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/biz/ - Business & Finance


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28910869 No.28910869 [Reply] [Original]

What made you realize this coin was the future?

>MIT professor coin
>actual team
>incredible technology
>real use cases
>consideration for needs of government and industry
>effortless staking rewards
>finite supply

I will be buying this dip all the way down

>> No.28911067

How’s it better than tezos or cosmos

>> No.28911374

>>28910869
the only crypto with a Turing award winner

>> No.28911672

>>28910869
i dont really know what it was anon
*claims 50 algo in rewards
life's good

>> No.28912104

Thought my fellow Algochads might want to see this. Kucoin's banned in my state so I don't think I'll be able to try it.

>https://www.kucoin.com/news/en-algorand-innovation-rewards

>> No.28912112

>>28911374
And an RSA award winner, and a Godel prize winner, and co-inventor of zero knowledge proofs, and more...

Note to all the uninformed, we’re only discussing one person.

>> No.28912503
File: 26 KB, 600x598, pinkwojack3.jpg [View same] [iqdb] [saucenao] [google]
28912503

>>28910869
Is my biggest holding and I have no intention of ever selling. That being said,
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.28912787

>>28910869
Produced by MIT at the same time current SEC head was on staff teaching a fintech course. Comfiest moonshot hold of all time.

>> No.28912944

>>28912503
Unironically this
Feels bad man but in a month it’s going to be at 2 bucks

>> No.28912978

Iso 20022

>> No.28913113

Great another shitcoin. 10billion coins. Eternal dev dump. 300 mill coins introduced in the last few day that are dumping. Worthless.

>> No.28913145

>>28912978
also this. Almost everything in my portfolio is ISO20022. Future back end of the global financial system.

>> No.28913151

Once the circulating supply exceeds the reserve supply the impact of dumps will diminish. We will pass landmarks that will feel like btc halvings. Only issue is that eventually everyone will unstake, but if widespread adoption is achieved the demand will maintain upward momentum.

>> No.28913234
File: 75 KB, 1093x447, SmartSelect_20210216-204321_Hotbit.jpg [View same] [iqdb] [saucenao] [google]
28913234

>>28910869
Buy EVE

>$1+ price target confirmed
>60M circulating supply

>> No.28913382

What's the market cap?

>> No.28913444

>>28913151
Turd world countries will all build their CBDCs on this blockchain.

>> No.28913454

>>28910869
>what made you realize this coin was a scam?
the devs releasing 100M ALGO unannounced

>> No.28913561

>>28913454
feels badddd

>> No.28913579

>>28913382
5.4 billion

>> No.28913788

>>28913382
EVE marketcap is 1M

ATH marketcap is 35M
The great crypto reflation is upon us

>> No.28913837

if it goes down to 1.25 i'll buy more, my previous buys were at 0.8, 0.9, 1.27 and 1.34. should I just buy now

>> No.28913934

>>28913837
1.27 now

>> No.28913949

>>28913837
Might as well, I have now it’s on a dip

>> No.28914150

>>28913837
DCA

>> No.28914159

If this doesn't recover soon then I'm going to be rather sad as it slowly crabs down towards my buyin

>> No.28914166

>>28910869
Why is dumping???

>> No.28914182
File: 674 KB, 1600x900, 1613436780407.png [View same] [iqdb] [saucenao] [google]
28914182

This is a coin that actually has a use case, ensures fair distribution, incentivizes holders instead of miners to dump on you, and is fast secure scalable etc.
Also what the fuck is up with people saying btc is a store of value. isnt a potato a store of value? or literally anything? usually the best stores of value that appreciate have INTRINSIC value aka a use case. FUCK MAXIS

>> No.28914398
File: 86 KB, 960x960, 1613360739258.jpg [View same] [iqdb] [saucenao] [google]
28914398

>>28910869
>I bought algo at 1.38
>its now at 1.28
I don't feel so good guys

>> No.28914415

>>28913788
Thanks will look into it.

>> No.28914480

>>28914182
ALGO is both an ETH & a BTC killer.

>> No.28914719
File: 11 KB, 337x316, transaction speeds.png [View same] [iqdb] [saucenao] [google]
28914719

It's fucked up how slow everything else is in comparison. The whole point of XRP is to be fast but it's not even close to visa while algo is close to twice as fast.

