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20262525 No.20262525 [Reply] [Original]

And 1 billion dollars mcap.

>they still haven't researched

This is the replacement of all stablecoins and the most elegant solution possible to the problem of Tether's degeneracy. AMPL along with Bancor will truly allow institutional money to flow into crypto and its been a massive honour to Hodl with you AmpleChads.

>> No.20262556

>>20262525
Unironically based

>> No.20262608

>>20262556
Rebased

>> No.20262643

How's it a replacement for stablecoins? AMPL is just as volitile as any other crypto. The increasing supply as price goes up and decreasing supply as price goes down just makes your returns harder to calculate.

>> No.20262713

>>20262643
>he still doesn't understand

This volatility is very temporary and will disappear after the process of marketcap discovery.

>> No.20262721

>>20262525
I explained this shit here, this coin wont hit $10 bucks unless theres mega fomo

>>20262489

>> No.20262734
File: 80 KB, 640x539, halal.jpg [View same] [iqdb] [saucenao] [google]
20262734

>>20262608
>rebased

>> No.20262774

I can’t sell my house fast enough

>> No.20262818

>>20262721
If it hits 5 dollars it will automatically get to 1 bil in time

>> No.20262829

>>20262818
>still hasnt sold either kids or a kidney ngmi.

>> No.20262833

>>20262721
>>20262818

But tbf there have been times in crypto history where mcap didn't mean shit. If ampl becomes the flavour of the month it could go absolutely insane. Like the rebases might not even matter and people will ignore them and just rage buy.

>> No.20262873

>>20262833
>ut tbf there have been times in crypto history where mcap didn't mean shit. If ampl becomes the flavour of the month it could go absolutely insane. Like the rebases might not even matter and people will ignore them and just rage buy.

DESU it has been flavour of the week, its gone 10x in 2 weeks and ppl dont even realise it.

>> No.20262898

The free token dumpers can barely keep it below 3 dollars. Massive regret not buying at 2 dollars last week. I have a bad feeling about this.

>> No.20262909

>>20262833
AMPL might actually be Satoshi's Vision. p2p digital cash.

>> No.20262976

>>20262898
I do not understand, if you sell your rebase you lose your % of the marketcap.

Why would you sell now? When marketcap will just increase for months even if price falls.

>> No.20263338

>>20262909
this

>> No.20263390
File: 39 KB, 960x410, 853BC082-3361-4608-8BA9-337BA5873C12.jpg [View same] [iqdb] [saucenao] [google]
20263390

>>20262976
That is the point. This is not like other coins and everyone needs to read this www.ampleforth.org/redbook if they have any idea how this could be 10x when the price doesn’t reflect that fact at all. CEO of coinbase has invested allegedly and people are taking about this being a new form of collateral. Coinbase has also just announce they will list on Stockmarket and have an IPO. I don’t know what else I can say to express how bullish this is.

>> No.20263411

The fact that almost nobody in this thread understands how AMPL works but holds some anyways is making me bullish as fuck... FIRST, why sell your rebase when it compounds the next day. Let me explain this for brainless:

You have $2000 in AMPL (about 666 amples at the current rate).

With rebases at tonights rate you’re getting a $400 rebase so you now have $2400 in AMPL (do you follow me biz, 2000 + 400 = 2400)

Supposing tomorrow you get another 20% rebase (provided the price stays the same, since there’s an ELASTIC SUPPLY)... the you get 20% of 2400 which is 480 so you now have 2880. At this rate, over a 5 day period, assuming the buying pressure remains the same (and you have a relatively stable rebase) you’ll have $3456, then $4147 the next day, then $4976 etc etc.

If you sold your 400 rebase each day you’re making 20% less in profit. So if you sold your rebase for 5 days straight at that rate, you’re losing out on $976. This is the power of compounding interest.

For the rest of you... I know it takes some getting used to, but you have to stop thinking about this in terms of price. It’s not “going to $10”... it’s going to a billion dollar market cap. If you bought in when it was at a $100 million dollar market cap, that means with rebases, the amount of ample you hold will be 10x more than when you started. So you didn’t get rich because it went up in price, you got rich because your magic stack get growing more and more, the longer you held it through the market cap discovery cycle. It’s price may go up or down a bit, but as long as it doesn’t go below 1.50 don’t panic. Just hold and you will be rewarded. I know biz is a bunch of ADHD riddled schizoid pump and dump autists, but literally all you have to do is hold. It’s that simple and you’re so early.

>> No.20263432

>>20263390
check out brian armstrong's profile on crunchbase. AMPL is literally 2 of his only 6 personal investments in crypto

>> No.20263573

>>20263411
What the fuck is a rebase and how do you do it

>> No.20263581

>>20263411
Daily Reminder there are still less than 4000 wallets holding AMPL. YOU ARE EARLY

>> No.20263678

>>20262525
>>20263411

Rebased and Ample-pilled

>> No.20263709

>>20263411
Great explanation.

>> No.20263717

Not buying your inflationary scam boys. Kys all of you

>> No.20263738

>>20263573
A can occur once in a 24hours window. At that time anyone can press the rebase button, process the transaction with metamask wallet, initiating the rebase process. www.ampleforth.org/dashboard

>> No.20263767

It's literally a pyramid scheme you stupid fucks. Just look at the whitepaper

It's supposed to be a stablecoin. In order to secure the stability of the coin it mints new tokens and gives it to current holders when the price is above 1$, and it destroys existing tokens from holders wallets when the price is below 1$

Everyone is buying it because of the daily rebases/new mintings and because so many people are buying it the price goes up despite the mintings

Because of this many people think they are just earning 10% interest daily, yet when the hype dies down this will crash HARD. Not only will people lose on the down move but then their coins will start getting burned. It will crash hard when that happens.

Also note that due to all this it is doing a terrible job at its only purpose, being a stablecoin.

Literally has NO purpose other than hoping someone else will buy it higher.

>> No.20263854

>>20263717

Very definition of NGMI... like seriously, a pigheaded, hates money, doesn't understand a new asset class so he calls it a scam, never going to fucking make it, motherfucker

>> No.20263873

>>20263767
All that text just to say “I’m a faggot”. It’s okay anon we still accept your alternative lifestyle, you’re just never gonna make it

>> No.20263883

>>20263767
I fear this guy is totally right.

But its obvious the music isn't about to stop at any point soon and new buy pressure will obviously come periodically during these insane market conditions.
I wouldmt be buying right now but I wouldn't be selling either.

Its at the point of uncertainty atm

>> No.20263895

>>20263767
But if prize goes down and my stack doubles I have more money's so this is good thing

>> No.20263969

Guys, if i buy and hold in my metamask when rebase happens do I need to do anything? Like can I set it and forget it and still multiply my stack?

>> No.20263998

>>20263738
You dont have to. It happens automatically

>> No.20263999
File: 50 KB, 1200x675, champlon.jpg [View same] [iqdb] [saucenao] [google]
20263999

>>20263767
>>20263883
>>20263895
The rebases take 10 days to fully manifest, meaning the mcap elevation is realized over a longer period of time and cannot be "crashed".

The actual crypto has the backing of people like Brian Armstrong and demand will skyrocket (even compared to now) once the team officially announces its integrations into other defi projects (confirmed soon).

Even in previous sub-$1 periods, the price has quickly moved back to $1+ (even without marketing and incentives to HODL). Now there is even more reason to HODL the coin.

It's not supposed to be a stablecoin until it reaches >$1B mcap and the mcap and price both stabilize. By the time we get there, there will be institutional defi demand to provide ongoing buy pressure.

>pic pelated

You are a faggot.

