/biz/ - Business & Finance

3mm at .009, im going to make it

Got 36k just now

Ill work on my position more in the coming days

Are we at the mercy of an algo? Sure looks like a accumulator bot is operating

its just low volume token farming, wont affect press release gains. being added to mainstream exchanges may wash it out aswell. this is a ticking time bomb of 10x with a 5 year 100x-200x imo

>>29386300
NO GENERAL THREADS UNTIL THE END OF THE MONTH.

Some of us are still filling our bags and pay day hasn’t come yet.

>>29387960
the rest of biz will ignore this anyhow

Bought a little more this morning at .026. AMP's a comfy hold. I don't have to check my phone every hour because I know it won't reach it's potential for a few years. Currently at 156k but plan to buy more as long as it's under .05

>>29388170

What do you see? Looks like a trip bottom

>>29387960
He is right mostnofn/biz doesnt care. 90% of the posters are organized into shill groups and wont deviate from whatever they ate shilling.

They have no interest whatsoever in something long term...they just want to dump 10x on newfags

>>29388452
too soon to call it a trip bottom, but very clear signs of support. I wouldn't be suprised if .025 is the established low.

>>29387960
AMP threads are the best there was a big one yesterday. Feels good to invest in a coin with an actual use and mainstream support behind it. There's so much scam spam on /biz that it gets lost in all the noise but I welcome everyone that makes it in here. Currently AMP is only on 2 exchanges so not many people have access to it even

>>29388735
gemini
uniswap
gate.io
coinbase custody

>>29388735
Yeah the amp thread we had last night was extremely comfy. Lots of different posters, lots of good, high IQ discussion. If that wasn't a buy signal, not sure what else could be.

>>29389998
there's just something different about AMP threads.. maybe it's because it's a real project and not a pump and dump shitcoin

>>29390386

>>29386300
Is it still the same whale(s) price suppressing?

Eat a dick

>>29389998
im extremely low iq can I till be apart of the discussion

>>29390386
Based. Glad to be here early for once. Even if it's a 50x not a 100x, I just want this project to succeed because I want to remove all my USD holdings, and this helps expedite the process.

>>29392029
Absolutely. Do what I do when I don't feel like contributing resources/spoonfeeding; post good amp frogs, encourage good posters, etc.

>>29392324
based AMPassador of Resources

>>29389523
When coinbase eventually takes this up, what're we expecting AMP to reasonably get to? 25 cents? A buck?

>>29392029
>im extremely low iq can I till be apart of the discussion
Only requirement is to be white. This coin is not for shitskins.

>>29393657
The market is looking to be taking a general dive so I wouldn't be shocked if we only rose to like 0.15-0.25 honestly. Long term a buck or two is at the very least possible.

Hey Ampbros, are you not afraid that this project will just stagnate and die, despite all the activity?
In 2017 I went all in in a couple of promising lowcap projects. The devs are still active today, have working product, but the tokens are hovering in 5-10 sat range all these years.
Just look at top gainers this year - BNB (centralized ETH fork) and LINK (a literal meme). I'm afraid AMP may be too good for this world.

>>29393657
look up the coinbase effect

>>29393979
>are you not afraid that this project will just stagnate and die, despite all the activity?
This is such a low entry price and given that a Coinbase listing is going to happen at some point, I can't see where there won't at least be a 10x coming out of this. Add FOMO hype into the mix after that happens and who knows.

>>29393979
Anything could happen. At the very least it's backed by billionaires and has a product in stores.

>current price 0.002733
>current mcap $1billion
its literally going nowhere unless they become the Facebook of blockchain

>>29394191
Facebook has a crypto coming out soon too...Libra

>>29393979
>Hey Ampbros, are you not afraid that this project will just stagnate and die, despite all the activity?
I would be if it weren’t for the fact that this is the only Gemini token not listed on Coinbase, has half its reserves in Coinbase Custody, is under consideration for a Coinbase listing and passes the Howey Test unlike say RSR hence has no real reason not to get listed on Coinbase at any moment during this bullrun.

>>29394191
Both of your numbers are wrong lol

>>29386300
just got 1k AMP, am i gonna make it brahs?

>>29394456
pretty close actually. But XRP hit $3.84 at one point with a bigger supply.

>>29394592
.027=\=.0027

>>29394191
That's not true in the least. Using mcap with something like AMP as a predictor is a fools game, you can never predict FOMO. Think XRP.

>>29394528
Could be worth a used car someday, or a ps6 when it releases

WTF

>>29387960
This.

>>29394972
What exchange is this

All these marketfag tards are so retarded

They pretend Like the crypto markets operate on fundamentals.

