/biz/ - Business & Finance

>>54364092
Tell me fren, I'm currently looking for a good alt for the upcoming bullrun after this latest BTC correction, do you see a lot of potential in ALGO? Why?

Nobody. Just you. Midwit tranny coin is kill.

>>54364116
>upcoming bullrun
ALGO is for the long hold, ADA is my choice for bullruns as long as it's still a top 10.
>>54364119
Enjoy staying poor.

>>54364204
>ask question about why they choose ALGO
>IT'S A LONG TERM INVESTMENT

Thanks for telling me to stay away, another cult married to their chosen platform, jesus christ.

>>54364257
Not here to spoonfeed you.

>>54364116
The entire world will run on Algo and it's price will be $0.16

>>54364092
META is doing a great job building a strong ponzi. going up and pays out dumb apr.

The Russian devs are sus, but they can pump a token like a Ukrainian captive

>>54364299
yes or no on yieldy at this price? they have paid more in audits than current mcap

>>54365465
No, just HODL.

>>54364092
this shit had promise back in the day, but this a baggie coin now

>>54364092
Anon it's algo. It will be even cheaper next week and you can save yourself some money by buying a week after that. It's out of top 40.

>>54365582
Gard, Algofi or Folks?

>>54365775
You sound poor.

>>54364092
glad i sold this shitcoin
verification not required

>>54365898
could be worse but i never invested in algo. tech is nice though.

>>54365969
glad you are seething about your loses

>>54364204
>ALGO is for the long hold
This is why you will always be poor.

All of these tranny coins "backed" by a corporate entity are worthless. They have to dump the token to raise funds.

>>54366130
They should be funded by donations? how did that work for ETH or did they also sell on everyone?

lol OP is one of very few "people" bullish on algo. accept reality, this coin is already dead

>>54366663
What do you hold?

just bought another 10k currently at 90k alogs selling at 2$

>>54366903
This is the way. I am working towards 1m. Sell at 2 is easy money

>ETH will always be worth more than ALGO
Lol, lmao even.

I have 20.000 in algofi and I'm going to collect a nice governance reward + defi bonus.
But I'm probably going to sell. Buy more BTC and forget about crypto. I really liked algo but man it's a punch on the balls after another. First they hacked tinyman. Then myalgo. What's next? Algofolks/algofi?
We went from top15 to top41. Have you seen the absolute scams above algo? I just cannot understand it.
Jesus fucking Christ. My average is $0.7 and selling is gonna hurt but man...

I'm more of a parachain chad myself.

>>54367904
losing all your money but hey it's dirt cheap for all those PLANETS transactions guys

>>54368068
When did you buy? At .20 I will slurp your bag with a glizzy.

>bought a little at $0.30
>bought most at $0.22
>bought some at $0.18
>NWO coin
Worth the price of admission.

>>54364092
after the my wallet hack I'm nervous about this coin

>>54369176
If you are entering keys in your browser you should be nervous.

>>54364092
i think i might go to 40k before the next gov period

>>54370300
John Woods is gonna take this to top 30 on his own.

>>54364092
I got some again, I'm also DCAing on pond and avax cuz I'm a nostalgic idiot

>>54370724
Well, idk if nostalgic but you're indeed an idiot kek

>>54370724
>2023
>He's still buying AVAX
You deserve nothing

>>54370417
Ah, yes, nothing like reading a good book before going to bed

>>54370724
I feel sorry for you anon

>>54370755
Woods reads good every night.

It's over for this project. The people who run it seem to have nothing else to offer.

> Our blockchain will replace ETH and Bitcoin!
> Our superior code is the reason

kek, I'v heard that one before.

>>54364092
The foundation killed Algo
It’s dead
Governance is just planned dumps
Why would anyone buy a single coin when the foundation keeps suppressing the price every three months?

>>54364092
Algorand is now officially a pajeet coin.

algo hit 22cents on CB WTFWT

>>54373969
NWO

>>54373724
>officially a pajeet coin.
That they're being forced to use. Very bullish.

>>54373724
imagine the smell

Scam, trash

>>54364092
https://www.youtube.com/watch?v=oYmqJl4MoNI

>>54373969
Gonna cheer about hitting $.23 too?

>>54368702
QRD on why ALGO is the NWO coin?

