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/biz/ - Business & Finance

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20490387 No.20490387 [Reply] [Original]

>missed out on AMPL because I'm a brainlet

>> No.20490402
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20490402

It's okay, not everyone deserves to be rich.

>> No.20490433

>>20490387
same. i really wanted to hodl it too. but i dont get that megamask texas swap shit

>> No.20490442
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20490442

>>20490387
there is still hope

>> No.20490618

Dude AMPL is the fucking shit. Sold all of my RLC gains to buy AMPL and I'm already up 50% in less than a week. I also have some DEC and BZRX that are doing shit right now but AMPL just annihilates the losses.

>> No.20490789

>>20490387
>>20490433
why did it mooned? What did it made? a x10?

>> No.20490826

>>20490789
Try 20x

>> No.20490846

Can someone give a TL;DR about Ampleforth? What makes it unique? What is this rebase thing?
thanks for any answer, will look it up more deeply if no one answers

>> No.20490853

>>20490789
The price has been swinging from 2$ to 2.70$ for a few days now but the price is not important.

>> No.20490962

>>20490846
Every day there's this thing called a rebase. If the price is above ~1$ there's a positive rebase, otherwise there's a negative rebase. During positive rebases the amount of AMPLs you own increases by a percentage related to the current Oracle price, during negative rebases the amount of AMPLs you hold decreases. Focus on positive rebases. Your stack increases while the price increases, essentially it's a zero sum game, the monetary value of your AMPLs stays the same. The thing is that people keep buying the dips after the rebase and so the price rises, effectively increasing the monetary value of your AMPLs. In the last few days ampl has been dipping to around 2.1$ immediately after the rebase while steadily going up for the rest of the day to 2.5$ - 2.7$. Obviously the higher the price the higher the number of AMPLs you gain after a rebase. It's a no brainier and it'll continue to generate profits as long as people keep buying the dips.

>> No.20490967

>>20490846
Ampl is scam bro. Dont give them your money. Buy Phoenix token instead. Trust me . It about to do x100 by eow.

>> No.20490987

>>20490962
Sorry, meant to say that your stack increases while the price decreases.

>> No.20491003 [DELETED] 

>>20490967
I always immediately trust people when they tell me to trust me :-)

>> No.20491026

>>20490967
I always immediately trust people when they tell me to trust them :-)
>>20490962
thanks anon

>> No.20491028

>>20490442
Based

>> No.20491030

>>20490967
> Tokens provide a way to generate and verify bearer tokens for use in Channels or API authentication.

Yeah because there's currently no way to create and verify bearer tokens. Gtfo, your token is going to 0.

>> No.20491233

>>20490433
You’re still early