/biz/ - Business & Finance

>>20538813
At this rate it objectively will

>>20538813
here's one

>>20538825
Demand power should die down. This isn't natural.

>>20538842
you're stupid.

>>20538828
As if BTC hasn't seen that numerous times.

>>20538842
It's meant to have an elastic supply, so if the market decides it should have a $100+ billion market cap, there's nothing "not natural" about it. This could eclipse Bitcoin in market cap eventually.

>>20538813
a rebase does not create an equal amount of Buy orders. Marketcap might increase, however, this might be the greatest pump and dump scheme ever made

>>20538813
The team has 25% of tokens. Imagine that at even 150B market cap for just coming up with a clever algorithm and implementing it.

>>20538828
>he thinks its about token price

>>20538952
Think like a whale. This shit is making money, why dump it now instead of a higher market cap? (Unless you want to dump and accumulate more)

You guys realize its main goal is to stabilize.. right?

Who the fuck wants another stable coin

Screw this shit, deflationary or fuck off

>>20538993
what im saying is that once the marketcap is high enough, AMPL is one click away from empty orderbooks

>>20539032
Eventually it will, but that could take years. Until then it's a crazy roller coaster ride (that is going to make a lot of us rich).

>>20539100
there is no reason for whales to dump that hard

>>20539100
Someone sold half a million earlier today and it didn’t even affect the price

unironically becomes harder to dump the higher it goes.

>>20538828
>price
biz still doesn't know how the coin works. we're so early bros

>>20539100
this.
I think the project is good, and yes, will make people rich.
But if I'm putting more than 10 ETH, I can't really trust such a volatile environment.

I know, I know. It's all about the marketcap, but who likes to see their 40k eventually be worth 20k (what would have happened to me on the last dump had I been holding)...

I'd be barely breaking even now, and then I have to trust it not to happen again?
If in the end the MC goes to 1b or whatever you guys with crystal balls are predicting, it would have been worth it, sure.

But isn't it better to dump around ATH and wait for a dump to $2, buy back in, repeat...

>>20539254
This. This isn’t some 2 mil MC Uniswap scam where a few people can tank the price. You know how much money it would take to ‘crash’ a 500 million MC project? HEX hit around a billion MC I think and while it’s not at ATH anymore, its still held its value quite well and didn’t come crashing down like a lot of people expected. Once something grows past a certain point it can’t really be flash crashed like that

>>20538813
>Give me one reason this can't dethrone Bitcoin.
1. because anyone can clone it.

>>20539032
Its not a stable coin...
Its yor reserve... Liquidity...

>>20539330
>This isn’t some 2 mil MC Uniswap scam
actually it is. it was 2m marketcap for 2 years. it only started getting pumped and dumped on uniswap a week ago

>>20539317
sorry, I see it's already at 800 million.. ok... I was ill informed.. Hmm....

>>20539381
>. it only started getting pumped and dumped on uniswap a week ago
the geyser has been pumping the price for like a month lol, you're just late

It's already recovering. Jesus christ. We are actually going to make it

>>20538813
BitFinex SCAM token.
>KILL YOURSELF FAGGOT

>>20539317
everybody and their mom wanted to do this over the last week, which is why it did not play out like that

Coming to a MakerDAO near you - https://twitter.com/MakerDAO/status/1285245495242178568 . Ampleforth absolutely smashing this vote.

This is gentlemen for AMPL.
We just flipped Kyber.

>>20539317
Its going to win the makerdao vote... by a MILE.
This isn't dropping soon.
It will get to $3B and drop back to $1.5B

>>20539719
>https://twitter.com/MakerDAO/status/1285245495242178568

FOMO on this hasnt even started yet...

>>20539100
What is the geyser/beehive if not to incentivize liquidity?

>>20539381
Nice FUD. The token sale was last June so it’s barely been a year. Uniswap PnDs don’t get to 500mil MC anon, they get dumped anywhere from 5-10mil MC. Just buy in and join the financial revolution and quit being a salty faggot

>>20539352
What is Litecoin?

>>20538828
SPBP

>>20538813
let's hope that we all make money out of this before the MC collapses. A ponzi scheme can prove to be fantastic for the early adopters.

Only respond to me if you have at least 2000 AMPLs

>>20539919
Once we pass XRP we'll be ampleFORTH

>>20540048
18.5k here. Very comfy anon.. very comfy

>>20540039
got out over a a week ago with "only" a 3x
could have I held on for longer? maybe - but after living through 2017-8 I took my profits and moved on

>>20540048
2010 reporting. What's that mean?

>>20540068
i've only put a small amount of money on AMPL. I won't sell before I am convinced that the MC reaches its limits. worst case scenario i've lost $300.

>>20540463
reached*

>>20540463
so what's your MC target then?

>>20540664
the way this scamcoin is going, at least 1bil and if the general bull run continues and serious FOMO hits once it's in the top 20 we can see anything up to 3bil i reckon.

>>20538813
it requires oracles

>>20540823
BTC is a store of value or stake...
It serves a purpose and is not going anywhere...
Yet.

