So they think if we are at lower % than yesterday(or the 10 smooth period) it gets removed
IMAGINE not even FUCKING reading the FUCKING literal REDBOOK
We are SO early on this biz it's not even funny
TL;DR: IF it ever goes below 1$(more or less) THEN it will contract. OTHERWISE NOT
no comments? I win
Shh, let them find out a year from now
Honestly this. I've been shilling the ever living shit out of AMPL for weeks and have given up as of today. I'd just leave this in the dark for now.
Same. I genuinely think some people here are not intelligent enough to understand something that at its most basic level is not that complicated. I'm pretty much done trying to explain this shit and am just going to sit back and enjoy the gainz.
frens, I think you might be correct
I know there is like 3-5 FUDsters going on about "muh rebase" not realizing etherscan has a cache and you need to click a button, but compared to other solid projects like LINK (whose oracle AMPL use to great success by the way) this seems to be far beyond the 18 yo zoomers here
This is the type of project where you need to be able to calculate your holdings... it can’t be tracked by blockfolio, or any other aggregator. Most biztards cannot figure this kind of stuff out, this is the first project that is truly beyond the comprehension of like 90% of this board lol
We need you now more than ever. This weekend will be the glorious pump. Focus your energy into fighting the FUD. We're almost there.
don't kid yourself, it's braindead simple
i cant wait for the -80% rebase that makes anons literally commit suicide
the rebase has literally no effect on your dollar ownings
still mindblowing people don't get this
for 80% rebase ampl needs to be at $9, never happening, you didn't know because you are a clueless fag
negative 80% rebase my dyslexic friend, we are on the same side.
max negative rebase is 10% though
Max negative rebase is 10% if you had any idea how rebase works
>never happening
I could happen followed by a glorious dump post rebase.
Why is this board so susceptible to obvious scams? You'd think the pump and dump of 2017 would be enough to make people learn but I guess not.
Gold and silver calls are the thing now old man, no one cares about your crypto. I can make 2000% of legal tax free gains and not worried about getting scammed/losing my coins/ realizing crypto is worthless.
Whats a suicide stack at this point. I'm a brainlet and just want to cut a check.
imagine if gold was created when people needed it and destroyed when demand went down
that is how AMPL works
>he's susceptible to Triffin's dilemma
NGMI
Mcap is 327M right now. If it goes to a billion you 3x your money. 9 billion and you 27x your money. You can calculate what you need.
Hm interesting.
What is the incentive to hold it then? In what situation would you see a 'need' for this AMPL?
This thing has 1/3 of the liquidity and almost 1/2 the volume on uniswap. its a monster and there are only 9400 wallets
the price target can be perfectly stable
one AMPL buys you one thing today
in 100 years one AMPL buys you the same thing
or.. they could design AMPL to increase in value over time
it does not have to use USD as a reference
> In what situation would you see a 'need' for this AMPL?
When you want something that has a price that is more stable than the USD that you could also invest in. So I see it replacing USD primarily.
how you shill this
>low iq, infinite money glitch comic
>midwit, central bank money printing analogy except the seniorage and benefits of printing money goes to the holders instead of banks and the 1%
baka, try CoinStats faggot
No, if they don't understand that if the number of AMPL you hold exceeds your initial investment due to rebases and you sell at $1 you still make a profit, if they don't understand that you get more AMPL for each positive rebase and if the price is the same or higher you still have more money because you're getting more fucking tokens and more fucking tokens at the same fucking price or higher OVER TIME (OVER FUCKING TIME YOU MORONS) is more that you can sell at the same fucking price, if they don't understand that it's NOT about price, if they don't understand the max negative rebase is -10%, if they don't understand supply and demand and that demand for this is sky high and dips get bought up immediately, if they don't understand this isn't a literal stablecoin, if they don't understand that positive rebases can keep going on for years, if they don't see the potential of this in the crypto space, if they don't see that this will mathematically surpass BTC in marketcap in months, if they don't realize there's no marketing for AMPL, no big exchange listings, less than 10000 holders currently, if they don't see it's still very early and that demand is only going to increase, if they don't understand that whales will not be able to flash crash the price because of buy pressure and the sheer amount of volume which continues to go up, if they don't see how novel of a concept Ampleforth is, IF THEY DO NOT UNDERSTAND ALL OF THIS THERE IS NO HELPING THEM, THEY WILL NOT MAKE IT, AND I AM DONE FUCKING SPOONFEEDING.
It took me like a month to understand it after FUDDING in every thread I could. Now I got like 10k in this and am holding until the end desu.
yes sirs, it will just keep going up forever and surpass BTC
AMPL #1 marketcap by August
By EOY AMPL 1 trillion marketcap
I know you're being facetious since you originally talked about a -80% rebase even though the max is -10%, so clearly you don't actually know anything about this, but you are ironically correct that it will keep going up forever, that it will have a trillion dollar market cap eventually, and it will surpass BTC (more likely within 2 months at the current rates).
But when it reaches around 1.09, will you dump like 90% of holders will?
First $1 trill market cap coin to exist.
Stop shilling this coin on Zig Forums, lads. The retards here will kill the project with their misinformation
>AMPL will do what no coin in the last 13 years has ever done: surpass BTC
>in the next 2 months
>AMPL has only even been known about by Zig Forums for 1 month
this is how delusional AMPL holders are.
this is actually hilarious, you are beyond deluded user. nothing is surpassing BTC for quite some time. and if it was, it wouldn't be a literal stablecoin thats on 1 single chinese exchange
If it stays at $2.50 for a month it will reach BTC market cap.
What's your big theory here? That the AMPL whales will literally just abuse the design of Ampleforth for infinite money forever?
By never dumping, and continuously buying and supplying smaller wallets with positive rebases to encourage more buying - they will literally just forever increase the marketcap, and therefore the value of their holdings. Forever.
wait I meant 44 days! $3.00 is 34 days.