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28610091 No.28610091 [Reply] [Original] [archived.moe]

did you buyed? edition

>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/

Silvio Micali, founder and developer of Algorand:
>Silvio Micali has been on the faculty at MIT, Electrical Engineering and Computer Science Department, since 1983. Silvio’s research interests are cryptography, zero knowledge, pseudorandom generation, secure protocols, and mechanism design and blockchain. In particular, Silvio is the co-inventor of probabilistic encryption, Zero-Knowledge Proofs, Verifiable Random Functions and many of the protocols that are the foundations of modern cryptography.
>In 2017, Silvio founded Algorand, a fully decentralized, secure, and scalable blockchain which provides a common platform for building products and services for a borderless economy. At Algorand, Silvio oversees all research, including theory, security and crypto finance.
>Silvio is the recipient of the Turing Award (in computer science), of the Gödel Prize (in theoretical computer science) and the RSA prize (in cryptography). He is a member of the National Academy of Sciences, the National Academy of Engineering, the American Academy of Arts and Sciences and Accademia dei Lincei.
>Silvio has received his Laurea in Mathematics from the University of Rome, and his PhD in Computer Science from the University of California at Berkeley.

>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
Bittrex

>Get the official wallet to get 8% APY, Coinbase only gives you 6%
https://www.algorand.com/wallet
https://wallet.myalgo.com/home

previous >>28564832

>> No.28610202
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28610202

IMAGINE not buying the 1.50 dip

I invested in an extra $1000 at 1.50 because it was so obvi to pick right back up

>> No.28610255

hi frens will we get through 1.70 in a few minutes?

>> No.28610265

>>28610202
i bought my entire stack at 1.7
really tempted to swing if this shit hits $2.00. AAAAAAAAAAAAAAAAAAAAAAAA

>> No.28610271
File: 1.04 MB, 750x1334, 1613164407447.png [View same] [iqdb] [saucenao] [google] [report]
28610271

>>28610091
6k Algonaut reporting in.

>> No.28610329
File: 51 KB, 728x665, 1529796792828.jpg [View same] [iqdb] [saucenao] [google] [report]
28610329

>No-coiners and Pajeets actually thought it was gonna dip to $0.50
>Completely neglected to research and understand the real world utility of the coin
>Mfw

>> No.28610440

>>28610265
anon I tried swinging at $1.50 and got burnt for it, I'd recommend against it kek

>> No.28610498

>>28610265
>shows up late
>swings
Remember to cope before you rope.

>> No.28610523

>>28610091
5K ALGOnaut reporting for duty.

>> No.28610534
File: 15 KB, 251x242, 1610814297284.jpg [View same] [iqdb] [saucenao] [google] [report]
28610534

>selling an ISO 20022 standard coin

>> No.28610556
File: 31 KB, 798x455, dtalg123.png [View same] [iqdb] [saucenao] [google] [report]
28610556

what's this pattern called

>> No.28610559

>>28610440
>tries swinging the floor

based /biz/nessman

>> No.28610565

>>28610265
you don't swing ALGO, it's a long position and punishes PnDers. ALGO is the tank class in an RPG

>> No.28610611

>>28610534
are you fucking kidding? this coin is 20022? holy fuck i just got goosebumps. i knew i was buying something important, but i had no idea how important.

>> No.28610693

>>28610556
Steep price walls, good support floors but hard to pass price barriers. When a wall is being hit head on is when volatility occurs but with a buy ratio of 70%, expect ALGO to have high tension leaning towards BUY orders

>> No.28610906

>>28610255
>>28610611
>something important
yes

>> No.28610915

2111 ALGOnaut reporting in

>> No.28610966

>>28610915

How does 2 million a year and 140K in interest sound?

>> No.28611039

2
0
0
2
2

>> No.28611089

let's laugh at this retard for shorting >>28591597

>> No.28611102

2 0 0 2 2

ALGO IS FORGED OF RIPPLE'S WET DREAM

>> No.28611142

How does the 8% interest work?

>> No.28611211

>>28610534
>ISO 20022
>"In July 2018, the Federal Reserve Board of Governors requested comments on the proposed adoption of the ISO 20022 message format in a migration beginning in 2020 and ending in 2023." -wikipedia
Everyone here is still early, completion of ISO 20022 adoption in the Federal Reserve will be by 2023. If you sell now for quick PnD tendies bucks, you'll kick yourself in the future.

>> No.28611252

Got 10k to spend, sell me on algo

>> No.28611287

>>28611252
algo go brrrrrrr

>> No.28611321

>>28611252
how does elon musk’s wife for 19 nights at trump tower sound?

>> No.28611336

>>28611252
how does 2 trillion dollars sound?

>> No.28611383

>>28611142
you leave algorand in your wallet
you do nothing
???
you automatically get 7-8% interest.

>> No.28611418

>>28611321
She's not my type, sorry

>> No.28611466

>>28611142
it's free real estate and algos

>> No.28611582

>>28611383
So keeping this stuff on your Binance account seems real stupid.

>> No.28611639
File: 262 KB, 934x1231, algo.jpg [View same] [iqdb] [saucenao] [google] [report]
28611639

>WAGMI

>> No.28611688

>people shitting pants about GRT
>muh Google of blockchain
>Algorand already has a functioning built in indexer

Is there anything this thing can't do

>> No.28611728

>>28611582
yes keeping it on any exchange is stupid. coinbase will give you some rewards but they skim 25% off the top, dropping you to 6% or less

>> No.28611739

>>28611688
checked
the only thing it can't do is get fudded

>> No.28611752

Please sirs to do the needful and sell your algorand moneys. Soon will be a large crash and then no more.

