[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 38 KB, 2048x1000, ampleforth.png [View same] [iqdb] [saucenao] [google]
20700319 No.20700319 [Reply] [Original]

UNCORRELATED TO BTC OR ETH MOONING OR DUMPING

THIS IS UNKILLABLE

>> No.20700413

>>20700319
Imagine a black hole that sucks up all the shitcoins at the top, it will at least suck a large piece of:
> Tether
> XRP

>> No.20700446

>>20700413
It's going to knock Tether and XRP out of the top 10

>> No.20700473

>>20700446
this is why i dumped all of my XRP for AMPLEFORTH a couple of hours ago.
Gains are going to be astronomical

>> No.20700497

>>20700473
A friend of my had a bag XRP 1 week ago, sold it for AMPL

I only had 800€ to invest when AMPL was at 10m cap :(

>> No.20700577

>>20700473
Smart move.

https://youtu.be/9-uo-KfnkhI

>> No.20700601

>>20700577
Love this video, he know something like AMPL would occur in the future

>> No.20700616

Absolutely! Everyone in AMPL will be a millionaire in the next 5 days. And then billionaires the week after that. It's amazing. Everyone in the world will be rich if they buy AMPL. It's totally legit. I read about it. And it's genius. AMAZING!

>> No.20700631
File: 12 KB, 223x226, 1595082739916.jpg [View same] [iqdb] [saucenao] [google]
20700631

>>20700616
>seething RSR bag holder

>> No.20700670

>>20700616
No shit. Only entered at the start of the month and will get my first million by about 25th of August assuming a conservative 10% rebase until then.

>> No.20700759

Any of you guys try swinging it?

Is it a good idea to sell after rebase, seems like everyone is doing it

>> No.20700783

>>20700759
I'm just holding

>> No.20700786

>>20700319

Stop wasting your time with this bs and check on this one. A european 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://servalit.com/

>> No.20700791

>>20700759
You can try but it's likely you'll get rekt by bots.

I lost 0.007% supply by trying to swing.

>> No.20700799

>>20700786
and Discord: a88R27U

>> No.20700814

>>20700786
>>20700799
cope

>> No.20700850
File: 5 KB, 234x216, feels.png [View same] [iqdb] [saucenao] [google]
20700850

>>20700791
I lost 0.004%

>> No.20700891

>>20700791
>>20700850
ah yeah, guess the "hold til the end of geyser" meme is there for a reason.

What's next though, I mean how long can we make insane gains from the price discovery stage

>> No.20700903

I can’t believe it’s up against btc right now even after that move. Unbelievable

>> No.20700913

>>20700891
I literally think in all my crypto years, it will reach 10b-20b cap

>> No.20700924

is ampl the bitconnect of the current bubble?
every bubble has its ponzi

>> No.20700954

>>20700924
If everyone cashout at once, yes. It's hard to see how many holders there are, since a lot of holders have it on their kucoin wallet

>> No.20700974

>>20700913
me too, it's insane. im thinking this will be the catalyst for the next run
>>20700924
nah man, this don't print dividends, it's all in the mcap

>> No.20700993

>>20700891
To add, I think staking in the geyser is a bad move if the cap keeps growing like this
Pure AMPL is riskier but the upside is huge

>> No.20701038

>>20700993
geyser virgins vs hodl chads
ill think of selling once the media whiffs on this
meanwhile i will try to time my withdrawal in the next "peak"

>> No.20701087

So because it will always tend towards 1usd you guys will be rich?

>> No.20701114

would there be a massive sell-off when the geyser end? what happens if I'm just holding in the wallet, market-wise?

>> No.20701117

>>20700974
>nah man, this don't print dividends, it's all in the mcap
it doesn't matter, the fundamental characteristic of a ponzi is that all profits come from subsequent 'investments'.

This whole rebase stuff is just retarded gimmick, just like deflationary tokens were a pointless gimmick

>> No.20701167

>>20701117
soooo all stocks are ponzi?

>> No.20701183

>>20701117
>fundamental characteristic of a ponzi
lol, who taught you that

>> No.20701185

>>20701167
stocks are ownership in companies that generate profits

>> No.20701228

>>20701087
It will find $1 when the market cap is in the billions. By then whale action will have less of an impact on the infrastructure.

>imagine rebasing to the billions. I'd welcome $1.

>> No.20701246

>>20701228
i'm waiting for a nice dip^so i cvan invest €1000

>> No.20701264

>>20701117
I will try to explain it:

It's an enhanced ponzi scheme in the first phase.
But this ponzi is so high IQ it will develop a stablecoin (second phase - "No more ponzi around") when at 1$ because the buy power will be so insane at that moment.

>> No.20701320

>>20701264
>high iq
lol no the ico was only for 10% of the tokens at $5M. it later dumped even below $1M.
What happened is that devs silently bought most of the released supply using a fraction of the ico money, they now control >99% and started buying their own tokens to pump the price, fomo followed, they are now unloading into the pump

it's going to end when the price is inevitably below $1, people are going to panic knowing the rebase is going to be negative, making the price drop even more. This could collapse 90+% in one day, it's going to be funny.

>> No.20701333

Imagine price is going to the ground. What's next? Supply will be increased infinitely?

>> No.20701355

>>20701117

The whitepaper literally states that it will gravitate towards $1 and will rebase it's way there until it becomes a stablecoin. You are seeing it do exactly that. It's not promising bitconnect levels of shit.

>> No.20701374

>companies that generate profits
Hahaha good joke.
UBER will never make a profit and their MC is ridiculous.

>> No.20701376

>>20701320
I taste your saltiness

Maybe you are right, maybe you don't. It's all speculation till then. But even if it falls to 0.10$ I still have profit.

>> No.20701392

>>20701355
Imagine believing this bullshit. This token generates no income and has no utility at all. Without constant infusion of new speculative money the marketcap trends towards zero. Which is what was happening before the recent pump - the only market cap floor was from the devs slowly buying up the supply at a valuation below the ico.

>> No.20701402

>>20701117
So is every crypto a scam now?

>> No.20701412

>>20701374
I hate capitalism for this, something that theoretically does not exist but practical it is. same goes for Tesla. Can't wait for the moment I can short on them

>> No.20701415

>>20701320
yeah when the mcap was low retard lmao
got any proof the devs own 99% of the coins?

>> No.20701424

>>20701402
>now

>> No.20701426

>>20701402
there are coins and tokens that generate or are going to generate income from some utility.
Everything else is is a ponzi variation, yes.

>> No.20701440

>>20701426
yeah thats not how ponzis work

>> No.20701468

>>20701440
a ponzi is something where profits for current 'investors' come exclusively from 'investments' made by subsequent 'investors', which means the scheme collapses without new 'investors'.
Details don't matter much.

