AMPL IS NOT A SCAM

[Anonymous No.20710337]

I'm gonna explain for all those people that are throwing everything into AMPL right now.

AMPL IS NOT A SCAM, but it's currently a nice Pump and Dump.
A massive one.

Absolutely nobody or nothing prevents the market cap to fall and retract the supply by 50% or more.

The arbitrage opportunity is a fallacy. There is no "true market cap" for this.
The only truth is that it is an experiment, for sure lol.

"How to disguise a pump and dump into a new type of coin where price is irrelevant"

That's what's happening.
Nothing is brining more stability.

Those guys invented a speculative stablecoin.
It means that it is absolutely useless.

Do you guys thinking MakerDAO would bother with CDPs and complex mechanism if they could have programmed this shit in 20 lines of codes? They have oracles for years now...

ENJOY YHE PUMP AND DUMP
I AM PARTICIPATING AS WELL
But don't fool yourself.

You're welcome pajeets

[Anonymous No.20710423]

>>20710337
>worlds #1 economist in the 70s predicted Ampleforth as a necessary revolutionary development in money
>Anonymous 4chan user n0vVlfkz says that its a pump and dump

Thanks, but I think i'll listen to the man who was the smartest economist in the entire world before his death.

[Anonymous No.20710424]

>>20710337
never selling!

[Anonymous No.20710486]

>>20710423

Those experts are clearly trolling.

Come on, are you all low IQ or what?

What I said is pure logic.

AMPL is going through a Pump and Dump.
End of story

[Anonymous No.20710502]

Nice stealth FUD

[Anonymous No.20710523]

It will only not collapse

IF people don't get scared and hold.

Lol?

[Anonymous No.20710530]

>>20710423
did he say that you should directly rebase into everyones wallet or increase/decrease the supply another way

ampleforth is literally a carbon copy of Seigniorage Shares and basis protocol, in which their white paper used to say that rebasing directly into each faggots wallet was the worst way to contract and expand supply

in fact i think ampleforth might actually be basis protocol renamed and with the same people

[Anonymous No.20710571]

Come on anon pajeets.

Throw me your arguments, this is fun

[Anonymous No.20710647]

>>20710423
He's still smarter than most of /biz/ now...

[Anonymous No.20710667]

>>20710337
ok thanks retard for your effort

[Anonymous No.20710709]

Lol you guys want it so much to make you rich.

Activate your brain !
Lol

WHY DOES MAKER DOES ALL THE COLLATERIZED DEBT POSITION AND STUFF?

[Anonymous No.20710732]

>>20710571
If AMPL reaches the potential being discussed.
It will serve iits purpose.

What will get it there...
Acceptance; peoples belief in it?
Fiat (no longer backed by gold) is our accepted means of exchance (investing, the daily).
Its what is known.

New Paradigm (not yet)
Is it possible?
Honest question Anon...

[Anonymous No.20710748]

>>20710709
>Activate your brain !
>WHY DOES MAKER DOES ALL THE COLLATERIZED DEBT POSITION AND STUFF?
tfw you realize when you talk with people on /biz/ you are talking with actual drooling retards

[Anonymous No.20710774]

>>20710571
very well could be a PnD
coming from a business perspective, they have first mover advantage and they have a good chance to succeed in what they set out to do imho
ill probably keep some for awhile just to see where it goes

[Anonymous No.20710796]

>>20710748
pretty sure Maker is going to vote on collateralizing AMPL.

[Anonymous No.20710807]

>>20710748

Yet, you can't answer me. Why would Maker have a vault system, debt positions ?

[Anonymous No.20710849]

>>20710523
>>It will only not collapse
>>IF people don't get scared and hold.

That's... Literally every other form of economics. It relies on a society agreeing that a thing has value. The same can be said of Bitcoin, and autographed baseball cards, and gold ounces. The whole thing falls apart if people disagree on the value of that thing.

[Anonymous No.20710914]

It will either be top five or it will go crash spectacularly. There is absolutely no in between.

[Anonymous No.20710933]

>>20710914
This I agree with.
>>20710807
take more english classes anon. i literally can't understand what point you're trying to make.

[Anonymous No.20710938]

>>20710337
It seems like you haven't really understood the potential Ampleforth at all.

See >>20710627

[Anonymous No.20711028]

>>20710914
AMPL reaching its potential; brings, not only DeFi but the whole crypto space to life (filling it with liquidity). The team talked about being able to operate on other chains.
Why so much FUD when this helps everyone?

[Anonymous No.20711058]

9000 hours in MS paint. it is complete.

