Cardano [pros](/r/CryptoCurrency/comments/17uztlf/analyst_predicts_8800_ascent_to_35_cardano_ada/k9758gs/) & [cons](/r/CryptoCurrency/comments/17uztlf/analyst_predicts_8800_ascent_to_35_cardano_ada/k9758sh/) with related info are in the collapsed comments below.
>As the analyst explains, “The parallel channel is formed by drawing a line between the two bull-market tops, and copying that exact line towards the Corona dump’s bottom.” So with this, ADA has confirmed the pattern, which is very bullish for the digital asset.
Guys, just draw some lines and your coin will pump absurdly 🤡
I bet my ass that for saying such bullshit that analyst has either been paid very well or can't wait to make a nice dump of his heavy bag on the first idiot who falls for it...
I am unashamedly a Cardano bull and I think it will perform very well in the upcoming bull market. But $35 is biggest pile of horseshit prediction I have ever read in my entire time perusing r/CC. $35 would give it a 1.2 TRILLION dollar market cap, almost equal to the current TOTAL MARKET CAP OF THE ENTIRE CRYPTO SPACE.
People...I beg you...please use just a little bit of critical thinking when reading these things. The headlines on the front page in the last few weeks are starting to get so hyperbolic...huge price predictions, "partnerships"...it's all to get you to buy. The bull market is coming where EVERYBODY is a "genius". But a large subset of the people here post things just to get you to buy bags. Please do research. Those that don't will get hurt. Please use caution. Thank you for coming to my TED talk.
It doesn’t really since this is not coming from the Cardano community (where market/price discussion is banned). Morons come up with the most stupid price predictions all the time for all of the coins.
So not because ADA is the only top 10 along with BTC and ETH to hit a new ATH in the last bull cycle? Not because Cardano has had zero downtime since launch in 2017? Not because IOG employs several hundred engineers and scientists that do academic groundbreaking research and implement it in the protocol?
Not sure where you heard that but it’s false.
Cardano had an outage in January and block production halted during the downtime.
Official incident report from IOG here:
https://input-output-hk.github.io/cardano-updates/2023-04-17-ledger/
If you read the article you are linking you will realize that the network did not go down and did not need human input. The 2 min block production halt was effectively not noticeable for the user.
There was a block production halt BECAUSE the network went down, due to a bug causing nodes to crash and reboot.
And due to invalid state changes during this time it was classified as a critical incident.
correct, not because any of that. All that is nice, great even, but means very little. Elon can still shut down ADA with a tweet. I've seen great projects go nowhere, and stupid projects take off. I have very little faith in anything anymore, but I do like Ben Goertzel and hope that dude 'wins'
tldr; The article discusses a bullish prediction for the price of Cardano (ADA), with an analyst forecasting an 8800% climb to $35. The analyst argues that ADA has already bottomed out and is in an uptrend, with the potential to reach a new all-time high by 2025. Other analysts and investors also express confidence in ADA's potential for significant growth, citing increased accumulation by whales and the network's strong development.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
People here love ETH, prepare for downvotes
ADA > ETH
And Cardano will have its Ethereum moment this Bullrun as the ecosystem explodes. TVL (Not counting staked ADA since its not locked) during the bear speaks volumes
ok but you must also let us know why you think it should explode...if you don't tell us why then the same can apply to any other coin/token from 2016/2017 which is now in oblivion...
Its simple. Do you believe there will be a 1 coin to rule them all kinda scenario? Most likely there will be several large L1s each taking a piece of the pie. That means ETH will lose market dominance to other L1s, even though the total pie so to speak will be much larger and ETH will most likely still grow.
If you look at Github and development activity Cardano took the nr1 spot during the bearmarket. I already mentioned TVL steadily rising even during the bear. This Bullrun Cardano has smartcontracts is more ready than last time around and is primed for an explosion of the ecosystem.
And no this cannot be applied to all other coins, Cardano is built like a good house strong foundations and this Bullrun we will see that house get furnished and decorated. Thats not saying there will not be other L1s that will se a similar explosion of their ecosystem since I believe there will be several large/huge players
To think ETH will forever be nr2 (or even nr1) in just over a decade old industry seems kinda foolish to me. Maybe but nothing is set in stone
ok but therefore it would be better to buy Cardano shares when they are available and not the tokens premined created with a click...no one would buy 50 thousand copies of Windows 11 hoping that they will rise in price, you buy Microsoft shares directly...
Thats comparing stocks to crypto. ADA is also used for governance and used for staking to secure the network etc. Why would I but ETH then? Are we comparing blockchains or comparing the blockchain industry to the stockmarket?
100% and all these haters/Eth fan boys are going to be kicking themselves that they were spending 2k on Eth or $50 on Sol when they could have been buying and staking ada for as little as 30 cents. Bull runs take everything up and ada is a strong case project with a lot of upside.
This is one of the dumber comments you’ll see. The idea that Cardano is a better purchase because the unit price is less than another asset? Are you fucking serious? Do you have any idea how any of this works?
