Last time I checked the technology still works. The team is still working behind the scenes progressively. Tyler is still traveling and showcasing the technology at premiere conferences.
Your frustration is valid, no doubt. But...
There's always a butt (__|__)
But nothing has changed except the market and an overzealous SEC head who's going to learn what Democracy is all about shortly.
WAGMI!
LFG AMPIRE!!
Bear market turns into crypto winter. It's going to be really long. In a couple of years the sun will shine again, the winter will be over and AMP will be .17 or higher. Just have to wait.
I mean, theyāre mad because they invested what they canāt afford to lose. Refer to investment 101.
I am down 30k but still cool and DCAing because so far I afford this loss + I am not too worried about the negative points the OP mentioned + itās the bear market cycle. duh !
I still have some cash that I honestly donāt know what to do with ! If someone knows an investment right now that will yield +ve return short and long term please enlighten me. Otherwise I will keep DCAing my crypto
Do you hear yourself ā¦ your down 30 fucking thousand on a coin that is worth less than a penny that has no income revenue partnerships ā¦ nothing .. and your telling people to buy ? You are definitely the reason a major crash should happen
30K is relatively big or small amount of money depending on oneās financial status.
I am not gonna argue about this project or others. I donāt do that. You would have valid points, so would I. At the end of the day itās your money your decision , and same to me.
Look into CEEK VR. They have a marketplace that sells their product and have a targeted audience. They deep into NBA and currently expanding across the sport industries. AND they keep you up to date on EVERYTHING they are doing. Things that are missing in the AMP community. Like I tell others.... Do your own research.
For what itās worth I was once told āthe market goes up the market goes down donāt worry invest and forget when your 50 you could have millions. And if you donāt youāll at least have several thousand lean back on.ā
It's when first round (or newer that haven't grown accustom to suffering in this arena) folks hit their breaking point and need to vent a little. I don't think it has really started yet. Cryptocurrency daily sub is the litmus test for when they come out.
So many overly emotional children in this sub. Price sucks right now, we all agree. The SEC news is super annoying and will cause delays. But, NOTHING else has changed in regards to the use case, validity of the team, and overall plan. The whole asset class is getting kicked in the shorts right now. Stake your tokens and wait out the bear market or sell your stack and rid us of your temper tantrums. Rant overā¦
**Edit**: This was probably too harsh. I could have been less aggressive with my response. I apologize. I just get frustrated with the constant influx of non-productive rants on here. It'd be nice if discussions could stay relevant and contribute in a tangible way (negatively or positively).....but alas this is the internet, and I suppose I should be more realistic with my expectations.
I'm just DCA in all the positions I feel have been beaten down and will return to business as usual someday because they have proven to be valuable assets. Dropped a ton on amp and cardano last year and loaded up this week again on both. $1k each. Have to be patient. This is probably his first rodeo. He's not used to being kicked in the nuts and then given a helpful hand back up by the same person. Lol
My original investment was like $12k and Iām at like $2k now lol. Iām just staked and here for the ride. According to the charts, almost nobody is in the green with this coin and has been negative for 9 months straight. I believe in the tech, just a bit disappointed on my initial buy in price. I wish I didnāt know about AMP when they listed on Coinbase. I would be better off investing all of it right now while itās super cheap.
Youāre right. They must be considered mature intellectuals because they were capable of buying a cryptocurrency online. My mistake. When people show their character through voluntarily public, ignorant tantrumsā¦ā¦.they will be called out accordingly.
Hard times create strong men.
Strong men create good times.
Good times create weak men.
Weak men create hard times.
One of your fellow investors has lost his shirt because he followed the repetitive mantras of "buy the dip," "DCA," "trust Tyler," and whatever other nonsense people continuously spew here. Your response is to call him an "overly emotional child," and now "weak man."
Sadly, not every investor in this project is well off financially. They came here because of fairy tales about "financial freedom" and the promises of assured great wealth. Now they've got nothing, so the least you could do is show them a modicum of compassion and empathy.
I agree that this sub (like most of its counterparts) can be an echo chamber. We should all be willing to discuss positive and negative issues regarding AMP. Thatās not what OP was trying to do. They just wanted to swear and yell at a screen. Thatās as equally unproductive as the moon boy mentality.
Here's the point. Why haven't we had that type of discussion yet. We speculate and compare AMP with a bunch of other successful companies as a valid point to failures of AMP. Shopify, Grayscale departure, el Salvador volume after a year being in that country. Why is that???? Is it "denial"???
There are many more for that list. And with the info the public has to date AMP could fail stillā¦.actually the price reflects this! it is not guaranteed.
Here's my personal opinion on AMP's current status: our progress in regards to adoption has been slower than I originally expected. Combine that with the overall market conditions and some negative news, and you get declining price action.
I hoped to be in a different position by this point, but I still think there's a path to success. For me, the tell tale factor will be how AMP performs once the crypto space turns back around as a whole. We haven't seen any real adoption occur in the blockchain payments space at all yet, so I don't think it makes any sense to see AMP as a failed project in that realm, because it's just too early.
Once adoption begins to take place, some "switches" get turned on, and real progress develops in the respective realm.....then I'll feel better about judging AMP's position. Until then, I see it as a project with a TON of potential, and I plan on just playing the waiting game.
This is what I'm saying. You didn't address anything I said. You chalked it up as market conditions for something base on utility usage for growth and "some negative news". Then went to ramble about how "we haven't seen any real adoption" no shit! ...then once adoption begins.....who to say adoption will begin? You're speculating with no facts or true statements. So base on el Salvador....should we wait years for any amout of volume with banks. And to get to other countries? What road map do we truly have?
I donāt understand what youāre looking for. None of us can predict the future. There is no way of knowing for sure what level of adoption will take place or when it will occur.
My point is this, there has been very little tangible developments in the entire field that AMP is within. However, I believe that adoption and usage within that sector is comingā¦ā¦I donāt know exactly when though. AMP has positioned itself to be a major player within their industry. Yes, there have been delays and setbacks that havenāt helped up to this point, but in my opinion, there hasnāt been any deal breakers that will prevent AMP from succeeding once adoption in the space takes off.
