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/biz/ - Business & Finance

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[ERROR] No.9094335 [Reply] [Original]

/biz/, would you rather receive $1 million every day for a year, or a penny that doubled in value every day over a year?

>> No.9094353

>>9094335
>not accepting grains of rice

the absolute state of biz

>> No.9094356

>>9094353
stole my post faggot

>> No.9094362

The former, obv. A penny that doubled daily would earn me a whole 365¢ per year. Great!

>> No.9094367

>>9094362
this. op u fucking asshole

>> No.9094368

>>9094335
How much is that in bitcoin

>> No.9094393

>>9094335
Meh.

>> No.9094406

>>9094353
kek, the madman

>> No.9094566

>>9094362
>>9094367
Brainlet.jpg

>> No.9094598

>>9094335

1 million i would buy a lambo and a house for my parents and go on vacation as wlel

>> No.9094648

fucking hell, the state of biz
>>9094362
>>9094367
>>9094598

the penny doubles in value EVERY DAY

to make it simple for you fucks,go get your fisher price calculator and do 1 x 2 then press the = button 365 times. retards.

>> No.9094663

>>9094335
You mean a penny on day one, two pennies on day two, four pennies on day three, eight pennies on day four, and so on? Then the second one obviously.

>> No.9094697

>>9094663
is reading comprehension that hard? he clearly says the penny doubles in value, there is no mention of multiple pennies or double the amount of pennies. A single penny that doubles in value.

>> No.9094715

Anyone who chooses the first choice needs to be banned from biz for eternity

>> No.9094720

>>9094697
thank you for getting angry at him so i didnt have to

>> No.9094730

>>9094697
>>9094663
>>9094648

you guys are stupid niggers, if you got double the penny every day who the fuck would take trillions of pennies?

>> No.9094734

2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2x2

>> No.9094745

>>9094730
oh look, another retarded person. who's talking about multiple pennies? no one

>> No.9094774

>>9094745

also not to mention that trillions of dollars entering the global economy daily would absolutely destroy it, making your money worthless as governments print another currency

>> No.9094796

>>9094697
This is a classic kid's riddle, you moron. OP just messed up telling it. Which one is greater? 365*1,000,000 or 2^365? Jesus...

>> No.9094808

>>9094335
But OP I can't carry that many pennies

>> No.9094817

>>9094335
I don't think anyone would buy a penny worth $2.96427748e77

>> No.9094839

>>9094774
nope. inflation also requires an increase in the velocity of money, not simply the creation of additional currency. one person gaining immense wealth and not circulating it will not destroy anything. we've seen this all too well as central banks and their quantitative easing, yet inflation is the goal as they fight deflationary pressures.

you're not doing so well tonight.

>> No.9094846

365000000
or
7.515336264876x10^109

I wonder

>> No.9094874
File: 20 KB, 353x248, 1517648070437.jpg [View same] [iqdb] [saucenao] [google]
[ERROR]

1x2 = 2.
1x2 every day for 365 days = 730 cents a year.

>> No.9094878

>>9094808
OP didnt mention multiple pennies, only value

>>9094817
this could be a valid argument against it, although it could be offered as collateral against an extremely large loan that could purchase low risk assets (treasury bonds, etc.)

>> No.9094879

>>9094335
$1 million every day, because the other option would amount to more than the number of atoms in the entire universe, which is physically impossible.

>> No.9094885

whats with these copy pasta threads, what are they hiding?! saged an dhidden fuck you OP

>> No.9094891

>>9094335
You fucked the wording up mate.

What you are describing is one penny doubling in value every day.

If it doubled in value, it would no longer be a penny, thus concluding that the penny just duplicates itself every day.

>> No.9094898

1 million per day,
How the fuck are you going to buy something with a doubling penny you retards?

You can never trade it for anything useful because then you lose it. You would be infinitely rich but in reality you cant spend any of it.

>> No.9094915

>>9094891
it's almost as if OP intentionally made the statement vague and ambiguous to encourage debate based on individual perspectives

>> No.9094929

>>9094335
Does anyone know the penny is worth twice as much? If I tried to buy anything with my trillion dollar penny, wouldn't everyone just think it was a normal penny and just laugh at me?

>> No.9094952

>>9094335
All I know is I want to engage in coitus and breed with this female

>> No.9094956

>you will never be loved by a 10/10 Stacy

What's a painless way to kill myself?

