/afg/ - Ampfleforth General Thread

[Anonymous No.20047382]

$3.00 Spartans Edition

Average 24hr Oracle price: $1.98
Previous Rebase Yield: 9.6%
https://www.ampleforth.org/dashboard/

What is Ampleforth?
Ampleforth is an elastic supply currency whose supply scales with market cap.

What makes Ampleforth different than other coins and tokens?
If you own 1% of the supply, you will always own 1%.

How does the AMPL supply change?
AMPL supply changes nightly at 10pm EST, called a rebase. If AMPL price is outside the threshold (currently $0.95-1.05), AMPL supply is changed to bring the average price per AMPL closer to $1.

Are there extra incentives for early adopters?
Yes, AMPLs can be staked in the 90 day geyser to help provide liquidity to Uniswap. Stakers will receive rebase reward plus 2x-3x AMPLs locked in the geyser.
https://www.ampltalk.org/app/forum/ampl-geyser-19/topic/about-the-geyser-21/

What are the goals of the project?
In the short term, to be a speculative currency, and in the long term a stable reserve of value that can be adopted by institutions but still have liquidity for everyday transactions.

What developers and private capital backers are with the project?
An impressive list of American developers and engineers, along with Brian Armstrong of Coinbase.
https://www.ampleforth.org/about/

Where can I buy?
Uniswap
Kucoin
Bitfinex

Links:
https://www.ampleforth.org/
https://www.ampleforth.org/basics/
https://www.ampleforth.org/redbook/
White Paper - https://drive.google.com/file/d/1I-NmSnQ6E7wY1nyouuf-GuDdJWNCnJWl/view

[Anonymous No.20047403]

Last night we were at $2.30, now up to $2.60. Spartans are going to the moon today.

[Anonymous No.20047429]

so...my ampleforth increased in token amount. do I get to keep those? it’s just sitting in a wallet and yet it increased.

[Anonymous No.20047465]

>>20047429
As long as the price stays above $1.05, yes.

[Anonymous No.20047493]

>>20047465
does that mean i’ll lose some of my original stack if it goes close to that?

[Anonymous No.20047498]

>>20047429
It will also increase today (+10%)

[Anonymous No.20047504]

>>20047429

you will start to lose tokens once it goes under .95 cents

good luck brining it down there when people receive literal free money every day, that might only happen at a few hundred millions worth of mcap, basically its trying to find its real value so everyone has enough AMPL, then it stabilizies at that, could be at 100m, could be at 1b

the current INSANE growth indicites that its not nearby.

[Anonymous No.20047536]

>>20047504
$3.00 in a few hours? We're about to break $2.70.

[Anonymous No.20047581]

>>20047493
Even if the price drops to $1 in the next few minutes, you will still not see decrease in your holdings in the next 10 days or so

[Anonymous No.20047595]

>>20047536
Derp, still wiping the crude out of my eyes, was just 2.66 for a sec

[Anonymous No.20047784]

Thoughts on a comfy stack?

[Anonymous No.20047792]

>>20047784

0.1% of the supply

[Anonymous No.20047881]

>>20047792
Post your stack

[Anonymous No.20047918]

>wanted to buy yesterday but it looked like an obvious top so I didn’t
>it wasn’t
Sheeeeeeit

[Anonymous No.20048219]

>>20047918
Join us, plenty of x left.

[Anonymous No.20048285]

>>20047881
.0005% stacklet here

[Anonymous No.20048452]

>>20047918
until a coin is in the top 50, it's impossible to reliably call tops. crypto market caps can accelerate too fast

[Anonymous No.20048509]

>>20048285
>>20048452
Nice, 0.002% stacklet here. We all gonna make it right?

[Anonymous No.20048683]

>>20048509

0.001568 stacklet here.

[Anonymous No.20048726]

>>20048683
Waiting on $500 in btc to transfer so I can double up. Taking so long btc wtf kek

[Anonymous No.20048914]

make sure to put your stack in geyser the rewrads are linear 2x after 30 days 3x after 60 ~

[Anonymous No.20049217]

$2.75 incoming!!!

