/biz/ - Business & Finance

>>28636314
It's a legit project and seems to be growing steadily. It's going to blow up when it gets listed on the bigger exchanges

Also forgot to mention, 2 audits already completed, so a safe project to be in early on.

>In June 2020, the Amp smart contracts were audited by ConsenSys Diligence. Over the course of three weeks, ConsenSys researchers identified zero critical issues, and shared fifteen findings and recommendations related to developer experience and other optimizations which have since been implemented.

>In July and August 2020, the Amp smart contracts and related collateral management contracts were audited by Trail of Bits. Over the course of six person-weeks, Trail of Bits researchers identified zero critical issues, and shared one low-severity finding and recommendation which has since been acknowledged.

>https://amptoken.org/faq#have-the-amp-token-contracts-been-audited-

>>28636314
Good to see my Ampu bros. Dumping some OC.
>>28636508
Exactly. I'm already seeing some massive gains, got in at $0.025 with 100K amps. Portfolio is up 76%.
>>28636546
Looks good Ampbro

>>28636508
So far Amp has been getting some really solid gains these past few weeks. This is with minimal exposure to media outlets and only being listed on Gemini. Hopefully it gets listed on other exchanges and people start buying in. Any price predictions amp bros?

Tried to buy $1k worth this week but stupid gemini still waiting to verify and not gunna pay gas chamber fee on unikike

>>28637376
Sad! Hopefully a dip happens and you can get a bag.

>>28637076
Love that OC, thanks fello AMPbro.

Are you staking your AMP to one of the current wallets? I thought I read that there were varying rewards per wallet staked (Gemini V. SPEDN). Have you found any differences in return for the staking value?

https://app.flexa.network/

Didn't see any difference in rewards thus far, maybe because they're still in early stages?

I'm staking to SPEDN currently as I see it taking off as a primary method of payment when additional retailers pick it up.

Going to go to Lowes and buy some stuff for my home projects, and pay with my BTC. Feels great to be so close to ditching fiat all together.

>>28637376
I just ate the gas fees when I bought in a few days ago, and not disappointed at all with the gains. I'd suggest eating it if you can get in earlier, as I feel this has so much upward potential, and we have no way of knowing when exactly it will explode.

>>28637305
Sticking with what I said in OP, being about 50c to $1 EOY dependent on what businesses start to participate in the FLEXA network.

>>28637376
Might want to do some quick math, I’ve noticed on Gemini that the price is quite a bit higher than on dextools. So you might be paying a lot more than the gas price if buy through them (depends on how much exactly you’re buying).

>>28637617
Wait, you can stake AMP? Details?

>>28637617
I've seen someone else calling us Ampus and I think that's pretty funny. Seems like a good investment

>>28636314
amp discord YkcS5hcr

>>28637790
Definitely find the best way to buy, but be quick anon. These prices are rising fast
>>28637973
This, I'll have to do some research into it as well. I didn't know this.
>>28637617
Same to you, good OC. I'll make more when I get some free time. If Amp hits a dollar my entire life will change. I'm definetly going to hold for a long time, as amp has real world applications and isn't some ridiculous shitcoin. Not to mention it's developed by Flexa, and Flexa has some good connections with a solid reputation.

>>28638172
That was me anon. I'm currently making Amp edits of Apu. Started calling everyone "Ampu" kek. In all seriousness Amp seems like a solid stake.

>>28638247
>Definitely find the best way to buy, but be quick anon.
I already got in at 1.5 and 3. Only about 100k though.

>>28638247
What did it for me were the ties to actual financial companies (like Amex) the devs have.

Is it on anything like uniswap

>>28637973
Yep! Amp staking is active on the Flexa network. You're offering your AMP as the collateral for the transactions happening within the flexa network (on SPEDN or Gemini currently, or on new projects added).

https://app.flexa.network/

If you go here, it'll take you to the FLEXA app. Explore brings you to the current apps you can stake to, being Gemini or SPEDN for now.

Basically, how it works is you offer up your AMP as collateral to the network, and AMP processes transactions using the pooled funds. So, when I go to lowes later and buy my insulation, planks, etc, AMP is used as collateral from my understanding. The more AMP staked, the more value in the network for transactions to be made.

I'm a midwit so my explanations aren't great, but even I can see the absolute value of this. Current APY's on staking are about 4.85% for either network, but I believe that is subject to increase with how much traffic there is on the network.

>>28638190
Thanks for the link! I believe I'm already in this one, but this is great to share with everyone else who's new to the project. Also, word of warning to anyone who joins, they will tell you to go to the TG channel for price discussion, so if you're going in to just talk about price predictions, you might get directed elsewhere.

Trev is pretty active in this one (assuming I have the right discord in mind), so you can get your questions answered about the project from the guy himself.

>>28638247
Absolutely. I've been looking for a way to completely remove fiat from my holdings, and this might just be it. I'm overjoyed there's a project like this, and want to share it with everyone so we can finally escape the fiat ponzy scheme.

>>28638404
So much this. Unreal amounts of potential if they can take on the marketshare of our current financial system. Could be a bluechip in the coming years dependent on market adoption.

