/biz/ - Business & Finance

>>29400608
Bout to buy back in 1k

>>29401906
Yeah I’m going to expand my hold to about 1k as well. Sadly bought yesterday. Should have waited a day but oh well.

>>29400608
is this a good time to buy a bag?

>>29401906
YOU SOLD?!

>>29402153
Do it if you've got the spare change. It dipped to $.93 and is up 5% on the hour. Not that Algo should ever ever be swing traded. I just dumped my whole tax return in and I'm holding for at least a year.

>>29402991
I sold a while ago because of unforseen bills. Back at a good place to buy in again. Nothing wrong with poorfags doing what they have to

>Like most coins
Cope loser. Should've listened about tethering up and looking into that jigstack.

I was waiting for a bigger dump but is it reversing?

>>29404467
Looks like it.

Wait... You guys didn't buyed the dip?

>>29404760
Whyhte powa

>>29404467
Zoom out

>>29405111
Ironic trips of truth

>>29400608
>Tfw still learning so I don't have buy orders set
>Missed the .90 dip today

Fuck.

remember when /pol/ fudded this coin saying the inventor was black cause he had some italian ancestory..

>buy 2000 algos more at 1.15$ and the price starts plummeting immediately

Like a clockwork

>>29405567
/pol/ fudded this coin because it's going to be the platform to launch fiat-based digital currencies, at first, and the Mark of Satan, later.

Which is exactly why I keep stacking and staking.

They don't call us Alglowies for nothing.

>>29406117
Every Algo you buy is someone else selling

>>29406515

>>29406515
The algo symbol is the tentacles of an Alhoon

>>29406542

>>29406515
i only bought because it sounded like such a zog op

I made it to 5,000 ALGOS today!

I’ve been wanting 5,000 since I started over a week ago. And because the price action has been so shitty for days and days and days. I’ve fucking made it boys.

Fucking stablecoin pos I wanted 10x

>>29406903
It'll get there. It just takes more time when something 10xs because of fundamentals instead of because pump n dump market bullshit

>>29406832
I made it to 550 buying the dip. Poorfag I know, but it's a big step.

Bros I'm feeling FOMO but if I zoom out to 4h candles it looks bad

>>29407499
There's no rush with algo. Just buy a little bit in at a time with the understanding you're gonna hold for a year at least

>>29407499
You might have missed the boat, buy when it goes back down to 0.75p if you can, 0.80p is my upper limit.

>take a quick call at work
>come back and find it dropped into the 90s then shot back up over a dollar

It's not fair bros. I wanted to buy another thousand at sub $1.

>>29408185
>mfw it kept plummeting to under a $1

trac, ftm, ada. maybe soul but I dunno bout that one

>>29405370
The guys Italian

>>29409088
yes, hitlerdubs, we know the italians were on your side

Bitch I got dat Algo

>>29400608
Lol converted this garbage to grt have fun fsgs

>>29409644
based and checked

>>29409644
jew here. this is cringe as fuck.

>>29410112
who let you out of the oven?

>>29410112
normal person here, being a jew is cringe as fuck

Will it go below $1? I'd grab a few then

this coin absolutely ruined me, I am most likely going to be living in a van by the end of the week. fuck algorand, gay ass project, gay ass coin. as long as it is over 0.4 it is overvalued, get out while youre still up if you are up.

>>29410643
Isn't this project supported by Gary Gensler? That seems very bullish to me

>>29410643
don't invest what you can't afford to lose, and don't buy the top. simple as

>>29400608
can you make a NFT with algo?

>>29409644
based but on the other hand how can we fly high without jew money?

>>29410643
Lol get fucked idiot. Just Got 15k more

>>29410112
Oy vey.

when dis shit gonna moon

>>29412621
10 years

>>29411288
https://www.youtube.com/watch?v=2D3SbYzzJLc&feature=emb_logo

Gensler namedropped Algorand back in 2019 (at 45.45 of the vid). He is now chair of the SEC.

>>29412621
never

$2 when?

