[ANN] AMP - The Currency That Powers Your Attention On Synereo

[Ethertrader1]

i'm not watching the conference, but what happened??? did they said something bad?
the buy order at poloniex is dying and the price dropping fast.

I dont think so. Its been a good day of conversations. I have not watched everything though. The price seems to be moving from 27000-30000 daily.

well, i wasnt expecting to see the price above 33k but i definitely wasnt specting to see a dump during the conference...

Maybe I am not following. the price has been moving between 26000-32000 for the last week. I see no dump.

[1714099657]

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[1714099657]

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[1714099657]

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[Caladonian]

i'm not watching the conference, but what happened??? did they said something bad?
the buy order at poloniex is dying and the price dropping fast.

I dont think so. Its been a good day of conversations. I have not watched everything though. The price seems to be moving from 27000-30000 daily.

well, i wasnt expecting to see the price above 33k but i definitely wasnt specting to see a dump during the conference...

Maybe I am not following. the price has been moving between 26000-32000 for the last week. I see no dump.

yes indeed amp still in good shape still playing around that price and fluctuate from time to time so i dont see dump just a complete trading between holders and bagholders.

[poloniexwhale]

i'm not watching the conference, but what happened??? did they said something bad?
the buy order at poloniex is dying and the price dropping fast.

I dont think so. Its been a good day of conversations. I have not watched everything though. The price seems to be moving from 27000-30000 daily.

well, i wasnt expecting to see the price above 33k but i definitely wasnt specting to see a dump during the conference...

Maybe I am not following. the price has been moving between 26000-32000 for the last week. I see no dump.

25k-30k, to be more exact. It is fluctuating since September.

[Elokane]

i'm not watching the conference, but what happened??? did they said something bad?
the buy order at poloniex is dying and the price dropping fast.

I dont think so. Its been a good day of conversations. I have not watched everything though. The price seems to be moving from 27000-30000 daily.

well, i wasnt expecting to see the price above 33k but i definitely wasnt specting to see a dump during the conference...

The lowest price today was 9% lower than the highest. The lowest price, as well as the highest price, were lower and higher, respectively, just two days ago. Welcome to the exciting world of crypto.

The price is reflecting speculation around the amount sold on the first day and the related bonus as well as people's capacity to enjoy the size-related bonus nicely, as anticipated.

[luckygenough56]

Ping ya back in 1 year and we can check out the price of AMPs together.

Thanks for your constructive input.

Max amount of AMPs in the foreseeable future is 62.5M + 44M = 106.5M.

Source? If you can actually back that up with a legitimate source confirming that there are no plans to distribute the rest of the AMPs in the future, then it would actually address the concerns of many potential investors.

Let me save you some time. You can't back it up because the AMPs wouldn't have been created if there wasn't plans to distribute them in the future. I'm not psychic but I can foresee the effect that will have on the price.

The last I heard, the next crowdsale is 1.5 years after this one is finished.  The first crowdsale had ~400M AMPs for sale.  This crowdsale only has a MAX of 44M AMPs for sale.  I doubt any future crowdsale will have more than 44M AMPs for sale, imo most likely less, and they're all going to be spaced at least 1.5 years apart from one another.  Founders AMPs are locked up, and I seriously doubt they sell any significant portion any time soon.  The rest of the AMPs are allocated to bounties, content creators, and user signups.  None of these are going to result in a large dillution or any one person holding a large sum of AMPs.  The crowdsales are going to be the major source of new AMPs coming to market, and as seen from the announcement, not many are up for grabs.  The crowdsale AMPs are the funding source of Synereo, and they're not going to burn through them.  The plan for Synereo is a long term one.  Listen to the hangout sessions.  In the last hangout session, Greg is talking about his vision for Synereo ten years into the future.  Long term projects require long term funding.  Do the math.

Exactly, no source to confirm that the supply will not exceed 106.5M in the future because your claim was baseless. You have instead confirmed that the first inflationary event is imminent and that there are additional inflationary events planned, in the foreseeable future. Each of these events will negatively impact the price and investor sentiment. You have made my point for me, thank you.

Not to forget private sales directly via website.
Anyway best news for amp would be detroying most of that supply, 1.6 billion is retarded. I never saw a coin with 5% of supply on market and 95% in dev wallets. Hell imagine that after that crowdsale, we're at 100 millions on market, even if dev had 200 millions in wallet it would twice market but they have 1.5 billion haha. Please rewrite your supply plan. Yes you would have less units for funding but those units would have far more value, especially for such an anticipated project, we're talking about ethereum magnitude here. So all in all, u don't lose.

Just sharing my thoughts.

[hollandvan]

Ping ya back in 1 year and we can check out the price of AMPs together.

Thanks for your constructive input.

Max amount of AMPs in the foreseeable future is 62.5M + 44M = 106.5M.

Source? If you can actually back that up with a legitimate source confirming that there are no plans to distribute the rest of the AMPs in the future, then it would actually address the concerns of many potential investors.

Let me save you some time. You can't back it up because the AMPs wouldn't have been created if there wasn't plans to distribute them in the future. I'm not psychic but I can foresee the effect that will have on the price.

