/biz/ - Business & Finance

Nobody is getting a piece of my pizza

Amplchad top 50 wallet checking in.

>>20610486
basic questions to answer for maximum comfy:
how many did new wallets buy what are their other holdings
how many did whale and dolphin wallets sell, and what price
how many did w and d wallets buy, and what price
how much did the liq pool token balances change

>>20610486
SCAM

>>20610711
That's it. I'm filtering the word "scam" from biz. I hate you faggots coming into every thread and shouting that fucking word without any explanation. I seriously want to reach through the screen and bitch slap you.

>>20610783
SC
AM

COPE

>>20610667
Rajesh, what are you on about?

>>20610486
Price-wise i think that the current bottom is 14k sats. But as long as you believe that the mc will keep increasing, you shouldn’t card about the price, especially when it’s under $2.5.

>>20610824
he is trying to ask if the whales have now more or less amp than before the dump eg are they accumulating or dumbing. ANd are there any new wallets and how much amp they hold

>>20610862
care*

>>20610486
I'm not selling
end of story
keeping for a fucking year
and fuck chainlink btw

>>20610486
Shitcoin.

>>20610711
>>20610910

When a coin garners the kind of hate and FUD this one is right now, isn't that normally a strong buy signal?

Every single coin that gets hated on to this degree always does well.

>>20610486
non stop crash since yesterday. if havent sold, its over

>>20610934
Exactly. Everything world-changing and revolutionary is laughed at, called foolishness, a scam, etc. by brainlets.

>>20610934
Well, that’s a risk you’ll have to take. Personally, I believe the bare minimum mc that we will see is 1b.

Lots of altcoins got dumped for Eth. I think this is our buy in point. Ampl is cheap gets rebased and then Eth traitors will come back

Here’s a tldr for smoothbrains
Only marketcap matters
Which means,if you don’t think this will be used, over other stablecoins, now is not the time to buy. The best time to buy is when you see slow and steady use.
Fuck, don’t even want to explain but it pisses me off that people are so dumb.

>>20610934
You should follow your instinct. That's what I did..

>>20610934
I always think that are the folks that got priced out.

>>20610824
sir you do not know what you are talking about

I warned you yesterday to sell at 3$ buy at 1,30 you didn’t listen.
Rebase is for dumb and poor fags. This is not where money is made. I REPEAT THIS IS NOT WHERE MONEY IS MADE AND WHALE KNEW THIS FROM THE VERY BEGINNING.
I double my stack everyfucking day with no rebase. I sell the top i buy the low. You fuckers don’t get trapped in the rebase game. There is very little chance ampl will ever surpass 3$ and whales will make sure it will not. Because they dont want you fuckers to get 30-40+%. They are happy with dumped the price at 3$ all the way down to 1$ trippling their investment while you get ridiculous 10% rebase in average.
Here me out this is literally the easiest coin to trade. Go the telegram group all of them crying holding bags meanwhile im x2 my investment twice in a week. play the whales game do not chase rebases

>>20610983
Just don't get ICO'd pls

$1000 in. Hope to see this in the millions in 2 months

>>20611021
Did you buy any Coulombs?

>>20611007
Whale here. Stfu you have no fucking clue.

>>20611021
Have u calculated the mc increase to sustain positive rebases for two months?

>>20611076
doesn't matter. $1k is nothing. im prepared to lose it

>>20611068
Did you buy any Coulumbs?

>>20611007

That strategy certainly works on some days but not all days. The advantage over rebasing is marginal on the vast majority of days and it requires considerably more effort. If you've got the time and inclination it's worth it. For most folks it probably isn't.

>>20611076
but the upside is tremendous. $1000 with a 15% rebase for 60 days is $7.8m

>>20611104
I’m the same, but that doesn’t mean we’ll make it.

>>20611133
its ok anon. my LINK and AKRO bags are sufficient for making it :) lets hope your LINK bags are too

>>20611142
If only anon, if only.

>>20611104
you'll lose about 95% of it within the coming weeks

>>20611118
Get it over your head that 4$ would never ever happen again at this level of mcap. The growth will be slowed and as soon as we hit 1b$ its going to range between 1$-2$. It means between 0-10% rebases. Expect to see some wild swings coz whales dont fucking care about 10% rebases they dump on you at 2$ all the wall down to 1$ doubling their stack in 2 days while you fuckers goT 10% the first day 2-3% the next one. Dont tell me that strategy dont work because i did the numbers im up way more by not having the rebases just following whales moves.

