/biz/ - Business & Finance

>>20152466
Anon this was the best decision you’ve ever made

It all depends on if this project will grow in the long term. I don't know if it will because I don't understand enough about what greater problem it's solving.

>>20152466
Nah man, you're good for at least a couple months

>>20152557
>>20152653
These guys are gonna dump on you

>>20152557
the get & frenpost confirm.

>>20152669
Yeah, once the pool rewards are done. Everyone will dump for profit at that point

>>20152669
valid... but their dump is my gain with ample.
if they scoot my percentage of market share goes up & supply contracts.
>>20152631
You should read the medium & webpage - its very sound & based on heavy esoteric economics. If not whatevs, I am not going to pajeet/discord you on board.

>>20152861
>valid... but their dump is my gain with ample.
>if they scoot my percentage of market share goes up & supply contracts.
thats not how it works you fucking retard
No wonder you think this is heavy and esoteric lol

>>20152703
>once the pool rewards are done
>>>https://www.ampltalk.org/app/forum/ampl-geyser-19/topic/about-the-geyser-21/
"The Geyser on the other hand is a 3 month pilot program currently but the team has plans to keep it going after the pilot phase. The Geyser program is an incentive program which provides extra AMPLs to liquidity providers"
Yet TBD...

>>20152939
>thats not how it works you fucking retard
>t.room temp iq mongoloid nigger
wew lad...
read the whitepaper/redbook
you must be 18+ to post on /biz/

>>20153299
>read the whitepaper/redbook
ah, the eternal refrain of ampl shills

>>20153563
>contempt of research

>>20153688
2017 /biz/let here, the same "I don't understand how it works FUD" was also applied to Link and look at where it is today

>>20153688
Please point me to where exactly in the redbook or whitepaper it says that if others sell your % of marketcap goes up
Protip you can't, because it's not in there, because that's not how it works

>>20153299
Don’t dig yourself into a hole there fren. You don’t seem to understand AMPL correctly. Your % does not change with someone selling. If they sell, those tokens are not burned just somewhere else. That means the total does not change and your % doesn’t change either.

However, for the geyser yes if people pull out of the pool then your % of the staking rewards will increase.

>>20153914
>if the exchange rate between Amples and its target is > Pt + δ, the protocol responds by expanding to coin holders proportionally.
>if the exchange rate between Amples and its target is < Pt − δ, the protocol responds by contracting from coin holders proportionally

>>20154040
It doesn't make my percentage of the market cap go up, no.
amples will rebase- I got in under $1
even if people dump on me I am confident in the risk.

>>20154142
And how did you conclude from that that if others sell, your % of market cap goes up? Acquire some reading conprehension, my nigger

What percent we expecting tonight

>>20154368
Then dont say people dumping on you is a good thing. That is not how AMPL works, if people constantly dump you will eventually lose with the negative rebates. Buying price doesn't directly matter, you can always lose tokens.

>>20154412
>reading conprehension

>>20152466
i put in $1000 on day 2 of the geyser and i haven't looked at it since. are we up?

AMPL = Bitcoin 2.0.

I tend to agree. No, I 100% agree.

https://www.youtube.com/watch?time_continue=1&v=aNScRrusjwg

>>20154583
I never said it was a good thing
I said the geyser is probably not going away & cause a huge bat/comp style dump.
>>20154678
I have $7.5k in & am up $100 rn

>>20154834
>valid... but their dump is my gain with ample.
>if they scoot my percentage of market share goes up & supply contracts.

Please rephrase or think before you post then.

>>20154678
https://www.zapper.fi/
Check it

>>20154834
dude I am telling you this for your own good, you do NOT understand how AMPL works.

it’s just a regular-ass commodity cryptocurrency like BTC, only with a variable denominator to fool rubes into thinking they are buying something else.

It’s a lot of sound and fury to achieve absolutely nothing. It is not stable, the only way it will preserve value is if the market continues to value the entire market cap at higher than it has before, for absolutely no reason.

The ‘liquidity’ rewards are just another layer of indirection layered on top to get people to buy their useless bags. The team will be selling directly into this artificial demand. Think for a moment, they could easily create this dex liquidity themselves if they wanted.

>>20154628
nah it's actually a word, read a dictionary

>>20155175
Kk

>>20154558
Anyone know?

>>20155175
And if they provided all liquidity like you apparently wish, then it would be even more of a scam...this way they create community and decentralization. The price is currently high because there's high demand. The closer it gets to $1, more demand will meet it, because it provides daily compounded value.

>>20154412
>conprehension
>>20155213
>nah it's actually a word, read a dictionary
you're mother should have laid off the crack while she was pregnant with you.

>>20152466
How could you pick this over RSR anon?

>>20155529
I got out of rsr to get into this

>>20155529
>coinbase ventures
vs
>brian armstrong putting up his personal money

>>20155175
This is pretty good FUD. Interested if AMPL’ers can provide a retort.

