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/biz/ - Business & Finance

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20439731 No.20439731 [Reply] [Original]

After two weeks the only negative thing I can report is that your sleeping schedule will be a total mess if you're a fkin european.
Thanks for showing me the way biz, this project actually has the potential to reach billions while not being dragged around by BTC's volatility rollercoaster. It has been christmas every day so far for me. Thank you.

For new recruits, DYOR. It will strengthen your hodl.

>> No.20439783

Can confirm. already had shit sleep schedule but now it's gone to the point I go to sleep when the sun rises.

Then I wake up when american markets open so I go back to trading. Such is life.

>> No.20440761

>>20439731
I just had my first rebase today
This shit is so fucking kino

>> No.20440854

burger here, ampl fucked my sleep schedule because of how excited i was from all those rebases. now im not sure how to get tax man away from my "dividends"

>> No.20441355

as a fellow europoor no pain no gain

>> No.20441610

>>20439731
gotta say thanks too,you guys rock this is the one...

>> No.20441675

all i gotta say is Pamp and amplforth really giving me great days for my village

>> No.20441781

>>20439731
And by now everyone has realized Robert Leshner is a VC investor. https://robvc.com/
Sitting out must be starting to feel pretty uncomfy.

>> No.20441828

I just bought in @2.80

Should I have waited for a lower MC (assuming it comes) or will that not matter in the long term

>> No.20441966

>>20441828
good
now hold for 1000 rebases and you are incredibly wealthy

>> No.20441987

>>20441828
You are late. But you will make it. It was good to get in when you did, because trying to time this market is suicide. Buy more if there's another correction like July 12-14

>> No.20442449

>>20439731
>not being dragged around by BTC's volatility rollercoaster

Look what happened to AMPL when BTC nosedived on 12th March. That was when it had zero interest/volume. Next time Bitcoin makes a move, this thing is gonna tank hard.

>> No.20442736

>>20442449
Oppisite will happen. Its designed to not give a single fuck about bitcoin. The only thing that affects it is its marketcap and guess where people will start going to when bitcoin is volatile? it wont be thether anymore.

>> No.20442923

Guys, help me out with this thing.

I understand AMPLs are rebased on price everyday. What I don't get is what's the usefulness of it.

Why would it matter if I have 1 AMPL at $2 or 2 AMPL at $1? It's the same amount of product if you measure it in USD or BTC so why should anyone care?

I like the project so far but I'm having trouble wrapping my head about why would it become a billions market cap coin.

>> No.20442997

>>20442736
It's designed to but it didn't work in the past and it won't work in the future. Simple economics it still needs new money to pump

The ceo should stop shilling and go back to making pizzas

>> No.20443062

>>20442923
As of right now it's a speculative asset finding it's supply and marketcap by discovery of demand.

In the later stages (10B+?) it would take so much money to move it from 1 to 1.10 for example, that the protocol would increase it's supply because there is a lot of demand for it. It's not pegged to anything. That's why the plan is a 'stablecoin' in the future, because no rebase happens between 0.96 and 1.06.

If you're wondering how to profit from it, 1000 AMPL that you pay 4k USD now could very well be 100.000k AMPL at 1$ in the billions of mcap, so there's that. Anything can still happen though.

>> No.20443385

I've just added 1Eth & 83 AMPL to the Geyser - it's showing my balance as 0.00009 uwethampl-v2

Is that right??

>> No.20443475

>>20439731
fuck off I've been fighting off the FUD for WEEKS now to the point that I used to fake disconnects at my work hourly, to be able to type out 200 word responses to literal Pajeets calling it a ponzi

>> No.20443506

>>20443385
Anyone?

>> No.20443529

>>20443506
Yes that's your pool share and it's normal since the pool is in the upper 17M.

>> No.20443577

>>20442923
>>20443062
as this anon pointed out, the usefulness of it is that it goes up in price. the price is sustained by an unlimited number of new buyers and then it will level off in the billions when thousands of holders are content to keep their money in something that no longer appreciates. makes perfect sense, right?

