Worth getting back in?
Amp
Yes now's the perfect time
You are supposed to buy the bottom of the cycles yes
You're legitimately going to miss the train if you don't buy in.
no you have to buy at $2.80 like everyone else, you can't just buy low
nope, the biz way is buy high sell low
ampl is a scam, stay away
it's going to collapse soon
Yes, I'm all in and confirm I have been posting Bitconnect FUD to get you to sell the bottom.
Nope faggot you buy when it's high and sell when it dumps
Where do I buy? Uniswap rapes me
If rebase is spread over 10 days, wouldn't we have to be under 0.96c for 9 days for a true negative rebase?
Pls call me a brainlet or bigbrain accordingly
kucoin or ftx
You can use FTX to buy it with limit orders without having to go through KYC.
>Buying a coin that has pumped to $1.1B in a few weeks
OP, think about it
Yes, and that's the point. Neutral arbitragers then have a great game-theoretical incentive to buy any dip below the price band because they will be in profit as long as they can win in the time-weighted average. The same is true for avoiding upward rebases, though. This mechanism keeps the system stable most of the time, but when rebases break out they do so violently like we're seeing now.
The rebase rate is determined by the Oracle Price. The Oracle Price is an average of multiple exchanges for the last 24 hours.
Through rebasing alone it would take about 9-10 days to get to the determined price. But for a negative rebase the price needs to have an average below 96ct for 24 hours.
>Thinking this is a mere 'coin'
Do you know what a primitive currency is?
I don’t wanna get shit on
Wow first time I’ve seen someone use my Wojack :0 I’m gonna make it!
To get a rough estimate of the rebase calculate
(Oracle Price-1)/10
That's how much % your stack will rise from the rebase
Buy back in? You sold? Weak handed faggot don’t you know it does this every week?
It made me laugh so I stole it. You’re famous now
Is my assumption correct that by whales trying to swing, and thereby tanking the price, we will get smaller rebases, which will net us less money in the long run? Are whales fucking themselves or are they making better gains by swinging?
did you until 4 days ago? you have to go back.
whales are just waiting for new money to push up the price so they can exit many rebases of profit. if they can/want to exit collectively 20,000,000 ampl and new buys only buy 10,000,000 ampl, how is that gonna turn out?
*this is literally what it is designed to do*
Third time sets a pattern that may be a self-fulfilling prophecy that builds on itself.
It's not even just a currency at its core, it's a stable liquidity unit. Something to underpin and counterbalance all currencies. It's mind-blowing how large the scope for this is. It's legit #1 material if the DeFi smart contract ecosystem ever overtakes the L1 miner block reward currency zombie market of crypto that is almost entirely distinct at this point.
get in fast, you brainlet
Swinging AMPL without fucking yourself is not easy user. Some people here will tell you otherwise, but most of the time it's not worth the risk.
I'm not sure if the price would tank by swinging.
Since the large stacks whales are moving, the price impact is large aswell. But you need to consider that if they're really swinging, not just dumping, they have to re enter at some point. This could also act as a useful stimulus for the market, since the price rises again. And eventually when they're selling to swing, they might offer a new Buy In point for new holders, or worst case scenario just pull the trigger to end a upward trend.
For you?
No.
For everyone else?
Yes.
>if they can/want to exit collectively
kek