/biz/ - Business & Finance

Just youtube algo staking holy shit zoomer.

>>28714536
so exodus?

bump

>>28714486
Are you retarded?

>>28714553
Or ledger. Or algo mobile wallet

>>28714862
answer my question or I wont buy your shitty shit coin.

>>28714924
then dont, retard

>>28714924
If you can't do simple research into something you're investing in maybe you shouldn't make it with us.

>>28714924
>>28714553
>>28714838
>>28714486
kys

1. Download Algo Wallet on your phone
2. Create your Wallet
3. Send Algo to your Wallet Adress
4. Earn Staking Rewards daily (8% per Year)

Now you're an Algo Chad

>>28714924
We don't need you to pump it up, it'll do that on it owns and the more you buy the quicker it pumps and the less time I have to add profits from other trades here. So in short, go kys.

>>28715139
>>28715139
Thanks. but it's too late gonna buy rubic cause you guys are not a friendly crypto community

>>28714486
Sounds like a bad friend. I don’t have any algo so if you send me yours I’ll download the wallet and screen record what you need to do.

>>28715263
Holy fuck lmao

>>28715263
Sure, just dont forget to sell it in the next few months, time's running out Radesh Pajeet

>>28714924
I don't want someone as retarded as you in Algo threads, so please don't.

much more based thread than the previous algo one, this anon approves. do not buy this coin unless you know what the fuck you are doing.

>>28715366
So you admit its a pump and dump like every other shitcoin

>>28714924
Don’t buy it, you fucking brat. You’re obviously retarded.

>>28715549
ok anon i'm going to help you out. go to google.com and type in algorand into the search. good luck!

Got som3 Algo rewards today in fact. Nice

>>28715263
even your id is poo

>>28714486
as long as you have algo in any wallet, NOT ON AN EXCHANGE, you get free algo for doing nothing. enjoy.

>>28715564
Just to spite you i'll buy 10,000 algos

OP is a retard. It would be in our best interests and not purchase algo and not make it.

aaaaaaaaaaaaaaaaaaaand its tanking again. shorts up boyos! free money ez

>>28714486
Can algo be unstaked immediately or is it time locked?

Also, someone please shill me on this coin. I like that it's a coin and not a token, but why won't it eventually fail like 99% or other alts?

>>28717006
yes it will fail but it might go up before then so you can make a profit first

>>28717006
You’re asking questions that are answered though a simple google search. Algochads don’t give a fuck if you’re too brainlet to do research

>>28715263
i legit rofled
10/10

>>28717006
Has links to some of the scummiest rich people in the world, so lots of vested people that will make sure it succeeds.
It auto stakes in most wallets and exchanges, you don't have to do anything, no external shit, no locked in bs, sell whenever you want, get daily staking $
Its faster transaction speeds, more scalability, and cheaper than BTC and ETH by miles. A transaction cost like a hundredth of a penny and the shits pretty much instant.

>>28715263
Screencapped for future lulz.

>>28715263
KEK

>>28715263
Holy shit how to you function in the world. Kys sensitive cunt.

>>28715537
I want to spread my genes in eastern Europe so bad, too bad the only big Russian community is in JewYork.

Seriously though potential Algochads, you can either move it into a coinbase wallet for 6% interest or download the official Algorand app onto your phone and move your ALGOs there. Its seriously that easy. Algorand's website walks you through how to set up their wallet better than anybody here will be able to explain it to you. This project is run by a guy who won a Turing award for cryptography about ten years and is a professor at MIT along with some of the other members of the team. This project has connections to the Federal Reserve, and yes that is a big deal. This isn't your average rugpull here. Or you can be flip burgers with bitchass OP when whatever the fuck Rubic is goes down the shitter. Up to you. I know what I'm doing.

You bought at today's dip, right? After this is only going up

>>28717103
Fair enough, why will it pump though? Usually when old projects moon, all the long term bagholders dump to get even or take a profit

>>28718068
Okay, so what's the use case or this literally who coin?

