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Author Topic: [ANN] AMP - The Currency That Powers Your Attention On Synereo  (Read 778493 times)
LuckerDog
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December 13, 2016, 11:38:29 AM
 #4021

thats correct, i think there is alot of lost confidence in the market, usually when this happens the coins dead, i mean all the coin is now is what? i social media coin? should be worth 1mill market cap if that, social media coin holds no value...

1 mil?? No, no, no... You got it all wrong. All of crypto is speculation. Synereo would be HIGHLY undervalued at 30 mil market cap (1mil, what? lmfao). Why? Because it's a bet, and we have enough information to see how high synereo's cap can go if they simply release a beta. Synereo can EASLY get to 200-400m range on beta hype just like steem did. So it would only be a double or nothing bet if the marketcap was currently around 100m and you only believed the chances of them releasing *A* beta (just a beta, not the most successful beta release or anything lol...) are only 50%.
So you think it's not highly highly highlyyyyyy fucking undervalued at it's current 3mil marketcap (1/10th of dogecoin's marketcap ffs)? People like you are the reason people like me find it so easy to make money - because you don't know how to properly value a bet.

I think there's at least a 70% chance they'll release a beta and on the wings of that hype the cap will reach at LEAST 100m. So at the current 3m cap, I believe there to be a 70% chance I'll make at least 30x return.

there is no need for it to be a coin, it can just be a platform. sad really  Undecided

You're joking right? Why are you even invested in Synereo if you're ignorant of the advantages of a decentralized social platform?..
A coin is needed for:
1) Attention economy - So most of the value of the network goes to the users rather than Mark Zuckerberg's bank account
2) Decentralized network - So the network itself will eventually run on the chain making it censor proof and resistant to certain political views being unfairly promoted by the makers of the network

These are literally the 2 main reasons to invest in Synereo, and it seems you never even knew since you don't understand why a coin is needed.
I'm a futurist. The future will be highly automated and much of our mindless repetitive jobs will be taken over by machines. Once the coming age of abundance (as Michio Kaku calls it) arrives, many of the mindless repetitive jobs will be replaced by creative jobs as the careers people choose will move away from what machines can do and into a niche of what machines can not (in the foreseeable future) do. We're already witnessing the rise of a social attention economy with the explosion of youtubers and bloggers who have made content creation into a career. I can't overstate how huge the social attention economy will be in the future - whether synereo is among the first to capitalize on it or not.
The need for a decentralized social platform is also huge (look at the facebook, twitter, and youtube controversies that have happened JUST in the past year) and that can't feasibly be done without a blockchain which needs a coin.

Synereo can be madly successful because it's coming at the perfect time. Millions of people upset with facebook for filtering certain political views, Twitter for banning people like Milo Yiannopoulos, and youtube for taking down videos on false DMCA charges - all these millions of users are currently SCREAMING for a non-centralized non-controlled solution. I mean hell, if Milo told his hoard of fans "I'm on Synereo now because they don't unfairly ban you for political views like Twitter does", Synereo would instantly have 10's of thousands of users pouring in over night.
Synereo is currently in the lead for an alternative to facebook or twitter in what could easily be a trillion dollar market over the next 5-10 years (Facebook currently sitting around 350 billion alone).
So how can anyone possible think the current marketcap is anything but extremely undervalued?
I can't help but visualize a bunch of chimps throwing a priceless diamond at each other as if it's feeces. This is the stupidity the market is currently displaying.
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LuckerDog
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December 13, 2016, 12:21:18 PM
 #4022

I mean come on now, Synereo sitting behind RUBY COIN in market cap lmao.
Sitting behind NXT which is DEAD as far as development and has no hope in reaching a decent cap.
Synereo is #45 and is easily one of the most interesting (if not THE most interesting) blockchain projects.
99% of other coins trying to be bitcoin clones will find it impossible to stand out or gain traction.
How hard will it be to convince a friend to use an anarchist crypto currency rather than cash or debit?
How hard will it be to convince a friend to use a decentralized and non-controlled social network which PAYS YOU to use it?
The upside to synereo is unreal right now.

