Anons,
first of all, it is totally ok to doubt at first, this is precisely what has protected you from Pajeets on this board since 2018, and it's totally okay if you skip this one, there will be plenty more chances to "make it".
BUT you have to acknowledge that Ampleforth has sparked more technical and productive discussion than 95% of coins shilled on this board. The threads/discussions always start with "lol what a dumb pump and dump the price is literally dumping pajeet scam blabla" but in most cases, Amplpilled anons quickly respond with real arguments, like the mostly correct observation that price doesn't matter too much that the tech is solid that the rebases have to be taken into account when looking at the charts, etc.
And what do you immediately see?
One guy who sold 20k Ampl for 0.95$ is spamming the same
>"AAAAAAAAAAAAAAAAAAH"
copypasta all over while the other FUDers quickly disappear, after being confronted with eye-opening facts and then you literally see small amounts of ETH get swapped into AMPL on Uniswap's dashboard a couple of minutes later.
What I'm saying is, do your research, this currency is not very similar to other ones, the supply changes every single night and it's not about price but about % of supply you own. Tether is having problems with investigations and transparency and this coin literally solves this and even more generic problems of stable coins. Even Vitalik called for such an elastic supply coin in one of his latest interviews, it literally sounds like AMPL if you listen closely to what he says.
Furthermore, the team is PACKED with talent and many whales who wanted to pull the rug on us are stuck in the geyser and getting assraped by impermanent loss. This has the potential to skyrocket to 1b MC in a matter of 2 weeks so either throw in a couple of ETH now or at least stop the weak FUD attempts based on price or "muh ponzi" or whatever. Come up with original FUD if you want to attack this ORIGINAL coin.
For All AMPL Doubters
fud or shill is the same, they want more of it
AMPL right now just seems to good to be true. i dont mean MC or price or rebase but the tech. The tech is amazing and so far - the protocol has worked out as theorized. If it truly fullfills their vision then this is the biggest tech jump since eth
Can’t the whales in the geyser pull out whenever? They’d only be losing the bonus multiplier on their staking AMPL, no? Or are they locked in for a fixed time?
This coin is not going to 1b$. Screencap this: 10b$ by september.
ask some of them... some days ago a whale said he lost 75eth in the geyser or something
based post
indeed, uncorrelated af
how do they calculate the rebase rate?
honestly as someone with a big geyser stake people complaining are just being delusional bitches. yes, it’s true that holding ampl and buying it with the initial eth I used in the geyser would have made more so far if I bought when I did and sold yesterday. It’s only true if you’re idealistically imagining that you can call every top and always get back in. the geyser has been an insanely good investment. to complain about it because sinply holding until $4 would have been better is childish. it has a different risk profile and I personally think it’s awesome. ampl mitigates some of the impermanent loss in expansion, it is better than other uniswap pools in that way. to characterize geyser whales as people who wanted to pull the rug and now are getting fucked is too broad of a characterization
pretty much if you want the percentage then:
(oracle price - target price * 10)%
thanks for the insight, makes sense
It's not like he "lost" 75 ETH. He still profited, but 75 ETH less. That's because he chose a different risk/reward approach.
