You get 7612 AMPL
If you hold AMPL for 30 days with 7% interest rate
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could it keep up positive rebases for another month?
Yes. Clearly it could.
My guess is yes. 6000 wallets hold this. Lots of opportunity.
Is it too late?
Don't know but the smooth supply will avoid a insta-crash
Yes you are too late user, don't buy
Highly doubt it. As of today there is only 10m volume daily hardly enough to sustain daily rebases without dropping to 1$. Once marketcap hits 500m we’re heading to 1$ no more rebase unless the volumr spikes to 50-100m$ and there is content supply of new buyers
by the way the rate was well above 10% the last week
The positive rebases will continue for a very long time. There will be plenty of surges and slumps along the way, but again, price does not matter. This is going to be $1. It's just a matter of how many tokens you can connect between now and then that matters. And with returns that compound every single day, a modest stack will snowball.
Volume id nos enough to sustain the trend. Only 7k holders + 18m$ on uniswao. Definitely need more newcomers to buy up the surplus of coins printed daily. We’re going to 1$ next week for sure. Around 500m$
there is no coins "printed" daily that needs to be bought up
it's not like mining
Yes it does. That’s why upon rebase price drops automatically in uniswap unless there is new buyers to eat up that surplus
Positive rebases will continue until the end of the geyser in 83 days. After that, we'll see I guess
Yesterday for the first time 15% resulted in instant 20% drops and nobody came to buy to compensate the extra coins. Inexpect a drop to 2$ tonight post rebase.
>in uniswap
there is other exchanges. the price is just a last average on uniswap
great, place buys at 1.8 then and make it big ? What can go wrong ?
is there a way to tell if the rebase will be positive or negative?
dashboard, 30 minutes after rebase time
before, I am high sorry
Yes, math. Check their documentation and the dashboard on ampleforths website
so no way to know before? you can't calc the volume for the day and figure it out?
I've been doing some calculations on the telegram bot, even if this thing drops to $1.50 and stays there for a couple months the returns are absolutely astronomical.
It can't be feasible... Can it?
...
I don't know but I'm willing to take the risk. What telegram bot btw?
The power of compounding is amazing even in assets that return 5-10% per year, this is compounding on steroids and meth.
It just seems far too good to be true, despite all the experts and everyone else saying it isn't, haha
@ampl_roi_bot
nice seeing biz shilling classic ponzi schemes again
time is a circle
where are you doing this?
on a rebase does the price of the coin go down by the rebase rate?
whats the ponzi part? No need to lure in new buyers or stake
Fuck I just played around with this and am on track to be a millionaire in the next 35-75 days if the rebases continue between 5-10%... it can’t be this easy bros. My heart is beating so fast right now just thinking about it
I don't think the price would be able to sustain at that mc growth rate,.