>> No.28914786

>>28910869
I have 700 ALGO but I'm okay with it I guess.

>> No.28914873

>>28914166
Because it went up 130% in 2 weeks? It’s still double it’s initial rest price

>> No.28914990

>>28914786
Dump it because I want it to be under $1 like ada

>> No.28915009
File: 22 KB, 360x360, 841F22A2-25B3-4929-9A98-C4C44AE85459.jpg [View same] [iqdb] [saucenao] [google]
28915009

XRP schizos told me to buy at .30 and I didn’t listen

>> No.28915012

>>28913113
> goes up 200%
> comes down 20%
> IT’S A SCAM
If you’d listened at any point for the past 7 months you’d still be up. Stay mad.

>> No.28915034

These dumps are objectively Jewish and I will no longer be buying into this project

>> No.28915116

>>28910869
All of these, yes.

>> No.28915132

>>28915012
It's going to drop another 50%. Look what it did last time - ALGO is heavily manipulated.

>> No.28915148

>>28913454
> unnanounced
The whitepaper specifically explains how extra coins get released to prevent pumps from getting out of hand
It’s up 70% from where it was before the pump started, and the price target set 2 months ago was 50¢. You just feel dumb for fomoing in during a peak.

>> No.28915176

>>28910869
Im thinking about selling then comming back later when the Bitcoin figures out if its passing 50k or not

>> No.28915247

>>28911067
much better than tezos in regards to speed, and staking ease

>> No.28915252

>>28915132
That’s literally the point
If you want to throw money at casino internet funbux run by anonymous ecelebs, go for it. This is an actual currency.

>> No.28915336

>>28915034
Do you mean the dev team that are dumping their bags?

>> No.28915338

>>28915247
All coins (except BTC) will eventually get sharding, speed is a useless metric unless upgrades take forever.

>> No.28915457

>>28915338
buy 100$ worth of algo, test out the wallet and how it stakes automatically andthen you'll understand anon

>> No.28915465

lol @ the bagholders in this thread getting dumped on

>> No.28915484

>>28915457
I bought 170k ALGO last year

>> No.28915523

>>28915465
I’m seriously so lucky that my cost basis is low. I bought a bunch at 1.35-1.40

>> No.28915536
File: 1.83 MB, 3494x2740, algobreaddin.jpg [View same] [iqdb] [saucenao] [google]
28915536

>>28914182

>> No.28915575

>>28914166
Get more. It's on sale today.

>> No.28915596
File: 783 KB, 1625x1931, Algosaurs.jpg [View same] [iqdb] [saucenao] [google]
28915596

>>28915536

>> No.28915646

>>28910869
I'm a normie and a newbie and this normiecoin is user friendly. It still sucks and will never draw me a dime.

>> No.28915678

>>28915465
I bought it AFTER it dumped but its dumping even more...not everyone was here 2+ months ago faggit

>> No.28915963

>>28915678
> buy something that a single glance at a 1m chart would show was pumping
> do no research despite whitepaper outlining in detail how reserve will be released to stabilize price
> blame anyone but yourself
You’re the typd of person who bought GME at $300 because “the shorts will drive the price to infinity, I read it on tyler durden’s blog”

>> No.28916041

>>28915646
Doing the exact opposite of what newbies and newfags do is a proven way to make money, thank you for the reaffirmation

>> No.28916078
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28916078

>>28910869
>500M ALGOs have been pumped into the ecosystem over the past couple days
>Effectively increasing the total supply by 42%
>Has only decreased in price by $0.40
Yeah, I'm thinking this coin isn't going to the Moon. It's going to the next fucking galaxy and beyond

>> No.28916115

>>28914166
They literally just released $200 coins into the fucking market a few hours ago. These fucking morons talk about HURR DECENTRALIZATION and then drop bags on everyone without a fucking word.

>> No.28916137

suicide/make it of this shitcoin?

>> No.28916198

>>28916115
This was meant to read $200 million worth.

