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Author Topic: [ANN] AMP - The Currency That Powers Your Attention On Synereo  (Read 774598 times)
Thereisnospoon
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October 22, 2016, 09:09:27 PM
 #2721

You guys do realize that the crowdsale buyers is losing money is not a good thing to Synereo, basically its because of their investment of 4.7M that there will be development....

I was also thinking wow 4.7M damn !! We can't say for sure, I would like to believe the project will go ahead as promised. Many people believed in this project and backed it up now they must come through. If they do the Synereo network will surely be a force to be wreaked with. It would be good to have competition to steem and even more ways for people to earn income. So let us see how this currency powers our attention.
The time when you multiply your money strigt after ICO/fund rising  is over what is going to be a big challenge for start ups to rise funds but that will eradicate scams and rise competition what will bring industry to the next level.I myself under water although bought on the market and don't have time for trading.Anyway not woried too much...
Heads up https://cointelegraph.com/news/synereo-partners-silicon-valleys-nfx-guild-to-accelerate-decentralised-apps
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October 23, 2016, 04:22:29 AM
 #2722

You guys do realize that the crowdsale buyers is losing money is not a good thing to Synereo, basically its because of their investment of 4.7M that there will be development....

If you're expecting a large return in the next week or two, it's probably not going to happen.  If you're willing to wait a little longer, I seriously think AMPs will easily hit $5 USD next year.  Synereo is leaps and bounds better than Ethereum and the full AMP distribution, in my estimate, is many, many years off.  The original crowdsale AMP purchasers couldn't recoup their money for literally months before it shot up to ~25k sat.  The bid side of the order book on Bitrrex was practically non-existent and sub 1000 sat for a long time.  I really don't think that will be the case this time because of the momentum Synereo / AMPs are achieving.  I expect a large increase in the near future.  Probably not next week... probably not the week after, but soon.  Patience is a virtue.

YOURCHAIN - MAKE RCHAIN YOURS AGAIN!
"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
shapeshiftscam
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October 23, 2016, 04:32:38 AM
 #2723

You guys do realize that the crowdsale buyers is losing money is not a good thing to Synereo, basically its because of their investment of 4.7M that there will be development....

If you're expecting a large return in the next week or two, it's probably not going to happen.  If you're willing to wait a little longer, I seriously think AMPs will easily hit $5 USD next year.  Synereo is leaps and bounds better than Ethereum and the full AMP distribution, in my estimate, is many, many years off.  The original crowdsale AMP purchasers couldn't recoup their money for literally months before it shot up to ~25k sat.  The bid side of the order book on Bitrrex was practically non-existent and sub 1000 sat for a long time.  I really don't think that will be the case this time because of the momentum Synereo / AMPs are achieving.  I expect a large increase in the near future.  Probably not next week... probably not the week after, but soon.  Patience is a virtue.

The priority of amp is to fire the Chinese bitch community manager-Dana Chan, or this project will fail, this bitch is stealing amp tokens from the team.

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chappolino
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October 23, 2016, 04:34:22 AM
 #2724

You guys do realize that the crowdsale buyers is losing money is not a good thing to Synereo, basically its because of their investment of 4.7M that there will be development....

If you're expecting a large return in the next week or two, it's probably not going to happen.  If you're willing to wait a little longer, I seriously think AMPs will easily hit $5 USD next year.  Synereo is leaps and bounds better than Ethereum and the full AMP distribution, in my estimate, is many, many years off.  The original crowdsale AMP purchasers couldn't recoup their money for literally months before it shot up to ~25k sat.  The bid side of the order book on Bitrrex was practically non-existent and sub 1000 sat for a long time.  I really don't think that will be the case this time because of the momentum Synereo / AMPs are achieving.  I expect a large increase in the near future.  Probably not next week... probably not the week after, but soon.  Patience is a virtue.
But first, go to 1000sat
DecentralizeEconomics
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October 23, 2016, 04:51:02 AM
 #2725

You guys do realize that the crowdsale buyers is losing money is not a good thing to Synereo, basically its because of their investment of 4.7M that there will be development....

If you're expecting a large return in the next week or two, it's probably not going to happen.  If you're willing to wait a little longer, I seriously think AMPs will easily hit $5 USD next year.  Synereo is leaps and bounds better than Ethereum and the full AMP distribution, in my estimate, is many, many years off.  The original crowdsale AMP purchasers couldn't recoup their money for literally months before it shot up to ~25k sat.  The bid side of the order book on Bitrrex was practically non-existent and sub 1000 sat for a long time.  I really don't think that will be the case this time because of the momentum Synereo / AMPs are achieving.  I expect a large increase in the near future.  Probably not next week... probably not the week after, but soon.  Patience is a virtue.

