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Author Topic: [ANN] AMP - The Currency That Powers Your Attention On Synereo  (Read 779618 times)
BonTonPlease
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July 25, 2017, 10:18:20 PM
 #6981

Do AMP holders have to take care in anyway with regard to the upcoming Bitcoin developments (SegWit2x)? Is there any specific precaution I need to take?

I think OMNI has announced that they will stay on the longest chain, thus AMP will be on the longest chain.

So there is nothing to worry about. You should probably not do AMP transactions on the blockchain until Segwit is not active.

Thank you for your response. And is it possible that AMP also splits and runs on two chains? Could a scenario happen similar to Bitcoin holders that might afterwards not only hold Bitcoin Core tokens but also Bitcoin Cash tokens?

No, AMP is on Omni, Omni has no intention to split.

Omni is on Bitcoin, and Omni will go with the longest chain.

So AMP will be on the longest chain of Bitcoin ,so no worries.



Thanks again for getting back. I was of the opinion that a split in Bitcoin might be as political and relevant for AMP. For example, if there is a split in Bitcoin and someone produces a fork for AMP simultaneously and gets decent backing from part of the Synereo community, could it happen that AMP splits in any way? Sorry for being stubborn with this one, but I think that splitting and forking is not about intentions of those who want to preserve the status quo. It is in the hands of those who want to depart from the status quo. And open source blockchain technology allows them to do so. So, I might lack a lot of technical knowledge at this point, and that is why I am asking whether it is theoretically possible that I am going to own AMP on two chains after August 1st. Hope that makes my concern clear. Appreciate your inputs profitgenerator212!

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July 25, 2017, 11:55:26 PM
 #6982

Do AMP holders have to take care in anyway with regard to the upcoming Bitcoin developments (SegWit2x)? Is there any specific precaution I need to take?

I think OMNI has announced that they will stay on the longest chain, thus AMP will be on the longest chain.

So there is nothing to worry about. You should probably not do AMP transactions on the blockchain until Segwit is not active.

Thank you for your response. And is it possible that AMP also splits and runs on two chains? Could a scenario happen similar to Bitcoin holders that might afterwards not only hold Bitcoin Core tokens but also Bitcoin Cash tokens?

No, AMP is on Omni, Omni has no intention to split.

Omni is on Bitcoin, and Omni will go with the longest chain.

So AMP will be on the longest chain of Bitcoin ,so no worries.



Thanks again for getting back. I was of the opinion that a split in Bitcoin might be as political and relevant for AMP. For example, if there is a split in Bitcoin and someone produces a fork for AMP simultaneously and gets decent backing from part of the Synereo community, could it happen that AMP splits in any way? Sorry for being stubborn with this one, but I think that splitting and forking is not about intentions of those who want to preserve the status quo. It is in the hands of those who want to depart from the status quo. And open source blockchain technology allows them to do so. So, I might lack a lot of technical knowledge at this point, and that is why I am asking whether it is theoretically possible that I am going to own AMP on two chains after August 1st. Hope that makes my concern clear. Appreciate your inputs profitgenerator212!

If there are multiple bitcoin chains after a split, then logically there will be multiple amp too. The legit amp is the one omni and the devs would pick.
BonTonPlease
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July 26, 2017, 06:54:40 AM
 #6983

Do AMP holders have to take care in anyway with regard to the upcoming Bitcoin developments (SegWit2x)? Is there any specific precaution I need to take?

I think OMNI has announced that they will stay on the longest chain, thus AMP will be on the longest chain.

So there is nothing to worry about. You should probably not do AMP transactions on the blockchain until Segwit is not active.

Thank you for your response. And is it possible that AMP also splits and runs on two chains? Could a scenario happen similar to Bitcoin holders that might afterwards not only hold Bitcoin Core tokens but also Bitcoin Cash tokens?

No, AMP is on Omni, Omni has no intention to split.

Omni is on Bitcoin, and Omni will go with the longest chain.

So AMP will be on the longest chain of Bitcoin ,so no worries.



Thanks again for getting back. I was of the opinion that a split in Bitcoin might be as political and relevant for AMP. For example, if there is a split in Bitcoin and someone produces a fork for AMP simultaneously and gets decent backing from part of the Synereo community, could it happen that AMP splits in any way? Sorry for being stubborn with this one, but I think that splitting and forking is not about intentions of those who want to preserve the status quo. It is in the hands of those who want to depart from the status quo. And open source blockchain technology allows them to do so. So, I might lack a lot of technical knowledge at this point, and that is why I am asking whether it is theoretically possible that I am going to own AMP on two chains after August 1st. Hope that makes my concern clear. Appreciate your inputs profitgenerator212!

If there are multiple bitcoin chains after a split, then logically there will be multiple amp too. The legit amp is the one omni and the devs would pick.

"The legit amp is the one omni and the devs would pick."