>whales not understanding impermanent loss and providing liquidity
state of this board
how does rebase actually help me it's not free money it's just price converted to more coins
>how does rebase actually help me
higher MC = more supply = more money for you
read you fucking nigger
Rank 1 - 1.0% of total supply, AMPL balance: 1142675, price: $2708139
Rank 2 - 0.5% of total supply, AMPL balance: 571337, price: $1354070
Rank 3 - 0.25% of total supply, AMPL balance: 285669, price: $677035
Rank 4 - 0.125% of total supply, AMPL balance: 142834, price: $338517
Rank 5 - 0.0625% of total supply, AMPL balance: 71417, price: $169259
Rank 6 - 0.03125% of total supply, AMPL balance: 35709, price: $84629
Rank 7 - 0.015625% of total supply, AMPL balance: 17854, price: $42315
Rank 8 - 0.0078125% of total supply, AMPL balance: 8927, price: $21157
Rank 9 - 0.00390625% of total supply, AMPL balance: 4464, price: $10579
Rank 10 - 0.001953125% of total supply, AMPL balance: 2232, price: $5289
Rank 11 - 0.0009765625% of total supply, AMPL balance: 1116, price: $2645
Rank 12 - 0.00048828125% of total supply, AMPL balance: 558, price: $1322
Rank 13 - 0.000244140625% of total supply, AMPL balance: 279, price: $661
Rank 14 - 0.0001220703125% of total supply, AMPL balance: 139, price: $331
Rank 15 - 6.103515625e-05% of total supply, AMPL balance: 70, price: $165
Rank 16 - 3.0517578125e-05% of total supply, AMPL balance: 35, price: $83
Rank 17 - 1.52587890625e-05% of total supply, AMPL balance: 17, price: $41
Rank 18 - 7.62939453125e-06% of total supply, AMPL balance: 9, price: $21
Rank 19 - 3.814697265625e-06% of total supply, AMPL balance: 4, price: $10
Rank 20 - 1.9073486328125e-06% of total supply, AMPL balance: 2, price: $5
Saying price doesnt matter is bullshit. Doesn't matter how much rebase you get if price dumps more % wise. 1 billion mcap is assuming that people will continue to buy which is moonboi delusional, this was 10 mill mcap awhile ago. Hurr durr its all about mcap and owning a percentage of supply bro (160 mcap to 120 btw). We are gonna be stuck at this mcap for awhile.
who cares? it's going to be worth 10 trillion one day
YOU FUCKING RETARD. STOP WITH THE PRICE. PAY ATTENTION TO MC. IF THE MC GO UP = YOUR MONEY GO UP. THE MARKET GOES UP THRU REBASE YOU DUMBFUCK
you retarded cuck you're buying a share of the marketcap. The positive rebase inflates the supply. If there's still more demand, price rises, and supply increases again.
If you buy 1% of the cap at 100M, and between price and supply this reaches 1B, you just 10x'd your investment.
>math hard
absolutely based
WOW more demand = profits. We are are in contraction phase now moonboi
that math is utterly wrong and you don't deserve any further help desu
holy shit AMPLfags are retarded, my point is that the debase mechanism doesn't contribute in anyway to an increase in marketcap = your money; it's all just FOMO
how so fucking schizo
ok pajeet, one last time...
>u have 100 amp @ 3 usd before rebase, 300 usd value
>rebase happens 110 amp @ 2.7 value 297
WRONG
3$-1$=20% rebase
also, what about the next 100 days where it COMPOUNDS?
and the rebase uses supply smoothing so it is spread over k days... read the whitepaper
Hey OP, you made a nice little post so I clicked it but your math is flawed.
Dont get me wrong I have 25k ampl Im not here to fud it, I love this project.
>u have 100 amp @ 3 usd before rebase, 300 usd value
>rebase happens 110 amp @ 2.7 value 297
is totally correct!
Lets play with this example, so just assume there are NO traders for the next 48 hours, nobody is selling or buying amp.
Price now is 3$ and lets assume we have a 10% rebase. You own 100 ampl so you have 300§ before the rebase. Now after the rebase you have 110ampl for 2,70 = 297$. EXACTLY THIS IS THE BEAUTY OF THIS COIN!!!
Your $ does NOT magically increase.
This dude gets get
price dropped 60% in one day
this is a trap for retards expecting returns every rebase, the coin will always target $0.95~1.0, if the price doesn't recover at least 20% from the rabase, everyone who bought before will get fucked
this is not a coin for brainlets, and majority will get fucked until it reaches $1, the only correct time to buy this piece of shit is when its recovering from a rebase, any different point you WILL be at loss
how is it correct if not even the rebase amount is calculated correctly?
we don't "assume" a 10% rebase with a price of 3$ what the actual fuck? it would be 20% in that case, the formula is public
also if it goes below 0.95 you will be at loss every single rebase, unless you put everything into gaser
this coin will make so many new pinkies, its not even funny
>so just assume there are NO traders for the next 48 hours
Yet I just explained 24 hours..
