/biz/ - Business & Finance

>>20525589
i feel the same way. its like LINK in that - the potential is beyond comprehension

>>20525589
its actually targeted for low IQs in crypto space like you. for high IQ's its another pump and dump like bitconnecteeeee..nothing more nothing less

>>20525589
>price goes up
"MUH NOBEL PRIZE!!!!"

>negative rebase
"MUH PIECE OF SHIT PAJEET SCAM"

>>20525716

Cope. See you in the top 5 when you’re begging just to get a look at our lambos.

>>20525589
I own a little bit more of 1k of ampl, I'll probably forget about it for 60 days. This is gonna be huge.

>>20525716
I don’t think you get it unfortunately lol

>>20525716
i know your trolling anon. i see u

>>20525654
except link has potential and use case. ampl use case is "diversifying your portfolio" or "better bitcoin" which is nothing revolutionary. no use case, nothing innovative just a ponzi to pump the price artificially with rebase etc. no future. stay poor. faggots

>>20526477
Save your stay poor for when it drops anon, right now everyone is making gains.

>implying people won't buy the shit out of this if price starts dropping
You guys don't see the massive buy pressure on this?

>>20526496
its ok just keep holding you will see in a week what im talking about

>>20526519
What if I sell before then?

I've heard a lot about this coin lately, but mostly just about it going to the moon etc... what about it makes it genius. What is "rebasing"?

Does this shit ever dip my god. I just want to buy in.

>>20526673
It doesn’t dip for long, just buy in. You would have already 2-3x’d your money if you bought in last week

>>20526703
I haven't been able to buy in until today. :(

>>20526673
Remember anon you want a dip in MCAP more than price per ample. I know they are intrinsically tied together, but it is important to keep in mind.

>>20526732
Yeah I've been looking at it for the last hour and its basically a $3 stable coin. REEE.

>>20526624
Every night there is a rebase which means an amount of AMPL is automatically added to your wallet based on the oracle rate. The oracle rate is determined by the price, $2 is a 10% rebase, $3 is a 20% rebase and etc. There can also be negative rebases if it drops under a dollar, but it wouldn’t stay there for long as it would bounce back above a dollar quickly and even then we are very far away from that stage. We’re still in price discovery mode, this has a lot more room to keep pumping for now

>>20526753
See people. This right here. If this anon isn’t joking, it’s proof of why this is so genius lol

>>20526793
Should I keep my amps in my wallet or should I stake them in the geysir? You get the rebase coins no matter what, right?

>>20526793

Thanks for the explanation. So it tries to keep the price around $1 by inflating/deflating the total supply? Wouldnt that mean it's 3x overpriced right now?

>>20526732
and to have a dip in market cap, you need it to be below $0.95 which seems unlikely given the buying pressure there would be at that point. it would be interesting to see a negative rebase (I'd hold and accumulate) but I think the bigger this gets, the less likely it is to happen (whales can't manipulate as much).

>>20525589
I want to buy this but coinbase put a hold on sending my eth till 4 days from now.

Will I make it in time?

>>20526477
>which is nothing revolutionary.
checked! but you dont understand AMPL

Can someone explain if the geyser/beehive is only a temporary thing?

>>20526970
>and to have a dip in market cap, you need it to be below $0.95
nope. see: last dip

>>20527018
they will have better iterations of it. but the "geyser" is temp but something "geyser-like" is for a long period

>>20525716
>>20525759
>>20526477
I still have some hope for this forum

tfw still early

>>20526902
>>20526902
Do you want half the rebase % and impermanent loss? If so Geyser.

>>20527180
What do you mean by impermanent loss? As far as I can tell, my coins still get cut in a negative rebase, even if they are staked.

>>20525811
>Cope. See you in the top 5 when you’re begging just to get a look at our lambos.
good luck retard

>>20526477
>"better bitcoin" which is nothing revolutionary.
Screencapped.

>>20526970
Wrong. The price just has to fall below rebase. Let's say price is $3 now. Rebase tonight is 20%. If the price falls lower than $2.50 after the rebase then the market cap will go down.

>>20525589
213,000 sell wall at $3.00
this pajeet shit is gonna crash soon

Just a reminder for all those "this cant last forever" Yes you are probably right but thats not now. Right now there are only 6,200 wallets.

This is still early.

>>20527413
Say I buy 100 AMPL right now. After tonight's rebase at price $3, my no. of tokens goes to 100 + 20 = 120. Would my 120 be then impacted if the price falls below $2.5 from $3?

tl;dr it's a ponzi scheme

>>20527542
You think pajeets have this kind of money?

OH NO WE GOT TO COCKY AMPLE CHADS

>>20527704
No you will still have 120, they will just be worth less

>>20527704
I would. Every day I consider buying more. But in the end it's your choice. DYOR

>>20526968
technically yeah, but the fact is that its being overpriced causes 20% on compound interest every night rn, so if you buy it overpriced now, you can still more than triple your money until it comes back down to 1 us dollarino

>>20527940
What happened man? Sell walls at integral values like 1,2,3,4. Boo fucking hoo.

>>20528108
Not gonna lie, AMPL is perhaps the only thing that sounds too good to be true except its true, for the time being anyways.

>>20526968
It takes 24 hour weighted price and subtracts 1 dollar. Then it assumes if all conditions stayed the same how much supply added each day over the course of 10 days would it take to dilute the market to make a price of 1 dollar. Then it does that each day.

Good buy in price now, market cap looks like as much of a dip it's gonna get before the next contraction cycle

>>20528187
Yeah. I got scared but I held. The 3 eth I put in during mid-late June when I saw it here first are now several thousand dollars lmfao

>>20527237
Google impermanent loss

>>20528346
What dip lol. There's no dip. This thing is a monster.

