/biz/ - Business & Finance

AMPL
>Does this look unsure to you

I will be honest with you guys.
Holding this shticoin has been so painful.
The VC dumps, the dev silence, the bots sniping, its all fucking tiresome.
But I was there for the July mega pump. I have seen the true power of AMPL.
The thing went to top 20.
The only reason I am here is because the gains are massive and all it needs is slight tip towards positive rebase.

Nighttime Ampleforth Thread.
Because I am here every day and I want this to pump. Will post latest news and relevant links:
>What is this shitcoin?
The pioneer elastic supply currency pegged at the value of 1 USD in 2019. Currently runs in the Ethereum blockchain as an ERC-20 but it is chain agnostic with a single pool across all chains it releases in. Release in Tron, Near, and PolkaDot coming SOON. More info:
https://www.ampleforth.org/basics/
>What is rebase? How does it work? When does it happen?
Rebase is the process through which AMPL redistributes tokens to all holders, be it an increase or decrease of the supply to keep the price of 1 AMPL in pair to its value of 1 USD from 2019. It happens daily at 9PM EST or 02:00:00 UTC. More info:
https://www.publish0x.com/get-crypto/understanding-ampleforth-rebases-xdrqgky?tid=Tw
>How do I profit if it stays at $1 every rebase?
First, its 1 USD from 2019, not that inflated current day $1
Second, rebase happens daily but the quantity it changes is calculated for a period of 10 days. So in an ideal world, a rebase today would mean in 10 days the demand would meet the offer and price balances out nicely. This 10 day period is recalculated every rebase, so the percentage that is taken or given varies consistently.
Finally, if you buy on low MC and then it stabilizes on a higher MC that means you got net gains.
Read the Redbook and Whitepaper for more info:
https://www.ampleforth.org/redbook/
https://www.ampleforth.org/papers/
>Where do I buy?
https://uniswap.org/
https://www.kucoin.com/
>Wen DOT? Wen TRX? Wen NEAR?
Soon.
>Are you a shill?
I wish, I do this for FREE.

I will keep with this until it reaches top 10 in MC.
I am unemployed and quarantined so this is what I am doing

I am so fucking tired of this shit.
BTC up, AMPL down.
ETH up, AMPL crabs two days and then down.
AMPL up, VCs dump and we go into negative rebase.

inb4
>get into the Geysers bro, its free money doing nothing
You know what? Brandon can grab those Geysers and shove it up his ass. Fucking scraps for those that believe in the project while his team of devs do fucking nothing after rolling over their mountain of July profits and taking their daily Lambo drive around their 10 acres of newly purchased land.
Fuck everything is "Soon", "shortly", "Coming", fucking dammit at least gives us a date of when NEAR, DOT, and TRX are going live so I dont kill myself.

I am so fucking tired of this shit.
BTC up, AMPL down.
ETH up, AMPL crabs two days and then down.
AMPL up, VCs dump and we go into negative rebase.

inb4
>get into the Geysers bro, its free money doing nothing
You know what? Brandon can grab those Geysers and shove it up his ass. Fucking scraps for those that believe in the project while his team of devs do fucking nothing after rolling over their mountain of July profits and taking their daily Lambo drive around their 10 acres of newly purchased land.
Fuck everything is "Soon", "shortly", "Coming", fucking dammit at least gives us a date of when NEAR, DOT, and TRX are going live so I dont kill myself.