>> No.20701527

I pulled out to early. Called the second correction perfectly, sold very close to the top and knew it would bounce... But I didn't buy back in much at all. Only have 13k value in the geyser and like... 5k ampl or something. I profited at ton but my God. People dumber than ripple holders are buying, it HAS to crash.. r-r-ight?

>> No.20701535

>>20701320
You fuckin moron, you know you can see the token distribution and the wallets on the blockchain right? God you're stupid

>> No.20701551

>>20700319
Mark your threads properly scampleforth victims. Your delusional pajeet shilling is tiresome.

>> No.20701577

>>20701527
I don’t think so anon

>> No.20701593

Ponzi

>> No.20701596

>>20701527
Hasn't it "crashed" twice now?
People are idiots.

>> No.20701630

>>20701468
yeah what you don't get is people are making money off the price fluctuation and demand over this (the opportunity to become first and secure AMPL%), eventually price will stabilize and rebase too no it won't last "forever" but if this thing is a real deal then it will easily reach top 10 in mcap from here on easily. They have first mover advantage, already all the pajeets are shilling the next "AMPL" adding to its brand. If you think these things make it a "ponzi" you clearly do not have business acumen to make it in the 21st century

>> No.20701635

>>20701527
I'm still buying. It will go to $10

>> No.20701642

>>20701468
yeah thats not a ponzi. details matter a lot actually
>A Ponzi scheme (/ˈpɒnzi/, Italian: [ˈpontsi]; also a Ponzi game)[1] is a form of fraud that lures investors and pays profits to earlier investors with funds from more recent investors.[2] The scheme leads victims to believe that profits are coming from product sales or other means, and they remain unaware that other investors are the source of funds.
so this isn't remotely like a ponzi. there is no intentional deceit or fraud here, how the coin works is laid out obviously to everyone on their website and literally everybody knows its speculative and that its going up in market cap because of other investors

>> No.20701649

>>20701527
You know why it won't crash because everyone will keep the price above 1.05$ to keep getting interest. It's like a decentralized bank

>> No.20701688

>>20701392

So DAI, USDC and Tether have no use? When Ampl stabilizes at $1, I'm using my stack for backing transactions for future crypto buys and swings, especially with the liquidity here. There's a reason people are saying it will primarily eat Tether's market cap and not ETH's.

>> No.20701706

The people saying the team owns 99%... have you ever looked at the blockchain In your entire career. I feel like that’s something you should learn how to do lol

>> No.20701709

>>20701635
See what I mean? These people are fucking retarded.

>> No.20701735

>>20700319
im just going to pool all my AMPL and receive a nice payout on every rebase!!! this is better than ETH!!!!

>> No.20701766

>>20701688
why would it stabilize? it has the same mechanism as every worthless token, market cap is going to fluctuate like in everything else. The only difference is that if it drops 50% rather than owning 2 ampl worth $1 it's going to be change into 1 ampl worth $1. Your collateral value is still going to drop 50%.
>>20701706
are you retarded? you think the team can't own multiple addresses in secret?

>> No.20701825

>>20701766
Wow no way if the marketcap drops your value drops? You’re a goddamn genius

And LOL yes they created thousands of their own fake addresses!!!! You figured it out

>> No.20701844

>>20701038
If the LP moves over to something like BNT v2 where you have single token exposure, liquidity amplification and mitigated impermanent loss then it would be a no brainer to lock up in the geyser

>> No.20701895
File: 207 KB, 1542x1360, 1595664401265.jpg [View same] [iqdb] [saucenao] [google]
20701895

>>20701709
It might go to something like that and crash back down to 4 dollars or something
If that happens we hit singularity. Sign me the fuck up senpai

>> No.20701959

If I want to 2x on this then how much does the marketcap have to move? 10% or 100%? does it depend how much cash I put in?

>> No.20701977

>>20701766
Weak fud

>> No.20702027

>>20701959
Ohhh my god is this your first day in crypto.

The marketcap would have to x2 for you to x2

Jesus, fucking, christ

>> No.20702149

>>20701811
>>20701811
Fair warning.

>> No.20702424

>>20701766

Because at high enough market caps, it will take more to move away from $1. Whales will have less and less sway. They are not promising it will go $100+, the coin will always head to $1. This isn't Tesla stock.

It did drop 50% before and rebased accordingly. Any other coin, you get fucked.

>> No.20702504

>>20700616
Nobody even talks like this, you can't see the forest for the trees because your pea brain is overwhelmed by the concept of a rebase

>> No.20702507

Could BTC and ETH mooning be correlated to people buying it to purchase AMPL? There's a lot of new money being thrown into AMPL and I assume that's how it works.

>> No.20702691

>>20702616

>> No.20702785

>>20702149
>.50c means -50% negative rebase
found the retard, next

>> No.20702915

Literally bitconeeeeeeeect 2

>> No.20702953

>>20702691
>posting in every thread desperately trying to fud his way to lower prices
Just buy now it’s not gonna work

>> No.20703079

>>20700993
the correct move is to hold 2/3 of your ampl and to stake 1/3 in the geyser. the geyser cuts your rebases in half bc you need to stake eth too, but the upside is that, because of impermanent loss, and the fact that everyone is buying ampl, you basically end up selling your rebases from the staked ampl just because everyone is buying it. I staked 1 eth in 20 something of June, and if I pulled from the geyser now I'd get like 10 eth, plus ampl. the ceiling is lower, yes, but the floor is much higher. plus, if everyone stakes a part of their stack, there will be more liquidity, and the price impact of a potential whale dumping will be much smaller

>> No.20703083

>>20702027
lollled good!

>> No.20703160

>>20702149
anon, you are misunderstanding. there is NO REBASE between 96 cents and $1.06 because that is the target of the protocol. not only that, but negative rebases are capped at -10%.

>> No.20703281
File: 284 KB, 640x480, 1585081100588.png [View same] [iqdb] [saucenao] [google]
20703281

>tfw the first thread on AMPL you entered was on june 28.
>you did some research but concluded that it was a scam
>had you invested youd be up over 60x
>finally invested a week ago and only up 3x
i missed out on BTC-tier gains once again...

>> No.20703321
File: 495 KB, 1536x2048, 81E5991A-5153-4630-B2A3-80BB04CC55C5.png [View same] [iqdb] [saucenao] [google]
20703321

Sustainable.jpg

>> No.20703325
File: 43 KB, 660x371, beeetconnecctttt.jpg [View same] [iqdb] [saucenao] [google]
20703325

>>20703281
I mean, you can conclude something is a scam but still make money off of it.

Curious though, do you still think its a scam?

>> No.20703345

>>20703281
3x is fucking insane ROI. I'd throw my money at something like that every time rather than a potential moon shot.

