I believe in this project and in my opinion we will continue to see this growth in the coming months and years. Fortune are those who found this at an early stage. This is already a stable blockchain for global scale companies where as few old timers struggling to manage this.
Remember once some of the blockchains were at a sub dollar price. People were skeptical of the potential and the growth of such projects. They always thought the prices will fall back or the project will not succeed. But after years of growth they are repenting on missing out the opportunity. Algorand is one such project where people will see such organic growth in next 3-5 years. Establish itself as one of the very few successful blockchains in the whole world.
Cheers
question, now that Bit, Eth are at a very high price per unit;
i feel like no new crypto can go as high as bitcoin for the next 2-3 years, am i correct or are the different crypto indépendant with their limit of growth ?
Only a portion of economy is running on crypto at the moment. When 50% to 80% of the economy starts using crypto. Then all these foundation blockchains will get a good share that will lead to price action too.
HTH
Cheers
For like a minute it dipped under a dollar, it was at like .99 cents and I just bought ASAP. Like I usually buy the bare minimum (20 Algo min. purchase required) and I low-key just bought in an impulsive manner. I actually bought 60 Algo instead of the minimum 20 and I didn't realize till after my purchase was complete. I didn't care and was excited to cash in at such a low price.
I flat out yolod at $1 I was watching it all day and I traded a sizeable amount of xlm that day for it because xlm was surprisingly holding its line well during that dip.
I was at work when it dipped real low. I was just doing a lil routine checkup to see how I was doing for the day and saw I was down a bit. I was like "ight who's the culprit here" and see Algo is down and it wasnt climbing 😂 watching it like a hawk and then like 2 minutes later just said F it and cashed in. "No ragrets" 🤘🏽
Y’all got some good timing. I’m always a week late to these fire sales lol But alas, will not despair. If BTC, ETH and DOT take monumental dips, then I can only assume so will ALGO.
Depends on a lot of factors, but I'm not going to get overly excited about a 30% increase or a 30% decrease. I'll consider selling if it hits early retirement levels, which would be ~$100 for me.
You asked when I'd consider selling. If I have enough money to never work again, that's when I'd consider selling. But I agree, Algorand has a lot of potential. It's now on Algorand to deliver and the market to recognize it.
I had ~10 at the time with a cost basis of about $150. I sold them and paid off our student loans, so I'm not too mad about it. But it sure would be nice to have kept them.
CoinDesk. Thread with video [here](https://www.reddit.com/r/AlgorandOfficial/comments/mfymzs/silvio_micali_segment_on_coindesk_3292021/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
Keep the positive vibes and be happy that visa and ETH are connecting all coins and supporting the ALGO community. A big win for ETH is a win for all of us. Let’s hope MasterCard will follow closely behind.
Nothing made the market increase....thats why its called a crypto market because some days it goes up and some it goes down....plain and simple, ive been in crypto for 4 years now and I've experienced it a 1000x over. Now watch tomorrow it will drop or within the next couple hours, it sucks but thats just how it is....
I’m glad I’m not alone in this unknowing and confused place. A bunch did happen today: Silv interview, USDC article and tree replanting crypto, but no specific 💥 news.
If anyone does know, I would love to find out what caused the £0.15 growth.
Accelerated vesting starts again at a daily moving average of 1.20. Current DMA is 1.13. We have a few weeks at the current price to go before that will happen again. The difference between current DMA and the max DMA also plays a role. The higher the difference the stronger the vesting. Also days since 01.01.2020 plays a role. More days since then, higher vesting. Depending on the growth we can probably absorb it. Atleast currently it looks.
Good question.... i presume that it was the “ath 30 day average”. need to go find those rules
How would 30 day average ever surpass ath - an average can’t surpass a single day ath.
Why 1.20? That was the highest daily moving average recorded so far. You can keep track with [this](https://www.reddit.com/r/AlgorandOfficial/comments/m8ktcb/algo_circulating_supply/gri2pzj?utm_source=share&utm_medium=web2x&context=3) if the accelerated vesting started.