>> No.28916207

>>28916041
but Im hodling 500 of these shitcoins

>> No.28916263

>>28913934
>>28913949
>>28914150
thanks anons i just bought another stack at 1.28

>> No.28916342

>>28915963
thx selling this piece of shit as soon as it reaches back my buy price fuck this piece of shit coin

>> No.28916432

>>28916078
Retards don’t understand how bullish people are on this coin

This is thier last chance to accumulate

> 4 Angie tenders a day here

>> No.28916462

>>28916342
Good riddance have fun throwing money at scamcoins in pursuit of free money

>> No.28916583
File: 2.53 MB, 1600x1067, algorand_comfy_chadfolio_chill_steak_king.png [View same] [iqdb] [saucenao] [google]
28916583

>>28910869
yup. i liked it when it was .25
i like its algo wallet sweetness and ease of use between all exchanges.
now that it proved it can go above $1.00
i like it even more.

>> No.28916584

>>28916462
already made x3 on GRT this week the most scam coin so far was algo

>> No.28916643

I just want to know if we're in recovery mode yet or if tomorrow is going to be another day of recover then dump worse

>> No.28916672

>>28916432
It’s the normal reaction by people who buy the peak and aren’t mature enough to take accountability for their own lack of due diligence. Nothing is ever their fault, it’s the jews/the system/the patriarchy/the koch brothers.
And then when they actually get screwed by the jews they blame climate change and china. It’s bizarre.

>> No.28916780

>>28916643

Yeah I was gonna just say fuck it an buy at 1.28, but now I'm thinking I hold off and wait for this to happen all over again

>> No.28916858

>>28916115
It dumps and then they make it dump again when it almost looked safe. If they want to control the price they should just say what they want it to be.

>> No.28916924

Fuck I'm only being paid by the end of month I need it I need it SO MUCH.

>> No.28916939

Anyone else buy into this at .50 and not sure whether to dump your bags or not. I did barely any DD when I first bought

>> No.28917023

>>28916939
at ~30 cents but the same

>> No.28917083
File: 399 KB, 1015x764, 1613439982070.png [View same] [iqdb] [saucenao] [google]
28917083

>>28916115
Its okay brokeboi. Stay poor

I only have 5000 algo. Can't wait til Friday when Micali makes it rain on me

>> No.28917101

>>28916939
>>28917023
take a chance and see if it gets to 3 bucks.
there is a chance.

>> No.28917200

>>28916939
It may drop below .50 in the near term, but I believe it could approach $50 in 5 years.

>> No.28917210
File: 867 KB, 2280x1080, Screenshot_20210215-143609_Brave.jpg [View same] [iqdb] [saucenao] [google]
28917210

>>28916643
Its going to crab for a day or 3 and then go up, sharp down. Creating a giant cup n handle formation before shooting past $3.

Here's a pic of young Silvio

>> No.28917216

>>28916924
I feel ya bro

>> No.28917260

>>28916858
Because then no one would buy their coin.
>>28917083
I look forward to watching you get a fat shit taken on you by the definitely not centralized whale.

>> No.28917404

>>28917200
>>28917101
Fuck it, I’ll keep some of my stack I guess. May as well hedge against glowies winning the crypto war

>> No.28917464

>>28917260
What do you hold so I can watch your portfolio underperform mine?

>> No.28917831

Can we expect a harder dump on Sunday as usual?

>> No.28917853

>>28917831
Sunday will be uptrend

>> No.28917901

Why are pajeets so desperate to tank this coin?

>> No.28918102

I implore some of you reading this thread to click on a couple anon ID's that are shilling this coin. It's the same 5-6 people posting 7-15 times. They are on ventrillo communicating to PND this shit coin.

>> No.28918207

I don’t feel so good

>> No.28918355

>>28910869
Isn't market cap too high? Not fudding the project but I can see it do a 3-4x tops if I were to buy at this level.

>> No.28918424

oh great and wise algochads, i am retarded. how do i move my algo to the algo wallet off coinbase

>> No.28918463

>>28918355
Price is high right now comparatively. To be expected given the massive pump recently. This is definitely a long term play

>> No.28918485
File: 3.10 MB, 1200x800, 1611538468281.gif [View same] [iqdb] [saucenao] [google]
28918485

>>28917464
What do you even think is going to make this coin explode?
>muh mastercard
Algorand are fud'ing their own coin. Any deviation above $1 or $2 is going to be met by a fat dump as price control. But don't worry, it's definitely not centralized. They are totally not at all acting like a central bank.

