/biz/ - Business & Finance

>>21117334
it's over anon let it go.

>>21117334
the only A coin I think about is ARPA now

>>21117334
bros tell me the truth. is this fucking thing dead? and if yes, what should i trade my bags for? i'm at 50% loss so a 2x will restore my losses on ample.

>>21117549
you should realize this is not for you
cash out delete your wallet and invest in index funds

Lol not feeling good? I'm surprised you haven't necked yourself yet OP. Geez. Must not be able to afford a rope with all those losses

>>21117576
anything less radical?

>>21117334
anybody who isnt out by now deserves what they get

I'm hodl wish me luck

>>21117652
it will reach 1$ again at some point, the question is, will our stacks have been reduced by 90% before it does?

>>21117652
aw is there no news coming up
i thought it was gonna be in coinbase

I just sold. Lost around 12k out of 18k

>>21117804
Based.

>>21117804
Thank you. Best regards, the Great White Whale.

>>21117734
lol imagine buying something like this

>>21117852
well if the mc starts increasing again, the gains will be massive.

>>21117334
>He fell for another obvious biz pnd
>he didn't know biz existed before 2020

Seriously anon you deserve to lose money. You should buy RLC next and try lose even more money.

>>21117852
I did, absolutely killed it in July. Now am officially wealthy as I took my investment out after 12 days and still have a huge bag of free Ampl. If it goes to zero, so bit it. But imagine if it does go the MC of billions....mwahaha

>>21117334
can some super smart what anon hop in here and let me know if i'm right in saying this. Ample designed to go to $1. so under $1 is like free money nd shit? like, if i wat autistic and had to get edcuated on AMPL is that what you'd say?

What happened to tooth anon?

>>21117882
>>21117903
you could exit now and enter later with more % of the supply. sell 10k (0.001%), buy 10k later (0.002%).
neg rebases will always fuck over holders which is why the tokenomics encourage a dump to as close to 0 as possible

>>21118000
Yes and no. It is designed to go to $1, but you own a certain percentage of the MC. So if the MC goes down, you could still be down even if the price goes to a dollar. Investing right now would be betting that the MC will go up, which it most likely will, it's just a question of how soon

>>21118000
it depends on how long it stays under $1, which in turn depends on whether the mc is increasing or decreasing. say you buy 100 ampl at $0.5 for $50. after a few days of negative rebases you will end up owning 30 ampl that are worth $1. you have now lost 40% of your investment. without an increase in MC to give you a few positive rebases, you won't make any money out of ampl.

>>21117576
This.

If 1,2,3,4 weeks smokes your ass.
Crypto is not for you.
Go invest in index funds.

>>21118120
it's like the decentralized a ponzi so everyone loses

>>21118129
depends on how you define "smokes your ass". It's money i can afford to lose, but in this climate it is idiotic that i lost when nearly everything else is making gains.

>>21118052
He.. He didn't make it...

>>21118052
He had to sell at a loss to fix an abscess tooth. He wanted to stay in though and wants all of us to make it.

>>21118069
>encourage a dump to as close to 0 as possible
Not really, the negative rebase is capped so that there is less downside and more upside

>>21118203
He neck himself?

>>21117334
If you understand how badly designed this coin is you should know that it's going to get a lot worse.

I did not know what I was getting into when I bought this. Cut my losses and sold 4 days ago.

Feels bad, though I'm glad I did it then not now.

>>21117804
cant stop thinkinmg bout doin the same theres to many roje cts doing real shit right now

scamplefilth

>>21117576
>>21118129

you wont hold for 4 weeks without suffering massive cuts to your overall value.

>>21118172
You asked for "the truth"
The truth is:
You are acting very emotional.
>but in this climate it is idiotic that i lost when nearly everything else is making gains.
Diversification.
Never put all your eggs in 1 basket.
You should have a portfolio of assets.
If you do it right you will always hold badly performing assets.
Your performing assets should be killing it to offset your badly performing assets.
You can never be right 100% of the time.
You either get this or... good luck.