[Anonymous No.20049228]

>>20048914
Explain.

I have nothing in geyser man. Just enjoying the rebases atm

[Anonymous No.20049346]

>>20049228

It goes up everyday because it's linear, so after a month the geyser gains are doubled and so forth up to the 8 week limit where it's 3x

[Anonymous No.20049445]

>>20048726
>>20049217
Mania.
Buyer beware.

[Anonymous No.20049482]

>>20049445
please fucking dip down to 1.5 or 1.75 atleast, i wanted to buy at 1.5 2 days ago AND THIS SHIT IS NOT GOING DOWN AAAAAAAAAAAAAAAAAAAAA

SCAMCOIN SELL

[Anonymous No.20049486]

>>20049445
25m marketcap. It's just begun.

[Anonymous No.20049527]

Today’s rebase is 10.6%

[Anonymous No.20049609]

>>20047504
>>20049346
Sounds like absolute too good to be true bullshit anons but enjoy your pump

[Anonymous No.20049807]

>>20049445
Pls understand how the coin works

[Anonymous No.20050864]

>>20049527
It'll be more than that for sure

[Anonymous No.20051300]

i get an insufficient eth error or insufficient balance when trying to join the geyser using coinbasewallet.

[Anonymous No.20051487]

>>20051300
I think I needed more eth when I joined the geyser also. Do you have metamask?

[Anonymous No.20051531]

>>20051487
just coin base wallet, i have an old metamask but moved everything off of it to binance long ago. So you're saying I just need more eth for gas prices?

[Anonymous No.20051675]

>>20051531
I'm not sure, I just know I needed more eth to deposit. I think you can choose between depositing max eth or max ampl on uniswap for the ETH/AMPL deposit. Maybe try the max eth option since it will definitely go. That's what I did.

[Anonymous No.20051890]

>>20048285
>>20048509
>>20048683
.012 Stack here! Not very big all things considered, but a solid amount.
Are we still feeling bullish everyone? Worried that this much pressure cant keep up, but no risk no reward right?

[Anonymous No.20051912]

>>20051675
it took my .86 cents of eth but didn't move my ampl to the pool, thanks though anon!

[Anonymous No.20051919]

holy crap the orderbook
Looking bullish this afternoon

[Anonymous No.20051945]

>>20051912
Did you get your tokens?

[Anonymous No.20051966]

>>20051919
Seems like the cycle is,

Fluctuations in the morning
Rise in the afternoon
Sell off during the late afternoon
Then continuing upwards..... forever?

[Anonymous No.20052014]

>>20051945
the uweth? nah.

[Anonymous No.20052104]

>>20049346
and where does this money come from? Everyone can just stake in geyser and get free money forever, right? Only brainlets fall for this shit

[Anonymous No.20052107]

>>20051966
So far, bull rush in the afternoon, slows down, then another minipump right before 10pm for rebase, small sell off, then grinds again til next afternoon.

There's literally free money through the next 3 months, so I imagine that things will continue to overall pump til then. Devs say they have more incentives in the works before then though.

>>20052014
UNISWAP V2 LP tokens

Here's the instructions I followed
https://www.ampltalk.org/app/forum/ampl-geyser-19/topic/about-the-geyser-21/

[Anonymous No.20052144]

>>20052104
The geyser has AMPLs seeded in it from the devs. The money (or rather, value)comes from the demand for AMPLs. The creators have made a system that rewards HODLers while they contrinue to grow institutional and ecosystem demand for AMPLs.

[Anonymous No.20052275]

>>20052144

leave them let them miss out on free gains

[Anonymous No.20052278]

>>20052107
Are they active on telegram? I havent been there yet.

I can definitely see some future dips.... but I suppose that goes without saying. Regardless, I see no reason that this wont pump past $3.00 given the current trend. Heres to hoping right?

