An absolute sleeping giant

[Anonymous No.25642782]

When AMPL wakes up, it is going to tear up the charts faster than the previous summer -- hold on strong lads.

If you understand AMPL, you know this.

[Anonymous No.25642813]

>>25642782
Bro it's a speculative stableshitcoin. It has NO USE CASE, except being a nice narrative for a ponzi.

+ It's an ERC20 token, it has zero future. Bro in 2016, all kinds of fucked up experimentations were done, for the fun, an elastic supply was one of them, and solves NO problem (unit of account is bs)

[Anonymous No.25642848]

>>25642813

I get it, it took me a while to fully understand AMPL - clearly you do not, AMPL has the best white paper since BTC

Do not miss out folks, don't be a pajeet like this fella...

[Anonymous No.25643001]

>>25642848
Bro the whitepaper is a fucking joke. I actually read it. Comparing it to BTC is fucking insult to intelligence itself, you absolute retard.

Y =x*z, wow what a whitepaper..

[Anonymous No.25643018]

>>25642848
>>25642782

The only use I see Ample have is that it should 'seem like' it offers stable prices for products. In case you would want to pay with Ample.

However, due to the supply increasin/decreasing, isn't this basically just a way to obfuscate inflation/deflation?

Sincere question by the way. Because if I am wrong I think Ample might be interesting.

[Anonymous No.25643151]

Imagine still holding SCAMpleforth

[Anonymous No.25643549]

>>25643018
It's not even right to think it would be super stable at hundreds of billions of market cap, it's still a ponzi, the early adopters will sell and the rebase will fuck everybody. That can't work IMO.

There is no fundamental difference with buying Bitcoin, except at least it's not a fucking ERC20...

Even in stores if you want to pay with AMPL, the merchants will have to adapt constantly (like if you had to pay in BTC/LTC/ALGO/ETH, etc) because AMPL prices moves more than acceptable.

[Anonymous No.25643592]

>>25642782
I agree.
Nothing pumps like AMPL.
Nothing.
A major CEX listing will send it sky high.

[Anonymous No.25643669]

>>25643549
No. BTC behaves like a precious metal. It is extremely scarce.
AMPL is what BTC might have been if chainlink was available for Satoshi to leverage.

[Anonymous No.25643729]

>>25643669
But why the fuck do we need that?
The market clearly has spoken: a digital store of value with precious metal characteristic is what's up.

[Anonymous No.25643830]

>>25642782
U can get me for it if you explain me how I can profit off this shit? How do I profit off a stablecoin? Me no understand.

A lot of ppl are saying ampl is based, even Nicolas had it in his top alts for 2021.

[Anonymous No.25643840]

>>25643729
>But why the fuck do we need that?
BTC failed as a currency but it is the ultimate store of value.
AMPL can operate as a currency and can expand elastically as much as any market needs. Stability will be achieved at an appropriate market cap which will then make it a store of value as well. The stability number is up for debate...

[Anonymous No.25643898]

>>25643840
but as an ERC20 token, it is clearly just an experiment. IMO it destroy all possibility of seriousness. Can't scale, won't ever be a currency. If it was an entirely different blockchain, it might have been interesting.

[Anonymous No.25643940]

>>25643830
it has a built in mechanism that multiplies the supply in all wallets if the price is above the peg (and reduces your wallet balance if price is below the peg). this is supposed to eventually stabilize when the market cap gets high enough that it can't be manipulated, but in the meantime it's just a hyper ponzi.

[Anonymous No.25643985]

>>25643898
I've asked Vitalik and the Ethereum council to downgrade the AMPL token to ERC-10 since it has no use

[Anonymous No.25643997]

>>25643898
There is a roadmap.
https://www.ampleforth.org/roadmap/

It's going chain agnostic:
Announcing #AMPL will expand beyond Ethereum with 3 new blockchain integrations:

@Tronfoundation
@Polkadot
@NEARProtocol
https://twitter.com/AmpleforthOrg/status/1334218731170443270

[Anonymous No.25644122]

>>25643997
> Tronfoundation
NGMI

[Anonymous No.25644171]

>>25644122
>If it was an entirely different blockchain, it might have been interesting.
Lol, knew you weren't debating in good faith.
Good luck.

[Anonymous No.25644181]

Ampl is going to be huge. Wait until a large exchange picks it up (hint coinbase binance imminent)

[Anonymous No.25644251]

>>25643592

Unlike most ERC20 tokens Ample will require a, rather cumbersome, custom implementation for it to be able to work on a CEX.
Seeing as Coinbase and Binance still can't get their servers to run properly under high load, I doubt they are very eager to deal with the headache that is Ample.

I do think innovation in the stable coin space could be huge. Both in regards to making crypto more mainstream, as well as dealing with the whole tether situation. I just can't convince myself that Ample actually brings a lot of added value.

[Anonymous No.25644307]

>>25644251
This guy is more of goodfaith than me, but I agree with his take.
Hard to imagine AMPL be more than just an experimentation

[Anonymous No.25644456]

>>25643940
yeah I get that but what determines the supply? The amount of wallets? Is it limited?

[Anonymous No.25644560]

But honestly, AMPL is competing against BTC itself. Even NANO is in a better position for that...

It's a lost cause IMO... But yeah, might pump regardless

[Anonymous No.25644569]

Unironically it's a better design than Bitcoin as a global currency and being cross chain it can always find the best and cheapest fee. It's perfectly managed fiat with no inflation. Bitcoin is 1 Ampl will end up at 2. A big exchange will show everyone what this can do.

[Anonymous No.25644624]

>>25644569
How can you even solve that rebase mess, cross chain?

[Anonymous No.25645349]

>>25644624
for someone that has posted 8 comments of essentially uninformed FUD in this thread, are you genuinely curious how cross chain rebases work? can't tell if serious or if a stealth fudder.