RIP ALGO

Press 'S' to spit on the grave of this fucking shitcoin. Lost a lot of money on this 'muh Fed coin'.

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ALGOchads always win. One day you'll see

What makes you think its dead?

look at the chart. algo and Tezos are fucking dead.

It's going to fucking zero. Best case, it will be a 20 cent stable coin.

>a coin goes back to pre-pump level, when the pump was only backed by hype, together with hundreds of other coins
yep, obviously dead

forgot to add /s

As much as I don't want it dead, it's dead. Can't deny the fact anymore. Fuck this shitcoin. Fuck me. Should've just bought the grandpa coin btc.

why are you so upset? baby bought the top and didn't average down at the bottom? never gonna make it. no algorithm in the world will help you with that.

you're in denial friend. Algo works well, but they fucked up the tokenomics. it's being inflated to fuck all. the price will never go up except for some random off-moon day like it did a few months ago

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>random off moon day.
you mean the literal 2 week pump?

Fuck you. I bought the top and kept averaging down. But this shit of a coin knows no bottom. Thought .30 was the bottom, but it managed to dip even further to .20. This shitcoin is DEAD. It's dead DEAD.

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1) I didn't go all in, Algo is 10% of my portfolio
2) The APY offsets the inflation
3) I'm getting 1 ALGO per day simply by having it in the wallet. If I only sell them on that random off-moon day you speak of, at say 1$, it basically meant I earned 1$ per day in totally passive income.

>at say 1$
Unfortunately it will never break $1. Not even the previous top at .70. No hope anymore. We are now staking useless pixels on our phone.

It all depends on the overall market-cap you project Algorand having. That future market cap would be 7000000*.25 = $1.75 billion before you get some action

dustidentity.com/partnerships think about the implications of being the chain tracking assets using something like this. How does this impact the "moneyness" of Algorand. How does the limited long-term supply affect the "moneyness" of Algorand. It's a 5 year long ICO with network upgrades and partners signing on. Think how prices vary over time for something like that. The auction model was originally meant so that the most anyone could lose holding Algo vs Fiat was 10%, while maximizing foundation revenue for development

chill the fuck out and just stake and relax. jesus christ, some of you newfags are so annoying and have such ADD.
this is how I know the bottom is in. capitulation galore. wake me up when this breaks top 20.

>such ADD
This is not ADD, faggot. This is accepting the truth and swallowing the bitter reality that my choice of shitcoin is fucking dead.

>wake me up when this breaks top 20
Sure, I will give you a ring when this MIT scam coin breaks 20 cents and going to sub 10 cents.

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>see thread
>"ah geez did it dump to .22 again or something?"
>check
>+9.84%

ok

REEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE

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good luck pal. this is like trying to buy the bottom ICON or some other garbage

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Former ALGOchad here. What's the point of owning and staking for 5% when something like ATOM stakes for 10%? If you're holding long-term then the price of ALGO has to vastly exceed ATOM or other high-stake coins to be more profitable in the end.

S. I am holding to zero though.

What's the point of staking ATOM when Fantom stakes for 500% or whatever the fuck

There's your answer

Please anons, explain one thing to me. Why do you keep buying VC scams? Why do you buy the bags of insiders who get into pre-pre-pre-presale seed round ultra vip+ early whale discounts? Why don't you say no? Just no to VC scams. No to false narratives. No to fucked up supply schedules. It's that simple.

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>This is not ADD, faggot.
ah, yes you are right. it's Autism + ADHD. sorry, I'm not an actual licensed psychiatrist. sounds like you need one, though. also don't /allin/ on one single coin and get upset when other coins moon and you miss out. learn how to find bottoms, go in, and sell at a profit, Mr. Caveman.
>ICON
lmao. yes. a garbage scam chink coin is the exact same comparison here.

>What's the point of owning and staking for 5%
What's the point of owning and staking useless pixels on our phones? When ALGO geos to zero, the 10k ALGOs in out wallet mean nothing.

The Fantom chart goes straight down. ATOM is outperforming ALGO on price alone

Shill and buy when price go up.
FUD and sell when price go down.
The Zig Forums way.

I'm just tired bros. How the fuck did I buy shitcoins at the top for the fucking 3rd times in a row.

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> Look at the chart
Get this fucking TA FUD out of here, we're buying Amazon in 1998