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/biz/ - Business & Finance

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7521780 No.7521780 [Reply] [Original]

If you invest $1 and double it 100 times you end up with $1,267,650,600,228,229,401,496,703,205,376.

>> No.7521798

>>7521780
wow you so smart!
do you study applied math?
dude I'm so impressed!!!!!!!!!!!!!!!!!!!!!!

>> No.7521803

>>7521780
Whats the point of wasting a thread on this you brainfucked autist?

>> No.7522057

>>7521780
>what is liquidity
>what is slippage

To name just a few simple things

>> No.7522097

>>7521803
Huh?

>> No.7522104

>>7521780
na 1 dollar doubling 100 times is only 100 bucks anon. learn fucking basic math.

>> No.7522665

>>7521780
>Be at school
>Teacher: "Let me tell you guys about compounding!"
>Teacher: "Would you rather have a penny that doubles for 30 days or thousand dollars for everyday?"

Why the fuck do they always teach that?
What the fuck kind of assets double every day or even every year? Fucking always hated that "double a penny" example. At most, you get 10% per year from the S&P for the last 25 years.


>hur thur crypto doubles evry year
Not an asset. Speculation.

>> No.7522710

>>7522665
Actually I could double my Mining rig GPU counts every 6 month because they bring back their prices I started with 4 GPU and now have around 800+ without any external money (started mining 3.5 years ago or so and also Bitcoin price uptrend helped me a lot to upgrade my mining equipment)

>> No.7522725

>>7522665
All you have to do to become rich is break the first law of thermodynamics.
ez lambo