@HMResearchX It makes sense; investors don't like drama. And if there is new drama each day, thanks to the drama king, then at some point people will leave.
Hearing that kind of hysteria from Charles in his latest video is alarming. The worst part was when he threatened to burn Cardano down (proof of burn!) and create a new one. The guy seems unstable and is getting crazier by the day, making me think twice about investing in Cardano again. However, because Cardano is truly decentralized, I still have hope it will recover someday.
I unfollowed him a few years ago when he called the meme coin DOG (Bitcoin) an investment in one of his YouTube videos, and he considers himself a "value investor." 😂 .. That was the moment I thought, you can't take that kind of clown seriously.
Even the founders of meme coins often say it's worthless and just for fun. Then a dude calling himself a "value investor" tells his big audience he "invested" in a meme coin. We live in a clown's world. 🤡
@TheGodMurdoch Decentralization means the founder has zero power over the protocol. That’s the feature, not the bug.
If you want a founder king running everything, buy company stock instead.
Crypto IQ is dropping fast when people call that “cooked.” Stupidity levels hitting new ATHs. 😂
@marek_@Celo Nice try 😂.. Btw, Cardano isn't Charles. Cardano is a truly decentralized blockchain. It's a very secure blockchain running 24/7 without outage issues. The founder can talk BS, take a break, or even leave to do something else. Cardano doesn't care.
Cardano has the best tech—very secure and truly decentralized. It has a great community and really deserves to be in the top 5. But the market doesn't care.
If—and it's a big if—the bear market has already started, most altcoins will drop over 95%, including Cardano (ADA). Cardano has gone through two bear markets. In the first, it fell almost 98%, from $1.31 to $0.02. In the second, it dropped almost 93%, from $3.09 to $0.21.
If the $1.32 peak in December 2024 was the top of this last bull cycle, ADA could decline 95% based on the average of the last two bear cycles. That would put it under 10 cents, maybe $0.05 or $0.06—and that might not be as bad as the first bear market, where ADA went from $1.31 to $0.02.
Always do your own research and never invest more than you can afford to lose. When investing, assume it could go to $0. That's the best way to manage your risks.
@MeshnetCapital I use Cardano just as I use Bitcoin. I don't need DeFi lending and borrowing and all that BS. To me, the product is a very secure, truly decentralized blockchain running 24/7 non-stop with zero outage issues. That's why I use Cardano, as a very secure vault.
"I've been saying it failed from the very start" is nonsense and shows your biased opinion based on nothing. At the start there was literally nothing to fail, just research papers and early code. No chain, no users, nothing running yet.
You don't get to call a project dead before it even launches. Cardano shipped in 2017 and is still here, running 24/7 non-stop, very secure, zero outage issues. Your prediction was wrong before it had a chance to be right.
And Charles in this video talking bs is clear, but the beauty of Cardano is truly decentralized, so even if the founder goes nuts, he can't change Cardano on his own. The only thing he is causing is a bad image for Cardano because for many ignorants like you, he is still considered "the face" of Cardano just because he's the founder.
That's why I think it will be way better for Cardano's image if he leaves Cardano and goes to work on something else outside of crypto. Maybe that would also be better for him, because he looks very tired of all that bs like yours.
@ItsDave_ADA@M54304024 At this point, I think he needs to go find some help, because it seems he’s losing it, I feel sorry for him. But I’m curious if he really can do what he said in his video, burn down Cardano and create a new one? WTF?
@AgooDnoteYMTfam@CardanoAftrDark The house analogy is stupid. A house has an owner. A decentralized system does not. Cardano is a decentralized blockchain. Charles handed governance to the dReps. Once it's live, you don't get to threaten burning it all down just because you lost the vote.
Don't be a dumb sheep.
@CardanoAftrDark Charles launched governance and handed it to the dReps. It's live now. We have to respect the process — we can't reverse it.
Threatening to burn Cardano down because you lost the vote is emotional blackmail. What else can we do?
If those upgrades are truly crucial for Cardano, it shows the roadmap wasn't planned well from the start. The product isn't finished yet.
Governance was handed to the dReps. The community is now practicing it as designed. Threatening to burn Cardano and create a new one because the votes didn't go your way only makes things worse. It looks like failed planning followed by blaming the community for using the system that was launched.
Respect the process or don't launch it.
I would vote for IOG to upgrade Cardano. They should simply submit proposals and respect the voting process and its results.
The way he communicates with the Cardano community is troubling. Blocking dReps on X and creating drama out of thin air is bad enough. The worst part was in his last video, where he threatened to burn Cardano and create a new one. It's ridiculous.
Hearing that kind of hysteria from the founder now makes me think twice about investing in Cardano again.
Cardano has the best tech—very secure and truly decentralized. It has a great community and really deserves to be in the top 5. But the market doesn't care.
If—and it's a big if—the bear market has already started, most altcoins will drop over 95%, including Cardano (ADA). Cardano has gone through two bear markets. In the first, it fell almost 98%, from $1.31 to $0.02. In the second, it dropped almost 93%, from $3.09 to $0.21.
If the $1.32 peak in December 2024 was the top of this last bull cycle, ADA could decline 95% based on the average of the last two bear cycles. That would put it under 10 cents, maybe $0.05 or $0.06—and that might not be as bad as the first bear market, where ADA went from $1.31 to $0.02.
Always do your own research and never invest more than you can afford to lose. When investing, assume it could go to $0. That's the best way to manage your risks.
Cardano has the best tech—very secure and truly decentralized. It has a great community and really deserves to be in the top 5. But the market doesn't care.
If—and it's a big if—the bear market has already started, most altcoins will drop over 95%, including Cardano (ADA). Cardano has gone through two bear markets. In the first, it fell almost 98%, from $1.31 to $0.02. In the second, it dropped almost 93%, from $3.09 to $0.21.
If the $1.32 peak in December 2024 was the top of this last bull cycle, ADA could decline 95% based on the average of the last two bear cycles. That would put it under 10 cents, maybe $0.05 or $0.06—and that might not be as bad as the first bear market, where ADA went from $1.31 to $0.02.
Always do your own research and never invest more than you can afford to lose. When investing, assume it could go to $0. That's the best way to manage your risks.
We are here for decentralized blockchains. If you want to invest in company stocks, you can do that in the stock market.
I think if he sells all his ADA and goes to work on something else outside of crypto, Cardano could be something big. Many are gone, and many don't want to do anything with Cardano because of the founder's behavior.
He pissed many people off, even those who were part of the community.
When you build a truly decentralized system, it's good to know when to leave it and go do something else. Satoshi did that too.
@LoganJastremski Decentralization is the product, that's why I'm using blockchain, especially if the blockchain is very secure and without outage issues, such as Cardano and Bitcoin. I like Ethereum too; it's still a useful blockchain.