/biz/ - Business & Finance

Id say its highly likely to be him. Or another coinbase affiliated whale. either way...

tremendously bullish

Citation of whale selling millions pls

This thing will never be low $1 again after it hits coinbase.

reBASED

imagine working customer service at coinbase the night of a negative rebase. never going to happen.

don't know but if it gets listed on coinbase we're going to 10bil

>>20910293
>what is learn and earn

you have such a great courage to shill a p&d scheme coin that went down 75% in a couple of days, kill you

>>20910134
im ready

>>20910293
you sound supremely retarded.

Maybe read the white paper and shut your fat face

>>20910222
>triggers CB SEC investigation for insider trading
>bullish

It does seem like a coordinated dump in anticipation of coinbase listing. Is this illegal?

>>20910134
>>20910240

The whale we are talking about sold 2.5m$ worth of AMPL and fucked up since he did'nt structure his trades for maximum profit. I highly doubt that whale was him.

Also the conflict of interest thing doesn't make sense to me, it's like telling Warren Buffet he can't drink Coke because he owns shares of coke?

>>20910134
What a low IQ thread. Ampleforth is truely a revolution in money and the low lifes here are thinking about pnd schemes. You wanna know why? Projection of who you really are. This is how you think cause you are trailer trash poorfag. Imagine thinking a Billionaire is pump and dumping for a few million.

if he invested millions into AMP he likely has tens of millions of AMP if not more

>>20910134
As long as you are up front about any possible conflict of interest there are not legal issues. You are also not allowed to be apart of the decision making team for the particular selection. People thinking he sold anything for those reasons are retarded.

Since all his records are public you know damn well know he filled out a conflict of interest form as soon as this shit started happening.

>>20910442
https://www.coindesk.com/coinbase-hit-lawsuit-alleged-insider-trading
no

>>20910134
AMPL is the only token that is suited towards being the globally adopted stable coin.

>>20910293
lmao

Still waiting on the one anon to eat his shoe.

>>20910322
now up 75%

>>20910245
Once the market cap passes ten billion USD it would require dozens of whales to dump/pump at the same time in order to move AMPL outside of the $0.95 to $1.05 range

>>20911108
Why arent we dumping? I got my 10pm EST rebase. So why havent we dipped?

>>20911176

You can dump if you want.

I'm in it for the long haul to 2b

to recover 75% dump you need a 150% pump you idiot

>>20911451
o no not that

>>20910293
lol, good point

>>20911451
You mean 300%?

As in you need a 300% pump to correct a 75% dump?

The whales re bought 70c are about to make cucks of you all again haha, good luck though

>>20911451
300%

Again, it would be a 60% dump that requires a 150% pump...

>>20911451
Go back to math class

REEE STOP FUCKING CRABBING STOPPPPPP GO TO $3 ALREADY

>>20910293
They will explain with notificationa and pop-ups what a rebase is

>>20911108
What makes you sure that 10b is the number the volatility vanishes. I’ve been curious but too much of a brainlet to figure out how to calculate diminishing volatility relative to a certain marketcap valuation

>>20911821
>>20911673
>>20911607
>>20911577
>imagine being so insecure about your intelligence that you feel the need to correct a based retard

>>20911906
>>imagine being so insecure about your intelligence
Projecting

>>20911900
Just for the sake of discussion: btc in 2017 had a much higher marketcap and was very very volatile. I don’t think 10b would be enough to outrun the rebases

>>20911906
I just don't understand how his brain works...

>>20911972
BTC doesn't have an elastic supply protocol. AMPL already has around 330 million tokens in circulation, where as BTC will always have a maximum of 21 million. Imagine what it will be once the market cap of AMPL reaches over 10 billion. This is what will allow it to have stability.

