People talk about ADA like it's the only chart that's down. Meanwhile:
BTC: ~49% below ATH
ETH: ~63% below ATH
SOL: ~76% below ATH
DOGE: ~88% below ATH
ADA: ~90%+ below ATH
AVAX: ~90%+ below ATH
LINK: ~75–80% below ATH
The story of this cycle hasn't been Cardano.
It's been Bitcoin dominance.
Capital flowed into BTC while most alts got crushed.
Cardano isn't alone. The entire alt market has been fighting the same headwind.
The question isn't whether ADA is down. The question is what happens when capital rotates back out of Bitcoin. 👀
If you're a Cardano holder, please repost this immediately.
We've come to an absolute defining moment for ADA.
In the next 48 hours, the proposals that fund Cardano development are being decided.
While the #2 chain in crypto loses their builders or researchers, Cardano can keep theirs, at one of the most critical times of the altcoin cycle.
Cardano has come this far. It can not stop here.
DReps, think about the impact here.
Holders, make your voice heard.
ADA's near a five year low. No point pretending otherwise.
But the chart and the network are two different things.
Cardano is still one of the most decentralized chains running.
It has thousands of independent stake pools, one of the longest uptimes in crypto.
Cardano is the blockchain built right from the ground up.
That's true whether $ADA is at $3 or 20 cents.
Conditions like these are rough on projects, builders and also the community.
We must remember the Cardano mission and keep building, improving and working on brining new people in.
Red candles often result in negativity and pointing fingers. This doesn't solve anything.
Let's build through it.
Someone posted this on Facebook...so true!
Tax his land,
Tax his bed,
Tax the table
At which he's fed.
Tax his work,
Tax his pay,
He works for peanuts
Anyway!
Tax his cow,
Tax his goat,
Tax his pants,
Tax his coat.
Tax his tobacco,
Tax his drink,
Tax him if he
Tries to think.
Tax his car,
Tax his gas,
Find other ways
To tax his ass.
Tax all he has
Then let him know
That you won't be done
Till he has no dough.
When he screams and hollers;
Then tax him some more,
Tax him till
He's good and sore.
Then tax his coffin,
Tax his grave,
Tax the sod in
Which he's laid.
When he's gone,
Do not relax,
It's time to apply
The inheritance tax.
Accounts Receivable Tax
Airline surcharge tax
Airline Fuel Tax
Airport Maintenance Tax
Building Permit Tax
Cigarette Tax
Cooking Tax
Corporate Income Tax
Goods and Services Tax (GST)
Death Tax
Driving Permit Tax
Environmental Tax (Fee)
Excise Taxes
Income Tax
Fishing License Tax
Food License Tax
Petrol Tax (too much per litre)
Gross Receipts Tax
Health Tax
Heating Tax
Inheritance Tax
Interest Tax
Lighting Tax
Liquor Tax
Luxury Taxes
Marriage License Tax
Mortgage Tax
Pension Tax
Personal Income Tax
Property Tax
Poverty Tax
Real Estate Tax
Retail Sales Tax
Service Charge Tax
Telephone Tax
Value Added Tax
Vehicle License Registration Tax
Vehicle Sales Tax
Water Tax
Tax (VAT) on Tax.
And Now they want a blooming Carbon Tax!
STILL THINK THIS IS FUNNY?
Not one of these taxes existed 100 years ago, & our nation was one of the most prosperous in the world... We had absolutely no national debt, had a large middle class,a huge manufacturing base, and Mum stayed home to raise the kids.
What in the happened? Could it be the lying parasitic politicians wasting our money?
Oh, and don't forget the relatively new bank charges....
And we all know what we think of Bankers.
I hope this goes around the UK at least 1,000,000,000 times!!!
YOU can help it get there!
Unrealized gains tax for Gen-Z:
You buy a Pokémon card for $50.
Someone offers you $500 for it. You say no. You love that card. You're keeping it.
The government says: "Cool, but that card is worth $500 now. You owe us $100 in taxes."
You: "…I didn't sell it."
Government: "Don't care. Pay up."
You don't have $100 lying around. So you're forced to sell the card you love just to pay a tax on money you never received.
Next month? That card drops back to $50.
Your card is gone. Your money is gone. And the government shrugs.
That's a wealth tax on unrealized gains. They don't pay you back the tax...
Now picture this.
Your mom calls you crying. She has to sell the house she raised you in. Not because she can't afford it. She's lived there 30 years. It's paid off.
But some website says it's worth more now and the government says she owes $15,000 she doesn't have.
So she sells your childhood home. The kitchen where she made you breakfast. The doorframe where she marked your height every birthday.
Gone.
To pay a tax on money that was never real.
Now picture the opposite.
Your dad put everything into his small business. For 20 years he built it from nothing. One year the business is "valued" at $2 million on paper. He owes a massive tax bill. He empties his savings. Sells his truck. Borrows money. Pays it.
Next year the market crashes. His business is worth $200,000.
He lost everything to pay a tax on a number that doesn't exist anymore.
Does the government give him his money back?
No.
Does the government give him his truck back?
No.
Does the government care?
No.
They sold this idea as "taxing billionaires." But billionaires have armies of lawyers, offshore accounts, and trusts. They'll be fine.
You know who won't be fine? Your mom. Your dad. Your neighbor with a small business. The farmer down the road who's had the same land for four generations and now has to sell it because dirt got expensive.
You're not taxing wealth. You're taxing people for owning things.
It's like getting a parking ticket for a car you might drive somewhere someday.
They want you to own nothing and be happy. To fund the fraud, waste and abuse of the welfare state they created.
There is enough money. More tax isn't needed. It's all a lie. But you've been gaslit into believing this is a rich vs poor debate.
I hope you understand what's at stake.
I walked into the Cathedral in Toledo, Spain 🇪🇸 today and I’m blown away by what I saw.
I’m going to flood this post and do more posts with images for you all to witness.
Christianity saved the world.
We are under assault again by barbarians & demons, we need to unite again.