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/biz/ - Business & Finance

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23493868 No.23493868 [Reply] [Original]

ALGO is the only semi-legitimate cryptocurrency project in the space outside of BTC and maybe ETH. I know it's not flashy, and their marketing is seriously trash, but the team is comprised of award winning cryptographers and mathematicians.

> Have solved the blockchain trilemma
> Founded by a Turing Award winner
> Stateful Smart Contracts are live
> Already working with CBDCs - Marshall Islands
> You get 7% annual rewards for hodling
> IDEX porting over. Tether using ALGO, same with Circle
> Monerium built on ALGO
> MIT virgin nerds work on this

More DEXs are on the way, and rumors of working with other countries for their digital currency needs.

BUY as much as you can under 50 cents and thank me in 3 years.

>> No.23494520

It hasn't pumped at all since BTC went to 13k

>> No.23494922

>>23494520
It really hasnt. 30 cent stablecoin.
Not to mention we still have 9 billion more Algo waiting to entire the supply.
Not gonna make it with this one.

>> No.23495490

>>23494520
Oh you must have missed the insane 2 week pump it had all the way from .28 to .77. Don't worry, next time we're breaking a dollar.

>> No.23495606

>>23495490
Given the supply a 3.5x seems unlikely.

>> No.23495732

Facebook is secretly building on Algo. got info from insider/dev that works for Facebook.

>> No.23495747

>>23494922
9 billion? only 10 billion total supply and circulating is already at 3.5 billion.

>> No.23495753

>>23495732
Hmm??? You wouldn't lie to strangers on the internet, sould you?

>> No.23495764

>>23495490
yea I said since BTC has gone to 13k. ETH is over $400 again and LINK is almost $13 again. ALGO still bleeding to 30 cents and probably under it soon, hasn't even pumped a single penny

>> No.23495827

>>23495753
https://www.youtube.com/watch?v=XfP862hCrDM&feature=emb_title

watch video and look up who the guy is

>> No.23495862

>>23493868
>> You get 7% annual rewards for hodling
I wish.

Current staking is 5.13%
It was 5.65% when I bought in.

>> No.23495875

>>23495764

OP here. The price action has been weird in recent months. Partially due to more coins being in circulation. It randomly ran to 75ish cents off some good news.

This is likely not to 100x, but they have fat $$ and a brilliant team with actual usage already and more on the way. They are the grown ups in the room and imo is undervalued.

>> No.23495886

>>23495862
current is 7.3% you fucking noob

>> No.23495896

>>23493868
coin will be #3 eventually (< 3 years)

>> No.23495900

>>23495862
There was an update last week. It's now 7.3% my good man.

https://algoexplorer.io/rewards-calculator

>> No.23495916

>>23495900
checked
ALGO is a real man's crypto.

>> No.23495918

I looked into buulding on this and its trash

>> No.23495922

>>23495875
I'm expecting it to hit slightly over a dollar. Will probably sell at least half my stack at that point. I didn't put more than a couple thousand on ALGO anyway.

>> No.23496006

>>23495918
Explain, anon. What was your biggest issue?

>> No.23496010

>>23495606
Lol. The supply fud is quite hilarious. Why doesn't any fud stock splits?

>> No.23496037
File: 446 KB, 1068x898, Screen Shot 2020-10-24 at 6.42.47 PM 1.png [View same] [iqdb] [saucenao] [google]
23496037

>>23495827
>mike wong
nigger who?

>> No.23496074
File: 145 KB, 1200x900, ZNN.jpg [View same] [iqdb] [saucenao] [google]
23496074

>>23493868
Just buy Zenon /biz/. It destroys Algo in every respect.

>>/biz/thread/S23337095#p23341186

>>/biz/thread/S23328647

Whitepaper: https://zenon.network/download/whitepaper.pdf

Moonpaper: https://files.catbox.moe/26kuuh.pdf

https://medium.com/@moonpapers/zenon-network-and-the-bad-seeds-d87c01fe9abe

https://medium.com/@plentyfun/pump-the-right-way-zenon-network-c9b1e3d3990e

https://medium.com/@shaimo/the-zenon-enigma-782f8b293bd6

https://twitter.com/https_zenon/status/1220382371159121920

Official Telegram: zenonnetwork

>> No.23496087

>>23495886
5.13%

>> No.23496092

>>23496087
Almost 80% on $ZNN right now

>> No.23496096

>>23496074
nice one currynigger, ALGO destroys all crypto in near every aspect. ISO20022 as well. you're retarded not to see its right in front of you.

