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/biz/ - Business & Finance


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20741592 No.20741592 [Reply] [Original]

>> No.20741631

>weak hands sold their ticket to Mars on a predicted dip

>> No.20741634

>>20741592
prepare to go sub 2 again after rebase dawg

>> No.20741637

>>20741592
hope ur asshole is still intact when we see 0.50cents. None of the whales have dumped yet, imagine waking up and not banking profits.

>> No.20741677

it's another stealing link meme episode

>> No.20741772
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20741772

>>20741637
NOOOO U CAN'T JUST TELL ME I'LL LOSE MONEY ON AMPL NOOOOOOO

>> No.20741919

this shitcoin is what you get when you redefine "pump and dump" to mean "rebase" the only use for this is to pump the bags of the initial holders so they can dump on you later and then meme "rebase" as if it was some kind of revolutionary idea. cutting the marketcap doesn't increase your money you literal brainlets. someone has to buy your $4 bags in order for you to make a profit but the only way someone would be retarded enough to buy a $1 stablecoin at $4 is if they get meme'd into buying it by literal scammers promoting a literal pyramid scheme.

holy shit biz is retarded as fuck. can't wait for this shit to go to zero already.

>> No.20741946

>>20741919
shhh it's ok. You'll fomo in when the market cap has tripled from here
It took me a while to understand but I eventually got it. I believe in you, midwit anon. you can do it!

>> No.20741974

>>20741592
The best part about this is the haters celebrating, even though as it stands we will STILL get a positive rebase, even after this terrible day

>> No.20741984

Not trying to fud but do you think we'll have another dump from investor unlocks or maybe another whale? My guy is telling me we'll see one more dip, idk though.

>> No.20742112

>>20741946
this shit could go to $20k and i would never fomo into a literal pyramid scheme anon. if the only way i can profit off this is off the backs of other people then id rather not make profits. there are plenty of other solid projects to invest into and make money from without leaving some sad fool holding a bag that will never be worth anything unless you use hype to pump your bags. remember mr.high iq genius, there's no such thing as a free lunch, you might make a quick 10x here and there but you're just fooling yourself if you can't see how degenerate this is.

people promoting this scam are either knowingly scamming others or are suffering from a clear case of the Dunning-Kruger Effect whereby they believe themselves to be so clever but are in fact completely incompetent retards that maybe got lucky a few times but there is always a regression to the mean, look up the law of averages. if you're in this category i feel sorry for you, if you're just a scamming faggot then i legitimately hope you lose all your money and then commit suicide.

>> No.20742155
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20742155

>>20742112
>if the only way i can profit off this is off the backs of other people then id rather not make profits

>> No.20742157

>>20742112
>look up the law of averages
We’re pointing at you and laughing

>> No.20742175

>>20742112
It's just speculation that the market cap will grow and possibly over take other stablecoins.
>if the only way i can profit off this is off the backs of other people then id rather not make profits
Absolute peak poorfag mentality

>> No.20742257

>>20742112
>if the only way i can profit off this is off the backs of other people then id rather not make profits.
the whole market works on this premise dude - yes even btc - supply/demand. the sooner you acknowledge that, the sooner you will make profits like anyone else.

>> No.20742354

>>20741919
You’re the living embodiment of the AMPL midwit meme. Too smart to have gotten in with the dummies when the MC was rising exponentially, and too dumb to comprehend the potential of the project if/when given room to grow and find equilibrium in the midst of a DeFi bull run, let alone long term. You must go back.

>> No.20742446

>>20742354
It's entirely because of the rebase feature, they can't see the forest for the trees

They hear what rebasing is an automatically dismiss the entire project as a ponzi, rather than being intrigued and doing some research

>> No.20742468

>>20742112
>>20741919
Watch their Q&A with Chainlink to understand the fundamental value of the project. It's there, and the apparent ponzinomics are just the result of you not knowing them. You don't understand the logic behind the rebase if you think it's "oh it's just the number changing once a day but everything literally stays the same and it's just an optical illusion."

