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File: 13 KB, 289x588, amplup.png [View same] [iqdb] [saucenao] [google]
20693179 No.20693179 [Reply] [Original]

Are you aware of the concept of antifragility? Do you believe an economic singularity is possible with the right financial tech?

AMPL has passed 600m MC, is in the top 20-30 market caps after a little more than three weeks, and we all know a billion is just around the corner.

Who's getting rebased?

>> No.20693206

>>20693179
AMPL has now a 1.28B marketcap.
Coingecko is wrong, check out the dashboard.

>> No.20693210
File: 129 KB, 1440x2960, Screenshot_20200725-210810.png [View same] [iqdb] [saucenao] [google]
20693210

>>20693179
I'm up 30k in a week so I can't be mad, this shit is actually retarded we're already at another ATH.

>> No.20693233

So... I put in money, it goes down, but then a few days later, it goes up?

Damn. Dumping 30 ETH.

>> No.20693635

>>20693206
No.
Let me help you out.
There is a major difference between:
Circulating supply
Total supply
Google it.

>> No.20693661

>>20693635
Thanks senpai that was confusing me too

>> No.20693712

>Whale trying to spook newcomers and glass hands

>> No.20693724

>>20693179
please say more

>> No.20693737

HAVE TO WAIT FOR KUCOIN ID VERIFICATION REEEEEEEEEE I DONT WANNA MISS OUT
IS 3 DAYS GOING TO BE TO LONG TO WAIT?

>> No.20693753

>>20693737
just buy on uniswap. fuck kyc

>> No.20693782

>>20693737
That'll be ages in AMPL time. If there was a dump coming then you would've been fine but the dump just happened the other day so the next dump is probably in 5 days. That means only 2 days of gains at the end of the cycle.

>> No.20693786

>>20693737
yes

>> No.20693863

>>20693737

I bought in 3 days ago. In another 3 days, (when you buy in) I'll have doubled my amount of ampl for free.

You'll be late, but I'm sure there will be a few slices of pizza left.... maybe half a 2 liter of diet soda as well.

>> No.20693881

>>20693179
Hello Nassim

>> No.20693908

>>20693724

Consider this....

This token has about 13000 wallets holding right now. It’s tripled its market cap in about a week. It’s in the top 30 currently. Consider what happens with a couple of well timed exchange listings. Consider what happens when Norman’s wake up to a top 20 or top 10 token that came out of nowhere and gives them what seems to be a consisten 10% ROI nightly like a hit of crack. Post volatility phase this will collateralize crypto as a semi-stablecoin (Comp and Lend integration?)

The tipping point is right around the corner. OG’s recognize those as a market changer.

>> No.20693922

>>20693881

Da fuq is that?

>> No.20693936

>>20693737
No.
>>20693863
Lol.
A few slices.
Sarcasm?
Whatever.
less than 14k market participants not counting LP.
Less than 14k market participants in the world minus LP...

>> No.20693939

>>20693737
>still buying shit on kuckoin and CEXs
kek ngmi

>> No.20693951

Can someone explain to me how rebase works? By that I mean, where do the new coin come from, and where do the coin go in case of a negative rebase? What makes it possible for them to "take coins out of my wallet" without any form of approval from me? Is it just like, written into the coin itself?

>> No.20693966
File: 48 KB, 600x600, dynamic-hedging.jpg [View same] [iqdb] [saucenao] [google]
20693966

>>20693922

>> No.20693970

>>20693737

Fuck Kucoin. Buy on Uniswap, why use defi on a centralized exchange. I had to wait 3 days for verification on 6k I would’ve dumped into AMPL early July because I forgot my trading password. Never using Kucoin again, not putting any of my crypto on a CEX unless I absolutely have to.

>> No.20693973

>>20693922
Read more. Get richer.
Nassim Taleb.
Antifragile.
The Black Swan.
I have now made this thread: gold.

>> No.20693981

>>20693970
based. Fuck CEXs. Their days are nearly over.

>> No.20693984

>>20693951

It’s in the smart contract. It’s what makes the token unique... an elastic supply protocol

>> No.20694003

>>20693973

Oh thanks, yeah was referencing those concepts but haven’t read the books.

>> No.20694010

>>20693908
ah yes, yes, yes thats the stuff oh baby oh god so nice i love it

>> No.20694022

>>20693908
can i get another hit?

>> No.20694032

>>20693984
This doesn't answer my question senpai. Are the coins self created inside the wallet by the other coins, or is there some kind of central wallet that scans other wallets, and send coins to them after rebase?

>> No.20694044

>>20693970
Based fuck CEX

>> No.20694065

>>20694032
no transfers happen or airdrops. they expand on-chain with the code - not sure how exactly but no transfer happens

>> No.20694095

>>20693908
ahhhhhhh yeah that's the good stuff

>> No.20694106

>>20694065
>no transfer happens
okok, I was indeed wondering how it was happening because I don't see any transfers in my wallet

>> No.20694154

Biz i need advice. Thinking of selling off my all of my alts except link and putting it into ample. This would total about 50k. Should i do it? Can this pull off another 10x or am I just delusional?

>> No.20694162

>>20693951
It's the same as a stock split (positive rebase).
Or:
A reverse stock split (negative rebase).
It happens every day with AMPL.
Your market cap % remains the same.
Taxes. Remember...
Ref:
How many times has Apple's stock split? Apple's stock has split four times since the company went public. The stock split on a 7-for-1 basis on June 9, 2014 and split on a 2-for-1 basis on February 28, 2005, June 21, 2000, and June 16, 1987.

>> No.20694169

>>20693951

Did you ever bother to ask the federal reserve this question about the fiat stuff we've been forced to use?

>> No.20694205

>>20694169
1) Make money
2) Understand US tax law
3): >>20694162
I'm out.

>> No.20694226

>>20693179
help me out here. this shitcoin is currently -50% its ath. what the fuck are you retards talking about?

>> No.20694263

>>20694226

hahahahahaha

>> No.20694288

>>20693908
>top 20 or top 10 token that came out of nowhere and gives them what seems to be a consisten 10% ROI nightly
They won't know this just by looking at the top 20 since they only check price and % gain.

>> No.20694294

Here’s an honest question. Am I too late? And how much of my 3,000 LINK do I dare sell for AMPL this close to big announcements?

>> No.20694307

>>20694294
selling link for anything is a dangerous game, anon

>> No.20694309

>>20694226

Because it’s a new paradigm. Not measured in price, but market cap. The supply is dynamic always keeping the price close to its target (One 2019 USD) so it’s been silently mooning for 3 weeks straight but people don’t know how to get a read on it. I put in 14k on July 7th that is currently as of this moment worth 170k

>> No.20694313

>>20694154
Very risky but high risk is high reward. If it succeeds then you will be rewarded greatly.

>> No.20694327

>>20694226
$1 EOY is FUD

>> No.20694338

>>20694294
I have a position on link as well as AMPL. Watch the market for AMPL today and judge it by MCAP growth, if it fails to break 600-650m resistance I'd say hold off until it dips.

>> No.20694383
File: 45 KB, 443x700, Rebase.jpg [View same] [iqdb] [saucenao] [google]
20694383

I pulled out 350 eth before the last rebase, that was 60% of my stack. Cant complain, put in 17k$ 18 days ago and now my full stack was worth around 210k$.
Yet this thing goes on and on without breaks. Ill let the rest ride and see what happens.
Godspeed to my biz frens!

>> No.20694389

>>20694309
god i wish that was me

>> No.20694439

>>20693737
uhhhh you dont need identification on kucoin?

>> No.20694440

>>20694309
You keeping your whole stack anon? Not selling anything soon? You are iron man

>> No.20694474

>>20694309
how do you calculate that? Your AMPL supply just increases each rebase? Am autistic plz respond

>> No.20694484

>>20694474
yeah but price goes down so it evens out

>> No.20694521

>>20694474
His ampl stack increased through the rebase. Read it up... it was explained 100s of times already here. So in my example here >>20694383
I bought around 9500 ampl for 17k$. Price was around 2$
I have now 80.000 ampl worth 210k. Price now is around 2.40.

>> No.20694550

>>20694484
That's only post rebase. It goes back up after. Also this doesn't matter once you break even on your initial. Every rebase is a profit at that point with a sell target of $1.

>> No.20694597

>>20694440

Iron or just plain stupid, we’ll see. Greed prevents me from taking profits this early, I don’t want to lose out on any of my rebase. I’ll probably take out my initial in about a week, when it’s a tiny percentage of my stack

>> No.20694611

>>20694597
Godspeed to your run to the top anon!

>> No.20694614

>>20694474

Yes, every rebase you get more AMPL. I calculate it by looking in my MetaMask and seeing how much I have. Every night the number goes up. Currently 68948 AMPL. After tomorrow’s rebase I’ll probably have over 75000

>> No.20694624

>>20694439
this

>> No.20694717

so how does this make you rich if it’s a stablecoin pegged to USD, and all of the crypto space is anticipating the dollar to go to shit?