>> No.28918552

>>28910869
Thanks for getting me rekt again, biz. Go fuck yourselves you stupid fucking cunts. Not everyone is a NEET leeching off their parents' income, money matters to some of us. Fuck you

>> No.28918575

>>28915457
When normies see this price will sky rocket

>> No.28918661

why the fuck are we sliding so hard

>> No.28918666
File: 1.92 MB, 1387x780, Mr.Micali's Wild Ride.png [View same] [iqdb] [saucenao] [google]
28918666

>>28916078
It's hard to stay positive when all the numbers FUD starts. Not because i'm worried about ALGO but because i'm worried people are seriously as bad with math as it seems.

>> No.28918737

>>28918102

Is /biz/ really enough of a market influence to significantly change the price of a coin?

Im newgay and all but I see ALGO as recommended as a staple like ETH and LINK. Im still trying to learn.

>> No.28918790

>>28918552
It's just a handful of dudes on teamspeak. Not all of /biz/. They're doing good though.

>> No.28918801

>>28918552
Everything's red today, champ. Linkies and Graphies are on suicide watch. Get a job.

>> No.28918833

>>28915963
>> do no research despite whitepaper outlining in detail how reserve will be released to stabilize price
it does not outline it detail it's rather vague about price stabilization. seems odd that within months at each peak or ath the bag holders I mean developers oops foundation has dropped 300m coins onto the heads of the new bag holders. i'm sure all that money raised though is for the foundation and not the dev's pockets and to pay off marketing budgets to shill it more and get more bag holders

>> No.28918876

>>28918737
Not really, but big enough audience for a quick pump and dump. The algo shills got me for a 20% loss. Didn't invest a huge amount though so they probably got pennies from me collectively. Nice job though.

>> No.28918967

>>28917083
you do realize when your APR is less than the inflation rate at which the coin supply is expanded you are ultimately a bag holder despite having more coins right?

>> No.28918998

>>28912787
this...awaiting $10 in 2 weeks

>> No.28919098

>>28913454
you mean the devs gave us a little bit more time to acoomulate at sale prices before we go to the moon

>> No.28919140

>>28919098
Cuck

>> No.28919164

ALGO is literally the safest bet I can make right now knowing its a superior product in every way, and the staking reward just makes it that much sweeter.

>> No.28919204

>>28918424
Download the algorand wallet from the app store or play store. Then create a new wallet and copy the Receive address. Paste this into Coinbase no doubt and send 1 algo first as a test. Then send the rest. This transaction rides as smooth as a benz compared to eth or btc.

If you arent using binance.us as your exchange do so. You save a shitton in fees

>> No.28919236

>>28910869
where the fuck was this i just made an algo bread.

>> No.28919335

>>28918485
Lol so you admit you are so poor and stupid you own nothing and come here to fud. I asked you what you hold and you gave more bs about centralization. If you knew Jack shit you'd know anyone can easily run a node and algo I on track to have more independently run decentralized nodes this year than ethereum. Fucking numb skull

>> No.28919504
File: 774 KB, 1080x2280, Screenshot_20210216-194901_Quora.jpg [View same] [iqdb] [saucenao] [google]
28919504

>>28918967
Unless there is more adoption. You realize the number of unique wallets, transactions,, users in the Twitter, reddit, and 4chan threads for algo are exploding right?

>> No.28919552

>>28918485
> not reading the whitepaper
No shit the group running the coin is introducing their reserve to stabalize the price so it doesn't rocket up 1000% then crash and scare everyone away. go throw money and pajeet coins if you want to gamble on pump and dumps, this is actual currency not a get rich quick scheme

>> No.28919562

>they're coordinating on ventrilo
>the guys I'm coordinating with on mumble told me so!

>> No.28919629
File: 555 KB, 1242x2208, 447803A5-5DEF-4F66-AB81-F1A74F0910F0.jpg [View same] [iqdb] [saucenao] [google]
28919629

>>28910869
If you buy Algorand buy Cudos with it!

