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29033939 No.29033939 [Reply] [Original] [archived.moe]

ALGORAND GENERAL - #1
>FIRST OFFICIAL ALGO GENERAL EDITION

What is Algorand? - The First Pure Proof Of Stake Blockchain (TRILEMMA SOLVED EDITION)
DYOR: https://www.algorand.com/
(if someone could type up a good description that would help)
https://www.youtube.com/watch?v=NykZ-ZSKkxM&t

Staking rewards ~5000 ALGOS = 1 ALGO A DAY INTEREST
>HOW MANY A DAY ARE YOU GETTING?

ALGONAUT RANKING:
>1 ALGO - ALGOMOEBA
>10 ALGO - ALGOJANNIE
>100 ALGO - ALGOILLEGALALIEN
>1,000 ALGO - ALGOLEGALALIEN
>5,000 ALGO - ALGONAUT
>10,000 ALGO - ALGOSPACECOWBOY
>20,000 ALGO - ALGOLAIKA
>50,000 ALGO- ALGOALDRIN
>100,000 ALGO - ALGOARMSTRONG

Why is algo cool?
Compounding interest + Appreciating Asset = Early Retirement
>basically the most fool proof get rich medium speed scheme in crypto, buy it and hold it and get both appreciation and interest

ALGONAUT SPACE FORCE NEEDS YOUR HELP
MAKE MEMES
TYPE PASTAS
SPREAD THE NEWS
BUY AND HODL

>> No.29034034

>>29033939
Yeah.... I'm thinking we're based

>> No.29034236

>>29033939
I've seen at least 4 "algorand general #1" threads in the last two days. This has to be #5 or #6.
I'm bullish on algo but come on

>> No.29034258

>10,000 ALGO - ALGOSPACECOWBOY
>20,000 ALGO - ALGOLAIKA

i think the highest i can get is algolaika lads..

if i go full bull.. maybe armstrong.

>> No.29034311

>>29034236
yes anon that's me, sorry, this is the first OFFICIAL ONE, I am starting to keep better track now and starting from 1# for posterity sake so i can archive the journey

>> No.29034462

>>29034311
Every algo thread is #1 because algo is #1

>> No.29034647
File: 130 KB, 354x549, 1613588068475.png [View same] [iqdb] [saucenao] [google] [report]
29034647

>>29034462
BASED

>> No.29034858

>Download official algo wallet for maximum apy and send yourself 0 algo transaction for compounding effect. How often depends on amount of algos you hodl. (https://algoexplorer.io/rewards-calculator)

Something like this should be included in the OP. People ask about this in every thread.

>> No.29034901

>>29034858
>>Download official algo wallet for maximum apy and send yourself 0 algo transaction for compounding effect. How often depends on amount of algos you hodl. (https://algoexplorer.io/rewards-calculator)
thank you anon will add!

>> No.29035042

>>29033939
next dip? I wanna get another 100 to be at 500 ALGOs

>> No.29035049

algo wallet is the best.
its the perfect people wallet. with succulent steak.

mom needs $20 for gas for doctors?
no problem. BAM. have some algo steak.

steak tendies tonight good boy points.

thankyou algorand.

>> No.29035187

Algonaut coming thru *honk honk*

>> No.29035369

Can one of you belugas dump?

I wanna aacoomulate more

>> No.29035498

>>29034858
what does this do exactly?

>> No.29035799
File: 3.95 MB, 498x442, shygddt.gif [View same] [iqdb] [saucenao] [google] [report]
29035799

>>29035369
anon this is the dip

>>29035498
pays you compound interest, it will get paid at the end of the day i wouldn't worry too hard about it

>> No.29035911

>>29035799
and if i dont send myself this 0 transaction then what happens to my interest, it just compounds monthly or something?

>> No.29036073

>>29035911
in the wallet i get paid every second so i do believe it is compounded every transaction i would assume?

>> No.29036184

Umm sweaties? Isn't this shit going to be worthless if they give their coins away for free?

>> No.29036344

>>29036073
that seems like an incredible flaw

>> No.29036390

>>29036073
yes.

also it is convenient cause can save algo adresses, if you have coinbase normies in rl. like senpai or friends.
can save their addresses and send them steak if they need..

shit like that is convenient...

i can send my lil bro across the country algos, and he can have money in his bank in a few days. for the price of 0.002 algo.

>> No.29036430

>>29036184
They can only give another 7 billion away for free sweety. When this replaces eth this coin will moon to $40.

>> No.29036578

>>29033939
Algonaut reporting in

>> No.29036615

sirs where to buy ?

>> No.29036681

>>29036615
Coinbase

>> No.29036928

>>29036615
>>29036681
bought mine on goybase but make sure you buy on Pro then transfer to regular coinbase because pro does not let you earn interest

>> No.29037012

>>29036681
False. Buy on binance.us
The fees are substantially lower

>> No.29037272

>>29036928
>>29037012
Buy on binance then. I am lazy and moved it from cb to the algo wallet for staking.

>> No.29037278

>>29036390
I never want to send friends crypto and can't see myself ever using it like that even if it's instant. All because of taxes. I feel such a huge burden every time I move crypto around and dread tax time. What a nightmare. Could be the single biggest reason cyrpto will be held back.

>> No.29037337

>>29033939
ALL IN
ALL GO
ALGO
We are ALGOnna Make It

>> No.29037395

>>29037337
>ALGOnna make it
I like this

>> No.29037616

this coin is seriously stupid it's not made for plebs it's just shit

look at their website and read it and tell me why the fuck you would even put a single cent into this garbage probably the worst "investment" you could possibly make in crypto at this time when the entire supply is owned and manipulated by mega whales who got it for almost nothing

>> No.29037678

>>29037337
We are ALGOnna Make It

>> No.29037811

>>29037616
>zero worthwhile fud
got a /comfy/ buy at .23 just gitgud faggit

>> No.29038062

>>29037616
>be whale, dump coin 10x profit
>done with it 10x gains
>go home

>be whale keep coins, earn interest on the inflated value of the appreciating asset
>principal investment doubles every 10 years with all interest paid retroactively

>> No.29038121

>>29035799
Many more consistent and moderate dips to come, this is just the lowest one.

