AMPL

Genius or Ponzi ?

what if the whale top of the pyramid wanted to dump and the total marketcap decrease immensely thus decreasing the supply ?

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Might happen , but i think after a longer period now being positive and upwards momentum.

its very cyclical, historically. And now combined with their liquidity incentives, marketing releases, and just the HEAT on eth-defi right now... it should cycle up first.

Also, it's now HARD to dump it. 2 months ago you could dump $20k and dump it into negative. Now there is $1million liquidity in uniswap (8th largest pool on uniswap), and a $50k dump moves it down from $1.10 to $1.00 . And there are only 22 wallets with more than 50k tokens to be able to do this in one go...

Simply put, with the new liquidity, the whales havent made enough $ now - YET - to be able to do this.

who or what decided the "rebase" price or is it always ~ $1 ?

What do people mean by dump? Selling under $1 would be the equivalent of self harm. You never need to sell under $1. There will always be a buyer at $1

The supply shrinks and grows you mongoloid ,it can absolutely lose exponential money when it stays under a dollar.
Ask the people that bought at 50 million + supply.

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Rebase doesn't matter, token price * wallet balance stays constant through a rebase just like with any normal token.

the # of coins in your wallet decrease/ increase

god did when it launched

wallet balance does not stay constant from my understanding due to elastic supply

I said "token price * wallet balance"

Didnt read

Wouldn't it be better to just hold ampl rather than have to have half as less and add eth or whatever liquidity token?

no,. liquidity rewards are also going to scale up with 3 months constant price increase and supply increase and end up being huge.

this is exactly NOT what happens. read the "ampleforth redbook" kook, or we will take your $

All of crypto is a ponzi pump and dump. ALL

>ampleforth redbook
Bunch of hot air
Please tell me how "token price * wallet balance stays constant through a rebase" is false, since it is exactly what they themselves state in their whitepaper.

Can you take you mainstream media opinion away from here.

Oracle price @ $1.15 on the ampleforth rebase dashboard. Will be a 1.5%+ supply rebase tomorrow. 1.5% daily compound interest. Doesnt get any better than this.

>Will be a 1.5%+ supply rebase tomorrow.
With an equivalent drop in the price per token that you conveniently forget to mention.
Not just because noone in the real world is retarded enough to pay today's price for tomorrow's (inflated) tokens, but also because the rebase applies to the uniswap pool as well thus instantly adjusting the exchange rate there.

>Please tell me how "token price * wallet balance stays constant through a rebase" is false, since it is exactly what they themselves state in their whitepaper.

Maybe a misunderstanding between us.
The "rebase" is where the supply INCREASES across ALL wallets IF the price is above $1.06. The higher it is the more the supply increases.

Next one in 10 hours looks to be 1.5% , so any tokens you have now, have 10,000, tomorrow you will have 10,150 - theres no "price control/change" though, so whatever the market rate is. But supply does change, across all wallets , automatically.

What stays constant is your % of supply.

So hold 1% of the supply today worth $18k and at a $18million market cap, and in 90 days if market cap is $180million then you will hold 1% of the supply still, worth $1.8MIL.

Price drop isnt GUARANTEED, like the supply change IS. Its up to the market, the price change INCENTIVISES price action but it doesnt guarantee it - thats up to us traders/holders/speculators.

The idea is that long term it stays stable and acts efficiently, but at this low marketcap it could be quite volatile, or it could rise for an extended period of time (it has been cyclical for weeks/months in the past, rarely staying stable for long)

it´s not an opinion, it´s a fact

>theres no "price control/change" though, so whatever the market rate is
The market rate is what people will pay right now, nobody is going to pay the price of yesterday right now if the supply 10x'd in the meanwhile.
>What stays constant is your % of supply.
Yes but this is no different than any other coin, hence I'm saying the rebase doesn't matter.
>So hold 1% of the supply today worth $18k and at a $18million market cap, and in 90 days if market cap is $180million then you will hold 1% of the supply still, worth $1.8MIL.
Well yeah but if you hold 18k usd of bitcoin today and the market cap of btc increases 10x, then you will also have 180k usd of bitcoin. The "your % of the supply stays constant" is not some magical property of ampleforth, it is the default for literally any coin (ignoring mining rewards ofc.). (btw there's a 10x error in your calculation somewhere lol)

but the supply is elastic meaning it doesnt have a limit to how much one could own a % of the marketcap

that doesn't even make sense
I'm outta here, this coin is a retard magnet

Its one 2019 USD, not the current value of the dollar

i only got it like 2 days, it's fucking genius. Just staking for now, the effect of the rebase/swap fees and geyser is the best yield in the market, but in time I'll learn to trade it.

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you're usually right, but the fees you get from this baby going to 6M mcap to 60-100M mcap will be huge

Price increase is determined by the market through buying and selling activities. If buys are more than the sell, the price will go up. This information is then sent to the AMPL protocol. To return the price towards the target rate, the protocol will increase supply of AMPLs to incentivize holders to sell their AMPL on the market and drop the price towards the target. The protocol doesnt have a direct effect on the price but it can increase the supply of AMPL. Only buyers and sellers have a direct effect on the price.

People do buy tomorrows when price has already risen. It has happened before.

tldr. it gives you daily compound interest. people enter and exit at different times based on $ position size, trading style, and reading the market correctly or not, and emotion.

price has risen and people have continued to buy, infact $1m volume today...

day 1: you bought 1 ample at 1 dollar
day 2: ample is trading at 0,94, rebase will make supply go down 1,5% (your ample at the end of the day is worth 0,94)
day 3: you now have 0,985 ample, if it's still trading at 0,94, your token price* wallet is = 0,9259 (less than 0,94).

The idea of ample is that enough ample will be bought until it goes back to 1, or more and sooner or later you will have 1 dollar worth of it.

correct u get it :)

as a unique asset within the defi space, with genuinely unique economics of elastic supply, it is unervalued within this market right now.
expect 3x increase in supply over 3 months - conservative.
expect continued liquidity programs coming to Balancer and Bancor.
expect integration into lending platforms (when at higher market cap)
expect liquidity incentives for providing ampl liquidity into lending platforms.

your chance to buy into a future defi giant, with links to coinbase (brian is invested personally) and LINK - friends with Sergey (2 podcasts together, search for them), using link oracle for pricing and rebase stats.

how will you make money with ample?
very simple, it's a micro-cap coin stablecoin. It needs a large cap so flucutation ceases to exist (and people make money of fees, etc.). Maker is a 600M cap, this has a circulating supply of 7M rn, so it's effectively 7M mcap (varies if it goes over or under 1 dollar, but not significantly). You literally have a 100x in front of your eyes.

How does ample appreciate? If the value is over 1.05, there'a a rebase and you get more +1,5% (so there's pressure to sell and go back to one), you start to get a compound daily interest until it goes to the 100-1B (which is where this is headed). Nobody will sell because the appreciation is too good so everyday there will be a positive rebase. This ain't a pump and dump scam, this will gradually go up and you will make money of it, you will make shitloads of money with the fees on uniswap and you still get rewards on geyser.

don't miss this gem biz. Buy some eth and ampl and be a liquidity provider and deposit on geyser for at least 8 weeks.