/biz/ - Business & Finance

>>20552614
To comprehend why $AMPL can play an important role in the ecosystem, and become crypto’s Federal Reserve, it’s important to review a bit of history.
Crypto, up until this point can be divided into the following eras:

Crypto Pre-history: The Cypherpunk Age. Cypherpunks like David Chaum describe the history of things to come: Digital currencies, the fight for privacy and more.

Crypto Era 1 - The rise of Bitcoin. Bitcoin is created and technologists dabble in the technology. Eventually more and more people become interested in blockchain tech. The Occupy Wall Street Movement and the aftershocks of the 2008 financial crisis fuel the Bitcoin revolution.

Crypto Era 2 - The rise of Decentralized Computing (Ethereum): We all know the story, Ethereum is created and a distributed, decentralized computer, the Ethereum Virtual Machine, gives rise to thousands of tokens and expands the crypto ecosystem virtually overnight.

ICOs and Bitcoin’s rapid price rise lead to a crypto frenzy and the market reaches new heights.

Crypto Era 3 - Crypto Bust and Creating a New Foundation: The crypto market craters, many people leave the industry, developers hunker down to build products, many of them in finance

Maker launches over-collateralized lending and Bancor helps usher in automated market making. All of this work helps build the foundation of the new DeFi movement.

Crypto Era 4 - The Search for Yield and Crypto’s Liquidity Crisis: DeFi is utterly transforming how crypto natives use and view crypto assets.

>>20552624
In previous eras, they were content to HODL and wait for their assets to appreciate. With the rise of the DeFi movement, people longer have to do this. Previously idle crypto capital can be lent, borrowed and leveraged without the need to sell.

We are in a phase of the crypto movement I call the Search for Yield. Part of this search involves using stablecoins to escape the volatile crypto market, preserve capital and generate passive income. But the Search for Yield has had a negative side effect: A liquidity crisis.

The crypto liquidity crisis may not be obvious to many, but it is demonstrated best in Maker Dao’s struggle to keep Dai at its peg. The rise of yield farming has led to crypto users borrowing Dai at incredible rates in order to chase alpha. Maker has added additional assets, including WBTC which is in high demand. The printers at Tether and USDC are going at full force. But the demand for liquidity is outstripping supply and the most popular stablecoins have serious problems.

Tether is on shaky legal ground. USDC is useful, but it censors transactions, which goes against the Cypherpunk ethos. Dai struggles to stay-on peg and it’s hard to convince users to take loans, which are required to generate Dai. This liquidity criss needs to be solved if crypto is going to grow into a trillion dollar asset class. Some say Ethereum can play this role (along with Dai), but the main issue with generating Dai is that it requires Ethereum users to take loans out on their crypto. Not everyone wants to do this.

>>20552653
What about ETH? Ethereum’s growth (and maximum value capture) requires a successful transition to Eth 2.0, which is far from certain. ETH could grow in value to fuel the ecosystem, but the market is uncertain about whether it should be looked as anything more but (cheap) fuel. Wrapped BTC such as renBTC and WBTC can satisfy some of the demand for liquidity, but again, it’s a slow process to port over BTC value from the Bitcoin chain.

What’s needed is a new asset. Most importantly:

-It must scale with the growth of the crypto market

-It must be uncensorable

-It must be relatively stable

-It must be based on sound money principals


At present, $AMPL meets 3 out of 4 of these criteria. But, its value is not yet stable. And to gain stability, it must scale. $AMPL could be THE asset for crypto’s Search for Yield Era.

History lesson over.

>>20552685
So what is the Ampleforth Protocol?

In simple terms, $AMPL is a protocol that can serve as crypto’s Federal Reserve. Here’s how the Fed works (basically). Currently, the US dollar is the world’s de-facto global currency. Debt, contracts, stocks, bonds … everything — is dominated in dollars. It’s the world’s most trusted currency (for the moment).

This reliance on the dollar led to a problem: There aren’t enough dollars to satisfy demand. And, without dollars the global financial system would seize up. Ordinarily the rush to the dollar (and reliance on it) would cause the value of the dollar to skyrocket against other currencies. That would cause a lot of problems, so the US Federal Reserve prints trillions of dollars to inject liquidity into the market to satisfy global demand.

The Ampleforth protocol can be viewed as an automated Federal Reserve. It is a scalable synthetic currency that is not backed by collateral, only itself, a primitive like Ethereum and BTC. Like the Federal Reserve, the protocol expands when demand is high, and contracts when demand is low.

But, there’s a crucial difference: When the Federal Reserve prints dollars the first beneficiaries are banks. What do bankers do when they get money? They invest it into stocks, bonds and other assets. The Federal Reserve’s money printing has led to an asset bubble where stocks do nothing but go up.

As I mentioned before, the Ampleforth protocol has the ability to inject liquidity into the crypto ecosystem when demand is high, and remove liquidity when demand is low. This is all achieved in a rules-based, automated fashion with no human and political intervention. Unlike the Federal Reserve and bankers, the extra liquidity generated by the protocol (in response to demand) is given directly to $AMPL holders who are encouraged by the protocol’s rules to sell their tokens to the market. This helps transfer liquidity to the ecosystem (and achieve price stability).

