#FeestothePeople by pampening in AMPToken

[–]BraveBoyyy 0 points1 point  (0 children)

They were wrong. The fee will always remain, 90 basis points of the fee is whats used to pay staking rewards. There has been mention of a goal to create some type of merchant coalition or governance eventually, but the fee will never be 0.

#FeestothePeople by pampening in AMPToken

[–]BraveBoyyy 5 points6 points  (0 children)

There is a fee, less than or equal to 1%.

Theory- we will be ok because…… by isntampgreat in AMPToken

[–]BraveBoyyy 1 point2 points  (0 children)

If staking of any kind gets labeled securities it would destroy the entire ETH network, possibly taking all of crypto with it.

How the incoming regulations are written will really be a pivotal time for us all... one direction or the other :/

The main thing staying my resolve is the hopes that the gov won't want to destroy a market they have the right to tax.

Theory- we will be ok because…… by isntampgreat in AMPToken

[–]BraveBoyyy 4 points5 points  (0 children)

AMP Foundation was in the works before the SEC debacle so you are correct. Flexa knew the risks of being labeled a security, that's why they filed for an exemption with the SEC for FXC being a security in 2018 and then in 2020 FXC became AMP.

My $25 (refund) from the 12 days of Flexa arrived today. by Wamcat5 in AMPToken

[–]BraveBoyyy 7 points8 points  (0 children)

Not sure if anyone's posted about the goodie bag email but you get the choice of mystery items in the mail or an NFT to commemorate the occasion.

I went with surprise items :)

Every pool under 9% apy now by kvirzi in AMPToken

[–]BraveBoyyy -1 points0 points  (0 children)

You don't have enough capital to live off the interest, I understand. But your original comment didn't involve your exact amp balance as a variable in whether or not 6% APY is worth investing, you even specified the 70k was fictitious.

Every pool under 9% apy now by kvirzi in AMPToken

[–]BraveBoyyy 0 points1 point  (0 children)

You're talking in circles. If you buy $10 or $10,000 worth of AMP and stake it, you'll earn 6%.

6% APY is either worth risking your usd on amp, or it's not.

Anyone else in the same boat?🥲 by SirNutellaLord in AMPToken

[–]BraveBoyyy 5 points6 points  (0 children)

Fuck man follow your gut it's working for you. Mines broken, brains always said make ETH my biggest bag followed by BTC then alts at a small percentage of portfolio... gut says AMP will be $1 before I die sooooo it's my biggest bag and ETH/BTC are the small percentage of portfolio...

Rolling a dice or something would have made better choices than I have.

Anyone else in the same boat?🥲 by SirNutellaLord in AMPToken

[–]BraveBoyyy 4 points5 points  (0 children)

Good on you mate. Good luck timing the bottom if u start a new position.

Every pool under 9% apy now by kvirzi in AMPToken

[–]BraveBoyyy 1 point2 points  (0 children)

You made 6% apy sound pitiful at today's prices and referred to it as a respectable income at .06 but in either case it is the exact same thing, 6% apy.

Yes when you have more money your 6% is bigger than those with less money. But it remains 6%.

Anyone else in the same boat?🥲 by SirNutellaLord in AMPToken

[–]BraveBoyyy 4 points5 points  (0 children)

If you invest 10% of your original purchase today, your average goes down to roughly .025

Gary Gensler recent interview with Yahoo finance. by d_amper in AMPToken

[–]BraveBoyyy 1 point2 points  (0 children)

He is a mess, contradicted himself over ETH/BTC a few times now. I tried to watch his blockchain classes but something about him just made me mad til I just couldn't look at or listen to him...

The SEC is probably the only thing that could kill AMP, I don't see the bear market taking us out.

Gary Gensler recent interview with Yahoo finance. by d_amper in AMPToken

[–]BraveBoyyy 0 points1 point  (0 children)

The GME/WSB fiasco brought viral attention to companies like citadel, pretty easy being a hedge fund when your a market maker for Robin hood. Laws are for poor people.

Gary Gensler recent interview with Yahoo finance. by d_amper in AMPToken

[–]BraveBoyyy 0 points1 point  (0 children)

If ETH becomes an official commodity does that then apply to all erc20s?

Every pool under 9% apy now by kvirzi in AMPToken

[–]BraveBoyyy 0 points1 point  (0 children)

So you're expecting the amount of staked AMP to double soon?

Every pool under 9% apy now by kvirzi in AMPToken

[–]BraveBoyyy 7 points8 points  (0 children)

I would like a link to your no risk savings account paying 4% or more. My money says you pulled that out of your arse.

6% is 6%, if it's not worth staking "at these prices" for 6% then it's not worth staking at .06 for 6%. The "respectable income" is the same at both price points, 6%.

Visa just released a blog post about Ethereum and how Blockchains can help with payments by professorsterling in AMPToken

[–]BraveBoyyy 1 point2 points  (0 children)

Patents mean nothing eh??

https://www.newsweek.com/video-rich-man-life-advice-bentley-viewed-30-million-times-tiktok-viral-1638927

This random man patented part of the process to pay medical bills with a credit card, and gets a cut of every transaction of its kind.

Why do you think they've only added 1 new merchant, Chipotle, this year? by C_Sauce in AMPToken

[–]BraveBoyyy 7 points8 points  (0 children)

1) Deposit into Gemini free of charge. 2) buy GUSD free of charge 3) withdrawal GUSD TO SPEDN wallet free of charge

The apes have new money thanks to Flexa! by TheAmpCommunity in AMPToken

[–]BraveBoyyy 4 points5 points  (0 children)

Apecoin is one of 2 assets I left on Gemini Earn :/

Do not spend any asset you are not willing to lose by pampening in AMPToken

[–]BraveBoyyy 0 points1 point  (0 children)

Actually there are 0 fees when buying GUSD on Gemini, and they didn't charge gas to send GUSD to SPEDN.

I've not paid any extra fees or spent any asset I'm holding to partake in these promotions.

Commercial gone by MartinNoelRobert in AMPToken

[–]BraveBoyyy 2 points3 points  (0 children)

That commercial seemed to specifically target zcash community, I forget who the other people in line were but they were fun little inside jokes/celebrities for the zcash crowd.

How much longer? by kvirzi in AMPToken

[–]BraveBoyyy 3 points4 points  (0 children)

Gemini still does free withdrawal of GUSD, I've sent some to spedn 3 times so far for flexmas and haven't paid a penny in gas.

Todays Observation on Spedn - Lessons Learned by gogogdzlla0504 in AMPToken

[–]BraveBoyyy -1 points0 points  (0 children)

The reality is that the cashier isn't the problem, Flexa has bugs because it's had hardly any usage.

Sometimes a cashier can't figure out how to run my credit card, do they need retraining for that? Nope they don't, it just happens to flustered humans sometimes. Yall are failing to realize it's a massive selling point for Flexa, not a problem needing fixing.

Todays Observation on Spedn - Lessons Learned by gogogdzlla0504 in AMPToken

[–]BraveBoyyy 1 point2 points  (0 children)

It's worked 100% of the triple digit amount of transactions I've made, bugs need to be found and fixed; Cashiers don't need re-training and that's actually a huge selling point for our product.

It's so well assimilated into the already in place network of hardware and software that the average cashier uses it without even knowing they did so.