>> No.9094961
File: 27 KB, 399x385, l04he.jpg [View same] [iqdb] [saucenao] [google]
[ERROR]

>>9094929

>> No.9094980

>>9094929
Yes it doubles in Artistic value

>> No.9094991
File: 117 KB, 393x580, 45234352.png [View same] [iqdb] [saucenao] [google]
[ERROR]

>>9094335
It won't matter. The penny has to keep doubling at a rate greater than the money the government is printing. we fuced. black swan. may. prepare.

>> No.9095170

> penny doubles in value every day over a year

So basically it's like a non-divisible stock that doubles in value everyday? And since it's money, it's liquid and you can cash it out anytime?

I'd wait the entire year to pass (when the doubling ability stops) then cash it out (doing it any earlier is stupid, because you lose the whole penny, and the new owner gets to keep all the remaining payouts until the year when the ability expires is over).

Does it even count as a "penny" in that case, since it's no longer worth $0.01? It's basically just "a really valuable coin".

>> No.9095208

>>9094335
The penny obviously
2^356

>> No.9095214

>>9094335
I'd take the penny and wait for the quadrillion ton heap of pennies that splits the planet in half.

>> No.9095318

>>9094874
6/10 bait

>> No.9095377

1000000*365 > (new Array(365)).fill(null).reduce((acc) => acc*2, 1) / 100

365000000 > 7.515336264876266e+107
>false

I'll take the penny

>> No.9095382

>>9094335

By the 129th day you would have more pennies than atoms in the visible universe so the penny route, obviously.

>> No.9095411

>>9094335
Who the fuck would buy my penny? It's like trying to sell 9999999999999999999999999999999999999999999999999999999999999999999999 Monero Gold tokens. Even super rare coins are only worth a few million dollars.

>> No.9096015
File: 107 KB, 880x495, deafpeople.jpg [View same] [iqdb] [saucenao] [google]
[ERROR]

>>9094335

>one post by this stupid ID about a problem we learned in middle school getting all these fucking replies

the absolute state

>> No.9096050

>>9094335

Oh fuck off OP, with your highschool math brainlet teaser. Sage.

>> No.9096061

>>9094335
i'll just take the 365 million, couldn't care less if you prove to me the penny was a better choice

>> No.9096146

>>9094335
The million because where the fuck am I going to store these pennies and how do I exchange them? There would be city sized piles of pennies showing up after a few years and it would cause many deaths and eventually it would consume the entire planet. Fucking brainlets how could you choose that option?

>> No.9096193

>>9094929
topbp

>> No.9096194

>>9094335
Give me 500,000 link, it'll be worth more than either eoy.

>> No.9096211

>>9094335
a million every day. all i need is one day and ill be happy

>> No.9096298

>>9094796
Either way you'd be fucking rich though.

>> No.9096320

>>9094335
I take the $1 million daily
Why?
If i get expoential pennies I will end up with 3.757668e^109 of pennies and cause mass deaths, terraform our earth and create total chaos with exponentially growing heavy metal landmass. My pennies would cause endless terror and disruption to the world and certaintly pennies would have no value as global economic systems would collapse and anybody could come and grab from my alkaloid killing machine.
If on the other hand it is just one penny that doubles in value while remaining just one penny it is immediately not considered legal tender and I could spend this penny nowhere unless the government of some legal force ensured it had any value it would be swiftly taken away from me through violence. Still no realistic payments could be made.
Brainlets take pennies.

>> No.9096349

>>9094335

$1 million that doubles in value every day

>> No.9096469

>>9094335
1 million a day lol you virgins and your compounding.

>> No.9096471

>>9094648
Poor wording. Effect you seek only exists in scenario where every created penny has the same property of doubling.

>> No.9096571

>>9094648
1 penny doubling each day means one free oenny each day. Nobody said the total amount of pennies doubles, you assjack.

>> No.9096630

>>9094335
I'd just like to stop hating myself.

>> No.9097635

>>9094335
You guys are all fucking brainlets especially this faggot >>9094362 . I'd still just take the 1 million up front and start a business.

>> No.9097669

I'll take the universe ending penny please

>> No.9097704

you fucking brainlets. If I have a penny that doubles every day doubles, then I have two pennies that double every day.

>> No.9097719

>>9094368
113.31 Everyday for a year or 0.00000113 that doubles everyday