/biz/ - Business & Finance

This coin is getting hopelessly shilled today.

All it will take is one whale to sell 1mm and the others will start selling clips as pajeets buy in, until tonight's dump.

Maybe we pump again tomorrow but it's not certain

>>20625958
I'm also confused as to why it's getting shilled so hard.

>>20626103
I'm shilling it benevolently. I haven't been this excited for a project since I initially heard about BTC in 2011.

I truly don't care if any of the brainlets here miss out. I would love for them to make it, because that's preferable to a lot of other types of people making it, but if they're looking this gift horse in the mouth that's on them.

This is the future of money. Not just crypto, but money in general. A currency that can adjust it's supply based on the strength of the currency is so useful the only the way this doesn't work is for the existing power structure to kill it before it gets too powerful.

>>20626568
Based

>>20625958
well done for making this sound completely scammy.

>>20626568
whats the make it stack?

I hope it dumps. Went to bed dreaming it hits a penny and I buy a million ampl or 1000 bucks, and watch it swing back up to a dollar. Is test

good coin many positive sentiments

hole village in on this and surely making us duly rich in matter of time

Every rebase feels like Christmas. I need my amplfetamine

>>20626733
10k

>>20626568
This. Also, being listed on FTX with futures is not a good sign. Needed to be higher market cap. before that happened.

>>20626844
oof

>>20626717
It's so scammy that it's scamming me out of all negative emotions and worries.

>>20625958
Ampl, like RSR, is an IQ test. Holding both is the new Mensa.

>>20626568
shut the fuck up you imbecile

>>20626877
checked. can you explain to a brainlet how it will affect AMPL? are you saying that whales will manipulate the price and clean up on FTX? but isnt that demand?

>>20626568
Yeah, I am advocating for AMPL on this board for the same reason, pretty much.

I would never have gotten to where I am now if it hadn't been for this place, and when you stumble upon something like this - other people who potentially have helped me, deserve to know.

There is nothing quite like this, to be honest. If you have been conditioned by the last couple of years here, you will be quite PnD resistant/aware at this point. This is.. I don't quite know how to put it for you.. Just going to be different. You REALLY need to just spend an hour or two immersing yourself in mechanics of this idea - and hopefully you will see that I was right. It will be worth your time.

I don't know what else to do, /biz/. I am really trying here.

Imagine you're early, this was <10M a few weeks ago, people who invested then are either millionaires or on their way to being one, anybody getting in on will not make the same kind of life changing gains (unless they're willing to hold for multiple years and this actually gets adoption, but at that point you might as well hold lower cap projects with clear milestones like BNT or REN)

>>20626733
checked. .001%

>>20626877
You can short right before rebase? How is this not guaranteed money?

If coin drops below a dollar the coin starts doing negative rebases.

So current holders of AMPL need people to keep buying in order for rebases to go in their favor.

Think of it as a person who gets money for recruiting other people into their MLM scam

>rinse and repeat until the new buyers get burned and the ones at the top reap the benefits
>Rebase goes brrrr
>BITCONNECT!!!!!

>>20628293
Someone wants a lower entry point. YOU HAD 4 WEEKS!

>>20626059
thanks, i'll be setting my buy orders at 1$ if that happens any time soon. do you understand how much there is buying pressure?

>>20627726
Not done filling your bags yet or what?

>>20628386
4 weeks ain't shit

>>20628742
shut the fuck up you imbecile

5 hours until rebase AAAAAAAAAAAAAAAAAAAAAAAAAAAA

imagine not holding AMPL and whining on biz its schaem. read https://cryptobriefing.com/what-ampleforth-how-ampl-redefining-decentralized-money/

I bought the the 2.40 dip with $750. I bought the 1.80 dip with $750. how many layers of dip are there in this nacho dip. Am i bitconnecting myself?

>>20629154
dip is 0,95 when everyone panic sells and crash everything

Am I the only one who can't help but think AMPL is the exact same thing as other coins?
I mean they just switched places on where the value is accounted for. If there is buying pressure on another coin it'll increase in price per coin, but in ampls case you just get more coins where each is worth the same (looking over the long run, more stabalized) so what is the inherent difference really? In the end the total value of the stacks both increase and decrease as per usual, I can't see why this would be so revolutionary expect that its fucking with people's minds because it uses another method to adjust the total market cap.

But obviously I'm missing something so please explain what it is.

>>20627888
This, I don't get it.
What prevents me from shorting it everyday before the rebase?

>>20629436

Please do it tonight and post result ITT

>>20629370
The thing is it will in the future once the market cap is huge, always float around the same price with very little deviation.

So if you would buy now (anything above 1 USD) you are highly likely to loose money.

What nobody gets is t hat when the demand decreases and the price gets to about 1.10 the whole shit show will collapse and start from the beginning following a massive dump.

This is not a scam its expected, the issue is whales will cash out before this so the price can drop very fast (from 1.6 to sub 1.0 in a matter of minutes), its dangerous to hold for long.

>>20629723
>loose

>>20629370
it is - or it would be if people weren't retarded

but since they are retarded it has value by moving somewhat independently to bitcoin

>>20625958
>One last chance
>You're early
Early to lose my money? Sign me the fuck up.
>inb4 It's guaranteed to make money bro
based on what?

>>20629436
do it then, no balls

>>20629683
This is a biological male

>>20629863
If AMPL is lindy you're guaranteed to make money.

>>20629875
No I'm a poor brainlet and there is obviously a catch I'm too dumb to see.

>>20629899
>If
You don't even know what the fuck you're putting your money into.

What is the downside to buying just before rebase and selling just after?