>>20528414
Congrats anon. Do take profits though. I didn't and then Statera's pool got hacked. Anyways, you think gains such as yours still possible here. I've put in 10 ETH but felt uneasy and took out 5. Will let the other 5 ride now till mid august.

>>20528634
;)

>>20528655
6,200 wallets I think is still early.

>>20525589
>Nobel Prize winning economics
Because the AMPL team consulted Niall Ferguson (Standford Hoover institute.. senior fellow) and fully he backed the idea.
If you don't know, now you know.
https://en.wikipedia.org/wiki/Niall_Ferguson

"Cryptocurrency
Ferguson was an early skeptic of cryptocurrencies, famously dismissing his teenage son's recommendation to buy Bitcoin in 2014. By 2017, he had changed his mind on Bitcoin's utility, saying it had established itself as a form of "digital gold: a store of value for wealthy investors, especially those located in countries with weak rule of law and high political risk."[124] In February 2019, Ferguson became an advisor for digital asset protocol firm Ampleforth Protocol, saying he was attracted by the firm's plan to "reinvent money in a way that protects individual freedom and to create a payments system that treats everyone equally."[125][126] In March 2019, Ferguson spoke at an Australian Financial Review Business Summit, where he admitted to being "wrong to think there was no … use for a form of currency based on blockchain technology… I don't think this will turn out to be a complete delusion."[127]"

Fuck I sold my bags today after some x thought we dip... what do anons?

>>20528909
If you are smart.
You would HODL long term.
Stop trading a whale game.

>>20528909
Buy back in and repent

>>20528979
>>20529074
FUCK
Well I wont fomo in now - gonna miss the rebase... mfw all the memes are true...

>>20528440
So it's just lost gains due to holding 50:50 ETH/AMPL? I guess it makes sense - if AMPL is mooning, you'd lose out holding ETH.

>>20525589

>>20525716
This.. only brainlets can’t see this programmed PnD for what it is. A ponzu that preys on newcomers and always requires a greater fool. These always collapse and the founders usually go to prison.

>>20526673
Why yes it does.. the dumps are part of the scam. Incoming...

>>205298

>>20527757
How is it a ponzi? You out in money and as long as other new people keep showing up and putting in money.. the rebase will happen and take some of their money and give it to you... this is fine as long as new buyers keep showing up.... oh

>>20529888
>take some of their money and give it to you
ngmi

>>20529421
OK I didnt fomo in, nice red dildo

>>20527940
Ju-ju-just a fe-fe-few b-b-bumps am-ple-chads!

>>20529888
When it reaches its cap 1$ is 1$...
Liquid... Liquidity...

I have a dollar... I want to make it digital...
IfI buy 1; 3 dollar ampl and the market flatlines.
ie doesnt grow anymore... you now have 3; 1$

In audio we call it AtoD and DtoA (analog to digital) and vise versa.

Fiat = Analog
Ampl = Digital...

As the market grows you are getting 5-20% daily gains............... yes daily gains.

When the market finds its CAP 1 AMPL = 1$

like AtoD in audio... this is a FtoA abd AtoF converter.
in this scenerio... A = AMPL and F = Fiat...

Get it?

>>20527237
When AMPL took a 50% hit...
Being in the beehive; only took a 20% hit...

People in Geyser and those just HoDLing AMPLES were back in the green in 3-4 days

>>20529888
>How is it a ponzi?
>as long as other new people keep showing up and putting in money

>>20530908
If I buy 1 AMPL for 1$...
Lets say "one" is the last person on earth; the ampleforth computers still work...
YOu now have 1 AMPL that is worth 1 AMPL (not dollar)... Whats an AMPL worth?

OK real talk now:
Lets for a moment assume there would not be a stormfront of Jews, nations and cooperations against a new sound money for the whole world and goyim.

Lets assume ampl pulls it of the money singularity.
>getting biggest crypto
>getting biggest currency above the dollar
>gets world currency everybody use it

We are stable now, we only decline when there is a black swan, wars or catastrophe. Otherwise we rebase a bit possitve each day like 0,1 or stay stable. All anons out there get their share of the future wealth of whole mankind - yay.

Brings us to:
>first 5% who bought in are the new elite
>next 10% are the 100+billion club
>next 10% Billionaires
>next 10% multimillionaires
>next 10% millionaires
>rest rebases positve on around 0,1% on his wageslave salary

So what now?
Is this world any better than now? Looks like the same game just different players now.

Please anons help me - where is my flaw?

>>20531198
a bunch of titanium handed anglo and caucasoid chauvinists armed with 6 millenia worth of redpills will be billionares. you don't think that tips the scales a little?

>>20525716
you can smell a smoothbrain from a mile away

Here comes the mcap correction...

>>20531198
This is what I have beenthinking about...

If we assume this
Brings us to:
>first 5% who bought in are the new elite
>next 10% are the 100+billion club
>next 10% Billionaires
>next 10% multimillionaires
>next 10% millionaires
>rest rebases positve on around 0,1% on his wageslave salary

Which is where we already are.
What system is better?

If UBI were a thing... How to implament?

Serious Question... From a wage slave (got in at 20mm cap) no billions were in the system.

What does a perfect or better system look like?
biz/// can we have a serious talk about this?

Awesome point Anon.
The AMPL teams intent in on the side of the people...
Can t be currupted... yes...

Lets talk biz//

>>20531393
Those fucks buying up everything its insane.

>>20531430
you can make 10-20% daily gains while they do it.

>>20531393
are you retarded? do you people have hands made of sand? hold this shit you fucking retards. i have no idea how you're going to handle Bitcoin when it starts breaking all time highs

>>20531421
Anon Im really trying to grasp my head around this but I have no answer.
We would have a slightly better world in the example scenario yet the game is the same unless we have robots for the shit work that has to be done.
Yet the reality is such a scenario wont ever happen without the leaders of this world so what? Grow crypto as big as it gets use a ponzi style coin for it to onboard masses. Could work a good while I dont know.

