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2021-02-09 12:06 28138052 Anonymous Can someone explain Cardano (cardano.png 730x408 120kB)
Please and thank you!

1 min later 28138156 Anonymous
>>28138052 Ethereum is dying Cardano is replacing it

2 min later 28138300 Anonymous
>>28138052 ghost chain with nothing to show for after years and years of 'development'

3 min later 28138413 Anonymous
>>28138052 Cardano is superior tech. That's all you really need to know

4 min later 28138456 Anonymous
Bitcoin is generation 1 Ethereum is generation 2 Cardano is the best candidate so far for generation 3

4 min later 28138464 Anonymous
>>28138300 t. stacklet

8 min later 28138757 Anonymous
So nothing? No one can explain a basic explanation of ADA? or Cardano?

15 min later 28139370 Anonymous
>>28138757 Dilate I just bought 3k ADA See you at $4!

15 min later 28139413 Anonymous
>>28138757 A youtube video can explain any crypto better than anyone here can. Do your DD and then come back and ask specific questions about Cardano or Polkadot or whatever.

29 min later 28140550 Anonymous
>>28138052 >Short-term Ethereum >Medium-term Cardano >Long-term Polkadot

30 min later 28140662 Anonymous
Its an epic p&d

32 min later 28140771 Anonymous
>>28138757 - Smartchain -Native tokenisation (a la erc-20 but with as 1st party citizen) -Ability to use any programming language to write smart contracts -1000tps base and 1000 extra per node - formal verification of code - stable APY (5%) on the native token Tokenisation already on testnet and released in mainnet end of this month and SC released end of yea. Cotipay, Africa government partnership. If you buy is at least a 1 year hold and projected price is 10$ per ADA, don't listen to the muh market cap faggots because 70% of the total supply is stacked. There you go, now get fucked guckin gaggot

33 min later 28140883 Anonymous
>>28138300 >ghost chain >up 1000% >#4 I dgaf if it's a ghost chain or not, Charles Hoskinson has made me a shitload of money

33 min later 28140896 Anonymous
Cardano is a Blockchain and ADA lives within the Cardano Blockchain. So basically, Cardano can do exactly what bitcoin does. It’s a decentralized immutable ledger, making it a currency. Add on proof of stake. Now you don’t need expensive hardware and crazy energy usage to mine. Anyone who owns ADA can stake it and earn rewards. Think of it as compounding interest. Now add on another layer: Smart contracts. Pretty much re-engineering the financial system. Now all of this development has been done through peer reviewed papers with the best cryptographers in the world. Making it the most thorough project on the market in my opinion. Essentially, it’s able to do what Ethereum does but much more lol. The creator of Cardano (Charles Hoskinson) is one of the OG members of Ethereum. Jeremy wood is also on the team he was one of the early Devs on Ethereum back in 2013. Cardano is like a swiss army knife with many survival tools but digital with the possibility of adding more tools. Honestly in laymen terms think of it this way: Bitcoin = Generation 1 Ethereum = Generation 2 Cardano = Generation 3 The only other project competing that’s outperforming Cardano at the moment is Polkadot. DeFi is also the future so there’s a lot of demand in this area

37 min later 28141230 Anonymous
Can anyone explain how I can safely buy ADA right now? I'm still not verified on binance. Every other method I can find either requires verification or will put a hold on funds before I can transfer

40 min later 28141445 Anonymous (1612629929150.jpg 400x400 22kB)
Was gonna make a thread but I'll use this. I'm this close to buying 2k dollars worth of ADA and just hold for years. My question is, how do I stake it on etoro? it's the only app that I can use here that lets me buy ADA

43 min later 28141769 Anonymous
>>28141445 Send your ADA to daedalus and stake from there.

47 min later 28142057 Anonymous
>>28141445 you need to use either yoroi or daedalus. Yoroi is lightweight, Daedalus requires you to download the blockchain

48 min later 28142147 Anonymous
>>28141230 send BTC to Kraken wallet, trade for ADA

48 min later 28142155 Anonymous
>>28141769 >>28142057 >Send your ADA to daedalus and stake from there. thing is, I cant find any way to withdraw crypto in etoro unless its a popular one like BTC ETH and LINK etoro wallet doesnt support ada but I read that etoro automatically stakes your crypto if it supports it https://www.etoro.com/en-us/crypto/ staking/

52 min later 28142473 Anonymous
>>28141445 Are you able to sign up for binance? You might be able to buy eth/btc on etoro, send it to binance and swap for ADA

57 min later 28142883 Anonymous
So do you guys really think ADA has the potential to reach ETH levels like over $1000? I could see it if it gets adopted but I keep seeing people saying it will peak at $10 too.

57 min later 28142893 Anonymous
>>28142147 So follow up question, how can I do that when everyone wants to hold the BTC until funds clear my bank? I bought some earlier on coinbase but it said it would be a few days before I can transfer

57 min later 28142927 Anonymous
>>28142893 yeah gotta wait then, sucks

58 min later 28143025 Anonymous
>>28138156 Lmao imagine being this retarded. If anything AVAX and ALGO will replace it, considering they're better than ADA in every single way and aren't still in a contractless centralized testnet after 5 years.

