/biz/ - Business & Finance

>>20583962
rebased and amplepilled

>>20583962
What's a make-it stack at this point?

>>20584407
0.001%

>>20584407
0.005 percent of network

>>20584444
what would that look like in a few months?

>>20584444
>0.001%
Quads confirm

>>20584444
>mfw only have a half of that

>>20584507
and how much is that in ampies rn?

>>20584444
What's that in AMPL right now?

Not to mention 14.7MM deposited in the geyser.

What the fuck lol, this thing is growing too fast.

I have 0.0007% Is that enough to semi-make it?

3409 you fucker

>>20584583
Oops a tenth of that

>>20583962
Kike ponzi scheme with zero use case

Okay so I am in the geyser for one day and I'm already up 20% in eth AND 20% in AMPL. And I added liquidity AFTER last night's rebase. How does this make sense???

>>20584726
You actually get fewer gains with the geysir btw.

>>20584407
>>20584444
>>20584468
>>20584583
>>20584672
>had 0.009% and sold it all last week

>>20584739
What's the easiest way to find out what my AMPL is actually worth?

>>20584739
Really? Even if the ETH I put into it is ETH I was going to hold anyway and not sell for AMPL?

>>20584805
zapper.fi

>>20584725

>>20584815
Considering AMPL is increasing in value by around 15% daily it's increasing in value far faster than ETH.

>>20583962
Refuckingbased

>>20584871
>>20584739
So why is anyone using the geyser?

>>20585001
Retards and whales who want some passive income.

>>20585001
To provide liquidity to help grow the network, and to hedge against a huge drop in value/negative rebase.

>>20583962
you niggers are actually tempting me after weeks.

So how automatic are these rebases? Literally every wallet is automatically inflated? No way to escape it if you're holding ampl?

>>20585102
correct

>>20585102
Yes.

>>20585001
lower risk. but still get exposure

>>20585102
Yup.

It's... it's fascinating how this all works to be honest.... you can read about it for days and still only scratch the surface of the implications

>>20585056
>>20585095
Thanks frens. I'm trying to figure this all out. Wouldn't the 300% APY basically annul the impermanent loss up to something like $7?

>>20583962
based and rebased.

>>20585102
It's one giant transaction that happens automatically. It's built into the smart contract.

>>20585102
yes. If you are not in at least 100 bucks you are doing crypto wrong. This could absolutely crash. Yes thats a possibility. However it is also a possibility it could be top 5 crypto. Barely 10K holders. you decided.

>>20585102
You've been a good boy taking my spoonfeedings for a week. Heres another "spoonful" for ya
>Bbbrrrrrrrrrrappppppp

>>20585112
>>20585118

And it's essentially a coin where the price action IS the market cap?

Where can I see this in a graph?

>>20583962
Pivvr will reach at least .016 ETH. Pivvr is a money printer attached to a deflationary coin (PDS).
This is how it works. Pivvr will have multiple versions and in each iteration there is a new “stable coin”. It’s not a stable coin at all. The stable coin (lets call it PST) is pegged to ETH. 1 PST = 0.001 ETH. In the first version 1 PST = 1 PDS. There is a cap of 15000 PST. When PST launches there will be a scramble for PDS holders to convert their PDS to PST because it gives them downside protection while maintaining the upside gains. If PDS crashes you can still redeem the PST for 0.001 ETH. If PDS goes up you can redeem the PST for PDS. Once the cap is reached a new version of PST is launched and the amount of redeemable PDS for it is halved.
V1: 1 PSTv1 = 1 PDS = 0.001 ETH. Once the 15000 PST cap is hit, V2 is launched.
V2: 1 PSTv2 = 0.5 PDS = 0.001 ETH. That means the new price floor for PDS has become 0.002 ETH. Once again, the PST cap will be reached and v3 is launched.
V3: 1 PSTv3 = 0.25 PDS = 0.001 ETH. Now the price floor for 1 PDS is 0.004 ETH.
This process keeps continuing until the reserve runs out. There are 75 ETH in the reserve. That means 5 iterations can happen to maintain full backing of all PST tokens. Putting 1 PDS at 0.016 ETH.
The reserve will continue getting bigger. That means even more iterations can happen, making the price floor of PDS grow exponentially. Not only that but PDS is deflationary do will also be worth more in that sense.
What the developer has done is pretty much made a money printer that keeps increasing the value of PDS. Just like how tether is used to pump BTC. At the very least, PDS will reach 0.016 ETH. That’s a 5x from here.
I don’t think anyone really understands how this all works yet. But once people do, it’s gonna pump hard.
Pivvr printer go brrrrrrrr
>Uniswap
uniswap.info/pair/0x2EcF245B60e351A711e56A3ae25866d1c8BEb324
>Discord
n53ffy

>>20585158

But does this mean that ETH gas will kill it if it keeps growing?