>>20703321
>he still doesn't understand how rebase works

>> No.20703377

Fuck it, exchanged 100 linkies for some AMPL. Going to see if I can ride some linkie gains.

>> No.20703399

It was amazing watching it not give a fvck about btc volatility

>> No.20703406

>>20703321

no one is saying you are going to get 160 days with average 10% rebases. Two month later you could be getting 3% and a month or two later barely 1%.

>> No.20703420

>>20703325
i dont think its a scam anymore. im sure the people behind AMPL mean well but I do not think the current ~10% rebase per day will last. that said, im wrong 99% of the time so im going to keep holding

>> No.20703482

>>20703420
it won't last anon, but we don't know how long it WILL last. this is a narrow window of opportunity to make window. ampleforth in its final form is around $1 and no longer an investment, so the goal is to compound as many ampls as possible by then.

>> No.20703508

>>20703482
How long?

>> No.20703510

>>20703482
to make money****

>> No.20703531

>>20703508
i think positive rebases /could/ keep happening for months as the price tries to target $1 because of this crazy rising demand. that's why i'm invested

>> No.20703566

>>20703508

People are saying at least till the end of the geyser initiative. But I'm not sure if geyser would have bearing on continuing day-by-day rebases. A smarter anon would have to help me out on this.

>> No.20703826

>>20703566
Do you put your AMPL onto the Geyser for rewards?

>> No.20703858

>>20703826

less rewards but less risk.

>> No.20703868

>>20703566
As volume increases geyser payout becomes better for larger investors. Geyser also nullifies impermanent loss from what some bigger whales have told me. If you're not liquidity farming in AMPL you're doing it wrong.

>> No.20703894

>>20703868
>>20703858
Is the Geyser the primary way to liquidity farm?

>> No.20703913

>>20703566
The geyser already has been discussed to continue after its initial period ends (end of August?)

>> No.20703975

>>20703281
Same but I didnt think it was a scam it just took me a long ass time to wrap my head around the concept

>> No.20704002

>>20703913

Yeah I've heard but I was wondering if geyser being active has influence on average daily rebases for wallet holders (apart from market cap increases). I wonder what effect it has on the market when the first one ends.

>> No.20704139

Considering your geyser rewards are subject to the rebase, same % as UNI-V2 WAMPL/ETH pair you're staking,
what timeframe can you expect your geyser rewards to outpace your initial investment?
Keep in mind with a 10% daily rebase you get a ~+10% increase (imp. loss) in your staked amount, but the geyser reward money is a faucet that keeps dripping money based on the amount of staking AMPLs that increased from the rebase.

So your geyser rewards are in fact growing faster than a vanilla stake. (staked uni pair rebases + (faucet drip * staked uni pair increase) + geyser stack rebases) instead of plain vanilla rebase.

>> No.20704257

>>20700413
I just understand how ampl works and black hole is an excellent analogy. This thing is very interesting

>> No.20704320
File: 29 KB, 1331x837, gaze.png [View same] [iqdb] [saucenao] [google]
20704320

>>20704139
my point.

>> No.20704357

>>20704320

Hmm, now I'm intrigued. I read it was better to hold but wasn't so sure.

>> No.20704390

>>20704139
>>20704320
Are geyser rewards subject to the rebase?

So if I have 2k AMPL, I swap them all to UNI V2 and deposit them into the geyser, will my UNI V2 tokens be subject to increases/ decreases from the rebases?

>> No.20704445

>>20704320
Is this because of the multiplier?

>> No.20704493

>>20704390
Yes and yes.
But the yield is lower because impermanent loss.

>> No.20704532

>>20704445
No this is because the faucet drips and at the end of the 24h period you have more tokens than at the start.

>> No.20704575

when's the next scheduled rebase?

>> No.20704597

>>20704357
Immediate yield is better but it's more linear whereas geyser is slower but more exponential.

>> No.20704617

>>20704493
>because impermanent loss
if ampleforth migrates over to bancor v2 which basically eliminates impermanent loss, ampl will have a 2017 style face melting pump

>> No.20704632

>>20704597
By immediate yield you mean just holding in a wallet and netting from rebases?

>> No.20704655

>>20704597

Yeah, I'll have to research it more, thx.

I'm trying to maximize gains roughly in the window of the first geyser's span.

>> No.20704703

>>20704575
Everyday at 10 PM ET

>> No.20704722

>>20704632
Yes.
Consider a vanilla wallet with 1000 AMPL, you get 10%, at the end of the period you're left with 1100 AMPL,

now the geyser, if your daily geyser yield is 10 AMPL, and you have 1000 AMPL there at the start of the period, at the end of the day you have 1010.
same rebase 10% is 1010 *1.1 = 1111

>> No.20704780

>>20704722
Gotchya, that makes sense. I am still trying to figure out how these governance tokens work and what not, but it sounds like not much action would be needed on my part to take advantage of the geyser yields + rebases

>> No.20704823

is there a set amount of time a day you need to hold it to recieve a rebate?

>> No.20704875

>>20704780
experiment,
I went 50/50 vanilla / geyser and I just thought id check how the geyser stack behaves with the rebase yesterday, it was a nice surprise and good food for thought.

>>20704823
No, everything gets the rebase, even if it's 0.1 AMPL.

>> No.20704931

>>20704722
Does zapper.fi work with geyser?

>> No.20704952

>>20704931
y

>> No.20704975

>>20704952
You're a god. Thank you.

>> No.20705010

>>20704875
Gotchya. Do you buy in usually right after the rebase or before? Trying to figure out the sweetspot, since the price doesn't do a straight 10% drop with each rebase.

>> No.20705078

>>20705010
Buy in today,
if you can manage to get a dip good on you, but just buy in, in a couple days it wont really matter if you were able to score 1000 more or less. the compounding interest just crushes everything else.

>> No.20705225
File: 706 KB, 700x700, MYYYYYYYYYY ALLLLLLLLLLTTTTTTTTTSSSSSSSSSSSSSSS.png [View same] [iqdb] [saucenao] [google]
20705225

>>20705078
>these gas prices

>> No.20705255

>>20705225

yeah its robbery. ETH needs to fix this sooner or later.

>> No.20705271

so i buy on bitfinex
then what?

>> No.20705491

>>20705255
With how much gas this is going to cost, I almost think staking in the geyser isnt worth it unless you have 1k+ AMPL in it

>> No.20705742

does impermanent loss on uniswap use ampl price or market cap for the split calculation of your stack? if you wanted a higher AMPL exposure because you believe AMPL will be >1 billion market cap in 75 days when you get out of the pool, wouldn't you hop in at a high AMPL price of like $2.50 so impermanent loss turns into impermament gains when ampl gets closer to $1? only works if uniswap uses the price and not the market cap though and would be some serious black magic fuckery

>> No.20705787

>>20705742
It uses the AMPL/ETH ratio, so yes it uses the price.

in your example, if you were to add liquidity at something like $2.50 and AMPL only ever went down slowly from there, then yes you would slowly be gaining more AMPL
Of course, if you think that something nuts happens like AMPL listed on binance or coinbase, or just the whales go for another meme cycle pushing it to $4 or higher, then you will get assfucked by impermanent loss.