>>20910134
LMAO IF BY WHALE YOU MEAN THE TEAM DUMPED 30 MILLION DOLLARS ON EVERYONE. I don’t care if ampl goes to 1 billion market cap or 100 I don’t invest in faggot devs who unlock millions of dollars and dump on their investors. Glad I sold at 600 market cap

>>20912505
When will this lie stop???? It has become obvious that ampl will never be stable. Whales moved in because the devs are giving away free money in the geyser. No one cares about using ampl as a stable coin. Usdt already works. Ampl will never be work as a stable coin because people make profit off it and lose money on it. Once the geyser is done the whales will leave and the coin will leave behind a large amount of bag holders. DO NOT BE ONE OF THEM

How can AMPL reach this supposed stability when all it takes is a serious drop in MC (like what we just experienced) to throw it into being volatile? And why won't just experience volatility over and over again if people mostly buy this coin for speculation?

>>20912697
nice fud but its dampening

>>20910455
That same whale bought back in last night, kek

>>20912697
Stop yelling you dweeb

>>20912697
When will the geyser be done?

What percent of mc to make it?

>>20910134
We know. However, anyone who had even $100,000 in this during the last lull now has literally $50M.

Think about that.

I still think we'll hit a $125M cap, but who knows. Maybe we'll hit $2B first. ;)

>>20910322
Low IQ detected

>>20910455
Dumping in a panicked way as opposed to a systematic way might create more fud if that is the aim. Possible motive: go long on the ample perpetual with 100x leverage once the price gets near 75c? Just a thought, need to play crypto a little differently now that whale manipulation is obviously everywhere.

>>20910134
$1B cap by September's end.

>>20914013
More like 5

>>20910455
>he whale we are talking about sold 2.5m$ worth of AMPL and fucked up since he did'nt structure his trades for maximum profit.

lmao that's nothing compared to the team, who dumped 6.4m tokens @ 2.50 in one fucking transaction that day

>>20911972
you would need a crypto black swan for it to pump high though

>>20912792
With an increasing market cap of 10 billion, 100 billion, 1 trillion, etc. it becomes more stable, and therefore less easily manipulated by whales, even if a bunch of whales conspired together. At 100 billion market cap, and a valuation of $1 per token, it would require a dump or pump of 6 billion in order for AMPL to go outside of the $0.95/$1.05 range and facilitate a positive or negative rebase. Even conspiring whales would find it difficult to make that happen. If they even managed to pull that off then the rebase would kick in within 24 hours at 10pm ET and account for that relatively mild disruption. Right now AMPL is somewhat volatile because the market cap is only around 400 million, so conspiring whales can work together to initiate runaway pumps and dumps.

>>20914566
Holy shit, this

>>20914600
Checked. Nice pic.

>>20914206
Those 6.4 million tokens would have been nothing within the context of AMPL having a market cap of 10 billion or more.

>>20911900
It’s hard to know, and anyone claiming they know - don’t. It ultimately depends on the total amount capital in the market, since a m0 currency needs to facilitate frequent large movements, both in and out. It’s much more relevant to talk about how many percentages of the total crypto market cap it would need to capture - but no one can know this either, and it will probably be a moving target as well.

It’s safe to say that it needs to be higher though. A hell of a lot higher. At least somewhere in the top three - if not in fact, the crypto currency with the highest MC, eventually.

>>20913869
Every crypto is subject to whale manipulation, but AMPL will become less and less subject to whale manipulation as its market cap increases. Ultimately it will become a stable as stone coin. Imagine AMPL with a 300 billion market cap and $1 valuation per token. It would require the pump or dump of over 15 billion tokens in order to initiate a positive or negative rebase, but I doubt whales would be stupid enough to attempt to do that at that point, because it would require people to understand how AMPL works in order for it to reach that market cap in the first place, and they would feel assured that the rebase would take care of them, instead of causing them to panic sell/buy. AMPL is freaking genius.

>WHO THE FUCK IS BUYING RIGHT NOW???????
To answer properly:
HEX holders - sadly, but yeh they understand economics better than most people (obv better than Eric Conar of Gnosis lol)
Compound farmer whales - accumulating huge positions, again probably because they understand tokenomics, or maybe in speculation of a compound listing.
BAL holders - rumors of AMPL coming to Balancer soon - this would bring an extra $20-100mil liquidity to Balancer likely.
BNT holders - Bancor announced they are working on integrating support for ampl, expect it soon.
And maybe most importantly;
YFI holders - again, they understand economics and market behavior, and AMPL isn't being farmed by FYI.... YET, but with 250% apr in the incentive program + fees from $50m+ volume a day on uniswap (half of all volume or more) + upside in AMPL token price / supply increases... expect it to be YFI farmed in the future, if not Uniswap soon then definitely when a Balancer pool launches so there are BAL earnings on top.

