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

[Caladonian]

i honestly think somebody is working very hard to keep that price low
some whales are running their own scheme it seems
not sure if for (to buy more eventually) or against (running scared as part of other Coin or project)  AMP but there is definately something going on  

(fine with me - good time to stock up)

let see if holding some coins will bring good earnings after next year as the project still in progress. good luck to us buds.

[Synereo_zh]

http://www.forbes.com/sites/jonathanchester/2016/11/04/how-blockchain-will-be-the-next-big-disruptive-force-in-media/3/#591300d84545

How Blockchain Will Be The Next Big Disruptive Force In Media

"Will Synereo be the next big thing?
Bitcoin has a big lead when it comes to a scalable and secure application for digital currency, payments and notarization services. Ethereum has first mover advantage in the decentralization application space, already showing the beginnings of a network effect. That being said, Ethereum has been having infrastructure issues recently, leaving room for potential new entrants to take the reins."

[NotMyFarm]

http://www.forbes.com/sites/jonathanchester/2016/11/04/how-blockchain-will-be-the-next-big-disruptive-force-in-media/3/#591300d84545

How Blockchain Will Be The Next Big Disruptive Force In Media

"Will Synereo be the next big thing?
Bitcoin has a big lead when it comes to a scalable and secure application for digital currency, payments and notarization services. Ethereum has first mover advantage in the decentralization application space, already showing the beginnings of a network effect. That being said, Ethereum has been having infrastructure issues recently, leaving room for potential new entrants to take the reins."

Well done
just saw this on forbes
u guys are really pulling some good PR
keep it up 

[DecentralizeEconomics]

http://www.forbes.com/sites/jonathanchester/2016/11/04/how-blockchain-will-be-the-next-big-disruptive-force-in-media/3/#591300d84545

How Blockchain Will Be The Next Big Disruptive Force In Media

"Will Synereo be the next big thing?
Bitcoin has a big lead when it comes to a scalable and secure application for digital currency, payments and notarization services. Ethereum has first mover advantage in the decentralization application space, already showing the beginnings of a network effect. That being said, Ethereum has been having infrastructure issues recently, leaving room for potential new entrants to take the reins."

Well done
just saw this on forbes
u guys are really pulling some good PR
keep it up 

CAN'T STAMP THE AMP!

[luckygenough56]

all this mess could have been avoided with a more reasonable ipo price and/or coin burn

how many did it cost to have 10 ridicule lines in forbes ?  

More code less pr !

i can't believe i've just said that

how many did it cost to pay the market maker to pump the price just before ipo in order to use the pumped price as the ipo price ?

[JoeyDaMan7]

Stupid coin. Inprofessional team not conforting investors

This is fucking ridiculous, market manipulation at its finest, walls were purposely set twice and crashed the price hard twice, screwing investors short and long term, At this rate AMPS peak will be 10,000 SATOSHI if that.

Can AMP respond to give some comfort for investors that bought at the crowdsale? I know the price may never see 30,000 again mabye we can suffer a 15% loss or 20% but at this rate this is absolutely scary. 50?!%

Given, that AMP is an amazing project and I do see massive potential but now we are rivaling with Zcash.

I flat out feel like I am going to vomit, Crypto Currency is starting to really show its true colors. To much manipulation, When you are developing a coin I believe its in your best interest to not screw over the initial investors making you who you are.

This is awful man. To much evil in this world.

Dear xtyling and CollegeKid,

I want to correct some misconceptions apparent in your posts.

1) The name of the project is Synereo, not AMP. AMPs are one part of the project, which is quite large in scope, only meant to serve a purpose in the technological tools and apps Synereo is creating.
2) People who have purchased AMPs are not investors, and AMPs do not hold within them any financial promise. This is clearly mentioned in our communications and was discussed in the terms and conditions of the sale that one had to approve of before participating in the sale.
3) Synereo's business is not providing comfort to people who have purchased AMPs, but rather to develop specific tools discussed in the roadmap we have presented prior to the sale, culminating in a basis for a decentralized economy and the creation of a functional dApp ecosystem.

Wow, then what would you call people that purchased AMPs?  Donators?  I have to give it you, this is one of the best orchestrated scam ICOs that I've ever seen to pump up the AMP price for the big dump.  The OP flat out admitting that AMPs have no value.  Well Done.

Ethereum said the same thing in their Terms and Conditions of their first Ether sale in July 2014. Starting out, Ether was being sold for $0.30 and we can now see that the price has increased 35x since then. You can also look back on their most popular thread on this forum, many people had their doubts. The people who bought Ether at the sale weren't able to use or exchange them for other crypto until it's launch in July 2015 and there were also delays on its release. Ether is inflationary in contrast to the AMP which there is a limited supply of.  Also, it is said to be using a "decentralized structure that loosely mimics the human brain" and "follows your behavior so your node can prioritize the information coming to you." I'd highly suggest that you all keep these AMPs, this startup has a lot of potential to be something huge in the "blockchain world".

