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Author Topic: [ANN] AMP - The Currency That Powers Your Attention On Synereo  (Read 844610 times)
Diego24
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July 07, 2017, 07:15:44 AM
 #6761

I don't get why the price has pulled back so much, you would have to be slightly retarded to be selling at these levels.

Gonna call back next week.
Why is selling at these prices retarded ? You clearly weren't here last year after ICO when price crashed 80 %. AMP is in a very strong downtrend. I am very happy I ran away, actually. At this moment I will defend the kebaps also  Cheesy Cheesy Cheesy

In all honesty, AMP has an interesting concept. But I do understand these shortterm investors that run away constantly. There are certain criterias investors look at when investing for the longterm. AMP violates some of them. First, there is a huge amount of premined AMP. Once the platform is operational AMP could go high but inflation with premined coins will kill the price, the same way that happened with Steem. Second, their dev team is extremely small with only 4 developers. What are they actually doing with the millions they raised ? I think the purpose of raising money is in order to pay employees so you can deliver faster. But they raised tons of money and still only have 4 developers. If you ask here why they only have 4 developers and whether they shouldn't hire more people, you get no answer. Third, they have to deliver. And in all honesty, what the Synereo team has delivered after more than a year is very poor. Only a beta release of a plugin. You have to get in the head of the majority of investors. They will be like: "OK, so these people raised millions of dollars and in more than a year the only thing they did was intra team fighting and deliver a beta release of a browser plugin ?". That doesn't sound really convincing. As I said before, Steemit had a full website more than a year ago. That's an achievement that sounds more convincing to investors.
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July 07, 2017, 07:50:59 AM
 #6762

If you ask here why they only have 4 developers and whether they shouldn't hire more people, you get no answer.

Twitter had 8 employees in 2008:
https://www.statista.com/statistics/272140/employees-of-twitter/

So maybe half of them were developers.  How many of them do you need to make a good product? And what will happen if they hire 100 more to satisfy you, and they are all crappy programmers? it is really hard to find good ones.
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July 07, 2017, 08:40:03 AM
 #6763

So maybe half of them were developers.  How many of them do you need to make a good product? And what will happen if they hire 100 more to satisfy you, and they are all crappy programmers? it is really hard to find good ones.
Unbelievable how people just keep defending the undefendable. There are only 4 good developers in this world ? Are you on drugs or are you just an idiot ?

Also, how convenient to look at twitter in 2008. In 2009 they had 29 employees. In 2010 130. In 2011 350. And in 2012 2712. Very smart of you to ignore the years after. Only look at what suits your agenda, right ? Omit the fact that Twitter went from 8 to 29 in 1 year and from 8 to 130 in 2 years. That's exactly what a serious business should be doing. It should grow. Synereo sticks to 4 people and hardly makes progress and people expect it to moon. If someone serious launches an ICO today to copy AMP and hires developers, in 6 months he has a product that is 10 times ahead of Synereo.

Oh, by the way ... Twitter managed to find 1000s of good developers ? How did that happen ? Were they lucky to be in the golden era in which there luckily were more than 4 good developers in the world ?  Cheesy Cheesy Cheesy
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July 07, 2017, 09:14:16 AM
 #6764

Why amp dumping??
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July 07, 2017, 09:19:25 AM
 #6765

Why amp dumping??
People don't like the beta. It was expected to be a Steem killer, but for now we have just a Chrome extension to send tips to youtube vloggers.
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July 07, 2017, 10:23:49 AM
 #6766

I don't get why the price has pulled back so much, you would have to be slightly retarded to be selling at these levels.

Gonna call back next week.
Why is selling at these prices retarded ? You clearly weren't here last year after ICO when price crashed 80 %. AMP is in a very strong downtrend. I am very happy I ran away, actually. At this moment I will defend the kebaps also  Cheesy Cheesy Cheesy

In all honesty, AMP has an interesting concept. But I do understand these shortterm investors that run away constantly. There are certain criterias investors look at when investing for the longterm. AMP violates some of them. First, there is a huge amount of premined AMP. Once the platform is operational AMP could go high but inflation with premined coins will kill the price, the same way that happened with Steem. Second, their dev team is extremely small with only 4 developers. What are they actually doing with the millions they raised ? I think the purpose of raising money is in order to pay employees so you can deliver faster. But they raised tons of money and still only have 4 developers. If you ask here why they only have 4 developers and whether they shouldn't hire more people, you get no answer. Third, they have to deliver. And in all honesty, what the Synereo team has delivered after more than a year is very poor. Only a beta release of a plugin. You have to get in the head of the majority of investors. They will be like: "OK, so these people raised millions of dollars and in more than a year the only thing they did was intra team fighting and deliver a beta release of a browser plugin ?". That doesn't sound really convincing. As I said before, Steemit had a full website more than a year ago. That's an achievement that sounds more convincing to investors.

As soon as you sell you start giving negative comments. Not a decent thing to do.

Seen this too many times in crypto. It's hard to find good people to take advice in this sphere.





























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Token Sale Starts on [ 12 October ]
[ PRESALE IS OPEN ] ●●●






































leigh2k14
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July 07, 2017, 10:29:46 AM
 #6767

Going to make one last comment before I go away for the weekend.

This has been a brutal pull back, more than most of us expected. If you look at the charts the market makers, have plenty of BTC waiting at 13k to collect your coins from you, the best thing to do in this situation is just hold, i've seen this so many times now and if you are unlucky enough to get caught the just HODL. It will return to previous levels.


Open beta just over 4 weeks, not long, I belive that's when we will see our jump in price.



























