Snip
Still not quite correct if double are added to the already own Btc That would be like sum of a GP
Which would be 429.4967BTC.
But if not added and the 0.0000002BTC doubling itself then you would be correct
The one day escaped me too
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 764. (Read 26469834 times)
February 18, 2024, 01:04:26 PM
Still not quite correct if double are added to the already own Btc That would be like sum of a GP
Which would be 429.4967BTC.
But if not added and the 0.0000002BTC doubling itself then you would be correct
The one day escaped me too
February 18, 2024, 01:01:19 PM
February 18, 2024, 01:00:45 PM
Been to long in Belgium
So another game
Where the Dude @
That's a tough one. I see some Spanish but it can't be Spain... too cold right now to be dressed like those ppl.
February 18, 2024, 12:51:12 PM
Been to long in Belgium
So another game
Where the Dude @
some caribbean island
February 18, 2024, 12:49:58 PM
Would you rather have:
- $1 million
- 0.0000002 BTC, but doubled every day for 30 days
1,000,000
the doubling effect is only better if you live long enough .
23 months to get to 1.6777216 btc
27 months to get to 26.9435456 btc
36 months to get to 13,743.8953472 this is 707,810,610.3808 USD at 51,500 usd
40 months to get to 219,902.3255552 more than I would need for sure
46 months to get to 14,073,748.8355328 this would be too much btc
You have to read that again @philipma1957! I made the same mistake as you initially and then I thought it couldn't be this easy so I read it again.
Double every day for 30 days.
Day 1: 0.0000002 BTC
Day 2: 0.0000004 BTC
Day 3: 0.0000008 BTC
Day 4: 0.0000016 BTC
Day 5: 0.0000032 BTC
Day 6: 0.0000064 BTC
Day 7: 0.0000128 BTC
Day 8: 0.0000256 BTC
Day 9: 0.0000512 BTC
Day 10: 0.0001024 BTC
Day 11: 0.0002048 BTC
Day 12: 0.0004096 BTC
Day 13: 0.0008192 BTC
Day 14: 0.0016384 BTC
Day 15: 0.0032768 BTC
Day 16: 0.0065536 BTC
Day 17: 0.0131072 BTC
Day 18: 0.0262144 BTC
Day 19: 0.0524288 BTC
Day 20: 0.1048576 BTC
Day 21: 0.2097152 BTC
Day 22: 0.4194304 BTC
Day 23: 0.8388608 BTC
Day 24: 1.6777216 BTC
Day 25: 3.3554432 BTC
Day 26: 6.7108864 BTC
Day 27: 13.4217728 BTC
Day 28: 26.8435456 BTC
Day 29: 53.6870912 BTC
Day 30: 107.3741824 BTC
So unless we think bitcoin is going back to a little OVER 9000! in a month, or gonna do a 5X in a month (if we took the money now and bought 19.28 BTC with it) - bitcoins are the better deal but then hasn't that pretty much always been the case in the long term?
Still not quite correct. Double every day for 30 days means 31 days in total, with day1 being 0.0000002 BTC, then doubling for 30 days.
correct.
0.0000002 BTC x 2^30 = 214.748... BTC
February 18, 2024, 12:49:09 PM
I think philipma1957 thought it would be doubled every 30days.
If bitcoiin is doubling in price every day for 30 days, I'll take the million and buy a million worth of bitcoin on day 1 and have that double for 30 days.
Either you get 1milli or you get (2 E-7)worth of BTC which will get doubled every single day for 30 days.
getting a bitcoin with $1milli in the kind of situation isn't worth it, you accept the btc and get the btcs doubled no matter what the price entails sounds like a good idea
And yeah maybe adding rice as am option could be much more better
February 18, 2024, 12:44:07 PM
Would you rather have:
- $1 million
- 0.0000002 BTC, but doubled every day for 30 days
1,000,000
the doubling effect is only better if you live long enough .
