/biz/ - Business & Finance

2) at 10 PM every day there is an event called a rebase, what this does is it triggers a change in BOTH Circulation supply and max supply if AMPL's daily price goes below $0.96 or above $1.06. There is an oracle that takes the average price within the 24 hour period. HENCE why the oracle price for the rebase is not the same as the price of rebase.

What this rebase does is it readjusts the supply of this coin. This is the KEY and why so many brainlets are fucking and getting anally KEKED. FOR EXAMPLE if the market cap is 5mil and total market cap is 10mil and the rebase is 10%. both circulating supply and total supply will adjust to 5.5mil and 11mil. THIS HAPPENS AUTOMATICALLY IN ALL WALLETS. SO IF YOU ARE HOLDING 10AMPL at 9.59pm at 10.01pm your wallet will hold 11AMPL.

the formula for rebase is (Daily oracle price - $1)/10. If the Daily oracle price is $3, your rebase is 20% of the total supply. Multiply everything by 1.2 this is the compounding effect. but if the daily price is $0.4 then multiply the supply by 0.6. so you lose 40% of your tokens.

We've had multiple double digit rebases due to demand >>> supply for the past few days from hype. this will not be the case every day. its a double edged sword. in theory if theres more circulating supply should cause more selling pressure, so the price of the coin will eventually go back to $1. But in the recent days because gainz have been so insane, early galaxybrainers are holding on and compounding like gods

This artificially locked up supply.

Now understanding these 3 concepts. you begin to understand how this coin is driven by hype and fud cycles. it works like a rubber band. the more hype it generates, the faster the marketcap expands, the earlier you get in the more exponential gains you get. the mroe fud, the fasters the marketcap contracts (due to negative rebases and lower price).

so get in before this thing hits top 50, cause by that time all the youtubers will be on this shit gonig ham. right now after every rebase (especially with how uniswap works) the price will readjust due to the number of coins in the pool and drop according to how much extra supply there is.

the price keeps climbing because there are less ppl willing to sell at the current price. so even though in recent days "the adjustment" in price has been bought up by ppl waiting to get in. waiting is the wrong move, since buying after the rebase means your buying less of the total % market supply. your better off buying AS SOON AS poosible as the market cap expands

hence why the chart is always showing dumps and a recovery. THe key to value is what % of the market cap can you buy, and the market cap is determined by both PRICE and SUPPLY. When you decide to buy you have to factor in BOTH.


the smart money is holding on, and waiting for the hype to build up and kick in. If you've read to this point, you are either in or you stay poor. when reddit and youtube sees this, you will have 90% of the idiots buying after rebase thinkning its a bargain, and they will only realise how rebases work after holding it. this will give them incentives to hodl on. as long as theres more hype marketcap will continue to grow, we could see AMPL in the top 10 by EOY.

when everyone understands the mechanics of this coin you should be out by then. thats when the masses get in and a mega contraction cycle will begin.

hold on for fucking dear life idiots. count your lucky stars i decided to write this. you all fucking owe me.

I'm honestly retarded as fuck and understood none of that. I hold 3.5k though, should I be worried about selling anytime soon or just hold on for the near future?

>>20262489
Honestly this sounds based as fuck. Should I get some more?

last fucking comment, THIS IS WHY the market cap went from 20mil to 95mil in 12 days, while the price went from $1 to $3, this is the power of compounding rebases, and a hyper bull market. the price of this coin will probably never go above $5, unless we see MASSIVE FOMO. if you see any videos with price predictions above $5 the idiots making the comment DOES NOT understand AMPL

We will see 2bil market cap at this rate by the end of month if the price is kept at around $3 constantly. thats a 20x from here.

>>20262536
hey thanks anon. Just bought 5

>>20262489
What about the geyser. Is the impermanant loss did or is it real.

>>20262536
DELET!

i assumed this was how it works and i'm pretty sure im going to just forget about some of this shit for 5 years and hope it does ~1000x from here lel

To keep it basic for you.

If price is above $1.05 supply will continue to expand. as long as thats the case you are good

To calculate your supply of the market use (number of amples you own / circulating supply)

so if you own 3300 Ampls today its 3,300/33,045,858 which is roughly 0.01% .