>> No.29038447

>>29038062
wouldn't the prinicpal investment double quicker if the price of ALGO has gone up? If the interest is calculated in say 6% of ALGOs but you bought ALGO at $.32 and now its $2 seems like you'd double your principal quicker

Just like buying a dividend stock at $10 and it goes to $20 and increases its divvy, even if its $20 you bought x amount of shares at $10 and they have the new divvy tied to the $20 price

>> No.29038622
File: 272 KB, 1012x672, comingthrough234230.png [View same] [iqdb] [saucenao] [google] [report]
29038622

honk honk me and my Algos coming through

>> No.29038681

We are ALGOnna make it

>> No.29038823

>>29037337
Where we go one we ALGO.

>> No.29038852

>>29038681
good one, ALGO buy some more right now

>> No.29039102
File: 1.81 MB, 3472x2724, algobreaddin.jpg [View same] [iqdb] [saucenao] [google] [report]
29039102

>>29038622

>> No.29039425
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29039425

AHHHHHHHHHHHHHHHHHHHHHH WHY IS IT CRABBING STILL WHAT HAPPENED TO THE CRYPTO BULLRUN AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>> No.29039567

>>29039425
its simple. it dips every time I buy. ill warn you guys next time

>> No.29039734

>>29039567
buy plz i want to buy more at a discount

>> No.29039770
File: 105 KB, 1460x682, booba.png [View same] [iqdb] [saucenao] [google] [report]
29039770

>>29033939
>>29039425
>>29039567
>>29039734

>> No.29040010

>>29039770
i eat crayons explain what mean

>> No.29040077

>>29040010
it looks like boobs

>> No.29040113
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29040113

>>29039770
do i see a nipple?

>> No.29040167
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29040167

>>29039770
>>29040113

>> No.29040168

>>29040010
see booba
buy booba
>>29040077
checked and boobapilled

>> No.29040211

>>29039770
Heyyyy, thats the golden arches!!! Get mcfucked!!!

>> No.29040721

>>29040211
AAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

>> No.29040788

>>29038447
Exactly, this is ALGOchad's true power.

>> No.29041063

>>29039770
>completely ignores the walls in the depth chart that will hold up the price

>> No.29041131

>>29041063
if i didnt ignore, then you wouldn't have seen the booba

>> No.29041293

I hold over 600 of the bad boys they're my favorite hold. But lookin at the charts, I don't feel so good bros, it's been down trending a little more each time for a while... Tell me it isn't so

>> No.29041916

>>29033939
OP please go over staking for a smooth brain.
Downloaded ALGO wallet. What now please.
Algonaut out.

>> No.29041983

>>29041916
step 1 put it in ur algo wallet
>???????????????????
PROFIT

>> No.29041987

>>29041916
Put algo in wallet, hold onto said algo, rewards happen. Literally thats all man

>> No.29042117

>>29041916
you put algo in your wallet, you start earning interest on your algo

>> No.29042161

Looking to become an ALGOSPACECOWBOY on the next dip

>> No.29042464

>>29037012
The algo fees are pretty low on Coinbase pro too. Not as low at binance tho

>> No.29042532

>>29037811
Me too but also been accumulating as high as 1.45 :/. No doubt still a good buy at that price.

>> No.29043767
File: 28 KB, 461x545, 6lasbfeiuxp51.jpg [View same] [iqdb] [saucenao] [google] [report]
29043767

?

>> No.29043828

>>29043767
youre in on the wrong coin, ching ming

>> No.29044174

Bump

>> No.29044239
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29044239

>>29033939
OP's image is cringe, but very based coin.

>> No.29044281

>>29044239
this isnt a coomer coin

>> No.29044588
File: 190 KB, 800x620, 1612856630104.png [View same] [iqdb] [saucenao] [google] [report]
29044588

>>29044281
yeah, no, its a real product. but it's not an autistic coin like chainlin either.

>> No.29045079
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29045079

>>29044239

>> No.29045148
File: 1.29 MB, 1464x1090, bluealgonauts.png [View same] [iqdb] [saucenao] [google] [report]
29045148

>>29039102

>> No.29045201

>>29045079
much better.

>> No.29045238

>>29036184
you now click the "receive" button on your App and copy the Wallet Code. Now go to Coinbase, binance, kraken or whatever; click withdraw and send your algo to the Wallet Adress

>> No.29045374

So you're telling my you are still going to be holding this when the bull ends and the whole market crashes for muh staking?

>> No.29045398

Is the apy for the algo wallet any difference that the one on coinbase? I' just holding there at 6%

>> No.29045498
File: 236 KB, 771x606, 1613140326131.png [View same] [iqdb] [saucenao] [google] [report]
29045498

I'm fine that Algo is so stable.

>> No.29045672

>>29045238
it's very simple. Just did it, will be investing in it monthly.

>> No.29045680
File: 148 KB, 737x720, 1539331561579.jpg [View same] [iqdb] [saucenao] [google] [report]
29045680

>>29033939
I have 28 algo and I'm a newfag
Fellow American algomen
What the fuck are taxes on cryto you recieved for free?
Because most of the above algo was just converting free coinbase cryto to algo and then like $6 cash

>> No.29045795

Hows it feel knowing you'll all be the 21 century boomers? You will be able to buy houses or whatever else you want. Don't fuck it up like they did. Have children, raise them right, multiply and grow. Love you all

>> No.29045913

>>29045795
I feel like I can trust you
Is this better than Fantom?
Seems like less potential with a higher market cap

>> No.29045970

>>29045680
are you preparing for when you inevitably get audited for flipping your $6 into $20M?

>> No.29045977

im losing all my fucking money

>> No.29046045

i bought at 1.58, when do i get my money back?