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December 13, 2016, 12:42:05 PM
 #4023

Two years and nothing to really show. Should be interesting on what they're going to show / announce.

It's not true at all that they have nothing to show. Have you been paying attention to the community hangouts at all?
I mean if you're tech savvy enough you can test their social platform right now.
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December 13, 2016, 01:03:51 PM
 #4024

AMP today nice dip tomorrow massive rise

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December 13, 2016, 01:08:11 PM
 #4025

First of all, congrats to Synereo team and board members for making this not easy decision to move on without Greg. All the best to Greg, but I believe this was necessary.

Many people are asking for refunds, these are mostly those who have participated in ICO-2. I'm pretty sure refund is not in the plan, please read the t&cs of the ico-2 agreement. But let's say, refund happens, then it won't be fair to investors who purchased AMPs at the exchanges believing in Synereo's product roadmap and vision? Refunding them is will be almost impossible. Refunding one community and not doing the same for the others will probably make this drama continue further into 2017-2018...

There is one solution I guess that will appease everyone, which was already mentioned a few times by other members, and that is to burn considerable amount of AMPs so that the total supply of AMPs decreases significantly and this would automatically appreciate the value of AMPs that investors (small and big) are holding at the moment.

Will the burning happen? I got friends waiting to buy in if this does as of course it means moon landing with stargate coordinates. I will be looking to see what the project is about as I like to do my due diligence and see what each coin represents before I invest in it. Smiley

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December 13, 2016, 02:12:24 PM
 #4026

I prefer to deliver something useful, provide AMPs with real value, and allow those who are interested in a refund to sell at the same price they bought in.

All you did so far wasn't useful at all, you are a bad CEO.
You don't even have a plan and on the 20th of january you think you can come up with one. (it's the date Dor said he would announce the new plan)
You totally screwed every investor who bought into the Rchain idea.

Please people do some research about this scammer, he just raised 5 million $ and 2 months after he kicks out Greg/Rchain! But Greg/Rhain got most of the money! This CEO is a criminal, don't trust this guy!

Sell your AMPs people and buy into Rchain coin which will soon come onto the market.
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December 13, 2016, 02:14:11 PM
 #4027


Thank you for the tissue little girl. But, you should be careful showing your face around crybaby crypto heads  Lips sealed
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December 13, 2016, 02:57:42 PM
 #4028

Please people do some research about this scammer, he just raised 5 million $ and 2 months after he kicks out Greg/Rchain! But Greg/Rhain got most of the money! This CEO is a criminal, don't trust this guy!

Greg is the reason Greg got kicked off though. I like Greg and am partially sad he's not on the team anymore, but he honestly left the team no choice.

Sell your AMPs people and buy into Rchain coin which will soon come onto the market.

By Greg's own admission, Rchain is 5-10 years off... Who in their right mind would invest in something that's 5-10 years off. In crypto terms that's a lifetime. In 5-10 years, crypto may have a combined market cap of 100 million for all we know.
And what would even be the use of Rchain in 5-10 years anyway, by then we'll have Ethereum PoS Casper and Bitcoin lightning network most likely.
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December 13, 2016, 03:31:02 PM
 #4029

Please people do some research about this scammer, he just raised 5 million $ and 2 months after he kicks out Greg/Rchain! But Greg/Rhain got most of the money! This CEO is a criminal, don't trust this guy!

Greg is the reason Greg got kicked off though. I like Greg and am partially sad he's not on the team anymore, but he honestly left the team no choice.

Sell your AMPs people and buy into Rchain coin which will soon come onto the market.

By Greg's own admission, Rchain is 5-10 years off... Who in their right mind would invest in something that's 5-10 years off. In crypto terms that's a lifetime. In 5-10 years, crypto may have a combined market cap of 100 million for all we know.
And what would even be the use of Rchain in 5-10 years anyway, by then we'll have Ethereum PoS Casper and Bitcoin lightning network most likely.

Someone should have kicked him and put behind bars but people were hesitant to mess with a smart cucumber like greg coz they knew if he gets mad he will buy a weapon and start shooting civilians on the streets.
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December 13, 2016, 05:03:14 PM
 #4030

Please people do some research about this scammer, he just raised 5 million $ and 2 months after he kicks out Greg/Rchain! But Greg/Rhain got most of the money! This CEO is a criminal, don't trust this guy!

