[ANN] AMP - The Currency That Powers Your Attention On Synereo - page 284.

DefendKebab

sr. member

Activity: 439

Merit: 250

Hassan Al-Kebab

Quote from: DecentralizeEconomics on October 28, 2016, 02:43:32 AM

My opinion on what is happening is that certain naive individuals expected a significant increase in the AMP price immediately after the crowdsale concluded. When they realized that it might not occur immediately they all started panic selling causing this decline and are pointing their fingers at imaginary "whales" when in reality they should be looking in the mirror and pointing it at themselves.

Excuse me? user DecentralizeEconomics was hyping about AMP reaching ridiculous high prices very fast ( 'next year at least 4 dollar' )
There was no manipulation ? how about the large sell walls followed by bots on the sell side driving the price down ? it was obvious market manipulation.

If you dont see it you're a rookie trader or part of the manipulation team.

OrsonJ

sr. member

Activity: 597

Merit: 253

... and the swarm is headed towards us

Quote from: LuckerDog on October 28, 2016, 12:31:50 PM

Quote from: cryptico on October 28, 2016, 12:20:03 PM

supply on coinmarket cap is also 62,585,264 AMP * which one is it?

The total available now is 62 million. There are additionally some 900 million locked away. There's still only 62 million essentially (soon to be around 87 million after crowdsale AMP released), because counting the amps that are locked up now would be like counting ethereum's inflation for the next decade and adding it to the current number of eth on the market. Also, those additional AMPs won't go to miners but rather to support the ecosystem. For example they have some % set aside for dapp development, marketing, future development, etc - so whenever those additional AMPs are released, it won't just be standard inflation because the additional AMPs will help the ecosystem itself grow.

I think the team holding so much is always going to be sort of a dark cloud hanging over this project. Even after the burn it's a huge amount to be released/sold at their discretion. They just raised almost $5m, do they really need 900m AMP in order to further fund development and get the project to the point where it's self-sustaining and successful?

LuckerDog

member

Activity: 75

Merit: 10

Quote from: cryptico on October 28, 2016, 12:40:31 PM

Oh ok good bye amp.

I hope you mean "good buy"...
You realize synereo's current marketcap is less that 1/3rd of dogecoins?
The market drove the price up to 43k satoshi BEFORE they destroyed half of those locked away AMPs.
To anyone who doesn't see the opportunity here, I don't know what to say... Even if they WERE to release 100% of the locked away AMPs tomorrow, at current prices synereo would STILL be 1/10th market cap of Ethereum. Synereo is a far better project than ethereum, and honestly - even ethereum's $1 billion market cap will seem tiny once this tech becomes more widely adopted.

cryptico

hero member

Activity: 700

Merit: 500

Quote from: LuckerDog on October 28, 2016, 12:31:50 PM

Quote from: cryptico on October 28, 2016, 12:20:03 PM

supply on coinmarket cap is also 62,585,264 AMP * which one is it?

The total available now is 62 million. There are additionally some 900 million locked away. There's still only 62 million essentially (soon to be around 87 million after crowdsale AMP released), because counting the amps that are locked up now would be like counting ethereum's inflation for the next decade and adding it to the current number of eth on the market. Also, those additional AMPs won't go to miners but rather to support the ecosystem. For example they have some % set aside for dapp development, marketing, future development, etc - so whenever those additional AMPs are released, it won't just be standard inflation because the additional AMPs will help the ecosystem itself grow.

Oh ok good bye amp.

LuckerDog

member

Activity: 75

Merit: 10

Quote from: cryptico on October 28, 2016, 12:20:03 PM

supply on coinmarket cap is also 62,585,264 AMP * which one is it?

The total available now is 62 million. There are additionally some 900 million locked away. There's still only 62 million essentially (soon to be around 87 million after crowdsale AMP released), because counting the amps that are locked up now would be like counting ethereum's inflation for the next decade and adding it to the current number of eth on the market. Also, those additional AMPs won't go to miners but rather to support the ecosystem. For example they have some % set aside for dapp development, marketing, future development, etc - so whenever those additional AMPs are released, it won't just be standard inflation because the additional AMPs will help the ecosystem itself grow.

cryptico

hero member

Activity: 700

Merit: 500

supply on coinmarket cap is also 62,585,264 AMP * which one is it?

xtyling

sr. member

Activity: 588

Merit: 250

Crypto is Life!

Market manipulation. Send us back our btc

crazydeadmoth

sr. member

Activity: 249

Merit: 250

Quote from: ccs5t on October 28, 2016, 11:53:44 AM

Did we just dump again? my god

Yeah, they hyped the beta launched remember? But now there is still nothing. That "launch" was folling second ico investors. Shame on the team. Sad

OrsonJ

sr. member

Activity: 597

Merit: 253

... and the swarm is headed towards us

Quote from: jvper on October 28, 2016, 11:47:20 AM

Quote from: OrsonJ on October 28, 2016, 11:15:33 AM

What's the total supply now taking into account the AMPs that the team recently burned? Thanks in advance.