>> No.29046118
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29046118

>>29045970
How many guns, explosives, and bullets do you need to have invested for that?

>> No.29046233
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29046233

>>29046045
Never. Algo is a stablecoin. We are all financially RUINED(except the for fags who bought at .10c -.20 c ).

>> No.29046241

Does ALGO in binance exchange earn interest? I assume it does, but for binance and not me?

>> No.29046358

Does algo wallet give them the keys? Or do you get to keep the keys?

>> No.29046374

>>29046233
great, set a 1.6 limit, but cause of voyager i can only go half my stack at at time.

>> No.29046708

wait, I have to pay fees to transfer from coinbase to the algo wallet?
REEE

>> No.29046837

>>29046708
0.001 Algo
Are you new or something?
You pay txfees for everything.

>> No.29047095

>>29046708
moron

>> No.29047239

>>29046708
ngmi

>> No.29047415

>>29045374
?

>> No.29047478

>>29033939
Ranks sound retarded. Not buying until this is fixed
>no Algoyim
>no Algolem

>> No.29047536

built my XRP bag enough, I have started to accoom ALGO. ISO20022 BROTHERS WE WILL PREVAIL. BLESS THE BAKER.

>> No.29047579

>>29047478
kek anon i will fix for general #2

which one o those are you

ALGLOWIE

>> No.29047627

>>29047478
Based

>> No.29047676
File: 79 KB, 500x749, 1613392207454.jpg [View same] [iqdb] [saucenao] [google] [report]
29047676

>>29045977
All of us are.

It seems Algo's only use case in real life is to turn profit into vapours.

>> No.29048041

>>29045913
I'm both kek, my two main holds are algo and fantom. my logic is that fantom is going to rule the east and algo the west, specifically the banks and financial institutions. fantom probably has faaaaaaat treated potential return... but you know, hedging bets and all that. algo I know at least won't financial devistate me if I'm wrong like fantom could lol

>> No.29048141

That Italian pasta muncher has conned me out of my life savings with this coin. I want my money back Silvio!!

>> No.29048461
File: 98 KB, 475x407, 1612518884761.jpg [View same] [iqdb] [saucenao] [google] [report]
29048461

it should start flying any minute now

>> No.29048523

> 1 Algocommoner
> 100 Algowarrior
> 500 Algohero
> 1000 Algoknight
> 5000 Algolord
> 10000 Algobaron
> 50000 Algocount
> 100000 Algoduke

>> No.29048606
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29048606

>>29046837
>Are you new or something?
sometimes they are new, and just don't understand yet. that's why this is an /algogeneral/ anon

>> No.29048720

so is alt season over? see you in 2025 laddingtons, we might break $2 then

>> No.29048753
File: 17 KB, 666x443, C909B30B-F424-4202-BD81-9DC792544394.jpg [View same] [iqdb] [saucenao] [google] [report]
29048753

>>29048523
ALGO hero here

>> No.29049111
File: 918 KB, 997x746, 1613600438632.png [View same] [iqdb] [saucenao] [google] [report]
29049111

All the phones are ringing off the hook and they're all saying the same thing! Were gonna make it frens!

>> No.29049150

>>29045374
Shill.

>> No.29049830
File: 88 KB, 730x783, 8631675123.jpg [View same] [iqdb] [saucenao] [google] [report]
29049830

>>29048523
Soon-to-be Algolord reporting

>> No.29050421
File: 24 KB, 663x627, 1603345964175.jpg [View same] [iqdb] [saucenao] [google] [report]
29050421

ITS DUMPING NOOOOOOOOO AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH 1,24$ AHHHHHHHHHHHHHHHHHHH

>> No.29050744

>>29050421
kek anon u got me i got excited and was so ready to take out a mortgage lol

>> No.29050919

What's going on with this one. Price isn't moving a t all. I'm waiting for any movement at this point. Dump, rise, I don't care.

>> No.29051106

>>29050919
hes dead, jim

>> No.29051599

>>29051106
Just a boring day in the markets. Hope we see a dump tonight, Can buy back 12K in the 1.2 range. Wouldn't mind more crabbing, can accumulate before news comes out....any day now

>> No.29052661
File: 48 KB, 460x457, 1613592886861.jpg [View same] [iqdb] [saucenao] [google] [report]
29052661

bamp

>> No.29052698

>>29049150
No I'm curious

>> No.29053130
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29053130

>> No.29053215
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29053215

>> No.29053335
File: 59 KB, 635x346, algo-italia-2.jpg [View same] [iqdb] [saucenao] [google] [report]
29053335

>> No.29053380

>>29038447
the whales didn't get it for .32 they got it for a penny or less then they are giving hundreds of millions more in the form of "grants" while you buy bags at an inflated price

>> No.29053717

>>29053380
are you dumb sir? the ICO price was 3.20 and they had to give refunds, the cheapest this was around .32

>> No.29054276

>>29048523
kek

>> No.29054514
File: 152 KB, 1035x666, iykyk.jpg [View same] [iqdb] [saucenao] [google] [report]
29054514

>> No.29054527

>>29045148
>I AM CONSTANT AS THE NORTHERN STAR

>> No.29054955
File: 168 KB, 800x620, algochadsinspace.jpg [View same] [iqdb] [saucenao] [google] [report]
29054955

>>29033939
It's too late to join the Space Force for this cycle, only OG Algonauts will make it. My brother here explains it for the hood:
https://youtu.be/1RJQ-PV-4mk?t=98

jk. You're here for the long run... put your suicide stack in now.

>> No.29055172
File: 60 KB, 750x1334, 1nhedc.jpg [View same] [iqdb] [saucenao] [google] [report]
29055172

Please dump back to 1.15 so I can buy back in...

>> No.29055551

>>29037278
Your irrational fear is the biggest barrier to your own personal success. Stop sabotaging yourself and being a cowardice luddite.

>> No.29055584

>>29039567
are you me?

>> No.29056202

>>29045374
100%
That's when the real buying happens.

