/biz/ - Business & Finance

>>20464153
kek

the coin that saved altseason

> You buy a stock because you hope more people come along and buy that stock at a higher price from you. Pyramid scheme.

What the actual fuck. You buy a part of a company that hopefully has cashflow so you are entitled to a part of said cashflows.

>>20464192
>You buy a part of a company
where do you think we are?

should you buy it tho?

>>20464192
yea because every stock pays dividends right

>>20464222
It does not matter if it pays dividends or not.

>>20464197
Yeah fair point.

>>20464192

Lol, you actually think 99% of people trading in stocks are buying the company for that reason. Get real

>>20464192
That's how things worked in the 19th century maybe but stonks are 50% legalized gambling and the other 50% is corporations outsourcing their pensions

unlimited positive rebases

limited negative rebases

this is literally as close to a guaranteed money maker as you're going to get - don't miss the train like you did on chainlink

>>20464090
It's a pretty easy bet that the marketcap will go up as it continues to get listed, and coinbase guy is investing in it.
I'm officially 100% in on AMPL

>>20464192
Well, actually I personally invest only in companies whose mission statement and code of social responsibility mesh with my own, like any normal person, but I still find something a little cheap about handwaving pyramid-scheme concerns by playing up the pyramid-schemyness of other things, but I guess we all know why we're here

>>20464192
>>20464314

Hhahahahha imagine people are buying bankrupted companies like Hertz because of they want their positive cashflow HAHAHHAHAHAHH

I bought some, made 3k then sold and I cant get back in because I cant lie to myself that it does anything useful and I cant shake the feeling that it could collapse any moment

>>20465447

Oooof

> not seeing how an elastic supply protocol that will eventuslly stabilize and be used to collateralize the entire DeFi space is useful

Name another synthetic commodity that bypasses the problem of inflation and deflation entirely by using a smart contract?

>>20465447
If you can't see how having a non correlated crypto asset as being useful to have in the least, you don't deserve to hold AMPL. Sorry low IQ play

>>20465872

>>20464090
Ok now I'm officially pumped for AMPL I just realized what the rebase actually is holy fucking shit

>>20465886
> USING PEARSON'S LINER CORRELATION FOR HIGHLY NONLINEAR RELATIONSHIPS BETWEEN ALTCOINS

the state of /biz/ technical background

>understanding 3 weeks later what I tried to tell biz for several hours I never ever will get back

good job, but welcome to the club still

>>20464192
this isn't r/investing

>>20465447
>selling a compounding 8 miracle interest coin

Sorry but NGMI

>>20464090
B-but what if you never understand it but you buy anything /biz/ shills with the dankest memes since 2014 just for the lulz netting you over 50 million USD worth of crypto?

I bought 100usd a week of eth 2014-2015

I bought into every ICO shilled here with the funniest memes.

I immediately bought chainlink not knowing anything about it but I did it for the lulz and the bigmacs!

I purchased 300k trumpcoin back in 2015 just cuz it was shilled here with funny trump memes and sold around 1$ 2017

This board is magic and it changed my life. IDGAF if ampleforth is big brain or not. I will take the risk on it because I believe in our powers! if it really is the big brain wojak safehaven it claims to be then I can forever be a smugpepe.jpg and pretend I was smart and understood it all along. HAHAHAHAHAHAH

Also I bought into LINK3D within the first 10 hours cuz it was shilled on this board with funny memes but the shilling stopped cuz something is coming.......you don't have much time. I hear Rory got blackmailed somehow and he created link3D without Sergeys knowledge because he is in debt due to Sergeys Big Mac addiction. I don't have all the details but I KNOW Rorys life depends on the success of LINK3D.

but that is neither here nor there...
MY LIFE HAS BEEN THIS BOARD ever since it became a containment board from /g/.

Stay mad betas. You will never ascend to my level! I am the living incarnation of a true /biz/fag

>>20464090

>>20465886
One of the reasons I got out. The heatmap is just disingenuous, the market cap hasnt shown any signs of being uncorollated yet

>>20464090
Its amazing on the ride up until the next big dump happens. I got out of this when I saw the bigger picture. Check the chart anons.

>>20465447
Dude all of crypto could collapse any moment. For any "what if all whales panic sell" there is people on the sideline waiting to buy. This is a stupid argument to not invest in a project. Any company you own the stock of could go bankrupt any second.

>>20464090
Stay on script, pajeet. You're not getting paid to think.

Where will this be in 90 days?

>>20467327
dis gon b gud

>>20465810
Its called stable coins. Tether, DAI, USDC etc. No one needs this shit.

the essential idea behind this coins was to keep it around $1 from incentivizing people to SELL from positive rebase VS demanding people to BUY from negative rebase . That would keep an equilibrium around $1. But current situation everyday is enjoying their positive rebase and forgot about the fact that negative rebase even exists.

