/biz/ - Business & Finance

wtf

>>22748200
>microeconomic
nobody gives a shit about daily transactions
we want a hedge against central bankers policies, QE, cantillo effect, asset hyperinflation.
I don’t need smart money to buy coffee

>>22748256
Yeah like ppl would say they didn't need computers in 1970
stupid nig

>>22748200
50? with that fucking supply? loool

have fun. in a few years the supply will be so massive - it will kill any gains.

>>22748200
FUDDERS will still dispute Algorand's destined number 1 spot. Stay poor. Algonauts to the moon.

>>22748200
Algo chads will dump on every government.

>>22748276
Tell that to china and the marshall Islands
And the french bank
And the fed
And the bank of Spain
GTFO

>>22748276
The supply wont change other than go down in coming years. You know how max supply works right? And the fact once the max supply has entered circulating supply, scarcity and prices increase. Are you this retarded irl?

holy shit
you sound truly desperate op
this is terrible shilling

>>22748373
I'm trying to help you here.
But go ahed, hold your dying buttcoin, ETH and shitty altcoins with no future

>>22748294
>>22748295
>>22748302
>>22748338

you guys are so stupid. I genuinely believe ALGO will be a top coin. But even if it does become a top coin - you won't even make any money due to that FUCKING INLFATION

low iq poor fags. think for once

>>22748295
If any central bank currency were going use algorand tech they would have their own chain it wouldn’t be on the main chain you brainlet.

>>22748404
You don't understand how supply works at all. Please stop. Even fudders have a modicum of intelligence. You're making them all look bad

>>22748404
WHAT ARE YOU TALKING ABOUT LMAO
There's no jew minting bills here and there

>>22748338
Circulating supply currently is under 1B total supply is 10B that means the circulating supply is going to more than 10x over the next couple years. Say this shitcoin gets to $1 that would put it at $10B market cap same as XRP. At 1 fucking dollar per coin.

>>22748443
They aren’t minting bills they are minting coins and giving them to the relay nodes for free you fucking drooling retard

>>22748480
Okay. And say it hits 10 per coin. That's 100 billion market cap. That's minuscule in the grand scheme of things. We're talking about CBDCs and thinking 10 billion is too big for a market cap. In 5 years since all supply is released, imagine how much bigger the crypto space will be by then. You're a small minded brainlet

>>22748541

You're literally getting free coins by holding them

Is taht worse that being controlled by 3 chink mining pools ? Don't think so

>>22748443
The tradeable ALGO supply is increasing.

This kills gains. It's simple economics. Supply and demand

>>22748558
$10 per coin at an 100b market cap is literally only a ~ 20x. In the time ALGO takes to do that - other coins would be doing 1000x's, 100x's and everything inbetween

>>22748587
Yes but it has a cap. It doesn't just go on for ever and ever. Jesus how thick are you?

>>22748399
calm down
you being emotional like a woman makes you lose time and money
consider who you're trying to shill to
pajeets? they're on telegram
whites? they're not going to be impressed by muh partnership with a white guy, that shit is for the browns
hyperventilating with spongebob twitter memes only makes you come across as low IQ here
think about the way stinkies shill their pnd
the scam works through subtle allusions to a private club only few can be "smart enough" to get. the 4th industrial revolution, breadcrumbs, etc.
your presentation is all wrong here. you're dumping this like some car dealer in india proud to show off the white tourist he paid $100 to dress up in a suit and pretend to be his partner
brevity is the soul of wit. instead of all this crap, you could have dug up some obscure and probably irrelevant thing this paul milgrom did before, say a govt committee he's vaguely part of, and mention it WITHOUT FURTHER COMMENT (this part is key)
you can do it anon, i believe in you. next topic tomorrow. just be less of a transparent retard about it

>>22748587
Depends on the price you bought in at. For me it's a 65x and with what I went in with, I'd be more than happy with that instead of worrying about if the coin I just bought, shilles to me on biz, is just another scam coin created by the likes of pajeets like you

>>22748200
can't compete against avalanche so what's the point?

