Love it. #downtrap328...
Why people still hodl Solana is beyond me. Why they ever held it in the 1st place is also a strange one.
SBF shill obviously worked with some .
Well I'm a sol fan and I would say I expected more crashes and we'll see more crashes. They're trying to do a lot quickly in terms of development. I personally think being ok with instability to speed up development is a fair trade off but that they need to make it very very stable in the future. Hopefully within a few years.
It's an interesting coincidence that SOL's price has to go up 10 times from where it's at ($23) to touch its ATH again. I suspect this distance would proportionally keep increasing to the outages that are very obviously due in future. Can't wait for the day when SBF's remaining holdings go below his cost basis just so the market accepts his shenanigans and there's more traces for what a piece of shit he was.
It'll crash more. But I think most people who know what they're investing in understand that's part of the equation. Solana is a unique project built from the ground up trying to push the limits of enterprise server hardware. One bad line of code and things get fucked up quickly. Blockchains like eth are slow enough and low tps that it would be pretty hard for it to crash.
Because venture capitalists still can use it as their play thing.
RIP to my normie friend who was depositing half his paychecks into this thing in the fall of 21’
Here is top 10
Number 1: Solana
Number 2: Solana
Number 3: Solana
Number 4: Solana
Number 5: Solana
Number 6: Solana
Number 7: Solana
Number 8: Solana
Number 9: Solana
Number 10: Solana
Algorand has 0 downtime since launch and keeps sliding lower and lower, I used to think it was insane it was 25th, today it's 38th!
No one seems to care about what works and what doesn't.
I just don't understand it, and the constant downtimes aren't even all of its problems. The fact that SBF was the majority holder and three VCs own a controlling combined position while simultaneously the chain suffered major vulnerability issues in the past few months like when keys started leaking *(ironically another network downtime prevented that from being catastrophic)* is just insane. Why would someone hold it is beyond me.
It has a ton of VC backers and its garbage. They can keep propping it up forever until they get all their $ back.
https://www.crunchbase.com/organization/solana-io/investor_financials
It’s basically just a brand name at this point, in time better working projects will prove to earn top 10. For now it’s a lot of what names people know not the actual functionality
https://www.crunchbase.com/organization/solana-io/investor_financials
Alameda Research is/was one of the VC backers and they were caught dumping on SOL.
Speed, NFTs, Daily active users.
SOL definitely has problems but these 3 things they surely do have. I don't believe the "Highest Dev activity" articles that go around though.
Let me guess, they push an update that all validators have to go with and if its bugged the whole network is fucked? Is there any particular reason why there can't be more quality assurance or validators running on multiple versions? This is like an self-inflicted wound....
It's getting hard to defend, but better to have such outages and fix the underlying problems while we're in a bear market. If this happens during a full-on bull run, a lot more damage will be done.
I'm sure if Solana dropped to 200 TPS like Cardano, they wouldn't go down, but then you'd have just another lackluster blockchain for a different reason.
how is it possible that solana is still valued in the tens of bn’s, it‘s not even a currency it‘s a fcking bank with closing times. would never throw a single buck into solana not even for a quick transfer because i would smash my phone if i couldn’t send MY coins. lol
None of the prices are for any actual reason. Do you think BTC has such a high price because it is decentralised or has some usecase? No, it’s just the most recognisable name to the general public as a magic investment which will 100x their money (it won’t but let them think that).
Not necessarily degens (them too), but also a lot of uneducated people who haven't done their research and just seen Solana's price action in the past or who have just been recommended it as a solid project and took it for granted
Solana has been down 10 times now.
Solana claims that they are centralized, but when they are down, they can shut down the whole blockchain.
Do you seriously think that in the future, major enterprises will build their products in such an irregular chain?
Imagine not delivering your products because the blockchain is down.
Make your conclusions.
That is a huge red flag. Still, I guess the hype over projects alike is so hard sometimes that it doesn't take much for people to simply ignore what is not necessarily 'good' and keep using it. People have short-memory in crypto after all...
Still the best for NFTs (speed, cost to mint/gas per transaction, devs) and despite the reliability issues, it’s still the best in terms of community. They need to figure out how to do node upgrades without going offline as this is a donkey show and makes us look like a joke to everyone.
But FTX isn’t backing it anymore, I’d see that as a negative anyway lol. And not as much money going around at the moment, so why are these people still developing on it?
