/ALGO/ Algorand General #5

[Anonymous No.28564832]

pressure cooker ready to blow edition

>What is Algorand
Algorand is an open source permissionless public blockchain based on a pure proof-of- stake consensus protocol—the first of its kind to support the scale, open participation, and transaction finality for billions of users.
https://www.algorand.com/
https://community.algorand.org/blog/what-is-algorand-quick-guide-and-overview/

>Proof of Stake (PoS)
ALGO uses PoS protocol so every single user gets free money for holding ALGO, be it 1 ALGO or 10k ALGO

>Where to buy ALGO
Coinbase
Binance
Kraken
Bittrex

>Get the official wallet to get 7% APY, Coinbase only gives you 6%
https://www.algorand.com/wallet

previous >>28542833

[Anonymous No.28564937]

>>28564832
based anon getting the general numbering right unlike previous retard OP

[Anonymous No.28564941]

baste

[Anonymous No.28564954]

>>28564832
HELP I CANT BUY THE DIPS THERE ARENT ANY

[Anonymous No.28564974]

>mfw seeing those green dildos

[Anonymous No.28565008]

>>28564937
i actually fucked up, since APY is 8% not 7% now kek

[Anonymous No.28565011]

>>28564832
IT'S 8% APY IN WALLET

[Anonymous No.28565016]

>>28564832
ALGOSAURS REPORT IN

2 dollar make you holler but 2.50 sho gon be nifty

[Anonymous No.28565065]

>>28564954
want a dildo instead?

[Anonymous No.28565084]

>>28564954
you ready to go to the moon? The 1.75 floor is already being tested

[Anonymous No.28565098]

>>28565008
>8%
THANK YOU BASED SILVIO

[Anonymous No.28565111]

>>28564954
Daddy why are the floors green!

[Anonymous No.28565130]

I’m out at 8 bucks sorry chads.

[Anonymous No.28565179]

>>28565130
not selling until it flips ETH

[Anonymous No.28565183]

Space baby reporting in. Would've bought more if I didnt have a shitty 3rd world country salary

[Anonymous No.28565247]

>>28565130
Me? I'll sell at 25.

[Anonymous No.28565293]

>>28564832
>>28564812
>>28564806
>>28564762
>>28564722
800 coin stack after that. What's the suicide?

[Anonymous No.28565356]

>>28565293
5k sui stack, that's where you start making 1Algo/day

[Anonymous No.28565377]

>>28565293
Around 5k.

[Anonymous No.28565401]

>>28565293
Slightly under 5k if I remember correctly.

[Anonymous No.28565410]

>>28565247
I keep telling myself a 4 year hold will probably be 30% stack increase after compounding and variable APY. With adoption and absorbing even half of ETH MCAP in that time it could climb to triple digits. My gut feeling is it will hit ETH with it's strong hand long before then.

[Anonymous No.28565427]

>>28564832
>>Get the official wallet to get 7% APY, Coinbase only gives you 6%
>https://www.algorand.com/wallet
if you are a boomer without phone skills: https://wallet.myalgo.com/access

[Anonymous No.28565499]

>>28565427
I want to buy more, but it's 1.70 whens the next dip/.

[Anonymous No.28565608]

>>28564832
>>Get the official wallet to get 7% APY, Coinbase only gives you 6%
>https://www.algorand.com/wallet
if you are a boomer without phone skills:
https://wallet.myalgo.com/home

[Anonymous No.28565632]

>>28565499
literally now

[black star !x8ngkAZjXE No.28565637]

>>28564832
ITS 8% APY


8% KEEP UP TO DATE

Surely I cant be the only informed person here.

[Anonymous No.28565661]

>>28565499
this is the dip

[Anonymous No.28565827]

Goodnight chads, mumsy has tucked me safely in bed, when I wakesy in the morning, I expect to see at least $2.

[Anonymous No.28565950]

>>28565827
You see it's safe and getting that 8%

[Anonymous No.28566230]

[Anonymous No.28566234]

>>28565499
yeah I'd buy more now if I could but I won't be able to until next week. Anything you can get under $2 seems like a home run

[Anonymous No.28566271]

>>28564832
10.4K comfy as heck fellas

[Anonymous No.28566284]

how do we still have this much buy pressure, christ

[Anonymous No.28566332]

>>28566230
European offensive last night ate up walls like it was going out of business. I think they will deliver again.

[Anonymous No.28566391]

>>28566284
patience padawan

[Anonymous No.28566395]

>>28566284
it's still a great deal and we all know! people are DCAing by the hour

[Anonymous No.28566405]

>>28566284
I don't get it either, buy ratio has been above 64% the whole time

[Anonymous No.28566462]

The all time chart for this coin is a hoot. Every february and august it moons before going dormant until the next august or february.
Missed it this time but I'll catch you guys in 6 months for sure.

[Anonymous No.28566475]

>>28565499
just picked up another 1k today. now is the time.

[Anonymous No.28566506]

>>28566332
that was clutch, I woke up to my stack thinking "how the fuck is the steam still moving?!"

[Anonymous No.28566549]

What’s actually in circulation? Is the rest only distributed as interest on algo accounts?

[Anonymous No.28566622]

>>28566462
>he's right
uhh bros, tell me this is just fud!

[Anonymous No.28566740]

>>28566622
I wasn't intentionally trying to fud. I was exploring other options for preserving some of my grt gains and ALGO made the cut.
I sincerely wish you all the best!

