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/biz/ - Business & Finance

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24150297 No.24150297 [Reply] [Original]

You guys realize how much money the jews are spending to keep this thing from reaching 10$ right?

>> No.24150364

>>24150297
The distribution model itself is a fail. No Hebrews needed.

>> No.24150480
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24150480

>>24150364
>The distribution model itself is a fail. No Hebrews needed.

>> No.24150604

>>24150297
Tell me all about it, my bags are pretty heavy

>> No.24150879

>>24150297
It must be the jews. Then there wouldn't be anything wrong with Algorand.

>> No.24150968

>>24150297
This will dominate eventually. As insider reward rate drops there will be some inflection point where the market demand will far outstrip supply and this won't stop mooning.

Do you prefer "mining rewards" that securs the network (in Algo's case algos) go to neckbeards running GPUs over night burning electricity or towards the improvement of the protocol? Algorand does transfers and ASAs extremely well. As they move towards sharded storage and verifiable smart-contracts it will be better than most other fast/scalable contenders. AVAX, ADA, Eth2.0 and Flare are fair competitors, but they all have flaws.

AVAX -> security guarantees only as strong as weakest subnet and Vanilla EVM meme
Flare -> Shitty twist of AVAX onto XRP
ADA -> The roadmap keeps changing that their codebase is a mess, the mainnet that never arrives, though gougen might be interesting if they could deliver good ux
Eth2.0 -> Decisions regarding how tokens were implemented means any consensus and storage changes are extremely difficult and clunky

ALGO -> Shitty short-term tokenomics and transparency

>> No.24151039

This is unironically the next LINK tier pump, only this time $1000 EOY wont be a meme

>> No.24151207

>>24151039
Oh are you saying that for every coin now?
LINK - $1000?
ALGO - $1000?
BTC - $30000?
ETH - THE MOON?

>> No.24151507

>>24150297
People's attitudes toward this coin is exactly why it's going to do so well.

>> No.24151728

Is it bullish that /biz/ seems to completely ignore ALGO?

>> No.24151775

>>24150968
t. Hasn't looked at Cardano's codebase

>> No.24151787

>>24151728
that's exactly what I'm saying