/biz/ - Business & Finance

>>28890564
LETS
FUCKING
GOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

it hurts
make it stop

>>28890564
I am down 2K on this shit coin

>>28890564
>finally getting that discount i've wanted for a week now

>>28890614
It’s okay you’re still 2x’ed if you bought a month ago.

JUST BOUGHT MORE

ALGOCONNEEEEEEEEEEEEEECT

WOOOOOOOOH

ALGOCONNEEEEEEEEEEEEEEEEEEEEEEEEEEECT

>>28890614
Rule 1 buy more

>>28890780

How do you die in jail in KDC?

im so tired

>>28890564
I bought more. It's on sale today.

>>28891574
and it'll be on sale tomorrow when it hits the 1.22 sell signal and crashes hard

>>28890564
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

Get out of your short term swingie mindsets with ALGO. This ones for the long haul.

this shitcoin ruin my life the 8% isnt even worth it, ATOM has 10% and is still rising, fuck algo man i swapped my ATOM for this shit cos i thought the project was legit

I bought 178 of these little fuckers

>>28891934
I mean... the project is legit

>>28890564
RIGHT HERE BROTHER WE WILL RIDE THE GOLDEN CHARIOTS UNTO VALHALLA TOGETHER! CHADS FUCKING UNITE!

>>28891934
both are legit; atom is only rising today because of the new governance proposal

>>28891648
/biz/ needs to learn some patience.
It would be great if all coins went up 1000000% in one day but reality doesn't work like that.
I'm ok with waiting months or even more than a year for a solid return.

LETS GOOOO BOUGHT MORE

Holding 3000 waiting for payday and bonus and tax refund to get more algo

>>28892315
>I'm ok with waiting months or even more than a year for a solid return.
you mean like when it popped to 1.8 a few days ago out of nowhere from 1.2?

Aren't the devs holding like 90% of ALGO?

NOT FUCKING SELLING

>>28890564
May your staking blocks be blessed with dubs, trips, and beyond

>>28892451
Devs pumped then dumped. Lol

>>28892451
Around 40% which makes sense when they plan on releasing it over 10 years, doing grants and will need to offer stakes to financial interest to get them on board. It also helps with the whale population in the end.

Algobros I don't feel so good...

>>28892451

So?

>>28892451
97.68%, unironically. Google it.

>>28890564
I'M DEAD INSIDE

>>28892451
no you fucking retard read the whitepaper. youre thinking of GRT

>>28890564
Algo pump and dump scam

>>28891902
What’s your realistic price expectations?

>>28892871

4-7$ considering the market cap. It will hit that probs in few years.

>>28892966
$10?

Just converted all my shitcoins to algo

>>28892803
You're gonna be sad Bobo

Is there any hope ALGO reaches $10 ever? There's so many coins, and the devs hold so many of them...

Imagine believing ALGO is a P&D. It’s legitimately got one of the best teams behind it as far as altcoins go. It’s like some of you don’t understand that the entire crypto market is crazy volatile right now.

>>28893285
Literally impossible the market cap would have to be over 100 trillion, not to mention the fact that the devs (all indian) own ~99.2% of the circulating supply

>>28893003

Market cap would be then 100 billion. Could happen but pretty unlikely it'll reach that high. I stand by the approximately 5$ price. The point is anyways to stake this, if you have enough of these and the price is 5$, you can make nice sum of money. It wont make you rich, but it'll still be a nice constant cash flow. For example if you have gathered 25k algos which probably gives around 5 algos per day, then you get (when you have staked) 25$ extra money every day.

>>28893432
>he doesn’t actually know anything about it

>>28893432
>maths

100 billion = 10 dollars

that's less than ethereum

Just bought some more today.

>>28890564
>>28892871
>>28892966
>>28893003
Which direction do you think it will go in 4 hours?

>>28893971
>>28894008
A simple google search would show you I'm right. If you go to the telegram, it's literally the same people that made McDonalds coin.

>>28894236
Down?

we are going back to 30 cents so don't be shocked when it happens and sell now if you don't want to wait it's not going anywhere near $2 much less $5 or whatever stupid shit bagholders on here are saying

>>28894453
kek. this is pretty good fud. might actually get a couple people.

