/biz/ - Business & Finance

>>22711707
let it go.

no one still holds this I don't believe it

>>22711707
i do...

>>22711735

>>22711753
i used my uni to go allin ampl, thinking it would a 10x

now i can't even dump it since it's used as margin for my eth short (which basically acts as a hedge against the money i'm losing on ampl)

will i make it?

here's the new memeline that helps me coping

>>22711707
>should we start worrying?
no

>>22711785
>no
explain

>>22711707
i told yall the other night, see you at 60M

>one dollar stablecoin priced at $0.60

THE ABSOLUTE STATE

>>22711874
easy +66% there my sir, you should buy now

>>22711874
it was never supposed to be stable at one dollar

>>22711878
SIR IS THIS FININCAL ADVICE

>>22711899
yes sir, look! a double bottom

buy now sir, my village is starving

>>22711707
I was trying to get in, bought some but right now I'm holding out the majority for a recovery/ good update from the team.
Nothing has changed but the constant rebase is devastating

>>22711931
>Nothing has changed but the constant rebase is devastating
the negative rebase is kinda a meme if you think about.

for example, now let's say 1 ampl is 0.60$. this means you lose like 4% daily

but you also need to consider that the point of the rebase is to push it up to 1$, which is a +66% from 60 cents.

this means that, unless you get 2 more weeks at 0.60, you'll be in profit once it found the equilibrum

>>22711986
>4% daily
in your total amount of token

>+66% from 60 cents
in price per token

just do the math, why should I buy until it's back to positive rebase?

>>22712042
if you expect it to hit $1 before it negative rebases a higher percentage than you would earn holding from your buyin

>>22712042
-4% of your share of ampl's mcap
+66% of your share of ampl's mcap
it's literally the same thing in terms of value

>>22712042
>just do the math, why should I buy until it's back to positive rebase?
that's what i did. of course i agree that it's safer to buy on positive rebase, but if you feel confident that it won't stay on 60 cents for more than 2 weeks then you can time the entry better and make more profit

>>22711891
I thought the point was to constantly adjust the supply to make the price stable roughly around one dollar

>>22712131
yes, but unless the mcap is huge it will oscillate around 1$ like it does now

>I had £5000 at 150 million market cap
>Now have £4000 at 110 million market cap

Should I tether up my £4000 and wait until the market cap drops to 60 million market cap and go back in?

>>22712365
>110 million market cap
>he doesn't know
anon, i....

>>22712365
No you should have done that three months ago when it started to fall.

10 year plan
just hold 10 years bro

ok amplbros, i think this is the bottom

>>22711707
shouldn't it be a nice moment to buy as seen that this always goes to 1€?

>>22712858
i bought 300 more with the profits of my short

>>22712545
Fuck it, I strongly believe in the project. I'm riding it out. I don't think it's going to flatline and if it goes to 50 mil market cap it won't be hard for it to jump back up to the 100-150 mil mark

I was weak only for a moment amplbros I'm not fucking tethering up.

WHOS ON THIS RIDE WITH ME WOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

>>22712937
i'm in, gonna accumulate all the way up to 1b mcap

>>22712169
>but unless the mcap is huge it will oscillate around 1$ like it does now
Why if the MC is huge it doesn't oscillate?

Im literally never selling this shit. My uniswap pool is going to liquidity mine for all time in every geyser program. Until volume is literally zero. If it is zero I will buy the whole supply and not sell until cmc lists it at 1 billion.
Either way, 1b is coming. Fuck sellers.

>>22712978
because you need more buy/sell pressure to move it. now any whale can do whatever the fuck he wants with ampl, but that won't be possible at let's say 100b mcap

ok bros, i think bottom is in, expect a green dildo today

also we are back above 100m

>>22712980
Holy shit this is the most BASED post I am going to see all day.

Whales are not going to let this project die. It's too much of a cash cow for them. Worse case scenario Ampleforth goes into a state of hibernation. Coiled at a low supply low market cap state ready to awaken and ejaculate ropes up into the stratosphere once there is a mere whiff of a change in overall market sentiment.

>>22712042
>common-core mathlette
ampl is only for <85iq and >125iq - normalfags like you are excluded

>>22713266
you are the mathlet, AMPL is a great second order chaos system. why should I buy back right now and eat that negative rebase in the hope that some dumb whale is gonna randomly pump this shit back to $1 or above?
It works in cycle and I will buy when the tide is starting to turn. Everyone's doing the same right now, sitting on the sideline and wait, it's gonna take a while.

