/biz/ - Business & Finance

>>22070686
Comfy buy after drop form 4.

What happens to my ampl I have staked in sushi pools when rebase occurs?

SCAMPL

>>22070756
What do you mean? There will be another chance to buy? And when will this be? Why would people sell and crash the price and stop getting rebases?

>>22070884
Perhaps there may be another chance to buy tomorrow; Next week; In 2 months who knows... Nobody can tell when the Ampl train ends but let me tell ya if this thing sets out to do what it is suppose to i believe it will be top 3 crypto most likely and perhaps even bigger..

>>22071456
no

>>22071521
Yes sir :) Understand a little about economics, read the red book and Ampleforth a better bitcoin sir... but hey who cares, there where doubters in the days of bitcoin, in the days of eth.. Everybody said we where dead and its a scam it's the same old thing... but here we are friend..

>>22070884
You could buy right now. With AMPL Its market cap you go off, not price. And this is gonna shoot way past 1 billion.

>>22070686
We all thought it was, and I still think it is.

it happened before you, it comes and go, some people are doing massive profits because its almost predictable

>>22071773
No
Already know the economics of AMPL, this is a MEME coin
market cap WILL go up coming days/weeks wth nice rebases but it will violently crash again

>>22072189
Even if it does, does that mean AMPL wouldn't work as intended though?? Do you have any solid arguments against a revolutionary elastic supply currency?

I've had this on repeat for hours boys. This is a sad time. https://www.youtube.com/watch?v=wXcdYBh3hgg This was supposed to be a scam

>>22072255
it will pump, hit the 750M MC resistance, slow down a bit, then blow past up to 1B mark, and probably big sell wall there. Another month or two of crabbing, but the MC will go down to about 300-500M rather than 100-300M. This will happen over and over again, and each time AMPL will capture more and more permanent MC. Meanwhile, the upsurge in demand won't be so drastic with the price swings. Don't expect to see any $10 or even $5 very often. I'd be surprised to see $3 by EOY.

>>22072439
BASED

>>22072341
dear god you have piss poor pleb roastie taste, no wonder you believed it was a scam - you'd probably eat a handful of shit if someone told you to.

>>22072609
Let me redeem myself with a classic everyone loves. This is also my sad song of the day

https://www.youtube.com/watch?v=Hm7vnOC4hoY

>>22072255
Let's say that a soda pop costs $3 from a vending machine.

If we are using a traditional volatile crypto. One day the soda might cost 3 coins, the next 2 coins, the next 8 coins.

AMPL pretends to solve this problem by saying the soda will always cost 3 coins. But the reality is that while the price of the soda is staying the same, the number of coins in my wallet is not. I may have 3 coins one day, 4 the next day, and only 1 coin the next. Imagine going to check in your wallet and theres 10 less coins than there was before. you dont even know how much is in your bank and these fluctuations will be just as volatile as the price fluctuations of the traditional coin.

am i wrong?

You can buy in but take profits because when this dumps, it really dumps

>>22072783
Yes this is somewhat true but you must take into account stabilty once we are widely adopted that 4 coins will become 3.5 and then maybe down to 2.5 but eventually the window will get smaller amd smaller, this will build an economy that reduces cascading failures and everyone gets supplied and reducuted at the same rate.. If for example i pay for a soda with .01 bitcoin tomorrow that might be worth 2 sodas so i am less inclined to spend it. Though if everyone uses a fairly stable elastic currency sure if the demand goes up everyone can buy slightly more sodas because they now have slightly more coins but it will make the soda price more stable, kind of like a better fiat. Like QE except its balanced across all wallets, and it is less prone to economic shocks..

Sorry if thats hard to understand long story short its like hard money and fiat mixed together so you can keep it and not have to worry about getting diluted but you can also use it every day as a stable coin..

>>22072684
go to /mu/ now
fix yourself

>>22073519
"If for example i pay for a soda with .01 bitcoin tomorrow that might be worth 2 sodas so i am less inclined to spend it."

The same applies to AMPL - If i pay for a soda with 1 AMPL that might be rebased to 2 AMPL tomorrow then I will be less inclined to spend it.

IMO there's no shortcut to price stability besides massive adoption and volume. Or by tying to other assets which already have these properties.

>>22073721
Shhh dont tell anyone else but this whole thread is a sham and Im a ample holder and I actually have patrician taste in music

>>22070686
It is a scam, so get into RMPL instead. Random rebases so you don't get dumped on by whales and it under 10m MC.