It’s the only option for devs to have a complete Turing Machine on Algorand + close relationship between both teams

>> No.28919645

>>28918967
> buy at .30 on christmas
> 2 months later it's 4 times higher
> getting 8% apr the whole time
wow such a scam I should totally sell it all and buy bitcoin at the peak before it crashes 25k in a day

>> No.28919660

>>28918967
Even a cursory dive into this project reveals that it's going to be a hydra servicing everything from carbon tax schemes to banks to credit services to media through to dapp experimentation with it's nodes. It's going to offer key swaps like no other platform and the ability for stablecoins to move everything for .001 ALGO which beautifully scales even if ALGO were to become a giant the fees would remain inexpensive. This project went in intending to service the existing economy in innovative ways.

>> No.28919801

>>28919660
This is the main source of fud. It's not a pump and dump scheme, it's actually a currency.
IF YOU ARE LOOKING FOR SOMETHING TO THROW MONEY AT AND X100 IN A WEEK THEN SELL TO BUY DRUGS WITH, THIS IS NOT YOUR COIN AND YOU SHOULD LEAVE

>> No.28920163

>>28919504
COPE some more

>> No.28920183

>>28919629
Where can I get Cudos? I don't see it on any exchanges available in the US.

>> No.28920204

algo brothers who else is not selling until algo overtakes eth

>> No.28920226

>>28919660
and yet it's used for absolutely nothing in reality thus far. literally every coin in existence that still is or that went to zero and is trash had the same claims to usage

>> No.28920372
File: 701 KB, 696x994, Prosperity.png [View same] [iqdb] [saucenao] [google]
28920372

>>28920226
Remember the ides of March fren we will have the first bit of news then and a bull market that's going to likely cycle quarterly this year. Good luck to whatever you're in but i'm looking forward to a coin making money off normie ventures that tickles the FED.

>> No.28920387

go to mcdonalds?
no problem, my steak will cover my happy meals for my family.
need to refuel the tesla and the tonka?
no problem. swoosh. algo.
steak covers it.

take the wife and kids to maine in the summer..
no problem. algo steak has you covered.

algorand.

>> No.28920435

>>28920226
Those coins weren't developed by MIT professors with SEC backing and ISO involvement

>> No.28920436

Lmao @ the bag holders ITT.
Keep up the cope as the price gets lower every day and as the fags in the algo foundation keeps dropping their bags on you retards.

>> No.28920473

>>28920204
Been holding both for a while. ETH longer than ALGO ofc.

>> No.28920649

>>28916672
It's truly the catholics

>> No.28920687

>>28920435
hope you make it bud but a little skepticism is a good thing. there's plenty of people with fancy credentials who'd sell their own mother for a nickel

>> No.28920701
File: 14 KB, 250x228, 20210215_233510.jpg [View same] [iqdb] [saucenao] [google]
28920701

>>28910869
Bogdanoff did

>> No.28921071

Algo tracking other alts while devs dilute the market. Most likely end users at Mastercard etc developing on also chain and needing liquidity. Once dev reserve runs out, this will rip 10000x.

>> No.28921176
File: 205 KB, 680x546, 1612203541979.png [View same] [iqdb] [saucenao] [google]
28921176

>>28910869
How is the wallet so aesthetic?

>> No.28921268
File: 2.58 MB, 3088x2316, F806D883-3A00-4B25-A35C-1E7580A9C830.jpg [View same] [iqdb] [saucenao] [google]
28921268

Holding 70k of this shit. Don’t let me down, Silvio.

>> No.28921291

>>28920687
If she was churning out MIT professors a nickel would be a steal for dam rights

>> No.28921337

>>28921071
Short term I would not mind it crashing back to .60 or below just to accumulate but like others have pointed out even a 500m coin dump has done very little to the price so far.

>> No.28921421

>>28921337
Checked 1337 boy but no chance it goes to .60.

>> No.28921430

>>28921071
Here we go

https://www.algorand.com/the-future-of-payments.pdf

>> No.28921531
File: 429 KB, 750x788, 78A26C86-DF9B-4FD1-91DB-F22B512DCDD0.jpg [View same] [iqdb] [saucenao] [google]
28921531

Incredible value for this coin. I’m buying more.