[Anonymous No.28566747]

>>28566622
Breath good buddy and hold

https://youtu.be/7-NBZv1KXVg

Sean Ford at the 52:39 mark "In the next two months or so, uh, lets check back in. I think there's a bunch of pretty big, pretty interesting things that are going to be announced, and when it happens your going to say 'oh thats what Sean was talking about'...

...53:08 mark "I think we are right at the cusp of being able to put out a number of, I would say fairly disruptive and significant partners that people are going to stand up and take notice to"

[Anonymous No.28566820]

>>28566462
>sample size: 3*
also it started in August 2019

[Anonymous No.28566843]

Was thinking about buying when it was around .30 but didn’t

My urge to FOMO in on this is so strong. I wouldn’t even think about selling for another 4 years. Should I wait?

[Anonymous No.28567124]

>>28566843
Same, i got 1k algos rn, but i need more do i fomo

[Anonymous No.28567152]

>>28566843
Buy and hold for your sweet staking rewards.

[Anonymous No.28567215]

>>28566843
literally cannot go wrong with the staking

[Anonymous No.28567273]

>>28566843
the rule is if you are fomoing it's too late.

[Anonymous No.28567290]

>>28566622
It is. It seemed to be doing well till last Feb, but literally everything crashed and then recovered in august too hard and too early only to crash again. Pretty much all speculation can be thrown out the window if those events are considered. It's easier to judge how well anything is doing if you disregard major events that affect everything else as well, like the 2017 bull run.

[Anonymous No.28567335]

>>28566622
this year there's actual adaption. the entirety of brazil is using it for the virtual currency. other parts of south america. algo is in talk with banks in the us.

[Anonymous No.28567346]

>>28566747
>1 day ago
... I'm positive we won't have a decent table. But we do, and relief washes over me in an awesome wave.

[Anonymous No.28567372]

challenge floor to 1.75 and 1.76 now. If breached will be straight to 1.79-1.80. The brakes don't stop this is crazy

[Anonymous No.28567424]

>>28566462
the ath was in june 2019 what are you on about?

[Anonymous No.28567449]

Can the algo wallet be linked to my hardware wallet so i can safely stake?

[Anonymous No.28567590]

algo tanking through 1.75 price walls like a champ, literally the tank build in an mmorpg

[Anonymous No.28567607]

>>28567449
Yes!

[Anonymous No.28567755]

EU goes to bed and ALGO starts crabbing, meanwhile NA dumps their bags and only cares about shorting

[Anonymous No.28567772]

>>28567273
I know

It’s up like 40% there’s no way this keeps going but I really like Algo

[Anonymous No.28567796]

>134 algo @ 1.50
I’m NGMI guys, but at least I participated

[Anonymous No.28567907]

>>28567772
Look at the shit link did?..

[Anonymous No.28567915]

>>28567755
Low quality bait FUD
>Everyone is getting 8%

[Anonymous No.28567982]

>>28567915
dont think it's FUD, just the fact that NA bears are cucks. we'll still see a pump when they wake up

[Anonymous No.28568026]

I'm going to make it

[Anonymous No.28568041]

>swung my initial GRT investment that netted me 270% into ALGO and left my profits in GRT
The god is here boys and girls. I am the bringer of unbelievable 3 day gains.
>bought BTC 3 days before Elon tweet
>bought GRT 3 days before huuuuge pump
>buying ALGO 3 days before 2.75

Thank me later faggots

[Anonymous No.28568046]

>>28567982
we up

[Anonymous No.28568157]

>>28568041
algochad indeed
But you have them in the wallet and are making more r-right?

[Anonymous No.28568187]

>>28568041
thanks dad, I hope I have enough to buy one of your new fangled electromobiles when we reach the moon

[Anonymous No.28568268]

is ALGO a good long term hold this alt season if I'm not looking to stake?

[Anonymous No.28568303]

>>28568157
Of course. Do I look like some sleepy faggot who doesn't enjoy 8% on my 75% gains?

3 days. 3 days until 2.75. I am the 3 day bringer of huge gains. Screencap this because I'm about to make sure all you retards stuck in 6 figure hell will have a lambo by Monday night

[Anonymous No.28568343]

>>28568268
Yes.

[Anonymous No.28568433]

>>28568268
You can't not stake man, it's not locked up cuck staking like the others, you're free to do what you like with it, but yes bullish hodl if you look at the tech and why is behind it...

[Anonymous No.28568599]

>>28568268
>long term hold
Mothafucka they give you 8% return this is the definition of a good long term hold as the value appreciates and you get interest

[Anonymous No.28568776]

>>28565179
Yeah, ETH is really shit tech against ALGO.

[Anonymous No.28568788]

algochad tired, the fight to breach 1.75 failed and support fell down to 1.70. Let him rest a bit lads, the 1.79 boss needs high energy

[Anonymous No.28568873]

>>28568788
It got to 1.82....

[Anonymous No.28568890]

even the chart says algo needs a breather

[Anonymous No.28568978]

>>28568788
Heh, this 1.70 is just a break. Wait till you see me hit 1.85 tonight..then 1.90

2.50 13 Feb 2021 @ 1930 EST

This is a promise. 3 days till 2.75

[Anonymous No.28569123]

https://cointobuy.io/algorand

jesus christ i knew this was too good to be true. expected -30% revenue loss if you invest now

[Anonymous No.28569129]

>>28566843
32% staking return over 4 years and the likelihood that ALGO is handling CC and bank transactions over it's network with stupidly low fees. I'm slightly below a suicide stack but I got it with the intention of ignoring the early volatility.

