Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Experiment 10k | Stress Test Blockchain | Cloud Staking | GorillaStake.com
by
iGotSpots
on 16/02/2015, 16:04:24 UTC
Obviously it will go down since people are stupid. The point of the high interest rate is to battle that. Those of you that think it's not working do not properly understand compounding interest. Even if you are down 100% for several weeks, compounding soon takes over and puts you up several thousand percent. Start using percentages instead of dollars for your math and you guys will see your pennies grow to nickels in no time


Every trade has two sides. For every idiot selling at a stupid price is a buyer, understanding basic mathematic principles and one who can grasp compounding interest, getting an amazing deal