AMPLEFORTH BTFO

This guy claims ampleforth's design implementation was first discussed in a paper that the ampl team does not mention.

twitter.com/samkazemian/status/1287700829202337793?s=20

In many early cryptocurrency papers this rebase mechanism is described as what NOT to do with fiat. Ampleforth's assertion that being pegged to the 2019 dollar skirts these paper's talking points, but the criticism holds with a fiat touting some form of stability.

github.com/rmsams/stablecoins/blob/master/paper.pdf

If I were you I would simply realize some of your gains. A lot of other blossoming coins like Bancor/Ren/UMA. Still hold some, since ampl could keep mooning through meme magic.

Attached: Ampleforth.jpg (604x834, 96.2K)

Other urls found in this thread:

basis.io/
twitter.com/NSFWRedditImage

Fuck off shitskin

Ampleforth doesn’t need any help dumping to $0.07
Delete this and let nature take its course

Do these people even look at who’s backing Ampl? This isn’t some Russian scam or a tiny shit coin team, try harder next time.

>shitskins seething
>weak FUD

BULLISH AS FUCK

hahahaha retard

Attached: xin_150803231023539255138.jpg (223x344, 64.41K)

Yes.. it was stolen. It's a brainlet ponzi scam anyway.. who cares.

brian armstrong gives it a lot of potential. I was a big believer in ampl. This guy's thread made me waiver.

keep the FUD up. it fuels my buys

i don't think it was stolen. I still think the paper should have been mentioned.

his math is wrong about the negative rebase, then at the end he shills his own shitcoin project.

Basis tried the same thing in 2018 and got kiked

basis.io/

The idea has existed, but we lacked trustless oracles.

>2016
>implementation that requires decentralized oracles
sound legit

>Unfortunately, having to apply US securities regulation to the system had a serious negative impact on our ability to launch Basis

gulp

that's a good point

didn't see that part. pretty tacky to shill your own project

>48 tweets

fuck that

>i GoT InTo CrYpTo In 2013

kek

Attached: kek.png (648x328, 86.72K)

*ahem*
reBASED

that's obvious trolling. come on man lol

lol

Sam is based actually. Better listen to him

He confirmed on his twitter account that it was him, but claims he was just "memeing hehexd". Direct quote.

Not really.
He didn't read the AMPL whitepaper.
Ref: Incorrect.png

Attached: incorrect.png (588x147, 18.67K)

Founder of everipedia and IQ coin, he’s based with a ton of experience

Credentials don't mean anything when you lack reading comprehension or don't know what you are talk about.
What he posted is not how AMPL behaves.

>been in crypto since 2013 and is fudding one of the best projects of the year

Just another whale trying to fill his bags

cool. but without oracles and actually implementing a specification “hayak money” was just the pipe dream of some lazy poor asshole that nobody cares about and nobody ever will.

Yeah you're so smart Sam. Go back to fudding twitter you stupid shitskin.

Sam is a real one, amplecucks btfo.
He is an ALLY against meme coins.