[ 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: 30 KB, 900x900, unnamed.jpg [View same] [iqdb] [saucenao] [google]
52618434 No.52618434 [Reply] [Original]

Will Algorand (ticker: ALGO) survive the bear? Why or why not?

>> No.52618532

>>52618434
I don’t really think it does enough to set itself apart and gain adoption. The developer rate on algorand is abysmal. And this is coming from a holder and fan of Silvio’s vision.

>> No.52618601

>>52618532
You don't think Algorand's dedication to the tech and real world adoption will prevail as things like Solana die out?

>> No.52618645
File: 350 KB, 2048x1542, FA6AD668-649A-4129-B410-0E1AEF7CD382.jpg [View same] [iqdb] [saucenao] [google]
52618645

>>52618601
I don’t, there’s no adoption and although the tps and finality is high-middle of the pack. There’s nothing there to pull you to algorand. I post a development chart or current tps for algorand but it’s off the charts low.

>> No.52618670
File: 124 KB, 1080x1539, IMG_20221125_232723.jpg [View same] [iqdb] [saucenao] [google]
52618670

>>52618645
The TPS is up there, so it's not like the chain is completely dead? It seems like the execs at Algorand have enough connections to keep it around for a while.

>> No.52618688
File: 192 KB, 1284x1404, 8215DC62-19F1-4E99-BB72-6A4169FAA59C.jpg [View same] [iqdb] [saucenao] [google]
52618688

>>52618670
Tps- transactional thru put it different than developer adoption- but nah, algorand doesn’t have the thru out for instance to run a decentralized exchange- doesn’t have the thru put of visa by 300x. Compare Picrel- this is real-time taken a few minutes ago

>> No.52618738

>>52618688
Algorand supports 6k tps now, upgrading to 10k probably in 2023. But not all tps is created equal, e.g. simple value transfers vs. smart contract calls. Algorand can do 1k+ tps for AMM exchange swaps, for example. I think this is more than enough for what this space needs today. I also don't think TPS necessarily correlates to price action, which is all that I'm interested in.

>> No.52618755

>>52618738
Suit yourself. I believe the next cycle will be based solely on utility, with everyone now wise to crypto marketing- to me the next bull will be -show me first, already have adoption and a use case. I’m just not seeing it with algorand- again unlike the project, I liked gaining yield on my wallet, I liked tiny man and yieldly when they were a thing- but nothing sustained

>> No.52618780

>>52618755
$0.03

>> No.52618794

>>52618755
https://twitter.com/AlgoFamily/status/1565791839935930368


Algorand has things going for it like El Salvador governmental records, Nigeria IP, Napster, Afghanistani e-payments, etc. Some are live already and some are coming online in 2023. Check out the tweet thread. I think Algorand definitely has a strong focus on utility

>> No.52618862

>>52618794
>>52618645
>>52618532
>there’s no adoption
FIFA+
LimeWire
Lottery.com
Playground Labs
... list goes on
>no adoption though

>> No.52619079
File: 223 KB, 1284x1276, EC9F145D-EED8-4F3E-BD8D-3DF69D6D1803.jpg [View same] [iqdb] [saucenao] [google]
52619079

>>52618780
Cope.

>> No.52619125

>>52618532
>>52618645
>>52618688
>>52618755
>>52619079
>t. literally retarded ICP shill

>> No.52619144
File: 248 KB, 1276x1284, cope.jpg [View same] [iqdb] [saucenao] [google]
52619144

>>52619079

>> No.52619162
File: 107 KB, 1339x555, AAD7329D-9E69-499F-A9A7-B162214545D4.jpg [View same] [iqdb] [saucenao] [google]
52619162

>>52619125
>>52619144
There’s some sassy little algorand anons on here tonight. Ok, so when are we going to see any real adoption on algorand? You didn’t even make the infographic.

>> No.52619191

>>52619079
>>52619162
We only care about what's more profitable

>> No.52619193

>>52619162
>thread about algorand
>first poster and subsequent posts from same ID are shilling ICP
>'sure are sassy algoranders tonight ha ha ha :^)'
shove off faglords

>> No.52619234

>>52619144
kek

>> No.52619236
File: 588 KB, 1024x574, Tonegawa.png [View same] [iqdb] [saucenao] [google]
52619236

>>52618434
>Will Algorand (ticker: ALGO) survive the bear?
Yes
>Why or why not?
Because I say so

>> No.52619248
File: 155 KB, 1249x951, 53296E8E-E8A8-4B96-99D6-BD17EC5EE537.jpg [View same] [iqdb] [saucenao] [google]
52619248

>>52618862
>limewire
Yes, let’s talk about that anon. How’s the limewire ‘marketplace going’ since you mentioned it.
Picrel is the ‘number 1’ nft on that market place, 1 of 2 music nfts the rest are limewire passes. Minted 4 days ago, nothing sold. Nothing sold. Are you kidding me with this?

>> No.52619250

>>52619236
Elaborate?

>> No.52619265

>>52619250
They can’t, they’re just moonboy fags, many such cases.

>> No.52619271

>>52619250
No thanks

>> No.52619531

>>52619236
Eh, good enough reason for me.

>> No.52619590

>>52618434
No

>> No.52619846

>>52618794
>El Salvador governmental records, Nigeria IP, Napster, Afghanistani e-payments
this is fucking abysmal cope, who gives a FUCK where are the users

guys, the second biggest mudhut in somalia just agreed to use ALGORAND to track anal fissure infections! bullish!!

>> No.52619869

>>52619846
Users will be using the chain without even knowing it. Silvio said utility will replace speculation in this space, and he'll be especially right if we get regulations. Algorand is a good utility bet

>> No.52620026

>>52619846
>the second biggest mudhut in somalia just agreed
basically how thefacebook started, clearly didnt watch the social network

>> No.52620215

>>52618794
>napster
>limewire
It's like being in 2003 again lol

>> No.52620693
File: 145 KB, 1080x1080, 1669333336447749.jpg [View same] [iqdb] [saucenao] [google]
52620693

>>52618434
This thread has a pretty decent mix of fud and copium from both sides.
All I know is these bags are heavy and I'm dumping everything if we can get even close to half of ath
They had a good thing going on the beginning but shit got retarded fast.

>> No.52621859

>>52620693
Realest post itt and pretty much how I feel

>> No.52622186

>>52618434
This is the best blockchain but we need dapps. algorand casino is lit but thats it.

>> No.52622691

>>52618434
It will. ORE ID supports it. Mainstream adoption is likely for the blockchain since the entry barrier is quite low as a result

>> No.52622715
File: 921 KB, 1024x768, 1643076716961.png [View same] [iqdb] [saucenao] [google]
52622715

>>52622186
Dapps needed. Developers needed. Perhaps simplified ways to get onboarded are needed

>> No.52623162

>>52618434
once they couldn't pull from ftx they pulled from their other 1, the algorand.

its a fed/jew project to swindle the money.
it'll be blacklisted randomly when the news comes.

>> No.52623172

>>52622715
agreed.

>> No.52623192

The devs get paid in Crypto and dump every second they can

I don't know why retards still buy into Algorand knowing they're going to get dumped on

>> No.52623330

>>52622715
We already have that. Take a look at open rights exchange and its focus to make web3 more accessible for normies

>> No.52623351

>>52619162
Perhaps when wallet creation and authorization becomes elementary for everyone

>> No.52623991

Thanks for the input fellas

>> No.52624021

>>52623351
this. I'm a dev and their docker shit didn't work out of the box.
I'll try again later, maybe. if my 20k stack becomes worth $50k I'll consider developing.

>> No.52625619

Bump