>>20912792
Arbitrage is an INSANELY valuable aspect to AMPL. At a high market cap, you bet that thousands of bots would be competing for the profits that can be gotten outside the target price range, effectively keeping the price inside the range at all times.

>>20914776

That's true, but with a market cap of 650 million and people being nervous about the investor unlock, the devs selling $16.25 million in one transaction was like a shotgun blast to the gut of the token value

>>20914958
Well, let's do the math. If AMPL were to stabilize at $1 per token at let's say a 10 billion market cap, then it would require a pump or dump of over 500 million at a single time in order to potentially facilitate a rebase within 24 hours at 10PM ET. As the market cap increases then it will require larger amounts to pump/dump in the hopes of facilitating a runaway pump/dump from people panic buying/selling. In other words, as the market cap increases, the stability, along with the rebases/supply protocol, would ultimately make AMPL the crypto that is the very least subject to manipulation.

>>20915018
>>WHO THE FUCK IS BUYING RIGHT NOW???????
People who understand this chart
You may not like it but this is what peak TA looks like

>>20910682
Seriously. Where is shoe anon? I KNOW YOURE READING THIS U PUSSY

AMPLBROS WHY ARENT WE UNCORRELATED RIGHT NOW

>>20915141
You have to factor in, that if something like AMPL eventually becomes THE pseudo stablecoin, it will be used for many other things as well. It would become a large corporate exchange medium - it would be used heavily in financial products - it would essentially become the lifeblood of the entire market.

I think we’re talking in the hundreds of billions - if not trillions (even if that might be years away).

I realize that it sounds crazy, but that’s the way that I see something like this going.

>>20915096
Yes. AMPL simply needs to make it passed this initial growth phase in order to reach a level of stability that will provide more security for everyone and attract more investors. If people realized how much power AMPL would restore to the collective population of the world then they would buy to hold, not sell/swing, and seek ways to educate people on why/how AMPL works. If executed properly then AMPL could become a black hole that eats market cap away from all the undeserving shit coins based on its own value/merit alone. For a while there that was pretty much how it was playing out for a few weeks i.e. AMPL was making massive market cap gains, a lot of it from crypto enthusiasts who took the time to understand AMPL, then dumped their shit coins and put their money into AMPL. Too bad they didn't hold... but we're going to surpass 1 billion market cap this next push, so it's all good.

>>20915322
ETH/AMPL pool just needed to balance a bit.

the idea that coinbase can’t list a scam is hilarious to me

>>20915359
Definitely. The global GDP was over 90 trillion USD in 2019. AMPL could easily have a market cap well into the trillions, and, as you put it, be the lifeblood of the market. I don't even care about the personal benefit from a resource standpoint that I would gain from participating in something like this. I see AMPL as something revolutionary for everyone and how we conduct business with each other, which will have a cascade of positive societal effects that stem from it.

>>20915599
Yeah. The only thing that I have started thinking about as a problem, is that certain countries rely so much on being able to inflate their currencies, so that they can stimulate certain parts of their economies at times. If a majority of their citizens elected to used something like this, what would actually end up happening?

The way I see it - the US would be in trouble if it couldn’t print money, for example.

>>20915599
This. Ampl has the potential to transcend being a “crypto” currency. It could really be the one

>>20915709
The US could still do that. It would just deflate relative to the 2019 Ampl

Remember exchanges compete with each other. Ample is the hottest new coin on the market this week, other exchanges will want to get in on the action as well. Expect more anouncements soon.

>>20910654
F THIS

I asked my boss to pay me in AMPL, that way I don't have to run to jump on the deposit to transfer to Coinbase to be protected against inflation. I can just leave it sit comfortably.

