/biz/ - Business & Finance

>>20381989
It does do based

Is 100 enough to make it

>>20381989
Can't you faggots just make a general instead of have 10 threads on the board?

>>20382214
it is like having a 100 million dollars invested in the federal reserve, so yes, you will make it 100 times over

>>20381989

Rebased and amplepilled

>>20382260

Look, I’m as bullish on AMPL as anyone else, but how can you possibly think it will ever see that kind of market cap?

HELP I PUT EVERYTHING IN THE BEEHIVE DID I FUCK UP /BIZ/?

>>20382214
Not anytime soon, never sell and hope positive rebase happen indefinitely.

>>20381989
based.

>>20382260
Be reasonable with your market cap senpai

wow this coin is so based that it dumped 60%

>>20382730
Cause it's perfect money and later as it stabilizes there won't be a better money on the planet.

>>20382801
10 b is long term, I'd say 1b is short term reasonable

>>20382852

I’m not sure how it’s going to solve the problem of being completely counter-intuitive to casual investors. It looks like it’s losing every day even when it isn’t, even half of biz doesn’t seem to understand this.

>>20382936
>counter intuitive
I guess I can see that but in a simplified way it's as easy as ...
>buy n% of supply
>always have n% of market cap whether up or down

6% tonight! I'll take it.

>>20383200
1.50 looked like higher low to me. lots of people took profits at $4. Watch the volume the next 3 days to see what's coming next. Feeling the people are calling to cop though and establish a new ATH

>>20383200
>the only way value can leave is if there were prolonged 0 demand
but that's wrong, if price dumps to almost 0 then all the value has left, and rebase will do nothing to change that

also haven't seen a decent reply to this yet

>>20382852
That's the worst case scenario. You create a replacement to the system and it will get banned. Government has laws banning creating money and will make ownership illegal.

>>20382936
It will eventually just be $1 in the long run with a big enough market cap. It won't be seen as an investment, just a stablecoin that a small % will be arbitraged but not like we've seen this week. The investment stage is at a low marketcap.

>>20383539
To break down.

1. AMPL team says because of the unique volatility built in it creates trading patterns separate from BTC/CRYPTO world.
2. Because of this AMPL will be decoupled from BTC.
3. Anons says the trading pattern laid out in whitepaper is optimal.
4. Anon says trading will happen before rebase instead of after.
5. Anon says therefor 1 and 2 are wrong.

However 1 and 2 and still correct. It doesnt matter if the trading takes place pre or post rebasing. Its still creating a unique trading pattern and thats the point.

>>20383456
>if price dumps to almost 0
It won't as it's too profitable for whales to want to crash it. Only thing that might happen is a Corona Crash like in March where people sell things they don't need.

>>20383200
>but the bottom
stopped reading right there

>>20383539
Most people don't have the full information of anything they buy. Doesn't stop the economy from simply just working.

>>20383833
>Corona Crash like in March where people sell things they don't need.
even then - this is a uncorrelated asset to crypto or stock - good reason to stay in it

>>20383827
Not optimal*

>>20383827
How is it creating a unique trading pattern if people are not buying the post-rebase coins for the pre-rebase price? One could easily make a wrapper token around ampl -- call it wampl -- that represents a fixed % of the mcap, and trade that instead. It's clear that there is no reason why there would be any extra activity trading wampl around the time of rebase.

>>20384063
Figured this would be the reply. You neither understand what AMPL was talking about nor the anon. Therefor you dont understand my response.

>>20384117
Where is the error in my understanding? I can at least say I understand what the anon was talking about, since that's me.

>>20384063
profit seekers. there is a delay to the price after the supply adjusts - so traders have a small window to sell there post-rebase coins and buy back lower when the price adjusts to supply - this will be different with a small MC compared to a big MC

>>20384246
Ampl is saying the rebasing creates a unique trading pattern. They theorized it would happen after the rebase. Like you pointed out and we are discovery it may be more advantageous right NOW to buy pre-rebase instead of post. That could change.

