I wouldn't touch AMPs with a 10 foot pole now. There's a huge scam going on with an orchastrated massive dump. The scam artist is pumping up the price and then tanks it 30-40% causing people to shortsell. Pumps it up again and then tanks it. You will know this is happening when on the buy side in POLO, you will see a nominal amount as the first buy order. DO NOT I REPEAT TOUCH AMPS. You will be burnt. Case in point- If you go on Polo now, you will see the first buy order as 0.66 AMPs for hours no matter the price. The person has a bot programmed.
Dor and his scam artist team have litterly robbed investors (Sorry, he considers them donators). The project will be long forgotten in year's time.
I consider participants in the sale buyers, members of our community, and contributors to the project. |
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Besides the AMP price, why would anyone lose faith in the project? Synereo is hiring now and everything I hear is fantastic. Maybe I am new to trading but I am in long term.
This is what's called "spreading FUD". It's the national sport on these forums, aimed to get people to sell their cryptocurrencies and lower the price for a project they believe in and wish to purchase tokens for cheaper. That is not to say that people cannot have real qualms about a project. I monitor this thread and our other channels regularly to see if we have indeed fucked up anywhere - and just for feedback, of course. What you're seeing here has no content and can be dismissed. |
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If I was Dor, I'd be doing a company AMP buy back right now on the open market to pick up all these cheap AMPs the saps are selling. Just take $1M out of the $4.7M and you could purchase back 9.25M AMPs which you could sell for much more later. Seriously Dor, think about it.
$2 million You guys don't get it. This was an extremely brilliant scam orchestrated on their part. They attempted to psychologically trick the "donators" to think that the price was 50x more than this coin is worth by setting an ICO price, allowing the price on the exchanges to rise. Once ICO is over, they started dumping en masse netting them a double profit. Dor is an absolute greedy scumbag. We set the price for the sale 25% lower than peak market price. All Synereo-operated wallets can be tracked here, in case anyone wants to see whether or not Synereo is selling AMPs. https://docs.google.com/spreadsheets/d/1r1G-ROS4vgHK84qfn1CBIxuXZQCCvIicCTQSxW1T_mo/edit#gid=1156984041 |
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Stupid coin. Inprofessional team not conforting investors
They are beggars when they have ico, after raised 4.7m usd, they treat investors like beggars, ironically. How would you suggest we treat you differently, DimiZb? |
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Stupid coin. Inprofessional team not conforting investors
This is fucking ridiculous, market manipulation at its finest, walls were purposely set twice and crashed the price hard twice, screwing investors short and long term, At this rate AMPS peak will be 10,000 SATOSHI if that.
Can AMP respond to give some comfort for investors that bought at the crowdsale? I know the price may never see 30,000 again mabye we can suffer a 15% loss or 20% but at this rate this is absolutely scary. 50?!%
Given, that AMP is an amazing project and I do see massive potential but now we are rivaling with Zcash.
I flat out feel like I am going to vomit, Crypto Currency is starting to really show its true colors. To much manipulation, When you are developing a coin I believe its in your best interest to not screw over the initial investors making you who you are.
This is awful man. To much evil in this world.
Dear xtyling and CollegeKid, I want to correct some misconceptions apparent in your posts. 1) The name of the project is Synereo, not AMP. AMPs are one part of the project, which is quite large in scope, only meant to serve a purpose in the technological tools and apps Synereo is creating. 2) People who have purchased AMPs are not investors, and AMPs do not hold within them any financial promise. This is clearly mentioned in our communications and was discussed in the terms and conditions of the sale that one had to approve of before participating in the sale. 3) Synereo's business is not providing comfort to people who have purchased AMPs, but rather to develop specific tools discussed in the roadmap we have presented prior to the sale, culminating in a basis for a decentralized economy and the creation of a functional dApp ecosystem. |
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Patience guys! Even if 44k buyers lost about 50% of their investment value.  the exchanges always had AMPs cheaper than investing directly in the ICO. Even if you wanted to participate in the ICO, it was always better to buy directly on the exchange. Why people would directly invest in the ICO beats me. The vast majority of people who participated in the sale bought in at a lower than market price when factoring in the bonuses Synereo provided during the campaign. |
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How about we all stop hearing things and simply download the software and use it?  Alternatively, join slack.synereo.com and talk with the people who are! |
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On the bright side, less coins were sold, therefore the coins left are worth more because there is less supply now. Total supply now is going to be around 85M I presume.
and this would gave such good time for its to make some value especially when more project will be implemented, keep buying amp for long term investment. Yep Will the rest of the AMPs in the sale campaign be burned ? Yes. |
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"The Synereo team has consulted with its community and economic experts, and deliberated the subject for a long time to come up with a sale mechanism that was considered fair for all parties involved, and that would prevent price manipulation and market turbulence."
What's going on? Synereo's last funding stage ends in one week and the price doesn't follow. Devs should at least try to prevent further dumping by putting up some walls like before. And don't come with the "BTC rise" excuse this is an official crowdfund ffs.
I Agree with you. Devs should protect price during the ICO, otherwise AMP become a playground for whales and price manipulators. How should we protect the price? Please, don't listen to them. They don't make any idea of what they are writing here. That is clear, but other people reading this may not understand that these complaints and accusations are baseless. A simple exercise of thinking this through, of the options available, of what would happen if Synereo sold AMPs at market price or if we changed the rules of the sale now, etc etc would make anyone reach the same conclusions we have. Asking these questions is a way to provoke these thoughts into existence. |
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"The Synereo team has consulted with its community and economic experts, and deliberated the subject for a long time to come up with a sale mechanism that was considered fair for all parties involved, and that would prevent price manipulation and market turbulence."
