Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
by
murt9000
on 10/09/2016, 11:10:05 UTC
Quote from: DecentralizeEconomics on September 10, 2016, 10:39:41 AM
Quote from: murt9000 on September 10, 2016, 10:28:29 AM
Quote from: DecentralizeEconomics on September 10, 2016, 10:03:14 AM
Quote from: murt9000 on September 10, 2016, 09:46:50 AM
Ping ya back in 1 year and we can check out the price of AMPs together.

Thanks for your constructive input.

Max amount of AMPs in the foreseeable future is 62.5M + 44M = 106.5M.

Source? If you can actually back that up with a legitimate source confirming that there are no plans to distribute the rest of the AMPs in the future, then it would actually address the concerns of many potential investors.

Let me save you some time. You can't back it up because the AMPs wouldn't have been created if there wasn't plans to distribute them in the future. I'm not psychic but I can foresee the effect that will have on the price.



The last I heard, the next crowdsale is 1.5 years after this one is finished.  The first crowdsale had ~400M AMPs for sale.  This crowdsale only has a MAX of 44M AMPs for sale.  I doubt any future crowdsale will have more than 44M AMPs for sale, imo most likely less, and they're all going to be spaced at least 1.5 years apart from one another.  Founders AMPs are locked up, and I seriously doubt they sell any significant portion any time soon.  The rest of the AMPs are allocated to bounties, content creators, and user signups.  None of these are going to result in a large dillution or any one person holding a large sum of AMPs.  The crowdsales are going to be the major source of new AMPs coming to market, and as seen from the announcement, not many are up for grabs.  The crowdsale AMPs are the funding source of Synereo, and they're not going to burn through them.  The plan for Synereo is a long term one.  Listen to the hangout sessions.  In the last hangout session, Greg is talking about his vision for Synereo ten years into the future.  Long term projects require long term funding.  Do the math.

Exactly, no source to confirm that the supply will not exceed 106.5M in the future because your claim was baseless. You have instead confirmed that the first inflationary event is imminent and that there are additional inflationary events planned, in the foreseeable future. Each of these events will negatively impact the price and investor sentiment. You have made my point for me, thank you.