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File: 6 KB, 400x400, Ampleforth.jpg [View same] [iqdb] [saucenao] [google]
20522677 No.20522677 [Reply] [Original]

I really love AMPL, I got a crazy amount of money from it in the last few days, but the community is full of brainless idiots.
Let me explain, I was reading the redbook that the fucking Ampleforth devs wrote. There's a section that talks about trading, specifically "fast trading". Basically it tells you to sell immediately after the rebase but before the price drops - which is hard because the time window is really small, but it's feasible by using bots. This strategy brings in HUGE gains, you effectively gain 15-20% more AMPLs without being affected by the price dip.
Obviously this strategy cannot be applied on decentralized exchanges like uniswap because the price changes immediately after the rebase, so I started looking around at centralized exchanges that list AMPL, which are Bitfinex, kuCoin and Hoo. Both bitfinex and kucoin pause AMPL trading during rebases to prevent people from using this strategy, I don't know about Hoo tho.
I joined Ampleforth's telegram group to ask where this strategy can be applied. They started saying "YOUIUUU SHOUDLN'T TRY TYO OUSTMART AMPLEFOIRTH BECAUSE NO ONE CAN THE DEVELOPERS DIDN'T WANT YOU TO SWING IT JUST HOLD ITT" like fucking brainless apes. Dude. The devs literally wrote this strategy in the redbook, it increases gains by a tremendous amount, WTF IS WRONG WITH PEOPLE.

Btw do you know if you can apply this strategy on hoo? I wanna be rich

>> No.20522731

To be fair, you have to have a very high IQ to understand Ampleforth. The tokenomics are extremely subtle, and without a solid grasp of basic mathematics most of the mechanisms will go over a typical investor's head. There's also AMPL's rebase, which is deftly woven into it's elasticity- it's price fluctuation draws heavily from fleecing idiots, for instance. The fans understand this stuff; they have the intellectual capacity to truly appreciate the depths of these mechanics, to realize that it's not a ponzi- it says something deep about economics. As a consequence people who dislike AMPL truly ARE idiots- of course they wouldn't appreciate, for instance, the impermanent loss in AMPL's Geyser, which itself is a crypto reference to uniswap liquidity pools. I'm smirking right now just imagining one of those addlepated simpletons scratching their heads in confusion as Nithin Krishna's genius wit unfolds itself on their computer monitor. What fools.. how I pity them.
And yes, by the way, I DO have an Ampleforth tattoo. And no, you cannot see it. It's for the ladies' eyes only- and even then they have to demonstrate that their portfolio is within 10% worth of my own (preferably lower) beforehand.

>> No.20522761

>>20522677
bump this thread. I am interested in this to

>> No.20523008

>>20522731
Nice copypasta man

>>20522761
The price on centralized exchanges drops around 2 minutes after the rebase, so it should be relatively easy to setup a bot that makes a sell market order as soon as the AMPLs get in your wallet. Unfortunately tho both kucoin and bitfinex block trading during rebases for about half an hour, someone should try to find out if hoo does the same.