>>29413104

Probably when 80% of other coins (including Bitcoin) triple their prices. This absolute piece of shit dumps harder than other coins when markets dump, and increases only a percent or two in value when other coins have +50% gains. This is the kind of "stablecoin" that it's stable when it comes to price increases, but fucking volatile monster when it comes to dropping prices. I'm gonna hold onto what I've bought (around 4k algos) and keep staking them, but I sure as hell wont put another penny of my own money to this coin.

>>29409644
God damnit now I have to sell

>>29413934
please. please. all sell. all sell now.

>>29413934
just send it to me instead lol

>>29412802
Damn bro! That is fucking fire, he basically hinted at what ALGO is going to be used for.

>>29406542
everyday
>80% buyers
>20%sellers
The pressure is only building for lift off

>>29409644
Algo symbol gives me some nazi vibes, dunno why.

>>29400608
I looked into Algo, what is so special about it? I looked into so many projects, nothing inspires confidence in me.
Shill me algo or some other coin please

>>29414248
Algo is going to be the world fucking bank

>>29414335
it is beautiful logo. Its like a monument of stone.

>>29400608
On;y have 120 ALGO (bought in at 40 cents)
Was going to buy more, but now it's too expensive and the gains will be minimal.

Where is the link to uniswap.

Also seen $MCM

Good or not?

>>29406515
Yep.

>>29414467
The chair of the SEC has mentioned it. That's a good connection to have.
I currently hold 0 ALGO though

Bought a bunch at this morns dip. Zero worries. You just take your time ALGO

>>29414792
The pumpamentals don't seem great. I don't care what could do great in 4-5 years, I only care about what could do great these months.

>>29415307
ngmi

>>29415307
They fuck off to another board pleb.
This is for long term Holders of ALGO

>>29400608
>30% gains
so..like..we recover back to where we were last week? sick gains bro.

>>29415549
Hold my dick please too.
I said shill me algo. Can it to a x2 by next week? Or you just wait like a retard like Celsius holders?

>>29414467
You must not have looked to far. It solves the blockchain trilemma and it’s team and business are top notch.
We really don’t need you dude, you seem more like a binance coin pleb to me.

>>29415671
When the bear market hits, if you have money you can buy this coin at 1/10th of the price.
That's why I said hodling like a retard for 5 years hoping that it will be mainstream doesn't mean anything THIS year.

>>29403114
I swing trade a small amount of it with relative success. Stake about 10k and swing about 1k. Most weeks I come out up around 150 algos.

>>29415782
Then just wait for that 90% dip and buy it then. Until then fuck off.

>>29415782
The bear market won’t affect this coin like you think it will. It’s not ever going to drop below .93 again, look at the support at that level.
It will only rise then correct, rise and correct. Always ending higher than it was before,

>>29415782
Problem is that's what everyone else is thinking too.

>>29416079
>>29416248
He's looking for someone to spoonfeed him. Just tell him to fuck off and move on.

>>29416079
Look >>29413844

>>29400608
The only reason I own this junk coin is for the staking.

I’m holding but this shit needs to stop crabbing already.

what'd everyone buy more algo at

I was in the shower and missed the .94 dip but got more at 1.14

>>29416434
fuck off

>>29416456
Are you literally retarded faggot?
It was .35 in December.
How are you this stupid?
Kys

>>29416648
It’s going to be stuck at 1.14 for the end of time. I’d sell if I was you.

>>29417523
They expect 10X every week. Let them stick to the animal and food shitcoin pump and dumps lmao

I bought 2.5k of this shitcoin during the Yellen Fud Special. Why should I keep it?

>>29406661
isn't that just a DnD Mindflayer? (Illithid)

>>29406542
When I take a piss, I'm evacuating my bladder of piss. Why do people say stupid shit?

>>29400608
Can this go down to 0.75?

I would literally kms after today if i had this coin, you fags are crazy

>>29418519
Yeah it can go down to fucking .10 it's a completely centralized shitcoin made by a retarded Italian scammer.

>>29400608
Hodl? I had a stressful swing this morning and increased stack by 100 algos. Little comfier since.

>>29418712
Tokenomics are shit I know but it has the best tech in all the crypto ecosystem.. I'm just trying to buy this coin below .80 so I can sell it at $1.80 and then start again. It was designed to work as a stable coin, The Algorand Foundation basically works as a central bank.

