Ampleforth, serious edition

So I spent some time today properly researching Ampleforth. Ok so this is clearly something a bit special. A non inflationary currency that also adds holding value almost seems too good to be true.. Can we have a serious conversation about it pros and cons without the bullshit?

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Pro: you made a lot of money if you got in super early (months ago)
Con: it's a fucking scam

Empty worthless post.

i also feel there is something very special about this coin, i was a little late to join after doing some research. Wondering whats everyones opinion on this once the geyser period ends?

I don't think it is going to end

Maybe this is super technical maybe not...
But how do they actually manage to change the amount of tokens in ones wallet without any in/out transfers of coins? And adding tokens to a wallet is one thing, but as I understand they can also Decrease the amount in your wallet. How the hell is that possible?
And if they can do it, can any coin technically drain your wallet of your tokens!?

This is to advanced for biz to understand

They change the supply in the smart contract then the wallet read the %

ampl is a meme

if the price is above 1.009 everybody is getting rebase meaning everyday people are selling their rebase so we have much higher sell pressure than buy pressure

this thing is about to dump majorly

I think aleph is better token

honestly you need an IQ of at least 110 to understand that AMPL is just another scam

It's funny how I've read like 100 completely different theories about what is going to happen with AMPL. Either it is going to make us all rich or have a negative rebase death spiral. No one knows what's gonna happen but I'm in it for the ride either way.

A scam is when someone lies or tricks you to gain something from you. There are no lies or tricks here. You can read the white paper and how it works. People constantly screaming scam are the real low iqs

Too much awareness now for it to death spiral

Think of a coin going up and down in price.

Now think of a coin that's stable but the amount of coins in your wallet changes to match the original coin going up or down.

it is just the same thing with extra steps. this coin has no fucking use at all. it's funny lol

You guys are retarded and can’t settle on a fundamental analysis that’s already in clear view and happening as we speak. There’s a reason it didn’t dump under a dollar after last weeks bubble. There’s a reason it’s increasing again as we speak (albeit slowly). The car is out of the bag and people will be buying this UNTIL it hits its marketcap equilibrium. There will be huge dumps and huge spikes along the way (as intended). There’s no way of saying this without sounding like a brainless shill but it’s the truth so I’ll say it anyway: anyone who gets in now will be rich in the future. Simple fact. Follow up with this statement in exactly a year. I’m not some super genius with a crystal ball, I just understand the crypto space in general and DeFi/stable coins is the hottest trend for the time being.

This. There’s a reason ivanontech bought in and said I know this isn’t the bottom but I don’t care. I have to have a bag now.

The main pro and value comes from the fact that it is the only crypto ever that is completely uncorrelated to price changes of other cryptos like bitcoin and eth. This is completely revolutionary and will change the landscape of the industry and replace stablecoins.
Also rebase does nothing because the price drop is automatic due to the nature of uniswap.

You buy a % of the market and this is literally it. If the MC rises you profit from it. (hint: it will)

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what is the scam when it is an open source technology and a smart contract at the other end of your transaction. everyone knows how it works and what it does, who can scam you? please stop being this gay

>t. 141 IQ

The secret of ampl is lopsided mathematics. There is unlimited max positive rebase (anything >$1.05) but limited max negative rebase (anything below $0.96) of -10% at $0 price. As long as there is demand, negative rebase will still bring price up back to $1 and start FOMO cycles again. This uneven math effectively makes for trapping more base mcap after each FOMO cycle and raising the collective value of each holder's stack.
The only way value can leave is if there were prolonged 0 demand, which at this point is not realistic.

However, don't let anyone shill you with "muh compounded gains" or any such nonsense. Rebase simply changes supply evenly so everyone still holds the same % of the token supply each night. Money comes in whenever whales or FOMO fags pump the price and requires continuous new demand for mcap (and hence the value of your stack) to continue to accumulate at a meaning rate.

Advanced level: Learn to play the swings and you can multiply your %stack every FOMO cycle. Sell the top, but the bottom.

Aleph is the secret.

What portfolio trackers are people using for AMPL?

I have to manually update my AMPL balance in delta every fucking day. Fuck that.

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Can someone with a high IQ explain how AMPL is different and better than tether or other stable coins. Also, why is USDT having problems with the law?

Jesus, this is low effort shilling. Do you fags just copy and paste this shit from the last shitcoin?

Yeah, yeah, I know... Stay poor, faggot... He doesn't know... Whatever.

So I did a deep dive into this coin, and guess what everyone, it's awesome!

Poor pajeets haven't made it and need to spend hours on biz shilling garbage to make a few shekels. Same as wage slaving, isn't it?

OH NO NO NO, AMPLBROS WE GOT TOO COCKY!

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Pros : makes you rich (i'm at $200k)

Cons : can make you poor

that's it.

You routinely need fresh money to keep you afloat or you death spiral.

it would seem AMPL passed a huge test - we got a HUGE pump to $4 saw insane 20 - 28% returns and the ensuing, inevitable dump. i was concerned it might dump under a dollar if all the whales pulled the liquidity from the geyser, which started to happen but the team rectified the impermanent loss within what... 48 hours? impressive. now it's back to over 13 million in the pool and growing steadily, and we're right back in that ultra-comfy zone of 5 - 10% returns. i think the scary bit is over and that this is going to continue to trade between 1.50 and $2 (maybe a bit more) for a very long time (at least 70 consecutive days of positive rebases) and make holders a silly amount of money in the process. enjoy the ride, boys.

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A is for ALEPH