>> No.20705808

>>20705255
Surely if this is a sure thing 100x you won't mind paying an extra dollar fee? :)

>> No.20705827

>>20705787
imagine this going on coinbase, normies buy it, and then get pissed when they see 10% of their ampl gone overnight
kek

>> No.20705894

this hasnt even hit coinbase yet brainlets... and its going to soon

>> No.20705925

>>20705894
doesn't even need it to be a liquidity black hole, geyser guys don't earn from coinbase

>> No.20706025

How high will the mcap go? No meme answers please.

>> No.20706052

>>20705894
Would this shit even work on coinbase?

>> No.20706063

>>20706025
$10B is not a meme. This is better Tether.
Tether has already censored and blacklisted addresses, rendering it useless long term.

Not to mention the elastic supply allows for infinite marketcap growth to meet the needs of crypto.

>> No.20706079

>>20706025
1-10B imo.

I'm not TA expert but im OG cryptoguy and i can see dump on 1B but it will be eaten up and we ride to 10B+ MC and probably it'll settle down there.

>> No.20706104
File: 11 KB, 400x400, 2131231.png [View same] [iqdb] [saucenao] [google]
20706104

this will go to CMC #3 and overtake tether doesn't it?

this either flips BTC or goes to zero. nothing between.

really, what happens if ampleforth overtakes bitcoin?

>> No.20706138
File: 34 KB, 625x217, 312313.jpg [View same] [iqdb] [saucenao] [google]
20706138

>> No.20706174

>>20706063
>>20706079
The creators are calling this an experiment more than anything. Would an experiment have the staying power to replace some of these stablecoins like Tether?

>> No.20706189

>>20706025
It can hit over 10 billion. The beauty about AMPL is that it won't ever price normies out of buying some, because AMPL is designed to stabilize between $0.96 and $1.06 one day, so we should have new money coming in regularly, until AMPL develops a massive market cap (hopefully). Also, the rebases are too attractive to ignore, and will compel people to hold their AMPL for much longer periods of time instead of selling off impulsively. If the whales are smart then they'll hold until AMPL has at least a 10 billion market cap, because then AMPL will be a lot more stable and less affected by people cashing out millions at a time. To put things into perspective, AMPL hasn't even been listed on the major exchanges yet. Once it does get listed, and normies see some random coin hit the top 10 out of nowhere, then we might see exponential growth from there on a monthly basis. I truly believe a 10 billion market cap is FUD. The elastic supply protocol makes every other "stable coin" obsolete.

>> No.20706190

>>20700319
ampl holders are in for a rude awakening upon the first negative rebase. this project isn't special they just found a way to obfuscate price.

>> No.20706199
File: 155 KB, 840x648, 235-2353753_post-thinking-pepe.jpg [View same] [iqdb] [saucenao] [google]
20706199

>>20700319
Should I have my money in ethereum or ample?

please be honest

>> No.20706234

>>20706104
Then it poises itself to become THE currency of the fourth industrial revolution/singularity. AMPL is a black hole that will take market cap and value away from ALL currencies, crypto and fiat alike.

>> No.20706237

>>20706199
Both.

Then stake it.

>> No.20706246

From another Anon a few days ago...

In simple terms, $AMPL is a protocol that can serve as crypto’s Federal Reserve. Here’s how the Fed works (basically). Currently, the US dollar is the world’s de-facto global currency. Debt, contracts, stocks, bonds … everything — is dominated in dollars. It’s the world’s most trusted currency (for the moment).

This reliance on the dollar led to a problem: There aren’t enough dollars to satisfy demand. And, without dollars the global financial system would seize up. Ordinarily the rush to the dollar (and reliance on it) would cause the value of the dollar to skyrocket against other currencies. That would cause a lot of problems, so the US Federal Reserve prints trillions of dollars to inject liquidity into the market to satisfy global demand.

The Ampleforth protocol can be viewed as an automated Federal Reserve. It is a scalable synthetic currency that is not backed by collateral, only itself, a primitive like Ethereum and BTC. Like the Federal Reserve, the protocol expands when demand is high, and contracts when demand is low.
But, there’s a crucial difference: When the Federal Reserve prints dollars the first beneficiaries are banks. What do bankers do when they get money? They invest it into stocks, bonds and other assets. The Federal Reserve’s money printing has led to an asset bubble where stocks do nothing but go up.
As I mentioned before, the Ampleforth protocol has the ability to inject liquidity into the crypto ecosystem when demand is high, and remove liquidity when demand is low. This is all achieved in a rules-based, automated fashion with no human and political intervention. Unlike the Federal Reserve and bankers, the extra liquidity generated by the protocol (in response to demand) is given directly to $AMPL holders who are encouraged by the protocol’s rules to sell their tokens to the market. This helps transfer liquidity to the ecosystem (and achieve price stability).

>> No.20706256

>>20706190
F. A. Hayek, the recipient of a Nobel Prize in economics, would disagree with you.

>> No.20706264

>>20706246
Here’s another way to look at it: holding AMPL is no different from owning Bitcoin when it rose from $1000 to $10,000. But, instead of price gains, holders enjoy supply gains. The AMPL protocol is only re-directing capital’s energy from spiking the price (which only helps holders), to increasing the token supply (which can help redistribute capital to other sectors of the crypto economy).

This is just like capital provided by the Federal Reserve is expected to go from banks to other sectors of the US economy. The plan is for the $AMPL token to reach a large enough size to be integrated into exchanges, lending products, etc. And the team has launched liquidity initiatives, that are no different (in spirit) from other bootstrapping efforts, to do so.

So to sum up:
-What is $AMPL aiming to become?: A decentralized People's Federal Reserve that can solve crypto’s liquidity crisis with a non-censorable, sound (non-dillutable) currency.

-What is the end goal?: To replace Tether writing with $AMPL printing.

-Why do holders receive new supply?: When demand is high, instead of encouraging holders to hoard tokens, which leads to supply shocks, they are encouraged to sell surplus $AMPL for crypto assets that can be re-directed to other parts of the crypto economy, not stuck in wallets

As you can see, $AMPL is NOT a Bitconnect promising unsustainable ponzi-like gains.
The Ampleforth Protocol is aiming to be the People’s decentralized Federal Reserve.
The perfect asset for the Search for Yield Era.

>> No.20706282

>>20706199
Both. I would do a 40/60 split between ETH and AMPL. If you have LINK then hold onto that too.