What is a make it stack? What is a suicide stack? Can we get some agreement on these numbers please.

>>29406515
Schizopill me on algorand, all I know is that the digital dollar will be built on top of it

>>29412139

>>29419099
I regret buying the dip.

>>29419332
I'm almost Rebel Wilson fat.

Some of you might remember me donating like 1k Algo the other day to some Brazilian and few months back I donated another 1500 to another 3rd worlder. Jokes on them since I knew it was going down

>>29419270
200k and 10k respectively

>>29419523
Got em good anon. They will never recover

>>29419302
Glowies know

I sold 2 days ago :)

>>29418712
Mama Mia!

>>29414467
They have gone on record saying they are in talks with 13 central banks

>>29419600
I have 23 algo from the coinberg algo rewards. Will you goys be swinging some of those gains into XRP?

>>29417782
alhoons are mind flayers that reject elder brain assimilation in order to try to become a lich

>>29419600
tell me why the fuck this would be worth anything if the fed issues money on it? why wouldn't they keep the token price low?

>>29420585
How can you keep something low that grows in marketcap? Even if they continue to dump tokens into circulation there's a cap. They can only do so much.

What does this boring shitcoin do?

>>29420800
solves the blockchain trilemma apparently

>>29420985

So the tech and team seem to be very good and the only bad thing about this are the tokenomics and everyone's projecting it to be some sort of a stable coin, right?

>>29421379
Yeah I don't get where this meme comes from. The only rationale I've heard is "because the team dumps to keep it from running up too much", which is a pretty weak reason.

>>29406515
I prefer Algonaut

>>29412802
Posts like this give me legit hope I'm going to retire in a few years off Algo. I'm mad at myself for not getting in a few years ago, but hopefully I can fuck off somewhere warm and not play email tag.

I need it to dump to 0.7. COME ONNNN

>>29421969
Also the SEC thing is also very tempting. Every other crypto could get raped right now by the government

>>29422995
What's the SEC thing? Some big boy from Cripple foundation runs the SEC now, if that's what you're talking about.

>70% buy pressure
>dumps
something smells awfully jewish about this

>>29422995
>>29412802

>>29423073
>>29423547
Quoted myself by mistake lmao

reached 50k algo club today.
next stop 100k.
wish me luck.
was 15k algo last week.

>>29423481
SILVIO BETRAY

>>29412802
holy shit, he name dropped algo as the "native" currency of the multi-use future. Algo is truly the coin that glows in the dark. Making me feel like my stack is going to make it one day. The big bois are endorsing it, the stablescoins are already using its infra, buy % is consistently above 65%, how tf is this coin still under the radar?

>>29419600
3168
888
24
1

>Not getting tax return until March
Please stay dipped until then

>>29412621
Its specifically designed to not moon. And yeah sure you can get fucked up drunk on a jug of cheap cider and a pack of yeast in a few months. But wouldn't you like to wait a decade and then uncork a gigantic barrel of a delicious decade old whiskey and sip it straight next to a fireplace? The world of finance is a marathon not a sprint.

>>29424520
The foundation can only dump their tokens for so long. Once they dump their entire supply, they cannot do anything anymore, and the rocket will have liftoff.

>>29424718
Yep.

>>29424718
So my point still stands, point being its still early to get in but this coin is a long game. And the more ALGO you have going into the 2030s the more you're gonna make it

Serious question: does anyone actually give a shit about decentralization? Normies, corporations and governments don't and they're like 95% of the economy.

>>29425299
governments are the antithesis of decentralization because they want to track any sort of money or property for a variety of reasons not only to get their tax cut from transactions

>>29419332
Dude, stop fucking posting this retarded trash.

4.7K ALGO chad reportin for chadding. Making 1 algo a day in stakin, gonna feel nice when they hit $100

>>29426374
you think it'll ever reach a price that high?