>> No.28611849

Bad news:

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

>> No.28611939
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28611939

>>28611849
Like clockwork, pajeet

>> No.28611965

>>28611849
HAHAHAHHAA

>> No.28612002
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28612002

>>28611849
Thanks for the article, I better sell all my algo now

Go to hell

>> No.28612019

>>28611849
kek we can't have an ALGO general without the pajeet fud

>> No.28612021

>>28611752
Go poo in the river

>> No.28612027

>>28611849
Yes bro this quite exactly

>> No.28612051

okay okay no trolling please. whats a realistic price target within the next 3 months? feels like 5$

>> No.28612065
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28612065

>>28611849

i love how unintentionally bullish this is

>A bearish thesis invalidation might come into play if ALGO manages to break above the recent high at $1.30.

RUHROH. algo is unfuddable friend

>> No.28612119

>>28611849
https://www.youtube.com/watch?v=l01AMCBG0Wk

>> No.28612170

>>28612051
Totally new in algo but from what i gather its a long hold and you need modest expectations for the short term

>> No.28612176
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28612176

>>28611849
In my long history of dealing with Pajeets when it comes to technical and business matters, I can tell you with upmost certain that you should never take the advice of or listen to what a Pajeet says. It will always end badly for you. It's not out of any malicious intent. They just have no idea what the fuck they're on about.

>> No.28612178

>>28611849
>>28611752
kek, perfect timing

>> No.28612223

>>28611321
This is disgusting

>> No.28612238
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28612238

>>28611849

>> No.28612277

>>28610202
I woke up at 5am to take a piss and was able to add to my bags at 1.21.

>> No.28612372

>>28611752
U sound like a fuckin pajeet

>> No.28612387

I don’t think you earn any rewards on Coinbase pro though, right?

>> No.28612505

>>28612387
no yo have to deposit back to Coinbase to earn rewards

>> No.28612530

>>28612387
You don't. You earn rewards on coinbase and get rewards, but at that point you should just move them to the wallet

>> No.28612642

Sirs, please read this news.

https://ambcrypto.com/xrp-algorand-zcash-price-analysis-10-february/

>> No.28612726

>>28612642
The formation of a bearish marubozu on Algorand

>> No.28612745

>>28612642
based pajeet telling me to get out while the going is good

>> No.28612747

>>28612642
>Saif Naqvi

>> No.28612754

>>28612530
Sir I respect your point, but you overestimate my abilities. I will certainly fuck that up and send my algies into the abyss.

>> No.28612788

>>28612642
Yes sir, this is very worrisome information. I sell very much thank you

>> No.28612791
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28612791

Anyone use some of their stack yet?

https://realio.fund/wp-content/uploads/2020/12/realio-wp.pdf

>> No.28612802

>>28610556
Doesn't that mean that people expect it to fall more than it is right now? From 1.59 and further we will see big green dildos, but in the same time we have big sell orders on 1.63 so algo will crab some more in 1.60. Price is stable.

>> No.28612861

>>28612642
>10-february

>> No.28612885

Whats this 20022 stuff about?

>> No.28612944
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28612944

>>28612791
Have not seen this before, this looks really promising.

>> No.28613001

>>28612642
Yes very much good to you sir for this information. I sell right away.

>> No.28613141

Honestly I think Algo is gonna get adopted to work with another stablecoin in the Caribbean or some other big touristy spot in the next few years and will leap to like $20.

>> No.28613179
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28613179

>>28610091
It's nice to see new ALGO memes are popping up every day on biz. I remember making ALGO threads only to get 3-4 replies. I used to hold this coin for 4 months because I unironically bought the top. Sold at minimum loss in December. But I still love this coin and check it out from time to time. Might re-buy in the future.

What price do you guys think it will reach EOY? Rational prediction only please.

>> No.28613237

>>28613179
>sell low buy high

Not quite the biz motto but close enough.

>> No.28613313

>>28613179
3 is my bearish bet. 5.50 is my bullish bet.

>> No.28613452

>>28613141
>tourism
I don't know if that's ever coming back

>> No.28613471
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28613471

>>28613237
I sold ALGO at minimum loss to buy GRT. Almost x10 my money in 2 months with GRT. I'm now considering to buy a 10k of ALGO after GRT hits $5.

>>28613313
5.50 EOY seems very conservative, no?

>> No.28613529
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28613529

>>28610091
1300 Algolet reporting in. Plz no bully.

>> No.28613531

>>28613471
It may be but I'm so sick of the gorillian dollars EOY meme I keep my expectations low

>> No.28613684

5k stack reporting in. I’m holding on tk this shit until I make it.

>> No.28613724
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28613724

>>28613531
I see. I guess I have to lurk on Algo TG again to see if there's any upcoming news that could build momentum for ALGO.

>> No.28613751

>>28613471
$5 is realistic if ALGO really delivers. It would have a market cap similar to AAVE, I don’t think its impossible, but 10> is simply unrealistic

>> No.28613772

Jason and the Algonauts when?

>> No.28613892
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28613892

Reminder

>> No.28613908
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28613908

>>28613751
Thanks anon. How big is your stack? I still have my Algo wallet installed on my phone. Nicest crypto wallet I've had so far.