>>20155602
In price discovery mode, nothing has ever been stable before.

>>20155602
Buy or not, idgaf. I'm not selling, I'll ride the daily 10% rebase for ez gains

>>20155529
How about both?
RSR backing does actual currency.
AMPL collateral for DeFi.

>>20155491
Ah, do you see now that making a vague reference for an incorrect claim is not an argument?

Are your funds locked in the geyser or can you withdraw anytime? Is there a penalty?

>>20155175
>Think for a moment, they could easily create this dex liquidity themselves if they wanted.
this is the best fud in the whole post. McBurger money for Brian Armstrong.

>>20155714
withdraw at any time but you lose the multiplier bonus

>>2015569
listen jamal, can you "conprehend" that you are an illiterate crackbaby?

We've shaken out the weak hands and the daytraders have figured out how to play the rebase effectively so price discovery is more efficient now. I think it will be slow and steady growth until the end of the geyser. This project is too high IQ for most of /biz/

>>20155175
u dumb

So if I'm a DeFi bank and I'm looking for a store of value, I should just rely on the USDT brrrrrrrr right?

>>20155692
I have .5M rsr too.

So what percent we looking at tonight?

>>20155979
8.8%

>>20156343

Feels good mang

>>20156552
wonder how long it's going to last for. average price has been descending for a while now

>>20156571
Until some more volume comes, likely from traders that will make a shit load of money from the higher prices of this coin. Not a lot of downward pressure...why would I sell now? Gravy train just started :D

Rebase Chads where you at

>>20156868
9%? I'll take it, but these are rookie numbers.

>>20153688
It's hard to fud a coin you know nothing about. Anyone who understands human nature sees where this coin is headed...

Basically it's like this, this shit will keep printing money as long as geyser is around, and then most likely it will catch on by then

its a roulette play.

If a whale(s) start dumping via a rolling iceberg, the price can fall off a cliff for 24 hours and you will suffer a negative rebase.

I personally pulled out after the price doubled and I had three ten percent rebases, wasnt worth a falling knife scenario.

>>20152466
Hold. That is all.

Anyone do the math for instead of using geyser/pool and just use the eth instead for more ampl, which one would be more profitable?

>>20155175

Thank you sir. When I make it, my main job will be to read 4chan and correct those making horrible life choices. Like you.

>>20158709
The cryptofrog youtube from today.
Hold w/geyser is way more profitable.

>>20158829
even with impermanent loss?

>>20155241
is that where all the ecto cooler went?

>>20155175

The variable denominator as you put it is a novel finance mechanism that hasn't been executed before. You may not believe it will work but it isn't a trick or some meaningless flare. Its genuinely interesting which is why people much smarter than you have invested in it and shown interest.

The Geyser and liquidity program are a two-fold purposed program.

First it is a price discovery mechanism which cannot just be decided by a central group. This will determine the actual demand for the stablecoin.

Secondly it is a marketing program. There's nothing wrong with this. People need to learn about and become investors in this on a decentralized basis for it to ultimately succeed.

The team will likely sell some. Developers should get paid. Don't be dumb.

>>20158837

you're investing in a stablecoin. You dont expect to make money off of a price increase (which is what causes impermanent loss).

You'll be making uniswap fees whenever anyone does a trade so your balance of ETH AND AMPL will both rise gradually (AMPL rising more in raw quantity but not really in value long term)

If ETH rockets off you'd suffer impermanent loss there but it is ironically really stable around $200.

That said if you'd invested in this 6 days ago youd have returns of 20% or so and be on your way to higher geyser multipliers.

There's still 75 days to go so you can still hit the maximum multiplier for it.

So we've had an average of 10% rebases for about a week now right?

>>20159027
1000$ampl/1000$eth in geyser will get uniswap fee,multiplier ,plus rebase, but would just 2000$ in ampls would get you more with rebase alone? Im not a math guy lol

>>20159091
Little over 10%. I've nearly doubled my AMPLs in a week, and the coin hasn't gone mainstream in any sense. It's almost like their not even trying to sell it

>>20159112

Expecting to hold rebases and profit long term is more risky and assumes a very large demand. Ampl will eventually be worth a dollar so if demand begins to drop you could end up paying more for your $1 coins than $1.

If 10% rebases are consistent during thr whole course of the geyser then obviously that compounding will be much more than you'd gain by getting uniswap fees and the geyser, but that isn't likely. That would give a MCAP in the trillions. I think its more likely that the price and therefore the rebase amount gradually and slowly decreases the closer to the end of the geyser we get, till its eventually near a $1 and rebases stop happening.

The safest and most surefire way to achieve a reasonable position in AMPL and to make some additional returns is to participate in the geyser and just hold. If you pay for 1k AMPL now and MCAP of AMPL is 10x its current level when the price stabliziaes at $1 you will have 5k worth of AMPL and you will have made fees and geyser payments that whole time as well still.

