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/biz/ - Business & Finance


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File: 130 KB, 354x549, 1613085614154.png [View same] [iqdb] [saucenao] [google]
29648512 No.29648512 [Reply] [Original]

BITCH I GOT THAT ALGO
BITCH I GOT THAT ALGO
BITCH I GOT
BITCH I GOT
BITCH I GOT THAT ALGO

>> No.29648618
File: 649 KB, 1080x1092, 1614131461191.png [View same] [iqdb] [saucenao] [google]
29648618

good morning everyone.

>> No.29648691

>>29648512
Out of all the cryptos, I like Algo the most.
However it has a 10bn market cap at the current price.
I am investing in companies with 100m market caps that I think could 5-10x more easily.
What is the floor valuation on Algo?

>> No.29648953

>>29648512
Don't expect this to be more than 1.50 within the six months.
The shilling could be better used for teaching people how to get started with the Algo wallet, which accepts USDC as well.

>> No.29648990

>>29648512
MY RANDY LOOK CANDY

>> No.29648994

>>29648512
I fucking love algo, I think it's poised to hit at bare minimum $1.10 EOY, cozy as fuck hodling my $0.07 per day stakes.
I can't wait till I'm able to finally afford that bigmac I've been eyeing for some time.

>> No.29649025

>>29648691
>market caps that I think could 5-10x more easily
my unprofessional opinion is that you should skip ALGO if this is what you want within this decade.

>> No.29649244

>>29648994
>I can't wait till I'm able to finally afford that bigmac
what if I told you that the algo wallet will be the only app on your phone that can interact with fast food chain "cash registers"?
USDC is accessible on the Algo wallet, how long do you think it will be until it's normal to buy your shity fast food with digital usd? a year? five? which ever it is, algorand will be the chain that runs it.
Is that going to mean ALGO holders will become rich? No, I actually don't think so but want to hear what others think.

>> No.29649431

>>29649244
so what you're shilling me is, I can finally afford that bigmac a lot sooner than I thought? you think by EOY?? shiiiit I might be able to afford fries with that.

>> No.29649600

>>29649431
what I'm actually trying to say to you is that if "the end of cash/usd" meme is eventually proven true and occurs, that you'll be using a digital version of usd, and it will almost certainly be USDC, which runs on algo tech.
But you already know the tokenomics; supply is insane and there are tons of early whales looking to dump bags. But the demand will make up for it once all the apps are out. But this will take a few years. No you will not rich.

>> No.29649810

>>29649600
only 5% of USDC actually runs on algo, the rest is still on ether.

It might actually change sometime in the future, just not before literally every shit coin passes this stablecoin.

>> No.29649972
File: 924 KB, 998x748, 1614232736509.png [View same] [iqdb] [saucenao] [google]
29649972

>>29648994
seethe
>>29649431
cope
>>29649810
dilate

>> No.29650000

>>29649600
"early whales" bought at over 3 dollars.

>> No.29650014

>>29649810
if people think ethereum is the future they should just stay there. And as far as the rest of the market who gives a fuck, Algorand is an entire blockchain unto itself it's supposed to be completely separate (I know it's not) for anything else. It's also supposed to be inexpensive imvho

>> No.29650112

>>29649972 I'm just as excited for my bigmac as you are brother, hang in there.

>>29650000 also, checked.

>> No.29650188
File: 135 KB, 1035x666, 1610824059002.jpg [View same] [iqdb] [saucenao] [google]
29650188

>>29650112
big macs are like $4.59 if you just buy it alone, i'm happy with that EOY

>> No.29650208
File: 391 KB, 534x407, 1614123014147.png [View same] [iqdb] [saucenao] [google]
29650208

>>29648512
Algorand is fucking trash. The devs hold like 80% of all coins and just lowered the APY. Basically you are all at the mercy of whales who can take a shit on you at any fucking moment. And for what. A savings account?? Heres free advice for you algofags
>take your money out of algo
>invest in a high dividend ETF
>make better gains with less risk and never look back at this shartcoin.
Free advice. Algo is a fucking scam sandwich.

>> No.29650233

>>29650208
see >>29649972

>> No.29650311
File: 249 KB, 1175x1500, 536a71ab69bedd9844d1b07f.jpeg.jpg [View same] [iqdb] [saucenao] [google]
29650311

>>29650188
Maybe algo will be worth something when all the coins are out. Are you really going to baghold until 2030 when everyone is on a different platform and 1000x competitors are out with way better marketing than Silvio and pals?
Dont be a retard.