>>20611007
eh eh eh

>>20611180
my body is ready

>>20611203
Stopped at 'never',

https://etherscan.io/address/0xea73324769bc9930fef3d84248afe6b99052b5ee

Why does this whale get his funds from "amplforth ecosystem funds"?

If you dig a bit you will see that the whole dump from yesterday comes down to top 5 wallet.

Any ideas autists?

>>20611266
>Any ideas autists?
other than pump and dump? no.

>>20611180
What makes you so sure that it isn't you who is the complete idiot in the room

13 rebases later I've taken out my $23K investment and still have 38221 AMPL to my name.

>Chad, not simp
>Comfy and can hodl for as long as required

I just got AMPL pilled. Is there a way around impermanent loss that could occur if I wanna provide liquidity in the beehive? Or am I just better off going all in AMPL instead of having to go 50/50 ETH/AMPL?

>>20612005
See my message above...started hodling on July 10th with 7173.

>Just hodl while positive rebases rule
>Geyser/Beehive as it settles near $1

>>20610667

That’s a great question. The holder vase is expanding by 10% per day. How many of those wallets are inactive? What’s the distribution of ownership like and what are the trends there. The top holders have barely moved for instance. Is this sell pressure mostly coming from whales or spooked weak hands?

>>20611203
I'm patient - anything over .05% is more than the bank is paying right now.
I'm too busy living life to watch the whales bag all the time

>step outside, after the initial shock, you might like it

>>20612146
just checked from top15-30 and most of them are selling

Basically, it seems to me that day trading on this is a mugs game. You might occasionally make profit over and above the rebase but not consistently and for a lot more effort.

Much simpler to just keep holding and collecting the rebase. We all know the marketcap is going back up if not today in a few days anyway.

>>20610486
Ftx just fucked ampl like u wouldn't believe. Expect whales to short the price above 2 dollars to keep sell pressure on it

>>20611971
>13 rebases later I've taken out my $23K investment and still have 38221 AMPL to my name

oh, and I left my $23K in ETH after securing it from AMPL - it's up another 8% today already.

>AMPL money printer go BBBRRR

>>20612041
thanks that answers my question I guess. I suppose I'll be going all in AMPL then as I am a poorfag so it probably doesn't make sense for me to go 50/50 ETH/AMPL in the beehive until the market becomes really stable.

>>20612195
Please elaborate on how.

>ampl spot and futures

Get in here https://ftx.com/#a=LinkGods

>>20612195
>>20612280
explain this for a cumbrain pls

>>20611266
Where do you think the geyser bonus comes from?

>>20612195
they will also long lower prices though.

>MC is forming head and shoulders
Fug

>>20612649
I'm expecting some more price fuckery today

>>20612649
>>20612512

>>20612589
REEEEEEEEEEEEEEEEE pls explain perpetual futures, i've read their docs but don't understand shit

>>20612405
FTX listed perpetual futures of ampl along with spot usd / usdt markets. That link gives you a good discount.

>>20612649
I called H&S on price before now at MC also get the fuck out we’re testing the 1$

>>20612714
Lol. You can’t be trusted when you link the sperg.

Marketcap prediction eoy 500M? 1B?

>>20610486
I think this is the new bottom considering how many new wallets were added during the dump alone. Lots of fresh money is wanting to get in quite badly.

>>20611007
The thing you're not accounting for is obviously that strategy is always unsustainable I happen to know a few whales in this and they dumped the first time and were blown away that it wasn't just new buyers at the bottom waiting to pick up the pieces but other whales completely priced them out. They ended up buying their position back at a loss. I'm glad you're making money swinging this as that's part of the game and is necessary for this to grow, but long term hodlers will be rewarded immensely if this even reached 1b.

>>20612280
Realistically how bad is this?

>>20612761
500m seems very realistic. It touched 400m earlier. 1B is definitely possible with some major listings and integrations as collateral.

>>20613033
Its a nothingburger.

>>20610486
Cope thread

you guys said it would collapse!!! WHY did you lie to me!!!!!!


WHY IS IT GOING BACK UP!!!!!!

>>20613033
Exchange has zero volume and those are derivates not really a short selling.

Today is one of the days you see noise about ampl here.
>wait 2-3 days
You will see anons literally made it and other anons bragging about turning their pocket change in some money.

Newfriends got played, bigly. learn to swing the marketcap boys, this was OBVIOUS.

>>20613479

> duh I'm a retard listening to biz

>>20613494

Cheers to you sir. Indeed.

