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/biz/ - Business & Finance


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20861234 No.20861234 [Reply] [Original]

The reason why this project won't work is simple.

It has no time locks and penalties, which means it's not high risk high reward enough to succeed..

It pumped purely as a speculative investment due to hype.

The people in it are not holders. They're opportunists at best who are in it for a quick buck.

Since you can take your coins out any time without penalties, it has no chance of maintaining a large enough market cap and liquidity pool to work properly as a decentralized stable coin.

It's really that simple.

>> No.20861244

Ok Richard

>> No.20861266

the reason why it wont work is because its a pseudo-intellectual shitcoin with no actual utility

>> No.20861285

>>20861234

Ill hodl

>> No.20861288

>>20861234
>The people in it are not holders.
thats where you're wrong buddy
never selling

>> No.20861291
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20861291

>>20861244
He right though. People just too proud to admit it.

>> No.20861325

AMPL is going to billions and its still early bro. Remember XRB?

>> No.20861329

>>20861234
What concept do you not understand about the intersection of price/supply/demand that would make you think Ampl which is based on will somehow break with all economic laws and simple maths and 'not work' you stupid little cunt?

>> No.20861393

>>20861234
I studied stablecoin algorithms at university along with other monetary policies. I have HODL AMPL since the beginning. It sellling because you are making some lousy ass pseudo intellectual analysis on this Mongolian basket weaving forum. Not everyone on /biz/ is a NEET looking for a quick buck.

>> No.20861417

>>20861329
I think you need to work on your english sir.
I have no idea what you're saying.

>> No.20861946
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20861946

NOOOO

>> No.20862091

It will go up no doubt. Wait for major exchange listing increasing the volume and increasing the price/MCAP rapidly. You should just buy now and lock in your MCAP %. Its low risk investment.

>> No.20862592

Ampl is the one.

FUDders, do you really think Ampl is not going to make it onto a significant exchange?

While not the major goal for the team, it is inevitable.

>you think you're Salty now...?

>> No.20862752

>>20861234
never studied economics have we?

do you know what is a benchmark interest rate? do you know how money moves around from low to high yielding assets and vice versa during periods of growth and decline?

the beauty of AMPL is there is a interest rate embedded in the price and that gives a lot of indication on the liquidity needs of the market.

Which other benchmark interest rate - which is uncollateralized yet followed by every bank - with trillions of dollars riding on it- LIBOR - yup.

AMPL is decentralised LIBOR (its scary how banks have manipulated LIBOR - AMPL solves that)

Good luck. Lot of other good coins out there. Ampl not for everyone.

>> No.20863634

>>20861234
Good job now apply that reasoning to tether and see how it holds up

>> No.20864058

>>20863634
I mean they're both bad.
What's your point?

>> No.20864143

>>20861234
I just doubled my % stack

Thank you sellers