What you care about is MARKETCAP which is circulating supply x price.

since you will never get diluted out of your % of total supply.

with the current market cap of $95 mil, your 3.3AMpl is worth around $9500.

when the market cap hits $1bil, it doesnt matter what the price is. your stack will be 0.01% of it. which is $100,000. A 10x. If the price is $1 then you will own 100,000ampl if the price is at 2$ then you will own 50,000 ampl. either way its $100,000

>>20262603
Geyser is good, if you like more eth, its a lot better when the market cap creeps ups, and trading volumes are super high, you get the an average growth of both eth and ampl. while gaining fees. but when ampl is going up 30% in market cap per day. your better off hodling ssince impermanent losses are just holding you back from compounding like zeus

>>20262583
thats your choice to make, if you think this thing can reach $1bil marketcap, thats a 10x from here. then buy. if you think its done its run. Take profit.

>>20262655
>>20262700
>>20262711
Checked based anon. Thank you for writing this up. I too was starting to feel the rage build from all the stable coin talk. Too many people invest in this shit that they don’t understand

t. Top 150 wallet holder

Fuck anon, really hope 4chan is more obscure than I think or you mightve just killed the top gainz of ampl by clueing in the midwits.

>>20262903
>ally hope 4chan is more obscure than I think or you mightve just killed the top gainz of ampl by clueing in the midwits.

you realise, anyone who buys here are early... but in order for this shit to build momentum, they need to hold and not panic fucking sell. otherwise the shit might not take off. when it works the hype spreads. all crypto works the same it relies on SPECULATION, just like bitcoin, the more ppl buy in the larger the market cap goes. Im a poor fucker, im loaded up on as much as i can. so its time to get people involved

>>20262489
Based, this is a top five coin.

>>20262885
God speed friend, im just a 4 digit AMPL pleb.

>>20262574
They just announced they have upcoming integrations with other projects (likely as loan collateral and backing for other cryptocurrencies). There are still <4000 holders in the world. This isn't even mainstream crypto yet. Think about it.

>>20262941
Maybe I'm a rat bastard but was hoping to run with my bag before more people figure it out. The rebases would build notoriety on its own, and if more people understand to keep an eye on the correct sell point, it becomes tougher to maximize winnings

>>20262983
you noticed today's rebase had a lot more panic selling than normal, because the plebbos started panic selling, when they saw a price drop. the whole point is to reduce overall supply by hodling while demand rocketpacks this shit to the moon, theres so much money in the world, waiting to find the next btc. we need to make sure this rocket ship doesnt run out of fuel.

>>20263016
That's fair, fellow amplchad. Ones like us will make it regardless. Doing God's work.

>>20263016
It's just a classic DnP. Whales flooding the market post rebase to artificially suppress the price and btfo longs then come back in and gobble up cheap liquidity. Completely expected after this massive run up.

>>20263016

You call it panic selling, I call it people taking profits. These dips are healthy, think of them like a pressure valve. If nobody sells ever, everyone is sitting around wondering when everybody else is going to sell. It’s a classic prisoners dilemma, and the dumps are a positive sign of market psychology. It shows people can sell gradually and we’re not going to suddenly crash. People ARE sitting around waiting for the other shoe to drop, because this money making machine feels too good to be true... so people get pyramid scheme vibes. I can’t predict market cycles, but I do hope this stays in the MC discovery phase for a while longer. People say it could easily reach 1bil, I just worry it’s too smart for a lot of people. Just watching some of the biztards talking about swinging it in other threads makes me cringe so hard. They clearly have no idea how it works... but this means new people buying in, so I should be bullish I guess

>>20263156
Gets it.

>>20263016
>we need to make sure this rocket ship doesnt run out of fuel.
no we dont. if the algo is reliable then you dont need to do anything. it is meant to have fud/hype (like u said) so it doesnt really matter what we do. it all feeds into fud/hype cycles. which means that ampl is uncorrelated. which means that it has massive value. which means buy and hold .. even thru the negative rebases. in 4 years you will be wealthy. or... you will be broke. its all up to the algo. so far, its promising.

>>20263211
this

Each negative rebase period has only seen the mcap go UP ultimately, without any real incentive for people to buy. Soon there will be actual nonspeculative use cases for ampl (per the dev team yesterday) as they partner with other defi projects. Then there will be institutional demand and $1B mcap will be fud.

>>20262489
Ok now this is based