/biz/ - Business & Finance

[Anonymous No.28927253]

>friend tells me to get a Ledger
>promises he'll send free Crypto
>it comes in the mail and I set it up
>give him a receiving address
>he sends me a little bit of Algo
>look at the transaction history
>his reward for sending it was more than he gave me
>he just did it so he could get more Algo

[Anonymous No.28927540]

>>28927253
You can just send 0.00 transactions to yourself sooooooooo...

[Anonymous No.28927633]

>>28927253
Used you like the slut you are

[Anonymous No.28928880]

>>28927253
yeah algo is cool

[Anonymous No.28928972]

It's the Nano of 2021. This shitcoin already has a $2 billion market cap. x10 would put it on par with Cardano.

[Anonymous No.28929123]

>>28928972
It could be worth something, but only 16% of algo's supply has been made available. That means massive inflation

[Anonymous No.28929174]

>>28929123
that massive "inflation" is called "steak"
and it goes to algo holders.

[Anonymous No.28929209]

>>28929123
So it's going to plummet like a rock. Are they gunning to be Fed coin?

[Anonymous No.28929350]

>>28929174
Do you mean "stake" you illiterate troglodyte? Do you even know what programming language are algo smart contracts written in? If you're gaining interest at 8% and the coin is inflating at a rate greater than that, you're losing money.

[Anonymous No.28929425]

>>28929209
Looks like they are going to do CC transactions, banks deals, be an umbrella for stable coin transactions and so far are Fed friendly given all the connections Mr.Micali has through his team. Even fully diluted to 10B coins with Bitcoins Mcap you could have 100 dollar ALGO. Given the fact ALGO is going to be doing heavy lifting for financial institutions and is ISO 20022 compliant I think their MCAP could easily beat Bitcoin through utility and fee's instead of pure speculation.

[Anonymous No.28929748]

>>28929174
>get 7% staking rewards
>price goes down 7% due to inflation
Algo holders will coom over this.
There is a reason the adjusted reward on stakingrewards dot com is shown as zero (0).

[Anonymous No.28930043]

>>28929748
You are beyond stupid kid

[Anonymous No.28930073]

>>28927253
Lmfao you got used like a whore

[Anonymous No.28930217]

> goes from .30 to 1.80 in 2 months
> goes back down to 1.30 in line with the whitepaper which explicetely says they'll introduce more of the reserve to stabalize the price and prevent pump and dumps
> people who bought it at the peak without doing any research complain and say it's a scam
these are the kind of people who bought GME at 350 and think capitalism is evil because they got fired for no-showing 3 days in a row

[Anonymous No.28930471]

>>28929350
You write PyTEAL?

[Anonymous No.28930509]

>>28929350
>Do you mean "stake" you illiterate troglodyte?
Found the retard.

[Anonymous No.28930609]

>>28929350
>do you even know what programming language
holy midwit

[Anonymous No.28931133]

I am fiscally ruined