>>20552706
$AMPL can’t serve as the crypto’s Federal Reserve unless the token has massive liquidity, to the tune of billions of tokens. So, the team has launched liquidity initiatives in order to encourage crypto natives to help grow AMPL’s presence on decentralized exchanges and help the token reach the scale needed to be used in DeFi protocols (through demand-fueled price inflation).

Demand for AMPL is high. The AMPL/WETH liquidity pool is currently Uniswap’s largest, and is generating huge fees for liquidity providers. Right now, like Bitcoin, $AMPL is very volatile. This is because the market cap for the token is low. Because AMPL delivers liquidity to token holders rather than bankers, people have gotten distracted from AMPL’s true purpose: Becoming the People's Decentralized Federal Reserve.

So, what’s up with this “free crypto” that people are so excited about?
Think about it in the terms of price appreciation.
When Bitcoin’s price rises, all token holders benefit from higher USD prices.

With $AMPL, when demand is high (people want to buy the token), instead of price skyrocketing (because of the protocol’s focus on keeping the price of the AMPL token relatively stable), the token’s supply is inflated.

So, capital injected into the protocol does not increase the price, it increases the supply. In other words, demand energy is channeled away from price appreciation toward supply appreciation.

>>20552735
Here’s another way to look at it: holding AMPL is no different from owning Bitcoin when it rose from $1000 to $10,000. But, instead of price gains, holders enjoy supply gains. The AMPL protocol is only re-directing capital’s energy from spiking the price (which only helps holders), to increasing the token supply (which can help redistribute capital to other sectors of the crypto economy).

This is just like capital provided by the Federal Reserve is expected to go from banks to other sectors of the US economy. The plan is for the $AMPL token to reach a large enough size to be integrated into exchanges, lending products, etc. And the team has launched liquidity initiatives, that are no different (in spirit) from other bootstrapping efforts, to do so.

So to sum up:
-What is $AMPL aiming to become?: A decentralized People's Federal Reserve that can solve crypto’s liquidity crisis with a non-censorable, sound (non-dillutable) currency.

-What is the end goal?: To replace Tether writing with $AMPL printing.

-Why do holders receive new supply?: When demand is high, instead of encouraging holders to hoard tokens, which leads to supply shocks, they are encouraged to sell surplus $AMPL for crypto assets that can be re-directed to other parts of the crypto economy, not stuck in wallets

As you can see, $AMPL is NOT a Bitconnect promising unsustainable ponzi-like gains.
The Ampleforth Protocol is aiming to be the People’s decentralized Federal Reserve.
The perfect asset for the Search for Yield Era.

ok

The more biztards don't understand or get the importance of it the better I feel. The next financial elite need to be smart not some incel that fell into a crypto cause of a.meme.

scam

>>20552614
16k AMPL reporting in

But answer this:

> wut about privacy?

I am picking up a small bag of XHV, just in case. Similar to AMPL, but not quite.

What the fuck is up with the gas fees? Ridiculously big

>>20552935
It is inevitable.

$1 EOY

So, compared to the MC at the rebase time last night, the MC today is lower. Does that mean we'll get a negative rebase today if it stays at this level? Or am I misunderstanding something?

another scam

>>20553799
Jesus fuck just read the docs.

We have negative rebase only if price per coin is <0.95$ at the time of the rebase.

>>20552685
>>20552685
theres nothing stable about it though
you cant stick your money in and expect it to have the same value in a month
to who should it matter that the value of the token stays basically level when its not something you can just do the equivalent of buying and sticking under your mattress

>>20553799
no, you only get a negative rebase if it is below $1

Dubs and I FOMO in

>>20552763
This is pretty wild, sounds exciting

What are some valid critiques of criticisms of this idea

id be bullish on ampl if it had a plan to make transactions quick private and cheap but its on fucking ethereum so its trash

>>20552614
i got 1700, whats the make it and suicide stack

>>20553974
My main criticism is that it's not there yet, for the vision to become realized AMPL needs to have a shitton of liquidity which currently doesn't have. It's the same criticism I have with BTC replacing the dollar, it needs a gigantic marketcap and liquidity for it to work. How we get there without real utility? Just by pure speculation? That's my main question.

Another criticism would be that currently the project is not decentralized enough, there are still admin keys and the dev team is a big single point of failure. Ideally you would want a decentralized Fed without a centrallized dev team and zero backdoors.

Nevertheless I think it's a very interesting project and experiment, and I would ballpark its potential in the same level as BTC.

>>20553748
you pay them **only twice** in your life, when you buy and when you cash out your make-it stack.

>>20552614
Oh how the tides have turned.
A week ago I was viciously attacked for trying to explain how AMPL works and why it is the path to financial freedom and now I am so happy to see that more and more anons will make it due to this asset. Very happy for all of you frens

Has this project had a big push from the crypto youtubers yet? Or is that still to come?

>>20554155
Are there other coins in the top 50 that have struggled with liquidity? I really want to know, not even ironical

>>20554567
Literally every coin, even in the top 10, struggles with liquidity. Even BTC can't stay stable when there is a single order size over $100M, which is something ordinary in traditional finance.