>>22070686
If this gets listed on Coinbase it'll skyrocket. You can still get in it's just more risky now. Because if it slows around 600m again a lot of people will take profits and run.

>>22074089
Hahahaha

>>22074089

>>22070686
kek always do the opposite of biz, I got my Ample stacks three days ago

>>22070779
It still gets rebased. It does not matter where your AMPL is. The only way you can miss out on being rebased, is if you are storing your AMPL on an exchange, that does NOT distribute your actual rebase to you.

However, all AMPL is redistributed, no matter what contract it is sitting in.

>>22074024
Yes but i am talking about in a higher market cap scenario, the thing that makes it stable and unique is the opportunity for arbitrage.. If for example we have AMPL's at a stable market cap of 50 billion, then the lower it goes the more buy pressure, and the higher it goes the more sell pressure which keeps it pegged to the $1.09 The point is it is neither like gold or fiat, this not only offers more liquidity than any other stable coin, it keeps it somewhat pegged where 1 ampl will always = 1 ampl and things can be easily denominated.. 1 ampl currently might be worth more tomorrow but once it stabalized the opportunity to swing window will become less and less until it stabilizes as a stable coin, which is better than fiat because it solves deflation and there is no porblem holding because if demand goes up than everyone purchasing power is equally going up.

>>22075516
>>22075516
solves inflation*

missed AMPL?
new token with a better rebase protocol will be released this week:
https://twitter.com/OzoneProtocol

starting MC will be around 200k. Will be at least 2MM MC this time next week

"SCAM" is the single biggest buy signal on this board next to, of course, the pink wojak.

>>22076446
Shhh dont tell them that

>>22070884
VC token unlocks. dev wallet unlocks. they'd rather sell at $2 than .60. this could trigger a cascade of sells. because those tokens have been rebasing this whole time as well.

>>22076446
Come on dish thee goods. No is in an ample thread. How else do you know?

>>22074089
Based

>>22076586
You're fine bro!

>>22072783
you're assuming the entire market is irrational and can't think in marketcap (or better yet expansion/contraction cycles and market value capture). bad assumption.

>>22070686
FUCK I capitulated and sold at 0.65 two weeks ago, I didn't expect the positive rebases. Why?

Can someone explain? I thought the game theory had become "sell above $1"-"buy below $1"

>>22078073
And why didn't you Stick to the Game Rules and Sold below 1?

>>22078073
If the game theory is buy below a dollar why did you fucking sell under a dollar. You should have been buying more.

I said it in a ton of threads and I was only wrong about the market cap (was 150m when the bounce started vs 100m)
Ample is the most manipulated coin on the market right now. The coinbase listing is going to come now that it's in positive territory, probably a week or two from now. The normie pump will mean we get another month and a half of positive rebases before the second rug pull.
If AMPL goes above 1billion mcap you 100% need to be prepared to take profits the second the token goes below $2. That's your sell signal.

>>22078236
do you think this will retrace now that we are at the $2 resistance? seriously thinking about putting another 100 eth into it..

>>22078345
I think it might but tomorrow we're looking at 8.5% rebase barring a massive dump. AMPL is hot now so a price point below $2 will bring more money in rather than frighten people away. Watch the market cap and look for flatlining. I could be wrong about it making to to 1Billion but I think it's possible with a major exchange release.

>>22074089
waow, RANDOM, you say? effectively making it so bots are by far the first to know about a rebase before your common cryptosped finds out? bots run mostly by whales? what a totally genius idea that has no faults

When is the next scheduled wallet unlock?

>>22079292
End of the month

>>22079292
>>22079396
Nananananana it has happened in the past hours and they might dump it soon when price action is more stable

>>22074660
but how does it work? if you get more ample in the sushi liquidity pool, don't you need to put in more eth as collateral? but it doesn't ask for more collateral so how do you know for sure your ample is still getting rebase in the pool?

>>22079846
I dare to say: you are wrong fucking fudding cunt.

>Be me
>Got into crypto 1st Aug
>Went all in Ampl as I was drawn to it
>DCA'ing the course of Aug
>One month of negative rebases chipping away at my bag
>2 days of positive rebases and I have already doubled original investment,

I will be diversifying once this bull run is over, feels like a good start on the road to making it.

>>22070686
For vc to dump on you. Get coil is same but not run by vcs and will be the first miver into private defi. Book it

I am NOT entering this shitcoin again. These nigger devs will dump on you at the worst time.

>>22080140
Also bros what should I diversify into? Thinking definitely BZRX for starters as Ampleforth and BZRX have something planned for the future with regard to their elastic lending venture together.