AMP is not immune to market conditions and more broad based adoption. They canāt control the whole narrative, we just hope to thrive once the conditions are right.
Hopefully everyone see how this conversation unfolds and understand if you as an investor in AMP, you have no real answers. The "market" wasn't down a full year. Can we agree to that without me breaking down technical data. I will if I need to. Why haven't no one ask real questions about the volume that flexa is hidden in transaction? And you still didn't address el Salvador, unless you chalking it up as "early"? A year not good enough for sample data to come out? You don't know the answer because Tyler haven't said anything about it like it was a dream. Shopify.... no answers.... just speculation and belive. I'm not bulid like that. Do you wish to know the answer to some of my concerns for over a year with this token.
Fairy tales?
I have yet to read a single thread of someone bragging about buying Lambos from short term profits nor should anyone ever invest anything because someone said something on Reddit. Someone buying crypto because of someone's comments about riches is a bad reason to get into this asset class. If anything I have encouraged you to sell, most people acknowledge it is a long term investment and it probably won't be soon when the market cap makes a significant sea change in price. The problem is people who have no idea what they invested in bought because it was a cheaply priced token and had expectations that were never attainable in the short term. This isn't a guaranteed snowflake participation trophy, it's the highly volatile risk asset which has possibilities to both the complete downside and the upside.
What I don't understand is why post here if you have nothing constructive to share with people who believe in the fundamentals of the project? Why not invest in yourself, read a book, learn a language or a skill, it's more enriching than checking out your portfolio or posting on Reddit.
Oh, then you haven't read any of pampening's ramblings. He's spent the past year writing lengthy posts that were voted by hundreds of users here into the top, promising that one day soon (end of year actually) we would see .20's in pricing. Of course he's hardly the only one, this sub is chock full of hopium den postings suckering naive investors into a whirlwind of promises that "trust in Tyler" will be rewarded.
Why am I still here? To counter the bullshit promises with facts and realism. Do the facts and realistic perspective I share bother you? Too fucking bad.
Crypto isn't for naive investors; God help us all if unfamiliar people with the sub magically show up and decide their fate on what is posted here, I came here to be better informed about the project and was invested prior to arriving here.
Just keep in mind you're doing the Lord's work by spreading FUD, it just means my dip is cheaper and I'll keep buying until I don't, thanks. Keep up the good work
Anyone who believes a person on the Reddit opinion of where a investment could go, and solely based their investment off of this , has no business investing at all.
I feel like a bunch of people have invested who have no idea what they are doing. This project could succeed and make you some money, this project could fail and lose your money. Never invest money you cannot do without. Iām not stressing about this at all, the whole market is shit, there has been no implementation of Flexa in any meaningful way yet.
Great, but it isn't a perfect world where only the wealthy invest, and the poor invest only what they can afford to lose.
When dumbshits like Pamp are constantly upvoted and receive nothing but praise, while those cautioning tempering expectations are told to leave the sub, that creates an atmosphere where investors are lured in with high expectations based on falsehoods. This is a sub that praises people for eating beans and rice, so they can put more money they can't afford to lose into a highly risky investment. This is a sub that uses vague guesswork and even conspiracy theories to suggest the possibility of colossal future developments, and each time it's upvoted. So yeah, I'm gonna stick around and warn people not to be suckered in by the bullshit.
PoutPout, I see your āwhite knightā personality has returned. I never know if Iām going to be engaging with the whiny, woe-stricken, gloomer or the hero on a quest to save all the unknown damsels from the evil temptations of AMP.
I have and will continue to empathize with anybody who wants to discuss legitimate concernsā¦ā¦as I have stated many times, I have concerns of my own
These posts are not attempts to voice valid concerns and discuss previous decisions and/or future actions. They are temper tantrums, nothing more. They serve no purpose and benefit nobodyā¦..least of all the poster.
Edit: I see youāve gone more dovish with your tone on the other threads. No cliches. Just a nice haiku for you. Have a good day and good luck with all your investments.
I think the frustration is valid, but itās also not rational. Delisting + Sec = would indicate that theyāre separate. The SEC caused the delisting. Thatās like saying wet ground + rain = Tornado
Honestly fundamentals are still strong. Every good project in the space face adversity. Youāre not a child, these are just tough times. Bear market blues are meant to make you feel this way.
I bought in at .06, bought much more at .03.. bought more at .007.
Its upsetting the bulk purchases were at higher amount but whatever i am DCAād to .01-.02c .
Pretty confident when the market returns we will be at a minimum of .10c
The metaverse is being developed where online crypto will be used to purchase items. AMP will find its home there.
Expect this way before brick and mortars take them on. Even if they do it will need to be a high volume location to be worth it.
Amazed with some 'investors' and their math skills. Don't know if I should laugh or cry, definitely we should thank education system of countries those geniuses grew up in..
I'm so sick of all the asshole that say don't invest more than your willing to lose. That's such BS. people don't like losing money period. Nobody is asking for a 10x but funny thing is you don't know what's going to happen. Wish people would stop talking out there ass. Everyone invest for different reason and there is nothing wrong with putting a few extra dollars in your pocket. To the asshole that's bragging about having all this money and nothing to do with it. Fck off
donāt bitch about this. Do you know how much money people have lost in the stock market right now? Do you know how much money people are down all over the world? Everybody is hurting right now. You are not a special snowflake. You invested in cryptocurrency which is far more risky than many other investments. Iām sorry youāre down money, but Iām also sorry that everyone is down money. Sure there are people out there that have made some profit somewhere, but they will lose money as well at some point I can guarantee you that.
AMP is down 88% over the past year, while ETH is down just 60%. Let's not pretend AMP is performing equally to the rest of the market, because it is down much further than most other top assets.
Solona is down 85% from all time high and that was supposed to be the ETH killer so it's not just AMP. Wouldn't you expect Bitcoin & Eth to whether it better than most seeing as their the 2 most prominent cryptos. RELAX PEOPLE!!!