>>20629723
>doesn’t understand rebases or how the coin works

The market cap is higher right now at $1.9 than it was last week at $4 brainlet. If you bought the high of $4 and held you’re still significantly up on your investment

as I've read, this coin is a very good idea for an exchange currency, but not really for an investor's point of view. Am I wrong?

>>20630195
If you think this is going to take off its the difference between a 100k investment and a multiple million dollar payout.

>>20626792
same here. my village of brown people

who ready to reBASE tonight, fellow AMPLanimals

I hade 5.5k Will i make iiiiiit?

>>20627866
same here senpai.
I have dedicated most of the past 3 years fudding niggers and ranjeefs, to not buy the $link. but now that ive made it, I feel its time to stop fudding and actually start showing not shilling people what a revolutionary idea like ampleforth can become.

>>20630083
You need to look at market cap AND price.

Look at the market cap, anybody telling you to buy based on coin price is lying to you.

Market cap has 10x in the last month.

>>20626103

I'd like to see other Anons make it.

Believe it or not, there isn't half a billion dollars of liquidity on /biz/, so shilling here is going to have exactly zero effect on the price.

But it's still early enough for more of us to make a ton of money.

>>20629915

It's a gamble. Sometimes you get a good drop post-rebase, sometimes post-rebase sales are gobbled up instantly and you end up buying back in at a loss

I'll buy back in at ~250 mill mcap

>>20629370

Because the price eventually stabilizing means it can be used on an institutional scale. Right now crypto's two main problems are price volatility and constrained supply.

You can buy $10 billion worth of BTC but it will donkey dick the price for days, swinging between $12 billion and then $8 billion and then 10.75 and 9 and whatever. Nobody with big money to spend will accept that sort of volatility.

USDT's price is stable, but can't buy $10 billion worth of USDT because that much USDT does not exist. It's supply-constrained by however much USD it's got in reserve.

AMPL solves both problems. You can buy $10 billion of AMPL, the supply is there. It will donkey dick the price BUT the rebase will then adjust the supply automatially to bring the token price back to $1, and your AMPL holdings will stay worth $10,000,000 the whole time.

We're right now in the mcap discovery phase of AMPL so the price is volatile. But it's getting less volatile as the cap grows. It's also decoupled from BTC, which basically every other coin is stuck to.

>>20630918
If your a poorfag 500 is half decent but yeah a 10k make it stack is the real deal

>>20628293
thats why you bank on organic growth. at some point it will stabilize at a marketcap higher than what it is now and so you should forever be in profit. however these 100x gains in the short term, if you got in now, im not so sure about. if this thing flipped btc then you have to assume holding any decent crypto just made you massive bank.

>>20628649
you realize its better to buy now at a higher price than wait? every rebase you wait dilutes your marketshare

>>20630085
this. biz is retarded.

EVERY REBASE THAT PASSES YOU BUY COSTS YOU PROFIT. WAITING FOR A LOWER PRICE IS COUNTERINTUITIVE. BETTER TO BUY NOW AT $2 THAN WAIT FOR A $1.

>>20632166

This is the retard filter right here

$100 of $2 AMPL at $330m market cap is a lot more than $100 of $1.75 AMPL at $450m market cap

>>20625958
Amplechads, what's the likelihood of this being a top 3 stable coin in the next few years. If it hits 2bn marketcap I make it with my percentage of current supply.

I like ampl, I hold some, but you should realize what is now going on...exactly what it is designed to do. Notice there is no $4, $3, or $2 ampl? that means its succeeding in pushing it's price down to $1. that may happen in a week or so. You will be stuck holding a stable currency with insufficient demand to have rebases. it either holds in equalibrium ($0.95 - $1.05) or people start selling and you'll have negative rebase. which again, is fine and good, exactly as it is designed, but the large rebases/high price dynamic is over, people have started for figure out the game. long term, I like this project and future money may be made, but what has happened the last 30 days is likely over.

>>20632469
I'd just go by the concept.
If it's a good project - people will start using it.

Every post shilling this coin sounds like a boss babe recruiting for her pyramid scheme. Enjoy your mary kay coin, hope you're early

>>20632469
It's all about mc% nigger

>>20632469
>Notice there is no $4, $3, or $2 ampl? that means its succeeding in pushing it's price down to $1. that may happen in a week or so
>11,200 wallets holding

The third pump hasn't even begun yet

>>20632469
Imagine a collapse of tether and the contract cant print fast enough. yeah thats $10+ per coin for at least a week. thats when we dump on the USDTards.

I don't post a lot but I just want to thank you anons for shilling me AMPL. I am making so much fucking money. Finally something good comes from this shithole.

>>20632710
>yeah thats $10+ per coin for at least a week.

>>20626059
Sir that was a masterclass in the subtle art of Fear Uncertainty and Doubt. Your almost casual insertion of fear is a joy to behold. And the same fagging response about setting your buys at $1 was sublime. The cherry in thr top of what already was the most spellbinding performance of the year.

>>20632747
Imagine thinking about selling to fiat the most perfect non inflationary currency in the world.

>>20632817
Did I say I was selling?

Like I give a fuck I'm buying everything I can get my hands on balls deep ampl will make me rich o kill me let's have it. I think top 1 soon

>>20631846
In that example it solves the buy side liquidity but what's he going to do with $10 billion AMPL.

Also, let's assume that it is successful and does get billions in market cap and trading liquidity and basically a stablecoin. What will happen to btc in that scenario

>>20632455
You realize it’s already the #3 stablecoin, right? Okay #4 if you count cDAI

>>20633406
Sorry, shouldn’t have even addressed that. This is not a stablecoin, but even so

>>20629436
My guess would be your short position also gets rebased. Try it and see.