>>28720439
of*

>>28715263
kys faggot

>>28720439
Tether runs on Algorand Blockchain, its use case is fucking buy it retard and hold it for that fat staking $$$
If you bought this shit at .30 you'd be making like 40-50% APY of your initial investment. Now what happens to that when this goes to $10-20-50+ = :D
+ It has a hard cap as well for supply similar to BTC + the boomer proof staking which allows even the most retarded amongst us capable of staking.
I'd rather buy shit using Algo than ETH or BTC, and once this becomes more widely adopted it's gonna rocket. Seriously, I've never once worried about moving my Algo around to any wallets or had to worry about the amounts I sent and how much it would cost me to move it like I do with ETH and BTC where I feel crippled at times because of the fucking fees.

>>28714924
NO ONE IN THIS FUCKING THREAD ASKED YOU TO YOU FUCKING FAGGOT

>>28715139
%8? You broke fucks.

I don’t want to hear it unless it’s 300x

>>28720936
Alright, that's interesting. Could algo be an ETH or XRP killer? Or at least competitor?

What is the cause of the recent drop?

Why will it moon soon you think?

>>28715263
good, sell us your algo, you dont deserve it

>>28714924
oh no anon what will we do without your $50 support

>>28721603
recent drop was because people fomo'd and pumped it. i've had it since .3, it's been a gradual climb. suddenly a bunch of people hopped on it and pumped it way too fast, has to retrace or the dump would be even worse. algo threads used to be like 10 people saying "comfy". look at them now. lot of new hands in the mix, lot of people who bought at the top scared of losing more

>>28721603
Quite possibly, I do have all 3 though, but ALGO is by far my comfiest hold.

Probably a stupid fucking question but how are the ALGO staking rewards so high?

I’ve been accumulating long-term holds and ALGO has now caught my eye. I’m trying to diversify now and that 8% APY does sound appealing, as well as the project itself sounding promising. Should I throw $2500 or swap profits from my other positions into ALGO? Alt market is down so seems like a good time as any

>>28715263
Your home country smells bad and your food tastes like shit.

>>28722200
its a scam

Y'all are acting like a bunch of hoes it is clear ALGO is testing the new floor before pumping again, selling now is a mistake.

>>28722910
Normie coinbase

>>28722910
Exactly this. It pumped hard and fast and has to retest support now and find a new floor. It is ridiculous how braindead many people are to not understand this.

>>28721603
The recent drop is just a healthy pullback and consolidation after running so much over the past few months. The safest way to trade this or to enter if you're not already in this would be to wait for a break of that top purple line, preferably with volume. Or if you want to be aggressive wait for a pullback to the bottom purple line, but if you add their you need to have a tight stop incase it breaks down.
I on the otherhand am comfy handing this. No faggy ass diamond hands needed here, no limp wristed shake outs here frens.

>>28723124
I got shitcoins on Binance, Bitfinex and metamask as well kek

>>28723261
Get your algo in the algo wallet and stop letting coinbase steal your 8%

>>28714486
Fucking dummy.
I get half an ALGO a day. Working up to the fabled 1 coin a day. When these babies are 10k each I'm gonna be on easy street baby.

>>28723247
or you could avoid the finger painting and voodoo lines, see the support at 1.42 and if it drops below that were fucked. otherwise number go up.

>>28723548
they steal 1% afaik

Many of you would greatly benefit from taking off your short-range vision goggles with this one. We want you to make it.

>>28723704
Technicals are a means of charting the human psychology of price action. I'll admit I used to think it was bullshit too. Once you learn how to use them you'll minimize your risk and maximize your gains by getting more efficient entries and exits. They don't predict when the stock will go up or down, but it will show you the place of least risk and most gain to take trades at.

>>28723704
And as I said already, I'm not fucking selling cause Algo is going up. :)

>>28720936
>buy $10 item with btc, please wait hours for transaction to complete
>buy $10 item with eth, that will be $110 please
>buy $10 item with algo, that will be $10.001 instantly

algo

>>28724318
Exactly, Algo has a better chance of being the main stream crypto currency of choice for wide scale adoption. Everytime I transact with BTC my heart stops because of how long I have to wait for the transaction to go through and I have to keep picking up my fucking phone or looking at my ledger to see if it went through and with ETH it's just so damned expensive. Especially swapping on Uni, cost like $50-100 for miner fees are you fucking kidding me ><
Algo I go to send like $5000 and they're like "that'll be 0.001 Algo for this transaction".