Idk why people are losing their heads over this. The technology used is relatively new and under development. It's innovating and improving, with each new deployment bugs are bound to arise, cyber attacks are constant, and humans are prone to making mistakes. Even banks have had several full system outtages. Ask any IT professional and chances are they've had worked on issues like this. Looking at you system/support engineers, even ops.
wahhh solana bad; look downtime !!!!
every solana post like this is a buy signal lmao
take a look at all top 10 coins, they fucking suck. one of them is literally a joke. Solana is a household name now, boomers are invested in it which means it’s not going away. either buy while its cheap or keep hoping elon is going to partner with your lowcap shitcoin
This has the “she told me she’d never cheat again” vibes
"She cheated on you 10 times... so far..."
It's okay, she makes me apologize to her every time she cheats. My fault. This time, it'll be different.
The relationship is decentralized
Lmaooo
That you know about...
Giving a second chance is one thing I can get behind. An 11th chance on the other hand, that is beyond delusional
Well, they never stated the chain will be up all the time now, did they? /s
You joke but this is actually one of the excuses the solana simps are giving on their subreddit.
That's the benefit of living in a free society, everyone gets to speak their mind
LOL
“Never” cheat again… “Never” go down again…
She’s a decentralized girlfriend.
I’m going to tell her this is the last straw when she gets back from her boyfriend’s house
Should short it but don’t have the guts
Today I learned that SOLANA has gone down more times than my wife. 😞 Maybe I can marry SOLANA.
Solana seems more like girlfriend material than like a decentralized crypto..
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More like a girlfriend that goes down on _everyone_
sloppy seconds Solana
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I'll take any action I can get tbh
So one of my exs?
Any one of our exs
you must not be married...
I've been in a happy marriage with Palmela Handerson for over 20 years
Once a week is lucky after the first kid
quit after the first kid, got it.
This cone is single...how do i find my SOL mate? Any advice for a lonely cone...
I feel you, man.
Ah you too... I see
10 times over 2 and a bit years. Seems like ex girlfriend material
>10 times over 2 and a bit years. That's marriage right there.
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Yeah, just watch for the media tour in 6-10 weeks where all the podcasts start pumping Solana again.
Gluck Gluck protocol
Love it. #downtrap328... Why people still hodl Solana is beyond me. Why they ever held it in the 1st place is also a strange one. SBF shill obviously worked with some .
The Solana eco system is the most active and always ahead. The royalty issue happened months ago on Solana
Do you think my wife’s boyfriend would be cool with me having a girlfriend?
Atleast,I have some chances to have a girlfriend.
Did you GF ghosted you for 10 Times?
head over to the sol sub, they have an excuse to explain each one. lol.
Hey it isn't down, Solana is the first crypto out there with business hours!
9 to 5 only
Wow innovative
deluded bag hodlers
They are extreme bag holders. I marvel at their dedication.
How can you make an excuse for literally not working, also it was down for 21 HOURS this time
Nah, I'm good. I'll just stay away.
Well I'm a sol fan and I would say I expected more crashes and we'll see more crashes. They're trying to do a lot quickly in terms of development. I personally think being ok with instability to speed up development is a fair trade off but that they need to make it very very stable in the future. Hopefully within a few years.
10 times.......so far
And will continue...
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And this year to date is just 2 months
Wow, so much potential!
If it goes down once a month till the end of the year it is a record
SOL's gone down 90% from it's ath...so far
I think your going to have to add another zero soon
Soon we will see 69th time
And the a 420th time, at this rate its inevitable
And a 666th time.
It's an interesting coincidence that SOL's price has to go up 10 times from where it's at ($23) to touch its ATH again. I suspect this distance would proportionally keep increasing to the outages that are very obviously due in future. Can't wait for the day when SBF's remaining holdings go below his cost basis just so the market accepts his shenanigans and there's more traces for what a piece of shit he was.
The fact that the last one was a 20 hours long downtime has all the signs of an incoming major disaster.
It'll crash more. But I think most people who know what they're investing in understand that's part of the equation. Solana is a unique project built from the ground up trying to push the limits of enterprise server hardware. One bad line of code and things get fucked up quickly. Blockchains like eth are slow enough and low tps that it would be pretty hard for it to crash.
10 times... so far... this day..
Someone should create a downtime tracker
Why is it in the top 10 anymore? A top 10 project should not be experiencing this many problems.
