This replaces the Central Banks. Do you get it yet biz?

where does it go from here? whats the short and long term price target? does it stabilize somewhere then?

No one knows user, all we know is this is pretty fucking based

The price target is always 1$. The market cap target is 100m by the end of the geyser and 1b next year when AMPL becomes the base money of stablecoins and defi.

random guy here who stumbled on this thread. have about 350 dollars to my name. could I make it with this?

The price right now is 1.94
user I....

>he still doesn't get it

>Do you get it yet biz?
Yes. I got some finally

I usually wait to buy after the rebase dump but it's barely dumped during the past 2 days. I'm nervous of a collosal correction.

just buy more. It has gone down after rebase in the last days, just not this time. I think people inluding whales are enjoying the geser and positives rebase too much for massive dumps. I just bough an extra $500, I'm positive whatever happens it'll be profitable because few people are in the know atm and market cap will reach 100 mil over the next two weeks or so. This is LEND level based defi stuff

I have no idea what i'm doing but thinking about going in
What's your target if it "corrects"?

$1.50 during a correction. I'm not sure what happens next. It's unique that way.

AMPL will be a top 5 MC by EOY 2021. Screenshot this.

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I don't see much going below this price. Demand is too good. There is a lot to gain from holding. Every hour the ETH in the Uniswap LP is rising. This thing has good momentum and is growing stronger and stronger each day. At this rate, it won't be long till everyone in Crypto knows about AMPL, and if you don't, you'll be considered a total moron. My prediction is we actually go up in price over the next 12-18 hours. There simply aren't enough sellers to offset the hype. Get in as soon as you can. The crypto world is still not awakened to this just yet. When they do wake up, there will be a massive injection of capital, sending this thing flying. It will get so big that it could quite possibly take over a 1 year before we go under $1.10, and market cap could be multi billions by then. Basically, if I were you, I wouldn't risk missing out.

Where is best place to buy?

Still don't get this ampleforth / geyser thing. Can someone please spoonfeed me

uniswap

I don’t get it either...

you can put ETH/AMPL uiswap pool tokens inside the geyser, and you will get bonus AMPL base on how much you put in, and for how long.

So if you put ETH & AMPL in uniswap, you get uniswap fes, rebase bonus and if you put the uniswap tokens inside the geyser you get bonus AMPLE on top of that.

Only downside of using uniswap is arguably that some rebase aMPL will always be converted t ETH so that's bad if you want to go full AMPL (but dollar value wise, still a killer)

Is this worth it with say only $100? Poor student here.

hmm especially if you'd have to switch half to ETH the gains will probably be low. If I'd have to roll AMPL with $100 only I'd just get AMPL fast, earlier the better, hope for at least one or two weeks of goof rebases and then split into ETH AMPL for pool

So if price target is $1 then why the fuck should i buy this at $1.95 right now? Please spoonfeed me

I have some on KuCoin and Uniswap. Wtf do I do now?

Should I just hold this?

Because its wont go back to $1 for a long long time because the compound interest with geyser/rebasing is just too damn good. Not enough sell pressure.

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so how do i get this compound interest?

>spoonfeed
invest $1000 into ampl now. get 500 ampl
after rebases wind up with 5000 ampl worth $1 each when it stabilizes

tldr. stop thinking in terms of price. think of percentage of marketcap

Ok, but how do I receive that? What do I need to do to receive the rebase?

everyday its about 1.05 it pays 1/10 of overage as positive rebase.
price is 2, then (2-1)/10 = 10% rebase

everyday its *above*

also its automatic in your wallet

If a nigga holds it for no less than 4 years it’ll be worth it.

You purchase an equal amount of ETH/AMPL on uniswap then pool it for WAMPL (wrapped ample), then you go to geyser on Ampleforth website then deposit into liquidity pool. It took me a while to figure out, looked on youtube but its not too difficult but involves use of metamask. There are some youtube tutorials.

It's literally the definition of silently mooning, 5-10% daily returns as long as price is above 1 dollar. Keeping price from mooning so under the radar to normies but the protocol keeps your stack growing relative to the circulating supply.

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Is an exchange wallet ok or something like metamask/coinbase wallet?