ADA is not a shitcoin as Arthur Hayes believes

[Baofeng]

Clearly, this Arthur Hayes is only doing what's good for him.
To say on a project which is very worthy of a place in the top altcoins that it is not a good coin is very stupid , most likely now he will not be believed , although idiots)) in our time much more than reasonable people .

I believe that Arthur Hayes is really talented and has a lot of success in the financial market, at least he is richer and more famous than me ^^

But it seems his reputation is no longer as good as before, as he chooses to confront and accuse projects/tokens in the market with unconvincing arguments. I also don't like his language, it shows no respect for the project teams or his followers. He cannot convince me with what he is showing. I will still be a fan of Cardano!

Yes, I somewhat agree, not sure what happen to him but it seems that he made some U-turn already or some just bad statements to the public.

As far as ADA goes, I would tell everyone but it is one of the coins that I hold in the last bull run and it really give me a lot of profits. And with that, I wouldn't say it's a shitcoin. On the contrary, it has evolved so much after 2021-2022 and up to know the devs are really making a lot of revisions and there are still in some in the pipeline.

[MrSpasybo]

Yes, I somewhat agree, not sure what happen to him but it seems that he made some U-turn already or some just bad statements to the public.

As far as ADA goes, I would tell everyone but it is one of the coins that I hold in the last bull run and it really give me a lot of profits. And with that, I wouldn't say it's a shitcoin. On the contrary, it has evolved so much after 2021-2022 and up to know the devs are really making a lot of revisions and there are still in some in the pipeline.

Yeah, of course ADA is not a shitcoin because it has great value in a strong growing Cardano ecosystem, Plutus V3 is being deployed and improving network performance and promoting cross-chain interoperability. Cardano will soon connect to other blockchains seamlessly, contributing more to the overall development of blockchain technology/crypto market.

I dare not give my opinion on future of ADA token price because it would look like investment advice, I just hope that ADA token will not disappoint holders. The return of ADA in the bullrun will be the best answer to the unreasonable accusations of the anti-fans 

[bitterguy28]

I have been in the crypto market since 2012 and watched the emergence, growth, decline and disappearance of dozens of blockchain projects. Cardano is one of the most sustainable development projects, with the most interesting and potential technology to continue to exist and serve the needs of users in this market. In terms of investment potential, ADA token has also shown great success when it has had outstanding growth in 2017 and 2021. ADA created a new ATH in 2021 and escaped the list of failed tokens from the old cycle.

It is a normal practice in crypto world that attacks will happen specially if the project i an opponent or competition about their services offered.
we have seen this over the years even Ethereum is once called shitcoin when this compete against rankings , but ETH proven its capacity and up to now stays rank 2, so Cardano having the same thing now and we as ADA holder will never buy their stupid beliefs and attacks.
instead this gives us opportunity to buy in lower value and up to now? we are having that great collections .

[MrSpasybo]

It is a normal practice in crypto world that attacks will happen specially if the project i an opponent or competition about their services offered.
we have seen this over the years even Ethereum is once called shitcoin when this compete against rankings , but ETH proven its capacity and up to now stays rank 2, so Cardano having the same thing now and we as ADA holder will never buy their stupid beliefs and attacks.
instead this gives us opportunity to buy in lower value and up to now? we are having that great collections .

I only like FUDs in the crypto winter because it allows us to buy more tokens at cheaper prices. However, in a bullrun, when I have accumulated enough tokens that I want, I want the potential of the project to be properly evaluated so that users can focus on investing and take the token price to a new ATH. At the same time, by focusing on good projects, new investors will not be distracted by scam projects in the market.

Right now, I want everyone to focus on learning about Cardano: technology, updates, community, partners... instead of listening to the baseless words of KOLs. KOLs are just human beings, and their understanding can be completely limited by personal prejudice.

[electronicash]

Fud usually done so they could bring the price down, sometimes its not even true. but i guess its also your time to buy when they wanna buy.

recently there's the news about USDM just launched in Cardano which is the newest stablecoin in the network that is backed by fiat USD. it was a week ago but i haven't seen it listed anywhere yet. pundits say USDM has superior properties to USDT and USDC in that it can’t be frozen.
https://cointelegraph.com/news/usdm-stablecoin-retail-rollout-april-mehen-founder

[MrSpasybo]

Fud usually done so they could bring the price down, sometimes its not even true. but i guess its also your time to buy when they wanna buy.

recently there's the news about USDM just launched in Cardano which is the newest stablecoin in the network that is backed by fiat USD. it was a week ago but i haven't seen it listed anywhere yet. pundits say USDM has superior properties to USDT and USDC in that it can’t be frozen.
https://cointelegraph.com/news/usdm-stablecoin-retail-rollout-april-mehen-founder

Thank you for the update on USDM. It could be the perfect alternative for USDT and USDC, which cannot be seamlessly integrated into the Cardano ecosystem due to their limitations. I hope that when widely adopted by both retail users, USDM can help DeFi on Cardano grow more strongly, thereby promoting the development of both the ecosystem and ADA token price.

We are already busy with the updates of the Cardano ecosystem, we do not have enough time to follow the FUDs on the market. FUD will soon become FOMO when ADA token price surges above $1