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/biz/ - Business & Finance

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56091719 No.56091719 [Reply] [Original]

what if…

>> No.56091730
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56091730

nice log chart vs Btc (in marketcap)

>> No.56091761
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56091761

>>56091719
I got a bunch of these shits from way back but I haven't paid attention to it in over a year. Anything new going on?

>> No.56091865

spot.cash

>> No.56092540

>>56091761
Yes and no.
There are new things going on, technically speaking. The Ampleforth core team invented a new flatcoin system, that tranches the supply volatility of AMPL, creating a stablish token called Spot.
On the other hand, No. Nothing much is going on. Market cap continues to drain. Ampl is in a lost forgotten sad state. There was a limp pump today, and some bagholder made this thread hoping for a boost.
An AMPL thread on biz is tried and true sell signal, sure as you're alive

>> No.56092674

>>56092540
Ample seems like it was a good idea but of course Jews do not want a token that pegs itself to the 2019 CPI dollar which is why it’ll never succeed.

Would have been perfect for defi applications such as loaning and borrowing

>> No.56092793

>>56092674
Ampl was on Aave for a time, but it didn't really work. There was no incentive to lend, because nobody borrowed during negative rebase cycles.
They developed a new system of zero coupon bonds called Mooncake that had promise. I'm not sure what happened with that. I think it was a prototype on the way to launching Spot.
Ampl is a simple, powerful idea. I think it will always be around as a niche asset for certain subculture of traders to obsess over.
We'll see about Spot. It's relatively stable up to now, only there is no demand and no trading volume. I don't see how they plan to deepen liquidity