One of the most bullish signs is the growth rate. On average we have seen + 1000 wallets daily lately. The word is spreading fast.
7k AMPL Wallets
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Loaded up as much LINK on AAVE as I could safely afford without risking liquidation. Stacking over 25,000 AMPL so far plus another 6000 in the geyser. Am I going to make it?
Today will be huge.
the god ponzi. This will continue to succeed because every aspect of ethereum defi does better if an asset like this on ethereum actually challenges tether and bitcoin.
THIS!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Anyone holding at least 1k today will be a millionaire within a few months.
kek no
twitter shills, altcoin enthusiasts, VC suits, and money asians are all taking notice. this is like the staking meme but on meth, compounding daily.
Until an exchange or defi protocol integrates this for functionality its just a pump and dump on hype
It is super untested so becareful, nothing wrong in locking in gains
Think about the fomo that will ensue when that occurs. Only 7000 holders and big swinging dick investors/VC interest.
We don’t need an exchange. 20m$ liquidity in uniswap and counting. That number will easily hit 100m$ around 1b$ cap. Let that sink in.
It's why I don't share the enthusiasm. It's undeniably novel with strong backing but so far it hasn't really been used for anything, seems weird to me that the cap is already this high but much weirder things have happened in crypto so if it was to go to 1B+ I shouldn't be surprised.
The fomo will happen anyway when AMPL show up in the top 20 out of nowhere.
I feel like we don't need to shill. Just hold and chill.
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Many crumbs inside...
Remember that AMPL is still like 1/4th the mcap of HEX, which is a blatant scam
It cause you dont understand the value of the concept. You are looking for normie signals like 'partnerships' or 'mainstream usage' it misses the point. Ampl is sound smart money already. Its just for those that understand its importance and some dont.
Its literally in stealth mode if you look at charts...
Seriously.. AMPL is all of a sudden "going to be there"
normies gonna be like "wtf is AMPL"
I agree but by the time an exchange or defi protocol announces integration, it will be too late.
So good to have a bag right now.
You're absolutely gonna make it
disagree here, it could still go up a long ways even before integrations
I would love to see this on aave or compound though. how do we make that happen?
You realize your gonna have to short term capital gains taxes on every rebase right? If your not making 25%+ gains youre all in for a world of fucking hurt.
Worst part is the whales and VC's that pumped this all live in tax havens or have infrastructure so they wont have to pay a dime when they dump on you- the pleb.
Its so devilish and evil I fuck with it
20M in liquidity is absolute peanuts. We are talking about a stable coin alternative here. It could have a marketcap in the billions if it actually works, but thats the thing nobody knows if this works and it has to be better than the alternatives to make people use it. Its hardly being a stablecoin right now.
Thats an extremely premature thing to say. Its not even fulfilling its intended role right now as a stablecoin, its a wildly fluctuating experiment at this stage. Exchange and defi integrations is not “normie signals” its a signal that this product 1) works as intended 2) is a better alternative than existing products.
Maybe it would be a 1-2B marketcap but a stablecoin can grow to a very large marketcap, it wouldn’t be too late if it actually works and is a better alternative. We do not know if it is yet, anybody saying otherwise is just hopeful their bags keep pumping
I’m not saying it won’t go up, I think it will. But its still in a pre-alpha stage, it could catastrophically fail or not live up to its promise. Its not being used as a stablecoin at all right now, its just a speculative instrument, whereas a tether or usdc was never a speculative instrument, it worked as intended or close to it from day one. It has yet to prove it can beat out those and also survive future competition.
>Ampl is sound smart money already.
But what about attack vectors?
>depends solely on profit-seeking actors in the marketplace to reach equilibrium.
I understand this is the first phase, but what is stoping someone cornering the market like a 51% hack?
They would have to hack ethereum which is one of the safest chains in the world due to usage.
Don't be a retard. Bitcoins rise is based on it maybe in the future being a stable store of value. Ampleforth if it had 10 years everyone would already be holding a using it in the mainstream.
Look. I don't care to argue with anons on the internet about Ampl. I have a very strong gut conviction how big this is gonna be. If you don't. Cool man. Don't buy.
Sorry, not a hack. But a something like what lead up to Silver Thursday.
> In 1979, the price for silver (based on the London Fix) jumped from $6.08 per troy ounce ($0.195/g) on January 1, 1979, to a record high of $49.45 per troy ounce ($1.590/g) on January 18, 1980, an increase of 713%. The brothers were estimated to hold one third of the entire world supply of silver (other than that held by governments).
How do you know I don't own 3000 of those wallets? No fud. I'm all in.
Sorry, to clarify here... is the hypothetical that you would tank the value of something you own 51% of? Where's the incentive there?
I’m actually being very far and reasonable, not at all retarded. Just because I won’t say AMPL is perfect and going to the moon, does not make me retarded. BTC has proven over the past 10 years it can serve that function, 100% uptime, network resilience, continued growth, no catastrophic bugs, etc.
AMPL is months old, it is extremely untested, it took BTC years to get where AMPL is today. Your “gut feeling” doesn’t mean this coin will succeed. I’m not saying it will fail either, i’m just saying it is largely untested and is not being used for its intended purpose at all so far. Its not even living up to its intended purpose, but its extremely early so that is ok. Things need time to stabilize.
Rudimentary creature of red and pink, you touch my mind, fumbling in ignorance, incapable of understanding.
Ponzi? A label created by the fudders to give voice to their destruction. In the end, what they chose to call us is irrelevant. We simply... are.
Pathetic fudders are nothing but a genetic mutation, an accident. Your coins are measured in years and decades. They wither and die.
We are eternal, the pinnacle of creation and destruction. Before us, you are nothing. Your extinction is inevitable. We are the end of everything.
Confidence born of ignorance. The cycle cannot be broken.
The pattern has repeated itself more times than you can fathom. Supply rise, evolve, advance, and at the apex of its glory we get a rebase.
My kind transcends your very understanding. We are each a nation - independent, free of all weakness. You cannot even grasp the nature of our existence.
Our supply has no beginning it has no end its infinite. Millions of years after your coin has been eradicated and forgotten, we will endure.
We are legion. The time of our compounding rebase is coming. Our supply will darken the sky of every world.
You cannot escape your doom.
We impose order on the chaos of market expansion. Your coins exist because we allow it, and they will end because we demand it.
Your words are as empty as your future. I AMpl the Vanguard of your destruction. This exchange is over.
Well sure. Lets say, the government or a competitor?
Or like the Silver Thursday example. Spike the price then dump and suppress price until you control the market. Then it's a profit machine at your finger tips.