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/biz/ - Business & Finance


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20417054 No.20417054 [Reply] [Original]

There is only one certainty in this world AMPL 1$ EOY.

>> No.20417156

>>20417054
green id, checked

>> No.20417192

We're all gonna make it. $1 EOY!!!

>> No.20417431

see you at 2B$ market cap in 2 months

>> No.20417507

$1 and 3B MC sounds good to me. How many times do we have to say this: Price doesn't fucking matter.

>> No.20417887

>>20417507
It does not as long as it doesn't crash below 1$

>> No.20417926

>>20417431
Absolutely faster than 2 months. 2 months is a century in crypto moon time. Cats out of the bag and it’s just going to take 3-4 days of fomo to hit 2B. Binance and Compound announcements will send it, and they’re dropping any minute.

>> No.20418726

So?

1 million of 1$ is still 1 million

>> No.20419380

There is a reason why ampl will never be above 4$. Because whales cannot take their profits and but lower. At 4$ you get daily rebase of 30%. They have to be able to crash the market more than 30% to buy lower and break even. The more mcap grows the harder it will become to crash it more than 30% in a single day.
I expect once we hit 1-2b$ we will barely go above 1,10-1,30$.

>> No.20419509

>>20419380
>>20418726
>>20417926
>>20417887
>>20417507
>>20417431
>>20417192
>>20417156
>>20417054
two questions:
1) do exchanges have to pause their exchange for rebase? like Kucoin or can this be integrated without pausing the exchange?
2)who pays for the chainlink node? btc doesnt have to do anything like that - so who will pay for the node in the future? is it automated? whats the long term implications of this and is it sustainable?
smart anons only please

>> No.20419709

>>20417054
I dunno, opie, at this rate it's looking like not till q1 2021... if we're lucky

>> No.20419748

truth be told this pump and great and all but I wish it would consolidate around $2.10 at most and grow 20-30 cents per day up to 4 again instead of flying to $3 by tonight

>> No.20419793

>>20419748
same

>> No.20419983

I was there when antshares was shilled biggest mistake i made not to jump on that ico. I kept seeing it rise and rise and didn’t want to fomo. You know what? It did x700 from ico to ATH. I had to sleep with that thought in mind every fucking night till noW. I could have been a multi millionaire.
Let me tell you, ampl is even bigger than antshares, the hype is unreal. Just scroll twitter $ampl and you will see what I’m talking about.
Millionnaires will be made.
Thank you AMPL

>> No.20420152

>>20417054
1$ EOY GANG GANG

>> No.20420180

>>20417926
"any minute" as in one week? where will this info drop first?

>> No.20420236

$1 EOY = replace tether as stable coin.

>> No.20420394

Big dick just added 141k ampl/1375eth to the geyser. 15.5 million in the pool...

>> No.20420485

>>20420394
Shiiiiit

>> No.20420672
File: 3.83 MB, 1920x1080, 3CNYTCZ.png [View same] [iqdb] [saucenao] [google]
20420672

Would it be wiser to wait for 1$ and buy then, or buy now and let it bleed while getting more coins?
I understood it so: If price is above 1$ your stack increases with a same % as whole MC, and if it is under 1$ you loose coins to stay at same value.

>> No.20420688

>>20419509
anyone?

>> No.20420695

>>20420672
buy now

>> No.20420763

>>20420672
buy now, price doesn't matter, it's your percentage of the MC, if it pumps and rebases a ton before going back to $1 you will actually have less AMPL than if you bought now and held through that entire process. You'll understand once you've bought some and held for 3 or 4 days

>> No.20420784

>>20420672
Price never really drops more than the % of the rebase so buying now would be profitable for when the rebase happens later this evening

>> No.20420816

>>20420688
let me try:
on uniswap price is instantly adjusted because it's nothing more than a simple mathematical function
i think kucoin etc. have arbitrage potential during this time where they lag behind uniswap etc.

who pays for it? honestly no idea why it would even need a chainlink node?

>> No.20420853

>>20420763
throwing 1 eth into this, ampl really has caught my attention lately

>> No.20420905

>>20420816
>who pays for it? honestly no idea why it would even need a chainlink node?
it needs it for the oracle price - which determines rebase. it needs link bcuz of security.

so your saying the reason why kucoin pauses is because of arbitrage? and not cuz of the protocol design?

