Quote from: Mahdirakib on April 17, 2024, 12:04:31 PM

Quote from: hosseinimr93 on April 16, 2024, 10:23:50 PM

Assuming you have 1 BTC, you will earn 0.000109589 BTC on the day 1 and you will have 1.000109589 BTC at the end of that day. On the day 2, you will earn 0.000109601 BTC and you will have 1.00021919 at the end of that day. On the day 3, you will earn 0.000109613 BTC and so on.
At the end of the day 365, you will have 1 * (1.000109589)³⁶⁵= 1.0408 BTC.

Thank you for clearing the doubts. I was using the general calculation formula without considering the compounding system.

Quote from: trblshtr on April 16, 2024, 05:22:37 PM

My initial question was how long I should wait for support from freebitco before I open a separate Scam accusation here?

You don't need to create any accusation. Check the above post of hosseinimr93 to know how the APY is actually calculated. Currently your daily interest rate is 0.01178082 including the boosted amount. If you hold 1 BTC on your account, then you will have 1 × (1.0001178082)³⁶⁵ = 1.0439 BTC after 1 year. The interest amount is 0.0439 BTC, which is 0.0439 × 100 = 4.39% (your APY with the boosted percentage).

Well, while its now clarified that the Annual Rate 4.39 includes the 7.5% on the basic Interest. But please explain why the daily Interest (Daily interest will be calculated at a random time everyday @ 0.01178082% * per day) does not correspond with the 4.39% annualy. The daily rate does not fit to the Annual Rate 4.39 given despite the days if I calculate 360, 365, or perhaps 370, 375.

My fbc current daily rate is @ 0.01178082% calculated from 4.39% annualy but no calculation explains me why:
0,0121944444=4,39/360
0,0120273973=4,39/365
0,0118648649=4,39/370
0,0117066667=4,39/375
Every result differs from the daily rate given to me currently..
I do calculate regularly by 360 day because the transaction history and premium member days table shows fbc calculates 360 days.