[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 22 KB, 1200x675, Alogrand.jpg [View same] [iqdb] [saucenao] [google]
28517053 No.28517053 [Reply] [Original]

$3 waiting room

>What is Algorand
Algorand is an open source permissionless public blockchain based on a pure proof-of- stake consensus protocol—the first of its kind to support the scale, open participation, and transaction finality for billions of users.
https://www.algorand.com/
https://community.algorand.org/blog/what-is-algorand-quick-guide-and-overview/

>Proof of Stake (PoS)
ALGO uses PoS protocol so every single user gets free money for holding ALGO, be it 1 ALGO or 10k ALGO

>Where to buy ALGO
Coinbase
Binance
Kraken

>Get the official wallet to get 7% APY, Coinbase only gives you 6%
https://www.algorand.com/wallet

previous >>28498224

>> No.28517213

Bad news:

https://www.fxstreet.com/cryptocurrencies/news/algorand-price-prediction-algo-uptrend-reaches-exhaustion-as-technicals-scream-sell-202102120753

>> No.28517249

>>28517053
basedness

>> No.28517259

Bad new:

https://www.fxstreet.com/cryptocurrencies/news/algorand-price-prediction-algo-uptrend-reaches-exhaustion-as-technicals-scream-sell-202102120753

>> No.28517266

normies don't even know about this shit yet

>> No.28517291

>>28517213
GOOD FUD

WE'RE GONNA MAKE IT

>> No.28517328

>>28517213
Technical analysis is a shame

>> No.28517333

>>28517213
Go invest in dogecoin or something.

>> No.28517342
File: 75 KB, 434x600, pajeet-begone.png [View same] [iqdb] [saucenao] [google]
28517342

>>28517213
>>28517259

>> No.28517351

>>28517259
thanks, just put in another 1k

>> No.28517353

holding 20k of this chadcoin feels good bros

>> No.28517357
File: 130 KB, 354x549, 1613085614154.png [View same] [iqdb] [saucenao] [google]
28517357

>made a dozen algo threads since november
>they die at 15 posts
>it's now mid february and we have a general

>> No.28517365

Bad news:
https://www.fxstreet.com/cryptocurrencies/news/algorand-price-prediction-algo-uptrend-reaches-exhaustion-as-technicals-scream-sell-202102120753
Let this be a warning sir

>> No.28517372
File: 108 KB, 400x381, cmon man.png [View same] [iqdb] [saucenao] [google]
28517372

>>28517213
>>28517259
would you look at that

>> No.28517377

Unironically I can see $10 by end of month

>> No.28517397

>>28517259
Poo in loo

>> No.28517401

>>28517213
>>28517259
Get fucked pajeets.

>> No.28517412
File: 2.95 MB, 600x338, 1612534753489.gif [View same] [iqdb] [saucenao] [google]
28517412

>>28517213

>> No.28517416

>>28517213
damn bros, i might sell at $5

>> No.28517454

>>28517377
DUBS = TRUE

>> No.28517465

>>28517357
based algoposter. It got buried by 6 gorillion pajeetcoins

>> No.28517466

>>28517259
>Article from this morning
Bore off poo shill

>> No.28517475
File: 20 KB, 81x128, 723649969994727505.png [View same] [iqdb] [saucenao] [google]
28517475

>>28517213
>>28517259
>>28517365

>> No.28517478

>>28517259
>>28517213
STINKY STINKY PAJEET SHOW ME YOUR LEFT WIPING PALM AND NEAREST ALLEYWAY

>> No.28517492
File: 14 KB, 882x758, 42363426326.png [View same] [iqdb] [saucenao] [google]
28517492

>tfw poorfag student and cant afford more than 200 ALGO at the moment
FUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUCK

>> No.28517497

Link to the OP that foresaw this pomp?

>> No.28517523

>>28517213
>>28517259
>>28517365
>REMINDER
REMINDER
>A bearish thesis invalidation might come into play if ALGO manages to break above the recent high at $1.30.
>REMINDER
REMINDER
>A bearish thesis invalidation might come into play if ALGO manages to break above the recent high at $1.30.
PAJEET ALREADY LOST LMAOO

>> No.28517534

>>28517357
i've stolen this look irl

>> No.28517537
File: 1.07 MB, 866x764, 1613132739404.png [View same] [iqdb] [saucenao] [google]
28517537

>>28517357
I was there anon I just wish I bought more cheapies

>> No.28517547

>>28517259

RUBIC SHITTERS MAD THEIR RUG GOT PULLED

GET BACK IN CAGIE WAGIE

>> No.28517617

>>28517547
People actually fell for the rubic shill threads?

>> No.28517626

>>28517497
Don't have it bro, he basically said something big was going down, and that Friday would melt our faces. My face is feeling pretty melted right now

>> No.28517645

>>28517377
how come? I am long on this but I haven't really read much of what other people think.

>> No.28517667

Algo bnt lrc. How are your chadfolios holding up boys.

>> No.28517692

what is the official suicide and make it stack algochads?

>> No.28517701

>bought 700 Algo at 40 cents
>now worth about $1000

Do I exit at $1500 or should I hold?