Imagine if they integrated Ampleforth on the maker dao platform? The inflations and deflations causing Dao to go wobble off peg, making Maker holders money every time they bring it back to 1 USD.

>>20916271

*Dai, not dao.

held very well during the btc dump

>>20915989
>1 post by this ID

My fuckin' god, that 215000 buy..

>>20910134
Guys I am planning on putting more $ into ampl, shall I do it when Coinbase lists it? Why when Coinbase lists a coin does its price drop so significantly? Thought listing was good for ampl?

>>20916987
>Why when Coinbase lists a coin does its price drop so significantly?
What are you talking about?

>>20916987
"the coinbase effect" is no longer a thing, though conversely the prices of a digital asset drops when listed there. There are exceptions, like Algo, which had the normal "effect" but you're right to notice that prices plummet if it is a well-known crypto (Ampl falls into this category - 3rd ranked DeFi project on cmc).

>>20917225
why are you replying to him as if he's crazy. You must be retarded.

>>20917272
>why are you replying to him as if he's crazy. You must be retarded.
I asked what he was talking about. You answered my question. Thanks faggot

>>20917322
sure thing, faggot
>i was only pretending to be retarded

Guys, if AMPL gets listed on goybase, it's the official green light for it being BTC 2.0. Think about it - what other coin rose from 10 million MC to 700 million MC in a matter of months? This coin is a fucking disruptor of the likes we haven't seen since bitcoin. If listed on coinbase, AMPL WILL absolutely hit 100 billion MC in the upcoming bullrun. So much hinges on the coinbase's decision. For the record, I hold fat bags of both RSR and AMPL, so I'm praying both get listed and if that happens I'm cooming inside my amazon rime bought sex doll for the next month.

ampl will NEVER EVER be on coinbase

Coinbase the single most NORMIE user base in all of america

Can you imagine the lawsuits during negative rebase?
I BOUGHT 10 AMPL WHY IS IT NOW 7 YOU STOL FROM ME COINBASE

>>20917569
Yet it's officially being considered for coinbase and coinbase CEO has a personal stake in it.

>>20917569
they'll probably have a warning popup when you click on AMPL about how rebases work

>>20917604
>coinbase CEO has a personal stake in it

Was reading that is a little irrelevant as he has a personal stake in numerous coins?

>>20910322
"you have such a great courage sirs"

>>20917391
AMPL is everything BTC should have been, thanks to the elastic supply protocol, which will ultimately prevent AMPL from being manipulated by whales, which will differentiate it as an actual, usable stable currency, instead of a speculative asset. Fuck BTC

>>20917649
but he was roomies with Brandon, I think that's what anon meant.

coinbase doesn't list this until it is much less volatile

>>20917391
>in a matter of months?
in a matter of weeks/days senpai

>>20917391
Coinbase isn't the only one. All these exchanges are about to compete to list AMPL first. This is extremely bullish

>>20917569
Simple fix. Make a pop up asking normalfriend if he understands the risk involved in the app. Of course he's going to click [_] YES I UNDERSTAND without even reading the shit in the first place, and now Coinbase is not liable

>>20916271
[AMPL] MIP6 Collateral Onboarding Application
https://forum.makerdao.com/t/ampl-mip6-collateral-onboarding-application/2985

Ampleforth Token as a Collateral at MakerDAO?
https://www.publish0x.com/canuhodl/ampleforth-token-as-a-collateral-at-makerdao-xllerep

We shall see

>>20910322
fuck off pajeet, you filthy streetshitter

>>20910293
>customer service
hahahahahaha....
this retarded prius driver thinks ai bots hosted on aws have feelings.
K Y S ...my god boomers are funny.

>>20917391
I am also a RSR and AMPL chad and the issue with AMPL is people just look at the price and it doesn’t look like an attractive chart. But once you tell them their tokens will increase when it’s above $1.05 their eyes open up.

>>20910134
Its possible.

WHAT THE FUCK WAS THATTTT

>>20918029
retard

>>20910134
Whats the source for this

>>20919331
>"retard"
Not an argument