I am talking about exactly that sentence. "legit" is relative. It depends on the perspective. If there is a group picking up the "less relevant" AMP split on the "less relevant" Bitcoin chain, then it is also legit from that group's perspective. See ETC with $1.3 bn market cap. If played smart, particular those with insider knowledge and technical expertise could benefit from such a split scenario in a great way, as we have seen with ETC. And it could happen anonymously, assuming a split of AMP is also possible. The Synereo team could just say that they don't know who is backing the "less relevant" AMP split on the "less relevant" Bitcoin chain. Not sure if I am completely mistaken here, but I am just trying to figure it potential scenarios and how to benefit of them should they occur. 

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July 26, 2017, 08:58:17 AM
 #6984

The split question is certainly interesting. If someone from the dev team could step forward and say something about it that would be great.

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mt55
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July 26, 2017, 03:20:20 PM
 #6985

Any news about the remaining coins under control of the dev team? Will part of the coins be burned?

BonTonPlease
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July 26, 2017, 03:23:46 PM
 #6986

Any news about the remaining coins under control of the dev team? Will part of the coins be burned?

Would like to know that as well.

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July 26, 2017, 03:44:42 PM
 #6987

don't know any news or updates about all that, but recently found that they have published a new post in their blog on 24th July showing amp distribution formula

https://blog.synereo.com/2017/07/24/wildspark-amp-flow-reward-and-be-rewarded/
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July 26, 2017, 05:00:42 PM
 #6988

sorry to ask again.... would appreciate an answer.... ;-)

is there a desktop wallet available for AMP ?

Instead of speculated on what it will be worth later
or get troll messages..... can you focus on assisting
and guiding real average holders ;-)

thanks in advance

                                 
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July 26, 2017, 06:14:58 PM
 #6989

Is anyone concerned with Synereo dumping 1 mil AMP from Founder Reward Wallet?

Not me, they said they won't sell more AMPS, they already fundraises like 4 million  $ I think.

There was also some talks about coin burning in the future. So it's more likely that the supply will shrink and the price of AMP will go up.

I was also thinking, why would they dump their founder reward when they raised like $ 4 mil USD?

Where did they say they won't sell more AMPs? Are you aware of their June 30 announcement on Slack?

Meanwhile, 400k more AMPs have left Founder Reward Wallet, of which 300k went directly to exchange-looking address.
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July 26, 2017, 07:48:28 PM
 #6990

I guess this should be the procedure
https://cryptocollectorsclub.tumblr.com/post/148503299859/how-to-safely-store-synereo-amp-tokens

sorry to ask again.... would appreciate an answer.... ;-)

is there a desktop wallet available for AMP ?

Instead of speculated on what it will be worth later
or get troll messages..... can you focus on assisting
and guiding real average holders ;-)

thanks in advance
profitgenerator212
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July 26, 2017, 11:23:16 PM
 #6991

Thanks again for getting back. I was of the opinion that a split in Bitcoin might be as political and relevant for AMP. For example, if there is a split in Bitcoin and someone produces a fork for AMP simultaneously and gets decent backing from part of the Synereo community, could it happen that AMP splits in any way?

That cant happen because AMP doesnt have a blockchain, it's on the OMNI blockchain. And there are many more projects there like TETHER and things like that. So OMNI has no reason to split.


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July 27, 2017, 07:04:01 AM
 #6992

Thanks again for getting back. I was of the opinion that a split in Bitcoin might be as political and relevant for AMP. For example, if there is a split in Bitcoin and someone produces a fork for AMP simultaneously and gets decent backing from part of the Synereo community, could it happen that AMP splits in any way?

That cant happen because AMP doesnt have a blockchain, it's on the OMNI blockchain. And there are many more projects there like TETHER and things like that. So OMNI has no reason to split.



Thanks for your response profitgenerator212. Makes sense!

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July 27, 2017, 07:05:51 AM
 #6993

Is anyone concerned with Synereo dumping 1 mil AMP from Founder Reward Wallet?

Not me, they said they won't sell more AMPS, they already fundraises like 4 million  $ I think.

There was also some talks about coin burning in the future. So it's more likely that the supply will shrink and the price of AMP will go up.

I was also thinking, why would they dump their founder reward when they raised like $ 4 mil USD?

Where did they say they won't sell more AMPs? Are you aware of their June 30 announcement on Slack?

Meanwhile, 400k more AMPs have left Founder Reward Wallet, of which 300k went directly to exchange-looking address.

Oh yes, haven't checked that in a while. Wondering because they said they will sell in times of increasing prices. I think the opposite is rather true Tongue

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July 27, 2017, 08:14:58 AM
 #6994

Curious how many people will join wildspark per day once the app is open to the public.

Digipulse.io ► August 4th, 2017
mt55
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July 27, 2017, 06:44:15 PM
 #6995

Curious how many people will join wildspark per day once the app is open to the public.

I am sure Wildspark will grow a lot over a period of a month. Looking forward to that.

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July 27, 2017, 06:48:20 PM
 #6996

anyyytttiiimmee now.

holy shit even blocknet went to the moon before this! lol!

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July 27, 2017, 08:30:21 PM
 #6997

anyyytttiiimmee now.

holy shit even blocknet went to the moon before this! lol!

