/biz/ - Business & Finance

[Anonymous No.20282214]

What happens when the music stops?

The supply keeps increasing until the price goes back to 1.009 $. It's clear right this moment AMPL is acting like a pyramid scheme. Mind that I'm not saying AMPL IS a pyramid scheme, only that it's ACTING like one.

Think about it. Eventually people will be incentivized to sell, that's the whole point of the protocol and increase in supply, right? To get the price back to 1.009 $.

That means that whoever bought at 3$ and not sold will get royally fucked WHEN people smarten up and start selling, doing what the protocol was designed to do.

So, explain to me why is everyone buying this shit at 3$+ ? IT'S LITERALLY IN THE WHITEPAPER THIS NEEDS TO BE 1.009$ AND IT WILL INCREASE SUPPLY UNTIL IT GOES TO 1.009$

[Anonymous No.20282230]

[Anonymous No.20282291]

>>20282214
Delet this

[Anonymous No.20282324]

>>20282214
yea, everyone is trowing thousands of eth because it is a pyramid, ampl is not a stable coin, and you clearly have no clue how the rebase/elastic protocol works
weak fud, 1b mc eow

[Anonymous No.20282346]

what a retard

[Anonymous No.20282352]

>>20282324

LOL thanks moonboy. I have 700 AMPL. I'm just trying not to get fucked and warn other people.

The best time to buy this coin is when it's either AT 1$ or BELOW. That's when you have the biggest chance to buy a large % of the total supply.

This coin now is the 100s of total market cap, it's ridiculous.

>>20282346

LOL, retard because I'm exposing what you want to keep quiet? It's literally a pyramid scheme. Everyone hopes nobody else sells.

[Anonymous No.20282395]

>>20282352
>LOL, retard because I'm exposing what you want to keep quiet? It's literally a pyramid scheme. Everyone hopes nobody else sells.

If this is what you really believe, then you really are a retard, I'm sorry. You really think millions would be dropped on this if it were a ponzi scheme? Retard. Growth of something is not a fucking ponzi. RE-FUCKING-TARD

[Anonymous No.20282418]

>>20282395

Protocol is legit. But at the moment it is acting like a pyramid scheme. The entire point is for it to be 1.009 $. Eventually someone who already made millions will start selling and trigger a downward spiral.

@All other anons, buy this when it goes to 1$ or lower. Anything else you're buying someone else's bags.

[Anonymous No.20282422]

>>20282352
It will not go below 1 for a long time. It will shoot to atleast 500m before that.

[Anonymous No.20282431]

>>20282352
>The best time to buy this coin is when it's either AT 1$ or BELOW. That's when you have the biggest chance to buy a large % of the total supply.

Holy shit youre an idiot.

[Anonymous No.20282443]

>>20282431

LOL this guy is a moron. If the price is below 1$, the supply will contract, making buying entire a higher % of the marketcap easier.

Read the whitepaper faggot.

[Anonymous No.20282480]

>>20282418
>Eventually someone who already made millions will start selling and trigger a downward spiral.
yes, that is the point of increased supply, to trigger selling, you damn idiot. Will that result in a downward spiral? No. Not at all. Downward spirals occur when something is fundamentally WRONG. The market will not react in such a way toward something that is functioning 100% as intended. There is no reason for that to take place.

[Anonymous No.20282527]

>>20282480
>"Functioning as intended"
There is no product, its a speculative scam with no use case. If you buy in now you deserve to get dabbed on.

[Anonymous No.20282597]

>>20282527
the use case is being the real bitcoin.
a store of value on the blockchain.
ampleforth is better than bitcoin for multiple reasons:
1. less volatility once a multi billion marketcap is reached
2. doesnt have its own chain, uses ethereum like a smart parasite
3. less wasteful to the environment because of this
4. lower transaction fees, faster transactions

Bitcoin has no advantages compared to AMPL.