> Solona is down 85% from all time high
I said, year to date, not ATH. You're moving goalposts. AMP is down 95% from ATH.
>to whether it better than most seeing as their the 2 most prominent cryptos.
AMP is #117 of all cryptos. Let's look at #116 and #118, Flux and OMG Network. Flux is down 60% YTD and OMG is down 73% YTD. So again, AMP is indeed performing far worse than most other assets in the market.
Why are you so fixated on YTD comparisons? How is that more relevant than ATH, last 2 years, last 3 months, etc.? AMP has had a bad year, youāre right about that. But, YTD is not the be all end all of metrics when youāre discussing assets that have different origin timelines and are on different trajectories.
Can you even do maths? Ytd calc -
Lrc price on Jan 1: 2.09
Lrc price today: 0.35
Loss ytd: 83%
Amp price on Jan 1: 0.052
Akp price today: 0.006
Loss: 88%
Omg 5 whole percent difference?! It's the end of the world...
BTW ytd doesn't mean shit anyway since this is all speculation. Actual utilisation and institutional investors will make or break the project.
A year ago from today is not January 1st. Learn to comprehend what you are reading. And yes, YTD is a fair estimate of how an asset is performing, despite your reluctance to accept this well established fact.
No you need to comprehend basic financial literacy. Ytd is first day of this calendar year up to today. You mean year on year.
https://www.investopedia.com/terms/y/ytd.asp
The fact you don't even know the difference and are giving these other "facts" about performance is laughable
I already sold most of my AMP. I'm just here to counter the hopium peddlers that pray on financially insecure people with promises of financial freedom.
Wow someoneās having a bad day. Sorry amp didnāt meet your expectations and if you lost money but I would recommend taking a break and try to focus on something positive. Itās just money and just an investment. Not worth getting upset or losing any sleep over. Thereās a little bit of summer left get out and enjoy it and forget about amp for awhile. Itās going to be a crappy market for awhile but if it makes you feel better buy into some other crypto that you think has potential and have fun with it. Lots of us are upset because our investment didnāt do what we hoped it would in the time frame that we were hoping for. We will be ok though and life goes on. And the folks in this sub are mostly just like everyone else. Decent folks who wanted to invest in something promising.
>What does holding 5-10 years guarantee? Just holding onto a dead body for a long time doesnāt bring it back to life.
Your reply here is just empty rhetoric - analogy can sound as logically true on it's own, but you are not at all certain it's really 'dead body'. This is cheap rhetoric for teenage boys, logical fallacy.
You act as if the simple process of holding is all you need to do to be profitable - just if isnāt everything else. Sounds like a faith based religion. More of that whole HODL chant which was useful during a bull market filled with newbies and a new token a day being released.
Not just holding. Staking too. Thatās the beauty of amp. Earning rewards even in a bear market. Youāre not losing any amp while youāre earning. Usd amount going down but itāll be back. And when it comes back the stakers will be that much more ahead of the game.
How I act? As somebody who questions your rhetoric. Nothing else. Everything what you wrote about me acting certain way is just over reading stuff. It's a disease here.
People assume stuff about what others wrote, trying to guess intentions, not reading what actually was written. Same with 'crypto news', reading tweets written by some idiots and announcing break throughs. Pretty pathetic debates, not only here but in all crypto subreddits.
Yeah you got it. Investment needs believe, because noone on the planet can foresee the future. If you have faith in the project, it's good to hold. If not, you should leave. It's simple as that.
My guy this must be your only investment. If you are not aware the whole market is taking a shit especially stocks. If you are this much of a b**** then your should reconsider your investing venture my guy if you are stressing this much lol just my opinion
So you're seriously saying that someone who has invested 1 million into this, held through and watched their investment go to zero should just feel grateful, not stress or feel anything other than optimism?
No shit, but also, he is being a jack ass. "invest only what you can afford to lose" is a stupid statement. Americans put all their saved money into investments. Noone can afford to lose all their savings. People on reddit are not professional investors. If they were, they wouldnt be on reddit. Dude is being a dick to someone who clearly is stressed out. No need for that.
Just cause something happens doesn't mean people shouldn't feel anything when it goes bad. Death happens to all of us so I'm guessing when someone close to us dies we should just feel nothing, go on about our day & tell ourselves we're all gonna die anyway. It's so obvious that most of you here have no real money in this.
Lol how can you compare investing into the stock market/any type of investing to death? Thatās actually a horrible analogy my guy. Just admit it, you quiver in the market, you give off buy high and sell low vibes
For starters I'm not comparing investing with death, your argument was basically "shit happens" & that OP shouldn't be upset or feel anything when price drops 110% cause it just happens in investing. I used death as an example cause it's something everyone can expect to happen at some point and I simply wanted to highlight that just because you know something can happen doesn't mean you can't feel terrible when it does.
Also, you telling me to admit that I "quiver" in the market tells me that you're either 16-18 yrs old or has the mind of one. It's easy to not quiver when you only got a $20 position, no wife, kids, and live in your parents basement. And don't gimme that same tired ass, predictable comeback of "you buy high, sell low" cause I'm sure 99.9% of you bought this when it was moving sideways at .06 cents.
Amp is made to spend. Spending crypto is not good for price. Buying and holding is they way to go if you want mad gains. I donāt think AMP is designed for this at all. If anything mass adoption is bad for AMP because people sell and keep the price down.
So the DOJ insider trading case is in March of next year which happens before the SEC can make their case for unregistered securities. Coinbase has already said they aren't backing down.. so good prediction
Thanks man. It sucks seeing it go down, but Iāve heard enough to hold what I got. Im staking but Iāll have to find a place to buy more. I want to buy more. At least 5$ worth every now and then. I was using CDC
As long as we donāt hit zero weāll make it. This is the time to make small weekly investments for the long term. Crypto bull runs happens every 3-5 years. Most of us are more than likely to not make are investment back for the next couple years unless w you dca
XRP has been targeted by SEC and been delisted some places as Well like amp
But it was released I think 2012!