However whether the selling/buying happens pre or post rebasing is irrelevant. Its happening. That trading is creating a unique trading pattern that is separate from the crypto world. Which was their point and why it could decouple from the volatility of the crypto world and thus make it useful.

>>20384421
But in that case what is it that makes these trades unique? If you want to buy some % of mcap, either buy it before or after a rebase, it doesn't matter. In that case price*supply is getting traded just like any old fixed supply token, and will be just as correlated to the rest of the market.

>>20382788
no just hodl desu
>>20382823
wait are you trolling or you really don't know that its supply changes every night so the price doesn't matter? whaaaaaat? really anon? wtf??? smelly smelly indian

>>20384348
>there is a delay to the price after the supply adjusts
Only if people leave their orders open through a rebase, which would be silly for reasons explained in the picture. The idea that "the price" is some abstract, continuous variable subject to change, momentum etc. is just a fiction. In reality each trade has its own price discontinuous from other trades, and especially the first trade right after dilution is not tied in some way to the last price before dilution. Once more, consider the example of a stock split.

>>20384655
No, see this is where you dont understand. The price is going to change per token because of rebase. That plus the trading whether before or after is creating the pattern. Also its not like ALL the trading will be post or pre. It will be a mix.

>>20384790
>Only if people leave their orders open through a rebase
only if there is liquidity through a rebase. the orders will be there if there is liquidity - and there are incentives to provide that right now. in the future im sure the team has something else planned.

the price is determined by supply and demand - right there is a lot of demand so the price doesnt drop that much and quickly recovers - in the future i am guessing the price will drop more because its relatively the same demand with an increased supply.

>>20385051
>right there
right now*

>>20385051
>the orders will be there if there is liquidity - and there are incentives to provide that right now.
Yes, on uniswap, where the price changes automatically
>>20384831
If you can't explain precisely how the trading is unique and creates a unique volatility pattern, then you are engaging in wishful thinking. Don't become a bagholder, anon

>>20385237
>Yes, on uniswap, where the price changes automatically
the price adjusts automatically on uniswap? i didnt know that

>>20385237
>If you can't explain precisely how the trading is unique and creates a unique volatility pattern
Later, we discovered the AMPL solution has the tremendous additional benefit of creating a new asset movement pattern unlike any existing cryptocurrency or traditional asset.

AMPL's non-dilutive supply changes introduce a fundamentally different set of incentives for traders because changes in demand are expressed by the number of AMPL held in addition to price. As a result, profit-maximizing actors are compelled to devise new trading strategies. This new behavior generates a step-function-like movement pattern that is distinct from Bitcoin and traditional assets.

this is from their website. THIS IS AN EXPERIMENT but so far it has gone down just like they theorized

>>20382239
>Can't you faggots just make a general instead of have 10 threads on the board?

>>20385237
> wishful thinking
Again, go look at the heatmap. It proves that so far the price movements are not correlated. Don't believe it? You can calculate your own heatmap if you want.

There is 0 evidence that your opinion has any factual backing, so you're the one with wishful thinking.

>>20385726
link for the lazy?

>>20381989
Why would you hold this when you could just hold RSR?

Doenst make sense

how much is the rebase tonight chads????????

Nope coin is nope

>>20386234

Don't know where the primary source is but this is the most recent one I've seen as of a few days ago

>>20386516
wow thats beautiful - thanks anon

>>20386494
Exactly
Staying far away from this flavor of the month PnD

>>20386627
Will do.

