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/biz/ - Business & Finance

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29722161 No.29722161 [Reply] [Original]

Does this really have any long-term upside or just junk?

>> No.29722393

>>29722161
I don’t think any major credit cards or banks are going to adopt any crypto they didn’t have a hand in creating, it’s not a good look. So probably not

>> No.29722792

>>29722393
Weak fud. It's already in use in 40k stores in the US and Canada. Get in or stay poor.

>> No.29722798

>>29722393
Do you have any clue what AMP actually does?

>> No.29722847

>>29722792
lol who is using stores

>> No.29723022

>>29722798

I swear there was another token that was supposedly doing this same thing in 2017.

Cant for the life of me figure out what it was. So I am guessing it didnt work out so well.

>> No.29723232

>>29722161
It's a shitcoin, the reddit faggots just keep shilling it on here to pump their bags

>> No.29723453

>>29722847
your mom is anon

>> No.29723584

>>29723232
Legit use case, legit whitepaper, ALL CAUCASIAN team, backed by vinklevoss bros, this is not a shitcoin you retard
stay poor
I dont want you buying AMP

>> No.29724132

I feel like every ambitious crypto that has a use case not directly related to other crypto has failed.

Why would this be any different?

>> No.29724270

>>29724132
nigger it is already being used

>> No.29724313
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29724313

>>29723584
>Muh weinervoss!

>> No.29724603

>>29724270

Is it? FDMC is 2 billion can this really even be worth more than 5 cents?

>> No.29724908

>>29724603
What was XRP's ATH? What was their FDMC? Does XRP allow you to walk into a fucking ice cream shop and buy two scoops of Cookies and Cream with LTC? You can do that right now by the way with Flexa. Check out their recent business growth.
https://defipulse.com/

>> No.29725141

>>29724908
so something no one will ever want to do.

Check.

>> No.29725233

>>29722161
>apple pay goes crypto
>demands exclusivity
there, i just killed your project

>> No.29725282

>>29725141
$713.48M purchases going through the Flexa network a day would like to disagree you retarded faggot. Stay poor

>> No.29725448

>>29725141
>be small business
>VISA/Mastercard charge 4% of all txs
>Flexa costs nothing to integrate
>offer all customers who use new crypto app thingy a 2% discount
>business, customer, and investor all win
>creditcuck companies lose
but it'll never happen bro

>> No.29725713
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29725713

>>29722792
>>29722847
>>29724132
>>29725448

>> No.29725889

>>29725282

Who wants to track tax info with legit retail use of crypto? First in/out tracking losses/gains between transactions.

Are there any online retailers accepting this? Iv never seen it anywhere.

>> No.29726208

>>29725889
Shopify integration is coming this summer. Devs have talked about integration with Paypal/Venmo.

This coin is severely undervalued and is quickly acquiring institutional support. ~3200 current holders and it already has a market cap of $1bil. All tokens not in current circulation or being staked are being held in gemini custody, coinbase custody so devs cant rugpull us. Read the whitepaper.

>> No.29726221

I've read up on this coin and I'm not so sure it will moon, but I'm thinking the payment network already has enough activity and support that there's a 95% chance this goes up by some amount assuming btc doesnt shit the bed.

>> No.29726400
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29726400

>>29726221
>>>btc

This has me up at night honestly. AMP is highly correlated to BTC i have noticed

That said....for 2 cents i got 250k. All things moon eventually. Even MANA in decentraland mooned

>> No.29726443

>>29726208
I watched a YouTube video that said it was like the 5th most likely currency to be picked up by CoinBase

>> No.29726466

>>29725233
Fundamental misunderstanding, this benefits retailers because it provides fraud proof acceptance of any digital currency with collateral via amp tokens. Use Apple crypto or your worthless dentacoin bag, it won’t matter to the retailer because they receive their fiat.

>> No.29726621

Interesting concept for sure.

Just wonder what % of people in the next 5 years will even consider using crypto as a common payment method.

