/biz/ - Business & Finance

Delete this. We are still incognegro.

>>28071441
>>28071070
What’s your target price

>>28071642
$2.15 EOY 2021

>>28071642
After doing hundreds of hours of research I must say, that there is no ceiling for this gem. It's on a completely different level than all the top 10 coins. I wish, that 60% of my portfolio wasn't locked for the next 2 weeks. Why the fuck did I fall for staking DOT meme?

>>28071811
> It's on a completely different level than all the top 10 coins.

Would you be able to distill your hundreds of hours of research to explain this?

>>28072220
from the brief research i've done, algo's PR campaign is akin to kissing babies and saying black people's food is best - but with multi-billion dollar enterprises, not the american people

>>28071070
DELETE THIS

>>28071070
>he didn’t buy ALGO
Fuck bro’s. I didn’t buy at 40 cents and I kept waiting for a pullback

>>28071642
There isn’t one. This is obvious next level shit to anyone that is paying attention. I’m here for the long HODL.

>>28071070
post your bags.

i have 10k
feels good
I will be holding those for the next 30 years
feels good
living off the participation rewards
my future is already decided

>>28072785
You type like a madman. I love it

>>28071070
thank you for the signal sirs
to de moon!!!~~

does anyone know what the algo wallet rewards % is?

>>28071070
August all over again.

Sorry, I will be dumping soon.

>>28074158
About 7%

>>28072785
YOU TYPE LIKE YOU MADE THIS PEPE and i love it

>>28071811
One block finality
Forkless
High Throughput
Staking
No Validators
Decentralized Consensus
Stateless and Stateful Smart Contracts
MIT, Silvio, Gensler
Easy to Install and Use
Wallets don't have to store entire block chain

I copied that from somewhere else. There is no point in reinventing wheel. I'll add this and that to it. Silvio is a cryptography grandfather. He works at MIT, and is a Turing award winner. It's basically a noble prize in computer science. Algorand is non Turing complete on purpose, which is quite ironic taking into the fact his award. Only like 8% of all smart contracts in ETH need Turing completeness, and it's Turing completeness that's the most problematic about ETH. Because of it contracts are overcomplicated, which leads to hacks. And in most cases these contracts don't have to be that complicated. Currently It's fees are at 0.001$, which is insanely low. Algo is currently being used in Marshall islands (they came to Algorand after doing their own research), and in SEA. It was also mentioned by the US army, which was contemplating on Algo, XRP, or stellar if I remember right. Basically Silvio reviewed Bitcoin, and aimed at it's problems which are centralization of miners, high transaction fees, wasting tones of energy to create blocks. Also what many fail to understand about Bitcoin is, that Satoshi designed Bitcoin, so that it could perform ANY type of transactoin. That's why Satoshi implemented sCrypt into Bitcoin. But blockstream blocked it all. On the other hand Algorand has SDKs for Java, Javascript, Python, and Go. Silvio also mentions, that Algo solved the blockchain trilemma of security, scalability, and decentralization. There are also like 600 projects building on it. There is a lot to learn, and I'm only getting started. It's one of the most likely candidates for CBDC.
https://community.algorand.org/blog/cbdc-on-algorand-first-one-but-more-to-come/

>>28072220
Sorry. I pressed on wrong digits.

>>28075586

>market cap of just over 1 billion $
>Compared to cardanos of just over 20
>If Algorand takes off (which it likely will soon) and reaches and you buy 1000 tokens at the 1$ presumed brake point, you will be sitting 20000$
Couple this with the giant staking rewards and holy shit you got a good savings account

>>28075586
>>28075641
Thanks anon