.

>>19440706
Yes I can. Let me organize bit of my research.

>>19440706
https://cardano.org/
https://roadmap.cardano.org/en/

>>19440742
>>19440775
ty

>>19440706
https://youtu.be/-CJ5pcullgg
maybe start with this

>>19440706
and this is the update that started the rise in Cardano in the last days:
https://youtu.be/t-R1UDw64NM

>>19440706
Roadmap
https://roadmap.cardano.org/en/

General Overview
https://www.youtube.com/watch?v=M1EocqtPDVE
Coinbureau General Research
https://www.youtube.com/watch?v=DKuV-_sicNo
https://www.youtube.com/watch?v=O6Fy-MccGn0

Shelley – Decentralization
Launch path in coming months. This is why people are now looking into ADA
Cardano has its own unique Proof of Stake System - Ouroborus
https://www.youtube.com/watch?v=Foxhj-i4FLs
It will be easy to upgrade Cardano, because 2 layer system. So Ouroboros will upgraded.
https://iohk.io/en/blog/posts/2020/03/23/from-classic-to-hydra-the-implementations-of-ouroboros-explained/

Goguen Smart Contract
Not on mainnet. But people can build on it. Review here.
https://www.youtube.com/watch?v=SvaFFSqyVwM

Exchanges
Charles already mentioned he cannot talk about Coinbase, because he has NDA with coinbase. General expectation is that after Shelley, it will be listed.

Basho and Voltaire
Is being worked in parallel. Voltaire expected to deliver also this year.
Basho not yet, as Ouroborus in shelley is more than enough for coming years.

Long term Adoption Strategy
https://www.youtube.com/watch?v=wbwpr5TXXzE&feature=emb_logo

Charles on Bitcoin and Blockchain.
Founder really get crypto. Here excellent explantion of bitcoin and blockchain.
https://www.youtube.com/watch?v=EDyQEUZ0PlY&feature=emb_logo

>>19440893
Thanks, getting in to it will be back if the thread is still alive

>>19440960
No worries. People on the board are continuously crying to find good investments to make it. Here is a very legit project about to go 10x coming 1-2 years. Would be a shame to miss it, for not researching.

Imagine getting scammed by a 32 year old sõyboy who looks like he's 40

>>19441397
im up 28% anon. that's one hell of a shitty scam.

>>19439335
You do realize this is the fourth time Charles has announced a date for the mainnet, yeah?

>>19439335
/biz/ is too buried in $1M marketcap pajeet coins to see the opportunity here. it's fine, not everyone can be a winner

>>19439514
>There will be some insane movement in the next 8-16hrs.
y tho

>>19441719
You realize you can follow the developments in the Incentivized testnet since december, and the Shelley Haskell Testnet since beginning May.

Basically all is functioning above expectation.

I'm fully onboard. This tribalism is a sure fire way to miss opportunity. I'm in on ADA since 3c I stacked up just the minute he announced the dates the other day and caught the run... a run i believe will last at least until start August. But ADA long term $2 is not that far ahead. I currently only have 50k and will end up long term for years holding only 20k hope it's enough.

>>19441949
Get what you can get. Just make sure you study a lot before thinking about selling. We all know the stories of 2017, people having stacks of coins 20K,50K like LINK. Then 20c. Selling it along the way. Now being 4$.
Move it into safe wallet. Go staking 18th August onwards.

>>19441949
I got in at 5,6,7 and I’ll get in even at 8. No feeling sorry for myself here as long as I can get in as much as possible under 0.10 I believe this will take off

Downloaded the wallet and am trying to import their key but I can't find signing.authority@iohk.io in kleo

>>19442287
Not sure what you are talking about. Here instruction video
https://www.youtube.com/watch?v=eNUwie_45E8

>>19442325
Can't find signing.authority@iohk.io in server lookup on Kleopatra to verify, I know it's optional anyway but would rather check.

>>19442448
Wallet has support function. Can hand in ticket. Or go to telegram, I guess.
But yeah, dont transfer to wallet before you feel good about it.

>>19442575
I'll make a ticket, just syncing now. Yea I'll only do test amounts for now, any idea when HW wallet integration is coming?

What’s better to use the desktop wallet or the mobile wallet? which one is better for staking when it’s live I wonder

>>19442708
Maybe this week. Or Next. It's basically done.

Here by the way the Library of Peer Reviewed Research going into this.
https://iohk.io/en/research/library/

This shit is important as no big players or country will use financial platform if it all protocols are not super legit.

It also means Cardano basically invites intense scrutiny of ideas, before building the tech. While Tech is build in the excellent Haskell.

Just threw in 4 Eth, what can i expect here boys?

