/biz/ - Business & Finance

>>24488334
60% Link, 40% Ampl
considering switching that up /b/ros...

>>24488334
Not surprised, they've always wanted to do this, Ampleforth was always destined for great things.

>>24488388
checked
anyone who doesn't have ampl is a stupid nigger that's ngmi

Kek so much for Ampleforth being a scam...

biz absolutely hates money.

>>24489245
>u shud buy sta

>>24488334

>>24488334
hol up.....hol up....hol up....hol up....

wat does this mean for our rebases?? if I hold on eth and dot-chain booms, that means I get no rebases?

seems very very very semitic

>>24488334
This means 3 hard forks right? Meaning a free triple my money

send it

So... what exactly does that mean?

>>24490076
A higher interest and a higher trading volume for sure. Plus the likelihood more exchanges want to integrate AMPL

>>24490076
>So... what exactly does that mean?
binance listing imminent.

>wut doz that meen?
you're a nut, you're crazy in the coconut ...
>>>https://youtu.be/qLrnkK2YEcE
actually, it means we will be shooting 3x the fish in the barrel
we will make mad cake my ampleniggers

sorry amplets but there’s a new kid on the block
RAMIFI PROTOCOL
(pronounced Ram-E-fy)

>b-but the CPI is accurate!!
sure bud, the ((((CPI)))) has enormous flaws.

Ramifi does literally everything AMPL does but better. However this time around newfags won’t get left out of the insane gains RAM will make once it begins MCAP discovery.

>>24490590
This anon needs therapy

>>24490606
KYS faggot

>>24490829
>psychosomatic

>>24489304
>Forearms and kneecaps
ugh yuck

>>24490996
Addict insane
https://youtu.be/4FhEKXXJwmw

Ampl Chads enjoying the Weather Experience today.
https://youtu.be/6Yinw2zjVm8

>>24489572
Nah, the supply will be bridged over from ethereum and spread over the other 3 chains. What this could mean is an uptick in demand while supply levels remain as is which would increase the extremity of the incoming pump but it depends on when this will come into effect. So while no airdrop, we're profiting off this one way or another.

Bought 110 AMPL this summer at 70c.
Now have 45 AMPL at 1.61$

What a fucking shiterium scam

you're welcome

>>24491587
>>24491616
>>24491651

>>24491804
you know it's true

also check my milf id

>>24491852
Id fuck you but I wouldn't take financial advice from you you thick ass boomer bitch

>>24491651
>fails to realise every winner in the market requires a loser – retail gets dumped on by smart/early money
>fails to realise that markets react to sentiment – value is psychological
>uses his misinterpretation as the basis of an argument – doomed from the start
>is in love with his 'intellect' so much, he's screenshot his misinterpretations as ammunition for ampl threads and therefore clearly has no faculty for critical thinking
>failed the IQ test

>>24488334
if only my free geyser shitcoin buys would work out i'd be killing it right now.

>>24491586
whats your point besides being a pisspoor investor?
the market cap is almost where it was when you bought in.
I threw 2.5 eth in a couple weeks ago & its worth ~14eth now

ROUND 2 HERE WE GO

I've been trapped in this shit since July. Worst trade I've ever made.

I held during the neg rebases and had honestly put it out of my mind.

Checked back and we are up to 1.60$ still after a week of positive rebates. We going places, glad I didn't sell my bags.

And it's still climbing. Need a quick gain? At this time it's impossible not to have a positive rebase tonight, and likely for the next few days

Hurry up biz. This is your sure thing even for a quick flip. Take the profits tomorrow and grab some more eth/btc. I'm excited.

>>24493552
did you buy the 600 million top kek

what's the forecast for the rebase ?

>>24494431
https://www.ampleforth.org/dashboard/

5.38%

>>24494451
well thanks that'll be my morning sex

>buy in at 1:59 UTC
>make a 5% profit in one minute
lmao

Pooling at the top would be a good strategy, right? Because it would reduce the likelihood of impermanent loss. Have I understood that correctly?