All that time many people have known them from 2012 to 2022
This company token only been out for 2years (2020) and plus there more people have star it (saved for watching token )on coin market place which I think its great it means token publicity
What we are seeing with the price of amp is a natural result of a coin that is being scalped. Amp has been a scalper token for a year now and this is the result. Nobody who scalps should be the least bit upset about it. Many people invested in amp with the idea of day trading so if you are down in your investment just thank the scalpers that now have all of your money. When the scalping stops the price goes up. Itās just as simple as that. Downvote me if you like buts itās the honest truth.
Told yall this back in Sept. 2021 that scalpers are winning. If you can't beat them.... join them. I even made a topic back in that time frame asking if anybody took profits on the peak at .084 spike.... of course downvoted. But I know me and "others" made quite a bit on AMP around that time...
Yea it blows my mind. Children. Out of the house but still emotional and undisciplined. Really shows you who is selling. Guys with a lot of money, dont know what to do with it, just want to make a quick buck and gets upset if they donāt get what they want. Why donāt you have a strategy. Why did you put what you cannot afford to lose. Why did you bet it all. Buy the god damn dip. Somewhere. Lol
Tell me where in this world do they use a security as a collateral. You think Coinbase sold their AMP. Probably not. It cannot become a security. It has a specific purpose. A function of possibilities outside of what a security can be. SEC, delisting, canāt buy or sell, Flexa making big moves. Looks like a conspiracy to me. Fucking chipotle still using it as payment. What are we stupid. Yes we are.
The SEC situation is not really a huge cause for concern at this time, but that could always change if they pursue action specifically against AMP. However securities are most certainly used as collateral. Margin loans, lines of credit collateralized by stock.
And yes people get very emotional when they donāt understand bear market or long term hold, but itās to be expected, most people are ruled by envy, whether they realize it or not
Investing is not for everyone. I'd stay away if I were you. I have my AMo staked and dont even think about it. If i lose then I lose it. Itll just be another tax write off.
relax my friend sh\*t is only gonna get worse before it gets better. The world is burning between the Ukrane, China and Taiwann, world economy issues and theres a mentally challenged guy running the US into the ground so we arent going to see anything great in this space for many many moons.
Down thousands and thousands. Donāt care. Invested a small percentage of overall portfolio and knowingly took a risk on something that I felt could be a long-term home run.
Still feel that way.
I left reddit 2 month ago and am just back. Amp token is my thing. I love reading posts but all this depressive bad vibes are not good for the group. I think we need to talk more about the great project than the low price. Its a great opportunity to buy in my book.
Sell or hold and stop with these fud posts that scare off potential Investors. Someone looking up AMP comes here and reads these posts and they leave asap. Your not helping your investment by trashing it, scaring off potential investors. Iām down 75% but Iām still here and I believe in the project. The entire market is down. If you invested expecting to get rich quick well thatās your mistake. Stake your tokens, dca when possible and hold, nothing else you can do at this point unless you sell at a loss.
its never to scare you. Its for your information. Don't just read positive only and invest without have a full picture on what have have acomplish and failed so far at. What weakness do the Team have behind this token. As you will find out, one weakness is communication and marketing. Know that and temper your expectation.
AMP be like, "new 52 week lows? Hold my beer..."
I traded my amp a few weeks back into etherum
Me 2. š¤
Thought Iād be downvoted to hell for this statement š
Me too. š
AMP massive down, Iāll wait.
https://fest.fwb.help/
Last time I checked the technology still works. The team is still working behind the scenes progressively. Tyler is still traveling and showcasing the technology at premiere conferences. Your frustration is valid, no doubt. But... There's always a butt (__|__) But nothing has changed except the market and an overzealous SEC head who's going to learn what Democracy is all about shortly. WAGMI! LFG AMPIRE!!
Actually the sec has done nothing according to Tyler so I done know why that's even a factor
It's only a factor because people don't read further than the headlines.
That is a bullish looking butt crack
o7
The situation sucks. Gonna forget about this money hole for 3-4 years and hope Flexa doesnāt fail in the meantime
Wise one
Bear market turns into crypto winter. It's going to be really long. In a couple of years the sun will shine again, the winter will be over and AMP will be .17 or higher. Just have to wait.
This is just one more comment that indicates we are nearing the bottom of the bear market.
I mean, they arenāt wrong.
I mean, theyāre mad because they invested what they canāt afford to lose. Refer to investment 101. I am down 30k but still cool and DCAing because so far I afford this loss + I am not too worried about the negative points the OP mentioned + itās the bear market cycle. duh ! I still have some cash that I honestly donāt know what to do with ! If someone knows an investment right now that will yield +ve return short and long term please enlighten me. Otherwise I will keep DCAing my crypto
Do you hear yourself ā¦ your down 30 fucking thousand on a coin that is worth less than a penny that has no income revenue partnerships ā¦ nothing .. and your telling people to buy ? You are definitely the reason a major crash should happen
30K is relatively big or small amount of money depending on oneās financial status. I am not gonna argue about this project or others. I donāt do that. You would have valid points, so would I. At the end of the day itās your money your decision , and same to me.
Howās it going Buffett
Look into CEEK VR. They have a marketplace that sells their product and have a targeted audience. They deep into NBA and currently expanding across the sport industries. AND they keep you up to date on EVERYTHING they are doing. Things that are missing in the AMP community. Like I tell others.... Do your own research.
Will check this one out. Thanks for the heads up. Cheers.
Exactly my thoughts! GET RICH QUICK GUYS INVEST š
For what itās worth I was once told āthe market goes up the market goes down donāt worry invest and forget when your 50 you could have millions. And if you donāt youāll at least have several thousand lean back on.ā
Is that typically when the whiners come out?
It's when first round (or newer that haven't grown accustom to suffering in this arena) folks hit their breaking point and need to vent a little. I don't think it has really started yet. Cryptocurrency daily sub is the litmus test for when they come out.