"Ether is a product, NOT a security or investment offering. Ether is simply a token useful for paying transaction fees or building or purchasing decentralized application services on the Ethereum platform; it does not give you voting rights over anything, and we make no guarantees of its future value."

Yesterday from the BTTF site page: "We have been working with Synereo on the AMP bonuses which are all set to be paid early next week. You will receive the exact amount based upon when you invested. Details to follow next week when Synereo pay out the coins. Many Thanks."

[Diego24]

Ethereum said the same thing in their Terms and Conditions of their first Ether sale in July 2014. Starting out, Ether was being sold for $0.30 and we can now see that the price has increased 35x since then. You can also look back on their most popular thread on this forum, many people had their doubts. The people who bought Ether at the sale weren't able to use or exchange them for other crypto until it's launch in July 2015 and there were also delays on its release. Ether is inflationary in contrast to the AMP which there is a limited supply of.  Also, it is said to be using a "decentralized structure that loosely mimics the human brain" and "follows your behavior so your node can prioritize the information coming to you." I'd highly suggest that you all keep these AMPs, this startup has a lot of potential to be something huge in the "blockchain world".

"Ether is a product, NOT a security or investment offering. Ether is simply a token useful for paying transaction fees or building or purchasing decentralized application services on the Ethereum platform; it does not give you voting rights over anything, and we make no guarantees of its future value."

Yesterday from the BTTF site page: "We have been working with Synereo on the AMP bonuses which are all set to be paid early next week. You will receive the exact amount based upon when you invested. Details to follow next week when Synereo pay out the coins. Many Thanks."

There are always gonna be haters and complainers that have no patience. They will stop complaining once AMP goes x10-20, or they will cry that they sold all their amp with loss because of their shortterm vision.

[Altty]

Keep working team. The Forbes bit was great! Just wish I had some btc to buy up more AMP.

[Elokane]

all this mess could have been avoided with a more reasonable ipo price and/or coin burn

how many did it cost to have 10 ridicule lines in forbes ?  

More code less pr !

i can't believe i've just said that

how many did it cost to pay the market maker to pump the price just before ipo in order to use the pumped price as the ipo price ?

http://www.forbes.com/sites/jonathanchester/2016/11/04/how-blockchain-will-be-the-next-big-disruptive-force-in-media/3/#1ec07a7a4545

The journalist's name is Jonathan Chester. http://www.forbes.com/sites/jonathanchester/#504fe95d2001

Feel free to ask him whether or not he was paid to write this.

[DecentralizeEconomics]

Why is the price still at ~15k sats?  I thought you AMP holders could do better than this... I thought the price would be at least 9k by now... maybe even 5k.  Srsly bros...  I mean it's only Forbes.  Nobody reads that, do they?

[Revelations86]

The scam artist is pumping up the price and then tanks it 30-40% causing people to shortsell.  Pumps it up again and then tanks it.  

Two ways to avoid this ever-present manipulation:
1) Stay out of the token market (and all speculative places to put your money),
2) Buy & hold.

The only people who get burned generally are those who cannot afford to be in speculative markets with their non-disposable income, and are forced to sell because they took short term positions with next week's grocery money, or next month's rent.

The idea of Synereo being behind such behavior is absurd, and baseless.

You should focus your complaints toward the exchanges that permit this kind of behavior (and they are usually in the unique position to profit from this, regardless of the direction of manipulation).  Getting away from Centralized entities with single points of control clearly needs to be done in the crypto trading industry as well as all others.

First of all, money is money irrespective of whether its disposable or not.  The decision to sell is not only based on need.  Many people sold their AMPs because they see clear price manipulation going on which tarnishes the credibility of the project.  Why would I as an investor put my money into something I know is 100% being manipulated (and considering this is your project whose reputation is being tarnished, perhaps, you should be the one focusing the complaints to the exchange).  

Secondly, there are a lot of red flags around the manipulation going on because it A) Requires a huge amount of both BTC and AMPs to orchestrate,  B) Seems to be only targeting AMPs and 3) Coincidentally occurs right after the ICO is over. I f we were to compare these behavior to another speculative type of investment, penny stocks, the culprit is 99% someone from the inside.

Also given how Elokane chose to respond to the ICO investors who just funded his whole project and had legitimate concerns, Choosing to default into the scripted Legal Cover Your Ass statement and throwing them under the bus, indicates how much these "donators" are actually valued by the Synereo team and casts further doubt on the individuals behind the project.  