>>24494639
your valuable eth gets replaced with tokens that are dumping in value

>>24494639
no because debase will make your loss permanent.

Poomping pretty good now. Are we going to get a gentle rebase like the last two nights or a brutal one like Sunday?

>>24494738
>>24494760
Huh, obviously I still don't get this stuff. So I'd be better off pooling when it's low? But then if it starts skyrocketing again I'd actually lose money? Seems that I'll be sticking with hodling for a bit longer.

Letsss gooooo

>>24495012
take it for someone who fell for the (((goyser))) meme at 10M cap and missed out on 80k of gains when it ran to 600M cap: if you believe AMPL will go on another july style run, don't pool

Holy cow, it's past 1,7$ now, good rebase inc. Get in before it's too late tonight.

>>24495526
Oh God I only have 1500 ampies, I feel guilty buying more at this point but I have a spare couple hundred dollars to throw at it. Should I wait and see it go for it?

>>24493552
>trapped
At least you didn't sell low.

>>24495614
Throw whatever you have at it rn

>>24495614

Get in before the rebase tonight if you are grabbing more, no reason to miss out on the extra tokens if you are just going to buy tomorrow.

>>24495686
>>24495738
Fuck it, whats another couple hundred. I just hope this peak isn't smaller than the last one. Meaning that this is going to be over really soon.

>>24495432
What about the new balancer smart pool? Isn't that a good idea?

>>24495989
no idea i'm steering clear from anything that involves pooling for this pump

impermanent loss WILL eat in to gains if it goes on a massive pump

>>24495989
Do what you want but i fucked myself out of about $75k at least by geyser.meme last run.
Just buy & hold until you puss out but don't ride this run down the shit chute

get the fuck in here, 1 hour until rebase, literal free gainz

>>24496344
this.

>>24496344
>fucked myself out of about $75k at least by geyser.meme last run.
honestly this is one of the biggest regrets of 2020 for me

could have had a fucking 6 figure stack but no, i'm fucking dirt poor again after riding AMPL down and buying BNT

>>24496496
Bought 1000 AMPL. First time buyer. What can I expect?

>>24496559
Just wait til 2 utc and see what happens

>>24496559
sick gains then suicide inducing losses

>>24496645
heavy juice swift risk artefact poet satisfy step carry purity right little 32K MNE first to send first they Got! 10k usd!!

>>24496264
No, you don't get it. The balancer pool adjusts its ratios dynamically.
https://www.ampltalk.org/app/forum/technology-development-17/topic/amplusdc-smart-pool-on-balancer-141/

>>24496264
>>24496344
>>24496538
>Since Ampleforth shifts volatility from price to supply, and supply changes at a particular point in time, Balancer can update the smart pool weights at the same time, thus removing all impermanent loss associated with supply changes. This makes Impermanent Loss with Ample "truly impermanent".

>>24496720
>>24496758
>removes most impermanent loss
>most impermanent loss
literally in the first line
ain't touching it and being a good goy by providing liquidity to whales to dump when this thing peaks after the next run

Wait I’m actually retarded so explain to me. Am I supposed to hold this or swing this? If so when do I sell?

>>24496841
>being a good goy by providing liquidity to whales to dump when this thing peaks after the next run
>Does this remove all IL? Not quite. Ample still has temporary deviation away from $1, but these deviations are much shorter in duration and magnitude than long term market cap changes. There is also loss from the dollar's natural depreciation vs the 2019 USD target due to inflation, but this is very slow and very small.

>>24496645

Just hold long you pleb. You either believe its going past a 10 bil mcap or you dont. Period.

>>24496662
lol wut
>>24496720
Should I dump my v3 eth ample coins into the usdc pool? The gains are higher in the eth pool but will the impermanent loss make it worth it?

>>24496877
play around with the pool if you want but after the shenanigans they pulled during the last pump to 600 mil i want to be able to exit quickly. imagine getting tied up in a pool whilst ETH gas goes full retard with no way to exit

>>24496846
You can swing it but it's risky as fuck.