>>28894453
I know all of the price points and market caps we need to hit by heart.

>>28894505
im saying once it hits that point of the ring around 1.24 it will either break up or down. This is an hourly chart. Your guess is down
Will Biz be right?
Down: 1 Up: 0

>>28894453
>https://www.algorand.com/who-we-are/our-team
maybe the least pajeet team in existence

>>28894755

Down because that's starting to be a trend when you look other coins as well.

>>28894755
My bet is on wherever BTC will go.
You can literally just watch BTC/USDT and thats enough.

>>28894755
Everything is going down today

>>28894774
>Joseph Naggar
I don't trust naggars

>>28891934
Kek. Imagine being this retarded.

>>28894236
Son, it will go up.

If you don't understand that ALGO is going to a $200 in the next 5 years, I don't know what to tell you.

ALGO IS THE APPLE OF CRYPTO
ALGO IS THE 500 BILLION SMART CONTRACT PLATFORM

Why do I even hold anything else, that's the question

>>28893930
I've got 800, so I'm fucked

>>28895149
500 stacklet here
We will atleast have enough to buy a nice house, maybe.

>algo wont stop dropping
What makes you so sure it'll be worth something

>>28895106
Stop it, you're making me want to sell my other coins

>>28894505
>>28894915
>>28894969
>>28895086
down: 3 up: 1
Ok voting is closed thank you for participating
Biz says 3:1 in favor of down
see you in three hours

>>28895309
Faith.

>Now faith is the assurance of things hoped for, the conviction of things not seen.

>>28895388
It will hit double bottom at 1.20 and then shoot the fuck up.

I demand this thread be comfy

im in love with this coin to be honest

>>28895538
1.15

>>28895388
based on this alone, i just bought $50 more.

this is going down today, like other coins, it's still correcting. may even crab at 1.1 for a while. if you believe in the coin just hodl and collect that 7%

>>28895674
I agree if it hits 1.15 we will see it go up.

>>28890564
me. once I sell my CCIV stock gains, i've got 10k :DDDDD

>>28895674
>>28895901
You mind telling why the 1.15?

>>28893432

>>28895538
fuck that i wanna see a flash crash to 60 cents then a rebound

>>28894774
>>28894754
>it's not a scam coin because they're larping as MIT scientists
Then why did I find this in the website's source code?

As soon as i finally got 1k stack it goes down like stuka dive bomber ffs. Long hodl for me i guess.

>>28896122
lmfao

>>28896122

>>28896122
selling all my alog now

>>28896122
OH FUCK, SELL SELL SELL

>>28896122

>>28896122
xD

>>28895538
>>28895674
>>28895901
>>28895709
based
>>28896122
fuck

>>28890564
I'm here, I own Algo, but I'm sort of sad right now. Cheer me up guys.

Happy I bought at 0.70 and sold a few days ago. Now it'll just go back to that price or under. At least it helped me

tfw hodling a 15k stack avg cost 1.4

:(

>>28896781
bought at 0.30, I can assure you that you'll kill yorurself in a few years.

>>28895995
Because that's what my buy limit is set at and I don't feel like logging in to change it so it needs to go that low.

>>28896881
If youre a long term hold, it wont really matter in the long run. 1.4 vs 1.2 will mean nothing

>>28896970
High technical analysis

>>28896781

I bought yesterdays dip with 2400$ and seems like I went straight to the bulltrap.

>>28896122
huh

>>28896774
‘Tis but a scratch

>>28890896
Go to jail in the opening section of the game.

>>28896774
You're just super fucking early. Check out all of these use cases, including basically everything link and all the other eth tokens claim they will do in a couple years already finished and available. Global IDs, watermarking supply chains, all that creepy breakaway civ shit. Check out FlexFinTx, DUST, CUDO, and Parsiq just to name a few.

https://www.algorand.com/what-we-do/use-cases

>>28892733
Fuck... Dino Riders. I havent seen of or thought about that glorious enterprise in decades

>>28894955
This is sadly correct. BTC needs to find its next low before we get any type of stable recovery

>>28897294
parsiq and algorand will rule the world

>>28897621
Me either but ALGO made me think of it. The T-Rex in front also what has what appears to be an upsidedown ALGO A in it's chassis for bonus schizo energy.

