Topic: Please stop using "ROI" when you mean Capital Recovery. it makes you sound dumb. - page 2. (Read 1142 times)

Its REAL funny watching someone get the hell beat out of them when "you" know they deserved every bit of it.  Behind a keyboard "you" are safe.  Outside in the real world, good luck with all that.

It's funny to see people get so defensive when they know they are wrong.

Or you could just sell me your gpu's cheap and you won't have to worry about it.

This thread is hilarious. You read the first post where OP is educating people on financial terms... then you jump to page 4 and people are suggesting meds to treat medical conditions lol. The internet in a nutshell.

God, I want to say "ROI" but I don't want to be called dumb. I must say "CR". but when I said "CR" it isn't happy for me, I want to say ROI ROI ROI
God, please forgive me

I used ROI many times ... So call me dumb. Don't care.
ROI ROI ROI ROI ROI.

If you are happy being educated about a word or a phrase, but think you have to use it incorrectly to "fit in"... then be my guest... take all the friends.  Just know that some of them are snickering behind your back because you say dumb things.  They still like you, it's just that pickleburgler says dumb things on purpose sometimes.

As I mentioned in another reply earlier in this thread, the agreed meaning does not mean correct meaning.

Reminds me of when people ask what caliber of gun I am shooting.  Well its a .30 caliber but I know what they mean and say .300 win mag or whatever.  It is not worth my effort to explain and it really does not matter as far as I can tell.  

Being as "SMART" as you are, im sure you know that languages evolve and adapts where ever it is used. If everyone knows what you mean when you say something, and is agreeing to it, then it means what they say it means. Stop being a smartass.

There are all kinds of meds at "your" disposal to treat "your" anxiety, OCD and anal rententiveness.  Come out of the cave and smell the air while watching the butterflies flying around that huge chip on "your" shoulder that helps hold up that big fat head of "yours".  If you want to be an english teacher....goto high school and have at it.  In public, evetually someone will be bigger than you and beat hell out of you right in front of your old lady.  Its your choice as to whether and how much exactly you embarrass yourself.  Welcome to the real world...Life...Its a bitch.

I have a soapbox topic for today.

It's always bugged me that cryptocurrency miners have thrown around the term "ROI" (Return On Investment) as a euphemism for getting their initial capital investments in hardware purchases.  The correct term is "CR" or Capital Recovery.

When you see someone posting that they "got their ROI", or the "ROI on that GPU is 3 months", or "I've already ROIed so I'm hodling"... it makes them sound dumb.  I realize that using ROI as a stand-in for CR is probably just miner slang now, but in my opinion, words matter.  When you consider this is a forum where written words are the primary means of communicating ideas, then words matter.

Why is ROI an incorrect term?  It's incorrect because ROI is a simple mathematical formula to quantify the ratio or percentage of gains or losses based upon your capital outlay or investment.  You could have a negative ROI, but you don't really see anyone using that with the slang version of ROI used here.  They treat "ROI" as an absolute number, when the terms they really should be using are "CR" or Capital Recovery.


A simple example of ROI is this:  Miner A purchases a GPU for $1000, and over some period of time, that GPU mines $1000 worth of cryptocurrency.  Miner A did not "achieve" ROI... because the ROI is ZERO!  What did Miner A "achieve"?  They achieved a 100% "CR" or Capital Recovery.

Now, let's look at Miner B.  Miner B purchases a GPU for $1000, and over that same period of time, that GPU mines $1200 worth of cryptocurrency.  Miner B also did not "achieve" ROI.  The ROI is simply 20%.  Their "CR" or Capital Recovery is still 100%.  Both Miner A and B have "achieved" their CR, but their ROI is different.

Finally, let's look at Miner C.  Miner C purchases a GPU for $1000, and over that same period of time, that GPU mines $800 worth of cryptocurrency.  Miner C has an ROI of negative 20% (-20%), but their "CR" or Capital Recovery is still pretty good at 80%.


The above is a very simple comparison on why calculating "ROI" is not the same as CR.  There are actually several other factors to calculating ROI.  Time plays an important factor into calculating ROI, so it's never an apples-to-apples comparison unless all the same factors are considered.  In the case of physical capital like mining hardware, you also have to factor in your potential resale value if you choose to exit mining at that point in time.  It's rare to see anyone using ROI correctly, and it really has no meaning without all the proper context like time, resale value, and current coin pricing versus future coin pricing... so stop.



;TLDR
Simply put... stop using "ROI" when you mean "CR", as it makes you sound dumb.

Yes.  Especially if you know better.


If you are happy being educated about a word or a phrase, but think you have to use it incorrectly to "fit in"... then be my guest... take all the friends.  Just know that some of them are snickering behind your back because you say dumb things.  They still like you, it's just that pickleburgler says dumb things on purpose sometimes.


Another one that really gets me going... in the past few years in America, people have gotten into a habit of saying "literally" when it doesn't apply, as a way to bring emphasis.  You can't "literally shoot a basketball".

Using words in a way that most people understand them is dumb huh?

You must have so many friends.