>>20585363

Or it killing ETH lol, a parasite that kills DEFI.

>>20585237
>>20585363
>>20585389

ANSWER ME AMPLFAGS!

>>20585363
>>20585363

READ THE WHITEPAPER AND REDBOOK YOURSELF. We ampl chads have been explaining this process for a month now. Enough is enough. Last bone Im throwing anyone in regards to AMPL.

Its not a transaction that happens.

>>20585363
>>20585389
>>20585477
I'm no expert, I only bought yesterday and got my first rebase today, as far as I can tell you don't get sent extra ampls in a transaction, they just magically appear in your wallet, no transaction history

>>20585477
ampl is chain agnostic. its even finance agnostic. all that it cares for is that you dont lose purchasing power

>>20585237
Plot coin price and overlay market cap? Coingecko has the ability for this

>>20585511

What would happen if someone wrote a smart contract that created wrapped AMPL that didn't rebase?

>>20585521

Thanks! Guess it's not going to cryptokitty kill ETH.

Can anyone confirm Kucoin does a rebase?

>>20585598

What happens if you combined AMPL (plus something else) and a Balancer? Rebase and Balancer fees?

OK NOW ANSWER ME FAGGOTS >>20585136
(not even asking for spoonfeeding, just maths help)

>>20585136
Yes. It protects against volatility in the short term and vastly rewards in the long.

>>20585637
What happens is a wallet with ampl has a call function, so your wallet has a % of total supply. Its calls funcation and asks how much amp should this wallet have based on % of TS. Then it has that much.

>>20585639
I know it does but does it rebase the full amount? IDK. Kucoin could be skimming. havent checked.

>>20585639
Yes

>>20585547

Thanks, on it.

Well, I can say that it's a risk but that is a dank ass moonshoot so far

>>20585237
>>20585477
jesus you are useless. click on market cap
https://www.coingecko.com/en/coins/ampleforth

>>20585639
I've had it in Kucoin and it does in fact get the full rebase.

>>20585689
Thanks, anon. Some intimated I was a retard for doing the geyser, but I suspected they were in fact the retards.

>>20584444
How much does this cost right now

>>20585939
like 9 grand.

>>20585700
>>20585745
>>20585707
Thanks guys, just got 1k and put it in my main wallet

Tonight is the night of my first rebase, pumped up as fuck!

>>20583962
>It's all a fucking ponzi, stocks, BTC, your shitty passive coins. Literally all of it relies on more people wanting to get involved and pay more for things as time goes along
why do ampletards keep repeating this lie

>>20585903
Geyser protects against losses but if we ever see a huge level of rebase you'll definitely get hurt by that. However riding at 300% for a month or two after things stabilize will be absolutely insane unless we experienced unprecedented growth.

For people looking to build liquidity I believe wallet hodling is better. I plan on entering the geyser at the 60 day mark cuz I'll be around 100k profit on the low end.

>>20585939

Umm market cap * 0.001

400,000.

Make it so I can make it?

>>20586096
They just want people to buy in so that they can dump their bags at the right time

>>20586118
How much do you have right now?

>>20586096
>>20586143
the coin has $30mil in liquidity on uniswap alone. pretty hard to get dumped on

these stats have gone up every single time I check them. the god ponzi

>>20586144
I'm 40k into it. I've made 12k in the last 3 days.

>>20586693

Can i buy this shit directly through the geyser with eth via metamask?

>>20586135
do you know how percentages work? did you go to school?

>>20586809
No you have to contribute in the Uniswap V2 AMPL/ETH pool. You get tokens this way. Deposit those tokens in the geyser. That's how you have to do it. You can use zapper too.