>>28638529
Yeah, that's where I bought since I didn't want to deal with Gemini. We've been pretty stable for the past few days, so I might recommend waiting for gas to drop to whatever level you feel good about.

I've got 12K, been waiting to see if there's a dip to throw another $100 at it

>>28638404
Exactly. I saw a twatter thread and thought this could be a pretty solid project. I read their Whitepaper and what their aim is and I think it has potential. I don't think it has "deep ties" as this post claims, but Felxa does have people who have previously worked for Tesla
>https://twitter.com/InfiniteAtman/status/1359791050722836486

>>28638590
Thanks anon. How often do they deposit the staked AMP and what kind of lockup period is there? I connected my wallet to the site and I can do the staking but just not sure about how long things get tied up for.

>>28638404
It's got a lot of ties this one is really important.
https://www.ncr.com/company/blogs/retail/ncr-teams-up-with-gemini-and-flexa-to-demo-innovations-in-cryptocurrency-accessibility

>>28638590
not the same discord man, ours is just a casual AMP chat for biz fags.

STOP

RIGHT FUCKING NOW.

It hasnt picked up because the time isn't right. We havent accumulated enough.

This Coin is the biggest thing since Ethereum or even bitcoin itself. It has already brung Crypto to retail. You can walk right into a test market of stores and pay for product using AMP or even Litecoin tokens

NOW THAT YOU KNOW THIS . IF YOU ARE READING THIS DO NOT REPLY. LET THIS THREAD DIE

JUST GO BUY AS MUCH AS YOU CAN AND KEEP IT LOW. WE ARENT READY TO SHILL A x1000 TO NORMIES

PLEASE PLEASE. DONT REPLY

>>28638760
One of the lead dudes used to work for Amex. That's what I meant. People with backgrounds in the actual field they are making the product for. Not like, a partnership.

>>28639392
STOP REPLYING

>>28639007
I'll join this one then once I'm back at my desk then, sorry for the mixup!

>>28638789
I just tried it. Doesn't seem to be a lockup period at all, just have to pay gas fees to unstake, and they were pretty minimal on my last check. Seems safe to me!

>>28639013
Understood. As I said in my OP, if there's enough interest not to post, I will not post about this for a little while and keep it quiet. I've reached my threshold for investment currently, so I'm done accumulating, but I'll give you all more time if need be.

I know you said not to reply, but I wanted to give out my last bit of info to other anons asking before I stop replying. I'm done for real now!

See you on the moon brother.

Bought 150k AMP and 6 mil NPXS, both of these projects are severely undervalued.

AMP $0.10 by week’s end and NPXS will become $0.01 by this month, and then towards $0.10 after that and perhaps $0.25 after that.

>>28639592
Bro we are on the ground floor with this. I saw this comment somewhere else,..Plebbit i think..i normally dont recommend plebbit but lots of good info over there.

Think of a 300 story building thats just now taking reservations for the 2nd floor. We are that low.

Add the Market capitalization of Visa, Amex and Mastercard and apply it to AMP and you get $120 price on this token.


Keep this low till you got a make it stack. Theres little to no organic interest and thats a wonderful thing.

Again let this thread die. Let these retards fomo in above $1

>>28639711
Tell me about NPXS

>>28639013
>>28639443
My apologies amp bro. We'll stop posting and accumulate more. Sage is in options, this is my last post.
>>28639711
Good on you.
>>28639592
See you on the moon too brother. Here's a little OC for your troubles.

>>28639879
Some of the folks on plebbit have been acoomulating for months. Still feels early.

https://www.reddit.com/r/AMPToken/

>>28639902
It’s similar to AMP and they’re about to go through a token burn.

OP I dont get paid for like another week pls slow it with the shilling i only have 5k but im gonna get me a nice little stack then

>>28636314
Such an obvious pnd lol even the winklevoss’s said they’re gonna pull it off of the exchange

>>28640111
It is. The twins are financing this project and have 100% integrated it into gemini If you know who i am talking about when i say twins, you need to back the fucking truck up

the reason you are not hearing anything is because people in the know are buying hand over fist right now before $1. Thats the cycle and stage we are in.

Now imma go make some slide threads about Hoge or Rubic

>>28640474

Is that a joke? I talk to a winklevoss regularly and AMP has been attracting a lot of customers for them, so why would they want to pull it off the exchange?

>>28640817
he is a basher and accumulating STOP BUMPING

>>28639879
$120 i mean be realistic look at the market cap. $10 hard max and even thats a little ridiculous haha. Im amped too but lets be realistic

>>28641105
I am being realistic faggot

as people realize AMP is the bridge they will ape out of whatever shitcoins they own and go over to anything with the flexa network.

If XRP can hit $4 and being nothing but a generic bitcoin than AMP can certainly reach $100 if using flexa at starbucks becomes an everyday occurance

>>28641105
Shoot either way, even $1 is a hell of a price to go up to. I’m make a fuck ton of money!

>>28640817
Winklevoss here, yes we’re pulling it. Just too shitty k thanks bye

Ps zuck is a cuck