>>29426534
If ETH collapses, yes I personally could. If not then I'd put it at about 25~30

>>29419270
>What is a make it stack? Probably 100k.
>>29421969
>Yeah I don't get where this meme comes from. Wat. Look at the market cap growth to price ratio

>>29425299
The only people who gives a shit about decentralization are those who are evading taxes and/or using crypto in the black market. Prove me wrong

>>29426662
That means it's stable against upward price swings, not an actual "stablecoin" like DAI or USDC.

>>29426309

bs

>>29421379
>>29422408
>>29424132
>>29424520
In the west, it doesn't matter how decentralized something is, sorry. I'm actually invested in ETH the same amount as I am in ALGO but I'm more confident in the longterm about the latter. The tech is the best and if it can get a more 'trusted' institutional position than the smart skinny 19 year old anarchist, the pedophile, and the rest of their ilk, (and given the founder is buds with the head of the SEC, that seems like an easy proposition), then it will absolutely take off. TRUST. That is the key.
Looking at it's market cap growing at a rapid clip and it's stable in price. Is exactly the kind of thing that makes an institution and the boomers that run them trust it, because they know its not just some magic speculation device internet shutins fuck around with. So just accumulate, let it pick up interest, and once we get close to the supply cap the institutional demand for it will have materialized and we'll all be rich.

>>29426534
I think it's inevitable, mainly for political reasons, and secondly due to pure specs superiority.

>>29400608
God fucking damn it spent all my money on this a week ago couldve got a damn discount right now FFFUUUUUUUUUUUUUUUUUU

>>29427298
Yeah good point about the boomers. They hold the wealth and they will feel more secure with this project than any other

>mfw moved my 0x to algo last week.

>>29426743
DeFi is necessary to keep money out of the hands of centralized banks that: 1. gamble with your money and then get away with it when they lose because they're "too big to fail" 2. are ripe targets for cyberattack 3. are generally inefficient, costly, insecure and slow

DeFi also allows democratized finance, meaning that people in third-world countries can also have access to first-world financial instruments. It divorces people from having to rely on antiquated local banking systems to e.g buy a house or start a business or yes, even invest. What's really exciting are all the apps that can be (and are being) built on top of the ALGO network. That's where the real potential (yet untapped) lies. I myself am planning to develop one related to my field, once I finish my studies

>>29419383
based /plg/ poster

>>29400608
I got some other good news that I didn't even know, and that my ALGO staking on Binance.us is calculated DAILY. According to their FAQ, the rewards are calculated daily, but distributed monthly.

ok fuck it life is too short; just bought a 1k stack.

now -- what the fuck did i just buy??

>>29419332
this is fucking amazing
>>29426309
shut up faggot

>>29400608
just bought some today. what am i in for?

>>29430703
you are in for financial ruin

>>29430747
t. bought the top

>currently at 1 ALGO a week in rewards

>>29410112
I fucked a jewess last night. She didn't have huge milkers though so I demand a refund.

>>29431016
How do i get sheckles for hodling ALGO?

>>29432270
ALGO pays 6% annual divvies which you are either given after every transaction or the service you're using, such as Coinbase, pays out on a regular basis. If you keep your shit on CB, you have to manually select ALGO awards in settings. You have to be holding a significant amount to even hit what >>29431016 is getting though.

>>29431016

>>29432677
It's 8% if you hold it on their wallet instead of an exchange iirc

>>29432775
fuck I didn't know that, thanks fren

>>29427298
Solid post there anon, along with the other explaining the SEC relation aswell this gives me hopium. I am just starting out at my new job at 15$ an hour in bumfuck midwest. So I hope to accumulate this coin.

>>29432809
https://www.algorand.com/wallet
https://www.algorand.com/
the official 1.


get a pen and paper and make a few keys.
and hide that shit.

https://algoexplorer.io/
check out the tools on this 1.
check out calculator.
it is amazing.

im long on algo but this shit got a ways to fall. on the hunt for cheapies.

>>29433661
oh yeah. there is way more out there.
the whole point of this 1, is establishing a good chunk to get some decent steak.

anyone with 300k+ from last season is comfy for the rest of theirl life with steak alone.

GO BACK DOWN I DIDNT BUY THE DIP YET

>>29410643
FUD me harder daddy