[Anonymous No.20711073]

>>20711058

[Anonymous No.20711164]

>>20710732
>>20710571
?

[Anonymous No.20711201]

>>20711058
1st one on my AMPL folder

[Anonymous No.20711225]

>>20710337
High IQ post.
So - look into Terra - Luna.
Flexible supply too , but real stablecoin with real mass adaption ( merchants + customers )

[Anonymous No.20711292]

>>20710807
Because maker set up an inefficient and clunky method to derive a stable coin from. That’s why they need this complicated collateral scheme and governance decisions. Ampl handles everything with code and math, in a very simple but elegant way. And that’s why Ampl is the better solution. And that’s why Ampl will continue to climb the ranks leaving maker in the dust.

[Anonymous No.20711332]

>>20711225
>>>20710732
>>>20710571
?

[Anonymous No.20711438]

>>20710337
>20710732
?

[Anonymous No.20711737]

>>20710849

Well, if belief is the only mechanism to make it work.

Then IT IS NOT the first project.

We already have the bullshit non backed USDT stablecoin.
People already believe in it just fine.

[Anonymous No.20711782]

>>20711292

At least they have a real stablecoin.

[Anonymous No.20711824]

>>20711737
Can the USDT used as liduidly as AMPl in the ecosystem?
Is it an elastic supply that can not be devalued?
AMPL is a better reserve; form of liquidity...

[Anonymous No.20711868]

I'll look into Terra and answer your other comments soon.

So far, nobody has any argument except for the belief system

It's money 2.0, why?
I just looked into my economics and social psychology books, no one mention a currency where the amount you have changes by the day.

It is an experiment, ongoing a PnD at the moment

Any other claims?

[Anonymous No.20711879]

>>20711824
It will bring the digital ecosystem to life.
As future businesses are tockenized...
Please tell me a better option for real world liquidity (investing); as well?

[Anonymous No.20711889]

>>20711737
Decentralized currency is infinitely more valuable than this piece of shit. Have fun letting the feds sieze your funds.

[Anonymous No.20711891]

You don't get it

[Anonymous No.20711962]

>>20710952
somebody refute this pls

[Anonymous No.20711984]

>>20711868
Did they mention Hayek in your books?
https://www.youtube.com/watch?v=9-uo-KfnkhI
Nobel Proze...
Ampleforth Presents: Friedrich Hayek Predicts The rise of Stablecoins, Bitcoin and Cryptocurrency

[Anonymous No.20712142]

>>20711984

[Anonymous No.20712176]

>>20711984
1984 and 369

I just noticed both...
Fuckin Triop

[Anonymous No.20712216]

>>20712176
Isnt Ampleforth a character in a famous book?

[Anonymous No.20712246]

How does it feel being a pajeet. Shilling a pajeet scam coin. With other pajeets. Is that really a life worth to live? What are you going to tell your kids or grandkids? Daddy was a pajeet shitcoin shiller who scammed a lot of poor people to make money for already rich people. You guys are really fucking poor and evil and you know it..

>inb4 stay poor fudding faggot you son of a basterd bitch

[Anonymous No.20712454]

>>20710530
So what happened to basis protocol and Seigniorage Shares ?

[Anonymous No.20712535]

>>20712246
stay poor fudding faggot you son of a basterd bitch

[Anonymous No.20712550]

How the fuck you idiots keep talking about muh black hole when this has all the makings of a dump scam??

[Anonymous No.20712565]

>>20710337
EVERY REBASE IS A TAXABLE EVENT.. AMPL is not a stock.. its "money" to the feds. It cannot be "split" in the eyes of the IRS. You are all fucked.

[Anonymous No.20712621]

>>20712565
Good luck finding my MEW glowies!
>transferred eth from coinbase
Shieeeeeet

[Anonymous No.20712709]

>>20712621

[Anonymous No.20713513]

So scam it is, plus the PnD?

Damn.

[Anonymous No.20713562]

The FUD is getting weaker by the minute, we are pumping to an ATH tonight, let's fucking GOOOOOOOOOOOOOOO, jews mad jews sad

[Anonymous No.20713823]

>>20710486
but it has many cycles. its gonna dump. then pump. then dump. then pump.
all that matters is at what MC do YOU think it will stabilize?

[Anonymous No.20713975]

>>20711868
>I just looked into my economics and social psychology books,
anon your a fucking retard. ill bet those are Wikipedia pages your referring to

[Anonymous No.20714019]

>2.76 already

lol

[Anonymous No.20714091]

>>20714019
>2.84

[Anonymous No.20714104]

>>20714091
liquidity at 45 million $

[Anonymous No.20714178]

>>20711868
>It's money 2.0, why?
yes. its an experiment

it has an elastic supply which contracts/inflates based on demand.