It is very reassuring that so many whales are locked into the geyser

[Anonymous No.20052281]

>>20052104
Reward is in AMPL taken from a dev lockup of AMPL into the geyser smart contract. The AMPL in the geyser receives the same rebase as any other AMPL, so the reward scales with adoption.

[Anonymous No.20052299]

>>20052278
The telegram chat is a shitshow of FOMOers trying to understand the mechanics of the coin. Not worth your time.

[Anonymous No.20052319]

>>20052107
yeah that's the one I saw earlier. I may just have to put more money in to figure it out or join their telegram to get help. Thank you for your time and energy anon, I hope you have a good day

[Anonymous No.20052417]

>>20052281
Big brain chad right here
>>20052299
Yeah, I gave up last night. kek
>>20052319
Thanks, anon. You too. If it's any consolation, your rebase gains will far outpace the cost of the eth you spent. :)

[Anonymous No.20052478]

>>20051890
Even if the price stays still, not move one cent up or down, it is still 6x from here in two weeks

[Anonymous No.20052482]

>>20052299
Oh wow it really is just that, its basically just people wanting to fomo, and others saying not to. What a waste.

[Anonymous No.20052487]

>>20052417
>rebase gains
for sure but when I put the max number of my ampl into the geyser the estimated rewards is quoted back as something hard to believe. The feeling reminds me of buying BTC back when it was $300 a coin. So I want to make sure I atleast try to get in on the geyser.

[Anonymous No.20052557]

>>20052487
Wait, so you have your tokens then? If you're trying to get into the geyser?

[Anonymous No.20052627]

Dropping some ampl-pilled posts from last night's thread.

>>20040421
>>20039728
>>20039195
>>20037534
>>20032768
>>20033150

[Anonymous No.20052640]

>>20052557
yeah lol but when I try to add to the geyser I get "insufficient balance" "Get UWETHAMPL-V2" in a purple rectangle the second text being in a darker purple with rounded edges.

[Anonymous No.20052700]

>>20052487
You're probably looking at the uwethampl token amount, that is NOT the same as ampl amount. You don't put ampl into the geyser.

[Anonymous No.20052748]

>>20052640
Not so fast,cowboy. You have to join the eth/ampl pool on uniswapv2 by putting in equal amounts of ether and ampl. You then get uwethampl tokens. Those are what you deposit into the geyser.

[Anonymous No.20052847]

>>20052748
I see, so buy 1 eth and put in 1 ampl pretty much? Where did the ETH i sent earlier go?

[Anonymous No.20052948]

>>20052847
1 eth lets you pool roughly 100 ampl at current price. I don't know where you sent your eth so can't help you there.

[Anonymous No.20052964]

>>20052847
equal value of eth/ampl, not equal quantity

[Anonymous No.20052991]

>>20052948
thanks brother, bless your gains

>>20052964
thanks man :) bless

[Anonymous No.20053145]

>>20047382
To pool or just sit in ampl?

[Anonymous No.20053227]

>>20053145
Greedy play is to just hold AMPL if you think it will keep mooning. Safer play is to put it in the geyser if you think the growth will slow or retrace. I have half in the geyser and half out.

[Anonymous No.20053264]

>>20053145
Would you like free money, or more free money?

The only question is if you can afford the ETH to pool with the AMPL. If you can, you will 2-3x your money within the geyser (depending on how long you stake).

[Anonymous No.20053287]

>>20053264
2-3x, ON TOP of the normal gains

[Anonymous No.20053327]

>tfw another day of AMPL gains

[Anonymous No.20053466]

>>20053227
I have 100% out of Geyser. Why greed?

Surely its way greedier to get rebase within geyser because you're getting rewards plus rebase?

[Anonymous No.20053483]

>>20053466
https://blog.bancor.network/beginners-guide-to-getting-rekt-by-impermanent-loss-7c9510cb2f22

[Anonymous No.20053547]

>>20053483
I have it just in my wallet getting rebase alone.