I'm buying all your bags. Shit's on sale yo.

>>21118207
>the negative rebase is capped
doesn't change the fact it could crab at 80c for months and bleed you dry. so long as it is neg rebasing, it is always better to sell, this is the trap

>>21118355
With AMPL, your ownership of the marketcap can never be diluted.
I still own the same percentage with the recent drop in marketcap.

>>21118355
The overall value is determined by MC. You could have 4 weeks of negative rebases, and as long as the mc doesn't go down, you would have the same value. Though, I don't think it would actually be possible to have 4 weeks of negative rebases without reaching a dollar if the mc stayed the same

>>21118232
He cashed out because he needed emergency root canals (not even joking)

>>21118052
I'm still here. Had the first half of one of my two root canals today, took some shitty pain meds and prepping for my next half on Monday, then my next tooth on Friday after the antibiotics have ran their course. Shits been rough fren.

>>21118392
Please learn the mechanics before talking about it. I addressed this here
>>21118462

>>21118386
No i’m diversified and everything else is doing well. you’re right i am acting emotional because i fomoed on ampl and I usually don’t. I am just not sure whether i should cut my losses or if it’s worth holding for months and whatever happens, happens.

>>21118463
Yup, had to take my losses. I need my abscesses drained due to developing sepsis. I'll post a pic of my temp cap in a sec.

>>21118439
>With AMPL, your ownership of the marketcap can never be diluted.
That's literally how every crypto works.

>>21118589

>>21118000
Designed to go to a dollar doesn't mean it will.

>>21118596
No. This is after supply changes (positive/negative rebases).
You "literally" don't understand AMPL.
>>21118563
Thanks for being honest, pal.
Never FOMO.
Always hold a diversified portfolio.
Keep cash ready to deploy for opportunities that arise.
You live, and you learn.
Now, what am I doing with AMPL:
Holding long (more than 1 year).

IT WAS OUR FUCKING TURN

>>21118772
It still is anon. I think AMPL has hit its bottom and is primed for a rebound soon. I would buy back in if I could but by the time I get my money back into crypto I know it'll be too late.

>>21118955
>he doesn’t know what a pump and dump is
You shouldn’t if you could

>>21119117
I believe AMPL will be resurrected. I know a lot of good people in it that I would love to see make at least their initial back.

>>21118689
looks much better, god speed

>>21119152
Well you believe wrong. Facts don’t care about you or your friends feelings

>>21118596
You realize ETH for example has an expanding supply right? It will never stop. You are diluted every time a block is mined.

>>21119173
This mad lad lost $400,000 and is still holding
https://etherscan.io/tokenholdings?a=0xfd27d5f814c1ce1f7012ba06a2a82d97225689a5

How's it going bagholders? I see that you're slowly bleeding ... perhaps below $100 million MC?

>>21119279
wait a min, hold on... that's a buy signal.....

>>21119310
I regret ever getting into this shit

>>21118723
The rebase mechanism is just a bunch of unnecessary cosmetics that equal to the price change in other coins whle in AMPL it's MC that matters.

>>21117549
All jokes aside, I think you should exit your position now, 50% loss isn't that bad and you could easily make it up on the next pump and dump ... honestly, we still have to lose about $100 million in MC so if you exit now, it will minimize your loss ... sorry dude :(

>>21119279
>>21119347

I'm still buying.

>>21119310
100MM cap still puts it at a 10x

>>21118689
post the xmr again i keep forgetting to save it

>>21119385
>we still have to lose about $100 million in MC
Proof?

>>21119470
I know that feel. Thanks again dude.

