OOOOHH BABY A TRIPLE

3 RED WICKS BAYBE LETS GOOOOOOOOOOOOO

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It's astounding to me that people don't see where AMPL is going.

imagine a pie chart. you buy X% of said pie chart. more people buy. you get more ampl, but still hold the same %. AMPL is just a trick to get you to think you should buy it. it is no different from me creating a bullshit ERC20, listing it on uniswap, and telling people to buy it. Rebases doesn't create buy orders. The psycology does. Its a pump and dump ponzi shitcoin, worse than BTC.

////// THIS IS AN INSULA THREAD NOW //////////////////////////

Fuck your shitcoin it's trash & so are you if you're dumb enough to buy it.

Buy Insula instead (ISLA).

Superior tech + $100 EOY. You cannot complete.

This is not financial advice DYOR it.

/////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////

Is this your first night following ampleforth mate?

Stop it faggot

I am tired of explaining at this point, hope this is just a bait

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cope

hey you dumb fucking retard, why does bitcoin cost so much? cause people fucking bought it you brainless piece of shit. i honestly hope you consider killing yourself the next time you make a post as brainless as this

...and it's going back up again.
get fucked noamplers

>This is not financial advice DYOR it.
Fuck off glowie if you're gonna shill do it right

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>worse than BTC
what does that even mean
are you saying we should buy this?

AMPL is an experiment

AMPL's first use case is to be a uncorrelated asset from BTC. If it can achieve this then it will be extremely valuable. Why? Because it will be essential in a diverse portfolio. Just like BTC is a good hedge against the market (maybe not anymore) - AMPL is a good hedge against BTC and the general stock market. This will be increasingly important in the economic environment we are entering. At this stage - there is alot of activity of profit seekers - this will decline as AMPL's use cases expand.

AMPL's second use case - if IT IS uncorrelated - is for collatorlization in DeFi

AMPL's third use case - is to provide liquidity to DeFi - if demand for AMPL continues to rise (1st use case and 2nd use case) then it can provide liquidity to the tune of billions (increased demand=increased supply)

AMPL's last use case - is to become stable and reach market equilibrium (stablecoin) - if it fulfills the first 3 use cases then it can become a good medium of exchange because at that point the market cap will be so big that it will take alot of capital to move the price. It will also be used in many different financial products.

>It's money 2.0, why?

Money 1.0 - when new money comes in, it goes directly to the banks and the top 1%. while average people get fukked and deal with inflation/deflation

AMPL - new money is distributed evenly across all holders without any need for governance or a centralized authority

it has an elastic supply which contracts/inflates based on demand.

It does all this AUTOMATICALLY and SIMULTANEOUSLY to ALL HOLDERS- written in the CODE

Which means it doesnt require governance (someone watching over it) - which means no one is in charge (just like BTC)

AMPL is also not based on a debt or collateralization model (like Dai) - which means that it is not dependent on something outside its own system - which can have negative consequences - as what happened during the covid crash with DAI.

AMPL is not "backed" by centralized currencies (like USDC/USDT) - this is important because a DECENTRALIZED FINANCIAL SYSTEM CANNOT DEVELOP ON THE BACK OF CENTRALIZED MONEY - which can be shut down/limited

AMPL - is uncorrelated to BTC because it relies on its own incentives to push the price down and up. It is an uncorrelated commodity - which is HUGELY VALUABLE all on its own.

AMPL - BTC/ETH are subject to supply shocks. Big sells and what not. That is one reason why they are a poor medium of transfer (even satoshis). Their USD value is volatile. And because of the unique design of the AMPL protocol - it can handle supply shocks - which is essential for a base-money. How? it has an elastic supply based on demand - so its supply can grow as much as it is needed. If DeFi needs 40 billion - it can grow there if there is enough demand for it, 150 billion, 1 trillion - all depends on demand.

its a closed system that is dependent on itself.

AMPL - a blockchain is NEEDED - unlike alot of other tokens - all this can only be accomplished using blockchain and it can only thrive if it is decentralized and distributed

NGMI

cope

>bag holding this hard

this thing is crazy, making money when the price drops.I first didnt believe it frens but it actually does work. rebase is fucking king

I'm still 16x. Feels good to know this'll hit 3b mcap.

the bad press from this one will nip our golden bull run in the bud

> Price near ATH
> Volume at ATH
> Ranjeets raging on biz

Yup, not selling

Yep, woke up to another big juicy rebase

Not sure what op is celebrating, he needs to realize rebase is calculated on the average price of the day

oh wow. There was a red candle in the time after the rebase. Literally what the protocol is designed to do - which you would know if you read the red book, which you would have done if you weren't a professional retard who fuds the best thing since btc. Meanwhile I'm up 18x since early June, I've taken half of it as profits, and will keep earning more until the rebase wave starts to dry up late next month. Enjoy poverty, mate. Some of us actually made it.

>how an 85 IQ retard defends the bags he bought a week ago