>> No.28517779

>>28517667
>60/30 split
>ALGO, PRQ
feeling comfy desu

>> No.28517794

>>28517617

yeah Rubic pajeets went all in on a coin devd by coding bootcamp college sophomores with 0 github commits

and think that project is even in the same universe as the masterclass that is ALGO

very sad

>> No.28517795

>>28517701
hodl that shit for a couple of years at least and reap the interest, this is the chosen coin

>> No.28517817

>>28517701
buy more before $5

>> No.28517852

>>28517701
kys

>> No.28517875

>>28517357
Hey baker bro, I used to drop in algo threads when they came up in the catalogue, those threads were comfy in a quiet sorta way, just early bros nodding to each other type feel

>> No.28517882

Here is the post >>28349393
Someone screen cap it. Also anon who wanted it here you go.

>> No.28517926

Thanks for the tip last night whoever posted this made an easy 160 in my sleep

>> No.28517936

>>28517701
How does 700k EOY sound?

>> No.28517979

>>28517701
Think, let's say if it goes to 0, what do you lose? 700 is fuck all anon. Think longer terms.

>> No.28517995
File: 152 KB, 1035x666, iykyk.jpg [View same] [iqdb] [saucenao] [google]
28517995

>>28517357
>cagna l'ho capito
>cagna l'ho capito
>puttana, ho quell'algoritmo
>>28517377
checked. l'algoritmo funziona

>> No.28518014

So where are these prices coming from? Unannounced partners buying in? Insiders buying before a news drop? Or maybe even okcoin's (new as of yesterday) USDTa/USDCa?

>> No.28518015

>>28517213
So normal pullback. It won't drop that low. Whoever did that TA is fuckin stupid bud

>> No.28518038

>>28517692
Suicide stack is 5k algos for the one algo a day. Make it stack is 33333k algos

>> No.28518052
File: 22 KB, 717x410, file.png [View same] [iqdb] [saucenao] [google]
28518052

>>28517882
holy fuck if it's actually Mastercard we'll all be rich

>> No.28518068

Wish I had more to buy this dip
How many tokens do you need to stake in order to earn 1 algo a day?

>> No.28518070

rolling for $5 EOD

>> No.28518094

>>28517882
What announcement was there today then?

>> No.28518128

>>28517053
just downloaded the wallet; it's so nice

>> No.28518137

Algo is the Harvard Jews, Italian geniuses, tradwife marketing team, insta-staking chad coin. It literally can't lose. It's actually not a shit-coin.

>> No.28518152

>>28518014
ISO 20022

>> No.28518164

>>28518068
something like 4k ALGO to make 1Algo per day/370 per year

>> No.28518168

>>28518068
About 5k, slightly less

>> No.28518242

>>28518094
no announcement.. yet... but feels like people in the know are buying up, the price is moving so fast

>> No.28518251

>>28517357
Based.

I didn’t make threads but I participated!

>> No.28518267

>>28517882
>>28518052
> "To be completely clear, not all of today’s cryptocurrencies will be supported on our network. While stablecoins are more regulated and reliable than in the recent past, many of the hundreds of digital assets in circulation still need to tighten their compliance measures, so they won’t meet our requirements. We expect consumers and the ecosystem as a whole will start to rally around the crypto assets that offer reliability and security. It’s those very same stablecoins that we expect to bring into our network."
>stablecoins
oh fuck boys

>> No.28518288

>>28518052
That was wishful thinking on my part but the amount we are pumping feels like a mastercard announcement. They are speaking at mit

>> No.28518301

The funniest shit is when retards think TA applies in peak alt season, GRT pumped 3 billion market cap in just 3 days. When people catch wind something has pumpnomics, they blow it up 300% in a few days

ALGO seems to be the next target, I just took out my initial and I'm not selling until retards pump it to $5. IMO algo is in the ranks of ada, avax, etc, and it's way down on the charts so we should see some parabolic catching up

>> No.28518322
File: 164 KB, 773x1000, five-dollars-by-dawn.jpg [View same] [iqdb] [saucenao] [google]
28518322

>>28518070
roll

>> No.28518408

>>28518267
Algo and XRP.

>> No.28518437
File: 909 KB, 886x888, 1612513149000.png [View same] [iqdb] [saucenao] [google]
28518437

>>28517259
kys tranny

>> No.28518449

>>28518267
ALGO was almost certainly funded by the US government through MIT. I dont think we need to worry about regulations etc fren

>> No.28518466

>>28518322
holy shit dubbs confirm

>> No.28518560

>>28518449
Oh no don't get me wrong, I'm taking that as extremely fucking bullish. Algo is /already/ the standard for stablecoin tx's, if Mastercard is looking to adopt well-backed stablecoins that won't dump, Algo is probably their choice. We're all about to get filthy fucking rich

>> No.28518563

>>28518437
What is sneed

>> No.28518598

>>28517357
Don't worry. You made me buy at 40 cents. Just didn't comment about it, queitly accumulating since then.

>> No.28518605

>>28518449
Gary Gensler (Biden's SEC lead) gave a talk recently at MIT and name dropped ALGO and the italian guy who he worked with at MIT as a great project

>> No.28518608

>>28518267
Guess what USDC the second largest stablecoin is on, that's right ALGO

https://www.coindesk.com/circle-coinbase-bring-usdc-stablecoin-to-algorands-blockchain

>> No.28518649

>>28518288
When?

>> No.28518665

>>28518560
Yep - this was all planned years ago.

>> No.28518676

>>28518128
Algorand is legit. Will be #3 market cap by EOY

>> No.28518689

here comes the crash

>> No.28518717

Based Randies, WAGMI

>> No.28518736

Now that we are drawing attention to our selves. Surely we can afford some better algo frogs than rlc and funfair

>> No.28518757

>>28517492
friend thats 2k at 10 dollars. 20k at 100. no need to feel ashamed.