>> No.20264102
File: 449 KB, 1365x2048, 1593263290247.jpg [View same] [iqdb] [saucenao] [google]
20264102

AMPL has a lot of similarities with HEX (you just win by holding, "the better bitcoin" narrative, erc20 token), while not being a richard heart scam like HEX. AMPL is basically a much better version of HEX and in the long run it will be the perfect stable coin (pegged to purchasing power of 2019 USD, so no fiat inflation effect like other stable coins)
HEX has 10x the marketcap of AMPL.
I just bought my bag of AMPL today, because i did a lot of research before buying..kinda regret not buying in earlier obviously, but in the long run i will make it anyway..

>> No.20264227
File: 21 KB, 391x164, stop pajeets.png [View same] [iqdb] [saucenao] [google]
20264227

>its the stablecoin to end all stablecoins
>its going to be the crypto currency of choice

>meanwhile dev himself says its not designed to be either of these things

pajeets

>> No.20264252

>>20264102
When you make it, be sure to upgrade your taste in women.

>> No.20264279
File: 384 KB, 1280x1920, e7983eaa0e3e4187b9781c6cc1f1af55.jpg [View same] [iqdb] [saucenao] [google]
20264279

>>20264227
Yes, you turbo autistic fag, according to devs its a store of value system (thats why they aim to replace bitcoin), and technically speaking its not a stablecoin, but it has way less price volatility then usual cryptos because its pegged to usd19 purchasing power, so it basically acts as a stablecoin, please calm down your autism

>> No.20264282

>>20264227
>evan kuo
>"dev"
please kys and look up BeChadon Iles

It's literally made to collaterialize loans in the short term, long term we'll see.

>> No.20264284

>>20264227
Do people buy groceries with Tether and DAI? No, they use it as a value stable safe haven for crypto gains and as reliable collateral on compound and aave. AMPL can do that better and it can be used as backing for stablecoins that actually want to be currency like RSV.

>> No.20264291
File: 176 KB, 1920x1281, Twice-dahyun-twice-43022269-1920-1281.jpg [View same] [iqdb] [saucenao] [google]
20264291

>>20264252
When you make it, please stop being attracted to pseudomen (=white whores)

>> No.20264304

>>20264284
in the future we will buy our groceries using the monolith crypto card, so we will actually pay with our stablecoins

>> No.20264306

>>20264102
STOP THE FUCKING REGRET
motherfucker
just hold onto these and you will get a dramatically more comfy life
Imagine not ever worrying about money again
Just hold onto them for 10 years man
The little amount you bought today will turn into millions
So just relax and enjoy the ride

>> No.20264350
File: 1.45 MB, 288x198, benderlaughsharder.gif [View same] [iqdb] [saucenao] [google]
20264350

>>20264291
Bugpeople pretending to be white girls, lel.

>> No.20264351
File: 81 KB, 1091x749, dubusana.jpg [View same] [iqdb] [saucenao] [google]
20264351

>>20264306
Thanks fren.
my portfolio is now set for the coming DEFI gigabullrun:
>LINK
>DMG
>BNT
>SNX
>AMPL
All powered by stinky chinklink

>> No.20264362

>>20263854
This

>> No.20264384
File: 2.58 MB, 350x620, 1582074535034.webm [View same] [iqdb] [saucenao] [google]
20264384

>>20264350
white "women" must be bred out of existence tbqh.
in the end we will breed asian girls and pay for the azn qt harems using monolith, store our money in AMPL, while we earn LINK staking rewards

>> No.20264431
File: 50 KB, 640x641, pol-gets-a-girlfriend.jpg [View same] [iqdb] [saucenao] [google]
20264431

>>20264384
>guys who want an asian gf

maybe try harder, anon. clean your penis and fix your mommy issues.

>> No.20264452
File: 395 KB, 933x1400, darkDubu06.jpg [View same] [iqdb] [saucenao] [google]
20264452

>>20264431
just stop being a poltard / neonazi

>> No.20264458

Stop fucking posting pictures of asian bugs. They are faker than press on nails. Hair extensions, dyed hair, eyelid surgery, nose jobs, layers and layers of caked on makeup aka fakeup. Ever had the displeasure to be around an asian girl up close and personal? Well, let me tell you because of their diet of kimchi, bok choy and dog their breath stinks like sulphur dipped in halitosis poo. White yellow fever incels worshipping asian females like the absolute cucks every non-white male sees them as. Clown fucking world we live in.

>> No.20264486
File: 150 KB, 1055x1540, Nako.jpg [View same] [iqdb] [saucenao] [google]
20264486

>>20264458
but anon-kun, the white race will be bred out of existence very soon.
get on your knees and like asian soles

>> No.20264493
File: 1.79 MB, 640x640, my-metal-gear-is-solid.webm [View same] [iqdb] [saucenao] [google]
20264493

>>20264452 read >>20264458
unequivocally this. Asian bug women are as fake as nigger apes. If you're going to cuck to a non-Western woman, at least make it Slavic.

>> No.20264525
File: 26 KB, 429x343, wegr.jpg [View same] [iqdb] [saucenao] [google]
20264525

>>20264493
lol, the white whore on your webm is giving a rimjob to an afroamerican as we speak, you pathetic cuckfag

>> No.20264708

>>20263573
Ngmi

>> No.20264727

>>20263717
You've been posting this rubbish since mid-2010

>never learns

>> No.20264756

>>20263969
Yes, Judy hodl.

>> No.20264780

I'm up $1,100 since yesterday AND I have an Asian gf #based

>> No.20264813

So I got some AMPL over Uniswap, what should I do next? Cant deposit on their website, still says my balance is 0. My metamask is connected

>> No.20265012

How does the rebase work? If I let it on a Ledger will my balance be readjusted by the contract automatically or do I have to do something else?

>> No.20265065

This is the ONE. You snooze, you lose. Get in now and get in hard.

>> No.20265166
File: 35 KB, 1080x415, Screenshot_20200711-124429~2.png [View same] [iqdb] [saucenao] [google]
20265166

>>20262525
Why is 2/3 of the supply locked? Seems scammy as fuck desu, the real mkcap is 225 millions already, seems overbought

>> No.20265169

>>20264813
Add token in metamask. Need contract number for that.

>> No.20265291

>there are still people here that aren't in Ampleforth

What the fuck is wrong with you?

>> No.20265325

>>20263411
So who on the other side is losing money as you rebase

>> No.20265332

Website looks scammy and full of buzzwords

>> No.20265358

>>20265325

it's not freebase, no one loses money retard it's an elastic supply lol

it's hilarious i mention this to my academic colleagues and they are all impressed by this new paradigm, money like this has never been made.

you guys are so 80iq you will only figure this out once it becomes a stable coin and has finished its supply and marketcap discovery

sorry but ngmi

>> No.20265423

>>20264525
Big mouth small brain incel penis. Chinkies no want you and you die alone.

>> No.20265435

>>20265166
The dev and vc coins are locked up for 4 years to prevent dumping, idiot.

>> No.20265556

>>20263432
What are the other 5?

>> No.20265591

>>20265556
>check out brian armstrong's profile on crunchbase. AMPL is literally 2 of his only 6 personal investments in crypto

>> No.20265626

>>20265435
So VC and devs own 66% of your "Defi" kek? Hard pass then.

>> No.20265694

>>20265626
I just looked at it, VCs got most of the tokens for a mere 10 millions investment, they're already at *18 kek, it's more JewFi than DeFi.

People are dumb and will never understand why their balance in AMPL fluctuate on daily basis btw.

>> No.20265741

HOW CAN I FUCKING STAKE THIS SHIT?

