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File: 117 KB, 242x334, italian-wizard.png [View same] [iqdb] [saucenao] [google]
21838517 No.21838517 [Reply] [Original]

CHECK THE HECK IN HERE.

>> No.21839123

>>21838517
i got 800 algos will i make it fren

>> No.21839276

>>21838517
1111 stack reporting for duty

>> No.21839471
File: 289 KB, 499x501, luigi.png [View same] [iqdb] [saucenao] [google]
21839471

>>21839123
it's better than none. keep stacking. suicide stack = 10k.
>>21839276
looking good. keep stacking.

>> No.21839559
File: 424 KB, 1242x2688, CB17EB81-C435-424C-BF7B-6B8F3F4BBA6F.png [View same] [iqdb] [saucenao] [google]
21839559

>>21839471
>>21839276
>>21839123
wtf I have 29k y’all need to catch up

>> No.21839667

i was super into algo until i realized its 58 relay node operators will own 3.1b algos (1.9b$) @ current valuation... for renting an AWS server. ive been watching their wallets you're all getting dumped on

>> No.21840067

>>21839667
>super into _______
you need to go back

>> No.21840201
File: 30 KB, 1217x425, Algo Distribution July 2020 Revised.png [View same] [iqdb] [saucenao] [google]
21840201

>>21840067

shitcoins have more upside

>> No.21841103

>>21840201
You upset that Apple is going to do a stock split? How about Tesla?

>> No.21841185

>>21839559
Nigger are you not staking your ALGO?
wallet.myalgo.com/

>> No.21841367
File: 64 KB, 932x550, LfxsugRT_mid.png [View same] [iqdb] [saucenao] [google]
21841367

>>21841103

u bought their auction at $3/coin didnt u

>> No.21841517

>>21841367
No. But I did trade from .20-.35 and then when it dipped to .29 I went all in. Sounds like you're projecting a bit, swingie. You ok?

>> No.21841933

>>21841517

just tryin to help. tech is good but the distribution is so cancerous that it wont moon

early relay operators were vesting 3.2 million algos daily, so each one $12.5m/year. one org apparently runs 9 of them. running an aws instance doesnt cost that much. go look at the list of relay operators on algoexplorer. thats not counting the massive premine. just selling the daily stake youd rake it in

might 2-5x (doubtful) but itll crab along while the operators aka foundation dump and say "muh MIT"

>> No.21842501

>>21841933
Appreciate it, and checked. The thing I'm bullish on is if this is used as an actual STO platform: https://algoexplorer.io/address/KJ6VYMLHYDH6FQT6UPFFIBVMJDZP3UIXUQD65AW44DIXZVLX7BIP6GY6VI look @ the latest transactions on that. all fresh, and all testing asset transfers: https://algoexplorer.io/assets.. to me, this will be HUGE way bigger than a platform to build random dApps on, imo. I agree the original tokenomics of this thing sucked for the ICO investors. Avalanche seems like it'll dump hard, too and experience a similar winter like this coin did. I see ALGO doing 10-15x within a year.

>> No.21843214

>>21842501

i completely agree and i'm still a fan of algo, i just dont know how they fucked up their tokenomics shit so bad. what the fuck were they thinking? i guess its endemic to proof of stake (aka nothing at stake). for now i'm going to look at algocoin itself as a utility token rather than an investment like ethereum, which is at least mined. they also need to get their shit together on decentralization before im fully convinced, not that theres any point in rationalizing crypto

as you say the value of the platform is in the asset platform. they are one of the few legit "ethereum killers" with the working layer 1 contract platform, besides maybe eos (lol, another centralized pos). they still have a lot of work to do... metamask thing, better decentralization, layer 2 turing complete smart contracts, dev tools...

>> No.21843302

>>21841185
>he doesn't know what delta is...
ngmi anon

>> No.21843641

>>21843214
>what the fuck were they thinking?
My *guess* is (giving the benefit of the doubt), that it could be potentially due to regulations (e.g. ensuring most of the nodes are US based given the MIT connections -- which would actually be incredibly bullish because the US government/public US companies could use it without worrying about takeover -- kind of like how Block one controls a fuck-ton of EOS but they don't actually do shit with to improve the atrocity of the state of that chain).

>> No.21843879

alright boys.
i'm link marine.
i'm thinking about stacking algos for a year.
what am i in for if i hold them for 3+ years.
which sites do i need to bookmark/study.

>> No.21844184
File: 373 KB, 2000x1333, george-soros-michael-ludwig-big.jpg [View same] [iqdb] [saucenao] [google]
21844184

>>21843879
1. buy algo on an exchange
2. download https://www.algorand.com/wallet and send to wallet to collect gibs (variable 6-10% APY).
3. block explorer: https://algoexplorer.io/
4. follow https://twitter.com/silviomicali

>> No.21844363

>>21839667
Damn. Did not know this. Good info anon.

>> No.21844452

>>21839667
Addresses?

>> No.21844487

>>21839667
I'm looking at the top wallets. How did you make the connection that these accounts were the node operators?

>> No.21844666
File: 3.82 MB, 196x388, 1594162724202.gif [View same] [iqdb] [saucenao] [google]
21844666

>>21844184
thankyou fren.

>> No.21845383

>>21844487

https://algorand.foundation/updated-wallet-addresses

>> No.21845521

>>21841933
I love how you think you know more than Silvio or MIT and you still have zero understanding of what ALGO is or even what it does.
ALGO is already being used my large Corps commercially.
Betting against MIT And the guy who invented cryptography.
KYS pleb

>> No.21845826

>>21838517
What's the price predictions bros

>> No.21845877

>>21845521

> appeal to authority

you deserve to get ripped off. keep holding XRP

>> No.21846024

170k ALGOchad reporting. Think I'm making about 40 ALGO per day staking, feels so fucking good bros.

>> No.21846048

>>21845877
>he's not holding xrp
cringe

>> No.21846420

>>21844666
>666
THE ALGORITHM IS WORKING

>> No.21846469
File: 1.81 MB, 1204x1370, we_comfy.png [View same] [iqdb] [saucenao] [google]
21846469

>>21846024
oh you comfy huh, anon?

>> No.21846940

>>21846024
larp

>> No.21847029

>>21846940
why would I lie?
>>21846469
I could've bought 500k but pussied out. Big fucking mistake