>>20613494
What dollar is best for swinging? As close to $3 as possible?

>>20613867

Don't be a retard. Just hold.

>>20613867
JFC how many times do people have to tell you, the price is irrelevant?
THE PRICE IS IRRELEVANT
only the mcap matters. swing that.

>>20612761
Isn't the marketcap already at $750M?

Just fucking hold. Trying to swing this is a fool's errand.

>>20613959
only if you're emotionally invested. you'll learn, though. this token is such a cocktease, showing off massive gains only to wipe them out in an afternoon, wrecking the shit out of latecomers, and attracting the most retarded of moonbois...

prepare for the biggest rally you've ever seen in your life, of any asset

>>20614009
do you think there will be another sub 1.70 dump before the next rebase?

>>20614105

Seems highly unlikely at this point but you never know.

on the daily looks like a text-boox head and shoulder pattern = bearish

>>20614066
Checked and Green ID confirms

>>20614105
Yes I see another leg down. this recovery rally is MUCH weaker than the last, 350 million mcap was rejected, eth is pumping making it very attractive and the moonbois are out in full force clutching their pearls and insisting it will go straight to 1 billion. It won't.

>>20614281
I'm really stupid and I apologise for asking such a stupid question but what does "bearish" mean? I've been trying to figure out this terminology for a week now and still don't quite get it. I see people talking about "bobos" and I just want to laugh with them.

>>20614300
this is what I'm feeling as well. feels like the last time when 150m cap was rejected, but it's a healthy sign that this has good upwards trajectory still

>>20614066
Based Satan with the Sexy Green ID confirms.

>>20614105
It's possible. I expect a slower crawl up in mcap as people keep their money in Eth to ride any pumps. I'm alright with staying at $1.7-$2 for a few days and getting rebases off that

The secret of ampl is lopsided mathematics. There is unlimited max positive rebase (anything >$1.05) but limited max negative rebase (anything below $0.96) of -10% at $0 price. As long as there is demand, negative rebase will still bring price up back to $1 and start FOMO cycles again. This uneven math effectively makes for trapping more base mcap after each FOMO cycle and raising the collective value of each holder's stack.
The only way value can leave is if there were prolonged 0 demand, which at this point is not realistic.

However, don't let anyone shill you with "muh compounded gains" or any such nonsense. Rebase simply changes supply evenly so everyone still holds the same % of the token supply each night. Money comes in whenever whales or FOMOers pump the price and requires continuous new demand for mcap (and hence the value of your stack) to continue to accumulate at a meaningful rate.

Advanced level: Learn to play the swings and you can multiply your %stack every FOMO cycle. Sell the top, buy the bottom.

>>20614300

Actually last time it more or less flatlined for 24 hours or slightly more at $1.80 or around there. Lower cap though so more easily pumped.

Currently:

> Wallets still going up
> Volume at record high

Could go either way but I suspect it will hover around 350 for a day or so. If we break $2 again I think it will start rising and gaining momentum.

Ethereum breaking out is good for Ampleforth, without a doubt.

>>20612916
I do not short or buy without watching my technical indicators, trendlines, patterns, im definitely not a noob. Being a whale does not making you immune to dumb moves hoping to crash the market and buy lower but endup loosing few%
I started with 2k ended up with 100k and counting. If i followed the advice i hezr everywhere just hold get rebase i would not be nowhere this is amount. This is by far the most profitable coin to swing. Where else do you get huge amplitude of -50% price action intraday??? I have yet to find....

>>20613929
You are a week too early anon

>>20614637
I see the value in this and respect you, I'm new to trading and fear selling pre-pump but apparently this never actually pumps past $3.

This literally only has to climb to $2.20 today to be back at ATH mcap and growing. How simple is that?

>buy 500$ worth of ample @ 1$
>fast forward 3weeks
>you have noew way over 10000 AMPL
>you make 1000-2000$ per night with rebases
>price crashes 30%
>get 15% rebase
>only after 24hours again in the green

i cannot lose anymore. this is it. im gonna make it.

>>20614637
the reason why most anons tell others to hold AMPL is because 99% of /biz/lets *will* get rekt trying to swing the price action on this project

good to hear that it's profitable for you anon, GL

>>20614699
Guess what most whales doubles their stack or tripleed meanwhile the rest of the holders just broke even hahahaha. Im climbing the ranks very very fast swinging

>>20614637
>im definitely not a noob

yes youre a noob

>>20614774
congrats, I also swing the price action.

