/biz/ - Business & Finance

Its been a hectic week. You know you're onto something when the biggest clown eth maxis (eric conner, cough cough) are calling AMPL a ponzi without reading the whitepaper, just seeing the price increase. lol

We dumped. We cooled down, the mania has gone away, and we had 3-5 days of accumulation - heres a few new whale wallets:

https://etherscan.io/address/0x7749b57babd57927073410da307edfdc2aa2ab1c#tokentxns - $450k ampl, been buying $50-100k a day for 5 days. [pic related]

https://etherscan.io/address/0x14d55038be0680c8ec4b83b8803fe15e752b5137#tokentxns - $400k ampl , $250k nxm, 50k dmg.

https://etherscan.io/address/0x7749b57babd57927073410da307edfdc2aa2ab1c#tokentxns - $360k ampl (dumped his rmpl shit at profit to take more ampl lol)

What were going to see now is probably more accumulation for 2-5 days. Probably under $1. I might be underestimating the power of the ampleforce here, it could go to $1. Sooner.

Right now we have completed 1 full cycle. a real strong bull cycle up to $4 over 3-4 weeks, then 10 days just about dropping mercilessly under $1. REKTing people who bought in the last 3 days of the cycle. We have now bottomed out and are in an accumulation period.

The next run up will start in 1-2 weeks.

1 month in crypto = 6 months in the stock market.
1 month in ampl = 6 months in crypto.
the cycles are FASTER.

However, this next one won't be quite as insane. Each cycle will get a little milder, as the marketcap and supply increase it becomes harder and harder to push the $ price around, i.e. you need more and more $ to do it. When we went to $4, that was going from $200-300mil market cap in a day. $100m buy support say. Now we would need $300-400m to go from here to $4 -it's harder.