>>28897906
Oh shit I see it, good call!

>>28892736
Neither do I but it’s not because of the price of ALGO or the team, but because of the memes in this thread.

BOUGHT MORE

Will 7k of these coins enable me to retire to S.E asia and spend my remaining days crempieing different hookers every day until I expire due to a freak combination of STI's?

good tech, absolutely SHIT tokenomics

>>28898310
Depends on which country and the quality of the hookers, honestly

>>28898827
thailand - I need about $3-4000 per month for the rest of my life

imagine not buying the dip.

we sitting at 2k boys, adding all the time. I'll see you all in Latin America in 20 years once the CIA has taken over and Algorand holds all their money.

>>28898906
you have to factor in hooker inflation tho. ladyboy technology is rapidly advancing

stacklet here, will buy more if it dips,

a month ago no one talks about ALGO and now it is one of /biz/ top picks

I’ve got paper losses of over a thousand bucks on this piece of shit coin. Fuck. I hate when line is red.

>>28899973
2.89 EOW check em

>>28899973
buy more

according to the A logo we will have another pump to 1.70 and then it will go down forever

>>28899973
Is this your first trade or something? You should only give a shit if the line is red if you're swinging. If you're planning on holding long term, the price going down is just a healthy part of the cycle of any coin. A coin being worth buying doesn't mean the line is just going to point up forever and ever until we are all rich.

me here fren

>>28891934
itt: retarded degenerate zoomer gamblers who can’t look more than an hour into the future

>>28899973
newfag

>>28900478
This is my first serious amount of cash into a crypto that isnt btc/eth. I threw nearly half of my eth into it for about 5 k and seeing the number go down hurts my heart. I am aware that line sometimes red, that doesn’t stop me from wanting to die when line is red.

>>28896122
sure you did

Guys, I think I have found a very promising coin. I really don't want to mess up this thread, but I just want to help people. BUT always do your own research! It has a low market cap and it is still undiscovered, HYVE.
Please do your own research and don't trust me this easily. But do your own research and earn some easy money. Dont be a sleeping sheep, but be the smart one. https://www.coingecko.com/en/coins/hyve

>>28900748
no need for that timmy, 4channel is a safe place for all races and sexuality

>>28899788
And it goes to shit.
Not surprised

>>28890802
made my day :')

>>28900813
Stop looking at it. If you don't have money to spend, close your portfolio and go live your life. IF you do have money to spend, this would be a good time to potentially put some money on coins that you think are worthwhile, or wait for the market to dip even more, because it very well might. I bought 5k more link yesterday because it dipped to $28. You should be looking at dips as an opportunity to increase your holdings, not as a poor investment or as a failure on your part, because at the end of the day guess what? Dips are inevitable. Your favorite coin will always dip, sometimes even by 50% as link did with me. If dips cause you this much mental stress then I suggest you either get over it or pull yourself out of trading crypto (and any investing in general) because the cycle of the market isn't changing any time soon.

>>28901401
The queation at hand is:

1.Is this it for the 4 year cycle bullrun
2.What will happen to world economy in relation to corona situation
3.Biden US bux, everything will go up

>>28890564
You called?

I sold at 1.15 after buying in around 25-30 cents. How hard will it dump when BTC inevitably suffers a correction down to 35-40k?

>>28901556
after 4 years BTC has went up a measly 150% from its previous ATH, this is the first sell off before going to 100k+

I would just like to say since this thread started I have earned 1 brand new Algo.

>>28902194
It was worth 1.40 yesterday, 1.28 now.
1 tomorrow.
And 30cents soon.
You are loosing money annon

>>28902194
nice.
i only have a 15k range stacklet but i hope beef it up a bit more. more beef = more steak. ya know.

Hi Algo anons, I'd recommend you look at what the chart for PRQ looks like for the last month. It might be beneficial to take careful note of it.

I have exactly 4 ALGOs. What do

>>28902554
Why

>>28902763
Just check it

>>28902351
Could you explain to me? I earned the Algo off of my interest and haven't bought in at any of price points you said if it went back to 30 i would be at a loss but for long term holding with the APY I see that offsetting. What am i missing here?