59 min later 28143057 Anonymous (1612510820717.jpg 3072x3198 693kB)
>>28138052 >be charles >move in with some cool guys >create ethereum >everyone has a great idea >Charles has different plans >basically wants it to be shit >get the fuck out of here charles >hmm what should Charles do next >create "cardano" >shill it to jap businessmen as a "lifestyle coin" >premier high on CMC and get attention as an "eth killer" >don't actually kill eth >live in test net for four years >nothing happens >no dapps >no development >no toolkits >every single blockchain engineer rejects it >bull run >hey guys were gonna replace eth again >repeat same thing as before That's basically it

1 hours later 28143398 Anonymous
>>28141445 >how do I stake it on etoro? You fucking drop etoro that's what you do. They didn't just fuck over GME meme holders... https://en.wikipedia.org/wiki/EToro #2021_closure_of_leveraged_position s

1 hours later 28143645 Anonymous
>>28142883 Based on the supply 5$ is the likely near term peak. 10$ would put it above Eth. 40$ to match bitcoin itself, anything is possible but best to ignore moon boys because they usually overestimate by a factor of 100. What it DOES have going for it is stacking. This moderates the price, 6% sustainable returns is investment quality.

1 hours later 28143748 Anonymous
>>28143057 Why the fuck do people buy it then? (Serious question, I don't have any ADA)

1 hours later 28143915 Anonymous
>muh TPS >ghostchain with no dapps

1 hours later 28143936 Anonymous
>>28142473 I got verified level one, is that enough? I didnt do the ID one

1 hours later 28143960 Anonymous
I bought doge coins for 150eur at 0.06, will it ever reach 0.1? Also, do you need to tax crypto made money?

1 hours later 28143991 Anonymous (1_vMT2Gw5lE0jjjw5TkU556w.png 1919x751 863kB)
$5 EOM ADA PAY INCOMING Q1.

1 hours later 28144041 Anonymous
>>28143936 I think that's enough to swap cryptos

1 hours later 28144050 Anonymous
>>28143960 Yeah ya gotta tax it or ya might get in trouble fren

1 hours later 28144086 Anonymous
>>28143748 because it is about to win

1 hours later 28144159 Anonymous
>>28143748 Cause they're fucking retarded, and they're dumb enough to think that Cardano should be ETH's marketcap.

1 hours later 28144214 Anonymous
>>28144050 What if i just store it on paypal or some shit and never actually send any to my bank?

1 hours later 28144240 Anonymous
>>28144041 last question, can I immediately transfer BTC from etoro to binance? reason is because there is a giant fucking bubble happening on BTC and I dont want to buy it before it explodes.

1 hours later 28144241 Anonymous
>>28144159 considering Cardano can scale, it should be 10x Eth's marketcap, just not right away.

1 hours later 28144242 Anonymous
Assuming there is a massive crash, what price can we expect it to drop to? 0.2? Less?

1 hours later 28144292 Anonymous (Untitled.png 1190x672 119kB)
>>28143960 I want reddit to go. No, no it won't. Doge is naturally inflationary. This makes it a great currency, but a terrible investment.

1 hours later 28144331 Anonymous
>>28144242 everyone will be heavily buying at 50 cents

1 hours later 28144366 Anonymous
>>28144240 no idea, I don't trust those broker apps though, but if you say they let you withdraw it should be fine, but I don't know how long that will take

1 hours later 28144460 Anonymous
>>28144242 ~.4-.5 I think

1 hours later 28144559 Anonymous
>>28144292 Thank you, im learning the ropes, also dipping my toes in BCT but i cant afford thousands in investment Are there any general tips for beginners?

1 hours later 28144573 Anonymous
>>28144214 I think if you cash it, you have to tax it. If you store it on Paypal you still "cashed"/took out the profits from crypto. You can always cash the profits into USDT and have it sit in an exchange. I'm not a financial advisor.

1 hours later 28144580 Anonymous
>>28143057 But mainnet launched months ago with staking, smart contracts are coming in March.

1 hours later 28144628 Anonymous
>>28144241 >believing charles That was your first mistake

1 hours later 28144701 Anonymous
>>28144240 My exchange has a 24h cooldown when I put fiat in before I can send to a different wallet, but it's not etoro so not sure

1 hours later 28144706 Anonymous
>fucking pajeets >fuck all progress in 3 years. >founder shills on YouTube. >*drool* $0.7 so cheap *drool* >solano exists

1 hours later 28144827 Anonymous
>>28138300 >native assets /tokens hardfork-recombinator event coming this month. >Solidity smart contracts coming March/April >Plutus smart contracts coming March/April >Marlowe smart contracts coming March/April you might have a point anon, but metadata is already live and is being used by Cardano's Native Identitiy management platform Atala PRISM. Did you not know that 2million+ people are about to be onboarded onto Cardano vis-à-vis Atala PRISM? oh dear... are you COPING anon? Atala PRISM demo >https://youtu.be/wemcgPA3IPQ Atala PRISM website >https://www.atalaprism.io/ Multiple million people onboarding (start at 8:50) >https://youtu.be/MUPKtfTLvAk?t=530

