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29287274 No.29287274 [Reply] [Original]

100$ waiting room edition we're gonna make it bros
>What is Algorand
Algorand is an open source permissionless public blockchain based on a pure proof-of- stake consensus protocol—the first of its kind to support the scale, open participation, and transaction finality for billions of users.
https://www.algorand.com/
https://community.algorand.org/blog/what-is-algorand-quick-guide-and-overview/

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

>Where to buy ALGO
Coinbase
Binance
Kraken

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

>> No.29287445

Slow mover but the rewards are worth it. Would kill for a 10k stack.

>> No.29287554

>>29287274
6k ALGONAUT reporting in, hoping to swing bake so I can get up to 10k.

>> No.29287591

3k stacklet checking in

>> No.29287593

>>29287274
thanks for actually putting info in the OP. BUT IF THIS FUCKING THING DOESNT PASS $2 SOON I WILL SNAP

>> No.29287633

>>29287274
Fucking idiot. You need to put the obligatory “glowies know” in the OP somewhere

>> No.29287639

>>29287593
Don't worry bro we're gonna make it

>> No.29287654

>>29287445
>Would kill for a 10k stack.

This. How people manage to get those anyway? Have enough spare money to begin with? Moonshot profits?

>tfw 1k stacklet

>> No.29287681
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29287681

>>29287274
>>29287633
checked
glowies know

>> No.29287727

>>29287654
I've been using Algo as my crypto bank account, so to speak
when I profit from a shitcoin gamble I put it into Algo
so comfy

>> No.29287807

>>29287633
Checked and knowsglowiesknow pilled

>> No.29287821
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29287821

How many algorand generals #1 will there be?

>> No.29287862

>>29287821
all of them will be #1
glowies know

>> No.29287869

>>29287654
4.6k algo chad reporting in. Not quite 10k but get roughly 1 free algo a day in staking :)

>> No.29287920

It is comical we can't even sustain a general.

>> No.29288026
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29288026

>>29287920
These threads are great

>> No.29288067

why wont this coin move broskis

>> No.29288118

>>29288067
Daddy bitcoin needs to shut the fuck up for a moment.

>> No.29288125

Algorand is the future
>>29288067
cause supply cap is increased to stabilise the price
they're trying to attract big money by creating a stable, professional, consistent coin in a world of shitcoins

>> No.29288177

will 6k stack get me a cute asian waifu before 2025?

>> No.29288240
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29288240

>>29288177
How about a Jotaro BF

>> No.29288524

MOON TIME !

>> No.29288563

if you guys can't commit to a long hold, this is not the coin for you. chase pumps elsewhere. this moves with purpose

>> No.29289320

good general lads

>> No.29289563

8k stack checking in

>> No.29289685

anybody have that "bitch I got that Algo" meme?

>> No.29290410

>>29287593
it wont pass $2. if you watch the supply they keep dumping new coins and increasing the supply, creating permanent bagholders. this is pretty much what ripple did but without the hype so it just never moves. this is just the new xrp.

>> No.29290448

>>29290410
if was at .35 a few months ago when I first started stacking man

>> No.29291220

>>29290410
>if you watch the supply they keep dumping new coins and increasing the supply, creating permanent bagholders

They can‘t dump them forever

>> No.29291294
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29291294

>>29291220

>> No.29291305

>>29290448
You ever wonder why convenience stores advertise when people buy a winning scratch-off ticket in their store? People like this.

Past performance means literally nothing you worthless shitskin ape brain fuck.

>> No.29291479
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29291479

I cannot wait for it to go below 0.4 again to put all my life savings into this.

Alglowies know why.

>> No.29291615
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29291615

Just 470 ALGOS. But i'm comfy as fuck with this

>> No.29291754

>>29290410
pretty much this, it's pretty annoying they can't just let it do its thing without manipulating the price. it leaves a bad taste in new investors mouths when their "investment" doesn't go anywhere, while watching other coins moon.

>> No.29292132

>>29287821
DAMNIT ANON I'M JUST TRYNA LOOK AT A CHINKY LADY WHILE I HOLD THIS ALGO STACK

>> No.29292202

was thinking of buying more algo or btc, or get nu
what do you guys think?

>> No.29293234

>>29292202
personally I'm waiting to get more Algo in case it dumps in March/April (look at the charts of the past couple years), but I already have 10k
nu or btc are both good picks, nu will probably have steeper gains but be more volatile

>> No.29293250

>>29291754
Just research CBDC and search for Algorand position in that scenario. That's all you need to know.

ALGO is the long game

>> No.29293484

>>29287654
>tfw 1500 stacklet

>> No.29293611

>>29293250
I'm just curious because what's the point of holding a coin that's literally designed to dump on its holders for the next 10ish years? isn't that just XRP with extra jews and a hard cap?
it honestly doesn't seem worth keeping when everything else is having 10x gains. I'm not trolling I'm genuinely looking to get cozy but the 400m algo they've dumped in the last two weeks is getting tiring.

>> No.29293682

>>29287274
it's a centralized BFT protocol

>> No.29293744

had the opportunity to sell at 5.7k profit but now I am in the trenches at 4.1k

>> No.29293779

>>29293234
hmm ok thanks. Does it usually follow a pattern like that? every half a year it dumps? I've been hearing altcoins should pump soon with btc slowing, but also that btc suffering hurts alt coins as well

>> No.29293904

>>29293611
It compensates with a stready APY through staking... They're not aiming for the shitcoin pump&dump race (it certainly is not your coin for that kind of investment strategy) but for the mid-long term strong position in high level serious financial institutions looking for optimal infrastructure in the crypto space. If you've been following Algorand you know they have some pumdamentals ready for FOMO events during the next couple years, anyway.

>> No.29293908

>>29293611
the inflation cant keep up with demand on these coming weeks.
>btc price cant go up cos miners sell every day
that is what you sound like. Bitch.

>> No.29293955

>>29293779
> Does it usually follow a pattern like that? every half a year it dumps?
I mean so far that seems to be the case
nobody really knows where it's going, for all I know it could never be under $2 again in a few weeks and we'll all be kicking ourselves for not buying more
let's just say I'll feel safer buying more if it holds or keeps upward momentum in the coming months

>> No.29293983
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29293983

Ihave already seen so many comments about BAEX. baex! Do you use it? The system offers NASDAQ, Apple, Tesla and other shares that can bring a good benefits. But firstly, I wanna know your opinion

>> No.29294449

>>29293908
what? you do realize that 400m algo in two weeks is nothing to scoff at right? how the fuck are you gonna compare a 21m market cap to 10b.

>> No.29295428

>>29294449

>Thinks supply is market cap
>Doesn't realize if their market caps were adjusted to be similar, ALGO would be $500