Literally fucking DOGE is at a nickel. A complete meme coin with infinite supply

Yeah im thinking $5 EOY

>>29395216
Bittrex

>>29395222
I agree with you for the most part but $5 EOY is an insane evaluation. I'd be blown away if it crests $1 EOY.

>>29395222
Ya GRT already BTFO those fags, they don't realize we're in the wild west of crypto still, normies are only beginning to adopt, there is still much to come that we have never seen happen before, people really think BTC and ETH will never be overtaken

>>29395450
Quick Google search shows a plebbitor having the same withdrawal fees on bittrex, not what the deal is there. Gemini or uniswap are preferred. You could also look into gate.io but idk about withdrawals there either

>>29395671

just pointing out DOGE kills the marketcap fags right away

Doges value should be .0001 and no more but yet niggers have become millionaires on a literal joke and miners are getting rich dumping DOGEs into the circulation like the fed dumps dollars

>>29395900
DOGE might not be a great example because it's powered by sheer meme value, where AMP not only has an actual use case but great fundamentals. It's going to attract a different type of person and I think a lot of big long term AMP holders are going to be staking which will stabilize things somewhat. People buy into DOGE purely hoping to swing and make pocket change, hoping that some e-celeb will tweet about it.

>>29393979
I have a feeling it will be a slower project. Might not be this bullrun where full potential is met, but I could believe $10 by 2024. There isn't an insane demand for tokens until the network starts to pick up in activity.

That's my main issue with the value (only issue, mind you.) The valuation of the token is decided by how many are needed on the network as collateral. When we start getting higher volume/traffic on the network, the demand for the token will spike.

Adoption comes with more uses and retailers using it, as well as more people using the app. Only room for growth here.

>>29394972
Gemini has much lower fees. Make sure to use their trader option for limit orders so you aren't destroyed with fees. AMP has shown me that Gemini is a nice option for fiat onramp. Going to be using it a lot more in the future.

>>29396074
Amp also scales as it's used through the network, staking and adoption from retailers is why this is a long term hold

Also why the team is focusing on business to business communication and not shill tactics on social media

what's a make it stack? buying some today

>>29397073
Honestly? Probably a million tokens.

>>29396185
Did you know that gemini transactions are already powered by amp as collateral to keep fees low?

>>29397540
Hell yeah, never thought of that but I buy it! Any links referring to it?

link to OC memes i made/found
https://imgur.com/a/mjZYy8a

>>29397846
>https://imgur.com/a/mjZYy8a
Kek, great stuff

Can I get a QRD on amp, friends? What is the basic use of it?

I might want to make this a long term hold.

>>29397743
Couldn't find the link but found an old ss

Wait till it hits coinbase. Were gonna be rich

>>29398209
see >>29397540

AMP is used as collateral for the Flexa transactions. As confidence in Flexa as a payment option grows, so does the value of AMP. It's like a feedback loop

>>29398209
Collateral payment system which allows instore purchases with Bitcoin,litecoin,zcash,etc immediately to the vendor while the transaction settles.

Think visa processing with fiat but streamlined and lower overhead fees for the customer and vendor.

People get to -conveniently- spend their crypto for goods and services, and both parties save more than the current credit system

>>29398209
Basic rundown-
Amp is a collateral token used to verify purchases between merchants and sellers VIA any crypto they want.
Amp crypto can be bought and staked to be used as collateral and a % of fees are returned to the pool as payment to stakers.
They have a working app called Flexa that already allows normies to buy with crypto at any NFC payment system. Amp is being implemented in shopify this summer.
Some dot connecting for you, shopify powers the tesla website. "You can buy a tesla with crypto". Amp is the collateral they are going to use to make those purchases happen quickly and at the rate both parties agreed to.

can i just hold this piece of shit or do i have to pay gas and stake to get the sweet gains?

>>29398283
I want Coinbase to hurry the fuck up and make it happen.

>>29398796
Not me. I'm still stacking. Itll be a buck minimum once it hits.

>>29397743

>>29398752
Yes, it takes gas to stake.

>>29399067
I'm staking 6 million

>>29398796
I want Coinbase to wait until I get a suicide stack. Which is what, 100k?

>>29399250
20k at least

Has anyone actually used the app to pay for stuff at any of the accepted stores? How is it?

>>29399250
>>29399336
I'm gonna go with 100K+ for sui

>>29399384
It's easy enough to use, needs polish

>>29399384
If the person behind the register doesn't know just mention that it could be run under a gift card

>>29399209
Any point in me staking my 105k stack?

>>29399384

Yeah i bought something at bb&b

The lady at the register had to call a manager..manager put in some code and it went through as a gift card.