>>20530908
that's not the definition of a ponzi. that's literally how the price of stocks work too

>>20531198
The flaw is that I'm gonna fuckin make it

>>20531560
You can make gains (currently) that will raise you % in the social scape?

Are you going to be greedy or greatful (pay it forward) with your gains?

Could 369 make a difference if we had the $$$ to build it?

How do we 46&2?

Convinced people claiming Ponzi don't understand the underlying concepts of what make it a scheme.

That said, stop shilling this coin on /biz/. It's still early and idiots here are going to lose money trying to swing it

>>20531540
I dumped off a bunch at $3. Comp whale pulled out 200k, another whale pulled out 900k and it's gotta cool off at some point. I've still got 145eth/12k ampl in the geyser so I'm set either way.

do you guys really think this can go to 1b mc?

>>20531858
That’s a 3x lol. Why the hell not

>>20531858
This is the end of the hype cycle. The mega dump will follow soon

It's the definition of pyramid scheme

>>20531786
When whales pull out... % of pool share increases.
Costs them ___$ more to buy back in?

Is this correct?

>>20531858
litecoin has a dead github and was exit scammed by its founder during the peak of the 2017 bull run. it's currently worth $2.7billion. yes, ampl can hit $1billion

>>20531934
If/when a dump happens... Im buying as many cheaper AMPS as possible.

>>20531540
SHHHHHHHHHHHHHHHHHHHHH...

>>20531963
Why would a whale sell when they can buy 1 BTC a day with their rewards? or spread it acress DeFI land?

>>20525589
you absolute retards.

$AMPL is a clear pump and dump. They are printing assets out of thin air, just like $XRP did, and they will algorhytmically (synthetically) decrease or increase the price "according" to demand.

This incentive will last for a while, but its a musical chair or hot potato scenario.

What happens if you buy, waiting for a rebase at $3, and it dumps to $1.06, just like it dumped 50% last week.

Be very careful of these carefully crafted pump and dumps, they are naturally getting more and more complex, because the average crypto investor is not falling for it anymore.

In the near future, we will see memes that say 'but muh elastic supply", its going to be another meme.

Bitconnect and Ampleforth share similar tokenomics, gibs me and i will gibs u more.

>trust me

>>20531963
It certainly is, provided the mcap as a whole remains static/increases. But it's been ranging all day today and it looked to me like it's due for a correction, but I'm a shit trader. Either way I'm happy. I got to go shopping and picked up 9k link, a linkpool and 100 eth. If it continues to pump the geyser will still make me rich, and if not I get to buy back in lower for round 3. Hard to go wrong.

>>20532139

>>20532139
This. Ampleforth is the new Bitconnect. Anyone who is dumb enough to fall for it deserves to lose it all.

>>20532139
Umm people who bought the top last week are already in profit brainlet.
Your “thin air” argument is just that - thin air. Ampl prints tokens instead of the token value skyrocketing.

>>20528909
Ride the Whale waves...
Dont get emotional when the splashes happen...
Ride the waves...

HoDL for sure...
Possible have a seperate stack to swing.
Dont swing until you have watched the AMPL dashboard as well; have watched the #s (tokenomics) through Zapper.

Dont swing until it Clicks...
It will take time...
Even the team reccommends; studing it for 2 weeks before you play with it.
Buy (accumulate); HoDL; learn...
Then decide if you want to trade.
Psycology is almost more importand than charts in AMPL trading.
Swing Trader got ReKT last 2 days. The price held after rebase.
Even some AMPLechads gor ReKT... sound like.

Literally defies the laws of mathematics.

I'm all in.

>>20527940
>tfw didnt sell the dump
phew AMPLchads that was a bumpy ride. time to clear $3 before tonight's rebase!

>>20533746
Ugh. Sold at 3. Fomo'd back in at 2.90. I need to stop looking.

lads
TWO HUGE whales caused a dump in this 24 hour period
and yet were back to 3$

>>20533797

anon, I held through the dump from $4 down to $1.36 and STILL collected rebases every night, this is a set it and forget it, chill.

i've doubled my stack since then do just by doing nothing

>>20533408
>Token invents time travel
Making it

>>20526477
>ampl use case is "diversifying your portfolio" or "better bitcoin" which is nothing revolutionary.

ever since AMPL i never feel alive outside of 9-11 PM EST

what exactly did wang chung mean by this?

>>20534735
I swear i get so excited that i kill a few brain cells just from thinking about it too much

>>20533408
Its completely new.
None of the systems knpw how to follow it yet...
Hence why
>>20531787

>>20533408
This is how it rose 400mm while showing massive loss on the charts.

Truly brilliannt...

>>20534980
normie charts :)

>>20534830
This is called MAKING IT Ampleforce...

>>20525589
Can you explain why you think it's a good investment?

>>20535043
number goes up every day

>>20533866
how much did they dump?

>>20535043
>Can you explain why you think it's a good investment?
it will keep going up because the entire ethereum defi ecosystem wants it to.

>>20535043
Most exciting concept of a token that's an economist's wet dream. Comfy hold coin to hold. <9k wallets still.

>>20535043
It makes you lots of money

>>20525716
lol 120 iq midwit
bitconnect hit $400
HEX 900m
its literally a 90/250iq coin

>>20535143
it's the same as the tulip bulb FUD
if its actually tulip mania that means we're only halfway through it, bulbs hit equivalent of 50k USD ATH

This is about the third time biz has really tried hard to fud this into a reversal. Each time they have been btfo. Ofc we cant run up at this pace forever but we are still in price discovery. My guess is we break the top 20 and settle down a bit. Then Coinbase listing and the mainstream fomo comes with real vol and the big exchanges. Global investors will see the value in non inflation assets.