Last two nights at rebase you would have got fucked it you tried to swing. On Sunday swinging was the right move. Hard to predict.

>>24496720
>you don't get it!!
OoooKaaay
If you bought 1000 ampl held it you would have 1000 + every ounce of rebase
If you geyser.memed the same 1000 you would have 500ampl + 2eth which means half the rebase.
it has fuckall to do with imperminant loss & about getting fucked out of half of the rebases.
I swear you sőipoisoned fuckheads just love saying 'impermanent loss' as often as possible bc you don't understand what it is & you think it makes you sound smart.

>>24496846
>If so when do I sell?
if it goes past $3

>>24496892
This right here.
biz needs to play the long game and stop being so god damn spastic and emotional about everything.
Stop trading.
HODL.
That goes for stocks too.
Bitch.

>>24497028
It's literally AMPL-USDC dude.

So is the point of holding this to take on risk or mitigate risk?
I guess what I'm asking is, is it riskier to hold or not to hold?
Like what is the long term vision here beyond a massive glorious p&d

>>24496941
Yes, this is literally free money. You guys have no idea what you're talking about with this shitty fud. the pool is dynamically allocated AMPL-USDC and it pays you FREE AMPL

>>24497121
>Like what is the long term vision here beyond a massive glorious p&d
it's a loop of glorious pump and dumps.

>>24497103
usdc rebases when?
wew... stupid niggers ngmi

>>24497121
The long term vision is to achieve a stablecoin that is pegged to the buying power of the 2019 US dollar. This is achieved through these "rebases" or inflation of supply when the price is high and deflation when it's low. It's absolutely genius - they don't have any sort of reserve but through elastic supply they will be able to create an asset that actually maintains its value

>>24497138
listen to this nigger he understands the ampl trade >>24497028

the only point in ampl is trying to time these 1-2 month expansion trades

>free AMPL
no such thing as a free lunch kiddo

>>24497223
>the only point in ampl is trying to time these 1-2 month expansion trades
based

Is everyone comfy and ready for tonight's rebase?

>>24497156
>it's a loop of glorious pump and dumps.
This is all I see it as in its current form. Nothing wrong with it
>>24497172
>It's absolutely genius
Agree
>actually maintains its value
Disagree to an extent as 100 mil drops in 24 hours in total mcap lowers the value of everyones stacks, leading to the negative rebase we all know and love
> achieve a stablecoin
I'm probably just a brainlet but I don't think the stable coin meme is achievable at any point within many years because a real stable coin doesnt disappear out of my wallet if faggot whales decide on a whim they feel like dumping

RETARDS BEWARE!!

I fucking sold all my Vidt back at the end of July, 85k worth. The reasoning was simple I saw a bunch of Ampl threads in biz and got curious. Not only did Ampl dump to hell leaving me with 35k in the first week of buying it but Vidt went on to 3x!! I had held Vidt for 1 year plus and this faggot fucking faggot coin and the faggot Ampl shillers cost me literally 250k!! I ended up holding Ampl for months and months. Today I have about $20k left after eating months of negative rebases and false pumps that dumped immediately after it pumped.

MY FUCKING LESSON TO ANYONE BUYING THIS FUCKING COIN: be careful!!!

This is literally one of the most violent and turbulent fucking coins that will lose you all your sanity and money. DO NOT listen to these faggot AMPLERS who tell you it will hit 1Billion mcap bla bla bla. This coin will NEVER be on BINANCE or COINBASE! 1000% The rebase functionality is too much work for those exchanges! LET ME REPEAT THE REBASE FUNCTIONALITY IS THE SOLE REASON AMPL WILL NOT BE LISTED ON COINBASE OR BINANCE ANY FUCKING TIME SOON! DO NOT LISTEN TO AMPL FAGGOTS!

Take care new Ampl holders. Thank god I found API3.