[Anonymous No.28569145]

>>28568978
alright algochad bringer of gainz, I'll be reporting for duty first thing on the moon

[Anonymous No.28569189]

>>28568268
Get the Algo wallet. Put the Algos in the wallet. You are now staking. No minimum requirements and it's not locked. No reason not to do it.

[Anonymous No.28569212]

>>28569129
Suicide stack 5k?

[Anonymous No.28569225]

1.70 is the floor. This is so fucking bullish.

[Anonymous No.28569272]

>>28569225
isn't it wild how fast this coin finds a new floor to find support on?

[Anonymous No.28569284]

>>28569212
Seems about right

[Anonymous No.28569322]

how bad are we gonna nut once algo pushes some good news

[Anonymous No.28569403]

>>28569272
It really is. It has sat here all day. It goes over 2 tomorrow.

[Anonymous No.28569428]

>>28565098
holy shit the mad man did it again! i remember when rewards were only like 5%

[Anonymous No.28569456]

>>28569212
That's the rough amount. I went in at 1.15, 1.28, and capped off just over 3K with the last little bit bought at 1.75. My big reasoning is the brains being MIT and father of cryptography and his friendly connections to established institutions and government. Glowies know and IDGAF because i'm spending it on tendies and they can have the receipts.

[Anonymous No.28569537]

>>28569123
>https://cointobuy.io/algorand
meh whatever, apy will make up for it for me kek

[Anonymous No.28569614]

fucking coinbase making me wait like 6 days to transfer it out to my wallet, the fuck

[Anonymous No.28569635]

>>28565401
Those tits just made me buy 101 algo

So mad I didn’t buy at .30 but whatever. I’ll hold this for a long time no regrets

[Anonymous No.28569674]

>>28569456

[Anonymous No.28569675]

Utter poorfag stacklet who bought 300oz of physical silver and just found out about how to trade crypto. Have another $200 and I'm not sure if I should put it in ALGO or GRT.

Am I ever gonna make it or should I just rope myself now and get it over with?

[Anonymous No.28569783]

>>28569614
>make fake bank account/credit card and buy 1 million algo and before the funds dont go through you tranfer the algo to your comfy wallet

and you thought you could get away with it too

[Anonymous No.28569804]

>>28569675
You are never getting significant gains on BTC so you may as well move it to XLM or ALGO.

[Anonymous No.28569903]

>>28567335
is it actually algo or an adaption of algo on the same blockchain? does it matter?

[Anonymous No.28569912]

>>28569804
this.

own more than half a bitcoin or dont bother

[black star !x8ngkAZjXE No.28569945]

>>28569123
https://cointobuy.io/avalanche
https://cointobuy.io/bao-finance

yeah okay

[Anonymous No.28569983]

>>28569783
>it takes more than 15 seconds to validate a wire/ach transfer

[Anonymous No.28570000]

GRTfriend here.

I'm wishing you ALGObros well!

[Anonymous No.28570064]

>>28569983
yeah and ALGO is so BASED than it takes 5 seconds to transfer the funds.

ALGO is king

[Anonymous No.28570093]

>>28570000
Thanks man, and nice quads

[Anonymous No.28570226]

>>28570000
many gains to you too GReaT fren

[Anonymous No.28570259]

tell me about the fees frens, will they ever balloon like eth ?

[Anonymous No.28570358]

>>28569903
https://algoexplorer.io/assets
On the blockchain

[Anonymous No.28570436]

>>28570259
Never. Algo was built with billions of users in mind.

[Anonymous No.28570482]

>>28570436
anon, you're telling me that the fees are ALWAYS going to be 0.001 algo???

[Anonymous No.28570542]

>>28569783
you can't send money that hasn't cleared the bank yet, you can only trade it within the exchange

[black star !x8ngkAZjXE No.28570574]

>>28570482
yes

[Anonymous No.28570575]

>>28570000
We come bearing gains.
Please, take this blessing.

[Anonymous No.28570609]

Where do we see Algo price in 4-5 years? Any ideas

[Anonymous No.28570626]

>>28570482
thats kind of the point of it

[Anonymous No.28570643]

>>28570609
how does $2000 sound?

[Anonymous No.28570676]

>>28570574
>>28570626
I coomed a little, thanks

tell me more, i head there is a private network or something, how does it work? like monero?

[Anonymous No.28570691]

>>28570358
Thank you anon. How do you think adding national currencies to the algo blockchain will impact ALGO (the main currency)'s price?
>>28570482
that's actually the minimum; fees would be way lower if the minimum wasn't in place.

[Anonymous No.28570751]

>>28570691
>fees would be way lower if the minimum wasn't in place.
elaborate!

[Anonymous No.28570774]

>>28570259
https://www.youtube.com/watch?v=NykZ-ZSKkxM
Yes, and the APY brings intensive to stay on the network, so no sells.

[Anonymous No.28570855]

>>28570259
the big stuff can be done off-chain

[Anonymous No.28571029]

THE DIP IS HERE

[Anonymous No.28571090]

Algorand is not like most blockchains. It has one block finality. That means, after one block, you know with confidence that the block is valid. Algorand is strongly consistent. This is a very important property for data storage, especially in financial sectors.

