There is no mechanism by which AMPL generates value. Without a steady stream of buyers, the price will collapse. Shills will invoke terms like rebase and geyser and 12th dimension economic theory in order to make you believe that AMP can defy elementary logic. This is all just obfuscation to detract from the fact that it is a ponzi scheme.
The only reason people are buying and holding is because of the extraordinary rebase. Some of them genuinely believe they found a money printer. As soon as the massive amount of FOMO money disappears, AMP will sink like a stone.
>the us dollar is a ponzi scheme and will sink any day now
Daniel Edwards
sounds good HEX is a literal scam and hit 900m so we can probably expect 2billion and in that case it will likely do what it says and be a stable coin
Kevin Green
Kek my average price has DCA’d down to 50 cents through rebases alone. I can’t lose money at this point
Ryan Watson
no you fucking dumb fuck we hold because we think it is a beautiful algorithm that solves many real world problems
Levi Johnson
what does it solve
Brandon Ortiz
kek
Ryder Powell
Didn’t you see the music video with Spock and Audrey Hepburn?? It said “We scientists are too clever” surely you don’t think you’re smarter than Spock and that old economics guy? Muh IQ etc etc
Anthony Moore
BREAKING NEWS: PRICE OF THING WON'T GO UP UNLESS PEOPLE DON'T BUY IT
Matthew Diaz
I’m glad you think that algorithm is beautiful, you’re going to be married to it like an xrp holder in a few years
