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RE: Why I am NOT buying AMP

in #steemit8 years ago

there is this weird situation where the price of AMPs in the "crowdsale" is higher than the average price on the exchanges. But actually they did it, to NOT influence the Price of the markets !
So they set their prices a little bit higher than the average price without any announcements. If you were able to participate in a settled time period you get a bonus of a fixed amount of Amps in terms of proportion.
To make this really profitable actually means you would have to invest more than 20k $ in very a short period of time .
So for the most people it would have been smarter to buy on the exchanges.
Actually you would be able to sell that AMPs right now. But if you invested in the Crowdsale i guess your money is locked up till the end of the sale ! !
very strange Funding campaign !
But this also means that those people who buy alot of AMPs in this Sale are not influencing the Price of theToken. which is in principle a smart move.

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I guess that is the point to make the investors have their money locked in and cant withdraw until they come up with their platform. This is a smart move from the side of the developers, but it makes them questionable as when the investors realize that their asset is really worth 15-20% less, they will get nervous.