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Author Topic: Anyone remember Ambrosus?  (Read 91 times)
yat97
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July 15, 2021, 11:15:07 PM
 #1

Anyone think they're going to ever make a comeback or are they totally dead?

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July 15, 2021, 11:27:42 PM
 #2

This is my first time to their that project.
And I took a look at their website and different social media and Github account too.
If you take a look at their Twitter account, there are still some tweets a few days ago.

You may take a look at the following repositories on Github and check the date of some commits, this is one example of their repository I checked.

https://github.com/ambrosus

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July 15, 2021, 11:57:33 PM
 #3

Never heard of them and they're ranked on CMC, 978.
https://coinmarketcap.com/currencies/amber/
Volume isn't that great and if a token is having this wave on its chart, it's hard to see it being revived.



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July 16, 2021, 03:54:22 AM
 #4

I heard about this project a few years ago, and after I checked on coinmarketcap and github they are still active, but the volume on the exchange is getting smaller, it looks like the developer has to make something of a breakthrough to get this project back in the attention of investors.

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July 16, 2021, 06:37:05 AM
 #5

They're not that active since the hard fall, because as you can see there's no progress in it although it showing green percentage in coinmarketcap, for me this project is unpredictable, just imagine because they can't even regain the current ATH since 2018 and it's been long time ago and seems they're stuck up . So op what are expecting?

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July 16, 2021, 01:15:38 PM
 #6

They're not that active since the hard fall, because as you can see there's no progress in it although it showing green percentage in coinmarketcap, for me this project is unpredictable, just imagine because they can't even regain the current ATH since 2018 and it's been long time ago and seems they're stuck up . So op what are expecting?

Yeah. Doesn't look like they've recovered which is so strange. Waltonchain and especially Vechain also fell since 2018 but Vechain in particular has really risen up. I think they're super undervalued. When you really start researching the fundamentals behind blockchain supply logistics tracking. And the fact that so much of our world is heavily reliant on shipping goods around. I really think Vechain will explode one day.

However, this goes back to Amrbrosus. I'm not really sure if they will recover again, but I think there is huge potential IF they are still working on their project to come back as a green god. Idk if they'll ever catch up to Vechain but there are certainly massive gains to be made because they are such a low cap altcoin with huge real world use. And it really seemed like, "from what I saw" they had everything already laid out almost. Which is why I am surprised to see that they hardly blipped during this last "bull market" but it makes sense if they're legit a dead project.

It's just hard to see a project that seemed nearly complete, with so much potential, be dead. Vechain already has a partnership with the Chinese government and many different companies which is why they have skyrocketed during this last bull run. Obviously the Chinese see the utility in such an idea. It wont be long before other companies around the world realize the huge savings they could be making by using blockchain as supply management.

With Amrbosus vs Vechain. They both started when the idea of blockchain based supply management was just an idea and started to make it a reality. Vechain started to win the race and has a huge head start. But I dont see and reasons why other competitors cant catch up to compete. I also have a feeling Vechain might hit a glass ceiling one day because of its association with the Chinese government. Western companies might be somewhat turned off by that. I'm sure eastern companies, obviously starting with China, but maybe even Russia and the other side of the world might find themselves using it. Ambrosus could (if they're alive, kicking, and perfecting their project) could easily start partnering with western companies. So far western companies are pretty skeptical of this idea. China is leading the way with Vechain so there are already real world works going on. If Vechain starts to successfully implement itself with the companies they are working with now, and Western companies see this, they will prob want to fomo into it, or a project like it.

Amazon may be trying to create its own blockchain supply management. Rumors go anyways. Why they dont just use a pre-existing one is beyond me. I guess outside of their control. But that shows me the demand is pent up and not many even realize the need for it.

I just need to figure out what Amrbrosus is actually doing now. If they're working on perfecting their project then I dont think it's dead. I think there is huge potential... Maybe they might wait for Vechain to break its pegging to bitcoin (in the sense that most people just treat it as a cryptocurrency no different than any other alt coin, not seeing its real world use) and start getting mass adopted shooting up in price, then offer their project and people flock to that as it would be a fresh company to start up with while it's still low cap.


But, this is probably years away, and wont happen any time soon so I wouldn't suggest really say I'm gonna start investing in Ambrosus or anything like that too much because I think it's gonna continue to go down or sideways for a long time to come. But one day I think if they're still working hard on it, they're gonna release some updates and it's gonna be like some of these altcoins that were previously low cap for yeaarrsss but then some company, or famous rich person tweets or talks about it and it pumps up, and it goes ballistic to the moon and while maybe never making it into the top 5 or even 10 it might jump up only a short ways away behind Vechain. All maybe and speculation.



In short, keep an ear out for progress in that field. I know a good bit, no expert, but a good bit about how supply chains work now and they are very outdated. You know how much money in terms of goods, time, etc. get lost thanks to antiquated supply tracking? That US pipeline thing prob wouldn't have happened if the pipeline was managed at least in part by blockchain technology. Instant notification and delivery status any time checking is a huge deal. Imagine that ship that got stuck in the Egypt gulf canal, if every company was using blockchain technology it would have instantly alerted "hey, blockage here" and if your ship is still say in the Indian ocean, the idea of "okay, maybe start going around" would be feasible. It's not now because some companies, it took hours to days before they even reacted.