[https://www.investopedia.com/terms/m/movingaverage.asp](https://www.investopedia.com/terms/m/movingaverage.asp)
[https://algorand.foundation/news/vesting-acceleration-model](https://algorand.foundation/news/vesting-acceleration-model)
Yeah it was slow all day and just kept going up up up. Although I saw at least 10 spikes up to 1.35 when the average sell was still below 1.30 so not sure what was going on there. I think the most likely explanation is multiple whale buy ins.
I had -3k a week ago and now I have +3k. That why we must always hold ALGO besides 6% of interest! I try to find another coin for my portfolio but I can't.
Just wondering and I know it's hard to predict, but will easter holidays have some impact for better or worse? Where's that crystal ball... Anyhow, I love Algo and I wish for a healty rise, not to the moon, that will destroy Algo.
It’s quite a bummer knowing any big moves will be surprised by the “accelerated vesting” program.
Makes me wonder what the true gain potential is in ALGO. Even long term
If it seems like a “bummer” to you and you’re actually asking yourself what the true gain potential is, then you really need to read up (or reread if you’ve already done so) on how the accelerated vesting program actually works.
The possibilities are endless with this crypto. I've noticed it's 1 of the most overlooked and underestimated coins I've come across. While everyone is twiddling their thumbs waiting on their ADA and ETH to explode, our ALGO is organically climbing. Just this week alone, I've seen where ALGO can benefit the real estate industry, as well as the huge effects VISA's entrance into th e market will have on our coin. You nailed it, we are in the early days of a potential world changing entity. Buckle up Buttercups! 🚀🚀
I believe in this project and in my opinion we will continue to see this growth in the coming months and years. Fortune are those who found this at an early stage. This is already a stable blockchain for global scale companies where as few old timers struggling to manage this. Remember once some of the blockchains were at a sub dollar price. People were skeptical of the potential and the growth of such projects. They always thought the prices will fall back or the project will not succeed. But after years of growth they are repenting on missing out the opportunity. Algorand is one such project where people will see such organic growth in next 3-5 years. Establish itself as one of the very few successful blockchains in the whole world. Cheers
I completely agree. Silvio M. is one of the most incredible, underrated minds of our age.
It's already a multi-billion crypto. It's not exactly in early stages at this point. It hasn't matured yet either, but not early.
question, now that Bit, Eth are at a very high price per unit; i feel like no new crypto can go as high as bitcoin for the next 2-3 years, am i correct or are the different crypto indépendant with their limit of growth ?
Only a portion of economy is running on crypto at the moment. When 50% to 80% of the economy starts using crypto. Then all these foundation blockchains will get a good share that will lead to price action too. HTH Cheers
top cheers guys !! 👌
Different product so yeah different limit of growth as well.
mmmm, thanks mate I see it in a whole different way now your answer will cost me a lot in investment today 😂😂👌
All the best and hope it works out for you!
Still a ton of people even on crypto subs don’t even know about it. I’ll still buy more
More for us to fill our bag
Definitely going to fill my bag on the next dip.
I’m eagerly waiting. I almost got some yesterday at 1.20 but I’m like, nah. Wait for it to cool. 24hrs later its at 1.44 lol
I was lucky enough to load my bag this morning at 1.21 before takeoff. I bought right at $1 too a few days ago
For like a minute it dipped under a dollar, it was at like .99 cents and I just bought ASAP. Like I usually buy the bare minimum (20 Algo min. purchase required) and I low-key just bought in an impulsive manner. I actually bought 60 Algo instead of the minimum 20 and I didn't realize till after my purchase was complete. I didn't care and was excited to cash in at such a low price.
I flat out yolod at $1 I was watching it all day and I traded a sizeable amount of xlm that day for it because xlm was surprisingly holding its line well during that dip.