[Anonymous No.20282599]

>>20282214
OP I just nutted deep inside your mother, go on and ask her how it feels. While you're doing that I'm going ALL IN ON AMPL

[Anonymous No.20282610]

>>20282597
Based. Will AMPL moon like Bitcoin did?

[Anonymous No.20282628]

>>20282599
Checked!

[Anonymous No.20282634]

>>20282597
Gets it.

[Anonymous No.20282636]

It takes a long time for the supply to contract again. That’s why people are buying even at $3. Because if it stays here for just a week, 0.01% of the supply is cheaper now than in 1 week when it’s 1$. But it’s not a stable coin. It’s not meant to be at 1$. It’s over right now because it’s undervalued in terms of market cap. The supply will probably expand until we hit a billion or so. Then it’s gonna drop quickly, then it’s gonna crab for a while with a lot of fear. And then a new greed cycle starts

[Anonymous No.20282645]

>>20282636
nah, it will just moon and moon and moon and pay higher and higher interest rates (=inflation rate) and retards will pump this past bitcoin, this is going straight to #1 on CMC

[Anonymous No.20282651]

>>20282636
How much will AMPL worth once the market cap hits 1 billion dollars?

[Anonymous No.20282669]

>>20282645
>#1 on CMC

[Anonymous No.20282682]

>>20282651
We don’t know what the price will be per AMPL, but you’ll have 10x the number of AMPLs

[Anonymous No.20282699]

>>20282214
You're either dumb, or you're dumb. Price doesnt matter here. If you buy at 3$ and the MC grown 3X AND the price is 1$, you are breaking even.

[Anonymous No.20282720]

>>20282699
So what happens when the supply starts contracting? You do realize it's gonna be the opposite of FOMO right? It's like leverage. It goes up quick, it goes down quick.

[Anonymous No.20282723]

>>20282682
Well I currently have 100 AMPLs so I'll have 1000 AMPLs if the MC hits 1 billion? If each one is valued at $100 I might just coom

[Anonymous No.20282749]

>>20282720
Your mother goes up and down on this dick real quick

[Anonymous No.20282751]

>>20282723
thats not how it works.
if you 10x your amount of AMPL you are already at a 1 billion mcap. so the price will be the same it is now under that assumption, not $100

[Anonymous No.20282785]

>>20282751
Ok gotcha. So I should just hodl and not sell anytime soon

[Anonymous No.20282812]

>>20282785
lets be honest: nobody knows. this is a completely new concept, the only concept that is a bit similar is HEX, but unlike HEX AMPL is not run by a fat scammer who will dump his own shitcoin after bigpayday.
AMPL has the interesting game theory of HEX while being more transparent and legit.
I will definitely not sell anything unless this hits a 900 million mcap, then i will take out twice the amount of my inital investment and let the rest run.

[Anonymous No.20282815]

>>20282669
the shotgun really needed to be his dick, 8/10

[Anonymous No.20282921]

>>20282720
This is why they made the geyser

[Anonymous No.20282947]

>>20282785
If you have 100 AMPL, you have 0.00000111309% of the supply. So if it hits $100b in the next bull run, you'll have around $111,309. But before it gets there, it is going to have cycles of greed and fear. When it gets this high ($3), the rebase is very high and people fomo in. When it gets below $1, people become very fearful and sell. So there is also reason to try and sell before we go under $1.

[Anonymous No.20283975]

>>20282214
it doesn't fucking matter if the coin inflates till it goes down to $1 because you don't lose money. The inflated coins are ADDED TO YOUR FUCKING WALLET KILL YOURSELF WEAK FUD

[Anonymous No.20284025]

>>20282720
Those idiots on the sidline like yourself will jump in quickly to fill their bags pushing the price up.

[Anonymous No.20284036]

>>20282214
people keep talking about this being a new paradigm yadda yadda but its the geyser keeping things afloat

while the incentives on that are strong we arent dropping

[Anonymous No.20284041]

>>20282214