>> No.28518761
File: 64 KB, 584x666, soy(1).jpg [View same] [iqdb] [saucenao] [google]
28518761

>>28518689
>here comes the crash

>> No.28518778

>>28518689
>crash
small correction anon. we just pumped 40% in 8 hours

>> No.28518813
File: 966 KB, 200x150, 1613140186422.gif [View same] [iqdb] [saucenao] [google]
28518813

>>28518322
Nice!

>> No.28518832

>>28518689
You're poor, aren't you?

>> No.28518835

algo does not need this shilling
smooth brains will cope and rope
wrinkled brains will sneed and feed

>> No.28518851

>>28517213
bullish af

>> No.28518949

>selling the dip

>> No.28518965
File: 121 KB, 614x518, 1613073085514.jpg [View same] [iqdb] [saucenao] [google]
28518965

>bought algo
>went to sleep
>up 60cents per algo
>sell
thanks for the easy swing, out of the pumps ive chased the last few days (iota and nano namely) you guys were the nicest ones

>> No.28518989
File: 190 KB, 800x620, algochads.png [View same] [iqdb] [saucenao] [google]
28518989

>intensifies by 7% APY
HODL STRONK

>> No.28519022

>Imagine selling the chosen crypto coin

>> No.28519043
File: 559 KB, 600x511, 1528960099525.png [View same] [iqdb] [saucenao] [google]
28519043

>he panic sold at $1.68

>> No.28519053

dumping

>> No.28519054

Why is this pumping

>> No.28519084

>>28518563
A better question will be, what is NOT sneed?

>> No.28519117

>>28518649
https://www.mitfintech.com/

>> No.28519142

>>28517213
>>28517259
This article reads like someone trying to use big words to sound smart. Also, we already hit $1.80, there's no brakes on this train.

>> No.28519145

>>28518965
Basically exactly same as me ha what are you buying today? Think I'll get DOT when it dips a bit

>> No.28519147

>>28519054
Because it's the most legit project in crypto

>> No.28519164
File: 155 KB, 1000x1000, 1611959206328.jpg [View same] [iqdb] [saucenao] [google]
28519164

>>28519053

>> No.28519180

>>28517053
bought @ $1.70 this morning, let's goooooooo

>> No.28519191
File: 51 KB, 892x284, bizlets.png [View same] [iqdb] [saucenao] [google]
28519191

love you guys

>> No.28519208

>>28518608
The one letdown about all the new attention is that it appears none of the newfags have done research

>> No.28519221

>>28518965
>Sold

Enjoy a lifetime of regret when this becomes ethereum and bitcoin

>> No.28519226

>>28518832
haven't made it but not poor

>>28518778
thank you friend, didn't panic sell at 1.68 because of you

>> No.28519236

>>28519054
it's the new finance coin everyone will adopt for b anking, it provides liquidity for off setting market downturns, if you notice the charts algo does well when the big coins are not

>> No.28519260

Bought originally at £0.60
Bought again at high £0.72
Bought again at high £0.91
JUST BOUGHT AGAIN AT HIGH £1.25

Never felt better!!

>> No.28519266

>>28519054
Gary Gensler likes it

>> No.28519290
File: 30 KB, 500x500, 1510779060212.jpg [View same] [iqdb] [saucenao] [google]
28519290

>>28517213
>>28517259
>Pajeet brainlet does pure tokenomics analysis
>Doesn't even bother to look at why ALGO is pumping
>Doesn't understand how ALGO has essentially solved the blockchain trilemma and that folks are finally discovering this diamond in the rough
>Is pissed that he didn't create a suicide stack of ALGO when it was sub $0.30

>> No.28519349

>Bought in at .39c
Feels good

>> No.28519377

>>28517492
it's okay bro
i had a modest 500 algos and forgot my wallet
then i found it just in time for mooning

>> No.28519426

>>28519236
It is basically what the schizos thought XRP would be. The one coin to rule them all.

>> No.28519466

20k ALGOs at 1.5 cost basis am I gonna make it

>> No.28519495

>>28519260
When I make it in flying to the uk to have a cheeky nandos paid for by nothing but my Algo APY

>> No.28519533

>>28519145
Not eyeing anything specific right now. I've looked at most of the projects that are shilled here by now, just waiting for something to pump. Then I'll check out the amount of hype it has, make sure it hasn't pumped 100% in a day already and I'll ape in desu. DOTs mc is too big imo, but it might pull a cardano

>>28519221
i'll buy back when it pumps again, i'm too loyal to king shitcoin, master of crabbing, dumping and disappointment (eth)

>> No.28519575

>>28519466
based

>> No.28519693

>>28519426
they're both built under the same standards, ISO 20022 which gives them interoperability with already established financial institutions and banks

>> No.28519752

i have like .2 ETH left on Coinbase should I swap all of it to ALGO right now?

>> No.28519849
File: 35 KB, 585x360, Dl4kYmOW4AATaHe.jpg [View same] [iqdb] [saucenao] [google]
28519849

>>28519533
Algorand pumping is a huge signal that shitcoin pumps are at an end. Algochad has come to claim his rightful marketcap

>> No.28519851

>>28519426
Anon, you're retarded if you're not in XRP and XLM as well as Algo.

