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Topic: [ANN] AMP - The Currency That Powers Your Attention On Synereo - page 370. (Read 879222 times)

member
Activity: 80
Merit: 10
AMPs arnt Ethereum. AMPs arnt mined the total limit is what 1.6 billion AMPs? Currently there's 84 million ether, today - not at the crowd sale. And currently there's 184 million AMP out...

How many AMPs will be released at the next crowd sale?
legendary
Activity: 1162
Merit: 1042
White Male Libertarian Bro
You guys would have to give an incentive to people to buy your AMPs rather then the markets. Does this imply your AMPs during the crowd sale will be cheaper?

Hey Synereo team you guys dodged my question

Good question. Could OP or someone answer this?

They've already said multiple times that the crowdsale price will be based on the prevailing market price.  Why would they undercut themselves and sell lower than the market?  The goal is to raise as much money as possible.  The more they raise the higher chance of success in dethroning the centralized corporate social media giants.  No sane market participant is going to undercut the crowdsale price either unless they absolutely have to sell, because they need the money.
member
Activity: 95
Merit: 10
You guys would have to give an incentive to people to buy your AMPs rather then the markets. Does this imply your AMPs during the crowd sale will be cheaper?

Hey Synereo team you guys dodged my question

Good question. Could OP or someone answer this?
legendary
Activity: 1162
Merit: 1042
White Male Libertarian Bro
I have started up a personal blog where I will ask questions to the Synereo team, and later perhaps some original articles. These are the very first questions I wanted to be answered before I was willing to buy in.

http://cryptocollectorsclub.tumblr.com/post/148351049114/qa-1-why-i-might-invest-in-synereo

They are doing an ICO soon...Hence the price will dump hard

More coins are entering the market

That's an interesting theory.  What's it based on?

Is the price of oil based on what's on the shelves at retailers, or estimated reserves in the ground?  (we'll leave production costs out, since that is negligible in a crypto)


PS. The "estimated reserves" of AMPs has not changed - no new AMPs enter the supply chain in the crowdfunding.
The current price of the coin based on the number of coins on exchanges rather than the total number of coins. In any event, after an increase of coins on the exchanges price will fall. It is only a fool does not understand.

The market price will only fall if people decide to sell them for less than the crowdsale price.  Imo, I don't think that will happen.  Look at what occurred in the last crowdsale.  The price then was approximately 1000 sats per AMP.  The people who sold them for less than 1000 AMPs on Bittrex didn't make a wise choice seeing as how the price is now over 18x more expensive than the original crowdsale price not including the fact that bitcoin is now almost three times more expensive.  New crowdsale participants will expect a return on investment similar to the original crowdsale participants which would put the price much higher than it is now.

Additionally, imo someone who has vested interest in this project will initiate a sustained effort to drive up the market price of AMPs previous to the start of the crowdsale.  Since the crowdsale price will be based on the market price, their motivations will be to increase the fiat raised during the upcoming crowdsale, which will enhance the resources behind their growing investment.  I would not be surprised in the least to see AMPs trading at 50 cents just previous to the crowdsale.  It would take a very small amount of capital to drive the market to this price level, because very few individuals are selling.  Even at 50 cents an AMP, new crowdsale participants are getting a better deal than the Ethereum crowdsale participants.  50 cents per AMP gives you 1150 AMPs per BTC.  Ethereum sold for 1000 ETHs per BTC.  Everyone knows the ROI Ethereum achieved.  Imo, with Synereo's more advanced DAPP architecture, Synereo is the new Ethereum.
sr. member
Activity: 385
Merit: 250
Your Network. Your Rules.
I have started up a personal blog where I will ask questions to the Synereo team, and later perhaps some original articles. These are the very first questions I wanted to be answered before I was willing to buy in.

http://cryptocollectorsclub.tumblr.com/post/148351049114/qa-1-why-i-might-invest-in-synereo

They are doing an ICO soon...Hence the price will dump hard

More coins are entering the market

That's an interesting theory.  What's it based on?

Is the price of oil based on what's on the shelves at retailers, or estimated reserves in the ground?  (we'll leave production costs out, since that is negligible in a crypto)


PS. The "estimated reserves" of AMPs has not changed - no new AMPs enter the supply chain in the crowdfunding.
The current price of the coin based on the number of coins on exchanges rather than the total number of coins. In any event, after an increase of coins on the exchanges price will fall. It is only a fool does not understand.

