Ampleforth, serious edition.

[Anonymous No.20408418]

So I spent some time today properly researching Ampleforth. Ok so this is clearly something a bit special. A non inflationary currency that also adds holding value almost seems too good to be true.. Can we have a serious conversation about it pros and cons without the bullshit?

[Anonymous No.20408444]

>>20408418
Pro: you made a lot of money if you got in super early (months ago)
Con: it's a fucking scam

[Anonymous No.20408672]

>>20408444
Empty worthless post.

[Anonymous No.20408804]

>>20408418
i also feel there is something very special about this coin, i was a little late to join after doing some research. Wondering whats everyones opinion on this once the geyser period ends?

[Anonymous No.20408835]

>>20408804
I don't think it is going to end

[Anonymous No.20408942]

Maybe this is super technical maybe not...
But how do they actually manage to change the amount of tokens in ones wallet without any in/out transfers of coins? And adding tokens to a wallet is one thing, but as I understand they can also Decrease the amount in your wallet. How the hell is that possible?
And if they can do it, can any coin technically drain your wallet of your tokens!?

[Anonymous No.20408956]

This is to advanced for biz to understand

[Anonymous No.20408983]

>>20408942
They change the supply in the smart contract then the wallet read the %

[Anonymous No.20409134]

>>20408418
ampl is a meme

if the price is above 1.009 everybody is getting rebase meaning everyday people are selling their rebase so we have much higher sell pressure than buy pressure

this thing is about to dump majorly

[Anonymous No.20409168]

I think aleph is better token

[Anonymous No.20409190]

honestly you need an IQ of at least 110 to understand that AMPL is just another scam

[Anonymous No.20409196]

It's funny how I've read like 100 completely different theories about what is going to happen with AMPL. Either it is going to make us all rich or have a negative rebase death spiral. No one knows what's gonna happen but I'm in it for the ride either way.

[Anonymous No.20409224]

>>20409190
A scam is when someone lies or tricks you to gain something from you. There are no lies or tricks here. You can read the white paper and how it works. People constantly screaming scam are the real low iqs

[Anonymous No.20409243]

>>20409196
Too much awareness now for it to death spiral

[Anonymous No.20409256]

>>20408418
Think of a coin going up and down in price.

Now think of a coin that's stable but the amount of coins in your wallet changes to match the original coin going up or down.

it is just the same thing with extra steps. this coin has no fucking use at all. it's funny lol

[Anonymous No.20409274]

You guys are retarded and can’t settle on a fundamental analysis that’s already in clear view and happening as we speak. There’s a reason it didn’t dump under a dollar after last weeks bubble. There’s a reason it’s increasing again as we speak (albeit slowly). The car is out of the bag and people will be buying this UNTIL it hits its marketcap equilibrium. There will be huge dumps and huge spikes along the way (as intended). There’s no way of saying this without sounding like a brainless shill but it’s the truth so I’ll say it anyway: anyone who gets in now will be rich in the future. Simple fact. Follow up with this statement in exactly a year. I’m not some super genius with a crystal ball, I just understand the crypto space in general and DeFi/stable coins is the hottest trend for the time being.

[Anonymous No.20409397]

>>20409274
This. There’s a reason ivanontech bought in and said I know this isn’t the bottom but I don’t care. I have to have a bag now.

[Anonymous No.20409423]

>>20408418
The main pro and value comes from the fact that it is the only crypto ever that is completely uncorrelated to price changes of other cryptos like bitcoin and eth. This is completely revolutionary and will change the landscape of the industry and replace stablecoins.
Also rebase does nothing because the price drop is automatic due to the nature of uniswap.

You buy a % of the market and this is literally it. If the MC rises you profit from it. (hint: it will)

[Anonymous No.20409504]

>>20409190
what is the scam when it is an open source technology and a smart contract at the other end of your transaction. everyone knows how it works and what it does, who can scam you? please stop being this gay

>t. 141 IQ

[Anonymous No.20409553]

The secret of ampl is lopsided mathematics. There is unlimited max positive rebase (anything >$1.05) but limited max negative rebase (anything below $0.96) of -10% at $0 price. As long as there is demand, negative rebase will still bring price up back to $1 and start FOMO cycles again. This uneven math effectively makes for trapping more base mcap after each FOMO cycle and raising the collective value of each holder's stack.
The only way value can leave is if there were prolonged 0 demand, which at this point is not realistic.

