/biz/ - Business & Finance

>>30197532
I need MORE ALGO! I only have 40.. will this moon soon? I wanna buy more but would wait if it is going to drop again.. I don’t have much money tho :(

>>30197806
I use it as my savings account, it's anti pump & dump you might be lucky, until people realize the new SEC chair is in bed with Algo

>>30198251
What happens when people realize said theory? Will it moon or dump?

>>30197532
I’ve been waiting for those Algo milkers all morning. $1.68 eod.

>>30197806
>will this moon soon?
Heads up, lots of news still on the way but you want to be loaded up before the 12th, that's when the 30day average passes the last time we mooned and Algo won't have growth resistance from accelerated vesting.

>>30198857
Good to know. What’s a good amount to put in each week would you say? I’m poor btw

>>30198472
People are already starting to realize the SEC head nominee is connected with the founder. Time is running out if you haven't loaded already. 2 days ago PayPal acquired Curv who made a contract with using the Algo infrastructure. Bigger news still on the way but if you haven't loaded by the 12, you'll be left behind.

>>30197532
I figured out why the sudden FUD as if it were planned or coordinated.
The foundation wanted the distribution to be "fair" which is why the early stage tokenomics look horrible. They are egalitarians, they believed that in a proof of stake system it has to look as if it is fair, so that's why they built it this way.
>BUT MUH COOF-19
the pandemic accelerated everything in life, especially the banks interest in a cashless grid. It's looking like Algorand is fully onboard the idea to provide a solution for that.
But this accelerates their road map by a few years min.
The last thing they want is to have their coin take off 4 or 5 years before the road map.

>>30199016
Put it what you can afford but the floor will be riding fast every day. There's more exposure tomorrow, the 9th, and 15th as well. There's a reason we're one of the only coins still green will BTC dumps.

>>30198472
Honestly depends on how the alphabet boys play it, and at what point mainstream discussion occurs, if that happens at all.

>>30198857
>Algo won't have growth resistance from accelerated vesting.
are we sure there won't ever be accelerated vesting? and isn't overall that a good thing? to accelerate the distribution so it brings launch time closer?

>>30199023
how do you know what you know?

algo and grt are the only greens i have today, comfy holds boys.

>>30199111
trips of truth

>>30199089
You might be onto something, MIT just emphasized in an article I read yesterday that minimum wage is a failure because minimum wage throughout the whole country isn't enough to provide a decent living and they with the upcoming head chairman of the SEC who is also a professor at MIT (just like the founder of Algorand) is looking into a solution for the current unfair financial state of the USA as it's been realized keeping the system the way it is will be a guaranteed way to crash America.

>>30199149
Accelerated vesting will still be a thing until the reserves run dry but it's an automated system based on the 30 day rolling average. Look at what happened on February 12 and ask yourself how that will effect the 30 day average.

>>30199089
Well, the other thing is that if it takes off too early the 8% APY goes away. The entirety of that promise is based on pulling from the reserves. If people and banks rush to buy everything up, the reserves get emptied quicker and this thing moonshots before they can finish cutting deals with governments. It works in their favor for ALGO to be a hit, but it also fucks their entire plan of slow rolling this thing.

>>30199218
IYKYK

>>30198857
Isn't the 11th when (((Early backers))) dump?

>>30199507
got any good info about the boston fed and mit working together on shit?

>>30199331
>realized keeping the system the way it is will be a guaranteed way to crash America.
I don't buy any of this bullshit but I'm still holding algo. and that clinton stooge can go fuck himself, he doesn't have any connection to the project and Silvio is on sabbatical from MIT to work on this.
I'm not sure if you actually believe a clinton/biden technocrat can save the country or not, or even if it needs saving. But I actually do not trust that aspect. There is an under side to all of this which is dark.

>>30198857
Every fucking day I swear to god some soothsayer has to chime in with this bullshit.
>just wait, big news next week
>some date in the future
>top secret partnership in the works
Not even fudding as I own a stack but this is such an overhyped clown coin

>>30200301
2 more weeks and all will be revealed
trust the plan

>>30200472
>two more weeks bro

>>30200472
>two weeks later
>up 6 cents
>see I told you to wait
thanks anon, please come over in a couple weeks so we can drink champagne and eat caviar

>>30200301
I'm no soothsayer but I believe in the bene gesserits. No future is solid though, even then plans take time, don't expect a 1000x or even a10x but a 2x is possible month to month if demand holds.

>>30200565
RAMIREZ
ONE LAST BOOF
MAKE IT COUNT

>>30200936
ngtmi

>>30199293

I think the best thing is to accelerate

>>30203497
"pure" and "borderless" are contradictory ideals correct? wouldn't it be hard to engineer something is truly both?
anyone else notice this?

>>30203834
Who cares. What matters is that ALGO is going to be the infrastructure for the NWO ZOGcoins. The fact that it isn't even on schizos' radars yet is bullish as fuck.

>>30204222
alglowies know

>>30204222
If it really is a permissionless economy, then they should have no problem seeing "the alt right" using it. Every financial institution connected to them are harassed or threatened until they are dropped as customers.
Accelerationist choice should be to demonstrate how easy it is to open up an algo wallet and start collecting donations, for anyone.
(or at least until the foundation corrects what it REALLY means to be "premissionless". After all, there are entire countries barred from using Algo)

the pipe hitting hood niggas told me
this was where to invest in some amazon prime rib bucci.