/biz/ - Business & Finance

>>20275903
DELETE THIS YOU MORON

Yeah its crazy. Its also insanely risky. People are going to both make out like bandits and get REKT into oblivion.

Even I'm surprised. Was joking when I said $4 last night after the rebase.

>>20275903
should I stay in the geyser or not? don't think i'm getting the full effect of the rebalances

>>20275903
This project was created by money nerds influenced by the greatest minds in history. Sell early if you're brave enough.

why should anyone be surprised that one of the most disruptive protocols in crypto and financial history, is sustaining explosive upward momentum as more people learn of it? I mean, the market cap isn't even close to it's short term potential. so everyone talking about REKT coming, this and that, you're dumb

>>20276199
The new geyser is 3x rewards. It is now clearly better than holding ampl in your wallet.

>>20276242
will my impermanent loss be erased?

>>20276250
The new reward rate covers any impermanent losses.
The starting rewards are 3x more than the pilot geyser and after holding two months that's 9x pilot geyser.
The devs upped the reward rate to make the geyser the clear choice.

>>20276242
lmao >>20276199 don't listen to the above guy. it's 3x the rewards. i put $400 into the geyser for like 3 weeksish and I got 50 AMPL out of it? that 50 AMPL cost me $800 worth of opportunity i could've dropped into AMPL directly.

3x rewards just means they've upped the rewards you get, but you still need to have it in there for like 4 weeks. it's so dumb. everyone should be all in AMPL not the dumb Geyser while AMPL is blowing up like it has been.

that said, i sold yesterday at 4x

>>20276319
>>20276320
WHO THE FUCK DO I LISTEN TO

It will hit 10 dollars in 2 weeks and crash insanely fast close to 1 usd but still stay above.

its really just beginning, regardless of fudders and bullshitters

get the fuck in if u arent already

just know, how many people are even in the crypto game? not a lot

who understands and is willing to buy this beaut as of yet? not a lot

and when they do you already know

GET THE FUCK IN BEFORE THE 1000X

>>20276571
Ran the simulation, only getting a 13% of this playing out. More likely to see a “crash” down to $5.60 which would mean....we get a 50% rebase that day LMFAO

>>20276573
tell your friends and family

a small bag will be enough to make it on this one ~50 ampl is enough in any mans wallet~

So many anons struggling to cope. I love it.

>>20276571
>but still stay above
if it stays above $1 then who gives a fuck. above $1 = you make money every day.

>>20276235
thank you. the amount of people on this board that are so confident in their ignorance is astounding

>>20276571
the protocol incentivizes people to sell right after the rebase in a 10 minute window. and buy back lower about an hour later. the more and more people realize this, then it will start dumping - WHICH IS EXACTLY WHAT IS SUPPOSED TO HAPPEN - but seeing how retarded most people are on AMPL - i feel like its gonna take a while for people to "get it" while the people that do - make gains.

>>20276235
Not disruptive. Its an obvious ponzi and will destroy many of you who don't take profits.

>>20275903
doesn't this mean people will just rush to sell the rebase and drop the price?

This has got to be the best pump since the days of 2017...

>>20277616
It's done a 10x in cap in 2 weeks. stinky linkies can't compete

So if I get in now and just hold the coins in metamask I will get the rebase?

>>20277636
Yes

>>20277636
yes

Hooray so people that invest now are giving their profits to people who invested earlier, so what happens when new money doesn't enter the project guys?

Guys?

>>20277636

Exactly anon, like 25% more than you had. Feels like magic

>>20277695

It stabilizes to its target price like it was supposed to do you moron

>>20277695
>what happens when new money doesn't want to buy BTC at 100K?

>>20277730
so everyone who buys the top before the rebase is literally fucked
pyramid scheme at its finest

>>20277594
yes. its meant to do that. because the price has to go down. so there are mechanisms which push it up and down. its part of the protocol

>>20277755
you can look at it that way but consider that it’s still not listed on coinbase yet, and that it’s main competition is tether with the main difference being that while taking no actions, whatever % of the mc you hold in ample you will always hold (unless it goes under a dollar in which you will gain more % of the mc)

>>20277755
Except they also get the rebase. Which will be 25%. So the price would have to dump to under 3 dollars and stay there for it to be better to wait. The past 2 weeks has proven that it’s better to just buy and ride the rebases

>>20277755
its a scam anon just like Link

>>20277755

It has nothing to do with price. That’s exactly why this project is weeding out low IQ brainlets like you every day. AS LONG AS ITS FINDING ITS MARKET CAP YOURE MAKING MONEY. It could stay at $3.50 for the next to months and your gains would still be huge as long as it’s in a market cap discovery cycle, which it currently is. There isn’t an incentive for enough people to sell all at once to push this anywhere near a negative rebase point. The flash crash you’re envisioning grows more and more difficult as the market cap grows each day. I know it’s hard to to wrap your head around because it sounds to good to be true, but this will stabilize over a very prolonged period and anyone holding through that period will have made a lot of $. People on this board are so used to staring at shitcoins and bobo memes that they’re going to try and fud and miss out on a truly revolutionary piece of technology. You’ll feel as stupid as the people calling bitcoin a bubble at $100

>>20277695
Delet this

oh fk should i rebuy?