However, don't let anyone shill you with "muh compounded gains" or any such nonsense. Rebase simply changes supply evenly so everyone still holds the same % of the token supply each night. Money comes in whenever whales or FOMO fags pump the price and requires continuous new demand for mcap (and hence the value of your stack) to continue to accumulate at a meaning rate.

Advanced level: Learn to play the swings and you can multiply your %stack every FOMO cycle. Sell the top, but the bottom.

[Anonymous No.20409567]

>>20409553
Aleph is the secret.

[Anonymous No.20409595]

What portfolio trackers are people using for AMPL?

I have to manually update my AMPL balance in delta every fucking day. Fuck that.

[Anonymous No.20409629]

[Anonymous No.20409634]

Can someone with a high IQ explain how AMPL is different and better than tether or other stable coins. Also, why is USDT having problems with the law?

[Anonymous No.20409767]

>>20408418
Jesus, this is low effort shilling. Do you fags just copy and paste this shit from the last shitcoin?

Yeah, yeah, I know... Stay poor, faggot... He doesn't know... Whatever.

So I did a deep dive into this coin, and guess what everyone, it's awesome!

Poor pajeets haven't made it and need to spend hours on biz shilling garbage to make a few shekels. Same as wage slaving, isn't it?

[Anonymous No.20409792]

OH NO NO NO, AMPLBROS WE GOT TOO COCKY!

[Anonymous No.20409820]

>>20408418
Pros : makes you rich (i'm at $200k)

Cons : can make you poor

that's it.

[Anonymous No.20409838]

You routinely need fresh money to keep you afloat or you death spiral.

[Anonymous No.20409871]

it would seem AMPL passed a huge test - we got a HUGE pump to $4 saw insane 20 - 28% returns and the ensuing, inevitable dump. i was concerned it might dump under a dollar if all the whales pulled the liquidity from the geyser, which started to happen but the team rectified the impermanent loss within what... 48 hours? impressive. now it's back to over 13 million in the pool and growing steadily, and we're right back in that ultra-comfy zone of 5 - 10% returns. i think the scary bit is over and that this is going to continue to trade between 1.50 and $2 (maybe a bit more) for a very long time (at least 70 consecutive days of positive rebases) and make holders a silly amount of money in the process. enjoy the ride, boys.

[Anonymous No.20409901]

A is for ALEPH

[Anonymous No.20409920]

>>20409901
> Sir let me dump my aleph trash on you so I can buy AMPL

[Anonymous No.20409964]

>>20409871
>1.50 and $2 (maybe a bit more) for a very long time (at least 70 consecutive days of positive rebases)
it's literally impossible, it can't reach a higher marketcap than tether without causing mass fomo and another price pump

today will either start a new fomo pump to a new ath (that will last 1 week at most, before going back to 1$), or it will start dumping and going back to 1$, depends whetever the marketcap is undervalued or not

[Anonymous No.20410051]

>>20408418
It would be much better if uniswap finally sent it into my metamask wallet.

[Anonymous No.20410056]

>>20408444
Is bitcoin a scam? If AMPL was running on it's own blockchain, the only difference would be the superior economics. Just because you don't mine AMPL it's a scam?

[Anonymous No.20410095]

>>20409964
> Durr... It's impossible
> Needs a website to do a simple compound interest calculation

I'd prefer to hear what's possible or not from a non-brainlet thanks

[Anonymous No.20410101]

I get the gist of this but can someone tell me when the optimal time to buy is so I can fomo in before I finish the Redbook? If I buy when it's above $1 will the supply increase so that I'm not worse off or should I wait until $1? or is price irrelevant and I should just try to get in before or after the rebase?

[Anonymous No.20410137]

>>20410095
sorry i'm not smart enough to waste my time on doing x+7.5% 70 times with a calculator

[Anonymous No.20410142]

>>20409871
This. Well said.

