The AMPL Redpill

[Anonymous No.20498950]

>When your value isn't derived from BTC and you have trillions of dollars in marketcap, and are still getting positive rebases
>He doesn't know
When will biz know? A year from now? Five years from now? I guess I'll just get rich by myself then.

[Anonymous No.20498993]

im going to make it

[Anonymous No.20499020]

i took the ampill and never looked back. best decision i ever made

[Anonymous No.20499031]

>>20498950
80% of /biz/ doesn't DYOR. Take a 30min read and you know this is the next big thing.

It's rank 44 in 3 weeks, it started at rank 255. Not even a single announcement. But when that happens (like it will be trade-able on binance and coinbase) then boomers come in.

[Ampblaster No.20499119]

They called it a SCAM

[Ampblaster No.20499162]

>>20499031
Ample is taking over the 2nd place after BTC EOY

[Anonymous No.20499214]

>>20499119
People are retarded, just trolls holding AMPL already or missed the boat

>>20499162
Based

[Anonymous No.20499220]

>>20499119
We have been trying to tell biz// for weeks...
It is still extremely early...

I searched you tube and the AMPL vids are almost non existent (there are a few).

None of the huge influencers on YT have mentioned AMPL.

SOOOOOOO early...

[Anonymous No.20499242]

>tfw making hundreds a day instead of thousands
Should I sell my shitcoins and FOMO?

[Anonymous No.20499263]

>>20499242
Only invest what you can afford to loose; DYOR... this is not financial advice...
But YES!!!

[Ampblaster No.20499282]

Those who missed railblocks and antshares this is your turn to make it.

[Anonymous No.20499299]

>>20499263
Over the last month... My portfolio has changed 100%
I held 9 coins before ampl was at 20mm.

I now hold 4 and none of them were of the 9 I had before...

[Ampblaster No.20499327]

At this rate we’re going to add 1k wallets a day in 3-4 months we overtake tether.

[Anonymous No.20499331]

>>20499220
It's now at reddit, next will be at the socialfags like twitter, next announcements like coinbase and binance

>rank 2 EOY

[Anonymous No.20499333]

The problem is that rebases are now inflating market cap more than daily volume. for example todays rebase will inflate by 70m, while only 15m has been traded in last 24h. of that 15m perhaps 3m is net buy. so you get 70m market cap expansion on only 3m net buy volume. rinse and repeat. this is not real value frens.

[Anonymous No.20499364]

>>20499333
It's goal is to go to 1$

[Anonymous No.20499388]

>>20499119
facebook will use AMPL. screencap this

[Ampblaster No.20499436]

>>20499333
High IQ detected. I was the first to outline that problem. The thing is if everyone starts to cashouts, it will crash in an epic way. We really need new buyers to come and daily volume to spike at least 15% mcap

[Anonymous No.20499460]

>>20499333
If people were to stay in and MC didnt change...
As the watter settled... YOu would have the same $ value of AMPL spread across an increased # of AMPL.
Like water finding its equilibrium...

Try to see what a "liquid" asset looks like in your minds Eye...

This might help in understanding.

[Anonymous No.20499486]

>>20499333
We are seeing some crazy runaway growth in mcap rn, and rebase isn't effectively pushing the price down.

[Anonymous No.20499491]

>>20499333
its volume is 8,955,272 on uniswap. can you fake volume on uni?

[Anonymous No.20499570]

>>20499333
>this is not real value frens.
also. YES you are correct BCUZ its in MC discovery. AMPL+high liquidity is a fairly new and will be volatile. AMPL is base-money - it doesnt really have value outside itself. Fiat has value because of fiat (supply/demand) - gold has value the same way (supply and demand) AMPL is the same (supply and demand) - BUT it is designed to go to $1 and theoretically doesnt have infaltion/deflation (in terms of $$ price)

[Anonymous No.20499609]

>>20499333
>>20499436
So what you are describing is inflation right? Ample needs to inflate untill $1 is reached.

[Anonymous No.20499629]

>>20499436
>it will crash in an epic way.
i think this can happen to. since its so volatile but honestly that will just give me more confidence in the tech. If over-long term the MC is higher than where i bought in - Ill be good. if it completely fails - that sucks but im sure there will be another iteration of it but better

[Anonymous No.20499635]

the point is that the market cap "added" from rebases far exceeds total traded volume. under ordinary circumstances, if you have 15m volume, 8m buys and 7m sells market cap goes up 1m. with ampl, it goes up 1m + 30% of current MC. ampl is synthesizing market cap via rebases with relatively small amounts of new money coming. for every 1 unit of new investment, something like 5 to 10 units of synthetic market cap are added on at current conditions. clever isn't it?