The last thing to point out is very soon, there are going to a whole bunch of pissed off ICO investors that will be getting their AMPs.  I'm sure some will hold, but there will also be many that will dump it all.   Given the clear 100% price manipulation going on (meaning the current price is artificially derived by a single source and not really set by the market), the red flags as to who the source is, and the looming increase in supply of AMPs which will get dumped,  it makes sense to avoid AMPs like the plague.

[DecentralizeEconomics]

The scam artist is pumping up the price and then tanks it 30-40% causing people to shortsell.  Pumps it up again and then tanks it.  

Two ways to avoid this ever-present manipulation:
1) Stay out of the token market (and all speculative places to put your money),
2) Buy & hold.

The only people who get burned generally are those who cannot afford to be in speculative markets with their non-disposable income, and are forced to sell because they took short term positions with next week's grocery money, or next month's rent.

The idea of Synereo being behind such behavior is absurd, and baseless.

You should focus your complaints toward the exchanges that permit this kind of behavior (and they are usually in the unique position to profit from this, regardless of the direction of manipulation).  Getting away from Centralized entities with single points of control clearly needs to be done in the crypto trading industry as well as all others.

First of all, money is money irrespective of whether its disposable or not.  The decision to sell is not only based on need.  Many people sold their AMPs because they see clear price manipulation going on which tarnishes the credibility of the project.  Why would I as an investor put my money into something I know is 100% being manipulated (and considering this is your project whose reputation is being tarnished, perhaps, you should be the one focusing the complaints to the exchange).  

Secondly, there are a lot of red flags around the manipulation going on because it A) Requires a huge amount of both BTC and AMPs to orchestrate,  B) Seems to be only targeting AMPs and 3) Coincidentally occurs right after the ICO is over. I f we were to compare these behavior to another speculative type of investment, penny stocks, the culprit is 99% someone from the inside.

Also given how Elokane chose to respond to the ICO investors who just funded his whole project and had legitimate concerns, Choosing to default into the scripted Legal Cover Your Ass statement and throwing them under the bus, indicates how much these "donators" are actually valued by the Synereo team and casts further doubt on the individuals behind the project.  


The last thing to point out is very soon, there are going to a whole bunch of pissed off ICO investors that will be getting their AMPs.  I'm sure some will hold, but there will also be many that will dump it all.   Given the clear 100% price manipulation going on (meaning the current price is artificially derived by a single source and not really set by the market), the red flags as to who the source is, and the looming increase in supply of AMPs which will get dumped,  it makes sense to avoid AMPs like the plague.

That's more like it.  I knew I could count on you.  Good job.

Send me a message and we'll coordinate our buy orders on Polo.  I bet we can really clean up if we work together.

[dygus]

The scam artist is pumping up the price and then tanks it 30-40% causing people to shortsell.  Pumps it up again and then tanks it.  

Two ways to avoid this ever-present manipulation:
1) Stay out of the token market (and all speculative places to put your money),
2) Buy & hold.

The only people who get burned generally are those who cannot afford to be in speculative markets with their non-disposable income, and are forced to sell because they took short term positions with next week's grocery money, or next month's rent.

The idea of Synereo being behind such behavior is absurd, and baseless.

You should focus your complaints toward the exchanges that permit this kind of behavior (and they are usually in the unique position to profit from this, regardless of the direction of manipulation).  Getting away from Centralized entities with single points of control clearly needs to be done in the crypto trading industry as well as all others.

First of all, money is money irrespective of whether its disposable or not.  The decision to sell is not only based on need.  Many people sold their AMPs because they see clear price manipulation going on which tarnishes the credibility of the project.  Why would I as an investor put my money into something I know is 100% being manipulated (and considering this is your project whose reputation is being tarnished, perhaps, you should be the one focusing the complaints to the exchange).  

Secondly, there are a lot of red flags around the manipulation going on because it A) Requires a huge amount of both BTC and AMPs to orchestrate,  B) Seems to be only targeting AMPs and 3) Coincidentally occurs right after the ICO is over. I f we were to compare these behavior to another speculative type of investment, penny stocks, the culprit is 99% someone from the inside.

Also given how Elokane chose to respond to the ICO investors who just funded his whole project and had legitimate concerns, Choosing to default into the scripted Legal Cover Your Ass statement and throwing them under the bus, indicates how much these "donators" are actually valued by the Synereo team and casts further doubt on the individuals behind the project.  


The last thing to point out is very soon, there are going to a whole bunch of pissed off ICO investors that will be getting their AMPs.  I'm sure some will hold, but there will also be many that will dump it all.   Given the clear 100% price manipulation going on (meaning the current price is artificially derived by a single source and not really set by the market), the red flags as to who the source is, and the looming increase in supply of AMPs which will get dumped,  it makes sense to avoid AMPs like the plague.