>> No.20443596

>>20443385
Now Put IT in the beehive. Youll find IT via the ampleforth site. And Check With zapper.fi

>> No.20443601

>>20443529
Okay thanks, just didn't look right

>> No.20443638

>>20443596
Oh shit, I thought they pretty much done the same thing

>> No.20443706

>>20443638
Put in pool. Check
Then Connect to beehive. Check?

>> No.20443776

>>20443475
I don't know if it was you but thanks to an anon who mentioned this project I managed to earn more than my monthly salary in the last ~2 weeks with a very small investment (regret not investing more). So thank you for your efforts.

>>20443062
Thanks
>>20443577
Why would people be content in putting money into something that no longer appreciates? Are you being sarcastic?

>> No.20443799

>>20439731
Why? I sleep easy at night knowing I'll wake up to more AMPL

>> No.20443814

>>20443577
Because that's how it always goes? Early investors take profit, the completed product (high B marketcap, stable price) will be its usecase and no longer used for profit. Are you that dumb?

You won't invest in AMPL at 10B to make profit out of it, but for collaterals, lends, or something unrelated to crypto swings. That's the big plan down the road. Just like you tether today.

>> No.20443825

>>20443706
Can't seen a beehive option on Ampleforth.org/dapps
Only Geyser

>> No.20443954

>>20443814
my question is are we still early if we buy in todday?

>> No.20443960

>>20443825
https://www.ampleforth.org/dashboard/

Stake. Beehive

>> No.20444001

>>20443954
Idk I think so?

>> No.20444023

>>20443954
mcap is slightly lower than 200M atm. after having done your own research, do you see ampl being used in crypto? will it get the traction needed to overcrown shitcoins and stablecoins in its 3rd phase? will it be integrated into defi platforms?

If the answer is yes to those, and you believe this deserves a higher mcap because of demand, you're early. For sure there's still gains (and losses) to be made.

>> No.20444937

>>20444023
Why is this not on kraken

>> No.20445031
File: 134 KB, 900x506, aa.jpg [View same] [iqdb] [saucenao] [google]
20445031

>>20439731

>> No.20445105

>>20440761
You keep chasing the dragon after that first time.

>> No.20445119
File: 93 KB, 833x876, AMPLl.jpg [View same] [iqdb] [saucenao] [google]
20445119

>>20444937
kraken maybe, but never binance.Binance kills coins

>> No.20445163

>>20444937
Because to create the initial liquidity necessary within an exchange requires the exchange to purchase alot of said token either on the open market or from the development team itself. The tokens owned by the team, the project, and the VC are all frozen atm, so there's not a particularly great way to obtain the necessary liquidity. Additionally, the team is actively shilling the uniswap hodl strategy.

>> No.20445420

>>20444937
Probably because exchanges need to actually implement the protocol. I know that Kucoin and bitfinex give you the rebase but there's another exchange where you can trade AMPL but get no rebase whatsoever, so that's a reason why maybe?

>> No.20445534

>>20443799
Being a poofag having hundreds of amples delivered to your wallet every day is just mental.
And i am looking at a price of 1USD per ampl here.

WTF just today alone I got 800 extra dolllars or amples or whatever you wanna call it. The price being actually higher is just a superficial extra.
It would have to stay at 0 usd for multiple days to get back to my initial amount. This is truely magnificant.

>> No.20446119

Whats the best place to buy this? KuCoin? or will the chinese steal my rebases?

>> No.20446238

>>20446119
uniswap

>> No.20446279

>>20439731
FUCKING SCCCAAAAAAAAAAAAAAAAMMMMMMMMMMMM POOONNNZZIIIIIIII

>> No.20446300

>>20446119

Yes, Uniswap, fuck cex’s

>> No.20446310

>>20440854
they are not airdrops or dividends since it is coded into the protocol. i think USD value is what you should go for. and fucking attach the white paper to your taxes kek

>> No.20446323

>>20446279
Where have you been anon, usually you are screeching earlier than this. Did you just get off from the call center?

>> No.20446343

>>20442449
low liquidity

>> No.20446412

>>20446323
sorry i was busy fucking your mum

>> No.20446434

>>20446412
And now you have aids. Congrats, does your Mumbai insurance cover that?

