Imagine not going all in when this was shilled here at $1.10

Imagine not going all in when this was shilled here at $1.10.

Also, the rebase rates for the past 3 days were 3.13%, 2.69%, and 1.19%.

But no no no Biz would rather fall for obvious scams like STA which anons are rushing to buy ropes on amazon now.

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ampleforth.org/basics/
twitter.com/SFWRedditGifs

So are you gonna talk about the tokenomics at all or just post shiny numbers with no actual substance

This shit is fucking retarded, the entire point was to make something that doesn't correlate to other synthetic assets? Supply contracting and expanding inside your wallet? It fucking correlates anyway because people trade them with btc how is this not immediately apparent?

you sound angry

>This shit is fucking retarded, the entire point was to make something that doesn't correlate to other synthetic assets?
Read
ampleforth.org/basics/

>It fucking correlates anyway because people trade them with btc how is this not immediately apparent?
Also just because supply is changing doesn't magically make it resistant to spikes in demand. Also other crypto is very divisible and protocols can be updated to divide them even further so what is the point?

Shh, no tears.
Only arbitrage now.

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This guy gets it.

The key winning principle of this thing, the only thing that truly makes it differentiable and unique, is that your % ownership of the money supply is non-dilutable, no matter how much money they print. If you own 1%, you can not be printed into irrelevance.

This is completely different than any other crypto currency currently and why it offers serious advantage over fiat, gold, and BTC.

Do you seriously think my percentage ownership of a fixed supply token has EVER changed or will EVER change? Do you realize how slowly bitcoins for example are created, and that there will only ever be 21 million?

Well, yes. As total supply increases, your % decreases. Moreover, BTC can't scale with demand, after 21 million, that's it. Which offers liquidity problems as a means of exchange.

AMPL offers the best of the three assets I mentioned.

Fiat - supply scales with consumer demand
Gold - relatively stable price
BTC - digital, fast means of exchange

But, hey, miss out if you want.

People are getting mad because they missed out being early.

Muh "fundamental analysis' says that AMPL is a scam, and no way there's something that can keep giving you MORE TOKENS EVERY DAYYYYYYY.

this thing is absolutely savage on a downtrend. the protocol burns tokens to try and up the value via scarcity, so in practice not only does each token decrease in value, but your stack gets smaller every day. this thing dumps like no other. beware anons

>tfw ching lee eats the last egg roll

But can you stake AMPL on Bancor V2?

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Wont deny that. But the EXACT opposite happens when its above $1.05.

>The protocol generates more tokens to hodlers so in practice, not only does each token increases in value, but your stack gets bigger every day. This thing pumps like no other. Beware anons.

A legitimate concern, but they've mitigated this through long term multi stage lock ups on whales (4 years in some cases). Additionally, look at the price history, the price has gone below and not death spiraled as it offers buy incentives on negative rebases (essentially get to buy up more of the network cheaper before price reset).

It did death spiral after the launch but that's because they chose an arbitrary initial mcap and it ended up being too high.

You need to work on your reading comprehension you fucking retard.

and by the way, the bitcoin protocol can update to split up satoshis into smaller and smaller units

Actually it doesnt correlate much with any other cryptos

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The geyser will ensure we're seeing positive rebases daily for the next 90 days

A death spiral would mean it goes to 0 or near 0, but it didn't, which is my point. It has serious private capital interest. I'm bullish especially with CB and FB on board.
I'm aware, and you're a literal NPC. I've been in BTC for >10 years.

u poor newfags will be bitching and whining once there is a negative rebase if u even know what the fuck that is

Imagine discovering $AMPL now and not buying at the bottom... Buy my bags Pajut!

I've been farming AMPL on geyser for almost a week. Xor is next

this is the literal economic perfect ponzi for Zig Forums.
just wait until Aave/Compound starts using it as collateral
9M mcap is nothing

Brah, I find it ironic that alot of biz anons hate this ponzi token, but they're dabbling in other stupid uniswap ponzi in hopes of being richer.

Not my problem though.

bamp

someone in the other thread said it best.

AMPL literally only solves the 0.00001 satoshis for a coffee problem

its cool and novel (sorta) but not as crazy as u all think

long term hodling beats stupid arb nerd faggotry.

t. bought 500 @ 1.18$

not gona touch it.

Exactly my entry and amount. Crazy. Kinda wondering how much it actually is now after a few days of rebases. Can't check because it's locked in the Geyser