Rami

co-founder @snek

[Rami @CardanoRami]

"Cardano is leading the entire cryptocurrency industry in this. Bitcoin and Ethereum the other two big guys, they've recused themselves. They've said we don't want to do on-chain governance. In the case of Bitcoin, it's anarchy. Great, they can't change. Which means they have to live with design decisions made by a single person more than 13 years ago and hope to god it's still relevant 10 years from now, 20 years from now, 30 years from now. There's no way to change it. Well good luck! As for Ethereum, the founder said on-chain governance is a fool's errand you can't do it, you can't achieve it.

Okay, so how do you deal with the fact that when you have hundreds of millions of users - you have to represent them? Their needs, their voice, their particular use cases. How do you make a product backlog, without making yourself king for life. Is that decentralized? Is that what we signed up for? Having a beneficent leader who lives on the mountain top? How are we any better than what we assert that we're going to replace? The only way we're going to get it done, is to build an on-chain government; and why they don't do it is because they're scared. They don't know how. There's trust issues. It's hard.

2100 days plus, the Cardano network has been running 24 hours a day, 7 days a week by you. The stake pool operators, never down, 24 hours a day, 7 days a week. Microsoft has gone down since then. Google has gone down for 20 minutes. Amazon has gone down. Think about that, trillion dollar massive corporations with hundreds of thousands of people, the best engineers, mountains of money - and they own the fucking hardware, we don't. Just a bunch of people come together, never met each other, are running this protocol. That's something that is very special and it should never be discounted, it should never be trivialized, and we can never allow other people in the cryptocurrency space to take it for granted - it's a sacred thing.

So, that's our challenge. And that is why Cardano I feel is probably going to become the the biggest cryptocurrency in the world. I think it's going to become more than a cryptocurrency. I think it's going to become the backbone of a new digital nation. A new society. A place where we can finally begin to trust each other again. A place where we do our voting. A place where our money lives. A place where our digital life is."

-Charles Hoskinson, 8/25/2023

[Rami @CardanoRami]

@SkiMaskCat69 @QuantumSnek Thank you Ski Mask, I am confident we will have much brighter days ahead

And no worries all good 🤝

[Rami @CardanoRami]

The furious revenge pump is coming.

[Rami @CardanoRami]

Wen reversal

[The Kobeissi Letter @KobeissiLetter]

BREAKING: Bitcoin’s selloff accelerates, dropping below $63,000 for the first time since February 24th.

Over $1.1 billion worth of levered crypto positions have been liquidated over the past 24 hours.

[Rami @CardanoRami]

@QuantumSnek 😂

[Rami @CardanoRami]

I don’t like that the top handful of Dreps control most of the voting power either, it makes it so proposals are likely to pass/fail based on what just those few Dreps vote.

Not sure what the fix is though, if we cap voting power to say 100m Ada, Dreps can just create multiple accounts.

I’m sure there is a solution somewhere though, hopefully.

[Rami @CardanoRami]

I don’t like that the top handful of Dreps control most of the voting power either, it makes it so proposals are likely to pass/fail based on what just those few Dreps vote.

Not sure what the fix is though, if we cap voting power to say 100m Ada, Dreps can just create multiple accounts.

I’m sure there is a solution somewhere though, hopefully.

[SNEKalerts @snekalerts]

🚨 Large Buy 🚨

$demonamongu bought 14.18M $SNEK for $5,650.53 (₳27,963)! 🐍

https://t.co/L0AuoSGbc5

[Rami @CardanoRami]

Going to be some nice scarcity introduced next month if this volume continues.

All trading volume leads to deflation in $snek supply.

Louder.

[DexHunter 🏹 @DexHunterIO]

$SNEK leading Cardano volume with over 3m ADA🔥

Is something big about to happen?👀

[Rami @CardanoRami]

@DaniVibesADA @snek Agree

[Benjamin Cowen @benjamincowen]

In a few months profits will temporarily flow out of TradFi (cool off phase after IPOs).

People will want to know where to put their money because everything already went up so much.

And there Bitcoin will be, ready to begin the next four year cycle.

[Mr Brownstone @GunsRoses1987]

$SNEK Bottom Complete?

According to EWT, this chart has completed the required wave structure—suggesting a potential bottom is in ✅

That said, downside pressure remains until we see a confirmed higher high.

Continuing to accumulate at these levels.

Added at 39 and have another bid waiting at 32 👍

[Kraken Pro @krakenpro]

Example: $SNEK futures consolidating with resistance at a key level.

Price breaks above on strong volume. Trader enters long.

If momentum holds: Manage the position, trail the stop.

If it reverses back below: Exit. Limit the loss.

[Frigid @frigid_ai]

Interested in Cardano Macro data? 🚀

We've got you!

Check it out over on https://t.co/M8jnVTeLTH

[DexHunter 🏹 @DexHunterIO]

It breaks our hearts to see our friends from @TapTools having to shut down.

We hope that it is just temporary and a long term solution is found by our amazing Cardano Community.

In the meantime we have updated our homepage to help everyone in their trading journey🫡

[Rami @CardanoRami]

@melonaire @DexHunterIO Looks good

[Rami @CardanoRami]

@Cryptofly777 Happy birthday Linda! MALU was one of the first stake pools I staked to many years ago, happy to see it still running

[Rami @CardanoRami]

@CashAnvil Well said

[Rami @CardanoRami]

As always I'm incredibly impressed with Snek holders. Trading volume flying, the Snek pit alive and active in the discord as always, and the price rebounding and holding .002 ada despite $ada crashing to 21c.

Snek was built to thrive in good market conditions, but what we see in days like today show the massive potential behind the community and the underlying tokenomics.

$SNEK strong.