>> No.29056407

>>29045398
Lurk for literally 5 minutes and you'll see a fellow retard asking the same question. Algorand wallet gives upwards of 8% Cuckbase gives 6%

>> No.29056429

How long will the free coins last again? I remember there was a limit but don't remember

>> No.29056818

All these newfags and shills disgust me

>> No.29056908

>>29056429
till 2030 iirc

>> No.29057165

algo is gonna go till 13 dollars screencap this

>> No.29057589
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29057589

$1.41

>> No.29057711
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29057711

We just need some whales igniting this pump

>> No.29057735

>>29055551
I mean, I spent 6 hours a few days ago doing my crypto taxes for 2020. I don't have to LOVE it.

>> No.29057775

>>29045148
mech reporting, would love for this fucking thing to break $2 or even $1.75 already

>> No.29057936

>>29045148
Rocket rider standing by

>> No.29058853

How do I contact the Algorand customer service manager to demand my refund?

>> No.29059322
File: 3.89 MB, 4168x6544, algofats.jpg [View same] [iqdb] [saucenao] [google] [report]
29059322

>>29057936

>> No.29059567
File: 1.07 MB, 1122x837, Screenshot 2021-02-18 140638.png [View same] [iqdb] [saucenao] [google] [report]
29059567

>>29058853
Hello? No refund! No substitution!

>> No.29059619

ALGO was next on my list but pumped too soon. Just got 700 what do now?

>> No.29061364
File: 964 KB, 350x261, 0392454239rtk9r4fm.gif [View same] [iqdb] [saucenao] [google] [report]
29061364

>>29059567
I like the 80s aesthetic on these Algo memes. Maximum comfort/nostalgia.

>> No.29061675
File: 38 KB, 573x730, 1600544002966.jpg [View same] [iqdb] [saucenao] [google] [report]
29061675

>>29059619
Stake and hodl.

>> No.29062062

Just hit 7k thanks to my daily free Algo. Feelsgoodman

>> No.29062226

>>29046241
you can stake it for a month and get something like 8%

>> No.29062295
File: 159 KB, 1600x900, 1613634596213.jpg [View same] [iqdb] [saucenao] [google] [report]
29062295

>>29033939
Why are Algorand memes so comfy, lads?

>> No.29062575
File: 762 KB, 1280x1466, onesie&whitestocking4.png [View same] [iqdb] [saucenao] [google] [report]
29062575

>> No.29062591

I dont think this is dipping below $1.40 ever again Algobros

>> No.29062657
File: 193 KB, 960x502, Algochadz.png [View same] [iqdb] [saucenao] [google] [report]
29062657

>>29033939

>> No.29062771
File: 701 KB, 696x994, 1613580901470.png [View same] [iqdb] [saucenao] [google] [report]
29062771

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>> No.29062784
File: 276 KB, 1600x1200, 1613244834491.jpg [View same] [iqdb] [saucenao] [google] [report]
29062784

>>29049111
Trips of truth, fren

>> No.29062836

>>29033939
Algochads, I have a question.

Could ALGO be a used currency in the future? Let's say ten years.
Could I pay my groceries with it?

>> No.29062885
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29062885

>>29062591
$1.40ish is looking solid, thick and tight now.

>> No.29062931

>>29062836
see
>>29045079

>> No.29063008

>>29062836
you're gonna be buying jets with Algo. Your daily staking rewards will cover the groceries

>> No.29063011

>>29035187
HONK HONK, BEEP BEEP, WOMP WOMP,

>> No.29063286
File: 61 KB, 1465x715, Capture.png [View same] [iqdb] [saucenao] [google] [report]
29063286

>>29062591
>>29062885
what did I say

>> No.29063363

>>29062836
No but it is the life blood of that future currency.

>> No.29063824

>>29062836
Yeah, probably. The Algorand wallet lets you add USDC as an asset. No reason you can't extend yourself a trustline in whatever currency you need to deal in, eventually.

>> No.29063916

>tfw didnt buy GRT

:(

>> No.29064115

>>29041987
can i leave it in coinbase?

>> No.29064148

>>29033939

>40% tax when cashing out

>> No.29064188

>>29063286
Quick. say more bullish things. I want to accumulate more. Please try and get it back to £0.39.

>> No.29065269

>>29064115
I don't think you can stake it on Coinbase. They also take a cut when you stake a coin. Only reason to leave it on CB is if you're swing trading. Otherwise let it make gains just for sitting. I use the Algo wallet like anon you're responding to.

>> No.29065360

>>29054955
He's got good analysis and is very level headed he just isn't factoring in the March news and what a nuclear strike handling CC and bank transactions as a ISO 20022 SEC backed crypto will be. Being the home of stable coins and all that transaction money as more and more money flashes into crypto is the icing on the cake. We can and should be top 10 and put ETH to sleep.

>> No.29065660

>>29064115
You can and get 6%, but get the Algo Wallet; you get 8%.

>> No.29065889

>>29065660
I don't use CB so thanks for clarifying

>> No.29066383
File: 271 KB, 705x706, 1585608672688.png [View same] [iqdb] [saucenao] [google] [report]
29066383

>>29054955
WHEN DOES THE WHITE GUY IN THE THUMBNAIL START TALKING

>> No.29067488
File: 273 KB, 1010x675, 4536542657.png [View same] [iqdb] [saucenao] [google] [report]
29067488

Hop in boys let's cruise through $1.45

>> No.29067760
File: 42 KB, 400x600, 1591457748460.jpg [View same] [iqdb] [saucenao] [google] [report]
29067760

New to crypto and only have GRT, is it worth diversifying my portfolio with some ALGO?

Where do you guys see the EOY?

>> No.29067786

It's pumping finally.

>> No.29068065

aight mayne, hit the boost

>> No.29068229

>>29067760
$5-10, it’s a long play

>> No.29068382

Have XRP schizos just migrated to Algo?