[Anonymous No.20053606]

>>20053547
also when you stake you're tied down with 50% ETH
if the token moons hard like it's doing now staking limits your gains (but also limits your losses)
the staking reward + rebases aren't enough to offset 50% fewer tokens in a massive pump

[Anonymous No.20053693]

>>20053606
The one thing I don't know is whether the impermanent loss will be reversed if the price eventually goes back to to 1. Or is the impermanent loss driven by marketcap?

[Anonymous No.20053768]

>>20047382
Such copypasta. Fuck this copycat scam

[Anonymous No.20053786]

>>20053768
Whats your beef stranger?

[Anonymous No.20053842]

>>20053768
terrible FUD, you'll have to try harder than that

[Anonymous No.20053867]

>>20053693
It is reversed if the prices goes back to where it started that's why it's called "impermanent"

[Anonymous No.20053978]

>>20053327
yes

[Anonymous No.20053996]

>>20053768
GO BACK TO FUCKING REDDIT

[Anonymous No.20054024]

>>20053768
Copycat of what exactly?

>>20053867
Prices can go back down but supply continues to increase, meaning still making money.

[Anonymous No.20054163]

>tfw realizing ampl is actually the idea I had in 2017
i love you, thanks for actualizing it

[Anonymous No.20054247]

>>20053978
How does it feel to own a future top 25 project?

[Anonymous No.20054295]

>>20054247

how much is a make it stack 2100 ?

[Anonymous No.20054316]

>>20054295
remember it's not about the number of tokens that you hold but the % of supply

[Anonymous No.20054380]

>>20054247
Like a pajeet with a designated shitting street... in America

[Anonymous No.20054463]

>>20054316

i'm aware of that look at how much % of cap 2300 is

[Anonymous No.20054480]

By the way, everybody, Brian Armstrong (ceo of Coinbase) has only ever made 6 personal crypto project investments. Ampleforth is two of those.

https://www.crunchbase.com/person/brian-armstrong

[Anonymous No.20054489]

the ESH crew Pump and dump for July.

[Anonymous No.20054555]

>>20054489
Fuck yeah, July is only starting now!

[Anonymous No.20054557]

>>20054489
>ESH crew?

[Anonymous No.20054655]

>>20053606
>impermanent loss vs eth floor
yes anon. your thinking is correct imho.
I have 70% in geyser 30% hodling. my theory is sometime over next 80 days (probably starting in 65 days)....I will start shedding a percentage of loose ampl hopefully at ath prices.
I'm hoping my geyser/uniswap locked money will balance towards eth so effectively have less total upside but increased eth ratio will provide a floor to protect against dump
its fucking hard to model all the permutations but i agree that % in and % out is best strategy.

[Anonymous No.20054866]

>>20054295
Comfy stack is 0.1%
Make it stack is 0.01%
Suicide stack is 0.001%

[Anonymous No.20055078]

>>20054866
0.002 reporting in

[Anonymous No.20055107]

>>20055078
How much is that then?

[Anonymous No.20055135]

>>20054866
.012 reporting, scared and feeling like I should pull out, but the possibilities are so great. Damn this cryptorisk reward game.

[Anonymous No.20055187]

>>20054866

Can u tell me in numbers for suplly now i dont know how to calculate a percentage im pajeet

[Anonymous No.20055221]

>>20055107
Make it stack is about 2500 AMPL right now. I have 0.015% so I'm just going to hodl. We're all going to make it.

[Anonymous No.20055569]

just bought a 1k stack

[Anonymous No.20055680]

>>20055569
nice

Hey Tyler from TG

[Anonymous No.20055713]

>>20055680
not him. but whats the TG for this?

[Anonymous No.20055819]

>>20055713
t.me/Ampleforth

he's here

[Anonymous No.20055844]

so anyone have a theory on a good balancer ratio? perhaps with dai?

[Anonymous No.20055973]

It’s pretty much too late to get in. Damn it.