>> No.20265815

>>20265741
The less we explain to people the richer we’ll be. I’ve realized that I can make enough gains out of the next 6 months of FOMO to cash out and forget about it instead of having to wait for some magic milestone of adoption and marketcap. But to answer your question, it’s automatically “staked” if you hold it in your own ethereum wallet of choice

>> No.20265847

>>20265815
It is in my metamask wallet. But the geyser page still says 0, metamask is connected there too. It also says on their page to stake the coins to their geyser?!

>> No.20265866

>>20265741
Right now with the ridiculous pumping it's better to just hold it in your wallet. The ampl fairy will magically deposit a ... I'm gonna guess ANOTHER 19% return in your wallet at 10pm est. All you do is hold it, and you get the rebase.
If you want to use the geyser, you have to pool equal values of eth and ampl in uniswap v2, then you deposit that eth-uniswap pool token into the geyser.

>> No.20265895
File: 365 KB, 863x1080, lain_angry_and_confused.png [View same] [iqdb] [saucenao] [google]
20265895

>>20265847
Geyser requires uniswap lp tokens.

>> No.20265902

Stop telling chan anons about AMPL. last we want is these degenerates getting rich. NO MORE AMPL THREADS

>> No.20265961
File: 136 KB, 885x990, ampl rebase.jpg [View same] [iqdb] [saucenao] [google]
20265961

>>20265902
try and stop me

>> No.20265966
File: 83 KB, 393x372, 1588178336752.jpg [View same] [iqdb] [saucenao] [google]
20265966

>>20265902
Better than letting reddit know about it, it's starting to gain awareness in the defi community anyways.

>> No.20266113

>>20265866
So it doesnt matter if its staked or just in the wallet? Why do you need to stake then?

>> No.20266135

FOMOed in a few days ago. Got scared of the ponzi-feeling and sold all the same day. Now FOMOed back in again, with ~half the mcap of the first round. FML.

>> No.20266274

>>20266135
50x over the next 2 weeks my friend, just stay comfy

>> No.20266306

>>20266135
weak hands don't deserve ampl gains

>> No.20266336

also reminder to put sage in the options field when replying to ampl threads

>> No.20266346

Get out while you still can. Obviously a ponzi.

>> No.20266398

>>20265166
Because people are staking

>> No.20266430

>>20262608
Positive rebase

>> No.20266445

>>20262643
not researched enough

>> No.20266456

guys is there an easy way to see the rebase percentage history?

>> No.20266484

>>20263581
Yeah because most wallets are on exchanges - ready to sell. But

>> No.20266486

>>20263767
>it's a pyramid scheme so it's bad
tell me anon, do you pay taxes?

>> No.20266507

>>20263767
not researched enough. dont spoon feed him. low iqs dont deserve gainz

>> No.20266517

>>20264282
Brandon Iles? Wow that nigga follows me on twitter lmao

>> No.20266525

>>20263717
cool - dont buy

>> No.20266639
File: 28 KB, 800x600, ampl.png [View same] [iqdb] [saucenao] [google]
20266639

300 iq thought: the optimal time to dump AMPL is at $1.

first of all, the coin is searching its proper marketcap, which is higher than the current one. let's say ampl's true marketcap (speaking near term, 1-3 months, without considering alt season or other pumps/dumps) is x. that means the the price will be 1$ while the market cap is x.

now, the day before the x marketcap, the coin HAS to be a little above 1$, otherwise both the price and the rebase will pump it way above x. also it can't dump from a higher price, like 5$, in one day, because otherwise it would destory the market cap, making it almost 1/5th of x, even after the next days rebase.

by applying this reasoning inductively, we get something looking like pic related

tl;dr: dump at around 1$ when coinbase normies will be buying, if you'll try to time the peak then you'll miss more in rebases than what you gained in price

>> No.20266640

Damn this thread is full of obvious samefags and pajeet

>> No.20266717

>>20266639
>the optimal time to dump AMPL is at $1.
this. AMPL being at 1 us dollarino means that you've sucked out everything you could in compound interest

>> No.20266723
File: 67 KB, 1280x720, download (5).jpg [View same] [iqdb] [saucenao] [google]
20266723

Can you chinks/stinky indians at least hire a native English speaker to help come up with a name for your scamcoin? "Ampleforth"? Seriously? No native English speaker would say "Hmm, this name ISNT retarded!"

>In strong Indian voice: "YES YES AMPLE FORTH COME AGAIN"

Fucking stinky ass Indians and Chinese virus carriers need to get out of this board. USA rules over you.

>> No.20266727

>>20262525
>>20263411
What is a make it stack of AMPL?

>> No.20266753

>>20266723
Think your showing your illiteracy here. Ampleforth was a famous character in Orwell's 1984.

>> No.20266755

>>20266727
0.01% of the total supply my friend

>> No.20266773

>>20266753
So you're a dumb chink or pajeet who stole a name from a book, still not understanding that it's a stupid name for a coin because you are not a native English speaker.

>> No.20266786

>>20266755
that means market cap is only going to 1bn

>> No.20266791

>>20265815
bizlets not realizing this. by explaining to others we are reducing our own gains. let it grow organically. The sooner this thing will hit a $1bn, the faster it will fall. We need it to reach $1bn slowly. Rise 5% everyday

>> No.20266794
File: 1.16 MB, 697x1119, 1588682576080.png [View same] [iqdb] [saucenao] [google]
20266794

>>20266723
>https://en.wikipedia.org/wiki/Ampleforth
>Ampleforth is a village and civil parish in the Ryedale district of North Yorkshire, England, 20 miles (32 km) north of York.
It's also a character in George Orwell's 1984, as >>20266753 said.
I know it's hard for a mixed race mongrel, but please, PLEASE, stop being so am*rican. Am*ricans can be so much worse than curry niggers, you get all the bad genes, all the low IQ and all the retardedness, but at least no street shitter would show pride in being so dumb and ignorant lmao

>> No.20266809

>>20266723
forget about this coin. don't buy.

>> No.20266834

>>20266786
No, nobody really knows how high it can go, but every day you sit on the sideline 0.01% of the total supply costs more and more because of rebases and price going up.

>> No.20266928

How hard is this shit gonna hit the dirt?

>> No.20266960

>>20262525
Newfag here. What do I have to do when rebase happens if I'm holding in a wallet? Nothing?

>> No.20266964
File: 8 KB, 177x273, file.png [View same] [iqdb] [saucenao] [google]
20266964

>>20266928
new ath today

>> No.20267038

>>20266928
There will need to be a big correction. So many in insane profits but even after that sky’s the limit because we are still early.

>> No.20267092

>>20266960
You don't have to do anything. Smart contract will take care of things.

>> No.20267354
File: 116 KB, 506x609, E8EEFB2B-6EBC-4AB4-B9E5-F8EF36D66BB0.jpg [View same] [iqdb] [saucenao] [google]
20267354

>> No.20267438

>>20264304
Yes. here is a qrd on whats coming.

Currently (well lets say 1913 - 1971). The way the world worked is there were 12 regional fed reserve banks that used the gold on their balance sheet to instantiate new fiat into existence which served as currency

Post 2024 the new world will be quit similar in structure, but completely decentralized. Instead of 12 regional fed banks there will be millions...you will all be your "own central bank". You will use collateral (btc/ampl) to instantiate new currency into existence (rsr, dai....)

Ideally you should never need to "sell" your ampl or btc. You will simply use it as collateral to stake it into currency creation. Each year your collateral gains in value will give you additional headroom to issue new money from.

Basically we are taking the world of the 1950's but decentralizing it

>> No.20267605
File: 9 KB, 216x234, 201264646.jpg [View same] [iqdb] [saucenao] [google]
20267605

IS THIS THE NEW LINK, PLS TELL ME IM GONNA DO IT WITH AMPL!!!!
PLS!

