Post
Topic
Board Marketplace (Altcoins)
Re: Ahead to Nu worlds! (liquidity provision for fun and profit, 9% monthly return)
by
BitcoinArbiter
on 31/05/2015, 16:21:07 UTC
from the numbers you provided wouldn't the return of investment be 3% per 24hrs not .3%? 1.00 investment, 24hr 0.03 return = 3%. If the three percent is the case then you could conceivably get a 100% return on investment within around 34 days.

Is this correct or am I missing something?

You are absolutely correct, my Maths is out by a factor of ten. I'll blame 'trying to do too many things at once' but colour me embarrased none the less.
For an investment of 1 BTC, you would receive 0.705 Nubits in 24 hours not 7.05 as previously stated.
Apologies for my misleading statement before, it really wasn't intentional.

No worries, thanks for the clarification.

So with these numbers, assuming all things remain the same, someone could expect a 100% return on investment for providing 1BTC of liquidity within a year. Not a bad investment at all, but of course there are risks. I'll be looking into this more, thank you for your post and information.