AMPL chads, q me in on how staking this sucker via UNI V2 works. I'm seeing 376% profit over past 30 days here:

https://pools.fyi/#/returns/0xc5be99a02c6857f9eac67bbce58df5572498f40c?period=30

But the price of the token has yet to stabilize from recent MC pump. What is really going on here?

2 HOURS LETS GOOOO

>>20625958
Here is the reality, this will never be used in any DeFi implementations because you cannot lend or borrow this coin. The constantly changing supply makes it unusable for lending and borrowing.

This is a glorified ponzi scheme and if new money stops coming in it crumbles.

>>20632469
> no demand durr

Are you high? Damn, crypto people have the patience of a retarded donkey. This thing is just getting started. Give the retards like yourself at least a few months to figure this thing out. There’s new articles and videos coming out about this every day. Gain some fucking perspective.

>>20633479
>literally as wrong as it's possible to be

lmao

also

>$2.00

OH I'M THINKING WE'RE BACK

>>20633516
>this thing is just getting started
started a few weeks ago

AMPL 40xed in under 1 month

I think a lot of newbies are starting to get in now thinking the show will keep going on

i say we have a massive correction, maybe back to low 150-200m MCAP, stabilize, then move back up

>>20633479
Unsuitable for *current* DeFI products. Maybe. Suitable for its own or peer-to-peer lending? Absolutely

>>20633625
Yes...started a few weeks ago...which in the grand scheme of it is nothing. Get outta here with your bullshit semantics brainlet

>>20633292
CHAD mentality

>>20625958

Do you still hold a percentage of the marketcap if you exchange the coin on uniswap?
I've seen two perspective on the use of this coin, some anons say to print eth by buying low and selling high in accordance with the rebase. If so, what order?
Others are saying to keep buying in, and holding as their ampl become more useful as fixed fractions of the increasing marketcap.
Who is right?

>>20633625

>BTC 40xed in under 1 month
>i say we have a massive correction, maybe back down to $100-300, then move back up

We got the 10-day dump yesterday, shit got bought up almost as fast as people could sell

It’s being shilled because it’s a must have coin

I know a lot of people still don’t understand it yet but maybe at $1 bil they’ll start to?

>>20633736
Sentiment is too optimistic here

Newbies getting in, don't even understand what the protocol does, they just heard you get free 10% per day

Yea this will continue...

Guys just look at the AMPL / ETH LP... that will tell your everything you need to know about where this is headed

>>20633918

linky pls

>>20633918
>>20633953

Holy shit, I went and looked for myself

We are actually going to make it

You can long this and get paid on ftx

https://ftx.com/#a=LinkGods

how do i invest in ample

>>20634383
you buy some

>>20634383

Buy eth on uniswap with a metamask wallet.
Go on their website and follow the link to "buy ampl".
Buy ampl on uniswap.

A more advanced question. How do I benefit from the fixed quantity I hold currently? Whats the best way to deal with the rebases?

>>20634518
Hold them. Rebases happen automatically in your wallet.
Advanced: Swing mcap tops and bottoms if you feel gutsy.

>>20634518
>A more advanced question. How do I benefit from the fixed quantity I hold currently? Whats the best way to deal with the rebases?

That is literally the million dollar question.

My short answer is: I dunno. I've seen whales dump the price and cash in hard after the rebase, other times I've seen the post-rebase sales eaten up as quick as they're put out there, the price goes up and swingies actually lose money.

I bought in at nearly $4 last week and then had the pleasant experience of watching it drop to $1.51 over the next couple days. I'm now up nearly 15x my initial investment, just from holding through rebases and the occasional mildly intelligent buy.

>>20634518
>>20634431

i have no idea how it works or why it's valuable. can't just use USD to buy? Like on coinbase?

guess ill research it. new to this board and it see people talk about ample nonstop

>>20634693

dios mio, we have a tenderfoot here

Definitely research the hell out of anything you want to invest in. Then download Metamask wallet and prepare to enter the hilarious world of shitcoins

>>20634693
You have to buy ETH on coinbase first, and then trade it for AMPL

>>20634630
>>20634641

God bless (you) biz bros. WGMI

I've also had a problem staking on geyser, is there a certain amount required to stake? It also says I don't hold any with my wallet connected.

>>20634766
That's a bad route. CB will hold your funds for a week and is more expensive. Use the Cash App to buy BTC and then send to an exchange (like KuCoin), and swap for AMPL and withdraw to Metamask wallet.

>>20634827
read the geyser guide on the ampleforth website

>>20634842
>CB will hold your funds for a week and is more expensive.

What the fuck

>>20627753
>Poonpheeedmuuhh

>>20634827

You have to stake with Uniswap, thus giving you Uniswap's wrapped-ether token, which is what you stick in the geyser. You can't just deposit AMPL directly

It's all there in the guide

>>20627753

There's now a risk.

My AMPL is staked on Gaysir.
Is it more profitable to hold it in a wallet vs staking?
Will I still get the rebase eventhough i'm staking?

>>20634869
coinbase is crypto with the training wheels on
good for normies but it sucks for most others

I won't be able to have my bags fully packed until like 2 weeks from now. How fucked am I?

>>20634693

Crypto in general? Read white papers, preferably lurk for at least 2 years to absorb the ebb and tide and recognize when you're getting shilled, research everything.

Coinbase is like the front page of this stuff, ampl is potentially an add from amazon on the back of the sports page. Its speculative. Uniswap is an exchange that holds coins that haven't made their way up to Coinbase yet. Its an ethereum trading system, so you need ETH to conduct your business. If you have a coinbase wallet with ETH, download metamask and transfer your ETH. Then follow above directions.