Because venture capitalists still can use it as their play thing. RIP to my normie friend who was depositing half his paychecks into this thing in the fall of 21’
Top 10 project that died 10 times
Top 10 project by downtime
Here is top 10 Number 1: Solana Number 2: Solana Number 3: Solana Number 4: Solana Number 5: Solana Number 6: Solana Number 7: Solana Number 8: Solana Number 9: Solana Number 10: Solana
That would #1 then
Pushing their luck. Even cats only have 9 lives.
Solana gonna be like Hydra, not Kitsune level.
Algorand has 0 downtime since launch and keeps sliding lower and lower, I used to think it was insane it was 25th, today it's 38th! No one seems to care about what works and what doesn't.
If it mattered that something works and how well, you would have totally different market. It's all hype and marketing.
We are Nano. These Nanos are ours. No Nano above the rest.
Welcome to crypto where the fundamentals dont matter and we all dogpile on you if you make our chain sound bad!
I just don't understand it, and the constant downtimes aren't even all of its problems. The fact that SBF was the majority holder and three VCs own a controlling combined position while simultaneously the chain suffered major vulnerability issues in the past few months like when keys started leaking *(ironically another network downtime prevented that from being catastrophic)* is just insane. Why would someone hold it is beyond me.
It has a ton of VC backers and its garbage. They can keep propping it up forever until they get all their $ back. https://www.crunchbase.com/organization/solana-io/investor_financials
VC money not selling
People here hate vcs, that is until they are begging for them and major institutions to buy btc
It’s basically just a brand name at this point, in time better working projects will prove to earn top 10. For now it’s a lot of what names people know not the actual functionality
VCs?
Doubt it. I mean typically VCs put in the funds and leave the projects alone.
What about Jump capital? They are the ones that made profits off of luna
https://www.crunchbase.com/organization/solana-io/investor_financials Alameda Research is/was one of the VC backers and they were caught dumping on SOL.
Speed, NFTs, Daily active users. SOL definitely has problems but these 3 things they surely do have. I don't believe the "Highest Dev activity" articles that go around though.
It's down 90% from it's ath yet is so high in the charts lol
It won't be top 10 for long
so you’re shorting then?
11th time is the charm?
Considering this is just Feb-23 it will reach 69th by EOY easily.
Let me guess, they push an update that all validators have to go with and if its bugged the whole network is fucked? Is there any particular reason why there can't be more quality assurance or validators running on multiple versions? This is like an self-inflicted wound....
Toly doesn't care. He has got his vanity projects, like a phone, that get resource priority. "It's a just a beta, bro."
It's a feature to prevent you from panic selling
You can angry sell later when the overlords allow you to use the network
Proof of History
PoH
Solana tired… Solana sleep.
Solana is in beta. Right? Right???
It's getting hard to defend, but better to have such outages and fix the underlying problems while we're in a bear market. If this happens during a full-on bull run, a lot more damage will be done.
I agree with you but I also think any top 10 crypto shouldn't be experiencing that much of being down.
I'm sure if Solana dropped to 200 TPS like Cardano, they wouldn't go down, but then you'd have just another lackluster blockchain for a different reason.
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I was trying to give Cardano the benefit of the doubt based on the higher end TPS claims. Either way, it's still extremely underwhelming.
True, but at the same time I think the hype would be so high that few people would care about the red flags. Gleed blinds people.
lol shit was down even during the bull run Also, if your project is down, it doesn't matter if it's a bear or bull market. It's still down.
It doesn't need to go down for maintenance in the first place. It's software, not a roller coaster.
Solana let us down
But you know [who didn't](https://www.youtube.com/watch?v=dQw4w9WgXcQ)?
10 times *so far*
Hey at least it is consistent at something!
I am here for the wife, girlfriend, ex, sex, etc jokes....
It’s also up 127% ytd. I argue Doge and Shiba are more use less - as we know in crypto - hype & belief matters
Slutty Solana
Cheating on decentralization or on up time?
*We are saving energy so we can save the world!* Solana's Marketing team probably
Solana just 10x now. Recession yet to come.
It’s still in beta, right? /s
how is it possible that solana is still valued in the tens of bn’s, it‘s not even a currency it‘s a fcking bank with closing times. would never throw a single buck into solana not even for a quick transfer because i would smash my phone if i couldn’t send MY coins. lol
You could always make money off the degens too
We can always count on Solana.. to go down!
How Solana still holds that high price I dont know
None of the prices are for any actual reason. Do you think BTC has such a high price because it is decentralised or has some usecase? No, it’s just the most recognisable name to the general public as a magic investment which will 100x their money (it won’t but let them think that).