>>20552614

Based explanation. So simple, it is what the federal reserve/central banks have been doing for centuries. So many of you faggots dont get this.

A Rothschild dicksucker/biographer being on the team is just a coincidence.

>>20554566
Just a few small and medium sized channels.

Well done OP. Everyone who is thinking about buying Ampl should read this and make sure they fully understand what OP is talking about before they purchase.

Noob question here: If supply is elastic, how will the price keep going up? Doesn't that defy supply and demand? Pls be nice, trying to learn here

>>20555545
The price won’t keep going up. It’s just going up right now because demand is outstripping the negative price pressure from the rebase. Eventually the two will match and you’ll see the price fall down to 1.

So every day just before the REBASE happens I can just move a bunch of eth into it, get the rewards, take my eth back out

That way I get the reward without the risk of holding, would this work?

>>20555545
Supply is elastic and corrects on a daily basis with the rebase, not by the minute. If you're talking absolute price, it's because the desire for AMPL supersedes the correction applied by the rebase.
>>20555661
Is right. The rebase makes small changes over time to smooth out and overcorrections.

>>20555702
You will get justed the same as every other midwit who attempts this.

>>20555702
you're competing against everyone else who has the same idea. good luck actually yielding anything

>>20555702
And then everyone buys the bags when there's an overselling post rebase

>>20552614
Wait, it's not a ponzi?!! I'm cashing out right now!!

>>20555661
this is where i personally get confused. do i need to sell before that happens, or do i ultimately make profit (or eve break even) by riding the dump to $1?

Guess I'll just buy and hold then

How confident are you guys in this project, what percentage of your portfolio are you willing to put in

>>20556021
If the concept isn't clicking with you it's best to hold or stay out of the coin.

>>20556048
~60% in this one, dumped most of my other shitcoins for this. The number of wallets is still very low and this hasn't even hit FOMO yet. Whales dumping yesterday and causing little price impact was a great sign

>>20556021
Buy now 1000 AMPL at $3 each. Have in a month 10000 AMPL at $1. You do the math.

>>20552614
It's basically fiat crypto.

>>20556103
Robbed the kids piggy bank. He's all in.

>>20556103
It just seems too good to be true, that is what is stopping me doing any drastic changes to my portfolio, but I am pretty close to doing it... 60% is crazy

>>20556154

1k AMPL in 30 days rebasing at 12.5% would be 34k AMPLs

>>20554155
>AMPL needs to have a shitton of liquidity which currently doesn't have
If only there was a project that was launching an upgrade that essentially solves the liquidity problem...

ADAPTIVE. FUCKING. MONEY

A lot of people don't get it, but they should still buy anyway..... some will be too stupid to though

>>20556310

>>20556253
I was being conservative and it was just an example, but yeah.

> Can be cryptos federal reserve
> Just needs to be many billions in market cap
> Because it could be federal reserve, and because it COULD be billions in market cap = why it will be federal reserve and billions in market cap

>>20553082

How much do you make a day on rebases?

>>20556640

OH, AND NEGATIVE REBASES DO NOT EXIST! NOT UNTIL IT'S BILLIONS IN MARKET CAP GUYS

>>20556706
i know, it's exciting

>>20554155
>Just by pure speculation?
first its going to be used as collateral. the team is working on that rn

Crypto Era 5 - Fuck niggers and fuck the jannies

*dab*

>>20556699
It compounds. Last night I made over 2k AMPLs. Tonight will be even more.

Why would the price ever go up?

Why should I invest? They encourage you not to hold

>>20556103
i guess i just dont understand why there wont be a mass panic as soon as people see that MC and/or daily liquidity drop 10%. wouldnt everyone want to pull out until they stabilize?

1k ampl at 300m mcap is $100,000 at $1bn market cap

Few understand this

>>20557076
>get positive rebases every day just from holding
>literally no other crypto does this
>”they encourage you not to hold”

>>20557144
6. 𝚲 “It’s a Lambda you Burger!” What symbolisms/metaphors are invoked by using the shield pattern of the Spartan army and naming it Ampleforth?

>>20557076
>>20557132
This guy is trolling. Do you even know there's Ids bro?

Also, you can't math for shit. 1k AMPL right now is around 2500$, at a 1B MC that's a 3X, which comes at about 7500$

Fuck you.

>>20555702
the price dumps right after. check the price chart you'll see that there is a dump at around 10:20 pm EST everyday.

>>20557382
You didn’t factor in daily positive rebased

>>20555702
only if your fast enough. you would have to sell like within 10mins after

Gas fees toungue my anus

>>20557468
Well, those are unpredictable as we find our final MC, though yes, there;s some bonus there.

>>20557468
3x is 3x. They did factor in rebases brainlet

>>20552614
Simple.. It's a repeating pump and dump where you scam and dump on newcomers every cycle. Definition of a ponzi. Can't wait until this scam is delisted and goes back to zero

>>20557104
because even if they do you get positive rebases anyway so you have way more AMPL on the next leg up. You can be both a 'fast' and 'slow' trader on this as the whitepaper and redbook explain, but this is also the kind of coin you might wanna throw 1k into and check back in 2 months.

