Post
Topic
Board Announcements (Altcoins)
Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
by
Diego24
on 03/07/2017, 14:25:06 UTC

Why are you putting words in my mouth? I haven't said that.

I said that a lot of value will flow into USD, and when the market recovers AMP will skyrocket since AMP will gain a lot of foothold vs BTC.

But even this might change, ETH is already coming out with a debit card I think, so I doubt in the future the market will just crash, they will just shuffle around the money between altcoins, but less will flow back into FIAT.

If you think about it, only idiots who want their account to be hacked are storing a lot of money on exchanges. Most rich people have already setup their cold storage in altcoins.

So I would expect a lot of more money to stay in altcoin in the future.

What this will do is that, if there will be an AMP/ETH pair in the future, the value will just shuffle around between AMP/ETH  and AMP/BTC, but would not change that much in terms of USD.
I don't know what future you are talking about but august 1 is the very near future and if Bitcoin crashes, AMP will crash twice as hard. What happens in the far away future, we will see in the far away future.