>> No.20694784

>>20694614
ok so i wait until the rebase to buy, then next rebase I get airdropped a shit ton of AMPL, hold until next rebase and then sell before the next rebase? then buy again at the next rebase and repeat? how do you know when the rebases happen?

>> No.20694793

>>20693179
Someone please spoonfeed a brainlet on ampleforth? I don't understand what it does

>> No.20694883

>mfw normies FOMO at 1bn mcap and pump our bags to $10

>> No.20694952

>>20694793
heres the fastest run-down i can give you as to why its not a ponzi

if a massive crypto bull run happens, and whales want to swap into a stablecoin like USDC, DAI, USDT, BUSD, etc. There simply isn't enough liquidity to do so.
the whales will fuck the peg from $1, if they are swapping tens or hundreds of millions, or even billions.

ampleforth can theoretically solve this problem with an elastic supply, allowing the marketcap to inflate to meet the demands and needs of the market as a whole.
if ampleforth hits $10B+ marketcap, it can absorb any shock to the value of AMPL infinitely better than USDC or DAI, because of the rebase mechanism.

>> No.20694969

>>20694717
it uses 2019 dollar price for reference ... thas it reAD THE REDBOOK MAN

>> No.20694984

>>20694952
ok now how does this make me money?

>> No.20694995

>>20694717

Not a stablecoin and not pegged to the USD. It has a target price of one 2019 USD, that’s where the smart contract wants it to sit, but it can go above or below this amount based on buying or selling pressure. If there’s lots of buying pressure and the price goes above the target you get what’s called a rebase, which adjusts the circulating supply to try and bring the price back down closer to the target price. So you end up with more AMPL in your wallet as a result of the rebase. Ampleforth currently has an incentive program for whales to provide liquidity and earn insane rewards by staking their ETH and AMPL in something called the geyser. Every day that the geyser has been in reflect the price has been above target, resulting in rebases that add more AMPL. But you don’t watch the price on this, cause it’s always shifting based on buying and selling pressure and an adjustable circulating supply. You watch the market cap. I bought in around 65 mil market cap, now it’s around 600 mil so I’ve done a 10x

Every night I get more and more AMPL. Eventually the price is expected to stabilize, but I hope by that time I will have millions of AMPL from rebases every night.

>> No.20695010

>>20694984
>what is liquidity farming
>what is 600m mcap to 1bn to 10bn market cap

You're very very very very stupid.

>> No.20695012

>>20694984
If you buy AMPL right now at a $500m marketcap, and in 1 month it has a $10B marketcap, you now have 20x your money.
if AMPL becomes the go-to reserve for all of crypto, because of its elastic supply and insane liquidity,and it hits 100B+ marketcap, you do the math.

>> No.20695018

>>20694984

It makes money through holding and collecting rebases. Swing trading is notoriously difficult and discouraged unless you’re very skilled. You can learn more about this in the Ampleforth redbook.

>> No.20695075

>>20695018
fuck i want to swing 2.60 so bad.
theres almost no way it doesn't touch 2.20s before tomorrows rebase, right bros?

>> No.20695093

>>20695075
We're on an upward trend all day, we lost 60m in post rebase dumps and are almost back to ATH.

>> No.20695130

>>20695093
we are all just praying that the whales want more. i see no reason for them to stop now. the longer the show goes on, the better for AMPL because a higher marketcap means it acts as a better stablecoin

if whales are smart, they will force this train to go on until multi-billion marketcap, and then AMPL can actually function the way it was intended to function.
i feel so blessed to have the opportunity to ride in the trunk of the whale money making bus

>> No.20695141

>>20695075
i don't know that pre-rebase retards were literally fomoing/foaming at the mouth, and now the yfi tards will come to ampl and provide even more liquidity, and two big whales have already doomped it today and it's back up

btw how does uniswap liquidity provision deal with ample? does it use price or market cap for the ETH/AMPL split reassignment? if it uses price only, shouldn't depositing now at such high AMPL prices give you the opportunity to provide liquidity with very high (desirable) AMPL exposition since it's guaranteed to more than halve?

>> No.20695164

>>20695093
also, new wallet creation has been mostly linear over the last week but has gone parabolic in the last few hours

>> No.20695213
File: 8 KB, 502x150, gonnaberich.png [View same] [iqdb] [saucenao] [google]
20695213

Baby numbers but it's all I can do right now. I'm HOLDING

>> No.20695235

>>20693210
You don’t actually have that money until you swap it to a stablecoin or top 3.
I learnt it the hard way a few years ago.
Ampl looks like it’s gonna be a race to the bottom soon.

>> No.20695251

>>20695130
Whales aren't really buying the dumps, if you look at the tick marks for buys it's almost all smaller purchases. If whales dump I firmly believe sharks will feast on their remains.

>> No.20695258

>>20695130
the whales are sitting on the future tether and are earning their stake to do nothing except dump every few days to earn eth for their liquidity pool stack. there is no reason for them to dump besides that.

>> No.20695269
File: 569 KB, 1440x2960, Screenshot_20200725-234410.png [View same] [iqdb] [saucenao] [google]
20695269

>>20695235
I've been watching people cash out all day, that's how I know you're a fucking retard.

>> No.20695273
File: 319 KB, 1704x957, animal_tier.jpg [View same] [iqdb] [saucenao] [google]
20695273

AMPL ANIMAL RANKING TIER [% OF MARKET CAP]
--------------------------------------------------
0.1% - APEX AMPLER - THE HUMPBACK HONCHO
0.075% - SACRED SALTWATER CROC
0.05% - OTHERWORLDLY ORCA
0.03% - SHAKESPEREAN SILVERBACK GORILLA
0.02% - WISE WHITE TIGER
0.01% - RABID RHINOCEROS
0.0075% - HUMBLE HAMMERHEAD
0.005% - WORTHY WOLF
0.003% - BRAWNY BARRACUDA
0.002% - BASHFUL BARN OWL
0.001% - AMAZIN' ANACONDA
0.00075% - WICKED WOLVERINE
0.0005% - MIGHTY MUSKRAT
0.00025% - KEEN CHAMELEON
0.0001% - GREEDY GRASSHOPPER
0.00005% - AMPLE ANT
0.00001% - FUNKY PHYTOPLANKTON

Your % = [Your AMPLs] / [Cicrculating Supply]

>> No.20695292

>>20694439
I think the burgers do. I had no problem depositing $30k and withdrawing it.
Sometimes it does take a few hours more than 12/12 confirmations, but that’s it.

>> No.20695336

>>20695269
At least look at the context to who I replied to.
And are you really painting cashing out as bullish picture for this coin which relies on the network effect?

>> No.20695392

>>20695336
Giving people the ability to cash out is the entire purpose of AMPL taking off in the grand scheme of things. If it can't provide that's it's already dead.

>> No.20695408

ponzi

>> No.20695433
File: 18 KB, 310x310, 242389432.jpg [View same] [iqdb] [saucenao] [google]
20695433

>>20695336
>look at the context of who i replied to
>literally replied to the guy who is replying to him

>are you painting cashing out as bullish for AMPL
>the entire purpose - the entire reason for AMPLs existence, is to allow people a means to swap to a stablecoin with infinite marketcap and liquidity, aka proceed to cash-out

yeah, im thinking youre retarded

>> No.20695492

>>20693179
This pajeet coin is a waste of time and if any of you fags had a clue as to what you are doing, you simply would have bought ETH during the March Corona slump and have made it already (unless you're super poorfag wagies and just need to kys)

>> No.20695538

>>20695492

What are you even talking about Sandeep? This has made me 30x profit you drooling moron.

>> No.20695546

>>20695492
This is what butthurt looks like.

KEK

>> No.20695547

>>20695273
so i have 306 AMPL / 204,562,221 = .0.0000014958773 * 100 = 0.000149%

So then if it goes to 1billion mcap do it times that by 1 billion

>> No.20695568
File: 120 KB, 668x897, NOTAFUCKINGPONZIRETARD.jpg [View same] [iqdb] [saucenao] [google]
20695568

>>20695408

no

>> No.20695584
File: 789 KB, 750x902, 1586739249114.jpg [View same] [iqdb] [saucenao] [google]
20695584

>>20693908
Damn anon take it easy I can only get so hard

>> No.20695594

>>20693179
this is bitconnect in another form. literally no usecase..just shopisticaed ponzi scam to pool low iq's. stay away

>> No.20695621

>>20694154
Go for it. AMPL hasn't even been listed on major exchanges yet. It's jumped from a top 80 coin to top 30 in less than a month. It will be top 10 by the end of August.