>> No.29726734
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29726734

>>29725889

You are fucking stupid thats what every fucking crypto trader wants. They want to use their HOGE and RUBICs to buy a Tesla. You literalpy have to liquidate the thing into fiat anyway.

This makes it easy as fuck. No one else can touch this project.

And this FUD thatbit will never catch on or is too complicated for niggers comes out every night

>> No.29726766

>>29726621
That’s one of the main questions I have and I also wonder if the token needs to remain a low price for stability and volume

>> No.29726808

>>29726443
Are you implying thats good or bad?
Even 5th isnt bad. After the IPO is finished and they have a moment to relax they will be pushing new coins to increase the IPO value. Shareholders will demand that they add new assets to the platform. Since AMP is already in coinbase custody, it makes AMP an obvious pick due to ease of access and already established relationships.

The creators used to work for American express and a few other major institutions as well as having backing from the Winklevoss twins. This is a project that will sneak up on people quickly.

>> No.29726838

>>29726400

yeah I'm not really expecting any fast moving action but I decided to pick up 175k coins at ~2.5ish cents because I can go buy shit with it if I get tired of holding it.

>> No.29727111

>>29726734

You have serious issues bro. How heavy are your bags?

Jesus

>> No.29727189

>>29727111

So nobody wants to buy things with crypto? Wasnt that the whole point of crypto?

Also kys nigger. My bag is still up 33%

>> No.29727212
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29727212

>>29727111
His bags are really heavy, which is why he's going to be filthy fucking rich within 6 months - 2 years tops
>>29726734
YGMI

>> No.29727263

>>29727189

99% of the consumers on this planet do not want to buy things with crypto. ...

>> No.29727380

>>29727263
Amp lets you buy using USD (any fiat), not only crypto. Read the whitepaper.

>> No.29727493
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29727493

>>29727263
99% of the consumers on the planet don't even have any crypto you dumb retard. That doesn't matter. The market is growing extremely fast. Does 99% of the planet not owning crypto prevent BTC from being worth 50K? No? Then your statement means nothing, retard.

>> No.29727514

How long until it reaches a buck?

>> No.29727591

>>29727493

I swear this is the same guy every night. I think he is a buywr but not ready yet

>> No.29728072

>>29727591


See this one on coinopsy in 2023.

>> No.29728078

>>29727591
All of his point are terrible, which is annoying. Ten minutes of research and all of his concerns can be answered. I really don't care, if people want to stay poor you can't really help them with that

>> No.29728131
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29728131

>>29728072
I'll make sure to screen cap some of your posts. Can't wait to clown faggots like you once Amp hits a dollar and you $ROPE yourself.

>> No.29728429

Lol, is there a coin in the past that was low but mooned and had proponents posting edited pepes on /biz/? You see those obviously shilled threads like Rubic threads with its own images and that's what makes this a little suspect.

>> No.29728723

>>29728429
Tons of coins have mooned with bullshit pepe edits kek. Don't take them too seriously, it's just shitposting. If you can't see through an obvious joke and appreciate the potential this coin has then /biz isn't for you. Also
>Link mooned
>Rubic did moon, it was a fraction of a penny now is worth ~$0.39
>AVAX
>XRP
>XMR
Just to name a few

>> No.29729174

>>29728723
Ok just making sure. I also have 25k AMP already . I have faith in this.

>> No.29729256

>>29729174

A few quick google searches brings up news articles, patents, reddit posts.

Theres no question to the legitimacy of this. You could question the efficiency but not the legitimacy

>> No.29729351

Better to buy rbc and hold to bh

>> No.29729430
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29729430

>>29729351

get aload of the rbc faggot
"MuH RuBizc StAYz CuBiC"

>> No.29729568

>>29728429
Grt also went from 30¢ to 2.90 in like a month

>> No.29729950

>>29724313
>having this image on your computer

>> No.29730222

>>29726466
fundamental misunderstanding of how multinational business works. no one gives a shit about retailers or customers.

>> No.29730847
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29730847

zee.. endo..