discussion Anti-Social & Lurker - Hideout spot

[Indigo Vibes]

Idk what kind of black magic math did you use, but I just checked the internet calculator how much would you have after a year with 2% daily interest if you started with 1000 and it's around 8300 coins, not millions.

you calculated it for yearly, not daily

 

[Kernist]

It's not wrong. It adds up pretty quickly.
formula for A2 and further rows:
=FLOOR(A1*B$1)

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Ok, idk why 2 different websites gave me 2 different results. I calculated it myself and you are right (not with exact number because bank allows fractions of coins so after a year it would be 1350400 but yeah).

 

[Kernist]

you calculated it for yearly, not daily

Actually I switched interest to daily, I don't know why it gave the number I said earlier.

 

[Coffee]

Idk what kind of black magic math did you use, but I just checked the internet calculator how much would you have after a year with 2% daily interest if you started with 1000 and it's around 8300 coins, not millions.

It doesn't happen that much, we have moderation, yesterday I saw two weird threads that looked more like bots than real people trying to abuse the system. We probably will rework coin system but right now we focus on LU page and progress is very promising. Original coin system allowed coin trading, it was designed that way so the richest users could reward new people who made an effort. Sadly, the richest users were more concerned about hoarding coins and participating in some pointless "who is the richest" competition than helping people so whole idea collapsed. Sure, there was me, Guz, Mime and probably few others who were helping new users but it was not enough. Trading system started to do more evil than good and so it was scrapped. I would boost you a bit, I saw your P5 angel, I really liked it, you could contribute nicely to P5, but for now just keep climbing.

There is a major difference between "daily interest" and "compounded daily interest" like this site was. Daily interest is figured on a per annum rate, which would have been 730% for the year. This site started over each day. 2% + 2% + 2% 365 times a year. Real banks would never do this. So unless they were making 100,000 posts a day, this was how this happened. Now I need to get back to work and do some black magic. LOL!

 

[Kernist]

There is a major difference between "daily interest" and "compounded daily interest" like this site was. Daily interest is figured on a per annum rate, which would have been 730% for the year. This site started over each day. 2% + 2% + 2% 365 times a year. Real banks would never do this. So unless they were making 100,000 posts a day, this was how this happened. Now I need to get back to work and do some black magic. LOL!

Yes, you are right, that's it, after I translated "compounded interest" to my language that made sense.

 

[Indigo Vibes]

Actually I switched interest to daily, I don't know why it gave the number I said earlier.

more specifically, you have it set to calculate interest daily but the compound frequency is yearly.

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[KaySwitchPrime]

Well you managed it at last and can now rest and enjoy.
I did a quick check how long it would take me to get there with the current interest rate and 4k start capital.
Probably early 2028, if I'm not forgetting to collect interest every day at the same time (what I tend to do).

So, back to it

Agreed that it's slow as fuck with the new interest rate, but if you're serious about collecting interest daily, set a daily reminder. I may or may not have done this.

 

[highlrecommend]

It's not wrong. It adds up pretty quickly.
formula for A2 and further rows:
=FLOOR(A1*B$1)

You must be registered to see attachments

bank is giving 0.3% not 2%

 

[Kernist]

bank is giving 0.3% not 2%

You are out of the loop, we were talking about the past.

 

[Indigo Vibes]

bank is giving 0.3% not 2%

they know, we're talking about the old interest rate.

 

[KaySwitchPrime]

Where is Underlord?
Do you think Underlord likes underboobs?

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Um...who doesn't?

 

[highlrecommend]

You are out of the loop, we were talking about the past.

oh.
sorry, i was living in the present.

 

[highlrecommend]

Same here!

so i should just forget anything that has to do with reality on planet earth & just roll with it ?

I'll be rolling down hill because its quicker (hope physics is still the same)

 

[Kernist]

so i should just forget anything that has to do with reality on planet earth & just roll with it ?

I'll be rolling down hill because its quicker (hope physics is still the same)

You joined 3 days ago and you already have m+. It used to cost 750 AC, I think you have no reason to complain.

 

[Fishinground]

You joined 3 days ago and you already have m+. It used to cost 750 AC, I think you have no reason to complain.

Methinks they were commenting just to get coins - not really upset about anything

 

[highlrecommend]

You joined 3 days ago and you already have m+. It used to cost 750 AC, I think you have no reason to complain.

because the admin made a credit for 1000 coins + i want all the bling you have & i don't want to spend 12 hours a day for the next 20 years doing it
not one other site does this & I guess the mass exodus shows how "different" this is

edit: i also joined, got M+ and the search broke, no search, no finding game so, yabbering it is about super butt fungus

Methinks they were commenting just to get coins - not really upset about anything

this is a great idea, is there a debate section ??

 

[Indigo Vibes]

because the admin made a credit for 1000 coins + i want all the bling you have & i don't want to spend 12 hours a day for the next 20 years doing it
not one other site does this & I guess the mass exodus shows how "different" this is

if you don't like it, you don't have to be here

 

[Kernist]

Methinks they were commenting just to get coins - not really upset about anything

Ah no, I didn't say it because he seemed upset, I said it because I would say 3 days with such extensive activity is more than fair.

because the admin made a credit for 1000 coins + i want all the bling you have & i don't want to spend 12 hours a day for the next 20 years doing it
not one other site does this & I guess the mass exodus shows how "different" this is



this is a great idea, is there a debate section ??

"Mass exodus" isn't really mass, I can't tell you much but we gained more users than we lost.

 

[Kernist]

if you don't like it, you don't have to be here

There is no need for that, he is frustrated but as long as he gets why it is how it is there is no issue. P5 is for the best contributors, you can't get it in a week.

 

[highlrecommend]

Ah no, I didn't say it because he seemed upset, I said because I would say 3 days with such extensive activity is more than fair.


"Mass exodus" isn't really mass, I can't tell you much but we gained more users than we lost.

well others make it sound like everyone left & thats the reasoning for no one posting.
i'm new, i rely on the past users (see shawnchapp's post)

dam its quiet in here... weird.

if you don't like it, you don't have to be here

correct, yet I am & speaking to you about the reality of things.