The priority of amp is to fire the Chinese bitch community manager-Dana Chan, or this project will fail, this bitch is stealing amp tokens from the team.

Nobody's ever heard of this "Dana Chan" chick.  What are you talking about?

You guys do realize that the crowdsale buyers is losing money is not a good thing to Synereo, basically its because of their investment of 4.7M that there will be development....

If you're expecting a large return in the next week or two, it's probably not going to happen.  If you're willing to wait a little longer, I seriously think AMPs will easily hit $5 USD next year.  Synereo is leaps and bounds better than Ethereum and the full AMP distribution, in my estimate, is many, many years off.  The original crowdsale AMP purchasers couldn't recoup their money for literally months before it shot up to ~25k sat.  The bid side of the order book on Bitrrex was practically non-existent and sub 1000 sat for a long time.  I really don't think that will be the case this time because of the momentum Synereo / AMPs are achieving.  I expect a large increase in the near future.  Probably not next week... probably not the week after, but soon.  Patience is a virtue.
But first, go to 1000sat 100 sat

FTFY

YOURCHAIN - MAKE RCHAIN YOURS AGAIN!
"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
extee
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October 23, 2016, 09:22:18 AM
 #2726

AMP still hasn't broken the 24k support , so a rally is still possible. the problem is the bitcoin rampage, or we would be flying right now.
anyway Synereo on their page are hiring more developers, hopefully we'll see more speedy development in 2017.

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October 23, 2016, 09:34:28 AM
 #2727

Hello. I have sent some BTC for AMP ICO from Bitcoin hardware wallet (Trezor). Do I have any means of finding out where did the AMP went?

Thank you

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-https://paxful.com/roots/buy-bitcoin?affiliate=9zGMkyaxkWb
-https://localbitcoins.com/?ch=8rp1

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DecentralizeEconomics
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October 23, 2016, 09:56:24 AM
 #2728

Hello. I have sent some BTC for AMP ICO from Bitcoin hardware wallet (Trezor). Do I have any means of finding out where did the AMP went?

Thank you

When they are distributed, the AMPs will reside as OMNI assets on the BTC address from which you sent your BTC on your hardware wallet.

YOURCHAIN - MAKE RCHAIN YOURS AGAIN!
"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
bluudz
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October 23, 2016, 10:03:57 AM
 #2729

They were not distributed yet? But the ICO has finished already no?

Buy Bitcoins Worldwide
-https://paxful.com/roots/buy-bitcoin?affiliate=9zGMkyaxkWb
-https://localbitcoins.com/?ch=8rp1

<iframe src="https://paxful.com/roots/buy-bitcoin?affiliate=9zGMkyaxkWb&fiat_amount=24&fiat_currency=USD&offer=wjWmD5XV15v" frameborder="0" style="overflow:hidden;height:;width:"></iframe>
B!gSmoke
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October 23, 2016, 10:50:44 AM
 #2730




Lol at the price on Polo.  Enjoy it while it lasts.

Soon moon, it is going lunar for sure in 2k17!!!
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October 23, 2016, 02:03:12 PM
 #2731

They were not distributed yet? But the ICO has finished already no?


Read this https://blog.synereo.com/2016/10/18/4463571-thanks/  Smiley

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polick
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October 23, 2016, 04:53:47 PM
 #2732

They were not distributed yet? But the ICO has finished already no?


Read this https://blog.synereo.com/2016/10/18/4463571-thanks/  Smiley

I hope to get my AMPs by the end of the month. Dor can you update everyone?
someone111
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October 24, 2016, 01:31:44 AM
 #2733

AMPlifiy this post... Anyone really gonna use this? Will people purchase AMPs so they can upvote stuff? I doubt that.

AMPlifiy this post... And loose money with that...

Would YOU do this? Not someone you can imagine...

It's like with this social network for pets. If you ask around you find a lot people who can imagine such a thing would be profitable. But in reality, no one would use it.
This does not even work with STEEM. As I understand, the more STEEM, the more upvote. But with STEEM, these are not lost after upvoting. And yet steemit isn't really profitable for investors.

Except for advertisers perhaps...

You guys do realize that the crowdsale buyers is losing money is not a good thing to Synereo, basically its because of their investment of 4.7M that there will be development....

If you're expecting a large return in the next week or two, it's probably not going to happen.  If you're willing to wait a little longer, I seriously think AMPs will easily hit $5 USD next year.  Synereo is leaps and bounds better than Ethereum and the full AMP distribution, in my estimate, is many, many years off.
Problem is, there are much more AMPs than ETH. Total supply:

1,680,400,000 AMP
     85,271,149 ETH

So there are almost 20 times more AMP than ETH.