When looking at new technologies, always ask yourself not how fast you can see a transaction, but how fast that transaction becomes final. Prioritize reliability and speed over speed alone. You can always increase speed, or transaction throughput, but it's impossible to make a weakly consistent network strongly consistent.

Security:


If you read the Algorand papers, you will see that they designed it to protect against even the most sophisticated attackers that can assume control of the entire communication plane and corrupt arbitrary nodes of the network instantly. Speed should not be a factor in the security model. Ask yourself what security means to the team that designed the technology.


Centralization:


This is another general term. Communication, consensus, and governance are different types of centralization. One common talking point is that Algorand is centralized because relay nodes exist. This concern probably comes from the fear of technology like Ripple, which uses "trusted validators". The difference is that these Ripple nodes perform consensus, and communication. As stated above, the two were coupled before Algorand, which is why the fear exists. In Algorand, relay nodes only communicate, they do not perform consensus and can't sign transactions. Consensus is decentralized in Algorand, moreso than PoS ledgers which tend to cluster it in pools.

I think if you keep these things in mind, it will be easier to understand the actual technical value of these blockchains and identify potential misinformation or marketing hype. Expect to see more of this as Algorand gets more attention on it.

[Anonymous No.28571176]

>>28566843
Put my ETH into this... I think it's just a superior product. This could be my make it stack.

[Anonymous No.28571238]

>>28568776
Yeah is it?

[Anonymous No.28571250]

>>28570751
There is no solving of puzzles, miners, delegation pools, etc that usually make fees high. Pretty much just nodes.

[Anonymous No.28571353]

>>28571176
based and algopilled

[Anonymous No.28571377]

Can anyone provide some FUD that would make this not a good investment?

[Anonymous No.28571428]

>>28564832
Hey OP thanks for using my image, fren.
>>28569999 made an update to it btw

[Anonymous No.28571437]

>>28571250
>>28571090
based as fuck

what about smart contracts etc? defi bullshittery

[Anonymous No.28571538]

>>28565827
goodnight, anon. sleep tight. Uncle Micali's got this.

[Anonymous No.28571641]

>>28571377
Yeah my main concern is the phasing out of the current, more centralized state of the blockchain, but they're at least upfront about it.

Responsible Decentralization

The Algorand Foundation is deeply committed to the Algorand blockchain being a fully decentralized network in both its node distribution and voting power. However, the path to decentralization is one that must be carefully paved in the early stages.

To this point, while Algorand’s Relay and Participation Nodes are public and permissionless, they have been bootstrapped by a number of entities representing a wide array of technical and organizational backgrounds across many different countries and continents.

In addition, in the early stages of the Algorand blockchain, Algorand Inc. will put only part of its total stake online, so as (1) not to have a controlling position while (2) offering resiliency against hostile takeover attacks. We believe these steps will ensure that the Algorand network will reach its goal of true decentralization in the safest and quickest way possible.

https://algorand.foundation/algorand-protocol/network

>>28571437
Smart contracts are built into the base layer and are 1000x more efficient than ETH

[Anonymous No.28571709]

>>28569675
I started like this in 2016 now its up to 35K+ USD. Algo was my recent big move.

[Anonymous No.28571718]

Why is this able to do pure proof of stake? Is there some special solution they came up with

[Anonymous No.28571744]

Algorand has following stablecoins
USDC - USA
QCAD - Canada
BRZ - Brazil

Marshall Islands and China are using Algorand blockchain to build CBDCs

[Anonymous No.28571776]

>>28571029
>DIP
MORE LIKE DUMP LOL

[Anonymous No.28571858]

>>28571641
Thanks for this brother. Are you invested in ALGO despite these concerns?

[Anonymous No.28571884]

>>28570676
Unless you want your coin to be suppressed by government regulation, nobody is going to make their coin like Monero.

[Anonymous No.28572167]

>>28571353
Christ is King, MGTOW and ALGO are freedom from the international Jew. We're all going to make it.

[Anonymous No.28572175]

>>28571776

Sell your algo you are too weak to be among the algo billionaire chads who will dominate the future.

[Anonymous No.28572196]

>>28571858
Yes, it's one of my largest holdings! The pros outweigh the cons for me.
At the very least, it's criminally undervalued when you look at the team and underlying blockchain.
>>28571776
FUCK WE'RE ONLY UP 38% TODAY ALGOBROS WE GOT TOO COCKY

[Anonymous No.28572306]

Have you guys connected your Algo wallet to your ledger?

[Anonymous No.28572347]

>>28571718
the secret meat ball marinara sauce

[black star !x8ngkAZjXE No.28572349]

>>28572306
my wallet is my ledger.

[Anonymous No.28572394]

>>28572306
Yes. It works perfectly on my Ledger.

[Anonymous No.28572419]

>>28572306
>>28572349
https://support.ledger.com/hc/en-us/articles/360012341980-Algorand-ALGO-

[Anonymous No.28572599]

>>28569912
Wish I had bought bitcoins when I was in highschool and they were $7 and my friend and I used them to buy drugs on the silk road instead

[Anonymous No.28572610]

>>28572196
I'm legitimately trying to decide between ALGO and XLM. Both seem like great projects, but XLM seems like a higher potential ROI. I only have enough capital to make a meaningful investment into one. Your thoughts?

[Anonymous No.28572689]

I just put all my fiat into algo 30k algo stack aigmi?