>>28714924
it's called staking faggot. Now go neck

>>28714924
Please dont buy it.

>my limit order last night would’ve filled if I set it 9 cents lower
I’m not the best trader in the world am I

>>28723247

Thanks, I agree with your lines. I just don't see what it solves or does better than the competition. The TA looks promising, but their website seems a bit full of fluff and buzzwords. Do they have a roadmap?

I'd love to hold this long term, but the performance against BTC hasn't been good so far.

When’s this thing going up again Monday or Tuesday?

>>28725680
1. Algo can handle more transactions per second and can scale more efficiently
2. Algo is cheaper than BTC and ETH to transact
Had ALGO launched ahead of BTC and ETH, ALGO would be the nearly trillion dollar MC coin and people would be like "why the fuck would I use BTC or ETH, those are slower, more expensive, and less efficient"

>>28714486
I collect mine on ledger

Can you have dapps on algo? What about smart contracts?

>>28726653
Fair enough, if's fast and transactions are cheap.
But it has this in common with a lot of proof of stake coins. Why is it better than all the other "fast and cheap transactions" coins out there?

Compared to say AVAX (forgetting the trainwreck happening that just occurred with it there), why is Algo a better project?

What's the x-factor?

>>28726619
Monday (US) 2:30pm eastern

>>28726619
Hard to say, Monday might be another rough one since it's a holiday in some countries. I'm hoping we return to the comfy slow climb.

>>28727208
Retard proof wallet, team has sway in the academic and finance world. Other than not much. I'm betting on the people, not the product

>>28723925
Algo wallet gives 8.11% if you send a $0 transaction once a day.

Realistically how high do you think ALGO could get EOY?

>>28727664
$10

>>28722910
Unironically, this. Welcome to crypto, motherfucker.

>>28727664
4 desu

>>28727208
The guy thats behind it has friends in high places.

>>28727664
how does $0.30 sound?

>>28726896
Yeah I think so.

>>28727714
$4 EoM

>>28726896
Ok so with no dapps and no defi I can't see this on the top 10

>>28727532
A solid team is golden, so many scam artists and yahoos and literally whos are making shitcoins/tokens.

So they have a wallet that isn't a phone app? Can't find any info on their websites.

>>28727688
Dubs of truth
10$ EOY confirmed

>>28727589
do you have to do this every day?

>>28727777
needs to be spoonfed. poo colored id.

>>28727777
Nice quads

https://www.algorand.com/what-we-do/technology#SMART-CONTRACTS

>>28714486
Reminder, you have to enable rewards in your app because coinbase are a bunch of jews.


Note: I only own algorand, but enabled all because why not...

>>28728152
Ty for answer. I def see this as top 5 now.

>>28728109
How else would I get to see you?

only got a small bag

>>28728327
Under what is it in settings? Can't find it

>>28728327
it was auto for me

>>28728576
financial services

>>28715139
GRT is avg of 15%

>>28718068
>Has links to some of the scummiest rich people in the world, so lots of vested people that will make sure it succeeds.

This is what I still don't understand. There are a lot of powerful people behind Algo, and yet it remained rather small and unknown for 3 years or something. Shouldn't this be through the roof already?

why should I prefer ALGO over EOS?

>>28728778
That minus the gas fees

>>28728778
Yeah, but how much do you need to hold to stake? Algo stakes at 1 coin without locking in.
GrT also dilutes the market by 3% yearly

I'm glad to see the last few days shaking out paper hands and the hilarious fud that comes when people are trying to swing stacks. Best of luck to everyone but i'm just watching my stack grow daily and if you pink wojack this below a dollar i'll probably just double my position.

