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Re: GAW Miners Paybase Paycoin unofficial uncensored discussion.ALWAYS MAKE MONEY :)
by
Paul Revere
on 11/02/2015, 13:29:29 UTC
Even when some simple logic begins to take root on HT, the startling lack of math skills cripples their efforts to come to grips with the depth to which they have been Paycoined:
https://hashtalk.org/topic/31577/10-of-the-pre-mined-paycoin-put-on-loose/21
archive: https://archive.today/1IREt



Is this the "New Math"? Common Core in action?  Huh  It is early and I have not yet had my first cup of Joe, but I will attempt to solve this complex equation IN MY HEAD, without the use of the computer which all of us are sitting in front of (or holding).

We are trying to calculate 65% of 12,000,000. 10% of 12,000,000 = 1,200,000 half of that is 5%, so 600,000. Now, 6 x 10%(1,200,000) is 7,200,000 plus 5% (600,000) equals 7,800,000. Now that we have 65% of 12,000,000, I am juggling these extremely complex numbers in my head and it occurs to me that the "4,200,000" stated as 65% by the poster is actually the other 35% of 12,000,000. OK, for the final math I will deduce 10% of 7,800,000 by removing a zero and I arrive at 780,000. This number is quite a bit larger than the 420,000 coins that the poster was concerned about. Then you realize that there are currently 20 responses to this guys post and NOT ONE noticed the problem with his math, although some were quick to dissect the issue and soothingly say that this quantity of coins being dumped into the market could not possibly be a problem.

So, the problem discovered by this brainiac is actually a wee bit worse than he imagined. OK, math lesson is over Htr's! Back to your regular circle jerking and idol worship! Everything is fine, and don't worry about the fact that my price alarm just went off on BTCW to alert me of an XPY price crash to take a look!

P.S: The only response that came close to making actual sense in this thread was our intrepid Serious Investor:



Go Vladimir GO!! Cheesy  Grin