>> No.20706286
File: 6 KB, 245x206, images.jpg [View same] [iqdb] [saucenao] [google]
20706286

>>20706237
Okay but I'm going to be honest I only have 1400 dollars in value. Is it still worth it to stake and split my funds on both cryptos?

>> No.20706295

>>20706190
Negative rebase implies the volume weighted average price for the day is <$0.95. The amount of significant sell pressure would imply we were low to begin with, i.e. closer to a stabilized market cap. There will be plenty indication that a negative rebase is coming to give you time to react

>> No.20706309

>>20706286
In that case AMPL and Link and like 5-10% ETH for Txn costs. Gas prices are going to destroy any % gains you might get from geyser/ yield farming.

>> No.20706310

Friendly reminder that Bancor V2 launches in 5 days, and will provide a way to get free AMPL with 0 impermanent loss.
I was lurking the Bancor telegram just now and an admin confirmed that day 1 of V2 launch, users can make an AMPL pool.

Imagine the liquidity with absolutely 0 impermanent loss.
Imagine the amount of AMPL whales that will NEVER sell, and just get free money without risking impermanent loss.
fuck bros we are really going to make it

>> No.20706332
File: 7 KB, 248x203, images2.jpg [View same] [iqdb] [saucenao] [google]
20706332

>>20706309
I have about 320 in link already.

>> No.20706340

>>20704575
go onto telegram roi bot and ask it

>> No.20706394

>>20706310
How is Bancor going to avoid impermanent loss?

>>20706332
Then rest on AMPL. Once AMPL starts climbing to $1bn MC start accumulating more link.

Use AMPL to accumulate Link

>> No.20706430

>>20706394
>How is Bancor going to avoid impermanent loss?
You can read up on V2 with google my friend. The basic idea is that they use LINK oracles to get the price of assets and re-adjust the % reserve accordingly, so that pools dont need to stay 50-50, it can be 75-25, 90-10, etc.
Pool is incentivized to head towards 50-50 because of fees, though. They stress tested the network for weeks and it only ever strayed single digit %'s

>> No.20706443

>>20706394

This!!!
>>20706332

>> No.20706465
File: 30 KB, 227x153, dumb idiot.jpg [View same] [iqdb] [saucenao] [google]
20706465

>>20706394
>>20706443
thank you frens

>> No.20706472

>>20706310

yes, I've heard that BNT v.2 will avoid permanent loss, but how does this work? Will definitely be putting 50k in the LP if that's the case and it offers a chance to enter the geyser the same way as Uniswap. AMPL will explode.

>> No.20706485

>>20706430
So essentially the pool adjusts based on market prices - couldn't this cause a liquidity shortage though in a certain asset if a pool adjusts the reserves too low?

Or am I misunderstanding?

>> No.20706513

>>20706472
>>20706485
Here is an article written by Chainlink about it:
https://blog.chain.link/challenges-in-defi-how-to-bring-more-capital-and-less-risk-to-automated-market-maker-dexs/

If it's good enough for sergey, its good enough for me to trust

>> No.20706524

>>20701844
>bnt
it's all true. the rumors. the partnerships. everything.

>> No.20706541

>>20706246
>>20706264

ampleforth is the digital dollar. im so excited that im shaking

>> No.20706566

>>20706025
how does 1 trillion sound?

>> No.20706581

>>20706485
from what I can tell, that's the whole idea. supply and demand at work. It's an organically throttled measure.

>> No.20706606

>>20706524
Explain please, should I buy bnt or ampl?

>> No.20706632
File: 5 KB, 243x250, 1546982046845.jpg [View same] [iqdb] [saucenao] [google]
20706632

Ampleforth kills bitcoin.
How?

>Ampleforth will pump to 10B MC, overtaking tether
>hype increases and everyone cash out Tether to buy AMPL, tether crashes
>whales switches to ETH to gain as much AMPL as possible
>because theres no ETH 2.0 the fees skyrocket and ETH blockchain gets jammed,
>ETH crashes, AMPL will overtake ETH
>Whales switches to last resort, BTC,to sell BTC to buy as much AMPL as possible, crashing the price and marketcap of Bitcoin
>AMPL overtakes XRP, then ETH, eventually BTC, becaming the first crypto in the world in the history of cryptocurrencies to do that

>> No.20706644
File: 492 KB, 640x640, 1594759526041.png [View same] [iqdb] [saucenao] [google]
20706644

>>20706189
>>20706234
>>20706256
Relax bro, I can only get so hard

>> No.20706680

>>20701320
>basesless speculation about token ownership

Yawn.

>> No.20706724

>>20706632
Very probable scenario. What I love most about AMPL is that it cannot be hijacked by kikes, and once it reaches a certain market cap, whales won't be able to manipulate it as much as other currencies. Investing in AMPL and LINK now will allow anyone to poise themselves extremely well in the future.

>> No.20706762

im ready to buy in kucoin. does it matter which price i get in? help a brainlet here

>> No.20706797
File: 177 KB, 3029x2564, 20200726_092814.png [View same] [iqdb] [saucenao] [google]
20706797

>>20706644
Are you sure about that?

>> No.20706818

>>20706762
No. Time in the game is better than timing the game.

>> No.20706829

Not counting post rebase dumps, seems like around 2.60 is a level we dump. Struggling now for a while to get past it...
I sold and expect to buy back in when we're at $2 or lower.

Did I fuck up and we're going straight to $4?

>> No.20706886

>>20706829
Faggot, shut the fuck up about selling and just hold. If you're talking about selling then you don't know what the fuck AMPL is about.

>> No.20706894

>>20706829
RIP. Prepare the rope

>> No.20706896

>>20706829
I don't think we will hit $4 before next rebase tonight.

I would keep an eye immediately after though. After some rebases the price barely fucking moves.

>> No.20706930
File: 19 KB, 592x498, amplvolume.png [View same] [iqdb] [saucenao] [google]
20706930

>>20706829
>Did I fuck up and we're going straight to $4?
I was extremely close to doing exactly what you just did.
Pic related is why I chose not to.

I think we at least have 1 more retarded cycle to $4 or higher.

>> No.20706933

>>20706829
Linkies say it right
>Swingies get the rope

>> No.20706938

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.20706958

>>20706933
Checked.

>>20706938
This. We broke the top 30 yesterday, and we're already #27. Top 25 by EOD

>> No.20706960

>>20706933
I noticed i spike in ropes prices lately in amazon, i think that’s the only thing ampl is correlated to.

>> No.20706973

>>20706886
>>20706894
swinging is not the same as selling, faggots.

Worst case scenario I buy back in after tonight's rebase, I doubt we'll be much higher than 2.60

>> No.20707028

>>20706973
There's no fucking point. Retards like you are the reason why the world is the shit show that it is.