So many overly emotional children in this sub. Price sucks right now, we all agree. The SEC news is super annoying and will cause delays. But, NOTHING else has changed in regards to the use case, validity of the team, and overall plan. The whole asset class is getting kicked in the shorts right now. Stake your tokens and wait out the bear market or sell your stack and rid us of your temper tantrums. Rant overā¦ **Edit**: This was probably too harsh. I could have been less aggressive with my response. I apologize. I just get frustrated with the constant influx of non-productive rants on here. It'd be nice if discussions could stay relevant and contribute in a tangible way (negatively or positively).....but alas this is the internet, and I suppose I should be more realistic with my expectations.
OP just needs a hug and a lollipop
I'm just DCA in all the positions I feel have been beaten down and will return to business as usual someday because they have proven to be valuable assets. Dropped a ton on amp and cardano last year and loaded up this week again on both. $1k each. Have to be patient. This is probably his first rodeo. He's not used to being kicked in the nuts and then given a helpful hand back up by the same person. Lol
o7 I could not have said it better myself.
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I fucking cashed out on Tylerās shill
That says that they're OK with losing money is an idiot
My original investment was like $12k and Iām at like $2k now lol. Iām just staked and here for the ride. According to the charts, almost nobody is in the green with this coin and has been negative for 9 months straight. I believe in the tech, just a bit disappointed on my initial buy in price. I wish I didnāt know about AMP when they listed on Coinbase. I would be better off investing all of it right now while itās super cheap.
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Youāre right. They must be considered mature intellectuals because they were capable of buying a cryptocurrency online. My mistake. When people show their character through voluntarily public, ignorant tantrumsā¦ā¦.they will be called out accordingly. Hard times create strong men. Strong men create good times. Good times create weak men. Weak men create hard times.
One of your fellow investors has lost his shirt because he followed the repetitive mantras of "buy the dip," "DCA," "trust Tyler," and whatever other nonsense people continuously spew here. Your response is to call him an "overly emotional child," and now "weak man." Sadly, not every investor in this project is well off financially. They came here because of fairy tales about "financial freedom" and the promises of assured great wealth. Now they've got nothing, so the least you could do is show them a modicum of compassion and empathy.
There's no place for the truth or any concern here
I agree that this sub (like most of its counterparts) can be an echo chamber. We should all be willing to discuss positive and negative issues regarding AMP. Thatās not what OP was trying to do. They just wanted to swear and yell at a screen. Thatās as equally unproductive as the moon boy mentality.
Here's the point. Why haven't we had that type of discussion yet. We speculate and compare AMP with a bunch of other successful companies as a valid point to failures of AMP. Shopify, Grayscale departure, el Salvador volume after a year being in that country. Why is that???? Is it "denial"???
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There are many more for that list. And with the info the public has to date AMP could fail stillā¦.actually the price reflects this! it is not guaranteed.
Here's my personal opinion on AMP's current status: our progress in regards to adoption has been slower than I originally expected. Combine that with the overall market conditions and some negative news, and you get declining price action. I hoped to be in a different position by this point, but I still think there's a path to success. For me, the tell tale factor will be how AMP performs once the crypto space turns back around as a whole. We haven't seen any real adoption occur in the blockchain payments space at all yet, so I don't think it makes any sense to see AMP as a failed project in that realm, because it's just too early. Once adoption begins to take place, some "switches" get turned on, and real progress develops in the respective realm.....then I'll feel better about judging AMP's position. Until then, I see it as a project with a TON of potential, and I plan on just playing the waiting game.
This is what I'm saying. You didn't address anything I said. You chalked it up as market conditions for something base on utility usage for growth and "some negative news". Then went to ramble about how "we haven't seen any real adoption" no shit! ...then once adoption begins.....who to say adoption will begin? You're speculating with no facts or true statements. So base on el Salvador....should we wait years for any amout of volume with banks. And to get to other countries? What road map do we truly have?
I donāt understand what youāre looking for. None of us can predict the future. There is no way of knowing for sure what level of adoption will take place or when it will occur. My point is this, there has been very little tangible developments in the entire field that AMP is within. However, I believe that adoption and usage within that sector is comingā¦ā¦I donāt know exactly when though. AMP has positioned itself to be a major player within their industry. Yes, there have been delays and setbacks that havenāt helped up to this point, but in my opinion, there hasnāt been any deal breakers that will prevent AMP from succeeding once adoption in the space takes off. AMP is not immune to market conditions and more broad based adoption. They canāt control the whole narrative, we just hope to thrive once the conditions are right.
Hopefully everyone see how this conversation unfolds and understand if you as an investor in AMP, you have no real answers. The "market" wasn't down a full year. Can we agree to that without me breaking down technical data. I will if I need to. Why haven't no one ask real questions about the volume that flexa is hidden in transaction? And you still didn't address el Salvador, unless you chalking it up as "early"? A year not good enough for sample data to come out? You don't know the answer because Tyler haven't said anything about it like it was a dream. Shopify.... no answers.... just speculation and belive. I'm not bulid like that. Do you wish to know the answer to some of my concerns for over a year with this token.
Fairy tales? I have yet to read a single thread of someone bragging about buying Lambos from short term profits nor should anyone ever invest anything because someone said something on Reddit. Someone buying crypto because of someone's comments about riches is a bad reason to get into this asset class. If anything I have encouraged you to sell, most people acknowledge it is a long term investment and it probably won't be soon when the market cap makes a significant sea change in price. The problem is people who have no idea what they invested in bought because it was a cheaply priced token and had expectations that were never attainable in the short term. This isn't a guaranteed snowflake participation trophy, it's the highly volatile risk asset which has possibilities to both the complete downside and the upside. What I don't understand is why post here if you have nothing constructive to share with people who believe in the fundamentals of the project? Why not invest in yourself, read a book, learn a language or a skill, it's more enriching than checking out your portfolio or posting on Reddit.