>>20530775
technically you need 9 days with 10% increase to recover from a 50% drop Rajesh

>>20535346
Based

>>20535143
To be fair, you have to have a very high IQ to understand Ampleforth. The tokenomics are extremely subtle, and without a solid grasp of basic mathematics most of the mechanisms will go over a typical investor's head. There's also AMPL's rebase, which is deftly woven into it's elasticity- it's price fluctuation draws heavily from fleecing idiots, for instance. The fans understand this stuff; they have the intellectual capacity to truly appreciate the depths of these mechanics, to realize that it's not a ponzi- it says something deep about economics. As a consequence people who dislike AMPL truly ARE idiots- of course they wouldn't appreciate, for instance, the impermanent loss in AMPL's Geyser, which itself is a crypto reference to uniswap liquidity pools. I'm smirking right now just imagining one of those addlepated simpletons scratching their heads in confusion as Nithin Krishna's genius wit unfolds itself on their computer monitor. What fools.. how I pity them.
And yes, by the way, I DO have an Ampleforth tattoo. And no, you cannot see it. It's for the ladies' eyes only- and even then they have to demonstrate that their portfolio is within 10% worth of my own (preferably lower) beforehand.
>>

>>20534830
No way it is going to zero, people forget that shit like Bitconnect had you buy it on a shifty website. AMPL is actually adjusted down as well as up, it actually encourages trading and healthy dumps.

>>20531560
With an AMPL backed system...
Can the whales of the world still live in opulence?
Yes...
Can they do it with an infanite supply where everyone can have it as well... Live better lives (what ever that looks like to each individual)?

They can keep theirs and still have enough to go around. Im thinking the Geyser allows the whales to make mad gains while spreading their wealth.
Paying it forward without taking a huge hit.

Thoughts?

POO

i will never pay over $2 for AMPL. until it is under 2 again I'm sitting this one out fellas

>>20535441
Doesn't ample have more notable people and partners that would suffer for promoting a scam then bitconnect did? I wasnt here for bitconnect so Im genuinely asking

>>20535547
it's not even comparable to bitconnect. bitconnect was a literal scam that was unsustainable, it only kept going because bitcoin kept going up so much as well.

>>20535537
I know this is bait but this is literally why ampl will keep going up. The average trader will never do any research and will continue to trade the unit price.

Ponzi scheme

>>20535712

NGMI

>>20535093
in total around 50m of marketcap

Amplechads gonna win this round... get a rebase... and continue their pump...

Me the Virgin pre rebase seller gets rekt, the memes are true...

>>20535537
>>20535625


Exactly... its like, they dont even realize when they say shit this thats it's actually exposing that they don't know what they're talking about. Or it's just too complex for them to wrap their brain around.

Like, how do you read this thread and then say you're not buying in to a certain price. Like, you completely don't understand AMPL at all then and maybe its best you sit it out lol

Just spent $55 in gas to stake 30 AMPL in the liquidity pool and then the geyser

>>20535968

jesus christ why. Would you even make your money back after the geyser is over?

>>20535454
I saw a whale with 100 million worth of defi tokens pull 900k value out. That was a hundredth of his visible stack... I don't think he's looking to make you and scratch

>>20536053
No, I basically lost 60% right off the bat. That also included swapping to get the AMPL. I realized early on what was happening, but fuck it, I wanted to try the geyser.

For anyone curious about the "OMG whales pulling out!" FUD all you have to do is look at the Uniswap Pool:

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

They think you are stupid.

Do your wallets actually get a payout for holding, or does it have to be staked to do thta?

>>20535968
>b-b-but muh dividends!!!!

>>20525654
>>20525589
Found the gullible poorfags

>>20536224
i wonder this too

>>20531421
>What does a perfect or better system look like?
the thing is. with the current system. the FED prints the money and gives it to the banks who give it to their friends and some small scraps trickle down to us.
with AMPL the new money goes DIRECTLY to the people that own it. There will be a hierarchy because of TIME. no matter what system. the properties of TIME create hierarchies where the first people in get the most benefit. It happens time and time again. It is part of the universe. But AMPL is the best system to distribute new supply increases to all who have AMPLs rather than the banks and their buddies.
Sure the top holders get more money - but they get in proportion to their share not more, not less. Eventually, i think they will become diluted as you do have to pay for things.. and as the MC continues to rise - it gets harder and harder to buy back the same % of the network. so over time - top wallets (IMO) will loose their AMPL and that will be distributed to people (like fiat) but ATLEAST they wount get fucking 90% of the new money being printed. They only get .1% or 1%.
and humans cant create a "perfect" system because humans will corrupt it somehow - so the only "near-perfect" system would one that is watched over by A.I and in the case of AMPL - and algo

>>20536311
>>20536224
You just need to hold the token in your eth wallet and youll get the rebase.
Geyser is to provide liquidity and get extra tokens for doing so. Its worth it if you plan to hold longer and not pull out on dumps

>>20535392
the beehive you idiot

>>20536367
Smart Infos you shoot there anon and I agree with it. Well done.
But beside Fantasy what do we take of from our current situation?
Lets say 2-3 years from now when crypto has a mc of 2T+. We do see ampl as the main medium of exchange and 100% of the participants in crypto hold it? So a coin to rule them all with 500bil+ MC alone?
I mean in theory this is the inevitable outcome isnt it?
All the anons who put in like 1000$ today will have at least 1 million etc, let alone anons who went in big today.

https://www.coingecko.com/en/coins/ong-social

>>20536367
Durden (Fight Club)

>>20536516
>All the anons who put in like 1000$ today will have at least 1 million etc, let alone anons who went in big today.

in the scenario, yeah - i suppose you are correct. the same thing happened with BTC. but i really dont follow the point your trying to make with this.

you can't make people see an object that they have never seen AND that is nowhere near them. meaning: the people who will buy AMPL are people who are near it (crypto) and can see it (understand it) and thats how all things work. is it unfair? im not sure. In some meta-narrative-type way - it is unfair but so are all things. if someone truly thinks that this IS unfair they CAN educate the people who are not near it and cant see it. A person can spread the word but there will always be people left out - because of time. it takes time for things to grow. nothing comes into existence 100% at the very second it exists - hell even the universe took some time to inflate. its just physics.

