Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
Patience guys! Even if 44k buyers lost about 50% of their investment value. 
Honestly, I was about to invest in this, but did my research and realized 1) AMPs are already 50x what they were in their initial ICO and 2) the exchanges always had AMPs cheaper than investing directly in the ICO. Even if you wanted to participate in the ICO, it was always better to buy directly on the exchange. Why people would directly invest in the ICO beats me. The whole concept of multiple ICOs doesn't even make sense (other than to psychologically hype the price). If the project is good enough, the price itself will rise based on demand. The coin looks like its on a downhill trend, potentially as a market correction.
I dont think your argumentation is very good.
There was time when BTC was 50x its initial price.
There is nothing wrong with overpriced ICOs, it gives money to dev team, which makes everyones investment more valuable, and it does work as it made almost 5 mill. this last time. So it makes sense, it evidently fullfiled its pupouse. Also people in ICO were buying shares of company so its not just AMPs.
Downtrend is very possible, as there was uptrend with alpha release and new funds available to project. Cycle is law of market.
Bitcoin's 'initial price' is zero, what do you mean by "There was time when BTC was 50x its initial price."
And what does this mean: "Also people in ICO were buying shares of company so its not just AMPs."?