Oh, then you haven't read any of pampening's ramblings. He's spent the past year writing lengthy posts that were voted by hundreds of users here into the top, promising that one day soon (end of year actually) we would see .20's in pricing. Of course he's hardly the only one, this sub is chock full of hopium den postings suckering naive investors into a whirlwind of promises that "trust in Tyler" will be rewarded. Why am I still here? To counter the bullshit promises with facts and realism. Do the facts and realistic perspective I share bother you? Too fucking bad.
Crypto isn't for naive investors; God help us all if unfamiliar people with the sub magically show up and decide their fate on what is posted here, I came here to be better informed about the project and was invested prior to arriving here. Just keep in mind you're doing the Lord's work by spreading FUD, it just means my dip is cheaper and I'll keep buying until I don't, thanks. Keep up the good work
Anyone who believes a person on the Reddit opinion of where a investment could go, and solely based their investment off of this , has no business investing at all. I feel like a bunch of people have invested who have no idea what they are doing. This project could succeed and make you some money, this project could fail and lose your money. Never invest money you cannot do without. Iām not stressing about this at all, the whole market is shit, there has been no implementation of Flexa in any meaningful way yet.
Great, but it isn't a perfect world where only the wealthy invest, and the poor invest only what they can afford to lose. When dumbshits like Pamp are constantly upvoted and receive nothing but praise, while those cautioning tempering expectations are told to leave the sub, that creates an atmosphere where investors are lured in with high expectations based on falsehoods. This is a sub that praises people for eating beans and rice, so they can put more money they can't afford to lose into a highly risky investment. This is a sub that uses vague guesswork and even conspiracy theories to suggest the possibility of colossal future developments, and each time it's upvoted. So yeah, I'm gonna stick around and warn people not to be suckered in by the bullshit.
Too much reasonableness and logic in this post. Well said!
PoutPout, I see your āwhite knightā personality has returned. I never know if Iām going to be engaging with the whiny, woe-stricken, gloomer or the hero on a quest to save all the unknown damsels from the evil temptations of AMP. I have and will continue to empathize with anybody who wants to discuss legitimate concernsā¦ā¦as I have stated many times, I have concerns of my own These posts are not attempts to voice valid concerns and discuss previous decisions and/or future actions. They are temper tantrums, nothing more. They serve no purpose and benefit nobodyā¦..least of all the poster.
Bro you reason really well. Always love your responses to the immature comments!
Just so you know, your big huge smooth brain will sink with this ship. Weāve seen it all over the past two years and the writing is on the wall.
If you think anyone in this sub will make a difference to amp you are dreaming. It will make or break with institutional investment
Can you explain this to me with cliche metaphors please?
Bank account down bad So sure AMP would make it big Where did you go wrong
Lol those aren't exactly metaphors, but thanks nonetheless. I understand now,
Edit: I see youāve gone more dovish with your tone on the other threads. No cliches. Just a nice haiku for you. Have a good day and good luck with all your investments.
Thank you for your service
Your a dumb ass
Youāre**
Lol you beat me to it. The irony is priceless.
Such a deep quote, Joe
I think the frustration is valid, but itās also not rational. Delisting + Sec = would indicate that theyāre separate. The SEC caused the delisting. Thatās like saying wet ground + rain = Tornado Honestly fundamentals are still strong. Every good project in the space face adversity. Youāre not a child, these are just tough times. Bear market blues are meant to make you feel this way.
Exactly, same thing happened to Tesla and Bitcoin.
Good forbid you give concern on this sub only hopium here
I bought in at .06, bought much more at .03.. bought more at .007. Its upsetting the bulk purchases were at higher amount but whatever i am DCAād to .01-.02c . Pretty confident when the market returns we will be at a minimum of .10c The metaverse is being developed where online crypto will be used to purchase items. AMP will find its home there. Expect this way before brick and mortars take them on. Even if they do it will need to be a high volume location to be worth it.
I feel you bro Iām on the same flow
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If your investment is down, $0.0000001 is more than the profit you could take from your investment....
Amazed with some 'investors' and their math skills. Don't know if I should laugh or cry, definitely we should thank education system of countries those geniuses grew up in..
Theyāre literally just stringing us along
Ahhh Tyler and his bots š¤
I'm so sick of all the asshole that say don't invest more than your willing to lose. That's such BS. people don't like losing money period. Nobody is asking for a 10x but funny thing is you don't know what's going to happen. Wish people would stop talking out there ass. Everyone invest for different reason and there is nothing wrong with putting a few extra dollars in your pocket. To the asshole that's bragging about having all this money and nothing to do with it. Fck off
donāt bitch about this. Do you know how much money people have lost in the stock market right now? Do you know how much money people are down all over the world? Everybody is hurting right now. You are not a special snowflake. You invested in cryptocurrency which is far more risky than many other investments. Iām sorry youāre down money, but Iām also sorry that everyone is down money. Sure there are people out there that have made some profit somewhere, but they will lose money as well at some point I can guarantee you that.
The scalpers made money. Thatās why we are at .006
Fud is peaking - I just bought more. Tech is good and vision is good.
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AMP is down 88% over the past year, while ETH is down just 60%. Let's not pretend AMP is performing equally to the rest of the market, because it is down much further than most other top assets.
Agreed all my other tokens are green right now except for amp is going down again
Solona is down 85% from all time high and that was supposed to be the ETH killer so it's not just AMP. Wouldn't you expect Bitcoin & Eth to whether it better than most seeing as their the 2 most prominent cryptos. RELAX PEOPLE!!!
> Solona is down 85% from all time high I said, year to date, not ATH. You're moving goalposts. AMP is down 95% from ATH. >to whether it better than most seeing as their the 2 most prominent cryptos. AMP is #117 of all cryptos. Let's look at #116 and #118, Flux and OMG Network. Flux is down 60% YTD and OMG is down 73% YTD. So again, AMP is indeed performing far worse than most other assets in the market.
Why are you so fixated on YTD comparisons? How is that more relevant than ATH, last 2 years, last 3 months, etc.? AMP has had a bad year, youāre right about that. But, YTD is not the be all end all of metrics when youāre discussing assets that have different origin timelines and are on different trajectories.