>>20586809
you can buy it off uniswap yes. the geyser is just the uniswap ampl liquidity pool

can ampl switch to other blockchains or is it dependent on ethereum?

>>20586096
it’s actually true

everything is a fucking ponzi

https://youtu.be/jTQiaooeo_U

ethereum defibros are starting to shill

>>20584444
0.0012% reporting in, we're gonna make it.

>>20586096
How is this not true? In order for BTC price to go up, more people have to buy it, correct? For Tesla stock to go up, more people have to buy it, correct? This is factually correct, the only one lying is you about the reality of the situation

>>20587003
It can run on any layer 1 smart contract capable block chain...let that sink in

>>20585477

Go back to redit. I'm sure your cuck boards miss their mod.

>>20586084
Cheers mate

>>20587402

>>20586096
Your mom's a Ponzi, if your dad didn't fuck her, somebody else would have

>>20583962
Well said. What these faggots shitting don’t understand is that if they get in now THATS STILL EARLY. Ampl has 10k wallets. The next closest competitor, LEND, has 162k wallets. That’s 16x the exposure. This thing will at least 10x from here before the geyser is even over. And the geyser has 79 more days to go. 79 more days with an APY of 300%, incentivizing holding for all who are in it. And that’s before the integration with Compound and Balancer, which are confirmed to be in the works.

This is still the ground floor. No one but biz is even talking about this. 10k holders in the world. You’re early. You haven’t missed anything. Buy in and take this ride

>>20584725
>>20586693
>>20587015
Ok listen here poorfags you obviously have never held more money than your unemployment check at once so I'm going to explain to you how the economics behind AMPL works. When you're a whale and have $1 million or more, there may come a time when you need to quickly liquidate your funds into a stable asset, like during Black Thursday in March. Usually you're not the only whale liquidating funds, because there's typically a catalyst that prompts many whales to liquidate their funds. On Black Thursday, whales started liquidating millions of ETH for DAI and DAI came off its peg and on some exchanges DAI pumped close to $1.15. So when you have a protocol like AMPL, a whale can buy into it, raise the price, and then get back the lost money due to slippage over a period of time with rebases. The whale doesn't need to "sell the top" when the rebase happens. He's the one that raised the price and so he is compensated for raising the price. In fact the whale might not even completely recover his funds due to slippage, but it sure as hell works better than DAI when protecting whales from slippage. Ultimately he might still lose a certain percent, and the holders that provide liquidity end up winning in this situation. Do you understand now? Your fish money can't raise the price when you put your $1000 unemployment check in, so to you it seems like a worthless ponzi. You're not the target customer. In fact, what you're supposed to do, is liquidity mine so that you can profit off whales going through slippage. However, this coin is taking off so fast, that it's more profitable to speculate short term that more whales will concurrently enter AMPL.

>>20583962
if amp should be $1 all the time, what happens if the dollar hyperinflates?

Definitely looks like a top here. Sold all of my ampl. You all should do the same here

>>20585001
Because without liquidity all the AMPL maximalists would be getting fucked

>>20588428
The force is strong with this one

>>20588498
Definitely looks like you're a retard here

>>20583962
Ok smoothbrainer, you know the 900k AMPL whale still has around 900k to sell. He will sell another 100k tonight right before rebase because that is when you retards buy the most

>>20588495
It's pegged to the CPI adjusted USD from 2019 (approx. $1.0093). If hyperinflation happened, the peg would adjust to account for the inflation (e.g. $1.0093 -> $1.1)

>>20588498

Thanks for looking out bro

>>20588592
No problem friend. Liquidity is still increasing but if the price isn't making new highs before the next rebase it's time to get out

>>20588608
>if the price isn't making new highs before the next rebase it's time to get out

But that's not true, the supply has increased since yesterday. $1.75 today could be an all time high in market cap, even if yesterday the coin was $2

Do the locked team and VC tokens get the rebases too?

>>20588672
Sure it is. Just like the last dump it got cucked at $4. The same is happening here

>>20588710
Your post made me mad

You can't just say sure it is

>>20588672
Came to say, this is incorrect

>>20588518
Imagine that. A primitive coin that actually needs to be backed to achieve its value.