>>28902938
Even if you are getting APY all indicators say it will got to 30 cents or less and that means your entire stack will lose value.
Some annon calculated it will never pass 2$ in value.

>>28902938
Whole APY is calculated in such a way that it is NET 0 worth.

>>28903072
what indicators mr fud pants

>>28903072
I've done some research any chance you could link that to me?
I'm still confused if I'm getting APY on Algo and i'm up from my initial buy in if the price never drops below it I will have still made a profit and will continue to make a profit from compounding interest?
where are you getting your info that it will drop below .30?

>>28903313
It was posted a few times already.
All i know their shit tokenomics have a massive flaw.
I first saw it a few days ago and then it went from 1.72 to 1.28 now and no sign of stopping

>>28903449
So your feeling is that it is going to drop and there are indicators out there saying it will drop below .30?

>>28903372
He doesn't know anything he's a fucking retard

>>28903449
How are the tokenomics flawed?

>>28892871
$5000 by 2030. ETH dies after its revealed to be an unfixable bottleneck for DeFi and that even with 2.0 upgrades that it's too slow and congested. ALGO quickly eats its entire marketcap+takes its key tokens+more thanks to govt and corporate backing.

I've never heard anyone say anything of substance when the word 'tokenomics' is used in their post. Almost like it's a marketing buzzword and they're just parroting something they read.

>>28903372
There is this daily Algo thread and i read it there, maybe if you search for it.
I also got burned as i bought at 1.66 because it really did seem to grow.
Then all coins fell, some had green in them these last 3 days.
But this shit sinks like a stone.
Anyhow point is, that anons arguments srem to point that APY is net 0 tokenomics tool.

>>28903524
That's kinda my feeling but if they had some links or anything that could show me anything negative truthfully about Algorand I would love to see them.

>>28903449
sauce for my dd please?

>>28903702
people who use the word tokenomics are unironically the same people who bought doge because it was going to 1 dollar.

>>28890564
the only certainties in life: death, taxes, and my daily ALGO staking reward

>>28903594
Basically APY does nothing for you as devs calculated it in such a way that with coin price deflation after few years your net gain is 0.
I only read another anons post, his arguments seemed good when i read them.

>>28903718

>>28903895
Price lovering. My mistake

>>28903718
well thanks for trying to convince me I still feel 1 Algo richer since this thread started.

I hope you hold and don't have to sell at a loss but if you think its crashing to .30 then go ahead and get out best of luck to you in your investing endeavors.

>>28903693
Fucking based

>>28904012
I invested few hundred bucks.
If it drops under 1$ as that anon said.
That will be a sign he is right.

>>28904177
sell now

LOOK AT THESE FUCKING GETS, DIGITS CONFIRM

>>28903877
>>28903299
>>28903266

>>28902554
High of 1.67 and low of .97? Are you saying Algo will fall like that and start climbing back?

>>28904177
Which anon the one in this thread or on the mysterious thread I need to go find?

>>28902763
He doesn’t know what he’s talking about and wants to be spoon fed

>He didn't sell at 1.8

>>28903449
Last few days aren't a good test because what isn't dropping besides ATOM? What makes Algo's fall unique?

>>28896122
HAHAHA

>>28904343
Fiiiine, kek just made me buy more

my portfolio is currently 50/50 link/graph

should i buy this or nucypher or parsiq to round it out

>>28904405
Every few hours someone opens Algo general thread, i read above mentioned today on one of them.
I can flrget abput few hundred $ but i am salty about it, seems like you have mkre skin in the game so go look for info.

You guys do realize that this just hit $1 like a week ago for the first time ever, right? Anyone saying this is already failing is fucking retarded and only got into trading within the last 2 months. DYOR, find something you believe in, and stick with it. Stop chasing the 10x lottery, you’re probably going to get fucked.

>>28904665
Don't listen to the poos here, this shitcoin will tank this week. >>28896122

>>28904405
I think it was this guy?

>>28904524
If it drops below 1$ in next 7 days.
Sell and forget about it.