And so much waste sometimes happens for lost goods, food and medicine going bad during transit due to weather changes. All of which could be mitigated by real time accurate data from simple QR code scans during each stop. " The National Cargo Security Council (NCSC) estimates that the global financial impact of cargo loss exceeds $50 billion annually. "
 https://www.inboundlogistics.com/cms/article/the-full-cost-of-cargo-losses/

Blockchain management wont solve this 100% as some of its due to mechanical things like cargo literally being physically lost. But much of it is sloppy/human error due to bad information. item goes on wrong ship, item gets stolen, items are marketed incorrectly, items stolen, people not doing their job. A simple QR scan for everything with a simple status input would simplify and make tracking way more accurate than the current system of people literally writing down or typing down everything and passing it to the next guy and hoping no one makes errors. When you think about that, and realize that something like Vechain, even if it only helps solve 1/3rd of cargo/supply mishaps and mysteries would be saving billions, you'll realize when word/wind gets out, there will be big company fomo to get their hands in the cookie jar. We just need to see more real world use. It's already going on but just in small scale. So, it's just a matter of time till it explodes.

TLDR: My point is blockchain supply management is criminally undervalued for the real world. Once it is discovered how incredibly useful it is, there will be an explosion of investment into it. Ambrosus may never come back, if it doesn't, I'm sure there will be more competitors to Vechain but the idea of blockchain supply management is revolutionary and is way more than just a crypto "currency" more so than it is a useful company application that can save billions of dollars. Companies only needing to pay a small amount of money to save a crap ton of money will prob fomo into it one day.

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July 17, 2021, 08:54:38 PM
 #7

Anyone think they're going to ever make a comeback or are they totally dead?



No one thought they really died, isn't the process not so easy, they have to put out some potential to make people's trust, indeed to achieve the desired position is not as easy as what people say.

I'm sure they will come back, either with the old name or changing the basic appearance, the basic thing for them to do is something to strive for, it's not easy to achieve something they want.

Too naive and pessimistic when they can't come back, this doesn't describe successful people if only one failure makes them pessimistic, I don't think it will happen to those who are really fighting for the top 10 in this world.

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July 17, 2021, 09:03:35 PM
 #8

Anyone think they're going to ever make a comeback or are they totally dead?
I don't remember Ambrose and if he died once it would be very difficult to come back because now things are getting tougher and the competition is getting more intense.

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July 17, 2021, 09:29:57 PM
 #9

I have participated in the Ambrosus bounty campaign in late 2017, but I'm not sure if this token will be bullish soon.

Never heard of them and they're ranked on CMC, 978.
https://coinmarketcap.com/currencies/amber/
Volume isn't that great and if a token is having this wave on its chart, it's hard to see it being revived.
it seems very clear that ambrosus is no longer in demand, maybe in a few years this token will disappear.

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July 17, 2021, 10:45:14 PM
 #10

Anyone think they're going to ever make a comeback or are they totally dead?



Never, it's quite difficult to make it happen or it's even impossible to happen. The crypto users have been marking it as a scam project and then they will never try to buy the crappy token called ambrosus again.
The idea that already taken ambrosus was totally non sense thing since it was getting started to raise the funds from the investors but so many investors keep put their money on this garbage project.
Ambroses is dead and it will never come again to the market. This project totally dead.

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July 17, 2021, 11:32:51 PM
 #11

This coin is no longer popular again, left by the team, maybe?
And what about their telegram group or social media?
Many popular coins at that time ar being silent in this time. We may see several coins or tokens are also the same, having lower volume every day and also being delisted from many more exchanges. And then, the coin is going dead.
If the team doesn't more care to this coin, it will depend on the community itself, on the traders and investors of the coin. I think the chance is small. But hopefully, this will survive.

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July 18, 2021, 04:09:27 AM
 #12

This coin is no longer popular again, left by the team, maybe?
And what about their telegram group or social media?
Many popular coins at that time ar being silent in this time. We may see several coins or tokens are also the same, having lower volume every day and also being delisted from many more exchanges. And then, the coin is going dead.
If the team doesn't more care to this coin, it will depend on the community itself, on the traders and investors of the coin. I think the chance is small. But hopefully, this will survive.
True, this coin is no longer popular, but the team is still there and working, it's just not up to expectations.

The telegram group also only has a few hundred members and is quiet, but the twitter account is still providing some updates.

It looks like the team is still hoping their project will survive and be popular again, but the current trend doesn't suit their project. The team also doesn't have a strong community so this project seems fragile and very difficult to get back on top.

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July 18, 2021, 05:49:25 AM
 #13

They're not that active since the hard fall, because as you can see there's no progress in it although it showing green percentage in coinmarketcap, for me this project is unpredictable, just imagine because they can't even regain the current ATH since 2018 and it's been long time ago and seems they're stuck up . So op what are expecting?

Yes, that's true, but the changes that have happened to Ambrosius are serious things that must be observed again, why it all happened, and try to understand again.
and just hope that in the future it will be even better, hopefully other market assets don't happen like the same thing.

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July 18, 2021, 06:21:05 AM
 #14

Anyone think they're going to ever make a comeback or are they totally dead?


Until now, it seems that the ambrosus coin is still active on coinmarketcap.
But when viewed from the ranking, investors will find it difficult to join him, maybe the cause is the very small amount of assets or cryptocurrencies.
The development team must work hard to convince potential investors with the project.

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