Convince me AMPL is worth less than 1 billion

>It has guaranteed volume everyday because of the rebases
how so
why do you ampltards think theres something revolutionary about changing the supply of a currency

he is a virtue signalling bald retard

It's a self regulating currency that seeks to replicate fiat but with consistent rules rather than central bank policy. People thought about it before in theoretical terms and it's probably dead simple to code but they were the ones with to bring it to market first.

are you calling Satoshi a tard?
coinfomania.com/satoshi-nakamoto-describe-ampleforth-and-chainlink/

Attached: Golden Bread.png (774x669, 663.66K)

no im just wondering why you think its revolutionary to change the supply of a currency around a "peg"

because he likes scamming people with ponzis.

Speculators like us don't trade ampl in the future. But liquidity is one of the most valuable things on the planet when you're God status. Take Warren buffet. Worth 80 billion? Really? How much of his stacks could he sell today? Maybe a billion? Any more than that and he tanks the price on his investment. Money is so illiquid for so many people. Real estate investors? Takes months or years to get out of their assets and back into cash. Big money. Like adult money is basically locked up in the world in investments that if these guys sold all once hey'd tank the system. This is essentially why the fed prints money. To lubricate the system. But crypto is amazing. Because it's this alien level tech that allows, for the first time in history, for their to be massive, Instant. Decentralized math based liquidty. The value of ampl just bring a big one dollar stable coin is astronomical in globally connected world. It's literally the most valuable thing in macroeconomics to have large liquid pools of moving money. And to the minnows like us? Who can ride ampl from a measly 500 million mcap up to a globally performing liquidty pool??? To get an idea of how much money there is out there locked up and wants to move, check out this chart. steemit.com/life/@cc54/amazing-graphic-on-the-market-cap-of-crypto-vs-money-in-the-world

You've got to understand that the value for us now is speculating the rise of the market cap of this token. But the value of the ampl in the future won't be specualtion. It will be the value of knowing that a guy worth 136 billion dollars finally has a safe haven where he can store money, Move it instantly and securely around the globe, and where it won't be losing value as some government prints the dollar into oblivion. This is big time

Here is the deal. This board has helped me in the past, and I want to repay the kindness, since this is going to be very profitable for everyone involved at this point. Potentially also for someone who has helped me.

Ampleforth (AMPL) is aiming to be a new PRIMITIVE. So what is a primitive? A simple way to explain it, is that Ampleforth is trying to be a new primary medium of exchange. It's literally trying to IMPROVE money, by changing the mechanics of how the supply of the currency works. A money 2.0 if you will.

The thing is, MOST holders still don’t realize what they’ve actually stumbled upon here. Listen. This is seriously the next step in trying to create a better economic system, that potentially can enable prosperity for everyone. It sounds fucking crazy - and it is. You are literally watching history unfold at the moment.

Take a look at this:
youtu.be/9-uo-KfnkhI

Hayek was an Economics Nobel laureate, and the idea of an elastic supply comes from him. His idea couldn't really have been carried out, at the time when he was alive. That's also why he talks about it in such conceptual terms, because he just had an IDEA of how the system should work CONCEPTUALLY, not practically. Que the internet, que blockchain - and here we are.

If this experiment succeeds, it will be one of the most monumental things to have happened in the cryptocurrency space since the original Bitcoin white paper - and if we see wider adoption of crypto currencies - it will change money forever.

So there you go, nothing more, nothing less.

This was written by another user.

Even if he is (which I don't he is), ride the hype. He has personal incentive to pump the token price, as seen today by the news.

hoyl fuck son

godamn

Yea that was convincing AF

That's a pipe dream for now but I think it can be an eventual stablecoin for the crypto market at least. Once it gets there then you can start talking about global use case.
Like I said before, this is crypto's implementation of fiat.

"if" = belief
action = deed of thought...

That sounds scary. Like when Anons talk about crypto seizing up the quadrillons of dollars that are in derivatives. You literally are making thousands of trillions of dollars of liquid capital. Yes it makes us all rich, but what else does it do?

Easely. It's a complete pump&dump scan

delusional faggot, for that to happen ampl would need trillions in liquidity, and with 70% of the supply concentrated in the investors/dev team, its not happening, these crashs burning everyone not in the top 100 will keep happening, maybe your faggot retard "new money" dream will be possible with a better clone MUCH more decentralized version of ampl, even then it would take 10-15 years of heavy investing to get to global economic levels

does ampleforth use chainlink oracles

>derivatives market
Most of those link anons are illiterate and can't tell the difference between notional value, market value and transactions fee percentages. The ones that do are hyping it to the dumb ones.

It doesn't do much else. It's money. It's crypto's version of fiat and you're making a bet that it will be bought up "capitalized" like bitcoin has been doing over the past 10 years and is still doing. Like every other currency - peso, rupee, dollar, bitcoin/eth its value is determined by supply and demand. While also at the same time rebalancing to $1 (2019 USD) everyday.

allows smart people to dump on the retards that actually believe the fucking hype LOL

Yes and checked. DYOR

Been thinking about that for weeks user.
I do not doubt that the project is going to be huge.
The implacations of a digital money system...
There is most def some things to fear.

HAS HE EAT'N THE SHOE YET?

Please post vids

AHHHHHHHHHAHAHAHAHAA

You're the retard for believing that anyone thinks they get more money from rebase. I think you're projecting your own misunderstanding of AMPL onto others

if you hold link like every other faggot on this board it's the exact same deal, 70% lock up.
but yes you're entirely right, AMPL locked tokens are released entirely over four years. The bigger it gets the harder it crashes every month those tokens are released... at a smaller MCAP those tokens are easily gobbled up. every locked release dilutes the market share of existing holders if they don't buy.

Has anyone looked at/refuted the claims of another user who posted this a few days ago?

>The rebase contract has multiple exploits:

>1) No guarantee that TotalSupply call will match up with the sum of all balances

>2) Symmetric pro quota supply changes based on hidden metrics makes 1) even more exploitable for Centralized oracle operators and early investors with larger balances

>3) does not support floating point numbers which again allows further exploitation of 1) and 2)..

>4) supply adjustments are not accounted for per wallet and instead are represented through SplitRatio which again allows for further abuse due to previous factors and metrics.

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