>>20634869
CB only instantly releases like 1 ETH worth at a time (may be higher if you purchase regularly, idk), but they also charge a 3% fee + 0.5-1% above spot. CB Pro isn't much better.

Cash App charges a max 2% fee (lower on higher amounts) at spot price, and releases funds instantly. Even lets you know when your withdrawal is confirmed on the blockchain by push notification.

>>20634869
It's true. It's the KYC (Know Your Customer) shit and also them making sure the funds clear your bank.

>>20634925
Yes to hodling more profitable (also more downside if crash), yes to rebase in gaysir.

>>20634960
quite bad. every positive rebase you miss is less % of mc down the road. would rather buy now at $2 than 2 weeks at $1

>>20633918
What’s lp

>>20635125
liquidity providers

>>20632770
It's not FUD, it's what's happening.

I am balls deep (no whale, 5 digits) in AMPL selling my daily rebase tokens to biztards who overpay as they dont get that it's not a good deal if there are more of them unless they thing there will always be a bigger tard to buy from them

But at some point I've got to reduce

>>20634985
What’s wrong with cb pro

>>20633449
Futures and shorts actually dont get rebase.

>it's a rebase episode

>>20635167
The fees aren't much better and it's still Brian Armstrong dick gripping your crypto.

>>20634985
>>20634987
>>20634937

Lord. Glad I don't have to deal with that horseshit

>>20635173
Do you know that for sure? Or are you speculating?

>>20635223
I mispoke, shorts do get rebase but futures don't from my understanding.

>>20635223
https://twitter.com/SBF_Alameda/status/1286175671023067136

He mentions in the comments somewhere.

what time in EST does the rebase happen?
i wanna watch it live

>>20626568
Based. If it gains enough of a momentum then not even the FED, IMF and other money-destroying powertrip fcukers will be able to stop it. And they will try hard to torpedo it.

>>20635356
Go to the dashboard on the website and you can see a countdown

>>20635356
10 pm. It's pretty anticlimactic.

>>20633731
They are both right.

If you trade it short-term - you risk getting burned, but can make decent returns trading the rebase.

If you hold it long-term, your percentage of network ownership can potentially be worth a shit ton, if it keeps growing.

The developers literally outlined both of these as valid approaches toward this currency in their original Bitfinex IEO (EVERYONE needs to read this btw):

"AMPLEFORTH USECASES
--------------------------------------
1: Ampleforth in Portfolio Theory - A censorship resistant asset with a unique volatility footprint that is uncorrelated to stocks, commodities or other digital assets allows for diversification opportunities.

2: Ampleforth as a 'Traders Coin' - As the price of AMPLs moves to-and-away from 1 USD the protocol decreases and increases supply, creating short and long term trading opportunities that do not exist for any other digital asset.

3: Ampleforth as an Asset - Own a non-dilutable percentage share of the network.

4: Ampleforth as Money - Stable price, but not a stable coin. Long term, Ampleforth aims for AMPL to be global money. It is independent, not limited by collateralisation, impossible to dilute, and it has a stable price - a unique set of critical features. "

https://tokensales.bitfinex.com/token-sale/5ce5b0ff0a6ddd82b38f8e0c/Ampleforth

the redbook does not mention the geyser at all, why do people keep saying it is for whales only? does the % APY scale up for bigger deposits? do you not just get a reward according to your part of the pie as with uniswap liquidity provision?

>>20635475
The idea is that whales probably have a large ETH position already so they aren't splitting their stack to participate in the Geyser

>>20635308
So, basically the futures have price adjusted down to take into consideration the rebase price adjustment, meaning it's a guessing game of how far they will fall post-rebase.

>>20635199
Isn’t it just .5%

>>20635498
ah okay thanks

>>20635475
Because you're a tard.

The geyser limits profits and losses. For the staker, the mcap going up actually nets them more ETH and if the mcap going down more AMPL. In the liquidity pool, you get more of whatever the market doesn't want. For someone trying to grow their net worth, this is a bad proposition, given where AMPL stands in it's valuation discovery process.

Large capital holders can't participate in the market as easily to grow their net worth due to limited liquidity, resulting in unwanted PnD of the price, so by staking they are able to grow capital at rates they otherwise wouldn't, making it a more profitable strategy overall.

>>20635475
It's a bitch to get working but, again I'm high IQ so I figured it out. Here's what the gaysir looks like.

>>20635562
What's your time worth, anon?

>>20634982
>>20634731
>>20634766

thanks, gents. guess its better late than never to learn

>>20635635
ive seen that video where the indian with the potato microphone explains impermanent loss so yeah i am somewhat familiar. was just afraid there was some hidden mechanic at work here.

just rebase my shit up

OOOOOOOF, someone's being a naughty lass right before rebase.

this is neat
I had a small stack of 143 ampl
Now I magically have 155.489 ampl on metamask
teehee

OOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

now watch the newfriends panic as the price drops 10%

>>20635947
somebody did the same thing yesterday

>>20635947
>>20636066

big buy or sell

>>20636048
This is crazy. I put in 277$ into this yesterday. The price dropped, but because of the rebase, I'm up 12$ still.

Wow you guys weren't kidding, if I had gotten in at like 70 cents with 1k, and just let it stay there for a month, I'd be up significantly, even if I sold after some rebases

>>20636100
>if I had gotten in at like 70 cents with 1k,

Technically some guys who got in at 70 cents got their shit pushed in by negative rebases lel

how long until AMPL replaces USDT?