>> No.28519867

>>28519752
Everytime I think we peaked we shoot up another 20 cents. This has happened since I bought in at 44 cents

>> No.28519868

>>28519180
Ouch

>> No.28519902
File: 19 KB, 739x415, images - 2021-02-13T035622.286.jpg [View same] [iqdb] [saucenao] [google]
28519902

>> No.28519920

>>28519868
It's literally up

>> No.28520040

I can't wait for that big green candle

>> No.28520161

>>28520040
Let her have a little breather, next leg up soon

>> No.28520315
File: 82 KB, 933x910, depth chart - Copy.png [View same] [iqdb] [saucenao] [google]
28520315

>>28520040
algo has steep price walls, the pull is tight in both directions then jumps as soon as one wall is hit

>> No.28520368

>>28520315
>literally the moment he posted this we shoot up 5%
god this bull run is sexy

>> No.28520385

>>28519867
same. I just keep buying more

>> No.28520487

I have 500k capital how much should I put into ALGO

>> No.28520499

How do I earn 7% APY if the coin has a fixed supply?

>> No.28520501

>>28519752
Yes.

>> No.28520552
File: 32 KB, 642x458, algo.png [View same] [iqdb] [saucenao] [google]
28520552

ALGO will beat its all time high $3 end of this week

>> No.28520570

>>28519867
>>28520385
eh fuck it worth the gamble clearly

>> No.28520614

>>28520499
large portion of the supply is locked up for paying out the staking rewards

>> No.28520635
File: 71 KB, 770x766, 1361729861722.jpg [View same] [iqdb] [saucenao] [google]
28520635

I barely had money for GRT and ADA. I wish I could buy ALGO and make triple gains

Good luck to you all.

>> No.28520641
File: 88 KB, 1000x1000, 1606580927010.jpg [View same] [iqdb] [saucenao] [google]
28520641

>>28519851
MFW hodling XRP, XLM, ADA, and ALGO.

>> No.28520671
File: 119 KB, 710x706, 1608895878545.jpg [View same] [iqdb] [saucenao] [google]
28520671

>>28519426
>>28519851
ISO 20022 is the standard that will rule all.
Any coin built around that is not only a safe bet, but also a ticket to moon and beyond.

>> No.28520736
File: 35 KB, 639x456, eth.png [View same] [iqdb] [saucenao] [google]
28520736

>>28520552
Reminder this is the chart for ETH, money goes from BTC to ETH to alts and ALGO is primed to take a huge chunk of that spare change.

>> No.28520743

>>28520487
Well, whatever you're comfortable with earning 7% on with a very high chance of moonshot. You're welcome, I'll send you the bill later.

>> No.28520765
File: 126 KB, 590x671, dubs.png [View same] [iqdb] [saucenao] [google]
28520765

>>28520671
ISO 20022 is double dubs...

>> No.28520788

Where are all you faggot that told me this would only reach $2 or $3 EOY?

>> No.28520814

>>28518598
Glad I could help fren.

>> No.28520827

>>28519867
Same, bought at about 40 cents, it just keeps going up. I swung around a small part of my stack like an ape and made some additional ALGo that way, still doing it. Feels comfy AF while the rest does its 7% thing with compound interest and just
keeps
going
up

>> No.28520841

>>28520641
ALGO ADA GRT XLM IOTA

>> No.28520886

>>28520641
Based, what's the outlook for xrp in your eyes right now anon? It seems like too much of the supply is out in the wild for it to have as insane movements as algo to me rn

>> No.28520890

>>28520501
alright i'm in have 292, is that even worth staking? i was just gonna swing this at 3 or 5

>> No.28520917

>>28520814
Thanks to you fren. I am financially secured because I listened to you.

>> No.28521044
File: 250 KB, 736x960, 1597263546847.png [View same] [iqdb] [saucenao] [google]
28521044

>>28519868

I thought i was a retard for doubling my stack when algo was at 1.07

>> No.28521133
File: 253 KB, 1440x990, 1613017640466.jpg [View same] [iqdb] [saucenao] [google]
28521133

>>28517357
You may have been the reason I bought ALGO. Thanks fren

>> No.28521164

>>28520614
What happens when the reward supply is gone?

>> No.28521248

>>28521164
tokenomics are going to change prior to that, so who knows. the team stated they'll shift tokenomics as the reserve supply runs out; however, that's a long fucking way off

>> No.28521318

Algo is just so comfy bros, this threads have substantially less cancer than others because we all deep down know we’re gonna make it

>> No.28521536
File: 26 KB, 1045x449, file.png [View same] [iqdb] [saucenao] [google]
28521536

>there are people in this thread who sold at $1.68

>> No.28521550
File: 161 KB, 1466x867, 8888.png [View same] [iqdb] [saucenao] [google]
28521550

algo to take #35 easy

>> No.28521576

>>28521536
>tfw I bought more at 1.68

>> No.28521617

>>28521318
Yeah, pretty comfy.
But thats nothing new for me as im xrptard. /xsg/ is full of frens.

>> No.28521648

>>28520886
XRP will get regularity clarity this month, the rest is up to the market. I'm predicting exchanges will resume trading in a month or two after that.

>> No.28521764

Honest question, what makes ALGO superior to Cardano? I own Algo and no Cardano but I want to know wha exactly makes it better.

>> No.28521807
File: 99 KB, 746x512, dfjg12134.png [View same] [iqdb] [saucenao] [google]
28521807

Algo General is the comfiest Biz thread

>> No.28521813

>>28521164
I believe there are only about 10% of the available tokens are in circulation right now. So we're a long way away from exhausting staking rewards.

