Let's say I want to put in $50k just to compound money. Can someone help me with the math here? Is the only way I lose money if it drop below $1?
Is it possible to lose money on AMPL?
It's above 1$ now so if it goes back to 1$ you're in the red until the rebase make up for the price loss. If it goes under 1$ and it goes into negative rebase you can lose a lot more because of price + supply decrease. The idea is that it wouldn't actually go much lower than 1$ since as supply decrease price would go back up to compensate. Ultimately you're betting on mcap growing, at around ~100M cap it's a decent bet, we'll see how it plays out
One of two things will happen:
1) You will lose it all or most of it (unlikely if you hold and dont sell like a little bitch)
2) You will be unbelievably rich as AMPL is poised to be top 5 by market cap.
I'm referring to if theoretically I bought at $1.
Explain point 1 please. I would obviously hold to compound long term.
you have 50k, buy at 2 dollars, it goes to 1 dollar, now your stack is worth half, then you get a 50% rebase, that means now you have 1.5 of something worth half, which is 0.75
AMPL is not for the feint of heart. It's compounding on crack. Rebases can be negative if price falls below 0.96c. There are no better returns in the crypto space currently. It involves convoluted mind games perpetrated by whales dropping price at seemingly targeted times shaking out weak hands to buy lower.
This will be mitigated as market cap increases (volatility). We are talking in the billions though.
wait, that wouldnt even be near close to a 50% rebase, so you'll be even more fucked, i dont know why faggots say "hurr durr you cant lose money with ampl"
Is there a video that visually explains this shit?
You tell me
Just read dummy.
Ampl uses a chainlink oracle to obtain ampl market rate. If market rate is higher than the 2019 US dollar, AMPL inflates, and everyones balance increases. If AMPL market price is less than one 2019 USD, it deflates, making everyones AMPL balance decrease. This is an indirect way of making a stablecoin, as it enables an arbitrage opportunity, which will eventually bring AMPL price down/up to a dollar again.
If you buy X% of circulating ampl, you will always own X%, as everyones balance changes at the same rate.
yeah i lost 100k in ampl. its a scam stay away white man
>lost 100k on ampl
Holy shit you must be retarded if this is true
>Has stayed at negative rebase for weeks before
Jesus, is it even worth keeping at that point?
AMPL is also a token that has no kidding reading comprehension prerequisites.
-Reading/understanding the actual token documentation on the site to understand the opportunities here (go figure, making lots of $ requires research..)
1) basics (2 min read)
2) red book (20 min read).
-Access to the few exchanges it is offered for sale on or understanding how to get your ETH into uniswap
-Reading/understanding the role of the geyser and how OR if to stake into it
-Understanding the role of the rebase
^
This is too much for normies at this stage. Absolutely too much for the avg biz/ poster. Hence Instagram /biz post:
>retarded
AMPL is retarded
Yes. It's possible to get trapped in a death spiral where eventually the token price is $1m/token and you can only buy fractions
No you're just fucking dumb lol, you literally bought the top like a retard.
fuck you m8, ampl is a fucking scam! i hope people stay away from it. how the fuck can you keep getting rebases ... printing out of thin air????
bait. If he lost 100k, he wouldn't be posting here.
I'm starting to doubt you even bought ampl at this point, begone retard.
What is the rebase rate tonight?
~6%
So what would happen if I theortically bought at 50 cents
You would get daily negative rebase at -5% until the price went above $1.05, which means 5% of your coins will disappear from your wallet, daily.
But your percentage of the market cap will always be the same no matter what the price is.
If it goes below a dollar, thre would be massive selloffs as people try not to lose money. This would drive the price further down and cause deflation at an increasing rate, which means that you would be
a) Losing tokens
b) Losing value on the tokens that remain
This would be a very fast downward spiral that would wreck anyone not fortunate enough to look at the price for a few hours.
But decreasing supply would be driving price up at the same time. I don't think it would death spiral.
i cant believe you actually thought i lost 100k kek im actually a ampl whale - 185k stack
>inb4 im not
Yes it's impossible man, it prints money and is completely sustainable with no risk
>haha jk guys im a whale
take your meds schizo
The number of people that would try to escape would drive the price down faster than the supply would decrease. No one wants to see their tokens disappear, especially while the price is low
The less experienced just got a crash course in basic economics ie what happens with over supply and collapsing demand (oil anyone?). Scared a lot of people, but ampl is here to stay. Now demand and excess supply from rebase are getting close to reaching equilibrium. Time to buy is very close imo.
ok now this is based