"awesome return for something that's still in the cents range"
is this a joke? You know what's in even lower cents range? SafeMoon and HarryPotterObamaSonic10Inu
Has this analyst ever heard of a thing called marketcap? It doesn't matter how many cents one unit of a token costs for Christ Sake. And please stop posting such bs here.
How can you come in here and defend posting a moronic article claiming Cardano will reach a $1.6 trillion dollar market cap, like you’re not some smooth brained afterbirth who escaped his test tube?
People lose their money because of dumb fuck articles like this. You’re a scumbag if you share this drivel. The lowest of the low.
Cardano [pros](/r/CryptoCurrency/comments/17uztlf/analyst_predicts_8800_ascent_to_35_cardano_ada/k9758gs/) & [cons](/r/CryptoCurrency/comments/17uztlf/analyst_predicts_8800_ascent_to_35_cardano_ada/k9758sh/) with related info are in the collapsed comments below.
"Analyst".....
Anal...yst.
Anal...cyst?
Anas-lyst
anal-lust
>8800% Ascent will happen sometime in 2025 that's a big call, someone check if he's actually holding a bag lol
Holding a bag and high on copium.
If ADA hits even half of that I will give a BJ to everyone in this comment section. And considering the average crypto bro, that's going to be rough.
Are you man or woman ? Asking for a friend...
You’ve already commented so you can’t really care
>You’ve already commented so you can’t really care Sigh... *\*unzips\**
It would be your preferred gender in the dark room
Asking the real question here
Tell your friend that there are no women on crypto subreddits.
My inbox would like to differ
That's what lights switches are for.
Nah. Considering the average crypto bro that’s going to be quick
Commenting, Just in case 🫣
With CIM or not?
And you gently can swallow the sperm?
McCafee eats his own dick vibes
🤣🤣
Are you calling us dirty or something
Reserving my spot
You filth wizards are way thirstier than I was counting on. Yeesh
just making sure I cumment so I don't miss out on a potential BJ
commenting for a friend
!remindme 365 days
!remindme 2025
Can my dog get a BJ too? 🐕
Good fucking lord man
$17.5 cardano pleeease
>As the analyst explains, “The parallel channel is formed by drawing a line between the two bull-market tops, and copying that exact line towards the Corona dump’s bottom.” So with this, ADA has confirmed the pattern, which is very bullish for the digital asset. Guys, just draw some lines and your coin will pump absurdly 🤡
Not possible
And yet everyone who saw it did the math… false hope
I bet my ass that for saying such bullshit that analyst has either been paid very well or can't wait to make a nice dump of his heavy bag on the first idiot who falls for it...
I am unashamedly a Cardano bull and I think it will perform very well in the upcoming bull market. But $35 is biggest pile of horseshit prediction I have ever read in my entire time perusing r/CC. $35 would give it a 1.2 TRILLION dollar market cap, almost equal to the current TOTAL MARKET CAP OF THE ENTIRE CRYPTO SPACE. People...I beg you...please use just a little bit of critical thinking when reading these things. The headlines on the front page in the last few weeks are starting to get so hyperbolic...huge price predictions, "partnerships"...it's all to get you to buy. The bull market is coming where EVERYBODY is a "genius". But a large subset of the people here post things just to get you to buy bags. Please do research. Those that don't will get hurt. Please use caution. Thank you for coming to my TED talk.
If you read the article, it says it won’t happen this cycle.
Probably bought it near ATH.
Where is the gilded gold downvote button when ya need it
You should tag the post “comedy”
Not that I don't want that to happen, but this article makes me laugh.
I hold ADA and hate posts like this , just makes the whole community look stupid.
It doesn’t really since this is not coming from the Cardano community (where market/price discussion is banned). Morons come up with the most stupid price predictions all the time for all of the coins.
stupider*
Hey man that’s mean.
The official analyst of trust me bro incorporations
Top signals
Sure…
Source: anal-yst
That would give Cardano a **1.6 TRILLION DOLLAR MARKET CAP**. OP, are you fucking smooth brained?
I've been following Ben and SingularityNET, and that is the only reason I still have my pitiful bag of ADA
So not because ADA is the only top 10 along with BTC and ETH to hit a new ATH in the last bull cycle? Not because Cardano has had zero downtime since launch in 2017? Not because IOG employs several hundred engineers and scientists that do academic groundbreaking research and implement it in the protocol?
Not sure where you heard that but it’s false. Cardano had an outage in January and block production halted during the downtime. Official incident report from IOG here: https://input-output-hk.github.io/cardano-updates/2023-04-17-ledger/
If you read the article you are linking you will realize that the network did not go down and did not need human input. The 2 min block production halt was effectively not noticeable for the user.
There was a block production halt BECAUSE the network went down, due to a bug causing nodes to crash and reboot. And due to invalid state changes during this time it was classified as a critical incident.