>> No.28521856
File: 27 KB, 480x456, 1606970868378.jpg [View same] [iqdb] [saucenao] [google]
28521856

>be poorfag
>spend $200 from my wagie checks on algo when it was around .50
>now sitting at $750 and rising
i dont even care if my stack is small im just happy i made a good investment for fucking once

>> No.28521958

>>28521164
It's not going to be gone until 2030.

>> No.28522016

how do you calculate staking rewards bros?

>> No.28522082

Any anons know if they’re doing the coin auction in March. This had a decent pump in aug before the coin dump September 1st. I’ll check their site for the schedule later.

>> No.28522084

>>28522016
https://algoexplorer.io/rewards-calculator

>> No.28522247

>>28520641
XLM and ADA are SHIT. i will sell them all soon

ALGO is THE shit

>> No.28522273

>>28522082
?

>> No.28522340

Alright shitters I bought 50$ in ALGO don't let me down now biz

>> No.28522346

why do they call it "rewards" instead of compounding interest? is it even technically or legally interest?

>> No.28522356
File: 2.79 MB, 1427x1535, 1595561644354.png [View same] [iqdb] [saucenao] [google]
28522356

>>28521856
I've spent 100 a week from my paychecks since early January. I am sitting at a nice fucking mountain rn and I refuse to stop putting in every week. I will get rich. I will manifest this.

>> No.28522407

>>28521764
ALGO is blessed personally by Biden's SEC chairman Gary Gensler (who is a fellow MIT glowy)

>> No.28522439

>>28521764
faster, you don't have to tie up your algo to stake. also, read both whitepapers for a technical comparison (imo algo comes out on top)

>> No.28522448

>>28522346

normies are dumb and need to be spoonfed

they would think interest means theyre being charged. rewards is umabiguously money given to you

>> No.28522482

>>28522356

Show us the bags anon

>> No.28522489

Algo is the first time i ever hit a pump, i keep most of my capital in eth/btc and i only have 115 and i bought this morning from reading that GRT signals an ALGO pump but im new to alts and have had no luck so its nice to see number go up for the first time, thanks frens

>> No.28522497

>>28522084
>https://algoexplorer.io/rewards-calculator
How do you get the rewards? Can I get it if I have it my binance account?

>> No.28522551

>>28522356
this is the attitude I like to see around here. It's defi, but in an honest way. Which is the most likely way in which mass adoption will occur.
Quite bullish.
ALGO seems to be the pick for those with high intelligence.

>> No.28522564

>>28522497
Move your shit off the exchange ASAP, most exchanges take your staking rewards. Download the wallet app and use that.

>> No.28522576

>>28522407
>>28522439
Thank you very much

>>28522497
Use the official wallet

>> No.28522591

>>28522497
use the ALGO wallet or Goybase (goybase takes 1.5%)

>> No.28522628

>>28521856
Happy for you mate

>> No.28522646

>>28522407
>ALGO is blessed personally by Biden's SEC chairman Gary Gensler
big yikes

>> No.28522647

>>28522497
Yes, look at Binance earn>Locked staking and search for Algo.

>> No.28522702

>>28522497
You can stake them on binance (But the payout is every month)
Most easy thing to do is move it to the official algo wallet. Pays constant

>> No.28522704

>>28522084
>tfw only 2 algo a month
well i guess its better than nothing

>> No.28522711

>>28522646
regulatory capture is bullish as fuck

>> No.28522750
File: 23 KB, 598x375, Untitled - Copy (2).png [View same] [iqdb] [saucenao] [google]
28522750

>>28522346
it's weird, it compounds daily but at the annual rate then the principal is tied directly to the coins value so any "rewards" generated retroactively gain value because the interest is paying in algos. It's interest+ but I also wondered why they would could it rewards

>> No.28522803

>>28522711
>Dubs 7 (%APY) Dubs confirms

>> No.28522821

>>28522591
you get rewards on ledger too

>> No.28522955
File: 18 KB, 225x225, OOOOOOOOOOOOO.jpg [View same] [iqdb] [saucenao] [google]
28522955

>floor was 1.2 yesterday
>now its 1.7

GUYS PLEASE, I CAN'T JUST DUMP ONE THOUSAND DOLLARS INTO THIS EVERY DAY WHEN IT PUMPS

>> No.28522981

>>28522704
that's still 2 algos, that'll be $2k a month when algo is $1k a piece

>> No.28523046

>>28522273
They auction coins a few times a year it’s part of the token distribution. https://algorand.foundation/algo-auctions

I’m looking for the auction schedule

>> No.28523069

>>28522981
>$1k a piece
No chance lmao

>> No.28523086

>>28522439
Cardano has no white paper thought, right?

>> No.28523088
File: 6 KB, 210x241, 1610234853591.jpg [View same] [iqdb] [saucenao] [google]
28523088

>>28522356
Same anon. I am the guy that has been bumping algo threads and /xsg/ with
>always buy more algo
>always buy more xrp
>flare is coming
Because this is the end of the wild west for crypto. And the beginning of our new lives in the citadel.
ALGOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.28523118
File: 2.97 MB, 200x180, 1607704059209.gif [View same] [iqdb] [saucenao] [google]
28523118

>>28522981
>$1k Algo

>> No.28523145

>>28523069
we're going to the moon and we need to capture earth first, $1m/algo end of decade

>> No.28523169

How high can algo go really? No memes.

>> No.28523189

>>28522981
1k Algo? Nah

>> No.28523227

>>28523169
10

>> No.28523229

>>28523169
nobody knows in this market

>> No.28523289

>>28523145
I love your optimism anon!