>assuming your talking about the future distribution of wealth via AMPLs

>>20536367
You've spent some "time" thinking about this Anon...
Thank you; honestly... Thank you for your insight.
Real Talk... Thank You.

From what you have seen (you clearly see the potential of this), how far away are we from mass addoption?

>>20536367
This guy gets it. It’s a more fair distribution system that tether, that’s for sure. At least if you’re part of the network you benefit proportionally to your share.

>>20535968
Gas fees are like tuition fees for DeFi, you did a dumb but at least you'll learn, hopefully.

>>20536755
>>20536799
i appreciate that anon, thanks.
I really dont know desu. im a pragmatist - so i think there will be things going wrong in the future with this - the work is yet to be completed. Right now - we are still waiting to know what its gonna be like in a high liquidity+negative rebase environment. When that happens - you will see a wave of FEAR/FUD about AMPL on Biz and in the market. We have to wait and see how people respond to it. but i do think that the protocol has enough incentive to "rubber-band" us out of it. I know that - if/when there is negative rebase - im gonna be watching and waiting to buy. its almost as close to a guaranteed return you will get - assuming something catastrophic doesnt happen. AMPL still have to get use as collateral but for that to truly happen - it needs to get out of this high volatility cycle and enter a medium-volatility cycle. and then using it as collateral is more attractive for exchanges bcuz at that point the protocol would have proven itself to be capable of "rubber-banding" up and down in a high liquidity environment. so all that still needs to happen. So far so good tho.
As for larger society - i have no fucking idea man. there are too many variables to predict an outcome. BUT its gonna be hell of a ride.

>>20536749
>in the scenario, yeah - i suppose you are correct. the same thing happened with BTC. but i really dont follow the point your trying to make with this.
My point is not on the fairness of the system the question was:
Will AMPL roll crypto up like never seen before? Are flippening moonboys right.

If the project works like intended I dont see any other outcome. That is the issue I have I fucking cant grasp my head around it that we are witnessing something revolutionary - I may be too small minded for it.

>>20536974
:)

>>20536367
>FED prints the money and gives it to the banks who give it to their friends and some small scraps trickle down to us


You guys have way more power that you will ever know.

You have power. This is your coin.


This looks like a traders coin, and it is at first. But look at the logo. The name. No doubt, best in crypto. Satoshi-esk.

>>20537037
>Will AMPL roll crypto up like never seen before? Are flippening moonboys right.
AMPL aims to solve the "liquidity problem" in crypto. if it succeeds - imagine crypto with infinite liquidity.

>>20537037
>>20536974
you kind of answered it already. We will need to watch how it plays out in reality. btw negativ rebases can only be max 10% so even if we dip to 0,80$ someday and this dip is not eaten up super fast holder "only" lose 2% on this day. Its not as violent as the legs up.

>>20537108
obv. not actually infinite - only as a function of unlimited supply/demand. but in theory, same thing

>>20537108
>imagine crypto with infinite liquidity.
I do that for days and yeah...

>>20537129
i just want to see how people respond to it - since anons are already having a hard time. Its gonna be some serious FEAR in the AMPL market. and the people that do understand it will profit most from it - while those that dont - will loose money or miss out on future profits

>>20537150
yeah unlimited as long as the market demands it and easy reduced when necessary

If it works it will lease to crypto with just enough liquidity to accommodate demand for trading. It’s really the perfect project for DeFi and I’m so excited to be part of it

2000 eth dumped lmfao

This coin is a LIVING NIGHTMARE for tax keeping purposes. The daily rebases are pure hell. It's not worth my time when there's other stuff that doesn't require me to record an airdrop every single night.

>>20537272
It don't even budge the market. Seriously this is insane.

>>20537305
THIS
I was thinking the same and it already gets eaten up...

>>20537295
>tax keeping purposes.
its coded into the protocol and there are NO AIRDROPS OR TRANSFERS. if the IRS looks at your ethscan - they will not see any new coins coming in. i think youll be fine. anyways by that point youll have enough money to ease on by

>>20537272
Kek it gets eaten up in seconds. No one wants off this ride. I’ve moved from top 270th wallet to 290th in a couple days and I haven’t pulled any out

They created a monster :)

>>20537326
There are coins literally magically appearing in my wallet every single night and not even my crypto tax program can record them.

>>20537379
>magically
exactly. just attach a copy of the white paper with your taxes

>>20537379
Is anyone here from Sweden? what applies in regards to taxes? we don't have to record every swap or airdrop like burgers do, do we?

>>20526793
Can anyone tell me what the rebase is at $0.50?

>>20537413
kek I can just image some IRStard reading the whitepaper right now.

>>20537449
-5%

All those taxfags inhere makes me want to puke.

>>20537295
on days where you sell, just add the ampl that magically appeared in your wallet until then as an airdrop or sth

>>20537560
Yeah....
If you already have a high networth (me), positive rebase is the same as a stock split.

>>20537295
> The daily rebases are pure hell. It's not worth my time when there's other stuff that doesn't require me to record an airdrop every single night.
Confirmed poverty tier and sour grapes:
>>20537675

>>20537675
Its not that Im a poorfag bro and Im also not super cyberpunk that does everything to avoid the taxjew. YET your american crypto to crypto tax is just stupid as shit imagine you have to keep track of your coin flippings like lmfao.
Also seriously the first thing that comes to your guys minds seem not the gains but how to please the taxman its laughable how often you hear "omg crypto trading is not worth it due to taxes" meme.
Guess to have skin in the game doesnt mean one has balls.

