Bitcoin Forum
January 23, 2017, 02:54:45 PM *
News: Latest stable version of Bitcoin Core: 0.13.2  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Let me know if my equation is correct please!  (Read 794 times)
tuckerlee
Jr. Member
*
Offline Offline

Activity: 56


View Profile
September 18, 2011, 08:44:10 PM
 #1

Alright so
X= Original Purchase Price
Y= Current Price
X-(fee%)1.2+Y=gain%
Couldn't you use this with say, $100 initial and small investments adjusted by fee% to achieve the gain you want. If i'm correct the faster you want a payout the smaller it will be, then you repeat with the same X and you would have 0% loss with an adjustable gain. Let me know what you think.

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
PatrickHarnett
Hero Member
*****
Offline Offline

Activity: 518



View Profile
September 18, 2011, 08:48:50 PM
 #2

wouldn't you want something like  [Y / (X * (1 + fee%))] -1 = gain%
tuckerlee
Jr. Member
*
Offline Offline

Activity: 56


View Profile
September 18, 2011, 09:03:26 PM
 #3

Could you explain your work please? Im getting a gain of 1.26% at 0.03 fee? (X=4.9, Y=5.12), which would work but I'm not seeing how it would effect outcome differently.

PatrickHarnett
Hero Member
*****
Offline Offline

Activity: 518



View Profile
September 18, 2011, 09:22:32 PM
 #4

 (5.12 / (4.9 *(1+0.03))) -1 = 1.45%

current price = 5.12
buy price = 4.9 *(1+0.03) = 5.05
difference is 0.07 or 1.45%

Of course, if you are paying 3% of the sale price, then 5.12 * (1- 0.03) = 4.966 received and there is a loss of 1.6%  (4.966 / 5/05).
tuckerlee
Jr. Member
*
Offline Offline

Activity: 56


View Profile
September 19, 2011, 06:40:49 AM
 #5

I hate to ask but how did you get the percentage from 0.07/ Last question, I swear ha

PatrickHarnett
Hero Member
*****
Offline Offline

Activity: 518



View Profile
September 19, 2011, 07:36:57 PM
 #6

it's rounding
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!