1 hours later 28144831 Anonymous
>>28144559 Best thing that happened to me as a beginner was experience a pump and dump with small money. That way you learn a lesson through loss but still don't lose a big amount of money. Literally my advise is to fuck around with like a hundred bucks for a week and learn things

1 hours later 28144916 Anonymous
>>28144559 Sure, the crypto market is highly cyclical so dollar cost averaging is your friend. Buy stuff you have researched and believe in for long term holds. Feel free to make side bets on projects you think will gain hype as short term holds. Never chase a pump and be wary of strait up scams. (ie. most, but not all, coins on Uniswap)

1 hours later 28144976 Anonymous
>>28144831 Thats was my goal with doge but it hasnt moved since.. well 2013 its been around 0.05 - 0.07 Are small amount short trades of bct something that i can get the hang of? Im using crypto.com if that means anything.

1 hours later 28145006 Anonymous
>>28138757 >fluid staking (no time locked), way easier to use and understand than most blockchains >decent Tx time (avg 10s until first confirmation, max 20s, possibly faster on layer2) >peer-reviewed consensus and scientific approach, infinite evolution >worldwide contributors, most active and decentralized git repo >security and stability, not what you want but what you need >basically the best crypto for anyone who doesn't care about crypto

1 hours later 28145067 Anonymous
>>28144916 >Never chase a pump Does this mean “dont get greedy when you see a pump?

1 hours later 28145243 Anonymous (oh.png 1280x720 268kB)
>>28144628 Believe the science https://iohk.io/en/research/library / Believe the development velocity Believe the projects moving to Cardano or don't, and post your bleeding wojak in april >>28138052 here's a video for you OP. https://youtu.be/LYS9sUP0BoI

1 hours later 28145356 Anonymous
>>28145067 Yes. I would say this is the most important tip of all. If something is going parabolic, 4 out of 5 times you will lose money if you buy in. Conversely, you are much more likely to make money by slowly buying into a sharp decline.

1 hours later 28145499 Anonymous
>>28145356 So i want to buy in just as prices begin to drop and not wait for the lowest, or i might miss the window it was still worth it?

1 hours later 28145650 Anonymous
>>28145499 It takes practice and is highly situational, but yeah, buy low not high. You don't have to enter a position all at once and historically averaging in is the better play, in crypto and everywhere else.

1 hours later 28145753 Anonymous
>>28145650 Thanks for the tips. If you believe in karma i hope something good happens to you soon

1 hours later 28145796 Anonymous
>>28141445 go to the IOHK website and follow the link to the Daedalus wallet (Mac, PC, Linux all work). Here's the IOHK page so you know you get the right link to daedalus. >https://iohk.io/en/projects/daedal us/ here's the link to the daedalus website directly (but I always navigate from the IOHK site to make sure I have the right link) >https://daedaluswallet.io/ download the wallet software (this is the official Cardano wallet software). Install and create a wallet, follow instructions. Send your Cardano from eToro to Daedalus using an address from your newly created wallet. Staking from Daedalus is VERY easy. >tutorial video >https://youtu.be/VtkjM_0k4R0 ALTERNATIVELY use the official light client to create a wallet on your PC, Mac, Linux Computer or on your mobile device. It's called Yoroi (developed by a Cardano associated organization called Emurgo located in Japan). >https://emurgo.io/our-products#yor oi The yoroi light client wallet is great as well. The choice is yours.

1 hours later 28145944 Anonymous
>>28143748 What you just read is an ETH bagholder cope post. They are terrified of Cardano, as are BTC maximalists, AVAX shills, etc. They attack and slander Charles ad nauseum. They know Cardano is going to fuck them right in the ass as they hold their ETH bags into oblivion.

1 hours later 28146179 Anonymous
>>28145499 no one can predict what is going to happen with price. That said, look at what is coming for Cardano. Smart contracts are finally coming to market after years of development... this is why cardano is pumping. Investors know this. Here is a video on what is coming and how things are developing: >https://youtu.be/e_C90pUrfKs

1 hours later 28146324 Anonymous
>>28144976 I've been putting small amounts into things that I see popping up on /biz/, after reading up on if it makes sense or not. I bought one EGLD a few days ago, for example, and now that worked out nicely. Of course that's not a way to get rich, but it's nice to make some profit on a "side" thing. I'd say hang around /biz. and you'll recognise bullshit hype threads and legitimate projects with a future. If you want something less time-consuming, spend some initial time researching a few coins and then pick one/two and DCA. And BTC is always a safe bet. Although keep in mind we're probably in a high right now.

1 hours later 28146507 Anonymous (1612735703551.jpg 1914x745 254kB)
>>28145067 basically don't do (pic related)

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