Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo

Quote from: tobeaj2mer01 on February 01, 2017, 12:29:47 AM

Quote from: maxcarjuzaa on January 31, 2017, 10:54:15 PM

"An upcoming fundraising campaign, he said, will be a combination of an equity offering for qualified investors through BnkToTheFuture (minimum $1K) and a further sale of already-existing AMP tokens.

AMPs will also be offered on BnkToTheFuture.com, synereo.com/sale and YUNBI at a fixed price, starting at thirty three thousand satoshi per AMP. The price will increase at different stages of the one-month sale and offer bonus AMPs depending on the number purchased."

Source
https://bitcoinmagazine.com/articles/synereo-unveils-tech-behind-its-decentralized-web-1473099722/

~~So you are expecting AMP price drop to 3k? (~43%)~~

my mistake, you said 33not 3, so the question is how do you expect to sell amp at 33k satoshi each when the current price is ~5,2k

thanks.

Why did the market price of AMP come down so substantially?

Due to market manipulation on Poloniex (the norm) whereby whales who accumulated CHEAP AMP for many many months (even a year) before the news pump to 52k range or whatever it was, maybe a bit less, then also during the crowdsale they floated the price 30-45k sats. So as soon as event is over, BAM they dump tons of coins on everyone who had support, including their own they don't care. So is dev groups involved WHO KNOWS but the timing is ironic ... like i'm sure they have to knwo such price action will occur! You can be sure devs didn't 'buy' or support so high. Very BS I think but now many are stuck who bought higher and now we must baghold and wait for news/release from dev AND for the AMP WHALES to come back and pump it back up.