>>54378674
An NWO coin, not thee, but it has ties to the Clinton foundation now, it's used for (((carbon credits))) and now 100 million Indians have their medical records hosted on Algorand. It'll dump again, but I'm waiting for <$0.19 to start buying again.

>>54378674
there is no NWO coin

>>54366020
Sold my ALGO for QANX, I couldn't have been happier

>>54364092
algo and sylo
cheapies I can't miss out on slurping
steady and gradual dca until make it

>>54373724
you don't branch out to india, india branches out into you

>>54378980
What are the odds you make it?

>>54379018
How heavy are your bags?
Mfs like you hold $100 in their favorite coin and chat about making it.. lmao

>>54379225
Lol I hear you ranjeesh

>>54364092
Only good thing about algo is it being carbon negative

>>54379018
Got a small amount of the latter, Lp staking for now and waiting to see what happens with everything they got going on about the futuverse

>>54367904
>Eth generates more revenue in a single transaction than Algorand has in 5 years

>>54380103
Damn.. that's crazy to be true
Algo got volume too

>>54379018
Based I'd say, can't go wrong slurping cheap if project is strong and solid

>>54364092
Ok why the fuck is this pumping now? It's up almost 20% in the last 24h. Any news we are not aware of other than the pajeet hackathon?

>>54380527
There is always a pump between governance periods as the chain gets a bit of activity. Governance is a really retarded concept if you think about it: we will pay you to lock your tokens and not use the chain. No wonder Algorand has been going downhill ever since they introduced this crap.

WE UP 20% 24hrs
LETS GO CHAMP
LETS GO CHAMP
LETS GO CHAMP
>>54377337
what are percentages lmao ur ngmi

>>54380988
Fair enough
What is down 75% from a year ago
Verification not required

>>54365426
Isn't it dead? I read they fired a bunch of ppl and ngl going from NFTs to DeFi, specially after the NFTs are so shit kinda killed it for me.

>>54365870
Gard is unironically ran by a tranny, Algofi team is basically jumping ship and Folks is kinda stupid. They all suck in their own unique way.
>>54375241
That man has rugged me so many times, but somehow I still hold my VEST, and will never sell.

>>54380958
Governance is beyond retarded, if you look at all the defi scene it's all leveraged governance products because no one can compete against it. Serious fumble from the foundation.

>>54366663
thats hugely bullish, this board is very retarded

>>54379299
The odds are 100%, I don't think ALGO is quantum resistant is it

>>54380958
>lock your tokens and not use the chain
they allow you to participate with defi liquidity pool tokens as well, so you can use the chain while voting. with rekeying you can even change the private key of your address while voting. it's neat

>>54382902
>quantum resistant
https://www.algorand.foundation/news/pioneering-falcon-post-quantum-technology-on-blockchain

>>54364092
I'm only DCAing ORE atm

>>54364092
If it's not privacy or DiD, it's shit.

>>54383281
Based

>>54382952
I just want to day trade the shitcoin casino on tinyman like in the good old days and get automatic APY. I don’t want to lock everything into some pool/farm where I lose my stake if I move my money or forget to vote. It’s complete shit seriously. The governance rewards used to go directly in my wallet and auto-compound. That was fucking awesome and drew a lot of people to Algorand. Now you have to jump through all those hoops and at the end you might get 0 rewards anyway because you made a mistake and transaction fees made you go below the committed amount (happened to me for this period and it’s like a reverse dopamine hit, made me rage sell most of my algo)
Seriously who the fuck thought this was a good idea?? It’s obviously fucking retarded if your goal is to grow adoption.

i have held algo since 2020 and wish i sold a while back. don't even bother with governance anymore

the shitcoin casino was algorand's peak and i miss that. i probably won't sell what I have, but i can't see myself ever buying more unless the chain somehow manages to bring in users (it wont). governance is simultaneously boring and too much work. the foundation sucks ass. my opinions will change when the line goes up.

>>54380958
>There is always a pump between governance periods

This is the correct reason for why it's pumping. It happens literally every quarter to entice retards to buy Algo before the next round of dumping begins.

>>54383567
FRIN doing some pumps. ZEC and RAIL will follow soon.

>>54383281
Waiting to pick more on MEXC. Such an underdog with solid products.

Governance yield incoming