Please do correct me if I am wrong!

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usukan
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October 24, 2016, 04:13:45 AM
 #2734

Is there going to be a straight out AMP wallet at some stage?  Or are AMP's always going to be an OmniWallet asset linked to a bitcoin address?


                                                   
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October 24, 2016, 05:20:31 AM
 #2735

AMPlifiy this post... Anyone really gonna use this? Will people purchase AMPs so they can upvote stuff? I doubt that.

AMPlifiy this post... And loose money with that...

Would YOU do this? Not someone you can imagine...

It's like with this social network for pets. If you ask around you find a lot people who can imagine such a thing would be profitable. But in reality, no one would use it.
This does not even work with STEEM. As I understand, the more STEEM, the more upvote. But with STEEM, these are not lost after upvoting. And yet steemit isn't really profitable for investors.

Except for advertisers perhaps...

AMPs have value because of their use case for advertisers, but they also are valuable for a lot of other use cases.  One of those being content producers (aka musicians, artists, etc...) who will now be able to directly sell their content to the consumer without having to use middlemen (aka Spotify, iTunes, etc...).  AMPs are also the intermediary token for monetary transfers on the decentralized internet.  Want to send BTC or Fiat (a fiat token redeemable through a gateway service)?  The financial instrument that you send will be converted to AMPs, sent to the recipient, and reconverted into the currency of their choice on the fly.  Also, AMPs are the underlying token of the RChain.  AMPs will have plenty of uses on the decentralized internet and all the dApps and companies which will be utilizing it.

You guys do realize that the crowdsale buyers is losing money is not a good thing to Synereo, basically its because of their investment of 4.7M that there will be development....

If you're expecting a large return in the next week or two, it's probably not going to happen.  If you're willing to wait a little longer, I seriously think AMPs will easily hit $5 USD next year.  Synereo is leaps and bounds better than Ethereum and the full AMP distribution, in my estimate, is many, many years off.
Problem is, there are much more AMPs than ETH. Total supply:

1,680,400,000 AMP
     85,271,149 ETH

So there are almost 20 times more AMP than ETH.

Please do correct me if I am wrong!

Here's the Synereo AMP Finance GDoc: https://docs.google.com/spreadsheets/d/1r1G-ROS4vgHK84qfn1CBIxuXZQCCvIicCTQSxW1T_mo

As you can see, the total amount of AMPs on the market right now is ~63M.

The total amount of AMPs that can ever be issued is ~949M.

I expect another 26M will be issued from the just concluded crowdsale.  This puts the total float at 89M AMPs.  Probably around 14M AMPs out of the 949M will be burned, which will leave 935M.

Out of those 935M another 846M are left to be issued.  100M are the founders and will most likely be locked up until a substantial price increase happens.  Another 425.2M are allocated for future funding rounds.  There won't be another crowdsale for a year or a year and a half.  If only 44M AMPs were available this funding round the team has another ten years of funding rounds before this is exhausted.  This time only 59% of the 44M AMPs available in the crowdsale were sold.  Extrapolating that to the future, I expect 174.33M AMPs to be burnt before total disbursement which would put the cap at 760.66M AMPs.  The "bounty wallet", "content creator wallet", and "user rewards wallet" amount to a combined total of 290M, and again, fall under long term disbursement.  The situation now sits that there will only be 89M AMPs for the next year or more.  If you think they'll do another crowdsale yearly for ten years to fund development, you're looking at an increase of 67.16M per year.  If this project is even moderately successful, that's nothing.  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.

YOURCHAIN - MAKE RCHAIN YOURS AGAIN!
"Give me the liberty to know, to utter, and to argue freely according to conscience, above all liberties." - Areopagitica
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October 24, 2016, 06:05:41 AM
 #2736

lots of if and lots of greed

i hope you have some hype left cause it seems to me that u have use all your ammos/articles during crowdsale, from social network to world computer in a few weeks. So what's left to fill those long months with zero release and a bullish bitcoin ?
Thereisnospoon
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October 24, 2016, 06:46:01 AM
 #2737

AMPlifiy this post... Anyone really gonna use this? Will people purchase AMPs so they can upvote stuff? I doubt that.

AMPlifiy this post... And loose money with that...

Would YOU do this? Not someone you can imagine...

It's like with this social network for pets. If you ask around you find a lot people who can imagine such a thing would be profitable. But in reality, no one would use it.
This does not even work with STEEM. As I understand, the more STEEM, the more upvote. But with STEEM, these are not lost after upvoting. And yet steemit isn't really profitable for investors.

Except for advertisers perhaps...