>>20277695
see
>>20277754

AMPL is BTC Circa 2013. Just BARELY starting the tickle the fancy of nerds and high IQ investors.

>>20278011
Do you hate money? Never sell this

>>20278011
Just buy if you want the 25% rebase today

>>20277945
just looks more and more like a pyramid scheme, there's no liquidity even close to sustain a formula like this, and they already removed 2/3 of it

>>20278093
You know this chart is wrong why post it?

>>20277945
so much this

>>20278154
its not wrong faggot

>>20278186
>its not wrong

Anon...
https://uniswap.info/pair/0xc5be99A02C6857f9Eac67BbCE58DF5572498F40c

>>20278211
? still not wrong

>>20278154

Salty fudder who feels like they missed out and is seething. You can still join the moon mission, it’s still early anon. Currently at number 74 on front of Coinmarketcap and climbing. What do you think happens when normies wake up to this? When it creeps into top 50? Top 20? It won’t take much, we’ve doubled our marketcap in less than a week, 200 million is simple. Hex had 600 million at its peak.

>>20277945
This logic relies on nobody taking profit

Supply Smoothing
To avoid unnecessary overcorrection, the protocol grades supply changes as though they will distribute evenly over the course of 10 days. For example:

if the exchange rate is 1.5 Amples : 1, the price difference can be offset by increasing each wallet’s balance by 50%.

Grading linearly over 10 days means in this case that the protocol will increase wallet quantities by +50% / 10 on the first day.
if the exchange rate is 0.5 Amples : 1, this price difference can be offset by decreasing each wallet’s balance by −50%.

Grading linearly over 10 days in this case means that the protocol will update wallet quantities by −50% / 10 on day zero.
The supply change is recomputed and executed no more than once every 24 hours. This operation is stateless, meaning each day the protocol recomputes a supply target based on the latest price difference, and executes as though the change will occur evenly over the next 10 days without any memory of the previous day’s supply change.

>>20276235
>this and that
hey samon

this bitch isnt on metamask you gotta add custom?

21,33% rebase nothing to see here
>21,33% rebase nothing to see here
21,33% rebase nothing to see here
>21,33% rebase nothing to see here
21,33% rebase nothing to see here
>21,33% rebase nothing to see here

lmfao

Did...did it not dump? Did we all just get 21% and it didn’t even dump? Wtf?

>>20278712
ofc it dumped. from 3,80ish to 3,0ish.

As of now a lot of sells AND buys, lotta traffic on uniswap

https://youtu.be/H18QAN3VpOY

Highly recommend this video.

>>20278727
Hmmm my Delta must not be updating. I still have it at 3.68

>>20278712
I did, to under three but that was gobbled up in seconds... Like it never happened. Holy. Fucking. Shit.

>>20278712
Uniswap automatically dumps the price to its "correct" value, today it was $3.00. Now we see if it stays there, dumps more, or gets bought up by people arbing with CEXs.

>>20278754
yeah also etherscan will show you a wrong price for like 10-20 minutes.
I recommend you to use uniswap.info for better price feed - also nice to see some buys and sells if you are bored.
https://uniswap.info/home

>>20278768

Are "people" arbing with cex's, or are they using bots to do this. It seems like there's a selloff slightly after the rebase hits. Are people timing this to get their rebase, sell, and then buy back in once it flattens out, or are this their some kind of delay in the API on for like etherscan, coingecko and cmc etc.?

Holy shit it’s already back up. What the fuck we might reach 5 dollars tomorrow

>>20279642
Its insane...

If one sold before todays rebase he got absolutely rekt. After the rebase there was a time window of like 10 minutes you could get a bigger share of the mc. Yesterday it was 2 hours. The buy preasure is insane

some people are already sitting on 100x what happens when they slam this shit into the ground with a market sell? negative rebases just punch everyone else in the shekels? lel

>>20276640
like a pyramid ? the logo is

>>20279761
also who is going to buy if this happens and it goes to 20c or something? wont you just get absolutely JUSTED on your way back to 1 dollar or am I missing something?

>>20279784
The 1000% APY from beehive is preventing that from happening at all. It’s just not going to happen for 90 days minimum

>>20279838
>The 1000% APY from beehive is preventing that from happening at all. It’s just not going to happen for 90 days minimum
at the current pace this shit will be at eths market cap in significantly less time lol people are going to dump