/biz/ - Business & Finance

>>53240031
I’ve got over 100k algos and I never post anymore

>>53240031
Fud has been exceedingly aggressive lately. Very bullish.

DeFi is absolute dog water on Algo
Ethereum was, is, and will always remain the based and checked blockchain for DeFi

>>53240406
ethereum has a head start thats why tvl is higher
ethereum does not scale
no wants to wait long for a transaction that is valued less than its transfer fees

ALGO is king. 12k stacklet

>>53240515
we have modular L2s that generate lightspeed TPS with almost no gas to be spoken of

you have a chain that runs 10 TPS on a very good day

>>53240560
>L2s
we all saw how "effective" those L2s were kek
besides most projects remain on ethereum and only a few build on L2s which defeats the purpose of an L2

>>53240560


>"We have whole other chains that make the original chain usable!"

Lol what a cope.

TPS is over ten right now, and can sustain orders of magnitude more https://algoexplorer.io/

>>53240031
Algo feels like an IRA to me

>>53240597
if you’d put the copium needle down for a minute and actually check previous pic related, you’d realize you’re wrong
a modular L2 testnet is already live and working on Ethereum.
We’ve BEEN waiting for this
>check Mantle Network

>>53240619
>We have whole other chains that make the original chain usable
umm.. okay? … so?
it works amazingly and thats all i really care about
>doesn’t affect security
>doesn’t affect decentralization
>massive boost in TPS
>massive boost in adoption

>>53240637
I wont hate on Ethereum. I like it but I just think Algorand (for now) is better.

Modular L2s are seriously a great concept but they dont exist (again, for now)
until then, Ethereum cant scale mainstream adoption. Algorand however, can

>>53240775
I literally just posted this and you chose to completely ignore it
modular L2s are real and they’re up and working on Ethereum RIGHT NOW (even if its still a testnet)
Ethereum is real. Mantle is real. Mass scalability is real

Algo is gud [for certain situations], but over all its definitely not the best

>>53240827
>phone poster fag
kill yourself this instant

>>53240840
>iPhone 14 Pro Max 1 TeraByte
$1500 before taxes and accessory upgrades
costs more than your stupid RTX 4090
seethe harder kek

>>53240927
Are you really bragging about paying 1500 for an Iphone? You could literally get a samsung with the same specs for 500$ Just need your autistic UI?

>>53240993
agreed
but most lenses in apps aren’t Andriod friendly and honestly im not ready to send a pixelated photo of my face to a woman
~20% discount, yes, but at the cost of pixilated/low quality photos online

>>53241120
You never had sex anyways

Do we think Algo can get back in the top 20?

>>53241733
in theory it should be relatively easy possible.
how much does Aptos take away potential users from ALGO?

>>53240031
17c from the bottom I have no more money to buy so I'm stuck holdling 25k

>>53240031
Miss algo being 6% apy. Oh well sold the top for a 2x and then the coin makers decided to kill it on purpose. Oh well

>>53242581
some coin creators try to scam money,
but does that take away the good attributes of ALGO?

You guys really don't talk about this anymore

what are price targets for this? and a suicide stack?

>>53244595
100K+ is a good stack

>>53244732
i've just accumulated around 40k, unsure on accumulating more until i know what the potential for a target is

>>53244889
You really dropped $8k just like that?

>>53244905
no, ive been accumulating for a few months between 24-16c after seeing all the fud on the board

i wish i was that rich to just drop 8k on some random alt

>>53244984
Good luck on the journey, fellow algonaut

>>53245503
dumb nigger shill

>>53245667
This is an open forum of discussion...
No shilling here

>>53240288
yeah. i can understand shitting on link for fun, that's basically board culture. but algo? it's pretty niche but actively developed and works without downtime since inception. the only thing fudworthy are the usual crypto problems of "why would adoption increase token price" and "why use blockchain at all", imo

