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/biz/ - Business & Finance

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24545421 No.24545421 [Reply] [Original]

Breadcrumbs Edition

>> No.24545463
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24545463

Parameters, as described by Arrington XRP Capital, of Algorand demonstrating how Silvio Micali solved the blockchain trilemma.

>> No.24545493

>>24545421
>tokenomics

no thanks

this post took 7 captchas

>> No.24545528
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24545528

Pablo Azar, former chief economist at Algorand, now an economist at the Fed of New York.

>> No.24545540

Biz sleeps on algo
People are going to fomo very very soon

>> No.24545626

>>24545540
Yep, give it a week and we will see 10 "why didn't you faggots tell me about algo" threads.

>> No.24545677
File: 38 KB, 838x675, omfif.jpg [View same] [iqdb] [saucenao] [google]
24545677

>https://www.omfif.org/events/the-future-of-payments/

The Future of Payments, Dec. 10th

Key speakers:
Tomer Barel, VP & COO Novi
Raj Rhamodharan, Executive VP Blockchain/Digital Asset Products & Digital Partnerships Mastercard
Tony McLaughlin, Managing Director Emerging Payments & Business Development Citi
Henry Holden, Advisor BIS Innovation Hub
Steve Kokinos, CEO Algorand
Sky Guo, CEO Cypherium

>> No.24546073

>>24545626
Really one week? I've been waiting for the right time to swap my chainlink into Algo

>> No.24546133

>>24545493
just fail a bunch of captchas on purpose and it'll be easier in the future

>> No.24546158

I moved all my algo to xrp right ahead of the run up.
Then got back in at algo at .29
I don't want to wait on this and xrp.
>>24546133
This. I give wrong answers all the time cause fuck them.
It just accepts them.
Select an extra a few times.

>> No.24546223
File: 107 KB, 824x736, Henry Holden.jpg [View same] [iqdb] [saucenao] [google]
24546223

BIS Papers
No 107
Impending arrival – a sequel
to the survey on central
bank digital currency
by Codruta Boar, Henry Holden and Amber Wadsworth
Monetary and Economic Department
January 2020

>> No.24546375

>>24546073

do it faggot

>> No.24546414

>>24546375
>1 post by this ID
How do I know you are a legit Algobro and not some salty link marine?

>> No.24546454
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24546454

>>24546414

you got me, I'm just an ALGO stacklet

>> No.24546618

>>24546454
Based. Fellow stacklet here. I'll give link another 24-48 hours then im converting.

>> No.24546670
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24546670

>https://sov.foundation/
>https://decrypt.co/43979/inside-marshall-islands-new-cryptocurrency-sov

If the Republic of the Marshall Islands’ state-sponsored cryptocurrency, the Sovereign or SOV, takes off, SFB Technologies, the software company building the coin, would become incredibly wealthy.

The SOV is a fully-fledged cryptocurrency. The Pacific Island nation, home to about 60,000, is considering issuing it to end its decades-long reliance on the US dollar.

SFB Technologies would receive 7.5% of the coin’s supply, which it could use after five years of its launch—which could be at any point after the 18-month-long presale begins, if the government implements the idea.

“We are not in the business of pumping and dumping,” Dr. Peter Dittus, the cofounder of SFB Technologies, and a member of the advisory committee of the SOV Foundation, the non-profit that governs the network, told Decrypt. “But we wouldn’t keep on holding it, because we don’t have intrinsic interest in holding currencies of sovereign countries.”

>> No.24546685

>>24545463
>xrp capital?
fucking kek. is that all he does is invest in shit with XRP? nice thread, otherwise.

>> No.24546921
File: 71 KB, 1032x744, Peter Dittus.jpg [View same] [iqdb] [saucenao] [google]
24546921

>https://www.bis.org/about/biogpd.htm
>https://twitter.com/algorand/status/1262738199413248006

Biographical note: Peter Dittus, former Secretary General
Peter DittusPeter Dittus was Secretary General of the BIS from 1 January 2005 until 31 December 2016.

Mr Dittus joined the BIS in 1992 as an economist and from 1995 assumed increasingly senior responsibilities in the Bank's administrative domain. In 2000, he was appointed Deputy Secretary General and became a member of the Bank's senior management team.

Before joining the BIS, he was an economist at the World Bank and the OECD.

>> No.24547978

What's the ALGO target?