>>28729098
What gas fees? $120 a transaction is totally sustainable

>>28729016
Institutional money has slowly been buying mostly bitcoin for years and the idea of crypto working for institutions and handling things like transactions at high speed is still new. The ISO 20022 standard is the main game changer and that's still fairly recent. They launched with a 3.4 target and sold privately for something like 2.40 and offered up to a 90% return on ICO. Something like 80-90% of them were returned after it tanked. Normies are only barely being exposed to the alt market and the alt market has been exclusively a gambling venue until very recently. Wait for name and institution drops to start in March and then the real FOMO starts.

Tried to send my last 22 dollars in ETH to an exchange...

>>28730034
>Sorry sir, that'll be $50 to transfer your $8.

>>28730034
Yeah I've stopped using the ethereum network. Fucking ridiculous. I've had 40+ gas fees fail for NO reason.

why do you nigfers have to sell all your alts every morning + sundays

>>28730768
> sell alts every morning + sundays
what time in the morning, on sunday?
is this good advice

>>28730768
it makes my comfy weekends so sad every single week. i think maybe ill just check my portfolio on tuesdays only lol

>>28730034
>>28730186
>>28730198
success! I get to keep $2.75 out of $22 after fails and fees.

>>28730034
This is what's so beautiful about ALGO. It's basically ETH 2.0 without the ridiculous gas fees

Did you guys see that Algo FUD thread earlier this morning that said it's backed by the military industrial complex, big banks, & universities?

Most anti-fud fud attempt I've ever seen. Convinced me to buy more.

Like imagine how rich you'd be if you invested in war stocks in like, 1999. Most people are here for money anyway.

>>28731835
>FUD
thats the funniest part, their FUD is that the jews love it

>>28731835
No I didn't, but that type of shit only makes me want to add more.

>>28730943
Why can't this coin have a good hodling chart?

>>28731835
They always forget how superior this project is

Should I sell my 4 ETH and put it in ALGO?

>>28732070
fucking christ that chart

>>28732070
1 ALGO = $0.70

Fuck, can't believe I missed it at that price

>>28714486
>>28714553
>>28714838
>>28714924
>>28715549
I fucking hate lazy niggers like this that can't even bother to scroll for 30 seconds or type a few words into a search bar
the internet has truly fucked people's minds for good

>>28733079
Yes, it was a gift. But now imagine how cheap 1.50$ seems compared to a future 5$ price.

>>28732915
It looks too good to be true? Why wouldn't this overtake ETH?

>>28733420
Give it some time and it will overtake it.
For now, we must spread the word about this coin, moreso to ETH users - their fees suck and ALGO will be their (and our) salvation.

So 5k is the suicide stack?

Do you guys have any price targets? Just curious but I plan on holding long term anyway

>>28719333
M-more?

>>28733094
They aren't worthy. Lower 50% shit.

>>28733630
Plan on getting to 2$ - 2.50$ next week, then let's see if February ends with 3$

>>28733323
>at that price i'd print a free lunch a day

>>28734068
Hey man, I don't know how high Algo will go. Just saying that as an. example. Plus we've got APY: you get paid just for having Algos in your wallet

>>28734178
i know, i got in algo at .3, i didn't expect it to be at 5 for years, just funny to think about if it ever does go to 5 it'll buy me a burger a day lol

>>28733079
It was only 0.70 last week, that's when I got in

>>28734769
Gonna go much higher than $5 fren
Max supply is only 10 billion.

>>28722910
>>28723203
>>28729125
I had been buying and selling up and up, but I went all in at $1.7
Am I fucked, Algobros? Do i just have to fire and forget into an Algo wallet?

>>28714924
go fuck yourself, mongoloid. you don't get to make demands.

>>28735508
All the real money I have made in crypto is long haul fren. If I have to wait more than a year it just means a bigger stack and less tax with this. Some people are good at swings but all it takes is some bullshit candle out of nowhere if you have stops set up and then you're liquidated and someone else's stack. You can try going at bots but they just care about those pennies.

>>28714486
shitcoin
no incentive to host a node
dead coin

Can someone articulate some actual negatives about this coin?

>>28732862
Yes, don't be dumb

>>28735997
The foundation controls about 40% of the stake which is FUD catnip because they will take advantage of people failing to understand that grants and working with institutions is going to take large stakes they need to dole out as well as the planned releases over 10 years.

