Grandma: Sonny, who put more coins in my chest?
Grandson: Nobody did grandma since the first time Sonny gave those coins.
Grandma: That's funny, maybe Grandma's getting senile? Grandma remembered it was not full.
Grandson: Wait Grandma, let me check. Oh the price is above $1 for the whole week. You are not senile Grandma, you are supposed to have more coins now.
Grandma: Are you saying the coin multiplied by itself?! What kind of coin make babies?
Grandson: It is called Ampleforth Grandma. The price is above $1 which means more people demands more coins. So Lord Ampleforth supplied us more coins to sell to them Grandma!
Grandma: Then let's go to the market and sell to them Sonny!
Grandma: Sonny, did a thief broke into the house!?
Grandson: The security guard saw nobody entered the house Grandma.
Grandma: Then why are there less coins?
Grandson: let me check again. Oh, the price is below $1 which means there is too much coins and less people demands them. So Lord Ampleforth reduced our supply.
Grandma: Sonny! Will my coins disappear one day?!
Grandson: Don't worry Grandma, no matter how far the price drops, Lord Ampleforth will only take at most 10% each day (Rebase % = (((Oracle Rate - Price Target) / Price Target) * 100) / 10). For every 10 coins Grandma have, Lord Ampleforth will only take 1.
Grandma: Still, why is Lord Ampleforth so stingy?
Grandson: To create more scarcity Grandma so that people pays attention to it and demands will rise again!
Mirrors
- https://www.publish0x.com/0fajarpurnama0/grandma-is-shocked-by-the-multiplying-ampleforth-and-shocked-xjmogzk?a=4oeEw0Yb0B&tid=hive
- https://0darkking0.blogspot.com/2021/01/grandma-is-shocked-by-multiplying.html
- https://0fajarpurnama0.medium.com/grandma-is-shocked-by-the-multiplying-ampleforth-and-shocked-again-by-the-missing-ampleforth-38c3775b4ddc
- https://0fajarpurnama0.github.io/cryptocurrency/2021/01/09/grandma-ampl-shock
- https://hicc.cs.kumamoto-u.ac.jp/~fajar/cryptocurrency/grandma-ampl-shock
- https://0fajarpurnama0.wixsite.com/0fajarpurnama0/post/grandma-is-shocked-by-the-multiplying-ampleforth-and-shocked-again-by-the-missing-ampleforth
- http://0fajarpurnama0.weebly.com/blog/grandma-is-shocked-by-the-multiplying-ampleforth-and-shocked-again-by-the-missing-ampleforth
- https://0fajarpurnama0.cloudaccess.host/index.php/11-cryptocurrency/176-grandma-is-shocked-by-the-multiplying-ampleforth-and-shocked-again-by-the-missing-ampleforth
- https://read.cash/@FajarPurnama/grandma-is-shocked-by-the-multiplying-ampleforth-and-shocked-again-by-the-missing-ampleforth-d9258c37
- https://www.uptrennd.com/post-detail/grandma-is-shocked-by-the-multiplying-ampleforth-and-shocked-again-by-the-missing-ampleforth~ODQ3ODEy