Actually no bully bro.

>>20537765
You don't have a high networth because you don't understand the risk of an audit. Proving you are not "in the wrong" takes a lot of time (money).
It's important to keep good records of all investments (*especially crypto*) if you plan on getting rich 1 day.
Just a tip. Take it or leave it and good luck out there.

>>20537853
Good luck to you too anon.

fug, it's pumping. Anyone think it might actually post rebase dump at this rate?

>>20538298
yeah a little bit

>>20535392
but what if the price dumps proportional to each of those 9 rebases?

>>20535392

assuming there also is 0 price growth over the course of those nine days. Will likely be shorter as it will start to go back up once the dump is finished, so recovering is usually a bit quicker

>>20537853
how much do you own anon? do you flip rebases or are you holding?

>>20537853
>>20538152

Jesus, just take a 2-week vacation in Dubai and realize your gains there

What time is the daily rebase?

>>20539012
literally right now

reBASED

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

no post-rebase dump today, some swingies got justed

>>20539306
>no post-rebase dump today, some swingies got justed

lmao fuck them

it just occurred to me that a lot of us are going to be millionaires. holy fuck.

aaaaand wala! just made $1000 holding some shitcoin.

I know for a fact you fags bought this shit or .40cents and knowing that very fact I'll never buy this shit.

This is too easy. See u for tomorrow's monster rebase anons (non salty ones)

>>20539563
Imagine not buying BTC at $100 because some chad anon bought at $1

>>20539563

I bought at $3.75, literally right before the crash last week. I nearly shit myself holding all the way down to 1.51

There are ~8000 wallets holding AMPL and 171,000 holding LINK. We are still so fucking early. This anon
>>20539627

has it exactly. Some guys are going to retire on this, but there's an easy 10x left right now, maybe 40x.

>>20539545
I started with $700 a little over a week ago and my rebase today was worth $700 before the drop. This shit is crazy

>>20539351
On path to be a millionaire sometime in August. Shit is insane

>tfw doubled my money and pulled what I initially invested to basically have a free small loan

wise or unwise im just glad that i finally made money for once

>>20540086
why you pull?

>>20540105
FUD was getting to me, and I felt like I should at least have some cash to support myself

>>20539999
No

you can always tell when devs post shilling their own coin because they talk like tongueless retards

>>20540126
Well gratz, more money is better than no money

>>20540134

Fair enough, friend -- you can't catch them all. I hope you get on the next one. However, being this risk adverse AND ignoring quads makes me suspect you might not ever get those life-changing gains.

>>20540043

Same. I wish I'd maxed out everything to get into this but I am not going to turn up my nose at this sort of money.

I mean, it's not Lambo money but you can cash out a million, stick it in tax-free municipal bonds at 5-6% per year, and have $50,000 a year, after tax, for life. Very very very tempting.

wHAT IS A SUICIDE STACK?

>>20540086

Ain't nothing wrong with that Anon

We're entering a new boom cycle with DeFi and 99% of the people in CRYPTO, let alone normies, haven't even heard of it.

A little intelligent risk and we are all going to be rich this year.

>>20540220
> Anonymous (ID: T4NtDpSM) 07/20/20(Mon)19:56:13 No.20540220
wHAT IS A SUICIDE STACK?
Anything less than every single cent you can get right now

>>20540201
I’m balls deep in link. I don’t chase shitcoins associated with link to pnd on people.

>>20534830
the meme is RETARD FILTER

>>20525589
AMPL will be what ignites the next crypto bullrun.

>>20540264

Well done, Anon. I missed out on LINK myself, so I'm glad I caught this one.

>>20539999
uhhh checked

>>20539999
>9999
Holy based, we're really gonna make it aren't we

AMPL will probably be one of the most legendary things in all of crypto and finance combined. Won't be long till you see a ticker on Bloomberg and MSNBC, etc. Bitcoin will probably drop out of the top 10 as AMPL and ETH rise. ChainLink is coming too. Serves Bitcoin right for losing it's roots and wasting all of our time with bullshit. This is the makings of the REAL revolution. Bitcoin was a scam.

>this time it's different
hope you niggas are taking some profit on the way up

>>20526902
yes... ether way...
there are different strats foe each.
DYOR
AMPLEFORTH
Red/White papers

>>20539999
There's still an easy 100x left. 1000x is a harder.

>>20540126
>>20540299
>>20540318

AMPL is gonna BE the defi bullrun all in one coin God willing

>>20540404
Yes, it is different this time. We were scammed in 2017 by the Bitcoin fake decentralized crypto scam. Now the real shit is here. Strap in mother fucker.

>>20540456
made my profit on this and rolled it in to bnt
GL

Do you all get it? The demand and use of this asset will pump the fuck out of crypto. If you're a long on ETH, prepare to take off soon. AMPL demand is going to send it up 100x

>>20538731
That is not how it works you fucking moron, lmao...

>>20540568

Enjoy poverty, friend!

I hope no one is even considering selling now at a mere 308m market cap. If so, you are CLUELESS.

>>20540535
i cant wait for the next crypto correction, i wanna see how it does (last time there was low-liquidity). and IF IT IS uncorrelated ... then HOLY SHIT. AMPL might be the safest investment in a crashing economy.