[Anonymous No.20056008]

>>20055973
not at all, still has over 5x left, earlier is better

[Anonymous No.20056101]

>>20055973
I just got in. If you are looking for a PnD quick gains maybe. But if you are trying to position yourself your for the bullrun then not at all.

Currently my positions for bullrun are BTC, ETH, KNC, RSR, now AMP, will proabbly add some Link (resistance seems futile).

I have another wallet for trading shitcoins that I then funnel back into my pre bullrun position. you should do the same.. or not.

Oh, I also have some stable coins incase theres a big dump accross the board.

[Anonymous No.20056206]

>>20055973
kek

This will grow during the next 75+ days. Price will stabilize and rebases will make us go higher and higher

[Anonymous No.20056316]

TG is getting better, thanks boys

[Anonymous No.20056349]

>>20056206
you know what this means, right? this means ampl will flip ethereum. so... I think with a chaotic environment like this, it will only be able to flip bcash. interesting times ahead.

[Anonymous No.20056388]

mf dont sell and we all eat

[Anonymous No.20057284]

Will we break $3 today?

[Anonymous No.20057698]

>>20057284
Some people are waiting on TG to buy in at a "better" price (they are idiots, supply is increasing so a lower price means a lower mcap % ownership), that may be part of it. We've already gained $0.50 day, probably see some more in the pre-rebase run up. $3.00, we'll see

[Anonymous No.20058441]

Do you see it, young Padawans?

[Anonymous No.20058792]

>>20058441
the pumps are cyclical

[Anonymous No.20058806]

>>20058792
Not at the same times they aren't ;o

[Anonymous No.20058847]

>>20054655
well I just calculated that if I was 100% in AMPL i'd be up another 1.2k USD
staking is a meme with this level of pumping

[Anonymous No.20058921]

i remember reading in one of these threads that there is a specific time where it is best to buy. What was it again? Help me become an ampie

[Anonymous No.20058982]

How much does everyone think tonight's rebase will be?

[Anonymous No.20059033]

>>20058921
Each ampie day starts at 10pm. 10-12pm is probably the best time when "price per ampie" goes down. But "price per % mcap" (which you want) is always cheaper the earlier you buy it (right now).

[Anonymous No.20059227]

>>20058982
10.6%

[Anonymous No.20059229]

>>20059033
Thanks I just bought it with 2 eth worth because I'm afraid of buying tops but will DCA in.

[Anonymous No.20059258]

So this just happened

[Anonymous No.20059285]

>>20059229
You'll still profit if price goes down, since supply increases. Calculate your holding by $ value.

[Anonymous No.20059306]

>>20059227
I'm thinking ~12%

Also
>pic related
kek

[Anonymous No.20059536]

>>20059258
I guess it'd be helpful if I post the link lol
https://mobile.twitter.com/arrington/status/1278435662702743554?s=20

[Anonymous No.20059557]

Price prediction EOM?

[Anonymous No.20059732]

>>20059557
$100

[Anonymous No.20059781]

I literally sold yesterday after the rebase and I'm SEETHING

[Anonymous No.20059874]

Since this is relatively stable, What's stopping me from buying from MXC and selling it in on Uniswap?

[Anonymous No.20059915]

>>20058441
they told us it existed but we never believed in it

[Anonymous No.20060192]

>>20059915
kek, $2.85 incoming

[Anonymous No.20060345]

We did it Spartans! $3 broken!!!!!!!!!!!!!!!!!!!!!!!

[Anonymous No.20060353]

WHAT THE FUCK WAS THAT??? OOOOOOOOOOOOOooooooooooooooOOOOOOOOOOOOOO

[Anonymous No.20060373]

>>20059227
Does that mean 10% of supply goes away?

[Anonymous No.20060401]

>>20060373
Increases

[Anonymous No.20060516]

>>20060373
Your stack grows 10%

[Anonymous No.20060689]

>>20060401
To deflate the price right?

[Anonymous No.20060723]

>>20060689
To bring the DCA per ample closer to $1. Marketcap/Total supply. But if few people sell or sell slowly, the price continues to increase.

