A study of the correlation between Mr Charles Hoskinson’s travels, food, leisure and Cardano ADA price

A study of the correlation between Mr Charles Hoskinson’s travels, food, leisure and Cardano ADA price

The purpose of this study is to determine whether there is a correlation between Mr. Charles Hoskinson’s travels, food, leisure activities and the price of Cardano ADA. As you may well know, Mr. Hoskinson is the CEO of IOHK, the Research and Development firm behind the ADA cryptocurrency.

Our scientifically proven peer reviewed methodology consists of browsing tweets while hovering the mouse over live CoinMarketCap.com price charts. Using this strategy we are able to determine whether Mr. Hoskinson’s food and travel has influenced cryptocurrency price fluctuations.

January 4, 2018 – Pre-ATH Shave

On January 4 2018, just before Cardano ADA hit its all time high price, Mr. Hoskinson decided to shave.

ADA is worth U$ 1,25

January 8, 2018 – ATH Beer Fest

On January 8 2018, ADA the Cardano team had a good time discussing Haskell over suitable refreshments.

ADA is now worth U$ 0,91

January 9, 2018 – The Rave

The next day IOHK threw a rave party inside what appears to be Chernobyl’s #4 reactor.

ADA price now U$ 0,89

January 13, 2018 – Reservoir Doges

On January 13 Mr. Hoskinson and friends smoked cigars.

ADA price now U$ 0,88

January 15, 2018 – Pedro Alvares Cardano

Two days later, Mr. Hoskinson took interesting random photos around Lisbon.

ADA price now U$ 0,83

January 17, 2018 – 15 Minutes of Fame

Mr. Hoskinson’s photo rendered on a CGA monitor.

ADA now worth U$ 0,80

January 17, 2018 – Alive and Tweetin’

4Chan accidentally Mr. Hoskinson.

ADA now U$ 0,71

January 20, 2018 – YOLO

Mr. Hoskinson eats Portuguese hamburgers in Lisbon, near a sculpture that reads “Live each day as it it were your last, some day you’ll most certainly be right“.

The sculpture is written in English, which in Portugal has the same meaning as SHA256(rand())

ADA price now U$ 0,69

January 20, 2018 – WTF

We have no idea what’s going on here.

ADA price has just reached U$ 0,59

January 23, 2018 – Smoke

Mr. Hoskinson posts a photo of horses appreciating the site of an exploding volcano. At 4:20 in the morning.

ADA now worth U$ 0,56

January 26, 2018 – NYC Times Squared

Mr. Hoskinson is in Times Square!

This is very appropriate since ADA price is now worth half of the square root of the all time high price.

February 1, 2018 – Mystery Photo

We don’t know what Mr. Hoskinson was doing in Pyongyang but on this day Cardano ADA fell 34%

ADA price now U$ 0,35

February 2, 2018 – Bald Ego

Mr. Hoskinson’s rendition of “Breaking Crypto”

ADA goes high on blue meth up to U$ 0,46

February 2, 2018 – Functional Cosplay

Their code has no side effects, but Bitcoin does.

ADA falls 25% to U$ 0,27

Short Break for Global Context

We now take a break to offer some mutable global context. We are almost reaching the top of a straight ramp down between ADA price and Bitcoin price. From here it is linearly downhill, as shown by the orange plot. The green plot shows the U$ price which oscillated up with Bitcoin’s recovery but seems to point in a different direction now.

Chart: CoinMarketCap.com

February 10, 2018 – Skiing Down

Mr. Hoskinson sits at the summit of a snowy and slippery hill.

And so does ADA, which is now worth 5044 Satoshi

 

February 12, 2018 – Sunny Beach

Mr. Hoskinson sled downhill to a nice and sunny beach.

And so did ADA, now worth 4500 Satoshi

February 16, 2018 – Dukes

Mr. Hoskinson takes a picture in front of Edinburgh Castle, which on this day had been lit up for Count Dracula The 5th’s official State Visit.

ADA now worth 3900 Satoshi

February 19, 2018 – Bleak House

Mr. Hoskinson enjoys tea at the same place where Charles Dickens (sitting at the table behind him) wrote Hard Times.

ADA now worth 3600 Satoshi

February 21, 2018 – Escargotcide

Apparently Mr. Hoskinson devoured a family of snails, took a picture of the scene and posted it online.

From left to right, the shells of Tom the snail father, Mimi the snail mother, Timmy, Jonny, Billy and Sally the sons. Seen on the other plate are the bodies of granpa Bo Snail and granma Nonna Snail who were devoured last while they watched the rest of the family go.

ADA now worth 3520 Satoshi

Chart Analysis

Conclusion

While this study by no means claims to be scientific, the data does suggest that Mr. Hoskinson’s travels, food or decision to shave may have taken a slight toll of -76% on the price of Cardano ADA.

April 2019 Update

While we haven’t had time to update you on all the places Mr. Hoskinson has visited since this post was published 14 months ago, we can report that Cardano price has fallen an additional -67% in U$ since the last time we checked.

Current Cardano price : 1 ADA = U$ 0,09

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Photo Credits: All Photos except charts from Charles Hoskinson‘s Public Twitter Feed. For review purposes, under Fair Use. Charts courtesy of CoinMarketCap.com.