I was the first person ever at the store since roll out last fall.

>>29399336
halfway there, WAGMI

>>29397540
Yes, I actually have my AMP staked to the gemini network to help with collateral. Good thing to mention though.

>>29398748
>Some dot connecting for you, shopify powers the tesla website.
Didn't know this. Very bullish. Is there a list of what sites are powered by shopify? We are getting full shopify integration by summer.

https://developer.flexa.network/connect/

>>29399384
Useful. Bought a few things at Lowes. Painless process, though you may need to go use it as a gift card on the lowes end. >>29399503 is right. Fairly easy, needs a bit of polish to be the defacto payment method.

>>29399829
Are you not worried about losing all your AMP through gemini earn? Their terms and conditions were kind of concerning to me.

>>29399759
That value is just on the cusp of stakeable. I'd say go for it if youre really in for a long term. Try not to get antsy during a long crab walk and lose money on gas fees

>>29398796

There are lots of rumors right now.

This Thursday seems to be a common theme...we will see

>>29400010
Staking and Gemini earn are different. When you stake on the flexa network you choose which app to stake on, Gemini or Spedn

I have 350k how would I go about staking them?

>>29399829
A quick Google search would tell you all of them, most are normie companies. The biggest being Tesla and Sephora

>>29400139
I see, do you have a recommendation for which wallet to use?

>>29400305
I believe on app.flexa.network

>>29400010
>Their terms and conditions were kind of concerning to me.
To me I think it's a little overblown. Sounds like typical CYA stuff. Think about it -- when you stake, the coins are leaving your wallet. Gemini is just making it clear that shit could happen.

>>29400010
I stake it through the Flexa explorer, not through the gemini app itself. Better APY there as well.

https://app.flexa.network/explore/app/gemini

>>29400139 has it right.

>>29400049
Based rumorposter. I'm all packed, so I hope you're right.

>>29400305
Link I provided brings you directly to their website to stake on the available apps, helping provide your amp as collateral.

>>29400373
Yep, found it right here. Sorry, working on a few things right now and didn't take the initiative to grab it myself.

https://www.automizely.com/store-list/top-500-shopify-stores?page=1

Just a list of top 500. List continues. Some recognizable names such as:
>Manscaped
>Gfuel
>Pornhub.
>Raycon

Yep. I'm all in.

>>29400571
I think the APR is the same but Im a Gemini user so I chose that.

>>29400049
Where are you seeing Thursday?

>>29400571
I don't have a link but I was reading somewhere that staking on Spedn doesn't have UNstaking implemented yet so... might not be a good one to use.

>>29400727
Not only is Shopify around the corner, but so are NCR machines. Self checkout and ATM (pic related) will be operated via flexa powered apps

>>29400800

I jumped in some Discord last night. There were 29 billion amps moved over to coinbase a few days ago. People were saying thursday because prevouis coinbase MO is releasing new stuff on thursdays and about 10 days from the transfer.

So that means its either this thursday or next thursday

>>29401431
Nice... hope that's the case.

>>29400739
Oh I mean you have to send your AMP from gemini to some wallet to then stake in the network no?

>>29402281
Yep that's what you gotta do. Or you can keep it in Gemini and stake but they're super Jewish. Something like 2% versus 4.7%.

>>29401431
>invest into btbb thinking it will be a quick flip
>turns out to be a slow burn
>want to get everything back in AMP
FUCK

>>29402729

Volumes low today. We are dipped. Just get back in. .026 is a good price

>>29402932
Absolutely this. I set a buy limit around .024 to see if I could catch some panic sells with current volatility. Hoping to get even more before the thursday.

Just in case.

>>29403308

Im carrying 200k. Could care less if price falls. Averaging down is easy at penny prices

This thing is gonna be big. It will pop. Only when not if

>>29393979
Yes, but this is high risk high reward. You should not be buying lowcap crypto projects without being willing to lose everything.

>>29402932
I have a stack of AMP, but I had been messing around on BSC with my extra funds since AMP had been pretty stable a few days ago. bTBB was the BSC bot version of TBB. It once mooned to 1500 and now sits above 600. I bought into bTBB and it has just tanked and then hovered a bit below 200. It seems stupid to take the loss just to pivot into AMP, though I might do the math and see if it's essentially the same buy-in if AMP hadn't have dropped. I'm just annoyed that the market values the ETH bot x3+ times more than the BSC one right now

>>29404126
>look back at the regular TBB price right now
>it's mooning to 800 whereas the BSC one has barely ticked upwards
What in the fuck man

>>29393979

Bro

You are gonna get a 2 -4 x out of this sometime soon from coinbase regardless of the team and its ambitions