Traditionally, people think of price as the component that fluctuates with demand, while quantity remains static. The Ampleforth protocol inverts this, holding price static while allowing quantity to change according to demand instead. By adjusting supply to the coin holders directly, the Ampleforth protocol avoids the devaluing effects of inflation observed in fiat currencies, while re-engaging the supply mechanism that creates near-term price stability. Pretty cool concept in the heat of stablecoins. How do you think this will play out? Are there any other projects out there doing something similar? https://www.ampleforth.org/paper/ |
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I would say to invest in both because they are two different use cases. Both are reliable and you can even go between both now with sBTC! Being an ERC20 token, synthetic Bitcoin allows holders to effectively trade BTC value on the Ethereum ecosystem through Synthetix! So you get the best of both worlds. https://cryptobriefing.com/synthetic-bitcoin-synthetix/ |
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I think we are on the brink of something truly amazing once we shift into web3.0 when users will start being paid for their personal data. this will then allow the world to fall in love with cryptocurrency when they are paid for something they didn't even realize could be sold
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I think its pretty cool especially seeing how much he knows about the way money works in the past and sees a foreseeable future for it with a crypto project. I hope to see more interviews from both Niall and the team at Ampleforth to better understand what they do
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I agree with you, holding them in this type of market is the call. Maybe start trading towards the end of the year or just play around with a handful not necessarily all of them.
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I read a funny tweet today regarding jack dorsey and his efforts in lightning network and someone said 'now your turn mark, don't fuck it up, but you probably will'
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1. Surprise - Life goes on  2. Much more projects will die 3. New projects will start 4. It will be a year of crypto education 5. It will be a year of maturation 6. Delays of fully POS in Ethereum 7. Improvements in User Experience - Keep an eye out for (Elrond - work on exquisite user experience is being done) 8. Facebook in crypto? 9. ..... - You write your predictions Stablecoins die and in enter independent money! I first read about a 'non stable' stable coin from Ampleforth which I found interesting. |
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Tron is plagiarized and EOS is centralized. My pick would be neither. There are several other samrt contract platforms out there that are miles ahead of these two coins. Pick one of them instead.
I agree with you. We can't forget that decentralization is key. I'm a fan of Moac's multi layered blockchain which i've found to be ideal for smart contracts. Always good to do your research though. |
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Maybe it's because the exchange listing fees are very expensive or because they want to focus first on developing the platform. Even though they have been listed on many exchanges but there is no guarantee Moac price will grow fast, so in my opinion this is the right decision.
Yea getting listed on an exchange is tricky and expensive. Looks like MOAC is working on case studies. They recently launched their first app Moodata. They even had a webinar showing people how easy it is to launch a dapp: https://www.moac.io/newmoodada.html |
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What do you guys think will be the next big thing in crypto? IMO it's going to be security tokens, microchains/sidechains (like MOAC), cross-chain compatibilities of public blockchains, and gaming/collectibles (like Gods Unchained)
What about you guys?
It looks like this token is interesting because, in terms of the concept it is also good and can be used for many things I want to use it, but I also wait for the others to be afraid there are still many good ones and that's where I get confused which one to choose, I'll try to be more sensitive in choosing it later. For those of you that are looking at MOAC, this is a post they published recently: https://medium.com/moac/explaining-moacs-ground-breaking-technology-95362b8aa99a |
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same. Voted for ampleforth. Been pretty big today in the news but I like their model and I think they bring a good solution that the world needs to adopt crypto |
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EOS and MOAC hands down. Plus MOAC allows cross-chain compatibility along with allowing devs to migrate their smart contracts onto their platform. interesting stuff
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So we all know bitcoin has a fixed supply. The store of value is there. However when it comes to trading and everyday transactions, we all know we can't use bitcoin sustainably. I've been really exploring stablecoins lately and I'm not really into fiat coins. I think they go against crypto period.
Has anyone looked into Ampleforth (formerly Fragments)? Instead of having a store of wealth, they'r every much like bitcoin where they focus on store of value, BUT they also included the unit of account. Essentially they maintain a price target and uses a protocol to inflate/deflate "amples" proportionally to the market change. So you will always have the same value in your wallet, but the quantity of "amples" can change
Thoughts on this??
So they basically want to create a coin that is a stable but that doesn't rely on fiat to obtain that stability, that is interesting but it is a concept that is going to fail, one of the most important characteristics of bitcoin is that no one can manipulate the amount of bitcoin that you have in your wallet, and it seems that coin goes against that so many people are not going to like it. How is it going to fail?? I think what they're trying to do is not compete with bitcoin, but provide an alternative currency for everyday use. Their whole concept is that you will have the same worth in your wallet (ie $100) but in terms of "amples" that number will change based on the market. They do that through their elastic supply protocol that inflates/deflates amples to match demand. I recommend reading their wp - https://drive.google.com/file/d/1I-NmSnQ6E7wY1nyouuf-GuDdJWNCnJWl/view |
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Has anyone heard of Oath protocol? What does their team look like?
Hey hey, Yes, we heard of them Our Team is head quartered in both the US and China. If you're interested to track us, follow us on Medium. We frequently publish Team Update Posts (like this one: https://medium.com/oathprotocol/oath-team-update-nov-12-2018-9e54462bf811) and announce upcoming Partnerships. You can also find insightful reading materials there and get back to us for further questions any time You keep referring to this medium post, is there no website for the projects, telegram group to ask the team questions about their project and even I have not come about ANN page on BCT. I think you guys no that the era of using partnership to create hype around a project is long gone, you need to show your team have the capacity to deliver on what they promise I know that MOAC is pretty much set up. Pretty legit project imo. Don't know much about oath though website - https://www.moac.io/telegram - https://t.me/moacblockchain |
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This is all inflation, even giving attention to it is a form of inflation. We all need to just accept that Bitcoin is the better form of money. Sure, there is variance, but don't play the game if you can't handle the swings.
If you need a stablecoin to keep your money in on an exchange, that means you have too much money on the exchange, you're gambling too high. This always ends poorly.
Bitcoin is great in its own right, but in terms of mass adoption and how slow it is, it's simply not sustainable. I think stablecoins are the solution the world has been looking for. It's just a matter of who is going to become THE stablecoin. Ampleforth provides a great solution IMO. I would read their whitepaper because they do address the bitcoin dilemma: https://drive.google.com/a/multiplied.io/file/d/1I-NmSnQ6E7wY1nyouuf-GuDdJWNCnJWl/view |
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We think they're pretty cool 😎 Yup pretty cool. Any thoughts on Oath though?? hey guys can you elaborate the extent of your guys' role in the partnership? |
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