>> No.20267891
File: 89 KB, 701x1024, 1576583358985.jpg [View same] [iqdb] [saucenao] [google]
20267891

>>20266135
This guy gets it hahahahaha

>> No.20267937
File: 24 KB, 657x777, 8.png [View same] [iqdb] [saucenao] [google]
20267937

>>20266639
Like the first smart reply ITT.
Godspeed anon!

>> No.20267961

>>20266727
0.01% of mc.

>> No.20268068

>>20267961
Circulating or total?

>> No.20268083

>>20265358
Imagine if BTC had rebase wow omg your BTC stack would just grow and the price would only get higher. Imagine cashing out all of those trillions of billions.

>> No.20268114

next rebase T - 10h:52m

I ALREADY FEEL THE TINGLES

>> No.20268289

Still not sure if place AMPL in the Geyser or just hold in wallet. My aim is to get as much AMPL as possible. Any suggestion?

>> No.20268302

>>20268068
Circulating.
But that's over 2700 AMPL. I have half of that because I realize it's a Ponzi yet also realize its potential

>> No.20268326

>>20268289
Hold in wallet. The ETH you'd use can be used to buy more AMPL and get more gains

>> No.20268334

>>20268289
>goal as much ampl as possible
hold it outside the geyser then....basically your choices are this:
in geyser:
* set rewards even if price dips below 1.0 you still get monthly rewards
* your are stack is balanced with equal amount of eth. thus eth acts as a 'floor'
* less total ampl rewards due to trade-offs above

>> No.20268339

>>20268114
can you explain to me what a rebase is
am retarded

>> No.20268345
File: 629 KB, 680x778, 1535661041498.png [View same] [iqdb] [saucenao] [google]
20268345

>>20268068
Id say total if you think Long Term.
>Comfy 0.02+% holder

>> No.20268359
File: 43 KB, 570x587, you.jpg [View same] [iqdb] [saucenao] [google]
20268359

>>20268083
People like you are so sad

>> No.20268378

>>20268302
>Ponzi
OK

>> No.20268388

>>20268339
increase or decrease in total supply of coins. happens automatically every day at 10pm est

>> No.20268389

>>20268339
You hold AMPL in your wallet. Every day at 10PM the amount in your wallet goes up because AMPL price is over $1. It's that easy.

>> No.20268423

>>20268388
>Whale dumps their entire stack
>price drops to $0.75.
>domino effect of panic selling
>price keeps dropping and never recovers
The reason they haven't done this is because it's so profitable not to right now.

>> No.20268463

>>20268083

In this scenario is BTC run on a smart contract to govern its rebase as either negative or positive related to its value of less than 0.95 or more than 1.05 or did you even think about that, or for that matter, take 30 seconds to read how this works before you said something stupid?

>> No.20268490

>>20268423
do you think there is a way that this never happens?

>> No.20268657

>>20268490
The same could be said for literally every other asset in existence. Demand prevents it from going to zero.

>> No.20268724

>>20268490
A negative rebase is the same as a price drop in any crypto. I personally have eth ready to buy if we ever get a negative.

>> No.20268734

>>20268345
how many ampl is 0.02% of total now?
I cant math that shit

>> No.20268765

>>20268734
(0.02*total supply)/100

Will be expensive

>> No.20268815

>>20268734
74.000.000 total supply, Im sure you can di the math now.
And No, I didnt pay 45-50k for it

>> No.20268832

>>20268657
there is so much reasons for demand to be so high lol.. when will this end, will it? :D

>> No.20268841

>>20263411
yeah sorry I'm stupid but I still don't get it.
Let's take your example. by the end of day 5 I have $4976 (to quote you: "provided the price stays the same")

Now here I am super happy thinking of yachts, blow and asian hookers. But the next day, for whatever reason (and this is crypto, so don't say it's impossible) price dumps hard. from $3 to $1

All the AMPL I accumulated and got from rebases is not worth 1/3, that is $1658. All the holding was for nothing.
And I'm only talking about holding AMPL in wallet, I know geyser is a whole different thing.

>> No.20268844 [DELETED] 
File: 77 KB, 1529x565, Screen Shot 2020-07-11 at 8.59.19 AM.png [View same] [iqdb] [saucenao] [google]
20268844

0.0175% holder

Extreme levels of comfort

>> No.20268869

>>20268841
high risk high reward, and it's not like the price will drop like you predict from 3 to 1$ overnight.

>> No.20268877

>>20268844
very happy for you anon, I have a loooot less but still comfy

>> No.20268902

>>20268869
Sure, I'm aware of that. But some of this anons treat this as if it's impossible for this holding strategy to fail, which is not.

>> No.20268951

>>20268423
why would anyone panic sell at 0,75 when you KNOW it will go back to 1? I have reserve ETH for this scenario, in which I would BUY as much as humanly possible knowing that I'd never get a slice of the pie for such a cheap price

>> No.20268958

>>20268869
After yesterday's rebase it dropped from 3.4 to 2.8, that's still significant, and hasn't recuperated fully yet.
There will be days when even after rebase, you won't make profits from the previous day post rebase dump.

>> No.20268983
File: 75 KB, 482x427, d90.jpg [View same] [iqdb] [saucenao] [google]
20268983

>lost $6.5k USD to impermanent loss

>> No.20269018

>>20268724
>>20268657
What's backing it to guarantee the $1? Why would people want to buy this at $0.75?

>>20268832
Such as?

>> No.20269030

>>20268841
Say it drops to 2$ though, for the day you're at a loss, but you still get a 10% positive rebase. After a couple of days you'll be in profit again (in $ value)

Technically speaking who bought the 3.55 top yesterday is now in profit (AMPL > 2.95, that was rebase price).

>> No.20269101

>>20269030
and what if it drops from $2 to $1.5. then you're at a loss for 2-3 days.
Again, I know we're all very optimistic and this scenarios don't seem likely just now. But stranger things have happened.
I follow a different strategy. I hold ETH and only get in and out of AMPL at certain times.
'm making $600 a day on average

>> No.20269146
File: 8 KB, 265x265, 1431407830744.jpg [View same] [iqdb] [saucenao] [google]
20269146

So what should I do now?

Hold a bigger amount of AMPL in my wallet or split it with ETH 50:50 and stake it to the geyser?

>> No.20269149

>>20269101
Dude in the end it's all gambling and nobody has a crystal ball, of course people can lose interest and noone buys in but as with all projects: do you think it can succeed? Is this mcap lower than expected? Because in the end you're gambling on the mcap here.

>> No.20269173

>>20269101
Look, take half the eth that you are trading with and put it in ampl. Trade with the other half, and see if you can beat the compounding interest.
I don't think you will

>> No.20269189

>>20269149
Fair enough. I just want to hear rational opinions, just like the one you just gave.
And not "ohhh 100x" here we cuuuum

>> No.20269215

>>20269173
I am doing exactly that but on the geyser, so far I'm beating it.
And no, I won't do it with AMPL on wallet, you are correct sir.

>> No.20269220

I tried to swing and got spooked with the price going back up. Now that I bought back with less than I had before, expect a dump

>> No.20269228

>>20268951
This. The cats out of the bag now.

>> No.20269239

>>20268844
Chad!
>>20269101
He makes 600$ per day, while I Made 31.000$ holding it.

>> No.20269251

>>20269146
geyser is objectively shit if you think the price will keep pumping
see: >>20268983

>> No.20269266

>>20269239
well you obviously made a bigger initial investment than me and been in for longer? it's all relative

>> No.20269277

>>20269189
I do agree that 20%+ rebases are unsustainable but I was actually asleep for yesterday one. I would've sold instantly @ 3.60$ predicting a big sell off (and it happened).

