RSR vs Ampl

Will ampl be used as a stable coin in the real world like RSR wants to?

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what's an RSR? I only know Ampls

Rsr basically got fucked, every penny of that marketcap is going to pour into AMPL, the project will collapse.
Aside from that they have 0 working product and are just selling a vaporware.

It is funny how AMPLbros claim it isn't a stablecoin but then claim it is going to replace all the stablecoins

You're a fucking idiot. The coin is currently in market cap discovery, so it is currently not a stablecoin. Once it stabilizes it will function as a stablecoin.

I got out of RSR so I am now ethically allowed to tell you all what a shitcoin it is but the fact that AMPLfags NEED to spam every RSR thread to shitpost how much better AMPL is should tell you enough

AMPL #1 CMC EOY. All screencapped.
Since i started in crypto in 2012 not a single shitcoin aimed to surpass marketcap of BTC. That should tell you something.

>Once it stabilizes it will function as a stablecoin
Go say that in a typical AMPL thread and see what people say

I hold AMPL, but people thinking that it will surpass btc are fucking retards. For one thing, it will reach $1 well before it gets that big and therefore will lose momentum

>comparing ampl to garbage rsr

"Big" relative to BTC, not to AMPL. It will be above $1 for years, long after it has surpassed BTC.

Why would it? You think hype will last that long? Eventually people will be afraid to invest because they know it will crash hard someday and no one wants to get caught

normies want stability, not a coin that fluctuates.
expecting third worlders to understand ampl vs understanding RSR.

If the price equalizes would rebases still occur?

no. if it stayed at 1 dollar no rebases

No, because Ample does very poorly as a stablecoin (it's not stable in the slightest and never will be more stable than, say, bitcoin even)

Why does everything have to be a competition with you children

Who cares just take advantage of this shit it’s making me baggies of more shitcoins rn

It will never be a stablecoin. It has no more means to be a stablecoin than bitcoin does.

That makes it a pyramid scheme which I'm not interested in

>the state of biz

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Literally every asset besides physical gold and apparently, ampleforth, is a pyramid scheme

its a stableish coin, or it will be when we're done COOOOOMPOUNDING

Am I wrong? I have seen it stated dozens of times. I have also seen it stated that it will replace other stablecoins, so one has to be wrong, and AMPL sure as shit doesn't look like it will be stable anytime in the near future. I hold both AMPL and RSR, but I know AMPL is a short to medium term hold, whereas RSR will probably give consistent gains for a long time

I've been reading these shitty threads all day and not once have I seen someone say it isn't meant to be a stablecoin. That's literally the entire purpose of it, why it functions the way it does, and why we're making gains.

AMPL is created by ex google employees and people who understand maths and economics
RSR can barely convince people living in hyperinflation to adopt it

>sell crypto profits into AMPL, before rebase
>get a free 10%
>rebuy crypto you sold later on a dip
How is this legal

Could you convince someone living in hyperinflation to adopt you?

If you've been in crypto since 2012, you must have made a lot of bad moves if you're still on /biz.

>all day
I have been reading them for weeks, I am not just talking out of my ass

You understand that if you get 10% more tokens, the price of each token drops by 10% right? You aren't making money directly from the rebase, you are making money because people are buying when they see a lower price

>t. retard

is it time to sell already?