[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 121 KB, 1200x630, algo.jpg [View same] [iqdb] [saucenao] [google]
29179005 No.29179005 [Reply] [Original]

Algochads, I don't feel so good...

>> No.29179095
File: 164 KB, 1080x1080, 1613308377966.jpg [View same] [iqdb] [saucenao] [google]
29179095

>>29179005
i am feeling very well desu, almost 10k stack now. started accumulating at 0.30.

>> No.29179264

We'll go back up to 1.4. then we'll go back down to 1.3 again. Many times, probably anyways.

>> No.29179437

>>29179005
I'm glad these threads are dying may the giant go back to slumber to reawake once more.

>> No.29179647

>>29179005
It will go up once BTC settles down for a while. BTC needs to cool of and dip down a bit and crab awhile.

>> No.29179970
File: 319 KB, 500x375, 1613780269932.png [View same] [iqdb] [saucenao] [google]
29179970

I have split $30,000 between ALGO, VET, BAT, AMP because they are real-world functional items or with a future. Not the most exciting but it'll pay off in the long run.

>> No.29180036

>>29179005
any day Algo is above $1 is a good day
(its worth 50cents)

>> No.29180084
File: 1.72 MB, 2048x1221, C8E8FA2A-9E66-4AB7-A63B-31921CC45998.png [View same] [iqdb] [saucenao] [google]
29180084

Just sold my last 1.7k ALGO.
Get out now. Take your profits and join me in climbing Everest

>> No.29180131

>>29179970
>VET, BAT, AMP
i'll have to look into these. i never see any shitposting about them

>> No.29180210

>>29180131
It makes me nervous to never see them in people's portfolio postings but eh, following my gut.

>> No.29180299

>>29180210
looks like VET and BAT both pumped recently so I'm not buying now at ATH but i'll keep them in mind for later

>> No.29180577
File: 262 KB, 956x521, crab.png [View same] [iqdb] [saucenao] [google]
29180577

Another day of crabbing between 1.3 and 1.4
>b-but my interest!

>> No.29180649

>>29179005
I'm not sure how anyone who's actually researched this coin could care even the slightest about single-percent price movements. This coin solves the trilemma. If you don't know what that means or how this coin achieves that (byzantine agreements and verifiable random functions among other things) you should really just exit your position. ALGO is technologically superior to all the major crypto in the market today (most of which are based on the completely antiquated proof-of-work protocol--e.g BTC and ETH) and seeks to actually bring crypto into the mainstream--the real mainstream, the real world, not just viral shitposts in the twittersphere. The value of a coin, when it absolutely comes down to it, is its technology. Not how many PnD shills it has on twitter. Not how many colorful wojaks unhung swingies post on this Liechtensteinian downhill skiing forum. Technology. Reasearch and understand it, or get the hell out.

>> No.29180785

>>29180649
give me hopium, how high can this fucker go

>> No.29180787

>>29180131
Bat gets posted often

>> No.29180824

>>29180649
I agree with you even though I don't understand the tech at all. I do understand that it seems to have a legit team and use cases and that I should just long term hodl it. That is my plan.

>> No.29181008

How often should i take rewards?

>> No.29181165

>>29181008
It doesn't make much of a difference, and depends on how much you're holding (i.e. how the transaction fee compares to your rewards).

Just do it daily or weekly.

>> No.29181213

>>29180577
If it doesn't dump, does it matter?

>> No.29181399

>>29180649
you don't think any other coins out there are going to also solve the same problem?

>> No.29181412

>>29180785
I fully believe it has the possibility of overtaking BTC. Its intrinsic value is already greater than BTCs and will only increase as more and more applications are built on top of the network. It will take time for the extrinsic value to catch up of course (years) but it's inevitable. We're talking about the equivalent of investing in AMZN or GOOG 20 years ago. If you understood what those companies were doing, it was a no-brainer investment.

Watch the beginning of this video: https://www.youtube.com/watch?v=UrJTxJdkW_8&ab_channel=Algorand

And the entirety of this one: https://www.youtube.com/watch?v=NykZ-ZSKkxM

Even disregarding that the creator is a Turing award winner (which is more prestigious than even the Nobel Prize), if you know anything at all about how crypto works, you can see that this is a huge breakthrough. He literally solved the trilemma.