>>24497172
secondly, YOUR OWN long term vision in this bull run is to use AMPL and other shitcoins to stack more BTC and ETH

by the time AMPL becomes a fully accepted stable coin you will leave a ton of easy gains on the table

don't drink the kool-aid from the devs - saw many anons fall for this shit back in 2017

>>24497382
cuckbase ain't going to list it any time soon because EACH REBASE IS A TAXABLE EVENT

>>24497419
That too plus the customer service nightmare from all the boomers crying about missing coins is too much work.

So i suppose you could say well it's gonna go to a 10 bil mcap sure, then you can buy other things with it but assuming that happens would the market as a whole not be at a high risk scenario where I could have held anything and made profit to move into an actual stablecoin as opposed to buying into a crazy inflated mcap of ampl

>>24497419
>EACH REBASE IS A TAXABLE EVENT
Wow. Rip normies

i fomoed in this morning will it automatically rebase if its sitting in my metamask?

>>24497028
I believe there is a second issue with ample beyond the IL for LP. And that is the fact that during the rebase, there is arbitrage opportunities for people to buy at the old price on uniswap....the balancer/USDC pool reduces this loss (cool, but not the real bitch one). But I do believe IL is more than just opportunity loss / rebase loss. The pool strives for an equilibrium in value of tokens for each pool and thus will syphon amp/eth to swap for one another...this could effect the rebase significantly, plus the sharing of the rebase in the pool has something to do with it something. I dont know. That's what I got. there was a good MS paint job that explained it really well for my smooth brain...almost had a ruffle for a second.

>>24497382
This is the ultimate buy signal.

>>24497495
Yes

>>24488334
>@NEARProtocol
when is that damn NEAR token release

>>24497419
Kek no its not

>>24497080
I wish I listened to this sort of advice when I first started. Instead I lost too much money trying to be some fucking hotshot trader.
If I had just picked out a portfolio and held it, I would be doing much better right now.

>>24493552
same, biggest trade I had ever made at the time too, I am starting to be back in the green tho.

nothing to see here
just a 5.40% rebase

wham bam thank you ma'am

magic money

oh god i'm gonna

g-gonna

i'm

I'M

REBAAAAAASSING AGHGHGHGHGHHGHGHG

Holy cow. I was expecting a big dump after the rebase. This is a bullish sign for positive rebases for the next few days.

>>24498462
I don't get it. How do rebases even affect the value? Why do people trade before and after them? If it's a positive rebase you get get more tokens but the price goes down so the value stays the same. If it's a negative rebase then your tokens go down but the price goes up so the value stays the same. Why do rebases compel people to trade? What am I missing here?
It seems to me that the only thing that matters is the marketcap, which in essence makes it like every other non-stablecoin (let's not kid ourselves, this isn't a fucking stablecoin)

>>24498580
The price only goes down because of market incentive. The protocol itself does not adjust the actual price.

Rebases compel people to trade, because of scarcity increase or decrease. It makes sense that some people sell after a rebase, because others might as well.

>>24491651
>>24491587
>>24491616
Ampl holds like an asset and lends like a stablecoin. That is the purpose of the rebase

Filtered

Jesus christ the amount of people that have no idea what they're talking about is astounding. Going to give it to you very simply guys. The bullrun has just started for Ampleforth, the positive rebases? They have just started too. Buy a bag and sit on your hands. That's it. After the first billion mc has passed then decide what you want to do but until then, stop being your own worst enemy at making money.

>>24498580
Taking profits combined with FOMO and a nice catch-22 where you sell before others can sell, causing more people to sell.

>>24498686
wait, supply increase is bullish ??

>>24498690
It's pretty retarded, innit? A bunch of people scrambling to capitalize on a 5% increase in their tokens. Why not just hold 'em for some small compound increases?

>>24498580
You are right...it doesn't effect the value. But it creates a unique trading event...(sure it's still negligible, but still unique) and that's enough to create an opportunity. Ampl has 3 stages and you are correct this is no stable coin a this stage...if it had the maturity of BTC it would act thusly...but...sounds like you need to read the white paper and red book...super short...10mins....and explains everything. That's the beauty to be...simplicity. Reducing the Fed to a line of code is a fiduciary necessity.