[Anonymous No.28572705]

>>28572610
I chose algo over xlm cause fuck jed

[Anonymous No.28572748]

>>28572349

[Anonymous No.28572772]

Feeling into getting into ALGO, the APY in Exodus seems like a bonus also, is it a safe bet to get in now, or will it dip?

[Anonymous No.28572787]

>>28572689
BASED

[Anonymous No.28573059]

>>28572772
APY is why most people aren't selling.. It's got a lot of anti pump anti trade properties which is why I like it. It's good for long term holders.

[Anonymous No.28573254]

Feels like Eth at 2

[Anonymous No.28573347]

>>28572610
I think you'll be great either way. Like you said, they're both great projects, and I've been thinking about picking up a stack of XLM as well after I do some more research.
I'd say ALGO is riskier but has more room to grow, given XLM is already a top 10 coin.

[Anonymous No.28573384]

ALGO is tanking. I guess it was good while it lasted.

Bad news:

https://www.fxstreet.com/cryptocurrencies/news/algorand-price-prediction-algo-uptrend-reaches-exhaustion-as-technicals-scream-sell-202102120753

[Anonymous No.28573443]

Bad news:

https://www.fxstreet.com/cryptocurrencies/news/algorand-price-prediction-algo-uptrend-reaches-exhaustion-as-technicals-scream-sell-202102120753

[Anonymous No.28573472]

>>28572772
>>28573059

This guy gets it. Algo works like this

>nobody wants to sell because the APY
>price pumps because no sellers
>increased prices causes holders to see bigger daily gains
>bigger gains for holders means less sellers
>price goes up more

It’s going to the fucking moon as long as the entire market doesn’t crash

[Anonymous No.28573486]

>>28573443
>>28573384
hey pajeet, you accidentally double posted again

[Anonymous No.28573514]

>>28573384
Front Page on Pajeet Times

[Anonymous No.28573518]

>>28573486
is this what they call the double posting problem?

[Anonymous No.28573542]

>>28573384
>>28573443
this fud is even worse than it was this morning

[Anonymous No.28573560]

>>28573443
>>28573384

[Anonymous No.28573611]

>>28564832
When that stimmy arrives you’re damn right I’m buying more algo.

[Anonymous No.28573696]

>>28573384
>>28573443
I fucking love this kind of posting

[Anonymous No.28573707]

>>28573384
This stupid shit pajeet fud again? Are you guys really that stupid and haven't given up on this yet?

[Anonymous No.28573746]

>>28573384
>>28573443
subhuman trash being paid in rupee to create fud unironically means ALGO is going to $20 near the end of this run
ty for the free signal

[Anonymous No.28573757]

>>28573384
>>28573443
Pajeet marketing bots upset RBC is losing attraction

This shit is kinda weird though.

[Anonymous No.28573768]

>>28573443
>>28573486
>>28573514
>>28573518
>>28573542
>>28573560
kekekekekek get fucked pajeet scum

go back to FUD school

[Anonymous No.28573769]

And why isn't this going to kill ETH?

[Anonymous No.28573833]

>>28568599
Can they make more internet coins like ALGO because I love these more than bitcoin.

[Anonymous No.28573918]

>>28573833
Algo is all you need really desu, nice dubs

[Anonymous No.28574123]

>didn't buy at 1.6

[black star !x8ngkAZjXE No.28574183]

>>28573769
Because 90% of people leave their crypto on exchanges even after mt. gox, insane fees, AND the exchange telling you it's stealing your coins. Most people don't read white papers or have no idea what tps is. They couldn't tell you the difference between PoW and PoS. Crypto is too advanced for sheeple. They rather fall for scams over and over than legit projects.

[Anonymous No.28574293]

>>28564832
I just bought ALGO for the first time. What am I in for?

[Anonymous No.28574334]

>>28574183
When there's a mastercard with ALGO rewards for purchases and banking schemes were gonna make it even if we have to drag the normies with us.

[Anonymous No.28574395]

>>28574293
peak comfy

[Anonymous No.28574400]

>>28574293
gains

[Anonymous No.28574492]

GRT and ALGO make up 95% of my poorfolio. 10k GRT and 1.1k ALGO

See you boys on the other side

[Anonymous No.28574518]

>>28574400
He's with us

[Anonymous No.28574547]

I JUST BOUGHT A THOUSAND $$ OF ALGO LETS GO BROS

[Anonymous No.28574596]

>>28574518

[Anonymous No.28574604]

>>28574183
My post was about the development opportunities of algo tho, not really the normies.

[Anonymous No.28574628]

>>28574293
gainz over time

[Anonymous No.28574770]

>>28574492
My dude try to get a couple thousand more ALGO if you can generate close to 1 ALGO a day and this shit really pumps off you're set

[Anonymous No.28574854]

>>28574604
The brains will see the potential. They are already showing signs.

[Anonymous No.28574874]

>>28574492
Same but some little aave there too, gl us

[Anonymous No.28574918]

has there still not been any word of important news for this pump?

[Anonymous No.28574977]

>>28574918
Yes, besides the Brazil news there's been *nothing* to cause this pump. It's organic

[Anonymous No.28574992]

Check out the action on it rn, it's looking like it's ready to move up

[Anonymous No.28574998]

>>28574334
goddamn I’m hard keep going

[Anonymous No.28575103]

dem walls tho

[Anonymous No.28575153]

>>28574998
I can only get so erect

[Anonymous No.28575157]

about to close the 6h candle green

[Anonymous No.28575188]

>>28574992
Don't get too excited. It'll probably drop back down to $1.5 over the weekend before moving back up.

