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30413614 No.30413614 [Reply] [Original]

oh.. my.. GOD

This shit is absolute genius. How do people come up with this, this is like nobel prize winning economics right here. This could be the first project that literally just goes up forever.... this could go top 5 no joke.... maybe the first project that ACTUALLY has a shot at flippening the market. I feel like I'm tripping balls just reading about it...

>> No.30414951
File: 91 KB, 906x906, 20210228_064116.jpg [View same] [iqdb] [saucenao] [google]
30414951

>SCAMPLEFORTH!!

>> No.30415734

>>30413614
Ticker faggot, you want me to fucking guess based on a picture

>> No.30415775

>>30413614
Literally a ponzi scheme

>> No.30415982

Why would it go up forever? It was made to act like a stablecoin.

>> No.30416768

>>30415982
By the time it becomes big enough to be stable it will have done a x10000 if it manages to achieves it's purpose of course

>> No.30416885

>>30413614
>This could be the first project that literally just goes up forever
Please elaborate anon.
I know how AMPL works and think it has the potential for a double digit billion marketcap
But why would it go up forever?

>> No.30417159
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30417159

>>30416885
>>30415982
It could be the first coin with an INFINITE market cap

No I’m not joking

>> No.30417704

>>30417159
Yes in theory that would work, fren.
But you know, there are retards, bots, swingtrader, etc. You literally could say the same thing about any other coin: if nobody sells then the price goes up. In a different way, but still. Buyers>seller means number go up
And there will always be seller with AMPL.
But in theory you are correct. I like the coin. It just moves so slow in marketcap and it is absolute shit when it comes to tax

>> No.30417777

>>30417704
That’s the beauty of it.

Either people sell, and we maintain a stable equilibrium, or we get infinite money

>> No.30418242
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30418242

>>30417777

>> No.30418352

>>30417777
Chekd

However, if it sounds too good to be true....

Let this be a lesson to newfags; anything that’s being shilled with talks about “omgggggg so much/infinite money” is something to stay away from

>> No.30418424

If you didnt buy last week you're too late and ngmi

>> No.30418516

>>30417777
That's bullshit
>"value" based on usd
>paper not written in latex
>concept not maintainable as a normal currency
that's just over-obfuscated fiat or am I'missing something

>> No.30418638

>>30415734
>Newfag detected

>> No.30418670

i agree. but where does one buy it? help me out.

>> No.30418754

>>30418352
>However, if it sounds too good to be true....
Well I think you’re missing my point, obviously infinite money is not possible so that leaves only one possible alternative, that sell pressure will become undeniable due to supply increases when AMPL is trading above the peg.

>>30418516
>>"value" based on usd
Umm what else could it be based on for now? Can’t use a CPI until things start actually being priced in AMPL.

>> No.30419145

Yeah I bought 300 worth at the the top but hold my 100 dollar thing as a reminder that even the initiative to jump into a shitty investment shows drive and we're so early in crypto that initiative alone pays off. From that shitty investment I got 400 unis, 400 lotto, and a couple others I don't even remember. AMPL is a gateway to airdrops and nothing more. If you want a real rebase coin with more upward potential get into XBTC

>> No.30419457

>>30413614
2 digit IQ

>> No.30419648

>>30415734
How new are you

>> No.30419978

>>30413614
bump
my bags are so goddamn heavy

>> No.30420214

So if i'd bought some in October for example, would I be up or down? It's hard to know with this coin seeing as the amount you own changes

>> No.30420482

>>30420214
just look at the market cap of it
if market cap lower by 20% you lost 20% of your investment
up 50% you gained 50%

>> No.30420669

>>30420482
This. The point of scample is that the price itself is decorrelated with everything.

>> No.30420824

>>30413614
yeah, people have no iq to grasp it though, this will just slowly creep its way up the ranks and people will ask: how is it possible, its always at 1.1$. kek

>> No.30421307
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30421307

>>30413614
Welcome to the club anon.
In all seriousness most midwits here will undermine the amount of economic theory behind this coin, they will not see the forrest from the trees until it is too late. My only concern is there isn't a large enough community at the moment and is not really on any notable exchanges.

>> No.30421837
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30421837

>>30421307
Big enough community for them to remove the proxy contract and hand over governance to the AMPL community

I think there’s a lot going on behind the scenes, lots of huge DeFi names are advising AMPL right now like _coiner, I think people like him know DeFi needs a base currency to be truly decentralized.

This year is gonna be insane, I’m in tears, this is what it must have felt like to buy bitcoin at $10

>> No.30421891
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30421891

>>30417777
When the market cap action is mimicking the movement as outlined in the Red Book nearly perfectly...

>> No.30422162

>>30421891
what's the suicide/make-it stacks?

>> No.30422226

>>30422162
Suicide = 0.001%
Make it = 0.01%
Fuck you money = 0.1%
Rothschild tier = 1%

>> No.30422318
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30422318

0.1% - APEX AMPLER - THE HUMPBACK HONCHO
0.075% - SACRED SALTWATER CROC
0.05% - OTHERWORLDLY ORCA
0.03% - SHAKESPEREAN SILVERBACK GORILLA
0.02% - WISE WHITE TIGER
0.01% - RABID RHINOCEROS
0.0075% - HUMBLE HAMMERHEAD
0.005% - WORTHY WOLF
0.003% - BRAWNY BARRACUDA
0.002% - BASHFUL BARN OWL
0.001% - AMAZIN' ANACONDA
0.00075% - WICKED WOLVERINE
0.0005% - MIGHTY MUSKRAT
0.00025% - KEEN CHAMELEON
0.0001% - GREEDY GRASSHOPPER
0.00005% - AMPLE ANT
0.00001% - FUNKY PHYTOPLANKTON

>> No.30422344

>>30422226
0.0022% here
i've got so many suicide stacks in things though that hopefully all together i don't kys myself

>> No.30423090

>>30422344
No reason not to go all in on AMPL

It’s going to be the base currency of DeFi. It’s just a matter of time like with bitcoin, as soon as bitcoin was created it was destined to be successful. Same with ETH. And now we have AMPL. The only three cryptocurrencies that are TRULY revolutionary.

