/biz/ - Business & Finance

>buy 500 ampleforth for 500$ @ 1$
>have now over 10000$ (4000 AMPL)
>make 500-600$ every day from rebase (200-300AMPL)

holy fucking shit.... this cannot be sustainable. this is what it feels like to be a rich man.

Let's say I want to put in $50k just to compound money. Can someone help me with the math here? Is the only way I lose money if it drop below $1?

Does this make you doubt their "sound economics" at all? These people can't even understand compound interest.They tried to fix the geyser and the beehive is still causing massive impermanent loss.

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

So what's the deal with this shitcoin?

>>19190480

i know you biz aint talking about this for a reason. how big is your stack? 1000ampl here.

Ampleforth is headquartered in Silicon Valley, USA. The teams are from Google, Uber, PWC, EY and other companies. They graduated from the top universities in the United States. The company's consultant team comes from Stanford, Harvard and Silicon Valley/blockchain investment institutions. Ampleforth (code AMPL) is a brand new cryptocurrency. Due to its unique and innovative protocol mechanism, AMPL not only has the same commodity asset class properties as Bitcoin and gold, but also has a token supply that can be deflated with market inflation. characteristic.

Official Website: https://www.ampleforth.org/

Whitepaper: https://www.ampleforth.org/paper/

just found this project listed on kucoin. under 1M mc and the chart looks interesting. but what the hell is Ampleforth?
>https://www.ampleforth.org/redbook/
what the fuck am I looking at biz? anyone been down this rabbit hole?