Unreal right? Thanks for making me even more bullish

>>20588518
Chicken & egg problem - luckily this drive to a stabilized market cap is addressing this. This is a big "what if" on this project and it's coming out as a success.

its over AMPLbros...

>>20588428
Based explanation. I'm in. See you at tethers marketcap

>>20588849
So the market cap today is lower than when it was $4 per coin?

>>20589062
I told you

>>20589112
the market cap took a dump after $4 and it's about to dump now

>>20589130
> Sell now because...because I said so

Nice fud. Seriously, you're doing a great job

>>20589062
10% retrace = it’s over

The state of this board is amazing lol

>>20589174
You'll panic sell in a week

>>20589112
No, the mcap is 3x higher than when it was $4 a coin lol

>>20589130
>>20589170
>>20589229
This is buy high sell low behaviour. Care to articulate what your problem is without screaming PONZI?

Imagine not supporting this coin, bag holding or not. It's a good thing for crypto and if anything the link tards should be supporting it too. People aren't even doing their DD on shit, but I'm not surprised

Just got (mostly) out between 2.60 and 2.70. The mcap is overdue for a correction, regardless if there are thousands of Twitterfags fomoing in. It's lunch money and not enough to support whale profit taking. That said, I'll probably buy back in, but for now I'm gonna be happy with ~500 eth profit.

its dumping

>>20583962
FUCK YOU SCAMMERS

>FUCK YOU

!FUCK YOU

>FUCK YOU

!FUCK YOU

>FUCK YOU

!FUCK YOU

>FUCK YOU

!FUCK YOU

>FUCK YOU

>>20589346
this, just sold everything.
for now ill be happy with my 3000 eth profit

>>20589346
>>20589362
>>20589381
yeah sell thank god i got out with my 60000 eth profit

this board is pathetic

just sold too, glad I could get at least 3 trillion profit, good for now

>>20585001
because you get fewer losses too

>>20589346
Why are you saying what price you got out at? That has nothing to do with it lol

>all these fake just sold posts
Current price is already rebounding. The buy pressure is too much. Sand hands selling are tards, at least sell near the rebase pump - you guys don't understand how this coin works yet, do you.

>>20589504
buying high and selling low is the biz way

>>20589381
and its going back up

>>20589504
there's nothing wrong when you sell to take profits, and its good for a healthy market, everything that pumps to oblivion non stop tend to crash, like that week we got to $4

>>20589463
Selling for 2.70 is better than 2.40, no? You'll notice I said the mcap was for for a correction. 400 mil was rejected hard. You can read all about trading strategies they have laid out for you in the Redbook.
Everyone is so emotionally invested, my goodness. I'll help pump your bags later, don't worry.

FINALLY BOUGHT IN. JUST GOT 300 AMPLS. WILL I MAKE IT LADS!!??

>>20589346
This

>>20589712
Exhibit A

>>20589582
Nothing wrong, agreed, but why would you wait for the literally bottom of today

>>20589752
>implying

only reason price is dumping is cause people are exiting for ETH. eth is pumping

>>20589627
whats your buy back in target? You have to do it today or you miss out more from not getting rebased.

>>20589832
I don't think people understand how badly people want in this at a lower market cap.

>>20589861
Right. Its already going back up. The bottom doesnt last very long. Also we are seeing 1K new holdings every 12 hours.

>>20584825
holy shit this is so dope, thanks anon

>>20589832
>buyback in target
lmao, the stinky linkies had it right, the swingies get the rope

this time it's differnt isn't it?

what if this shit just keeps rising till its #1 and bitcoin falls to #2

AMPL
RSR
LINK

Do I still benefit from rebase while staking in geyser?

>>20590287
nvm answered my own question

>>20590287
nvm you still benefit from rebasing while in geyser if im reading this right

>>20590099
So true. Few understand this

>>20583962
Where can I see the number of wallets been used??

>>20591461
https://etherscan.io/token/0xd46ba6d942050d489dbd938a2c909a5d5039a161

>>20591461
>https://etherscan.io/token/0xd46ba6d942050d489dbd938a2c909a5d5039a161
Thx Anon

>>20590287
>>20590287
Yes
Just watch the pair during a rebase
https://uniswap.info/pair/0xc5be99a02c6857f9eac67bbce58df5572498f40c
You'll notice that the AMPL pool suddenly jumps in size and the price per AMPL correspondingly drops.

