ALGO CHADS....

[Anonymous No.29668915]

mount up

[Anonymous No.29669115]

>>29668915
The whole market is going to crash soon. Can't wait for 80c algo's. Then $5 EOY

[Anonymous No.29669392]

>>29669115
More like $5 by DAWN.

[Anonymous No.29669842]

>>29668915
stacklet reporting, maybe I can buy a nice cabin and live off the land once we make it

[Anonymous No.29669935]

>>29669842
based. hello fellow stackchad. my goal is to be able to buy an Italian villa with my ALGO, eventually. then invite the MIT team over and we can bob for apples in Lake Como.

[Anonymous No.29670217]

[Anonymous No.29670579]

bitch i got dat algo

[Anonymous No.29671344]

>>29670579

[Anonymous No.29671408]

Poorfag wageslave reporting, I've been scraping the bottom of the barrel of my paycheck to paycheck life to build a stack and I'm like 30A away from hitting the 1k. That was my goal and I can't believe I'm going to hit it. I've been cost averaging since 0.72, I did get burned cost averaging at the top a few times but I also bought all the dips with whatever extra I can find. The next will be 2k but ideally I want to make it with 5k for that sweet 1A/day interest. I won't stop there though, I'm going to keep stacking my stack with my wageslave dollars. Bros, I believe in the ALGOrithm, we're ALGOnna make it.

[Anonymous No.29671616]

I’m just here to say we are up today

[Anonymous No.29672103]

>>29671408
nice job, fren. keep stacking and marinating those steaks.
>>29671616
thank you for joining us, anon.

[Anonymous No.29672125]

>>29671616
Buy pressure is incredible today too, I wonder if accelerated vesting is slowing down due to all the red in the market the past week.

[Anonymous No.29672355]

>>29672103
it's been tough having to cut things from my life just to have money to invest but I know making my money work for me will pay off instead of wageslaving at a fixed income and stay forever poor. But yeah, the steaks are marinating comfily, Algo is such a comfy hold, good people all around. The only ones who ruin the vibe of the thread are the ones who spread FUD.

[Anonymous No.29672401]

>>29671408
the comfiest of holds. i'm also nearing 1k fren. feels good

[Anonymous No.29672478]

>>29672125
>red in the market
did someone mention red?
>>29672355
checked. post your ALGO wallet, fren.

[Anonymous No.29672511]

1.40$ when?

[Anonymous No.29672513]

>>29668915
>being this comfy

[Anonymous No.29672541]

>>29672401
congrats buddy, glad to hear another algobrother in this journey to 1k and beyond together.

[Anonymous No.29672726]

>>29672478
>did someone mention red?
AAAA suddenly it's turning around, WHAT DID YOU DO?!
>>29672478
>checked. post your ALGO wallet, fren.
I would but I'm a paranoid freak and think someone will use the algoexplorer and track my wallet until the day I die if I do

[Anonymous No.29672779]

>>29672726
fair enough. was going to send you some ALGOs so you can hit your limit. if you have an alternate way to share yourself with me, LMK.

[Anonymous No.29672802]

why would i go all in on this compared to something like ADA, or ATOM 7% APY is pretty bad compared to other staking options out there. Isn't this the next XRP

[Anonymous No.29672945]

10k feelin good. But btc always has me uneasy.

[Anonymous No.29672949]

>>29672125
the yield is going down because more people are staking

[Anonymous No.29673026]

>>29672779
It's alright, I appreciate the good sentiment though. I'm a hardworking blue collar man and it wouldn't feel right if I just take another man's hard work, you know?

[Anonymous No.29673032]

>>29672802

[Anonymous No.29673133]

>>29672802
Apy is for selling it to the normies. There is so much more great things but need to keep it simple for simpletons. Linux x Algorand just happened, look it up.

[Anonymous No.29673288]

>>29668915
hope I'm not too late

[Anonymous No.29673388]

>>29673133
checked, but honestly kinda bearish, fren.

https://www.algorand.com/resources/news/linux-foundation-announces-dizmeid-foundation-to-enable-self-soverieign-identity-network

[Anonymous No.29673462]

>>29673026
fair enough, anon. you WILL make it with that attitude.
>>29673288
checked. just on time, fren.