>>20383539
How many people do you think really wanna understand that they should be looking at market cap, not price? In literally every Ampl thread there are multiple times people have to state “trade on market cap, stop looking at price”. And this is /biz/, where people are generally more informed about crypto. Then try going over to reddit, you’ll have to explain the same thing for over a month before people get it. And then if this thing is ever listed on Coinbase, do you really think normies will get it? Especially if they don’t browse Ampl forums where people are hammering in “don’t look at just the price” on every thread? It seems obvious to you but I am confident it’s not obvious to most people. So yes, I do actually think that the ampleforth team is correct that there will be opportunity, and that you are incorrect when you say the market will take supply and price in when evaluating Ampl. You are giving normies way too much credit here

>>20386812
>should be looking at market cap
MC is down llike 70+ million dollars

>>20386812
no one gives a shit about what reddit does. This is about big players in DeFi adopting this as usage or collateral. They are smarter and will understand its advantages. Then people will fomo in when they see it everywhere.

How are you doing my fellow Amplechads?
>How are you doing my fellow Amplechads?
How are you doing my fellow Amplechads?
>How are you doing my fellow Amplechads?

>>20382239
>>20383539
>>20384063
>>20386679

>>20386234
>>20386516
Ampleboard dashforth

Had the same idea some time ago when learning about crypto and trying to come up with an idea for a stablecoin.

Came to the conclusion that it's stupid, for the same reason the other anon mentioned with his wrapper coin. When I trade crypto I just put in how many dollarinos I want to spend on a token/coin, how many units I get in absolute number is a mere curiosity (I read it as an indicator for market gap, combined with the price I pay).

That would correspond to buying a fixed percentage of supply, ergo WAMPL. Your coin is unfortunately just another currency, dressed in fancy econ. For this to work you would need to actually modify the *value* each holder controls, i.e. by printing money (like a central bank or tether, according to my understanding, does).

Sorry.

>>20387542
By printing money I mean of course redistributing it unevenly, in order to adjust supply/demand for different parts of the economy until the flows are like you want them again.

But ackchually had a redeeming thought: If you use absolute number of coins in a smart contract for some time in the future (i.e. an option to buy/sell 100 AMPL within the next six months) you are betting again, thus hedging, so the coin does seem useful after all... no?

>>20387853
....but then again - why do I need a coin for it? Why can't I just formulate my option contract in another, more common currency (say, ada if I am running on cardano) conditional on the price of security x to achieve the same effect?

>>20388036
The new currency should be pegged to a stable currency, not a security. The point is for it to be used as collateral and SOV, which pegging to a security cannot achieve.

>>20387853
Nobody wants to back/invest into a centralized entity if there is an equally effective and mathematically provable legit alternative. Ampl is bitcoin 2.0

>>20386234
https://www.ampleforth.org/dashboard/correlations

>>20388036
I came to the same conclusion, it'd be just a convoluted way to access the usd/inflation oracle really.

>>20386812
85% of it is FUD

>>20388036
AMPL is decentralized.
BTC is decentralized.
Cardano is centralized and the max supply of ADA can be (which means it will be) modified centrally in the future.
BTC has a 21 million cap.
AMPL solves this problem with an elastic supply... decentrally.

>>20389694
so much nonsense

>>20381989
The secret of ampl is lopsided mathematics. There is unlimited max positive rebase (anything >$1.05) but limited max negative rebase (anything below $0.96) of -10% at $0 price. As long as there is demand, negative rebase will still bring price up back to $1 and start FOMO cycles again. This uneven math effectively makes for trapping more base mcap after each FOMO cycle and raising the collective value of each holder's stack.
The only way value can leave is if there were prolonged 0 demand, which at this point is not realistic.

However, don't let anyone shill you with "muh compounded gains" or any such nonsense. Rebase simply changes supply evenly so everyone still holds the same % of the token supply each night. Money comes in whenever whales or FOMO fags pump the price and requires continuous new demand for mcap (and hence the value of your stack) to continue to accumulate at a meaning rate.

Advanced level: Learn to play the swings and you can multiply your %stack every FOMO cycle. Sell the top, but the bottom.

>>20389957
Actually, very straightforward. Might be challenging to your ego though.
This also highlights why whoever forked BCH and BSV can modify the supply cap in the future.
Which is the #1 reason why the prices for those coins are so low.