AMPs have value because of their use case for advertisers, but they also are valuable for a lot of other use cases.  One of those being content producers (aka musicians, artists, etc...) who will now be able to directly sell their content to the consumer without having to use middlemen (aka Spotify, iTunes, etc...).  AMPs are also the intermediary token for monetary transfers on the decentralized internet.  Want to send BTC or Fiat (a fiat token redeemable through a gateway service)?  The financial instrument that you send will be converted to AMPs, sent to the recipient, and reconverted into the currency of their choice on the fly.  Also, AMPs are the underlying token of the RChain.  AMPs will have plenty of uses on the decentralized internet and all the dApps and companies which will be utilizing it.

You guys do realize that the crowdsale buyers is losing money is not a good thing to Synereo, basically its because of their investment of 4.7M that there will be development....

If you're expecting a large return in the next week or two, it's probably not going to happen.  If you're willing to wait a little longer, I seriously think AMPs will easily hit $5 USD next year.  Synereo is leaps and bounds better than Ethereum and the full AMP distribution, in my estimate, is many, many years off.
Problem is, there are much more AMPs than ETH. Total supply:

1,680,400,000 AMP
     85,271,149 ETH

So there are almost 20 times more AMP than ETH.

Please do correct me if I am wrong!

Here's the Synereo AMP Finance GDoc: https://docs.google.com/spreadsheets/d/1r1G-ROS4vgHK84qfn1CBIxuXZQCCvIicCTQSxW1T_mo

As you can see, the total amount of AMPs on the market right now is ~63M.

The total amount of AMPs that can ever be issued is ~949M.

I expect another 26M will be issued from the just concluded crowdsale.  This puts the total float at 89M AMPs.  Probably around 14M AMPs out of the 949M will be burned, which will leave 935M.

Out of those 935M another 846M are left to be issued.  100M are the founders and will most likely be locked up until a substantial price increase happens.  Another 425.2M are allocated for future funding rounds.  There won't be another crowdsale for a year or a year and a half.  If only 44M AMPs were available this funding round the team has another ten years of funding rounds before this is exhausted.  This time only 59% of the 44M AMPs available in the crowdsale were sold.  Extrapolating that to the future, I expect 174.33M AMPs to be burnt before total disbursement which would put the cap at 760.66M AMPs.  The "bounty wallet", "content creator wallet", and "user rewards wallet" amount to a combined total of 290M, and again, fall under long term disbursement.  The situation now sits that there will only be 89M AMPs for the next year or more.  If you think they'll do another crowdsale yearly for ten years to fund development, you're looking at an increase of 67.16M per year.  If this project is even moderately successful, that's nothing.  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.
Thanks for clarifying!
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October 24, 2016, 06:55:27 AM
 #2738

AMPlifiy this post... Anyone really gonna use this? Will people purchase AMPs so they can upvote stuff? I doubt that.

AMPlifiy this post... And loose money with that...

Would YOU do this? Not someone you can imagine...

It's like with this social network for pets. If you ask around you find a lot people who can imagine such a thing would be profitable. But in reality, no one would use it.
This does not even work with STEEM. As I understand, the more STEEM, the more upvote. But with STEEM, these are not lost after upvoting. And yet steemit isn't really profitable for investors.

Except for advertisers perhaps...

Dude, do you realize how much money Facebook makes from people sponsoring stories? It's a lot. On the social media layer, AMPlification is essentially the same. I think lots of people will wind up using AMPs for this purpose.

We work hard to promote Bitcoin adoption and the decentralization of society. You can support our efforts by donating BTC to 35wDNxFhDB6Ss8fgijUUpn2Yx6sggDgGqS
polick
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October 24, 2016, 08:09:03 AM
 #2739

AMPlifiy this post... Anyone really gonna use this? Will people purchase AMPs so they can upvote stuff? I doubt that.

AMPlifiy this post... And loose money with that...

Would YOU do this? Not someone you can imagine...

It's like with this social network for pets. If you ask around you find a lot people who can imagine such a thing would be profitable. But in reality, no one would use it.
This does not even work with STEEM. As I understand, the more STEEM, the more upvote. But with STEEM, these are not lost after upvoting. And yet steemit isn't really profitable for investors.

Except for advertisers perhaps...

Dude, do you realize how much money Facebook makes from people sponsoring stories? It's a lot. On the social media layer, AMPlification is essentially the same. I think lots of people will wind up using AMPs for this purpose.

For sure bro. Facebook makes a killing on advertising. The attention economy is just the next way forward.
luzamarino
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October 24, 2016, 08:33:12 AM
 #2740

Can AMPs be stored on the ledger nano S ?
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