>>20159181
it'll sell itself eventually. I can't believe we got in this early!

>>20159187

Sorry this is incorrect actually, my bad. If you have it in the liquidity pool your AMPL will be roughly worth whatever you initially placed in the liquidity pool, so yea you'll miss out on the MCAP appreciation except that your geyser rewards will still be affected by that.

>>20159091
yee 10%-ish or sumpin like that
bot or not kek has spoken

>>20152631
It's ok. You are a simp. Don't let it get to you. Enjoy your life.

>>20159232
This guys id. He shilled me Ampl a week ago.

>>20155175
>the only way it will preserve value is if the market continues to value the entire market cap at higher than it has before, for absolutely no reason.

this is not true at all, it's not stable in the early phase because it's designed like that, it solves the supply inelasticity problem, bitcoin in no way does anything similar to it, and no other coin has done it before, it's a really interesting concept

>>20159603
Best part is that all of those facts break discord trannies/pajeet brains

>>20159298
kek

The potential runaway gains on this coin make me fearful of my own greed...this coin is some kind of test from the universe, am I dreaming?

We are ALL GOING TO MAKE IT

>>20160262
I'm literally feeling so much FOMO but feel like I already missed out
I took too long...

>>20152466
Here is how this scam will go down. Uniswap liquidity pooling has a risk of token imbalance. Shitcoin teams will reward pooling liquidity because a) you have to buy some shitcoin b) you have to match it with eth. So what they do is when there is enough pooled they sell a metric shitton of tokens to Uniswap which dumps the price and continues to whittle down the ETH side of the liquidity pool, eventually draining it to 0, leaving you with metric shittons of a shitcoin. So lets say you pool 10 eth and 1000 shitcoins, after the dump you will have .0001 ETH and millions of shitcoins.

>>20161260
Millions of Ampl....mmmmm talk dirty to me more

>>20159027
Or if you just bought it 4 days ago you'd be up 40% in rebase compound interest.
>>20159112
Yes and you can buy 2x as much ampl if you dont need eth. But then its riskier as you lose exposure to the liquidity fees... if ampl rises you slowly sell into eth in the geyser while earning an additional 50% apr, which is pretty safe and pretty good really

>>20161260
Dev and vc tokens locked up for 4 years

I just put 400 Ampl in the geyser, lets see what it'll do.

ampls shmamples haha

>>20161291
BABY YASSSSS IM GONNA COOOOOOOOOO(ronavirus)

>>20155529
AMPL is the clear choice if you wanna make it

>>20155529
Simple, RSR is confusing, explain to me their mechanism. Most people won't be able too.

Ampl is elegant. Everyone understands it

>>20152466
The upcoming 2 days will be bullish again

>>20162330
Fuck. I'm so late...

>>20162230
the number of people who misunderstand ampl but think they get it is much larger than the number of people who genuinely understand it 100% and can see all the implications.

>>20159187
this is great advice. pretty sensible. take the 5x and some safety in the geyser.

>>20162463
it's crazy, the website has a learning tab for fucks sake

>>20161477
and not just any vcs... THESE vcs: https://www.publish0x.com/defi-box/detailed-list-of-ampleforth-investors-and-advisors-xjjdxpj

bull run coming. starting on kucoin. [pic related]

>>20162540
>>20162330
So many indicators you have to buy now ;)

>>20162540
fuck....
i'm so salty

woke up to another 1100 pampl in my wallet. Same as yesterday. Same as tomorrow. Don't even know what's going on in my geyser, but I dropped ~3k pampl and 20 ETH the day after launch. Feeling quite comfy.

>>20164086
>Don't even know what's going on in my geyser
https://www.zapper.fi/dashboard
Check it out anon, I'm guessing 2x

>>20152703
doesn't even matter, as long as it stays above 0.96. We'll all just have more 1$ coins by that time which is fine.

I really can't image it dumpin below that for long anyway, as it doesn't make sense to sell below it's target price unless some pajeet really desperataly needs money, and if it would I'm pretty sure a lot of people are ready to buy up as soon as it's below that level.

ALso don't forget that "everyne will dump on rewards unlock" is not necessarily true at all, look at Fantom f.e.

>>20164106
Oh wow, that good shit, thanks. Looks like I'm making more in ETH than ampl, but yeah, value is up 2x. This is gonna be wild when it hits the 3x multiplier.

>>20164249
This is already wild anon

>>20164355
shiiiiet I put $500 with ETH equivalent in there like 3 days ago with the idea of puting it in the geyser, not look until the end of the Geyser period and I'd be happy with a x2 by then. Just checked and it's x2 already

Anyone know what happens if I am already staking in the geyser and add more in to it?
Do the new tokens keep the multiplier or is it reset?

How much to make it?

>>20165477
0.05%+

>>20165477
10K