[Anonymous No.29673572]

5k stacklet here I wish I had bought years ago but I was still just figuring out crypto. Feeling comfy with the staking hoping to keep acooooming while we stick around 1$ trying to buy dips. See you in 10 years on the algo citadel frens

[Anonymous No.29673725]

>>29673388
>The effort will combine the benefits of self-sovereign identity with necessary compliance and regulation
IT'S A TRAP, RUN

[Anonymous No.29674016]

>>29673725
it's not, it's just boring, which may be worse

[Anonymous No.29674170]

>>29668915
Tfw 15 FTM staked
15 Aglo staked
$8 in BTC in a blockfi interest account growing other coins that also gain interest

I'm in everything here from crypto to stocks tiny but I still wanna win big someday

[Anonymous No.29674510]

>>29674016
kek, this.
>>29674170
based determined stacklet. ygmi.

[Anonymous No.29674523]

>>29668915
don't forget to compound your algo rewards frens
>https://algorand.foundation/faq#participation-rewards-
"Is compounding rewards automatic?

The participation rewards are calculated automatically, however the compounding effect is not automatic. This is because the rewards are calculated from the last recorded balance on the blockchain, the easiest way to force rewards compounding is to send a zero Algo payment transaction to the target address on a frequent, recurring basis. This transaction will trigger the commit of all accrued rewards and record them to the on-chain balance of the account. See https://www.purestake.com/blog/algorand-rewards-distribution-explained/ for more information."

How-to:
1) download official Algo wallet https://www.algorand.com/wallet
2) transfer your ALGOs from the exchange to your wallet
3) "open" your wallet
4) press "receive" and copy YOUR OWN ALGO ADDRESS
5) exit the "receive" screen; press "send" and paste YOUR OWN ALGO ADDRESS and send YOUR OWN WALLET 0.00 ALGOS
this will cost 0.001 ALGOS to do
6) tada, you just successfully compounded your rewards

you will only need to do this ~every 2 days or so depending on the size of your stack
>https://algoexplorer.io/rewards-calculator
if you're feeling supremely autistic
>https://www.desmos.com/calculator/uxbpvxfjbm

[Anonymous No.29675798]

>>29674523
That's a jaguar.

[Anonymous No.29675924]

>>29675798
yeah, but it clearly says cheetah
learn to read sheesh

[Anonymous No.29676255]

Synched my ledger and staking my measly 420 stack.

Its fun watching the interest compound, wish I was a 5k chad

[Anonymous No.29676290]

>>29674523
thanks anon, gonna earn approximately 3 Algo this year!

[Anonymous No.29676376]

>>29671344
Based
>please select all boats

[Anonymous No.29676384]

>>29676290
based af

[Anonymous No.29676471]

>>29674523
is this worth if one has like $50 in algo?

[Anonymous No.29676583]

>>29676471
see
>>29676290

[Anonymous No.29676636]

>>29676471
The tx fee is .001 so you do the math. I probably wouldn’t bother personally

[Anonymous No.29676701]

>>29676471
use the calculator link I included to see what difference it would make for your stack
the APY for Algo is only 7% rn so you'd only see significant returns with larger stacks
I mostly concur with this anon >>29676636
you need a bigger stack first

[Anonymous No.29676912]

>>29676471
for example, a stack of 5k ALGO nets you ~1 ALGO/day
anything less than 5k is probably not really worth compounding, although you still could if you want

[Anonymous No.29678333]

>>29668915
I asked before but got no bites. Does anyone using the wallet purchase the assets they have listed in the wallet with their algos? Any takes on stuff like Meld? Seems like the /pmg/ guys might be interested in it.

[Anonymous No.29678599]

>>29678333
checked. I haven't yet, and I honestly think the partnership is kinda whack because you can only technically display these assets in your ALGO wallet and not trade with them. plus their website is down right now. http://mese.io.. whole thing seems kind of half-baked, honestly.

[Anonymous No.29678866]

ALGOchads prepare to get mounted

[Anonymous No.29680644]

>>29678866
Oh shit
https://www.prnewswire.com/news-releases/stablecorp-announces-closing-of-c2mm-strategic-consortium-financing-round-to-launch-worlds-first-bank-issued-deposit-based-digital-currency-301235474.html
>"The funding round also includes DV Private Investments, the investment arm of a leading North American digital asset liquidity provider and market maker; Borderless Capital, a venture capital fund focused in the fintech space and leveraging the Algorand ecosystem; and a leading U.S. Bitcoin technology and financial services firm; These new investors will join founding strategic investors 3iQ, Canada's leading digital asset manager and Mavennet, a Canadian leader in blockchain development."