[Anonymous No.28575202]

>>28575103
Fuhhhhh if it could just find its way to 77 then its almost 2 guaranteed

[Anonymous No.28575336]

>>28575188
Dubs and actually bullish

[Anonymous No.28575346]

>>28575202
It will when Europe wakes up. I was up till 1 in the morning last night giggling at it passing the 1.50 wall so fast the bots were having trouble keeping up. Even the whales want it to go up in the end.

[Anonymous No.28575362]

>>28575202
bigger wall at 79-80 but support could be built up to 77 if it can hold that position for a while

[Anonymous No.28575415]

>>28575346
Ya because the apy

[Anonymous No.28575424]

>>28575346
euro here, im still up, watching berserk

[Anonymous No.28575455]

>>28575346
What time zone are you in

[Anonymous No.28575462]

Just saw this in the ALGO fud thread. Can anyone confirm this?
>>28575211

[Anonymous No.28575492]

>>28575424
Well played

[Anonymous No.28575535]

>>28575362
If it breaks the first wall then the rest fall brudder. By that point you have buyers lining up with blank checks in a figurative way

[Anonymous No.28575560]

>>28575455
PST or GMT-8. I get quite the range of people in the evening.

[Anonymous No.28575566]

>>28575336
Absolutely bullish. ALGO is likely hitting $3 EOM.

But don't FOMO in just yet.

[Anonymous No.28575583]

>>28575492
no, I'm tiered, still sad, and what makes all of this worse, watch the dub

[black star !x8ngkAZjXE No.28575675]

>>28575566
checked

[Anonymous No.28575714]

>>28575462
Holy fuck

[Anonymous No.28575721]

>>28575583
Give it some time and watch the proper one when the weeb bug bites fren. No sense in running ragged.

[Anonymous No.28575739]

>>28575560
I'm PST. What time do the bongs wake up

[Anonymous No.28575772]

>>28575739
2 hours from now

[Anonymous No.28575835]

>>28575739
9-12 and you get lots of mainland Euros in the mix. The Krauts are extremely bullish.

[Anonymous No.28575918]

ALGO team is loaded with MIT Jews and has so many connections it can't fail. Mark my words and DYR.

[Anonymous No.28575968]

>>28575462
>Only on one exchange vs Coinbase the god of them

[Anonymous No.28575972]

>>28575535
let's do this algobrothers, holding strong breaks price walls, I went 100% full yolo algonaut or nothing

[Anonymous No.28576186]

>>28569675
Sell all that BS and buy Algorand. Trust me, I'm your fren.

[Anonymous No.28576338]

>>28570000
checked, God bless

[Anonymous No.28576353]

>>28576186
This but keep the lumens

[Anonymous No.28576425]

>>28570609
$5-$10. It can't balloon imo since there is such a large amount of total supply. But if it reaches full usage it could be a lot higher. Idk hard to estimate. 10 bil supply times 100$ is 1 trillion market cap. So possible, but that is too far away to predict accurately. I'm a large buyer and long term holder. I like it. In the short term I see the price moving higher, much higher and then maybe coming back to earth as more supply is released. Again this rocket is just starting, more people are going to fomo in in droves we are the early money, imagine buying link at these levels.

[Anonymous No.28576505]

>>28576425
When are the next scheduled token releases?

[Anonymous No.28576525]

this is the bottom of the dip, currently more demand than supply, numbers will flip hard green soon

[Anonymous No.28576568]

https://www.sicpa.com/news/sicpa-joins-digital-monetary-institute#:~:text=Members%20of%20the%20DMI%20include,Six%20Digital%20Exchange%20and%20SWIFT

“And as a new member of the DMI, we relish this fresh opportunity to collaborate with partners in the digital currency ecosystem and to ensure an enduring role for money as a trusted public good.”

"Members of the DMI include Algorand, Amazon, Giesecke & Devrient Currency Technology, Mastercard, PayPal, Six Digital Exchange and SWIFT."

[Anonymous No.28576675]

>>28576505
no info yet, we need to pay attention to the dev teams' socials. does anyone know how much notice was given last time an auction happened? i only got into algo last month

[Anonymous No.28576702]

>>28576425
Other Anons said it might hit $2 eoy last week. 1k eoy or I will rope myself

[Anonymous No.28576745]

Cheapies incoming

[Anonymous No.28576819]

It’s weird to see to a psyop this coordinated get pull off. Even the the fud is productive.

[Anonymous No.28576857]

oh fuck here we gooooo

[Anonymous No.28576999]

>>28576675
I think last July or early fall

[Anonymous No.28577017]

>>28576819
normies will love it

[Anonymous No.28577531]

>>28576819
I wish people could get better FUD, I wanna buy more at $1.4

[Anonymous No.28577639]

who else PRQ/ALGO hold?

[Anonymous No.28577881]

Poorfsg here

Would you rather have 450 XLM or 150 Algo?

Long term hold

[Anonymous No.28577939]

good morning germans, thanks for the green dildo

[Anonymous No.28578064]

Time to bust some walls boys

[Anonymous No.28578076]

>>28577881
150 algo.

[Anonymous No.28578081]

>>28577881
10000000% 150 ALGO

[Anonymous No.28578187]

>>28578064
lets do this ALGOlads

[Anonymous No.28578359]

>>28571744
>USDC - USA
>QCAD - Canada
>BRZ - Brazil
what impact does this have on the ALGO token though?