>> No.28921727

>>28920163
Facts are now cope instead of your lies which of course are not cope

>> No.28921865

Post amount you hold

411 ALGOS here

>> No.28922117

>>28921865
5k in algo wallet not touching it

>> No.28922182

>>28921865
515 reporting in
a friend who works at the local water district mentioned them to me because they were considering letting people pay bills with crypto and it came up at their meeting as a "safe" crypto and I immediately spent all the spare money from my paycheck after rent and food on it. this shit is going places

>> No.28922205

>>28921430
Good find

>> No.28922340

>>28921865
Bit over 1k, want to buy this dip but no cash to spare

>> No.28922620

>>28921865
10k algo

>> No.28922719

>>28921865
250, just starting

>> No.28922870

the free coins I get every fucking day kek

>> No.28922953

>>28921865
0
I had a few hundred but I sold and will get back in at a dollar

>> No.28923001

>>28910869
>makes avax roaches seethe

>> No.28923006
File: 418 KB, 1864x2048, 6B4F7C3C-9729-40A6-B22E-0D130AD064FC.jpg [View same] [iqdb] [saucenao] [google]
28923006

>>28922182
This motivated me to get more. Thank you.

>> No.28923084

>>28922870
>while its already down 30% and falling further kekus maximus, what a great investment!

>> No.28923143

>>28923084
> down 30% after going up 600% in 2 months
oh no however will i recover

>> No.28923207

>>28923143
by selling but you wont, juste like you got rekt in the last 2 bubbles

>> No.28923299
File: 137 KB, 1000x1000, 1586011744779.png [View same] [iqdb] [saucenao] [google]
28923299

>>28910869
> EVE == 100x

>> No.28923830

>>28916672
>It’s the normal reaction by people who buy the peak and aren’t mature enough to take accountability
/Thread

>> No.28923998
File: 127 KB, 1000x538, pepe Moist.jpg [View same] [iqdb] [saucenao] [google]
28923998

>>28915009
i did

>> No.28924154

Not a pump and dump coin but a great project that normies will trust. That's my surface level dive. Bought 5k.

>> No.28924280

>>28918967
That I why you sell half your stack at 2.5 profit so if it dumps you can invest half of the profit in again and wait for the next pump

>> No.28924921

>>28910869
effortless taking + finite supply. It sucks the price has dropped to 1.14 or so but they are releasing more coins and we are going towards the final supply faster.

>> No.28925044

>>28912503
i own like 140k of algo and have lost quite a bit
of course im hodling because i don't see the value in USDs, i see the value in Algos. and i'm netting 20 something a day.
this drop will make it easier for you to become me. not as easy as 0.10 but a hell of a lot easier than 1.6

>> No.28925207

>>28918737
dont listen to that loser who lost money. ALGO has staking rewards its not a pump and dump i bought at .3150 and am still holding its a pump and HOLD.

>> No.28925313

>>28918876

retards trying to swing ALGO will always get the rope

>> No.28925358

>>28925044
>this drop will make it easier for you to become me
Nobody gives enough of a fuck to become you bud.

>> No.28925428
File: 21 KB, 401x367, 8d3448ea8093e819fa1c4184bdc26ff9.jpg [View same] [iqdb] [saucenao] [google]
28925428

Poor fag here, I hope this shit crashes further so I can fully climb on in

>> No.28925470
File: 25 KB, 637x631, 1613538253514.png [View same] [iqdb] [saucenao] [google]
28925470

>t.

>> No.28925548

>>28925470
Cringe

>> No.28925702

>>28914719
What about NANO?

>> No.28926027

I bought at 1.20 I almost had to break out the pink wojaks
According to coinbase pro the price is slowly going up I think this may be the bottom

>> No.28926068

>>28920387
>take the wife and kids to maine in the summer.
lol why is this a thing?

>> No.28926135

>>28926068
No nogs in maine

>> No.28926227

>>28917210
cup and handle after inverse head and shoulders on the all time chart. very powerful technical formation

>> No.28926288

>>28926135
Except the white ones, lol.

>> No.28926320

>>28926135
Really? Why?

>> No.28926368

It'll pump now, I took out my initial.

>> No.28926743

It seems to have been dropped from Celsius' Coming Soon list.

>> No.28926765

>>28926368
It looks like 1.20 was a barrier that could not be passed it is just such a clean number.
I almost sold but I learned my lesson from GRT but in that case I made 2x I would be losing money with this.

>> No.28926807

>>28912104
Land of the free.