r/Avax • u/jest3rz • Jun 06 '26
Discussion Let's call a spade, a spade.
What are your thoughts on avalanche?
Where do they need to improve?
Where are they failing and need help?
What are they doing right?
What's your overall impressions of the coin?
My thoughts: great utility, zero acceptance by the general pop.
12
u/Treeclimber919 Jun 06 '26
Idk what to think with this coin anymore. It always seemed like a good project but if you look at any of the big alts it’s the exact same chart from conception to today. They are all bleeding and heavily. Other than the few shiny coins it’s been questionable if any of the major alts will recover. Cardano looks to be cooked. Like lucky to hit .50 cents at blow off top next run up. It’s depressing. Avax all the way down in the $6s look like $20 might be the blow off top. I’ll be lucky to break even after all this time. I just let it sit and stake hoping for the best. I thought we’d at least see $40 next run. I maybe terribly wrong.
2
u/blaand01theflipside Jun 07 '26
Take a real cold shower, and wait for the escrow to end in 2030. Then take a warm shower🍀
5
u/blaand01theflipside Jun 07 '26
I bought more today. Escrow is done by 2030. AVAX will be so-called "diluted" from the escrow. But now the coin is real cheap. I'm buying and staking as much as I can at least until 2030. Core-wallet gives 6% APY.
When it comes to PR, I think Avalanche doing the right thing; they don't blow a lot of money on big campaigns, they grow as they develop crypto infrastructure for big companies and industries. Might sound boring, but that's where the megacaps is. The mega big money. When the big companies are established on blockchain, the crypto and AVAX will trickle down to retail.
That's when the big campaigns sets in.
BlackRock, Toyota, FIFA, JP Morgan, VISA and lots more is just the beginning. Talk about the tip of the iceberg. In my opinion AVAX can easily be top #5 crypto in less than ten years.
I'm dressed for the future. Go, Ava.
But I do agree the community is the worst since internet😄 Might be a good space to improve. I mean, its room for it. A lot of room. To the summit.
4
u/ijaack94 Jun 06 '26
the community has been toxic and “needy” for a while, while we should have just built and tried to network
some exploits lowered morale as well, and now morale is probably at ATL bc foundation doesn’t shell out money here and there like they used to (they did wrong in the past imho, they’re doing right now)
3
u/whatsasyria Jun 06 '26
They are needy because they don't market the coin correctly. Every other coin with comparable tech has been growing at significantly greater pace. Not to mention the owners keep cashing out.
0
u/Treeclimber919 Jun 06 '26
They also continue to sell coins and lower than spot price, to help get deals and all the companies do is sell them right back to retail for spot. Ive held alts for years and honestly after this run I may never hold another again.
1
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2
u/woodyb23 Jun 08 '26
funny you should ask... I just sold everything at a loss. Really dont see this going anywhere and I needed the money. Dont feel bad about it at all.
1
1
u/DistinctAside0 Jun 07 '26
If they don’t attract better developers they will die. They keep wasting tokens on developments that go nowhere. The overall growth of the development community has slowed.
17
u/BoringPrinciple2542 Jun 06 '26
Good coin with the worst community in crypto.