>> No.20707070

>>20706973
if we get another meme cycle to $3+ you are going to be JUSTed beyond belief

>> No.20707086

>>20706973
because the 30 ETH i Just sold are going to fund boko haram kidnapping of young girls?
Or maybe I will use them to 'cause instability in South America and create a new Venezuela...

Hmmmm...

>> No.20707104
File: 654 KB, 1080x2220, Black Hole.jpg [View same] [iqdb] [saucenao] [google]
20707104

>>20706644

>> No.20707116

>>20707086
meant to answer >>20707028

>> No.20707133

>>20706973
The amount of people waiting their entry point in the next downturn just points to how bullish we still are. Retards need to stop timing this market if they have no clue what's going on

>> No.20707148
File: 16 KB, 393x386, 1412421421421412.jpg [View same] [iqdb] [saucenao] [google]
20707148

I TRIED TO SWING, WORKED ONCE, BUT THE SECOND TIME FUCKED ME HARD, JUST LOST 560 AMPLS

>> No.20707162

>>20707104

This will be the most glorious rugpull in all of crypto history.

>> No.20707194
File: 74 KB, 960x477, 1581930434812.jpg [View same] [iqdb] [saucenao] [google]
20707194

>>20707148
There it is. Have you learned your lesson, or do you want to get fucked hard again?

>> No.20707199

trick 1 in ponzi scam handbook

tell everybody how much you money made off the scam because you need them to join subsequently for you to make more money

thanks for filtering the double digit IQs

>> No.20707224

>>20707133
Listen, I know I took a risk, perhaps unnecessary. But you guys don't seriously think we'll never be under 2.60 again, right?

Even if we go past 4 in the short term, I just have to wait till the next cycle, and buy back in under 2.50 to have the same share of market cap I have now.

And the people who held less ampl than me today, will still have less ampl than me.

why do you people get so bothered by swingies, we're not doing it with your money...

>> No.20707259

>>20707199

There is definitely money to be made in AMPL in the short term but I’m not going to waste huge portions of my LINK stack on a ladder to nowhere that could be rug pulled by whales at any time.

AMPL almost reeks of a scheme to get people to sell LINK/BTC/ETH etc and get effectively liquidated by a pied piper too good to be true.

>> No.20707275

>>20707224
and no I didn't forget about rebases, I know I'd be losing a little money, but it's alright.
Again, It's a risk I choose to take, you guys don't need to get so salty

>> No.20707289

>>20707259
This was my approach. I used some of the gains from my link stack to get a 1k stack of AMPL. Going to ride it out a few weeks and see if I can accumulate some more LINK from AMPL gains.

>> No.20707318

>>20707259
Most whales aren't going to cash out until AMPL has a multi-billion dollar market cap, at which point it won't be a "rug pull". They know that AMPL is going to explode in size once the major exchanges offer it.

>> No.20707320

>>20707289

I did similar and made some small profit and got out. It’s fine as long as your smart about what this is.

>> No.20707337

>>20707224
I don't mind...more pool fees for me! It's just incredibly reckless given the coins trajectory. You keep talking about price, if you don't buy back before the rebase, all your price predictions (which are probably wrong anyway) are no longer relevant. Much more than 50% chance you will lose value by swinging. Good luck

>> No.20707339

>>20707318
Any words on major exchange integration such as coinbase binance etc?

>> No.20707349

>>20707320
Lmao. Stay poor pleb. You are literally the bitcoin pizza guy.

>> No.20707373

>>20707339
Not that I know of, but you can bet they're all horny af at the thought of listing AMPL, considering how much ass it has kicked so far

>> No.20707376

>>20707318

Trusting or thinking you know what whales will or won’t do is an extremely shaky practice.

The moment there is greener pastures they will move on. They have no attachment to projects, they don’t have personal ideologies, they don’t care what is in the top 10.

They WILL move on and there WILL be a rugpull.

>> No.20707395

>>20707337
it's not like I took it out to my bank account holding zimbabwean dollar.
It's all in ETH, which is also mooning, It'll be fine either way.
Good luck to you too

>> No.20707440

>>20701392
You are the living embodiment of the AMPL midwit meme. You must go back.

>> No.20707446

>>20707376
>They WILL move on and there WILL be a rugpull.

Fun theory, but very unlikely. They can get passive income on it, and these bancor v2 pools are a game changer as a previous anon said, though I doubt you understand that

>> No.20707462

>>20707376
Kys retard. With any other token you'd be correct, but the rebases exploit everyone's dopamine receptors in order to keep us all bought in for the long haul. You really think these whales are going to sell BEFORE the major exchanges begin to offer AMPL? They wouldn't be whales if they were that stupid. Once AMPL is on the major exchanges we're going to see insane exponetial growth. AMPL has already killed shit coins like RSR, and it hasn't even really gotten started yet. 10 billion market cap is FUD

>> No.20707487
File: 789 KB, 750x902, 1586739249114.jpg [View same] [iqdb] [saucenao] [google]
20707487

>>20707462
Bro I told you to relax

>> No.20707847

join the rebase party bitchessss

>> No.20708562
File: 26 KB, 720x707, 1516141531190.jpg [View same] [iqdb] [saucenao] [google]
20708562

>>20707395
How's that swing at 2.60 feeling

>> No.20708587

>>20707194
I'm good now fren

>> No.20708650
File: 70 KB, 1024x903, 1586460085937.jpg [View same] [iqdb] [saucenao] [google]
20708650

Ampleforth? more like AMPLEFARTS HAHAHAHAHHA

>> No.20708679

In this moment this is the easiest and comfiest hold, and people still feel the need to swing, sad!

>> No.20708711

>>20708679
I need that dopamine rush fren

>> No.20708876

>>20706973
OH NO NO NO SWINGERS GET THE ROPE

>2.70

>> No.20709031
File: 80 KB, 750x267, 10C95A8F-4E80-411B-BC5C-B99D70243BDB.jpg [View same] [iqdb] [saucenao] [google]
20709031

Comfy af

>> No.20709080

>>20709031
Fuck akropolis cost me 540K$ i hesitated on 25th june when ampl was first shilled here i could have x10.

>> No.20709118

>>20709031
based future millionaire

>> No.20709310

>>20708679
It'll go from comfiest to scariest real quick

>> No.20709322

>>20708650
It's all water under the fridge, bro

>> No.20709381

>>20708650
jokes like these are a diamond dozen

>> No.20709477

>>20708650
Sometimes you just have to swallow your prize and accept the fax, AMPL is here to stay

>> No.20709539

>>20706138
kek

>> No.20709681
File: 46 KB, 569x571, 1590593115005.png [View same] [iqdb] [saucenao] [google]
20709681

i'm not even slated to make a million before taxes with how little I can invest
it's over

>> No.20709728

>>20709539
fuck i only have 116
need to buy more

>> No.20709763

You guys are fully retarded. What happens when an investment makes everyone who buys it rich on paper ? Nobody has literally lost any money

Think about that. When it comes time to cash out there will be more pink wojacs in here than ever before. It will be glorious

>> No.20709814

lol wtf was that, did someone just fatfinger the price up 0.13 cents

>> No.20709849

HOYL FUCK 2.80 IM GONNA REBASE

>> No.20709853

I own AMPL. I have a self destuctive personality. I'm going to start Fuding AMPL. becuase things are going to good. FK AMPL. Shitr coin scam. curry.

