/biz/ - Business & Finance

3.3k sats before any move above previous high

>>21695096
Everyone is staking with algo u literally just have to hold it

>>21695311
Checked, I'm a newfag anon can you explain more?

>>21695096
$2 minimum EOY.
staking in the algorand wallet.
comfy. buy boston fed coin. better stats than eth. circle is going to run usdc on it when the flip is switched. I mean i have less than 5% of my stack in it but I think its a good short, and medium term hold. theres a lot of em though.

>>21695419
this. comfy for the next year, imo.

>>21695419

probably get me a small stack this week and start staking

>>21695096
Went all in except for .1 BTC.

>>21695358
I'm so happy seeing posters like you on biz. It's great for a couple reasons

1.if newfags start flooding into biz and crypto, that means more trade and more gains
2. Crypto and business in general only actually ever goes up and everyone profits AS LONG AS WE DON'T FUCK EACH OTHER OVER AND HELP EACH OTHER PUMP VALID PROJECTS
3. Reminds me of myself

>>21695628
based kind anon.

>>21695628
Not a total newfag. I made money off LTC in 2017 (shitcoin but that's the only one I could afford) sold near top and havent touches crypto since. Were all gonna make it right?

>>21695358

https://algoexplorer.io/rewards-calculator

>>21695096
And i want to build a bigger bag but algo is supposed to flood with more tokens in sept so idk if its the right time to buy

>>21695096
>Algo-what?
dafuq does this shitcoin even do?

bought a mini stack yesterday after reading silvio's blog post.

>>21695096
Zenon. You have about 1 month.

>>21695096
I bought 140 of them so far. Thought it tracks LINK pretty well, but it hasnt tanked like LINK did

How the fuck will the price go up if a fuckton of ALGOs gets released daily + all those gorillion token release every 6 months?

>>21696293
basato

>>21696283
This can we get some use cases to dispel FUD? Thanks anons

>>21696987

No, you shithead.

>>21695628
Agreed, most people here are shills. And desu it is hard to tell the shills who belive in the coin from those who are looking to pump.
Algo is a solid project, definatly worth dyor on this one.

>>21695096
Holding 5k of these, anon. EOY I think will be around $1-2 if the market is doing great.

>>21695358
Well this would be a good start to research :)

>>21697159
Based more DD please

>>21697285

algo is the most beutiful project ever seen, it is like geeting a 90s vibe with a nostalgia hit, any investment done in algo is like investing in google in 1999

>>21697340
Moar

>>21697340
Kadena which was part of the project funded by JP Morgan can do 450k transactions a second what makes this tech which is just slightly faster than ethereum exciting

>>21697345
every price estimate has $1-$2 EOY, $1-$3 EOY2021. How is this like the googs?

>>21697366

>>21697410
>>21697418
Based moar knowledge anons

>>21697411
it means that you will profit, just enjoy the ride

Is it just me or does everyone act skeptical and question use case / devs etc in algo threads, yet when I go in pretty much any shitcoin thread it is a bunch of memes and fun? Why is this the case? I'm not saying it is a bad thing for the people to be skeptical or do research. Are we just too autistic to make a real project memey enough for mass /biz/ adoption?

>>21697584
A lot of the shitcoin threads are LARPs. It's fun to request to do the needful sir.

>>21697584
It's because shitcoins are obvious shitcoin, people are curious about this one. Skeptics are believers wanting to be convinced.

>>21697418
Data fabric’s IOTA my nig. XRP Le standard

>>21697883
Do you really think Data Confidence means internet of things? It really seems like an oracle.

>>21697777
Checked remember to do the needful

>>21697584
Yeah basically people see algo as a "safe" play that will only 3-5x long term. Most anons are looking for the super shit coins about to 10x because they see the memes and things like link. Thing is, most anons lose money doing this... It's just a gambling addiction.

Tbh, I think algo will win out amongst the "ETH slayers" projects. I can see this coin easily hitting 2-3 billion market cap and fast just because of the ACTUAL tech that is already live... The team is ramping up marketing and already gets companies moving over to their blockchain easily. There's a reason IDEX jumped ship and started rebuilding on algorand. There's a reason usdc chose algorand. It's going to happen soon enough, but people are worried because of the "price".

Most of biz agrees the tech is phenomenal, but since the price will only be a slow steady growth, people are pushed away. The reality is, people don't realize that the max circulating will only be around 3 billion which is similar to IOTAs current circulation.

>>21698050
Be honest im happy with just parking a few thousand in projects I dont have to cautiously watch throughout the day to make sure they don't dump

>>21698136
>>21698050
>>21697834
Good points thanks and agreed

>>21698050
This is why most of my money is in ALGO and XRP

>>21698136
Agreed. I think all of the projects are really good amongst ETH, ADA, IOTA, Tezos, and ALGO, but algorand is the one who already has their blockchain live while solving all of the issues in layer one that the rest are still attempting. ETH2.0 won't fully release for another year.. Maybe even two with how they're talking. IOTA finally got their 1000tps and feeless basically, but still are working on smart contracts. ADA is still working on everything. Algorand already is live and working on getting even faster transactions to handle more volume for mainstream financing. I'm not even shilling it, I'm just laying down the facts of where these projects are at. The crypto space for these projects in the next two years is going to be fun to watch as they battle it out.

>>21697418
kek nice to see my handiwork lmfao. I circled the crypto’s for some brain dead new fag

>>21698328
Whats your opinion on hadera and kadena?

>>21698328
How is ADA still working on everything? They were in that state 3 years ago and still top 10 MC

One we hit 10 I'm converting 13 of these into BAT

>>21698328
And tezos?

>>21696283
Ethereum without the technical debt. Super solid MIT based team behind it and an actually sane POS and scaling solution.

>>21698961
my third biggest hold. self amendable blockchain mate. don’t doubt the saturnists

Algo is the only crypto I'm willing to hold big stacks in.

>>21698718
Algorand has also been in development for about 3 years, but they didn't really come out and start showing their team/stuff until last year. Even vitalik talked about algorand when speaking back in like 2018 at one point. The reason vitalik knows a lot about algorand is because ETH is actually very similar on how they approach the development. What people don't realize is that ETH2.0 is trying to replicate algorand in many ways to scale. Sharding is one example that comes to mind. Many people in the crypto space know the concept of Sharding and that eth is trying to accomplish this. Algorand already has Sharding in their blockchain with their smart contracts, but people don't realize it. The difference is, algorand's team has few, but TOP notch quality developers. That's how I heard about it to begin with. That's why algorands tech is currently superior at this point in time.

All of the projects I discussed have been in development for about the same time frame other than ETH. Instead of rushing to advertise like the rest, algorand chose a slow and steady approach it appears. They didn't need to flash anything to get funding since they already have insane connections with their executives on the team. Lots of potential here.

>>21699547
Algo could be a 1999 Google tier investment

>>21697777
doing teh needful and checking, sir

>>21698843
kek

>>21698688
Sorry anon, I'm not as familiar so I can't give you a good answer on those two. Seem interesting, will definitely research!

>>21699512
wow cool enjoy your slight probability of >>21699547
two x in five years while everything around you goes 300% overnight ! very smart !