>> No.20695631

BPMPD only accepts strict MPS and QPS format. In all formats except
AMPL names must thus not have more than 8 characters. The following
happens with files submitted to NEOS-BPMPD:

AMPL input: files are passed to the BPMPD with AMPL interface unchanged
LP input: files are converted to MPS with lp2mps
MPS input: files are passed to BPMPD unchanged; they need to be in
strict format
QPS input: files are passed to BPMPD unchanged; they need to be in
strict format

TVT: google tvt.IO

>> No.20695637

>>20695594

just because you don't understand its usecase doesn't mean it doesn't have one jizz-for-brains

>> No.20695643

>>20695568
Saved

>> No.20695689
File: 212 KB, 1024x857, 1572914738079.jpg [View same] [iqdb] [saucenao] [google]
20695689

>>20695130
>whales
>smart
Pick one. AMPL can easily hit 10+ billion market cap once its listed on the major exchanges. The best part is that it will never price normies out of buying and the rebases are too attractive to ignore. I honestly think AMPL can one day surpass the boomer coin, BTC.

>> No.20695734

>>20693737
it's 2020 you dumb goy. no one uses centralized echanges anymore

>> No.20695748

BERNIE MADOFF

>> No.20695753

ISLA is next. Don't be a faggot and miss out.

>> No.20695759

>>20693210
Take your initial investment out before you lose it all.

>> No.20695772

>>20695759
Nah bro he needs to max out those dank rebases

>> No.20695794

>>20695759
Stability would be good for him anyways he’d keep all profits doesn’t matter

>> No.20695804

>>20695759
yes. anon who made $30k: please take advice from this random anon with no reasoning whatsoever

>> No.20695821

I'm starting to think it will be the opposite of a stablecoin, even at ridiculously high market caps. A game. An endless volatile decentralized on-chain gambling rollercoaster around the rebase mechanic with quick cycles and swings. Ungoverned. Massive liquidity, probably the first liquidity black hole. Kek

>> No.20695827

>>20695804
ponzi scheme enabler pls go

>> No.20695841

If I buy this using a trezor how do I get the rebase coins every day? Will it automatically appear in my wallet?

>> No.20695855
File: 59 KB, 640x480, Ed0P84RXYAMgLw6.jfif.jpg [View same] [iqdb] [saucenao] [google]
20695855

When AMPL skyrockets further Insula will be where AMPL is now. In a few weeks you're going to see a ton of people talking about it and they'll either be pissed that they missed yet another coin or ecstatic that they finally caught one.

>> No.20695868

>>20695821
At a 10+ billion market cap it would require incredibly massive whales working in unison in order to pump or dump AMPL outside of the $0.96/$1.06 range.

>> No.20695881

>>20695868
Isn't like 90% of the supply owned by founders? Meaning 10% of the supply controls 100% of the market cap. That's pretty bullish in terms of pump ability

>> No.20695888

>>20693179
This would be amazing if it hits top 3 mc I’m all in boys my entire savings fuck it I have a job I’ll recoup the money in a few months

>> No.20695892

>>20693908
stop I can only get so erect

>> No.20695912

Just lol that ampl can only function as a stablecoin at all with a huge marketcap. It will only work if we believe in it. The power of positive thought

Personally I just bought 5k of them

>> No.20695928

>>20695888
checked holy shit

>> No.20695939

Just dropped 1k into this. How does this debasing work?
I wanna get a 32eth stack for staking

>> No.20695995

>>20695912
>it will only work if we believe in it
Isn't that the case with all currencies though? At least with AMPL it will save us from the kikes

>> No.20696017

>>20695881
Yeah. We're prepping the bull right now. We'll release it once AMPL gets listed on the major exchanges

>> No.20696026

>>20695995
i will free us from the kikes anon. me

>> No.20696049
File: 51 KB, 1080x720, download.jpg [View same] [iqdb] [saucenao] [google]
20696049

>>20695273
.0003377945
KEEN CHAMELEON

>> No.20696052

So if you buy with a hardware wallet, how do you get the rebases?

>> No.20696055

>hit coinbase debit card limit
>used daily wyre transfer
>bank is rejecting coinswitch even though I called earlier and had them remove the block, the block is still there
>only 287 AMPL
mc please don't go up until the morning

>> No.20696069

>>20695939
10-15% rebased in tokens so basically your 1K will double in 10days tomorrow at 7 you’ll have an extra 100$ check tour wallet and get that sweet morphine drip

>> No.20696161

>>20696069
Assuming it stays above $1. If it goes below your coins start evaporating.

>> No.20696750

Is pooling my eth/ampl the same as putting it in the geyser? I can't seem to connect to the geyser. Also do I need to pool in order to get the rebase rewards? I'm a newbie thanks

>> No.20696880

>>20695568
So now they have you passing around an info sheet to keep your pea brain believing? You fucking moron, the definition of a ponzi is a financial scheme that depends on new money to pay for earlier investors. None of those "warning signs" are essential.

Speaking of missing the point, you don't seem to understand what the purpose of a stablecoin is. It is to protect your capital - not to lose or gain - and this is not how AMPL works. When people sell and market cap shrinks, you lose capital!

>> No.20696916

>>20695868
You moron, BTC is still a volatile piece of shit and its market cap is how much? This is not a stablecoin at all because your capital shrinks when people sell it.

>> No.20696991

help a brainlet when is the best time to buy?

>> No.20697005

>>20696991
uh probably right now.

>> No.20697010

>>20696991
whenever the price is lowest in the next 19 hours

>> No.20697050

>>20693179
still easy 50-100 x from here

>> No.20697177

>>20697050
MC would have to increase 50-100x, a touch optimistic. 20x is the upper limit i think

>> No.20697252

>>20696880

Wait wait wait, so you’re saying if something requires more inflow of money into the market to increase its value it’s a ponzi? LIKE EVERY FUCKING CRYPTO ASSET EVER YOU FUCKING NONCE.
Ampl meets none of the criteria of a ponzi, it just gets called that by braindead bizlets who are parroting the same shit they hear everyone else saying because it makes them feel smart, and AMPL feels too good to be true so they’re being all self righteous. THE KEY ELEMENG of a ponzi is that your liquidity is locked up making it impossible for you to exit with profits. Whales have been taking profits all week, and it keeps getting eaten up by new buys. Do you honestly think the CEO of coinbase invested 4.8 million dollars in some amateur pajeet rug pull? Do you think the devs would risk going to jail for this shit when they have no reason to “trick people”... the tech speaks for itself.

AMPL is NOT a stablecoin, but it will achieve relative price stability at a large market cap (aka not even massive whale sell orders can effect the price at an MC of several billion dollars). At this point it becomes EXTREMELY valuable for collateralized lending, and could easily act as the federal reserve of crypto, WITHOUT a hard usd peg, simply governed by its smart contract determining price behaviour.

If you’re too dumb to recognize the significance of this and actually believe the things you’re saying, please kys. If you’re fudding cause you think it could have any measurable effect on a 600m dollar market capped asset, and you’re trying to find a better entry, also kys. Ship has sailed, swim out and try to get on board or miss the ride entirely, choice is yours.

>> No.20697509

>>20696161
Which will set off a chain reaction of panic sells. This chart is going to be even better than bitconnect's. Can't fucking wait.

>> No.20697671

>>20697252
How many ampl is a suicide stack right now?

>> No.20697760

>>20697671
It doesn't work that way.

>> No.20697824

>>20696991
wait for the next dip of the cycle

>> No.20697854

>>20697671
0.0001% of the market cap

>> No.20698130 [DELETED] 
File: 7 KB, 306x165, FEC48541-D849-48A3-8AC2-70FD2C86C606.jpg [View same] [iqdb] [saucenao] [google]
20698130

Help a mad oldfag out get in on this mess
0x330191b39E0578d1A62e6dD29b8Fd2a62C24cF6e

>> No.20698212

>>20696880
1. ampl is not a stable coin
2. how do early investors depend on new money coming in? do you think rebase is giving you money or what wtf? rebase drops price by x% and gives you x% more coins, that is a zero sum operation mongoloidic niggerkid

>> No.20698215

>>20698130
fuck off

>> No.20698240

>>20698212
lol no one says rebase gives money
the rebase only increases the amount of coins which makes the price go down which makes people buy in which makes the price go up which makes the rebase increase the supply
it's simple
early investors benefit because your absolute number of coins increases as the market cap does, although you still hold the same percentage of the market cap at all times

>> No.20698258

>>20694106
Your coins/wallet ask the network "is the balance in this wallet correct" and the network says no, and corrects it

My daily rebase feels like I'm doing freebase, the first thing I do each morning is check how much free dollarinos I've been given

>> No.20698287

>>20698240
so you're saying early investors benefit completely organically as if they bought a % of land in manhattan before it had skyscrapers? nice bro, i'm all in

>> No.20698325

>>20698287
exactly. it's as if you bought a 1/100000th share in a lot in Manhattan when its value was $10,000 and now it's worth $100,000,000.

>> No.20698353

>>20693936
Lol what? You’re dumb as shit if you think there’s only 14k market participants. Tons of idiots keep their tokens all on exchange

>> No.20698385

how the fuck do i even buy this shit

>> No.20698469

>>20694226

yeah the coin -50% its ATH, and yet everyone is still making money by holding it. that's what you are missing.

the exchange rate isn't telling you anything.

other upcoming token that uses the same concept , but improved and at a lower marketcap is called REBASE www.rebase.capital

>> No.20698486

>>20698385
buy ETH, send to wallet, swap ETH for AMPL using Uniswap

>> No.20698516

>>20698486
Will hardware wallets still get rebase coins?

