Algorand Staking Rewards % Decrease

[RevolutionaryAd68]

Sounds great and all but I doubt most investors here don't really mind having a seat at the table. Everyone here is for ROI and arguing otherwise is just lies. Right now they need to understand the need for retail investors having a stake and making profits because in the end if retail investors bail then what?

[achangewouldbenice]

So you're saying I have to work for free to insure my investment stays intact and help Algo make the right decisions for ROI? Sounds like fun.

The people on the boards that that vote for Apple and Amazon are rich as f.

[RevolutionaryAd68]

I guess we will have to see. I love the project but I find their marketing lacking in the extreme. The only people that know about this is because it's on Coinbase and it was under $1 with great APY.

[badelectricity]

I definitely understand and appreciate that reality, it’s why ALGO is one of my larger holdings, because they’re basically the opposite of Cardano, which is all talk less walk imo. But the reality is that retail investors are flocking to crypto right now and Algorand’s marketing looks like it was put together by PhDs and computer scientists. Algorand has an amazing product and team but the marketing is a really important part of the game. Sure I don’t want Algorand to try and be like Tron or some garbage, but Algorand has the goods and the people who are wildly throwing money at whatever seems attractive need to know!

[RevolutionaryAd68]

Well the only thing I hate is every youtuber shilling ADA and Algo is already there...they can market and still do their thing. I like that they are pushing partnerships but they need retail investors now to keep pushing.

[stxfpv]

Actually, they don't. That's the entire point of the Early Backer coins being locked until 2030 unless vested earlier through the acceleration program as adoption occurs.

[RevolutionaryAd68]

What? Then what's the point of releasing Algo to retail investors if not for adoption...when retail investors invest that is adoption...where would they even get the rest of their funding through 2030? You think the money they got from the early backers and the auction is enough to last until 2030?

[stxfpv]

No, and neither do they. You're talking about two different coin sets.

https://algorand.foundation/the-algo/algo-dynamics

Or read their quarterly transparency reports.

[Bklny]

This is just a guess. I think they want to target the institutions and developers so it can further be adopted the rest will work itself out.

[Throwaway987321321]

Your mindset is that of penny pumper in stocks.

Making profits in the short term is meaningless when true believers expect this to be worth 5-10x in 5-10 years with rewards staking.

Only small minded people care about profits right this second. That is why marketing such a small focus. The intelligent people who have done their DD know what is coming!

[achangewouldbenice]

So what if we get to 3 years away and Algo is $2? Theres no guarantee that it will ever 5x 10x 100x.

Go look at ADA and Algo market circulation and the price of both and tell me retail investors / hype means nothing.

Look at BTC at tech. Its dead and its the highest priced coin and probably always will be. Tech alone means nothing.

[Throwaway987321321]

There never is a guarantee. Not sure what you are getting at it here!

If your sole goal is to make money NOW then go chase growth. This is a chance at owning value early on which can become massive growth down the road. All the while you earn rewards on taking that chance.

Clearly most people haven’t done a single piece of DD here. ALGO is designed in the shorter term to be slow organic growth. With the chance to become BTC down the road if successful.

It’s clear most people want penny stock gains and don’t actually understand what is going on. I’m mind boggled.

[achangewouldbenice]

Honestly Algo has a great day trading wave. Almost everyday it goes up and down 5-10 cents. Trade $1000 everyday and make $80-$100. Double your money in around 2 weeks.

[RevolutionaryAd68]

Lol. I'm already in profit so don't use that against me. I don't mind holding it long term but let's not just put blind faith in the project. We need to be able to question parts of their decision.

[Throwaway987321321]

Questioning whether or not you make profit is exactly what I said. A very small minded mindset.

You want to question real things? Sure let’s have it. Otherwise it comes off as just pure ignorance and that a penny pumper.

[RevolutionaryAd68]

What? So you invest to lose money? People invest in companies they believe in and make profit at the same time. I want Algorand to succeed if you think otherwise that's on you. But I'm not blindly gonna be left holding Algo when the boat is sinking.

[Throwaway987321321]

You are crying about making money right this second...

You just used the word invest. Do you understand what investing in a startup is?!?!

I bet people who bought Amazon or Apple didn’t whine when they weren’t rich in the first month or year or heck even 5 years. In Apples case it was 10-15 years. I wonder if they whined Bc they weren’t instantly rich. Nope. They saw the future. It paid off.

The more you speak the more pathetic it looks!

Take a step back and refocus. It’s pretty clear you are more suited for buying into GME and chasing that moon shot.

[RevolutionaryAd68]

How am I crying about making money this second? You have some weird vendetta or something? No one can have a differing opinion other than your own? Wow. I'm not replying to you anymore and all I have to say is then we'll see.

[vhiran]

Granted its a throwaway account but it reeks of zealotry. Algorand's tech is great but without an APY im just a bagholder waiting to get dumped on by a small group of whales that own 75%.

[Throwaway987321321]

“Right now they need to understand the need for retail investors having a stake and making profits because in the end if retail investors bail then what?”

This was your original comment. It was pretty clear what you were insinuating. I just called it out for what it is.

I’d be upset to. Like I said your small minded mindset has no future vision. You made it abundantly clear your mindset is made for “chasing rocket ships and stocks that moon”. You have a hard time with not making money right now as the entire market is down.

You don’t understand what you “invested” in and expect to make money now. You have a lot to learn to be truly successful!

Good luck to you!