Algorand is a Great Project with a Dogshit Foundation

[Anonymous No.30330382]

Algorand is amazing tech, and I made beautiful profits off of it between Nov. 2020 and mid-February of this year. That being said, the foundation which dictates the tokenomics, the marketing, and the partnerships, is absolute fucking shit. Their marketing is almost non-existent, and they plan on dumping tokens multiple times per year whenever there is significant positive price action, FOR THE NEXT 10 YEARS. No joke.

If you want to see real profits from a next gen DeFi project before the next decade passes, put your shit in ADA, ATOM, DOT, or XTZ. The Algorand foundation will fuck you in the ass every time it starts taking off, for years and years.

>inb4 accelerated vesting
OK. So it might be 7 years of getting systematically dumped on instead of 10. Woopdeefuckingdo.

Peace out.

[Anonymous No.30330611]

i'm just happy and comfy with my APY

[Anonymous No.30330761]

>>30330611
The APY is at 6.03% now. Did you know that it fluctuates based on circulating supply? Not only does the value of ALGO sink when the foundation dumps, but the APY sinks steadily after each dump as well. For comparison, ATOM offers a ~10% APY, and you can consistently get between 7% and 9% on ADA depending on the staking pool.

[Anonymous No.30330826]

>>30330382
I don't know if you remember me but I'm the guy who was deciding of using Algorand as my savings account. I finally made it! 80% of my saving are now stored in the Algorand blockchain. I kept 20% in bank just for liquidity reasons and I've programmed an automatic transfer so all the paychecks goes to to the Algo wallet at the end of the month.

[Anonymous No.30330871]

>>30330826
Yeah this is probably the only financially sound use of this coin

[Anonymous No.30330891]

>>30330826
based

>>30330382
then fork it and provide better governance

[Anonymous No.30331261]

>>30330382
All this FUD is pretty bullish

[Anonymous No.30331281]

>>30330891
>then fork it and provide better governance
I already dumped my Algos into the projects I mentioned in OP. I can be patient (I've been holding BAT and XTZ for 3+ years), but I'm not going to be intentionally dumped on for a decade just to prevent 'volatility'. I'll buy back in in 8 or 9 years when the foundation tanks it to like 0.30 cents.

[Anonymous No.30331371]

>>30331261
>OP literally states facts
>qUiT sPrEAdiNg fUd!!!!!
For once, OP isn’t the biggest faggot in the thread. Congratulations you fucking mongoloid cum guzzler.

[Anonymous No.30331436]

>>30331371
Thank you. Just bought 1k more

[Anonymous No.30331595]

>>30331436
Nice ya fuckin boomer, go brag about it on Facebook on how you collect $0.05 a day while literally coin 10x while this garbage can barely pump 10% before it shits itself.

[Anonymous No.30331767]

>>30331595
Sure. I am up a bit, tho.

[Anonymous No.30331867]

>>30331436
Based Algolini flag

[Anonymous No.30331872]

>>30331371
translation: BUY BUY BUY BUY

thanks anon, always do the opposite of what biz says

[Anonymous No.30331961]

While you were sucking Silvio off, people were making real gains.

[Anonymous No.30332024]

>>30331961
Absolute best argument against this pos

[Anonymous No.30332156]

>>30331961
Thank you. Just bought 2K more, instead

[Anonymous No.30332185]

>>30332156
How does 2100 eoy sound?

[Anonymous No.30332251]

>>30332156
Wish you the best of luck fren