>> No.20742497

>>20742257
im not here to promote bitcoin either, im just pointing out that this particular shitcoin is a literal ponzi/pyramid scheme. speculating on future value is one thing, but speculating on marketcap is speculating on the future of the speculative value rather than actual value provided. marketcap is a measure of the value of a commodity and increased marketcap in itself does not make something intrinsically valuable. bitcoin gets away with it because it's got first mover advantage and name recognition. if you think bitcoin is any kind of store of value just because it's the highest marketcap crypto then you're missing the point of bitcoin.

bitcoin will be integrated in future blockchains and given utility as time goes on. this particular shitcoin is nothing more than hype for the sake of hype in order to rope in the gullible into buying in so that the early investors can sell every time it does a 4-5x but those that buy at 4-5x will be screwed until they can over-hype it above that threshold.

tl;dr in speculative markets you don't just speculate on future speculation. you speculate on future use-case and value.

>>20742175
it's called having integrity and not wanting to scam people but most of you niggers are degenerate gamblers anyway so i know you'll sell your grandma for a few shekels just like the Jews taught you.

>> No.20742523

>>20741592
got 30% more ampies from retards panic selling, I love it

>> No.20742531

>>20742497
>you speculate on future use-case and value.
That's exactly what we're doing rudypoo

>> No.20742533

>>20742468
it's based on demand, i understand the mechanics behind it, but this demand is manufactured and not organic because we're in a speculative phase and so people are speculating on the future of the marketcap rather than the future of the utility.

>> No.20742558

>>20742497
Lmao Bitcoin is garbage and has no future. Bitcoin is going to 0

>> No.20742560

>>20742531
there's no use-case that will make this shitcoin increase in value other than new people buying your 4-5x and then getting dumped on.

>> No.20742562

>>20742497
>it's called having integrity and not wanting to scam people but most of you niggers are degenerate gamblers anyway so i know you'll sell your grandma for a few shekels just like the Jews taught you.
It's called being a delusional faggot
This isn't a charity
Get off this board if you don't like making money

>> No.20742575

>>20742560
Tell me tether doesn't have a use case, I dare you.

>> No.20742588

>>20742112
Hey retard you can’t sell if no one is buying...”good projects” are as only good as their value and why would you be selling “good projects” unless their is no more value to be had

Even if Apple is a fantastic company if it was say 2-3x overvalued then do you really feel good dumping it on some chump who is dca’ing into his 401k

Two sides of every trade good or bad, fucked or to fuck

>> No.20742624

>>20741592
The left can't meme

>> No.20742635

>>20742497
>>20742497
>if the only way i can profit off this is off the backs of other people then id rather not make profits.
Also what you stated in your previous post applies to literally EVERY SINGLE THING ON THIS BOARD INCLUDING PRECIOUS METALS
So please, leave this board and don't come back

>> No.20742656
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20742656

>>20742112
>make money without leaving some sad fool holding a bag that will never be worth anything
ummm, that's the name of the game
lay off the söymilk faggot

>> No.20742806

>>20742533
Every profitable investment is made on speculation. You have to buy something before it's actually performing its role. You seem to understand this very well - that BTC is useless today:
>bitcoin will be integrated in future blockchains and given utility as time goes on
People are speculating that Ampleforth is fully ready TODAY to be onboarded as a stablecoin collateral and liquidity pools counterbalance in the very short term, as it has already proven to be uncorrelated. This is much more reasonable than assuming BTC will be used for anything and keep growing just because it's big today, which if anything is closer to the logic of a ponzi.

>> No.20742962

>>20742656
>ampl is not a ponzi or pyramid scheme
>that's the name of the game

pick one faggot

>> No.20742981

>>20741592
quite the opposite. i fckng sold the dip

>> No.20743019

>>20742635
the difference is if metal becomes less valuable you can still use it in the real world to make something out of it. including a dildo to fuck yourself with when you realize you bought literal boomer rocks.

this is still more valuable than a shitcoin that expands and contracts the marketcap based on how likely someone is to fall for the scam to begin with.