>>28735997
None to be found, most has been debunked.
It's the perfect coin

>>28735997
Too many big names working with other big names working with big banks, corporations, and governments in this project. See that as a good and bad thing, one of the objectives of cryptocurrency is decentralization and while this team claims the currency is decentralized, it's the only thing that really bothers me about this coin.

>>28736163
yeah, whales sometimes are fucking awful for projects. for something like this that makes sense. i like fantom as a project but the whales are insane in it

What size stack do you need to make it with ALGO?
I have 2k right now

Bought 600 at 1.65, feels kinda bad but it's not the worst thing ever. Think it'll go below 1.40? Think I might pick up 600 more if that's the case

>>28736504
At this point it's 100% dropping below 1.40. As soon as the battle for 1.50 was lost earlier today that was clear

WTF people. at the EXACT same moment all the positions I'm watching drop. Why? What bots are doing this at that level? Algo, OMG and BAT all did it at the same time. But Loom, Mana and AMP didn't. And I fucking wanted those to drop to get in but they went up, and the ones I want to exit keep falling. I'm getting bogged every move I make I'm so tired of it.

>>28736783
The doesn't work, all coins are dropping at the same rate and rising at the same time has nothing to do with Algo. Did OMG not find support either? It's all related to some conspiracy.

>>28733630
Try 10k dude. 5k was at .30

>>28736428
1K

It'll replace ETH

>>28736878
altcoins tend to move together and a lot of these current gen altcoins like algo are held by redditors and newfags who will panic sell

20-50 eoy. A lot higher by 2030 when all coins are out

Does $1000 per ALGO sound realistic? I am starting to think that's not that crazy of an idea when you pair it up with a blockchain agnostic LINK and imagine ALGO providing the crypto basis that ETH could only dream of.
LINK and ALGO seem like the killer combination. Each reach $1000. Each provide staking. Each change the world forever.

>>28736819
i think a lot of exchanges have their bots tied to up algorithms that reflect btc and shit. it's annoying. unless there's hype everyting seems to fall and rise at the same time

>>28737219
>LINK and ALGO seem like the killer combination.
and parsiq kekekekekeke (my personal hopium)

>>28737231
Sounds like it, everything on Coinbase Pro I was watching had a jarring drop at the exact same moment on the minute chart. But on Gemini the couple I was watching climbed organically the last few minutes.

OOOOOOOOOOOOOOOO

>>28737219
1k per coin would be a 10 trillion USD market cap, so probably not likely any time soon unless BTC just falls off the planet

>comfy holding 2.2k Algos in my algo wallet

>>28736783
Just went sub 1.4

>>28737766
Every single thing I'm holding is singing at the exact same moments, and everything I sold earlier is climbing organically. It's all connected. Bugs in my brain.

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

MY ALGO IS FUCKING BURNING ALIVE
FUCK THIS IM SELLING AND TAKING WHAT LITTLE PROFIT I MANAGED TO MAKE WHEN I BOUGHT AT 1.2

>>28737952
You're getting stop hunted lol.

I just Panic sold

Bye paper hands hello new frens

>>28738027
Will it go to 1.20?

>>28738027
>>28737952
Where were you guys yesterday when it dumped to 1.35? I feel like the panic selling is going to be way worse this time since it’s happening when ameriburgers are still awake

>>28737952
>>28738027
Pathetic.

>>28736214
Bro governments have to step in eventually. It’s a matter of time and all projects that don’t allow that will be hunted down. Algo doesn’t need to worry about this shit.

>>28738099
Fingers crossed so I can buy back in cheap

>he didnt buy the 1.30 dip

ngmi

Now a good time to buy some more?

>>28737952
>swinging
You're never going to learn this lesson, are you? How many coins has it been?

fuck it, sold

>>28738249
Yes. I just sunk in another 500 dollary doos.

Do I swing my GRT into algoor bitcoin? Looking to get the fuck out of GRT while I still have >2x

>>28738249
It'll go to 1.2 I think

>went all in at 30 cents
>still holding

I THOUGHT IT WAS GONNA SIT IN THE 1.40s
I BOUGHT 400 MORE AT 1.43
AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH

Ok, got that out of my system

>>28738307
I bought in just so I can come here for the spicy FUD

>>28738297
>whole market down
>FUCK SELL SELL
are you even trying anon?