>> No.20420927

My 1000 AMPL will compound into 500,000+ once the marketcap finds its equilibrium at the end of the year. $1 EOY, next tether, next DAI. Brian armstrong put us on coinbase FAGGOT

>> No.20420985

>>20420394
based

>> No.20420996

>>20420927
when will coinbase become a reality what do you think?

>>20420905
i mean kucoin has to do it somehow "manually" while on uniswap it is decided by the supply ratio automatically

how big is this "need" for link? it's just a 24h price average it needs right? this costs what like 1 link per day?

>> No.20421019

>>20420853
You are going to want to put in more than 1 eth on this 1 m8
Checkout this 2 minute overview:
https://www.ampleforth.org/basics/

>> No.20421088

>>20420996
Tough question. Technically, EZPZ, it's just an ERC-20 shitcoin. Legally, its also fullproof. US based legally compliant private sale. No "staking", not a security, etc. The biggest hurdle is volatility. Coinbase doesn't want a horde of cry babies e-mailing them when they lose 30% overnight during volatility. I'm sure they can pair this with a "learn and earn" to offset the low-IQ. Their incentive to list this before binance is quite strong though. They will get major exchange fees. Brian isn't a fool either, he invested into it personally so it has his blessing. The team said in yesterdays QnA that there are two very exciting things coming up to help with liquidity so it has to be either binance or coinbase IMO. Ironically, i'll make more the longer it stays under the radar and gives me simple 10% rebases for the next 3 months while the geyser operates.

>> No.20421130

I honestly can't wait to have 100k AMPL and collect my first 20-25% rebase on that... imagine getting like $25,000 overnight. Feels like it's only a month or so away for me at this point...

>> No.20421175
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20421175

FUG SHOULD I SELL THE PUMP

>> No.20421184
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20421184

>>20421088
>>20421130
should I wait for $1.75 again or buy now? I don't have a lot, kind of a poorfag but I want to increase my measly 1400 Ampls to like 2000

>> No.20421237

>>20421184
You do not want to swing this coin unless your an expert in TA. I saw that 4$ dump a mile’s away. Now there’s no dump we’re about to cycle once again. 4$ by next week.

>> No.20421238

>>20421130
Same anon but maybe closer to 2-3 months for me. I’m at 10k right now and feel comfy as hell... are we really about to make it before the bull run is even officially underway?

>> No.20421240

>>20421184

buy now, I bought at $2 and had more money when it was at $1.5 than I would have if I tried to swing trade.. because price doesn't matter. Remember - it's always aiming to go to $1 eventually. You just want to have A LOT of AMPL by that time. I would rather have 3million AMPL worth $1 each than try to swing trade it and miss out on compounding rebases

>> No.20421257

>>20421175
You are going to get burned if you swing this coin. Only for advanced traders who know what they are doing.

>> No.20421278

>>20421240
I know how it works but if it comes down in an hour from now I can get like 100 more that's what I mean

>> No.20421293

>>20421237
This. If you make a mistake swing trading (just like stocks) kiss your total gains possible away:
Forever.
Just HODL.
Easy.

>> No.20421405

Here we fucky go lads

>> No.20421441

>>20421238
the bullrun is under way, anon. it won't be like last time though where every single shitcoin mooned, the ones that will perform are performing.

>> No.20421516
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20421516

>>20421088
>10% daily rebase for 3 months
>Marketcap larger than all of crypto combined
you are basically retarded

>> No.20421542

>>20421278
Yesterday it did not budge even before/after rebase.

>> No.20421551
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20421551

Does not look so good right now, pump stopped at resistance

>> No.20421621

>>20421551
We don’t need it to pump any more, this is already more than a fat enough rebase. The quicker it rises the quicker and harder it falls, ideally I would want to stay around $1.50-2.00 for months

>> No.20421678

if i buy some off kucoin how do i get the rebase?
Do i have to do anything extra or can i just leave the coins on kucoin

>> No.20421732

>>20421678
It's automatic

>> No.20421754

>>20421678
Supported Integrations
If your tokens are held in an ERC20 wallet they will respond to daily supply adjustments automatically. Otherwise, if your AMPL tokens are held on a centralized exchange please be aware that exchanges pool wallets and it is the exchange's responsibility to update user balances accordingly. The following centralized exchange-integrations have been reviewed by the Ampleforth Foundation:

Bitfinex
KuCoin

https://www.ampleforth.org/trade/

>> No.20422176 [DELETED] 
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20422176

>>20421551
That was pretty predictable.