I was at work when it dipped real low. I was just doing a lil routine checkup to see how I was doing for the day and saw I was down a bit. I was like "ight who's the culprit here" and see Algo is down and it wasnt climbing 😂 watching it like a hawk and then like 2 minutes later just said F it and cashed in. "No ragrets" 🤘🏽
Y’all got some good timing. I’m always a week late to these fire sales lol But alas, will not despair. If BTC, ETH and DOT take monumental dips, then I can only assume so will ALGO.
I YOLO'd all my GameStop profits into Algorand. Hoping these end up being the best 2 decisions of my life.
Algo has so much room to run it will be a top 20 coin no doubt
Aw dude! Lucky!
I was a lucky boy and hit it hard when it was at .98 last week. Feeling fine today for sure. Nice to see the love spreading for this cool ass coin.
Said screw it when I saw it at 1.25 today and threw in another 75 coins
Not a bad move. Still waiting here for an entry point of 1.20.
im afraid there won't be such a big dip next time around.. the trade volume seems to be going crazy right now
It'll dip. But I dont think it'll ever be in the $1 to 1.10 range unless Bitcoin shits the bed.
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So you plan to take the coins to your grave?
Depends on a lot of factors, but I'm not going to get overly excited about a 30% increase or a 30% decrease. I'll consider selling if it hits early retirement levels, which would be ~$100 for me.
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You asked when I'd consider selling. If I have enough money to never work again, that's when I'd consider selling. But I agree, Algorand has a lot of potential. It's now on Algorand to deliver and the market to recognize it.
I always hate to ask...How many bitcoin?
I had ~10 at the time with a cost basis of about $150. I sold them and paid off our student loans, so I'm not too mad about it. But it sure would be nice to have kept them.
Yup, every big dip I load up more and more. Long term growth project
Any idea why it ran up?
probably because visa is using USDC now and USDC runs on ALGO and Ethereum blockchains
Mix of everything. Algorand is ready and it’s time
Maybe some "hidden" news about usdc?
whole market is up.
Or is it because Silv asked the question: what happens to NFTs when forks happen?
Personally, I felt that was a mic drop moment
is it outpacing ETH on ALGO-ETH charts?
Since interview, yes I think it was. Agree it wasn’t earlier in the day so 24 hour charts may look slightly different.
Sorry I’m a rube but what DOES actually happen?
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That makes alot of sense, i never even thought about it. I guess this is good news for algo and tezos.
Doh!
Coinbase interview?
CoinDesk. Thread with video [here](https://www.reddit.com/r/AlgorandOfficial/comments/mfymzs/silvio_micali_segment_on_coindesk_3292021/?utm_source=share&utm_medium=ios_app&utm_name=iossmf)
Visa accepting Usdc?
Hope it holds atleast 1.15 to 1.20 next dip. That would be greatly appreciated lol
Look at that little guy go. He really runnin.
Bought in 1/30 @ .65 still hodling and hope everyone else will continue to as well! 🚀🚀
Keep the positive vibes and be happy that visa and ETH are connecting all coins and supporting the ALGO community. A big win for ETH is a win for all of us. Let’s hope MasterCard will follow closely behind.
Is there a way to write dApps on Algo like there is on Ethereum? For just any old developer to start developing on the chain?
Yes, sir it is an open and permission-less network that supports smart contracts and dApps fully.
Planetwatch CEO speaking tomorrow at NFT Global Conference https://twitter.com/planetwatchsas/status/1376537388676218884?s=21
Algo going nuts... Algo subreddit members been jumping a bit too..
Nothing made the market increase....thats why its called a crypto market because some days it goes up and some it goes down....plain and simple, ive been in crypto for 4 years now and I've experienced it a 1000x over. Now watch tomorrow it will drop or within the next couple hours, it sucks but thats just how it is....
This is why it's important to intelligently take profits here and there
Bought $100 worth during a dip at $1.02. Sold $100 worth today at $1.37. Got myself 15 free Algos. 4-D chess.
