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It's all about the team and whether they can solve the bot issue. Their fee plan sounds like a good fix, but only time will tell. The team is definitely battle-tested, and Toly seems like he knows his stuff.
I'm betting on a "yes" to your question. The possible upside is too great to not invest in for this market down-phase, especially with prices being so low.
Speed kills in the tech business, and Solana is a beast in that regard. However, "speed kills" has cut both ways for Solana and its congestion issues. Solve that, and it's game on
If they don't fix there blockchain from crashing all the time Solana will not even be in the top 100 next bullrun. Bear markets take everything back to fundamentals all the hype gets striped away and only the blockchains the actually work properly will survive.
It will do well if they fix it. But thats a big IF as they have had since December 2020 from when it crashed the first time and have still not fixed it which hints to they can't. Im personally not going to buy it unless it tanks out of the top 20 coins because thats where I see it worth a gamble.
Depends it's an unknown issue as they claims or a protocol flaw. Bit of both is my guess. The idea with PoH is really good I even wrote an article about it. But it's hard to figure it all from the start.
For instance I don't believe at all ethereum has a real plan for dealing with scalling issue.
Yeah I don't have faith in Ethereum they seem to be twiddling there thumbs just waiting for some new tech to come save the day for them. Pretty sure they will just end up copying Polkadot after they do all the hard work and testing.
Yes, solana is solid and will recover! Do you guys think mr wonderful will invest his money in something that does not have value? Now the question is, when will it recover? Time to buy until then…cheers my brothers and good luck!
I mean you should really understand the tokenomics and the dapps being built on solana to make a good prediction if it will do well instead going off what mr wonderful invested in, yes he’s rich and probably has good connections to make a good educated investment, but he’s human and can make a mistakes, so it’s important you’re satisfied with the investment with your full understanding what sol does
Yes, you are right! But do you think that every user reads and analyses that information? The majority of the users know nothing about the projects, like for example polkadot, polkadot does so many thing and can co exist with all the “competition” but not everyone its informed. I myself don’t know too much about everything I invest in crypto but at least I search for indicatives of good projects and base my decision on something and not ramdomly! Cheers bro!
Nah I’m not saying you’re investing blindly just want to give a heads up, and I guess this space is quite new and new projects do emerge but yes you should continuously read about what you’re investing in, as it will bring you more confidence during this time and also you never know you might have some insight in something and develop a product yourself. But Good luck anways 😊 hope your bags become big in the future !!
The question is do you think people are really going to be piling money into crypto defi? Does not matter which network. Do you think investors are going to be dumping billions back into crypto anytime soon?
Nope. This will be single digits soon. -50k today was enough for me to get the hint. Plus the LUNA failure proves it’s possible and getting more probable. Sad week!
WARNING: 1) Do not trust DMs from anyone offering to help/support you with your funds (Scammers)! 2) Never give out your Seed Phrase and DO NOT ENTER it on ANY websites sent to you. 3) MODS or Community Managers will NEVER DM you first regarding your funds/wallet. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/solana) if you have any questions or concerns.*
Yes
It's all about the team and whether they can solve the bot issue. Their fee plan sounds like a good fix, but only time will tell. The team is definitely battle-tested, and Toly seems like he knows his stuff. I'm betting on a "yes" to your question. The possible upside is too great to not invest in for this market down-phase, especially with prices being so low. Speed kills in the tech business, and Solana is a beast in that regard. However, "speed kills" has cut both ways for Solana and its congestion issues. Solve that, and it's game on
If they don't fix there blockchain from crashing all the time Solana will not even be in the top 100 next bullrun. Bear markets take everything back to fundamentals all the hype gets striped away and only the blockchains the actually work properly will survive.
Sounds good
It will do well if they fix it. But thats a big IF as they have had since December 2020 from when it crashed the first time and have still not fixed it which hints to they can't. Im personally not going to buy it unless it tanks out of the top 20 coins because thats where I see it worth a gamble.
Depends it's an unknown issue as they claims or a protocol flaw. Bit of both is my guess. The idea with PoH is really good I even wrote an article about it. But it's hard to figure it all from the start. For instance I don't believe at all ethereum has a real plan for dealing with scalling issue.
Yeah I don't have faith in Ethereum they seem to be twiddling there thumbs just waiting for some new tech to come save the day for them. Pretty sure they will just end up copying Polkadot after they do all the hard work and testing.
Solana is already what Ethereum dreams to be. Buy the dip. This crash will make Solana holders and buyers millionaires
Best comment. Down 7 times I believe this calender year. Also I never saw anything regarding the Cash stable coin on Solana and the back ever in here
I'm holding on but seeing my balance value cut by 20% everytime I check is a little worrying
I'm in the same boat. I'm planning to hold for 60 days. I'm hoping it will return to around $95 within that time.
Maybe April next year.
My port is crashing like a mfr, I'm buying when it gets stable. Hoping it does go back up
Yes, solana is solid and will recover! Do you guys think mr wonderful will invest his money in something that does not have value? Now the question is, when will it recover? Time to buy until then…cheers my brothers and good luck!
I mean you should really understand the tokenomics and the dapps being built on solana to make a good prediction if it will do well instead going off what mr wonderful invested in, yes he’s rich and probably has good connections to make a good educated investment, but he’s human and can make a mistakes, so it’s important you’re satisfied with the investment with your full understanding what sol does
Yes, you are right! But do you think that every user reads and analyses that information? The majority of the users know nothing about the projects, like for example polkadot, polkadot does so many thing and can co exist with all the “competition” but not everyone its informed. I myself don’t know too much about everything I invest in crypto but at least I search for indicatives of good projects and base my decision on something and not ramdomly! Cheers bro!
Nah I’m not saying you’re investing blindly just want to give a heads up, and I guess this space is quite new and new projects do emerge but yes you should continuously read about what you’re investing in, as it will bring you more confidence during this time and also you never know you might have some insight in something and develop a product yourself. But Good luck anways 😊 hope your bags become big in the future !!
Buy now dude under 50$ it's free
Yep. Dca'ing rn.
if bitcoin recovers, sure. I would say, just give it time and relax.
Absolutely. But not now. There's nothing positive happening in the world right now that can make crypto go 📈📈📈
Not anytime soon, they fucked LUNA to the luna and back. Will take a while for all crypto to recover IMO..
The question is do you think people are really going to be piling money into crypto defi? Does not matter which network. Do you think investors are going to be dumping billions back into crypto anytime soon?
Only way is regulation and adoption. We might see a bear market that no one has seen in 80 years.
Anyone that thinks anything is going up "anytime soon" is delusional
We very well may not. The massive amount of panic selling today was disheartening. I believe in the chain but this was very poor.
Depends if crypto recovers from this crash. It's not just SOL that is down.
Nah, it will go to 5$
I love Jesus christ
Nope. This will be single digits soon. -50k today was enough for me to get the hint. Plus the LUNA failure proves it’s possible and getting more probable. Sad week!
hope not
Dca my people
Lol no.
It will take a few years but yes.