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/biz/ - Business & Finance

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20556020 No.20556020 [Reply] [Original]

i'm all in

>> No.20556137
File: 40 KB, 730x574, 1595287610815.jpg [View same] [iqdb] [saucenao] [google]
20556137

>>20556020

>> No.20556228

late but still at least a 3x minimum from here imo

>> No.20556284

>>20556228
1 billion dollar marketcap is gonna be resistance I can feel it, but if it busts through, theres no telling what might happen

>> No.20556376

>>20556020
why the price is above 1 dollar? are "they" doing it just to get more rebases? we all know its going down to 1 eventually and those rebases are worth less and less and coming in smaller numbers unitll it flatlines forever. you are going to get dumbed so hard

>> No.20556460

>>20556376
honest question, are you fudding or just flat out retarded? because if you're fudding imagine it having any kind of impact on this board where people play with $100 where casual buys in AMPL range from 15 to 40k kek

>> No.20556487

>>20556376
Its cutting into the stablecoin marketcap and into the general altcoin marketcap, bears and bulls are both using it right now, which makes it the perfect investment. Bears use it as a way to preserve their value while avoiding slippage when buying DAI, and bulls use it to bet that more bears will come and use it.

>> No.20556556

>>20556460
>cant answer and gets angry about it

>> No.20556678

>>20556556
It's above 1 dollar because it's not a pegged stablecoin. It means there is more demand than supply, and so the protocol is adapting.

The late adopters will use it as a stablecoin of sorts (0.96 - 1.06 produces no rebase) when it's marketcap is in the billions. Early adopters who gamble on it if it reaches that stage will be rich.

That's it. You don't play this on price, but supply. Buy 1000 AMPL today and at a 4% positive rebase rate (1.4$) for 60 days you now have over 80k AMPL. You really care if you bought at 3 and it's 1$ when you have 80x the number of tokens?

>> No.20556742

>>20556678
Best explanation yet. Screenshotting for future use. And with the rebase percentages we’ve been having we’re gonna be fucking loaded

>> No.20556782

>>20556678
>at a 4% positive rebase rate
You'd have 10,000 AMPL in 60 days, not 80,000.
1.04^60 = 10

>> No.20556847

>>20556678
but this is exaclty what i wrote before. you are just missing the next step. its the dump which u have no idea when is going to happen. Then you are holding essentially worthless shit which is going to get negative rebase every day which creates even more sell pressure etc. it works both ways. at this point you are just gambling since there is no "need" for not pegged stablecoin except pump and dump. no use case expect speculation for "being rich"

>> No.20556856

>>20556782
I butchered the math up. Sorry

>> No.20556864

>>20556742
HA. You'll need this where you are going.
>YOU CARROT SUCKING DIMPLE HEADED PIECE OF A TURD ... ITS SUPPOSED TO DO THAT ONCE IT REACHES FUCKING EQUILIBRIUM - IM FUCKING DONE MAN. DONT BUY I DONT GIVE A SHIT. GODDAMN

>> No.20556892
File: 75 KB, 512x512, CAP KING.png [View same] [iqdb] [saucenao] [google]
20556892

>>20556020
tfw put all my AMPL profits info CAP as it has a lot more upside potential right now

why? every known DEFI dumbass is accumulating it and we can get in before they start shilling it

proof:
>>20554954

>>20554954

>> No.20556902

>>20556864
What? Wtf are you even trying to say?

>> No.20556903

>>20556376
Here I'll answer it for you. It's really fucking simple so I'll lay it out clearly:

BECAUSE IT'S NOT A FUCKING STABLECOIN

A "price target" of $1 does not mean one AMPL has to be $1. It can be closer to $3 like it is now, or it could be below one dollar. It has elastic supply and will adjust to supply and demand. If demand goes down enough and enough people sell, the supply adjusts and goes down (when it's below a dollar), and if demand is high enough and people keep buying it, the supply adjusts and goes up (if the price remains above a dollar). It's not much more complicated than that. The price could remain high enough that there could continue to be over 5% rebases for a year or more, as long as there is enough demand. Even the team doesn't think it will stabilize to a dollar for years.

>> No.20556904
File: 197 KB, 420x420, FKCVFDt.png [View same] [iqdb] [saucenao] [google]
20556904

>>20556847
>Free money is just a brainlet way of phrasing value dilution via supply expansion. Anon is right that if new wallets were not buying, and the market cap stopped growing, the rebase would have the desired effect of pulling AMPL closer to target price, so past a certain point it wouldn’t be a value add but a value dilution rather. Consider that as long as it stays trading at well above target price, those who hold receive a positive rebase. Essentially we are are being funnelled the value lost by day traders and anyone cashing out at a loss who keeps the price afloat in this range. So theoretically the MC could stay the same for two weeks and hodlers would continue to collect positive rebases, while trading keeps the price the same. At the end of the day it’s losing traders who supply the value of the rebase in that scenario.

>> No.20556918

>>20556847
that is indeed a possibility, and all of crypto is a gamble anyways. it could also very well go the other way around and once it's stable and found it's mcap will be used as collateral in DeFi platforms. Neither of us has a crystal ball, so your point?

You are being 100% sure there will be a dump, and that's just an assumption like I say there will not be one.

>> No.20556922

>>20556847
>since there is no "need" for not pegged stablecoin
I do see the value in this if it does succeed though. Just like Bitcoin it's an algorithm you can trust to work the way it says it will. And scales supply to meet demand.