>> No.28523295

>>28517213
>muh tea leaves

>> No.28523312

>>28522497
I'm on Binance.us and staking is automatic, every month my ALGO rewards are deposited to my account, I don't even have to do anything.

>> No.28523334

>>28523169
Realistic price is $20~$25/coin imo

>> No.28523340

Bought at 1.8. Am I fucked?

>> No.28523350
File: 125 KB, 1190x882, iso 20022 - Copy.jpg [View same] [iqdb] [saucenao] [google]
28523350

>>28523118
>>28523189
it will be when financial institutions complete the transition to iso 20022 by 2022

>> No.28523355

>>28523227
15

>> No.28523388

10 is what I thought too. Let's do it

>> No.28523400

>>28523169
10 max, might end up 6 or 7 EOY if we are lucky

>> No.28523435

>>28517213
Post hand, pajeet fudder

>> No.28523438

>>28518014
Market starts to understand how valuable this coin actually is.

>> No.28523457

>>28522981
>>28523118
If ALGO ever does hit $1,000. I could live off the staking rewards alone

>> No.28523487

>>28522750
yeah they dont even mention the rewards being positive interest. I wonder if its some legal thing.

>> No.28523489

>>28523340
No. This'll go over $2 today.

>> No.28523492

It’s fucking tanking guys.

>> No.28523495
File: 124 KB, 1242x1551, 1578757142733.jpg [View same] [iqdb] [saucenao] [google]
28523495

>>28523169
I don't doubt that this can reach the market cap that Link has, which would place Algo around $15
Granted, the question is "when", who knows

>> No.28523519

>>28523457
I mean, I was just joking about $1k but it's currently severely undervalued

>> No.28523576

>>28519466
How does 500,000K sound?

>> No.28523590

>>28523492
No it's not.

>> No.28523613

>>28523492
Relax, just idiots panic selling and not getting the 7% apy

>> No.28523625

>>28523350
This image really needs to stop circulating. Its way off nowadays.
Xinfin is dead. INATBA booted xrp.
And now there is a Chinese competitor to xrp- that jay clayton sold his sold to.

>> No.28523626

>>28523169
Let’s say 20 bucks with 2 billion coins circulating next year.

>> No.28523627

>>28523492
I can smell the curry on you Ranjesh

>> No.28523630

>>28523519
Never say never. Stranger things have happened

>> No.28523730

>>28523169
It depends how long the rewards program lasts to be honest.

>> No.28523769

>>28523627
Have a great day ahead. Please advise.

>> No.28523809

You can tell who the newfags are when they are scared of a dip when ALGO has gone 40% up in one day

>> No.28523824
File: 135 KB, 1035x666, 1612818045889.jpg [View same] [iqdb] [saucenao] [google]
28523824

>> No.28523859

>>28523824
Swap that Y for an M

>> No.28523862

>>28523630
well I wouldn't complain, I have stakes in this too, I do hope we continue to climb at the rate we've been climbing

>> No.28523865

>>28519466
How does 200k sound?

>> No.28523886

ALGO IN FREEFALL LOOK OUT BELOW

>> No.28523936

This or GRT? Both seem pretty based.

>> No.28524002
File: 144 KB, 1080x1077, 1610233199988.jpg [View same] [iqdb] [saucenao] [google]
28524002

>>28523630
>Stranger things have happened
Like Eth being worth as much as it is despite being a giant trash fire

>> No.28524023

>>28523730
Just like flare, inflationary measures are built into the system for "stability"- eternally higher lows. Thats where Hugo got the idea from.
Rewards go down steadily as price increases, to keep rewards going for longer.
The biggest rewards all go to the earliest adopters, for providing liquidity when it was needed most.

>> No.28524043

>>28523936
GRT is pretty close to HRT, you tell me. We're algoing to the moon in this thread.

>> No.28524075

>>28523886
POO

>> No.28524088

>>28523886
this is normal for algo, we correct everyday for steady crab walks forward

>> No.28524150
File: 126 KB, 513x626, mooning.png [View same] [iqdb] [saucenao] [google]
28524150

https://twitter.com/Algorand/status/1360281050270826502

Is this why it's pumping?

>> No.28524170
File: 8 KB, 275x154, 23423423.jpg [View same] [iqdb] [saucenao] [google]
28524170

>>28523886
>Freefall
>1.50 waiting room this morning
>Steady 1.70
>kek
>>28523936
GRT is on eth so if you like gas fees sure

>> No.28524212
File: 62 KB, 888x499, 4xsr0p.jpg [View same] [iqdb] [saucenao] [google]
28524212

Just pumped another thousand into this, after Grt pump slowed down. Let's goooooooo!

>> No.28524245

https://algorand.foundation/faq

Is compounding rewards automatic?

The participation rewards are calculated automatically, however the compounding effect is not automatic. This is because the rewards are calculated from the last recorded balance on the blockchain, the easiest way to force rewards compounding is to send a zero Algo payment transaction to the target address on a frequent, recurring basis. This transaction will trigger the commit of all accrued rewards and record them to the on-chain balance of the account.

>> No.28524284

>>28524002
i fucking hate eth and hope it gets destroyed, doesnt even need to be ALGO just remove this fucking fossil fuel coin

>> No.28524294

>>28517053
i just bought 88 algo
when it pumps to 5 im moving it straight into graph

>> No.28524296

>>28524150
No
South America is a useless shit hole

>> No.28524302

God I want to double my stack. I have 8K but am anxiously waiting for a dip to buy another 8K. Worried it might just race up to $2. I bought at 1.20 and would ideally like to buy again at 1.50

>> No.28524316

>>28521764
As an ADA and ALGO holder, ALGO is much faster especially out of exchange wallets, lower fees, higher APY, you can freely move money in and out of stake without locking any, parts of chainlink runs on algorand.