[Anonymous No.20410161]

you fudders are really not grasping this, its hilarious.
this thing is not correlated to your favourite shitcoin or any other volatile assets in any fucking way AT ALL.
if you miss this thing and not tell your grandmother about it, you just give a fuck about money and the world and im honestly sorry for you.

[Anonymous No.20410162]

>>20409838
Find me one person who *does not* want to buy a more economically sound Bitcoin, with huge financial incentives for buying at such a low market cap. The demand is there and will increase the higher the marketcap goes. Don't take my word for it, just check in monthly on the marketcap.

[Anonymous No.20410341]

>>20410162
It’s me. I foresee an epic 18 month 81c sackholding session on the horizon where holders gather in the telegram each night waiting for the negative rebase whilst listening to “Brothers in Arms” and trying to convince each other to not try and sell pre rebase. At that point it could actually become appealing to guys that are into Findom, maybe that’s what will kickstart then next fomo cycle who knows

[Anonymous No.20410391]

If it can stay at least above $1.10 for a full year then you will 37x your Ample stack from the rebase.
If it can stay at least above $1.5 for the next 74 days then you will also 37x your stack from the rebase.

[Anonymous No.20410402]

>>20410162
>lock 1$ in a smart contract
>it becomes 0.8$ on the next day
WOOOOOOOOOOOOOOOOOOOOOOOW

[Anonymous No.20410408]

>>20410341
Alright, so you’re just hoping for a lower entry to accumulate more. This is a serious thread so begone troll

[Anonymous No.20410437]

>>20409792
give me that indicator broski

[Anonymous No.20410440]

>>20409871

Do rebases actually compound though? Do you net gain tokens for holding?

I was under the impression your % of the MCAP was fixed.

[Anonymous No.20410463]

>>20410440
it is fixed, net tokens are only gained in the geyser

[Anonymous No.20410536]

>>20410437
give me 1 eth, kek

also desu the indicator says to exit today. i'm still in but i'll dump if the price breaks the meme triangle downwards

worst case i'll rebuy tomorrow

[Anonymous No.20410554]

>>20410463

Ok so it IS better for me to put my small stack in the geyser, rather than hold in the wallet.

Does the AMPL I have in the uniswap token not benefit from the rebase??

[Anonymous No.20410589]

>>20408444
This. If you're thinking of buying in all you have to do is wait and watch the earlybirds canabalize each other

[Anonymous No.20410591]

>>20410554
no because in the geyser you hold 50% eth : 50% ampl so only half the amount "in the game"

[Anonymous No.20410656]

>>20410591

I understand that so the AMPL I have locked in the uniswap token with ETH doesn’t benefit from rebase?

If we get a 25% spike I won’t rebase extra tokens, basically.

[Anonymous No.20410680]

>>20410536
i am way too poor for that but i've been jealous about it for days now haha, you probably deserve it though for that indicator...

my triangle looks like pic related, I hope we're going down, I'm actually happy if that happens and will buy more with my sold linkie money

[Anonymous No.20410719]

>>20410656
Rebase is a great way to reduce risk by holding half your stack in ETH while making yield. If you want fatter rebases you need to hold AMPL only.

[Anonymous No.20410737]

[Anonymous No.20410735]

>>20410719
*Geyser

[Anonymous No.20410748]

>>20410680
you risk catching a falling knife

[Anonymous No.20410782]

>>20409634
You need Tether company to uphold its promises. AMPL needs its smart contract algorithm.

[Anonymous No.20410843]

>>20410341
I'm unironically into (asian) findom but I hold 10% of my assets in ampies

[Anonymous No.20410853]

>>20409629
You again. Still bad take. Whether trading happens pre or post rebase doesnt matter. Trading is happening outside of btc movement. As you can see its working by looking at heat map.

[Anonymous No.20410948]

>>20410719

Nvm I just looked it up myself since nobody can give me a correct answer.

Literally no reason to not be 100% in the geyser.

[Anonymous No.20410990]

>>20410948
>Literally no reason to not be 100% in the geyser.
if ampl moons your impermanent loss is huge

[Anonymous No.20411011]

>>20410990

Literally read what I just posted. Percent of MCAP applies to ALL wallets.