>>20540795
It will reach $3 billion in two weeks with these rebases. It is absolutely not slowing down by then either but is just going to pick up momentum because there will be even more interest and eyes on it. This is a trillion+ dollar market cap project in the long run.

>>20540795
1 bn seems reasonable.
sold all of my AMPL a day after the crash from 4 and put it in to BNT which I think has better fundamentals ("real" product)

>>20540919
you can't talk about trillions before we see trillions in the overall crypto market cap.

>>20540823
What is Chainlink?

>>20540919
This. It's either going to wildly succeed or crash disastrously. I'm willing to take that asymmetric bet.

>>20540968
Bancor is super promising and imo a safe bet.

>>20541009
I think both will succeed. But bitcoin can survive nearly anything. That has a lot of value.

>>20541029
think what makes me excited is that it's a really good defi shovel project (similar to LINK)

it's a deserved multi billion cap if v2 is a success

>>20540048
only 3k?

>>20540971
we will with this though

>people only putting a fraction of their stack in AMPL because they're too retarded and think its a scam
kek, even dumber than the people who don't buy in at all

>>20538813
probably the same reason as before. network effects.

>>20538842

>>20538952
>a rebase does not create an equal amount of Buy orders.
exact opposite anon. Buy orders create the rebase.

>>20539032
retard
>>20539317
you should read the reb book my anon

>>20539032
It is deflationary?

>>20540068
KEK i put 20% of link into AMPL and its now worth more than the link. im expecting a dump but thats supposed to happen.

>>20540971
Yes you can, because the value comes from AMPL itself.

>>20541638
When did you get in?

>>20540795
>scamcoin
so many biz/tards that still dont get ampl . . . its fucking hilarious and a little annoying because i have been trying to do my best to educate anons

>>20540971
I think we need to estimate what the entire DeFi market will be worth in1-2 years. If Ampl becomes the main collateral for DeFi then what does that mean for its valuation ?

OH NONONO AMPLCHADS WE GOT TOO COCKY

>>20541647
just like a weekish ago? dont even remember

NUMBER PLEASE GO BACK UP

>>20541662
mate, if the MC collapses, ampl is done. it will perpetually enter cycles of small scale increases and decreases of MC.

>>20541709
I see, I guess this can still go for a while...

>>20538813
there isnt one

>>20541776
i believe in the project and will be holding for a year atleast if not longer. i got a small teenie BZRX stack which hopefully goes 10x and i dont have to sell anything lol

well done anon well done,wish i got in then but im just happy i been in bout 3 wks now

>>20541732
>mate, if the MC collapses, ampl is done. it will perpetually enter cycles of small scale increases and decreases of MC.
lol maybe but prob not. the negative rebases are spread out over 10 days. in addition thats gonna be a SICK BUYING OPPORTUNITY for those that understand this shit

>>20541732
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.>>20542277

>>20542000
>>20541677
>>20541311
>>20541166
>>20539411
>>20539377
>>20539100
>>20538933
CCHEEECCKKKEDD

>>20542000
>i been in bout 3 wks now
fugg i wish

>>20542297
wow, that's exceptional anon, thanks.

>>20542487
its not my words. check this out if your interested in learning more

https://www.ampleforth.org/redbook/ampleforth_protocol/

>>20542487
>>20542595
if AMPL is to experience fuckery it'll start with the liquidity pool

I don't even want to spoonfeed anymore. If you doubt AMPL, spend $50 on it right now. Note how much AMPL you have. Check again this time tomorrow.

This will continue happening for the next several months on a daily basis.

>>20542702
Anon I know it can be frustrating at times dealing with brainlets, but let me say this... please keep doing it

When we are all at the citadel, it is the brainlets who we will be able to trust the most, they would never dare knifing us in the back since we are the ones that led them to salvation. And because of this, we can use them for our geopoltical bidding as frontmen. I encourage you to reconsider your hatred for your fellow bizrethren on this board. Everyone of us is a piece that will fit into the new paradigm we are building, some will just realize it later than others and that's ok for it is the natural order of things and what is natural is God.

>>20538813
rebased

https://etherscan.io/address/0xbb98f2a83d78310342da3e63278ce7515d52619d#tokentxns

2 hours ago a wallet identified as "mkr whale" linked wallet (previous / still?) MKR holder bought $1m of ampl. He then sent 200k ampl onto another address:
https://etherscan.io/token/0xd46ba6d942050d489dbd938a2c909a5d5039a161?a=0xc72d75203c29d71d81193ae549184b8da118eec1

This is the MKR whales accumulating AMPL,

BEFORE voting in the AMPL adding poll to add it as an asset.

Either buy now, or miss out.

Last days.

>>20543146
Amen

>>20543206
>shaking

>>20538813
soon top 10

>>20538813
It's a better currency than Bitcoin.

Anyone who disagrees is lying AND doesn't understand Bitcoin's purpose.

>>20543422
It is, this is a fact. One day AMPL will be worth 1 USD 2019

media attention starts this week.

the block will be posting fud articles in the next few days.

>>20544525
high IQ take right here desu