>> No.23496138

>>23496074
Looks like no one is using it, anon. Looking at the explorer.

>> No.23496166

lol

80% of this is and always will be locked in staking. the comfiest hold.

>> No.23496197

>>23495490
>the insane 2 week pump it had all the way from .28 to .77
can confirm, sold in the 60's, bought back in at 29, rinse & repeat, feels good

>> No.23496229
File: 100 KB, 642x937, 777.jpg [View same] [iqdb] [saucenao] [google]
23496229

>>23496096
Hyperborean Aryan male here, and no it does not you faggot. Zenon is a DAG and a block lattice that scales better than Algorand, settles transactions faster than Algorand, is more secure than Algorand, and is already more decentralized than Algorand. Also it is quantum-resistant.

I've looked at every layer 1 solution in comparison and its not even close. (Avalanche, Hathor, Algorand, Elrond, Cardano, Eth2, IOTA, etc).

This thing is going to eat the world.

https://zenon.network/download/whitepaper.pdf

>> No.23496259

>>23496138
They are about to launch the Alphanet. You're looking at the placeholder chain's explorer, which is where all the smartanons have already been building a position.

>> No.23496359

>>23496074
Yeah because I need to join some pajeet/chink hybrid telegram and read a bunch of (((medium))) articles before I invest in anything. fuck off with this absolute poop tier project (even that art sucks, lol).

>> No.23496363

>>23496229
Doesn't look that interesting, anon.

>> No.23496381

>>23496229
>Interest in decentralized systems was reignited bythe rise of Bitcoin [1] born in the midst of the 2008financial crisis and paved the way to countless researchinitiatives and innovative technologies in the space ofcomputer science and beyond, with focus in areas ofcryptography, distributed systems and game theory.
Nice senior project, faggot. PSYCH!

>> No.23496400
File: 38 KB, 1157x279, jfdgsdfl.jpg [View same] [iqdb] [saucenao] [google]
23496400

somebody is holding the price down while heavy accumulation going on. we all seen what happened with Link.

>> No.23496405
File: 311 KB, 922x715, Screen Shot 2020-10-24 at 7.10.19 PM.png [View same] [iqdb] [saucenao] [google]
23496405

>>23496259
Looks like I'm looking at the placeholder for a real whitepaper, too. ALGO is a big brain big dick autismo Chad coin. don't come in here shilling that absolute pickaninnie nonsense.

>> No.23496483
File: 133 KB, 1024x656, EPCLzhUWsAAz0bM.jpg [View same] [iqdb] [saucenao] [google]
23496483

>>23496359

Kek they are building quantum resistance into Zenon according to NIST standards so that should tell you something of where this is being built. (Hint: not India or China)

And since they were desperate for VC funds and were secretive as fuck its already way more decentralized than your pleb tier wannabe blockchain.

Stay poor I guess.

https://www.nist.gov/news-events/news/2020/07/nists-post-quantum-cryptography-program-enters-selection-round

>> No.23496513
File: 42 KB, 800x450, oogaboogaaa.jpg [View same] [iqdb] [saucenao] [google]
23496513

>>23496405
Someone must have some heavy ALGO bags.

>> No.23496535

>>23496513
Yep. Packed and ready for the moon mission. Imagine fudding this coin and not holding any.

>> No.23496548

>>23496513
>>23496483
nah shut the fuck up dumbass, i dont want to hear about some fucking worthless vaporcoin from the peanut gallery.

>> No.23496550
File: 1.51 MB, 1516x1516, 1599624045076.png [View same] [iqdb] [saucenao] [google]
23496550

>>23496535

>> No.23496553
File: 272 KB, 2001x1313, TourDeQuantum.png [View same] [iqdb] [saucenao] [google]
23496553

>>23496483
>https://www.nist.gov/news-events/news/2020/07/nists-post-quantum-cryptography-program-enters-selection-round
How does this translate into money? YOU can literally buy stocks on ALGO now. What the fuck can you do with this thing aside from read a blog post where it's mentioned in a list with 25 other "candidates" for some vague thing? Sweet cyclists, though.