>>24498690
>>24498773
fukken min-maxers. though to be fair in case that a day comes when it starts tanking all the way to a dollar they will have walked away with the most profit. just seems pretty annoying to have to sell, wait, rebuy after an hour every single day at the same time, it probably adds up over time though. the other thing that would probably be annoying is that after a month you'll have 30 extra taxable events (60 if you're doing crypto to crypto back and forth)

>>24498686
I doubt it will go straight to 1b mc. The previous 2 runs brought it to 688 and 522m. will probably need to test 700m for a cycle or two before busting 1b

>>24498737
It can be, since it can start a period where the market deems the incentive of continually receiving positive rebases, greater than the prospect of capitulating.

It's theorized in the white paper as well. It's a positive feedback loop.

>>24492452
So much fucking this

>>24497382
lol Trading is a zero-sum game, You won, you lost and then won again, so be happy.


To anyone curious, there are less than 21k AMPL wallets, 10k usd gets you safely into the top 1000 wallets. Yes, this will hit 1B market cap.

t. top 500 wallet

Should I hold AMPL or put in SMART USDC/AMPL geyser?

People still trying to fudd ampl by saying rebases are taxable.

>>24498984
fuck off with your "taxable event" bullshit
you have no idea wtf you are talking about dicknose

>>24499123
>there are less than 21k AMPL wallets, 10k usd gets you safely into the top 1000 wallets. Yes, this will hit 1B market cap.

>less than 21k wallets
>AMPL in top 60 crypto

>>24499126

Depends on your appetite for risk and knowledge of crypto. if you want a low risk/decent reward throw into ETH/AMPL or AMPL/USDC and collect.

If you want Mod-high risk/reward buy ampl. If you like to ape, get an AAVE stable coin loan and long AMPL

Newfag question:
I see that it dumps after each rebase, but I notice that lately it has been consistently dumping at around 12:00 UTC as well. Any idea why?

I made 50-60k off AMPL earlier in the year and had like 80k AMPL at one point. I was lucky to get in around 10-20 million MC. I just bought back in with a 1k stacklet in case this thing keeps going. Feels weird going from an amplchad whale to a poor amplfag, regardless im here with you bros

>>24499280

https://etherscan.io/token/0xd46ba6d942050d489dbd938a2c909a5d5039a161#tokenExchange

I'm hoping people understand what that means, 20,252 to be exact.

>>24499254
where i live crypto to crypto is a taxable event. so if you're not getting out selling directly to real currency that's a notch. and same thing in reverse

justinsuntron getting in on the pump

>>24499491
I'm retarded how does a coin run on multiple blockchains?

>>24499254
wow i'm a retard. here's my third time trying to do the post.

if you're getting your money out you're gonna either exchange it to fiat or trade it for another crypto and both are taxable events where i live. if you buy in directly from fiat it isn't but if you have to trade from another crypto to get it that's another event, etc.

>>24499578
through smart contracts and/or centralized exchanges helping act as gateways. look at wrapped bitcoin.

>>24488334
the only coin with an A in it you should be holding is API3.

>>24499375
Just part of the natural waves. Built up trend over time where people make it happen because they expect it to happen.

>>24499588
That's... the same as every other crypto. What's your point?

>>24499666
Based digits of TRUTH!

I held AMPL from end of July up until yesterday. Now I am all-in on API3. Fuck AMPL shitcoin. I feel sorry for all the bagholders buying in rn. I literally could have made 250K if I never entered an AMPL thread on biz back in July fucking faggot AMPLers fuck them all to hell.

>>24500095
more lines on tax return

If this ever hits $4 sell it immediately.

>>24500580
why I want a 30% rebase

>>24500428
buy the top
blame the coin

>tfw only $300 to spend

Even worth buying in at $1.53?