All you need to know about how game changing this is to look at all the copycat rebase tokens, yet none can compete with the king.

>> No.30423187

>>30413614

Kek has spoken:
>>30423000
>>30423000
>>30423000
>>30423000

$3 EOM guaranteed

>> No.30423425

>>30423187
More like $1 eom guaranteed (and that’s a good thing)

>> No.30423571

>>30422226
>Rothschild tier
He knows

>> No.30423728

>>30423571
Don’t like the schizoposting yes ofc I know about the Niall Ferguson connection but if the elites just buy up all the AMPL it’s not exactly a good thing

>> No.30424305

bros i dont wanna feel another negative rebase so soon tell me we're not going that way

>> No.30424471

I dont get the geyser thing at all. Can anyone explain it?
Also any of you use ampl in a liquidity pool? If yes, which ones?

>> No.30424720

>>30419978
how much down are you? are you farming geysers? we've had a streak of neg rebases that cut down supply by almost 20%. If you didn't sell you're down by 20%. If you sold bef the dump @ 1$ and rebought now you'd have increased your stack. It's hard to time the momentum sometimes but general rule is to take some profits when price is @ or above 1.20$ and rebuy below 0.9

>> No.30424861

>>30424720
now only down like 4 thousand but i was down like 6-7 thousand during some of the lower parts
but i like the idea too much of it to sell so imma hold, besides selling i don't want to imagine the tax headache from it
is there a tokentax or something similar that covers ampl? i probably won't sell until something like that exists

>> No.30425519

Ok, I bought 5k. This shit actually looks like it might be huge.

>> No.30425586

I am looking at their whitepaper section and realized I read and heavily cited that Selgin paper for my master thesis. Heh.
Pretty smart concept, wish I had picked this up earlier.

>> No.30426099

always liked the idea of this coin, but did not enjoy getting fucking dumped on this summer by the institutional investors

>> No.30426148

Is there any reason to stake AMPL btw? Like what's the roi on that?? Is it worth it?

>> No.30426555
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30426555

Guys, its time

>> No.30426678

>>30426148
If ampl is stable or below a dollar go in the geyser

If ampl is above a dollar you hold

Ez pz

>> No.30427001

Can anyone explain why its going to be so good to borrow and lend ampl on the Yield app? Is it because if I borrow 100 ampl if ampl is at 2 dollars and then the price dumps to 1 dollar when I need to pay it back then I only need to pay 50% of the loan to pay it off?

>> No.30427551

>>30426678
Ok, but how much can I actually earn in the geyser?

>> No.30427634

>>30413614

Its just a fixed supply coin, where your balance is multiplied by market cap.

Its actually kind of retarded. People already think this way with bitcoin, they think of how many $$ of bitcoin they have.

There's also benchmark (mark) that is the same thing, but then they came out with xmark which converts to/from mark but is "adjusted" so they've literally come full circle back to a normal fixed supply coin lmao.

>> No.30427733

>>30427634
How do you denominate things in BTC?

>> No.30428017

>>30427733

Just divide by price of BTC. Oh, something is $10? Device by price of BTC, that's how many BTC it is. AMPL literally just does one division for you. That's it. Oh, and when you want to stop fixing things to a dollar, then you have to redesign the coin to change how its adjusted.

>> No.30428084

>>30428017
But bitcoin is deflationary so there’s no incentive to spend it when you can just hold it.

>> No.30428237

>>30428084

Well, for inflationary currencies, what is the incentive to accept it for anything?

But that is besides the point, AMPL is technically deflationary because by holding AMPL your balance will grow over time.

>> No.30428684

>>30428237
>AMPL is technically deflationary because by holding AMPL your balance will grow over time.
It will continue to grow until there is no incentive to hoard it.

>> No.30429083

>>30428684

do you get how it works? you're AMPL balance will go up and down automatically depending on AMPL's market cap. If the market cap is increasing over time, then your AMPLs will grow.

its literally just a coin that multiplies everyone balances by the marketcap

>> No.30429196

>>30429083
>AMPL balance will go up and down automatically depending on AMPL's market cap. If the market cap is increasing over time, then your AMPLs will grow.
It will reach an equilibrium point where supply growth is negligible so there is no reason to hold

>> No.30429267

>>30413614
Read Hayek Money: The Crypto currency Price stability solution by Ferdinando Ametrano, that's what made me realize just how inevitable ampl is

>>30415734
Based retard

>> No.30429372

>>30421891
What book?

>> No.30429459

>>30428237
iirc ampl is both inflationary and deflationary at the same time given different market conditions

>> No.30429853

This is the biggest project on the planet. People will eventually be forced to knee.

>> No.30430197

>>30429372

The red book. It's on the Ampleforth website

>> No.30430671

$1 EOY

>> No.30431669

>>30430671
it actually is already 1$ anon
but
why do they perform poorly compared to Reserve for example?
i mean, they had a neat spike, but they crashed and now it keeps bleeding

>> No.30431823
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30431823

>>30418516
>paper not written in latex
retard

>> No.30431968

>>30431669
$1.01 EOY