>>20610936
You lack a fundamental understanding of how this coin operates.

>>20614774
Do you understand when you trade someone has to be on the other side. "Most whales" can't be doubling their stack without taking it from others.

>>20614774
there were only 2-3 major swings in past 30 days. youre just a noob thats about it

sold yesterday from 2.80 - 2.70. rebought at 1.50 - 1.60 and think I'll be making my exit once again.
It's too bad, too but this is a victim I'm of its own success. Too much profit made too quickly. People greedy as fuck, dumb money pouring in, and with leverage trading coming this will turn into an absolute shitshow.
Much preferred this when we were just coasting at 1.50 making reasonable rebases quietly. amazing idea for a token and obviously a quality project/team but yeah... be fearful when others are greedy, especially yourself.

>>20614908
Get in the system dude. Forget about the rebases on the way down, not worth it. Money is made with every -50% crash doubling your ampl stack. 15% rebase is peanuts during crash. 100% is the real deal.

>>20614908
anon that's what I thought last week, I got in at 10m cap and then sold after the dump from 4
just be careful
left A LOT on the table by cashing out too early

>>20614807
Thanks god there are panic seller noobs hahahah they hold until they cant take it anymore at the looooowest point if only they panicked at the middle and would have fomoed back in. But instead they will fomo back in with a double loss. I am not trading this coin, i make money out of weak hands panicking!!

Scampl fags will be getting the rope, just a matter of time

This is such an illusory coin. I just basically realized that this barely needs to rise 20% to be at ATH, yet the sentiment right now is that it’s on its deathbed. Something is so interesting about the psychology around this project that really may propel it beyond what we think possible

>>20615079
Not eveyone here. Im at 100k ampl even if the coin does -90% im still in profit. Thank god i didn’t listen to the rebase retards.

>>20614986
I've taken profit every week and stacked hundreds of eth and 12k link in the process from an initial buy in of $16k. I have left next to nothing on the table aside from the impermanent loss of the geyser. today will be another leg down, and even if I'm dead wrong, I've already won.

>>20615120
I can seen how the token is designed to eventually settle near $1. As the token supply keeps on increasing everyday, it'll be always more difficult to reach $3+ after every crash and eventually, it'll take a shit ton of money to even move it from $1.1 to $1.2. I just hope this pumps few more times to near $3 before settling down.

>>20615240
congrats anon, i've made some brainlet mistakes but still up from entry

Enjoy tax season ampies

>>20611007
Sure ya do..faggot

>>20611180
Based on what?

>>20615263
>declare rebases as airdrops
not worried

>>20615355
>delusional
>not how it works

>>20612173
Proofs?

>>20615262
Same here, believe me. I bought origami back in the day ffs. But even if you left money on the table by taking profit, you're still doing it right. It was literally too good to last longer than a couple weeks. Also I'm only 8 or 9x away from retiring so I have to protect those profits. NOT selling was not an option for me. Genuinely hope the project succeeds. Liquidity is much needed in the space and this is an incredibly elegant solution, even if it is imaginary internet money backed by nothing more than a price we all agree on.

>>20615242
Your thesis is based on the perceived value and demand of AMPL today. Presently, it’s not used for anything. Soon when compound, maker, balancer, etc start using it as collateral it will be in high demand again because people who use it to borrow will know exactly what they owe back at the end of a term, with exposure to upside and no downside. Lots more interesting things can happen as it gets integrated into things that haven’t been imagined yet. Early bitcoin at 100x the speed of growth.

>>20615454
>But even if you left money on the table by taking profit, you're still doing it right. It was literally too good to last longer than a couple weeks
I feel like my risk tolerance is still very conservative, I'm still stuck in the 2018-9 mindset. I want to make as much from this defi hype before it pops.

>AMPL SHILL THREAD
>AMPL SHILL THREAD
>AMPL SHILL THREAD
>AMPL FUD THREAD
>AMPL SHILL THREAD
>AMPL SHILL THREAD
>AMPL SHILL THREAD

THERE ARE SO MANY AMPL FUD THREADS OMG THIS IS BULLISH OMG SO MUCH FAKE FUD THEY ARE TRYING TO BUY MY AMPL

>>20615263

Do burgers have to declare taxes on crypto even if they don’t cash out?

>>20615859
yea technically every trade is taxable

if your not trading a substantial amount you can hold off on taxes and declare when you cash out big (and pay compounding interest on late taxes)

Look at the volume. The pump just barely started.

>>20614425
Satan would b three sixes...jesus