No, the price is set initially when the full supply is created, and then changes based on many things.

Everyone knew how many total coins were created - the market price takes that (and any known information) into consideration.

In a staggered funding plan like this, the coins released signify a new stage of development (more new info), and that is a different market signal than an "increase in supply" at the point of sale (which isn't the actual supply anyway).

But you're free to speculate however you want.
Smiley
member
Activity: 80
Merit: 10
Synereo team how many AMP will be sold into the next crowd sale
member
Activity: 80
Merit: 10
You guys would have to give an incentive to people to buy your AMPs rather then the markets. Does this imply your AMPs during the crowd sale will be cheaper?

Hey Synereo team you guys dodged my question
sr. member
Activity: 994
Merit: 250
I have started up a personal blog where I will ask questions to the Synereo team, and later perhaps some original articles. These are the very first questions I wanted to be answered before I was willing to buy in.

http://cryptocollectorsclub.tumblr.com/post/148351049114/qa-1-why-i-might-invest-in-synereo

They are doing an ICO soon...Hence the price will dump hard

More coins are entering the market

That's an interesting theory.  What's it based on?

Is the price of oil based on what's on the shelves at retailers, or estimated reserves in the ground?  (we'll leave production costs out, since that is negligible in a crypto)


PS. The "estimated reserves" of AMPs has not changed - no new AMPs enter the supply chain in the crowdfunding.
The current price of the coin based on the number of coins on exchanges rather than the total number of coins. In any event, after an increase of coins on the exchanges price will fall. It is only a fool does not understand.
sr. member
Activity: 385
Merit: 250
Your Network. Your Rules.
regarding banktothefuture, what I supposed to get upon invest? company share? or AMP???

You can do either way.
legendary
Activity: 1120
Merit: 1000
^Damn, Rogayeh is a hottie!  (That is a chick with short hair yes??)  Grin
sr. member
Activity: 385
Merit: 250
Your Network. Your Rules.


Join our Weekly Update Hangout LIVE now!



Use this link: https://zoom.us/j/2522161381 to participate.

Watch on https://www.youtube.com/watch?v=K_V8YJTGPP4


 Smiley


member
Activity: 80
Merit: 10
I have started up a personal blog where I will ask questions to the Synereo team, and later perhaps some original articles. These are the very first questions I wanted to be answered before I was willing to buy in.

http://cryptocollectorsclub.tumblr.com/post/148351049114/qa-1-why-i-might-invest-in-synereo

They are doing an ICO soon...Hence the price will dump hard

More coins are entering the market

That's an interesting theory.  What's it based on?

Is the price of oil based on what's on the shelves at retailers, or estimated reserves in the ground?  (we'll leave production costs out, since that is negligible in a crypto)


PS. The "estimated reserves" of AMPs has not changed - no new AMPs enter the supply chain in the crowdfunding.

Neither it's ran by a centralized cartel OPEC.
member
Activity: 95
Merit: 10
looking fwd to coming times for AMP...hope we see legit results.  don't be another shitcoin! Cheesy
 

lol. I think they have come much further than that. They have real tech. Check out their github.
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
looking fwd to coming times for AMP...hope we see legit results.  don't be another shitcoin! Cheesy
legendary
Activity: 1162
Merit: 1042
White Male Libertarian Bro
How can I make money investing on Synereo?

What is a node for?

A Synereo node is a processing / storage component of the decentralized social network.
legendary
Activity: 1162
Merit: 1042
White Male Libertarian Bro
Total Supply is 1,680,400,000 AMP and 184,800,000 AMP available atm, right ? When will they be fully distributed?

Only ~46M was sold in the first round the other part of the 184.8M was burned (~138.8M destroyed) which leaves ~1541.6M total supply.
sr. member
Activity: 324
Merit: 250
regarding banktothefuture, what I supposed to get upon invest? company share? or AMP???
sr. member
Activity: 385
Merit: 250
Your Network. Your Rules.
Total Supply is 1,680,400,000 AMP and 184,800,000 AMP available atm, right ? When will they be fully distributed?


I think you have those numbers backwards.  Full distribution will be at least 3 years out - about the time we should be moving straight up the mass adoption curve.    Grin
hero member
Activity: 678
Merit: 500
A bunch of New guys coming , welcome  . Smiley
newbie
Activity: 7
Merit: 0
How can I make money investing on Synereo?

What is a node for?
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