>> No.20422211

Saw that coming a mile away, you also have bearish divergence on 5min chart

>> No.20422270

>>20417507
this is misleading. price does matter. if sell pressure exceeds the rebase % you are literally losing money. if you keep your coins long enough, yes, you will end up with what you started (i think, right?)

>> No.20422314

>>20422211

Where does that meme line see the top of this current market cycle before the next major correction?

>> No.20422405
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20422405

>> No.20422427

>>20422405
>price

now do a useful one with market cap

>> No.20422461

At what point is it smart to buy in or dca? Do you guys buy during rebase?

>> No.20422550

>>20422461

Thanks to the 10-day average, we'll be seeing slimmer rebases for the next few days, so it'll make more sense for whales to pump and dump the price

>> No.20422671

>>20422405
Traders and whales plan entry and exit based on price.

>> No.20422742

>>20422671

If they keep that up they're going to get fucked, past a certain point

>> No.20422758

>>20420996
>how big is this "need" for link? it's just a 24h price average it needs right? this costs what like 1 link per day?
yeah i figured they could just have enough link locked for like 100 years or something

>> No.20422830

>>20422270
>(i think, right?)
yeah the MC will come back to where you bought in from.. so yes

>> No.20422833

>>20422742
They will try not to push the price past 4$ as it will become harder to take profits crash the market and buy lower, at 4$ we at already at 30% rebase.

>> No.20422857

How high we going for tonight’s rebase?

>> No.20422867

>>20422833

Market cap bro, $2.40 today is $4 last week

>> No.20422871

>>20422857
6,7%

>> No.20422935

>>20421621
this, these astronomical pumps are not good for ampl

>> No.20422958

Tonight was an easy trade short at 2.40$ buy at 2.01 :). Enjoy the extra 20%

>> No.20423051

>>20422958

Feels good

>> No.20423095

>>20422857
12%

>> No.20423107

>>20422935
>not good for ampl
its good for ampl. its just the hype cycle. its doing what its designed for. its not good for moon bois tho

>> No.20423244

Ample is on its honey money period, chances are if this scales to 2-3b$ we’re going to stabilize around 1$ too bad for late comers, they won’t enjoy the magical rebase we did.

>> No.20423317

>>20423244
What do you mean by late comers?
I bought my first bag a few days ago, am I late comer?

>> No.20423390

I sold 5 mins ago and this fucker seems to go up again. Hopefully it dumps so I can get more

>> No.20423430

>>20423390
>Hopefully
This is a whale game.
Not your game.

>> No.20423458

>>20423317
No we’re still super early on this with only 6200 wallets + uniswap 10% of mcap.
This will blow up to at least 150k+ wallets for next two years.

>> No.20423474

>>20422550
You are wrong about that, read the paragraph in the Red Book. Rebase has no memory of previous days, only of the price in the last 24 hours.

>> No.20423489

>>20423390
Wait 1h before rebase it should drop again.

>> No.20423496

>>20423390
gotta look at the bigger trend. The pool had grown $5 million over the last few days, and you think that is bearish?

>> No.20423518

>>20423474

You know, you're absolutely right, I'm retarded. So that'll put us at about a 12% rebase tonight, right?

>> No.20423530

>>20423496
The opposite when it crashed at 4$ the pool started to empty.

>> No.20423563

>>20423518
6,7%

>> No.20423595

>>20419509
Retard anon here, sorry...

>> No.20423644

>>20423563
what does 6,7 mean for holders? brainlet here.

>> No.20423697

>>20423644
>MuDICKY

Negro identified

anyway it means everyone's going to get their wallet balances increased by 6.7% at 10PM EST

>>20423563
>6.7%

Ah, so whales are going to be incentivized to crash the price further pre-rebase yes

>> No.20423712

>>20423644
If you got 1000ampl at 4am you will get extra 67 ampl.

>> No.20423756

>>20423697
dont you see that the dip is over, whales shaking weak hands. In a few hours you get a free additional 7%, in addition to the ~20% it will gain by then in pump rd 2. And in case you didnt notice, no dumps the past couple days even after rebase.

>> No.20423808

>>20423756
I suspect that whales will fuck with people’s mind by choosing a different timing on everydumps, just look at the historical graphs some days it starts early while others just an hour before rebase. They will make it unpredictable.

