Bros, I need a redpill on AMPL

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twitter.com/davoice321/status/1282770139163828225
ampleforth.org/redbook/
twitter.com/MapleLeafCap/status/1144252401995661313
twitter.com/davoice321/status/1282770139163828225?s=20
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an adaptive scam built to part people with money

twitter.com/davoice321/status/1282770139163828225

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dude, everything in crypto is a scam so u have any better pills?

It's a "stable coin" that I somehow managed to lose $2k on.

Holy shit. I just read that. Is there a make it or suicide stack established yet?

lmao

depending on how much you initially invested, if it goes up a bit and stays above 1.3 you can easily recover

ampleforth.org/redbook/
Read this before you do anything.

As a HODL'er you will make money if the market cap rises.
As a fast trader you can make money trading, playing with the volatility and rebases.

How the price/supply action works:
There is 24/7 price volatility.
Every day at 10 PM EST there is a "rebase" which:
1) increases supply if the price is above about 1$
2) decreases supply if the price is below about 1$

Don't fuck up, this isn't just the simpleton's coin

twitter.com/MapleLeafCap/status/1144252401995661313

now read the opposite side and come to your own conclusion

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This guy reads like he’s seething and coping. It’s not stable it’s not stable it’s not stable.
Duh that’s why it’s a good buy right now.

everyone knows its not stable coin, this guy have a pedigree in retardness

Who ever wrote that is an idiot, whatever happens with ampl.

Cashed out my bags last night, 3x profit
Enjoy holding my bags for the next few months when this goes in to a spiral
I'll come back when people have capitulated

the only one capitulating is you when you realize the capitulation already happened and you're a faggot

So if I buy now I just need to hope it stays above $1 to not get rekt?

ampl is a hot new ponzi that is now on everyone's radar.

it will scam pump so fucking hard at one point but 95% of the people who interact with it will some how manage to lose money.

fudders

1) bought high and are crying

2) know the pumpenomics are real but too scared to throw money at it.

buy or cry

I can't see it staying under a dollar for long. Even if no one buys (which is highly unlikely) negative rebase will cause supply to shrink and price to rise.

kek i've seen moonboys get rekt in my 4 years on Zig Forums i've taken profit and moved on

tl;dr if the price falls by more than the rebase % you want to hold off until things cool down
buying above 1 means you're betting that the cap will keep expanding

Sounds like we need at least 10k Ampies to make it
fuck mapleleaf"cap"

thank you.
comfy sitting in geyser where my ampl holdings have doubled in 2 days. now have 6500 ampl up from 3200 two days ago.
this is even tho we only had a 27% + 14% rebase on those days.
point is. the geyser is doing its job and flooding me with ampl each time the price falls.
"traders" like yourself got skimmed to pay me. thanks bruh.

You buy ample at low mcap and sell at high mcap. It is cyclic.

cope

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worth $1 but worth more

so, 2 days ago the usd value of my stack was 12k. today its $9.4k. So a loss of 21% even tho price dumped from $4 to $1.5

I started this ride with 1200 ampl.....so even if we settle back to $1 I will have 6x my money in a few weeks.

again. glad you made a "profit" but actually let me skim all the excess off you.

Red pill is stay away and keep your wealth in a healthy vessel.

how u receive those ampl rebase bonus everyday?
just by holdng ampl in metamask or do i need to "stake" it

And if you'd sold the top, you'd still have $12k to buy the bottom. Dumb dumb

GUYS ITS THE BEST THING IN ALL OF CRYPTO THE NEXT BITCOIN THE NEXT ETHEREUM JUST BUY AND HODL HAHAHAHHAHAHAHAHAHAHA

This dude summarizes it beautifully. Worth a read

twitter.com/davoice321/status/1282770139163828225?s=20

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It's a ponzi scheme just if people buy low and sell high?
It's not really a ponzi scheme because the token burning from wallets counts for ALL token holders by the same rebase percentage.

smart Zig Forumslets got in 2+ weeks ago and left at the weekend and are waiting for a better moment to buy in
dumb Zig Forumslets fomo'ed in over the last 5 days and are going to bag hold this shit down whilst parroting the same lines over and over to cope