Some bastard is dumping AMP big time. AMP should be on its way to 30k but right now only sub-20.
I suspect it's one of the shills here, talking up and dumping. Selfish bastard.
Topic: [ANN] AMP - The Currency That Powers Your Attention On Synereo - page 96. (Read 879222 times)
Yes compared to the dollar but not to BTC, so when BTC rises in value to USD, AMP would rise twice as hard since it's already relative ahead of in BTC.
It's like 1 btc now is 2000$, and AMP is like 10000 satoshi, if BTC goes down to 1000 $, then AMP could go to 20000 satoshi, and when BTC goes back to 2000$ , the price of AMP will grow 4x more compared to the USD.
It's more like that than anything else.
Who cares about BTC? It's the price in BTC that matters, AMP/BTC on Poloniex basically.
That is our main metric for this coin, and in that scenario, AMP is massively undervalue in my opinion. I mean 18k satoshi for a social media? It should be more like 0.01BTC/AMP
Yes compared to the dollar but not to BTC, so when BTC rises in value to USD, AMP would rise twice as hard since it's already relative ahead of in BTC.
It's like 1 btc now is 2000$, and AMP is like 10000 satoshi, if BTC goes down to 1000 $, then AMP could go to 20000 satoshi, and when BTC goes back to 2000$ , the price of AMP will grow 4x more compared to the USD.
It's more like that than anything else.
2 profitgenerator212:
That is our main metric for this coin, and in that scenario, AMP is massively undervalue in my opinion. I mean 18k satoshi for a social media? It should be more like 0.01BTC/AMP
http://coinmarketcap.com/assets/synereo/
949,291,063 AMP (Total Supply), so total capitalization is ~421mln$ (right now). It's not very cheap I think
That is our main metric for this coin, and in that scenario, AMP is massively undervalue in my opinion. I mean 18k satoshi for a social media? It should be more like 0.01BTC/AMP
http://coinmarketcap.com/assets/synereo/
949,291,063 AMP (Total Supply), so total capitalization is ~421mln$ (right now). It's not very cheap I think
Who cares about BTC? It's the price in BTC that matters, AMP/BTC on Poloniex basically.
That is our main metric for this coin, and in that scenario, AMP is massively undervalue in my opinion. I mean 18k satoshi for a social media? It should be more like 0.01BTC/AMP
BTC looks like it's finished dumping.
Light starts to get green again seems like the storm is over !
Who cares about BTC? It's the price in BTC that matters, AMP/BTC on Poloniex basically.
That is our main metric for this coin, and in that scenario, AMP is massively undervalue in my opinion. I mean 18k satoshi for a social media? It should be more like 0.01BTC/AMP
Weather BTC dumps or pumps it has a big effect on all your alt coins.
After the double whammy, dumping after the beta and BTC bear market, if BTC goes bull then people will be more confident and buy, unless BTC goes mental then everyone dumps.
BTC looks like it's finished dumping.
Light starts to get green again seems like the storm is over !
Who cares about BTC? It's the price in BTC that matters, AMP/BTC on Poloniex basically.
That is our main metric for this coin, and in that scenario, AMP is massively undervalue in my opinion. I mean 18k satoshi for a social media? It should be more like 0.01BTC/AMP
Nope. You are very wrong. Crypto is currently in a bear trend. Best you can do is sell of all your altcoins for the moment. I was on time to sell of my AMP but I was too late with another altcoin I held. Once the bear market stops, I will reenter and I will have more AMP than I had 2 days ago.
BTC looks like it's finished dumping.
Light starts to get green again seems like the storm is over !
BTC looks like it's finished dumping.
Synereo’s WildSpark Platform is now in Beta:
http://www.livebitcoinnews.com/synereos-wildspark-platform-now-beta/
http://www.livebitcoinnews.com/synereos-wildspark-platform-now-beta/
Very often it is just a huge whale selling his stake for fresh bitcoins when the hype is high. During this time a lot more buy support. He can then after put the price back at the same old level with only 25% of the btc he just cashed. Another 50% he uses to pump the price higher them before. The other 25% is breakeven from what he bought initially. Over the next month we will see this pattern evolve.