[Anonymous No.29680829]

>>29678333
/pmg/ here. You don't hold it, you don't own it. With COMEX having a major crisis over its inability to physically deliver futures, anything other than holding shiny rocks in your hand might as well just get plowed into mining stocks or directly into ALGO or another coin.

[Anonymous No.29680863]

>>29678333
>>29678599
>>29678866
>>29680644
just look at these fucking digits

[Anonymous No.29680962]

>>29680829
good luck trading your shiny rocks for actually useful resources like food and ammunition
lighters will be more valuable than gold during the worst parts of a total collapse

[Anonymous No.29681180]

>>29680962
>muh total collapse
The dystopia is never going to be that cool my man. It’s more like slowly being plugged into the matrix and watching it happen helplessly

[Anonymous No.29681218]

>>29680962
You're not saying anything that's not common wisdom in /pmg/ itself. Shiny rocks, food, guns, ammunition, water and/or filtration tools, medical supplies, etc. will all be important in such a scenario. Shiny rocks in isolation are basically just an inflation hedge.

[Anonymous No.29682087]

Follow your gut. I was a young man with a full time job when Amazon and Google were just starting out. I knew the internet was the next big thing but pussied out on putting money in. I will not make that mistake again with blockchain tech.

[Anonymous No.29683031]

>>29682087
wise words. basically to make it:
>buy thing that no one knows about or people know about that is beaten down for no logical reason
>wait
second part is the hardest part, as Tom Petty wrote: https://www.youtube.com/watch?v=uMyCa35_mOg

[Anonymous No.29683409]

ALGO GEN
>>29678420

[Anonymous No.29683425]

>>29683031
The annoying thing is that I was buying books off Amazon when it first launched. I used google search when it first came out. i was addicted to the internet when it was mainly navigated via directories. I never trusted my gut and missed out. I get that same feeling about blockchain tech. We are still so early, just temper expectations about timeframe - could be 5 to 10 years before things really explode.

[Anonymous No.29684557]

>>29683425
yep. I was early internet as well (used to make websites in the '90s, wrote progs for AOL, etc etc). even worked at various tech companies over the past 10 years. crypto is it. hold and never sell.

[Anonymous No.29686131]

>>29671408
You can make it bro. I wasin the same boat as you. I scrapped together $200 initially to start investing, and now I've got over $5k in my account, which is still a long way to go but better than I was 6 months ago. It's really hard starting from the bottom when you have no money to invest with.

[Anonymous No.29686919]

>>29686131
What were your moves?

[Anonymous No.29687716]

>>29686919
unironically this.

[Anonymous No.29688036]

>>29676471
In the long run? Yes, definitely

[Anonymous No.29688430]

These cringe Algorand generals are made by midwit bagholders who think this utility token is ever going to be worth anything. It's a big fucking joke. Note that there has never been any announcement of anyone "investing" in Algorand. No they have all just become part of the "Algorand ecosystem". People holding this useless shitcoin are basically funding the Algorand Foundation out of sheer stupidity.

Now you will see people saying "it's an easy flip". Well it's not for Americans because we are taxed on that and it's not really an easy flip even if we weren't. The price is all over the place for no apparent reason at all.

Billions of the ten billion supply have either been given away or will be given away. There is only sell pressure on this POS.

If the project actually survives it's stupid 10 year plan it will still be worth what it is right now. Jack shit.

[Anonymous No.29688434]

>>29668915
Alglowies know

[Anonymous No.29688983]

>>29688430
unironically adding to my position on this fud

[Anonymous No.29689267]

>>29688430
thanks, I think i will trade my BTC for more ALGO

[Anonymous No.29689645]

>>29688430
you think the algochads do not know?
they priced in their 1,000,000+ algo steak chefs
for a solid $0.05 float on algo. ..

you think .025 fud will work? you think $0.33 fud will work?
you think $0.50 fud will work?
you think $1.00 stable coin fud will work?

these algochads were born in it. molded by it.
they swam in the algorand sea of shit for so long they are tempered in it.
hardened by it.
their entire stack is hardened with raw steak.

in 12 years when 1 algo = $100
you will be calling it a $20.00 stable coin...

[Anonymous No.29689670]

>>29688430
keep sniffing that glue, Elmer.