>> No.28613952
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28613952

Market is slow today, but we're gonna make it

>> No.28614012
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28614012

>>28613724
Brazil now has a stable coin built on algo. Argentina is actively seeking CBDC. Guess who already has a name established in stablecoins? All of these countries are trying to get a leg up in the digital economy. Algorand will welcome them with open arms and awesome technology.

>> No.28614167
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28614167

Can I have the Algo wallet on two phones like I can with Exodus wallet? In case I lose a device?

>> No.28614328

>>28611252
8% APY compound interest.

>> No.28614420

>>28611582
Yeah, I had Algo on a Binance wallet before I realised I was being jewed out of my interest.

>> No.28614434

>>28614167
got dat algo eyyy
dat algo yooo
got dat algo eyy

>> No.28614588

>>28614420
Is it monthly or yearly interest?

>> No.28614654

>>28614167
on infinite phones

>> No.28614717

Is there anyway to get the official wallet without using the play store? There is zero chance I'm installing google aps on my phone just to get the wallet. Any recs for other wallets if not?

>> No.28614719

>>28614588
how does every few minutes sound?

>> No.28614735

>>28614588
minutely...

starting to think we havent exploded is because people dont realize the interest starts immediately

>> No.28614907
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28614907

Whale here, convince me to dump 50k into this. I want to turn my 50k to 500k and have been surveying some early coins for my next LNK hit (got into LNK when it was .91)

Other coin I'm eyeing was NU

>> No.28614964

>>28612791
Anon if you're still in this thread, do you have any opinions on the RST tokenomics? The platform looks interesting; waiting for accreditation on the platform at the moment.

>> No.28614971

>>28614907
I forgot to mention: is this a good dip to buy or will it dip further? I'm going for the long haul anyway

>> No.28615030

>>28614971
it could dip back down to 1.50 but you shouldnt bet on it

>> No.28615063
File: 108 KB, 640x514, 2 koolfren.png [View same] [iqdb] [saucenao] [google] [report]
28615063

>>28614907
How does 500k sound?

>> No.28615121

>>28614907
Guaranteed moonshot, and also 8%...I dont even know how to name it, its not even flexible staking, its just Algo staking.
You just hold Algo in your Algorand Wallet and thats it mate, the reward is automatically added to your balance.
You need around 5k ALGO to generate 1 ALGO daily.

>> No.28615193

>>28614735
>starting to think we havent exploded is because people dont realize the interest starts immediately
I'm secretly hoping it doesn't skyrocket in value for a little while longer. I'm a poorfag that only has 1000ALGO. I wanna be able to buy more while it's still cheap - still waiting on another airdrop from Uncle Joe in Washington - but then again, I also wanna see it go to the moon because I'm all in on this. I'm conflicted

>> No.28615215

>>28611142
https://algoexplorer.io/rewards-calculator?

>> No.28615257
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28615257

>>28615121
what happens if a person has under 5k stacks?

>> No.28615294

>>28614971
if you're in it for the long haul, ALGO is a good bet. Good support floors at price walls and high buy ratio at 70% good gains short and long. It's a ISO 20022 coin and 8% APY with a variable principal tied to the coin's value, that means any interest generated will retroactively increase as the value of ALGO continues to rise.

>> No.28615316

>>28615193
Let me solve this for you. Accumulate.

>> No.28615328

>>28615257
Then they get less than 1 algo daily

>> No.28615371

>>28615257
5k is around the point a person gains 1ALGO a day on interest alone. If ALGO were to ever moonshot, one could live off the interest alone.

>> No.28615397

>>28615257
>>28615215


This is idiot proof yet the bars keep getting lowered.

>> No.28615409

>>28615316
I'm trying. Every paycheck I buy more

>> No.28615481

>>28614907
I sold my grt for nu

but i'm sure you'll make the right choice

>> No.28615518

Pamp et

>> No.28615554
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28615554

>>28615371
My goal is a 5k suicide stack. I'm at 3040 right now

>> No.28615563
File: 33 KB, 567x426, 1547711863185.jpg [View same] [iqdb] [saucenao] [google] [report]
28615563

Alright bought in. I'm part of you guys now
>>28615481
The fuck, why? GRT is my biggest earner of the year, way over my LNK but I got into GRT at .50 anyway. Have 15k stacks

>> No.28615608

>>28610091
You're making a really good project look like a scam.

>> No.28615660

>>28615608
How so? Spreading info? nobody's shilling or throwing price predictions around, we're just in the adoption phase right now.

>> No.28615678

>>28615397
It's a sign of the regular fags getting in. It's a bad sign.

>> No.28615685

>>28615563
Welcome aboard, set up an Algorand wallet and transfer your algos there and enjoy free gibs.

>> No.28615686

>>28610611
What is 20022? I'm new to this sorry.

>> No.28615777

>>28615686
Just turn back now.

>> No.28615798

For anyone who’s not a shortsighted fudder, algo + GRT are almost guaranteed to take you to retirement

>> No.28615821

>>28615777
Tragic trips of truth.
>>28615686
Sorry anon, this isn't for you.

>> No.28615836

>>28615554
I'm poor but I see the value in this and its system so 635 full yolo all in play, been in since .72

>> No.28615882

>>28615686
>ISO 20022 is an ISO standard for electronic data interchange between financial institutions. It describes a metadata repository containing descriptions of messages and business processes, and a maintenance process for the repository content. The standard covers financial information transferred between financial institutions that includes payment transactions, securities trading and settlement information, credit and debit card transactions and other financial information.
From wiki.
Basically its the safest bet right now.
Some other ISO 20022 coins are XRP, XLM.
I believe you heard of SWIFT, its also made around this standard.