>>20540594
we just entered a new paradigm. 6-7mill ---> 60-70, 60-70---> 150 ---->150 to 300; 300 --->500, 500 ---1billi

>>20525589
>be me
>see a thread that posts this:This shit is absolute genius. How do people come up with this, this is like nobel prize winning economics right here. This could be the first project that literally just goes up forever.... this could go top 5 no joke.... maybe the first project that ACTUALLY has a shot at flippening the market. I feel like I'm tripping balls just reading about it.
>think "huh, maybe anon has some insights about a promising new project i'm not privy to"
>Click on OP's id and see he's posted 4 times
>surely OP has gone over the insights he hinted at in one of these four posts
>check the posts
>OP did not deliver, but thats Ok, he's only posted 4 times and theres plenty of opportunity in a full thread
>see there are already 249 posts in the thread that OP has only posted 4 times in and has not given any details

go fuck yourself you nigger faggot

>>20540686
>hur why doesn't internet man think for me so i get free internet money

>>20540686
Do you really need to be spoonfed? This is not the coin for you, I'm sorry

>>20540722
>>20540773

When someone posts: This shit is absolute genius. How do people come up with this, this is like nobel prize winning economics right here. This could be the first project that literally just goes up forever.... this could go top 5 no joke.... maybe the first project that ACTUALLY has a shot at flippening the market. I feel like I'm tripping balls just reading about it.

and then he doesn't talk about the thing he is supposedly so excited about, it makes it look a lot like just another shill thread friendo. And you know that i'm right because i AM objectively right.

This project is so on point, literally the ONLY thing negative about it is how solid it is makes people uncomfortable because the are not used to things being right in the world. That's literally the only thing FUD has to feed off of, too.

why would changing supply but not value actually do anything?

>>20540814
im with u anon

If I staked 5 ampl in the geyser I'm expected to make 500k ampl per month? What the fucking dick am I missing here

>>20540848
Ballance

>>20540942
LOL thats not AMPL thats the uniswap pool token you idiot

>>20540942
You would if you had 5% of the liquidity pool

What you stake in the geyser is your % share of the uniswap liquidity pool -- see how the wallet balance says UWETHAMPL-V2

Read up https://www.ampltalk.org/app/forum/ampl-geyser-19/topic/about-the-geyser-21/

>>20540942
Token : UWETHAMPL-V2

>>20540942
See that thing above the form field that says "Wallet balance"? Notice that it says it is denominated in "UWETHAMPL-V2", and not AMPL? Yeah, that's what your are missing.

>>20540942
5/// where you have it is the price of
UWETHAMPL-V2

>>20540987
Or maybe not 5%... That might be 5x lmfao

Maybe .05 UWETHAMPL-V2 is 5%

Idk

Point is, you won't make that much staking 5 AMPL by a long shot.

>>20540961
go on...

>>20540814
No one wants to explain the fucking basics to tards over and over again when their whitepaper and redbook do it pretty well. If you have actual intricacies you want to discuss then bring those up.

>>20541019
>>20540999
>>20540995
>>20540987
>>20540976
Thank you for the feedback frens

Who is still selling at this market cap and price? Better time for whales to profit would be right before the rebase, right?

>>20541031

Instantly elastic supply solves the stablecoin problem. Stablecoins have a stable price but limited supply, because the supply of the stablecoin is limited to their reserve of USD or whatever it's pegged for.. You can't buy a hundred billion Tether, for example. There isn't enough.

Conversely, you can buy a hundred billion dollars worth of BTC, but you will blow the price into national-GDP levels of price chop. Your hundred billion will be worth a hundred and fifty billion, then maybe eighty billion, then maybe a hundred and fifty billion, then whatever the fuck it's going to be, which is not something anyone with a hundred billion dollars is going to agree to.

Theoretically, you can buy a hundred billion dollars worth of AMPL. If there are less than a hundred billion dollars worth of AMPL, it will blow the price up same as BTC, BUT then the rebase will then automatically inflate the supply until AMPL is back at $1, adjusting all the way, BUT your hundred billion will always be worth a hundred billion. You will eventually end up owning 100,000,000,000 $1 AMPL. Guaranteed.

That's it. It has theoretically unlimited supply, but also long-term a stable token price.

>>20541082
generally, yep

>>20541031
There are others that can xplain in more eloquent terms...
I see things visually in my mind... like how they work. I see it through liquid vs solid.
When you have ampls and try to trade... 15 different scenerios come to mind.

Sit with it for a week and watch...
Everyone will have a different way of interrupting the data... Psycology, world view, net worth... will all factor into how you see this.
Its honestly going to be a different thing for everyone.

>>20541213
This...

>>20536080
hey dickhead, next time drop eth in the beehive on zapper you mongoloid faggot

>>20541213
Hmmmm so is it always trying to be tied to one dollar per coin? Are we just trying to ride spikes? How does it actually accomplish this? If I buy AMPL right now and the price goes down my billion is not a billion anymore. I see that I will own that same percentage of AMPL but then AMPL tech itself will just be the source of its stock-like movements, making it just another stock. What am I missing?

>>20541452
>I see things visually in my mind
yo me too bro! question: dont you think that visual thinking is closer to the truth than language?

>>20541678
if you put in a billion; and the market "other than you dissapears...
When the dust settles you will have 1 billion AMPS.
With a few other pieces of already existing tech...
You can spend your AMPS like dollars..

Look at the adoption already...
Market pairs, Ampleforth CMC..

Its already in so many places

>>20539999
Hayek is looking down at us smiling bros

>>20540832
I felt that

>>20541678
>Hmmmm so is it always trying to be tied to one dollar per coin? Are we just trying to ride spikes? How does it actually accomplish this? If I buy AMPL right now and the price goes down my billion is not a billion anymore. I see that I will own that same percentage of AMPL but then AMPL tech itself will just be the source of its stock-like movements, making it just another stock. What am I missing?
anon you should read the red book if you care about making money.
How does it accomplish? supply and demand, profit seekers and arbitragers (rebase)
if you have a 1000 AMPL at 1$ and it goes down to .95 cents then yes, its now worth 950$ but it will trend back up. Here - you should look at the MC - so you have a $1000 at MC 100 milli. it crashes to 60 mil MC (-40%) and then it goes back to 100 milli - now you have $1000 again. so treat the MC like the price chart.
the AMPL market with incentives and traders and the rebase is the source of its movements. making it theoretically uncorrelated from the rest of the market.

