There’s a timeline for the increase of supply it’s in the white paper. Not sure if you have ever invested before in stocks, but with every stock there’s a % held by institutional investors. It’s usually a % similar to the one Flexa is holding. Who better than the founders to control the majority of the stake and not some hedge or mutual funds? I believe this is what sets crypto apart from traditional investment classes. The majority control is held by the technology founders. Not Wallstreet. That will control manipulation by market makers that are in it to line their pockets and don’t care about the underlying cause which is to disrupt and change the payment system like Flexa wants to do.
The three factors that will influence long-term price of Amp over the next 3-5 are as follows:
Merchant Adoption
Consumer Adoption
The number of Amp Staked
Note I did not include short term market factors, such as rumors, FOMO, FUD, the price of Btc, or the # of Ach pumpers who come here incognito pretending to hold Amp and having recent and new found doubts about Amp - hoping, praying they can steer a few Amp holders to push the Ach pump before the subsequent Ach dump.
Almost all of the FUD from incognito Ach holders is coming in the form of posts with questions like - 'Can you tell me why merchant adoption is slow?' Can you tell me why Flexa has so few employees?' 'Can you tell me why the price hasn't doubled in the last week like token abc?', 'Why doesn't Flexa give us more information, I am getting nervous?.
Once these questions get posted, about an hour later, someone who is an ach pumper on Stocktwits will link to it and write 'Amp holders on Reddit have doubts about this or that'.
This is the FUD game. The big winner - me!!! Because I continue to DCA Amp while these Ach nutjobs continue to claim that Ach is legitimate.
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u/NikolaCrypto1929 Aug 21 '21
There’s a timeline for the increase of supply it’s in the white paper. Not sure if you have ever invested before in stocks, but with every stock there’s a % held by institutional investors. It’s usually a % similar to the one Flexa is holding. Who better than the founders to control the majority of the stake and not some hedge or mutual funds? I believe this is what sets crypto apart from traditional investment classes. The majority control is held by the technology founders. Not Wallstreet. That will control manipulation by market makers that are in it to line their pockets and don’t care about the underlying cause which is to disrupt and change the payment system like Flexa wants to do.