[Anonymous No.28578460]

>>28578359
Network load, increasing demand for tokens due to fees.

[Anonymous No.28578522]

>>28578359
Imagine when they finish putting all the stablecoins on it. THINK

[Anonymous No.28578689]

wtf is this buy ratio, how does this coin still have momentum? 69% buy ratio is insane, the brakes aren't stopping these gains

[Anonymous No.28578757]

>>28578689
imagine not going in on a shitcoin backed by the SEC

[Anonymous No.28578762]

FELLAS DO PEOPLE HATE MONEY? ALGO GANG

[Anonymous No.28578905]

WE ARE THE ALGOMARINES

[Anonymous No.28578973]

>>28564832
bros... the peaks are shaped like algos... it's a sign

[Anonymous No.28579014]

anyone have an ALGO comfy staking pic? need that in my life

[Anonymous No.28579022]

>>28578757
I wonder how big a stack Yellen and friends are gonna have.

[Anonymous No.28579086]

is it better to do staking in binance or get the algorand wallet?

[Anonymous No.28579113]

>>28579086
always ALGO official wallet

[Anonymous No.28579133]

>>28579086
Wallet by far it updates every 9 minutes and it's yours. Just remember to store your phrase in several secure locations for recovery.

[Anonymous No.28579139]

>>28579086
All I know is coinbase takes a %25 commission on staking rewards :(

[Anonymous No.28579162]

>>28579113
>>28579133
does it only work for Ledger? I have a Trezor

[Anonymous No.28579169]

>>28570609
if the same money per coin as eth (100+mill coins) then $20-$30, there will be a max 10 billion coins (current is 2billion increasing 7% a year)

[Anonymous No.28579208]

>>28579162
Iphone and IOS apps to my knowledge and apps like exodus not sure about Trezor.

[Anonymous No.28579281]

>>28579208
I hear the Tezor guys were like nah.

[Anonymous No.28579282]

>>28579014
here you go fren, just getting started.

[Anonymous No.28579283]

>>28579162
not sure about trezor but the app for ios/android is probably the best wallet i've ever seen both aesthetically and functionality

[Anonymous No.28579331]

>>28579162
iOS app for sure

[Anonymous No.28579335]

>>28579283
the algorand app? can't you just use the website? i don't want important shit on my phone

[Anonymous No.28579433]

>>28579335
works like myetherwallet.
https://wallet.myalgo.com/home

[Anonymous No.28579526]

>>28579335
Website isn't really secure. If you hate the phone idea you can either try your luck with an android emulator like bluestacks or whatever works best right now or just move it to the wallet and stash your phrase and pass somewhere safe and delete the app only to put it back on when you want to recover it.

[Anonymous No.28579605]

>>28579433
ledger only... sorry

[Anonymous No.28579608]

>>28579014

[Anonymous No.28579691]

>>28579526
wouldn't website on a PC be more secure than a phone app? i don't understand

[Anonymous No.28579750]

>>28579608
if only this was the algorand wallet app right bros?

[Anonymous No.28579781]

>>28579691
It has a 2FA layer that uses fingerprint or faceID which is better on the phone I suppose. I personally want a desktop wallet with a backup function but it will probably come with time.

[Anonymous No.28579793]

>>28579691
I think what anon is trying to say is
>Website = you & the website owners have the keys to the car per say
>algoapp = u own it bb

[Anonymous No.28579890]

>>28579750
Ya algorand wallet gives you 8% instead of 6%
>heh

[Anonymous No.28579903]

>>28579781
so i'm forced to use a biometric? fuck

>>28579793
yeah i'd still prefer a desktop app. i might just buy a $100 samsung phone just to do crypto shit

[Anonymous No.28579942]

>>28579903
No it's just an option thankfully.

[Anonymous No.28579989]

>>28579903
Oh, you can use exodus on desktop

[Anonymous No.28580049]

>>28579989
why exodus? can i get as good of a rate as with the algo app?

[Anonymous No.28580093]

>>28579691
the wallet itself runs on the blockchain protocol, that's what it seems considering all that's needed to use your algo wallet on a desktop is using the 25 word password through wallet.myalgo.com

[Anonymous No.28580145]

Only bought this since Algo is one of the planets in the Phantasy Star universe, and Phantasy Star II and IV are two of my favorite games ever. Project actually seems good though. Thank you, retard instinct.

[Anonymous No.28580589]

as long as you have your keys you have your ALGO regardless of what happens to the phone, quit bitching and dl the fucking app

[Anonymous No.28581077]

>>28579133
I'm still spotty on how it works, it doesn't seem to give more rewards the more ALGO you have? So how does it work?

[Anonymous No.28581146]

anyone try algo with ledger's desktop app?
https://www.ledger.com/staking-algorand

[Anonymous No.28581260]

>>28581077
Currently 8% compounding with a variable rate depending on what they want to do. That goes on for 10 years. Coins are also being released at intervals over that 10 years for a total of 10 bil at the end. Rates could change to make holding and supporting the network more lucrative as well.

[Anonymous No.28581296]

>>28581077
It def does, that's how it works. What are you using? If in coinbase you might need to enable it.
Coinbase pro doesn't support staking for some reason
Just put it in the official wallet though so you aren't cucked out of an extra 2% apy

[Anonymous No.28581340]

Does the official app have an APK downloaded outside of the (Google play store?

