/biz/ - Business & Finance

[Anonymous No.21491116]

The day? August 16th. What I'm still holding? Ampleforth baby

[Anonymous No.21491470]

Someone help me understand why you would invest in this? I hear there are people who put in X amount after the bull run and they've gotten nothing but negative rebases causing their original investment to be halved. So basically they're just watching their investment shrink to nothing while hoping for the coin to moon? I am genuinely intrigued and was considering investing before but i just don't understand the tokenomics of it.

[Anonymous No.21491638]

>>21491470
I bought like 750 of these faggot things and have only lost like 5 ample to rebase. I bought at .86 and .72 so I really haven’t lost much.

This has potential to be a true stable coin based on demand and as such, is designed to have a large marketcap. Eventually the positive rebases will give me 750,000 of these things at $1.

[Anonymous No.21491706]

>>21491638
Ohhhh so the people who lost half to rebase probably bought at a much higher price? Or is it that they bought at a much higher market cap, I hear price is irrelevant for this coin.

[Anonymous No.21491719]

>>21491470
My guess is you are financially illiterate.

[Anonymous No.21491727]

>>21491116
me 2

[Anonymous No.21491759]

>>21491470
retard alert

[Anonymous No.21491784]

>>21491116
i like the idea just can't get my head around the team holding over 50% off tokens that multiply from rebases

[Anonymous No.21491810]

>>21491784
Sergey holds over 60% of Link and don't even get me started on Ripple...you'r point being?

[Anonymous No.21491839]

Bought at 62 cents today and very comfy. Should zoom back to a dollar any day now

[Anonymous No.21491908]

b-b-but guys, with ampleforth, you own a percentage of the marketcap, so price and rebases are irrelevant.

[Anonymous No.21491912]

>>21491784
Number of coins changes but the % held doesn’t change...I don’t think you understand

[Anonymous No.21491972]

>>21491912
would you rather sell when the market cap is 600 million and buy back at 150 million, or hold through a gazillion negative rebases. Which person in this scenario is going to be able to claim the larger total percentage, the person who sold at a profit, or the one who held the entire time watching their stack shrink?

[Anonymous No.21492065]

>>21491972
This is true for all coins/stocks etc.
What you are saying is that if you can time the market you can make more money than a HODLer.
HODLing through negative rebases is equivalent to buying the dip

[Anonymous No.21492105]

I hope this shit rebases until everyone has 1 token to share.

[Anonymous No.21492286]

While I'm extremely bullish on this project, it will never compete with decentralized stable coin projects like RSR. The rebase system is too slow and not reactive enough. I see this as an extremely interesting investment though for swing traders short term and for long-term store of value. When we hit the 300-400m range circulating supply, AMPL will pump hard.

[Anonymous No.21492403]

>>21491912
i understand they always hold over 50% off the supply no matter if mc goes up or down

[Anonymous No.21492491]

Hey, uhhh..... Anyone got any of that hopium?

[Anonymous No.21492569]

the team fucked this up so bad. nobody will ever trust ampl again.

[Anonymous No.21492572]

Will pump hard as soon as Geyser V2 is announced.

Pajeets are fudding the next token unlock and plebs don’t understand these foundation tokens will be allocated as Geyser V2 incentive.

[Anonymous No.21492680]

>>21492572
People unironically put more liquidity into yams than the geyser ... in 24 fucking hours. defi chads and degenerates don't have time for any vc bullshit... and apparently have all the money, too.

[Anonymous No.21492722]

>>21492572
Geyser v2? Got some reading material for all those bold statements there pal?

[Anonymous No.21492747]

Any questions?

https://etherscan.io/tx/0x84c3b0762e1f419f5604429688ab6eb60c4216d85f7b2fa636cad2e443b4ac68

[Anonymous No.21492801]

where does AMPL bounce from? take your bets now

140M mcap - last line of defense on fib retrace
100M mcap - %85 retrace from the top peter brandt meme
64M - golden pocket retrace on both log suppy and mcap chart.