>> No.29650351

>>29650188
as somebody who also owns this crustacean coin, I'll send you two algos so you can get it super sized if it hits $4.59 EOY.

>> No.29650380

>>29650233
Youll be posting pink wojaks in a week you idiot bagholder. No one should put money into something where a handful of whales own 80%+ of the fucking supply.

>> No.29650402
File: 1.09 MB, 250x251, mystic.gif [View same] [iqdb] [saucenao] [google]
29650402

>>29649244
>>29649600
>>29650000
>>29650188
>>29650233
>>29650311
KEK

>> No.29650418

>>29650351
I think you'd only need to send me 0.2 algo for the upgrade friend, but I appreciate your generosity

>> No.29650486

>>29648953
It was $1.86 within this month. Currently recovering back up

>> No.29650507

>>29650380
I bought at 30 cents and understand the token distribution. You apparently like to jewishly go back and forth between "the devs, whales, and knowing it's released to stakers" whenever you want to FUD in a new way as seen here
>>29650208
>The devs hold like 80% of all coins
>>29650311
>Maybe algo will be worth something when all the coins are out
>>29650380
>where a handful of whales own 80%+ of the fucking supply
You're not fooling anyone, pick one and FUD with it you stupid kike.

>> No.29650522

What are these awesome cryptos I'm missing out on from holding Algo right now? Is everything else pumping while BTC crabs today? Maybe if things start jumping in a few days and Algo is left behind then yeah I will understand people's opinions, but for the last month Algo sort of followed most crypto trends. Just because everyone bought at the top doesn't mean Algo isn't going anywhere. I'm not loyal to Algo either I've already moved everything from the wallet to an exchange and have been successful in swinging it while it bears around. If it looks promising I'll end up putting it back in the wallet.

>> No.29650595

>>29649810
if you are still ITT which I think you are, I'd like to point out an important thing here.
>only 5% of USDC actually runs on algo,rest is still on ether.
The question is whether an ethereum based wallet or an Aglo based wallet will be able to best make that burger purchase at McDonald's? Do you genuinely think an Eth powered wallet will do fast food transactions soon? and what would the fees be like on Eth 2?

>> No.29650750
File: 33 KB, 640x335, HrI02CSWRWL3ut7w56_9AFBsHp8S-5C33M8dTPmuRcE.jpg [View same] [iqdb] [saucenao] [google]
29650750

>>29650507
The devs ARE the whales and you are a sucker/mark. They randomly dropped a bag on your head not long ago against their schedule, AND THEY JUST LOWERED THE APY. You are getting fucked without lube and pretending to like it.
Look at the picture. Hodling this coin is just waiting to get dumped on again and again.

>> No.29650755

>>29650595
>Do you genuinely think an Eth powered wallet will do fast food transactions soon?
lol, no. I wasn't saying that ether was gonna be able to do faster transactions than algo, algo has got it beat by a long shot. I was simply stating that as a fact, not as an argument against algo though I can see your confusion.

>> No.29650799

>>29650750
How do you feel about chainlink? Do you FUD link threads because sirgay holds 65% of supply? Doubt it.

>> No.29650847

>>29650750
>>29650799
Furthermore I understand you bought high and are mad, but I sold 3 days ago and got 6k algo on top of my original stack today buy rebuying. I get that you're a bad investor and thus are having a meltie, but you can do a little better.

>> No.29651044

>>29650799
Link has so many fucking problems they dont need anyone to fud.
Algo is great on paper but the release schedule literally fucks over anyone who wasnt an early adopter or dev.
They own most of the supply, they fuck with the APY at a whim, they drop bags and then say "oh the schedule changed because a lot of people boughted!!" After the price crashes, etc. Look at the graph, retail buyers (you and me) could sell everything and barely even be a blip on the fuckin radar. This isnt a get rich scheme, this is a get someone else rich scheme.

>> No.29651074

>>29650750
ngl the tokenomics of algo ain't the best thing about it. The best thing is that it's a functioning chain that can run defi and central bank currencies.
If you want to talk about the globohomo/international/borderless yada yada then let's get comfy and chat about it.

>> No.29651224

>>29650847
>loyal to a shitcoin where devs just lowered apy out of nowhere despite a price crash
Ngmi, not now, not ever.

>> No.29651261

>>29650595
The way around the delay now is the Flexa network which uses AMP tokens as collateral for the purchase. It's already used to buy things with crypto in 40,000 stores at this moment. We'll see how this all plays out.