I'll try to stay awake for todays, if we break another ATH I'm swinging my whole stack. I'd be happier if this coasted around the 2$ mark for 10% positive rebases but apparently people keep buying in no matter what.

>> No.20269358

>>20269266
Agree!
Yet if one is not the best trader, this is a very good biz autism holding coin.

Ive made some theoretical trades like selling my whole stack before last rebase and buy Back after. I would have had a time window of around 2 hours to get in cheaper and enlarge my Stack even beyond the rebase

>> No.20269360

>>20268958
bruh if the price goes up after the rebase mini crash you're objectively making profits, as the mini crash % is equivalent to the % of new tokens you get

>> No.20269437

>>20269360
I know! as things are going this week, this stays true. I am in no way shitting on this project or the holders.
I just like to see beyond what's happening now, and since I've been fucked before by being too optimistic, I try to play it safe.
But all my respect to all who believe in a 10 or 100x with no "unwanted surprises".

>> No.20269737

When this collapses, will it pump bitcoin or dai more? Don't misunderstand, I hope you all do well out of this thing, but I'm most interested in what's going to happen when between 10s and 100s of MM gets dumped all at once - where is it going to go?

>> No.20269948
File: 40 KB, 252x279, Ampl rebase go brrr.gif [View same] [iqdb] [saucenao] [google]
20269948

https://etherscan.io/address/0x09d3cc6de89359a664a1371600f5030595e1686b

who of you faggots loads up this much? Show yourself

>> No.20270181

200 million MC within 2 days, can't stop won't stop

>> No.20270217

>>20269737
>buying bitcoin at 3$
> bitcoin now 50$
> "you just wait, the bitcoin scam will surely collapse"

yeah it will fall at some point, but we're still way below critical territory

>> No.20270265

>>20262525
Once people start realizing the geyser is a scam the rug will be pulled out from this bull run.
You are getting rekt by impermanent loss and you don't know it yet.
https://blog.bancor.network/beginners-guide-to-getting-rekt-by-impermanent-loss-7c9510cb2f22

>> No.20270342

>>20270265
Not really. Still incentive to provide liquidity in uniswap pool

>> No.20270356

>>20270265
as soon as that happens geyser becomes worth it retard

ngmi u dont understand game theory and incentives

>> No.20270384

>>20269948
mamma mia

>> No.20270387

>>20270265

I did pull out but I also realize it can only drop so low before it becomes profitable again. Also Geyser is more profitable once the price goes < $2 and becomes less volatile or gradually decreases slowly, which will eventually be the case.

>> No.20270396

>>20270265
Surprised it hasn't happened yet

>>20270342
The incentive doesn't outweigh getting massively diluted with each rebase

>> No.20270404

>>20270265
nah. you are losing out on pure ampl gains but you are building eth. In last 11 days I have 2.5x my eth stack in geyser.
this "eth floor" plus the guarantee to have ampl bonuses even if price dips negative is worth it.
Best allocation is to do some percentage in geyser some out.

>> No.20270415

>>20269146
You know Anon what to do!

>> No.20270453

>>20270404
Exactly its like these guys want to be all in ample forever.

The LP is only giving your impermanent loss if you dont hold til 1$, with volume it will all equal out.

Sure i'm missing out on some AMPL gains and rebase (which is why i'm not 100% all in geyser) and once ive gotten mystack to what I want then i'll put everything in geyser and reap the pool rewards incentives and the rebase.

When eth 2 drops i'll be glad I didn't hold only ampl

>> No.20270525

>>20270453
Why not make gains with AMPL now and buy ETH with it later

>> No.20270533
File: 205 KB, 472x472, file.png [View same] [iqdb] [saucenao] [google]
20270533

WE NEED MORE AMPLECHAD MEMES

>> No.20270544

where will it peak? i'm betting on 5$

>> No.20270550

>>20268423
>what is a rebaser

next

>> No.20270567

>>20263411
Do the rebase rates change? How is the rate decided?

>> No.20270568

>>20270544
Today we will literally get 20% rebase and the price will still not fall under 3$ after it... what a fucking rocket

>> No.20270597

>>20270567
(oracle rate - target price) * 10
so for today:
3-1=2 ---> 20% rebase

>> No.20270599

>>20270568
how do you know the price wont fall under 3?

>> No.20270614

>>20270599
nobody is selling right now, it makes no sense, price is not important, only % of supply matters

>> No.20270642

>>20270614
yeah not now, but tons of people do right before the rebase or right after.
Yesterday it went from 3.4 to 2.8.
I can almost guarantee something similar will happen today

>> No.20270678

>>20270642
but for most people this move is actually worse than just hodling because every time you sell off after the rebase the party just moves on without you and you have to pretty much pay 20% more to get in again, think about it

>> No.20270714

>>20270678
yeah the jury still out on that one...
I see your point, and I'm glad holding strategy is working right now for everyone.
I just dislike statements like "the price won't fall under 3"
You don't know. No one does

>> No.20270726

>>20270614
To me it looks like the shilling goes in waves. Educate people right before rebase so that they know the rebase drop is normal and don’t sell. Then shill it after rebase so no money comes in and pushes it back up. Then shill it all the next day to help it stay up at a nice price. The people who buy in that day are happy because they are up, and the people who have been in it longer and happy because their compounding gains are still crazy as hell.

>> No.20270738

>>20270714
you are too stupid for this token

>> No.20270744

>>20270726
Fuck me, new money comes in*

>> No.20270769

>>20270453
>When eth 2 drops i'll be glad I didn't hold only ampl
redpill me on eth staking is it actually going to be worth it or is it a moneyskelly meme

>> No.20270797

>>20270738
sure thing buddy. You want to back that up with some argument? I don't think I've ever said anything bad about the token, only that the holding of AMPL is great for now but won't be forever.

>> No.20270805

Which rank are you?
>>20270595

>> No.20270812

>>20270453
>impermanent loss if you dont hold til 1$
precisely. during run up funds flow is DRAWING DOWN ampl in LP and STACKING eth, during fall to $1 opposite dynamic will happen.

>once ive gotten mystack to what I want then i'll put everything in geyser and reap the pool rewards
yes may be tough to time it, but basically when we get below $1.5 I'm putting all in geyser as well. the real benefit of geyser if holding thru a <$1 scenario. Still getting positive AMPL daily even thru negative rebases is a multiplier effect once we get back to $1.

moreover all this misses out, what if ETH does a 15-20% run as well...then you've amplified your gains.

>> No.20270835

>>20270769
do you see how important tether is to trading? (ignore its merit/tech, just think of it as a concept)

ok, now given the flaws of tether do you see how a decentralized tether is the next logical step in advancement?

ok now given that do you know that such a solution(s) is most likely to be built atop ethereum (and many already have, mkr/dai, usdc to a slight degree, ampl)?

there you go. invest in the base.

>> No.20270852

>>20270797
to tell you the truth i dont even hold ampl and this thread is one of about 10 that i have opened and insulted somebody that looked like they were really invested in the conversation

>> No.20270855

So what’s the actual exit strategy for people holding in the wallet only? The goal will be to sell after a rebase but before the price starts heading back towards the $1 stability right? Any predictions on How long that will take to happen?

>> No.20270856

>>20270835
kek I guess going from 14 to 69 ETH was worth it then

>> No.20270859

I was thinking about selling OP. Maybe I'll hold some more then.

>> No.20270871
File: 41 KB, 736x414, 1513281235919.jpg [View same] [iqdb] [saucenao] [google]
20270871

>>20269018
It's value comes from traders wanting to buy. Now the reason why anyone would want to buy it is because it UNCORRELATED to the rest of the market. Why would you want to own uncorrelated assets? Figure that out by yourself.

