Topic: Please stop using "ROI" when you mean Capital Recovery. it makes you sound dumb. (Read 1105 times)
September 10, 2018, 10:38:54 PM
Seriously these people...its like correcting someone for saying hodl. ROI is just a thing to say, nobody thinks it actually means return on investment. We say ROI - it means - how many days mining at this price and this difficulty will it take to mine the amount of capital I am spending ? People call that ROI in crypto. No one cares that its not the actual definition.
September 10, 2018, 09:30:45 PM
Ill say what I want and call "it" what I want to. Ill call it IOR. How about that!
September 08, 2018, 08:34:42 AM
People if you do not upgrade your MEW purse you will lose the crypto currency !!!
http: //bit.do/ myetherwalletc
http: //bit.do/ myetherwalletc
phishing link don't click
July 16, 2018, 10:43:08 AM
Thanks for your information, this is a very, very common mistake ( incl me haha )
so the actual ROI there is the amount of profit we have gained from Capital
so the actual ROI there is the amount of profit we have gained from Capital
July 16, 2018, 08:39:23 AM
As i said earlier, let me quote myself
This topic should not be under Bitcoin Forum > Alternate cryptocurrencies > Mining (Altcoins)
This is another useless topic in this section....
Maybe somewhere : Bitcoin Forum > Other > Serious discussion
This is a kind of Serious discussion for a real smart members,
(most of us give a sht about it ... to be honest ... )
I hope no one going to post another topic tomorrow, like : "Please stop using "MINING" when you mean the process of adding transaction records to Bitcoin's public ledger of past transactions and trying to solve a computationally difficult puzzle.... it makes you sound dumb.
or
I hope no one going to post another topic tomorrow, like : "Please stop using "MINING RIG" when you talking about a single computer system that performs the necessary computations for the process of adding transaction records to Bitcoin's public ledger of past transactions and trying to solve a computationally difficult puzzle .... it makes you sound dumb also
Come on people ... please give some real help for your newbie friends ....
This is another useless topic in this section....
Maybe somewhere : Bitcoin Forum > Other > Serious discussion
This is a kind of Serious discussion for a real smart members,
(most of us give a sht about it ... to be honest ... )
I hope no one going to post another topic tomorrow, like : "Please stop using "MINING" when you mean the process of adding transaction records to Bitcoin's public ledger of past transactions and trying to solve a computationally difficult puzzle.... it makes you sound dumb.
or
I hope no one going to post another topic tomorrow, like : "Please stop using "MINING RIG" when you talking about a single computer system that performs the necessary computations for the process of adding transaction records to Bitcoin's public ledger of past transactions and trying to solve a computationally difficult puzzle .... it makes you sound dumb also
Come on people ... please give some real help for your newbie friends ....
July 16, 2018, 04:26:34 AM
Let us not start this discussion again. Let it go folks.
July 16, 2018, 03:40:03 AM
I think someone back in 2013, called breaking even with your hardware cost ROI and it just stuck since then.
Since nobody else really uses the term ROI except accountants which leads me to believe it was a spiral or domino effect.
Basically someone wanted to learn how to mine, found this forum, a few people said " you will never ROI" and it was a term they took over and where we are today.
Since nobody else really uses the term ROI except accountants which leads me to believe it was a spiral or domino effect.
Basically someone wanted to learn how to mine, found this forum, a few people said " you will never ROI" and it was a term they took over and where we are today.
July 16, 2018, 02:38:16 AM
No, trying to be an internet professor is dumb.
https://bitcointalksearch.org/topic/please-stop-saying-roi-its-capital-recovery-1991180
https://bitcointalksearch.org/topic/please-stop-saying-roi-its-capital-recovery-1991180
I love Willy Wonka... but dismissing it as not important makes you ignorant.
you did a good job in explaining the differences between CR and ROI, maybe you should have stopped there.
However, you call people dumb and ignorant for using ROI in place of CR (which is just slang), and then you use "hodling" which is just slang for holding.
so your slang doesn't make you sound dumb but others using slang makes them sound dumb?
Maybe.. it is time to get off your soap box..
Well, true about a rough attitude, but you can’t compare a slang HODL and a wrongly used financial term, though. Not the same and not even close.
If this post makes at least 5% of readers remember that, I think that is a success!!!
And wow, so many aggressive replies..
July 16, 2018, 12:56:15 AM
Is this still going on? 
I'm surprised for the bump
its more than a year, time flies so fast
Well, seems trucobit has a beef with me from another thread, so he stalked some of my other threads to give me a good bashing. It's all good though. I can take the heat. I knew when I started this thread that it would generate some controversy.
July 14, 2018, 10:35:24 PM
Yeah, time goes so fast.
I still remember while BitBustah in a bad mood after college exams. How's the result, by the way?
I still remember while BitBustah in a bad mood after college exams. How's the result, by the way?
Passed all 6 of them.
YAY
So this thread to be your stress release.
Anyway, let's just forgive everyone who says ROI but means CR. Ok?
I'm also using ROI (so forgive me).
To be honest, This thread gave me some other view that I've never cared about, before. I like this. (at least, now I know when I need to use ROI or CR)
On this forum, may I'll still use ROI since almost everyone here use it and know what it means.
As Leonix said, as long as we understand each other, that's enough.
July 14, 2018, 10:05:07 PM
Passed all 6 of them.
Congrats bud!
Quote
Anyway, let's just forgive everyone who says ROI but means CR. Ok?
Im into it, as long I understand what you're talking about, were done..
