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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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20756617 No.20756617 [Reply] [Original]

Anddddd here we go, back on our daily 12 hour climb to 2.50

>> No.20756652

>>20756617
This chart becomes more accurate by the day

>> No.20756701

>>20756652
Midwit swingers will get JUSTed. People who milk the positive rebases will be very wealthy when this stabilizes to $1

>> No.20756777

>>20756701
I've joined in on the 4 day fudding because without fail people dump. I've gained .004% in wallet since last night.

>> No.20756866

>>20756617
I think it's more likely we'll crab for a day before hitting 2.50 again. Although buy pressure has been so strong it might do that a lot sooner, and then we'll breach $3 again.

>> No.20757050

>>20756777
checked. and fuck you

>> No.20757104

>>20756777
how much fucking ample do you have?

>> No.20757141

>>20757104
Between 0 and 75k.

>> No.20757179

>>20757141
oh fuck you man i only have 8912 and just bought in 2 days ago. I almost put 20k into it 2 weeks ago but im fucking retarded

>> No.20757278

>>20757179
I've learned that fud is a huge buy signal after a dump 99.9% of the time. Idk if it's too late for you to buy into it at that price, but if we have another huge dump and AMPL doesn't die go all in.

>> No.20757361
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20757361

>>20756617

>> No.20757489

>>20756617
this feels a little different

>> No.20758018

>>20756777
Checked and well swung you fucking cunt

>> No.20758072

Who's excited for their first capitulation and negative rebase in 3 days!!!

>> No.20758147

which is better? liquidity on uniswap+stake on geyser or hold in wallet?

>> No.20758194

>>20758147
Hold in your wallet if you want the most AMPL

>> No.20758356

feels like demand has fallin a bit, no? this will probably dump

>> No.20758414

>>20758356
No, this is just the end of the week long cycle. Whale sell off happened, autistic posters on biz are spamming with fud out the ass (so they can accumulate cheaper). Give it a day or two and you'll see it pick back up. This happens every week. Look at the chart for yourself. Market cap itself continues to grow.

>> No.20758468

And we're back
Good job biz for trying to fud this again

>> No.20758628

>>20758468

Feels good, got to load my bags at a discount

>> No.20758632

>>20758072
This. A lot of newfags and moonboys about to panic dump this when the negative rebase occurs. Hope you’re not stuck holding then

>> No.20758680
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20758680

>>20758414
What happened here? Genuinely asking

>> No.20758684

>>20758632
>A lot of newfags and moonboys about to panic dump this when the negative rebase occurs
good
Negative rebase = circ supply decreases = scarcity
In order for that to happen the price has to be low correct? I'm sure even you can see why that is weak fud

>> No.20758709

>>20758632
You know the rebase is determined by the oracle rate, which is an average, right? If there ever is a negative rebase (which is highly unlikely at this point), 1. it wouldn't happen immediately and 2. it would require multiple days below $0.96.

>> No.20758719

>>20758680

Monthly investor token unlock leading to hilarious levels of fear and panic

>> No.20758730

>>20758684
Scarcity won’t matter if demand is vacating due to negative rebase. You’re forgetting this market is dominated by literal brainlets. What do you think they are going to do when they see price decreasing, then log into their wallet and see the amount of AMPL also decreasing? Lots of emotional retards out there, all I’m saying is I wouldn’t be caught holding this when the negative rebase goes down

>> No.20758762

>>20758730
>I wouldn’t be caught holding this when the negative rebase goes down

Good thing there would be days of warning before a negative rebase could even mathematically happen.

Also, we've been in negative rebase territory before. Guess what happens? The price goes above $1 and the climb begins again

>> No.20758764

>>20758709
Multiple days? Where are you getting this? Oracle requests pushed on chain every few minutes or >1% deviations automatically. Would just have to be below $1 by rebase time (10 pm EST off top of my head?)

>> No.20758781

>>20758764

The price would have to be trending down forever to even get into the neighborhood, and further the price would have to be under $1 for the majority of the day before a negative rebase would even be possible.

>> No.20758805

>>20758730
You're not wrong. The fact still stands that we are relatively early. Maybe this does go thru a cycle of capitulation, no one can say what will happen in the future. But this has to mechanics to overtake a large share of the market so to not want to buy a larger share of the total cap seems kind of insane to me.

>> No.20758821

>>20758680
Like I said, it's part of the cycle that AMPL goes through. We started pumping over 4 days ago. What happens is the price starts to peak and then whales sell, and then you get a day of crabbing. Every. Single. Time. The only difference this time is that someone found that Medium article about the token release schedule (from last year) and managed to turn it into fud that may or may not have actually caused people to panic sell. More likely is that BTC has been rallying and a number of whales decided to chase that, coinciding with the cycle as I described. The sell off happened a little sooner this time for the above reasons. Anyway, we'll be back to $2.50 within two days.