>> No.28524336

Buy the dip, bastard
>they told again and again
Then shill this scam on /biz/
>good I have bot ocean subscription and use bots for trading and low risks on DEX

>> No.28524400
File: 1.75 MB, 374x254, 1510826765239.gif [View same] [iqdb] [saucenao] [google]
28524400

>>28524002
Indeed. But I firmly believe ALGO will supplant ETH

>> No.28524433

>>28523340
$2 today, $3 next friday.

>> No.28524434
File: 9 KB, 225x225, 1515989653461s.jpg [View same] [iqdb] [saucenao] [google]
28524434

>>28524150
No South America is using SUCRE.

>> No.28524458

>>28524302
>God I want to double my stack. I have 8K but am anxiously waiting for a dip to buy another 8K. Worried it might just race up to $10. I bought at 4.20 and would ideally like to buy again at 6.5

>> No.28524472

>>28524336
u ok hun?

>> No.28524494

>>28524302
>have 8k
>put in 4k
Simple as

>> No.28524578

>>28523492
lol. algo pumps, then settles down about 5 cents to a new floor, in repeat. whenever it falls im like "oh good its stable i can breathe from all these ALGO GAINS BABBBBBBBBBBYYYYY"

lurk more.

>> No.28524615

aye bros. kinda new to crypto, bought algo a couple days ago. feeling pretty confident, so id like to just say look forward to the journey. fuck pajeets

>> No.28524739

TIME TO ACCUMULATE MORE

>> No.28524741

>>28523809
yeah lmao. all the newfags bought at the peak and we set a new floor 5c under their peak. they'll make it back tonight and into next week, along with comfortable profits, but its just hilarious.

we should all give a nice big pat on the head and warm welcome to panicked newfags who are going to roll in profits from algo.

welcome.

>> No.28524828

>>28524245
How do you send a zero algo payment transaction recurring like that?

>> No.28524852

>>28524615
If you're new, my word of advice is - do not trust anyone. Everyone here has something to sell, don't believe in cult hype.

I'm bullish algo, but I have other holdings.

>> No.28524867

>>28524458
You're right. I should just buy in today. Even if it dips later this week I can buy more. It's going to $10 so none of this matters

>> No.28524919
File: 703 KB, 480x271, JealousRelievedBluetickcoonhound-small.gif [View same] [iqdb] [saucenao] [google]
28524919

>>28524150
Going after that Nazi gold.
Bullish.

>> No.28524921

Fuck it sold and went all in on DOGE. Have fun staying poor, bagholders.

>> No.28524924
File: 98 KB, 1000x750, 1613022806358.jpg [View same] [iqdb] [saucenao] [google]
28524924

>>28524741
Agreed, they won't understand now. But they will when they are up.

>> No.28525042

Should I buy alg in the current dip?

>> No.28525093

>>28517213
Lol check the price now vs when you posted it

>> No.28525108

>>28525042
Yes. This'll go over $2 soon.

>> No.28525134

>>28523086
damn, i think you're right. i have researched on the cardano website, but i didn't realize that they don't actually have a white paper and i just pulled that sentence out of my ass lmao.

>> No.28525175

>>28524852
im diversified and a good pump on a day like today is just a little silver lining. like i said newish to crypto. considering the actual market is a trash fire right now this is alittle more comfy

>> No.28525205
File: 124 KB, 1280x720, brrrrrrrrrrrrrrt.jpg [View same] [iqdb] [saucenao] [google]
28525205

>>28524919
>going to at least $10 by EOY
Correct. Meanwhile, at the FED...

>> No.28525219

>>28522981
I want algo to go to $1000 just like everyone else here, mostly because it would make me a millionaire but come on, that shit aint ever happening, just be happy by the off chance it reaches $5 or $10

>> No.28525236

>>28525042
I would if you were thinking about it before the pump.
Look at the charts and you'll see a clear pattern of 10 cents and hold, then some pullback with a spike.

>> No.28525362
File: 113 KB, 749x500, 4xst9b.jpg [View same] [iqdb] [saucenao] [google]
28525362

>> No.28525479

>>28524316
Thanks, this is about what I was looking for

>> No.28525507

Alright I’m convinced this project owns. Selling all link and eth. All in Algo. The 7% will be a nice passive monthly

>> No.28525509

am i being too greedy by trying to scrape up more coins from this retracement?

>> No.28525510

>>28517053
Dump this VC scam for ARPA or bella bb.

>> No.28525638

>>28525510
POO

>> No.28525661

>>28525510
Find the exit scammer

>> No.28525665

>>28525510
buy $ROPE poo in loo

>> No.28525692

>>28525219
10x to 20x from here entirely possible. There's absolutely no reason this should be lower marketcap than testnet ADA.

>> No.28525701

>>28525507
you can stake every 20 mins

>> No.28526027

BTC is dumping and taking the rest of the market when it stabilizes we shoot through $2

>> No.28526125

>>28519236
And it does ok when big coins are doing well. Can't lose

>> No.28526204

>>28525692
Wow this is a great point and it hit me like a sick burn. Fuck that was funny. Just checked, reddit coin was at $20b MC with $9b daily volume 1 month ago.
That is a very reasonable estimate. Thank you anon. Literally $5 by end of march haha brb aping my savings now. WAGMI

>> No.28526251

>>28519851
These are the only three I own outside of BTC and ETH

>> No.28526294

In the short term, is it too late to ape in my GRT gains to this?