>>53240199
similar situation.
algo,link,eth,btc,xmr, and a few dozen really shitcoins, is my thing in crypto..
i do not like the future of crypto at all.
it was fun when it was new.
now i see it for what it is.
also m.i.t. is a very corrupt kike institution.
that should be warred off of this continent.
boston mass is a fucking swamp of disease and cancer that must be warred.

and that saddens me to say that.
cause i used to like and do enjoy m.it. and MA american history alot.

it is just so opposite of what it really is now.
i feel more obliged to kill it, than to assist it.

need another revolution.
violence is the most direct route.
but also maybe the most foolish.
brute force tactic.

maybe that is what is needed.

i fucking hate boston now.
i love its history so much though.

love/hate relationship.

i would move to nazi germany if i could.
fucking kikes.

Amazing tech is worth Stacy's sexual reassignment surgery

>>53240031
been stayed ALGOCHAD the entire time

>>53246686
>m.i.t. is a very corrupt kike institution

Exactly why I own a lot of ALGO

>>53246803

OCTO, VEST and DEFLY

>>53240031
algo is my 3rd favorite crypto project. i only got into it because i like m.i.t. and i wanted to invest in something local at the time.
boston.
it's pretty much like a sports team. except crypto. to me.
the boston crypto. very homo.
i liked algo alot around 2020-2021
now i have a negative feel of it.
i can tell it's compromised and very kiked.
i'm not blind.
i know enough about shit m.i.t. does in the business world to know it is an enemy of usa.
but i like the people and brains. the real people. not the kike demons lurking within.
m.i.t. has always been my favorite college in northeast..
pre 1930's harvard too.
g6
present steak stats.
https://www.algorandstats.com/governance-period-6

reg and vote
https://governance.algorand.foundation/governance-period-6

>>53246803
Hell yeah. That's what's up, my nigga!

>>53240031
Will definitely buy after BTC crashes below 14k somewhere in this quarter.

Bump

>>53240031
As a technology, it's honestly not too bad. The tokenomics were horrible. They fucked up with the accelerated vesting which made circulating supply double within a few months, but the big dump seems to be over now. The VCs got their pound of flesh.

>>53248615

accelerate deez nutz

>>53248615
does that mean you think Algo will be a top performer?

>>53244984
>rich
>8k
jej

>>53240031
foundation killed aglo

>>53249113
Hahhahahahha No.

It will never reach $1

>>53250155
How do you know

>>53240775
Yea, it's one of the best so far, my interest in Algorant started after their partnership with ORE ID and Fifa

I'm making like $4 per day in passive rewards off this yield farm in an Algo DeFi dApp. I'm compounding my stake every week too. A-am I gonna make it?

>>53250794
You're gonna make it fren! $4 per day is gonna be millions in no time.

>>53250873
Not sure if srs or laughing at me

>>53250794
$4/day?
With how much capital?
I make way beyond that in my ORE pairs on polygon

>>53251719
With like $1.3k.

algo is a vc scam keeps dumping like a shitcoin

>>53240288
Facts are not FUD.
fact is that Algorand is 100% centralized (thanks to it's BFT protocol) and only 33% byzantine resistant thanks to BFT protocol.

permissioned core infrastructure is absolute clown tier. the foundation and Silvio himself gloss over this topic with hand-wavy gestures but it'll always be centralized. total lie to say that is "solved the trilemma". interesting tech, but no business calling itself part of Web3.

>>53252641

VC dumped their bags on hookers and cocaine

Algo is dead

>>53240775
It's totally centralized. There is zero point to Algorand, just use AWS. federated permissioned infrastructure renders the network a clown show of centralization.
>>53240827
Ethereum with a Nakomoto coefficient of 2 is also total clown.

>>53252657
VC's are another measure of centralization, sure. but the clincher which ALGO fans are not even aware of is that the network is 100% centralized due to permissioned infrastructure running at the center of the network. All consensus can only communicate through that permissioned core. It's an absolute joke of hyper-centralization and yet they claim "solved the trilemma".