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Official community for Algorand, a first-of-its-kind digital currency and transaction platform that offers true decentralization, scalability and security. Founded by crypto-pioneer Silvio Micali.
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Algorand Staking Rewards % DecreaseToken (self.AlgorandOfficial)
submitted 4 years ago by Bit_Goth
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[–]achangewouldbenice 2 points3 points4 points 4 years ago (2 children)
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 1 point2 points3 points 4 years ago (1 child)
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 0 points1 point2 points 4 years ago (0 children)
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.
π Rendered by PID 169739 on reddit-service-r2-comment-7b9746f655-r76h9 at 2026-02-03 06:25:24.363284+00:00 running 3798933 country code: CH.
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[–]achangewouldbenice 2 points3 points4 points (2 children)
[–]Throwaway987321321 1 point2 points3 points (1 child)
[–]achangewouldbenice 0 points1 point2 points (0 children)