[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 20 KB, 936x500, Algorand-banner-1.jpg [View same] [iqdb] [saucenao] [google]
29849585 No.29849585 [Reply] [Original]

Is it a good idea to invest in Algo? What is its use case and will there be anything coming up that will likely spike the price?

>> No.29849959
File: 214 KB, 530x484, 1614423566339.png [View same] [iqdb] [saucenao] [google]
29849959

>>29849585
It's a long term hold instead of a pump and dump scam. You should be accumulating now and then forget about it.

>> No.29850912
File: 160 KB, 1035x666, bitch-i-got-that-algo-proof.jpg [View same] [iqdb] [saucenao] [google]
29850912

>>29849585
yes. if you don't get in now, you're choosing to stay poor.

>> No.29851151

it's been steadily rising even through the dips, I wish I wasn't a poorfag so I could put more than a couple hundred into it

>> No.29851226
File: 166 KB, 680x566, apuicecream.png [View same] [iqdb] [saucenao] [google]
29851226

I sold my 15k stack at 97c to buy back at 90c
laugh at me

>> No.29851385

>>29849959
this algofash aesthetic has really taken off

>> No.29851490

>>29851226
Not only did you sell low, you lost your stake forever. Sorry former algobro.

>> No.29851643
File: 138 KB, 1200x630, al-gore-and-silvio.jpg [View same] [iqdb] [saucenao] [google]
29851643

>>29851490
going forward, let's not even acknowledge people like this.

>> No.29851750

>>29849585
Non shill here. Algo went from 1.80 to .80 in a few days. It's probably not even going to hold 1usd and is expected to go down to as far as .50 cents. If you want in wait for it to drop to that price.

As far as projects go the coin has USDT and usdc running on it but so do other coins so that means nothing.

Afaik there is no killer app running in the algo blockchain , so untill there are signs of a dedicated community of people building on algo id stay away from it.

Buy into it if you are okay with never seeing your money again for at least 3 years.

>> No.29851869

Waiting for 0.5 to buy more

>> No.29851940

>>29851385
no it hasn't. its the same few idiots shilling it over and over

>> No.29851997

>>29851750
So basically, this tech that has no use case is currently worth US$11,500,000,000.

Yeeeeeeaaahhhhhhhhh.... i think i will stick to undervalued stonks with high cashflow and low debt thanks.

>> No.29852063

>>29849585
The founders are MIT which unironically means govt/intelligence connections. If you can't beat the glowies, join em and ride the tide of inevitability

>> No.29852077

>>29851750
>non shill here
faggot opinion discarded.
>>29851940
hello samefag.

>> No.29852107

>>29851997
https://www.algorand.com/what-we-do/use-cases

>> No.29852147

>>29851490
>you lost your stake forever
explain?

>> No.29852150

>>29849585

Buy bancor. It's a superior alternative yet to fully moon

>> No.29852158

>>29849585
Price going up, yep time for biz to buy!

>> No.29852236

>>29849585
I wanted to buy this piece of shit today morning when it was around 1.03, now it's 1.15. should I FOMO in? Or wait?

>> No.29852244

>>29852150
I'm in both

>> No.29852298

>>29852063
Exactly this, algo may be the most jewish token ever and with establishment on its way to cribdo is very bullish.

>> No.29852395
File: 59 KB, 580x581, algomilky (3).jpg [View same] [iqdb] [saucenao] [google]
29852395

Now with 8% APY milkers!!

>> No.29852403

>>29852244
>>29852298
It's also partly why I'm in Israeli-backed BNT. I wish I were kidding

>> No.29852442
File: 437 KB, 636x580, Algoreich.png [View same] [iqdb] [saucenao] [google]
29852442

>>29852403
That's why I'm loving the memes. Ride the tiger motherfuckers

>> No.29852475

I am a buyer at 35 cents for $10k

>> No.29852490
File: 177 KB, 480x360, buythedip.png [View same] [iqdb] [saucenao] [google]
29852490

>>29851869
see you in the dust sucker! last week WAS the dip

>> No.29852517

>>29852442
>jews and nazis working together to gain more traction and raise the price
Wow

>> No.29852635

>>29852442
>150k Algo

>> No.29852640

I bought some on coinbase this is my first crypto when do I get rich

>> No.29852710

>>29852640
2030

>> No.29852778
File: 136 KB, 2100x1100, 0186341341348.jpg [View same] [iqdb] [saucenao] [google]
29852778

>>29852635
Chad as fuck
>>29852640
Ever heard of the 2030 Agenda?

>> No.29853070

>>29852778
okay that's not tomorrow though?

>> No.29853108

>>29853070
you're in for a rough ride bud

>> No.29853199
File: 31 KB, 529x312, basedalgomemefren.png [View same] [iqdb] [saucenao] [google]
29853199

>>29849959
that's the dankest biz meme of the day by far.
POWERFUL. & CORRECT. 15% on the daily!

