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re: Official CryptoTalk Thread

Posted on 5/15/21 at 9:45 am to
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/15/21 at 9:45 am to
Look, I have been in ADA a while, but these kind of crazy predictions are not really grouneded in reality. Cardano has to do 2 VERY important things to get an extra 400+B added to the market cap:

Release smart contracts
GET USERS......

Otherwise, we are just hoping for a doge like pump....
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60629 posts
Posted on 5/15/21 at 9:47 am to
Doge is a trivial shite coin.
You can have it.
Posted by Scooba
Member since Jun 2013
20006 posts
Posted on 5/15/21 at 9:47 am to
quote:

Where will the 400B+ needed come from?


How much money was moved by one Elon tweet?

You're vastly underestimating the global scale.

Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/15/21 at 9:47 am to
quote:

quote:
Cardano at $18 by end of summer
End of year. Smart contracts by end of summer.


What is your issue with me? You said $18 by end of summer. That is not in the realm of feasibility unless it gets meme'd.

Thats all I am saying. Everyone is free to have an opinion obviously...
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
60629 posts
Posted on 5/15/21 at 9:48 am to
Obviously
Posted by Powerman
Member since Jan 2004
171049 posts
Posted on 5/15/21 at 9:48 am to
quote:

We can live in fantasy land or reality. Banking on Cardano at $18 by end of summer is banking on something that has less than a 1% chance of happening.

I'm bullish on ADA but I'm going to be elated with 6-8 by the end of the year. I think 18 is probably 2023 end of year optimistically
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/15/21 at 9:49 am to
quote:

You're vastly underestimating the global scale.


What was the height marketcap of Doge after Elon. Look that up, add it to ADA if you want. Where does $18 factor in?
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/15/21 at 9:52 am to
quote:

I'm bullish on ADA but I'm going to be elated with 6-8 by the end of the year. I think 18 is probably 2023 end of year optimistically



I agree. For Cardano to hit $18 this year the entire market would have to 4X Or all new money flow into one project. Not likely.
Posted by Scooba
Member since Jun 2013
20006 posts
Posted on 5/15/21 at 9:53 am to
quote:

Where does $18 factor in?



It was a shot in the dark by another poster, but you argued the possibility due to market cap.

I'm simply stating that it's not a limiting factor.

I have no interest in doge, the only reason I mention Elon is due to the amount of money that can swing through crypto in a matter of hours.

I think the bigger question now is, Does the money moving into Cardano today stay long term or do these investors take a quick gain and move it back to BTC during it's current dip.
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/15/21 at 9:56 am to
quote:

It was a shot in the dark by another poster, but you argued the possibility due to market cap.

I'm simply stating that it's not a limiting factor.


LOL marketcap is the limiting factor. Its basic math.

quote:

I have no interest in doge, the only reason I mention Elon is due to the amount of money that can swing through crypto in a matter of hours.


My comment about Doge was directly related to your idea Elon can move 400B+ into Cardano this year. He didnt move that much into Doge. Not even close.

Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 5/15/21 at 10:07 am to
Posted by Scooba
Member since Jun 2013
20006 posts
Posted on 5/15/21 at 10:08 am to
quote:

LOL marketcap is the limiting factor. Its basic math.



Are you saying that a 500B market cap isn't possible?

quote:

Its basic math.


There is definitely some miscommunication.


ETA: If you're trying to say that ADA wont hit $18 this summer, then I agree with you.

If you're trying to say that it won't hit $18 because the market cap makes it impossible then you're wrong.
This post was edited on 5/15/21 at 10:10 am
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13426 posts
Posted on 5/15/21 at 10:08 am to
How are so many of y’all so into ADA?

Damn Hoskinson is a fricking marketing genius somehow
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 5/15/21 at 10:09 am to
It’s sickening that shite coin had the marketcap
It does . He managed to attract all the ripple fan boys who gave up during the lawsuits
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/15/21 at 10:13 am to
quote:

ETA: If you're trying to say that ADA wont hit $18 this summer, then I agree with you.

If you're trying to say that it won't hit $18 because the market cap makes it impossible then you're wrong.


Look. You butted in a convo. He said $18 by the end of this summer. I thought I made it pretty clear that the possibility of that happening is damn near zero. It is because of what the current marketcap is and what it would have to get to that makes it such an extremely low possibility. The entire space would have to have to more than double and most of the money flow to ADA.
This post was edited on 5/15/21 at 10:15 am
Posted by JayDeerTay84
Texas
Member since May 2013
9956 posts
Posted on 5/15/21 at 10:16 am to
Its surprising to see Link Marines mention ripple and cardano in the same sentence...
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 5/15/21 at 10:18 am to
something about Africa and eco friendly?

ETH and BNB have pretty much all the users in the defi space so I'm quite curious to see how ADA plans to make headway
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 5/15/21 at 10:19 am to
I mean it seems pretty simple

Beat ETH2.0 to the punch, steal market share
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 5/15/21 at 10:20 am to
quote:

ripple and cardano in the same sentence...



Overvalued projects that don’t provide anything to the crypto space?
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13426 posts
Posted on 5/15/21 at 10:21 am to
quote:

Beat ETH2.0 to the punch, steal market share

There are a handful of eth killers that are already doing this and actually have traction
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