>> No.20758828

>>20758781
Trending down forever lol? Down 22% overnight. Another 20%+ and you’re flirting with a bunch of retards capitulating. Don’t get me wrong I’m bullish on AMPL just have to be realistic here

>> No.20758855

>>20758805
True. Just have to hope the masses of retards aren’t onboard by the time it experiences its first negative rebase. A few here and there are fine but when your bagholders are dominated by emotional moonboys, a negative rebase is a recipe for disaster

>> No.20758927
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20758927

>>20758855
>>20758828
>it experiences its first negative rebase.

See, the problem is, it has experienced many negative rebases. The last one was about 6 weeks ago.

And yet, the coin's somehow not dead. In fact, the price rose above $1 and now we're where we are.

That's the problem, literally anyone can just go look at the chart and see that you're either retarded or lying.

>> No.20758951

>>20758764
Oracle is based in a 24 hour volume weighted average. To hit negative rebase the average price of every trade in the day would have to come out to less than .96. If the price dumps right before rebase the average will still be higher. If we're heading for negative rebase it'll be preceded by a lot of sub-$1 price points in the 24 hours preceding 10pm EST.

>> No.20758955

>>20758927
You’re right. First negative rebase since gaining the spotlight. I wouldn’t consider the previous rebases very legitimate especially when considering the volume at the time kek

>> No.20758999

>>20758955
Legitimate in the sense that barely anyone but a few high IQ anons and insiders knew about. Now you have the wave of YouTube and CT retards flocking to the protocol

>> No.20759006

>>20758955
>btfo
>b-b-b-b-b-but

lol

>> No.20759049

>>20759006
Wasn’t volume sub $100k kek? I know you’re poor but there’s a few anons here trading with real money

>> No.20759163
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20759163

What the fuck do I do? Buy 1 ETH worth at $1.80 and just sit on this for a couple months? I remember buying before $1 and selling it.

>> No.20759194

>>20759049
>b-b-b-b-b-but

If demand goes below supply, supply contracts until there's equilibrium. It's happened before.

Right now, we're alternating from demand massively outstripping supply to demand only strongly outstripping supply, so you'll forgive me if I'm not panicking yet

>> No.20759273

>>20759194
This is a completely separate tangent kek. My point was the intial negative rebases were irrelevant because the market as a whole didn’t know of AMPL, as evidenced by the weak volume when the rebases occurred. My point was you’ve never experienced a “real” negative rebase when you’re in the spotlight and are now introduced to thousands of emotional retards who would panic at the thought of an asset losing value while losing ownership stake in said asset.

>> No.20759390

>>20759163
Price doesn't really matter for AMPL really... it's all up to demand and more people buying. Think of it as a snowball rolling down a snowy hill.

>> No.20759460

>>20759273
>b-b-b-b-but
>frantically backpedalling and lying

You forgot to delete your old post
>>20758855
>Just have to hope the masses of retards aren’t onboard by the time it experiences its first negative rebase.
>first negative rebase

You've got no fucking clue what you're talking about and your desperate grasping at straws ain't convincing anyone.

Negative rebases have happened lots. The run we're in right now is after an extended negative rebase. You didn't know this but you're trying to argue.

If the demand for anything goes down, the price goes down. If it goes down below the point that people are willing to take losses, they will sell. There's nothing new here.

Except of course that this is the one thing where, if the price goes below a certain level, the price automatically starts to rise. Like it has before. So the supply contracts to meet demand, with the token price automatically rises. Hey, that sounds like it might attract some buyers! You know, like it did before!

Actually, I guess you're trying to argue that the people who iron handed through the last period of negative rebases are making crazy money right now, strong FUD indeed.

>> No.20759486

Is it possible for AMPL to go up to $5 or even $10 once the massive fomo begins? This shit can gobble up billions once people hear about it and understand it

>> No.20759575

Why does my Metamask say my 145 AMPL is worth $273.41 USD when the current AMPL price sits at $2.315 and it should calculate to $335.675
Where can you check the daily rebase percentage?

>> No.20759581

>>20759486

Yes, but that would require a billion bucks to flow into the project in a day.

>> No.20759601

>>20759575
>when the current AMPL price sits at $2.315 a

lol what

>> No.20759652

>>20759575
You're looking at the oracle price, that's just an average for calculating rebase. If you want current market price check coingecko.

>> No.20759687

>>20759652
Duh! Thanks anon. Still trying to get a hang of this

>> No.20760746

>>20756617
pamp it slowly

>> No.20760937
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20760937

>>20759194

>> No.20760944
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20760944

What if every rebase really is a taxable event...The more I think about it the more I think it may be true
>buy 1000 AMPL initially
>rebases over a few months to 1M AMPL
>sell it for $1M
>pic related
I'm scared

>> No.20761501

>>20760944
just cash out at bitcoin atm retard

>> No.20761538

Dictionary definition Ponzi.