Lets go on: You now have 110 ampl for 297$. No traders means rebase goes lower, so lets say 8%.
8% of 110 = 8,8 /// you now have 118,8ampl
2,70$ per ampl gets down to 2,48$ per ample
118,8x2,48= 295,1$
Your $ value stays the same
I know all this shit, yes his rebase percentage was wrong but the point stands that rebase is no factor in why price rises it it's just used as a marketing gag becauses it sounds good.
guess what faggot the dump of the token price also COMPOUNDS. it's a 2 way street
we don't assume 110 ampls from 100 ampls and a 20% rebase kiddo, no no no
This is what someone who is looking for a lower entry looks like. Point at him and laugh.
The simple truth is, everybody who fomoed in like a retard on 3,70-4$ will have to hold the coin for some time to get back to his original investment. BUT if the project gets to a higher mc (what is only possible if the demand continues) than even those anons will win in the long run
Heres what I love about AMPL. WE own this coin. Once you buy in and lock your percentage, no one can dilute you out of it EVER. The protocol for rebases is easy to understand and very transparent. Instead of having to track how much tether prints for whatever shady shit they do (probably liquidating shorts/longs) when AMPL expands we all get to share.
AMPL is so much better than tether its not even funny.
>This dude gets get
I got get or get got IASIP?
cant you take a fucking example? what is so hard for you to wrap your head around an imaginary scenario?
I bought at 2.20 am I fucked
>Your $ value stays the same
actually it decreases by about 1% each rebase
whatever, not worth my time to bother and explain shit to you, go back to playing with your shitcoins.
why the fuck do you people even bother when you have no interest in x. So many sjw caring about other people financial investments
I tell all the brainlets who want in:
WATCH THE PRICE!!! YES, the PRICE! Watch the PRICE for the next 3-4 days. We will be between 1,50$ and 3,50$ for the next 7-10 days I dont see the hype dying down.
Now do your own math and decide whether its better to fomo in today on 2,50$ or tomorrow maybe below 2$.
because your imaginary scenario doesn't exist and is based on math. (protip: yours is wrong)
>dollar symbol after price
third world detected, opinion immediately discarded
depends at wich mcap, how many times do we have to repeat it
No. I bought at 3.40 last wednesday and I'm at over 2x.
Last night. I think it was roughly 120 million
I dont think so.
Do the math. Rebase will be 10-20% for the next days depending on the price. So you will get good coins.
Yet the price might go down even to 1,50$ until people buy in again. This is only a 40% lose for you, means you get this money back if we stay on a possitve rebase for the next days (what is sure already)
because we have the formula to calculate the fucking rebase amount and the guy literally used a 50% lower amount than it actually would be?!
Wrong. Do you think 2$ before 10pm is the same as 2$ after 10pm? The longer you wait, the less % you will probably end up with, unless the price keeps dumping harder.
yup wrong by 50%
true, true, even though I do the same mistake from time to time
well played user
pajeet gtfo
I think you are just too pedantic
Fuck off ghost toast
>unless the price keeps dumping harder.
Thats why you watch the price action
there is the flaw of all AMPLfags.
debase doesn't increase your wealth as you fags like to say it's about the marketcap thus you don't get your money back rebase will just make it dump further and don't get me started if it hits sub $1
larp
Your post is only true if there is NO further demand for the coin. Last days showed us that there is a lot of room to grow.
I bought in at 2$ and Im still 4x.
Would I have sold on 5$ before the last rebase and dumb, I would have made a 5x.
Most people dont get that time is on your side if you are IN
I only have $500 to invest right now, how much more time do I have to acrue before this takes off
if the demand is sufficient AMPL is a great buy I get that it's about the mcap but many anons shill this shit with rebase as if this mechanism alone is the reason why it should pump while actually rebase doesn't change your wealth at all.
if AMPL gets real usage as a stablecoin is has a bright future rn it's just FOMO because muh rebase
That's when the liquidity incentive comes in, the drips offset the negative rebase and you buy more to increase your marketcap share.
(The negative rebases are x10 slower than positive, so 0.9$ is -1%.)
You're wrong again. Just quit it.