>> No.29068403

>>29068065
hit the boost kid

>> No.29068476
File: 46 KB, 480x479, 172-madison-avenue-kfa-32-1560878194.jpg [View same] [iqdb] [saucenao] [google] [report]
29068476

where will the algopalace be when the moon mission succeeds? What will the entry fee for algonians to enter? 100 ALGO? 250 ALGO?

>> No.29068938
File: 295 KB, 718x737, Ag546746735631.png [View same] [iqdb] [saucenao] [google] [report]
29068938

good omens all around us

>> No.29069102
File: 34 KB, 750x662, 1613500369351.jpg [View same] [iqdb] [saucenao] [google] [report]
29069102

>>29068938
>to the MOOON

>> No.29069169

>>29034311
Posting in epic bread as I accumulate .000457 Algo while typing this message.

>> No.29069235

>>29068476
it will be grand. so grand.

>> No.29069500

genuine question, I’ve seen the interest comes from the ‘algorand foundation’ and they have the coins for 10 years. But where does the apy come from after they run out in 2030?

>> No.29069808

>>29069500
my guess is they will have to incentivize staking in some manner, could be a traditional steak system etc not sure yet

>> No.29070047

>>29036928
Might as well make a free native wallet and send it there instead, because Coinbase takes a percent of your APY as commission.

>> No.29070142
File: 125 KB, 1000x736, ljfklaw8347.jpg [View same] [iqdb] [saucenao] [google] [report]
29070142

>>29068476
>>29068476
On a mountain top. Somewhere cold to discourage scum. The entry fee will be the tears of shitcoin holders and a bit of interest from your stack.

>> No.29070285

>>29068938
okay im dumping

>> No.29070429

>>29069500
I thought the apy last only until 2030, then thats that. But maybe im just retarted

>> No.29070670

>>29069500
It's going to end by 2030, yes. It's basically an early adopter reward

>> No.29071189

>>29045680
>What the fuck are taxes on cryto you recieved for free?
If they're free and you've profited from the rise of their value, you have to pay capital gains taxes or the IRS will butt fuck you. Also, converting one coin to another is a taxable event as well. Whatever profit you made minus the cost of the coin (if it's free then you pay the full capital gains on the coin)

>> No.29071227

>>29065360
Listening to a nigger. Ngmi

>> No.29071337

https://www.youtube.com/watch?v=3C3d0x8rWzA

daddy Algorand gave us a new informative video!

>> No.29071413

Show me the way

>> No.29071849

>>29071189
>converting one coin to another is a taxable event as well.
This is why I only buy what I will never sell and don't convert anything.
Hopefully this changes, but either way, it's not worth keeping track of gambling on shit coins and buying and selling when you can just get comfy.

>> No.29072329

bros why does the algorand twitter bio say its a pure piece of shit

>> No.29072526

Newfag here of 3 weeks. I have seen that most alt coins follow Eth increases on the daily basis. Why aren't they increasing now since ETH is basically ATH now?

People waiting for a small BTC dip, or what?

>> No.29072548

>>29072329
sir please do the needful and fully purify your shit before posting it

ALGOnauts have the highest purity POS on the market

>> No.29072610

>>29036184
They don’t give them away pleb. It’s called staking and it encourages people to Hold.
Look up what the actual crypto does before asking stupid pajeet questions

>> No.29072692
File: 75 KB, 434x600, 1245276D-4007-46ED-BBAF-D9E1A8B4AE6F.png [View same] [iqdb] [saucenao] [google] [report]
29072692

>>29037616
Well your right about one thing.
It’s not made for plebs like you.

>> No.29072867

>>29045970
Wont happen if you ran it through your C Corp pleb.
Learn a little about finance first.

>> No.29072953

>>29048523
AlgoBaron reporting in

>> No.29072993

Did Algo dump yet? I got out of this shitcoin a few hours ago.

>> No.29073314

margin long here

>> No.29073389

>>29072548
kek, currently all in on another coin but when I get paid I'll buy some algo bc of your post sir
usually like to buy something with a bit more FUD surrounding it but i will make the exception

>> No.29073409
File: 770 KB, 829x826, 1613589495276.png [View same] [iqdb] [saucenao] [google] [report]
29073409

>>29072993
NGMI WERE POOOMPING

>>29073314
baste

>> No.29073509
File: 128 KB, 1280x720, welcometotheinvestorscenter.jpg [View same] [iqdb] [saucenao] [google] [report]
29073509

>>29073389
welcome to the investors center

>>29072692
kek

>> No.29073543

>>29073409
>NGMI WERE POOOMPING
Its at less than I sold it for.
Glad I got out, made 10% on IOTA already.

>> No.29073653

This coin is the future

>> No.29073688

>>29073543
swingers get the rope

>> No.29074096

I have $300 to spend. should I buy LINK or ALGO. shill me your shitcoins

>> No.29074150

someone post the ALG/ETH comparison chart with speed/price/etc, pls

>> No.29074182
File: 254 KB, 1000x800, Algorand network architecture.png [View same] [iqdb] [saucenao] [google] [report]
29074182

>>29048523
Algoduke reporting in

>>29049111
I love this meme, and those trips.

>> No.29074327

scam coin

>> No.29074421

>>29053717
Algorand foundation guarantees anyone, who participates in coin offering 90% cash return.

>> No.29074571

>>29074096
ALGO project looks more professional. And you can catch it still under $2.

>> No.29074913

>>29074096
none of them

>> No.29075006

>>29074096
LINK will moon way later. Buy ALGO and after the pump think if you want LINK.

>> No.29075165

>>29075006
thx, I went with ALGO because it looks like it has more room to moon, but I'm generally bullish on LINK long term

>> No.29075211

>>29033939
Can this hit $5?

>> No.29075517

>>29069500
Exactly from the same source, from which Bitcoin miners were supposed to earn from. From fees. In 10 years, when this network scales to billions of tx/s, they will generate enough Algo tokens for the rewards.

>> No.29075567

>>29068382
No just a shill force.