Hey fellow ALGOnauts. Kind of funny how the FUD has exploded around here. Sitting comfy on my 9k stack here and NEVER selling. Average buyin price $0.56 btw.

>>28904772
This is it.

>>28904772
thanks

it literally was at 4$ at launch how can it not be over 2$?

>>28890564
keep fudding while I buy more thanks guys
- future gajillionaire

this entire thread is a buy signal, they are starting to fud algo like they fud link

>>28904772
Thank you

Reduced my stack to 5k. Can't tell if this is a shitcorn or not.

>>28904772
after reading this, i'd be willing to be you find a very similar post 6 months ago

>>28904772
>every 6 months it pumps and dumps
what a load of misinformation, first of all ALGO is only 1 and a half years old so you can't determine pattern over that period which address the every 6 months it PnD.
2nd main point is the fact it wasn't just ALGO but the whole market pumped in February and August 2020, look at Tezos which has a similar market cap and is listed on Coinbase too it pumped in February and August. It's not just Tezos but most cryptomarket pumped in that time frame if you look at the charts.
Just some research and you will find out the amount lies spew out to gain personally.

>>28890564
we here and we comfy

I don't even know why I bother posting in these threads when these newfags will just buy back in at a higher price than cry about selling at a loss, this is the only way they will learn.

>>28905840
You were newfag once too

>>28892966
This is the biggest FUD I’ve ever seen concerning this coin.

>>28896122
Nice fud but if you could invest in Mcdonalds before it became the insane franchise it is now, would you? Thats why you are a lower and always will be. Algo for the win

I got in at .83 so I'm still holding fairly comfy. Everything is down at the moment and this coin had to rebalance after that massive single day pump. I just hope the rest of the week is kinder to our alts. BTC fighting for 50k is kind of scary but at least it didn't do what I feared it would.

>>28905475
also doesn’t algo have a max supply cap?? he makes it sound like they’ll keep printing to keep price stability but that can only happen for so long with an immutable cap

The ALGO fud is evolving at a rapid pace, extremely bullish

i love algo but the intention is literally to be a stablecoin, don’t get those moonshot expectations up too high y’all

>>28906573
>y’all

>>28906280
I will try to post this now and then to remind them

Looks like they added another 100M in circulation today, I wanna buy but why are they doing this?

Check algoexplorer, they're at 4.2 bil in circulation.

>>28906573
Launch price was 3.40 and they didn't wade into crypto not knowing what to expect. If the future of ALGO is credit card transactions and bank transactions the bitcoin MCAP is going to be swallowed by it within years.

>>28906573
Problem is even if they wanted it to be a stablecoin, they wouldnt be able to control it once the full supply is in circulation, especially if a bunch of people sat on their rewards instead of selling them. It would quickly turn into a Frankenstein's monster situation.

>>28906573
>y’all
you have to go back

>>28906573
You better be from alabama

>>28906771
i think they are trying to keep the price stable and avoid PnDs. interesting the price is staying stable with all the algo being dumped into circulation over the last week

AAAAAAAAA WHEN IS IT GOING TO $2

>all these newfags who didn't get in at 30c

Disgusting

>>28907066
Arkansas.

>>28906771
they're panic dumping to prevent the pump before they finish all their banks and country deals
extremely bullsih i think

>>28891934
You fomod in during a peak and lost money. This is your fault, not algo.

>>28892451
Does the Foundation own tokens?
The Foundation’s stake is 500M Algos (and the participation rewards thereof). This stake participates in the consensus protocol contributing to the protocol’s integrity.

>>28904487
I did. an anon mentioned euphoria I realized it was and sold. That anon was a genius.

>>28893315
They WANT it to be a pump n dump. They don’t inderstand that crypto has to have virtues beyond “make a quick buck then burn out” to actually catch on.
It’s thr difference between people who sleep with hookers and burn cash on drugs then kill themselves and people who marry their frumpy high school sweetheart and raise a family and die happy with grandkids who all have money to live happily.

>>28890564
Stacking 1 algo a day with APY. So comfy.