>>20636117
Yeah, but what's the incentive to drop the price below 1$. This is free money. Am I missing something? We all want this above a dollar, right?

its over ampl bros

>>20636151
this happens 80% of the time after a rebase, not sure if it's brainlets or a viable 4D strategy, guess they're just playing who can buy back lowest before it shoots back up again when kucoin reopens (MOST of the time)

>>20636151
MY AMPL STAY HAMPLE

>>20636149
>We all want this above a dollar, right?

Yes. But eventually it'll stabilize there

>>20636117
>>20636149
Because you buy a cheap piece of the % mcap, that when it invariably grows again, nets you alot of value. Number of tokens don't matter.

>>20636149
just normal sell pressure after a rebase/normal buy low selling high

>>20636149
we want to ride the positive rebases as long as we can, then once it starts seriously heading to $1 (like total saturation) and the writing is on the wall, we all dump; never to return.

>>20636117
As long as the market supply rises in the end you still win.

>>20636267
At that point you can just use AMPL as your go-to stablecoin in between trades, especially if do indeed start getting integrated as collateral on other DeFi platforms.

>>20636222

Yeah that makes sense, I guess people just want to take profits before someone else does.

>>20636215

So the higher the marketcap, the higher the rebase? And if it drops below a certain threshold, i.e. >1.00$, you lose ampls. Where do they go? Back into the circulating supply? Wouldn't that just dilute the price even further? Why is there a positive and negative rebase?

My head is going to explode guys wtf is this shit AAAAAAAAAAAAAAAAAA

>>20636215
Pretty much this. People talking about AMPL being a "scam" and the potential negative rebases are forgetting that this happens with EVERY OTHER FUCKING COIN. Market cap goes down on shitcoin X and the price will go down with it, market cap goes down on AMPL and it has a little negative rebase potentially. When you buy this token you buy a percentage of the market cap, and when it grows you will still own that same percentage and can sell it for much much more

Rebases are fun to see your tokens go up, yes, but real investors are buying right now before the market cap reaches $1b+

>>20636396
sorry, its not for niggers.

>>20636149
The incentive to push it under $1 is the opportunity to buy more cheaper lol I can’t believe you’re even asking that

This is why it’ll never stay there for any significant period of time and even if so the negative rebase risk is 1/10th the impact of a positive

Just read the red paper

>>20636396
they just get deleted from everyones wallet. it runs on a smart contract.

MY AMPL STAY SUPER HAMPEL

I haven’t even checked tonight’s rebase, it doesn’t matter once you realize all you have to do is hold lol... you’ll learn after a bit

>>20636396
not higher the marketcap. higher the price. the marketcap could be trillions, but if the price is $1 the rebase would still be miniscule.

>>20636496
Another incentive to push price under $1 is "not losing money"

>>20636555
Like in ~10 days when they realize that they have more tokens than dollars they originally invested. But these glass handed fags could never do that lol

>>20636496
this is retarded

>>20636496
its better to buy now. why the fuck would you wait for a negative? if you buy at 1trillion mc for $1 you have to wait for 2trillion to double ur money. absolutely idiotic.

>>20636496
buy more for cheaper. but you're already getting more for just letting it sit in your wallet.

I get that people just want to move this before others do and then hopefully buy back in (i.e. degenerate swinging) or if there's an opportunity cost associated with holding.

>>20625958
looks like the mc is stabilising, nothing to see here...

How much AMPL should I buy at this post-rebase time to make it realistically?

>>20626059
>All it will take is one whale to sell 1mm and the others will start selling
this has been posted every day for over a month now

So it will automatically add more coins to my MetaMask just by letting it stay there correct?

>>20636748

It's not. Positive rebase is theoretically unlimited, maximum negative rebase is mathematically limited to 10% per day.

Thus, if for example the token price dips to .95%, you'll get about a 1.5% negative rebase, contracting the supply and pushing the price up a little bit, which create upward price movement and thus incentivizes buyers. So it should be hard to keep under $1 for a combination of algorithmic and buy pressure.

>>20636814

Suicide stack is 0.001% mcap, make it is 0.01%

>>20636837

Yes.

>>20636847
>0.001% mcap
So a make it stake right now is 342k worth?

>>20636879
you took out a calculator and typed in 300 000 000 x 0,001 didn't you

god i love ample

>>20636847
you were suggesting to buy under $1 for profits, but if the coin has a saturated mc, youll never get beyond $1.05

this coin will eventually be so big itll never move much from $1. big profit making is dead by that point. you want to buy when big rebases are likely. and that is now, even if you have to pay a premium. you make more in the long run.

It's so frustrating because I feel like this is gold, deep in my guts, I know that it's money while the mcap is rising, but I'm too dumb to exactly understand why.

>>20636879
>>20636922
i love this board lmao

>>20636922
Yes I'm stupid please explain to me, with actual current prices. I really want to understand.
If I don't own any AMPL and the total mcap is 300 000 000, to me it makes sense that I need to buy that much but I am retarded.

>>20636879
AMPL will have to 33x to get to Tether's market cap.

>>20636974
okay i'll leave you a breadcrumb: x1% is x0,01

>>20636974
lmao. its 300000000 x 0.00001 mate

>>20636974
if a make it stack was 5% would you type in 300000000*5? no you wouldnt. you would type x 0.05. move the decimal man. 300000000*0.00001=3000

>>20637030
>>20637023
lmao I am so tired, I feel completely retarded right now, Thanks mate.

>>20636947
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 FOMO fags 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.

>>20637048
made lots of neets kek tho it's fine

will anyone here address the fact that the mc has stopped increasing substantially in the past 48h?

