Is technology really important for investment decisions?

[Rex067]

On Tuesday, February 6, the Solana network shut down again after nearly a year of stable operation. This is the 11th outage in the past 2 years. Perhaps users and investors are too familiar with this "incident", after 5 hours everything has returned to stability^[1].

Blockchain is a decentralized network that operates 24/7/365. Blockchain downtime is an extremely serious problem for users. This problem has existed for a long time and continues to need the Solana team to research and find a solution^[2].

What surprised me was not that the Solana network shut down, but that the SOL token price was not negatively affected by this bad news.

On the price chart, we do not have a serious decline, even at the moment, SOL token is already traded at over 100 USD.

This makes me feel that technology, which is heavily advertised by projects, is actually just one of many ways to market. Technology is only a part of supporting the price chart, technology does not have a direct impact on price. Technology does not determine token price fluctuations!

Ultimately, despite the extremely heated debate with each other about the technology of projects in the market, investors participate in the crypto market to seek profits. As long as the token increases in price and generates profits, that token is considered good, potential, and worth investing in. Blockchain stability is not too important to investors, only a very few investors actually use blockchain. If so, it is just an investment action to make a profit, not to solve an irreplaceable need of life.

For comparison, the EOS network has very good technology and has been operating stably for 2064 days, no downtime, no problems as Solana, but the EOS token price has divided 31 times compared to the 2018 peak. It is a bad choice for investment!

I want to hear your opinion on this issue:

• Are you entering the crypto market to pursue technology or profit?
• For you, is the project's technology important to the investment decision?

References:
[1] Solana Back Up Following Major 5-Hour Outage
[2] Solana Struggles: Understanding the Network’s Recent Outages
Note:

• My opinion was posted first in that topic, on Bitcointalk
• I leave the source link to avoid plagiarism accusation.
• I excluded/ included minor things from an original thread ^{if necessary}.

Technology is really a great tool when it comes to investment ideal and decisions. Tool like google search engines for you to make your research about the coin and get to understand the market analysis before jumping into conclusion.

[bitterguy28]

The Solana team has built up trust and is very communicative to their community that if there are issues the community will support the team in fixing them, technology for me is very important it will keep the project in the market and it will not be questioned why it's still in the market, for a project to stay long it should have something to offer and the #DevelopmentTeam  is very active in resolving issues something Solana kept doing.

That is  the reason about the popularity of solana nowadays started last year and up to now look at how much it grows for this coin.

and about OP's question ? of course technology is what we always need to trust the project not unless we have Idea about the coin being pump and dump.

[KryptoBull]

That is  the reason about the popularity of solana nowadays started last year and up to now look at how much it grows for this coin.

and about OP's question ? of course technology is what we always need to trust the project not unless we have Idea about the coin being pump and dump.

I believe that all tokens are pumped and manipulated by whales, and technology is just one of many bases for that pump. We have Solana with 65k tps, we have Ethereum with DenCun, we have Cardano with Plutus v3... those are all news about technology being used to pump token price.

In addition, we also have the fun stories of memecoins, we have the image of celebrities or investment funds, trial programs for millions of users... To be honest, everything seems to be a pump because when the downtrend comes, the token price has decreased dozens of times, that is the price that matches their true potential.

[LUCKMCFLY]

That is  the reason about the popularity of solana nowadays started last year and up to now look at how much it grows for this coin.

and about OP's question ? of course technology is what we always need to trust the project not unless we have Idea about the coin being pump and dump.

I believe that all tokens are pumped and manipulated by whales, and technology is just one of many bases for that pump. We have Solana with 65k tps, we have Ethereum with DenCun, we have Cardano with Plutus v3... those are all news about technology being used to pump token price.

In addition, we also have the fun stories of memecoins, we have the image of celebrities or investment funds, trial programs for millions of users... To be honest, everything seems to be a pump because when the downtrend comes, the token price has decreased dozens of times, that is the price that matches their true potential.