48oxifDTGHaAZFxdiAZQVo98QWkiTRkJCTpNRobk2KjZ4Wm6wFVBEUnc3KcEjbjSjnPVZkgPwk9zjD8GvxzPgSrMEmwieUm

>>21118501
You absolute brainlet. If theres 4 negative rebases in a row at 80 cents and you hold 1000 ampl it goes 1000->900->810->729. you now have 729 ample. If you had sold at 1000 and bought back after the negative rebases still at 80 cents you now have a bigger stack at 1000.

WE’RE NOT GONNA MAKE IT
NO, WE AIN’T GONNA MAKE IT
WE’RE NOT GONNA MAKE IT
AMPLEFORTH

>>21119310
i think ampl is very unique in the space and has 2 very unique and interesting properties

(1) uncorrelated asset
(2) elastic supply

these 2 things make Ampleforth very interesting.

The geyser far exceeded what the team was expecting.

There is still $32m in liquidity on uniswap for ETH-AMPL pair

this doesn't look like another pump and dump

>>21119483
The proof is AMPL went from a $5 mill MC in June to over $700 mill within a month. A massive correction is taking place.

>>21119428
Sure, I wouldn't even be surprised if it went under $50 mill MC

>>21119367
No.
When you buy or sell AMPL you are buying/selling in reference to the current supply.
Positive/negative rebases don't actually increase/decrease the value of your holdings. If a negative rebase happens than supply shrinks. If no trading occurs afterwards then you would have less AMPL that are worth MORE
Fool.
AMPL is the real deal. It's a decentralized FED that modifies the supply every day.
Pic related.
https://satoshi.nakamotoinstitute.org/posts/p2pfoundation/3/

>>21119554
Your argument only works if the MC shrinks, it has very little to do with the price. You are just talking about swinging like you would any other coin

>>21117334
Get out and go into link are you guys idiots.

>>21119608
Right, but you are saying it has to drop another 100 mil, and I asked what your proof is. It has already corrected from 700m to 230m

>>21117549

AMPL's chart looks almost exactly like Enron's, LMAO.

Yeah, it's definitely gonna come back bro.

>>21119703
>AMPL's chart looks almost exactly like Enron's
Aside from a massive pump, it looks nothing like it

>>21119667
People still exiting. MC shrinking day after day.

>>21117334
shoulda swapped to XAMP even you had the chance... only dev in this field that isn't scamming/dumping. doesn't even matter what you think about utility or if it's a clone or not. if party A makes something revolutionary but scams/dumps and party B simply copies party A but doesn't scamdump, who do you think is gonna hook on longer?

>>21117334
Just hodl bro
Lol
Yeah I'm fukt too
Riding this roller coaster into the dirt

>>21119642
What do you think determines the market cap you absolute fucking brainlet. Please tell me so i can laugh at how retarded you are.

>>21119703
Enron peaked at $4?

>>21120048
we either land on the moon or drill to the fucking core of the earth.

>>21117549
Dumped this fucking shit right in time to catch the Yfi crash.
Almost made all of my money back.

So let me get this straight fagits

Not only is the price going down like a falling turban, the tokens are getting taken away too

>>21120367
>fagits
faggot

buy when theres blood on thAAAAAAAAAAAAAA

>>21120367
That's right. You literally can't even hold.

>>21120367
Like literally every single other coin, if the MC goes down, you lose money, if it goes up, you gain money

>>21120541
Kek shut up nigger , tokens don't get taken off your hands

JUST

>>21120625
Fucking retard, you don't even know how this works

>>21117334
AMPL, a jewish psyop to steal LINK from /biz/

>>21120717
>how this works
It doesn't lmao

>>21120717
I do know how it works

If the price is falling constantly and you still getting negative rebase -----

YOUR REKT NIGGER

i will go down with this ship i will not put my hands up and surrendeerrrr

Not selling lol. See you faggots in 2 weeks.

