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/biz/ - Business & Finance

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File: 325 KB, 892x492, algorand_100B.jpg [View same] [iqdb] [saucenao] [google]
25210881 No.25210881 [Reply] [Original]

$1 EOY
$10 Q1

Even FUD is lame af. Anon, you have a stack, right?

>> No.25210939

>>25210881
This shitcoin won't ever be over $1, let alone $10. Quit dreaming.

>> No.25210954

>>25210939
it would be a small miracle if this touched fifty cents, let alone held it.

>> No.25210976

>>25210939

You probably missed on Ethereum and will miss on this one too.

The only real Ethereum "killer" and it's extremely based.

UnFUDable coin. The new black swan project after Bitcoin and Ethereum.

>> No.25211073

>>25210976
>The only real Ethereum "killer" and it's extremely based.

Eth killer #681 will also fail.

>> No.25211112

Shitcoins are only for trading

>> No.25211113

>>25211073

But there is no need to kill anyone.
Ethereum, Algorand and possibily Cardano will reign supreme.

Marshall Islands built their currency on this platfor. It's just one example. France is building a new administration on top of it as well.

This platform+token is extremely based

>> No.25211206

>>25211113
>and possibily Cardano will reign supreme.
Oh God.
>Marshall Islands built their currency on this platfor.

Literally who? Will literally be underwater in 50 years. probably a metaphor there.

>France is building a new administration on top of it as well.

So it will have 30 layers of unneeded bureaucracy, be on strike half the time, and asleep the other half?

>> No.25211301

>>25211206

You can say whatever you want, I also spit on the french bureaucracy, that's not the point.

Algorand has more than strong fundamentals and you can't even FUD it.
Even the tokenomics are now solid.

Literally can't FUD it

>> No.25211379

>>25211301
>Even the tokenomics are now solid.
Sauce? they were beyond shit last i looked.

>> No.25211386
File: 131 KB, 1182x662, tuwra9oyo7q51.png [View same] [iqdb] [saucenao] [google]
25211386

I would not even understand how can someone attempt to FUD Algorand.
Less even hate it. Why hate a fucking gem?

Comfy af

>> No.25211406

>>25210881
I like ALGO but I don't see the point in holding when Cardano is literally better at everything has a bigger community and better tokenomics

>> No.25211441

>>25211073
ETH is going to lose a significant amount of market share in the next 2 years

>> No.25211553

>>25211406

Algorand works right now, the algorithm fucking works.
You can implement smart contracts in Go, Java, C/C++ and fucking Python.
It's actually 1000 TPS right now and moving on to 10k TPS.
The native asset creation (= tokens on Algorand) is sooo smooth. Just try it out.
Dev documentation is great.

Cardano doesn't even have smart contracts now. Not saying it's bad, I really like Cardano as well, but thinking that Algorand won't capture at least billions of this market is INSANE imo.

>> No.25211647

iso20022 is the future, and ALGO will lead the way. unironically an ETH and XRP killer kek

>> No.25211765

>>25211553
Cardano will have smart contracts extremely soon and specifically has prepared an extremely easy path for ETH devs to migrate their projects.

More importantly, it has like 100x the word of mouth network that ALGO has. I want pastacoin to go but I don't think there's a chance for two slow moving third gen science coins.

Goguen is going to be a big deal and ADA is going to take a chunk of ETHs market share. You may not like it, but accept it.

>> No.25211772

>>25211647
>iso20022

IYKYK

>> No.25211913

>>25211765
Dude how tf do you think you make money investing? Buying shit that has already pumped and is in the billions of dollars or getting in on the ground floor of something

>T. bought eth at 5 bucks in 2017 and only hold algo and monero now

>> No.25211954

>>25211913
>>25211913
>>T. bought eth at 5 bucks in 2017 and only hold algo and monero now

I see more and more BASED anons appearing , holding mainly on XMR and ALGO.

GMI

>> No.25212102

>>25210881
>ALGO
What is this coin even supposed to do? I get that its ISO20022 compliant, and I think that's great, but what's its use case, what is it supposed to solve?

>> No.25212132

>>25211913
ADA has yet to pump, and while I like ALGO I think making money with those tokenomics is going to be a real uphill battle but gl

>> No.25212159

Scam. The devs dumps periodically, like happens with XRP and LINK.

>> No.25212170

>>25212102

It's a smart contract platform with native assets, atomic swaps and all.

TL;DR: it's infrastructure, as opposed to Ethereum, it scales and remain secure. As opposed to Cardano: it actually works right fucking now and is useful.

>> No.25212235

>>25212102
it solved literally all the problems that crypto faces. security, speed, and scalability.

>> No.25212368
File: 190 KB, 570x524, 1608059888449.png [View same] [iqdb] [saucenao] [google]
25212368

My bags are getting heavy boys

>> No.25212381

>>25212159
Dev dumps are literally part of the tokenomics plan and the dumping doesn't stop for a very long time.

I mean, could be a good thing, ALGO is a long bet which is good because supply is going to suppress the price and keep it cheap to acquire for a long time.

>> No.25212448

>>25210881
the FUD is just factual anon. and yes my reddit brainet, it is lame as fuck that the devs were so overconfident in their computer skills that in their god-compex-addled-brains they just assumed that they could slap some shit-tier tokenomics together and that it wouldn't fuck over the platform. they fucked the pooch repeatedly and completely... ALGO is dead

>> No.25212481

I had like 9000ish ALGO. Sold it all for GRT at 25 cents. I'm keeping an eye on ALGO, will probably re-buy some after GRT hits $1.

