Where your hard-earned money comes to die. Home.
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AMB is a dread shitcoin, together with Dentacoin
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Date: April 25th, 2019 6:25 PM Author: contagious parlour Oh, and VEN is slowly dying (http://www.autoadmit.com/thread.php?thread_id=4248777&forum_id=7#38142613) |
Date: April 26th, 2019 3:52 PM Author: hyperventilating tanning salon coffee pot AMB is at 3.7 cents which I believe is an all time low
I lost $5k on this garbage which is my worst single investment ever
I truly believe this is joining DRGN in heading all the way to 0 |
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Date: April 26th, 2019 11:33 PM Author: contagious parlour Why is AMB a garbage project though? Why is it going down?
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Date: April 27th, 2019 10:35 AM Author: hyperventilating tanning salon coffee pot There are many reasons, although I've forgotten some of the details
They made a huge deal about hiring a chief marketing officer from Versace, Armani, can't remember the company but the dude left after two months after realizing what a shitshow it was
The founder is a complete asshole who can't accept any criticism and their reddit is constantly deleting comments
They had a huge announcement where they outlined their masternode structure and then we come to find out having the correct amount of AMB alone does not qualify you, it was how long you had owned the AMB and was ultimately up to the foundation to approve applications for masternodes
You can also get the gist by reading this
https://www.reddit.com/r/ambrosus/comments/b93koj/keep_calm_and_carry_on/ |
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Date: May 4th, 2019 11:24 AM Author: hyperventilating tanning salon coffee pot Currently at $.035, a new all time low
ICO price was THIRTY cents!
Really remarkable achievement. I hate this coin with such a passion. They don't even want people to talk about it, they delete so many comments on their reddit. |
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Date: May 4th, 2019 12:56 PM Author: grizzly odious queen of the night This piece of garbage is still priced higher than ICO? Clearly this market has a lot of pruning left to do (http://www.autoadmit.com/thread.php?thread_id=4248777&forum_id=7#38185976) |
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Date: May 4th, 2019 2:40 PM Author: hyperventilating tanning salon coffee pot No, read again (http://www.autoadmit.com/thread.php?thread_id=4248777&forum_id=7#38186515) |
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Date: May 5th, 2019 12:45 AM Author: contagious parlour lol, i made the same mistake. unbelievable.
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Date: May 5th, 2019 12:53 AM Author: grizzly odious queen of the night oh wow holy shit (http://www.autoadmit.com/thread.php?thread_id=4248777&forum_id=7#38188510) |
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Date: May 4th, 2019 3:02 PM Author: Charismatic azure forum most coins are zeros. invest/speculate accordingly. (http://www.autoadmit.com/thread.php?thread_id=4248777&forum_id=7#38186636) |
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Date: May 6th, 2019 11:36 PM Author: hyperventilating tanning salon coffee pot From reddit:
I noticed that the Ambrosus team didn't answer the second most upvoted question which related to the dev coins on Binance and instead chose to ignore the community's concerns about this.
The questions which the community wants answers to are as follows:
From my understanding the tokens in the dev fund were going to be used to fuel the AMB-Net ecosystem (client nodes, Ambrosus nodes and bundles); how is having most of these tokens in Binance (and potentially sold) helping the ecosystem? Is the Ambrosus incubator related with this fund?
If the tokens have been sold, what does the team has to say to say about the timing of this? The tokens were sold (potentially) near the all-time low and there are a lot of positive developments around the corner. Thus, why sell at such inconvenient time?
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Date: May 7th, 2019 12:04 PM Author: hyperventilating tanning salon coffee pot From reddit:
I found something remarkable with the two largest wallets of the amb token holder. Since about December 2018, there are regular transactions between these wallets and the binance 1 wallet. A large quantity of tokens are moved from the binance 6 wallet (i guess this is the cold wallet?) to the second largest wallet, and from there in smaller quantities on different days to the binance 1 wallet (I guess this is the binance hot wallet?). From the hot wallet on different days again various quantities of tokens are moved back to the binance cold wallet. You can see the wallets with all transactions on etherscan.
https://etherscan.io/token/tokenholderchart/0x4dc3643dbc642b72c158e7f3d2ff232df61cb6ce
Someone has an explanation about this fact? Price manipulation? Since this time the price dropped about 70% compared to btc.
20 days ago 53 million amb token were sent from the binance 6 wallet to the 2nd largest amb token wallet, from there amb token were sent to the binance 1 wallet. It looks like someone is constantly dumping amb token from the largest amb wallet. But there are also transactions back to the largest wallet.
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