>> No.20698551

>>20698516
yep!

>> No.20698629

>>20693206
Coins market cap on all exchanges is the circulating supply x price. Ampl dashboard reflects market cap of total supply.

>> No.20698660

>>20693210
I'm retarded to, up 40k. What app are you using in that screenshot I need a level up

>> No.20698700
File: 983 KB, 1080x2520, Screenshot_20200724-164039.png [View same] [iqdb] [saucenao] [google]
20698700

>>20693724
Reposting this anon. I read it before bed time. Ampl is going to replace tether.

>> No.20698728

>>20698700
Most important post in the thread. Understand this and know AMPL has a lot of profit to make for a while yet, until equilibrium is found.

>> No.20698773

>>20693908
End the thread. You summarized this perfectly. Norman’s have no other choice to take notice of this project which enters top 20 market cap.

Once they do they will learn about the rebase. Then they will experience their first rebase. Then they are hooked. Game Over

>> No.20698807

>>20694154
Yes fren. Don’t concern yourself with the price per ampl. Only thing that matters is market cap

At the end of the day, it’s all about supply and demand. As long as it stays above 1.04 you will enjoy daily compounding gains. If you invest 50k, a conservative estimate would be making your initial investment in 1-2 weeks

>> No.20698856

>>20694205
"Stock splits are generally not taxable, as the cost basis per share is updated to reflect the new stock structure and price so that the total market value is the same. Since you did not make any gains on the stock split, no taxes are owed.Jun 25, 2019
Investopedia ... Taxes
Are stock dividends and stock splits taxed? - Investopedia

>> No.20698910

>>20695492
yeah, a 3x will surely get you to make it status, lol

>> No.20698946

>>20698856

A rebase is a taxable event in the US. Just make sure to shove enough of your gains aside for uncle Sam.

>> No.20699010

>>20698910
making it status is all relative, anon
don't debase yourself by dissing on other anons awake enough to be in on the new world economy early. we should be supporting eachother, we'll be running the world soon

Any gains are good gains. you do you, anon. i hope you make it, whatever that means for you

>> No.20699049

>>20695594
You dumb fuck, this coin actually cuts itself to seems more attractive. You are dumb as fuck talking about low IQ's when yours is not high enough to see the difference a coin that needs more funds to grow and one that needs more volume to grow. Dumbass, look at the chart.

>> No.20699064

What is this.
AMPL vs RSR (First DeFi DeathMatch - Who Wins?)
https://www.youtube.com/watch?v=zDudzyUD7F4

>> No.20699076

>>20695868
That is when it becomes A MOTHERFUCKER. With 10 b mc AMPL hits iron at 1.01 and .99. It will wreck the fuck out of scammy ass tether.

>> No.20699145

>>20698946
source? its not an airdrop or a fork

>> No.20699227

>>20695273

Greedy grasshopper reporting!

>> No.20699500

>>20694784
you dont have to do anything just hold it in your metamask.

>> No.20699584

>>20695213
Stand strong anon

>> No.20699651

>>20695547
You have 306 ampl which equals like 800 bucks. Current marketcap is 500 million. If market cap goes to 1 billion you will have doubled your money to 1600

>> No.20699778

>>20695821
Nah. Say price drops to .01 one cents. Everybody flees and sells their bags right? Wrong. Brainlets sell. At a penny you buy 1 million ampl for a thousand bucks and watch the smart people do the same and drive the price up to a dollar again. You've made a million bucks. In practice it will never stop to a penny because the demand would get so high it will always be pushed up to a dollar. It begins to stabalize at a dollar at certain market cap. It's volatile now because we haven't approached that market cap.

>> No.20699792

>>20695841
Yeah. You ampls are on the blockchain which aromatically gets the rebase. Your trezor just holds the keys to your coin.

>> No.20699804

>>20695868
This

>> No.20699825

>>20699651
Wow so revolutionary.

>> No.20699844

>>20695855
So the word is getting out. We got a 10-100x so easy on this

>> No.20699885

>>20696052
Your ampl is on the blockchain. Your wallet just holds keys. The blockchain updates with the rebase, and you will see the rebase increase show up in whatever wallet you have. I use ledger

>> No.20699908

Get more ample or keep some Eth for bullrun? (8k ampl and 33 Eth at the moment)

>> No.20699922

>>20696161
>>20696750
Lol, wrong. When price drops below 1 dollar the ascende will buy up the cheap bags. 10 cents ampl? Easy 10x opportunity as the demand drives the price back up to a dollar overnight. There is incentive on both sides of the dollar

>> No.20699931

>>20699922
exactly

>> No.20699965

>>20696750
Sorry. Responded to a different guy. To you I say the geyser gets you the rebase plus a little extra staking rewards. But you don't need to be in the geyser. If you have ampl in the geyser or just sitting in any wallet anywhere your ampl will automatically get the rebase. Note; the geyser requires you provide equal amounts of eth and ampl,

>> No.20699993

>>20697177
Agreed. We fill eat tethers 10billion mcap lunch

>> No.20700006

>>20695881

Shouldn't this be worrying that only 10% is available to the public, what happens when the founders sell everything?

>> No.20700014

>>20697252
This

>> No.20700022

>>20700006
check the token unlock schedule

>> No.20700036

>>20697509
You guys seriously don't get it. Below a dollar is where the real opportunity starts. And it's why it will never stay below a dollar long.

>> No.20700113

>>20699965

What happens when you withdraw from the geyser, does it split back into ETH and AMPL?

>> No.20700160

>>20699993
Are people who are in tether actually buying ampl with it? Who is still in tether ATM when they could be in ampl? Shouldn't the tether market cap shrink soon?

>>20700113
Is AMPL the reason ETH is mooning?

>> No.20700165

>>20699064
Lol. Boomers are such bittards. Defi will until BTC goes above 10k? Lol

>> No.20700187

>>20693179

Hey anon, bull is here, here's your next x100 chance, a serbian software company, opening it baas platform, this thing will be a money maker, competiton is mitx, which has a mc of 6m, SERV will be there in no time

https://uniswap.info/pair/0xa53103e47f8901b631d8e9874c7bccb1c95bea9a

https://www.servalittoken.com/
Discord:a88R27U

>> No.20700236

>>20700113
You have to deposit both eth and ampl, and that's what comes out. So if you have 1000bucks, then only 500 bucks ampl get rebase while 500 bucks eth sits there on the other side of the liquidity pool. So, undecided to skip the liquidity pool and hold my "1000" bucks. I'd rather hold all ampl

>> No.20700285

If it goes near a dollar (above or below don't care) I'm going in balls deep

>> No.20700304

>>20700236

Yeah seems the best thing to do just hold all AMPL

>> No.20700371

>>20700304
Yeah. Once it stabalizes at a dollar at 10 billion or whatever then do the liquidity pool and collect apy

>> No.20700847

>>20694309
Me too, $14.5K on the 10th....tho I returned that to myself last Wed.

>we're currently in the millionaire waiting room

>> No.20700961

>>20694226
Oh my god dude. Please. Please just save yourself the embarrassment right now

>> No.20701063
File: 64 KB, 795x572, it begins.png [View same] [iqdb] [saucenao] [google]
20701063

Can you feel it in the air? I sure hope you did what literally all the top 100 wallets did and cashed out your rebase on the way up to make over 20x your initial investment :^)
Remember if you don't lose all your money; next time don't play around with ponzis. Sit in BTC, LINK and ETH.

>> No.20701133

>>20701063
nice fud

>> No.20701159

>>20701063
Ngmitard.

>you have no idea what's coming

>> No.20701195

>>20701133
>fud
Please realise that this is a ponzi scheme. There aren't even any extra steps. The top wallets have been doing exactly this - making their investment back every single day to dump on new people coming in. This particular guy bought in with $1m, has sold $1m worth of ample EVERY DAY, and still has $7m. People who bought in with a few thousand dollars expecting to double it are already getting dumped on and will lose everything if they don't get out of the doors fast enough.

https://etherscan.io/token/0xd46ba6d942050d489dbd938a2c909a5d5039a161?a=0x30ab95456e89450c6ea568a62f27f844995cf9e6

>> No.20701326

>>20701195
Then why is the market cap still climbing? What does that tell you?

>> No.20701388

>>20701326
>it is not a ponzi because it is going up
That graph I posted is market cap. It will not go up forever. Nothing goes up forever. But ampleforth has the capacity to come down much more violently than most ponzis because of the rebase mechanism. The same thing that sends it so high will be icarus-like upon fall. If you are in profit, congratulations, but you should secure that profit now. At least take out your initial investment so you don't lose everything. No, I'm not trying to buy your bags.