[Anonymous No.28581392]

i cant believe i never cashed in on free money before a week ago.

already up 100% since 4 days ago

[Anonymous No.28581461]

Bros now that I got algos on my real algo wallet do I need to make a transaction 2x a day or is that autistic?

[Anonymous No.28581616]

>>28581296
I'm on the algowallet. I made a transaction yesterday and currently have 0.06 rewards.

[Anonymous No.28581640]

>>28581461
https://algoexplorer.io/rewards-calculator

use this there's a box for daily transactions you will only miss out on a few tokens a year by leaving it be.

[Anonymous No.28581741]

>>28581616
Guys ignore me Im a dumb guy

[Anonymous No.28581840]

>>28581741
I was going to say... lol
Please get some rest, algo is a cozy coin that can't dump because whales are loving the 8% apy. So no market dumps.

[Anonymous No.28581868]

BROS HOW DOES THIS SHIT STAY SO ROCK STEADY?? it finds floors near the ceiling CONSTANTLY

[Anonymous No.28581995]

>>28581868
because its the best product out there during this bull run

[Anonymous No.28582322]

fuck me when is this shit going back up i bought $100 at 1.77

[Anonymous No.28582487]

so I have to send a transaction every day or i lose out on compounding? what a shit system. what am i missing here

[Anonymous No.28582551]

>>28582322
Should be going up all this next week, maybe some draw down days in between hard to call. But you need patience otherwise you dont belong in these markets. I have a lot of algo and I'm always buying more, even at these levels

[Anonymous No.28582563]

>>28582487
no it compounds automatically
they just arent APPLIED until you do a transaction. its why i have a second wallet in my app. if i ever want to "realize" my steak, i make a .00001 transfer lol

[Anonymous No.28582599]

10k stack is the minimum. Stay hard.

[Anonymous No.28582613]

>>28582563
Pretty sure you can do a 0.0000 transaction and just pay the fee and send to yourself.

[Anonymous No.28582698]

>>28582563
No, that's not true. You lose out on compounding if you do not claim your rewards by doing any transaction. Their official site says so

[Anonymous No.28582774]

>>28582698
So, is it advantageous to just keep it in coinbase wallet then? or have to go through the process of sending yourself a transaction everyday?

[Anonymous No.28582832]

>>28582774
>So, is it advantageous to just keep it in coinbase wallet then?
No, because coinbase takes a huge fucking fee (they take like 25% of your total rewards, dropping from 8% to 6% APY)

but if you use the official calculator youll see there is barely any difference between compounding daily and turning it off, like 0.2%. So you could just compound monthly or weekly and not see a noticeable difference
https://algoexplorer.io/rewards-calculator

[Anonymous No.28582920]

>>28582832
>>28582613
so i could just do what this anon said and send myself a 0 transaction every day? because that's simple and easy to remember.

[Anonymous No.28582931]

>>28582613
kek oh i learn something new everyday
>>28582698
idk man, i use the wallet and have none of that issue

[Anonymous No.28582940]

Claim in algo wallet every 11 days for the optimum fee loss.

[Anonymous No.28582961]

>>28582920
Yes you can do that if you want

[Anonymous No.28583019]

>>28564832
Based

[Anonymous No.28583023]

So is this expected to dip significantly in the near future or should I just buy in right the fuck now?

[Anonymous No.28583031]

So as long as I keep my ALGO in my own wallet, whether it's Exodus or the official app or Ledger Live, I get the same staking reward right? It's just exchanges who are skimming off top of the rewards

[Anonymous No.28583125]

>>28583031
exactly, but exchanges are also probably holding it in a cold wallet as well and just distributing a smaller percent and pocketing the rest.

[Anonymous No.28583130]

>>28583023
>dip

[Anonymous No.28583192]

>>28583023
It's Ethereum 3.0 basically. Already past whatever dream garbage Eth 2 was going to be.

It literally runs USDC and Tether, entirely. Those popular stable coins, run on Algorand.

[Anonymous No.28583204]

>>28583023
this is the dip

[Anonymous No.28583211]

1111 algo at 117

just bought now during dip for 350 algo coins for 1.71

I want to recoup my initial investment so my wife wont be annoying in future about how i lost $1500 in cryptocurrency so im hoping i can double my $600 invested late and just leave the rest of my coins as an extremely long term investment

[Anonymous No.28583269]

>>28583204
tfw dip is .02 lower than the daily floor lmao.

[Anonymous No.28583302]

GRT Chad here-

Am I going to make it?

Trump 2024

[Anonymous No.28583339]

lets not get too cocky guys, this could correct pretty hard, we went up pretty quickly

[Anonymous No.28583395]

>>28583302
put it into the algowallet for 8% apy

it costs about 0.002 ALGO to tranfer wallets and ALGO transfers in literally 5 seconds

[Anonymous No.28583457]

our dips are so small

[Anonymous No.28583511]

>>28583031
>>28583125
could i just store in my Trezor? it seems like they only support ledger

[Anonymous No.28583516]

>>28583302
My stack is only 5.5k, how can I even compete

[Anonymous No.28583698]

Tech sales brah. Im a low iq mutt with decent verbal skills. The more technical the better

[Anonymous No.28584271]

Small noob algolet here. I 've been fucked enough by the ETH gas fees to realize what this coin is shilling. Picking up a small modest pouch of 200 and I'm gonna sit on this for a long time. S'all I can afford to spend on crypto funny money!