/biz/ - Business & Finance

>>28389617
Another Ethereum killer.
Buy innovation with RLC instead.

>>28389617
Silvio Micali

>>28389617
The glowies know

>>28389617
Imagine the early days of development of Nuclear Physics and aviation just after WW2. That is what Algorand is in the crypto world

>>28389617
shitcoin
buy:
>AVAX at the cheap nigger

all I know is I should have bought twice what I did

>>28389803
>>28390728
>>28390902
>>28390939
>>28391060
whataver just bought 200$ of it well see

>>28391336
Good long term investment, friend.
See you in the stars.

>>28389617

>>28390939
>buy completely frozen shitcoin thats going to dump into real competitor coins like algo and ada

>>28389617
Read the white paper. It's a patrician hold. It's been called 'the baby' of the MIT complex. The current SEC chief has been the senior advisor of the MIT digital currency initiative DCI which the founder of algorand silvio micali is also a collaborator on. MIT is one of the leading recruitment pools for ZOG intel orgs, so MIT is basically though not officially part of ZOG, So the project will likely not be allowed to fail and it has friends in very high places. The one knock is always the long term tokenomics.

>>28389617
ALGO is basically ETH 2.00; except, it's a finished product, unlike ETH 2.0 which is slowly being rolled out and constantly delayed. ALGO's team is also both technically and business competent. As for the coin itself, it's solved the blockchain trilemma in that it's decentralized, secure, and scalable. To emphasize how well-developed this coin is, USDC migrated to ALGO last year, making it (and ETH) the only other blockchain to host it. This isn't your everyday shitcoin shilled here by pajeets. This is the real deal.

It's only downside is its tokenomics. Only 12% (I think) is currently in circulation. The remaining set is to be incrementally released for purchase over the coming years.

>>28389617
turboshilled in twitter since 50c, be careful with this one now

It doin sum

>>28392572
They wanted to distribute these coins in 4 years, but now they're saying more about a decade. And right now there are. I'm it's good, as it's stupid to sell all of your coins, when they're cheap. It's making early speculators crazy rich, instead of actual builders.

>>28392682
It hasn't even reached its ICO level. Better buy ALGO than someshit that has already mooned 10x or 20x in the last month. This has probably the most growing potential still of all major altcoins together with GRT.

>>28392218
It was probably set up with the intention of being the ZOG platform, in the same way that google was seeded by the CIA. This was all planned years ago, the idea that central banks don't already know exactly what they are doing 10 years in the future is laughable. There will be no "bidding" or "proposals" the coin has already been chosen, and it is Algorand.

>>28393406
This. Glowies know. Just buy it, stake it, take your rewards for compund interest and lean back. The most stress-free and comfy hold in all of crypto. No more shitcoin gamling on Uniswap, no more pajeets and rugpulls, no more insane volatility. Just steady comfy gains.

I'm very happy with holding it since last July. Is there any reason why Algorand is better than the other shilled ETH killers? Thinking of IOTA, ADA, Stellar, other chains with higher tps than ETH

>>28392572
a very high iq and based take. the algo pump is tragic since I was planning on accumulating more

10k suicide stack
100k to make it

It’s the official MGTOW coin.

>>28393661
>taxable as income by the IRS
that part is not very comfy

My only regret is only buying 2k at .33, should have gone all in and gotten 10k at least.

Waiting for a decent dip to throw some money at it

How do I buy this coin if I use a hardware wallet?

>>28389617
No need, all you need to do is learn how to read and visit algorand.com

>>28395881
Who cares. You're going to make it. You shouldn't worry about wagies, and stacies.

Is today a good day to buy?

>>28397128
Yes, it had a spike a few hours ago but now it’s dipping. It’s the time.

>>28396239
Buy on coinbase or cb pro then move it to your hardware wallet. You will still get staking rewards as long as you have any amount of USDC or USDT in your hardware wallet.

Idk I bought it a while back when it was .34 pretty good return

>>28389617
Their developer resources are amazingly useful:
https://developer.algorand.org

That's how you know its a good project.

Also buy 1 ALGO and send it around to your wallets. Is it fast or slow?

>>28389617
It's gonna crab between 1 and 2 for awhile

>>28392682
Fuck off glower. ALGO Chads rise up

>>28389617
Created by MIT Turing award cryptojew with better food (italian) and blessed by Biden's new head of SEC Gary Gensler. 7.6% APR staking

>>28397590
I have a grand in ALGO and my ALGO rewards counter lags behind my actual rewards counter.

>>28397128
Buy on every fucking dip

7% staking holy lmao this thing will never surpass 2$

>>28398631
Stay poor

>>28392572
>It's only downside is its tokenomics. Only 12% (I think) is currently in circulation. The remaining set is to be incrementally released for purchase over the coming years.
does this mean we will likely see fairly slow progress with little volatility until we get to price discovery time?

>>28399025
This means that it's stable enough to be your fucking bank account man.

>>28399204
nice, that's what i was looking around for. i was thinking either this or STX. thank you for explaining, anon.

>>28398393
The dips are actually very predictable with Algo, I'm always swinging a small part of my stack to increase my tokens slowly but steadily.

>>28399495
This anon gets it

>>28398393
So not today then, or maybe later if we dip to 1.10

>>28399619
If it even dips to 1.10

Don't forget to compound your staking rewards by sending 0 ALGO from your wallet to your wallet on a regular basis

>>28389617
Best Investment long term in Crypto. Easy 5x and 7.5% apy the way up.

>>28394992
16k stack making it. worth more then if i had left in BTC thats for sure

I've been trading shitcoins and converting my profits to algroand. Already at $100 of it after a couple days, Will likely dollar cost average every pay into this coin.

What other coins would you recommend?

>>28389617
The head of the SEC taught classes on crypto and blockchain at MIT and Silvio Micali, Turing and godel award winner for zero knowledge proofs, is also an MIT professor... coincidence? Lot of murmurs going around about the ECB, and Bank of Canada using algorand to build their CBDC. Connect the dots faggot

Can I stake on coinbase? If so, do I have to do anything or do I automatically get the 6%?

>>28402001
yes, just need to enable it.

>>28400785

Dees nuts.

>>28402001
yes but they take a cut. move into a wallet and get >7%

>>28402001
staking on CB is for niggers.
take the extra steps and stake on the algo app.