>> No.23496581
File: 2.67 MB, 498x498, 12_1.gif [View same] [iqdb] [saucenao] [google]
23496581

>>23496548
This is how there are always people living under bridges anon. Read that whitepaper and compare it to the shit ALGO has shoved down your throat and you swallowed bc youre desperate for gainz. Not to late to pick the winning horse if you're smart.

If you just wanna stay poor as fuck though I can't help you. God bless!

>> No.23496608

>>23496581
imagine betting against MIT... are you stupid

>> No.23496639
File: 56 KB, 502x628, 1591940386035.jpg [View same] [iqdb] [saucenao] [google]
23496639

>>23496553
How it translates into dollars is they have built an almost infinitely scalable solution for Web3 applications, migrating commercial legacy web apps, and its launching with major partners. Also going to be used for scaling Bitcoin microtransactions, and will facilitate real IoT adoption via use of unikernels in a segregated service layer. That last use case alone would destroy any existing L1 solution, including Algorand.

This is going to be a huge deal when it launches and not a lot of people have paid close enough attention. Everyone will pretty soon though. Good luck to all!

>> No.23496648

>>23496608
Lol you idiot look up Tadge Dryja and see where he comes from. hint hint

>> No.23496652

>>23496581
What is it with shit projects always having some 3edgy5me website? Compare websites and foundations. One is straight up business, the other is straight up cringe.

>> No.23496658

250m mcap nigger, no room for growth

>> No.23496664

>>23496652
Lol I obviously can't help you dude. Stay poor and retarded.

>> No.23496666

>>23496639
Literally every other shit coin says the same thing.

>> No.23496715
File: 19 KB, 796x201, space.png [View same] [iqdb] [saucenao] [google]
23496715

>>23496639
In pursue of decentralization they're also going to put Pillars™ in outer space!

>> No.23496724

Do You Ever Give Your Bitcoin to Flaoting Eye Balls and Pillars O fLight???

WooOOoOOOo JACK DONKEY COIN! ELON MUSK CONFIRMED

>> No.23496729
File: 180 KB, 807x532, 1592920189534.jpg [View same] [iqdb] [saucenao] [google]
23496729

>>23496666
Lol no one has even attempted something as ambitious as Zenon, let alone said the same thing. What a moron. /biz/ just look into Zenon and ignore this idiot.

>> No.23496745

>>23496724
^ another idiot. Zenon is an independent project.

>> No.23496751

>>23496745
lmao you faggots shilled here for months trying to insinuate it's "Jack Dorsey's secret project", fuck off

>> No.23496776
File: 213 KB, 1400x700, 1-wKWARigNbRMGpOslU7fx6w.jpg [View same] [iqdb] [saucenao] [google]
23496776

>>23496751
All I've done is provided information about the project itself, its use cases, and how its better than this dogshit.

I guess I understand why you'd be mad about that. Kek.

>> No.23496805

>>23496715
Top kek

>> No.23496830

>>23496639
>Web3
Nigger, I've been building websites with CGI in the 90s and have worked at various siliturd valley companies for the past 10 years. Web3 is a meme.

>> No.23496845
File: 558 KB, 678x483, happylittleZNNs.png [View same] [iqdb] [saucenao] [google]
23496845

>>23496805

>> No.23496867

>>23496830
Not a meme for much longer bc we finally will have something that works. Kek you guys are as retarded as ALGO is.

>> No.23496894

is it even worth trying to stake with ~200 algo? (Poorfag here want to buy more soon)

>> No.23497010

>>23496867
Mhmm, fuck I forgot to mention a new team member joined ALGO who....also just want a Nobel Prize.

But yes, I'm sure some shit project who can't even use proper grammar will do better things.

LMAO

>> No.23497090

5.5k algo chad here

>> No.23497118

10k is the make it stack

>> No.23497320
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23497320

>>23496867
>Kek you guys are as retarded as ALGO is.
Yeah, that's probably it. Maybe go into a thread of non-retards next to shill?

>> No.23497386

Im going to hold this for a month. If dont pump, I will dump.
This coin had appeared in a chart featuring ripple, stellar and the IMF, plus some banks. So there is a suspicion it will not go anywhere.