>>19442850
A very enjoyable bullrun next 2 years. And free staking rewards aug 18 onwards. Basically this part of your portfolio you can sleep on most comfortably.

>>19442850
Profit

>>19442870
feels good bros, im gonna fomo my STA gains on this as well. what else is good rn, XLM? REN? RSR?

>>19441869
meme lines and volume

>>19442922
RSR

Lol, cardano is just a bad version of IOTA, biz stay poor.

>>19442960
Retard. Iota Already hacked. Shit Protocol
https://www.zdnet.com/article/iota-cryptocurrency-shuts-down-entire-network-after-wallet-hack/

>>19442922
I am all in ADA. Just too comfy.
Most difficult part is doing nothing.

>>19443021
I know you posted you a bunch of info already, but I honestly dont feel like sifting through it all. What is the benefit of staking? And is there a certain amount needed?

>>19443005
Retard 3rd party application.

>>19443140
Think of it as a savings account that gives you interest

Just bought 5k btw if you were wondering what caused that dip there, eternally bogged

>>19443212
You are early, dont worry. Almost everytime i buy i have same. Dont buy as day trade. But mid term, long term investment.
Thats why doing the research is important, then you don't need to worry. ADA was 1,31$. Under 10c is a great price to get in.

>>19443140
No minimum amount. Percentage is same.

What’s this shitcoin do?

How do I buy it? Not avalable in coinbase :'(

>>19443418
Send your eth to bittrex account and you can exchange eth/ada.

>>19443418
It will. But when that's announced, you pay premium. Charles mentioned he has NDA with coinbase.

Here it is now.
https://coinmarketcap.com/currencies/cardano/markets

The race between all architecture projects is about having a better POS model. The POS which won't make the system centralized and provide reliable 'Viable Income' rather than just another form of 'Universal Basic Income'. Speaking of which VID.camera shown than you don't need to have your own blockchain to provide Viable Income. When it comes to businesses it's about reliability and scalability.

>>19443407
https://www.youtube.com/watch?v=M1EocqtPDVE
>>19440893
I put loads of info above

Can't believe these shitcoins are being given a second chance by you newfags.
>>19443144
Retard, no one cares, bad press for a shite idea

CAN ETHEREUM AND CARDANO COEXIST OR ONLY ONE WILL SURVIVE?

>>19443690
They could if ETH was builded from scratch with high assurance coding and a lot of scientific research - but ETH was rushed out and therefore is highly unsecure Spagetti code.
So - no!

>>19443763
What about Tezos? Is it a competitor?

>>19443793
No - too. Already surpassed in ranking.
To make it quick: Everything is shit compared to Cardano . BTC too.
When it comes to open source, decentralized smart contract platforms.

>>19443793
I like Tezos. It's just that everything Tezos does, Cardano is doing better. And had Cardano already launched 1y ago, nobody would give a fuck about Tezos

I'm so fucking ready to buy but I'm already balls deep in Ethereum and I can't imagine it dies any time soon.

it's dumping now

My friend and I just All Inn'd Cardano after dumping that Scam coin CURIO on those Fucking stupid ass indians. those dumbass mother fuckers think theyre gonna get anywhere with that piece of shit. it's a scam. i have insider information from Ghost Dev Bitcoin Geo. Hes a dev for Ghost and he says that it's a scam.

I'm holding ADA forever.

where do you guys buy ada?

>>19443965
Eth is not going to die. And its a nice coin.
It is also 25B marketcap. While Cardano can go 10x before getting there.
Lets say ETH goes 5x, and Cardano can get to same level of marketcap in next years. That that is 5x *10x = 50x.

I personally dont care about day to day movements. Most people that actually like the project won't sell. And new people interest are probably looking to buy the dip. But for sure day traders also have taken positions these days, so might fluctuate.

But looking 1y ahead. sub 10c ADA is a steal. Zoom the map out completely. And realize that they have build now what they promised 2017.

Wish i could buy more, but there is only so much all in you can do.

>>19445026
It like Binance. Huge Volume.
Here others
https://coinmarketcap.com/currencies/cardano/markets

Should be on Coinbase later, but I doubt Coinbase will ever see sub 10c ADA.

PS: Not mentioned here yet. Cardano has hired Mccann professional marketing firm. They will do complete rebranding when shelley launches. So not marketing before that. So I except still to go hardcore after that aswell. I believe rebranding will be end June, begin July, when they have online release party.

I ALL IN ADA AND NOW ITS FUCKING DUMPING IM LOSING MONEY ? EXPLAIN

I am all in aswell. Crypto goes up and down all the time. If you done your research well, you would not worry.