>>20557757
It's not "3x" because the number of AMPL you have increases which also increases the amount you get from each rebase assuming it's at the same rate or higher. You have to calculate it for every day to get the accurate amount. So over a long enough period of time it goes up substantially, and once you have enough AMPL you're also making a lot more from every rebase as well.

>>20557757
Ironic

tfw took the profits from AMPL and put it into CAP because I noticed how the defi influencers are accumulating it
proof:
>>20554954

buy here before the beta launches and it's an easy 100x
app.uniswap.org/#/swap?inputCurrency=0x43044f861ec040db59a7e324c40507addb673142

>>20557933
God, I fucking hate discord. If you want to shill your coin, do it subtly. That thread smells of pajeet.

>>20557933
I can smell the curry from a mile away sanjeef.

>>20557933
I own 250 cap. Already in profit and will leave them for death or glory. Aint shit on AMPL though

wth is with the geyser deposit fees

>>20557772

who is dumping on newcomers? anyone with half a brain is holding this for months and months

what's a suicide stack?
also i have ampl in my metamask do i have to stake anywhere for rebases or does it just happen automatically

>>20552624
>become crypto’s Federal Reserve
HEX already is that

>>20559638
Keep it in your wallet and it'll automatically rebase

>>20559638
It happens automatically, even if you just leave it in your wallet.

>>20560033
based and checked

AMPL will shit the bed as soon as Bitcoin makes a large move - especially if its a move down. You're delusional if you think otherwise. I want a front row seat when this thing drops below $0.96, it will be carnage

>>20560201
Not gonna happen for a long time

so in 2 months this will have over $250bn market cap

and who are you going to dump that on? USDT?

gona reply?
in 2months this will overtake BTC, according to your amplecuck calculations

>>20560201
Look at the price correlation of this and Bitcoin. Don't be stupid.

>>20561582
>price correlation when BTC has been crabbing for a month+
call me when BTC either moons or dumps violently

>>20561431
This is assuming it moves at it's current rate.

>>20552614
>Is it a scam? No.
>Is it Bitconnect 2.0? No.
>Is it a Ponzi? No.
This but the opposite and actually.

y'all ever heard how stakenet's DEX will never run out of liquidity because it can jack into CEX's

>>20561618
Who cares? Whales make so much fucking money from this they'd honestly be stupid to pull out.

Some nice volatility lately. It almost seems swingable

>>20561656
I bought a bag and it feels like I'll be dumped on.
Feels like a leveraged ponzi. Shill it and the protocol reinforces itself and it enters into a positive feedback loop.
It is quite elegant though - the only path for success is people keep buying it. No moving parts like LINK.

>>20561618
but that would happen with literally any other coin, are you fucking dense?
seethe more faggot

>>20561683

Do it faggot

>>20558412

Yep, only place in crypto with high fees.
Pretty amazing huh?

>>20561857
there's a lot of euphoria that AMPL is somehow 100% disconnected from the rest of the crypto market despite not going through a violent BTC price movement since the geyser started

>>20561916
inb4 I rope myself swinging

>>20562009
its not totally disconnected, but it is the least one, your fud is a miserable joke, hope you realize that

>>20562082
no point talking to you since you seem to be a euphoric moon boy

>>20562154
I am not a moon boy at all, and you are a seething faggot

>>20562166
>absolutely unable to process any opposing argument against your investment
okay kiddo

hint: you can't draw a solid conclusion on whether this is correlated or not with the rest of the crypto market by looking at ~month of price action

>>20562279
It wont be uncorrelated truly until its MC stabilizes. We are not there yet.

Just realised an mass sell off is never happening. Nobody would buy Links for 8€ or BTC for 9000. Ampl will always be affordable. You can't get priced out. There will always be buyers. It's absolutely brilliant.

>>20562279
>>20562082
seething faggot and also 0 iq, stop embarrassing yourself, retard

>>20562279
AMPL holder here and this is correct. The span of relevancy of AMPL is temporally insignificant compared to the major coins. Using that as a primary indicator of anything at this point is a little weak. It'd be more effective to track the trending of AMPL and other DeFi cryptos (de correlation is weaker here but that's a gut feeling)

>>20562399
Also correct

Pic related
Profits after holding $1000 AMPL investment for 60 days.

>>20562427
got in to geyser on day 4, hold 0.0096% of supply
sorry to see that you're too emotionally invested in your stack and can't accurately gauge risks to your investments - NGMI

>>20562449
nice to see a bit of rationality for once
AMPL threads turned to shit 2 weeks ago

>>20552935
I don't know what AMPL does, I just bought a bag cuz its a LINK customer so I get to double-dip on my position

>>20553777
>nobody checks
shameful /biz/

>>20555545
Your AMPL balance is defined as:

A * B

Where:

A = your personal number
B = the universal number shared by all users

When you send AMPL, only A changes. For example, if A is 10, B is 5, and you send 10 AMPL, then your new A will be 8.

Each day, based on the price of AMPL fed to the contract by oracles, B is automatically adjusted by the contract as a way of applying pressure to the price towards $1. This is called rebasing. If the price is above $1, B is increased, which expands the supply. If the price is below $1, B is decreased, which shrinks supply.