>> No.29651271

>>29651224
oh noooooooo i'm only up 5x after swinging how will i recover?

>> No.29651302

>>29650750
>>29651224
its variable apy that changes depending on the network

>> No.29651305

>>29651224
I need a qrd on the rate cut
t. wagie

>> No.29651306

i hurt myself today

>> No.29651334
File: 3.12 MB, 1834x1080, Offical ALGO flag.png [View same] [iqdb] [saucenao] [google]
29651334

Puttana, ho quell'algo

>> No.29651369

>>29651305
It's just retarded FUD, it adjusts with usage obviously. There has to be txns being validated for people to get rewards. That's how PoS works. The person you're replying to is just a Jewish retard.

>> No.29651437
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29651437

>> No.29651511
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29651511

>>29651369
Which is why we should be sending a billionth of an algo back and forth several times a day to force volume

>> No.29651557
File: 667 KB, 1645x1080, PicsArt_02-24-01.50.37.png [View same] [iqdb] [saucenao] [google]
29651557

Stupid fudders

>> No.29651567
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29651567

>>29651305
This is what it was on feb 11

>> No.29651617
File: 194 KB, 1125x655, 1BDB4F83-86FE-4C81-AC53-D9508B949895.jpg [View same] [iqdb] [saucenao] [google]
29651617

>>29651305
This is what it is right now.

>> No.29651629

>>29651261
>Flexa network
dang look at this shit, does it actually work right now? this is the exact thing certain deplatformed ecelebs have been waiting for. I hope the devs aren't fags.

>> No.29651641

>>29651567
>>29651617
Your own image shows the same rewards per block you brainlet kike

>> No.29651657

>>29648512
comfiest hold

>> No.29651675

>>29651629
Thankfully I have a decent amount of flare set to airdrop me too.

>> No.29651702 [DELETED] 
File: 77 KB, 900x900, moonman.jpg [View same] [iqdb] [saucenao] [google]
29651702

I NIGGER NIGGER NIGGER
THEN I NIGGER NIGGER NIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGER THEN I DO IT AGAIN

I NIGGER NIGGER NIGGER
THEN I NIGGER NIGGER NIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGER THEN I DO IT AGAIN

I NIGGER NIGGER NIGGER
THEN I NIGGER NIGGER NIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGER THEN I DO IT AGAIN

I NIGGER NIGGER NIGGER
THEN I NIGGER NIGGER NIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGER THEN I DO IT AGAIN

I NIGGER NIGGER NIGGER
THEN I NIGGER NIGGER NIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGER THEN I DO IT AGAIN

I NIGGER NIGGER NIGGER
THEN I NIGGER NIGGER NIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGER THEN I DO IT AGAIN

I NIGGER NIGGER NIGGER
THEN I NIGGER NIGGER NIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGER THEN I DO IT AGAIN

I NIGGER NIGGER NIGGER
THEN I NIGGER NIGGER NIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGER THEN I DO IT AGAIN

I NIGGER NIGGER NIGGER
THEN I NIGGER NIGGER NIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGER THEN I DO IT AGAIN

I NIGGER NIGGER NIGGER
THEN I NIGGER NIGGER NIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGERNIGGER
I NIGGERNIGGERNIGGER THEN I DO IT AGAIN

>> No.29651743
File: 18 KB, 327x326, algomilky (4).jpg [View same] [iqdb] [saucenao] [google]
29651743

>>29651511
milkies know

>> No.29651776
File: 1.32 MB, 1600x800, Algo-is-golden.png [View same] [iqdb] [saucenao] [google]
29651776

We'll be going up soon boys

>> No.29651789

>>29651641
look at the annual yield fren. you should run to mcdonalds and get yourself a snickers, you're not you when you're a cunt.

>> No.29651813
File: 255 KB, 720x1440, Screenshot_20210225-055549.png [View same] [iqdb] [saucenao] [google]
29651813

>>29651567
>>29651617
Read their faq.

>> No.29651878

>>29651789
>current annual yield
>current
Yes you fucking mongoloid because there aren't as many block confirmations because there's less txns. How do you not understand this? Honestly man you're stupid.

>> No.29651937

>>29651878
bro chill, I own the coin too lmao. nobody here is attacking you so idk why you're such a lil bitch. don't get mad at me for algos shitty tokenomics

>> No.29651967

>>29651937
>get btfo
>"bro chill man wtf"
wew laddy, fuck right off

>> No.29652043

>>29651967
I'm literally stating facts and you're taking it personally lmao. you're the average algo bag holder, emotionally unstable and overdosing on copium. you make me want to sell my bag just in spite.