>>20591609
Cool that's what I thought, thanks brother!

Sold mine earlier yesterday. Its due for a dump, can't sustain the whales cashing out and heading to $1 IMO.

Will consider a rebuy on weekend

>>20591609
thanks man

>>20591790
But you.... never mind... he dosen't get it :(

sold yesterday, 240 ether profit. unsustainable short term. will buy back

>>20591790
Agreed, $1 EOY ;)

$1 EOY

>>20591955
Is this the new fud to get in a higher mcap percentage from retards selling?

>>20592108
standard cope from people who sold and are now scared of getting priced out

>>20592073
but you ... never mind.. he still doesn’t get it... or does he?

>>20592192
This. I sold once.. within an hour to buy back it would cost an extra 1000 dollars. i bought the F back in and learned the never selling lesson.

>>20592192
>priced out
The whole coin's system keeps you priced in ;)

>>20592265
Unironically this. There is literally a horde of pajeets and other third world retards waiting to buy this when it dips.

>>20592192
He'll buy back in for round 3 after it's done dumping like many others.

>>20592265
>>20592304
you will get priced out of the % supply you had if the mc increases, don't matter the price, that's what I meant

>>20592321
this, because I'm not greedy. I may miss it, maybe it runs straight to 1b. but I've gotta guard my gains now. i only need a 5x or so and I will have made it made it.

Crab-17 initiated. 40,000 eth profit locked in.

>>20592396
Same here based mcap trading anon. I'm 8x away from my retirement figure and I want gonna leave 200k on the table to get fucked by whale games. Plus I've still got 60 eth in the geyser as ultramoon insurance.
New amplets are vehemently insisting the cap will go uncorrected to the billions, which is a very clear sell signal.

>>20592396
grats anon

>>20592396
You could "make it, make it" off just over 1,000 eth?

>DUMPS 15% EVERY DAY

OH NO NO NO NO NO AMPLEFAGS

>>20592584
the sentiment on this has gone full retard in the last 2 weeks, i pulled out early last week because I thought it couldn't continue much longer
then I fomo'ed in again last night
going to neck myself if this knife catch goes wrong

>>20592584
>>20592860

They way im doing it is a like fat wad of 50s. Every day I pull a 50 off the wad.

essentially everyday I sell 1% of my stack. Still getting compounding returns. Still securing profits. Win Win

>>20592839
what was this guy originally crying about?

>>20592860
what knife are you fucking talking about?
even after these millions of eth dumped, we are still the same mc when the rebase happened yesterday

>>20592945
smart move. if this breaks 500 mil and remains stable there's a clear shot to 1 billion. might get a bit turbulant around 900 mil though

>>20593136
should have clarified, i'm swinging AMPL to accumulate another project that solves all of the problems of being a goyser cuck

>>20592978

Unironically, a teaser trailer for Rise of Skywalker

I'm such a brainlet, someone please redpill me

>>20593315
The coin is shit, put 1k in and wait 5 months and check back.

>>20593315
dont worry about it bro its already over

0.0048%. First time I bought around 10m market cap, but I put all in the geyser until 80m. That was a big mistake :(

>>20592860
Kek, I did exact same thing yesterday. But with today as flat as it is, decided it was time to go. Honestly though, the corrections aren't that bad and unrealized profits returned within a few days.

>>20592945
To me that was kindov a dumb way to do it because you're reducing the compounding effect and to me it seems better to let them swell up and take big swings. We shall see.

market cap has basically crabbed today

>>20593410
if you pulled out of the geyser when it corrected to 1.5 chances are you would have avoided the imp loss

>>20593433
after going through 2018 I'm still very skittish about these kinds of pumps
really do regret selling early but I'm still in profit so it's not all bad

>>20593255
>should have clarified, i'm swinging AMPL to accumulate another project that solves all of the problems of being a goyser cuck

You can't just not explain further, Anon

>>20589582
Right, but the MC when it was $4 was $150 million. The MC now is over double that, so if you held you would have even more money now.

>>20594242
he's talking about bnt, numbnuts

>>20594314

rude 2bh

>>20594314
delete this

>>20592978
youtube it, faggot... you big stupid american faggot