>> No.29181476

Can I stake on Binance if I don't wanna xfer to a wallet?

>> No.29181485

>>29181399
None that are currently on the market, no.

>> No.29181793

>>29181412
damn it, everytime I'm almost fed up with this thing I read about how great it is and keep holding

>> No.29181831

>>29181485
IOTA?

>> No.29181848
File: 76 KB, 1024x714, 1427388203750.jpg [View same] [iqdb] [saucenao] [google]
29181848

>>29179005
It's gonna be like this until mid March then....!!!!!

>> No.29181863

>>29181793
i think its one of the few long term holds in the sphere

>> No.29182114

>>29181831
IOTA also uses proof-of-work if I'm not mistaken. It also doesn't even use blockchain favoring a DAG instead which has a central node for consensus, meaning it's not even decentralized. ALGO might just be the first truly decentralized crypto.

>> No.29182284

>>29181412
You seem smart so correct me if I'm wrong but even if this bitch matches bitcoins current market cap the price of each rand would only be $100 no? Given theres 10 billion of them. The massive supply is the only thing stopping me going all in

>> No.29182366

This is just a good high yield savings account. Use it like one

>> No.29182386

>>29180649
>most of which are based on the completely antiquated proof-of-work protocol--e.g BTC and ETH
ETH is in the process of moving to proof of stake.

>> No.29182471

>>29181412
fuck I want to go balls deep but I keep wondering why this thing is crabbing at 1-2 when all of this juicy info is just out there

>> No.29182504

>>29182284
>only be $100
Sorry, if you're looking for 1000x gains then ALGO is not for you. This is not the coin for that.

>> No.29182524

Pricing staying so stable is a good thing for anyone who is not a stacklet. I'm just sitting back staking and watching the stack grow every day.

>> No.29182539
File: 56 KB, 673x456, 1613001565834.jpg [View same] [iqdb] [saucenao] [google]
29182539

what's a good entry price, algochads? i put in a buy limit at .90 a while ago and it's never gone through

>> No.29182562

>>29179647
BTC is going to moon until the entire market crashes.

>> No.29182566

>>29182284
10 bill by 2030
if it somehow matched bitcoin before then you would change the math. lets assume half are released by 2030 (idk the exact math). thats 5 bill, so if it matched the marketcap of btc NOW that's 200, yes? not saying that's logical or feasible or even my math is close to correct, but the main point is that it wont be 10bill until 2030.

>> No.29182664

>>29179005
AHHHHH
SELL SELL SELL SELL
SELL SELL SELL
SELL SELL
SELL

>> No.29182709

>>29179095
Mommy mommy

>> No.29182751

>>29182284
The massive supply is there precisely to mitigate the volatility that other coins experience. You can't have a paradigm shift in global economics on a coin that moves +-10% per day. The price will increase gradually but inevitably--on purpose. And that's the way it should be. This is a big boy coin, not the lottery.

>> No.29182782

>>29179005
Bought 850 ALGOs at the dip today bros, how am I looking mid term?

>> No.29182881

Feeling comfy here. Not selling until after circa 2030.

>> No.29182988
File: 42 KB, 1353x751, xyzzz.png [View same] [iqdb] [saucenao] [google]
29182988

>>29182751
is that what these jumps in the supply are?

>> No.29183157

>>29182988
Yes. Read: https://algorand.foundation/the-algo/algo-dynamics

>> No.29183222

>>29182751
>>29181412
based algochad. tell me, how long do you expect it will take to get to 10? what about 100? i know there is no way to know for sure but i'm just interested in your best guesses

>> No.29183918

>>29183222

>> No.29184126

>>29179005
Linkies weren't feeling so good in 2017-2018..

>> No.29184188

>>29179005
dont care, not selling. if it goes back to $1 im buying more.

>> No.29184279

>>29179005
Why? It's a long hold, like LINK, ATOM, LUNA, GRT, etc.

>> No.29184444

>>29179970
RVN (comodities and finished goods asset block chain) and TONE (blockchain for food products specifically) also look good. Simple, good use case, makes sense, no buzzword salad to describe bullshit.