>> No.29075751

>>29075211
no

>> No.29076152

>>29075165
I was buying LINK at 30c and I have to admit, that I've got exactly the same vibes about Algo, as I had about LINK back in 2018. This time though it's bullrun, so this coin can start a moon mission literally at any moment.

>>29075211
I've got 100k of these coins, and I'm not willing to sell below $10. This board hasn't even grasped 10% of what this coin actually is. I can't start shilling yet, as I'm not done accumulating. I need few more days.

>> No.29076159

>>29075211
how does 15$ sound

>> No.29076326

>>29076152
>>29076159
When will it pump? Opportunity cost is enormous

>> No.29076362

>>29076152
Exactly. No one buy this until I've bought enough to retire after the mooning

>> No.29076425

>>29075211
Easily, max supply is 10billion, thats a $50b MC and itll take upwards of 10 years to fully dilute.

>> No.29076426

>>29076326
they keep inflating it on purpose, trust the plan I guess. I'm not a finance guy but I figure these jews have a plan

>> No.29076566

>>29076426
It’s not a pump, the quality is the back end. Maybe in 10 years if it ends up being used by visa for settlement. As an smg boomer it’s by far my fav crypto though

>> No.29076573

>>29068382
despite the butthurt fags who will deny it and claim the contrary, a huge portion of OG algo holders are xrp schizos, because we know the importance of the ISO20022 coin panoply.

in other news, the gamestop hearing today spent a more than ignoble amount of time discussing the slowness of the DTCC and the slowness of legacy systems in general, and how blockchain system are much quicker.
reminds me of how ALGO coauthored a paper with ISDA, it will be interesting to see which chains integrate the tokenization of securities, and I think ALGO is definitely a contender

>> No.29076666

>>29045498
Algo. Stable. Kek

>> No.29076670

>>29074327
Seethe more

>> No.29076796

>>29072993
> goes up 200% in a month
> goes down 20%
> FUCK THIS SCAM
ZOOMERS GET THE ROPE ALGO IS THE FUTURE

>> No.29076797

>>29053717
.23

>> No.29076807

>>29076326
it already poomped to 1,80 just wait for next poomp and buy inbetween

>> No.29076831

>>29071189
Zoom out

>> No.29076958

What are the advantages Algo has compared to DOT or ADA? I'm staking some DOT atm but price is to high for buying more.

>> No.29077502

>>29076326
Nobody really knows. Back at 70c there was supposed to be a cup and handle formation, but Algorand decided to go straight to $1.8. TA is very unreliable. I only like to look at crypto from a macro scale, like Bitcoin's logarithmic growth curve indicator, or 200 WMA heatmap. It will pump, when the market realize how valuable this project is.

>>29076958
I'm 60% in Dot and 40% in Algo, because of the unbounding process that will take few more days to wear off. Polkadot is a solid project, but it's already in top 10, so there isn't much room for it to grow. Well It's going to rise soon when parachains will be released, and after which it will be listed on coinbase (they don't list coins, that are unfinished), so I'll keep like 30% in DOT, and 70% in Algorand. On the other hand Cardano is an utter shitcoin. Charles is a conman. There is plenty of info in the web, that support this claim.

>> No.29078937

BASED

>> No.29079053

>>29038823
okay this is based

>> No.29079519
File: 539 KB, 1125x1014, 1601829026145.png [View same] [iqdb] [saucenao] [google] [report]
29079519

ALGO GO UP
ALGO GO UP

ONLY GO DOWN WHEN COLD
COLD ENDS SOON

ALGO GO UP

>> No.29079679
File: 148 KB, 1200x1254, 1589660443871.jpg [View same] [iqdb] [saucenao] [google] [report]
29079679

>>29079519

>> No.29079857
File: 2.13 MB, 1024x768, ALGOSAURS.png [View same] [iqdb] [saucenao] [google] [report]
29079857

>>29079519
>>29079679
Based schizo Algoshamans

>> No.29080033
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29080033

>>29079679
>>29079519
So we can all have this straight from thread one.
We are right in the midway point between two historic eclipses that criss-cross the USA, crossing each other in Garden of the Gods.
This is the seven years of tribulation.
wagmi

>> No.29080047
File: 42 KB, 400x400, AlgoRAND.jpg [View same] [iqdb] [saucenao] [google] [report]
29080047

I only have 110 Algo rand but plan on buying more next week. Imma store in my AlgoRand locker

>> No.29080489
File: 1.80 MB, 2123x3000, kali yuga.png [View same] [iqdb] [saucenao] [google] [report]
29080489

>>29080033
33'rd and recognized

>> No.29080630
File: 297 KB, 750x986, 745C4149-8781-4BB9-833C-72214917F5B0.jpg [View same] [iqdb] [saucenao] [google] [report]
29080630

Obligatory Silvio bio pic

>> No.29080634

>>29080510
>up to
>test environment

>> No.29080904

>>29080630
daddy

>> No.29080930
File: 60 KB, 614x919, 1613481917477.jpg [View same] [iqdb] [saucenao] [google] [report]
29080930

guys there really needs to be some schizo theories and DD posted in here. I have no idea what ALGO does but the higher the schizo levels the more faith I have

>> No.29081038
File: 389 KB, 750x986, Silvio.png [View same] [iqdb] [saucenao] [google] [report]
29081038

>>29080630
Updated bio pic

>> No.29081110

>>29080047
based algofat

>> No.29081185
File: 377 KB, 793x561, Screenshot from 2021-02-18 23-20-44.png [View same] [iqdb] [saucenao] [google] [report]
29081185

>>29080630
>CEO writes technical articles
ok this is based
https://algorandcom.cdn.prismic.io/algorandcom/e9797285-04fd-4460-9a75-dba7e6f9c313_Co-Chain_04022020.pdf

>> No.29082492

tell me how algo is not a literal ponzi scheme

>> No.29082889

>>29082492
I wont. Don't buy it.

