Post
Topic
Board Announcements (Altcoins)
Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
by
Diego24
on 07/06/2017, 08:49:20 UTC
Oh, don't worry, I'll be holding as long as it takes. Wink At least until $10 anyway...

It's your decision.

I wrote here how irrational the Bitcoin price is currently, not just relative to fiat, but also relative to other coins:
https://steemit.com/bitcoin/@profitgenerator/is-bitcoin-in-a-bubble


It's a bubble that is about to pop in my opinion, people are throwing Billions into Bitcoin irrationally while not even realizing the obvious flaws of Bitcoin.

It only takes just 1 billion $ to flow into AMP and we will be rich. Just think about it, only 1 Billion $!!

We have 47 billion $ wasted on a stupid bubble where kids are gambling inside BTC exchanges. If only 1 billion of that would see how much better AMP is, we could all be rich.

It only takes 1 billion $ to flow from BTC into AMP, remember that!


The marketcap is not the cumulative money injected in but the balance between supply and demand.
If 1 B$ was injected in AMP, the marketcap would be at least 100 B$.
If there is no seller, you will need very low amount of money to reach 1b$ marketcap.

Moreover, a burn is planned what will significantly decreases the supply.
So ? If the amount of money needed to caused BTC to go up with 1B $ flows into Amp, then Amp marketscap goes op with 1B $ also. I don't agree with him when he says that if Bitcoin bubble pops, money will flow into AMP. Bitcoin is the engine of all coins. If Bitcoin crashes, everything crashes. But I do believe 1B $ marketcap is possible. I have seen so many things in the last months that I could never believe. I remember when Ethereum was at 40 $, I had a discussion that it will not reach 250 $ this year because marketcap needs to go very high. A few months later we are already there.