"oh not many people are buying my scam today? better reduce the marketcap to make it look like it's a better deal than it is" LOL you people are delusional

>> No.20743051

>>20743019
>reduce circulating supply *

which increases the marketcap * "muh number go up"

>> No.20743098

Team just confirmed that they are doing a soft release to avoid any major dumping

Load the fuck up before takeoff!

>> No.20743113

the amount of time you retards spend to write rebbit bait fud gives me such a hardon

>> No.20743134

>>20743098
Source please buddy

>> No.20743150
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20743150

I literally have no idea what I'm doing

>> No.20743155

>>20742806
im not here to defend any particular shitcoin including bitcoin or boomer gold, im speaking in general. there are better projects out there that at the very least claim to have a potential future use-case in the real world. things that perhaps can be adopted by companies/people in the real world. 99% of these shitcoins will die off soon anyway, im just baffled at how stupid people can be to think that simply reducing the circ supply is a valid use-case and adds actual value. i have yet to hear a use-case for this and of course i think we can agree that the burden of proof is on the person making the claim. i dont see the use-case at all, maybe im wrong about this, maybe someone can enlighten me on the topic but just promoting the idea that the circ supply fluctuates in a decentralized way based on supply / demand is not a use-case and only adds to the fact that it's a literal pyramid scheme that hopes to trick people into buy tops so that they can then be left to continue to propagate the delusion to the gullible retards.

>> No.20743206

>>20743155
>9 posts by this id
based

>> No.20743259

>>20743134
I'm just fooling, I have no idea, I just saw a thread about it

>> No.20743378
File: 198 KB, 550x535, retard.png [View same] [iqdb] [saucenao] [google]
20743378

>>20743155
thank you for wasting your precious life time to debunk this frenetic ponzi scheme featuring brian armstrong
how the fuck do you even get to this point anon? please seek help asap

>> No.20743409

>>20743150
based retard

>> No.20743528

>>20743019
>including a dildo to fuck yourself with when you realize you bought literal boomer rocks.
Kek
>>20743019
>better reduce the marketcap to make it look like it's a better deal than it is
The value in your wallet stays the same as long as there aren't a string of negative rebases. It's a nutty concept. Eventually the cap will become so large an equilibrium will be found and rebases will no longer occur
At that point it will no longer be an investment
Until that day occurs, there's money to be made. Look you either believe in it or you don't, same as anything. There's no reason to sit in here and pout about "muh ponzi" when literally everything is a ponzi

>> No.20743675
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20743675

>>20743409
Why are the ETH to AMPL fees on uniswap higher than the fees to buy ETH on coinbase? Also am I retarded for buying on coinbase and transferring to a wallet to swap and hold AMPL? I literally have no idea what to do.

>> No.20743759

>>20743409
Do I need to do the liquidity pool thing?

>> No.20743788

>>20741592
Wow this video shows one of the heads of Ample is obviously 200 IQ. I'm not selling, wow.

https://www.youtube.com/watch?v=jTQiaooeo_U

>> No.20743833

>>20743675
>>20743759

Uniswap has gas fees. and no thats one way to do it shouldn't be a problem. Do swap.

>> No.20743892

>>20743833
>Do swap
Does that mean do the liquidity pool? What does that do for me?

>> No.20743930

God damn it this was the most scared I ever was since holding this shit. Seems to be on its way up.

>> No.20743977

>>20743155
>Taking financial advice from someone who does not capitalize letters after a full stop.

Hard pass, hombre.

>> No.20743988

>>20743150
Same amount
same retard

>> No.20744034

>>20743155
It has a use case you mouth breathing troglodyte, is this your first fucking thread or what?

>> No.20744282

>>20743977
im not giving financial advice, your reading comprehension should be more of a concern to you than some random nigger on the internet making posts on an underwater basket weaving glow nigger board

>> No.20744308

>>20744034
ok, ive replied to a bunch of niggers and no one has posted a use-case so maybe im just a retarded mouth breather.