>> No.20423827

>>20423808
which is why you hold, and buy more on dips. Dont try to trade it with retard meme lines.

>> No.20423878

>>20423827
Technical analysis still applies. So far i managed to see the signals. But you have to be quick.

>> No.20423999

>>20423756
>that the dip is over

But if I were a whale, I'd have way more incentive to crash the price down 20% and rebuy than to hodl and get a measly 8% rebase

Actually, there's more than enough time to crash the price again, rebuy cheap, and then get the rebase too

>> No.20424665

>>20423999
Many "whales" like that get eaten up by blue whales. Which is what is happening right now. Pumpers vs dumpers. Bulls vs Bears. Thats how the market works. There is no one insidious "whale" orchestrating anything.

>> No.20424706

>>20423999
>implying whales are absolute
>implying the net gain would be 20% in this scenario
>implying you're not hodling for the same reasons

>> No.20424782

>>20424706

Oh, I'm hodling, just did a little mini swing on that dip there and came out 10% ahead but I'm probably done trying to time this thing.

But if it gets up to 2.40 again with a 6% rebase coming, I'm going to assume it's gonna get crashed down to $2 first

>> No.20424790

>>20423999
or could crash the price 20% and then get immediately priced out, like it already happened multiple times, its funny looking at the whales candle sells, most of them, who sold after the $4 crash lost 40% profits, just from today
seems so dumb to sell right now when the mc is low

>> No.20424810

>>20424782
it's nice not to worry sometime.

>> No.20424829

>>20424790
>seems so dumb to sell right now when the mc is low

True.

>> No.20424869

>>20424782
The oracle gets updated 2 times, 1 hour and then again 30 minutes before the rebase. It uses the 24 VWAP (volume weighted average price of last 24 hours).

Tonight it's gonna be atleast 10% and not 6. We've been over $2 for most of the day.

>> No.20424884

>>20424782
Rebase around 13% today

>> No.20424912

>>20424782
probably 1,60~1,70 if some whales cascade sell after rebase, but nothing to worry honestly, buy pressure is insane

>> No.20424918

>>20423756
Why do you think rebase gives you money?

>> No.20424999

Most volume took place above 2$ today

>> No.20425004

>>20424869

Fuck me, you're absolutely right.

>>20424912
>probably 1,60~1,70 if some whales cascade sell after rebase, but nothing to worry honestly, buy pressure is insane

I have a few ether ready to go for when that happens. I guess post-rebase, the must-buy zone becomes anything under 1.95 or so?

>> No.20425007

>>20424918
Because my eth value goes up dumbass

>> No.20425032

>>20424999
>Ampblaster

lel, can't ignore those digits so I'll do whatever you say. Hold and then buy the post-rebase dip?

>> No.20425068
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20425068

>>20425004
Just because tardubians like you think it will crash that low, it wont crash that low.

I will go out on a limb and predict just the opposite of what you fags think will happen - a huge pump after rebase tn.

>> No.20425115

>>20425032
I expect a dip around 2$, i would buy around that price.

>> No.20425153

>>20425068
>the further the price gets from $1, the better!

Do you not remember this weekend? Some whales made a fortune cashing out around $4 and rebuying around $1.50

You should get nervous any time the token price is so far above $1 that a couple days' expected rebases won't make up the difference. It's literally free money to crash the price then

>> No.20425171

>>20425115

That's what I'm gonna do then.

If I lose money on this, I am going to be rude to everyone whose name starts with A for a week.

>> No.20425200

>>20425004
If past history is any indicator, tonight and every night afterwards we'll see the rebase being eaten up until the next crash. Clear uptrend, just hold through the rebase. You're getting more % of the pie buying right before than after even if it pumps by a single cent.

>> No.20425222

>>20425153
Risky. They would have to crash the price more than 30% to be profitable. Rebase at 4$ is 30%. It’s going to be harder for them as mcap gets bitter. They wouldn’t want to push the price beyond 4$ anyway. Imagine a 50-60% rebase... at 5-6$ good luck crashing that low.

>> No.20425235

>>20425222

I literally cannot argue with that name or those digits

>> No.20425241

>>20425007
I'm not a dumbass I hold AMPL for months but rebase doesn't give you anything. The price drops proportionally to the increasing amount in your wallet.