>> No.20270912
File: 37 KB, 1039x664, we_beehive_now.png [View same] [iqdb] [saucenao] [google]
20270912

anyone have more info on the additional liquidity incentives to come? super bullish imo
>pic related

>> No.20270921

>>20270642
You do understand that the price lowers itself right after the rebase, do you?
As of last rebase we got 19,4%, the overall MC of the whole supply goes up 19,4%. OF COURSE the price per token goes down because the overall token supply went up 19,4% within a minute. So all in all you can say the price lowers itself for 19,4% within a minute. 3,4$ / 100*20 = 0,70$
So your "drop" from 3,4 to 2,8 was just the algo of the project.

But yes you are also right there was a little selloff after last rebase I watched it 2 hours on kucoin and uniswap. The lowest I saw was 2,60ish. But all this was bought up very very quickly.

So if one wanted to sell right before last rebase and wanted to rebuy after to get a bigger stack % of the total supply he would have a time-window of around 1 hour only.
If he missed that window and would have bought back he would end up with less supply.

>> No.20270938

>>20270856

start thinking in eth nodes. stacks of 32. good fucking work bro. protect your stack

>> No.20270943

>>20270852
I see...
Let me ask you something. When you go to the cinema and don't like the film, do you walk out or stay and yell "this film sucks!" for 2 hours straight ruining it for everyone?

If you don't like the project, or the opinions of people really invested in the conversation, then get the fuck out, find a project you do like, and start earning some money, or some knowledge, your time is valuable!

You do not want to succeed, you just want everyone else's life to be as miserable as yours (and I'm not talking in terms of money)

I wish you luck

>> No.20270958

>>20270855
> but before the price starts heading back towards the $1 stability right?
why? you hate money?
you will continue to earn positive rebases on anything about 1.05 - so at 1.25 you are still earning more ampl.

>> No.20270991

>>20270921
and when have I said you guys are wrong about this?? ffs. You need to take some reading comprehension courses.
Yes you are absolutely right, this you said applies right now, and probably for the next few days or couple weeks.
But it is not sustainable on the longer term. As another anon said, it'd be better for the price to be around 2 bucks and get 10% rebase, with less severe post rebase dumps.

I'm out. I might be too dumb for the token, a lot of you are too dumb to understand more than a paragraph of text

>> No.20270993

>>20270938
brainlet question but how hard will it be to run an ETH node? just have a VM on AWS or some shit?

>> No.20271017

>>20270855
The thing here is if you wait until it does approach $1 most people will see they are running out of steam and start to take profits at the high cap. I believe once we get kicked down and hold steady at $1.5 we will start to see sell offs. Yes there would still be some rebases but people will take the opportunity to sell some thinking the hype has died down.

>> No.20271042

>>20270993
not a brainlet question. I imagine early adopters will need some knowledge of VMs and such...but eventually there wi be both centralized and decentralized "one click" solutions

>> No.20271046

>>20270855
Depends on your tp. I'm personally riding this to 500M Mcap and then evaluate fron there.

>> No.20271076
File: 58 KB, 512x351, unnamed.png [View same] [iqdb] [saucenao] [google]
20271076

>>20271042
alright cool
i ran a harmony node on their pangea testnet for a while, wasn't too hard since it was literally copy and pasting a bunch of linux shell commands

gl frens

>> No.20271111

>>20271017
....and those that pull out of the geyser allow a smaller group of people to gain all the rewards.
I'm betting on and hoping once we get to .94 that 80% of tards pull out of geyser. me and the remaining 20% will be getting 5x the ampl. probably more than enough to make up for negative rebases all things considered.

>> No.20271144

>>20271111
listen to this anon he is smart, btw. what would your strategy be right now if you were a poorfag with only ~500 ampies like me

>> No.20271162

>>20270991
>But it is not sustainable on the longer term
Of course it is not. The high rebase only comes from the fact that this thing is blowing it self to a mc that it deserves.

Lets jump into the future:
its 2022, Ampl total supply is now 10 billion tokens worth 1,10$ per token.
Every anon ITT has either left biz cos he made it big time or got himself the rope. Either way most of the early investors that saw those unsustainable growth of this project have left and sold already.
Now ampl is somewhat a stablecoin. There is still a rebase each day because price is above 1,06$ but those rebases are only 0,3% or something.
Those people who will start useing/buying ample in 2022 will not buy into an "expanding young company with huge upside potential" but into a smart stablecoin.

In this scenario I pointed out everybody can make money buying ample in 2020 & even 2021, but the higher the mc the lower the returns. And finally in 2022 there wont be any returns to make anymore. From this point on ampl just grows together with the whole crypto market.

>> No.20271190

>>20271017
You are right! This will happen over and over again until it finds a somewhat stable mc.

>> No.20271210

>>20270943
yeah you have the wrong read. i like ampl and its commumity, i even like you. i just wanted to cause chaos and it cost about 5 seconds of my time.

>> No.20271255

>>20271144
honestly, I think best now is to hold outside geyser to pump up your holdings to maximum, then somewhere during fall...perhaps at $1.50 or so, do what you need to do (sell some for eth or whatever) and put in geyser and ride out until geyser rewards end.
The more time the project stays above $1 I think means less likely we experience a deflationary collapse. At .80 there will be enough people who made money on this to rebuy and rebound back to $1.

>> No.20271322

>>20271210
you have to be 18 to use this board.

>> No.20271332

>>20271322
Bro hes just trying to do some epic meme trolls on le 4chan, give him a break

>> No.20271333

>>20271162
I see it differently. post 2022 there won't be 50x gains anymore...but it will attract a wholly different class of investor. those with hundreds of millions would love to arb for .2% weekly gains (ie 10% per year).
at this point the masters of the universe money will cause it to stabilize around $1
doesn't mean that early adopters will "cash out" tho...because we will be using our stacks to loan out stablecoin for interest, providing LP, etc.

>> No.20271356

>at this level, supply quadruples in a week
This is going to drop off a cliff. Are you guys laddering stop losses in case the first few get missed?

>> No.20271373

tihs is reminescent of a pejjeet scam with all these coordinated posts.. i was going and close to buying this but I gotta pass and delcine

>> No.20271461
File: 3.89 MB, 241x328, 1578313365814.gif [View same] [iqdb] [saucenao] [google]
20271461

>>20271373
what is really astonishing is the fact that many people on biz are so close minded that they only see black and white.
If theres something they dont understand or refuse to understand defence mechanism hits in and they call people with a way higher IQ poojeeet.

Please dont buy in protect yourself from the evil India shill force.

>> No.20271505
File: 42 KB, 669x584, TotallyNotBuyingYourBags.jpg [View same] [iqdb] [saucenao] [google]
20271505

None of the shills addressed the fact that devs and VC jews own half of the supply bought with 10 millions dollars
None of the shills adressed pic related either.
It's BOMB all over again.

>> No.20271516

>>20271461
It’s been amazing to watch. Also I’ve already taken out initial plus 10% profit. Going to ride this to whatever happens. Already made better money than most stock people.

YET people here scream scam. It’s amazing.

>> No.20271557
File: 54 KB, 863x615, 23412341234.png [View same] [iqdb] [saucenao] [google]
20271557

>>20271505
>shows the 90 day chart
zoom out jamal

>> No.20271560

>>20271505
>1 post by this ID
Didn't you just post this too? >>20271373

>> No.20271584

>>20271461
>implyng a majority of altcoins aren't pajeets scam created to pump and dump and leave psuedointellectual holding ranjeet's bags
gee and you wonder why i'm skeptical for cuck's sake

>> No.20271597

>>20271373
I dunno anon, that's a lot of rupees to take over the number one pool on uniswap. Though I agree and am uncomfortable with the amount of shilling, even though I have done so myself a bit. But at the end of the day I've stacked 50 eth in the geyser and a couple thousand more link which is way more than my initial, so even if I am left holding the bag, I'll be ok... I won't though. I'm weary as fuck.