Greg is the reason Greg got kicked off though. I like Greg and am partially sad he's not on the team anymore, but he honestly left the team no choice.

Sell your AMPs people and buy into Rchain coin which will soon come onto the market.

By Greg's own admission, Rchain is 5-10 years off... Who in their right mind would invest in something that's 5-10 years off. In crypto terms that's a lifetime. In 5-10 years, crypto may have a combined market cap of 100 million for all we know.
And what would even be the use of Rchain in 5-10 years anyway, by then we'll have Ethereum PoS Casper and Bitcoin lightning network most likely.

Someone should have kicked him and put behind bars but people were hesitant to mess with a smart cucumber like greg coz they knew if he gets mad he will buy a weapon and start shooting civilians on the streets.

Greg is BAD NEWS!

Greg is gone though, THANK GOD! and we should now be concentrating on...

MAKING AMPS GREAT AGAIN!

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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December 13, 2016, 05:38:47 PM
 #4031

The circus is still in town... I'll just keep churning...  Roll Eyes

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December 13, 2016, 06:05:29 PM
 #4032

Lol @ dumbo's really believing AMP is dead. Every smart investor would buy AMP NOW. AMP has currently one of the best reward/risk of all altcoins.
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December 13, 2016, 07:15:57 PM
 #4033

Allright, so it looks like this project isn't going anywhere until the 20th of January 2017. Looking at the bright side, one can consider this situation as a very large window of oppertunity to buy in relative cheap. Personally, I haven't decided wether I simply hold on to my current stash of AMP's OR gradually get some more in the coming weeks. I suspect this thing isn't KIA yet so selling everything would be a premature move.

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December 14, 2016, 01:55:33 AM
 #4034

What is likely to happen is that the price is in a level where people keep want to accumulate coins this cheap, there will be pumps later and hopefully a good one because I want to know what the team will do to replace the Rchain with other tech.

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December 14, 2016, 04:45:40 AM
 #4035

Allright, so it looks like this project isn't going anywhere until the 20th of January 2017. Looking at the bright side, one can consider this situation as a very large window of oppertunity to buy in relative cheap. Personally, I haven't decided wether I simply hold on to my current stash of AMP's OR gradually get some more in the coming weeks. I suspect this thing isn't KIA yet so selling everything would be a premature move.

But what if the 20th rolls around and nothing concrete has been completed and its just more empty promises. Thats when all hell will break out and if you think its cheap now just wait because if the 20th is a flop amps price will flop down the volcano of death and then nothings going to save it, well. Maybe if satoshi came back and said he was replacing Greg. But barring that it would be bad. Very bad.

I need crypto in my life and garbage out of it.
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December 14, 2016, 05:53:25 AM
 #4036

Why has the AMP TEAM decided to wait till January the 20th for a decision on what is to happen to AMP? Are they all on holiday or very busy? Or they want more concensus and feedback from AMP HOLDERS? I grabbed a few from POLO to hold and see what happens.

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December 14, 2016, 06:10:54 AM
 #4037

Why has the AMP TEAM decided to wait till January the 20th for a decision on what is to happen to AMP? Are they all on holiday or very busy? Or they want more concensus and feedback from AMP HOLDERS? I grabbed a few from POLO to hold and see what happens.

Pretty much we sitting here holding our dicks in our hands waiting for them to finish having a great holiday with our money. That's the just of it.
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December 14, 2016, 06:39:39 AM
 #4038

I already told you guys pages ago, The meeting only brought more bad news. Wait the 01-20-2017 is not what anyone was expecting except me and thats bad news for amp holders.
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December 14, 2016, 07:12:02 AM
 #4039

I believe the fate of this project will be decided on Jan 20, 2017. for now, I'm out of this now because I don't like uncertainties.

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IMPORTANT NOTICE
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December 14, 2016, 07:22:45 AM
 #4040

I believe the fate of this project will be decided on Jan 20, 2017. for now, I'm out of this now because I don't like uncertainties.

Amen to that brother. That's a good stance to take.
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