>> No.29082967

>>29080630
That's the face of a moneymaker

>> No.29083042

>>29079679
Not buying raven then. Maybe Diet Shasta.

>> No.29083158
File: 9 KB, 423x295, 3M USD to get to 150.png [View same] [iqdb] [saucenao] [google] [report]
29083158

>$3M USD between 1.45-1.50
holy shit, that would need like 5-10% of the daily volume. We're going to be crabbing here for a while

>> No.29083514
File: 38 KB, 568x913, algorand.png [View same] [iqdb] [saucenao] [google] [report]
29083514

>>29080930
We will have to of course collect dots.

The two that stands out to me are "Life And Death" and the fact that "To Hell" is the only one that matches in all three Gematrias

>> No.29083586

>>29083514
>"To Hell" is the only one that matches in all three Gematrias
oh...

>> No.29083660
File: 53 KB, 560x588, glow in the dark coin.jpg [View same] [iqdb] [saucenao] [google] [report]
29083660

>>29082492
It's a glow in the dark coin

>> No.29084003

>>29083514
Gates to use Algo to distribute vaccines confirmed

>> No.29084400
File: 43 KB, 627x938, algo.png [View same] [iqdb] [saucenao] [google] [report]
29084400

I don't really see anything on this one, but if we are going to make some connections, you never know where they will come from.

Also I'm bumping because issue #1 should get to 300 replies to set the tone.

>> No.29084404

>>29041131
lol didn't notice until I checked again now

>> No.29084592

I'm dropping 1k into either Algo or Grt, leaning towards Algo. Should I do it now, or wait a bit?

>> No.29084651

>>29084592
do it, put it in your algo wallet and watch the algo pile up

>> No.29084814

>>29084592
I don't think you'll see much of a dip in either, and they both have promising futures. I'm more in on algo but some grt

>> No.29084910

>>29061364
It's a coin designed with 80s energy, think about it.
>Big corporation assembles a team of award winning top level talent to develop next gen coin
>Focus on pushing the limits of tech while being aesthetic as fuck
Its got 80s mentality written all over it and that's what makes it based. This coin will make the 2020's feel like the 80s once it lifts off. $2 EOW, $10 end of March

>> No.29084927
File: 7 KB, 225x225, comfy.jpg [View same] [iqdb] [saucenao] [google] [report]
29084927

>savings acct average APY .25-.6%
>Algo APY 7%
as of now, i've moved my savings to algo.
the price of algo would have to drop below 3 cents for my savings acct to net me more money.

>> No.29085003

>>29084592
algo is positioned to be more of a long term hodl.

>> No.29085068

>>29084927
thats a mathematical impossibility

>> No.29085155

>>29085068
>>29084927
somebody post proofs
im a fan of math

>> No.29085227

>>29084927
lol you're ignoring the fact that you would lose a substantial amount on the principal.........

>> No.29085336

>>29072953
Halfway on becoming a count myself

>> No.29085360

>>29084927
I think this holds true only if it doesn't drop below the price you bought in at by a certain %

>> No.29085514
File: 516 KB, 1275x1744, image0-4.jpg [View same] [iqdb] [saucenao] [google] [report]
29085514

FUCK XSG

>> No.29085556
File: 582 KB, 220x165, tenor (4).gif [View same] [iqdb] [saucenao] [google] [report]
29085556

>>29033939
>ALGORAND

>> No.29085797

>>29085227
The rich don’t live on principal

>> No.29086424
File: 2 KB, 438x54, algop.png [View same] [iqdb] [saucenao] [google] [report]
29086424

>>29085360
i think im good anon.

>> No.29086868

Am I wrong to be incredibly confident in this just from my experience sending Algos?
The first ETH transaction I send terrified me and had ridiculous fees, while using the Algorand wallet was beautifully simple, quick and cheap.
Im dont have much experience with other coins, are they even close to being as good?

>> No.29086879

>>29086424
Well done anon I love to see it

>> No.29087022

>>29086868
Algo wallet by far is the best GUI experience in crypto

>> No.29087036

>>29086868
I'd recommend monitoring relative network traffic to confirm it's not a red herring, but my thoughts are yes, ALGO shits on ETH.

>> No.29087056

Dead coin.

>> No.29087248

They need to make a desktop Algo wallet. I only have bluestacks and I don't trust it enough to keep my money on there.

>> No.29087286

>>29086868
I just sent Algos and it felt almost instant. I'm STILL waiting on a Bitcoin transfer to finish from Monday.

>> No.29087345

hahahahaha this thing just knows one direction and thats down down down down down

>> No.29087560

I'm excited for the bear market. Imagine stacking these things and collecting APY all the way.

>> No.29087655

I already calculated my passive income and decided I'll probably hold algo till at least 2030.

>> No.29088241

>>29083660
Ive heard of the glowinggers know memes about this coin but i dont get it. what glow in the dark agency is this coin affiliated with?

>> No.29088535

>>29048523
Algolord reporting in. Someone with photoshop skills should make a decent chart to go with this.

>> No.29088840

>>29087248
I believe they have one on their website

>> No.29089063
File: 262 KB, 956x521, crab.png [View same] [iqdb] [saucenao] [google] [report]
29089063

>another day of crabbing around 1.4

>> No.29089226

>>29089063
id rather crab than the wild swings going on right now with other coins.

>> No.29089694

OP you lying pos we have had better ALGO Generals than this crap. No useful links.

>>28857541

>> No.29089852

Bought in at 30 cents, took out initial around 1.20 and STILL am an algolaika

>> No.29089921

>>29033939
Sup algochads, I bought in at 1.40 today. Is this thing going back to $1.15 before liftoff or did I make a good purchase?