When you redeem the contract it will adjust automatically to the new “mooned” rebase.

[Anonymous No.20411030]

>>20410990

The only loss would be on what you hold in ETH in a potential moon.

[Anonymous No.20411070]

>>20410990
>if ampl moons your impermanent loss is huge
why invest in AMPL when you can buy a shovel that will power all defi and dexes

t. day 4 geyser holder

[Anonymous No.20411098]

>>20411070
because psychology.

[Anonymous No.20411441]

>>20408418
>non inflationary currency
>Inflates 27%

[Anonymous No.20411477]

>>20411441
Every holder receives an equal %, hence non inflation.

[Anonymous No.20411976]

>>20410137
The state of Americans, literally can't believe this

[Anonymous No.20412159]

>it's dead

check the charts faggots, if you're in get ready for rally #2 up to 500M cap

[Anonymous No.20412301]

>>20410737
wtf is this

[Anonymous No.20412442]

>>20412301
that is a correlation map, look at btc and eth. higher the number, higher the correlation. look at BTC and ETH charts. Meanwhile AMPL scores a 0.16, meaning it doesn't give a shit about BTC

[Anonymous No.20412485]

>>20412301
Pic shows crypto correlations. BTC, ETH, etc. are highly correlated (non-diversified), especially over the last few years.
AMPL is currently uncorrelated to all other crypto.
This is VERY important.
AMPL can potentially offer true crypto diversification within any portfolio. Thus outperforming all traditional portfolios and significantly increasing long term returns.
If you are high networth individual (me), you definitely understand the value proposition of AMPL. And, you want in.

[Anonymous No.20412517]

>>20412442
And its why it will see massive adoption. Need a store of value in crypto? Need a place to stick profits? need collateral thats not volatile? Need a stable coin thats liquid?

Its all of those. Its almost like these tech economic nerds from silicon valley and the ceo of coinbase know a thing or two.

Yet people on BIZ FUD it thinking they are smarter..

[Anonymous No.20412622]

>>20412517
What pajeets here don't realize is that this project is already bigger than what they could possibly influence. Sure, there might be one or 2 here with a 100k stack that could drop the price a couple %, but these kinda tricks work on small cap coins.

[Anonymous No.20412683]

>>20412622
Yep. Their time would be better spent buying as much as possible.

[Anonymous No.20412731]

OOOOOO

[Anonymous No.20412748]

EVERYTHING GOING DOWN AMPL GOING UP!!!!!!

[Anonymous No.20412911]

>>20411976
prove me wrong. also i'm europoor

[Anonymous No.20412957]

we are pumping boys

[Anonymous No.20413078]

>>20412957
breaking out. Lets go boys!!!!!!!!!!!!!!!!!!

[Anonymous No.20413155]

>>20410137
100 * (1.075^70)
t. went to high school

[Anonymous No.20413224]

>>20410391
Shit, at $1.50 for two weeks you double your AMPL

[Anonymous No.20413246]

>>20413224
yeah and it's easy to swing because of 90% fucktards in the market

[Anonymous No.20413319]

>>20413155
>(1.075^70)
yeah, by using a calculator. it took me less time to use the website designed for that specific purpose

i bet you use linux

[Anonymous No.20413327]

this is the biggest crock of shit ive ever seen.
lol

[Anonymous No.20413432]

is the geyser forever or just for now?

[Anonymous No.20413467]

>>20413327
Whats your beef stranger?

[Anonymous No.20413620]

>>20412957
2 bucks baby

[Anonymous No.20413662]

>>20413620
rebase >10% confirmed. comfy

[Anonymous No.20413673]

Do I get my rebase if I'm keeping it on exchange? How does this shit work? Do I need to hold it for a week to get rebase etc? Help appreciated

[Anonymous No.20413693]

PS you're all fags.

[Anonymous No.20413721]

>>20413693
Thanks for dumping your bag.

[Anonymous No.20413783]

>>20413721
I haven't dumped a dime

[Ampblaster No.20414046]

2$ rejected

[Anonymous No.20414795]

It will go back above 2$. Everyone who gets burned by the dumps will just buy back in when price is low next time. The false sense that rebase is just giving you free money is too strong for buying power to dissipate.