>>20552614
>using the term 'redpill' seriously

>>20562406

Go look at the top wallets on etherscan and ask yourself, how many of them have sufficient amount of ampls to really push the price down? no one outside the top 100 would put a dent in price with current liquidity. how is that likely to change in the future (it isn't), and what incentive is there to crash the market when you're printing $10K+ a day. I'm having a difficult time figuring out how this thing actually stops.

>>20562459
If you're going to post something like this, you have to at least state your compound/rebase rate. It looks like you used a lowering rate from 20% rebase to about 10%? What's your reasoning

>>20562569
I've been posting that /biz/ needs to stop shilling this coin to the retards for the past week. You can actually see the how worse these threads are getting.

>>20562944
What's the take on attached being such large holders? Mostly curious,

>>20563056
>9%
Conservative average for the next two months

>>20563104
this is the shitcoin you are shilling right?

>>20563056
>You can actually see the how worse these threads are getting.
early AMPL threads were comfy as fuck
now they're filled with sub 100 IQ ESL third world pajeets jerking themselves off over "free money" from their poverty stacks

>What's the take on attached being such large holders? Mostly curious,
check the token vesting schedule
afaik the ecosystem fund is being used to juice the LP incentives

>>20563056
my take is that the founders, advisors, employees, investors have a large chuck of the shares, like every other crypto or business. and the incentive structure applies to them as well.

>>20563145
>>20563226
That helps. For anyone else interested in the vesting schedule:
https://tokensales.bitfinex.com/token-sale/5ce5b0ff0a6ddd82b38f8e0c/Ampleforth

>>20563138
H-h-he doesn't know HAHAHAHAHHA

>>20563324
It's alright he will FOMO later when we are already rich af.

>>20563138

Check the marketcap you fucking idiot

>>20562459
do you have this in excel/google doc form?

>>20559950
ngmi

>>20556941
whats ur stack size?

>>20563138
at that top my ampls were worth $30k
after the dump $14k
now $58k without even touching it once.
yes anon, I think that's the coin.

>>20556154
Or get burned and have 100 ampl at 1$ kek

>>20563511
This. Newfags don't realize you own a percentage of the market cap.

>>20559144
great optics using the lambda
>the virgin usurer jew vs the chad roman legion

All this wealth that's being created... let's say posters here are right and it won't dip too much and stacks can only go up. If you do try and cash out what would it crash??? BTC? It swallows up all the available USDC? I can't wrap my brain around what happens if it does become big and people want to realize their gains.

Wait for compound/aave/maker to allow it as a collateral, yeet out loans, exit to fiat?

If it gets big it'll get onto CEX's with fiat gateways.

>>20563855
>If it gets big it'll get onto CEX's with fiat gateways.
if it gets too big too fast and there's no fiat gateway during the first selloff that means something else crypto will take the hit. probably btc

>>20563511
initial stack size?

BTC makes no sense. Getting into BTC is too many extra steps compared to just ETH/ERC stable coins.

>>20563916
btc is dead. i havent used it in a year. itll be cashes out to eth or erc20

>>20562459
Is this just holding or putting them in Geyser?

when the geyser expires? how many days?

I have about 250k RSR, really considering just putting it into AMPL for a bit but i'm scared i'll get rekt

>>20563731
>I can't wrap my brain around what happens if it does become big and people want to realize their gains.
Supply/demand (price would decrease in your scenario)
Additionally:
Most high networth folks (me) are not so short sighted. After all, how did I make the $$$$ the first few times?
You just need a little imagination in regards to
1) the possibilities of this token
2) the probabilities of those possibilities coming true

Geyser is terrible as long as the price is going up like this (impermanent loss). Only like 10% of the market cap are in there, so people are generally aware of this. The Geyser isn't the only thing propping this up.

>>20563056
>What's the take on attached being such large holders? Mostly curious,
...the jews pretty much. Srsly just look at WHO created AMPL.

This is how they will take over crypto. They are currently draining all liquidity out of crypto with AMPL. If AMPL is going to 1#- They have won and now technically own 45% of the whole cryptomarket without mining a single bitcoin.

>>20564007
80 days, goy
https://www.ampleforth.org/geyser/

what happens when beehive expires?
do they make another one?

>>20564186
>>20564164
Also what is the difference between beehive and geyser? Im holding AMPL now for 10 days and I am to scared to put them in the uniswap pool or the geyser. What is the beehive?

thanks for this thread, OP

>>20564275
dyor. prob better to just hold in your wallet fren
https://www.ampltalk.org/app/forum/ampl-geyser-19/

>>20564275
just hold straight ampl don't bother fucking around with liquidity pools until bancor v2 gets released

>>20564043
I had 250k RSR too and put it into AMPL yesterda. I'm already up 2k, AMPL is a retard magnet, midwit deterrent and high IQ hodlers dream come true.

>>20564645
Done it

>>20564673
Good on you man, I showed my fiance who's a bank financier and she about shit her pants with the projected growth over even 30 days.