>> No.23497463
File: 12 KB, 258x245, 354deaa3770912621bb816da070346ab.jpg [View same] [iqdb] [saucenao] [google]
23497463

>>23496074
What happened to this being Jack Dorsey's secret twitter coin? Moved on to a new line of bullshit after that failed?

>> No.23497512

What are reasonable price expectations for 2021
$1?
$10?
$100?
10k algo holder here, but I have 200k ADA as well and Im thinking about moving more to algo

>> No.23497596
File: 814 KB, 3840x2400, 1600653377013.jpg [View same] [iqdb] [saucenao] [google]
23497596

>>23497463
Comfiest hold in crypto rn. Stay poor.

>> No.23497611

>>23497386
Smart move anon. This ALGO dogshit is going straight into the toilet.

>> No.23497652
File: 37 KB, 825x360, jdslf.jpg [View same] [iqdb] [saucenao] [google]
23497652

>>23497512
this should convince you to convert to Algo. Charles sees Algo as strong competition.

>> No.23497715

>>23497512
Between .75-1.50 anon

>> No.23497777

>>23496894
Staking is automatic, so you don't really have a choice. Just accumulate.

>> No.23497949

>>23497777
Fucking checked, lad. Don’t forget to compound!

>> No.23497974

>>23496666
checked

>> No.23497992
File: 2.56 MB, 300x424, smartestmanintheworld.gif [View same] [iqdb] [saucenao] [google]
23497992

>>23496666
>>23497777
algodigits aboslutley based as fuck

>> No.23498025

>>23497118
Got some ways to go then, currently at 1.5k

>> No.23498049
File: 7 KB, 287x176, operator.jpg [View same] [iqdb] [saucenao] [google]
23498049

ALGOrhythm check

>> No.23498058
File: 98 KB, 1000x750, ALGOcomfy.jpg [View same] [iqdb] [saucenao] [google]
23498058

>>23498049
It's working anon.

>> No.23498095

>>23497652
Knowing Hoskin' I bet he's internally seething

>> No.23498228
File: 946 KB, 1125x858, eok3sn5[1].png [View same] [iqdb] [saucenao] [google]
23498228

>> No.23498385

>>23498228
Why doesn't /biz/ ever talk about XDC?

>> No.23498411
File: 1.10 MB, 1024x742, 1590336761248.png [View same] [iqdb] [saucenao] [google]
23498411

>>23498228
I love how this image has never been sourced but people act like its real or relevant. I'm bullish on ALGO, but don't let your desire for hopium blind you.

>> No.23498540

Where do I buy this Zenon coin?

>> No.23499301

>>23493868
ALGO
DO IT
888

>> No.23499318
File: 30 KB, 450x336, images.jpeg.jpg [View same] [iqdb] [saucenao] [google]
23499318

>>23493868
ALGO
HAS
AUTHORITY
3168
888
FLIP
SWITCH

>> No.23500052
File: 104 KB, 800x1000, Ed3OV-4UYAECm35.jpg [View same] [iqdb] [saucenao] [google]
23500052

>>23496513
>18 posts by this ID
Never marry your coin, retard. You sound like an autistic sperg defending your shitcoin til death. Shitcoin is shitcoin. ALGO is one of them, but it is a decent shitcoin with a potentially good future, so it's stupid not to hold a bag of ALGO before it's eventually included in the Top 10 Coinmarketcap.

>> No.23500694

>>23498385
This boards to low iq for it, and the exchanges are confusing. They'll be all over it when it blows to .08-.10 in the next month or two.

>> No.23500894

>>23500694
Guide to buy it? Read into it but not a simple exchange buy. Alternately I just get more xlm? Have 4.5k now

>> No.23501649

>>23495490
>1.5x
>insane
lul

>> No.23501733

>>23493868
>ALGO is the only semi-legitimate cryptocurrency project in the space outside of BTC and maybe ETH
false
>Have solved the blockchain trilemma
false. there is no solution other than balancing a set of compromises you embarrassingly stupid brainlet.
>Founded by a Turing Award winner
who has his head so far up his own ass that he thought he was also qualified to design the tokenomics for the ecosystem, resulting in complete disaster - to this very day.
>plus side
it is a decent project with long term potential to live in the top 30

>> No.23502045

>>23496087
>>23495900
Where do you do your staking?
Can I through my ledger like Tezos? Doesn't appear so...