>> No.29090275

>>29089921
I keep saying anything under $2 is a good buy, hope I’m right

>> No.29090285
File: 19 KB, 614x342, 1612834912384.jpg [View same] [iqdb] [saucenao] [google] [report]
29090285

the GRT and Algo charts are extremely similar

>> No.29090384

>>29090285
i noticed this the first day GRT pumped as well. Algo was right behind it, and when GRT dumped, Algo followed right along. If I was smart and not afraid to lose Algos I would try and use GRT as the lead to swing, but I'm a coward who loves his precious Algos

>> No.29090444

How many ALGOS does everyone have

>502

>> No.29090513
File: 12 KB, 332x395, bkst0bh965901.jpg [View same] [iqdb] [saucenao] [google] [report]
29090513

>>29090384
I for one could never part with my precious babies....
>>29090444
881

>> No.29090603

>>29087056
Maybe a kick to the algonads would change your mind

>> No.29090615

>>29090444
5000 so i can print at least one a day more or less
ill add more if it goes low in a bear market but for some reason i feel like algo is going to do well in a bear market due to what its gonna be used for

>> No.29090725
File: 55 KB, 600x600, 1611804081224.jpg [View same] [iqdb] [saucenao] [google] [report]
29090725

1.38 to 1.41 purgatory

>> No.29090748

>>29090444
15k. makes almost 3 steaks a day.
or around 3.

>> No.29090833
File: 1.87 MB, 1000x1500, D89D40D5-B8CE-42C7-8769-DD0ECDE11ADD.png [View same] [iqdb] [saucenao] [google] [report]
29090833

>>29090444
just checked. Oh shit

>> No.29090836

Alright, so I've taken some stupid notes on this project.


>Algorand is a technology company. Duh.
>Algorand enables Defi solutions.
>The project aims to work with minimum transaction fees.
>It aims to attract top business into Defi projects.
>The project has a solid and legitime team.
>The project was founded in 2017 by Silvio Micali (MIT).
>The project’s coin (ALGO) can be staked.
>The project has user-friendly tutorials for developers.
>The project has been used by Circle (USDC-Goldman Sanch)
>USDC is being audited monthly.
>The project has a diverse group of partners, but no big companies are listed there yet.
>The project built an open, permissionless, proof-of-stake blockchain protocol.
>The project is not depended on forking.
>The project claims to provide Security, Scalability and Decentralization.
>Smart contracts: Defi Solutions and Dapps that can scale to billions of users, tens of millions of daily transactions, with negligible transaction fees. (From the website)
>ASA: Algorand Standard Assets are standard blockchain assets with customizable options, directly in Layer-1. (From the website) [I need to do more research on this one]
>Atomic Transfers: Secure transfers and immediate transactions settlement for multiparty transactions built in Layer-1. (From the website) [I need to do more research on this one]
>The project claims to solve the blockchain trilemma.
>The project aims to enable enterprise to embrace decentralized finance.
>The project is open source.

What other Key and objective points am I missing? Also what weakness have you found in this project?

>> No.29090840

>>29090444
3300

>> No.29090900
File: 1.42 MB, 1016x816, isworking.png [View same] [iqdb] [saucenao] [google] [report]
29090900

>>29090833
checked

>> No.29090961

>>29090900
>>29090833
>>29090444
I feel it in the air tonight vros

>> No.29091011
File: 18 KB, 445x245, A5DD0666-8B82-45FC-9E8F-316970D627D2.jpg [View same] [iqdb] [saucenao] [google] [report]
29091011

>>29090900
Checked

>> No.29091033
File: 186 KB, 1079x631, 5D164FA8-569C-4A30-A1C5-E52A5CA97BD9.jpg [View same] [iqdb] [saucenao] [google] [report]
29091033

>>29090833
444 typing it cause I BELIEVE

>> No.29091074
File: 11 KB, 236x338, c48ebb855c9f68ba1e6acf1b86d8971e--hugo-boss-men-in-uniform.jpg [View same] [iqdb] [saucenao] [google] [report]
29091074

>>29083514
No fuck off
No gematrix
Strongs concordance or gtfo
From highest authority
Or these threads will be shut down permanently.
3168
888
24
1
The t.s. and shills from a failed raid are now in algo threads.

This is why i left ops in xsg
Refrain from diversion of stated facts and evidence or consequences may be severe in long run.

Only warning

Those
Who
Know
Know

First
Thread
Call sign


"Glowies know" anon
Solid cat.

>> No.29091077

>>29091011

Checked

>> No.29091161
File: 40 KB, 1125x699, algochad.jpg [View same] [iqdb] [saucenao] [google] [report]
29091161

Algochad reporting in

>> No.29091184

holy crap. something is happening.>>29091077
>>29091033
>>29091011

>> No.29091247

>>29090833
>oppurtunity

>> No.29091298
File: 331 KB, 245x250, 1609385773823.gif [View same] [iqdb] [saucenao] [google] [report]
29091298

>> No.29091411
File: 691 KB, 547x546, E9428BFB-D310-4F21-9D34-5F0BBCC14287.png [View same] [iqdb] [saucenao] [google] [report]
29091411

>>29091184
Do you feel it anon?

>> No.29091475

>>29090836
The only weaknesses is its strength. Its stability. It will not moon overnight. But I can be sure it will go up, slowly but surely.

>> No.29091524

>>29091074
>>29083514
based

>> No.29091532
File: 112 KB, 793x898, ZUCCED.png [View same] [iqdb] [saucenao] [google] [report]
29091532

>>29090836
facebook wanted to buy algorand

>> No.29091537
File: 35 KB, 640x646, 1611602328776.jpg [View same] [iqdb] [saucenao] [google] [report]
29091537

>>29091161
I've made more holding this token less than a week in my wallet

>> No.29091691
File: 201 KB, 292x296, waroreo.png [View same] [iqdb] [saucenao] [google] [report]
29091691

Discount incoming?

>> No.29091695

>>29075006
sell algo at pump then buy link?

>> No.29091925

Reeeeeeeee...Paper handed bug people.

>> No.29091982
File: 164 KB, 773x1000, five-dollars-by-dawn.jpg [View same] [iqdb] [saucenao] [google] [report]
29091982

CHECK ME

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