>> No.29652063

>>29651629
Not to shill but it's live right now and accepted at Dunkin Donuts, Menards and whatnot, pay with crypto and backed by the owners of Gemini exchange I think, the winklevoss twins or something. And Flexa/AMP has major finance bros on the team.

>> No.29652117

>>29652043
Not sure about this new angle you're taking. Good luck kike, and again stick to one method of FUD next time.

>> No.29652119

To the alto anon I was talking to I made a BTC wallet thank you so much your saving my daughter bc1qpqxzcq5ar9u4p6zkh3vzten2stl2uvn08sue6w

>> No.29652196

>>29652117
where is the fud? I'm genuinely confused? are you talking about trolling you with mcdonalds? one day I wish to meet a fellow algofag who's actually able to sustain a reasonable conversation without getting emotionally worked up. have a good one, psycho.

>> No.29652259

>>29652063
the question I have is will they allow any of the people who have already been kicked off paypal/circle/cashapp for political or social pressure. If they allow them on the payment network then that is bullish.

>> No.29652260

>>29652196
>where is the fud?
well it's here >>29651567 >>29651617
you not understanding block rewards and thinking it's somehow a "whale" changing rewards

>> No.29652370

>>29652260
maybe I didn't understand what the dude was asking for? I reasonably thought he was asking for the APY. not everyone in the world is out there to get you like your uncle my guy, just let it all out.

>> No.29652381

>>29652260
still doesn't help the tokenomics much for any time frame less than 2 years.

>> No.29652449

>>29652370
>maybe I didn't understand what the dude was asking for?
Ending a statement with a questionmark is a sign of passive aggressive faggotry. Sort yourself out.

>> No.29652523

also
>>29652370
>maybe I didn't understand what the dude was asking for?

>>29651789
>look at the annual yield fren
you seemed pretty confident here that you did. I get that you've been shown to not know what you're talking about and that's a tough place for someone to be, but jewishly doing this song and dance of "oh i don't know, oh you're just mad" is pathetic.

>> No.29652547

man early morning crew ain't vibin at all rn

>> No.29652556

>>29652449
man you have some real problems. maybe when this shitcoin hits $2 in 2024 you can get the therapy you need. you really give algo bag holders a bad name.

>> No.29652615

>>29652556
Keep telling yourself that redditor.

>> No.29652642

>>29652259
Yeah I'm not sure how it'll work because each app they pair with might have different policies and I haven't really looked into it all much.
I have a small bag of AMP just because it's one of the few things working in the real world but just like Algo the mcap is so huge that I don't see it mooning even though it's like 2 cents right now. Not sure where to put my money because SOMETHING is going to take off for payments and there are multiple methods right now. Flexa just so happens to be pretty usable at the moment. I don't know why all the projects I'm into look like they can't moon, AMP, Algo, BAT and HBAR. Sucks, I want money.

>> No.29652644
File: 164 KB, 1080x1080, algomilky.jpg [View same] [iqdb] [saucenao] [google]
29652644

>>29652556
>soon
no,- I- give algo bagholders a bad name

>> No.29652684

>>29652523
>Imagine being this mad over a misunderstanding.
I honestly feel bad for you dude, if you need someone to talk to the suicide hotline number is 8002738255. get some help, I understand buying at the ATH and then watching it drop 60% is exacerbating for some folks.

>> No.29652770

>>29652684
>still at it
>still has nothing other to say than you're crazy, mad, and bought high
i already stated what price i got in at, you deflecting your retardation and not knowing a single thing about what you're talking about onto me isn't doing you any favors.

>> No.29652844

>>29652770
it was the mcdonalds thing, wasn't it. I get you hate your job, but one day you'll be able to work at wendys. keep at it champ.

>> No.29652978

>>29652844
>>29651878

>> No.29653036

>>29652844
Glad I was able to teach you about proof of stake block rewards in this. You're welcome.

>> No.29653049

Every thread I go in people are arguing about a particular crypto because they are all mad the whole market is crabbing. Blame BTC. Soon we'll find out if Algo actually moves.

>> No.29653061

does anyone have any good links to recent foundation related people talking about the tokenomics?

>> No.29653078

>>29653036
honestly had a good laugh from this thanks. but really do hope algo does well, because I'm serious about the big mac, pal.

