/biz/ - Business & Finance

Just cant keep your mouth shut can you? (You) just have to be that guy huh?

at last

Is this why cdc is being fucking stupid? Can't even see the chart but every other coin is fine.

>>49310278
>>49310582
>>49310713
>>49311459
>wampl supply has stayed consistent for months
Yeah I'm sure there's a huge listing coming soon. Fuck off samefag

>>49310278
You have to be kidding. It's been on CB a year or more.

>>49311502
Moron

>>49311507
Nope. Op might be onto something here.

>>49311626
op wont reply in this thread because you already reset your IP

>>49310582
Its real and if you arent already holding get fucked. Kek

https://mobile.twitter.com/CoinbaseAssets/status/1532026519505215488

>>49311662
I'm in a fucking hospital bed faggot. Go be a schizo somewhere else.

Wampl is getting listed fags. Not ampl. Also SPOT is about to drop and seems interesting. Any smart anons able to explain it?

>>49311502
im schizophrenic but not that schizophrenic

people say "crypto is a ponzi"
but ampl is a literal unironic actual ponzi
it's retarded

>>49311721
Wampl is just Ampl is a wrapper. Instead of rebasing it just increases or decreases in amounts. It then sets up massive arbitratrage with pure Ampl.

>>49311820
Low IQ pajeets never got Ampl cause they are so fucking retarded. Its no differe to any token it just adds quantity and not price. Fucking losers like u then ran to Luna level scams cause you needed it to be 'backed' lol. Fuck u.

>>49312278
fuck your mother if you want to fuck bloody bastard bitch benchod

>>49312289

What is the purpose of AMPL?

From what I can see, it is basically a stablecoin that pays a variable interest rate for holding it, but this interest rate can be negative or positive.

Ok, but why would I want to use such a thing?

There is only one true ALGO and that’s the Rand

>>49312846
Algos are ded. This isnt an algo.

no steady flow on chart just pumps and dumps

>>49312310
Lindell is Satoj

>>49312587
it equalizes how inflation/deflation effects different social classes..?

captcha what war

>>49312587
Ampl is not a stablecoins according to the founder. Right now it can be used as a speculative asset, if it gets more adoption then it starts to function as a stablecoins without being a stablecoin

>>49310278

I still don't get how it works or how you get money out of your investment.

>>49314636
>get money
You don’t, imagine you have 100AMP ($100) then the “price” goes to $0.0001 now your AMP number is multiplied by x100000, now you hold 10000000AMP with a total value of $100. Now imagine it goes to $10, now you hold 10AMP with the value of $100.

Value never changes.

>>49315260
It's literally the opposite of this you retard. If ampl goes to $10 you will get rebased loads of ampl. If it goes to 0.0001 you have all your amply taken away by negative rebates.

>>49310278
i want to believe but it's probably just ogre. looks like he didn't suck his bunk buddy's dick enough after all. at least my aave+geyser bags are only down -80% or so instead of -90% from straight up holding

>>49315260
You're retarded. AMPL supply increases when the price is above the target and decreases when the price is below the target.