Re: [ANN] AMP - The Currency That Powers Your Attention On Synereo
How is AMP doing? I really like the idea behind this coin, but as I see market doesn't appreciate it. Volume is really low and it went down -90% since June 
The price is extremely high. Total supply is 949,291,063 AMP and AMP price is $0.14.
This is more than $130 million dollars for a Google Chrome plugin. People fail to realize this supply will eventually be circulating, and this will be the market cap if price does not go down. $130 million is insane for a centralized plugin with few really active users.
The price is still high because many people have this memory "-90%, therefore it is low", but it is actually not the same product as advertized when price was 10x higher than the current price. Devs have already realized it and announced they would start selling their own AMPs under some circumstances.
only 85 million or so AMPs in circulation currently, the rest of the market cap is for future use as the network expands and AMPs are also gona be gobbled up by the network every time they are used to amplify content
bright future ahead, these guys have a proper vision and i'm seeing it come together!
If "these guys" really had a "proper vision" they would have done the most honourable thing: give every contributor the option for a refund, or a refund minus incurred costs. But they decided to keep all BTC even after the whole advertized project was not possible to do anymore after the team fell apart.
their vision is not to refund and give up. its to build a new network and thrive
you crypto noobs lack patience and vision