Be patient, good things only come with patience.

The app will be out in 13th August, just wait 2 more weeks and see the results for yourself.

Is anyone concerned with Synereo dumping 1 mil AMP from Founder Reward Wallet?

Not me, they said they won't sell more AMPS, they already fundraises like 4 million  $ I think.

There was also some talks about coin burning in the future. So it's more likely that the supply will shrink and the price of AMP will go up.

I was also thinking, why would they dump their founder reward when they raised like $ 4 mil USD?

Where did they say they won't sell more AMPs? Are you aware of their June 30 announcement on Slack?

Meanwhile, 400k more AMPs have left Founder Reward Wallet, of which 300k went directly to exchange-looking address.

Hey chill down, we don't know if they are selling, there is no proof.

Maybe they just setup their new infrastructure for the beta release and they moved the money into that infrastructure.

The system will give out AMP to curators I think so they need to fill up the bucket from where it will be given out, maybe that is where the AMP went.

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July 27, 2017, 08:56:44 PM
 #6998

anyyytttiiimmee now.

holy shit even blocknet went to the moon before this! lol!

Be patient, good things only come with patience.

The app will be out in 13th August, just wait 2 more weeks and see the results for yourself.

Is anyone concerned with Synereo dumping 1 mil AMP from Founder Reward Wallet?

Not me, they said they won't sell more AMPS, they already fundraises like 4 million  $ I think.

There was also some talks about coin burning in the future. So it's more likely that the supply will shrink and the price of AMP will go up.

I was also thinking, why would they dump their founder reward when they raised like $ 4 mil USD?

Where did they say they won't sell more AMPs? Are you aware of their June 30 announcement on Slack?

Meanwhile, 400k more AMPs have left Founder Reward Wallet, of which 300k went directly to exchange-looking address.

Hey chill down, we don't know if they are selling, there is no proof.

Maybe they just setup their new infrastructure for the beta release and they moved the money into that infrastructure.

The system will give out AMP to curators I think so they need to fill up the bucket from where it will be given out, maybe that is where the AMP went.

I wouldn't be surprised if they were just dumping to make some money out of expensive AMP token prices. There is too much expectation in the air inflating prices, but unfortunately no real good product.

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July 27, 2017, 09:25:20 PM
 #6999

anyyytttiiimmee now.

holy shit even blocknet went to the moon before this! lol!

Be patient, good things only come with patience.

The app will be out in 13th August, just wait 2 more weeks and see the results for yourself.

Is anyone concerned with Synereo dumping 1 mil AMP from Founder Reward Wallet?

Not me, they said they won't sell more AMPS, they already fundraises like 4 million  $ I think.

There was also some talks about coin burning in the future. So it's more likely that the supply will shrink and the price of AMP will go up.

I was also thinking, why would they dump their founder reward when they raised like $ 4 mil USD?

Where did they say they won't sell more AMPs? Are you aware of their June 30 announcement on Slack?

Meanwhile, 400k more AMPs have left Founder Reward Wallet, of which 300k went directly to exchange-looking address.

Hey chill down, we don't know if they are selling, there is no proof.

Maybe they just setup their new infrastructure for the beta release and they moved the money into that infrastructure.

The system will give out AMP to curators I think so they need to fill up the bucket from where it will be given out, maybe that is where the AMP went.

I wouldn't be surprised if they were just dumping to make some money out of expensive AMP token prices. There is too much expectation in the air inflating prices, but unfortunately no real good product.

Wait two weeks, or are you just fudding?

9k for amp expensive?

























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Token Sale Starts on [ 12 October ]
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mt55
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★ BitClave ICO: 08/11/17 ★


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July 27, 2017, 09:26:55 PM
 #7000

anyyytttiiimmee now.

holy shit even blocknet went to the moon before this! lol!

Be patient, good things only come with patience.

The app will be out in 13th August, just wait 2 more weeks and see the results for yourself.

Is anyone concerned with Synereo dumping 1 mil AMP from Founder Reward Wallet?

Not me, they said they won't sell more AMPS, they already fundraises like 4 million  $ I think.

There was also some talks about coin burning in the future. So it's more likely that the supply will shrink and the price of AMP will go up.

I was also thinking, why would they dump their founder reward when they raised like $ 4 mil USD?

Where did they say they won't sell more AMPs? Are you aware of their June 30 announcement on Slack?

Meanwhile, 400k more AMPs have left Founder Reward Wallet, of which 300k went directly to exchange-looking address.

Hey chill down, we don't know if they are selling, there is no proof.

Maybe they just setup their new infrastructure for the beta release and they moved the money into that infrastructure.

The system will give out AMP to curators I think so they need to fill up the bucket from where it will be given out, maybe that is where the AMP went.

I wouldn't be surprised if they were just dumping to make some money out of expensive AMP token prices. There is too much expectation in the air inflating prices, but unfortunately no real good product.

I think that the product is actually not bad, even though in its infancy. I can very well imagine how this app could play out and what kind of ecosystem might develop around it.

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