>>20637122
good i want a bigger share

>>20637077
So my understanding is that if I buy 0.001% of mcap right now (for around $3000 lol), when the mcap gets real big and stabilize, I will then own 0.001% of a 1b$ mcap (for instance), which is worth way more, simply by holding. Is that correct?

>>20637174
yes.

>>20637122
What happened after Jul 13th and 3 days of no mcap expansion?

>>20637188
do you reckon?

>>20637174
You're $3000 would then be worth $9000.

>>20637183
Now two questions:

1) Is there anything that would cause this to go bad? Because for sure the mcap will grow so there is no way to lose money in my mind, as mcap always grow for coins that look that good, and mcap% is fix.

2) Where should I hold? keeping 3000$ in MetaMask is fine but once this is work 30k+ I won't feel very comfortable about that. Would it still rebase correctly if I say, held it in a cold wallet? Sorry if that sounds stupid, but I'm about to throw money at this.

>>20637206
Yes so basically just look at current mcap, think about potential mcap, and potential/current is your money multiplier?

AMPL devoured my altcoin portfolio.

>>20637122
Lots of dumps and shit loads of new buyers, thats insanely bullish, just btw.

>>20637077

So:

> Buy 1%
> mcap increases
> 1% is now .9%
> Stack increases in wallet so that I'm back at 1%

And this all happens between 1.05 and higher because complicated math

OK.

Random question. If this just pumped to like 5$, and then no one sold forever. What would the rebase look like. mcap wouldn't change, so no rebase?

>>20637220
The smart contract corrects the amount on the public ledger for each address holding AMPL. Cold storage is fine and the physical device would be updated with the new total when reconnected to the network.

>>20637243
Aye

>>20637251
It can be compounding gains if the price of the coin shoots up to $3 to some degree, if you understand what I'm saying. Like, if after another few weeks it randomly shot up there it would be an absolute blood bath in terms of profit potential.

>>20637251
The % owned always remains the same, unless you buy or sell ampls, you idiot. The rebase % adjusts the total supply across all wallets, but does not change the % you own, literal retard.

Your hypothetical example is impossible and so not worthy of discussion, absolute mongboy. If no one sells, price continues to increase until someone does sell. Price increases increase the value of the marketcap. Please neck yourself.

>>20637220
rebase still works in cold wallet

i dont know how it would go bad except for the end or retraction of growth. dont put in what you cant afford to lose.

>>20637367
I am putting "only" 3k, it's fine if I lose it I guess, and it would literally still be life changing if it works.

>>20637367
I can't see the mcap declining unless there was serious concerns with the security or viability of the token or team, which seems very unlikely.

Someone might come along and try to make a better mousetrap so to speak, but until then there's not even similar competition out there. Maybe RSR in that they have similar goals as a global reserve currency, but they still have very different tokenomics.

>>20637220
>1) Is there anything that would cause this to go bad?
If liquidity dried up, there could be an avalanche of downward momentum if the majority of people got scared and wanted to exit. But there are multiple liquidity pool geysers set up for at least another 2 months and new exchanges are listing.

>>20637363
> The % owned always remains the same, unless you buy or sell ampls, you idiot. The rebase % adjusts the total supply across all wallets, but does not change the % you own, literal retard.

Yeah that's what I said LoL.

this part:

> Buy 1%
> mcap increases
> 1% is now .9%
> Stack increases in wallet so that I'm back at 1%

You're back at 1%. Reading comp and basic math dude

>>20636879

No, anon. 0.01 PERCENT

brainlet question, lets say i own 0.0128% of the MC, how much in USD value would i have when this coin hits 1 billion MC? any way to know?

>>20636935
>you were suggesting to buy under $1 for profits, but if the coin has a saturated mc, youll never get beyond $1.05

I wasn't -- I was just talking about the theory of it

>>20637518
yes they corrected me lol.

Is this still early? I feel like this is early and will go really huge only once it's shilled more on normie sites.

>>20637562
wallet holder #'s and lack major exchange support says that this is still early if you aren't comparing yourself to the geniuses who went in hard months ago.

>>20637077
Part deux

The evidence of this secret can be found by looking at the previous price collapses. 10 days ago, the price collapsed from $4 to $1.30, an almost 75% drop, yet, the mcap only dropped by 50%. Similarly, when the price dropped from $3 to $1.80, a 40% drop, the mcap dropped a mere 25%. What is this devilish magic?

It's once again showing how the mechanisms of Ampl's protocol captures value in the mcap and as it grows larger, makes it increasingly resilient to collapse.

>>20637536
about 127k

0.0128% is about $38k @ 300m marketcap

>>20637546

:D

>>20637562
>Is this still early? I feel like this is early and will go really huge only once it's shilled more on normie sites.

Impossible to tell, it's crypto and more important new original crypto,. However, the concept has the potential to flip Tether, and there's 11,300 wallets holding this. Chainlink, which is not exactly a normie coin, has 171,000 wallets holding.

If it's going to meet even half of its potential, we are so so early.

>>20637562
There are only 11k wallets bro, let that sink in.

>>20637491
You're the guy complaining about "complicated maths" who apparently can't figure out middle school level algebra. You're % never changes, so 1% never becomes 0.9%, unless you buy or sell.

Back to mexico, Jorge.

>>20637617
>>20637628
4000 wallets in the last 5 days. I firmly believe this is about to go absolutely nuts.

I really want to thank every single person that helped me here, even if it was by making fun of my maths (deserved it). Now that I understand the tokenomics this is truly eye opining. I think we're still very early because it's so counter-intuitive to think that a coin that will eventually go down in value from where you bought can make money, but it actually makes total sense here. It's a true IQ test indeed, and I'm glad I took the time to understand. Between this, SXP, and PNK, I really love this place.

