# Is Cardano going to shoot up in value? *Is Cardano going to the moon? Suspicion of big fund announcements* - URL: https://muftiabulayth.org/r/b1ooltqtptw/s/2/ - Date: 2021-03-02 · Kind: question · Transcript tier: machine · Recording: Monday Nights with Mufti #204 | Q&A Unscripted & Unrestricted! 😉 | Mufti Abu Layth (12:56–15:22) - Status: general teaching - Watch from the start of the segment: https://www.youtube.com/watch?v=b1OOltqtPTw&t=776s - Recording page: https://muftiabulayth.org/r/b1ooltqtptw/ **Topics:** Money and finance **Question as asked:** Is ADA going to the moon? Is it all about Cardano? **Summary (not a quotation; machine-made, unchecked):** Mufti Abu Layth is suspicious of big announcements that funds will move money out of bitcoin into other coins, suspecting they may be ploys to move prices. **Checked position (checked by two independent reviews, not by the channel):** Mufti Abu Layth says he is a bit suspicious when big investors announce they will move money out of bitcoin into other coins. **Evidence, his words at 12:56:** “they're going to basically remove it from bitcoin and invest in other and others but i really think that when people i don't know i i'm a bit suspicious when people make these kind of claims” (https://www.youtube.com/watch?v=b1OOltqtPTw&t=776s) ## Longer summary A chat question asks whether ADA is going to the moon and whether it is all about Cardano. Mufti Abu Layth says he is a bit suspicious when people make announcements such as a Dubai fund's that it will move some 750 million out of bitcoin into other coins, and wonders whether it is a false flag to make people buy a particular coin and drop the value of bitcoin so that they can buy more of it. He compares the market to war, where one must think about what the other side thinks you are thinking. He then says he is behind time tonight because he had to print and prepare his reply to a video that was sprung on him at the cost of his weekend, and jokes about a chat comment on the lota. ## Transcript (machine tier, 12:56–15:22) [12:18] off of this mystical journey so let's what's happening to muhammad hijab masala has to be on albany so yes the final masala part is going to be on albany and muhammad hijab on twitter and the backlash a huge segment the uh bulk of today is just going to be on our beloved uh but i'll take a look at muhammad nizami first but let's look at what some of you guys are saying [12:56] uh what's going on salaam of the ah ada to the moon is ada going down people is it all about cardano alright i don't know you know some of these people there's that announcement from the dubai fund whatever they're going to 750 million worth of but i think you know when people make these announcements that they're going to basically remove it from bitcoin and invest in other and others but i really think that when people i don't know i i'm a bit suspicious when people make these kind of claims [13:35] i think like are they is this a false flag to make people you know buy that particular coin and also to drop the the value of bitcoin is it an attempt so they can buy it more this one this one people listen you have to this is like war you have to you have to be you have to not only be thinking what the other person is thinking but thinking that the person is thinking that you know what they're thinking then what are they thinking [14:11] people let's get this show on the road today i am uh uh extra behind time but that's because you know i had to i had to print off all this damn thing and get you know what thank he makes this video now i now i'm gonna have to dedicate my response to him but then the response has to be proper up i have to suddenly sprung on me see he plans it but he gets sprung on me but i can handle it man [14:50] but then i have to compromise my other plans you know weekend weekend i have to compromise the weekend off the cliff you know the suffering is real people but so what is going on mufti is using a lotta haram he's using the lota haram people lota ## Cite Mufti Abu Layth Archive, segment b1OOltqtPTw/s/2. https://muftiabulayth.org/r/b1ooltqtptw/s/2/ Not a fatwa: these answers were given to specific people at specific times. Ask a qualified scholar about your own situation.