>> No.20744355

Dude I bought the dip but realized I had a pending transaction that I couldn't cancel. Had to look up how to cancel the transaction. By the time i figured it out it shot past 2.14. It was literally 1.8 for 5 min

>> No.20744371

>>20744308
til; fund reserve with elastic supply have no use case

>> No.20744372

>>20744308
When BTC whales want to de-risk, they can use AMPL instead of Tether as a store of value

>> No.20744384

>>20743528
>an equilibrium will be found and rebases will no longer occur
>you either believe in it or you don't
>literally everything is a ponzi

this is why algorithmic stablecoins will never work. there's no rhyme or reason to them, it's a literal "trust me bro" concept backed by nothing. just like the bitcoin maxipads claim that there can never be a 51% attack on the bitcoin network when it's literally becoming more centralized every year, but "trust me bro" it's not gonna happen. im all for experimenting with our understanding of economics but to shill people a $4 stablecoin is degenerate as fuck and the only way any of you are making any money off this pyramid scheme. if your project relies on "belief" rather than actual proof/evidence that it works as intended then you're already starting out with a flawed premise.

i posted here expecting to be corrected if i was wrong and so far all you've done is confirmed that this is a scam. im not pouting at all. i really hope im wrong. good luck to you guys and i hope this economic model / algorithm doesn't come back to bite you all in the ass causing a mass exodus event.

imagine paying $4 for a stablecoin only to have to wait years just to break even from "muh rebase" and then seeing "muh rebase" slowly end as the hype dies down and you're stuck holding less than half of what you started with in perpetuity. god damn that's pretty fuckin' sad.

>> No.20744421

>>20744308
Right now it's a speculative asset. In the billions of MC when it's gonna take a lot of money to move the price, it should act as a stable coin floating around 0.96 to 1.06 where no rebase happens and can be used as a collateral with no peg to the dollar. That's the future use case. It needs to grow and seek the mcap to stabilize at for equilibrium.

>> No.20744446

>>20744372
how is it a store of value to overpay for an algo stablecoin? whales would have to slowly exit their positions over time or be forced to pay $4 or more for each ampl they buy and this defeats the purpose of exiting a volatile asset like bitcoin that could very well be in the middle of a dump as they exit their positions

>> No.20744472

>>20743892
the pool will put the coins in smart contracts and you get a cut of the fees from people trading with it. Not really worth it for small amounts. I would just swap eth for ampl

>> No.20744482

>>20744384
AMPL later on will be bought and sold not for speculative purposes. Early adopters, if it succeeds, will be rich.

Nobody has a crystal ball to tell if it will happen or not, because crypto in the end is gambling and speculation. It's still a fair bet it could make you some money right now compared to most projects shilled on this board or hoping for the next golden bullrun where BTC hits 1m.

>> No.20744493

>>20744446
They wouldn't be buying this as a store of value when it is $4, they would do it when it is $1 and has a 10 bn MC or more because it is decoupled from BTC and won't tank just because BTC does

>> No.20744555

>>20744421
i get that part, but you have to exit in small increments and only during a specific market cycle or you'll be stuck holding a stablecoin that costs more than the peg and may never return to that price again as it finds an equilibrium.

as people wait for the equilibrium and slowly enter the stablecoin your chances to "profit" go down significantly and so the only way to profit is to shill at $4+ and claim it's some revolutionary technology in order to create fomo and leave people bagholding.

>> No.20744566

>>20744384
Except it literally does work as intended, it's been working as intended the whole time. There's money to be made early as with all things. Hence "everything is a ponzi" to some extent
The rebasing won't stop until the true cap has been found.

>> No.20744617

>>20742112
Poorfag midwit BTFO. Your half-caf triple onions latte is getting cold. You're the exact "retard" you're describing. The ironing is amazing. All you had to do was read about the project and you could've made life changing money. But you didn't because you're either too lazy or incapable of comprehending what Ampleforth is set out to do.

