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20995249 No.20995249 [Reply] [Original]

No matter how hard you scream “ponzi” this shit isn’t going anywhere. Ampleforth WILL be listed on coinbase and you’ll be posting pink fucking wojaks because you missed your shot

>> No.20995329

POOOOOOOOONZZZZZZZZZIIIIIIIIIIIIIIII

>> No.20995346

>>20995329
Stay poor

>> No.20995533
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20995533

>> No.20995838

>>20995249
Educate me, what exactly is the point of this coin?

>> No.20996071

>>20995838
Simply put, once it reaches a sufficient MC and achieves stability, It will be a stablecoin that is not subject to inflation. If you hold Tether, you are losing money as time goes on due to inflation

>> No.20996292

>>20996071
Thanks for your reply and sorry for being a brainlet, but I am still wondering as to what the point is. So it remains it's value but in relation to what exactly? Could you give me an example if I were to invest lets say $1000 which would get me 1000 ampl, then what?

>> No.20996443

>>20996292
Right now it is trying to find a suitable MC to get to it's stable price of $1 (based on the value of the 2019 USD). That MC will probably be very large, somewhere in the billions. If you invest now at 300mm MC, and it goes to 3bn, you will have done a 10x. At some point, this will no longer be something to invest in to make money, because it will be stable at ~$1, but there is money to be made up until that point

>> No.20996515

>>20996292
it targets its price to the 2019 US dollar. (1.011 current US dollars). does this through a price oracle and inflation index.
However if you buy this you're better on adoption and people finding worth in it... and part of the adoption is luring buyers in with its ponzi like mechanics. It's a pretty good project but I do think the team and investors hold too much of the token. very centralized.

>> No.20996717

>>20996292
How I view it is almost like a bank account were you accrue earnings overtime for holding it in. If you purchase 1k ample and wait a year my best guess is you could have 900-3000 amples if you dont swing.