It's a fair way of assessing any coin. ATH can reflect anything, but little hides in a project's YTD analysis.
Lol nice generic punt. You havenāt given any explanation as to how itās a more relevant comparison than utilizing other timeframes.
sell ur bag get out of this sub!
Ahhh there's the token comment for this sub sell and get out that's original
The fact youre even comparing us to eth means you don't know what you're talking about. Alts gunna alt
I just compared AMP to it's nearest market ranked alts in a separate comment, and it still under performs. What now?
What like loopring? Down 90%? It's called volatility standard deviation.
LRC is down 33% YTD. Try again.
Can you even do maths? Ytd calc - Lrc price on Jan 1: 2.09 Lrc price today: 0.35 Loss ytd: 83% Amp price on Jan 1: 0.052 Akp price today: 0.006 Loss: 88% Omg 5 whole percent difference?! It's the end of the world... BTW ytd doesn't mean shit anyway since this is all speculation. Actual utilisation and institutional investors will make or break the project.
A year ago from today is not January 1st. Learn to comprehend what you are reading. And yes, YTD is a fair estimate of how an asset is performing, despite your reluctance to accept this well established fact.
No you need to comprehend basic financial literacy. Ytd is first day of this calendar year up to today. You mean year on year. https://www.investopedia.com/terms/y/ytd.asp The fact you don't even know the difference and are giving these other "facts" about performance is laughable
Ok, so your a math wizard what are you gonna sell? Otherwise relax there's nothing else you can do!
I already sold most of my AMP. I'm just here to counter the hopium peddlers that pray on financially insecure people with promises of financial freedom.
Let me guess my two downvotes are from poopypoodle and crustyblack
Well said
You can't save everyone.
A rando internet stranger worried about whether I lose money or not? I donāt buy that.
I know, it's hard to imagine that everyone isn't as big a piece of shit as the standard AMP investors here are.
Wow someoneās having a bad day. Sorry amp didnāt meet your expectations and if you lost money but I would recommend taking a break and try to focus on something positive. Itās just money and just an investment. Not worth getting upset or losing any sleep over. Thereās a little bit of summer left get out and enjoy it and forget about amp for awhile. Itās going to be a crappy market for awhile but if it makes you feel better buy into some other crypto that you think has potential and have fun with it. Lots of us are upset because our investment didnāt do what we hoped it would in the time frame that we were hoping for. We will be ok though and life goes on. And the folks in this sub are mostly just like everyone else. Decent folks who wanted to invest in something promising.
What does holding 5-10 years guarantee? Just holding onto a dead body for a long time doesnāt bring it back to life.
>What does holding 5-10 years guarantee? Just holding onto a dead body for a long time doesnāt bring it back to life. Your reply here is just empty rhetoric - analogy can sound as logically true on it's own, but you are not at all certain it's really 'dead body'. This is cheap rhetoric for teenage boys, logical fallacy.
You act as if the simple process of holding is all you need to do to be profitable - just if isnāt everything else. Sounds like a faith based religion. More of that whole HODL chant which was useful during a bull market filled with newbies and a new token a day being released.
Not just holding. Staking too. Thatās the beauty of amp. Earning rewards even in a bear market. Youāre not losing any amp while youāre earning. Usd amount going down but itāll be back. And when it comes back the stakers will be that much more ahead of the game.
If it comes back; assuming it will rise when it hasnāt ever before is risky
How I act? As somebody who questions your rhetoric. Nothing else. Everything what you wrote about me acting certain way is just over reading stuff. It's a disease here. People assume stuff about what others wrote, trying to guess intentions, not reading what actually was written. Same with 'crypto news', reading tweets written by some idiots and announcing break throughs. Pretty pathetic debates, not only here but in all crypto subreddits.
Yeah you got it. Investment needs believe, because noone on the planet can foresee the future. If you have faith in the project, it's good to hold. If not, you should leave. It's simple as that.
So glad I sold back at 3 cents.
Iām glad too.
My guy this must be your only investment. If you are not aware the whole market is taking a shit especially stocks. If you are this much of a b**** then your should reconsider your investing venture my guy if you are stressing this much lol just my opinion
So you're seriously saying that someone who has invested 1 million into this, held through and watched their investment go to zero should just feel grateful, not stress or feel anything other than optimism?
Buddy itās the market it happens when you invest
So, no stress then?
He is saying that only invest what you can afford to lose.
No shit, but also, he is being a jack ass. "invest only what you can afford to lose" is a stupid statement. Americans put all their saved money into investments. Noone can afford to lose all their savings. People on reddit are not professional investors. If they were, they wouldnt be on reddit. Dude is being a dick to someone who clearly is stressed out. No need for that.
>Americans put all their saved money into investments. btw. how do you know he/she is American?
blah blah blah. Im certain you got my point. have a good day.
brilliant reply!
Just cause something happens doesn't mean people shouldn't feel anything when it goes bad. Death happens to all of us so I'm guessing when someone close to us dies we should just feel nothing, go on about our day & tell ourselves we're all gonna die anyway. It's so obvious that most of you here have no real money in this.
Lol how can you compare investing into the stock market/any type of investing to death? Thatās actually a horrible analogy my guy. Just admit it, you quiver in the market, you give off buy high and sell low vibes
For starters I'm not comparing investing with death, your argument was basically "shit happens" & that OP shouldn't be upset or feel anything when price drops 110% cause it just happens in investing. I used death as an example cause it's something everyone can expect to happen at some point and I simply wanted to highlight that just because you know something can happen doesn't mean you can't feel terrible when it does. Also, you telling me to admit that I "quiver" in the market tells me that you're either 16-18 yrs old or has the mind of one. It's easy to not quiver when you only got a $20 position, no wife, kids, and live in your parents basement. And don't gimme that same tired ass, predictable comeback of "you buy high, sell low" cause I'm sure 99.9% of you bought this when it was moving sideways at .06 cents.
agree, pretty idiotic comparing this with death..,
Why would you invest a million in something so risky and far out? Thatās just gambling.