To be honest, to understand Ampleforth requires a pretty decent IQ, so 75% of biz will NEVER be able to even begin to comprehend it. But, they could just buy it and hold it and make money... lol

It's going to be amazing when this hits a 1 billion mcap and the price is the same.... they'll be so bewildered they may even stop masturbating to hentai porn in their moms basement for 10 minutes just to figure out what happened.

Idk what to expect from this board though sometimes... like, RSR lol... ahaha

>>20564645
u made 2k cash off 250k rsr tokens? or 250k$ in rsr tokens

>>20564991
Up 2k from selling off my RSR a few days ago and putting it into AMPL. I think I sold them for 3k, so I've made roughly double my money already.

>>20565041
wtf those gains are obscene

>>20565259
A big part people are missing out on is market demand. As the currency expands in value it also does in tokens. Well, people now have a buy-in point that cycles every 24 hours. I gained 15% AMPL from the rebase and they're valued at $2.30 after the rebase, but at the end of the night near rebase time they're $2.90+ each. Think about that.

>>20556706
How do negative rebases not exist? Are they just not doing them until some arbitrary point?

>>20564645

> retard magnet, midwit deterrent and high IQ hodlers dream come true.

Unironically this is why it's pumping so hard, all the midwits salty af missing all the gains.

>>20565371
they only happen when the price dips below $1

Dumbasses, what’s to prevent someone from not buying this shitcoin anymore. Once the soft peg is broken, it’s dead. Collateral is needed.
Seen nubits?

it's a fucking ponzi.. and NO ONE can convince me otherwise. There was same buzz around Bitconnect back in the day. 'iT's LiTeRaLLy FrEe MoNeY BrO!'

wait till the frenzy stops.. then get back to me

>>20565756
it is a ponzi but this pump event has to happen for the system to work. the only way to build liquidity.

>>20564275

Geyser wasn't allowing as many ampl gains. So they juiced the rewards and beehive rebalanced to 25% eth/25% geyser and 50% ampl. If I recall correct.

>>20565756
Comparing this to bitconnect is a bit low IQ lol

>>20564703
I'm terrified that RSR is gonna start pumping again tomorrow lol

>>20565901
Waaaaay too risky for me. A lot of people will lose a lot of money. Just wait til it reaches the fulcrum and the frenzy cools off.. i'll certainly have my popcorn ready

>>20565926
If the liquidity pool is migrated over to Bancor v2 this thing will fucking fly

>>20553799

>>20566051
just referencing the hype

>>20563554
Can happen, not realistically happening. You can pool at 1$ and pull out at the bottom with double the amount of AMPL ready to ride the next wave up. Also negative rebases are 10% if price is 0.01, so kek. BTC miners can stop, projects can fail, devs could rugpull you next 100x uniswap gem.

>>20563138
This is the state of AMPL fudders. HAHAHAHA

>>20563138
Are you joking, if not I’m gnna buy more because it means people still don’t get it lol

>>20560201
Low IQ doesn't understand orthogonal assets

>>20560469
What don't you retard fudders understand about liquidity pools? It will have well over a billion in liquidity when it reaches even $15 B

funny how it just started to become heavily shilled here. VCs are dumping

>>20566434
Wrong, VC tokens haven't even unlocked yet. Kinda wish they were dumping desu, but they're getting filthy rich and can only watch

>>20553082
>I am picking up a small bag of XHV, just in case. Similar to AMPL, but not quite.
my exact portfolio. based anon.

>>20565457
what prevents someone from not buying LINK or BTC?

>>20552614

Prize Pool is now at .26589 Ethereum $65.19 USD

Prize Pool is now at .23889 Ethereum $58.49 USD

>For More info: https://stateraprojectwiki.com/weekly-prize-pool/

>Prize Pool Holdings Address: 0x6B3659086698804d68A0BE3Db1c5270597Bf02ca

1. To enter the weekly raffle one would send .009 Ether (Roughly $2 USD) to the Prize Pool Holdings Address (0x6B3659086698804d68A0BE3Db1c5270597Bf02ca).

2. Maximum of 10 entries per wallet, .09 Ethereum Cap Per Wallet.

3. One weekly winner will be randomly selected to win the Weekly Prize Pool. The winner shall be identified by his Wallet Address. The winner will receive 90% of weekly ether received and 50% of weekly Balancer Tokens

>>20566956
shut the fuck up

>>20566956

.26589 Ethereum Prize $65 USD

Only .009 Ethereum entry fee

still have 4 more days to enter, winners announced each sunday

if mega millions can do it why cant we

why isnt there a crypto mega millions

for more info

https://stateraprojectwiki.com/weekly-prize-pool/

>>20556021
So I may be a retard, but basically if you want to make money you have to accurately predict what marketcap it will stabilize at when $1?

So if I think it will stabilize at around 1 billion AMPL, and the dashboard says there are 292 million in circulation. Then I can at least expect to have a bit more than triple the amount of AMPL once it stabilizes due to the rebases.

USDC is about 1.1 billion, Tether is 9.1 billion. So numbers between those two are a target for $1 AMPL?

