The supply keeps increasing until the price goes back to 1.009 $. It's clear right this moment AMPL is acting like a pyramid scheme. Mind that I'm not saying AMPL IS a pyramid scheme, only that it's ACTING like one.
Think about it. Eventually people will be incentivized to sell, that's the whole point of the protocol and increase in supply, right? To get the price back to 1.009 $.
That means that whoever bought at 3$ and not sold will get royally fucked WHEN people smarten up and start selling, doing what the protocol was designed to do.
So, explain to me why is everyone buying this shit at 3$+ ? IT'S LITERALLY IN THE WHITEPAPER THIS NEEDS TO BE 1.009$ AND IT WILL INCREASE SUPPLY UNTIL IT GOES TO 1.009$
yea, everyone is trowing thousands of eth because it is a pyramid, ampl is not a stable coin, and you clearly have no clue how the rebase/elastic protocol works weak fud, 1b mc eow
Connor Lewis
what a retard
Jeremiah Williams
LOL thanks moonboy. I have 700 AMPL. I'm just trying not to get fucked and warn other people.
The best time to buy this coin is when it's either AT 1$ or BELOW. That's when you have the biggest chance to buy a large % of the total supply.
This coin now is the 100s of total market cap, it's ridiculous.
LOL, retard because I'm exposing what you want to keep quiet? It's literally a pyramid scheme. Everyone hopes nobody else sells.
Jaxson Sullivan
>LOL, retard because I'm exposing what you want to keep quiet? It's literally a pyramid scheme. Everyone hopes nobody else sells.
If this is what you really believe, then you really are a retard, I'm sorry. You really think millions would be dropped on this if it were a ponzi scheme? Retard. Growth of something is not a fucking ponzi. RE-FUCKING-TARD
Dominic Cook
Protocol is legit. But at the moment it is acting like a pyramid scheme. The entire point is for it to be 1.009 $. Eventually someone who already made millions will start selling and trigger a downward spiral.
@All other anons, buy this when it goes to 1$ or lower. Anything else you're buying someone else's bags.
Jaxon Sanchez
It will not go below 1 for a long time. It will shoot to atleast 500m before that.
Carter Nelson
>The best time to buy this coin is when it's either AT 1$ or BELOW. That's when you have the biggest chance to buy a large % of the total supply.
