Faz's Crypto Thread

My plan has always been to sell around 8.50 depends on market caps

Strongly considering buying more with the 6.6k in grants I get tomorrow morning

Probably will buy 1 eth and rest in algo during like a 10% pullback

Literally still going up

update

Doubled down. Bought another $6650 worth at $2.0150

Nice

Wonder why it's getting pumped

Governance phase beginning oct 1. Algo got selected as the blockchain that el salvador is utilizing to run their shit

(Over both ethereum and cardano)

I think bitcoin and eth slowly die over the next 5 years. Kinda ancient dogshit technology in both of them that really hinder any use cases

Algo has a block time of 2.4 seconds and can handle 155k transactions per second securely with no fees

The person who has been randomly chosen to create the block doesn't know until after its been done. Reallly groundbreaking shit

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this is going to keep going for about a month btw.

net worth >100k

if it becomes true, i am happy for you. buy a piece of land in a decent climate while u keep investing.

thanks nyte

Performant L1 and their block speed is pretty crazy and prolly worth investment in that regard. I think it's silly to think it'll replace something Bitcoin (asset store for institutions) or Eth (just first to market, actively capturing a lot of it). I'm just ondering what they're looking to do with L2 options if the L1 be so sick.

I don't find store of value to be particularly useful. Thats why I think gold (and bitcoin) are dumb and worthless.