It does all this AUTOMATICALLY and SIMULTANEOUSLY to ALL HOLDERS- written in the CODE

Which means it doesnt require governance (someone watching over it)

Money 1.0 - when new money comes in, it goes directly to the banks and the top 1%. while average people get fukked and deal with inflation/deflation

with AMPL - new money is distributed evenly across all holders without any need for governance

AMPL is also not based on a debt or collateralization (like Dai) - which means that it is not dependent on something outside its own system

AMPL is not "backed" by centralized currencies (like USDC/USDT) - this is important because a DECENTRALIZED FINANCIAL SYSTEM CANNOT DEVELOP ON THE BACK OF CENTRALIZED MONEY - which can be shut down

AMPL - is uncorrelated to BTC because it relies on its own incentives to push the price down and up. It is an uncorrelated commodity - which is HUGELY VALUABLE all on its own

its a closed system that is dependent on its own. it has elastic supply so it can meet demand. it is digital so it can go anywhere. It has its own market.

im sure there are even more reasons

[Anonymous No.20714194]

What wallet should I be keeping my AMPL in?

[Anonymous No.20714238]

>>20714194

on exchange so you can sell when it dumps

[Anonymous No.20714300]

>>20714178
anons please add more to this. im tired of explaining

[Anonymous No.20714396]

>>20711782
Who gives a fuck. Ampl has stated numerous times that it won’t be a stable coin until supply reaches equilibrium with supply.

[Anonymous No.20714479]

>>20711737
Accept for slippage and inflation. You don't hold tether because it decreases in value over time. Ampl is designed to maintain a relatively stable price profile.

[Anonymous No.20714506]

I agree it will either go top 3 or go to 0.

To go to top 3, people should all believe in this sound money 2.0 new paradigm.

When we will reach billions of marketcap, we might retract so violently that it will cause panic.

I trust people to panicand switch sentiment very quickly, as always in crypto.

Good luck to everyone in this zero sum game.

[Anonymous No.20714563]

What price are yall selling at?

[Anonymous No.20714587]

>>20714479


Am I lacking sleep or is it disappointing that AMPL is adjusting for a dollar peg.
What if the dollar gets hyper inflated in 4 years, how can AMPL fight that? We will all have the same amount and our AMPL purchasing power will decrease as well?

Should we fork this shit for an Euro AMPL, and call it Ampleback? Another one for gold? Amplegold?

[Anonymous No.20714649]

>>20714587
I read it's pegged to the USD value in 2019. Might be wrong on that though

[Anonymous No.20714675]

>>20714563
1$

[Anonymous No.20714716]

>>20714649
Correct, $1.009

-------------
AMPL ANIMAL RANKING TIER [% OF MARKET CAP]
--------------------------------------------------
0.1% - APEX AMPLER - THE HUMPBACK HONCHO
0.075% - SACRED SALTWATER CROC
0.05% - OTHERWORLDLY ORCA
0.03% - SHAKESPEREAN SILVERBACK GORILLA
0.02% - WISE WHITE TIGER
0.01% - RABID RHINOCEROS
0.0075% - HUMBLE HAMMERHEAD
0.005% - WORTHY WOLF
0.003% - BRAWNY BARRACUDA
0.002% - BASHFUL BARN OWL
0.001% - AMAZIN' ANACONDA
0.00075% - WICKED WOLVERINE
0.0005% - MIGHTY MUSKRAT
0.00025% - KEEN CHAMELEON
0.0001% - GREEDY GRASSHOPPER
0.00005% - AMPLE ANT
0.00001% - FUNKY PHYTOPLANKTON

Your % = [Your AMPLs] / [Cicrculating Supply]

[Anonymous No.20714735]

>>20710337
noob here, do i see this correctly this coin went 100x in a month?

[Anonymous No.20714839]

>>20714506
but it has already gone thru negative rebase ... for like a year. and it came back. now the situation is waaayyy different. more people know about it. more money in the system.

[Anonymous No.20714877]

>>20714587
>>20714649
its pegged to the 2019 dollar thru the consumer index

Should we fork this shit for an Euro AMPL, and call it Ampleback? Another one for gold? Amplegold?
that would be pointless because it will accomplish the same thing - just the price will be different.

[Anonymous No.20714886]

>>20714649
what does "pegg to the 2019" dollar even mean. 1$=1$. Purchasing power just went down.