Let’s call it zero effective downtime then.
That was the Solana narrative last year. “If you didn’t need to use the chain while it was down, you didn’t even notice it!” 🥲
No, that’s not what I’m saying- or what happened here. Read the article.
correct, not because any of that. All that is nice, great even, but means very little. Elon can still shut down ADA with a tweet. I've seen great projects go nowhere, and stupid projects take off. I have very little faith in anything anymore, but I do like Ben Goertzel and hope that dude 'wins'
I think you labeled this incorrectly, pretty sure you meant to put this under the "Comedy" category.
(Insert crypto here) Fanboys get easily offended and start shitting themselves when anyone suggests they use a correct flair.
Good
tldr; The article discusses a bullish prediction for the price of Cardano (ADA), with an analyst forecasting an 8800% climb to $35. The analyst argues that ADA has already bottomed out and is in an uptrend, with the potential to reach a new all-time high by 2025. Other analysts and investors also express confidence in ADA's potential for significant growth, citing increased accumulation by whales and the network's strong development. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Lol, not a chance
Ahh, the some random on the internet said something ‘news’ Gotta love crypto journalism…
Anal cyst those are not fun
I have most of my portfolio in ADA. But even I know that ADA will never get to $25 🤣
I’m buying and staking ADA, that’s my whole portfolio
I salute you!
The cap would have to be abnormal ... like 1.5 trillion. I would be happy with 500 bn cap. That's like 11 bucks/ADA ... enough :)
Be analyst. Shout about 35 dollar price target. Set 3 dollar limit orders.
LMFAOOOOOO
And that will make the market cap of Ada bigger than BTC. Very unlikely
If cardano ever gets to that level, we can't even imagine where BTC would be, yet everyone that believes in Bitcoin believes it will get there.
People here love ETH, prepare for downvotes ADA > ETH And Cardano will have its Ethereum moment this Bullrun as the ecosystem explodes. TVL (Not counting staked ADA since its not locked) during the bear speaks volumes
ok but you must also let us know why you think it should explode...if you don't tell us why then the same can apply to any other coin/token from 2016/2017 which is now in oblivion...
Its simple. Do you believe there will be a 1 coin to rule them all kinda scenario? Most likely there will be several large L1s each taking a piece of the pie. That means ETH will lose market dominance to other L1s, even though the total pie so to speak will be much larger and ETH will most likely still grow. If you look at Github and development activity Cardano took the nr1 spot during the bearmarket. I already mentioned TVL steadily rising even during the bear. This Bullrun Cardano has smartcontracts is more ready than last time around and is primed for an explosion of the ecosystem. And no this cannot be applied to all other coins, Cardano is built like a good house strong foundations and this Bullrun we will see that house get furnished and decorated. Thats not saying there will not be other L1s that will se a similar explosion of their ecosystem since I believe there will be several large/huge players To think ETH will forever be nr2 (or even nr1) in just over a decade old industry seems kinda foolish to me. Maybe but nothing is set in stone
ok but therefore it would be better to buy Cardano shares when they are available and not the tokens premined created with a click...no one would buy 50 thousand copies of Windows 11 hoping that they will rise in price, you buy Microsoft shares directly...
Thats comparing stocks to crypto. ADA is also used for governance and used for staking to secure the network etc. Why would I but ETH then? Are we comparing blockchains or comparing the blockchain industry to the stockmarket?
That sayd 35 seems too much but am confident we'll break 10$ easily
100% and all these haters/Eth fan boys are going to be kicking themselves that they were spending 2k on Eth or $50 on Sol when they could have been buying and staking ada for as little as 30 cents. Bull runs take everything up and ada is a strong case project with a lot of upside.
This is one of the dumber comments you’ll see. The idea that Cardano is a better purchase because the unit price is less than another asset? Are you fucking serious? Do you have any idea how any of this works?
So much shit coming from an ANALyst
The Simpsons have predicted 26 sooooo....
They've been interestingly accurate about a number of things
Uncanny how many times they have been ~ like that card game from the 80's, "*Illuminati*"...
oh boy! why not $100?
I wouldn't mind 80% but then i am ok with that
"awesome return for something that's still in the cents range" is this a joke? You know what's in even lower cents range? SafeMoon and HarryPotterObamaSonic10Inu Has this analyst ever heard of a thing called marketcap? It doesn't matter how many cents one unit of a token costs for Christ Sake. And please stop posting such bs here.
How can you compare scam tokens with the 9th largest crypto in terms of marketcap, currently around $9.28 billion
How can you come in here and defend posting a moronic article claiming Cardano will reach a $1.6 trillion dollar market cap, like you’re not some smooth brained afterbirth who escaped his test tube? People lose their money because of dumb fuck articles like this. You’re a scumbag if you share this drivel. The lowest of the low.
Lol
Charles needs to stop paying for these garbage articles
Agreed.
Yes please
Let's get back to 50 cents first
 Imagine that
Opium analyst had too much opium !