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Author Topic: ugh. . .stop saying that something lost +100% that is impossible.  (Read 1036 times)
remistevens
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March 06, 2014, 01:39:24 PM
 #1

Sorry, just venting. People going on about how their investment lost 200%, 300% yesterday/today etc. . .

Folks. If the price chopped in half today, it went down 50%. If it returns to the same price tomorrow, then it gained 100%. I know its harder to keep track of but. . .
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March 06, 2014, 03:10:50 PM
 #2

I know it's not possible but I use those numbers too, it's easier to count  Grin

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Ibian
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March 06, 2014, 03:11:37 PM
 #3

But... maff

Look inside yourself, and you will see that you are the bubble.
RedGolpe
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March 06, 2014, 03:29:21 PM
 #4

If i invest a dollar today and lose it, then invest another dollar tomorrow and lose it, I can assure I lost exactly 200% of one dollar Cheesy
ShroomsKit_Disgrace
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March 06, 2014, 03:59:02 PM
 #5

How can you be talking about these trifles when we know now that Bitcoin is broken due to the discovery of Satoshi???
ionbit2
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March 06, 2014, 04:12:55 PM
 #6

If i invest a dollar today and lose it, then invest another dollar tomorrow and lose it, I can assure I lost exactly 200% of one dollar Cheesy

Only if you're really bad at maths. Total invested $2. Total lost $2. Total loss 100%. Easy really Smiley
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March 06, 2014, 08:37:46 PM
 #7

leverage
RedGolpe
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March 06, 2014, 10:29:31 PM
 #8

I lost exactly 200% of one dollar Cheesy
Total invested $2. Total lost $2. Total loss 100%.
Both statements are true, and someone doesn't takes smileys seriously.
theonewhowaskazu
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March 07, 2014, 01:28:17 AM
 #9

Its possible to lose more than 100% if you go into debt.

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