I think that all this has to have some associated technology, for the most famous who join the things that are for publicity and only what is most useful for them, 'that's why we saw Elon Musk with Doge, in fact all those who invested in Doge and they set a target of more or less 50%, they surpassed it and made more than enough, with the boost that he gave to DogeCoin it was something that no one will ever be able to forget, I also emphasize a lot about Solana, and it is one of the best investments that can be made In fact, the Solana network has been taken into account for the different projects, especially because of the lower transaction rates. I hope they continue like this and that they do not become saturated due to too many projects and what happens to all networks that become very congested. and they have to increase the rate.

[36B]

I think that all this has to have some associated technology, for the most famous who join the things that are for publicity and only what is most useful for them, 'that's why we saw Elon Musk with Doge, in fact all those who invested in Doge and they set a target of more or less 50%, they surpassed it and made more than enough, with the boost that he gave to DogeCoin it was something that no one will ever be able to forget, I also emphasize a lot about Solana, and it is one of the best investments that can be made In fact, the Solana network has been taken into account for the different projects, especially because of the lower transaction rates. I hope they continue like this and that they do not become saturated due to too many projects and what happens to all networks that become very congested. and they have to increase the rate.

Yes, that's right, currently Solana is being considered by many projects because it is very easy to enter the Solana network and has very low costs which are also important considerations for cryptocurrency developers. Most likely Solana will have its own exchange which will probably be like Binance and make it easy for the price to increase.

[Gurujebs]

Yes, that's right, currently Solana is being considered by many projects because it is very easy to enter the Solana network and has very low costs which are also important considerations for cryptocurrency developers. Most likely Solana will have its own exchange which will probably be like Binance and make it easy for the price to increase.

Is easy because it's now the next thing for meme coins, nothing spectacular about Solana but I admire the transaction speed but people are not buying Solana because they belive in the technology, they are buying it because of meme coins that are pumping and many of them are using the Dex which means demand is coming organically from everwhere and not just from centralized exchanges.

Solana can't have exchange like Binance, it already has its own decentralized exchange which many people are using already. Binance started as exchange until they launch Binance chain where as Solana started as a chain and win remain as a chain just like ethereum and other chains existed.

[densus88]

I think that all this has to have some associated technology, for the most famous who join the things that are for publicity and only what is most useful for them, 'that's why we saw Elon Musk with Doge, in fact all those who invested in Doge and they set a target of more or less 50%, they surpassed it and made more than enough, with the boost that he gave to DogeCoin it was something that no one will ever be able to forget, I also emphasize a lot about Solana, and it is one of the best investments that can be made In fact, the Solana network has been taken into account for the different projects, especially because of the lower transaction rates. I hope they continue like this and that they do not become saturated due to too many projects and what happens to all networks that become very congested. and they have to increase the rate.

Yes, that's right, currently Solana is being considered by many projects because it is very easy to enter the Solana network and has very low costs which are also important considerations for cryptocurrency developers. Most likely Solana will have its own exchange which will probably be like Binance and make it easy for the price to increase.

I also heard that Solana will develop its own exchange like Binance, with its own exchange Solana will be more popular than now. Currently, Solana technology is being adopted by many new projects, because many have the advantages of low costs and good speed. With these advantages, Solana can compete with Binance smart chain.

[LUCKMCFLY]

I think that all this has to have some associated technology, for the most famous who join the things that are for publicity and only what is most useful for them, 'that's why we saw Elon Musk with Doge, in fact all those who invested in Doge and they set a target of more or less 50%, they surpassed it and made more than enough, with the boost that he gave to DogeCoin it was something that no one will ever be able to forget, I also emphasize a lot about Solana, and it is one of the best investments that can be made In fact, the Solana network has been taken into account for the different projects, especially because of the lower transaction rates. I hope they continue like this and that they do not become saturated due to too many projects and what happens to all networks that become very congested. and they have to increase the rate.

