ALGO had the most professional pump and dump I've seen so far. I bought in early and this still hurts me. Sorry ALGOchads, but the high inflation is going to wreck the price for a long ass time.
I would look into buying this project in 12 months time IF they can fix the tokenomics.
>t. lost 40k profit this fucking week
but, but he loves us. The algorithm is working to cull all non-believers
If you stake you gain ALGOS at the same rate as the inflation, effectively countering it.
Greatest crypto bull-run ever, pumps only 5x kek
They're unlocking more coins for nodes and other shit. There's zero transparency around what's going on which is bad for people looking to invest large amounts of money like many. I will keep an eye on Algorand, but for now I'm done.
most cucked coin on biz. literal mit proffesor and nobel prize winner on the team but absolutely butt fuck coin holders with retarded tokenomics. i will buy algo at one cent
VC's have trashed the ICO model so badly in crypto. It's fucked how they need to rig the game into their favour then get praised in the media for management skills. Most of these schmucks have never made an honest dollar with investing.
Jesus christ, it just doesn't stop. LOL. This is the shittiest coin in all of crypto. I'd rather hold XVG than this shit.
The lack of transparency is some bullshit. I’ll hold this shit a decade I don’t care. But it’s some bullshit
t. 25k algochad
I invested all of mine and my dad's coinbase earn money into shit
for him it was link
for me it was algo
i have 28 bux now
and he has 50 bux...
we started with the same amount
Long term you should be fine. Best of luck.
>i will buy algo at one cent
Probably the only way to make money on it if you weren't an insider.
fuck this chart is almost identical to the bitcoin chart after it hit 20k
True story I work in the industry and spoke at length to the algorand guys. They came out of MIT / financial industry and knew fuck all about crypto. They just make it up as they go along and keep fucking people over with their retarded mistakes. No business model whatsoever.
Looks like coinbase is giving away $6 of algo
Why the fuck is it dumping like this?
So much for "The US Fed is going to be using the Algo blockchiain" lol glad I sold this crap ages ago
Well if the economy crashes and they are forced to fasttrack a CBDC then yes, they'll probably go Algo
looks like a bot is dumping a fixed amount over some time interval
"probably" just doesn't cut it, I'm afraid. Not for me at least
Enjoy buying Zoom or Tsla at insane PEs and cash burn retard. Or try holding fiat, how’s that going to work out for you?
pretty happy with my btc and link stacks, thanks. Enjoy your trip down to the shoreline pal
>yfw Algorand is just XRP Jr.
The problem here is that exchanges are getting all the daily APY and dumping on us. The more people transfer Algo out of exchanges, the better.
Gotta say as a value investor the pickings are slim and have been for awhile.
I Think this is inherently issue with PoS at the moment, how are these suppose to compete with FIAT if staking returns are 5-12% per year? Whatever its ETH, TRX, TEZOS, ALGO or Cosmos?
I got too cocky holding this shit, unironically. Fucking bullshit.
I'm in the industry, too, and of course everyone makes it up as they go along, dicklick.
Uhhh no mention of Polkadot? Obviously the superiority solution to these overhyped ETH chains. You’ve never heard of BONDLY? It’s about to be the DEX of your wet dreams. A true cornucopia of all things blockchain has created.
>You’ve never heard of BONDLY?
Checked. And nope. QRD?
Just wait for BONDLY. Interoperable DEX for cryptocurrencies and nfts. You’ll have so much to choose from then.
Didn’t even scratch the surface on what they’ll be able to do.
>23614213
DeFi-run DEX platform with multi-chain interoperability
Running on Polkadot SDK
Chat-app integration for escrow-supported cryptocurrency transaction on the way
Supports recurring payments
Transparent as the history and activity is recorded on chain
Offers services that can be integrated by other existing marketplaces, paving way for broader adoption of blockchain
Plans to expand social media accounts into token marketplace
Every p2p payment is trustlessly escrowed
Currently supporting ETH, DOS, and USDC. Will support KSM, DOT, Darwinia, TrustChain, Cardano, and more
Stellar team, especially with advisor from IOHK/Cardano