Bitcoin is in a big bull run. Almost all alts are taking a hit. I would advise hold your AMP till 2017.
It hasn't dropped more than 15 percent because the BTC bull run ( there wasn't a significant bull run since yesterday, other alts didn't drop down 15 percent ), a AMP whale put up a 200 k AMP sell wall and traders started to bend over and the price dropped fast. Without manipulation the price should be -5%
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This has been asked before probably, what has been the average ico price ?
Edit : i reed between 20 / 27 k sat
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This ICO industry has built horrible expectations. Synereo has a chance to change the world. Most ICO's will turn into nothing and abandoned projects. Buy and hold. Watch the progress and enjoy the wins in time.
pretty much this. sucks to see the price drop off a cliff but this is one coin/project not to be remotely worried about in the least. what they have coming will put to sleep more other shit out there. Current price shows someone with 200 k amp can control the price by just putting up a sell wall, and traders keep falling for it. I think this is not a good sign , its a sign of a weak market.
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Look at the marketcap of Ethereum. It's at $1B. Synereo is much better than Ethereum from a technological point of view. Synereo is also much more marketable than Ethereum. Even if Synereo just reaches $1B marketcap in two years (personally, I think it will go much higher, much sooner), you're looking at a total of 223.33M AMPs with a total market cap of $1B which means each AMP would be worth $4.47 USD.
Lets keep things realistic , 4 dollars would be amazing but i would already be happy with a 1 to 2 dollars price
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The wall is melting. Question: what will happen when it's gone? Disclosure :Sure I bought AMP today but not trying to bump this up just observing and sharing. Any comments,thoughts from experienced traders would be much appreciated.
Its looking better indeed , i wont worry about the wall.
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2 month ago it was 15k....
pump was due to burning half of AMP + the crowdsale.
The funds devs left is meant for future crowdsales , but nobody will ever buy at future amp crowdsale after the crowdsale disaster which burned many investors.
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Amp reaching 25k , shameful
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Steem Power is my worst performing investment by far this year.
For crowd sale buyers AMP doesnt look like a good peforming investment either as usual the price keeps going down , i don't get it.
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LOL at whiners showing a 2wk section on the chart for a coin that's going moon in months!! many were in cheap yes, smart buyers silly dumpers. Those same dumpers now will cry in a few months time as well. it's the big whale cucks controlling the price (for now) as it is anyways so no fucking point to stress when price goes 33k to 27k lol...wusses. it's mainly cos BTC is up. You're probably right, it looks like refined manipulation, but crowd sale buyers are in a difficult situation, their holdings are in the red. Crow sale buyers should be rewarded.. instead some greedy whales screwed them up, its sad.
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Looks like the crowdsale is a disaster.
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people make stupid assumptions, incorrect expectations and then they blame the coin. You should be dissapointed by your prediction skills, not price on exchanges.
Price always reflects the strenght of project. If btc rise about 5-6% and coin dumps 20%, it shows how weak AMPs supporters are or something else. This coin has literally no support, i have my doubts about the project
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which means the ICO is well overpriced and news with taking over ETH is only a HYPE
Can you prove this or is this just a assuption / fud
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which people keep selling way under current ico price
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Price sub 27 k , what is happening
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You know what's weird? https://sale.synereo.com/ raised another $100,000 in the last 24 hours, while AMP has been dumping in Poloniex https://poloniex.com/exchange#btc_ampWith the sale site, 200btc purchase gets you 28,695 satoshis per amp; 100 btc = 29,203 sats; 50 btc = 29,729 sats; 10 btc = 31,132 sats. And you can get AMPs for 28,150 sats right now in Polo.
I don't get it. Either many AMP buyers don't know about Poloniex or someone is just trying to push the price down or the dollar figure in the sale site is wrong. Its strange, prince on poloniex is much lower and buy support is very weak. ( edit: and were sub 28 k )
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b]Here’s what’s burning:[/b]
Founder Reward Wallet: 100,000,000 out of 200,000,000
Future Funding Wallet: 396,901,858 out of remaining 793,803,716 AMPs*
User Reward Wallet: 100,000,000 out of 200,000,000 AMPs
Content Creator Wallet: 75,000,000 out of 150,000,000 AMPs
Bounty Wallet: 55,000,000 out of remaining 220000000 AMPs**
Intermediary Bounty Wallet: 4207079.25 AMPs***
Total Burnt: 731,108,937 AMPs[/b]
[...]
This is great news i think the crowdsale will be a huge success. When crowdfunding start amp will reach 100k, when it over, 150k+
I dont think we will see 100 / 150 k that fast, that wont be sustainable in any way. Maybe in a year or so.
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i don't know how u people can invest in this, the supply can x2 x3 x4 etc at each crowdsale (1.6 billion) , not to mention the private amp sell on website.
I doubt they will collect 20 to 40 k btc with the crowdsale ( 60 to 120 million AMP ) but when when they collect 10 to 20 million dollar like your scenario (not likely i think ) this will show people have huge confidence in the project.
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I think the AMP could reach 1 dollar in the future, great project.
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Interestingly at 30K going or not?
The whale keeps suppressing the price so maybe.
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Why price down so much should i wait to buy for lower prices.
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