>>28907985
That was me anon. Time to buy back in

>>28890564
LET'S GO, ALGO!
>CLAP
>CLAP
>CLAP CLAP CLAP

>>28896774
Zoom out to more than one day?
I fucking hate fomoing idiots who buy peaks then bitch when it goes down like it’s not their fault for not doing any DD

>>28905922
The thing I wanna know is their secret. What allows them to all come here during a bull market and manage to leave when it's over? I've been trying to leave for years

>>28907982
Question, say some day all ALGO is in circulation. Will the APY just disappear?

>>28908680

>>28908680
I would logically assume so

>>28890564
Breadcrumbs

>>28908680
Yes. But then we moon.

>>28904723
Welcome to biz, retards call people suggesting stuff fags because it hasn’t mooned, then buy it at the peak and throw a fit when it corrects

>>28892451
It's pretty average. 10 year release schedule is good.

JUST BOUGHT MORE

I bought some ALGO at 1.5431...How long will I be holding these bags?

Friendly reminder that holding in coinbase cucks you out of 25% of your APY.
Also remember that for interest to compound you have to send a transaction (even if that transaction is 0 algos with 0.001 fee).
Also add me as a friend on the official wallet algobros L7BV7UYOQNDALDU4P7IYT3GI3OSTH2RHM3OCSLOALYBCBRJEGOAJGPAO6M

>>28909388
About a week when it moons to $10

>https://www.reddit.com/r/AlgorandOfficial/comments/llczk9/did_they_put_another_100m_into_circulation/
>https://www.reddit.com/r/AlgorandOfficial/comments/llczk9/did_they_put_another_100m_into_circulation/
>https://www.reddit.com/r/AlgorandOfficial/comments/llczk9/did_they_put_another_100m_into_circulation/
>https://www.reddit.com/r/AlgorandOfficial/comments/llczk9/did_they_put_another_100m_into_circulation/
>https://www.reddit.com/r/AlgorandOfficial/comments/llczk9/did_they_put_another_100m_into_circulation/

>>28909479
how is this coin listed at 65% buyers on coinbase for the last week but no moon?

>>28909479
>>28909130
>>28898209
>>28893003
>>28892317
>>28890782

You and your team got me. Honestly Bravo whatever discord you guys are shilling from - you got me. Thankfully I didn't buy that much so you made pennies off of me probably, but bravo. You guys are definitely making SOME money by shilling on /biz/ to newfags.

>>28895388
>see you in three hours
where you at?

>>28909555
>No moon
Nigger what?

>>28909633
No meme I have loans taken out for it

make it stack of this shitstain?

>>28904723
More like trading for the last two weeks

>>28909555
because it just means there are that many buyers more than sellers. if they are all buying at 1.29 and all of the people want to sell at 1:31 then the price still falls

>>28909770
Just link the discord bro, you're caught.

>>28909555
Theyre still auctioning off batches of tokens. This ensured that oncw that stops this shit moons, just like vlad dropping link 3 times a week

>>28909633
literal 2 cent dip over the past 3.5hrs
fuckin weirdo

>>28909771
100k or 50k

>>28909851
>Discord
Imagine using a shitty chink spyware for "communication"
Go back to plebbit

It's going below $1, isn't it?

>>28909851
Caught by what? I’m a one man army shilling this shit

>>28909863
>>28909676
>>28905385
>>28904991
>>28904632
>>28903759
>>28895709
Oh look another "just bought more" guy that has been in this post for 5 hours....really makes you think.

>>28909943
ty come again

>>28909943
i hope so.

>>28909894
makes sense, i'm off this ride then

>>28909980
take your meds schizo

>>28909930
Ok whatever IRC you faggots are in then. Nice job I do have to commend you.

>>28909980
talking to like minded people about basket weaving is wrong since when?

>>28908680
Yes. That's apparently how all algo is intended to enter circulation. When all 10B have been released APY will end at that moment.

>>28909633
If you sell your ALGO because of fudders you are a true idiot.

>>28896122
KEK

>>28909633
>discord
Literally just buy one ALGO and send it to your personal wallet. Done in seconds. I may be a fucking retard but paired with the MIT/Govt/Corporate backing screams ETH and ERC-20 killer to me.

>>28910075
4 hrs in this thread shilling. Well done. I am actually rooting for you guys on your Mumble chat to succeed so it pumps and I can cash out.

