This is literally a fucking nightmare
Amplefucked
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haven't looked in ages
just looked at 7d mcap
I hope you didn't buy that spike user
Not the spike no
lost 20 eth offering liquiditiy geyser is a fucking meme, if you have 100-400k youre literally better off just putting it in an eth-dai pool
Salt aside, I'm considering taking my stake out of the geyser. Impermanent loss sucked a lot of my ETH but I still have some left. I'll continue to hold AMPL bags because why not, but is there an upside to staying in the geyser while bleeding out like this? I've been trying to think of one, and can't.
I'm starting to think that it may actually be a dead meme coin now
I bought $160 in AMPL last night.
I am expecting a pump to $1
loool just said fuck it after crunching the numbers, I want to save the last of my ETH. Not enough to pay the gas fee for withdrawal hahaha what a joke.
Yea I sold today, I'm just taking the loss
why are you still trying to force this meme
ever since the retard devs shat on their own coin nobody wants to touch it
Expect 10% fewer tokens
people sold last night trrying to recoup some losses
this will continue to drop for a long time
i think until 40-60mc
elasticity is cool but unless the token does something there is no point to actually buying it
Not buying XAMP
The token does what it is supposed to do. It provides liquidity. Hence all the pools.
Just sell up and buy SoftLINK.
It will do a 500x just like AMPL.
>he bought a $1 dollar stable coin at $2 dollars
Still holding this. Not a comfy coin but still holding
>provides liquidity
uhhh yeah to any pooo which is specifically paired for it. there is 0 use case to providing liquidity with ampl other than having a degenerate sense for gambling and wanting to be exposed to the asset.
eth dai yfi usdc usdt wbtc, these are all currencies ppl accept on a widespread scale in crypto. people are actively rejecting adding ampl pools because the distribution of tokens is so unfair and there are so few whales that own 80% of the supply
isn't the supply to supposed to contract to bring the peg closer to a 2019 dollar? why has it been sitting around 60-70 cents for so long?
>fuck you mom!!
supply's still too high. people keep dumping
ngl that thread title made me chuckle. Wonder if it's still the official 'high IQ coin'.
so contractions/expansions happen in response to market selling/buying and/or velocity?
>the opposite of a bad idea is a bad idea
Good luck with your life decisions
You do realize this stuff is just a giant ponzi of buying and selling, right?
Everything else, the enhancing of tokenization, the "coin-burn", is just gobbledy-gook to get the apprehensive to buy in
There is literally nothing stopping a bunch of hopeful/greedy men from coming and buying large amounts of AMPL.
I can understand from your perspective that AMPL is ruined, crushed, destroyed.
But it's still at an all time low at the moment.
I bet it will rise again on that basis.
lol samefag deleting post
im retarded buy amp
>there is 0 use case to providing liquidity with ampl other than having a degenerate sense for gambling and wanting to be exposed to the asset.
Tell me, what is the usecase of Bitcoin?
>people are actively rejecting adding ampl pools
Literally give one (1) example.
Pool rewards just increased for the top 5 pools:
twitter.com
we told you jump out at $1 no matter what
I thought it meant something else. I thought it meant the average price of the highs and lows of an equity.
It's simple manipulation. Look at how fast this thing traverses the 0.80 - 1 USD range. People with stacks are trying to shake people out, by exposing them to negative rebases - but are then ready to pump it, when it looks like sentiment is about to change.
i'm thinking the amp team is going to pump this before unloading their monthly allowance on us.
so i'll sell and get my money back then
The protocol is lopsided and the supply needs 6 months of negative rebases to come back to earth.
Have fun being raped by whales
I'm holding in the geyser until I understand what I bought
Ampl is the perfect asset to be invested in if you are playing with funds solely gained from the profit of other crypto projects. Then the negatives are not so painful - it's only Monopoly money.
>Don't put hard earned neetbux into Ampl - it's too painful.
the distribution of this coin is actually terrible one of the worst actually i wish i knew earlier because i would sold they offfered more in seed sale than public sale so theyre just dumping, dropping price and maybe buying back cheaper to selling again on retail mouthbreathers
i would have sold at a 30x instead of a 15x if i knew i was greedy tho
>too lazy for punctuation
checked
i hope it rebases my pain away
the pain of knowing i could have put another 20k in tellor is too much