>> No.20709858

>>20709763
Sounds fun. We're all banking on a lot more new money entering, more than just /biz/. Hitting top 10 on cmc will make it a reality.

>> No.20709872

>>20709849
OH MY FUCKING MOTHER OF DICKS

SOMEONE BOUGHT HALF A MILLION DOLLARS WORTH
ITS HAPPENING BROS

>> No.20709877

>>20709814
looks like it

>> No.20709899

I only need this to go for two more two weeks cycles im set for life.

>> No.20709902

>>20709849
REBASED (based and redpilled)

>> No.20710103

What will I realistically make if I drop $1000 into this now and hold for a few months?

>> No.20710149

I still don't understand how this isn't a ponzi, but I will just HODL for a couple months
>tfw of insufficient brainz

>> No.20710173

>>20710103
No make it times are over unless you got .5 mil to dump. You def might get a used 2017 honda in month.

>> No.20710199

>>20707104
So at this point, what is considered "too late to the game?" Put in $500 for FOMO about a week ago but I've been putting in a bit more every day now I see what it can do.

>> No.20710215

>>20710173

Can you also look into you crystal ball and tell me how many AMPL I’ll need to afford your mom anon

t. AMPL holder

>> No.20710217

>>20706566
This. I get people are wanting to be more "realistic" so they will reply with a number like 10 billion, but they are still subconsciously using BTC as the metric to judge this by. This is the first token to come along that is genuinely uncorrelated to BTC. We have yet to see the effects of such a thing in the space, but there is no reason this can't have a market cap in the trillions.

>> No.20710243

>>20704617
Please explain this more I don't get it I'm a brainlet but at least I hold 20k in AMPL

>> No.20710257
File: 22 KB, 251x242, 156234870234789.jpg [View same] [iqdb] [saucenao] [google]
20710257

>nearly $1B market cap
>$50M in daily trading volume

>> No.20710258

>>20709763
Yes. But we have plenty time until this happens.

>> No.20710287

>>20710257
>he thinks bot and wash trading is good

>> No.20710335
File: 106 KB, 632x1952, 1576196005478.jpg [View same] [iqdb] [saucenao] [google]
20710335

>>20710287
>he thinks there will be any exit liquidity at all

>> No.20710343
File: 143 KB, 1062x1080, 1593412816817.jpg [View same] [iqdb] [saucenao] [google]
20710343

>>20700319
damn it feels good to hold this coin

>> No.20710361

>>20710335
>new liquidity ATHs on a daily basis
>ATH liquidity in Uniswap history
>invested in by the CEO and founder of coinbase
>not even on coinbase yet

>> No.20710565

I just used uniswap for the first time to buy 250 of this coin, what this rebase thing every keeps talking about?

>> No.20710636

>>20710258

when is this magical time that eveyrone is going to cash out at the same time? whales have been selling off their profits all week and people are eating up the buys - exactly how it happens in a healthy and functioning market. If this was a ponzi like idiots keep calling it, that wouldn't be possible.

If there's some meeting where everybody decides the perfect time to pull out and crash this, please send me an invite. otherwise shut the fuck up.

Geyser liquidity incentive is still in place, and devs have said it will likely be extended or replaced. Midwits are missing out on so many gains by overthinking this one.

>> No.20710648

>>20710565
in 7 hours you will get an extra 10% of coins, the price will go down 10%

>> No.20710712

>>20710565
Sell signal

>> No.20710842

>>20710648

Could be closer to 14%, and continuously the price has risen back up above the point it was where the rebase happens. This is not guaranteed, but evens out while the market cap continues to rise

>> No.20710848

>>20710648
Just by holding them in the uniswap wallet?

>> No.20710877
File: 338 KB, 1080x2280, Screenshot_20200726-122415_MetaMask.jpg [View same] [iqdb] [saucenao] [google]
20710877

What is this about? Sorry I'm new.

>> No.20710882

>>20710848
Yeah, any wallet you hold it in.

>> No.20710909

>>20710882
Thank you!

>> No.20710910

>>20710877
Look man, you dont need that right now, id suggest you forget about this coin for a week and come back

>> No.20710962

>>20710910
Ok thank you. Have a nice day!

>> No.20711031

>>20710848
>uniswap wallet
hahaha

>> No.20711788

>>20711031

We were all new once. I'm getting 2017 bullrun vibes.

>> No.20712591

>>20700577
Based.

>> No.20712638

>>20700616
I'm holding out for a trillion in 3 weeks. Honestly though, you don't understand macro economics, liquidty, monetary police. This isnt about 1 billion mcap shot coins. This is big. Bigger than your little defi mudhole

>> No.20712675

>>20703399
He knows. This multiplied

>> No.20712776

>>20712638
really possible?

>> No.20712779

>>20703508
Devs are pushing for a mcap bigger than then it's reasonable to say directly. By in roundabout words, they designed a token to rival the fed. 3 months geyser is a huge incentive to keep this mcap growing for 70 more days. All the lend and compound stakers are piling in to get higher pay. Then exchanges. Then top 10. Than funds start staking and banks start custodying. Then it grows to rival the fed. Hold on and enjoy waving down BTC from way up there.

>> No.20712795
File: 44 KB, 395x702, image0.jpg [View same] [iqdb] [saucenao] [google]
20712795

gate.io confirmed

Let the rebasing begin!

>> No.20712820

>>20704257
Based

>> No.20712847

How does it feel being a pajeet. Shilling a pajeet scam coin. With other pajeets. Is that really a life worth to live? What are you going to tell your kids or grandkids? Daddy was a pajeet shitcoin shiller who scammed a lot of poor people to make money for already rich people. You guys are really fucking poor and evil and you know it...

>inb4 stay poor fudding faggot you son of a basterd bitch

>> No.20712865

>>20704390
That and you have half as much ampl being Rebased.

>> No.20712896

>>20700319
>>20711269
>>20711269
Every rebase is a taxable event.. When people realize this anyone that isn't either a tax dodger or in love with spreadsheets is going to bail. AMPL is not a stock.. it is "money" to the feds. It cannot be "split". The IRS has specified that new coins received through an airdrop are taxed as ordinary income. You are all fucked.