>>22748558
That won’t happen. This is just another dime a dozen ETH killer that will fail. And ya the total crypto market cap probably will grow but if that’s the case you’re better off just holding a good coin with limited inflation instead of constantly getting dumped on and losing sats holding this piece of shit.
>>22748583
You’re getting pennies while the team and all their relay node buddies who own 90% of the supply are getting massive amounts of free coins and dumping them on you continuously. 5% returns is pathetic too. You can earn way more holding DOT, ATOM, XTZ, etc all of which are better projects that don’t have 100% yearly inflation.

>>22748745
DOT relies on ETH. Makes it dead soon. XTZ is miles behind ALGO

All this fud is giving me a boner
Big buy signal

>>22748779
>DOT relies on ETH
Kek. Ok this makes sense now. Algo shills got into crypto 2 weeks ago.

>>22748200
>literal who
imagine not having a fat autist who studied philosophy and trying to revolutionize computing and economics by dumping his made up meme tokens on other autists

>>22748978
Are you loving so much your ETH scams that you can't say the algorand board is full of genius ?

Literally all the fudders here that have lost so much on ETH

>>22748274
>we have usd
>now we have smart usd
why should we give a single fuck if it’s the same shitty hyperinflationary fiat?

>>22749111
Yeah like if you swap ALGO for smart USD? algo holders won't pump at all
Sure
Are you this much retarded ? It's so sad

>>22748938
Okay, not relies, but probably one of the biggest things on the dot blockchain. When eth dies, dot becomes pointless nearly

>>22748200
Too Hollywood. He looks like he wants to make me a fluffer in his next porno.

2
Private
Rounds
10x+
Mark
Up

This hit 77 cents and I blindly bought the top now everyone is praying it will somehow get there again so they can dump this shit for all time

>>22749443
Anything under $1 for algo is a bargain. Dont be swayed by the pajeets

>>22748373
imagine being a nigger whos not gonna make it

>>22748404
spotted fag whos ngmi fud hardet seething copelet

>>22749128
yeah sure cause central banks will not use their own centralized system
totally, r-right

Red seething wojaks will be buying kneepads when algo will obliterale their shitty dying pajeet unicuck scamcoins KEK

how long do I have while its still under a dollar

ALGO is a comfy hold. FUD-fags are teenagers who think they'll get rich perfectly timing microcaps for 100x every other week, or old-fags who only understand Bitcoin and have to shit on everything else lest the experience some cognitive dissonance.

ALGO suicide stack?

>>22748651
Lmao. Love ALGO. OP is being a bit emo, sure.

>>22749961
https://cryptotradeinfo.com/2020/06/circle-announces-support-for-usdc-stablecoin-on-algorand-blockchain/

https://elevenews.com/2020/09/10/algorand-market-update-algo-announced-as-the-official-chain-for-usdc/

I was in the thread at 4am the day they made the 18 TRILLION ON THE BLOCKCHAIN RETARD

>>22748200
>advisor
You mean they gave him a big check to use his name and photo? This old fuck will probably buy another car or trip to the Seychelles with it

>>22750086
Look at their partnerships it's all extremely chickenshit except for the ones that sound important until you look into it and it's meaningless it's literally another shitcoin with no future plus terrible tokenomics it's going nowhere like XRP

>>22750189
nice fud faggot almost worked but just almost

>>22750189
>Marshall Island CBDC
>FED WORKING WITH ALGO
>French bank, Spanish Bank, Chinese banks
>You're a nigger

>>22750258
Banks, banks, banks, they aren't going to use a third party at best they might buy patents from Algorand I think Algorand are just using the token as proof of concept and using suckers like us to fund them

>>22750296
How much do you hold ? 70k ?

>>22748200
THIS IS IT. I'M GONNA MAKE IT THIS TIME WITH MY 7000 ALGO.

>>22750189
t.new to crypto