>>20637598
its a literal Value Vacuum. i dont think theres any way to escape.

>>20637536
Approx 3x what it's worth now?

>>20637646

Just wait til people find out about BUIDL

>>20637628
Wouldn't that also be indicative of a high risk? Isn't AMPL like, old? Why is it booming JUST NOW?

>>20637657
Yeah, just wait til they announce the NDA partnerships they have (mentioned it on livestream), this is going to go nuts.

>>20637697
>Why is it booming JUST NOW?
They only set up the uniswap geysers a few weeks ago

>>20637697
Because they created liquidity incentives for whale HODLers in the LP on uniswap with 3x geyser rewards.

>>20637719
>>20637728
>Uniswap
Okay got it, Uniswap is like the place to look at right now.

>>20637719
They actually had this planned out a year ago, so I'm convinced they used the in between time to get real world trading data and allow VC to scoop up even more coins before the marketing push.

>>20637637

mcap = 1mill

buy 1% of 1mill

mcap increases to 2mil

1% of 1mil does not equal 1% of 2 mil, it's less

I'm just going read the fucking whitepaper. I don't think anyone really gets this shit.

Is anyone on the AMPL team famous? By that I mean, did any of them carry a successful project and have connexion within the sphere etc? Did anyone in the crypto sphere talk about the project (Vitalik etc)?

>>20637775
When the mcap increases to 2mil, the number of coins in your wallet doubles. So you still have the same %

>>20637775
Hey, guess what? In the time of it going from $1M to $2M mcap (presumably a day), the supply remains unchanged! You still own 1% of the supply, now valued at double!

WOW YOU ARE FUCKING RETARD!!!!

The nightly rebase then creates more supply and awards everyone their %share of it!

PLEASE KYS!!! :)

>>20637790
Read their team and investor page yourself and see. *taps forehead*

>>20637775
come on anon....

>>20637790
You should do some research dude lol

>>20637775
>1% of 1mil does not equal 1% of 2 mil, it's less

sigh lol

if only there was some sort of a "rebase" that would inflate all wallet balances by 50% in this situation, so that 1% of 1 mil is 1% of 2 mil

it could happen every day

oh well, one can dream

>>20637775
Oh my lord anon are you being for real right now. If you can’t figure this out I think crypto is a dangerous world for you lol

>>20637790
Their investors are pretty impressive and their team are all super high IQ harvard stanford autists.

>>20637848
Ok. I was confusing mcap with supply for some reason. But you get more or less tokens every day. Doesn't that affect the percentage you own?

>>20638236
of supply*

>>20638236
the tokens you get or get taken away is precisely the reason you keep your share at the same %
ffs....

>>20638236
>>20638253
No

>>20638236
No, your tokens are always the equivalent of your portion of the market cap. Tokens just numerically increase to deal with inflation in a smooth manner.

>>20637790
The CEO of Coinbase invested millions. He only has like 5 or so big investments that are available for the public to see and Ampleforth is one of them, it can be fact checked as well

>>20638304
Ampleforth is 2 of 6 of his personal investments, according to Crunchbase.

>>20638304
Meaning of course the inevitable will happen.

>>20638304
Imagine the fucking dopamine hits he must have gotten from the rebases this whole time. Holy FUCK.

>tfw clever FUD anons kept me from buying for 3 weeks
I'm starting to understand /biz/ now

My cash deposit to my ETH buying platform (CoinSmart) is not coming through right now, I guess it's because it's past midnight here. Tomorrow morning I will buy ETH, send it to MetaMask and then Uniswap this shit. My first big Crypto investment with 3k CAD, wish me luck anons, WGMI

What's realistic market cap for this? Everyone's talking about a billion, but could it hit 3bln? 5? What if it dethrones BTC?

This shit is going to cave the universe

>>20638432

Also a leaf, strong recommend Coinberry. They're fast (though also slow overnight) and they don't fee the shit out of you for every single thing

we all indeed are GMI

>>20638466
>Coinberry
Will check it out thanks.

>>20638436
>What if it dethrones BTC?
Then we all buy an archipelago together and fill it with cocaine, classy Korean hookers, and hot pockets.

>>20638439
HOLY SHIT AN AMPLEFORTH JUST FLEW OVER MY HOUSE!!

>>20631012
Ahh, I get it now. It can artificially inflate the supply increasing the "market cap" which is not liquidity and as the smart ones realize their gains the rest of them wait for "rebasement" which is another way of saying you've created a self-debasing currency

10 days till an inevitable dump
You have been warned

>>20638285
> No, your tokens are always the equivalent of your portion of the market cap. Tokens just numerically increase to deal with inflation in a smooth manner.

Ok. I feel like that's what I initially said in my earlier post before I got mindfucked.

> Buy 1% (of supply)
> mcap increases
> 1% (of supply) is now .9% (of mcap)
> Stack increases in wallet so that I'm back at 1% (of mcap)

Should have clarified. If that's still not it, I don't even fucking care. I'm going to sleep.

>>20638436
>If
NGMI

>>20638518

This nigga knows what's up

>>20638544

This nigga does not know what's up

>>20638561

More like 8

>>20625958
Redpill me on this, please.

>>20638325
Damn, even better. Wait how is two of them though?
>>20638326
I’m ready anon
>>20638379
Kek legit was making close to a million with each rebase. Dude was probably jizzing Niagra Falls on his wife everytime the rebase hit

My fellow AMPLanimals are indeed gonna make it

>>20638561
and you base this on what?