>>20465447
Lmao,yea you fuct up bigly...

I NEVER! received any more AMPL after just hodling them in my wallet. Be careful

>>20467901
negative rebases are not as bad as you think they are. The positives are expanding the supply because now there's more demand for the coins than before.

If we hit 1$, you pool AMPL. if we hit negative rebase, you take them out at the bottom and voilà, you have way more AMPL riding the next uptrend. (also, at 0.90$ the negative rebase is 1%. lol)

>>20468453
The following assumes AMPL will gain enough traction to reach atleast stage 2 on its roadmap, so to be a "better stablecoin" with no peg. (talking a B+ marketcap or more)

Expanding on to this post, with AMPL you wanna play the game on the coins and not the $ value right now. With any other coin, you'd swing your stack to get more or hold hoping for a higher price than your buy in.

So, on a positive rebase trend you want to hold coins in your wallet. Yes, if you bought the 4.10 top the day after at 1.30 you'd be at a loss no matter what, but holding for 3 days put you in profit again. So what's the play?

Positive rebases: wallet 100%, or wallet/pool 50/50 if you're less keen to risk.

No rebases (so between 0.96 and 1.06) you pool AMPL, there's no price swings, you get fees and drip from the geyser

Negative rebases: here it gets interesting. Say you start with 240 AMPL. By the way pools work on Uniswap, they're balanced 50/50. So if you pool, for example, 240 AMPL and 1 ETH at 1$, if AMPL is worth 0.50$ you get 480 AMPL and 1 ETH as your pool share. When you think it's the bottom and we're about to go on another uptrend, you take out your pool (480 AMPL and 1 ETH), you buy 480 more AMPL with your ETH from the pool, and once we get back to 1, you now have 960 AMPL worth 1$ compared to the original 240/1 ETH value.

>>20464192
No, if you still believe that you should read the little sticky notes on those stocks. Kek

>>20468754
i bought a week ago and i got nothing through rebases

>>20468914
I know that rebases are handed out on personal wallets, Kucoin and Bitfinex. anything else you won't get shit

>>20468944
Its a fucking cryptocurrency with public records of everything, tf you talking

>>20468969
I'm talking that if you bought on other exchanges they don't support the protocol itself and won't handle the rebase to you because of they way they store in wallets. Where are you holding AMPL?

>>20468914
How? I started with 20 AMPL 3-4 days ago and now I have 30 AMPL?

>>20468994
Yeah I bought some at Bilaxy but the chinks stole my sweet AMPLs

>>20468994
bought on uniswap, keep on MEW. What could possibly be different if i hold on some scam exchange.
This token feels more like a joke, just discovered that >>20465886 is actually from their website.

>>20469098
idk, you should go ask in the telegram, or maybe someone else who uses MEW can help you.
I just use metamask and I've been getting every rebase for the past 2 weeks

>>20469122
I also use metamask, i bought on wednesday and got nothing through nightly rebases

>>20464090
>Only a tiny portion of investors, far less than 1% are actually ever going to hold enough of one of these passive gains coins to make anything significant from it.
While I largely agree with you, this is one part that's technically incorrect. You really don't need to invest that much into AMPL right now as long as you commit to holding for months and months. As long as you are getting positive rebases at 5% or above every single day then you will eventually make a substantial profit. Most people just don't understand this and aren't willing to wait that long on a single investment. Ironically time passes so quickly, and before you know it the people who didn't get in will realize how much money they lost out on, which they could have put towards another investment (or more AMPL).

>>20469430
>implying your stack would increase with every rebase

Where is the top of this one? Best swing potential in 1-2 days right here... some smartanon should find the top

>>20469508
Only chart the marketcap idiot

>>20469466
If it's positive, then yes, hence why I said positive rebase. Unless you're implying that you think this is going to crash below $1 soon (leading to a negative rebase). There's too much money in AMPL now and too many buyers for that to happen anytime soon.

>>20469531
I am not an idiot swingers look at price only and don't explain anything to me I understand this technology much better than you do because I am building a BTC -> AMPL DEX converter as we speak

>>20469554
im saying, that some are here not receiving ampl funds through every rebase

>>20469561
Absolute brainlet

>>20469575
no copetard

>>20469570
I think it depends on where you're holding them. I know exchanges have been fucking people over. I'm holding in Metamask and getting rebases every day.

>>20464171
How do you go on living your life not knowing that Stakenet both exists and began this round of altseason?...
Stakenet will surpass the majority of the top 10. It will btfo AMPL, but AMPL will chase it the whole way up.

>B-but, anon, Stakenet is smaller than AMPL.
Yep.
For now.

