/biz/ - Business & Finance

>>12417588
what

>>12417618
oh anon, you're never going to make it

/biz/ is literally puzzled by 3rd grade level math

>>12417618
You'll never make it, should I explain it to anon?

10% loss:
100*0.9 = 90%
Followed by a 10% win:
90*1.1 = 99%

>>12417588
No it's not.
It only becomes a loss if you sell.

>>12417636

This is Big Short level math. /biz/ Nobel Price when?

>>12417636
I am actually surprised to see someone able to do this calculation on /biz.

>>12417638
>buy house
>house burns down
>it's only a loss if you sell

>>12417652
kek

gonna keep it simple , a coin can only lose 100% but can go up more than 100%

got it brainlets?

>>12417588
Plus taxes

>>12417588
on the bright side, a 10% gain followed by a 10% loss is a net... FUCK IT'S STILL A LOSS

EVEN MATH IS AGAINST US IT'S OVER

Liberty, Freedom, and Mobility

https://youtu.be/FeNYjYA2lVg

>>12417685
LAST WEEK I HAD A 200% GAIN AND A 200% LOSS

>>12417618
>>12417626
>>12417627
Is it something to do with tax?

Because like... If I have $10 worth of Bitcoin, and it goes down 10% to become $9 worth. But ten regains 10% and is worth $10 again, haven't I come even?

Or will tax man get me some how?

I honestly don't understand. Please enlighten me, I'm a retard. Holding some heavy Verge coin bags.

>>12417714
>retard
see >>12417636

>>12417636
>>12417718
I still don't get it. Why does he times by 0.9?

>>12417714
$10 × 0.9 = $9.00
$9 × 1.1 = $9.90
$9.9 < $10

>>12417722
christ dude this is simple math. If you want 90% of something you do *0.9 and if you want 110% of something you do *1.1

>>12417714

>>12417722
Bait, middle schooler, or retarded. Which one is it?

>>12417724
Ohhhh

I kind of get it. But why is a 10% loss a *0.9 but the 10% gain is a *1.1

Why isn't 10% the same going up and down?

If Verge coin and some other shitcoins don't moon I'm going to lose my girlfriend, my home, and what little respect I have left from people in my life.

I need to learn this math

>>12417736
Even a middle schooler know this so
>retarded

>>12417714
check this out bud
we'll use a nice easy number like 5 for you so it doesn't get too hard to follow. If you increase 5 by 20% you get 6 right? But if you decrease 6 by 20% you get 4.8, which is less than your original starting number of 5. Not that you've learned this be sure to use this power wisely. (also mega kek at those verge bags wtf were you thinking boy?)

>>12417736
I'm 27 next month. So... retarded I guess. Feels pretty bad man.

>>12417744
If you aren’t baiting that’s really fucked up.

You multiply by 0.9 to get 90% of a value (10% loss), and you multiply by 1.1 to get 110% (10% gain).

This is bait, right?

>>12417743
i don't fucking understand this at all but you're not wrong. i don't fucking understand but now i know this trick at least i can use it. is it how calculators are programmed or some shit? if i do it on paper will it be the same as calculating the plus and minus of the percentage?

is 6 - 20% also 4.80 when you do it by hand? and 5 + 20% is 6 on paper as well?

>>12417708

>>12417757
oh sweet summer child

>>12417757
this is just how the world works idiot, its not a "trick". Losses just make more of an impact than gains retard

>>12417769
i don't fucking get this shit! fuck you and fuck your family. why the fuck does it change going backwards and forwards? this is fucking bullshit.

>>12417756

^^in reply to:
>>12417739

>>12417775
i suggest taking a middle school math class

>>12417757
If you lose 10% of something it becomes smaller. If you gain 10% of that amount it will be smaller than what you started out with.

Ex: 100/100 - 10/100 (10%) = 90/100
90/100 + 9/100 (9 is 10% of 90) = 99/100

>>12417775
Because you can go up unlimited but you can't go below 0, retard.

100% loss is the maximum. You can't lose 101%

You can gain 5000% though. How hard can it be?

>>12417782
>>12417783
>>12417785

i'm done you guys. thanks for trying to show me. i just can't make a circle of this. i'm a fucking idiot and i know it and it sucks.

just gonna hope and pray for verge to moon eoy 2019

this fucking thread is full of redditors

>>12417775
The 1.1 was used to calculate a 10% gain. 1 = 100%, so 0.1 =10%. We use 0.9 to find 10% loss because 1 = 100% and you subtract 0.1 from that.