>> No.20701534

>>20701195
>"dump on new people"
yep rebase is retarded in making you money RIGHT NOW, it might last a month or 2, but it won't last forever. I doubt it would end "violently" as you say simply because at worst rebase would give you -10% and any time that happens people will go all into this because it's the best buying opportunity right now. Sure some wallets are leaching off the rebase gains with the price fluctuating but they're also losing their AMPL % in the process, everyone wins

>> No.20701550

>>20701388
I know you posted the market cap graph, retard. It rose from 300m to 650m in a few days so of course it's gonna have a correction. Also you have no idea what a ponzi is. By that definition, BTC is also a ponzi and every other stock that doesn't give dividends. Sounds like you're trying to buy bags when you cry this hard.

>> No.20701597

>>20699064
Didn't even watch because the answer is obviously AMPL

>> No.20701811

>>20701550
>>20701534
I know you're emotionally invested in this, but ampleforth is not your way to home ownership. Unless you invested big money a month ago, you are not going to be in profit when it hits the ground hard.

Here is what is going to happen. It might happen tomorrow, in a few days, maybe even next week.
>BTC will stabilise above $10,000. This is huge. The rebases are becoming more and more effective at driving the price down as buying pressure decreases. There simply isn't enough money in crypto to outrun the rebases much longer. People who made gains from altseason will take profits and move their alts to BTC/ETH. They will do this before you because they are smarter and richer than you. This will dump the price rapidly to $1.20-ish. Suddenly, people will decide it is a risky bet to keep AMPLE. The rebases have slowed - you're not getting $10% of your stack given back every day, just 1-2%. And it might go down, as well. Better to ell and be safe.
>When it hits .99, a HUGE volume will be sold IMMEDIATELY from pre-set sell orders. Why would you not have a sell order at .99? You can just buy the same amount back tomorrow after the negative rebase. Smart money will be out.
>Suddenly, ample will dump to 70c on a single candle. But only half the world is awake. The other half has yet to realise. So the people who are awake sell everything they can. Remember - tomorrow you can buy the exact same stack WITHOUT suffering a negative rebase. Selling whatever you can for WHATEVER PRICE as soon as you can is the logical move.
>It will dump to 50c. The rebase is coming. That 3000 ample, once $2 each, is only 3000 ample worth $1500 and is about to rebase to $750. People will be crawling over each other to sell. But who will buy? Everyone who would buy into a ponzi either already owns it, or they'll buy after the rebase and get twice as many amples. You will literally be unable to sell ample and the rebases will fuck you for weeks.

Coin working as intended.

>> No.20701961

>>20701811

Yeah it’s going to be quite the quite the sight once negative rebased hit hard and people start fleeing for the hills, no one will (probably) touch ampl for weeks until it hits < 1c per token again. When that happens, people will scoop that up like hot cakes and the cycle of hype begins anew. Now, the real question here becomes: how long do the cycles of positive and negative rebases last, after the first?

>> No.20702049

>>20701811
Why do I have to wait for the rebase to buy under $1? Don't I have to buy beforehand to steal marketcap from those buying above?

>> No.20702091

>>20701195
This

If you weren't in weeks ago you're getting dumped on right now.
It's gonna be a bloodbath when everyone rushes to exit at the same time.

>> No.20702118

>>20698700
>>20698728
so what exactly is the point in investing in a coin with no growth?

>> No.20702129

>>20702091
>muh bloodbath
Lol salty no balls ampl fudders on suicide watch 24/7

>> No.20702168

>>20702129
I hope someone is saving all of these smug screenshots

/biz/ will be plastered with pink wojaks for weeks once the bloodbath begins.

>> No.20702200

>>20702168
Do it yourself id love to be proven wrong but AMPL will never have a death spiral. Cap it

>> No.20702266

>>20701811
you're wrong on so many goddamn levels it makes my head hurt
>a drop to .50c means a -50% negative rebase

kill yourself

>> No.20702309

>>20702091
the only cure for that is: only invest what you can afford to lose.

I threw $1k on ampl a few days ago and so far, i'm loving it. if it crashes and burns (which i don't think will happen before >1b MC) so be it. it will have been a crazy ride.

>> No.20702328

>>20701811
I'm going to offer a counter stance on why I think you're wrong. There's a lot of really stupid money being thrown at this and they're people that don't own nor do they want to own BTC. I know for a fact that at some point after ETH 2.0 or at some point when they can fork AMPL to something that doesn't have the same losses as ETH AMPL is going to offer unreal returns in providing liquidity. People are eager to move away from Bitcoin, especially those that don't have it. AMPL is never going to crash and burn and in fact I think the ride is just getting started. As soon as this is on Coinbase or Binance the sky is the absolute limit and I believe that what's driving BTC and ETH prices are people buying into AMPL.

>> No.20702369

>>20702168
This has not even reached chainlink levels of memetics

>> No.20702377

>>20702200
are you dumb? its designed to eventually implode once the fuel runs out.

>> No.20702386

Good god, AMPL’s telegram is giving off some serious BitConnect vibes, too many SEA’s thinking this shit is going to be some free magic money printer.

>> No.20702398

>>20702118
The coin is extremely volatile right now. As long as demand is there, people are buying up AMPL and then they are getting multiples of the coin each day.

>> No.20702406

>>20702386
>Good god, AMPL’s telegram is giving off some serious BitConnect vibes, too many SEA’s thinking this shit is going to be some free magic money printer.
Anon when the retarded 3rd world money starting coming in to AMPL ~2 weeks ago I thought the party was nearly over.

>> No.20702414

>>20702377
Continue to sit on the sidelines coping and seething all the while you could’ve been buying and gaining

>> No.20702417

>>20701811
Your numbers are all kinds of fucked up. Please go back to preschool.

>> No.20702444
File: 58 KB, 160x175, japaneseroboboy3.png [View same] [iqdb] [saucenao] [google]
20702444

>It will dump to 50c. The rebase is coming. That 3000 ample, once $2 each, is only 3000 ample worth $1500 and is about to rebase to $750. People will be crawling over each other to sell. But who will buy? Everyone who would buy into a ponzi either already owns it, or they'll buy after the rebase and get twice as many amples. You will literally be unable to sell ample and the rebases will fuck you for weeks.

>> No.20702451

>>20702406
China just started buying it. Guys, this has at least another 2 months of growth. Probably longer but I can almost guarantee 2 months.

>> No.20702457

The supply adjusts to make sure that 1ampl = 1 dollar

The second ampl dumped below a dollar the amount if people willing to buy will be huge, you're literally guaranteed to make a profit

>> No.20702481

>>20702457
I'd throw 50k at this if it got to $1.50 at 700m market cap, maybe even 850m.

>> No.20702526

I'm waiting for a dip to 1.50 With bitcoin volatility it might be possible

>> No.20702824

>>20702526
>trading AMPL price
NGMI

>> No.20702846

>>20702824
>he isnt swinging AMPL
ive increased my stack 24% since yesterday by swinging AMPL, and this isn't counting the rebase

>> No.20702862

>>20693179
>>20702616

>> No.20702875

>>20702862
It’s over schlomo we’re all gonna make it and you can’t do shit

>> No.20702906

>>20702846
you swung the post rebase dip when it dropped below 2.3?

>> No.20702976

>>20702906
I monitor the Uniswap V2: AMPL address and view all pending tx's, any time i see a large (100+ ETH) move, I sell/buy on KuCoin accordingly, so far I havent had a negative swing

>> No.20703051

>>20702481

You should think about not doing this because the rebases will get smaller and smaller over time as MC increases as you wait for those numbers. The window for gains is now. This isn't suppose to "moon", it's suppose to settle into the earth's core and solidify.

>> No.20703118

>>20703051
I meant at that market cap. I understand as time goes on the value daily decreases but if there's a huge dip you can bet your ass I'm going all in.

>> No.20703145

>>20702976
Brilliant idea.

>> No.20703178

>>20703118

Okay, But there was a big dip week or so ago and those who bought at top (around $4) still came out much ahead through the rebases due to compounding gains.

Just keeping you informed on your decision

>> No.20703215

>>20701961

How long did FOMO3D last? There's your answer. A few cycles, then all that's leftover are ripple effects.

>> No.20703236

>>20703178
I'm already 30k in from about that time, I mean I'd double down if it dipped again but I can't invest any more on something I think will have a downturn soon before shooting back up.

>> No.20703276

How is AMPL supposed to rebase to 1$ with a mc of 580m and a total supply of 531m?

>> No.20703301
File: 56 KB, 1068x601, gigachad.jpg [View same] [iqdb] [saucenao] [google]
20703301

>>20702976
absolutely based, congrats anon

>> No.20703346
File: 528 KB, 1536x2048, F63664E2-7C92-4DD6-96B5-CA083692F30B.png [View same] [iqdb] [saucenao] [google]
20703346

Very sustainable

>> No.20703365

>>20703276
Slowly. The closer it gets to $1, The lower it rebases too so it'll take some time.

>> No.20703418

>>20703346
doesnt go up 10% a day

>> No.20703437

>>20703365
I thought the rebase was on the circulating supply. Is there AMPL that are not in circulation?