You're 100% right. If you invest in any project and and it's dumped right after the end of ICO from 33k to 8k, that means it's a shit.

[Altty]

all this mess could have been avoided with a more reasonable ipo price and/or coin burn

how many did it cost to have 10 ridicule lines in forbes ?  

More code less pr !

i can't believe i've just said that

how many did it cost to pay the market maker to pump the price just before ipo in order to use the pumped price as the ipo price ?

http://www.forbes.com/sites/jonathanchester/2016/11/04/how-blockchain-will-be-the-next-big-disruptive-force-in-media/3/#1ec07a7a4545

The journalist's name is Jonathan Chester. http://www.forbes.com/sites/jonathanchester/#504fe95d2001

Feel free to ask him whether or not he was paid to write this.

Do not worry Dor. I guess people cannot believe that Forbes would cover world changing technologies without being a shill.

Keep up the good work Synereo.

[jacaf01]

The scam artist is pumping up the price and then tanks it 30-40% causing people to shortsell.  Pumps it up again and then tanks it.  

Two ways to avoid this ever-present manipulation:
1) Stay out of the token market (and all speculative places to put your money),
2) Buy & hold.

The only people who get burned generally are those who cannot afford to be in speculative markets with their non-disposable income, and are forced to sell because they took short term positions with next week's grocery money, or next month's rent.

The idea of Synereo being behind such behavior is absurd, and baseless.

You should focus your complaints toward the exchanges that permit this kind of behavior (and they are usually in the unique position to profit from this, regardless of the direction of manipulation).  Getting away from Centralized entities with single points of control clearly needs to be done in the crypto trading industry as well as all others.

First of all, money is money irrespective of whether its disposable or not.  The decision to sell is not only based on need.  Many people sold their AMPs because they see clear price manipulation going on which tarnishes the credibility of the project.  Why would I as an investor put my money into something I know is 100% being manipulated (and considering this is your project whose reputation is being tarnished, perhaps, you should be the one focusing the complaints to the exchange).  

Secondly, there are a lot of red flags around the manipulation going on because it A) Requires a huge amount of both BTC and AMPs to orchestrate,  B) Seems to be only targeting AMPs and 3) Coincidentally occurs right after the ICO is over. I f we were to compare these behavior to another speculative type of investment, penny stocks, the culprit is 99% someone from the inside.

Also given how Elokane chose to respond to the ICO investors who just funded his whole project and had legitimate concerns, Choosing to default into the scripted Legal Cover Your Ass statement and throwing them under the bus, indicates how much these "donators" are actually valued by the Synereo team and casts further doubt on the individuals behind the project.  


The last thing to point out is very soon, there are going to a whole bunch of pissed off ICO investors that will be getting their AMPs.  I'm sure some will hold, but there will also be many that will dump it all.   Given the clear 100% price manipulation going on (meaning the current price is artificially derived by a single source and not really set by the market), the red flags as to who the source is, and the looming increase in supply of AMPs which will get dumped,  it makes sense to avoid AMPs like the plague.


 

I thought I was the only one suspecting foul play here, the price manipulation in Synereo is bad for business, I guess the developers made a very wrong decision to allow the tokens to be traded during the ICO, trade should have been suspended till the end of distribution of the ICO tokens, the inflated tokens entering the market is going to crash the price further. For me, it is a good lesson learnt I won't participate in any RICO tokens again

[Diego24]

Oh look. Some people just figured out that the crypto markets are being manipulated 

[jvper]

Oh look. Some people just figured out that the crypto markets are being manipulated 

Amazing! Indeed!

From 33k to 10k? This coin is sh*t. Sell!
Then it surges to 17k. Oh, wait, it is now good, buy!

Keep interpreting this way and you are good. Not!

[DecentralizeEconomics]

I thought I was the only one suspecting foul play here, the price manipulation in Synereo is bad for business, I guess the developers made a very wrong decision to allow the tokens to be traded during the ICO, trade should have been suspended till the end of distribution of the ICO tokens, the inflated tokens entering the market is going to crash the price further. For me, it is a good lesson learnt I won't participate in any RICO tokens again

That's right... restricting free trade will "fix" everything.   

[wosch76]

Blockchain Startup Synereo Threatens Monopoly of Ethereum as Major DApps Host

https://cointelegraph.com/news/blockchain-startup-synereo-threatens-monopoly-of-ethereum-as-major-dapps-host

prices will go up soon

[CryptoBillboard]

Blockchain Startup Synereo Threatens Monopoly of Ethereum as Major DApps Host

https://cointelegraph.com/news/blockchain-startup-synereo-threatens-monopoly-of-ethereum-as-major-dapps-host

Synereo GO GO GO!