Let's say the price right now is $2.50.
At a market cap of $216M.
To reach a market cap of $1B at the same price per AMPL, at a rebase of 15% would require 11 days of the same rebase.
Tether's market cap around $9B would require 27 rebases.
If the price of AMPL stays at least $2.50 it can only do so at max 11 days ($1B MCAP) or 27 days ($9B MCAP).
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nigga just buy it and swing trade it.
no-swingies get the rope
math ass nigga
Well, if we look at it from another point of view, at 500M mcap it would take 72 days at 1% rebase (1.10) to reach 1B. Stop thinking of 3 days gains, and look a couple months in the future.
How do you swing it properly? I'm new to this so help me learn the ways of a swinger.
they give you a guideline for "fast traders" in the red book that's been working pretty well for me
Wait wait wait. You actually think that can't happen?
You must be a newfag. You weren't around for 500x runs like NEO or 100x runs like NANO were you... Unimaginable things are possible.
i think your gonna have a hard time bcuz of bots
ampleforth.org
but from my understanding is that ... right after the rebase (after the supply has been changed) there is a SMALL window (like 10mins) where the price has not followed the supply change. so before rebase AMPL $2 with 10mill supply. In this window after supply adjustments - AMPL =$2 but supply is 15 Million.
So you have a small window to sell and buy back lower. but your competing with whales and its damn near impossible - atleast on uniswap.
As I said, the $2.50 isn't sustainable, it drops to $1.10 in your scenario.
I have like 3000 AMPL btw, not tying to FUD.
>there is a SMALL window (like 10mins)
It was near instant last night
safe bet for a noob is to swing it right before the rebase tonight.
I almost decided to swing yesterday after the dip only because originally I was gonna swing but I missed the rebase and didn't sell soon after. I held instead and will be swinging this time.
This. Read it and decide tonight if you're in profit. Remember to always buy the dip.