All these pink wojacks on Valentines is pretty romatic

>>28727208
The algorithm at Algorand's core is the x-factor. It's a thing of great beauty.

>>28722346
Indian food is pretty based wym nigger
Butter chicken and biryani all day

hahaha oh wow I'm fucked. Why did I dump $7000 into this at 1.7? Silly silly me

>>28738249
Support at 1.35 looks decent. Personally I’m hoping it sinks to 1.25

>>28738360
i got in at .30 then got way more at1.70 i was smart then i was real stupid

>>28733420
Because of retards like you, who don't pay attention to the underlying tech, and just want to get rich quick.

Also, people get attached to things...

>>28737053
I hope you're right because that means retirement's going to be in a couple years for me.

>timed the dip almost perfectly
>bought another 183 Algos at 1.35
And I'm already back in the green

>>28738909
How the hell am I going to personally stop this from mooning. I get it. Everything I've seen about it and its connections looks good, but it seems too good.

Imagine not buying dips

Adding at 1.35

the key to being successful is to not give a shit about your money. this makes panic selling impossible.
when CHAD becomes an algo millionaire he has no idea until a week later

>>28714486
i bought at like 60 its gravy all the way up and down who cares. the eth coins that do this are valued at 300-500 dollars, except this network is fast and has low fees, and has a long term future.

>>28738205
This. I'm looking at my bank account and coinbase. lol

good opportunity to scoop up more. A whale is picking up 100K every 2 cents on the way down.

>>28738980
Kek

when regulation comes knocking, and its in the news that btc and eth are costing so much carbon electricity, the devs there will be exhaling weed smoke clouds in irs agent faces while algochads will be holding the mit professorcoin

bought algo at 1.54 last night; it's at 1.26 now.
AAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHH

>>28731835
Can't even tell if that was a real retard or just a troll

Whoever is dumping, thanks. This shift actually is fast and has a sexy wallet. Unironically see this replacing ETH.

already down 10%, should I keep buying the dip?

>>28740682
It's going down to 1.0, sell now

>>28740682
Every time I buy the dip I'm just buying the first part of a cliff, it's pointless and nowhere near the bottom every time I buy.

>>28738980
oh no anon I...

>>28740827
sold half; buy order at 1.0 and sell order for rest at 1.69. Going to not look at it for 4 hours. Will post back if I kill myself w/ vid

>>28738980
>>28741038
kek

just added another 400 at 1.21

>>28741152
ARE YOU FUCKING KIDDING ME AS SOON AS I FUCKING SELL IT GOES UP FUCK THE CIA

>>28741269
Literally just hold it. Even if it crabs, you're missing out on serious staking profit

>>28741269
>he sold
lol

bros we got dumped on

>>28741445
>first selloff is over
based

>>28741445
I bought at .98 and sold most at 1.50 and a few more at 1.45. Could’ve been a lot worse

TIME TO ACCUMULATE

>>28741612
All my money is gone when I accumulated at "the dip" of 1.45. I'm so screwed. Everything is gone. My other positions will take months to recover.

what's this pattern called?

do i buy the dip now?

Damn, whales stepping in big time to save Algo right now

>>28742209
you tell me >>28742205

>>28742205Fukkin just sold fuk

>>28738980
welcome back fren!

>>28738980
Well done, you're in the green :)

>>28728327
>>28728605
>>28728576
use the algo wallet you idiots

I bought at 40 cents and again at a dollar, I'm just gonna wait this out.

>>28737952
dont sell just give me your coins you weenie hut jr ass bitch

>>28742393
>buy high sell low
never change /biz/

Fucking lost everything.

HOLD IF YOUR A CHAD

NEVER SELLING EVER

I have 300 Algos now

It literally just deleted the entire previous moon mission. Fuck this coin.