>> No.20446532

What can i learn from the ample dashboard? I just see a bunch of numbers. Is the rebase percentage somewhere?

>> No.20446571
File: 136 KB, 369x336, kek.png [View same] [iqdb] [saucenao] [google]
20446571

>>20446323
good one kek

>> No.20446775

>>20446532
Rebase % is not known until 9:30pm EST. Take protocol price % difference from $1 and divide by 10.

>> No.20447019

SELL NOW GET OUT

>> No.20447038

>>20447019
Okay....why?

>> No.20447074

>>20447019
I mean I welcome good fud, it makes for a stronger community. Are you even trying?
Also you are obviously this anon >>20446279

>> No.20447287

I have 0.0015 of the supply.
Give it to me straight, anons - have I missed the boat?

>> No.20447306

if you got scammed with AMPL
there's a chance to make your money back

READ
>>20444156
>>20444156

>> No.20447386
File: 34 KB, 300x227, 6066F733-92E9-4F2D-B34D-397048ECF0C9.jpg [View same] [iqdb] [saucenao] [google]
20447386

This is unironically gonna make me a millionaire in 2-3 months at this rate, I honestly can’t believe it. It can’t be this easy bros...

>> No.20447623

>>20447287
.001 is perfectly admirable anon, that puts you in the top 1000 wallets out of over 6000 people.
You missed the early gains, but we will more than likely be having positive rebases for a while.

>> No.20447698
File: 36 KB, 292x916, Annotation 2020-07-17 134719.png [View same] [iqdb] [saucenao] [google]
20447698

>>20446532
Oracle Price Rebase %
1.5 4.866204163
1.6 5.85728444
1.7 6.848364718
1.8 7.839444995
1.9 8.830525273
2 9.82160555
2.1 10.81268583
2.2 11.80376611
2.3 12.79484638
2.4 13.78592666
2.5 14.77700694
2.6 15.76808722
2.7 16.75916749
2.8 17.75024777
2.9 18.74132805
3 19.73240833
3.1 20.7234886
3.2 21.71456888
3.3 22.70564916
3.4 23.69672944
3.5 24.68780971
3.6 25.67888999
3.7 26.66997027
3.8 27.66105055
3.9 28.65213082
4 29.6432111


Calculated by
(((OraclePrice-1.009)/1.009)*100)/10 = Rebase %

>> No.20447796

>>20447386
Yes it is remember we are only 6500 people aware of this shit. + 17M$ in uniswap so about 10% more people
Every one of those are going to be a millionaire so fast. You have to believe it.
In fact when you wake up every morning i want you to say those words

>> No.20447826

>>20447698
Rebase is merely a cosmetic function, doesn't add any value to your wallet.

1 coin that costs $1.2 is the same as
1.2 cois that cost $1

please understand that /biz/! the only money comes from the market cap growing and you owning a certain percentage of the market

>> No.20447884
File: 150 KB, 784x1210, file.png [View same] [iqdb] [saucenao] [google]
20447884

we are going down aren't we

>> No.20448087

>>20447884
Meh, keeping it closer to $2 is ideal for consistent rebase without people panic selling when the see the dollar value drop.

>> No.20448194

>>20446434
actually yes.

>> No.20448578

>>20448194
Oh well... t-that's good, because you got it.

>> No.20449127

Ive literally made 43k off of a 3k investment in the last month. Ampl is something special and it more in the tank.

>> No.20449303

my wife is leaving me because i trade ampl all day

>> No.20449460

>>20447884
Guess not kek

>> No.20449630

>>20449303
lucky bastard

>> No.20449723

>>20447826
Yes, but what drives up the market cap is the influx of new buyers. Rebase just feels like free money, easy to shill

>> No.20449753

>>20449127
Damn wish I was this early

>> No.20449799

>>20449127
when did you buy in?

>> No.20449856

>>20449303
>lose a fat liability that depreciates faster with every passing year
>gain amples

Now there's compounding returns

>> No.20450072

wheres that copy pasta with % holdings of market cap?

>> No.20450385

>>20449630
lmfao