>> No.20556928

>>20556847
>muh maple twitter fag catastrophic failure argument that doesn't take into account negative rebase is capped at 10%

>> No.20556938

>>20556487
this makes no sense whatsoever

>> No.20556940
File: 69 KB, 1341x569, 115691692_2632764546940154_5709865944643829935_n.jpg [View same] [iqdb] [saucenao] [google]
20556940

>>20556847
the dump happened yesterday brainlet did you not look at the chart

>> No.20556945

How much do you guys make daily from rebases?

>> No.20556962

>>20556856
It's all good. Admitting you were wrong is rarely something you see on /biz/.

>> No.20556967

>>20556902
Sorry. I was saying you would need that text after the person disagreed with the previous explanation you screen captured. Some anon wrote it a couple days ago.

>> No.20557058

>>20556945
I unironically made around $8k from last night’s rebase

>> No.20557065

>>20556903
1.05^365 = 400,000
It won't 400,000x from here no matter what. The price will eventually go down.
In the long term it is a stablecoin.

>> No.20557097

>>20557058
This is mind blowing, but I'm scared

>> No.20557107

>>20557065
you aint seen nothing yet

>> No.20557114

>>20556904
>So theoretically the MC could stay the same for two weeks and hodlers would continue to collect positive rebases, while trading keeps the price the same
This. If price goes down linearly with rebases, you have about the same USD value anyway. A huge dump would be a disaster but who knows if it can happen.

>> No.20557140

>>20556945
I make around $300 daily since I’m an amplet

>> No.20557146

>>20557058
How much do you hold?

>> No.20557227

>>20557065
Yeah 1 year is probably unlikely, because every time the mcap rises it takes more and more buying to move it. Considering the team confirmed after Pilot and Beehive end there will be more liquidity incentives programs, it's possible it might ride the hype for 2 or 3 more months which would make people who bought 2 weeks ago actual millionaires.

I guess that's the beauty of gambling and being early on something. You either make bank with it or it goes into the shitter.

>> No.20557234

>>20556945
Barely anything as price dumps right after rebase. But the market cap keeps going up and that's what matters.

>> No.20557259

>>20557097
I’d be lying I said I wasn’t either but I still hold 1k link along with some other alts so worst comes to worst and this shit crashes I’m not completely fucked. My gut is telling me this isn’t going anywhere anytime soon though so I have no plans to sell my stack yet
>>20557146
18.5k AMPL which fluctuates between $45-55k right now depending on the price

>> No.20557286

>>20557097

Tonight’s rebase should get me around $15k and it happens every fucking night. It’s like Christmas

>> No.20557307

>>20557227
>being early on something.
The beauty of being early on a pyramid scheme.
Bitcoin is the same thing.
Things only have value because we give it value.
The trick is trying to recognize what will be valuable to others later on.

>> No.20557347

>>20556376
Because the value of having the coin while it's exploding in market cap is worth more than a dollar.

This coin will eventually reach stability but it's going to take a LOT of AMPL getting distributed to dilute the pool. Probably billions.

>> No.20557375

>>20556904
Congrats, you passed the IQ test and will be extraordinarily rich very soon

>> No.20557585

>>20557259
>18.5k AMPL
based. how much did you start with?

>> No.20557882

>>20557307
>Everything is a pyramid scheme
With that definition.
Yes, everything is pyramid scheme.

>> No.20558057

>>20557882
>>20557307
....
Which is why it's the wrong definition.
What you are describing is a belief system.

>> No.20558139

>>20556856
u math like a nigger

>> No.20558261
File: 114 KB, 2196x1266, thermal_expansion_3.jpg [View same] [iqdb] [saucenao] [google]
20558261

>>20557375
Naw. It's the big brains expansion which propagated nearby kinetic energy into my elastic supply brain.

That shit hurt.

>> No.20558643

>>20557259
Are you staking your coins? I'm not sure if I should be or not. If the price is going down or stable, it's a good idea, right?

>> No.20558974

Anyone who thinks this will last is autistic. I know the devs personally, and they mentioned to me on a phone call last night they will be rug pulling july 26th.

>> No.20559052

>>20556847
Fine stay out then faggot and go buy something else

>> No.20559136

i hold ample on metamask do i have to stake anything or does rebasing happen without me doing anything

>> No.20559531

>>20558974

kek, are you retarded enough to think that fud makes a difference at this point? we're waaaaay beyond that. lying about stupid shit won't get you a better entry, just buy in now.

And that's a fucking stupid larp, anyone taking 5 seconds to read about this knows this team is professional... but no, the CEO of coinbase put 4 million of his own money into a pajeet scam rug pull. Okay anon.

>> No.20559555

>>20558643
Staking is worse as long as the rebase is over 15%. If you were a whale staking is infinitely more profitable in the long run.

>> No.20559678

>>20558057
The way we ascribe value to non-essentials is based on a pyramid scheme structure. If you identify a "valuable" resource before others you are the top of the pyramid, then your distributors/retailers the middle, and buyers at the bottom.

>> No.20559705

>>20559136
Don't do anything

>> No.20559740

>>20559705
based
my kind of investment

>> No.20560019

>>20557585
Thanks anon. My first stack was 250, tripled down the next day and have been gradually adding more on dips. I’ve probably spent 5-10k total
>>20558643
I’m not staking yet, but once the crazy rebases start slowing down I’ll probably throw some in the geyser

>> No.20560182

>>20560019
can i get a QRD on geyser?
is it like a liquidity pool?