AMPL

Anddddd here we go, back on our daily 12 hour climb to 2.50

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This chart becomes more accurate by the day

Midwit swingers will get JUSTed. People who milk the positive rebases will be very wealthy when this stabilizes to $1

I've joined in on the 4 day fudding because without fail people dump. I've gained .004% in wallet since last night.

I think it's more likely we'll crab for a day before hitting 2.50 again. Although buy pressure has been so strong it might do that a lot sooner, and then we'll breach $3 again.

checked. and fuck you

how much fucking ample do you have?

Between 0 and 75k.

oh fuck you man i only have 8912 and just bought in 2 days ago. I almost put 20k into it 2 weeks ago but im fucking retarded

I've learned that fud is a huge buy signal after a dump 99.9% of the time. Idk if it's too late for you to buy into it at that price, but if we have another huge dump and AMPL doesn't die go all in.

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this feels a little different

Checked and well swung you fucking cunt

Who's excited for their first capitulation and negative rebase in 3 days!!!

which is better? liquidity on uniswap+stake on geyser or hold in wallet?

Hold in your wallet if you want the most AMPL

feels like demand has fallin a bit, no? this will probably dump

No, this is just the end of the week long cycle. Whale sell off happened, autistic posters on biz are spamming with fud out the ass (so they can accumulate cheaper). Give it a day or two and you'll see it pick back up. This happens every week. Look at the chart for yourself. Market cap itself continues to grow.

And we're back
Good job biz for trying to fud this again

Feels good, got to load my bags at a discount

This. A lot of newfags and moonboys about to panic dump this when the negative rebase occurs. Hope you’re not stuck holding then

What happened here? Genuinely asking

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>A lot of newfags and moonboys about to panic dump this when the negative rebase occurs
good
Negative rebase = circ supply decreases = scarcity
In order for that to happen the price has to be low correct? I'm sure even you can see why that is weak fud

You know the rebase is determined by the oracle rate, which is an average, right? If there ever is a negative rebase (which is highly unlikely at this point), 1. it wouldn't happen immediately and 2. it would require multiple days below $0.96.

Monthly investor token unlock leading to hilarious levels of fear and panic

Scarcity won’t matter if demand is vacating due to negative rebase. You’re forgetting this market is dominated by literal brainlets. What do you think they are going to do when they see price decreasing, then log into their wallet and see the amount of AMPL also decreasing? Lots of emotional retards out there, all I’m saying is I wouldn’t be caught holding this when the negative rebase goes down

>I wouldn’t be caught holding this when the negative rebase goes down

Good thing there would be days of warning before a negative rebase could even mathematically happen.

Also, we've been in negative rebase territory before. Guess what happens? The price goes above $1 and the climb begins again

Multiple days? Where are you getting this? Oracle requests pushed on chain every few minutes or >1% deviations automatically. Would just have to be below $1 by rebase time (10 pm EST off top of my head?)

The price would have to be trending down forever to even get into the neighborhood, and further the price would have to be under $1 for the majority of the day before a negative rebase would even be possible.

You're not wrong. The fact still stands that we are relatively early. Maybe this does go thru a cycle of capitulation, no one can say what will happen in the future. But this has to mechanics to overtake a large share of the market so to not want to buy a larger share of the total cap seems kind of insane to me.

Like I said, it's part of the cycle that AMPL goes through. We started pumping over 4 days ago. What happens is the price starts to peak and then whales sell, and then you get a day of crabbing. Every. Single. Time. The only difference this time is that someone found that Medium article about the token release schedule (from last year) and managed to turn it into fud that may or may not have actually caused people to panic sell. More likely is that BTC has been rallying and a number of whales decided to chase that, coinciding with the cycle as I described. The sell off happened a little sooner this time for the above reasons. Anyway, we'll be back to $2.50 within two days.

Trending down forever lol? Down 22% overnight. Another 20%+ and you’re flirting with a bunch of retards capitulating. Don’t get me wrong I’m bullish on AMPL just have to be realistic here

True. Just have to hope the masses of retards aren’t onboard by the time it experiences its first negative rebase. A few here and there are fine but when your bagholders are dominated by emotional moonboys, a negative rebase is a recipe for disaster

>it experiences its first negative rebase.

See, the problem is, it has experienced many negative rebases. The last one was about 6 weeks ago.

And yet, the coin's somehow not dead. In fact, the price rose above $1 and now we're where we are.

That's the problem, literally anyone can just go look at the chart and see that you're either retarded or lying.

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Oracle is based in a 24 hour volume weighted average. To hit negative rebase the average price of every trade in the day would have to come out to less than .96. If the price dumps right before rebase the average will still be higher. If we're heading for negative rebase it'll be preceded by a lot of sub-$1 price points in the 24 hours preceding 10pm EST.

You’re right. First negative rebase since gaining the spotlight. I wouldn’t consider the previous rebases very legitimate especially when considering the volume at the time kek