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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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52682195 No.52682195 [Reply] [Original]

It just works. It's fast, it's cheap, and it has some of the brightest minds on the engineering team. They've been silently building during the bear market and lots of developers are launching dApps. I have a feeling it's going to explode when the markets start healing. Your thoughts?

>> No.52682309

>>52682195
> when the markets start healing
Anon…

>> No.52682361

>>52682195
Yeah it’s good tech, ALGO, xrp, and xlm are my top 3 in terms of their utility.

>> No.52682450

>>52682195
Has it been featured anywhere in advertising during the world cup?

>> No.52682545

>>52682450
No. It would be a waste anyway, just like it's not doing anything for crypto.com

>> No.52682604

We should expect to hear the same bullshit as we hear in every other thread.
>Foundation gave $15 mil to an African compsci educational program!
This single grant is dwarfed by their numerous ACE programs with top global universities. (https://www.algorand.foundation/ace))
>It’s inflated like a billion percent in the last year!!
It only makes sense to buy now, then.
>The Foundation dumps ALGO constantly without ANY restriction to pay for their lavish parties and climate bike bullshit!!!
The less ALGO the foundation has, the better. Even then, they recently established Algorand Ventures to undercut the sharks at Borderless Capital and replace their broken grant program.
>Silvio Micali is a con man!!!!
Prove it. Peppercoin was a fine idea when credit card fees were exorbitant, it just fell through when it was no longer needed. Seriously. If anyone can prove that Silvio Micali made Algorand as a pure cashgrab and nothing more, I will sell my entire stack.

>> No.52683155

>>52682604
Amen. Algorand will catch many by surprise.

>> No.52684066

>>52682195
It’s fucking dead

>> No.52684098

>>52682361
Classic retard opinion

>> No.52684171

>>52682604
>The less ALGO the foundation has, the better.
You are entirely reliant on these incompetents for the ecosystem to survive since it is completely centralized.

It’s a no win situation, you need them to fund ecosystem growth and business dev but cannot trust them not to fuck up with clueless decisions and out of touch priorities.

This project will never recover

>> No.52684203

>>52684171
>You are entirely reliant on these incompetents for the ecosystem to survive since it is completely centralized.

Ethereum has a foundation. Cardano has a foundation. Etc.

>> No.52685261
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52685261

Lmao, look at this piece of shit. I thought alts are supposed to outperform big daddy Bitcoin?

>> No.52685837
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52685837

>>52682195
Algorand is best coin?
Algorand will make me rich?

>> No.52686139

>>52684171
The last thing we need from them is AlgoKit, and John Woods, their best employee by far, is leading its creation, should be out EoY. Most of the retards on this board don’t give a shit about anything but token price ( >>52685261 ), so I have no reason to believe that you know what that is or why it’s going to make the Foundation obsolete. For those who need to see the number go up, watch it this month. Decipher was mostly an investor conference, and the fact that it happened in Dubai is very important.

>> No.52686177

I only hold ROSE but if I were to hold anything else it would either be AVAX or ALGO. Yall are alright.

>> No.52686298

>>52685261
Nice cherry picking there bud. This coin has all the ingredients to melt faces

>> No.52686418

>>52686298
Name those ingredients for those of us who aren’t aware. My biggest reason for being long ALGO is that crypto contagion is killing everything else, but there has to be more.

>> No.52686508

>>52686418
World class technical team who are working on their own take on privacy, layer 2s, virtual machine custom built for Algorand, and more. Algorand is working to onboard as many real life projects as possible. If you're betting on utility being the narrative that catalyzes the next bull run, Algorand is a solid bet.

>> No.52686694

>>52686508
Do you know the best part? That and AlgoKit are all that matter! All the NFT drama and Staci’s drunken rage tweets are white noise compared to all that. In my position, I don’t care what happens next year.

>> No.52686858

>>52686694
>I don’t care what happens next year.
That I disagree with

>> No.52686978

>>52682195

Algos going to see some nice price action next pump. 10% of the coins in circulations over the past year, so form 60% to 70% of total supply. Once we start seeing a bit more scarcity, as well as a new administration, we can see a huge pump.

>> No.52686993
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52686993

>>52682361
Not anymore. Because the incompetent foundation sat on their hands and made you miss the bullrun your technology is both mediocre and irrelevant.

>> No.52687022

>>52686993
>i see pee'r talking about "mediocre" and "irrelevant"

>> No.52687039

>>52687022
Our technology is superior algotroon. Cope, seethe and dilate

>> No.52687122

>>52687039
you're on your way to being flushed out of the top 40

>> No.52687147

>>52687122
Still worth more than you. And we've got mario 64.

>> No.52687169

>>52687147
i'd rather hold a coin that actually has a chance to make me some money. icp might be the worst vc situation

>> No.52687267

>>52687169
You'll see when we're running all of web3 in 2030

>> No.52687277

>>52687267
have fun waiting for 2030. algorand is primed to win in 2023

>> No.52687454
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52687454

>>52687022
>>52687122
>>52687277
Can't argue with all those dubs.

>> No.52687580
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52687580

>>52687122
>>52687277
>>52687022
Yeah sorry, dubs win this thread

>> No.52689642

Guys they got Faggotcoin on Algorand https://cointelegraph.com/news/spanish-lgbt-token-responds-to-critics-says-it-expects-listings-soon

>> No.52689672

Not needed scam blockchain, Avalanche is vastly superior and has a realistic and already working horizontal scaling solution

>> No.52689705

>>52689672
Avalanche is a turkroach VC scam lawyerchain. The psychos at Ava Labs came up with the concept of an “Initial Litigation Offering.” AVAX dumping faster than you can say double spend.

>> No.52689874

>>52689705
No arguments besides le heckin epic racist /pol/ slurs, got it.