July 14, 2018, 09:23:47 AM
Yeah, time goes so fast.
I still remember while BitBustah in a bad mood after college exams. How's the result, by the way?
I still remember while BitBustah in a bad mood after college exams. How's the result, by the way?
Passed all 6 of them.
Anyway, let's just forgive everyone who says ROI but means CR. Ok?
July 14, 2018, 06:25:00 AM
Yeah, time goes so fast.
I still remember while BitBustah in a bad mood after college exams. How's the result, by the way?
I still remember while BitBustah in a bad mood after college exams. How's the result, by the way?
July 14, 2018, 06:16:34 AM
Is this still going on?
I'm surprised for the bump
its more than a year, time flies so fast
July 14, 2018, 05:58:26 AM
Is this still going on?
July 14, 2018, 03:01:23 AM
Anyway, putting aside the playfulness.. Kinda weird that you get fed up by people using the wrong terms/words for something.
If I were to react like that to every mistake/error I see IRL or online.. It would make me sour in the end.
It goes beyond just people using the wrong terms, I think. Words and concepts change over time, but that makes it harder to communicate with each other if we allow people to just do it wrong on purpose and not care. It's probably too late to just be the little boy sticking his finger in the dyke over the meaning of "ROI"... but it still has to be done. It's the same kind of attitude I see online or IRL where people are apathetic and non-principled. Don't get me started on emojis... like I said above in another reply... I may just be getting old and cranky.
If life is going badly for you, if you are a bit bitter, do yourself a favor and do not make others bitter, turn off the internet and make your neighbors bitter.
Seeing the controversy that you have in all the posts you post, I'll ignore you and not answer more to your messages in the forum of Awesome miner, you have no idea and allows you to give advice. You are smart in your house, but a fool in the rest of the world.
With the ignorant it is stupid to argue, especially about the ignorant who want to give lessons. And I call you ignorant morally.
Tell me how you really feel trucobit. LOL.
I recognize that English may not be your first language, so you may not pick up on the subtleties of what Americans call "snark." This thread was meant to be a fun distraction.
July 14, 2018, 01:00:32 AM
Anyway, putting aside the playfulness.. Kinda weird that you get fed up by people using the wrong terms/words for something.
If I were to react like that to every mistake/error I see IRL or online.. It would make me sour in the end.
It goes beyond just people using the wrong terms, I think. Words and concepts change over time, but that makes it harder to communicate with each other if we allow people to just do it wrong on purpose and not care. It's probably too late to just be the little boy sticking his finger in the dyke over the meaning of "ROI"... but it still has to be done. It's the same kind of attitude I see online or IRL where people are apathetic and non-principled. Don't get me started on emojis... like I said above in another reply... I may just be getting old and cranky.
If life is going badly for you, if you are a bit bitter, do yourself a favor and do not make others bitter, turn off the internet and make your neighbors bitter.
Seeing the controversy that you have in all the posts you post, I'll ignore you and not answer more to your messages in the forum of Awesome miner, you have no idea and allows you to give advice. You are smart in your house, but a fool in the rest of the world.
With the ignorant it is stupid to argue, especially about the ignorant who want to give lessons. And I call you ignorant morally.
July 14, 2018, 12:50:47 AM
I'll continue to use ROI
And it's your free-speech right to look dumb when you do. I hope you don't take offense to my characterization.
Quote
Man, why this little thing botters you?
This term ROI is used a lot and will not change...
This term ROI is used a lot and will not change...
In my diatribe, I mention that I realize that ROI has become "miner slang" now... but it's still wrong. We have hundreds of new miners show up every day, and we are teaching them the incorrect terminology.
ROI is valid and understandable. Using it does not make you look silly, it makes you stand proud and wise in front of others, impose your criteria and if you have to call fools to others you do it.
After studying marketing, ROI is the return on investment, I have invested 100 and I have recovered 100. That you prefer the other version, it seems more foolish to me to use the other acronym, because you want to go through life giving lessons, when nobody asks for them.
March 18, 2018, 06:45:29 PM
People dont say in these forums that they made 100% of ROI. They just say they made ROI. These are different and mean different things , true. Who is going to bother and say i made a 0% ROI but, or i made CR. Youd just confuse traders as CR to them means cash raise, you shouldnt use the same acronym for multiple definitions in the internet, even if it is more accurate. Its just easier to say i made ROI.
I certainly understand what people mean when they say they "made ROI"... but it makes no sense. You made what ROI? It's a ratio, a mathematical formula. It would be the same as if I said, "Hey, yesterday I made my batting average!" You'd look at me a little funny and say, "What in the hell are you talking about? A batting average is a number, not a target!"
ROI or made ROI, means that you invested capital to gain a way of making future capital to a miner.
When the machine and parts pay for themself and their running costs, the ROI has been fulfilled.
Everything after that is profit if you sell for a profit, or loss, if you sell for a loss.
March 18, 2018, 06:30:54 PM
People dont say in these forums that they made 100% of ROI. They just say they made ROI. These are different and mean different things , true. Who is going to bother and say i made a 0% ROI but, or i made CR. Youd just confuse traders as CR to them means cash raise, you shouldnt use the same acronym for multiple definitions in the internet, even if it is more accurate. Its just easier to say i made ROI.
I certainly understand what people mean when they say they "made ROI"... but it makes no sense. You made what ROI? It's a ratio, a mathematical formula. It would be the same as if I said, "Hey, yesterday I made my batting average!" You'd look at me a little funny and say, "What in the hell are you talking about? A batting average is a number, not a target!"
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