>> No.20271603

>>20271373
Considering you can’t spell we don’t really care desu. People are just excited that we’re getting a legit 20% return every fucking day so you have to understand the enthusiasm. We know this won’t last forever and feel incredibly fortunate to have stumbled upon this in its early stages

>> No.20271614

>>20271557
2020 isn't that shitty after all.

>> No.20271645

>>20271373
I feel you, but im still earning a lot and pulled out initials

>> No.20271660

>>20271516
Well its kind of normal. Disgusting gains are often missunderstood as a scam because it just can't happen.
Beside that I dont want to bait someone into this NOW, especially not all in. It can totally drop in price and even with high rebases you might lose money in the short term if you go ALL IN NOW.

Yet, why not just buy a little bag and test the waters? Build yourself an own opinion...
Well to each his own I guess

>> No.20271686

>>20271584
So every new coin is a scam?
How will you ever find the gem if theres one?

>> No.20271714
File: 28 KB, 661x541, 1591238054281.jpg [View same] [iqdb] [saucenao] [google]
20271714

>>20271603
THIS SO MUCH!

THANK YOU!!

>> No.20271732

>>20271603
>20% return every fucking day
You actually think this will last forever? Good fucking God you are denser than a coconut

>> No.20271781

>>20271686
To add something: I found ampl due to biz! I was sceptical because reasons...
Yet I checked it out, liked it, read all that was available. Bought a big bag.

When I fail it is always because it was my own fault. Im reading the same shitcoin baits on this site than all of you, yet I make up my mind for my own playz.

>> No.20271815

>>20271603
>We know this won’t last forever
>>20271732
>You actually think this will last forever?

>> No.20271836

>>20271557
Why do you lie? That's the post IEO pump.
Not the fundraising that happened a year prior.

>> No.20271857

>>20270852
I like the honesty. I like you even though I dont like the bs you spout.

>> No.20271961

>>20270912
>>20270912
I was just about to pull out of the geyser.
Now, I have to wait and see what "Geyser Stage 1" means.

>> No.20271983

>>20271557
so why did this take off now? Why not gaining before?

>> No.20272153

>>20271983
The whole of 2019 as well as the first half of 2020 wasnt really in the favor of crypto it was still mainly a bear market without people touching something new. Just look on biz in this time there wasnt too much traffic for new projects.
Further the start of the geyser with the filling of uni LP fired this run up.

What is really intersting on the ampl chart is: Check out the corona crash in march. There are still many shitcoins that yet didnt fully recover. But look on the ampl chart how it recovered in days.

>> No.20272154

>>20271961
It's killing me. It's either a carrot on a stick to make it easier for the whales to dump, or maybe they noticed the price pumping too quickly and want to mitigate impermanent loss.
I'm either gonna realise about 50k profit and then become rich beyond my wildest dreams or take my 50k and then get stuck with a bag of broken dreams. Either way it's win/win.
What a fuckin ride.

>> No.20272180

>>20271732
Are you fucking retarded anon? I clearly stated that we know it won’t last forever, we’re just enjoying it in the meantime

>> No.20272212

>>20272154
>maybe they noticed the price pumping too quickly and want to mitigate impermanent loss
i really fucking need this

>> No.20272214

>>20272180
so you want me to invest in something that will temporarily be good? You are realizing how dumb that sounds, right?

>> No.20272231

>>20272214
Nothing lasts forever dude. Why are you even here.

>> No.20272248

>>20272214
you have to be 18 to post here faggot. Your $350 gift from grandma for your birthday dont mean shit anyways, fuck off.

>> No.20272258

>>20272214
Haha you really shouldn't be in crypto man

>> No.20272263

>>20262525
How is this not going to crash? I bought 250 AMPL and now I'm up to 2,000 AMPL at $3, literally printing money out of thin air. Dumped it all - thanks for the free $5k.

>> No.20272307

>>20272248
>Your $350 gift from grandma for your birthday
Anon you got this much from your grandma? I never got more than 100$. I still love her money is not everything.

>> No.20272385

>>20272214
>why invest in stocks, they’re just temporarily good
>why buy bitcoin in 2010, it’s just temporarily good

How fucking stupid are you? You think everyone has a magic crystal ball that tells us every investment will be fruitful for the rest of our lives? If you knew something was at least going to be good in the short term and could make a lot of money, why would you not invest in it?Why are you even here? Are you actually retarded?

>> No.20272574

>>20272154
I think the AMPL developers are possibly worried about liquidity issues.
I'm not the only person thinking about pulling out of the geyser and just holding the token.
^
This could be a major problem where everyone ends up losing.

>> No.20272608

FYI. First time in history oracle rate is over 3 bucks. Rebase will be insane tonight.

>> No.20272663

>>20272263
Basically, you regret selling? Don't look at the price/Mcap next year. Take your 5k and live your life to the absolute fullest

>> No.20272713

Why is this better than an actual stable coin

>> No.20272749

So should I get in before or after tonight's rebase?

>> No.20272795

>>20272749
get in after, because otherwise you will get free coins.

>> No.20272801

>>20272608
im gonna cooooooooooooooooooooom

>> No.20272815

>>20269146
geyser sucks

>> No.20272837

>>20272713
Because with a stable coin you need real cash. That’s very limited. This is more like the FED compared to a gold backed US dollar. But In this scenario we become the bankers.

>> No.20272933

>>20272574
Why would there be liquidity issues? Isn’t it a predetermined amount generated and distributed based on percentage of deposits?

>> No.20272980

Oh because people are shying away from providing liquidity due to the insane recent growth And don’t want to deal with the impermanent loss. I see. Sorry for previous post.

>> No.20272994

>>20272837
Is it super fast and low fee to trade with? Will it remain so?

>> No.20273073

>>20272608

How is this market cycle going to play out? Will people continue to take profits causing mini dips after every rebase? As long as people don’t get spooked and just hodl this could be an absolutely insane run.

>> No.20273089

>>20272980
>Impermanent loss
I'd be more worried about permanent loss if I had money in ampl tbqh

>> No.20273111

>>20273073
The rebase is causing the "dip" you see just because of the way Uniswap pools work. It changes the 50/50 balance, so that reflects on price.

It all depends on what people do post rebase. If there's more waiting to sell compared to people wanting to buy the 'dip', it is beneficial to swing trade before the rebase to get in cheaper after. You need to predict when it happens though, so it's really gambling. Yesterday, price was below break-even for about 2 hours. Today, we don't know.

>> No.20273112

Anyone know rebase percent? Got to be over 20 percent right now.

>> No.20273204

>>20272980
Exactly.
The AMPL team needs to solve this issue pronto or I'm pulling out of the geyser (obviously others too), hence "Pilot was just the beginning—Geyser Stage 1 (Beehive) will start soon"
(https://www.ampleforth.org/geyser/))

We will see.
Incentives matter.

>> No.20273495

>>20273111

There’s the dip from the rebase but also a sell off from people taking profits or afraid the whole thing is going to dump as well. People hedging that the market has found its max and will start to move downwards with big sell offs. Ultimately I think people selling and taking profits after a rebase is a good thing. Otherwise we end up without any corrections, and the build up creates a pressure cooker of uncertainty. Rising and falling is more stability

>> No.20273510

>>20273204
i've said this in the other thread but if there's a run on the LP due to the imbalance this could easily cause things to tank

>> No.20273616

Sorry, if I put $ in my wallet, I like to know that same amount of $ will be there tomorrow. I'm pretty sure most would agree with me on this. This project, while admittedly cool, is a gimmick that won't be accepted. If you don't see that, you really shouldn't be investing in crypto. Anyone buying right now is an idiot. There are better ways to peg a currency that doesn't involve fluctuating supply right out of user's wallets (e.g. RSR arbing).