(I still fucking love AMPL, for the record)

>>20469575
and one more thing you disgusting muslim pissdrinking whorekid, it is absolutely reasonable to look at the price chart if you just ignore the big red candle in between the pre- and post-rebase prices and think of it as if the price kept going without it, see pic related dumbfuck aidskid

>>20465265
Ewww. Get out of here faggot.who gives a fuck what the company does I just want gains. I hate kikes but my kike portfolio is giving me my biggest return.

>>20469665
sell stakenet to me, what does it do, why is it based, why can it compete with this absolute unit AMPL?

>>20469508
that was the swing today. likely we'll crab upwards to 2.70 or 2.80 at most by tonight rebase and that will be it. slow day

Don't see any huge pressure moving from here and it's only good so far, 2.54 is breakeven from yesterday rebase. even staying 5-10c over is slight profit and we get another 15% rebase. Prob not much to do, see what happens 1 hour before and plan from there

>>20469673
you mad? stop charting price and chart marketcap brainlet

>>20469673
Do you think this would challenge their distinct volatility fingerprint claim?

>>20467445
~$600mil MCAP

>>20468444
checked
but you're doing it wrong, faggot

>>20469651
alright, do you have to update your metamask somehow? Im looking at my public address balance from outside

>>20469725
no it makes no sense to do that because traders don't look at it fattie, also my brain is functional enough to visually glue the post-rebase part of the chart on top of the pre-rebase chart without having to create a separate chart for that. you will never make it

>>20469718
yeah i think you might be right... i don't like how unorganic the rise looks though, it's just creeping upwards, no real patterns

>>20469772
>distinct volatility fingerprint
i think eventually we will get there, but for sure 95% of people still don't get that the yellow dots in >>20469673 represent the same $ value, so they think they're buying a dip but often they just buy much more expensive and pump the post-rebase price for all of us.. It will take a lot of time until a majority gets that though

>>20469848
lmao you dont even know how to chart marketcap do you? absolute smoothbrain. Don't reply to me again

>>20469877
>anon image booord
>don't reply to me again
maggot

>>20469848
Honestly it's good. V shaped recovery, 1 hour and 4 hours charts along with mcap looking like a steady rise.

I was kinda worried about yesterday huge pump. If we had the same rate up as yesterday, (50% up in a day) we'd be over 3.30 by now heading to 3.75, coupled with supply that meant a 311M mcap. from yesterday's 180? not good at all

>>20469877
yikes dude i really hope your mother dies from a lung infection, i use this for custom charts it's totally sufficient for my usecase https://github.com/tradingview/lightweight-charts

>>20469696
Buying a masternode is like owning your own business.
It's a DEX that can pull liquidity off of any exchange, be it Binance, Livecoin, Kucoin, anything.
On top of that, it combines the Lightning network of LTC and BTC (and ultimately XMR as well) with anything and everything ETH - meaning all ERC-20s, including Tether...

As if that isn't enough, it uses a network of Masternodes (thousands and thousands of these, so it's entirely immutable and decentralized) to collateralize the DEX, for which anyone owning a MN is rewarded quite handsomely.

So, to make that clearer:
It makes BTC scale, it brings together all branches of crypto and it puts them all in a neat little box so they can all be swapped instantly and with virtually no fees.

Oh, and this is only about half of what it does.
I would find the whitepaper and read it before I get priced out if I were you.

>>20464090

>>20470071
how much will 1 master node earn per month if it gets adopted and what are its competitors? isn't it somehow dangerous to invest into master nodes before this thing is really used? feels like something you could get sucked into and is hard to exit, no?
will read the whitepaper now thx

>>20470071
i looked at this past half hour, i think my money can do more monies somewhere else

>>20470039
>yikes dude i really hope your mother dies from a lung infection
That's messed up leave her out of this

>>20470408
gr8 b8 m8

>>20470156
This is why this handy chart was made.
Make no mistake - this chart WILL NOT be entirely accurate. It's simply a model.

However, even if it's wrong by an absurd 50%, I still never have to work anymore if the DEX gets a measly $600mil MC and does a very conservative $120mil daily trading volume WITH ONE SINGLE MASTERNODE.

Of course, these numbers seem pretty big, right? I mean, uniswap fluctuates anywhere from $20mil to $60mil daily volume, so why does anyone have the audacity to claim that it could be double uniswap's ceiling?
It's pretty simple: Stakenet worked alongside Litecoin to deploy its Lightning Network. Assuming they continue their partnership unto Stakenet's full bloom, LTC having a daily trading volume of $1.3bil (roughly) means that if we take a mere tenth of that daily volume, we're already at the price mentioned up above in the beginning of this post.
This means that if LTC offers XSN's DEX a minuscule fraction of its full capabilities in terms of daily volume, we're already at the floor that I suggested in the beginning of the post.