[Anonymous No.20499642]

Do i have to manually update my MetaMask to see my new balance after a rebalance? pls help /biz

[Anonymous No.20499650]

>>20499609
yes, that is the intended purpose of the rebases, but continuous demand is outstripping it for the time being.

[Anonymous No.20499825]

>>20499333
>he thinks the rebase inflates the market cap

You are actually exactly as wrong as it's possible to be

[Anonymous No.20499859]

>>20498950
I believe in continuous growth. It WILL continue growing for many years and we early wallets will reap the benefits.

>>20499642
Just a refresh will do.

[Anonymous No.20499880]

>>20499263
I'll increase substantially, but no fomo yet. Thanks man

[Anonymous No.20499896]

The market will eventually discover that there aren’t nearly enough buyers to cover all this inflation. I’d be selling my rebase every day at this point

[Anonymous No.20499903]

>>20499859
thanks m8, is there a way to see the new balance on some public record (etherscan/ethplorer) somewhere without a refresh?

[Anonymous No.20499951]

>>20499635
man... i get what your saying but still having a hard time connecting in my head.
maybe its doing that in THIS price discovery mode??? Maybe when it gets closer to equilibrium - the numbers will be different?
>>20499825
rebase=more supply=more MC??
but it does (supposed to) adjust right after rebase

[Anonymous No.20500002]

>>20499825
Nope. This is precisely what happens. Are you the retard that argued yesterday that at the moment of a positive rebase the price is automatically adjusted downwards? Because that doesn't happen when nobody is selling.

[Anonymous No.20500062]

>>20499333
How much AMPL are you holding?

[Anonymous No.20500176]

[Anonymous No.20500236]

>>20499951
>rebase=more supply=more MC??
>but it does (supposed to) adjust right after rebase

Rebase devalues all tokens by a given rate, while increasing the supply in every wallet by the same amount. The marketcap stays constant. On some trackers it looks like the marketcap spikes, but that's just because the supply increase is noted before the corresponding drop in token value evens it out.

>>20500002
>Nope. This is precisely what happens. Are you the retard that argued yesterday that at the moment of a positive rebase the price is automatically adjusted downwards? Because that doesn't happen when nobody is selling.

Please be trolling.

>supply of 50m tokens @ $2.00 = $100m market cap
>15% rebase
>supply of 57.5m tokens @ 1.73 = $100m market cap

Now, there's usually constant buying that keeps the mcap increasing, but the actual rebase is mcap agnostic. That's the whole point of the coin.

[Anonymous No.20500250]

>>20499333
this post is so fucking retarded it's mind boggling

[Anonymous No.20500350]

>>20500236
>supply of 50m tokens @ $2.00 = $100m market cap
>15% rebase
>supply of 57.5m tokens @ 1.73 = $100m market cap

The price doesn't magically decrease unless people sell, which would be reflected in daily volume

[Anonymous No.20500454]

>>20500250
please explain to me anon... im trying to understand that post but having a hard time.

[Anonymous No.20500469]

>>20500250
ampl is a retard filter, its amazing, ive never seen a coin expose so many brainlets

[Anonymous No.20500492]

>>20500350
>The price doesn't magically decrease unless people sell, which would be reflected in daily volume
i think your point was that "rebase inflates the MC"
in your own statement you are saying "traders inflate the MC" the rebase does nothing but distribute MC to all holders ... its the traders that keep buying which "inflates" the MC

[Anonymous No.20500522]

>>20500492
in another words - demand increases MC

[Anonymous No.20500546]

>>20500454
it's literal gibberish. there's nothing to understand from that post. rebases are calculated on the price and how far the price is over $1.05. the circulating supply it then changed to try and push the price back down to $1 by inflating the supply (so people get more AMPL when price is over $1.05, or people get less AMPL when price is below $.95 to push price back to $1). it has nothing to do with trading volume.

[Anonymous No.20500631]

>>20500492
No, when the rebase happens the circulating supply increases. If no one sells, this immediately inflates the mcap. As I explained, the price doesn't magically go down when rebase happens.

[Anonymous No.20500641]

>>20500350
>The price doesn't magically decrease unless people sell, which would be reflected in daily volume

Yes, it does, because the mcap stays constant and the supply increases, thus decreasing the price of each individual token. Just because coingecko doesn't update the price instantly on your iPad doesn't mean it hasn't happened.