AMPL removed pause functions today. Might be a sign they're getting ready for a major listing (major exchanges don't like pausability).

https://www.ampltalk.org/app/forum/technology-development-17/topic/removing-pausability-95/

https://twitter.com/brandoniles/status/1291851673996914688

>>21120767
That is a result of shrinking MC not because of rebases. Same thing with positive rebases, it isn't giving you free money

Should have bought XRP instead. Losers

Can you imagine the ones who bought at $10+ and were bag holders waiting for it to jump back up to $20+ only to watch their portfolio vanish before their eyes?? Can’t tell if this was a scam by the devs or just a really badly designed coin

>>21119642
>Your argument only works if the MC shrinks, it has very little to do with the price
LOL this is a classic example of a retard that invested in ample. the equation for market cap is supply * price. since supply goes down every neg rebase, the ONLY WAY FOR IT TO KEEP UP IN MARKET CAP IS FOR THE PRICE TO GO UP. IF THE PRICE DOESN'T GO UP, NEG REBASES MAKE THE MC GO DOWN. THIS IS BASIC MATH LOL
>it has very little to do with the price
LLOOOOOLLL I would feel worse for you fags if I wasn't telling you this all along

>>21121583
Oh, it's this retarded troll again

>>21121620
>math is trolling
HAHAHHAHAHAHHAHAH NGMI

>>21121492
>bought at $10+
It has never reached $10, ATH was ~$4, what coin are you even referring to?

>>21121651
Not taking your moronic bait

>>21121672
>NONONONONONON THIS IS TROLLING THIS CAN'T BE TRUE NOOOO MY SHITCOIN IS SPECIAL

>>21121877
Some of the fud you guys spend so much time and effort creating is fucking adorable lol

>>21121964
it was a long con, I published this website a decade ago in hopes that one day a shitcoin could come along, then I could change what the definition of a market cap is to tank it once it's already tanked into the ground. conveniently I also own every other financial website, dictionary, and book publisher, and changed it everywhere. the ONLY people who really know what a market cap is are the 12 people still holding ampl lmao
https://www.investopedia.com/terms/m/marketcapitalization.asp

>>21122026
Still not taking your bait. I already know you are 70 IQ, you don't need to prove it

>>21122089
>investopedia is bait
>math is trolling

>>21122089
The guy is obviously mentally challenged. Give him a little bit of a break

>>21117334
i hurt myself today

>>21118439
>>21118462

MC spiked insanely, what makes you think it will get back to those levels?

anon who bought ico here, gonna help you guys a little bit, because it seems like people are lost or didn't read the wp/rb
tl;dr the inflation is insane right now, especially because this coin was never supposed to get above $3, it will take at least 2 months of negative rebases to balance everything (because it is capped to 10% max), until then I recommend swinging every 5-10% you manage to get, else you guys are just going to watch your wallets evaporate

>>21120048
This.
Holding til the end.

>>21119619
lmao dude

>1.30
>you have 1300 AMPL, $1690
>price drops to .8, you have $1040
>negative rebase, you now have 1200 AMPL, $960
>price goes to .96, you now have $1152

so why do people say MUH SHARE OF MARKETCAP when USD purchasing value is clearly less?
pro

>>21122597
Why wouldn't it? Just because it isn't doing great right this moment after a huge correction doesn't mean it won't do well in the future. People have said the same shit about BTC, ETH, Link, and probably the majority of coins at some point. If it would have risen more gradually, the correction wouldn't have been so bad, but now there is a huge supply it needs some negative rebases to shrink the supply before it will be attractive to new investors again.

>>21122759
The economics are retarded honestly

Sorry for those that lost money. I really think that Ampl is just getting started and that first pump was just a sign of what’s possible

>>21122759
Does a positive rebase give you free money?
If I create a coin with a supply of 100 and then buy the whole supply for $100, and then I increase the supply to 1000, how much money is my coin worth?

do i buy more yet or are we going lower? wondering if it could go down to 150mil or so

>>21122942
1000$

>coin is still IQ filtering people after its dead

>>21120897
I swinged my link stack once, never again, i won't swing my amp this time, definitively holding AMP