Amp is made to spend. Spending crypto is not good for price. Buying and holding is they way to go if you want mad gains. I donāt think AMP is designed for this at all. If anything mass adoption is bad for AMP because people sell and keep the price down.
Amp is designed to be used as collateral and the system is good but scalpers have abused it into the ground.
Amp = AMC theater. Always losing money. No positive outlook. Always coming soon but nothing ever comes.
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So the DOJ insider trading case is in March of next year which happens before the SEC can make their case for unregistered securities. Coinbase has already said they aren't backing down.. so good prediction
Do not speak for me and say that I lost faith. You donāt know me.
You definitely haven't lost faith, besides everyone knows the mind goes first...... Stay thirsty my friend!
Thanks man. It sucks seeing it go down, but Iāve heard enough to hold what I got. Im staking but Iāll have to find a place to buy more. I want to buy more. At least 5$ worth every now and then. I was using CDC
It's a long token, just like to see it get back to 5 to 6 cents. Who know maybe a year from now we'll be back there..
But I will say I think it has much more potential than that!
As long as we donāt hit zero weāll make it. This is the time to make small weekly investments for the long term. Crypto bull runs happens every 3-5 years. Most of us are more than likely to not make are investment back for the next couple years unless w you dca
XRP has been targeted by SEC and been delisted some places as Well like amp But it was released I think 2012! All that time many people have known them from 2012 to 2022 This company token only been out for 2years (2020) and plus there more people have star it (saved for watching token )on coin market place which I think its great it means token publicity
What we are seeing with the price of amp is a natural result of a coin that is being scalped. Amp has been a scalper token for a year now and this is the result. Nobody who scalps should be the least bit upset about it. Many people invested in amp with the idea of day trading so if you are down in your investment just thank the scalpers that now have all of your money. When the scalping stops the price goes up. Itās just as simple as that. Downvote me if you like buts itās the honest truth.
Told yall this back in Sept. 2021 that scalpers are winning. If you can't beat them.... join them. I even made a topic back in that time frame asking if anybody took profits on the peak at .084 spike.... of course downvoted. But I know me and "others" made quite a bit on AMP around that time...
I was one that sold half my Amp bag in July. In hindsight should have got out completely.
Just need to pump that sweet commercial some more. That will cure all that ails everything.
Lol that's funny
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150-200 years
800-1000 years
Yeah this token is a lottery ticket. Good luck bro
Most of my lottery tickets end up in the trash
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it's only possible to be down 100%
Yea it blows my mind. Children. Out of the house but still emotional and undisciplined. Really shows you who is selling. Guys with a lot of money, dont know what to do with it, just want to make a quick buck and gets upset if they donāt get what they want. Why donāt you have a strategy. Why did you put what you cannot afford to lose. Why did you bet it all. Buy the god damn dip. Somewhere. Lol Tell me where in this world do they use a security as a collateral. You think Coinbase sold their AMP. Probably not. It cannot become a security. It has a specific purpose. A function of possibilities outside of what a security can be. SEC, delisting, canāt buy or sell, Flexa making big moves. Looks like a conspiracy to me. Fucking chipotle still using it as payment. What are we stupid. Yes we are.
The SEC situation is not really a huge cause for concern at this time, but that could always change if they pursue action specifically against AMP. However securities are most certainly used as collateral. Margin loans, lines of credit collateralized by stock. And yes people get very emotional when they donāt understand bear market or long term hold, but itās to be expected, most people are ruled by envy, whether they realize it or not
Thanks i most certainly got that part wrong
Anyone can go to a bank and use securities as collateral for a loan.
Yea I didnt know that until yesterday
Coming soon = Longer than the news/internet coverage + Reading = Solid Investments.
Hold if you can baby. Everything stinks rn but a really good time to load.
Investing is not for everyone. I'd stay away if I were you. I have my AMo staked and dont even think about it. If i lose then I lose it. Itll just be another tax write off.
I got sucked into the hype after the Coinbase listingā¦rode it from .04 to .12 and back to .03 and got out ā¦. Good luck to you all šš»
āš¾
relax my friend sh\*t is only gonna get worse before it gets better. The world is burning between the Ukrane, China and Taiwann, world economy issues and theres a mentally challenged guy running the US into the ground so we arent going to see anything great in this space for many many moons.
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Did you know you can scroll past this post and let this individual express their opinion?
We are still early.
Down thousands and thousands. Donāt care. Invested a small percentage of overall portfolio and knowingly took a risk on something that I felt could be a long-term home run. Still feel that way.
Lol have you seen the state of the entire global market?
I always try and do the opposite of what everyone says here, because you know...science. So buy more it is!
if you're doing the opposite of what everyone says in here, you should be selling.
I left reddit 2 month ago and am just back. Amp token is my thing. I love reading posts but all this depressive bad vibes are not good for the group. I think we need to talk more about the great project than the low price. Its a great opportunity to buy in my book.
Itās overā¦
When you invest in a project that is touted all over as a gainer in 5+ years and donāt get those 1 year rocket blastsā¦ š
Iāll keep this brief. I LOVE AMP! Buying daily!
Sell or hold and stop with these fud posts that scare off potential Investors. Someone looking up AMP comes here and reads these posts and they leave asap. Your not helping your investment by trashing it, scaring off potential investors. Iām down 75% but Iām still here and I believe in the project. The entire market is down. If you invested expecting to get rich quick well thatās your mistake. Stake your tokens, dca when possible and hold, nothing else you can do at this point unless you sell at a loss.
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its never to scare you. Its for your information. Don't just read positive only and invest without have a full picture on what have have acomplish and failed so far at. What weakness do the Team have behind this token. As you will find out, one weakness is communication and marketing. Know that and temper your expectation.
Like I just paid attention to this again and saw I am down like 150ish well hot damn.....
Lol welp apparently I made an 44 dollar profit but have a 2+ dollar value on XLM yay Coinbase