>> No.20712927
File: 322 KB, 633x453, order_6102.jpg [View same] [iqdb] [saucenao] [google]
20712927

SELL SELL SELL IT'S FUCKING OVER

>> No.20712969

>>20712896
Incorrect, but if you were correct, you wouldn't invest in anything because of taxes? So why are you here?

>> No.20713019

>>20706310
Making it

>> No.20713041

>>20706541
Me too

>> No.20713055

>>20712927
NOOOOOOOOOOOOOOOOO, ITS OVER

I KNEW GOV WOULD GET INVOLVED

>> No.20713111

>>20706818
This

>> No.20713170

>>20712896
no tx, no airdrop. its magic. but seriously, just report your gains and you should be fine. half of biz is too retarded to understand that, you can be sure as hell the IRS looks at this and throws in the towel.

>> No.20713248
File: 24 KB, 400x400, ab1.gif [View same] [iqdb] [saucenao] [google]
20713248

>>20707162
Got my popcorn

>> No.20713327

>>20707224
So like, the price is misleading. If you buy at 3 dollars today and the price declines by 5 percent daily until it hits a dollar than you'd have like triple the amount of money now than if you bought in at 1.50

>> No.20713402

>>20709381
Dime-a-dozen

>> No.20713429

>>20709381
Wait, I just got it. You guys

>> No.20713462

>>20709681
>>20709763
We're at 14k wallets? We grow a thousand a day. We are still just a milk drop and the teet of destiny

>> No.20713551

>>20713429
You have to go back

>> No.20713610

>>20710103
We're at 600mil market cap. If it gets to 3 bill market cap you'll have like 5k. If it if it topples tether at 10 bill you'll have like 20k. When ampl becomes the fed reserve of cryptcurrency at like 280-500 billion you'll have about 500k-1million. Making it.

>> No.20713643

>>20710149
If you bought BTC at a dollar and sold it to some brainlet for a thousand dollars was he buying a Ponzi scheme. Or was he investing in a good idea. He was actually a smart brainlet.

>> No.20713652

How will the irs have any way to know about your rebases if hypothetically you traded at a non-kyc exchange like kucoin?

>> No.20713670

>>20710199
Maths

>> No.20713694

>>20713652
if, when you onboarded your fiat to crypto, you used a KYC exchange (cuckbase maybe) and you left an obvious paper trail to the wallet that holds your ampl, you might need to be concerned

>> No.20713703

>>20710848
Confirmed. Hold it in any wallet, you get rebase same bat place. Same bat time.

>> No.20713734

>>20710877
Bro do your homework. Watch some YouTube videos. For now just hold your ampl. Learn how to stake. Your better offer just holding ampl for now. You will automatically collect Rebases in the meantime.

>> No.20713769

>>20713694
But hypothetically couldn't you wash them through monero or even a btc tumbler before sending to coinbase and then you're only responsible for the capital gains of final withdrawal-initial deposit?

>> No.20713811

>>20713769
>buy eth from cuckbase
>send to random wallet
>send to kucoin from random wallet, buy monero
>now I just have monero

I don’t see how monero solves anything here anon

>> No.20713850

>>20713811
I don't know anything about monero because I only invest in good investments but I thought the whole point was that you could buy into monero, transfer it, and then sell out and nobody could follow the trail behind the monero transfer?

>> No.20713865

>>20712776
Not in three weeks. But yeah as stupid as it sounds a few cryptos are going to be over a trillion in market cap. You gotta understand that there are quadrilions of "loose" money and value and investments and derivatives in the world and ALL of it is going onto the blockchain. The good projects will be holding trillions of dollars of assets on them. AMPL is the best stable coin I've seen yet and it has a chance at the big times. Check out this to see how much money there is in the world and how tiny crypto is now. We got room to grow baby. Like ampl could be a blackhole that eats everybodies lunch. https://www.google.com/amp/s/www.marketwatch.com/amp/story/this-is-how-much-money-exists-in-the-entire-world-in-one-chart-2015-12-18

>> No.20713980
File: 706 KB, 245x275, 1595778205841.gif [View same] [iqdb] [saucenao] [google]
20713980

i cant believe i sold 0.01% of this shit for $12k and its done an 8x since then. WHAT THE FUCK

>> No.20713986

>>20713865
How can it be a black hole? All of a sudden it will go to 7k?

>> No.20714085

I put my pooled eth/ample, worth like $400, into the geyser and the geyser is going to give me 25 ampl/month. Did I fuck up? I feel like I lost this trade.

>> No.20714111

>>20713986
It's a completely new monetary paradigm. Nobody knows how it will play out and how much it will be influenced by the current charged mindset of homo sapiens. I'm gambling this, too much "what if" questions if I wouldn't.
Go listen to Flight of a Bumblebee

>> No.20714135

>>20714085
geyser is for whales, not you shrimp

>> No.20714203

>>20713694
I did that...but I thought the rebase won't matter for taxes

>> No.20714302

>>20714135
So basically I fucked up and lost my eth and ample? Great

>> No.20714366

>>20714302
You'll be fine as long as you help keep us afloat with POSITIVE THOUGHT

>> No.20714378

>>20714085
wtf wouldn't you get more through rebases?

>> No.20714395

I really wonder what the big exchanges are thinking at this point. They're missing out on tens of millions of dollars of daily volume. When binance? When coinbase?

>> No.20714455

>>20714378
That's what I was thinking. The geyser seems like a rip off. I knew this project was too good to be true

>> No.20714466

>>20706829
Swinging with your full stack is a classic novice maneuver

>> No.20714672

>>20714395
they are all accumulating silently. maybe multi B MC we start seeing major exchanges.

or they all thought that it was a ponzi pyramid scam and they missed major gainz

>> No.20714879

>>20714395
I assure you they are salivating at the thought of listing AMPL. If they haven't noticed yet they will soon. The pump (and subsequent rebase) when this gets listed on Coinbase is going to be legendary.

>> No.20714917

>>20714879
fuuuck i need more (116)

>> No.20714930

BASED

>> No.20714965

It will crash as soon as I buy some.

>> No.20715056

what does "pegg to the 2019" dollar even mean. 1$=1$

>> No.20715059

>>20714879
Rebased

>> No.20715221

>>20715056
you must have been born yesterday

>> No.20715246

700M

>> No.20715341

>>20715221
give an answer fag

>> No.20715439

>>20715056
it tracks the consumer index and aligns the incentives to go down or up to $1

>> No.20715606

>>20714455
Rebase is applied to your staked ample, youre fine

>> No.20715744

>>20714879
I can see it going up to $10 when that happens

>> No.20715770
File: 56 KB, 320x360, 376-3767462_403-kb-png-clown-pepe-the-frog-clipart.jpg [View same] [iqdb] [saucenao] [google]
20715770

So, I uh, shouldn't sell before the rebase?