>> No.25212486

>>25211301
>Even the tokenomics are now solid.
no fuckwit, they just re-jiggered the tokenomics to a new less shitty but still completely shit system. cope all day, ain't gonna change the tokenomic disaster. too bad, this project had potential to be decent

>> No.25212520

>>25212235
not even close, not even close

>> No.25212579

>>25212381

60% of the total circulating supply is currently being staked. this will explode after the dumps are completed.

>> No.25212589

$0.30 stable coin

>> No.25212603

>>25212381
>Dev dumps are literally part of the tokenomics plan
are you talking about XRP?... because that's exactly what happened there.

>> No.25212626

Keep fudding this it just makes me buy more and more

>> No.25212645

>>25212626
>FACTS
>FUD
pick one

>> No.25212742

>>25211386
This shit is so crynge and gives me 2017 vibes lol

>> No.25212860

>>25212742

Bro. Algorand is the ONLY crypto platform that has been mentioned positively in the EU & the digital financial transformation of the continent.

It doesn't say all, ofc, but it shows that even the euronormies saw how based this coin is.
Not going to say more.

>> No.25213091

Bump, ALGO will x5 in Q1 2021

>> No.25213267

Last bump

>> No.25213291

ALGO is indeed the future.
That's why it is not mentionned a lot here yet. /biz/ likes to sleep on gems like that before shilling it ALL DAY LONG.

My 2nd biggest stack

>> No.25213336

>>25212589
Do people in this thread not realize you get rewards for holding it? its like a dividend stock, its okay if it doesnt grow as fast

>> No.25213381

>>25213336

Yes, extremely based and smooth experience.

>> No.25213589

>>25211386
Hybrid blockchain
Holy shit I’ll take your whole stack

>> No.25214059

>>25210881
This is my third biggest stack after BTC and LTC.

Very bullish on this.

>> No.25214110

ALGO and LINK are the only alts I hold. My bag isn't very big but I still hope ALGO makes it just because of how awesome it is.

>> No.25214124

Have just over 5,000 ALGOs as a suicide stack. I don't foresee any huge action any time soon, aside from it following Bitcone.

>> No.25214143

>>25213336
The staking rewards on ALGO are great, but you can get higher APY with stablecoins with companies like blockfi, nexo, celsius, etc.

>> No.25214220

>>25214143

true that, but having that + speculating on the coin itself, in a fully liquid and smooth manner like that is pretty fucking impressive

>> No.25214325

>>25211553

Actually, Cardano does already have smart contracts through Marlowe DSL and now the KEVM environment which can literally take and deploy smart contracts straight from Ethereum or any other blockchain that uses the Ethereum Virtual Machine to deploy dApps, except now Cardano does so according to K verification which makes them more secure for enterprises.

It's unironically over. The big brains at IOHK, EMURGO, and Cardano Foundation don't know or care that there are sub 80 IQ brainlets fudding on /biz/ that they don't have a working product, because they're too busy scalping ETH projects - starting with Singularity.net and with hundreds more in the pipeline.

There's so much going on and ready on Cardano that its actually almost impossible to keep up with what they've been doing, so it's little wonder the pajeets shitting on here can't follow.

Last chance to get in before 2021 moon mission, $5 eony

>> No.25214471

>>25212603
no I'm talking about ALGO, read the paper dingus

>> No.25214676

>>25211765
preach son. Cardano is far superior tech that most of other coins. They will have oracles and smart contracts better than ETH. this shit will be future except if something better comes along in like 2 years. but i doubt it.

>> No.25214753

>>25214325
cardano will pump hard in 2021!!!

>> No.25214915

comfiest hold

>> No.25215060

shitty scaling ALGO is ok for a few use cases but AVAX and Radix have much better scalability are 100x more based

>> No.25215390

>>25211441
Come on anon. People LOOVE to pay $50 gas fees kek
On crypto art communities, people are literally abandoning platforms because redeeming their NFT rewards costs more than the NFTs
ETH is going to be done eventually

>> No.25215808

>>25213336
Coinbase recently addded ALGO staking and once normies find out they get free coins for literally holding it in their wallet it will start climbing

>> No.25215843

>>25215808
>Coinbase recently addded ALGO staking
Super comfy. I only have 1400 ALGO but I like the hold.

>> No.25215920

>>25214676
I don't see how something better could come out in a short amount of time. There are so many people working on Cardano it would be so hard to catch up to and surpass.

>> No.25216219
File: 5 KB, 236x213, 1591560838075.png [View same] [iqdb] [saucenao] [google]
25216219

>/nostrouomo/ Micali
>nobel awarded on team
>all-star team with decades of crypto/IT experience
>people still have the audacity to call this a shitcoin

>> No.25216414

>>25215808
Wat suicide stak?

>> No.25216439

>>25215808
How can I stake my ALGO? The Coinbase FAQ says it's under the "Financial Services" tab but I see no such tab. Do I need to opt in or open a support ticket or something?

>> No.25216646

Will this moon in 2021 based on hype alone? Adoption will take more time and possibly government help. Other than that it's the most solid crypto team and product by far. I'm tempted to go all in and keep buying at least $5k of this monthly.

>> No.25216855

>>25216439

It should be automatic, but it depends on the exchange. google Coinabse + Algorand Rewards and look for infos.

>>25216646

Of course it will moon, we will go past $1 and people will go nuts and pump way higher.

Speculation is going to be monumental in 2021

>> No.25217017

$ALGO will be $2 sooner than people think

Then the coinbase normies will FOMO in.