>> No.29653124

>>29651305
It means we're finally rolling under the 30 day rolling average and the accelerated vesting will slow down allowing algo to pump again before vesting kicks in and dumps again

>> No.29653191

>>29651776
>digits
>1776
GLOWIES KNOW

>> No.29653199

>>29648691
Had 40k algo at 25 cents average buy in. Sold 30k around $1 and letting the last 10k stake and ride. Not sure how much higher it will go honestly anon the supply is huge, but I have the suicide stack there just in case.

>> No.29653204

>>29653124
>dumps again
how many more of these can we expect?

>> No.29653304

>>29653199
>the supply is huge
it's currently 50x less than circulating xrp, and when xrp and algo are both fully out it will be 10x less than xrp.

>> No.29653376
File: 197 KB, 900x722, apushy.png [View same] [iqdb] [saucenao] [google]
29653376

>>29653204
it dumps every february and august, don't you know this?

>> No.29653386

>>29653204
1.5B left in the vesting I believe, up till 2023 at the current rate or sooner if we keep forcing them to dump. It used to be 2024 but demand forced the system to auto dump like 600M+. If you know what you're doing, this means predictable swing trading opportunities.

>> No.29653451
File: 44 KB, 350x519, rocket-liftoff.jpg [View same] [iqdb] [saucenao] [google]
29653451

BITCH I GOT THAT ALGO

>> No.29653504

>>29653386
>It used to be 2024 but demand forced the system to auto dump like 600M+
That was on February alone btw, we have been way over the high water mark. Switch the chart to 1 month view and you'll have a better idea of when and when not to invest.

>> No.29653505

>>29653386
>or sooner if we keep forcing them to dump.
~~~ATTENTION SHILLS~~~
see above

>> No.29653569

>>29653505
The system is automatic, we're gaming the system, not the devs.

>> No.29653601

Algo needs to become the MTV of crypto, then we will all make it.

>> No.29653705

>>29653569
what do you think the last algo pomp was based on?

>> No.29653733

>>29653705
Chinese New Year

>> No.29653788

>>29651702
This is an interesting FUD. Still not selling

>> No.29653820

>>29653788
based digits

>> No.29653893

>>29653733
I don't know what the connection is.

>> No.29653925

>>29653893
chinky flue originated in china, italy had it bad too. coincidence?

>> No.29654076

I can has Algo

>> No.29654141

>>29653893
Look across the board on that Feb 12, every coin pumped hard. Traditionally money is given as a gift on CNY which is then invested, they have a belief this brings future fortunes.

>> No.29654201

>>29652644
Based OG titty poster

>> No.29654504

>>29654076
the meme that will push algo into the top 20 MC is the hundreds of millions of newly wealthy millennials from corporate world using this as their crypto wallet to buy coffee and dabble in speculative digital tokens. Stacey and Shenekwa alike will find the Aglorand wallet as easy to access as any other app they typically use. I know this sort of thing has been said again and again for other chians, but Algo is working and only needs more applications.
The meme is true and will always be.

>> No.29654745

>>29654504
I forgot to mention the normie-est of all reasons, which was the purpose of the post entirely.
The APY is like an "old fashioned savings account" back when putting money in a bank earned you a few percent interest.
This is how uncle norman will enter the exciting world of crypto- >His son or nephew shows him how to download the wallet and properly save the pass phrase.
>He is given a few Algo, or USDC, or BRC (Brazilian digital coin) by his son/nephew
>He eventually opens a coinbase account to buy more ALGO for those APYs
now imagine this for every boomer or stacey in the developed world.

>> No.29654796

>>29648512
So you are poor?

>> No.29654853
File: 46 KB, 650x620, 1605028897320.jpg [View same] [iqdb] [saucenao] [google]
29654853

This time next year, things will be good.

>> No.29654925

>>29654745
This is the reason I believe Algo has consistently held a 70% buy ratio, the only thing is Algo shot itself in the foot with the accelerated vesting system for pumps but no inverse system for dumps.

>> No.29656248

https://www.youtube.com/watch?v=vOtqGTZAN8Q
BULLISH AS FUCK!
I TOLD YOU THIS WAS THE NORMIE CHAIN

>> No.29656314

>>29656248
this is this channel's first crypto video apparently, he mainly does real estate videos.

>> No.29656949

>>29648512
Algo and Bao partnership incoming. Don't say I didn't warn you bros.

>> No.29657007

>>29648994
LOL

>> No.29658528

>>29654925
So all van have a good entry point and no pump and dump schemes. REally the relaseing isnt even that bad; only 50% left in span of 4 years.