>> No.28526339

Is this a long time hold or to drop out now? I've made a solid amount of cash from it.

>> No.28526429

Just sold. This won't survive the crypto crash. I'll rebuy once it happens

>> No.28526477

>>28526339
think about how you'd feel if you sold at $1.20 yesterday night when we were crabbing
>>28526429
>the crypto crash
when do you think that's going to happen kek

>> No.28526537
File: 416 KB, 882x602, 1612591640741.png [View same] [iqdb] [saucenao] [google]
28526537

>>28526294
Ahem
>>28525692
And this
>>28526204

>> No.28526557

>>28526477
APY dubs

>> No.28526714

>>28526477
>>28526537
>>28526557
>all those 7s
>intensifies by 7% APY

>> No.28526762

>>28526477
It was never my main investment. I just had $100 spare profit so I stuck it into Algorand around the start of Feb. At this point, I'm trying to swing trade myself wit this $100.

>> No.28526783

>>28517053
Reminded that ICO price was $2.4, so early investors are just looking to dump, not only that but most original investors (read smart money) got out of Algorand before it released because of certain inside info you guys don't have
>In Aug. 2019, Algorand offered auction investors the opportunity to receive a 90% refund on their purchased tokens. Investor returns totaled $19.9 million tokens, which constituted almost 80% of the original auction supply.

>> No.28526790

>>28526714
>714
>APY + 2x
$3.4 end of week confirmed

>> No.28526870

>>28526294
Grt and algo charts look the same, small btc dump and they dump hard
But imo algo is just starting parabolia while grt had some

>> No.28526901

>>28526714
Based.
Soon, all that will remain of crypto is currently considered schizoid coins.
/biz/ will be 10 generals and everything else will be pajeets pumping and dumping on one another.

>> No.28526903

Bought more today, holding bags til the moon, LETS GOOOO, fuck you pajeeeet

>> No.28527059

>>28526901
XRP, ALGO, HBAR holder here. WAGMI

>> No.28527065

Ok if I have ALGO sat in my normal binance account will I get rewards or do I HAVE to move it to locked staking?

>> No.28527070

>>28526901
>Implying all the other coins aren't shitcoins at this point

Is there even FUD for this

>> No.28527146

>>28517259
why did you post it twice you pajeet nigger

>> No.28527222

>>28527065
Binance tells you when it starts snap shotting. The next one for binance.us starts on the 14th. I would think about taking them off the exchange and just using the wallet so you get your full % stake and it compounds appropriately.

>> No.28527239

>>28526783
>early investors are just looking to dump
>original investors got out of Algorand before it released

Pick one

>> No.28527343

>>28523492
it's stabilizing you retard

>> No.28527392

>>28527070
Imagine a doctor and a lawyer go to see their financial advisor. He doesnt even know about ISO20022 messaging standard for instant settlement.
We are so unimaginably early.

>> No.28527400

Take your coins off the exchanges. This is coinbases interest wallet.

https://algoexplorer.io/address/UXVAPU4KERSMNUILDVZUKKF4KMWQ7RFSSYPXYSEGSYNYILC4FEHISKRBNM

Coinbase has made 400k free coins from the interest they are taking from you guys. Binance is doing the same. Put it in your wallets. The price will shoot up faster. You make more algos.

>> No.28527463

>>28526783
So they pre-empted a buyback that Ripple will likely be told to do as part of the Sec settlement. Seems bullish to me. You aren't as smart as you think you are

>> No.28527533

15k randies dandies am I gonna make it?

>> No.28527549

in @ 1.66
>dump it

>> No.28527586

>>28527400
^

as soon as you have the algos send them to your own wallet and don't let them have it
your money isn't yours enless you own the wallet, remember

>> No.28527615

>>28527590
>>28527590
>>28527590
new thread

>> No.28527621

>>28527400
I’m scared to hold my wuicide stack on my iPhone wallet even tho it’s sexxxy wat do

>> No.28527690

sorry bit of a newfag, I heard coinbase is insured. is the 6.0% apy worth it, If i know that coinbase walllet will not fuck me over

>> No.28527692

>>28527549
1.68 now kek

>> No.28527703

>>28527621
Get a nano

>> No.28527900

Here we go she's picking up steam again.

>> No.28527949

>>28527692
bludgeon me face in

>> No.28527977

>>28527690
Better than the banks, if you are feelin good throw it in your own wallet for an extra 1%

>> No.28528131

ALGO RULE FOR THE NEWFAGS:

PUMP -> 5-10c correction -> ***YOU BUY HERE*** -> NEW FLOOR -> PUMP -> MOOOOOOOOOOOVINNNNNNNNNN ON UP

>> No.28528316

>>28528131
this, algo is long hold, trying to gain off the volatility of algo is a bad idea since price walls are steep and sudden

>> No.28528336

>>28521550
what site is this bro? looks cozy

>> No.28528455

>>28521550
>maker unironically taking more than making
lel

>> No.28528519

>>28528316
Pretty much no sense in trying to fuck with the dualing bot stacks on either end. They are going to win the HFT attrition war but I was laughing at things moving so fast last night parts of the bot sell stack were getting chewed off faster than it could move in .005 increments.