>> No.29853214

>>29849585
I'm selling half of my stack and buying back in when it dumps again to sub 1$, still want to make a decent profit but I'm not gonna sit here and let it dump overnight and lose money

>> No.29853221

What's the coin distribution like? How much do the devs hold?

>> No.29853288

>>29853199
i only have money for a small stacklet of 2000. am i going to make it bros?

>> No.29853345

Yeah man, buy something that just mooned 20% in the last 2 days then sell it low

>> No.29853560

>>29853288
How does a tropical island villa sound, but in 2030?

>> No.29853565

>tfw bought the algo top

>> No.29853768
File: 46 KB, 432x350, 338542B0-7EBF-4732-9514-50FBCF1F845F.jpg [View same] [iqdb] [saucenao] [google]
29853768

>>29849959
>>29851385
Unironically FUD posting with the fash bs, gonna end up like the xrp schizo’s with the muh trump but muh hitler. Might not have an effect but natsoc is not a popular opinion outside of this belizean snorkling board so why even link it to that in case it did? Only negative repercussions will come from that in this age of cancel culture you stupid low-iq mouth breathers

>> No.29853789
File: 66 KB, 737x885, Dy4x1gfU0AAB6gg.jpg [View same] [iqdb] [saucenao] [google]
29853789

okay, this is the only thing carrying me out of red rn
in at 77

>> No.29853919
File: 95 KB, 1884x1144, 1594506301735.jpg [View same] [iqdb] [saucenao] [google]
29853919

>>29853288
fren.. i dont know. if it is 2k moneys..
probably 6k-10k moneys in some years...2k to 20k .. hmm. by 2031
maybe before then fren.

i still psychologically see algo like a 0.25-1.00 coin.
but i think that outlook is a few months dated now.
if algo stayed at $1.00 forever, i'd still be ok with it..

>> No.29854027

>>29853768
and this is why yngmi you humorless fag

>> No.29854112

>>29852147
Am curious what you mean by this too

>> No.29854212
File: 393 KB, 486x485, 1611854745009.png [View same] [iqdb] [saucenao] [google]
29854212

>>29853768
Jewish hands wrote this.

>> No.29854246

Max supply, 10 billion
$100 per Algie puts it at BTC's current market cap in 2021
$1,000 puts it at BTC's 2023 value
$10,000 per Algie at BTC's 2028 value
$100,000 per Algie is what it'll be at when it passed BTC and ETH and takes over as the #1 coin 5-10 years from now
$1,000,000 per coin coming frens
:)

>> No.29854606

>>29854246

You guys do understand algo wasnt ever supposed to be over $1 right?

>> No.29854630

>>29854027
>unironically thinking any of this fash shit is funny

God fuck you people. You are literally an investors worst nightmare. Im just praying that normies dont find this fucking shithole.

>> No.29854814

>>29854246
I can actually see ALGO and XMR serving complementary roles long term. ALGO is stupidly easy to buy, sell, trade, stake, etc., but it's all very public. Think of it as crypto cash. XMR is like a pre-cucking Swiss bank account full of currency and PMs - less liquid, but good fucking luck to any goobernment that wants to take it from you.

>> No.29854956

>>29852147
>>29854112
Fear of buying higher than he sold his ENTIRE stack will prevent him from rebuying untill the fomo urges are to great where he will buy the top again

>> No.29854977
File: 93 KB, 1024x697, 896D823F-9D6F-425A-85CE-8C2D95FCAEAF.jpg [View same] [iqdb] [saucenao] [google]
29854977

>>29854027
>>29854212
Not humorless nor jewish, but I do like money, and I’m willing to bet neither of you are either white or in good shape. Literally couldn’t cut it in Nazi germany much like you can’t in the real world. Have sex incels.

>> No.29854985

>>29854630
It was funny at first but now it’s just ultra cringe try-hardy

>> No.29854994
File: 253 KB, 1432x1080, 72CDE6DF-682C-49C6-88B0-2DB08B2E2882.jpg [View same] [iqdb] [saucenao] [google]
29854994

These ALGO SS memes are extremely dank lol

Could we add in some Legend of Galactic Heroes?

>> No.29855257
File: 528 KB, 2048x1304, C1E8E2FB-1A76-40A9-B2DF-CF694FB8AD10.jpg [View same] [iqdb] [saucenao] [google]
29855257

>>29854985
Feels really inorganic, almosted like coordinated fud honestly

>> No.29855732
File: 2.53 MB, 1600x1067, 1614405578177.png [View same] [iqdb] [saucenao] [google]
29855732

>>29854994
I still haven't watched that series. I probably should.