/biz/ - Business & Finance

feels good to be an algochad

>tfw you're only a poor algolet
I can only hope this is good news for xlm and (especially, since it's the majority of my holdings) xrp.

>>22360715
Damn, I was only able to get 10k algo after seeing that post. Was hoping to up it to 25k next week....

unironically eth 2.0

>>22360715
I listened and picked up a small bag. I hope it's not too late to add more.

The price is literally dumping right now.

Gonna wait a bit and buy 20k of this see you fuckers on the moon

>>22362124
https://www.youtube.com/watch?v=9EcjWd-O4jI
PUMP IT

>>22360715
I apologize.

But you understand that at the time, we had no way to verify the USDC that popped up on the ALGO network was the official asset. Could've been made by anyone for all we knew.

>>22360715
literally the new eth, >$1000 in ~3 years guaranteed

>>22362428
Based. I love when normies keep selling because of ''muh dump'' meanwhile i will keep stacking. No way im missing easy 1k per token gains. I may be a poorfag but im still gonna make it

Fuck I wish I bought more at its low...
Been too worried about buying anything other than BTC/ETH/LINK lately that I missed out on make sick potential gains with this.

>>22362568
Doesnt matter. Keep stacking or regret when it moons over eth

Estimated price eom?

>>22362568
Don't forget anon, people felt like they "missed out" buying BTC at $100. Or even $1000.

>>22360715
You know I was going to dump .1btc into it that day, then decided against it.
whoops

>>22363147
It's still only at 43 cents right now.

>>22363176
and it'll drop again.

>>22360715
Whattup. I'm back from my VACATION BAN thanks JANNIES AND FUCK YOURSELVES.
T. the guy who coined "the algorithm is working"

>>22361491
This
Fucking retard pajeets and quickrich faggots honestly think someone like trump would let eth transactions at such stupid fees and run by a literal queer
Why
Choose
Eth
When
Algo is 10 seconds faster
Charges 0.001 alog per transaction
And doesnt need to be chsrged for data and has their own oracles
Imagine trump or bankers going
"Aww yeah lets pay that slow cunt more for less"

>>22363438
It was updated during your leave to be more "biz friendly" anon.

>>22363579
MIT...MIT...MIT

>>22364375
When was this taken?

>>22362273
I completely understand. Getting through the scams on biz nowadays is pretty hard. I wouldn't blame you for thinking it either considering I made that thread around 2am... I was shocked when I woke up at 9am that it was still going with 300+ replies.

>>22364388
May 11

>>22364375
Nice anon. I like it better than this one.

>>22361291
kek at this sad faggot posting in every thread with his dead 2017 shitcoins

>>22362428
>>22362535
do you guys understand supply and how it relates to market cap? because ALGO has a 10B coin supply. the current market cap is essentially $4B at $.40 it’s never going over $1 let alone $1000.

>>22364528
do you understand the difference between circulating supply and maximum supply you dumb bitch?

Buy your suicide stack bois

>>22364792
yes. total supply is nearly 10x circulating supply and this team has stated quite transparently stated that they will continuously print and dump more coins into circulation every time the price goes up. good tech but will never moon due to the worst tokenomics in crypto. absolute ceiling on this thing is $1-2 dollars. but hey at least you’ll have your 5% staking returns (even though you can get more than that with a dividend stock kek)

>>22364336
kek I did that one, too. here's the blank. you can import it on pixlr.com and use the same font if you'd like

>>22364909
how much?

>>22364528
ok now apply this logic to apple which has 5 stock splits (and counting). PLUS all it would take would be for the foundation to say that they plan to burn some tokens on transactions to really crank up the jews.

>>22364918
sorry it’s actually more than 10x. so the effective market cap is really around $4.25 billion at current price. I don’t doubt it can actually reach that market cap but the coin price will be around the same price it is now when that happens.

>>22364945
10k fren...

Rndr is switching from eth token system to algorands system. Bullish af for both

>>22364992
a stock split is not the same thing you fucking child. this would be the equivalent to apple doing a secondary offering of $18T worth of stock which would absolutely obliterate all shareholders.

>>22364450
I'm not, actually. It might surprise you to know that a great many people are invested in certain coins that relate to certain things.
But if it makes you feel better to call people faggots and lie, knock yourself out. You're only making yourself feel bad.

Eth is being abandoned for instant transactions at low cost. Staking will replenish your transaction costs, making it essentially free.

>>22364945
6700 ALGO being staked will earn you slightly over 1 ALGO a day in interest.

>>22365110
5k USD hhuh....
this is a fat green candle to buy into

>>22365195
Wait for dips... accumulate slowly, stake your coins...

should i be buying to hold indefinitely and live off the staking? or will it be something I should sell at somepoint?

>>22365218
any magic number worth looking out for?
also
>>22365177
that's beefy

>>22365241
You'll be able to spend it directly for high value things you'd want to buy... something something swaps for USDC and other things

>>22365241
Sell at some point between 4x and 10x.
Comfiest hold in all crypto.

>>22365177
Is the interest rate constant? What happens when all the new coins are added into the supply, do staking rewards stop?