Ian Wright

I need help! What do you know about AMPL?


What should i do with my AMPL?

 

I recently found myself in the Publish0x community and, like everyone else, I am accumulating the two tokens that we can make at this time. So if you are not going to help me solving my doubts you can scroll down and help me giving a quick tip. Thanks!

Doing some research on Ampleforth, what I can understand from the information I find is that this coin has a supply change to try to maintain a stable price. Every day at the same time the supply is readjusted to adjust its value trying to keep it at par with the dollar. It would be something like this:

-Expansion: In this phase the price of AMPL is higher than $1 and new tokens will be introduced into the AMPL economy at that time.

-Shrinkage: AMPLE price is less than $1, leading to token deletion.

-Balance: The price of 1 AMPL is equal to $1.

 

Here is when doubts arise and if someone could clarify for me, I would be very grateful.

Doubt 1:

If this coin readjusts the supply when the price is say $2 and thereby doubles the wallets AMPL balance so they don't lose power in the Ampleforth economy... Am i losing the opportunity to double my AMPL (thereby losing the greater advantage the economy itself offers me) having them without redeeming in Publish0x?

Doubt 2:

If this currency is targeting parity with the value $1. Why I find a post about price predictions? (all of them with prices other than $1).

I would like to make it clear, as always, that all my writings are based on the ideas of a madman who reads a lot of articles on the internet. For this reason, it is not recommended that you pay much attention to me and it is better to always do your own research.

Do not forget to follow all my advice if you want to lose your wife because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"

If you don´t have an publish0x account yet, you can use this link to win your tips percentage or become a new writer in the community Join Publish0x Now

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The Crazy Dude
The Crazy Dude

I am interested in this new era we are coming into. Will post all the interesting things i´ll found. My English is garbage I know, your prejudices too, in case you didn't know.


Cryptoworld by the crazy dude
Cryptoworld by the crazy dude

Initial advice for people who start their journey in this field, conspiracy news and personal thougts. Do not forget to follow all my advice if you want to lose your wife because you have put the rent money in "coins that are worth cents but can be worth thousands of dollars"

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