[Anonymous No.21492939]

>>21492747
do you want to sign your wallet with that 621k AMPL

[Anonymous No.21492990]

>>21492722

Let me DYOR for you:

https://www.ampltalk.org/app/forum/announcements-22/topic/state-of-the-network-august-4th-2020-90/

"However, given the rapid growth and success of the Geyser, the Ampleforth Foundation is delighted to publicly reinforce that the ecosystem fund will be devoted to supporting Geyser and Geyser-like programs moving forward. Accordingly, the Ecosystem Fund will now be dubbed “Liquidity Mining Programs” to better reflect the purpose of the token allocation.."

The current Geyser has 54 days left:
https://www.ampleforth.org/geyser/

Don't you think there will be a new Geyser program then Anon?

[Anonymous No.21493131]

>>21492990
Great, by the time the 54 days is up my wallet will have been bled dry. Within a week Ill have to sell because I refuse to go into the negative with this coin but ill be fine just pulling it out and not making any losses or gains. I really didnt want that to happen though :(

[Anonymous No.21493141]

>>21492990
Well, in that very article you linked to, they say that they will continue this kind of activity for 10 years.

"The plan is to distribute the entirety of the Liquidity Mining Programs over the next 10 years in an open participation, rules-based, and decentralized fashion to community and ecosystem participants where possible"

[Anonymous No.21493213]

SCAMPL

[Anonymous No.21493429]

>>21493213
SCAMPL: By far No. 1 liquidity provider on Uniswap
https://uniswap.info/home

[Anonymous No.21493434]

>>21492801
The only golden pockets will be hundreds of jeets pissing in their pants as they try to buy back in once news drops.

[Anonymous No.21493640]

>>21492105
i'd unironically buy at a 4k cap, like a fuck ton.

[Anonymous No.21493746]

strong hands will be rewarded. don't let the fud get to you ampl bros

[Anonymous No.21493820]

>>21493746
We are going to make it

[Anonymous No.21493954]

>>21491470
Because if you catch your money on the opposite end, it doubles. It preys on human behavior so its has super predictable behavior as long as you aren't retarded. Its basically retard tax.

[Anonymous No.21494512]

>>21491706
Listen here.
Above $1 - positive rebases, you receive tokens eg +10%
Below $1 - negative rebases, you lose tokens eg -2%, not as much as you could gain
The share of the coins you hold is fixed, so if you buy eg 450 of them and say that is 0.00015% of the circulating supply, it will remain that forever.

[Anonymous No.21494611]

>>21491470
what you invest is basically the percentage of the market cap that is going to increase or decrease. If I decided to invest right now and the market cap moons, then after the rebase I will get my corresponding ample to maintain that market cap percentage.

[Anonymous No.21494617]

>>21491116
bump

[Anonymous No.21494641]

>>21491470
People invest because they get addicted to the rebasing anon I got addicted every day I loved the dopamine hit I can't wait until the next AMPL market cycle I am literally shaking for another hit of that good shit fuck

[Anonymous No.21494657]

>>21491706
>The share of the coins you hold is fixed, so if you buy eg 450 of them and say that is 0.00015% of the circulating supply, it will remain that forever.
they bought at a mucher higher market cap, that is why their percentage has shrunken the way that it has shrunken

[Anonymous No.21494703]

>>21492801
i've been trading this coin since its major dump, with huge gains! this coin is excellent for traders and for holders. You own a % of the marketcap and this thing will take a nice % of the crypto market cap. Im waiting till 100M marketcap honestly, where 500MA holds on the 4h chart.

[Anonymous No.21494875]

>>21494703
You aiming for 100m Marketcap as an entry?

[Anonymous No.21494953]

>>21493954
>>21494512
>>21494611
>>21494641
>>21494657
And that's why they say that the price doesn't actually matter! You Amplheads have me sold imma buy a big bag and wait for that sweet sweet dopamine hit.

[Anonymous No.21495548]

FUCK THIS COIN RRRRRRRRRRRRREEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE ITS PISSING ME OFF, IT KEEPS BREAKING DOWN WTF AAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH