/biz/ - Business & Finance

youre not supposed to hold alts from years ago

>>55271492
a lot of the narrative around it was that it was the compliant fed coin that Gary Gensler himself has blessed, and then he comes out and directly calls it an illegal security lmfao

>>55271492
Gary is just filling his bag up

>>55271492
>I guess the bitcoin maxis were right
Said the desperate Bitcoin maxi

>>55271492
Switch to a real project with an actual proposal OP. Godspeed.

>>55271492
They weren't right, ALGO was just a fucking shitty token. Last cycle minted many millionaires, ALGO baggies just got fucking poor because they are midwits

>>55271896
cope. never going back to above 0.50 ever again.

>>55272872
kys baggie. Avax is another midwit trap. It's already a dinocoin and won't get back to ATHs

>>55271492
reddit coin

>>55271492
Algorand is run by an incompetent and largely out of touch foundation that dumps on retail
>>55272872
You’re just another shit coin

>>55271492
Op doesn't like money

>>55273756
if you ever held algo at a loss you hate fucking money, literally the worst preforming L1

>be mid life.
>.5m crypto portfolio.
>multiple women coming around
>life on track. in my lane.

>1,5 year later

>2 year relationship end
>probably 20k
>irs saying i make 100's of grands
>withdrew 1/8th of initial to fiat.
>worked and invested all that time in hazardous dust enviornment
>lung cancer
>lose job
>0 income
>get foodstamp
>portfolio probably 15-20k
>pay off car insurace for the year
>put aside 1.5k to live on for the summer.
>hope i find a job before time runs out
>if go broke. sui.
>if find job. persist in hell.
>average time to find job in my life?
>4 years
>autistic
>think socializing with strangers is perverse
>very hard to function.
>lose only person i loved/trusted
>she became like the rest.
>have to run away from woman
> start living out of a barn and take care of horses
>for free.
>like a fucking jannie
>shidd shoveling for free.
>FUCK. JANNIES
>/entire biz catalog

>>55271492
All time low so far, dont forget that

>horse i end up bonding with is 23
>will probably die soon too

Algorand's problem is it doesn't do anything new. Same goes for almost all smart contract chains. They do smart contracts with tiny amounts of data in them and quibble about who is more decentralized or who does more transactions per second. Important things, yes, but not original and compelling new usecases. BTC gave us sovereign electronic cash (became digital gold because it's too slow and expensive), XMR gave us anonymous electronic cash, ETH made blockchain programmable in a practical sense and Algorand did what exactly?

>>55274107
>and Algorand did what exactly
Dumped VC vested coins on retail endlessly

>>55274107
>and Algorand did what exactly?
see:
>>55271745
and also it's the first Blockchain to openly support and promote trannies and child genital mutilation. Endorsed by the Clintons.

>>55274155
>gets endorsed by Clinton
>tanks
she really is the kiss of death isn’t she

>>55271492
It’s going to go lower

>>55273756
explain why you think it's bullish?

>>55273807
sorry fren, i like horses quite a bit plus i hold algo from 2019

>>55273700
>kys baggie. Avax is another midwit trap. It's already a dinocoin and won't get back to ATHs
cope

>>55271492
Serious question for baggies: what does this do that ETH doesn’t? This used to be shilled as a PoS alternative to ETH, now that ETH is PoS and scales infinitely with L2s, why does Algorand exist?

>>55271492
It's okay this way they will maybe stop donating their way into oblivion.

>>55277895
Think of avalanche as the erc20 standard for spinning up blockchains, with the sybil resistance tech being taken care of