Otherwise, you're left with the notion that obscure mathematical magic is just going to add $30 million to the market cap in 1 second without anyone investing any money. I should do that to my bank account!

[Anonymous No.20500658]

>>20500350

the price is a reflection of the market cap. please learn what a market cap is, and basic trading

[Anonymous No.20500666]

>>20499333
>people still don’t get it

We’re so early bros. COMFY

[Anonymous No.20500685]

>>20500641
I don't care about the price on coingecko, the price on uniswap doesn't change after rebase until people start selling, there's really nothing to discuss here. Mcap = circ. supply * price, not sure what the confusion is

[Anonymous No.20500691]

head and shoulders, pull out, thank me later swingies

[Anonymous No.20500706]

>>20500631

yes... it does. it's adjusted on uniswap, other trading pairs follow. look at the chart every night at 10pm. Do you hold AMPL or are you still trying to wrap your head around it? No shame if you don't, there is a learning curve

[Anonymous No.20500712]

>>20500546
im a brainlet
- is that other anon trying to say - that it requires less volume to move the price of AMPL than normal coins - The % for rebase that the protocol calculates is more than it should be (is disproportionate) and therefore the value MC is being inflated by the protocol.
I guess to get to the bottom of it, you will have to figure out the math for the rebse and how all that shit works. which i cannot do. maybe another anon might

[Anonymous No.20500713]

>>20500631

Holy fuck I hope you're not spending serious money because you don't understand the basic concepts involved here

Do you know what inflation is?

>>20500666
>>20499333

HE IS HERE

>>20500685
>I don't care about the price on coingecko, the price on uniswap doesn't change after rebase until people start selling, there's really nothing to discuss here. Mcap = circ. supply * price, not sure what the confusion is

oh my god lol

[Anonymous No.20500720]

>>20500685
it changes instantaneously on uniswap because that's just how it works lol read the uniswap wiki dummie

[Anonymous No.20500726]

This is an eth token. When eth implodes this will leave with it

[Anonymous No.20500740]

>>20500631
>If no one sells
exactly - it is dependent on market-actors, not the rebase itself. - its kinda semantics but its an important distinction

[Anonymous No.20500746]

I guess I'll check tonight on uniswap see if I'm crazy or if price indeed stays the same until people start selling

[Anonymous No.20500799]

$1 EOY

[Anonymous No.20500800]

>>20498950
I'm going to take the risk that this is just shitcoin of the month and NOT buy, thank you very much

[Anonymous No.20500848]

>>20500641
This is completely untrue unless they've redesigned the protocol since it launched a year ago. The only thing that affects the price of the token is buy/sell dynamics, the price per token is definitely not adjusted via the rebase

>obscure mathematical magic is just going to add $30 million to the market cap in 1 second without anyone investing any money.

this is exactly what is happening, and it isn't obscure at all. this is why the market cap has gone completely vertical, and is also why it is going to crash so, so hard.

[Anonymous No.20500868]

Would you guys please answer some of my questions? I made this dank meme and everything.

>>20500457

[Anonymous No.20500937]

>>20500800

it's your money bub

[Anonymous No.20500995]

>>20500746

I think where you're getting confused is lagging indicators vs reality -- Uniswap calculates its estimate based on the buy/sell prices happening through its pool, though. If the coin's trading at $3 and then spikes down to $2.70 in a second, the indicator will take a while to catch up.

>>20500848
>this is exactly what is happening, and it isn't obscure at all. this is why the market cap has gone completely vertical, and is also why it is going to crash so, so hard.

It's exactly not, and mathematically impossible. I can't believe I have to explain this, months into this project:

The market cap is increasing because people are buying in, ie funds are flowing into the supply. The token is a representation of a percentage of the supply. As more money flows in, the token's value increases, and if an individual token's value is above $1.00, the rebase devalues the token (while increasing all wallet balances by the same percentage so no value is lost).

You can't just wave a magic wand and add $30 million to the value of the project. If you think that's what's happening because CG and CMC etc's price for the token doesn't immediately drop with the rebase, you probably should invest in other things.