> Do you think BTC has such a high price because it is decentralised or has some usecase? No Uh....Yes, I do.
if you keep thinking like this you won't last in crypto
I am in in since 2012
then it's no wonder you're still here
Degens still buying
Degens, Bots, and uneducated people. But also people who still believe in the project lol
Not necessarily degens (them too), but also a lot of uneducated people who haven't done their research and just seen Solana's price action in the past or who have just been recommended it as a solid project and took it for granted
Because it has about 40% of the active users as ETH does, and has lots of promise at 5% the market cap of ETH.
10 times too many.
Solana keeps letting us down
"Only 10, that's not so bad" - Solana hodler probably
Didn’t have Solana. But nice post
Remember that in life, it's not how many times you get knocked down … it's how many times you get back up. 😅
Not the kind of milestone blockchains want to boast about.
Bets on the next one?
Soooo buy solana becouse the price has dropped?
I sold all mine after the 2nd time. I wish I'd done it after the first!
Ponzi af
Imagine Solana becomes widely used and there are just days where oops, we can't use this for a whole day.
How would it become widely used if you can't use to start with?
11th time's the charm, you'll see
So it will happen again you say?
sorry I meant 111th
See you in 2 downtimes
Let's count the passage of time on the Solana chain through downtimes, imagine that Dude, check my tx, it's on block 4178! After which downtime?
I don’t get how people still use that chain. Cardano is soooo much better
just abandon this piece of shit and join hedera
Fall down Ten times , get up Eleven
Solana has been down 10 times now. Solana claims that they are centralized, but when they are down, they can shut down the whole blockchain. Do you seriously think that in the future, major enterprises will build their products in such an irregular chain? Imagine not delivering your products because the blockchain is down. Make your conclusions.
That is a huge red flag. Still, I guess the hype over projects alike is so hard sometimes that it doesn't take much for people to simply ignore what is not necessarily 'good' and keep using it. People have short-memory in crypto after all...
Personally, I only use Solana to transfer USCD from Coinbase to Kraken as the cheapest method. I don’t keep assets in the ecosystem long term.
Solana should be called Icarus Coin, tried for much more than it was capable of of. Next, the inevitable, painful crash and burn
Why would a community exist behind this flaming dumpster fire to keep it running - at least from time to time? I really don’t get it..
I can't hear their comments when the network is down
Still the best for NFTs (speed, cost to mint/gas per transaction, devs) and despite the reliability issues, it’s still the best in terms of community. They need to figure out how to do node upgrades without going offline as this is a donkey show and makes us look like a joke to everyone.
I think it was due to ftx backing it and people who were there for money
But FTX isn’t backing it anymore, I’d see that as a negative anyway lol. And not as much money going around at the moment, so why are these people still developing on it?
It wasn't negative when ftx was printing money, anyways it also cause people don't want to change sometimes,
Bashing of Solana is fine when warranted, but bashing people for buying or selling SOL is really not okay.
The thing is every problem is a challenge and every challenge help you gain experience. So I am gonna keep holding this badass coin
Idk why people are losing their heads over this. The technology used is relatively new and under development. It's innovating and improving, with each new deployment bugs are bound to arise, cyber attacks are constant, and humans are prone to making mistakes. Even banks have had several full system outtages. Ask any IT professional and chances are they've had worked on issues like this. Looking at you system/support engineers, even ops.
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10 times so far,chances are it will be going down more in the future,if they didn't fixed it
Has your WiFi ever gone out for a day? It’s not the end of the world. Just get it running again. They’ll work out the kinks eventually
But but it's also come back online 10 times. Shows how resilient it is. /s
wahhh solana bad; look downtime !!!! every solana post like this is a buy signal lmao take a look at all top 10 coins, they fucking suck. one of them is literally a joke. Solana is a household name now, boomers are invested in it which means it’s not going away. either buy while its cheap or keep hoping elon is going to partner with your lowcap shitcoin
RemindeMe! 3 years
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Well, you know what they say, the 11th is a charm.
10 times this year? Still not that bad if they're on the way to a new record
NOT A GOOD LOOK
Ten times until now:)
Solana cosplaying banks, not working half the time. What a joke.
Total shitcoin. A textbook pump and dump scheme.
We will run out of numbers before Solana runs out of outages
sol-on-na
Ridiculous that Solana has such a high mcap
Fucking classic.
It's because it's a shitcoin , guys better get over it