>> No.20703562

>>20702976
I've spent the last 10 minutes trying to find where the pending TXs are listed, can you throw me a bone?

>> No.20703582

>>20703437
Yeah. Investor's and the team but they're locked for now.

>> No.20703646

>>20693179
why isnt this shit dumping. dont want to buy at 3$

>> No.20703702
File: 58 KB, 346x482, 1591243406641.jpg [View same] [iqdb] [saucenao] [google]
20703702

Does this have any chance of 10xing for people who just got in now?

>> No.20703713

>>20703582
They sit on more than half the supply? For what?

>> No.20703812

>>20703346
It's been like a month of rebases, to assume it goes on for another 160 like this is stretching it. FOMO and CEX exposure will bring this coin to a stabilized market cap much before that imo

>> No.20703851

>>20703646
Because it’s undervalued

>> No.20704018

bitcoin on steroids. 1 trill mc incoming

>> No.20704027

>>20703702
USDT marketcap = almost 10 billion
AMPL market cap = 525 million
if we match USDT then its a x20

>> No.20704088

This really is bitconnect all over again. Has no one learned?

>> No.20704100

>>20703646

Tick tock. Time is running out.

>> No.20704199

>>20703051
So the higher in price this goes, the more rebase ampl we get? Until it stabilizes at $1

>> No.20704485
File: 72 KB, 261x193, file.png [View same] [iqdb] [saucenao] [google]
20704485

>>20695273
Brawny Barracuda reporting

>> No.20704523

>>20703713

Closer to 60%,

If you go through most of the top wallets they’ve gotten funds through investor wallets/team members so id say closer to 80%,

>> No.20704524

>>20693908
this shit is not even trending on reddit

>> No.20704537

Meh. I'll just wait for the initial hype to die, buy cheap, and then ride the real wave in the next 12 months. Same exact thing has happened with LINK and every other hyped up /biz/ prospect.

>> No.20704562
File: 55 KB, 258x360, 1565490286940.jpg [View same] [iqdb] [saucenao] [google]
20704562

>>20704537
AHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHAAHAHAHHAHAHAHA

I HOPE THIS ISN'T BAIT, PLEASE BE REAL. YOU ABSOLUTE FUCKING BRAINLET

>> No.20704573

>>20704199

If new money keeps it above $1, you will have positive rebase, same market %, more coins.

>> No.20704619
File: 43 KB, 960x960, 1595682541498.jpg [View same] [iqdb] [saucenao] [google]
20704619

>>20704018
>0.0015%
I hope so

>> No.20704639

>>20704619
Lost 0.003% swing trading :(

>> No.20704672

>>20704562
>8 posts by this ID

Hopium is strong in this one.

>> No.20704704

>>20704672
I am about to piss myself laughing, you cant possibly be this stupid
Let me put it in retards terms for you

Every single day that you don't buy, that AMPL stays above $1.009
You have cut the amount of money you can make

Every. Single. Day. That AMPL stays above $1.009, that you don't buy, with the ultimate intention to eventually buy, you are losing profit.

>> No.20704749

>>20694154
>>20698807

Ignore this fag, don't auto fomo, the price is going to rise and force a dump ENDLESSLY. Watch the price per ampl and get in right at the dump. Max gains, yo.

>> No.20704754

>>20704704
>Market cap only goes up!!!!!

Dumb ass. Did you even read the whitepaper?

>> No.20704767

How high do you guys see the price going?

>> No.20704785

>>20704754
Yes, buy at the start of the death spiral. I hope you kill yourself when you lose all your money.

>August 18th, 2020
>AMPL finally is under $1
>Anonymous 4chan user 1J36ZHNI buys
>AMPL death spirals with negative rebases for the next 2 weeks
>Anonymous 4chan user 1J36ZHNI commits suicide because he waited 3 entire weeks of positive rebases to buy at the very start of the death spiral

>> No.20704828

>>20704785
More like you kill yourself once market cap falls back to below your cost basis and I buy in once /biz/ moves on from shilling 20 threads per day for free kek

>> No.20704873

just loaded up some USDT to buy AMPLE... waiting for the best time is hard, fuck

>> No.20704970

>>20704767
5 dollars in a week or two.
Real money hasn’t even entered yet.

>> No.20704983

>>20693179
I bought all 3 books you refer

>> No.20705005

>>20704983
Thanks OP

>> No.20705113

Fuck. I just wanted to say FUCK. I wish I bought more

>> No.20705216 [DELETED] 
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20705216

BRAG POST YOUR AMPLE ROI

big dick poorfag here, i bought 100$ worth amples when it was 5M MC and now i have 10k :D

never had these kind of moneys. even this dumps to 0.1$ i'd be still in profit LOL i cannot lose anymore

>> No.20705653

I own 0.0022%

750th top wallet holder.

Is this gonna give me seven figures?

>> No.20705934

>>20693233
You put money. It goes up. You get rebase 10pm EST. Sell rebase for free money before slight sell off. Repeat.

>> No.20706009

>>20693863
Diet Soda WTF. I’d rather have diabetes than shit tasting soda pop

>> No.20706145

>>20702266
Right. At 50 cents it's a -5 percent. At 1 cent it's -10 percent.

>> No.20706562

>>20702328
I agree. I don't think a lot of 4channers understand that this crypto game is about liquidity. Huge liquidity. And Bitcoin can't operate on the macron economic stage with it's fixed supynand deflationary status. What AMPL is doing about building an elastic currency that could rival the FED. Right now the world runs on the dollar. But the fed like all currencies before is running the dollar to the ground by perma inflation. AMPL could provide a fair and decentralized bust and boom currency that inflates and deflates. Defi is a race to provide that liquidity. The other big stable coin projects attempted to solve this but basically suffer from needing to peg their coin to some other value mechanism like the dollar, which is hilarious. AMPL is the first crypto system to date that actually creates smart and expansive liquidity and could grow so big your eyes melt.

>> No.20706652

>>20702377
Sorta, but that's what makes it great. It's basically designed to settle down to a dollar at some market cap. That simple. And it will. Question is what market cap does it want to settle at? 5 million? 500 mil? 5 bill? While you guys hash it out on 4chan it's eating everybodies lunch. AMPL might be the one big defi project to actually break into the big time.

>> No.20706714

>>20702451
Yeah. I think the team has some market cap growing goals, which is way they've created the geyser to incentivise everybody to withdraw their staking from other projects and bring it to AMPL. This project is going to rival tether as a crypto liquidity provider. USDT is a 10 bil market cap. That's 20x from here

>> No.20707053

Anyone who sells before it hits 10 b$ should retire completely from crypto. And that’s coming from someone who invested in btc in 2012 @20$ pretty much F.U money since 2017.

>> No.20707365

>>20707053
Ye I literally think this will at least hit the 10-20b cap IMHO

>> No.20707436
File: 371 KB, 413x498, tenor.gif [View same] [iqdb] [saucenao] [google]
20707436

>>20695273
AMAZIN' ANACONDA REPORTING IN

>> No.20707590
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20707590

Trying to wrap my head around AMPL. Brainlet question:
If the market cap gets to a billion will we have 2x'd from a purchase at 500 million market cap? or more due to compounding interest?

>> No.20707651

>>20707590
2x. You would have more coins but the same % share of the marketcap which is all that matters

>> No.20707740
File: 90 KB, 1024x728, download.gif [View same] [iqdb] [saucenao] [google]
20707740

I bought 50 of these bad boys
am I gonna make it?

>> No.20707752
File: 409 KB, 975x750, 1595179748914.jpg [View same] [iqdb] [saucenao] [google]
20707752

>>20707651
Thought so, thanks. Getting mixed messages from some over-hyped people

>> No.20708042

>>20702481
Don't wait. I bought in at 2.8? Lol. But in a couple days I'll have enough ampls that if I sold at a dollar I'd break even. It's been like 5 days

>> No.20708105

>>20693179
Is there somewhere that shows how much it's rebased each day?

>> No.20708131

>>20707740
no, i am sorry fren

>> No.20708170

>>20703276
Here's a loose example; at two dollars you've got a 500 mil market cap. Everyday the price drops a few percent as he market is diluted with new tokens. Price is shrinking but token supply is growing. By the time we got 1 dollar we'd have twice as many tokens. Half the price with twice the tokens equals 500 mil market cap.

>> No.20708189

>>20708105
10 - oracle price / 10

>> No.20708191

>>20704524
reddit is a containment forum for people who are destined not to make it. it will not trend there ever

>> No.20708205

>>20698946
Kys

>> No.20708216

>>20708105
You can calculate it
(((Oracle Rate-1,009)/1,009)*100)/10=Rebase change in %
So for tonight it'd be around 14,51%, but keep in mind that the Oracle Rate can and probably will change until shortly before the rebase

>> No.20708222

>>20698240
Doesn't that invalidate the entire fundamentals of the coin itself?