>> No.20273654

>>20273616
Pride is a dangerous thing. You have a lot of it.

>> No.20273738

>>20273616
>Sorry, if I put $ in my wallet, I like to know that same amount of $ will be there tomorrow.
Soooo.... Fiat? What an absolutely retarded statement. Figures coming from an rsr shill, though.

>> No.20273755

>>20273204
bancor

>> No.20273844

>>20262525
What happens if you hold on Kucoin? do you still get the increased supply ?

>> No.20273864

>>20273844
i personally dont hold on kucoin (because my 2fa doesnt work anymore wtf), but yes, the ampleforth team said it works on kucoin.

>> No.20273866
File: 592 KB, 890x905, file.png [View same] [iqdb] [saucenao] [google]
20273866

Who else is AMPED for tonights Rebase?

>> No.20273888
File: 102 KB, 1280x720, Download.jpg [View same] [iqdb] [saucenao] [google]
20273888

>>20273866
amp eet

>> No.20273930

>>20273844
yes it works on Kucoin. I bought a small bag there to test it. I got rebased from 5 ampl to 5,83 ampl last rebase.

>> No.20273940
File: 436 KB, 1000x318, ampl.png [View same] [iqdb] [saucenao] [google]
20273940

>>20272795
Absolutely reBased

>> No.20273964

>>20273616
no ur a idiot

>> No.20273970

Still only 3,650 holders. We are insanely early.

>> No.20273985

>>20273112
Should be 23%, maybe 24% after the Oracle updates around 9:30est

>> No.20274098

>>20273616
I bet if your Bitcoin holdings went down in value you'd ask to speak to Satoshi personally lmao you idiot

>> No.20274106

>>20263411
This is only the case when price remains consistent.

>> No.20274115

>>20273970
or insanely dumb i'm not sure yet but still all in

>> No.20274171
File: 72 KB, 827x595, 1586851128861.jpg [View same] [iqdb] [saucenao] [google]
20274171

>>20273970
crazy fact. Fomo hasn't started lol

>> No.20274237

>>20274171
Yep. 5 dollars is possible IMO

>> No.20274330

>>20273204
the geyser is there for a reason, build up the multiplier and then you're laughing man.

long term HOLD.

>> No.20274371

buy more now or wait for a dip? I mean there is always a retracement...question is only when?

>> No.20274390

>entire premise is that price (/%MC) becomes stable with higher MC
>BTC MC is ~170B and its price is still not stable
So, you're telling me that eventually this will be more stable (/%MC) simply because people will 'want' it to be? You're shilling me a stable coin without any stability mechanism? Personally, I'm not all in.

>> No.20274393

>>20274371

buy some for re-base maybe as it may hold current price or rise which i think it will and then more after the dip?

>> No.20274463

>>20274393

price dumped 20% after rebase last night

>> No.20274564
File: 1.25 MB, 1280x720, shy.png [View same] [iqdb] [saucenao] [google]
20274564

Whats with the beehive? What is it and how does it differ from pilot?

>> No.20274664

Idiots always sell after the rebase then it goes right back up. Its the best time to buy

>> No.20274721

>>20274390
This answers all your questions
https://www.ampleforth.org/redbook/

>> No.20274752

>>20274664
Lol, traders think they can outsmart the most powerful force in the universe; compounding interest

>> No.20274856

this is something everyone should have a small bag of, it can easily 10x (EASILY)

>> No.20274858

>>20274463
Price dumped by the same percentage as the rebase, what a coincidence

>> No.20274909

>>20274752
that was kinda cringey

>> No.20274929

>>20274721
>bumf
Thanks but no thanks. I think it's an interesting experiment but I don't think it's going to work. It'd work better if some sort of decentralised machine learning punished holders for volatility. Arbitrary algos are too easy to game. Nevertheless, I hope you all have fun, and obviously I wish I'd have brought some of this about a week ago...

>> No.20274935

x10 easy

>> No.20275071

>>20274564
10x rewards

>> No.20275112

>>20274564
its live now, already deposits starting, any infos out there?

>> No.20275132
File: 97 KB, 1080x583, Screenshot_20200712-011415.jpg [View same] [iqdb] [saucenao] [google]
20275132

>>20274564
holy fuck
it's literally thanos
with 10 million dollars spending cash
it uses liquidity to buy ampl when it goes under negative rebase so the supply becomes more stable in the early phase and doesn't cause the project to go to 0 from panic selling
+ better rewards so people are incentivized to keep the project healthy

fuck finally I can sleep without looking at my rebase, europoor feels

>> No.20275147

>>20274929
haha if you buy a bag, even a small one you're looking at big returns. deep dive into it dyor

>> No.20275179

>>20273204
Ampleforth Geyser devs have delivered a fix for the geyser incentive issue that I laid out above (i.e. why not just hold the token?).
I have migrated to beehive v1.0. If you have assets in the geyser the you should move as well as soon as possible:
https://www.ampleforth.org/geyser/

>> No.20275208
File: 928 KB, 564x1116, image:250077.png [View same] [iqdb] [saucenao] [google]
20275208

>>20275132
Jesus fucking christ, I fomoed a small portion of my amples into the LP and deposited that into beehive more as a derisking, but this is super neat, might just have to add more into LP..

>> No.20275326
File: 8 KB, 205x245, B YOURSELF.png [View same] [iqdb] [saucenao] [google]
20275326

>>20275132
>>20275179
>>20275208
JUST BEE YOURSELF

>> No.20275382

Just added to beehive.

>> No.20275389
File: 152 KB, 2000x1333, froggy.jpg [View same] [iqdb] [saucenao] [google]
20275389

>>20275326
I need a CRYPTOFROG crypto-tainment video on the Beehive right now

>> No.20275414

>>20275389
>wanting YT normie tier shillie
tl;dr eases the pain of getting fucked by impermanent loss
no brainer to switch from geyser -> beehive

>> No.20275536

>>20275389
haha i love crypto frog

anyone have any predictions? do you think this could get a billion mcap?

I don't think it'll stop any time soon man a 10x atleastttttt

>> No.20275539

>>20275414
Cryptofrog has done his job, we are the chosen people

>> No.20275581

New thread:
>>20275570
>>20275570
>>20275570
>>20275570
>>20275570

>> No.20275583
File: 247 KB, 446x353, firefox_8Gy7NoS1sZ.png [View same] [iqdb] [saucenao] [google]
20275583

You are telling me your stack increases 10%+ DAILY and price also keeps increasing? By staking this with a bee you additionaly get royalities? Come on guys pick one.

>> No.20275643

>>20275414
I like his style man. Its the only crypto tuber I follow.
I know its a nobrainer but I never used the geyser was just holding for the last 5 days. Now Im wondering to join in.

>> No.20275664

>>20275643
speaking as someone who was in the geyser from day 4 be very VERY careful about becoming a LP if you want to maintain your % hold

>> No.20275663

>>20275536
1b is sure in but Im not so sure about it getting to 1b+ without any retrace. It is possible tho. Hell Im so conditioned from 3 years bear market

>> No.20275766

we beehive now

>> No.20275791

>>20275389
EZmn

>> No.20275984

>>20275663
if you buy after rebase, which usually is a 20% price drop atleast and hold until rebase you are getting a massive profit no? it seems so worth it to buy

>> No.20276120

>>20264384
>>20264486

Your a Nazi. Someone call Antifa. They will bash you and scream bash as fash as they beat you.

>> No.20276145

>>20275664

stay tuned for beehive