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20827081 No.20827081 [Reply] [Original]

Ok retards, I'm going to explain it to you. Reddit spacing so you can take it slowly

There is no point in being upset about how the current dollar value of ampl might make you "lose" the tokens you have right now at this moment.

The rebase mechanism that makes you lose/gain your tokens is exactly what makes ampl so useful and worth buying in the first place, and is what practically guarantees that ampl will eventually reach a very high market cap-- not because it can magically "print money", but because by fluctuating your token amount up and down depending on demand, it accurately reflects the percent of ownership in the ampl network you have, while helping to accommodate demand and bring the ampl token back closer to its intended value.

So what you are buying isn't tokens, its a percentage of the ampl network. The token amount you have at any given time is only a superficial representation of the percentage of the ampl network you own.

Get it brainlets? So you're not losing anything when faggot whales start manipulating the market and the price drops-- unless you panic and sell.
DONT have glass hands because your tokens are "disappearing"; if you cant see this as an obvious shakeout I dont know what to say.

>> No.20827123

>>20827081
thats a whole lot of words for just another ponzi

>> No.20827301

>>20827123
ngmi

>> No.20827303

>>20827123
You're the type of dude who would slurp hot piss when he gets thirsty just because its wet like water. You clearly cant tell your asshole from a hole in the ground. Stay poor

>> No.20827333

>>20827081
>So what you are buying isn't tokens, its a percentage of the ampl network
just like every other coin, this just opens up more potential for loss through rebase lol retards all of you

>> No.20827342

>>20827303
Ok pajeet

>> No.20827345
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20827345

>>20827303
>You're the type of dude who would slurp hot piss when he gets thirsty just because its wet like water. You clearly cant tell your asshole from a hole in the ground.
Not a good look

>> No.20827347

>>20827333
they think they're buying a piece of some revolutionary tech and not a convoluted hot potato game

that being said I'll buy a few once AMPLets start hanging themselves

>> No.20827351

Well you can lose if you buy your share of the network at a price that is above the network's target price.

>> No.20827354

i lost over $75k so far
im honestly in shock because I know its not coming back

>> No.20827399
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20827399

>>20827081

The reason you are retarded and losing all your money:

Ample is not a stablecoin. If it was, you wouldn't have ever dreamed of becoming rich off of it. Ample merely obfuscates REAL value by attempting to stabilize NOMINAL value. The underlying worth of your holdings fluctuates the same as any other non-stable crypto. It's purchasing power that matters -- NOT PRICE.

This makes it no different than any other currency crypto that tries to be "the next Bitcoin" -- and like the rest, it will eventually dump hard, taper off, and languish in complete obscurity.

Ampleforth's greatest innovation is incarnating an IQ test in the form of a cryptocurrency.

>> No.20827453

Thats it just save the money you can and move it on, you guys fucked up

>> No.20827458

>>20827345
>Not a good look
you have to go back

>> No.20827460

>>20827354
>shoc
post proof faggot

>> No.20827475

>>20827399
The point of the post is to address the negative rebase aspect of ampl, no shit its the purchasing power that matters. The point I'm making is that I think the purchasing power is going to go back up, and that the negative rebases are not effecting the value of what was bought

>> No.20827491

When do the rebases happen?

>> No.20827493

>>20827491
https://www.publish0x.com/block-enthusiast-an-exploration-of-things/rebase-the-implications-of-supply-smoothing-xropreg

>> No.20827536

>>20827333
I'm talking about it in the context of rebasing, based retard

>> No.20827539

>>20827475
I'm trying to figure out this coin so lets go with a hypothetical..

Say you buy at 300M market cap for 100k. Next day it is at 50M and youre at 15k. So, in order to get your money back you have to wait for it to hit 300 M market cap again? I am new to crypto and stuff so no bully

>> No.20827567

>>20827475

The point you're making in your original post is that it's no different than any other currency crypto. It will never be a stablecoin; adjusting the nominal price does nothing to stabilize its actual, underlying value - which renders its supposed special purpose nonextant. Failing to understand this means you've failed the IQ test.

>> No.20827625

So it's not a stable coin and has no use case so far. Got it.

>> No.20827666

While you high IQ wizards bicker, it's dumping again.

>> No.20827669

>>20827567
its not a stablecoin

>> No.20827733

>>20827669

Correct. Now you only need to ask yourself, "huh... then what's special about it?"

>> No.20827783

>>20827567
The point I was making is
>There is no point in being upset about how the current dollar value of ampl might make you "lose" the tokens you have right now at this moment.
I was saying that the amount of the token you hold is directly attached to your percentage and its relationship to demand for it, and that this is a benefit in a dumping scenario because as long you think it will find itself above a dollar again, you have the opportunity to go into the positive again. The message was to not sell. Not whatever strawman misconstruction you were trying to argue

>> No.20827792

>>20827081
hey anon, can you please tell me how you can just "lose" ampl from a negative rebase? like, if i have 100 ampl on myetherwallet, are some of them just going to disappear? without me sending them out? is that how it works? or does that only happen if i stake them in that geyser everyone is talking about?

>> No.20827805

>>20827792
the smart contract adds them and removes them