If you're just some simple shop owner accepting ampl because they claim its a stable coin and then suddenly the market cap drops and your wallet full of coins is now 3/4 of what it was pre-rebase that's no better than if someone just paid you in bitcoin just before it loses 1/4 of it's price.

>> No.20708236

>>20707053
sshhhee how much will you have now with AMPL? are you a top 100 wallet?

>> No.20708242

>>20704018
Let's get jacked.
Broke friend; "How'd you get rich?"
Us; "I bought a defi stable coin shilled on 4chan."
Broke friend; " I don't understand the words coming out of your mouth"

>> No.20708298

>>20704524
Chainlink has 10x the wallets. When get 50k wallets then take a look at things. We're growing now. All the compound stakers want into the liquidity pool. Us 4channers pile into AMPL. Like think of it. There are 10k wallets, be only .000125 percent of the world has a clue.

>> No.20708348

>>20708298
So I'm early? I bought in yesterday because I'm retarded. Actually wanted to buy 2-3 days ago @ $250mm market cap but didn't know that it literally doubles in value in one day. This run came literally out nowhere. Most people probably aren't aware of it.

>> No.20708355

>>20706652
>>20706714
what does everyone think is gonna happen after it stabilizes at $1?
IMO ---->> exodus to other cryptos to invest in them ------>>>which will cause the price to fall briefly. ------>>>which will introduce an opportunity for buyers. ----->>>and then it stabilizes at $1. ------>>> repeat step one again---->>> eventually i think the goal of AMPL is to stabilize in relation to the DeFi market. so (ideally) there is a constant going into other cryptos and back into AMPL

>> No.20708375

>>20708189
thst can't be right, your formula means it rebases less at higher prices.

>> No.20708390

Can someone answer this >>20708222 and explain AMPL to me? Maybe I'm retarded but I want to understand the coin thoroughly if any anons can help.

>> No.20708392

>>20708131
w-why not

>> No.20708400

>>20702451
2 months would be fucking insane

>> No.20708439

>>20708348
Yeah. We're early. In like 6 days you're ampl stack will have grown enough that even seeking at a dollar you break even. But just hold on until we're in the top ten.

>> No.20708471

>>20708439
>hold on until we're in the top 3
Fixed it for you.

>> No.20708475

>bank is rejecting all payments
>fraud prevention is a 3rd party
>told me I'd have to call the bank itself to clear any further blocks
>won't open until tomorrow morning
You've gotta be kidding me

>> No.20708487

>>20708355
the character of a swing below 96 cents depends on adoption. if it gets to that point and the main liquidity pool is still uniswap with no other uses, and nobody has begun to use ampl for its long term purpose, then price will probably swing low for a time. however, if ampl has reached tether levels of mcap and it's been adopted as collateral by eg. maker, and it's on a few big cex, and people use it as a stablecoin mechanism, there will not be a dip below 0.96 for long

>> No.20708513

>>20708348
just look at the liquidity increasing every fucking minute, and there's still 70 something days left on geyser, this shit is going to billions of mc, its common knowledge
of course it will have some dips in the way from whales cashing out, but nothing will stop it, not until geyser is up at least

>> No.20708526

>>20708390
Once the marketcap is high enough, volatility decreases and stabilizes near $1. It's only way above $1 right now because of the immense buy pressure feasible through a low market cap.

>> No.20708578

>>20702266
its a -50% split over a ten day period

>> No.20708584

>>20708526
But if the market cap drops then every wallet starts losing amplecoins to reflect that after the rebase, no? If this is the case then what is the incentive to use ampleforth over bitcoin or anything else in a day to day scenario?

>> No.20708589

>>20708355
You're basically defining good liquidity. Right now moving a lot money in and out of ampl would change the market cap. But at say 10 billion market cap a whale could cash out a million or hold a big was of cash in ampl without effecting the price. But the creators want this coin to be bigger. Like think fed level. For perspective, Swift moves 4 trillion dollars around the world a day. The "market cap" of ampl to move big boy money like that and still stay at a dollar is...lol, well it's your 2012 Bitcoin chance. And people would hold ampl because of staking fees. Right now real money has nowhere to go. Bonds are down. Mutual accounts suck. Dollars are inflating. An ecosystem like ampl you get millions of people sharing and keeping the liquidity pool afloat and make say 5% for leaving their money there. Do you have any idea how many peoplo in the world would kill to just have their money grow safely like that? Basically everybody not in crypto. Buy they won't buy AMPL. Banks will, by the truckload. They will be the liquidty providers. Google Brian Banks bank crypto custody. Literally this week the OCC gave the greenlight for banks to hold crypto. We're going big time. And for reasons discussed on ampl boards, AMPL has got a real shot at breaking into the top three. It's not even on any rbig exchanges and it's already breached top 30. This project is going big time. itll be the brand name for defi.

>> No.20708591

>>20708513
what happens on geyser? should i sell before?

>> No.20708619

>>20708471
Based

>> No.20708644

>>20708390
If your coin is stable around $1, and drops to .75, on a large market cap with enough liquidity, there will be incredible buy pressure to do make a quick 33% gain, driving the price back up to or over $1. Such dives would in theory be less possible with a stable, massive amount of market share. It could theoretically slow transactions during that period, but the rebase would eventually get the coin back to $1, and your overall percentage of the AMPL network would remain constant.

>> No.20708659

>>20705653
si amigo

>> No.20708767

>>20708644
So, I'm at somewhat of a loss. The reason people will buy in at 75 cents is solely in hopes that others will buy in as well, therefore raising the price back to 1 dollar sans any rebase coin adjustment? Isn't that the same concept a pyramid scheme runs on, where early investors are rewarded by late investors?

Sorry if this sounds retarded. Seriously trying to understand what you're saying.

>> No.20708793

>>20708644
Obviously your ownership of the percentage of the overall market cap (and network) stays the same but if that market cap decreases in value your wallet still decreases in value like any other crypto, right?

>> No.20708797

>>20708584
If the market cap drops, coins go down in quantity, and up in value to maintain the same percentage of market share that you had before the price started dropping. My .001% share is still .001%. What's more, is this decrease in market cap is recognized by holders that it's a buy opportunity, and use it as a chance to DCA. The higher the market cap goes, the harder this will be to do which is why getting on sooner than later is what you need to be focused on.

>> No.20708801

>>20708591
we dont know, but devs already said they would keep releasing incentives to liquidity providers

>> No.20708805

>>20708222
i think at that point AMPL will be worth trillions of dollars and a drop in MC would happen out of some Godly event. which in that case, there would be more to worry about.
Think of AMPL like a mirror - if you put AMPL in front of DeFi it will over time mirror the liquidity of that - (reaching equilibrium)
If you put it in front of the dollar - same would happen (it would reach equilibrium) - since in the beginning it would be an investment opportunity and with time the returns get less and less until equilibrium is achieved.
This is assuming nothing with the tech goes wrong, just a thought experiment.
but its more like a liquid tho but i dont know how to make an analogy based on that

>> No.20708816

>>20708392
50 is not that much my fren
but u still will get some smol gains

>> No.20708827

When does this geyser end?

>> No.20708830

>>20708767
In the simplest terms, this coin is designed to sell down to a dollar and be bought up to a dollar. People will trade around that all day long. And you need a tighter definition of pyramid scheme. What you described is every investment ever made in the history of man ever.

>> No.20708869

What wallet can I get this into? I'm an idiot but is metamask to hardware the only way to store this rn?

>> No.20708901

>>20708589
appreciate the perspective anon - i didnt think of that angle

>> No.20708910

>>20708827
Check it out yourself. https://www.ampleforth.org/geyser/

>> No.20708924

>>20708830
>>20708805
>>20708797

I guess my question is mostly what is the incentive to actually use ample on a utilitarian basis regarding fundamentals than simply people investing in it, in hopes that others will buy into it? What system does it undercut because if it's not a stable storage of value then it can't undercut the dollar.

>> No.20708933

>>20708869
No, any ethereum wallet works. I sent my ampl to my nano ledger last night. Still collects Rebases.

>> No.20708934

>>20708805
Well said ANON...
I totally get the Economics explanations that have been going around.
I love the short explanations (provides a visual in the mind)
Thank You... Well Sed

>> No.20708942

>>20708487
i agree with that - lets see what happens with adoption. i dont know why it wouldnt other than the cumbersome having to pause the exchange during rebase bit - i think exchanges have to treat this differently which might be a small bump in the road (hopefully)

>> No.20708961

>>20708933
So could I send to my atomic wallet ?

>> No.20708973

>>20708924
It needs a large market cap in order for it to ultimately stabilize, at which point it will be the best stable coin because it can adjust supply to meet the demands of the market at any given time and therefore maintain its value better. It will be consistent in terms of value, which is what we should all want from a currency.

>> No.20708972

>>20708830
I think my previous definition was pretty accurate so long as there's no utilitarian use accompanying the product/service, no? It's the real world use part I struggle with.

>> No.20708977

>>20700022
Please give me the unlock schedule details page link or please tell post it here if you know.

>> No.20708999

>>20708933
How is it still collecting rebases?