>> No.28615941
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28615941

>>28615798
I'm gonna reach seven figures because of these two. I'm also into ADA but its been growing way too slow despite being #3 in market cap.

>> No.28615950

>>28615882
>>28615686
But I said too much, DYOR :)

>> No.28616024

>>28614719
>>28614735
8% every minute doesnt sound quite right. Surely its 8% yearly but stars accumulating every minute?

>> No.28616124

>>28616024
> 8% every minute

>> No.28616185

>>28616024
Anon...

>> No.28616195
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28616195

I have 1200 ALGO and 40 LINK
am I gmi?

>> No.28616245

>>28616024
based knows absolutely nothing about finance but making financial decisions anyways /biz/nessman

>> No.28616273
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28616273

>>28615821
>>28615777
>You weren't born with every bit of information about crypto and finance so you can't learn
Pic related.
>>28615882
That's great, sounds like it would make them more stable and reliable. I already have $1k XLM so that makes a lot of sense now.

>> No.28616285

>>28616024
Yeah you got it right.
8% si annual, but your staking rewards are added to you balance after every finished block. So thats around 4.3 seconds atm.
Depends on your balance, if its too small it will get updated after more than 4.3 s.

>> No.28616313

>>28615678
I think you are right.

>> No.28616433

its dropping wtf

>> No.28616472

>>28616024
it's compound interest compounded daily so you need to take the annual rate then divide it by the days of the year to get your daily interest at the annual rate. This gets recalculated every day with the interest on top of the balance so the interest grows slowly every day. The crazy thing about compounding interest is that it's an exponential function as time. With enough time and dedication, you could mathematically win the game instead of gaming the market.

Have you ever done that math exercise in elementary or hs where you take a penny and double it every day for a month? That is compounding, interest on top of interest

>> No.28616475

BUY BUY BUY

>> No.28616589

>>28616433
weak handed pump and dumpers looking to make a quick buck only look at the 24 hr % change without realizing we're still following the trend just correcting for yesterday's insane growth, buy volume is still heavily skewed to 70%

>> No.28616621
File: 103 KB, 435x318, 1605068783509.png [View same] [iqdb] [saucenao] [google] [report]
28616621

What does fud mean? Thanks for not being a faget in advance.

>> No.28616635
File: 198 KB, 292x243, 1525926341982.png [View same] [iqdb] [saucenao] [google] [report]
28616635

>can't move my ALGO from Coinbase Pro to Algorand wallet until deposit clears
yeah fuck you, 10 potential ALGOs gone already

>> No.28616682

we retesting 25c soon

>> No.28616716

Official algorand wallet or exodus?
Is the staking reward the same? Don’t really want to have so many wallets if there is no disparity (~7%)

>> No.28616808
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28616808

>>28616621
Fun Under Duress. It's when despite a stressful situation everyone is still enjoying it. You will see it in response to someone posting distressing information.

>hey this entire house is on fire and collasping get out now!
>FUD!

>> No.28616843

>>28616808
this

>> No.28616858

>>28616682
been ready, I noticed support has been solid, the floors are rising too

>> No.28616922
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28616922

>>28616635
>uses cuckbase
you got it going for you

>> No.28616992
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28616992

>>28616922
yeah well binance is a bitch in US and the face verification is still broken so I had to choice

>> No.28617019

>>28615882
Don't be a cuckold, mate. I'm accumulating over here.

>> No.28617078
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28617078

>>28616992
Uff, I forgot that you are that much fucked in burgerland.

>> No.28617091

>>28615941
'ADA' the woke shitcoin named after a fucking feminist. Disgraceful and disgusting. Might as well paint BLM on your chest while your at it.

>> No.28617119

>>28616621
google it nigger

>> No.28617176

>>28616433
Yeah, so get the fuck out.

>> No.28617222
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28617222

its over bros

>> No.28617226
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28617226

>>28617019
OK OK FUCK IT NO MORE SPOONFEEDING
FUG ALGOSHIT SUCH A FUCKING CUNT COIN JEW COIN PEDO COIN FUCK FUCK FUCK
NEVER BUY, IF YOU OWN SELL NOW, QUARTER OF CENT INCOMING.

>> No.28617268

>>28616472
I hope you know token distribution will end at 10bil.

>> No.28617277

Selling a few BSV for ALGO...win/win

>> No.28617342

>>28616621
We need swastikas and nazi memes, quick.

>> No.28617346

>>28616808
Pretty close.

>> No.28617379

>>28617277
>>28617222
trips tells me to set my buy order for 1.40

>> No.28617380

>>28617119
Faget

>> No.28617383

What's the dip here? Thinking of trying to add to my stack at $1.50, but im not sure if we'll go that low again.

>> No.28617429

>>28617383
it will hit 25c soon

>> No.28617449

>>28617383
this is the new floor

>> No.28617474

>>28617380
woaw there timmy no need to use such bigotry

>> No.28617480

>>28617383
>in the middle of dipping
>thinking anyone can tell you where it stops exactly

lol

>> No.28617482

Alright, I'm convinced. What would be a good sized stack here aka make it stack?