Moreover I saw this whale when price was at 27k he ate everything till 24k with a 50 BTC wall
I'm 90% sure it wasn't the whale eating those dumps but was doing the dumping himself. That 50btc buy wall was more likely a bull trap to have ppl buy his remaining sell orders before it dumped way down which it did. This isn't to say that eventually amp will rebound in the future.
Has anyone tested out Wildspark, I would like to hear your opinions here
Very often it is just a huge whale selling his stake for fresh bitcoins when the hype is high. During this time a lot more buy support. He can then after put the price back at the same old level with only 25% of the btc he just cashed. Another 50% he uses to pump the price higher them before. The other 25% is breakeven from what he bought initially. Over the next month we will see this pattern evolve.
Moreover I saw this whale when price was at 27k he ate everything till 24k with a 50 BTC wall
2 Diego24:
Where is a bottom for AMP at your opinion?
It depends totally on BTC/USD.Where is a bottom for AMP at your opinion?
Current bottom -- 0.0001
Bitcoin falls heavily -- 0.00005
Bitcoin crashes -- ---> somewhere to zero
As for AMP, we've hit bottom now, you might get one or two selling the bottom, but I think this is it for now.
Peopple are forgetting that the price VS the USD is always fluctuating.
But the price vs BTC might go up, BTC is losing traction, and AMP really deserves a 50,000-100,000 satosi price quickly now despite what the BTC value in USD is.
The price might go up? You said it would surely reach at least 100k when beta was launched.
I hope you are right. My point is: don't underestimate the market. And don't underestimate track record. BTW, Synereo's is very poor.
No I didnt said that I said that the price will go up after the 100k if the platform starts growing.
You cant expect the price to go up in 1 day, it will be just the beginning. It is a wrong timing since all cryto's are going down now vs USD.
But I believe after that correction ends AMP will see itself rising versus the BTC.
Very often it is just a huge whale selling his stake for fresh bitcoins when the hype is high. During this time a lot more buy support. He can then after put the price back at the same old level with only 25% of the btc he just cashed. Another 50% he uses to pump the price higher them before. The other 25% is breakeven from what he bought initially. Over the next month we will see this pattern evolve.
2 Diego24:
Where is a bottom for AMP at your opinion?
It depends totally on BTC/USD.Where is a bottom for AMP at your opinion?
Current bottom -- 0.0001
Bitcoin falls heavily -- 0.00005
Bitcoin crashes -- ---> somewhere to zero
As for AMP, we've hit bottom now, you might get one or two selling the bottom, but I think this is it for now.
Peopple are forgetting that the price VS the USD is always fluctuating.
But the price vs BTC might go up, BTC is losing traction, and AMP really deserves a 50,000-100,000 satosi price quickly now despite what the BTC value in USD is.
The price might go up? You said it would surely reach at least 100k when beta was launched.
I hope you are right. My point is: don't underestimate the market. And don't underestimate track record. BTW, Synereo's is very poor.
Let's not forget a beta was released, it will be opened up for public use soon. I think most of us sold some and rebought lower on that one also.
Buy support has remaind through out the dumping too.
Amp will correct back up this week as long as BTC and ETH have finished dumping.
2 Diego24:
Where is a bottom for AMP at your opinion?
It depends totally on BTC/USD.Where is a bottom for AMP at your opinion?
Current bottom -- 0.0001
Bitcoin falls heavily -- 0.00005
Bitcoin crashes -- ---> somewhere to zero
As for AMP, we've hit bottom now, you might get one or two selling the bottom, but I think this is it for now.
Peopple are forgetting that the price VS the USD is always fluctuating.
But the price vs BTC might go up, BTC is losing traction, and AMP really deserves a 50,000-100,000 satosi price quickly now despite what the BTC value in USD is.
The price might go up? You said it would surely reach at least 100k when beta was launched.
I hope you are right. My point is: don't underestimate the market. And don't underestimate track record. BTW, Synereo's is very poor.
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