>>24500878
You'll get maybe one before the crash. Ample does well the way it is right now (slow and steady).
It has violent swings when it breaks $3 because people who have been hanging onto it below 100mm Mcap will sell.

>>24501083
A percentage is a percentage, anon. Do you want a positive percentage increase or not?

>>24499578
its the same code using the same oracles. thus all chains will have the same co sensus.

>>24496662
this guy fucking ampls

>>24501083
Compare the current volume with the volume during past pumps. You're unironically still early.

>>24501405
>>24501142
RSR or AMPL?

>>24499578
Fuck I don’t know. FUCK. I’m so stupid. It’s like they need some way to connect data and bring it onto different chains. But people need to be able to trust each other to do it. Without trusting a third party either. I’m too fucking stupid to figure it out but I know the answer is close around there somewhere.

>>24501428
If you have to ask you're ngmi

>>24501428
IMO RSR will do okay, and holding some will not harm your portfolio.
I do believe AMPL is going to be more profitable, though.

How to make money easy way.

>>24493552
You could've just sold when it hit a dollar, held a stablecoin, bought when it hit a dollar. Repeat. And you would be in profit.

>>24502023
Diluting your gains like a monkey

>>24502666
>checked satan trips of wisdom<

>>24502692
>not diversifying to hedge your bets
One day you'll go all in on something and get completely rekt. Unless you change your simplistic mindset.

should i sell my ocean for more ampl?

>>24503185
You should sell your ocean just because it's ocean.

>>24503222
? it's actually a good project but i have a feeling ampl will hit 1b this run before crashing even harder than last time

>>24503298
Ocean is bleeding out, and the Ching Chong in charge of it has lost a lot of credibility. People now realize that even Ocean "Data Partners" can rug with impunity.

>>24502666
No you couldn't have you dumb fuck. This coin is LITERAL hell if you have little experience such as your retarded self has.

2 fucking times within the last 3 weeks during this positive run did it dip to 80 cents and both times it went back positive. Had you done what you said you would have sold at $1 bought back at 1.30 sold again at $1 bought back at 1.20, etc. You would end up losing your shirt. There are constant fucking fakeouts and shakeouts and they are all violent and deadly. I have been in this fucking faggot shitcoin since July, I've likely lost millions in opportunity costs and years of my life due to the stress of holding and even swing trading this faggot fucking coin.

If the 1 month in crypto is equal to 1 year in the stock market then 1 month in Ampl is equal to 6 months in crypto.

You pleb Ampl rookies have been warned.

>>24503495
>pink ID
Checks out. You sound like you've been through some shit.
IMO AMPL is a hodler coin for sure, kind of like BTC. It's going to have it's ups and downs, but it's here to stay and it's marketcap will hit new ATH again and again and again. People who panic sell will get rekt. Just stay calm.
Don't swing this shit. Use it to diversify your portfolio.
Or be a lad and go all in.

>>24503495
I'm now hard. Your pain and retardation has given me throbbing sensations. Stay poor and stay rekt.

>>24489562
it is all connected lol

>>24491586
do u even understand ampl hahaha

>>24497382
>>24497382
With a 10 year plan to bootstrap liquidity we don’t need those CEX anyway. The thought of a listing not happening anytime soon is comforting because it means more stealth gains until the run up to 10 billion that follows such an event.

>>24491423
Based as fuck

HOW MANY AMPL DO I NEED TO MAKE IT OUT OF THIS HELL

>>24503495
lol who told you to hold past the first dip

imagine being naive enough to 'invest' in this

>>24505386
100K if you wanna make it in 2-3 months. 10K if you can wait a year. 1K if you are willing to wait 5 years.

>>24505386
The general consensus has been 10k but as anon above said it depends on how quickly you want it made.

>>24505543
>>24505756
Well, I guess I'm in for the long haul. Too poor to buy 10k.

>>24505769
Maybe you can get some gains from other alts to hit your 10K goal. Don't gamble too much, though.