What’s Cardano (ADA) really worth?
$2.70 would be price parity for Cardano
with BTC trading at $5,800.00.
Cardano is only a 100x candidate.
Of course, in order to accept that relative comparison,
you’ve got to believe that Cardano is just as good as BTC.
And if you think it is even better than BTC?
This Charles Hoskinson IOHK project introducing the world’s “first proof of stake protocol that has mathematically been shown to be provably secure”, aka Ouroboros, is the most “conservative” member of my big 4, quite ironically since it is a very recent upstart, but that also gives it a state-of-the-art foundation, so not all bad simply because it’s new. 😃
You can only imagine how much I think ADA is worth.
This is one that could easily trade above fair value. 😎
Here’s a couple of nice jumping on points:
https://iohk.io/blog/why-we-are-building-cardano/
https://iohk.io/projects/cardano/
https://www.cardanohub.org/
I have to give you credit @cryptographic.
You sure are coming up with some obscure ones of late. The last two I never heard of.
Well, you give me plenty of homework to do.
By the way, I am getting a bit more excited about Bitshares...will probably add another small position this week.
Great to hear it! Will be eagerly awaiting your observations!
From what I can garner so far, it seems like Bitshares is going after the stock markets, the currency markets, the commodity markets and the entire banking system.
I really like the MPA idea which is their smartcoins. This stability provides a foundation for the UIAs that are issued.
Basically, it seems like Bitshares seeks to totally overhaul the financial system.
One question if you know: is MUSE part of bitshares or just on the blockchain?
It is a new model of finance...
Yes, I agree, yes, and I really don't know anything about MUSE. 😕
It is a way for musicians to "copyright" their music via the blockchain.
It is listed on the bitshares website but there is a Muse coin. I think it was built on the BTS blockchain but is a different animal.
Yeah, I found this in muse: https://steemit.com/muse/@cob/muse-project-status-update-action-soon-required
Looking a little dead here on Steemit.
On BitShares Forum it looks rather dead too.
Their website link on coinmarketcap redirects to PeerTracks and that looks pretty dead as well.
Let me know if you come up with anything else.
I will keep researching and seeing what I can uncover...they go really in depth in their stuff.
Nobody can accuse them of putting together lame white papers.
https://www.forbes.com/sites/rogeraitken/2016/01/23/muse-leveraging-blockchain-technology-to-revolutionize-music-industry/#3368a9b92418
great conecept cardano is an amazing coin its the ether killer thanks for sharing
@cryptographic,
I heard about ADA but today I got an idea how much it might be worth when comparing to BTC market supply! Actually I never did such kind of analysis before! If I am not mistaken this is the perfect analyzing methodology before investing on any kind of crypto currency!
I have two requests to you! Please be kind enough to write a review about LTC and XRP! I am little stucked with those coins :/
Cheers~
Litcoin has a 4:1 total supply ratio with BTC. With BTC at $5,800, LTC should trade at $1,450. That means it's roughly a 30 to 1 return on investment candidate.
Ripple has ~1,691 more total supply than BTC = fair value at $3.16 with BTC at $5,800, making it just slighly better than a 15x candidate.
Of course, this is just a baseline method to get a general idea, but there are a multitud of other factors to consider, just like in the cases of STEEM, BTS and SYS there are genuine business also afoot, there are negatives to also consider like that of being a simple passive cryptocurrency operating in the perhaps shortening shadow of Bitcoin, as in the case of LTC. Nevertheless, like you say - and I obviously agree - it is a perfect way to set the big picture up. Thanks for the feedback!
@cryptographic , agreed about steem, bts and sys. ltc is a big candidate too since it is a bit more known as this 3 for now. upvoted. @gold84
By the way have not heard from you on the latest posts of buying opportunities.
@cryptographic,
Thank you very much friend this is very useful thing before buy any kind of coin!
Yeah you are very true! STEEM, BTS and SYS seems good projects! I think it's time to sell my XRP base and move to STEEM or BTS!
Great analysis friend! Hope to hear more about this technique from you!
Cheers~
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Have not really heard about the Coin but it does seems promising .I do like the idea of your recent posts.Keep on going at it buddy
Nice Updates ,Thanks for that
My pleasure, and thanks for your comments!
cardano looks a great buy :)
It's a sweet one. 😋
BTW, was thinking you might like this. ;-)
https://steemit.com/emojis/@blueorgy/steemit-emojis-master-list
pretty cool that post was :D champion ❣
@cryptographic this one was out of my research, although I started to see it on the top cryptos. thanks for sharing this analysis. Have you seen how EOS has been climbing to double its price from 3 days ago, at the same time bitcoin is climbing. Bitshares has climbes too today. Many of the alts are really suffering for this. Upvoted. @gold84
Thanks for the information and useful
Thanks @cryptographic
Have a nice day
What a remarkable post about cardano. If cardano most of used huge trade market, how will invest there law mileage users? That is a constancy or not? I need your answer sir..bcz i have no idea for cardano
Great information about Cardano and valuable links you posted study more about Cardano. Dear sir @cryptographic. I need more infomation about this. is this crypto module? What`s the markets Cardano use? Finding some good stuff on that one.
Bitcoin is king......,,,,,,