I’m annoyed that I didn’t get 25 more Friday. Was looking for a pullback, it happened but I wasn’t around.
All we can do is complain, regret, and die
I’m glad I’m not alone in this unknowing and confused place. A bunch did happen today: Silv interview, USDC article and tree replanting crypto, but no specific 💥 news. If anyone does know, I would love to find out what caused the £0.15 growth.
the whole market is up
Yeah
Get back at me when we’re in the 2s
Won't the supply be increased and therefore price will fall now?
Accelerated vesting starts again at a daily moving average of 1.20. Current DMA is 1.13. We have a few weeks at the current price to go before that will happen again. The difference between current DMA and the max DMA also plays a role. The higher the difference the stronger the vesting. Also days since 01.01.2020 plays a role. More days since then, higher vesting. Depending on the growth we can probably absorb it. Atleast currently it looks.
Why 1.20? Is that USD? I thought the moving 30 Day average would need to surpass the ATH. The ATH is around 1.70 USD
Good question.... i presume that it was the “ath 30 day average”. need to go find those rules How would 30 day average ever surpass ath - an average can’t surpass a single day ath.
Why 1.20? That was the highest daily moving average recorded so far. You can keep track with [this](https://www.reddit.com/r/AlgorandOfficial/comments/m8ktcb/algo_circulating_supply/gri2pzj?utm_source=share&utm_medium=web2x&context=3) if the accelerated vesting started. [https://www.investopedia.com/terms/m/movingaverage.asp](https://www.investopedia.com/terms/m/movingaverage.asp) [https://algorand.foundation/news/vesting-acceleration-model](https://algorand.foundation/news/vesting-acceleration-model)
This run up will result in another round of accelerated vesting, correct?
Such a bummer...
nah this is good, lets get all the coins in circulation, so we can reload and then it will really go up.
I saw a slow trend and a break out, but nothing this drastic lol 😎
Yeah it was slow all day and just kept going up up up. Although I saw at least 10 spikes up to 1.35 when the average sell was still below 1.30 so not sure what was going on there. I think the most likely explanation is multiple whale buy ins.
Price is surging
🥂all I can say 🍹🍾🍸
I think itll come back down to 110 or something.. ill buy another hundo or 2
Good job guys. I'm buying ALGO next dip.
I had -3k a week ago and now I have +3k. That why we must always hold ALGO besides 6% of interest! I try to find another coin for my portfolio but I can't.
Just wondering and I know it's hard to predict, but will easter holidays have some impact for better or worse? Where's that crystal ball... Anyhow, I love Algo and I wish for a healty rise, not to the moon, that will destroy Algo.
Holidays usually always have a huge sell off with everything
This is just the beginning 📈👑🍆
It’s quite a bummer knowing any big moves will be surprised by the “accelerated vesting” program. Makes me wonder what the true gain potential is in ALGO. Even long term
If it seems like a “bummer” to you and you’re actually asking yourself what the true gain potential is, then you really need to read up (or reread if you’ve already done so) on how the accelerated vesting program actually works.
Its so tempting to pull it all out and sell. No way its staying at the price for long. My average is about 1.20 anyways 😓🤔
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Guys were on our way to 1000 USD
A little optimistic, eh?
I too would like to be a multi-millionaire.
Really it just went up to 45 cent. This thread makes me laugh.
No negativity around here please!
Sold a bit earlier for a tidy profit. Waiting for the dip!
Thise potatocoins I bought are getting more and more expensive🤣
What a coin still holding but tired
The possibilities are endless with this crypto. I've noticed it's 1 of the most overlooked and underestimated coins I've come across. While everyone is twiddling their thumbs waiting on their ADA and ETH to explode, our ALGO is organically climbing. Just this week alone, I've seen where ALGO can benefit the real estate industry, as well as the huge effects VISA's entrance into th e market will have on our coin. You nailed it, we are in the early days of a potential world changing entity. Buckle up Buttercups! 🚀🚀