>> No.20744616

>>20744482
AMPL is the stable coin of the future. It's the child of a Nobel Prize winning economist, spawned by a Silicon Valley senior software engineer and his team.

>> No.20744771
File: 304 KB, 2048x1000, ampl.png [View same] [iqdb] [saucenao] [google]
20744771

>>20741592
when will people learn...
they hate us because they think they're too late
they keep waiting for us to drop dead but we never will

>> No.20744797

>>20742112
You were the guy bleeting about Bitcoin not ever going over 10 dollars because it was an obvious Ponzi scheme

>> No.20744873

>>20741592
Why did you all wait to shill it until it was already a $100 million market cap?

Also, how does a US citizen gets rebases from this ponzi? Metamask?

>> No.20744891

>>20744617
look at this faggot. just oozing with scammer vibes. "life changing money" lol okay bro you would not know what life changing money was if it came and fucked you in the ass with a golden dildo.

good luck with your scam, never buying this shitcoin, maybe when it's stable at $1 to derisk.

>> No.20744915

>>20742497
You don't understand the value of liquidity. It's the name of the game, and no crypto has provided it yet. AMPL is the first crypto so far that could.

>> No.20744948

>>20744915
how is it providing liquidity? by getting people to fomo in at more than $1? lol that's called a scam bro. what don't you understand about this?

>> No.20744954

>>20744384
>imagine paying $4 for a stablecoin only to have to wait years just to break even from "muh rebase" and then seeing "muh rebase" slowly end as the hype dies down and you're stuck holding less than half of what you started with in perpetuity. god damn that's pretty fuckin' sad.

Just read the redbook, you fucking pedantic mong. Additionally, you do realize that those who bought in at the ATH price are already well into profit, right?

>> No.20744961

>>20744915
this concept is something that "its a ponzi" boys just do not understand.
infinite supply, infinite liquidity, is one of the most important ideas to ever enter crypto.

>> No.20744975

>>20741592
Not buying back in until they address why investors were not paid today

>> No.20744987

>>20744975
Investors didnt get paid?

>> No.20744990

>>20744948
If AMPL stablizes at a 10B marketcap at $1, it is as liquid and infinitely more decentralized than Tether.

Any higher and it is the single most liquid stablecoin to exist.

>> No.20744991

>>20744961
nothing is infinite you mongoloid. resources are finite. only literal retards and communists believe in infinite resources.

>> No.20745004

>>20744891
>good luck with your scam, never buying this shitcoin, maybe when it's stable at $1 to derisk.
No one is asking you to buy, you've been in this thread throwing out every fud under the sun and you've been btfo every time. But sure go ahead and derisk with it once it's in the top 10, that's what it'll be there for.

>> No.20745030

>>20744873
>Why did you all wait to shill it
Where have you been for the last month?

>> No.20745035

>>20744308
Study macro economics, elastic money supplies, and the liquidty crisis

>> No.20745061

>>20744991
Anon, AMPL supply is infinite. It could "theoretically" have a supply and marketcap of 1 trillion. Do i think that will happen? No.

But if it did, it would be the single best stablecoin to ever exist, whales could enter and exist with hundreds of millions and 0 slippage

>> No.20745068

>>20745030
I've been here. The shilling started after it had already 20x'ed.

>> No.20745072

>>20744987
https://etherscan.io/token/0xd46ba6d942050d489dbd938a2c909a5d5039a161?a=0x89fe954538a92eca58adaec339ca6374af079a13

at least 15 people have asked on the telegram and one on twitter what's going on, nothing but silence from the team as is customary

>> No.20745081
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20745081

>>20742962
>>all crypto is a ponzi or pyramid scheme
>>that's the name of the game
FTFY brainlet
got to learn how to cut that rug & get a piece of it before they pull it.
stay destitute you dumb fuck

>> No.20745103

>>20745004
you mongoloids can't provide a use-case for this scam unless it's back to $1 and then you can derisk by entering a position, other than that there's no use and you're just trying to get people to fomo in. if you dont want to be called a scam don't promote a $1 stablecoin at $4 and then claim there's some "trust me bro" economic model that will make you rich.

