Post
Topic
Board Investor-based games
Re: btc-arbs.com - Daily ROI (0.01-10%) Update: Unauthorized withdrawal+site is dead
by
cesmak
on 18/04/2014, 06:25:27 UTC

For each day:
       # yesterday's balance + (yesterday's balance * interest)
       # example:
              balance = 1.234
              interest = 0.023
              new balance = (1.234 +( 1.234 * 0.023)) = 1.262382
              if there are new deposits add into new balance here.
Next day


I have done simmilar calculations and figured out that you have from the earnings probably also to withdraw 10% as some kind of management/success participation fee/ or name it like you want

But this is only my opinion/idea of how to calculate the numbers

No, they simply truncate from 5 to 8 decimal position digits giving you the result of the percentage calculation with only 4 decimal digits

Example

Capital at a day : 1.17
Percent of the day : 1.5%
Interest calculates : 1.17 * 1.5 / 100 = 0.01755
Interest rounded : 0.0175
New capital at the end of the day : (1.17+0.0175) 1.185 (This is the new capital of the day to calculate new percentage the next day)

Hope to be clear....

Cheers