>> No.24548884
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24548884

>>24547978
$1 realistically

>> No.24549057

>>24547978
On the realistic side, $3-5 in the next 24 months ? The market cap is still sub $500M.

I'm sure you could get richer, faster with something else in that period. I'm a 10k HODLer, and maybe I'm delusional, but I consider this to be a safe long term play -- even when benchmarked against my brokerage account.

Good /biz/ indicators..
> constantly gets FUDed when brought up (VC scam, Tokenomics, etc)
> literally never mentioned in the "I have $1000K, what do i do?" threads.

>> No.24549108

>>24548884
>>24549057
based. thanks.

>> No.24549558

>>24548884
How could this not be worth at least 10$ per coin?

>> No.24549681
File: 300 KB, 500x636, tenor.png [View same] [iqdb] [saucenao] [google]
24549681

this is one of the coins I invested in and so far it's the only thing I haven't lost money on. do whatever you want with that info.

>> No.24549848

>>24545421
I am an accidental algobro now. I converted all my xrp to algo because I was driving and meant to convert to yearn. What am I in for?

>> No.24550001

>>24549848
You drive a convertible? Based. Eoy $0.5

>> No.24550087

>>24549848
>algo
>yearn
How does this happen?

>> No.24550155

>>24549848

start staking that shit in the ALGO wallet immediately. do not sell this. do not trade this.

10kALGO = ~1.5ALGO/day
100kALGO = ~5ALGO/day

good luck

>> No.24550302
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24550302

>>24550155
tfw 10k algo staking chad

>> No.24550304

Oh fuck right off with another general

>> No.24550352
File: 78 KB, 555x631, 1599856299148.jpg [View same] [iqdb] [saucenao] [google]
24550352

>Oh fuck right off with another general

>> No.24550483

One week we will probably see $0.60

>> No.24551007

>>24550001
I have a convertible but do not drive it. Currently driving a suburban till I list it to sell. 3rd car in the last month. >>24550087
Coonbase, I hit convert all and it defaults to algo.
>>24550155
Thank you I will get to it asap

>> No.24551048

>>24545493
Been getting stupid amounts of captcha all day on multiple boards. This took 11

>> No.24551056

>>24551007
>Coonbase, I hit convert all and it defaults to algo.
unironically dare I say... bullish

>> No.24551118

>>24550304
You fuck off. Algorand is an exciting project that is wildly underrated on /biz/

>> No.24551362

>>24551056
It’s the first time it’s happened but nearly every trade I almost do it. Staking my 1k baby stack

>> No.24551457

algo is a forever hold. Never ever sell it. EVER.

>> No.24551720

Is algotrading profitable in crypto?

>> No.24551796

>>24545540
No one is going to FOMO. This project will never be over $1 again.

>> No.24551839

>>24549558
Because the supply is damn near infinite.

>> No.24551876

I have just under 500 Algo and I wish I had more. Sadge

>> No.24551956
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24551956

>>24551876
You wouldn’t be able to handle the volatility, it’s not as easy as it looks

>> No.24552094

>>24546158
Similar story here. Took some cash gains to pay down debt and got back in with an extra 500. What is make it stack? ~6700 seem to be enough to generate one algo a day in staking

>> No.24552124

>>24551796
>>24551839
fuck your mother if you want fuck

>> No.24552146

Invest imo senpai

>> No.24552191

>>24551956
That is a nice folio brother. I just hit 5 figures over this week feelsgoodman

>> No.24552605
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24552605

>>24550155
100k algo would net you way more than 5/day anon. I have around 40k and get about 6-7/day. There's a rewards calculator you can check out to see what the actual number you are getting based on the staking percentage. Find it on the algoexplorer.io site.

>> No.24552887

>>24545421
I like this project, but can't bring myself to buy any. Grim tokenomics

>> No.24552981

>>24551839
>Thinks 10 billion is a lot
100 Billion Mcap is unachievable for something that could dethrone ETH/BTC? Okay, sure.

>> No.24553029

>>24552887
>>24545493
Why does every Algo thread have fudders going "muh tokenomics" without actually explaining the issue with them? And it's always the "Yea I'd buy it, but those tokenomics" seems like a coordinated effort to me desu.

>> No.24553123

>>24553029
Bro it's not a coordinated effort I literally just want an explanation for why the tokenomics are so shit