>> No.20761830

I have bought

>> No.20762016

>>20758821
Nice. A fellow high IQ. You should join our TG so we can converse. T.me / cryptok3k

>> No.20763038

>>20756617
WE ARE BLACK

>> No.20763082
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20763082

this is where i sold 70% and probably did a big and expensive mistake but whatever.

if you look at marketcap chart, we are in textbook peak euphoria.

i wouldn't be suprised if we see big down run from now. so i secured some of my profits and i recommend you to do same. not all, maybe but some.

but i wouldn't be suprised either if we just keep going, thats why i left some for free run beyond moon or zero

>> No.20763094

>>20756701
This. I have made a huge excel calculation and If it goes down to 1usd and I only get 5% rebase on average which would be one of the really unlikely cases, I would still make a huge profit in the next 30 days. and since geyer is still going 60 days and people wanna get the rewards, we can expect this to stay over one dollar for at LEAST the next 30 days. This is what makes this thing a 100% profit (if you dont have paper hands)

>> No.20763190

>>20763082
Probably gonna be kicking yourself shortly. It’s okay though just hold whatever’s left and sell when it hits the amount you want

>> No.20763274

Look at coingayco chart 7 and 14 days. Going up today or tomorrow for sure. Get it while it's cheap /biz

>> No.20763515
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20763515

Can someone please explain to me how we make money if this always goes back to 1$ while adjusting our supply accordingly?

t. Barinlet

>> No.20763578

How do i access the geyser, it says insufficient WETH balance, do I need to add a minimum in AMPL for it to work

>> No.20763865

>>20756617
when is the best time to buy
im rich but a little stupid

>> No.20764211

>>20763865
Now, I made the mistake to DCA in. It is compounded returns

>> No.20764226

>>20763515
thi time its going to $0.5 and destroy all the circulating supply. watch biz experience financial destruction

>> No.20764245

>>20756652
I'm more proud to have created this meme than of my PhD thesis

>> No.20764342

>>20764245
any predictions when it will be listed on a new exchange, based anon?

>> No.20764371

>>20763082
>not checking the log chart
Were moving in a steady pace.

>> No.20765137

>>20764371
it's time
I'm not even worried

>> No.20765731
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20765731

DR;CR (didn't read; collecting rebases)

>> No.20765779

rebased and repilled

>> No.20765919

>>20765731
kek me too imagine selling anything above 1 USD

>> No.20766055

>>20759194
>If demand goes below supply, supply contracts until there's equilibrium.

the problem with this retardedly misconceived micro-econ outlook is demand and supply can shift independent of each other for a variety of reasons.
Just because supply contracts, doesn't mean demand will not further contract in part due to the mechanism that contracts supply. There are other economic factors you microecon midwits forget to include when considering the broken tokenomics of this shitcoin, but whatever.

>> No.20766650

>>20764245
based anon

>> No.20766720

>>20756617
https://twitter.com/samkazemian/status/1287700829202337793

>> No.20767122

>>20766720
>https://twitter.com/samkazemian/status/1287700829202337793
lol he doesn't even know that negative rebase doesn't exceed 10% what a retard

>> No.20767856
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20767856

>>20766720
Bros I dont feel so good...

>> No.20767966

>>20767122
>>20766720
sorry apu i'm not reading 48 tweets

>> No.20768167

>>20766720
She didn't bother researching
She wants to release his own token similar to AMPL
relax /bizlets, this is a textbook example of pajeet fud

>> No.20768198

>>20766720
>someone in the thread calling him out for being bullish in the telegram
top kek, fudders tryna fanaggle lower prices i tell ya

>> No.20768865
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20768865

>>20768167
>https://twitter.com/samkazemian/status/1287700829202337793


https://twitter.com/samkazemian/status/1287700829202337793
https://twitter.com/samkazemian/status/1287700829202337793
https://twitter.com/samkazemian/status/1287700829202337793
https://twitter.com/samkazemian/status/1287700829202337793


you have been warned this is a 4chan coin


pump it then dump it

>> No.20769047

>>20763515
Well anon, if your successful supply is adjusted automatically, that means you are likely to end up with more tokens, doesn’t it?

>> No.20769152
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20769152

>>20768865
>>20766720
Meanwhile this is him in the Ampleforth Telegram. He even admitted that he was trying to get cheap AMPL. Don’t get shaken out this easy.

>> No.20769435

>>20769152
lol 2 dollar ample will overtake bitcoin yes of course this is the millionth time an erc20 token will kill bitcoin of course yes

>> No.20769464

Wtf 1.65 fuckkkkkkkkkkk

>> No.20769481

I think it needs to hit $1.50 first

>> No.20769669

Lel, we are going to crash frogs

>> No.20769686

https://etherscan.io/tx/0x3bf170efd3a97ba01f4aceaa9495f86a12396850f9312cc720d25ec73d4de293

>> No.20769713

>>20769686
That chucklefuck is cashing out in 20k AMPL chunks at a time

>> No.20770018
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20770018

>>20769152
whales are slowly selling in medium size chunks cashing out

while the idiots are fomoing in and buy the dip lol kek

>> No.20771142

>>20763082
Use a logarithmic chart, it's more reliable in terms of percentage gained.

>> No.20771187

>>20769713
there's a guy that's been cashing out 1 mil a day for like 2 weeks lol

>> No.20771983
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20771983