>> No.20709011

>>20708390
No, because it's not a coin for a shop owner to hold, it's a liquidity primitive to counterbalance something else. It doesn't matter if 1 amp in a wallet today = 1 amp in a wallet tomorrow, what does matter is that 1 amp can be consistently the same in any instantaneous moment so amp can be used as a counterbalance to price everything in any given instant. That you can price things in amp and not have it fluctuate wildly. The shop owner wouldn't trade his goods for amp, he would trade his goods for other goods or currencies, and the conversion would be optimally handled through their pricing in amp. The rebase is just a way of making that mechanism possible without being backed by anything by distributing growth or shrinkage between whoever is holding when it happens.
The demand for this is so large that we use Tether even though we know it's shady as fuck and they haven't allowed people to cash out for a long time.

>> No.20709028

>>20708973
Okay, so if I understand this correctly once a large enough market cap is reached it will be so large that no single party or cooperating parties can modify the market cap to significantly alter a wallet's value, right?

>> No.20709060
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20709060

>>20708222
Anons... Do you think it is reasonable to say that AMPL is likely behind the recent jumps in ETH...
There is a good change that ETH will Mars on the next RUN (it has begin).
DeFi is going to price smaller buyers out.
Imagine the cost of BeeHive if Eth was 2000k.

We are So Early...

>> No.20709095

>>20709028
Correct.

>> No.20709145

>>20709011
This actually helps a ton. So the idea is not to use it as a currency itself nor as a store of value but instead to use it to transfer an equivalent value in currency to another party because one amp will always be rebasing around a dollar? Let me know if this is wrong.

>> No.20709184

>>20709095
Couldn't that be said about any large market cap crypto though? Volatility decreases as market cap increases in bitcoin as well. The only difference is that it's not rebased to equal a dollar per bitcoin.

>> No.20709199

>>20708924
well it has an elastic supply. so as new money enters AMPL - it is distributed to all wallet holders to the tune of their % of the total MC. with our current system new money goes to the banks who just end up investing in companies or some other rich people shit while the average person gets shafted.
An elastic supply that shifts with demand is more benefits - over time - 1AMPL will equal 1 2019 $dollar. so on that front inflation/deflation is over with. It gets shifted to all holders simultaneously (increase or decrease supply)

>> No.20709216

>>20708924
Speculators like us don't trade ampl in the future. But liquidity is one of the most valuable things on the planet when you're God status. Take Warren buffet. Worth 80 billion? Really? How much of his stacks could he sell today? Maybe a billion? Any more than that and he tanks the price on his investment. Money is so illiquid for so many people. Real estate investors? Takes months or years to get out of their assets and back into cash. Big money. Like adult money is basically locked up in the world in investments that if these guys sold all once hey'd tank the system. This is essentially why the fed prints money. To lubricate the system. But crypto is amazing. Because it's this alien level tech that allows, for the first time in history, for their to be massive, Instant. Decentralized math based liquidty. The value of ampl just bring a big one dollar stable coin is astronomical in globally connected world. It's literally the most valuable thing in macroeconomics to have large liquid pools of moving money. And to the minnows like us? Who can ride ampl from a measly 500 million mcap up to a globally performing liquidty pool??? To get an idea of how much money there is out there locked up and wants to move, check out this chart. https://steemit.com/life/@cc54/amazing-graphic-on-the-market-cap-of-crypto-vs-money-in-the-world

You've got to understand that the value for us now is speculating the rise of the market cap of this token. But the value of the ampl in the future won't be specualtion. It will be the value of knowing that a guy worth 136 billion dollars finally has a safe haven where he can store money, Move it instantly and securely around the globe, and where it won't be losing value as some government prints the dollar into oblivion. This is big time

>> No.20709222

>>20708767
>>The reason people will buy in at 75 cents is solely in hopes that others will buy in as well, therefore raising the price back to 1 dollar sans any rebase coin adjustment?
The token is designed to stabilize, calculating the average daily value and the fluctuating supply of and demand for it, to be somewhere between .96 and $1.06 - can't recall the exact numbers, but somewhere in that range. If the price per coin goes below that lower threshold, there, could and would be negative rebases. Having two AMPL at $1 per one day and then having one AMPL at $2 per the next doesn't change the value you still own overall, which is that percentage of network. It's the rebase that is the built in stability of your value, regardless of market fluctuations. THAT'S what makes it "stable." No slippage like tether or USDC.
>>20708793
Yes, decrease in MC would decrease the $ value, but not your percentage. If you are only looking at fiat, yes, MC down is wallet down. But it's such a good buying opportunity that a large enough market cap should stabilize that - you would need a systemic breakdown of civilization to see that happen. That same threat could be said of Bitcoin or any other coin. It only has value if people agree that it does.

>> No.20709237

>>20709184
>it's not rebased to equal a dollar per bitcoin
and that is the main tech of AMPL. elastic supply

>> No.20709275

>>20708934
It's just how blockchain works. Technically you don't own tokens. They reside on the blockchain. All wallets do is give you access to the tokens you've got the keys to unlock from the blockchain. So if your ampl is in your ledger, really you've just got keys on your ledger showing you how much ampl you own on the blockchain.

>> No.20709278

>>20709184
Elastic supply >>20709237

>> No.20709290

>>20709216
So basically I should never sell or diversify away from my 30k AMPL, and will in turn become part of the new financial elite?

>> No.20709309

>>20709145
right now. AMPLs selling point is that its uncorrelated to the market
next: AMPL makes a better collateral for defi
:AMPL supports massive liquidity
:AMPL becomes better base-money

at the last stage, all the previous stages are still present.

>> No.20709325

>>20709184
Think about loans in Crypto.
You borrow 1 BTC at 9k
must pay back in 3 months.
You spend the BTC as soon as you get it. Get 9k value from it.
3 months later...
BTC is now. 12k = you are fucked.

AMPL Loan.
You borrow $5000 worth of AMPL
3 month loan
3 months later
you pay back $5000 worth of AMPL
when stable

>> No.20709344

>>20709216
>You've got to understand that the value for us now is speculating the rise of the market cap of this token. But the value of the ampl in the future won't be specualtion.
this. the reason why so much money is being made is because we are the speculation phase. in the future you will not be able to make money like this

>> No.20709361

>>20709145
Yes, it's meant to be a liquid intermediary between illiquid assets. That is the main use case, and how it inflates it into a large market cap. Of course, once the mcap is large enough, you could get to a point where rebases would be so insignificant that you could legitimately hold or use it as a currency of its own.

>> No.20709371

>>20709216
So the ulititarian use is sheer liquidity for institutional and high value investors you're saying? Wouldn't the same level of liquidity exist in any other crypto with an equivalent market cap high enough to stabalize?

Let's say BTC and AMPL each had a market cap of 37 trillion dollars. What makes Ampl more liquid than BTC for Mr Buffet? He could store his money in either and both will likely stay incredibly stable in value, no?

>> No.20709401

Went in for 1000 coins even. So 2am UTC I should get xxx more depending on the rebase? Will they just show up in my wallet (used uniswap with metamask/trezor) or do I have to do anything?

>> No.20709403

>>20709290
well... there is one giant stumbling block - ETHEREUM kek

>> No.20709417

>>20709371
Anon, the difference is of course that AMPL mathematically seeks to remain at a stable value on a daily basis.
Bitcoin does not.

Which makes it infinitely better to store money if you want to hedge against volatility.

>> No.20709470

>>20709222
So, I think the issue here is our understandings. You are defining value by the percentage of overall network ownership (which we agree remains constant). I am defining it by a set dollar value of your wallet(s) (which doesn't remain constant if the market cap changes).

The rebase becomes almost meaningless if the dollar value of your wallet is still changing is what my point is.

>> No.20709497

>>20709417
im gonna play the devils advocate now:
the other anon said BTC MC is 37 TRILLION. at that point - how high or low can BTC go? it would have to be pretty stable. so its value to the dollar will also be stabilized, no?

>> No.20709533

>>20699844
insula looks like trash its at 2.80 with barely anyone in

>> No.20709542

>>20709237
>>20709278
So there is no set amount of ampl in existence like BTC, then? no 21 million coins or any solid number. It's essentially crypto fiat that stabalizes at a dollar worth with a very weird mechanism that can add too or rob your wallets and its entire stability is based on hopefully achieving a giant market cap and preventing arbitrage oppurtunities?

>> No.20709555

>>20709497
Again, with exactly identical marketcaps, AMPL remains the clear winner because it is designed to stabilize itself at $1, whereas Bitcoin is not.

Sure, at a 500 Trillion dollar marketcap, neither asset would move very much on a daily basis due to the sheer amount of money it would take to move the asset.
But if they both have identical marketcaps, AMPL will undeniably hold its value to a steady number better than Bitcoin will, because of the way it is designed.

>> No.20709587

>>20709417
I get the difference in algorithm. My question is what is the benefit of warren buffet holding or using 5 ampl compared to some tiny fraction of a bitcoin assuming market caps are equal?