Yes, that's right, currently Solana is being considered by many projects because it is very easy to enter the Solana network and has very low costs which are also important considerations for cryptocurrency developers. Most likely Solana will have its own exchange which will probably be like Binance and make it easy for the price to increase.

I also heard that Solana will develop its own exchange like Binance, with its own exchange Solana will be more popular than now. Currently, Solana technology is being adopted by many new projects, because many have the advantages of low costs and good speed. With these advantages, Solana can compete with Binance smart chain.

The truth is that it seems excellent to me, I have been looking at this crypto, and it has a lot of future, really if the new projects go through the solana blockchain then they would be getting into a very good business, because eventually what they all want most is that the transactions are cheap and that they do not have many processes so they have a lot of contingency, however I have seen that things are also developing in the right direction for Matic with the Polygon Blockchain network, because this network is very nice too, so yes now Solanalazna its good Exchange in the style of Binanace because things promise.

It's great to see how many projects are focusing, because I have noticed that the good projects are launching them through the ERC-20 ETH network and that is one of the most expensive.

[Penlex_Writer]

Taking away technology from human life is like taking humans back to the age when there were no technology. The implication will be that human life will become difficult as it used to be. Evolving as humans means that the role of technology cannot be overemphasized in whatever we do even investment decisions inclusive. Technology have aided trading choice imagine what it would be  without technology trading in crypto.

[1020kingz]

For profit, it's a Yes. For technology, It's a Yes also. Technology plays a pivotal role in the realm of crypto blockchain projects, instilling confidence in investors regarding the utility and functionality of a project. Take Solana, for instance. Despite experiencing an outage incident, investors continue to trust in its technology, resulting in minimal impact on Solana's price. This exemplifies how robust technology can sustain investor confidence even in the face of challenges.

[jamadrianne]

Investors may keep an eye on market fluctuations and get notifications in real-time regarding noteworthy occurrences or modifications to their investment portfolios thanks to technology. This makes it possible for investors to respond swiftly to changes in the market and modify their investment plans as necessary.

[doc]

Investors may keep an eye on market fluctuations and get notifications in real-time regarding noteworthy occurrences or modifications to their investment portfolios thanks to technology. This makes it possible for investors to respond swiftly to changes in the market and modify their investment plans as necessary.

Technology can make our lives easier, including what you said, it is easier for us to get information and market movements by getting notifications when there are changes. So in my opinion technology is really needed in our lives.

[I-Bit]

I also heard that Solana will develop its own exchange like Binance, with its own exchange Solana will be more popular than now. Currently, Solana technology is being adopted by many new projects, because many have the advantages of low costs and good speed. With these advantages, Solana can compete with Binance smart chain.

I just know if Solana have a plan to have an own exchange. As long as it has low fees, I'm sure it will be one of the popular exchanges in the world in a short time. Solana showed a great progress in this year, it will have a big impact on the plan to own an exchange. It is the right time if they want to launch an exchange, but it should have a special thing. Sure, low fees and fast transaction are 2 major things that people mostly expect on an exchange.

[bettercrypto]

You know that if it wasn't for the technology we have now, for sure Satohisa Nakamoto wouldn't have created Bitoin, and for sure we wouldn't be here in the business industry we are in today. And the internet is one of the only proofs of technology that has eased the work of all countries around the world.

And besides that, even for all the people around the world, it also helped a lot to have or ease the ways to find a life to have the opportunity to earn until now.

[IvugeoEvolutionCoin]

You know that if it wasn't for the technology we have now, for sure Satohisa Nakamoto wouldn't have created Bitoin, and for sure we wouldn't be here in the business industry we are in today. And the internet is one of the only proofs of technology that has eased the work of all countries around the world.

And besides that, even for all the people around the world, it also helped a lot to have or ease the ways to find a life to have the opportunity to earn until now.

Yes, with the Internet that is available today, we can get everything we want easily. This is Satoshi Nakamoto's vision of the digital world which has the possibility of happening in the future until it finally happens like it is now.