>>20554513
where you the one that did the thread lookin for trips to name bitcoins replacement?if so thank you

holy shit braindead

>>20564007
>
team said its probably gunna be around long term tho

tldr. total scam

>>20567332
Target for ampl should be much higher than usdt.
Stablecoin cap is currently too little for the growing needs of the market. Currently worth a total of $12 billion. We need AMPL to serve as a way to rapidly increase the supply of a BTC-uncorrelated asset. We’re still very early in price discovery, so it’s hard to tell where it goes. But it can go much, much higher. The bigger it gets, and the more time that passes, it will prove itself as a more sustainable economic model for currency. And just as Bitcoin earned trust with a growing network of infrastructure supporting it, Ampleforth can earn its own. $100 billion is FUD.

The big problem with AMPL is that until it gets integration, the entire market cap is hot air.

Places like Maker won't admit it as a collateral when it's this volatile.

Until it's integrated, volatility/mad free moneyzzz is the only incentive to buy it.

It's a chicken or the egg problem in the making.

>>20570302
Maker is currently voting on it. It’ll pass.

>>20570398
Truth, bet more more partnerships coming down the line too

>>20564645
Fuck it's an actual new paradigm

>>20570302
it solves the chicken and the egg problem by itself
its a self-fuelling mechanism until it reaches a point at which it can be useful for stability

>>20564645
>AMPL is a retard magnet, midwit deterrent and high IQ hodlers dream come true.

People should stop asking questions and just try it out buy buying a little. You’ll understand why we’re all so excited about it once you get your first rebase. Stop asking about liquidity and price and just buy it god damn. We’ve literally been explaining the same thing to you brainlets in every Ampl thread for a month straight. How are there so many people who still don’t get it??

>>20570302
Compound already partnered though.

>>20570398
The comments I've seen in that discussion thread have been mostly negative. They consider AMPL to currently be too volatile mostly.

>>20570896
(Regards, a fellow rebase addict with way too much AMPL exposure)

>>20570896
It’ll happen

>>20562053
I went from 0.001% stack to 0.0005% stack. Would not recommend trying to swing.

this thing really exposed the massive percentage of brainlets on this board.

this is an incredibly simple protocol. it should just be people trading the market cap with some arbitrage opportunity between exchanges during the rebase.

but now it's called a ponzi because gorillions of brainlets think the rebase is compounding gainz or some shit

i think we should create a shadowfork "scamplefilth" that just violently rebases the supply to a price of exactly $1.009 per scample every night, with no extra mathematics thrown in. then they might understand

a big spider crawled on my wall and ruined my rebase excitement. Im so fucking pissed. I froze it with a can of butane

>>20571296
God. I've seen people thinking that rebase just negates losses. "I bought at 2$. If it goes to 1$ I should get double my tokens, right?"

>>20571477
and due to these telegram monkeys we will probably still see some violent -50% shakeouts from time to time instead of smooth growth. it'd be a shame not to harvest them

>>20571296
>but now it's called a ponzi because gorillions of brainlets think the rebase is compounding gainz or some shit

The irony.

>>20566056
RSR is $xrp for people who think they are smart...same bullshit asscoin

I cant believe im a part of this. Its too good to be true

Making so much money, we're all gonna make it lads

>>20571513
I would love to know the % of 1st world vs 3rd world AMPL holders. Given the poor state of English in AMPL threads I suspect it's 25/75

>>20553856
Literally addressed by OP stating that the coin won't be stable until it scales to having billions of coins. Of course it's not stable now, it's undergoing a massive liquidity bootstrapping effort.

Once it has a market cap in the tens of billions were not going to see them pumping in 15 percent rebases.

Stay poor.

I am broke and have like $25 max to put in AMPL. Is that too little to see any gains at this point or can I still profit somewhat?

>mfw we flip Tether
let the FOMO beginnnnn

>>20572780
Why not? It could be $100 in a week. Don't invest in something you don't trust with money you can't lose

I honestly don't get it, got to explain it simple so a dumb ass like me can understand it.

I thought the federal reserve for crypto is actually federal reserve? Cash into crypto.

>>20573670
number just stay same and number go up

>>20552614
Ok now i'm shaking

>>20552614
>The Ampleforth protocol is aiming to be crypto’s Federal Reserve.

literally makes no sense but a pump is a pump

they tricked mouth breathers into thinking a digital token is worth something
that literally the only thing backing up the price

the most jewish of scams

Bump

>>20559598
>anyone with half a brain is holding this for months and months

See - there are two opinions in this thread. One favors holding, the other favors selling every day. I can’t really figure out what makes the most sense here?

>>20576619
not the selling every day one. you do that only if you genuinely fail to grasp the concept of a rebase.

>>20576619
>One favors holding, the other favors selling every day. I can’t really figure out what makes the most sense here?
a 4th grader could figure this out

linkie refugees we have your back

>>20552614
it's a ponzi lol
except instead of the price it's visible in marketcap
that's it

it's not a stablecoin because there's no way to hold "$1 worth of tokens". If price falls down your balance gets cut.

>>20577042
retard

>>20577011
I was one of them, I feel so supported

>>20565352
How do you rebase or is it automatic?

>>20577478
at 4am european time you get it in your wallet automatically unless you are holding on a jewish exchange

>>20577488
Alright I'm a retard. What exchange is okl with then?

>>20577507
Kucoin is OK.