>>28909980
Say sorry nigger.

>>28908810
Guys. Really read that and get some $Cudos before Algorand announce anything.

piece of shitcoin

>>28910248
What's this pattern called? Tell your fag friends on skype to keep shilling so I can cash out.

>>28910176
Dont forget think tank levels of forward planning, these motherfuckers have thought of every problem and addressed it.

>>28892433
You must be new to crypto

>>28910200
Get a grip

>>28909943
Sold mine at $1.53 so I'm with donald duck on this one.

>>28910371
nigger say sorry first

>>28909549
>https://www.reddit.com/r/AlgorandOfficial/comments/llczk9/did_they_put_another_100m_into_circulation/
WTF isn't this like the third time they've dropped another 100m? clearly devs excuse me 'the foundation' just dropping bags on people

>>28910176
>>28910377
FUCKING SEQUENTIAL GET

>>28910371
The first selloff

>>28910515
bonafied scamcoin

>>28890564
Just practicing analysis from a total noob, here's what I think. Since ALGO is a high volume inflationary coin and the pump of 2/12 saw volume about 3x that of normal volume (V = about 150M ALGO for 2/12). I think the lack of recovery from the pop is still the ongoing liquidation. Supply from 1.30-1.40 looks healthy as as well as the order book finally, I've been closely watching ALGO and the high volume coin made some nasty price walls. Confidence seems to have went down significantly but surprisingly still at 65% buy ratio compared to 70%, the lowest I recorded was 58%.

From here on out, ALGO will seem to move like ALGO did, slow and comfy, but expect resistance around the price points of when the bubble started and when it popped, there seems to be an over supply price all around 1.55 and another 1.75. Those will be the price points to carefully monitor as we're finally back on track after 4 days of recovery.

>>28910649
You sound like a crypto weather man. Keep it up.

>>28890564
Fuck BTC, I find myself measuring my wealth Algorand, lol.

>>28910695
Thank you, sir, HODL STRONK

>>28910515
They are using that money to pump the fundamentals, they are commiting capital to bring developers over to their chain. They only started funding developers in june.

>>28909555
Algorand inc is shitting coins into circulation like the Fed

g-guys is algorand... /ourcoin/?

>>28911026
Yes

>>28911026
Always been

>>28910954
If they keep needing to cool the bull market with dumps, we could easily hit 5 billion in circulation this year. At which point investing in ALGO becomes even more enticing, IMO.

>>28909555
Algo has weird "tokenomics." Unlike other deflationary coins, Algo is an inflationary one for high liquidity but provides APY as an incentive to bag hold. It's two counter acting forces, quite intuitive solution at solving liquidity while retaining value IMO.

They should probably let it into the 3-4 range before dumping so hard and fast

On Saturday I was coming home from my cabin. While in a dazed state I was coming in and out of consciousness in a steady state as Ive been lucid dreaming lately. While in this state it happened uponed me that I should query the ether about the fate of algorand. When I wandered out of consciousness again I was brought to a judge, that was Ja Rule, BECAUSE HE FUCKING KNOWS THE RULE. I asked him the fate of Algo and he pointed to his right, I was met with a giant, who pointed me to a door at his shoulder. I was left wondering how would I get to the door? Then I woke up.

And then it dawned on me, Algo stands on the shoulders of giants by solving the Trilemma, and the path is high.

>>28900546

it solves the trilemma

>>28911544
Trilemma is mentioned in their official lectures. It's actually what makes them so different. Nobody else covers all the bases.

>>28911228
Based schizo algo-shaman

>>28910857
yeah sure bud. totally normal to have dumped 300m unannounced coins within the last couple months. oh and only at the at the time ath's as well.

>>28911872
Sounds smart to me, had GME done the same shit it might have actually held up.

>>28911173
giving people an APY that doesn't even reach anywhere near the percentage by which they are diluting the money supply literally makes you a bag holder losing money even if it appears you have more coins. literally long con game on rubes

>>28911670
I have what I consider a comfy stack of Algo. once I've decided to buy a project I'm the type to hold for a while and not worry. I'm about 90% xrp, 10% algo