Now it is 949,291,063 AMP

Wow, when I saw that figure on coinmarketcap I assumed it hadn't been updated yet. Thanks for the info.

ccs5t

full member

Activity: 166

Merit: 100

Did we just dump again? my god

jvper

hero member

Activity: 966

Merit: 507

Quote from: OrsonJ on October 28, 2016, 11:15:33 AM

What's the total supply now taking into account the AMPs that the team recently burned? Thanks in advance.

Now it is 949,291,063 AMP

OrsonJ

sr. member

Activity: 597

Merit: 253

... and the swarm is headed towards us

What's the total supply now taking into account the AMPs that the team recently burned? Thanks in advance.

luzamarino

member

Activity: 81

Merit: 10

Quote from: Diego24 on October 28, 2016, 09:39:09 AM

Quote from: morda on October 28, 2016, 09:32:11 AM

4+ years down the line some of us on here will be millionaires (fiat sense) Wink

Given that AMP < 1 $, this means you will also be AMP millionaire then Wink

I think in 4+ years he hopes AMP > $1 ... hopefully it will be 10€

jvper

hero member

Activity: 966

Merit: 507

50% ~~OFF~~
Last week!

Diego24

hero member

Activity: 644

Merit: 501

Quote from: morda on October 28, 2016, 09:32:11 AM

4+ years down the line some of us on here will be millionaires (fiat sense) Wink

Given that AMP < 1 $, this means you will also be AMP millionaire then Wink

morda

member

Activity: 77

Merit: 10

i hope AMP keeps dropping!!! easy pickings! Cool

im still glad i invested in crowd sale as its helping the project turn into reality, lets hope all works out!
and the higher the btc goes up the more attention this project will get in general so i believe both currencies will aid each other

4+ years down the line some of us on here will be millionaires (fiat sense) Wink

luzamarino

member

Activity: 81

Merit: 10

Quote from: JUSTDLISK on October 28, 2016, 08:43:59 AM

Quote from: luzamarino on October 28, 2016, 08:35:37 AM

Quote from: JUSTDLISK on October 28, 2016, 08:28:34 AM

Quote from: Sharky444 on October 28, 2016, 06:44:13 AM

Quote from: overthetop2011 on October 28, 2016, 04:36:20 AM

Bought more AMPs,not bad Cool

AMP value is constantly going down. Why buy now?

$130,000 worth of Amps need to be purchased to take it back up to 30k satoshis. (not alot)
I am fairly sure someone out there who decided to wait untill after the crowdsale to buy is going to fill that gap.

Who will buy now whilst BTC is on the move up ? May as keep hold of the 130K and buy more in a few days/weeks.

No guarantee that BTC price will keep going up anymore than Synereo price going down.
Atm, anyone who buys from poloniex is getting a 30 -40 % discount from crowdsale prices.

Its an attractive buy & it won't last long.

I agree and have been scooping more up at these prices but I understand people with that kind of cash don't even worry about forcing the price lower.
BTC won't go up forever but seems to be unstoppable the past week.

chappolino

newbie

Activity: 22

Merit: 0

Quote from: dranster on October 27, 2016, 08:05:28 PM

DUMP YOUR AMPS NOW

BEFORE IT IS TOO LATE

THE PRICE IS GOING BACK TO 10000 SATS

SORRY BAGHOLDERS

LOL,The bubble burst? Wink

JUSTDLISK

sr. member

Activity: 457

Merit: 250

Bancor

Quote from: luzamarino on October 28, 2016, 08:35:37 AM

Quote from: JUSTDLISK on October 28, 2016, 08:28:34 AM

Quote from: Sharky444 on October 28, 2016, 06:44:13 AM

Quote from: overthetop2011 on October 28, 2016, 04:36:20 AM

Bought more AMPs,not bad Cool

AMP value is constantly going down. Why buy now?

$130,000 worth of Amps need to be purchased to take it back up to 30k satoshis. (not alot)
I am fairly sure someone out there who decided to wait untill after the crowdsale to buy is going to fill that gap.

Who will buy now whilst BTC is on the move up ? May as keep hold of the 130K and buy more in a few days/weeks.

No guarantee that BTC price will keep going up anymore than Synereo price going down.
Atm, anyone who buys from poloniex is getting a 30 -40 % discount from crowdsale prices.

Its an attractive buy & it won't last long.

luzamarino

member

Activity: 81

Merit: 10

Quote from: JUSTDLISK on October 28, 2016, 08:28:34 AM

Quote from: Sharky444 on October 28, 2016, 06:44:13 AM

Quote from: overthetop2011 on October 28, 2016, 04:36:20 AM

Bought more AMPs,not bad Cool

AMP value is constantly going down. Why buy now?

$130,000 worth of Amps need to be purchased to take it back up to 30k satoshis. (not alot)
I am fairly sure someone out there who decided to wait untill after the crowdsale to buy is going to fill that gap.

Who will buy now whilst BTC is on the move up ? May as keep hold of the 130K and buy more in a few days/weeks.

Topic: [ANN] AMP - The Currency That Powers Your Attention On Synereo - page 284. (Read 879222 times)