[Anonymous No.20501007]

>>20500712
the other poster is a retard. the market cap isn't being inflated. the market cap is simply circulating supply * price. so right now, ~95mil coins * $2.88 = $270million

[Anonymous No.20501052]

>>20500848
my god, how retard can you be, seriously, how the fuck, I am perplexed
I think the other anon have to make a 5 year old drawing so you can understand better?
wtf are you doing in this board

[Anonymous No.20501128]

>>20500995
I guess I completely misunderstood the protocol then, I thought the whole point of the increase in supply was to increase sell pressure to force the market to bring back the price to 1$ (e.g. if the price was 10$ but the rebase distributed 1M AMPL to every holder then surely a lot of people would be incentivized to sell, bringing the price down)

[Anonymous No.20501171]

>>20500848
It has nothing to do with how ampleforth itself works, but how uniswap works and the fact that the majority of trade volume and liquidity is on uniswap

[Anonymous No.20501222]

>>20501128

Nope, it's just straight up inflation, but one that simultaneously compensates all wallets for the exact percentage of value lost, creating this insane time-leveraged situation where the earlier you buy, the more percentage of the total cap you'll end up with

[Anonymous No.20501255]

>>20501128
I think what you talking about is covered here: ampltalk.org/app/forum/ampl-geyser-19/topic/understanding-the-ampl-uniswap-42/

>When a rebase occurs, it creates an arbitrage opportunity between on/off chain exchanges as the price on Uniswap can be taken advantage of directly while on a CEX it has to be traded through the orderbook.

>In other words, now 1 AMPL is worth $0.5 in Uniswap while not having changed in price in the CEX. At this point, arbitrageurs have the opportunity to buy them at <$1 on uniswap (depositing ETH) and sell them on the CEX at >$1 which may bring the price on both exchanges back to $1.

[Anonymous No.20501317]

>>20500800
a shitcoin that co-founder of coinbase invested 4.8m
seethe more faggot

[Anonymous No.20501357]

Just bought 1000. Am I gonna make it or it's too late?

[Anonymous No.20501526]

>>20501357
thats gonna be 100K ampl soon

[Anonymous No.20501642]

>When your value isn't derived from BTC
Instead it's derived from the US dollar
Wow the future is here

[Anonymous No.20501692]

>>20501357

Hows $1 EOY sound

[Anonymous No.20501744]

>>20501357
How does $1000 trillion dollars sound?

[Anonymous No.20501770]

>>20501642
no you dimwit. its derieved from the supply/demand, hype/fud cycles and the profit seekers WITHIN THE FUCKING AMPL MARKET YOU FUCKING LOW IQ PIECE OF SHITS YOU TURD BRAIN IDIOTS I HAVE FUCKING HAD IT WITH YOUR IDIOCY.

its PEGGED to USD (so it drifts towards that peg) based on the FUCKING MARKET INCENTIVES YOU LITERAL SHIT

[Anonymous No.20501945]

>>20501770
WITHIN THE AMPLE MARKET
WITHIN
WITHIN
WITHIN

[Anonymous No.20502157]

>>20499031
clears throat...

Rank 41... about to overtake... XRZ and ALGO

[Anonymous No.20502186]

ampleforth is basically all those cloud mining scams i invested my bitcoin in in 2017, except i've actually made a profit. Sell your rebases every day men; there be guys on twitter with $1M ample holdings waiting for enough buy volume to cash out. But they won't sell if we don't give them enough buy volume. Sell strong.

[Anonymous No.20502194]

>>20498950
Why is the logo an upside down V?

[Anonymous No.20502274]

>>20501770
But in the end the coin is reliant on the USD and the Bureau of Economic Analysis where it gets the CPI from. When the USD ceases to exists so will your AMPL. That's what I meant.

[Anonymous No.20502289]

>>20500746
I could be wrong... but am thinking.
If any AMPLchads can let me know if my thinking is correct...

I think that straigh AMPL are rebased nightly...
If you are in the Geyser.. You get Rebased 1 time a week based on a weekly average...

This might not be correct...
Can anyone confirm this?

[Anonymous No.20502333]

>>20502274
It's pegged to 2019 USD, not the current value of the USD, so the peg is not inflationary and could be replaced with something equivalent in the event that the US becomes defunct. RSR is similar, it's pegged to USD now but the protocol could choose a different peg in the future.

[Anonymous No.20502389]

>>20502333
RSV... Not -RSR- is pegged to USD

[Anonymous No.20502462]

https://reserve.org/

connect your Meta wallet...
The RSV system is already in place...
Crypto for dollars.

[Anonymous No.20502592]

>>20502194
>>20500868

[Anonymous No.20502856]

>>20502462
ETHerscan...
RSV contract
0x1c5857e110cd8411054660f60b5de6a6958cfae2

[Anonymous No.20502904]

>>20498993
fpbp

[Anonymous No.20503093]

>>20500726
Where is ETH going? $25 billion dollars is just going to vanish? You pajeet