>>22712060
>if you expect it to hit $1 before it negative rebases
why should negative rebase occourr for it to go to 1 usd?

>>22713653
>Everyone's doing the same right now, sitting on the sideline and wait, it's gonna take a while.
re-read what you just wrote and ask yourself again why you aren't allin ampl

>>22713653
>AMPL is a great second order chaos system
why?

>>22713653
>It works in cycle and I will buy when the tide is starting to turn
wouldn't it be wiser to buy now that it's low?

>>22713653
>AMPL is a great second order chaos system

Hold up, is the entire idea with AMPL that rather than price changing I just get more/less AMPL in my wallet? That doesn’t sound like it would change anything, I don’t get it.

>>22713738
>>22713764
I hope you enjoy your loss if you can't figure this out by yourself

seriously guys what is wrong with you? why are you still holding ampl. you guys understand that it only pumped because the team was giving away money for free through the geyser. Absolutely no one cares about the elastic supply. rebases whether they are positive or negative are 100% pointless. Getting more or less tokens does not matter when the price adjusts to keep the value of your tokens equivalent.

Of course, the coin has no real use case and it's not a fucking stable coin. Don't be delusional, let it go.

>>22713856
the price changes and you make money as the marketcap increases

>>22713926
>buy AMPL at 70c with 10ETH
>supply rebases a couple of times, you're down 20%
>people buy since it's cheap, price goes above 1dollar
>rebases positive
>you sell your stack for 14ETH because it did a 70%+
>wait and repeat

free money
buy NOW if you want a free 80% gain

>>22714009
I looked at the site and the non dilutive supply changes seem utterly pointless. It changes nothing for holders unless I’m missing something crucial

>>22714053
this, bottom is found

>>22711707
>the mcap just broke sub 100m,
HOLY SHIT FINALLY. Maybe it will have a future after all. (yeah right, the idea is shit, even if I was very happy when it looked like it decoupled from the market)
Looking back at the charts this thing started at 6M marketcap before being inflated to 600M.

>>22714118
it's back above 100m but whatever

>>22714118
>6M marketcap
yeah this is like 50c link again, if it goes there I am buying that shit up in an instant

>>22712980
Liquidity mining is based as fuck

>>22714077
>>22714053

>>22714172
(1+30/70)*10=14
This seems no different from buying any shitcoin at 70c and selling at $1. Timing the market isn’t free money, it’s being good at trading.

>>22714148
If you keep buying it will never go back up.
You guys need to let it cool off way down before it ever goes up again. And even if it goes up again it needs a new mechanic and new refound trust to ever reach 1B
YFI nearly reached 1B and stood there because it had a great mechanic, was a new coin and didn't have irresponsible whales.
Notice how little YFI was shilled on /biz/ and how nobody started dumping on it till it reached 40k USD and wasn't listed on Binance - the trash exchange that allows any asshole to short. Seriously shorting should be reserved for the truly intelligent.

>>22714172
>>22714253
Am i left with a stack after selling? I am genuinely not trying to act retarded

>>22714253
the difference here is that this shit always does this, it's almost like a perpetual cycle
>>22714266
the negative rebases aren't that big, chances are you get a positive rebase before your stack goes to nothing
possible, but unlikely

>>22714317
I still don’t get it. Enjoy the megabrain gains i guess. Thanks for trying.

>>22713653
uneducated nigger: The Geyser. I have been holding since June and started with a 4.5K stack of AMPL / 15 ETH. Its currently up to 73K AMPL / 100 ETH. Event thru the negative rebase eras of Aug/Sep How? thats impossible?

I earn 6000AMPL per month no matter if "negative rebases" are happening or not. During positive rebases cycles I earn the bonus ampl X whatever the positive rebase is + the positive rebase. The days that I retreat slightly in AMPL stack, I gain in ETH. The combination of the two (earning ETH during neg rebases + earning AMPL all the time) leads to a net increase in AMPL stack week over week, month over month.

As I said, AMPL/Geyser was not designed for compete pedestrians like you - you probably suck at chess by the way.

G-guys shouldn't this go to 1 usd?

>>22714367
put 1 ETH in and see it for yourself
best time to do it too

>>22711707
Yes, it doesn't work.

My 100k$ now 16k$ whadda scam

>>22714831
kek if true

>>22711769
nope

shouldn't this go to 1 usd?

>>22715514
it will 100%