>>12417775
Dude, 10% of something is 1/10 of something (0.1 of something, one tenth of something, ...)

So 10% of 1 is 0.1
10% of 2 is 0.2
...

10% loss on something means, you substract 10% from it.
So 10% loss on 1 means, you substract 0.1 from 1, so you get 0.9

10% gain on something means, you add 10% to it.
So 10% gain on 1 means, you add 0.1 to 1, so you get 1.1

But

10% gain on 0.9 means, you add 0.09 to 0.9, so you get 0.99

So if you have 10% loss on 1 you have 0.9, then if it's followed by 10% gain you have 0.99

And if you have 10% gain on 1 you have 1.1, then if it's followed by 10% loss you have 1.1 minus 0.11 = 0.99

It's just a result of how percentage is defined. The percentage of something depends on the value of that thing. When the thing changes, the value of the percentage changes.

>>12417588
Math is a scam

>>12417636
holy shit
how does this even make sense?

>>12417588
TFW you need %1000 to break even

>>12417714
>10% of $9 is $1

Fuck me, is it time to just leave /biz/

Literally surrounded by absolute braindead pieces of shit like this

A 99% loss followed by a 99% gain is still a 98% loss :)

>>12417714
Bobo will teach you fren.

THIS BOARD IS FULL OF RETARDS

>>12417867
you just don't need to be retarded american to understand this

>>12417886
ouch

>>12417757

>>12417862
It's literally keeping a black brother down. That's why I'm robbing whitey. Then it becomes even in the end.

>>12417714
They didn't teach you math in school?

>>12417636
big if true

>>12417757
For fuck sake. If you have 50 and lose 50%(half of 50) you end up with 25 right? Now if you gain +50%(half of 25) on the 25 you end up with 37.5

Daily reminder that a 10% gain followed by a 10% loss is still a net loss.

>>12418088
Only KEKS would accept it. Be a man and demand it. Fuck maths, jannies etc

Why the fuck are there people in this board right now that don't understand simple maths what the fuck.

>>12417618
>/biz/ - Business & Finance

>>12417739
10% of $10 is $1.
10% of $9 is $0.9.
Thus if the price goes down 10% and then goes up 10% it is less than before.
Just an example, when the price drops from 10k to 5k it went down 50%.
For it to go from 5k to 10k again it would need to go up by 100%.

>>12418111
This.

>>12417875
You buy Req?
Kek

>>12417588
lmao retard. if you take 10% of something and then add that 10% back you have exact same amount.

now go buy holochain and become future milionaire like me okay kiddo?

Daily reminder that a 10% win followed by a 10% loss is also still a net loss.

I smell greatest meme right know guys.
/biz/ can't math.
ahahahahahaha

>>12417710
Cringe, _SOY_ and CIA niggers

and that's how bitcoin has had a 1100%+ gain in 2017
because nobody fucking cares about %
you bought at 6k? at >6k you're in profit
sage

100 - 10% = 90
90 + 10% = 99

HOLY SHIT YOUR RIGHT

>>12420083
I understand the math just don’t understand where the one dollar went?

>>12417588

>>12420093
the jews stole it

>>12420102
This is so fucking confusing. Why the fuck

>>12417757
>6 - 20/100 = 4.8

>>12417714
how are you even allowed to walk freely. i did not even know it is possible to be this stupid

>>12417588
Not when you get 5.12% rewards yearly

>>12417618
>Start with $100
>10% Loss --> $90
>10% Gain --> $99

>>12417588
not if you sold before it had a 10% loss and then bought in again before it skyrocketed up 10%

>>12419440
Fuck you! we scored 99/100 in the 4chan per board IQ test.

>>12417714
>>12417739
>>12417722
>>12417744
>>12417757
>>12417775
>>12417805

>the absolute state of /biz/

Someone please screenshot this.

>>12417805
Dude I say this because I care: You might actually be mathematically illiterate. This is very simple math that you are unable to start learning if you're this far gone.

I implore you to get out of crypto and investment all together, or your loved ones will be the ones to suffer the consequences. You're out of your element.