>> No.29184450

PLEASE GET US OUT OF THIS 1.30-1.40 HELL

>> No.29184695
File: 739 KB, 954x1400, 1351094464748.png [View same] [iqdb] [saucenao] [google]
29184695

>>29184444
checked

>> No.29184721
File: 76 KB, 512x512, 1611798568998.png [View same] [iqdb] [saucenao] [google]
29184721

>>29184450
YOU DON'T KNOW HELL

>> No.29185400

>>29181412
everytime I lose faith and feel like fomoing into all the pumps going on all around me this fucking guy comes in the algo threads and lifts my spirits and resolve with his grade A shilling.

>> No.29185544

>>29185400
I'm a dumb newfag but the algo website is 100x more impressive looking to a retard like me than most coins. It looks like it was done by an established professional company with a team that knows what they are doing.

>> No.29185590

>>29181793
>has only been holding for 4 days

Fuck off

>> No.29185790

>>29185544
Checked and I agree. Everything about this project is quality. The lead, the team, the tech, the website, the mobile wallet, developer tools/tutorials

>> No.29185878

>>29185400
Degenerate ass swinger go fuck off onto GRT

>> No.29186105

>>29182366
yeah faggot? what happens when it dumps to .50 cents, where's your fucking savings then?

>> No.29186208
File: 75 KB, 434x600, 507AA29B-9AC8-4F6F-807A-32A37A7E003F.png [View same] [iqdb] [saucenao] [google]
29186208

>>29180036
You are beyond stupid.
Kys.

>> No.29186256

>>29185878
GRT's made me some decent money, so that's not a bad idea. I still like Algo

>> No.29186257

>>29186105
Imagine being this upset at people being happy, investing, and making money

>> No.29186283
File: 243 KB, 521x937, C309C4B2-E8FF-4CCA-8FC3-FD8F564D9030.png [View same] [iqdb] [saucenao] [google]
29186283

>>29180649

>> No.29186460

>>29179005
I'm glad you're finally catching on. I have been in here every day trying to spread the word about the price history. If you're smart, you dump now. Start accumulating again in late June and into July. The next pump will be in August. This coin is dead until August. February and August are Algo season.

>> No.29186495
File: 40 KB, 529x421, 1609628347966.jpg [View same] [iqdb] [saucenao] [google]
29186495

>>29179005
Because you're new
And bought late
Just sell at 3$ and find a new hobby

888

>> No.29186574

fuck I should have sold this at 1.80 or whatever the fucking top was instead of holding onto what amounts to complete and utter dogshit

guess what folks in ten years this dogshit might be worth 5 bucks isn't that fucking exciting? don't you just want to run into oncoming traffic?

>> No.29186910

>>29179005
When this thing is going to each .90?

>> No.29187142

>>29182782
how does $850.00 sound?

>> No.29187152
File: 5 KB, 204x247, images.jpg [View same] [iqdb] [saucenao] [google]
29187152

Friendly reminder that the world's first national digital currency, the Marshallese Sovereign, is being built on Algorand's blockchain. Many stablecoins (Tether, USDC, etc.) have migrated to Algorand. Quite literally, you're going to see a future in which national digital currencies become a thing, and all of them along with stablecoins are all going to be built on Algorand's blockchain. Everyone will have an Algorand wallet preinstalled on their phones. And transactions will be paid online or at the register with this wallet.

If you want to invest in a coin that's going to revolution global commerce for decades to come, this is the one.
If you want to keep chasing the ETH token of the week, don't go crying to us when we said "told to you so."

>> No.29187210
File: 595 KB, 1080x2280, Screenshot_20210220-091732_Samsung Internet.jpg [View same] [iqdb] [saucenao] [google]
29187210

>>29186574
>tether fraud

There's only one with authority and clearance so far.
The other due for clarity
Is the show for the masses.

Unironically iternet 2.0
Why were eftpos , internet banking , and rfid chips implemented in Australia before global adoption hmm?

Why is meld aus
The literal representative of global pm mining and trade
Using algo currently in aus ?
"We are not a blockchain company trying to adopt or get into the pm market, we are the pm market of the largest pm industry leaders and holders of the globe , using and coming into the blockchain sphere and we have chosen algo."

