I have 1,000 AMPL locked in geyser and won’t be touching it for 3+ years. I will also throw $200 into it a month for the next year. Will I make it?
I have 1,000 AMPL locked in geyser and won’t be touching it for 3+ years...
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how does 1000 gorillion sounds?
congrats. you will make it.
kek
impossible. more like 10 gazillion.
How does $10 sound? Seriously, don't throw more money at AMPL. It isn't revolutionary and there is no such thing as 10% interest/day. When the bubble pops it will be worthless as you will literally be unable to sell.
Check any top wallet. This is a ponzi. The people who bought huge stacks 6-7 weeks ago are selling every single rebase at have 20x their money. If you think there is really an *exponential* amount of idiots who will buy your bags later, you are in for a rude awakening.
I think geyser only lasts about 70 more days or so.
If everything plays out, that's generational wealth.
It is going to be extended - and will most likely become a permanent program, since liquidity is king. Check their Zoom Q&A on Youtube for more info on staking in the Geyser:
youtu.be
>The people who bought huge stacks 6-7 weeks ago are selling every single rebase at have 20x their money. If you think there is really an *exponential* amount of idiots who will buy your bags later, you are in for a rude awakening.
Yeah you're right everyone they didn't sell btc at 1000 is an idiot
>there is no such thing as 10% interest/day
high IQ
HE'S TOO SMART WTF HOW DIDN'T I THINK OF THAT
Yes until this get to ten billion marketcap it won’t be under 2 dollars for more than 6 hours . Essentially it will never be under a dollar again but will end up stabilizing around there after a year so you’ll want as many ampl as possible then because yield will be higher the more tokens you have
I would really like to buy some, should I wait until after the rebase today or buy before?
with 1k ample is it better to plain hold or geyser?
both
keeping your AMPL in geyser is shit at these rebase rates fyi. shit strategy where you get breadcrumbs and a pittance of eth garbage.
just hold it in your wallet until rebase falls below 5%.
Won't I technically lose half the coins I buy right now at $2 per coin when it rebases to $1?
better to hold. geyser is a meme and also forces you to lock up eth equivalent which is just dumb
no because with each rebase, you get the corrresponding increase in the number of coins in ur wallet. it all balances out net net if there are no buyers or sellers.
The opposite. The amount of coins you have would double.
Jesus christ we are getting to the dumb money already and we haven't even hit a billion MC
Imagine thinking that one AMPL could be worth less than one US dollar in reality
rebase is around 10% so the number of coins in your stack increases by 10% after rebase. price drops 10% accordingly
If it rebases and your stack increases by 10% and it dumps 10%, your $ amount stays the same, but then it may pump again
kinda makes you wonder how much steam is left
How do I add to Geyser on Uniswap?
You are an idiot. AMPL is the biggest scam in crypto.
Entirely probable, and yet HEX and all the others did just fine. It has some big backers, wouldn't bet against big money.
Clearly you weren't around for fomo3d and Curvy