Someone just sold $330k worth of AMPL

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Someone just bought $330k of it too

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Whoa $330K? that’s like fifty million tokens
Oh wait that’s the price ratio for a month from now

Yeah I think people are in for a very rude awakening with AMPL in the sense that it defies normal trading signals and logic. The buy walls are legitimately insane. The demand for this under $2.30 is 4:1.

Price dropped by a full penny too.

Aaaaaaaaaah

No shit. Literally a ponzi that is all about exiting at the right time before it crashes. It cant scale that high.

>missing out on a 15% increase in a few hours.
sounds pretty blm friendly.

>can't scale that high
Yes it can

>mcap still above 300m
Gotta try harder if crashing this plane is a part of your plan

Nothing wrong with cashing out. I will be too at some point because I don't want to be greedy.

What a dick. I've been watching a couple whales sell in batches all day and this fucker just dunked. Kinda funny, though.

>rebase
>impacting mcap

No some of us are trying to bring it down to "human" proportions... but not working as intended. We might try something different tonight

Kek I probably know the project better than you newfag, I bought 4 weeks ago before you didn't even know that AMPL existed.

And price barely moved

gonna be hilarious when this has one day of negative rebase followed up by jumping back up over $2 the very next day.

I just FOMO'ed yesterday, so that aligns with my luck scheme. Good luck whale-chan I'm preparing the lube

You don't know shit, poorfag

people will panic at below .95. imagine if the price drops .50 and your holdings are cut by half overnight ... inb4 supply smoothing - thats in relation to the rebase which will adjust the supply over a ten day period. There is no Price Smoothing... Just as people are seeing the clouds right now, they will see the pit. That will be the real test but we think this will be successful in the long term

If you think there aren't thousands of retards lined up to buy this at less than $2 you're quite literally insane.

>price getting that low
>this massive buy pressure
This is one of the weakest FUD threads of the day. Step up your game, Rajesh and Prakesh.

I went from 100k to +4M you absolute piece of shit

>fake buy walls which will disappear once the price actually goes there

when will newfags learn

Yeah, personally I don't want the price to be above $3. I am scared that this will enter a bull run because that would actually completely fuck the project up.

won’t let that happen before geyser ends my poor friend

but feel free to try.

Planning on cashing any out to keep stimulating growth?

Geyser is pretty much a whales dream come true. They have every incentive to keep this running for as long as possible and limit market growth.

>Retards
exactly. You think they will want to buy when the holdings are worth less and less? If the price drops to say - .30 - their holdings will be down 70% from $1. You dont think they will be fearful? This is an unproven tech.
But im not saying its gonna fail. People that understand the tech and implications will be waiting to buy - so not retards

Up to 8M here

Again, its not FUD. Its a theory to use to maximize profits.

Tbh with the price at this point I'm getting somewhat nervous. After the rebase we might hit $2 and I'm not sure if there's enough buy pressure right now to drive it up again.

we are in the beginning of a defi bull rum and some idiots here want it to end already.

what’s wrong with you guys. a stable ampl with continuous rebases you need for this market to evolve. no one I know knows wtf ethereum is.

I have my popcorn at the ready. Hope you boys have the lube ready for the big red dildo

500 new wallets today alone and we still have a few hours before the rebase which is when you'll see the most market action.

Volume has tripled since this time last week. how does that factor in?

the price can still fall tho. As what happened in the last crash $4-->1.60.. i am referring to the psychology of a mass of retards (if you will). Im betting that their lack of understanding will create a panic equal to the hype we are seeing right now.

it will dip to 1.9$ after today’s rebase.

maybe lower with some people panicking.

>this

Congrats if it's true.
I cashed out a little bit already and still have $4M in ampl tho
I'll just let it grow and track the geyser etc. I mean.. we are somehow still at barely 10000 addresses.

Completely possible. For reference, after the $4 crash, price went to $2.1 before the next rebase, and then proceeded down to $1.36 in the following 12 hours.