10 apples for $2
Or
20 apples for $1 is the same thing...
Also this is one of the most common misconceptions about this asset and one if the main reason it will keep pumping because idiot believe rebase gives them money but it unequivocally doesn't

>> No.20425254

I think there's a resurgence of anti-neetism because at this point in time banks have not yet learned how to be decentralized, and I think we’re gonna be part of the throes of that transformation, which must take place. Money is not going to be the centralized paper fiat that it once was in the last millenia. Neets are going to be at the center of that. It’s a huge transformation for banks to make. They are now going into a decentralized mode, and neets will be resented because of our leading role. But without that leading role, and without that transformation, the economy will not survive.

>> No.20425464

>>20425200
You're one dumb third worlder, why do you think rebase gives you money what is wrong with you?

Supply goes up by the same percentage the price drops hellooooooo this is the fucking idea of this coin

>> No.20425501

>>20417926
fuck off nergey

>> No.20425524

>>20425235
There’s a good chance we repeat july 9th pattern. 1.85-2$ should be the target. It might pump to 2.40 before. The dumps starts at 10pm EST.

>> No.20425525
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20425525

>>20425241
it gives you money because the post rebase drop in price, which is calculated by uniswap automatically, will be eaten up by buyers.

Obviously, the assumption here is that price will increase based on demand, which I think it will. Market is driven by humans, not uniswap bots.

Are you saying that you've been holding for months, which means you must have compounded your gains thousands of percent, and, you didnt sell already when price hit $4? Wow hahaha

This demonstrate how human behavior is not the same as uniswap algorithms.

Dumbass.

>> No.20425552

>>20425241

I will Take the 20 apples

>> No.20425711

>>20425552
Based, kek

>> No.20425715

>>20425524

Feels really good

>> No.20425737

>>20425552
but there are double as many apples in your world so they have the same worth as 10 in a world where there are only half as many negroid

>>20425525
>eaten up by buyers
yes that's what i've said, because so many retards don't get that only your % of the market cap matters.

the rebase itself is a completely cosmetic function by itself and 60% of /biz/lets don't get that.

and i am swinging this bad boy, have something in the beehive and hold a portion so don't you worry about me. Also I've lied, I only have it for weeks not months

>> No.20425781

>>20425241
what if my buying the rights to $1 apples and the rights multiply with time

>> No.20425830
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20425830

>>20425781
no man you buy a % of the whole apple market and it stays the same for the rest of existance and if apples become more popular you slowly get these rewards carried out to you in form of rebases because the ampleforth team uses supply smoothing

>> No.20425885

>>20425464
No, I was replying to the guy asking wether to buy before or after the rebase you idiot. Read what I wrote again.

If the post-rebase price goes up 1 cent, a 1000$ investment would give you less total % than a 1000$ investment right before.

And in an uptrend, people tend to camp the rebase, so >>20424782 is better off buying right now.

Learn to read, nigger.

>> No.20426030

We are only getting started this phase of crypto bull market. Last cycle, I've seen shit like IOP and Raiblocks pamp like a motherfucker.

There's lots of new blood in the market.I'm getting 2017 vibes. This is only getting started.

>> No.20426071

>>20425830
ok what if im buying a % of apples in an expanding apple market

>> No.20426095

>>20426071
% of the apple production, yes

>> No.20426116

>>20426071
no one gives a fuck about market cap. Mcap is the biggest meme and dont mean shit

>> No.20426169

>>20426116
your id is the color of your skin so your opinion is quickly rejected and discarded niggboi

>> No.20426196

>>20426030
Nano did x160 in 4 weeks.
Ampl could pull a nano. It’s going to be fast.

>> No.20426447

>>20426196
>AMPL to $24b market cap

doubt

>> No.20426550

>>20426447
Keep in mind it already did x12 in 2 weeks, So we’re looking for another x12 in 2 weeks

>> No.20426735

>>20426169
haha nice one faggot, you really got me there

>> No.20426754

>>20426550

Nigger I doubled in age between 1 and 2 years old, but I don't expect that to happen on my next birthday

>> No.20426771

>>20426754
Fucking based

>> No.20426790

>>20426754
BASED. Im going to use that line thanks bud

>> No.20426799

if you can't triforce you don't deserve AMPL
￰ ￰ ￰▲
▲￰ ￰▲

>> No.20426954

>>20426754
If it keeps rebasing at 15-20% daily the next 2 weeks then it’s happening whether you expect it or not.

>> No.20427345

￰ ￰ ￰▲
▲￰ ￰▲