Bought under a dollar and still holding and accumulating

>>28744617
It's not a moon coin

>>28744588
based and checked

>>28744617
you can say that when it hits .6

>>28744866
checked

i will buy the dip

>>28714486
I am an old fag, but I bought the top like a new fag only with alot of old fag money

>>28745628
Got in most below 1.2 here but idgaf if it drops to .60 I would just get a bigger stack. Shit coins come and go but ISO 20022 and corporate backing are going to be a force of nature.

It's fucking tanking. This crypto is over.

Thread theme:

https://www.youtube.com/watch?v=M6o1SEj02t0

>>28745915
Couldn't agree more. I bought in at 1.3aud so I'm still in front. This is backed by some powerful people, its not going to fail.

nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger nigger

>>28714486
the only thing that pajeet coin has going for it is shilling 6% APY, you ever hear the phrase "what's free is usually a shit coin?"

>>28728508
Based fellow poorfag

>>28746374
https://www.youtube.com/watch?v=vTIIMJ9tUc8

Funny thing is there's hints that a large media company with links to Bollywood with 30m subscribers and 900m Mcap is going to be signing on after the crypto ban in India. Ranjeep is going to be making us tendies watching Shah Rukh Khan.

>>28746374
Instant transactions, free transactions (unless you count .001 algo as costly) more scalable than BTC and ETH, backed by some powerful people retard. Schizo time: Algorand - Al Gore Rand

>>28746849
The other thing I really don't get that on a board full of retards that worship angel numbers and weigh crucial decisions on them while resurrecting long dead gods in it's name is not losing it's shit over a crypto built by the father of cryptography that uses RNG as the basis for block genesis. It's literally the currency of dubs, trips, kek, whatever you want to call it and people are ignoring it.

>>28746849
>>28747040
and it has a trinity as its foundation. Security, Scalability, Decentralization.

>>28735733
this is the biggest loser mentality i've heard. you just ride the trends, aka the moving averages. Buy when it starts trending up, sell when it starts trending down. It's actually really easy if you scale your buys/sells. Right now it's painfully easy since we're in a bull run and you know it'll go back up. Just look for buying opportunities. You won't win em all fren, that's true in hodling as well.

>>28747423
>>28746849
>believes the jews are on their side
>thinks monopoly like tokenomics is the best bet
>doesn't realize when price goes up, so does the transaction fee
>doesn't realize ADA is the better

>>28737231
>>28736819

It's because BTC is the most popular trading pair. Sure there's "bots" but they're notoriously hard to turn a profit. It's simply people using BTC as a trading pair. Honestly it's crippling the market.

>>28742205
Why do these always work the opposite of how you'd expect. Now I would read this as the price continues to dump

>>28736819
unrelated but you should not be in OMG

When Algo drops its gifts upon you isn't that just inflation? If people stop buying your coins willow devalue right? But you'll have more of them so the total value os the same. It's not really free money then is it since buying pressure would naturally raise the coin value by the same amount.
I don't get it.

>>28748727
There’s a reason people shit on Algo’s tokenomics

>>28748727
there is a fixed total supply though

>>28748727
My God these typos. Either I'm having a stroke or my keyboard is broken.
Just reading the Algo tokenomics now. The whitepapers themselves may as well be in Greek but they explain things simply here:
https://algorand.foundation/the-algo/algo-dynamics
So yeah basically they're just watering down the value by distributing more coins. It's a wash.

>>28749656
That won't matter until after 2030 once they've all benn distributed. If Algo is still relevant in 15 years and you are still holding it then the free tokens may become valuable. Perhaps that's the idea: you have to hold for a long ass time.

>>28746044
It’s literally still up 50% over a week ago christ crypto people are retarded

>Algorand does not directly distribute the Algo in countries where such distribution is not yet allowed (including the US), although secondary markets not under Algorand’s control may trade Algos in such jurisdictions.
Ruh roh what means this?

>>28750648
It means you can accumulate before retarded boomers do.

>>28749909
Algo is up 400%-500% in the last 2 months, but apparently I now have to wait until 2030 for the price to go up. jfc ngmi.

>>28750957
I was just trying to work out where the value of the free coins comes from. Until 2030, they have no value. Your stack would be worth just as much if they didn't do it.