>> No.20745119
File: 983 KB, 1080x2520, Screenshot_20200724-164039.png [View same] [iqdb] [saucenao] [google]
20745119

>>20744446
Read based anon.

>> No.20745129

>>20745081
yes im so dumb for not buying your $4 stablecoin LOL brainlet niggers

>> No.20745137

>>20745103
>you mongoloids can't provide a use-case for this scam unless it's back to $1 and then you can derisk by entering a position, other than that there's no use

You're right. That is the only use-case we can present.
If you don't see the value in that use-case, considering it can have infinite liquidity, then thats that.
You just don't get it, and probably never will.

>> No.20745204

>>20745068
Put ampl on any wallet. You'll get the rebase

>> No.20745226
File: 825 KB, 1584x891, 20200713_050711.png [View same] [iqdb] [saucenao] [google]
20745226

>>20745129
>tfw bought in @0.85 & didn't know anything about it

>> No.20745255

>>20745204
How would that work if they have to take Ampl from my wallet though? It's not like they'd have access to it. I get that they can send me more any time. I just don't get the other side of it.

>> No.20745281

>>20745137
the only use case is that it moves differently/independently to other coins due to the rebase gambling, not that is magically becomes more stable in market cap than other coins, otherwise bitcoin would have been a great stablecoin at 20k

>> No.20745325

>>20745255
They don't send you anything. The rebase happens on the blockchain. Likewise, you don't actually hold ampl or eth or any crypt asset in a wallet. What you actually hold is the keys. All your assets are on the blockchain, your wallet is holds the keys to the ownership of a portion of the blockchain. So when rebase hits, the portion of ampl that you have keys for expands with the supply. And that will reflect globally on the blockchain

>> No.20745327

>>20744891
Fucking nailed it, anon. This has all been one giant ruse to steal the $281 you have stashed away in your checking account. You're beyond help and incapable of rational discussion or thought, and you have nobody to blame but yourself. All you had to do was read and comprehend the redbook and you'd be up 50x or better already, like many of us are. But no, the whole concept of a rebase was too much for your smooth, smooth brain to handle. If you're not LARPing as a retard here, which I think you are, I truly do feel sorry for you.

>> No.20745338

>>20745103
>can't provide a use-case for this scam unless it's back to $1
The only use-case until it reaches $1 is making money

>> No.20745366

>>20745281
It has an elastic supply anon. If AMPL were to reach a $10B marketcap, it becomes a better alternative to every single other stablecoin that exists, due to liquidity.

Any other asset that is not purely designed from the ground up to exist as a stablecoin introduces speculative investors who can sway the price.
The idea is that once AMPL stabilizes, the only people trading it will be doing so in a capacity for it to act as a stablecoin

Any other asset, such as bitcoin, will never be comparable because the properties that asset possesses introduce speculative traders which sway the price more, over an extended period of time.

>> No.20745398

>>20744873
My first investment was of roughly $30 and it was thanks to an anon shilling this thing before the bull run. Sorry you weren't paying attention.

>> No.20745407

>>20745325
Thanks for the explanation. I hadn't thought of it that way.

>> No.20745429
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20745429

>>20745327
whatever you say nigger.

>> No.20745468

>>20745226
I'm so pissed. I didn't even look at it for a long time because of the stupid name

>> No.20745482

>>20745119
Kek you took a screenshot of a photo in your gallery then uploaded that. How retarded are you?

>> No.20745513
File: 2.87 MB, 1712x960, 20200726_203901.png [View same] [iqdb] [saucenao] [google]
20745513

>>20741634
You do the math it, doesn't even matter. My stack is so massive that even a minuscule rebase is like a grand at "dumped" prices
>BTFO