>> No.28617533

>>28615882
>XRP
not the best of examples

>> No.28617585

>>28617383
it's either gonna crash to below $1 or continue mooning within 48 hours

>> No.28617657

>>28617480
just looking for opinions mate

>> No.28617689

>>28617533
Honestly its time to grow up and stop being a sloganeering zombie. No matter if you like it or not, XRP is a good example. They are also in the middle of a suite that will benefit XRP. So you are a full on retard bud

>> No.28617739

>>28617482
Nigger tier 1k

Pasty Slav 3k

Based Aryan 5k

Elite SS 10k

>> No.28617973

>>28617739
>>28617482
you need way more than 10k

closer to 50k

>> No.28618002
File: 41 KB, 444x794, 1610659876066.jpg [View same] [iqdb] [saucenao] [google] [report]
28618002

>>28617533
>>28617689
Im 70/30 XRP/ALGO
Wouldnt change a thing.
XRP as a project is done, first they will deal with SEC and then you will see all the news with whom is Ripple collaborating.
Algo is a nice comfy hold with amazing staking. But honestly if you dont have atleast a few hundred zerpies you are just straight up stupid.

>> No.28618263

>>28617657
your first mistake is taking financial advice from anonymous people on a forum board filled with retards

>> No.28618399

Looks like we're continuing the organic climb from about 27 hours ago.

>> No.28618650

>>28617689
>>28618002
I don't like XRP for a number of reasons, but not going to derail the thread about it.
that said, ALGO is looking good and I'll probably jump aboard

>> No.28618674
File: 35 KB, 799x671, 1602908724706.jpg [View same] [iqdb] [saucenao] [google] [report]
28618674

>>28617226
lost

>> No.28618755

>>28618263
im sure he made plenty of mistakes before that

>> No.28618771

>>28617739
10.5k Algonaut here, 50k isn’t feasible

ngmi with 10k?

>> No.28618809

>>28618650
Yeah you should, but more sooner than later, dont expect a huge dip anon.

>> No.28618993

>>28618771
you can get 6 figures with 10k eventually but I don't consider that "making it"

>> No.28619115

another jump is imminent, I can feel it

>> No.28619253

>>28619115
I'm about to pull some /x/-tier stuff. Get ready for a pump. Also, don't panic on Sunday.

>> No.28619473

>>28618771

10K Waffen SS Algo Division II

>> No.28619504

>>28619253
I hold strong

>> No.28619524
File: 6 KB, 225x225, download.jfif.jpg [View same] [iqdb] [saucenao] [google] [report]
28619524

>anon panic sold

>> No.28619682

Sold my 69k steak at .96 a couple days back. A bit early based on this latest frenzy (oh well, could have paid the mortgage), but I've been riding ALGO waves for a solid year+. Every 6 months it pumps and dumps like clockwork around the 200M staking program drops... Guess what, the next one is lined up for 2 wks from now:

https://algorand.foundation/faq#200m-staking-program-also-known-sometimes-as-super-staking-rewards-program-

This latest pump will be over in 4-6 weeks and we'll be headed back toward a more reasonable .45 - .65 ALGO over the next 3-6 months.

Historically speaking the token's intrinsic value hovers around .30 - .35, but network effects certainly have improved recently. Don't get too excited about this pump, if you read deeply into the Algo Foundation literature you'll see they have a vested interest in keeping this a comfy stablecoin, which means pumps will be followed by token "printing" and accelerated vesting designed for price target control.

https://algorandfoundation.cdn.prismic.io/algorandfoundation/eb2a8c69-2262-42f8-99a4-09df485207b5_EIP-11252019AF_+Conditional+Accelerated+Vesting+Nov+30.pdf

That said, I'm still on the 10Y timeline for Algo hodl. It's a long-term comfy token.

>> No.28619806

>>28619682
Tldr faggot ALGO to the moon $5 eom xd

>> No.28619838
File: 236 KB, 900x709, 123dq.png [View same] [iqdb] [saucenao] [google] [report]
28619838

LONDON BRIDGE IS FALLING DOWN, FALLING DOWN, FALLING DOWN

>> No.28619967
File: 3 KB, 200x194, DE137722-FA78-46DF-9CF2-B4DA01D5CD09.jpg [View same] [iqdb] [saucenao] [google] [report]
28619967

I bought the fucking top bros

>> No.28620073

Tezos shits on algo, but algo is decent.

>> No.28620208
File: 187 KB, 1112x1121, 30958205943850239850934525435234.jpg [View same] [iqdb] [saucenao] [google] [report]
28620208

>>28619967
I added to my comfy 1.2 stack at 1.67
Wagmi fren

>> No.28620215

>>28611418
How does trump in Elon’s house for 21 nights sound?

>> No.28620263

>>28610091
PP0S
Pure Proof of Stake

>> No.28620693

>>28619682
Decent post but there is a bit of copium here. With the rise in prices and the setting of floors there is a lot less incentive for those who get the rewards to sell and tank the price.

>> No.28621261

>>28611321
Fucking kek

>> No.28621918
File: 84 KB, 735x660, he-panic-sold-pump-it-bogdanoff-on-the-phone-calling.jpg [View same] [iqdb] [saucenao] [google] [report]
28621918

>>28617474
Here fren

>> No.28621986

>>28620693

I prefer to call it pragmatium. The reason ALGO hasn't ripped as much as GRT is because they've designed it to have a negative feedback loop to reach price homeostasis.

Everyone thinks they're getting 8%, but StakingRewards "adjusted reward" makes it pretty clear that Algo Foundation releases enough tokens to deflate the intrinsic value and keep it at 0%. You might hold more, but they are worth less due to token printing.

https://www.stakingrewards.com/earn/algorand

It's a brilliant system designed to keep capital inflows coming to the Algo Foundation, keep the token appearing "cheap" for n00bs to buy in and build the network (staking thru hodl), but also pitch stability to the suits/SEC/gov'ts. All these MIT wizards know exactly tf is going on and why they pulled in Paul Milgrom.

