Amplbros

amplbros.....

the mcap just broke sub 100m, should we start worrying?

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let it go.

no one still holds this I don't believe it

i do...

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i used my uni to go allin ampl, thinking it would a 10x

now i can't even dump it since it's used as margin for my eth short (which basically acts as a hedge against the money i'm losing on ampl)

will i make it?

here's the new memeline that helps me coping

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>should we start worrying?
no

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>no
explain

i told yall the other night, see you at 60M

>one dollar stablecoin priced at $0.60

THE ABSOLUTE STATE

easy +66% there my sir, you should buy now

it was never supposed to be stable at one dollar

SIR IS THIS FININCAL ADVICE

yes sir, look! a double bottom

buy now sir, my village is starving

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I was trying to get in, bought some but right now I'm holding out the majority for a recovery/ good update from the team.
Nothing has changed but the constant rebase is devastating

>Nothing has changed but the constant rebase is devastating
the negative rebase is kinda a meme if you think about.

for example, now let's say 1 ampl is 0.60$. this means you lose like 4% daily

but you also need to consider that the point of the rebase is to push it up to 1$, which is a +66% from 60 cents.

this means that, unless you get 2 more weeks at 0.60, you'll be in profit once it found the equilibrum

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>4% daily
in your total amount of token

>+66% from 60 cents
in price per token

just do the math, why should I buy until it's back to positive rebase?

if you expect it to hit $1 before it negative rebases a higher percentage than you would earn holding from your buyin

-4% of your share of ampl's mcap
+66% of your share of ampl's mcap
it's literally the same thing in terms of value

>just do the math, why should I buy until it's back to positive rebase?
that's what i did. of course i agree that it's safer to buy on positive rebase, but if you feel confident that it won't stay on 60 cents for more than 2 weeks then you can time the entry better and make more profit

I thought the point was to constantly adjust the supply to make the price stable roughly around one dollar

yes, but unless the mcap is huge it will oscillate around 1$ like it does now

>I had £5000 at 150 million market cap
>Now have £4000 at 110 million market cap

Should I tether up my £4000 and wait until the market cap drops to 60 million market cap and go back in?

>110 million market cap
>he doesn't know
user, i....

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No you should have done that three months ago when it started to fall.

10 year plan
just hold 10 years bro

ok amplbros, i think this is the bottom

shouldn't it be a nice moment to buy as seen that this always goes to 1€?

i bought 300 more with the profits of my short

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Fuck it, I strongly believe in the project. I'm riding it out. I don't think it's going to flatline and if it goes to 50 mil market cap it won't be hard for it to jump back up to the 100-150 mil mark

I was weak only for a moment amplbros I'm not fucking tethering up.

WHOS ON THIS RIDE WITH ME WOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

i'm in, gonna accumulate all the way up to 1b mcap

>but unless the mcap is huge it will oscillate around 1$ like it does now
Why if the MC is huge it doesn't oscillate?

Im literally never selling this shit. My uniswap pool is going to liquidity mine for all time in every geyser program. Until volume is literally zero. If it is zero I will buy the whole supply and not sell until cmc lists it at 1 billion.
Either way, 1b is coming. Fuck sellers.

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because you need more buy/sell pressure to move it. now any whale can do whatever the fuck he wants with ampl, but that won't be possible at let's say 100b mcap

ok bros, i think bottom is in, expect a green dildo today