Ok, Im going to try and explain the genius behind this coin for everyone. For one moment put down your preconceived notions and just read, think and understand.
1. Growing economies need inflation. 2. The US had to get off of the gold standard because its economy was growing at a rate a gold back dollar was no longer feasible. 3. Now the FED generates new capital and distills it to banks to lend out.
Lets look at crypto world. 1. The crypto world is still in its infancy but it is growing. It is a growing economy. 2. We have seen the implementation of stable coins because of their use, etc. 3. However there is a problem. The growing crypto economy is going to very very soon out grow the stable coins. WHY? Because they have to be backed. 4. The crypto economy is going to desperately need INFLATION very soon. However it currently CANNOT reliably create inflation since stable coins are backed.
Insert the genius of AMPL. Because it works way back to $1 it provides some level stability of value without having to be backed by other assets. Its value is trust in the contract just like the USD is now. Trust in the US Gov. Its supply can increase to create liquidity/inflation into the growing crypto economy.
Simply put AMPL = FED. However in this case unlike the FED which is privately owned AMPL is publicly owned and the "printing" goes to the owners instead of the bankers.
I'll admit I'm salty for not buying in 5 days ago but this is going to dump hard when people start selling and I have no idea why nobody is selling yet.
Brody Perez
I knew about this coin when it was 1M and I ignored it because I didn't understand it now it is 64M and I am panic buying!! MOTHERFUCKER.... even if I missed out on 64x I will still be mega mega rich in the future
Lincoln Mitchell
>t.buffoon
Alexander Taylor
A lot of anons still don't realize that having a stablecoin backed by nothing is infinitely better than a stablecoin backed by fiat. I bought 3 months ago after reading the white paper. AMPL is fiat perfected and it will stomp stablecoins into the dirt.
Owen Brown
you what that means do you? A trillion dollar valuation, or what about 10 trillion dollar market cap?
Austin Reed
I keep trying to convince myself it can't possibly happen but I think it will. I've been thinking non-stop about this coin for 3 months straight and not posting on Zig Forums because I wanted it to stay hidden. Cat's out of the bag now. All you anons better have a suicide stack at least.
Because you are salty and aren’t thinking clearly.
Kevin Cook
>All you anons better have a suicide stack at least. How much of the supply do you hold? How much for a suicide stack?
Jacob Davis
It will be worth several billion. It won’t replace ALL stable coin market because theirs still value in a stable coin. However you need liquidity especially for finance which seems to be the future of crypto. This will be used by everyone. Also by 2021 if you can hold that long with the bullrun this will be insane. The thing the salty poster doesn’t understand is even though so many of us are in profit we understand the long term value of this and don’t want to give % for a few bucks here.
Joshua Sanchez
There’s*
Also we will break ATH and 3 bucks today.
Ayden Clark
I hold 0.015% of the total. A suicide stack is 0.001%
Josiah Clark
>tfw had 0.00965% before the impermanent loss started kicking in
Are people just riding the hype wave knowing that this will come back to $1 at some point? It's a bit off putting for new investors buying in to a supposedly stablecoin when it's way above $1.
How do you shill that to normies?
Easton Morris
It's called liquidity marketing player. And it's going on for the next 5 months at least
Jordan Evans
why 5 months?
Michael Ortiz
Maybe, or the market may be looking for a dip as AMPL is getting kind of expensive now. Which would be totally fine. I think there are plenty on the sidelines waiting for an opportunity to add more capital at a better price.
Jayden Flores
> I have no idea why nobody is selling yet
because, my nigga, here's the play: if everyone just holds forever, and never spends AMPL but just collateralizes against it as soon as it gets accepted on defi platforms (which considering it's growing popularity is inevitable), we are basically all just rich and getting richer and richer forever.
this shit has barely even pumped. zoom out. this will definetly go 1B marketcap or even bigger. sell after you see middle-finger sized burned candles in weekly/daily etc.
Even if it did, we'd be in serious profit. The longer the positive rebases happen, the higher the $1 floor is set. Currently, $1 puts it at $28mm. Tonight that will change to $33mm with the 18% rebase
Robert Baker
> looks at price Still not getting it friend
Jack Peterson
Is it too late to get in?
Dominic Sanchez
The current program will last another 70 days, but they have plans to do it again and again because it doesn't cost them much.
Brody Myers
i'd say no. you still get 10% rebases every day so even you buy now, you get profit.
David Martin
70 + 90 (3 month program) = 160 days
Juan Richardson
You don’t get it. When the price is high like this the rebase is greater. People aren’t selling now. Why give up a guaranteed 15% tonight?
Zachary Taylor
total? do you mean the 62 million as total or 22 million as total (circulating).
Nolan Adams
No. This is like fretting about bitcoin going from $10 to $100. But there will be a downturn soon if the pace doesn't ease up.
Jackson Foster
i doubt it will go below 2$ until 1b marketcap desu
Jose White
It is like saying it is too late to colonize America in year 1492.