What's going on? Synereo's last funding stage ends in one week and the price doesn't follow. Devs should at least try to prevent further dumping by putting up some walls like before. And don't come with the "BTC rise" excuse this is an official crowdfund ffs.
I Agree with you. Devs should protect price during the ICO, otherwise AMP become a playground for whales and price manipulators. How should we protect the price? |
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"The Synereo team has consulted with its community and economic experts, and deliberated the subject for a long time to come up with a sale mechanism that was considered fair for all parties involved, and that would prevent price manipulation and market turbulence."
What's going on? Synereo's last funding stage ends in one week and the price doesn't follow. Devs should at least try to prevent further dumping by putting up some walls like before. And don't come with the "BTC rise" excuse this is an official crowdfund ffs.
You want us to take people's money, sent to us so that we can finance the project, and use it to buy the AMPs on the market? |
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There is a possibility that Synereo turns out to be a total scam, especially since it continues to have crowdsales where it over charges people. Honest people and ideas don’t treat their constituents this way. This isn’t to say it’s a guaranteed scam, but that we’re seeing how Synereo deals with investors – asking them to pay a higher price for AMP than the market is selling AMP. This is very suspicious behavior. It also hurts people who are new and don’t know better – the average person doesn’t know what a Satoshi is, which is why Synereo doesn’t list a standard price on their sale. You’ve been warned. From: http://fintekneeks.com/synereo-warning/Comments about this? Anyone? What price would you choose for the sale? What "standard price" would you list? |
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20 minutes left! Transactions starting BEFORE the increase, even non-confirmed, are still counted.
$3.8m in.
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Hi - I think Synereo is very promising, mainly because of the involvement of Greg Meredith - who I consider to be one of the best brilliant mathematicians around, combining a deep understanding of math with a very accessible communication style. I was thinking of buying some AMP now in the sale from Synereo. I had some questions: (1) Can I simply purchase some AMP from an address in my Armory wallet - by sending some BTC to Synereo's AMP sale address? (Of course I control the private key for this Bitcoin address.) (2) How long will it take me to receive the AMP from Synereo at my Bitcoin address?(4) After I receive the AMP (to the address where I sent my BTC from), then of course I cannot "see" the AMP in my normal Bitcoin wallet - but I could (a) "see" my AMP on omniwallet.org, and (b) download a desktop wallet from omniwallet.org, and also "see" my AMP in that wallet.I assume I would not need to sign up at omniwallet.org in order to do (a) - I would simply be using some sort of "blockchain explorer" which they apparently have on their site. (5) What are the expectations / guarantees regarding the eventual total maximum coin issuance of AMP?This Google Docs spreadsheet: https://docs.google.com/spreadsheets/d/1r1G-ROS4vgHK84qfn1CBIxuXZQCCvIicCTQSxW1T_mostates there are currently 929,291,063 AMP in existence. Is there a guarantee that this is the maximum or "cap"? Or could more AMP be issued? Conversely, are there some plans regarding more AMP which are intended to be "burned"? (6) In the case where 929,291,063 AMP really is asserted to be a maximum or "cap": Is there some way to formally verify this assertion of a "cap"? For example, maybe there is some published source code specifying the long-term AMP issuance algorithm? Thanks for any help! (1) If you control the private key then I see no problem buying with that address. (2) At the end of the crowd-sale we will receive our AMPs (not immediately after I guess, it will take them some time to go through all of the addresses that bought AMPs) (4) Yes, you can see the AMPs that are contained in a bitcoin address at omniwallet without an account (explorer style). You can even create an account and have a "watch only address" that shows the balance of the addresses you want but omni doesn't have the private keys (you don't upload it). I am not aware of a desktop omni wallet, I think it is only an online wallet. (5) All AMPs that exist now were created 2 years ago and no more will be created. Unless I missed something (please feel free to correct me here guys). At every crowd-sale any AMPs that did not get bought are burned. (6) Not sure on this one. All correct, thank you. Synereo can issue up to 5% more AMPs a year - less than the increase in Internet users and social network users year over year in the past two decades - as part of the Proof of Social Contribution mechanism discussed in our original whitepaper. |
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From BNK to the future : S$3,407,688 / US$1,200,000
What is the breakdown between people who have bought AMPs, and people who have bought equity in Synereo Ltd?
We have close to $800k for equity at the moment. Synereo Ltd the company benefit from "a small percent of every transaction on the network" (as per the pitch) - has that % been defined? Does that refer to the social network that is being built, or the whole blockchain? eg can others build services on the blockchain that Synereo Ltd would not get a small % of ?
Fee schedules have not been defined. We have a few modeled scenarios. It refers to the social network as well, but with that, the company will not make any profit, rather only gather the minimum amount possible to maintain and develop the network. Yes, others can certainly built on the new blockchain without owing fees to Synereo LTD. |
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Over $3.4 Million Raised. Thanks for all the support! 4 Days Until The Price Increases to 36500 Satoshi WTF? Alternate reality?!?!?!?!?! Look at Polo. ATM you can buy 100 btc on polo up to 31500sat wich gets you exactly 317460,31746032 AMP. On funding campain 100 btc gets you exactly 342,424 AMP Thank you. |
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If Mark Zuckerberg offered you HUGE MONEY for your SYNEREO, would dev sell?
Sell what? |
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