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/biz/ - Business & Finance

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File: 2 KB, 300x168, ampleforth.png [View same] [iqdb] [saucenao] [google]
22034972 No.22034972 [Reply] [Original]

>> No.22035001

>>22034972
scam

>> No.22035045

AAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.22035127

Supply finally corrected after extended negative rebae, Sushi, Ampl Collateral and Audited Yam v3 on its way

>> No.22035202

>>22035127
AAVE v2 too

>> No.22035293

Can I get a quick rundown for this coin?

So basically they will try to keep the price at 1 $ and every holder just gets more and more AMPL? Won't make this the currency worthless after a while?

>> No.22035346

>>22034972
AMPL's the cow that never stops producing. It's currently creating a new generation of bagholders (1st generation: those who bought in the first half of July). Expect the price to moon for a couple more days then violently correct.

>> No.22035445

>>22034972
they robbed a handful of people and couldnt get anymore suckers so they ran it up to rob some more people since they didnt get shot . The main thieves are in usa so the chances of them getting executed are pretty near 100% at this point

>> No.22035462

PUMP ITTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT

>> No.22035467

>>22034972
rebase in 1h
>>22035346
I've made 70% on this shit
easiest trade of my life

>> No.22035491

>>22035293
It destroys AMPL in all wallets holding it if the price goes <$1 to decrease supply and increase demand, rising the price.

It creates AMPL in all wallets holding it if the price goes >$1 to increase supply and decrease demand, lowering the price.

It uses a daily rebase at 10pm EST to adjust the price in either direction based on the oracle. It uses a rolling average to nudge the supply in the correct direction, so it's not like it doubles the supply overnight unless demand is literally skyrocketing.

DYOR. Read the whitepaper.

>> No.22035501

HOLY SHIT

coinbase & binance listing imminent!!

THIS IS NOT A DRILL

>> No.22035582

>>22035491

Thanks for the explanation, anon.

I was just waiting to invest into AMPL after the inevitable correction happens.
With such a unique coin, when's the best time to sell it to take in profits? Like right now when it's pumping?

>> No.22035649

>>22035582
no
wait until 0.70$

>> No.22035671

>>22035582
Ideally before a correction, if you are a fast trader than you could potentially take profits straight after a rebase because not only will you have more coins, but they are worth more than the intended target... Though you are betting the price will go down and perhaps you will buy in when the price corrects. If you are a slow trader there is no problems just holding and DCAing until it does become a stable coin at the multi billion dollar market cap... This run might last a while or could collapse back to intended price or below tomorrow... We are in an expansion phase though you have to predict where we will end up based on market cap if you want to swing.

>> No.22035731

>>22035671
Though i must also say best time to DCA is below 1 dollar if it happens again... So you can buy now nor problem, but you will be assuming this run will continue...

>> No.22035774

>>22034972
scamplforth is back, baby!

>> No.22036034

>>22035671
>>22035731

Ty!

>> No.22036331
File: 25 KB, 590x355, ampl1.png [View same] [iqdb] [saucenao] [google]
22036331

>>22035582
that's a good question and it depends on a bunch of factors.
Look at the market cap in the July run. It's textbook bubble.
But you want to maximize rebases, so can't just bank on selling at a high price.

>> No.22036377
File: 18 KB, 586x348, Ampl2.png [View same] [iqdb] [saucenao] [google]
22036377

>>22036331 cont.
So there's a sweet spot where your % of the supply (which remains the same) is at a relative high point, and where the price is attractive.
It's not just "sell high," it's an optimization game.

>> No.22036493

>>22035445
if you read common sense comments on reddit and here AND from their team you would of known that you're supposed to wait for them to stop having a big bag themselves before going in.

this is going to 500$

>> No.22036537

>>22035293
This explanation seems straight forward. From the docs. Read them, it's like 5 mins.

>The AMPL protocol automatically translates price-volatility into supply-volatility. But it is profit-seeking traders, acting on incentives, who propagate these supply changes back into price. In other words price informs supplyalgorithmically, while supply informs pricebehaviorally, in a cycle

>> No.22036600

>>22035467
Be fearful when people are talking about "easiest trade of my life" type shit

>> No.22036672

>>22036600
not like that pice of shit needs anymore but thats another one of a total red flag lineup. some douchebag sjw uni student in the pacific northwest trying to rope in a few more suckers into an obviously broken shitstain on humanity

>> No.22036703

>>22036331
which site are you using for those charts sir?

>> No.22036856
File: 107 KB, 700x734, download (13).jpg [View same] [iqdb] [saucenao] [google]
22036856

>>22036600
All life is easy when you properly align with the cosmic flow of prana

>> No.22036920

>>22036703
seriously? download the data and model it. use the raw dataframe as a baseline for your own calculations. Online platforms are not actually very useful for running analyses of any sort whatsoever. Learn some python or R. This is excel and it's not even basic analysis.

>> No.22036956

>>22034972
this happens all the time for ampl before a big dump to 50 cents

>> No.22036974

>>22035346
>>22036600
So explain how its going to crash if the devs dont sell a huge fucking stack like last time? If people are getting rebased every day the incentive to leave is not there. Plus I dont thin you are IN on the upcoming information so thats alright. Cant blame ignorance I guess