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Token Sale Starts on [ 12 October ]
[ PRESALE IS OPEN ] ●●●






































Diego24
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July 07, 2017, 10:47:01 AM
 #6768

As soon as you sell you start giving negative comments. Not a decent thing to do.
Seen this too many times in crypto. It's hard to find good people to take advice in this sphere.
Not really. I already asked here why they only have 4 developers before I sold off. I asked Elokane why he only has 4 developers. And a few posts later I made a post stating that I am still in it. And then a few posts later I told you I am out. I went out because price kept crashing. Then I started to think why it is crashing. Yesterday I saw a video of an investor in which he says what are the things he looked at. And then with current price drop I realized AMP violates many of these things and I just posted them. This is not like my conspiracy against AMP. I want to get back in when it it safe. But I am not going to burn myself for it.

I think the idea they have is a good one. But they produce too slow. Is this not true ? If you are honest and compare Synereo's progress with other projects, their progress is a bit laughable. And worst is, they have the money to hire more people. This is no FUD, but reality. Telling the truth is decent. What is not decent is what you do. You are hyping the coin with the "in 4 weeks it will moon". People listening to your nonsense will get burned because AMP is not ready to moon yet.
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July 07, 2017, 10:53:22 AM
 #6769

Somebody understood the economy of AMPs?
I mean mathematical formulas for the distribution of rewards between authors and curators.
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July 07, 2017, 11:28:18 AM
 #6770

some says Steem it is similar to Synereo. How are they? How instantly I can try Steem it one comparing to Wildspark?

AMP drops so quick and badly... who's selling???  Huh

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July 07, 2017, 11:56:29 AM
 #6771

Somebody understood the economy of AMPs?
I mean mathematical formulas for the distribution of rewards between authors and curators.
Is there information about that? I didn't find any.
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July 07, 2017, 03:47:32 PM
 #6772

I must sell, Synereo is going to crash otherwise i lose :\

What you think about possible recover?





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July 07, 2017, 06:04:45 PM
 #6773

I must sell, Synereo is going to crash otherwise i lose :\

What you think about possible recover?

It will probably go sub 10 k soon , AMP team has failed again.

Güçlü Türkiye Kebab Defenderler
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July 07, 2017, 06:09:58 PM
 #6774

I will buy some. This is a long term project.
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July 07, 2017, 06:12:16 PM
 #6775

guys this coin (although seems to be a good project still) has been manipulated to hell from the start lol, not necessarily 'devs' fault and all since whales have soooo many coins to play with.  the fucking coin count on this is way to high and many more should be burned (oh well, so much for that).  you have whales galore playing this coin like a fiddle and they basically have been pnd'ing the news releases on this thing.  look even that crowdsale where ppl bought (now since recouped) the thing dumped insannnnnnnnnnneee post "sale".  not sure if devs knew or were involved but who the fuck knows......since so many whales play this coin with bots, i doubt devs involved, but jesus this thing pnd enough to make ppl cry and baghold for months on end lol.

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July 07, 2017, 06:21:13 PM
 #6776

guys this coin (although seems to be a good project still) has been manipulated to hell from the start lol, not necessarily 'devs' fault and all since whales have soooo many coins to play with.  the fucking coin count on this is way to high and many more should be burned (oh well, so much for that).  you have whales galore playing this coin like a fiddle and they basically have been pnd'ing the news releases on this thing.  look even that crowdsale where ppl bought (now since recouped) the thing dumped insannnnnnnnnnneee post "sale".  not sure if devs knew or were involved but who the fuck knows......since so many whales play this coin with bots, i doubt devs involved, but jesus this thing pnd enough to make ppl cry and baghold for months on end lol.

Its always manipulation.

The team has failed period, the hold around 11 million USD in bitcoin and al they did so far is a crappy browser extension no one has seen or tested, its a total joke.

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July 07, 2017, 06:27:08 PM
 #6777


YOURCHAIN - MAKE CRYPTO 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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July 07, 2017, 07:27:08 PM
 #6778

guys this coin (although seems to be a good project still) has been manipulated to hell from the start lol, not necessarily 'devs' fault and all since whales have soooo many coins to play with.  the fucking coin count on this is way to high and many more should be burned (oh well, so much for that).  you have whales galore playing this coin like a fiddle and they basically have been pnd'ing the news releases on this thing.  look even that crowdsale where ppl bought (now since recouped) the thing dumped insannnnnnnnnnneee post "sale".  not sure if devs knew or were involved but who the fuck knows......since so many whales play this coin with bots, i doubt devs involved, but jesus this thing pnd enough to make ppl cry and baghold for months on end lol.

I have a strong suspicion that the coin is being played by some prominent shills for this coin.
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July 07, 2017, 10:28:00 PM
 #6779

guys this coin (although seems to be a good project still) has been manipulated to hell from the start lol, not necessarily 'devs' fault and all since whales have soooo many coins to play with.  the fucking coin count on this is way to high and many more should be burned (oh well, so much for that).  you have whales galore playing this coin like a fiddle and they basically have been pnd'ing the news releases on this thing.  look even that crowdsale where ppl bought (now since recouped) the thing dumped insannnnnnnnnnneee post "sale".  not sure if devs knew or were involved but who the fuck knows......since so many whales play this coin with bots, i doubt devs involved, but jesus this thing pnd enough to make ppl cry and baghold for months on end lol.

I have a strong suspicion that the coin is being played by some prominent shills for this coin.

The price never got to anywhere near 33k - 40k satoshis (crowdsale price range). Once it reached near (considering discounts for large amounts of BTC investment), the price went down quickly (accelerated by this downtrend in many tokens).

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July 07, 2017, 10:37:15 PM
 #6780

perhaps a naive question... but.... is there a local wallet available
to hold AMP?

thanks for the info

                               
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