[Anonymous No.20415061]

>>20414795
i think it will take 4 weeks until this totally settles in with normies

[Anonymous No.20415107]

$1 EOY

[Anonymous No.20415245]

>>20414046
whats that

[Anonymous No.20415250]

>>20415061
Wayyy too generous. Whale games for the next 6 months. Holders get rich. $1 EOY

[Anonymous No.20415307]

>>20415250
Hmm should I really just take my measly 5k€ I have on the side and just go for it then anon? I've been in AMPL for 7-8 days now maybe

[Anonymous No.20415352]

>>20415107
I saw what you did there

[Anonymous No.20415381]

>>20415107
based

[Anonymous No.20415385]

>>20415307
That’s exactly what I did yesterday. I’m holding til I have enough ampls for a big impact on my life. Buying at $2 doesn’t feel good, but you have to consider you’re buying in at under a 100M mcap.

[Anonymous No.20415411]

>>20415307
I bought the absolute top, even with all the dumps now I'm even and considering going all in. This thing just wont stop.

[Anonymous No.20415428]

I really don't think geyser is a good way to invest.

I started with 1000 AMPL + 4.16 ETH - uni v2 and then geyser

2 days go by. The market price has been hovering between 1.30 to 1.80. Now $2.

With no geyser - my portfolio would have been: $1102 x2 = $2204 (ignore ETH)

With geyser (beehive) - my portfolio is 950 AMPL x 2 + .5 ETH + 7 Ampl reward = $2029

so last two days I have $175 less through beehive. Is geyser a meme? I dont know why high iq anons proposing this

Number of AMPL reduces when market price increases (impermanent loss)

Is there some hidden AMPLs I am not seeing - which I will only see when I withdraw?

[Anonymous No.20415447]

>>20415307
I would wait for this pump and see if it tries 1.8 again

[Anonymous No.20415457]

>>20415385
>>20415411
I've been running the numbers all day and it's like...

if this coin has "make it" potential then it doesn't really matter if I get out 150k€ or 250k€... but the initial investment is kind of a big deal for me right now... 1k€ vs. 5k€ is a big diff for me

[Anonymous No.20415483]

>>20408418

Christ, this has gone back over $2 again. Remarkable recovery considering only a few days ago we have a massive drop on consecutive days.

People just seem to continue to buy into this. Starting to think it actually could be very big in the future.

[Anonymous No.20415518]

Damn look at the activity on this thread. Real talk, the diverse opinions signify that Ampl is at the minimum a unique coin.

My take that no one has mentioned is the future ability to use Ampl as collateral for the crypto market instead of tether. Tether also expands to meet increased demand when people want to get to a more stable place in their portfolio. However when tether expands, they just arbitrarily print more. Only a few get that, and they can basically do anything they want with it. Ampl, on the other hand, expands in a mathematically transparent way. Everyone can see it and everyone knows what time it will happen.

Moreover, everyone who owns Ampl receives part of the expansion directly proportional to the amount of the network they own. So we all benefit equally. Ampl is a fairer, more transparent version of tether, and if it succeeds in replacing tether it will be good for all of crypto. Plus, it’ll make you rich while it gets there.

[Anonymous No.20415547]

>>20415483
thats exactly what the protocol wants. we are just puppets following and whims and fancies of a protocol.

Which I dont mind at all - as long as i have my 10% everyday

[Anonymous No.20415606]

AMPL is at the very worst, the most interesting concept/experiment since bitcoin and ethereum.

[Anonymous No.20415619]

>>20415457
Don’t invest what you can’t afford to lose but if you have the 5k sitting in crypto on an exchange it seems to me like you already made up your mind. There are upcoming catalysts for AMPL in the form of new exchanges, compound and Maker collateral integration, and the most underrated catalyst of all IMO: being stable when bitcoin corrects.

[Anonymous No.20415621]

>>20415483
And think that at $2.5 right now the mcap will be higher compared to when it peaked at $4.10. If in the next week we see such growth again, we'll be at 500M with a $4 price per token.

And it will crash back to 250-300, to rally up to 1B.

[Anonymous No.20415828]

>>20415606
Well said