But yeah w.e

Gamble on the alt coins until 98% of them are plummeted to zero
As exchanges seize assets as people will flee en mass trying to cash out causing congestion...
happening now

>> No.29187285

20k stack reporting

>> No.29187346

It's that 15% inflation. I got out. Just don't see the demand to be able to handle that sort of inflation

>> No.29187357

>>29187210
The world is a bad place, a bad place, a terrible place to live, but I don't want to die

>> No.29187754

>>29187357
K.
Christ is king and he's back
Just stop being worrisome
The world is made of food
Free energy is opposing magnets on a shaft with a armature and positive negative brushing

There you go. Largest worries and fear taken away.

Everyhting in between is a lesson

The steering wheel has been yanked from the p.a.b.

Ciao.

In the end
Christ doesn't gaf
He's here for the children.

>> No.29187795

>>29186460
>Start accumulating again in late June and into July. The next pump will be in August. This coin is dead until August. February and August are Algo season.
What are you basing this on?

>> No.29187891

>>29187152
Ok so how long to 100x?

>> No.29187892

>>29187346
I think I bought your bags dude.
I will send you pictures from my villa. And I will buy you some rope from your local Walmart to complete your humiliation

>> No.29187976

>>29187795
His nigger brain.

>> No.29188046
File: 65 KB, 1080x787, 150548866_2791824514467049_610556785757924930_o.jpg [View same] [iqdb] [saucenao] [google]
29188046

>>29182386
ETH has been "in the process of moving to proof of stake" for 4 years, faggot

>> No.29188085

>>29182539
Just buy now or you’ll miss the bull run

>> No.29188105

>>29180649
someone here gets it
theres another token/network that uses byzantine in comparison to its competitor which has a highly exploitable network (once someone finds the right exploit, there will be no stopping it) and people are throwing way more money into an inferior network just because its been shilled on here and nobody bothered to look into what actually runs each network

if its shilled on here, be suspicious
if /biz/ hardly ever talks about it, its gold
just remember BTC got laughed off here

>> No.29188356

>>29179095
Similar stack same buy points, just doesn't feel like enough, but it never does

>> No.29188570
File: 191 KB, 958x715, 1613319549731.jpg [View same] [iqdb] [saucenao] [google]
29188570

>>29179005
I feel fine but I got my huge bag at .29 so there's that.

>> No.29188661

WHY IS IT DUMPING

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHH

>> No.29188959

>>29188105
>just remember BTC got laughed off here
wanna know how I know you're a newfag in addition to a tourist shill?

>> No.29189031

sold off today at a small profit and put it in LINK, and I've already tripled those gains. ALGO will be important, but it won't make you rich unless you got in when it was a nickel.

>> No.29189158

>>29189031
How could you triple your gains in link in one day faggot.
I own link and it’s only up 20 percent so....
Try harder nigger

>> No.29189462

>>29188959
be less obvious faggot
>>29186460
>D-DUMP NOW
faggots like you were the ones fudding against bitcoin and turned on your opinion once it got enough attention

>> No.29190152

When I make gains from gambling on shitcoins I'm essentially going to dump half in bitcoin and half in algo for long-term holding.

>> No.29190799

>>29187152
>If you want to keep chasing the ETH token of the week, don't go crying to us when we said "told to you so."
cant I do both? Algorand doesnt need to be an all-in investment. It's just a glorified savings account. If it ever makes me money it'll be years from now.

>> No.29190830

>>29186460
>Misses Pump
>Tells everyone to dump

FOMO

>> No.29190943

>>29189158
he's saying he tripled the small amount of profit selling off. Not LINK tripling in value. Learn to read.

>> No.29190953
File: 45 KB, 1200x667, algorand.jpg [View same] [iqdb] [saucenao] [google]
29190953

Ok guys how long for this to 10x?

>> No.29190986

>>29190953
crabbing time multiplied by ten

>> No.29190988

>>29190953
Lol my sides

>> No.29191014

>>29190953
how's 15 years sound?

>> No.29191417

>>29190953
From what I'm able to gather, seven to nine months from now

>> No.29191652

>>29191417
>From what I'm able to gather, seven to nine months from now
based on what?

>> No.29191931

>>29191652
Just trust me bro

>> No.29192212

3-19-21

Save the date. Hope your algo bags are packed by then.

>> No.29192219

>>29182751
>This is a big boy coin, not the lottery
this
all fucking day

>> No.29192272

>>29190986
its part of the algorithm