/biz/ - Business & Finance

>>20695002
Yesh Anon you get it, however the increase in supply is meant to dilute the price back down to 1$. It's spread out over 10 days so the market isn't shocked, but 10 days is too long to let the price settle back down to 1$ because demand is too high. Too many people have huge boners, but the idea is once the supply gets big enough, those boners won't matter. And woila, you have a stablecoin

>>20695064
yeah, that makes a little more sense, so i guess the graph could be adjusted so the lowest possible price is $1 and the lowest possible demand (mcap) is 10 million i believe? it really does look promising as a stable coin and im definitely looking at cashing out for AMPL at the peak of the bull run

>>20695002

how is it a stablecoin if the underlying value is still constantly changing, regardless of the nominal price

isn't the entire concept behind this token a conflation of nominal price with real price?

>>20695105
the underlying value is changing, you always own the same % of the network, but it gets divided into more pieces

>>20695099
It can go as low as it wants desu. Price and demand interact directly with each other to influence supply and reach equlibrium

>>20695117

right. exactly what I said. so the nominal price stays the same, but the real price (the value) changes.

this provides no benefit - it's merely obfuscating the real value of the token, destroying price's use as an economic indicator.

this is merely a more convoluted version of a hard-capped coin.

>>20695117
That is not the definition of a stablecoin. Tether is a stablecoin, but can be inflated to displace your network ownership percentage.

>>20695002
>without having to pay insane taxes
Crypto to crypto is a taxable event

>>20695002
your second graph does not shw an accurate relationship between price and supply.

>>20695064
Based and boner-pilled

>>20695002
Just read the fucking whitepaper and stop making up bullshit about how it works. Your chart is retarded, not surprising coming from someone with an economics degree.

>>20695276
yeah but i just wont tell gubbermint

>>20695304
>not surprising coming from someone with an economics degree
ok mister ShitCoin Gambler™
>>20695288
how should it work instead? im trying to simplify the process because a lot of ppl on biz seem to be either fomo or disregarding it, few ppl actually talk about how ample works

>>20695304
This. It's not fucking hard to understand just read their Red Book

>>20695002
but sir your graph is just wrong you don't understand supply and demand. Your graphs do not make sense and should be organized in a more correct fashion. Also ampl sucks

>>20695309
Lmfao every rebase is a taxable event. Any burger holding this will be truly fucked

>>20695304
This, desu. OP lowkey fudding. Everyone fudding ampl now.

>>20695482
im australian not borger, tax is still fucked up here tho (47%)

Am I the only one who recognizes OP fucked up his supply and demand curve? What a retarded thread. I literally want to sell my ampl now no joke

Fuck off poindexter. I will hold my Amps. You're posting won't influence my decision one iota in one direction or the other.

>>20695743
If you're holding your AMPL, you're playing the game wrong.

>>20696101
>if you’re holding your AMPL, you’re playing the game wrong

Who cares about your autist degree and 3 years old painting, it’s a scam. It has to go up everyday so it won’t be at a negative rebase and lose all of your money
Be warned anons this one will hurt

>>20695482
Imagine declining a winning powerball ticket because you didn’t wanna have to pay taxes on it which would barely be a fraction of your gains. Imagine letting fear of taxes control your life and hold you back from making it. Imagine being a low IQ retarded faggot

>>20695353
i'm not sure how you would graph it to be completely honest. one example is a theoretical ideal scenario where trading brings price to the point where it would take numerous rebases to get below the threshold for rebase, and supply and demand are perfectly matched so that price drops the same percentage as the rebase. in this ideal scenario, supply increases while price declines.

how you could graph that, i'm not sure

I'm going to simplified how this ""estable""" coin works.

Basically, it's like putting money in a bag. When you buy their token you're buying a percentage of that bag and at the same time you're adding more money to the bag.
So if many people are coming and out their money inside, the bag keeps growing and growing. And so, grows your money. Remember, you own a percentage of that bag, so the bigger the bag, the better for you.

Problem, from the moment the rest of the people start taking the money out of the bag, the bag gets smaller and smaller. So it will reach a point, where you own a percentage of a bag, without nothing inside.

>>20696338

oh so exactly like literally every other coin in existence

>>20695534
crypto to crypto is a taxable event for ausfags too

>>20696118
He has a point, the rebases aren't going to be positive forever so you might as well sell while you're up on the free AMPL. Buy in again when it dumps.