Quote from: Videlicet on January 29, 2015, 04:34:08 AM

Quote from: iGotSpots on January 29, 2015, 02:45:01 AM

Quote from: vegasguy on January 29, 2015, 02:22:23 AM

Quote from: istvandv on January 29, 2015, 02:01:40 AM

Quote from: forbesmining on January 28, 2015, 10:46:42 PM

As for coin supply ---> "moneysupply" : 21072 This amount times 2015% equals 424,600 one year from now...how are ppl coming up with billions? Please, Rainman or somebody, help me understand the math Huh

try this daily compounding website:
http://compoundaily.com/

initial amount = 21072
daily interest rate = 4%
lenght of term = 365
daily reinvest rate = 100%
exclude weekends = no

calculate now!
result after 365 days = 34,743,594,809.21

The most powerful force in the universe is compound interest Albert Einstein

Until they realize value is obliterated in interest. Fractional Reserve Banking anyone, it makes the rich richer Wink

And then we think,
Viz.

Except in this case, everyone has a fair shot to get in to a proven to work system