The last I heard, the next crowdsale is 1.5 years after this one is finished.  The first crowdsale had ~400M AMPs for sale.  This crowdsale only has a MAX of 44M AMPs for sale.  I doubt any future crowdsale will have more than 44M AMPs for sale, imo most likely less, and they're all going to be spaced at least 1.5 years apart from one another.  Founders AMPs are locked up, and I seriously doubt they sell any significant portion any time soon.  The rest of the AMPs are allocated to bounties, content creators, and user signups.  None of these are going to result in a large dillution or any one person holding a large sum of AMPs.  The crowdsales are going to be the major source of new AMPs coming to market, and as seen from the announcement, not many are up for grabs.  The crowdsale AMPs are the funding source of Synereo, and they're not going to burn through them.  The plan for Synereo is a long term one.  Listen to the hangout sessions.  In the last hangout session, Greg is talking about his vision for Synereo ten years into the future.  Long term projects require long term funding.  Do the math.

Exactly, no source to confirm that the supply will not exceed 106.5M in the future because your claim was baseless. You have instead confirmed that the first inflationary event is imminent and that there are additional inflationary events planned, in the foreseeable future. Each of these events will negatively impact the price and investor sentiment. You have made my point for me, thank you.

Not to forget private sales directly via website.
Anyway best news for amp would be detroying most of that supply, 1.6 billion is retarded. I never saw a coin with 5% of supply on market and 95% in dev wallets. Hell imagine that after that crowdsale, we're at 100 millions on market, even if dev had 200 millions in wallet it would twice market but they have 1.5 billion haha. Please rewrite your supply plan. Yes you would have less units for funding but those units would have far more value, especially for such an anticipated project, we're talking about ethereum magnitude here. So all in all, u don't lose.

Just sharing my thoughts.

dev will say this fud, i know them, they prove themselves as greedy bastard.

[Joint Force]

I was at the Synereo governance conference today. I didn't get the feeling that this was a scam. I think the way they're raising funds is brilliant compared to other coins. This coins massive treasury fund allows for so much growth. A decentralized social network is the most epic idea so it'll need all the growth it can get.

[Joint Force]

I was at the Synereo governance conference today. I didn't get the feeling that this was a scam. I think the way they're raising funds is brilliant compared to other coins. This coins massive treasury fund allows for so much growth. A decentralized social network is the most epic idea so it'll need all the growth it can get.

On Friday during #blocktalk Greg Meredith told Alex Sterk that Dor Konforty would be at the conference today. Dor Konforty wasn't there so that was a bit odd. Anyone know why Dor wasn't at the governance conference today?

[Elokane]

I was at the Synereo governance conference today. I didn't get the feeling that this was a scam. I think the way they're raising funds is brilliant compared to other coins. This coins massive treasury fund allows for so much growth. A decentralized social network is the most epic idea so it'll need all the growth it can get.

On Friday during #blocktalk Greg Meredith told Alex Sterk that Dor Konforty would be at the conference today. Dor Konforty wasn't there so that was a bit odd. Anyone know why Dor wasn't at the governance conference today?

Regretfully, I decided to stay at our Bay HQ at the last moment due to a pile of burning tasks pulling at me. This is a critical time and I have to be glued to the computer at all waking hours and through the weekend.
It's not easy, but it's worth it!

Apologies to anyone who was hoping to meet me. I'm sure there will be more opportunities! I'm also planning on visiting Vancouver after things calm down a bit soon after the sale, probably late October, to visit and work with our economist on the next steps of implementation for our attention economy. Ping me if you wanna have a beer.

[golfhuso]

So they say they will reveal their alpha this weekend. When?

[drawingthesun]

What is the max amount of AMP that can be in circulation?

Coinmarketcap says about 65 million in the market right now.

How much is being held by the company?

[revelacaogr]

Synereo live stream for the Vancouver Conference


https://www.youtube.com/watch?v=O-kaWx9_3WE

[olympicwinner]

What is the max amount of AMP that can be in circulation?

Coinmarketcap says about 65 million in the market right now.

How much is being held by the company?

1.5 billion 95% unsold, they will dump on us when need more money to have a sexual party with 20 call girls.  And all coins are all for ico, no campaigns like others, good greedy dev team.  

[drawingthesun]

What is the max amount of AMP that can be in circulation?

Coinmarketcap says about 65 million in the market right now.

How much is being held by the company?

1.5 billion 95% unsold, they will dump on us when need more money to have a sexual party with 20 call girls.  And all coins are all for ico, no campaigns like others, good greedy dev team.  

So Synereo/AMP is currently number 3 in market cap? $250,000,000....

[Ethertrader1]

What is the max amount of AMP that can be in circulation?

Coinmarketcap says about 65 million in the market right now.

How much is being held by the company?

1.5 billion 95% unsold, they will dump on us when need more money to have a sexual party with 20 call girls.  And all coins are all for ico, no campaigns like others, good greedy dev team.  

I believe the team will make a formal statement soon on the coins, or at least they should. Pretty funny though.

[Wexfgy12]

Is that video from Vancouver actually the Synereo platform/what it looks like?

When is the alpha available to public for testing?

[Synereo_zh]

You can see the live demo now. Afterwards the conference will conclude.

https://www.youtube.com/watch?v=dB7DwLri5Z4&feature=youtu.be

[Wexfgy12]

Thanks

[polick]

You can see the live demo now. Afterwards they are walking people to help stand up nodes.

https://www.youtube.com/watch?v=dB7DwLri5Z4&feature=youtu.be

Looks really nice for an Alpha! Pretty remarkable day for crypto. The first look at the worlds first fully decentralised network. Can't stamp the AMP. (Think I am borrowing this)

[Altty]

You can see the live demo now. Afterwards the conference will conclude.

https://www.youtube.com/watch?v=dB7DwLri5Z4&feature=youtu.be

Very cool! Big win team Synereo!