Again, comfy as fuck for 10Y hodl, play the PnDs to take advantage of the short-term APR bonus, that's the way this one works.

>> No.28621996
File: 36 KB, 680x708, 7ac.jpg [View same] [iqdb] [saucenao] [google] [report]
28621996

>>28619967
You belong here anon

>> No.28622079
File: 59 KB, 635x346, algo-italia-2.jpg [View same] [iqdb] [saucenao] [google] [report]
28622079

>>28614434

>> No.28623190

>>28621986
wait so it lowers its own value?

>> No.28623463

>>28621986
so good or bad investment, im cornfused

>> No.28623465

>>28621986
>>28623190
it's literally no different than any other coin increasing in volume. Has 1/5th of something like XLM's total supply cap.

>> No.28624197

>>28623190

It does both, Algo Foundation restricts token distro when price is low and increases token distro when price is high. That's why 6 months ago I was getting 5% APR and now you're getting 8%. That's what a negative feedback loop means, and basically what the Fed tries to do w/ US money supply. Look at the math on their Algo Dynamics page, it's literally all there.

>>28623463

Great investment. Requires a 5-10Y hodl though.

>> No.28624222

poorfag here looking to throw 0.5 ETH into algo, might hold out for a slight dip in the coming weeks

>> No.28624277
File: 94 KB, 1280x720, 1613201282070.jpg [View same] [iqdb] [saucenao] [google] [report]
28624277

>>28622079

>> No.28624406

Why dumping bros?

>> No.28624498

>>28624197
what guarantees price increase over time?

>> No.28624523

>>28624406
lol it's not dumping, it's only in the red because of yesterday's gains, if you look at the average we're still going up, algo makes its moves while the ticker is red to stealth climb

>> No.28624541
File: 166 KB, 945x2048, Screenshot_20210213-192826.png [View same] [iqdb] [saucenao] [google] [report]
28624541

Should I sell ALGO I made 400% profit after putting 1k in December

>> No.28624604

>>28624406
Everything has been down since yuros woke up

>> No.28624614

>>28624541
>line going parabolic
are you scared of being rich?

>> No.28624667
File: 358 KB, 750x610, 1605907767889.jpg [View same] [iqdb] [saucenao] [google] [report]
28624667

>>28621986
stable shitcoin, time to sell

>> No.28624676

>>28624541

depends on what your investment goals are

are you actively day trading to try and max your sats? if yes then feel free to take some profits and move into another smallcap

but know that this coin is a long term hold and in 2-3 years you will be wojack posting about how you sold Algo at 1.50 to buy some pancake shrimp coin

this is always the story when someone sells a bluechip coin early. except ada because ada is dogshit

>> No.28624738

>>28624541
>imagine selling BTC in 2011

>> No.28624761
File: 247 KB, 498x528, 1613148580103.png [View same] [iqdb] [saucenao] [google] [report]
28624761

>>28610091
>check github code
> it uses golang (absolutely retarded codemonkey language that ignores 50 years of programming languages research), anyone who pushed for this is an absolute donkey that i would never trust with my money

just sold this shitcoin

all on on cardano and it superior haskell core

>> No.28624812

>>28624761
>cardano
anon, i...

>> No.28624873
File: 276 KB, 1600x1200, 1293949f8fijdje06.jpg [View same] [iqdb] [saucenao] [google] [report]
28624873

>>28611939
Makes me happy to see my cowgirls get posted. Anybody need any other ALGO tainted images made?

>> No.28624943

>>28624738
how do you know this will continue to climb?

>> No.28625012

Aside from first mover advantage, what is to stop ALGO from flipping ETH in a few years?

>> No.28625061
File: 783 KB, 1625x1931, Algosaurs.jpg [View same] [iqdb] [saucenao] [google] [report]
28625061

>>28610091
>>28610271
>>28611639
>>28611939
>>28613952
>>28624761

>> No.28625072

>>28624943
read more

>> No.28625159

>>28625061

>tfw when just made the cutoff for swimmysaur

who else an ocean boi here

>> No.28625350
File: 139 KB, 1024x769, 1612664300068.jpg [View same] [iqdb] [saucenao] [google] [report]
28625350

>Someone on Coinbase pro bought for 1.35 during a massive dip
Fucking lucky son of a bitch

>> No.28625368
File: 220 KB, 1280x853, 76B52567-F11A-4D53-96BE-98875458E7D1.jpg [View same] [iqdb] [saucenao] [google] [report]
28625368

>>28610556
da big cannoli
bada bing bada boom

>> No.28625416

>>28625012
lack of normie interest, unless you're BTC ETH or DOGE chances are you don't have normie money pumping it up

>> No.28625539

>>28625416
tell that to Cardano, chainlink etc

>> No.28625541
File: 783 KB, 1625x1931, Algosaurs.jpg [View same] [iqdb] [saucenao] [google] [report]
28625541

>>28625061
improved

>> No.28625643

here comes the climb boys

>> No.28625705
File: 74 KB, 691x1024, 1604455651190m.jpg [View same] [iqdb] [saucenao] [google] [report]
28625705

Aaand we're back
>>28624873
Good work friend

>> No.28625874
File: 95 KB, 235x214, 1612971776612.png [View same] [iqdb] [saucenao] [google] [report]
28625874

HOLY FUCK
STRAP IN BOYS

>> No.28625991

I HATE THIS SHIT. WHY WONT IT STOP MOONING SO I CAN BUY CHEAP?