>>20541783
thinking is universal.
Language is devided.

Ever tried thinking (seeing) without having words in the brain?
Like truly visualize...
Language is used to interpret our realities.
Language is programmed / learned.
Without it... Would the world be interpreted through visual knowing?

Language is the foundation that creates the reality we live in?
Thoughts?

>>20541876

Symbols are the foundation, language interprets symbols, but otherwise you are absolutely correct

>>20541890
Thank You for the correction...
Letters are sybbols after all... My bad...

>>20541876
yeah i feel like alot of the things i know about are just visual and then i try to explain them to myself. but its exactly like you described ... just two things coming together and interacting and then language is used to describe that to someone else. I wonder if in the future - people will think with symbols/visually - since our culture is becoming more and more saturated with images and less and less with written language.

>>20530775
why are people punished for adding liquidity in the geyser/beehive?

>>20541876
>Language is the foundation that creates the reality we live in?
i personally look at it as a "superimposition" onto reality. the "real" is always there but people get caught up in the illusion of the superimposition. if that makes sense?

>>20541678

That's more or less correct, however, the bigger it gets, the more proof against price fluctuations it gets.

The biggest non-exchange individual wallet holding AMPL seems to hold about 2%. If AMPL hits $100b market cap, which while unlikely is not outside the realm of possibility, and is stable at $1 per AMPL, that guy cashing out $2 billion will bump the price down by 2%. If absolutely nobody at all buys up any of those tokens, the price will drop 2%, and all wallets will later see a ~0.15 % negative adjustment that day as the rebase contracts the supply toward $1.

More likely is that those tokens will be bought up, which will create positive price pressure, driving the token price back to $1 before a rebase is even necessary.

>>20541871
>>20541795
What happens on the daily debase?

>>20541958
well he is saying the beehive was better than just holding and the geyser. The geyser was the first iteration and the beehive is the second. BUT in a whole market cycle - these two methods are used for risk management and not profit maximizing. the method that gives you the most profits will also give you the most loss.

>>20541958

Staking shields you from massive losses while limiting potential gains. It's the safe play that will guarantee you decent gains in an up market, while shielding 90% of your stake from losses as long as the price doesn't go down to literally 0.00. It's a tradeoff and you need to figure out what your objectives and risk tolerance are.

Here is a nerd with a potato microphone explaining:

https://www.youtube.com/watch?v=ZxGc4KHS9SI

>>20542007
rebase is the adjustment of the supply based on demand. so, rn there is alot of demand so there is positive rebase (supply increases) every day. when demand reverses then there will be negative rebases (supply contracts)

>>20542077
also price has to be above 1.06 for positive rebase and below .95 for negative rebase

>>20541984

Bro... Ive watched ove 15000 hours of videos..
No Joke..
1st vis is top 3. How to create your own reality.
Learn How To Control Your Mind (USE This To BrainWash Yourself)
https://www.youtube.com/watch?v=v7KQsS2kLM4&list=PLgBy08OhGgUZuSvTLabXEg6BW142-ddlS

Look whay science says... way way way down the rabbit hole.
Ancient Text Reveals Hidden Message In Human DNA | GREGG BRADEN
https://www.youtube.com/watch?v=4m-GqZjKtJk

>>20541992
Hmmm ok I see now pretty neat. And chainlink powers this ampl oracle. Every time I want to buy a new coin I just want to buy more chainlink

AMPL just got Esoteric

>>20540299

>>20542110
yeah im familiar with those. and actually has worked in my personal life. but i dont agree with the language "you CREATE your OWN reality" i think you create your own superimposition onto reality but reality (matter) is there all the same. you can change the quality of the superimposition and that leads you towards or away from certain "spaces".

>>20542115
>Every time I want to buy a new coin I just want to buy more chainlink

I wish I hadn't missed out on the really really cheap LINK. It's the principle of leverage, though -- how much of $300m does $10k buy, compared to $3b? Will it take more investment to make $300m go to $3b, or $3b to go to $30b? Then you have to figure risk/.

I think what Chainlink is doing for smart contracts, Ample is going to do for stablecoins. It makes sense that they're connected.

But I might be wrong.

>>20542211
Yo; Mind Blown
So accurate/precise with your language.
Respect Anon...
fully see what you are saying...

>>20542223
Thank you

>>20542223
When AMPL finds its cap... ETH, Link... Then the rest of relavent projects will Mars

>>20542211
have you read hegel and marx anon? you sound like you know your dialectical materialism.

>>20542274
thanks anon appreciate it
>>20542369
I havent but thanks for that. i think ill look into them

>>20542369
>hegel and marx
kek i mean i know them just havent read them.

>>20531786
kek
Maker whale just put in a mil, DYOR.

>>20542344
>When AMPL finds its cap... ETH, Link... Then the rest of relavent projects will Mars

Rock hard just thinking about it 2bh

https://www.youtube.com/watch?v=80txJJjHZwo

>>20542566
https://www.ampleforth.org/redbook/

>>20525589
>nobel prize winning economics right here
This
I actually feel the same way

>>20525589
Yeah, we know. Just market buy. This is a rise only market.

>>20525589
Drnb

>>20525589
>mfw ampl flips btc

>>20543484

Yes please, I could retire

>>20526575
>selling before new investors realize it's a ponzi scheme just like literally every crypto coin
You know you can't take your money with you to hell, right anon?