Only high IQ anons allowed

>>20638604
Read this flow chart

>>20638625
They think it's a cylce, but I think people with try to swing, because it seems so appealing, but it's gonna dump upward, and more hands will be shaken out.

>>20631846
What happens to that 10,000,000 if AMPL goes sub $1.

Value goes negative doesn't it? Wouldn't that be considered too volatile for big money?

Let my big brain provide some information:
Marketcap Matters
A full rebase is delayed by 10 days
Right now people are speculating on an increase in marketcap (inflow of money). This would be a good tactic if you believe it’s true marketcap, stabilized at a dollar, is 2x current cap.
Right now the people gambling by receiving these rebase coins are basically hoping more people will get in. What happens if they don’t? All the people with these extra coins will fight to sell at the last minute, because it is unknown when the price will be back above $1. This is where opportunity cost comes in, staying at $1 might not be beneficial considering the market may boom. For this reason the price might go under 90 cents for a while, until the dust settles and a true marketcap is reached.

If you believe the cap stabilized at a dollar will be 2x current cap in 10 days, you are safe. If not, probably sell now.

If the volume weighted average is <0.95, the rebase is -10%. Think about the sell pressure needed to sustain that low of a price at a high mcap. If truly does, then it should stabilize at a lower cap, as the algorithm intends it.

>>20638743

Almost correct -- the rebase is constantly adjusting based on that 24 hours' average price. The algo does not remember any previous day's adjustment

>>20638605
Two rounds of funding.

>>20638714
The mcap keeps increasing, even in periods of negative rebasements as people buy in, driving the price back up.

>>20638819
I’m trying to simplify for brainlets, that’s why I tldr at the bottom.

>>20638819
Wrong. Each day's full rebasement period is over a 10 day period of time. Rebasements overlap.
>>20638746
Wrong. (Oracle price - Target price)/10 * 100% = Rebase%

I'm confused, this is supposed to be a stablecoin? how do you make money holding it then? Why are you buying above $1 if the price is supposed to settle?

>>20633918
please explain for simpletons

>>20638992
Ponzi needs more money inflow
If inflow stops marketcap drops
U lose money

>>20638992
DYOR
>>20639002
The value of the pool is expanding.

>>20639025
If 4chan was smart they would buy into this and shill the shit out of this all over social media. A lot of dumb money is coming into this and it's taking off with or without you, don't miss the train.

>>20639025
>"If people stop wanting it, it's value will decrease."
>literally every other asset on Planet Earth

WOW ANON

>>20638992
You buy a pool of the market cap. If the market cap goes x100 so does your value

>>20639125
Dumbass, this is a stablecoin.
Everyone buying at more than its stable price is taking a risk. You amplecucks don’t care if idiots lose money.
I’m helping the stupid.
Also, unlike other assets, the supply above softpeg will help price drop faster. So it is not like every other asset.

>>20639221
retard

>>20639221

>>20639221
The stupid are the ones shilling this to their friends. You can't help the stupid. Capitalize on them or you're going to watch literal retards get rich.

>>20639283
Lol <3 I laughed

>>20625958
i have about 5K AMPL
am i going to make it?
what % of marketcap do i have?
sorry bigtime newb
just turned 18
not very good with math

>>20639221
Stay broke and poor faggot. It wont actually be stable until a year or two later. You fucking bitter brainlets reek of poor people energy.

>>20638978
You're equation is not entirely correct.

To get the percentage rebase it is
(Oracle price - Target price) / Target price * 10

>>20639506
you're = you are
your = your

I own 0.0008% of the market cap. Will I make it?

>>20639221
If you buy a flaming bag of dogshit for $1.80 now you'll have 1.8 bags of dogshit for $1 later thanks to AMPlemagick

>>20639385
Like 0.0008%. if it hits 1b MC you'll have at least 100k.

>>20625958
Any of you faggots know what the 900m market cap graph on the ampleforth dashboard corresponds to? Coin gecko says it's around 340m. Please help a retard

>>20639644
I have that percentage but I only have 2485 tokens

>>20639678
It was a guess but yeah we're still very early for what this project wants to achieve.

>>20639506
*teleports behind you*
"Nothing personal, kid"
>CryptoPotato got in touch with Richy Hayek, the project’s Chief Business Officer, who confirmed that the oracle price is a weighted average from market oracle providers. He also simplified the formula which gives the percentage of the daily adjustment to (Oracle Price – Target Price) / 10.

>(Oracle Price – Target Price) / 10

get rekt faggot
https://cryptonews.net/en/news/altcoins/346799/

>>20639329
REEEEEEEEEEEEEEEEE|EEEEEEE

>>20639050
>The value of the pool is expanding.
what are the implications of that

>in 2 days, has recovered half of dip
>last dip took 4 days to recover same %

/biz/, what do we call this formation?

>>20639877
The amount of HODLed and HODLers is growing exponentially, price is continuing to stabilize long term and mcap increasing.

>>20639897
A long term bull

>>20639755
> "He also simplified the formula..."

It's simplified for retarded niggers like you. But the true formula is what I said above.

>>20639897

>>20639951
(Oracle price - Target price) / Target price * 10 = (Oracle Price – Target Price) / 10

???

Anon, you need to finish your GED before posting in /biz/

>>20639385
kek

>>20639385
5k$ ampl is about 0.00014 of current mc

im assuming you mean 5k in dollars, or is it 5k tokens?

>>20640685
>>20639385
sorry i mean 0.0014%

>>20628293
>So current holders of AMPL need people to keep buying in order for rebases to go in their favor.

This is not true. AMPL doesn't need buyers to keep going up. Yes, it needs buyers for people who want to exit the new financial system for legacy money, but why would someone want to do that?