[Anonymous No.20061071]

Kek

[Anonymous No.20061277]

Is the rebase at 10PM EST?

[Anonymous No.20061283]

>>20061277
Yep

[Anonymous No.20061341]

>>20061283
And if I hold AMPL in my wallet those will rebase to a different amount as well? (I don't fully understand the geyser, is it basically just a liquidity pool? Are there risks for being in the geyser?)

[Anonymous No.20061351]

>>20061341
the risk of the geyser is impermanent loss if AMPL keeps pumping and diverges more from ETH

[Anonymous No.20061391]

>>20061341
all wallets in or out of geyser rebase. geyser gives you extra ample (2-3x of your investment) the longer you stake them there. devs are talking about extending this indefinitely

[Anonymous No.20061405]

So if you had a choice to stack more AMPLE before a rebase or buy after a rebase, what would be the smarter play?

[Anonymous No.20061413]

https://pools.balancer.exchange/#/pool/0xeefb11cA05c6F0d5252757Dbe35fFC4458108e89

[Anonymous No.20061496]

>>20061405
Before, always before. unless it was at like $1.

[Anonymous No.20061573]

>>20061413
>a name like the link marines
nigger doesn't even know that the digimarines were the OGs and linkies just stole that meme

[Anonymous No.20061664]

>>20061573
I think they're going with Ampleforce or AmpleAirforce something like that

[Anonymous No.20061755]

20 minutes left to make it tonight for guaranteed 15% return. You're gonna make it, right anon?

[Anonymous No.20062128]

>>20061755
Nice collarbones.

[Anonymous No.20062166]

So, let me get this straight - you get compounding interest every single day you hold Ample above 1$ which incentivizes holding and not selling Ample - which not only creates it's own demand but also reduces available supply for purchase. To combat a lack of supply for purchase, the Ample team created the geyser to inject liquidity for purchase without driving the price down?

At least the above applies to the "finding market cap" phase of the project until there is enough inflation to bring the price back down to $1 and stabilize?

[Anonymous No.20062188]

>>20061755
>resorts to titposting when no one asked in order to shill their shitcoin

[Anonymous No.20062197]

>>20062128
tee hee thanks

[Anonymous No.20062252]

>>20062166
yes

[Anonymous No.20062317]

>>20062188
Somebody's mad they just missed 15.78% return, aren't they? :(

[Anonymous No.20062368]

>>20062317
nice tits, whore

[Anonymous No.20062423]

>>20062368
thank you

[mr x No.20062551]

Im holding my ampl on kucoin, will it rebase there?

[Anonymous No.20062571]

Are you all balls deep in the geyser?

>>20062368
Internet truly is speak human existence. Nothing like autistic people shitposting while earning money, (assuming you are autistic enough) and random KYC verified tits appear.

>>20062551
Yes. All AMPL addresses.

[Anonymous No.20062671]

>>20062571
I'm one ball in the geyser, one ball out. I'm saving half my ampies to hedge against impermanent losses and to have ready for any new incentive project they roll out.

[Anonymous No.20062756]

>>20062317
>>20061755
>>20047881
Stop posting my waifu's pics you son of a basterd bitch!

[Anonymous No.20062892]

nasty stinky linky shitcoin

[Anonymous No.20063986]

>>20062892
nasty dirty dicksucking whore

[Anonymous No.20064827]

>>20063986
Yummy yummy in her cunny

[Anonymous No.20064843]

I guess we're about to find out if rebalancing and stabilization works as promised.

[Anonymous No.20065260]

>>20062892
Do the opposite of what this whore says and you'll make massive gains

[Anonymous No.20066035]

>>20047382
Whjere to buynig

[Anonymous No.20066304]

>>20066035
Kucoin uniswap bilaxy bitfinex

[Anonymous No.20066405]

.0436 here with 65% of that tied up in in the geyser.

I've never made it on a /biz/ recommendation before so I hope I'm not cursing this project