>> No.28626051

>>28624498

In the short-term its token distribution mathematics. Over the long-run, it's whether or not demand is there, like any other financial instrument. I figure if VISA has a mkt cap of 500B, Algo has the potential for a $1T mkt cap over the next 10 years, which puts it at $100. Algo has a great team + great product, with rumors about insider connections, but network use is minimal right now and there's still no killer app. So that's why I just use it as a risky bank account for now and play the PnDs like the math tells me I should.

Again, read their Algo Dynamics page...

>The paradigm we will follow in the 10-year Plan is diffusion of the Algo with gradual creation of long term digital scarcity. The diffusion has been planned to be faster when an even faster activity and economic development is expected. This is detailed below.

>> No.28626078

>>28625991
you had all day

>> No.28626203

>>28625874
Is this actual pump or is it just finalizing the flag? Tough to say but I'll stay optimistic

>> No.28626253

>>28611039
Normies still don't understand that ALGO is FEDCOIN but they will learn while we all make it.

>> No.28626375

>>28619682
>>28621986
>>28624197
>>28624676
>>28626051

Some solid posts anon, txh.

>> No.28626382

>>28624873
Yea can I request ahhhhhhhhhh hmm a trio pose of something like outlaw star bitches?

>> No.28626546
File: 30 KB, 250x249, 1612971824672.jpg [View same] [iqdb] [saucenao] [google] [report]
28626546

I spoke too soon

>> No.28626829
File: 54 KB, 444x319, Battering-Ram-on-Wheels.jpg [View same] [iqdb] [saucenao] [google] [report]
28626829

>>28626546
hammering the wall between 1.64-1.65

>> No.28626857

>>28624676
Why do you consider ada so bad, dear Knower?

>> No.28627064

WHAT WAS THAT

>> No.28627175

poorfag just put $100 dollarydoos into ALGO, seems based

>> No.28627204

where do you think our next floor will end up at?

>> No.28627262

>>28626253
I'm cool with that

>> No.28627362

RESPECT THE POOMP

>> No.28627419

BACK TO 1.70 BABY

>> No.28627445

HELLO 1.70, I MISSED YOU BUDDY

>> No.28627462

>>28627262
I figure as long as the SEC wants to make money with it they can take their cut and i'm going to use it to prop up their other instruments which is probably the point in the insanity we call markets.

>> No.28627485

we back at 1.7 boys

remember this the next time someone cries about it dropping to 1.5 again

>> No.28627486

thank you based silvio
WE BACK

>> No.28627490

NIGGER AIDS

>> No.28627521

2.5EOD

>> No.28627539
File: 46 KB, 112x112, 1608886164552.gif [View same] [iqdb] [saucenao] [google] [report]
28627539

>there are humans who panic sold

>> No.28627555
File: 714 KB, 1146x853, 6927e1a3-c2e9-4167-be03-d86bfd5bbd56.jpg [View same] [iqdb] [saucenao] [google] [report]
28627555

NO DIPS, ONLY POOMP NOW UNTIL 2030

>> No.28627565

>>28627521
only if bitcoin starts pumping again

>> No.28627657

>tfw addicted to masturbating to bbc interracial porn and sissy hypno
WAGMI algochads

>> No.28627675

>>28627419
The consolidation was healthy and needed and I don't feel bad about finishing my stack off at 1.75 yesterday at all. See you boys at 2.5

>> No.28627696

LRC about to make another jump soon as well. check it

>> No.28627713

>1.73
Not gonna lie, this is not what I was expecting when I watched it dump to 1.35 yesterday

>> No.28627751

2 EOD LETS go

>> No.28627798
File: 6 KB, 200x200, C26F8C4C-0186-4241-A139-607DE46B2A4E.jpg [View same] [iqdb] [saucenao] [google] [report]
28627798

>Newfags sold? Pump it

>> No.28627818

Panic sold my stack at a modest gain REEEEE

>> No.28627834

>>28627675
Same here. Already had 2k at 1.19 then added at 1.67. missed out on a couple grand easy overnight but I wouldn't have been awake for the 1.35

>> No.28627864

>>28627565
Fucken this.
Boomer coin is shitting the bed once again.

>> No.28627869

>>28627713
i'd be happy for a stable 1.7 weekend

>> No.28627977

>>28627864
we wont have an idea of when this bitcoin and alt coin boom will end until its too late.

but theres no indicator that bitcoin is going to stop or tank

>> No.28628072

>>28627798
I gotta say, Bog has been the most successful shilled meme on this site. It was so fucking unfunny when it came out.

>> No.28628076

>>28627834
I got in at 1.15 and 1.28 and threw an extra 600 at it at 1.75 to even out my stack and knowing that March is going to be a wild wild ride. I'm in for the long haul though and want to watch this replacing ETH as it should. I feel 2-4 years is going to be hard to decide to sell or to reap ridiculous staking rewards.

>> No.28628094

>>28627977
>no indicator
i'm looking at this
https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/

>> No.28628096

>>28612238
Sauce

>> No.28628115

>>28627798
kek all too true. Algo was my very first crypto purchase (bought in at .55) and I sold most of mine at 1.60 because my brain couldn’t handle all the volatility

>> No.28628135

>>28628094
https://www.lookintobitcoin.com/charts/rhodl-ratio/
it's actually this

>> No.28628182

>>28627864
Bitcoin will go up, Microstrategy had a conference with a bunch of companies about bitcoin and Tesla bought a bunch of bitcoin. Only way is up for Bitcoin which is good news for ALGO.