>>20577507
kucoin or your own wallet and swapping on uniswap

>>20552614
It 40x'd. Let it chill for a bit. NOTHING has 40x'd in one cycle in years. This was a golden goose. If you're euphoric take some off the table and wait 3-4 months.

>>20565881
most of us got in so early that we can't lose even if it went to 0.20 which it won't

>>20577042
Follow your logic then every single crypto is a ponzi because it may rise and fall in value. If you want everytime Link makes you 1000 bucks just divide by $1 and tell yourself you got airdropped 1000 link stable coins.....cause that's all that is happening. The reason this is rising is cause they have created something of value ie non inflationary primate currency which defi and the whole world needs and it kills you knowing you didn't buy it.

>>20577520


Most only 10-20x. The buying started at 8m mc. Half of the top 50 have done 100x in the last 12 months. I dunno why the focus is only on Ampl like there havent been many huge defi moons like Aave and Bancor etc.

Seriously thinking about going all-in. What is make it stack?

>>20577659
Also interested in this.

>>20577659
>going in a 40x on its first market cycle

dude. chill. buy ARPA and wait while this bleeds.

>>When the rebase period is over

Value of a currency is relative, increasing supply proportionally does nothing. Pnd targeting people who don’t get economics.

When do I get these UNI-V2 LP Tokens? How long does this take? Do I have to put some liquidity first?

>>20570902
what a fucking manlet.
KEK.

When is this getting listed on binance?

>>20577577
>Follow your logic then every single crypto is a ponzi because it may rise and fall in value
no, it's not a ponzi if there's some source of value beyond speculation.
Yes, almost everything in crypto is a ponzi, so ampl is not exceptional in that regard.

>>20552614
just buy rsr

>>20577520
Shit has not even started yet. Fomo will start soon, x100 to come

>>20577897
girls only care about power, if you are a poor fag and have no job BUT you're tall, that's the only thing that will get you laid.

but when you have power and money and aren't tall, that'll get you laid.

HAHAH poorlet

>>20553082
Damn check the trading volume for XHV relative to the MC. I was in AMPL relatively fast but this sunshine can do exactly the same. thanks for mention it brah

is 4k ample enough to make it? it's almost in the top 1000 wallets. im angry at myself because i saw this at 30m market cap and didn't buy. i can't believe how fast this has risen. crypto pisses me off sometimes. next time ill just buy and ask questions later

Europoor here, any exchange where I can buy this for euros? I don't want to swap or trade for another currency

>>20578471
No you need at least 15k as of today to make it.

>>20578471
Nano did x100 in 4weeks in 2017

>>20578698
I don't get $ until friday then Im all in Desu

i'd imagine whales taking profit once AMPL stabilises, creating a sell pressure. this shit will go into negative rebase territory and there will be blood on biz.

profits goes to AKRO when Delphi releases and thats when AKRO pulls the predicted LEND move and 50x

>>20578775
Akro has definitely a x10 potential. But this coin is quite tricky. It tends to correct 40% and make you waste your time. You have to ride to pump dump at the top and come back 10 days later. Otherwise you’re going to loose ton of opportunity. I got fucked big time because i could have bought ampl mid june but my fund were locked in akro waiting for it to moon. It never did. If i did go with ampl since the start i’ll be x40 from 20k$ to 800k$

>>20578775
A lot of whales already cashout. A lot of them are surprisingly dumb and do not realize the potential top 3 of this project.
I have seen some make the worst trades like selling 500k$ at the lowest 2,30$ lol.

ffffjisejiojeifjiaejf

>>20577488
Is kyberswap wallet ok?

>>20578946
profit is profit

>>20578698
nano was also impossible to cash out at the top
it was listed on some scammy italian exchange

>>20578676
No why now i have to gather more

>>20579091
0.01% was the original make it stack anon

>>20579066
BitGrail, when nano was still called raiblocks.

>>20571296
>scamplefilth
Kek that's a good one. The longer it doesn't catch on though the longer I'll be safe from dumps taking in 10%+ rebases along the way. A couple more weeks of this and the inevitable pump once word gets out about the money printing machine and I'll be fucking set

I'm out. Fuck this shit. Too many moonbois. See you at a 50% market cap halving.

>>20579107
I managee to accumulate 0.015% at one point but just managed to swing it down to just barely over 0.01%, this token has retarded strength.

>>20553777
kek, if OP's posts were true he wouldn't bother to post them here.


Just bought a stack.

>>20579107
How many ampl is that

>>20579911
Have you ever passed primary school fren?

You guys should check out PAMP, has the same potential as AMPL but only 2 millions MC

Do people not realize that if this coin succeeds, crypto itself succeeds... and if it fails than crypto fails? This is the liquidity solve that the space has needed.... all the major players in crypto have a vested interest in it’s success.... it’s the only chance we have at cracking the trillions for mcap of the cryptosphere.

Some of you will be surprised when this hits the billions in the next few weeks; but most of us won’t

>>20580775
Listen to him, people.

>>20580775
i dont understand what it solves

>>20579066
Hex did 150x

>>20581805
Literally nothing, the system is good at lower levels like now but it will get worse when it starts scaling up.

>>20580775
Absolutely fucking based