/biz/ - Business & Finance

The pump on this is gonna be glorious. Offical warning.

it's dead isn't it, Jimmy?
lost all my money in shit shit
F

AMPL is a ponzi that is reliant on new 'investors' (read: victims) to keep the scam rolling. That's why it's so aggresively shilled here on biz. It works like this:

If the coin drops below a dollar the coin starts doing negative rebases.

So current holders of AMPL need people to keep buying in order for rebases to go in their favor.

Think of it as a person who gets money for recruiting other people into their MLM scam

>rinse and repeat until the new buyers get burned and the ones at the top reap the benefits
>Rebase goes brrrr
>BITCONNECT!!!!!

SELL NOW OR STAY POOR

I SOLD AT $1.60 BECAUSE OF THIS SHITHOLE

FUCK YOU ALL

>he missed Bitcoin
>he missed Ethereum
>he missed Chainlink

will you miss the next Top 10 marketcap coin

it's literally a better Bitcoin

Why is this coin so fucking based? How did /biz/ not collectively buy into this at <10m mcap?

Let's all just stop shilling this till 1b cap. /biz/ doesn't deserve this

> even the logo is shaped like a pyramid

5 hours

7 hours left

> he's not holding bitcoin 2.0
> not holding the digital FED
not gonna make it

GOING BACK TO $1

SELL OR LOSE 75% OF YOUR MONEY

LMAOLMAO

AMPL IS CRASHING

SELL NOW OR STAY POOR

> he doesn't hold the next bitcoin
not gonna make it

For those of you saying that AMPL is just a ponzi and not realizing its actual purpose, read:
https://sci.smithandcrown.com/research/ampleforth-report

Cryptocurrencies are often noted for their distinct volatility profiles and lack of correlation to traditional equity markets, even if individual cryptocurrencies are themselves generally highly correlated to Bitcoin and other leading cryptocurrencies. Amples is intended to have a unique volatility profile (that is, be uncorrelated) to both the broader cryptoasset market and possibly other asset classes such as equities. Ampleforth has not released concrete models or simulations to demonstrate this unique volatility profile, and Smith+Crown has not performed independent modeling. However, given that other synthetic commodities (ie, Bitcoin) have demonstrated unique profiles and Amples aim to be a new class of synthetic commodity, there is at least some reason to consider that Amples could emerge as such. If the volatility profile is unique and offers a compelling advantage from a portfolio construction perspective, it may be adopted by fund managers in the broader market.


Top 10 eoy confirmed

AMPL IS A LITERAL PONZI

IT IS A LITERAL PONZI

>NEGATIVE RE-BASE AND YOUR INVESTMENT GOES DOWN 75%

SELL NOW OR STAY POOR MORONS

IT IS DESIGNED TO MAKE YOU LOSE MONEY

Tether's marketcap is over 9bn. It's centralized. It needs to be backed by assets.

Ampleforth's marketcap is only 50m. It's decentralized. It doesn't need to be backed by assets.

Ampleforth will replace all other stablecoins. It could even replace bitcoin as a store of value.

I'm going to take out my initial after a few x and hold long term. Sky is the limit