[Anonymous No.20714921]

>>20714735
p much

[Anonymous No.20715066]

>>20714886
the dollar loses value every year. by pegging to 2019 dollar - the value remains the same while the actual dollar loses purchasing power

[Anonymous No.20715116]

what are your predictions for when the dump this cycle is

[Anonymous No.20715130]

>>20715066
this makes absolutely no sense. you could have used the 1970 dollar and it would be the same. 1$=1$. you just get less if you actually want to buy something.

[Anonymous No.20715144]

>>20714886
1$ is 1950 is worth more than 1$ today. Inflation and all that

[Anonymous No.20715223]

>>20715130
ample will not always be $1 in present value. It adjust to the value of $1 in 2019. Check the dashboard on the website. Currently the target is $1.009, which is more than $1. This will continue to increase as the value of the USD decreases.

[Anonymous No.20715292]

>>20715144
if i have 1$ in 1950 i have 1$ in 2019 - i just cant buy the same stuff with it cause of inflation.

[Anonymous No.20715339]

>>20715292
if you had $1 in 1950 and found something to trade for that would maintain that purchasing power, you would have more than $1 in 2019.

[Anonymous No.20715457]

>>20715130
it has to be something! you can take your comment and apply it to anything! why? FUCKING I DONT KNOW ASK THEM FAGGOT

[Anonymous No.20715472]

>>20710807
lack of creativity?

[Anonymous No.20715749]

>>20715130
>>20715292
just stfu you fucking brainlet

[Anonymous No.20715914]

>>20712454
they went to zero or got shut down

[Anonymous No.20715948]

pic related

[Anonymous No.20716096]

>>20715948
Was the Nobel bro Hayek winer of the nobel prize; or the person that wrote "pic related"?

"Fifteen laureates were awarded in 2019, for achievements that have conferred the greatest benefit to humankind.
Their work and discoveries range from how cells adapt to changes in levels of oxygen to our ability to fight global poverty."

See them all presented here.
https://www.nobelprize.org/prizes/economic-sciences/1974/hayek/facts/

[Anonymous No.20716107]

2.85. fuck i sold at 2.60

[Anonymous No.20716242]

What's so great is that while Bitcoin can be a store of value it can never be a currency. Even if you found the perfect 2nd layer. Because Bitcoin like Gold is always going to be too volitile also how could a peg to the bitcoin work? If you tried to make a backed US dollar with Bitcoin it would be a mess at best. A dollar peg would still collapse like fiat or if completely pegged it would be too volitile. Ampl is the perfect digital fiat that complements Bitcoin the perfect digital gold.

[Anonymous No.20716292]

>>20716096
have u worked in academia fren?
cos i have and i do and have over $5m in research funding int he past 3 years at the age of 30
and ill tell you right now that every single award is a scam

[Anonymous No.20716362]

>>20716242
AMPL isnt meant to be currency like fiat...
Its Liquidity...
If you want to turn it into fiat/stable coin than do so.
2019 USD is a reference point that the whole world understands... 1.0

[Anonymous No.20716374]

>>20716292
Can confirm
>t. PhD

[Anonymous No.20716516]

I can't really put into words how badly deluded the OP is but trust me, you are gonna be reaching for rope in 2 months. So I'll just leave it at that.

[Anonymous No.20716553]

>>20716292
I agree.

This phase 1... there is risk reward (volatility)
hence why the gains are so good (risk/reward).

If the MC brings in enough liquidity; is there seriously an argument that this (AMPL) is a smarter money that can bring "investment to life"?

There is a big "if" the project makes it.
Nothing is for certian; this is a fact:).

Bullish sentament suggests that AMPL has the potential to achieve it vision.

"IF" it gets there; what would the fud look like?

The current FUD is its going to fail...
So might everything and anything.

[Anonymous No.20716565]

>>20710337
you are an idiot. kys for wasting our time and making a pointless thread

[Anonymous No.20716882]

>>20716565
I get it, you are invested.

But it is far from a pointless thread.

It's like a fucking religion.

You anons praising AMPL is like praising String Theory.

Unfalsifiable.
Can't argue with people saying that "as long people believe in AMPL, it will grow and eat anything"

What the fuck crypto

[Anonymous No.20716935]

>>20710337
>It means that it is absolutely useless.
nope. at extremely high market caps the coin is stable and the more stable it is the more people will use it as a stable coin which will replace speculative money
whales will also still be in the game because of the small fluctuations at high mcap
we already talked about this weeks ago