/biz/ - Business & Finance

[Anonymous No.24475621]

Can an Ampl holder help me with a question

>As of now $15mil volume @ $370mil mc
>End of July beginning of Aug volume was roughly $70mil @ $370mil mc
>Go back further to around 22nd July and volume was $30mil @ roughly $370mil mc

Each time we've been at $370mil mc before volume has been much higher. Why is it only $15mil now? What does it mean? Totally new to this so an explanation would be great before I buy a bag

[Anonymous No.24475683]

>>24475621
well, last time there was only one geyser on play. this time there are 4. so that's potentially tens of millions locked in liquidity that holders aren't moving.

[Anonymous No.24475755]

>>24475683
Not following sorry, the amount in the geysers that are locked in do not count and do not show as volume on Coingecko charts?

[Anonymous No.24476015]

>>24475755
He's saying that much smaller buys result in a much higher MC because there are less tokens available to sell - they're locked.

It also means the dump will be THAT much harder when the tokens unlock.

[Anonymous No.24476016]

>>24475683
>only one geyser on play. this time there are 4
newfag here
what are gysers?

[Anonymous No.24476035]

Funniest thing every watching this slide into top 3 as people don’t realize btc eth ampl are the only coins that matter at all. Musical chairs with shit coins is coming to an end.

[Anonymous No.24476049]

>>24475755
yes. There are not moving value because its locked liquidity, so therefore they don't contribute to volume figures. However their value is baked into the overall marketcap.

In short, AMPL has set a higher baseline now leaving room for a much higher high. When the pump really explodes this time around, its gonna be fucking magical.

[Anonymous No.24476064]

>>24476015
>dump
But an anon in another thread said this would only go up!

[Anonymous No.24476086]

>there are people who still don't own AMPL

[Anonymous No.24476152]

>>24476016
uniswap, sushiswap, and balancer offer liquidity mining. you deposit ampl and eth for the first two and ampl and usdc for balancer and you receive rewards/trading fees for offering liquidity. sushiswap also gives you sushi weekly, and balancer gives you balancer tokens.
when you receive your liquidity pool tokens (LP tokens), you can deposit those into the geyser for additional ampl rewards. after 30 days there's a 3x multiplier to your rewards depending on how much of the pool you own, and for longer, you get more rewards.

[Anonymous No.24476180]

>>24476015
volume is buys and sells. locked liquidity isn't moving, so that's market cap, not volume.

[Anonymous No.24476201]

>>24476064
Think he means harder as in more difficult to do, not as in more of an extreme dump.

>>24476015
>>24476049
Gotcha thanks

[Anonymous No.24476330]

>>24476152
thank you but I have heard there is risk of impermanent loss
is it true?

[Anonymous No.24476387]

>>24476035
people don't realise this is the ultimate decentralized stablecoin

AMPL is as big as BTC ETH and LINK

[Anonymous No.24476447]

>>24476387
once you get it, you get it

[Anonymous No.24476467]

>>24476330
Apparently the Balancer pool that they have more or less eliminates IL, but I don't know enough about it to say much more.

[Anonymous No.24476468]

>>24476387
>put money in
>the money put in can drastically increase or decrease
>stablecoin

[Anonymous No.24477327]

>>24476468
if market cap increases, your token number goes up. if down, then down. it's not rocket science. the algorithm is designed to bring it back to a dollar. but if the market cap stabilizes at $1b dollars and you bought in at $250m, congrats, you've 4xed.
but what if it stabilizes above $1bn?

[Anonymous No.24477486]

>>24476468
What part of Elastic Supply do you not understand?

[Anonymous No.24477491]

>>24476468
It's not a stablecoin, it acts like one once offer and demand balance out

[Anonymous No.24478391]

>>24476468
it's searching for equilibrium in its current stage. Once the marketcap is large enough that it would take a serious amount of volume to create fluctuations it would become relatively stable. You also need to factor in that it's pegged to a static valuation of the $ and not its current own currency fluctuations, so changes in the $ also bear weight on AMPL's value too. It's a stablecoin in a different sense to USDT. Time will tell but it could make a lot of people think differently economically speaking if it really pulls off its long term vision. Still extremely early days.

[Anonymous No.24479111]

>>24476467
>Apparently the Balancer pool that they have more or less eliminates IL
how?

[Anonymous No.24479236]

>>24478391
Elastic finance was theorized by great economists but could never be done in practice. AMPL really is a great opportunity I do agree that holding blindly isn't smart and negative rebases are killer, I missed out on ampl because I bought right after their release and got murdered initially even though I thought the idea was phenomenal. I still made good in june and will make good again now.

AMPL also has very low correlation to the rest of the crypto market so it is great for a portfolio regardless of potential growth. If crypto as a whole grows 10x AMPL could easily be in the top 10 coins if people prefer decentralization > centralization

[Anonymous No.24479331]

>>24475621
It means it's organically sustaining an increase in market cap, which means steady positive rebases. And then an impeccable amount of fomo once people educate themselves of the protocol

[Anonymous No.24479423]

>>24476064
He's being dishonest. Trying to get people to sell. I shill this project out of the goodness of my heart to let people have the chance to get in, because I was there this summer. Ampleforth melted my fucking face off

[Anonymous No.24479504]

Rube Goldberg machine