Here good explanation of Ouroboros Consensus Protocol. Timestamped to right question.
https://www.youtube.com/watch?v=BptZkkNN3tw&t=9m22s

>>19442448
you on linux? there are instructions for that

>>19442708
with shely launch

>>19442771
my vote is for daedalus bit both are fine. yoroi is a chrome plugin light wallet. i'd be skeptical of using my phone for anything important without a tangem card

>>19443140
staking replaces the mining mechanic if bitcoin. it secures the network but that explanation is a gross over-simplification. when you stake you earn staking rewards to the tune of about 10-13%yearly delivered every epoch which will be about every 4 days.

>>19443140
>>19445561
Charles gives nice explanation in video with timestamp
>>19445332

>>19439335
I've bought into this shit /biz/. I'm not doing any research and blindly trusting you. dont let me down!

>>19445624
That is absolute the worst fucking strategy.

Though I did 4months of autistic research on this. Followed all news, listen to all AMA's. And shitton more. And i have a background in business and entrepreneurship. So, you can actually rest in this.

But then put it away somewhere. And don't sell. This is a retirement project. Don't be like the people that had BTC or ETH early and now only have a "if only" story, instead of life changing finances!

>>19445268
Don’t sweat the ups and downs brother this is chess not checkers

>>19445688
How much ADA do I need? whats the price in 1 year. how long do i have to wait

>this is chess not checkers

>>19445721
I think a win would be 2-5 dollars by 2024. However it could range anywhere from 1-10 by then. Over a dollar by 2021 would be huge

This is also brilliant. This is how Cardano will deal with Scaling, way beyond ETH. Whole interview is worth a watch
https://www.youtube.com/watch?v=BptZkkNN3tw&t=22m15s

Thank God I bought in at $0.03 and sold when these nigger threads popped up

Thanks biz will buy in at $0.05

can one of you hysteric moonboys faggotrons explain to me what this 2017 premier shitcoin even does?

>>19445688
I was just fucking around although honestly I havent done a lot of research. The only 2 tennants I have going into this are:
>Only invest what I'm willing to completely loose
>3 year minimum investment.

Like, with all their planning I find it hard as to believe Cardano will just tank all its value. Screencap this i guess for the day it zeroes.

>>19445913
>I sold
>buy in at $0.05
kek. Never going to happen.

Have fun telling your grandchildren your sold sub 10c

>>19445935
Fucking Everything. All the good from all the other coins.
Put this at 2x speed. Blast through it.
https://www.youtube.com/watch?v=BptZkkNN3tw

Sitting at a pretty comfy stack, but thinking about trading my BAT, VET and XLM for more ADA if it goes sub $0.07 soon

>>19445996
not watching a 45 min video of 2 soibois trying to convince this shit is worth 1 trillion dollars when it has 0 real world application after raising millions and years of development. either summarize why you think this worth anything or fuck off

>>19446048
I actually prefer you don't buy.
Kind of social darwinism to make sure the intelligent people in society get the resources to lead in the new world. Prefer you not to be part of that. Lazy ass basement dweller.

>>19439335
>At least get your suicide stacks in.
how many for the stack?

>>19446166
Assuming value of 1-2$ per coin coming years. You calculate what you need. Depends what on your situation. Any stack you afford is a good stack.

>>19446255
Thanks.

>>19439335
Cringe. It’s not about the platform its about who’s building on it. Eth 2.0 takes the cake. Be prepared for the dump

>>19446504
You are absolutely right. So, its about getting the 99% of people and devs who are not into crypto, to get on the platform. The playfield is wide open. And the best, most user friendly system will win.

Its not about who builds Napster. But who becomes the iTunes/Spotify.

>>19446504
>Eth 2.0
Phase Fucking 0 doesn't even have a launch date. By the time Phase 1 is released the bullrun is over.

>>19445561
Does staking prevent you from withdrawing/selling when you want? I have like 20k ADA and thinking about doing this

>>19446976
I believe it is all quite a smooth process. But i dont know the details of it. I do know you can switch between different nodes. So that there emerges a competitive landscape for us to choose from.

>>19439930
Jesus christ, just google what market capitalization is

Mooning again for the 4th night in a row

>>19447943
The best part is that he was trying to argue that is Cardano doesnt make this 9Trillione Marketcap its a failed project. LOL.

>>19439833
>If Cardano doesn't reach 200$+ in a few years it has failed.

>>19448005
Day traders took their profit. Now we can go back to business. Another night comfy sleeping.

>>19446976
no, you can withdraw whenever you want

>>19439335

Any devs here?

Could you, fucking imbeciles, please factor out fucking systemd dependency and make it optional you fucking degenerates?

Thank you.