>> No.28628251

YEAH we hitting $2 today my niggaz

>> No.28628272

>>28627751
I’d cum if it did

>> No.28628355

>>28628135
right now you also have to look at public interest right now. bitcoin is becoming common phrase and is garnering the attention of institutions that want to capitalize on the cryptocurrency market while they still are still early now that its more of an established thing rather than unexplored waters

this pump could last a while due to so much new money entering the market and raising its market cap, which is what ALGO plays off of almost to a T

>> No.28628439

I regret not dumping another $1k during the dip but I've got my 5K ALGO suicide stack which is good enough for me

>> No.28628440

>>28628135
bruh, this looks goos too

>> No.28628472
File: 58 KB, 600x608, 1558647670717.jpg [View same] [iqdb] [saucenao] [google] [report]
28628472

Walls are being tested boys

>> No.28628545

>>28628355
BTC(and crypto) also has better chances this time because now it proved that it wasnt a one off occasion that its a hot topic

>> No.28628553

>>28628251
mandingo piper perri

>> No.28628575
File: 2.36 MB, 540x540, 1610969031972.gif [View same] [iqdb] [saucenao] [google] [report]
28628575

>over 20k algo since december
>haven't sold and won't for a while

>> No.28628652

$2 EOD
$4 EOM

easiest most braindead solid safe pick for a 2x. You arent late

>> No.28628661
File: 160 KB, 249x299, 1592338527806.png [View same] [iqdb] [saucenao] [google] [report]
28628661

Would I earn maximum stake profit by holding Algo in a ledger or do I need the mobile wallet?

>> No.28628720

>$1 DCA
I feel like a cuck for getting in too late (only 1k coins) but I can’t bear to move my DCA up even though I have a bunch of cash in a dead end savings account

>> No.28628760

>>28628661
Either are fine. You can pair the official app with a Ledger Nano X

>> No.28628772

>>28628661
Doesnt matter, only exchanges are jewing you out of your precious algos.

>> No.28628785

>>28628115
Shame anon, this is a long term HODL.
Volatility is part of any true free market.
Better grow some hair on yer balls to handle what’s coming next.

>> No.28628861
File: 1.26 MB, 700x1226, __original_drawn_by_sin_gun_woo__e4b4de3e2267b99c145e601d31feb87f.png [View same] [iqdb] [saucenao] [google] [report]
28628861

>>28628720
Do it faggot

>> No.28629023
File: 399 KB, 1600x1067, algoalgo.jpg [View same] [iqdb] [saucenao] [google] [report]
28629023

Is this the best ALGO meme?

>> No.28629343

>>28629023
yeah :)

>> No.28629382

it's fightin with 1.75 but I'm cozy up here. I like these threads.

>> No.28629445
File: 230 KB, 1200x1200, 4423.jpg [View same] [iqdb] [saucenao] [google] [report]
28629445

I have 6k Algo's... when can I retire laddingtons?

>> No.28629469
File: 60 KB, 174x169, 1591896161818.png [View same] [iqdb] [saucenao] [google] [report]
28629469

>>28628760
>>28628772
so i just need to keep it in my ledger and it'll accumulate on its own? right? i dont need to do anything special?

>> No.28629575
File: 398 KB, 680x515, 1613020544537.png [View same] [iqdb] [saucenao] [google] [report]
28629575

>>28629445
How does 6 billion EOD sound?

>> No.28629622

>>28628072
Cringe

>> No.28629671

>>28629469
Yes. Occasionally you can send or receive a transaction to reset the award balance displayed but you'll notice it is automatically added to your total balance anyway.

>> No.28629677
File: 2.13 MB, 1024x768, ALGOSAURS.png [View same] [iqdb] [saucenao] [google] [report]
28629677

>>28629023
I raise you ALGOSAURS

>> No.28629759

knock knock 1.78

>> No.28629806
File: 224 KB, 517x524, 1612194407080.png [View same] [iqdb] [saucenao] [google] [report]
28629806

Someone bake a new thread we're mooning

>> No.28629834

>>28629677
nice can someone also make one of an old 80s board game box that would look neat

>> No.28629933

HERE WE GOOOOOOOO

>> No.28629943

>>28629806
Are we

>> No.28629967

>>28629806
I'm surprised we are percolating around 1.75 for 25min I was expecting it to tumble a bit after 30 seconds

>> No.28629999

>>28610091
New thread
>>28629974
>>28629974

>> No.28630314

>>28628720
I just moved my savings lol yolo

>> No.28630430

>>28615554
yeah I'm hoping to get there too, kind of want it to stay under $2 for one more week

>> No.28630561

>>28616635
iktf

>> No.28630694
File: 54 KB, 185x121, 84351984148.png [View same] [iqdb] [saucenao] [google] [report]
28630694

>>28629671
You will actually get a tad bit more rewards if you have atleast one transaction per day.
465.390228 this will be your yearly reward without those transactions
474.172054 if you send or receive atleast once per day
Sauce: https://algoexplorer.io/rewards-calculator

>> No.28630730

>>28625061
>tfw a duck
Comfy

>> No.28630933

>>28627175
Based smart poorfagget

>> No.28631018
File: 1.13 MB, 327x251, LameReadyJavalina-small.gif [View same] [iqdb] [saucenao] [google] [report]
28631018

Were gonna make it bros. Feels good man

>> No.28631100

>>28625061
Bless you anon lmao

>>
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