Now, that should be enough to really widen your eyes, but in case it isn't, here's some more: that $130mil I just mentioned with LTC being traded on XSN's DEX is NOT including BTC's daily volume (which is likely going to be the premier trade pair), XMR's daily volume, any variant of BTC like BSV or BCH.
But, wait, we've only discussed all of the big players so far. How about all of the tiny little market caps that people trade an absolute shit ton all day every day on uniswap?
Yeah, don't forget what Raiden (Stakenet's tool that absorbs ETH and ERC-20 token transfers) does. It lets XSN's DEX to allow trades between all ERC-20 pairs as well... including Tether.

So, if all of this is sound and everything, we don't really even need anything more than just LTC, a project that Stakenet is already working with closely, to fulfill my making it with a single MN.

>>20470398
Well... good luck, I guess.

>>20470448
thank you anon, can you explain one more thing, what took this so long to now finally being ready to take off? many stakenet vids on youtube are from 2018. I obviously understand the consequences of a bear market and everything but why is it ripe now?

>>20465447
>I cant lie to myself that it does anything useful
you are correct. its base money. base money has no real purpose - other than for transacting

>>20465447
>>20470615
it has this going for it >>20465886

>>20466655
>any signs of being uncorollated yet
no shit dude. its in discovery mode. and it been mooning and im pretty sure crypto hasnt been mooning 30x - some have but its not correlated on that front.

I just don't understand how this is a long term hodl. When it stabilizes at $1 you lose all your dividends, right?

>>20470734
you can get rewards for providing liquidity and it is a good store of value in general

>>20469098
bro just sell. its a fucking scam. anons here are trying to fuck with people. im from their discord. this is like one of the biggest shill campaigns

>>20470777
checked but not selling lol

>>20469772
nice. i was in the thread last night. you did good anon. except that is an "A" and not a greek symbol lambda https://en.wikipedia.org/wiki/Lambda

>>20470777
>bro
>wat
>twat

>>20470777
proof please?

>>20470448
Where can I hold my XSN? I'm not feeling too good about holding it all on fucking livecoin.

>>20470591
I mean... just take a look at the roadmap, anon.

Besides, they had to make sure Lightning was going to work on a much larger scale before implementing their own system that uses it. Taking the time to work out the kinks while using LTC, an already fully-deployed project seemed to be extremely valuable to them.
On top of these things, I'm sure Vortex, the tool that lets them suck liquidity from other big exchanges was a lot to work with.
Then there's Raiden. Raiden had to be finished first by the guys that created it, then it had to be fitted to Stakenet.

However, these are all just guesses.
When I bought in a year and a half ago, I bought it because of the absurdly audacious ambition the team has. What they want to do will completely change the whole crypto landscape. The question is how effectively they can implement their ambitions.

For all I know, though, it could have been legal issues or marketing issues.
Either way, what you're suggesting is a popular conundrum for plenty of people doing their own research on XSN, as far as I can tell. I don't really know the answer, but I do know that they've got some great news pouring out by the day and if the ship is sailing, I'm going to be on it no matter what.

>>20470777
>>20470877
Oh boy that's a lot of holy sevens.

>>20470734
eventually it will stabilize at 1$, yes. but the MC would be a lot higher and so will the supply. so, in effect if you just hold - you will have xxxx coins of a stable coin at $1

>>20471017
i was almost ready to fucking all in on it but >>20470929 turned me off a lot... he is earning peanuts and bought masternodes maybe 3-4 times cheaper than they are now... how can I justify spending $3-4k on one MN now :(

maybe it will come down below $0.20 again

>>20471191
Anon, this is still extremely cheap.
You don't think a DEX to rule all DEXs will break out to the top 20?...
Anon, maybe a few thousand people know about this. Of that, maybe 10% holds any more than a masternode or two.

Thinking you're not still early is a mistake.
Of course, if you don't think I'm being completely honest, that's entirely up to you. I can't make you buy something. Trust yourself.

>>20471014
You should never EVER keep any tokens/coins on an exchange.
This is another beautiful thing about Stakenet - it lets you make swaps FROM COLD STORAGE.

>>20471324
Yeah but where? What wallets support XSN?

>>20464090
HEX got to 900 million this will go to that easily anyone who doesnt buy is just a retard and hates money

>>20470824
It was late for a smooth lazy brain. I love the symbolism of the lambda. I also think it reverences the Caret which is ripe with symbolism.

>>20469430
Are you saying that it will increase indefinitely? Obviously, the more you invest now, the more you’ll have later, but what you’re saying is only correct if this thing goes to $50-250 billion or more

>>20471695
Do you realize that we will hit 900M$ in 10 days if it keeps rebasing at 15% daily??