23 months to get to 1.6777216 btc
27 months to get to 26.9435456 btc
36 months to get to 13,743.8953472 this is 707,810,610.3808 USD at 51,500 usd
40 months to get to 219,902.3255552 more than I would need for sure
46 months to get to 14,073,748.8355328 this would be too much btc
You have to read that again @philipma1957! I made the same mistake as you initially and then I thought it couldn't be this easy so I read it again.
Double every day for 30 days.
Day 1: 0.0000002 BTC
Day 2: 0.0000004 BTC
Day 3: 0.0000008 BTC
Day 4: 0.0000016 BTC
Day 5: 0.0000032 BTC
Day 6: 0.0000064 BTC
Day 7: 0.0000128 BTC
Day 8: 0.0000256 BTC
Day 9: 0.0000512 BTC
Day 10: 0.0001024 BTC
Day 11: 0.0002048 BTC
Day 12: 0.0004096 BTC
Day 13: 0.0008192 BTC
Day 14: 0.0016384 BTC
Day 15: 0.0032768 BTC
Day 16: 0.0065536 BTC
Day 17: 0.0131072 BTC
Day 18: 0.0262144 BTC
Day 19: 0.0524288 BTC
Day 20: 0.1048576 BTC
Day 21: 0.2097152 BTC
Day 22: 0.4194304 BTC
Day 23: 0.8388608 BTC
Day 24: 1.6777216 BTC
Day 25: 3.3554432 BTC
Day 26: 6.7108864 BTC
Day 27: 13.4217728 BTC
Day 28: 26.8435456 BTC
Day 29: 53.6870912 BTC
Day 30: 107.3741824 BTC
So unless we think bitcoin is going back to a little OVER 9000! in a month, or gonna do a 5X in a month (if we took the money now and bought 19.28 BTC with it) - bitcoins are the better deal but then hasn't that pretty much always been the case in the long term?
Still not quite correct. Double every day for 30 days means 31 days in total, with day1 being 0.0000002 BTC, then doubling for 30 days.
February 18, 2024, 12:03:22 PM
February 18, 2024, 11:50:45 AM
Would you rather have:
- $1 million
- 0.0000002 BTC, but doubled every day for 30 days
If bitcoiin is doubling in price every day for 30 days, I'll take the million and buy a million worth of bitcoin on day 1 and have that double for 30 days.
Is that allowed?
Maybe you should add rice as option
https://owlcation.com/stem/Rice-on-a-Chessboard-Exponential-numbers
I would pick the 0.0000002BTC to be doubled every day in 30days.
xhomerx10 has already shown why it's beneficial
107BTC is around $5.35Million with Btc price priced at $50K.
Now we in a bull run
The profit when it would be priced around $180K would be mouth watering.
I think philipma1957 thought it would be doubled every 30days.
February 18, 2024, 11:01:19 AM
February 18, 2024, 10:45:36 AM
Would you rather have:
- $1 million
- 0.0000002 BTC, but doubled every day for 30 days
1,000,000
the doubling effect is only better if you live long enough .
23 months to get to 1.6777216 btc
27 months to get to 26.9435456 btc
36 months to get to 13,743.8953472 this is 707,810,610.3808 USD at 51,500 usd
40 months to get to 219,902.3255552 more than I would need for sure
46 months to get to 14,073,748.8355328 this would be too much btc
You have to read that again @philipma1957! I made the same mistake as you initially and then I thought it couldn't be this easy so I read it again.
Double every day for 30 days.
Day 1: 0.0000002 BTC
Day 2: 0.0000004 BTC
Day 3: 0.0000008 BTC
Day 4: 0.0000016 BTC
Day 5: 0.0000032 BTC
Day 6: 0.0000064 BTC
Day 7: 0.0000128 BTC
Day 8: 0.0000256 BTC
Day 9: 0.0000512 BTC
Day 10: 0.0001024 BTC
Day 11: 0.0002048 BTC
Day 12: 0.0004096 BTC
Day 13: 0.0008192 BTC
Day 14: 0.0016384 BTC
Day 15: 0.0032768 BTC
Day 16: 0.0065536 BTC
Day 17: 0.0131072 BTC
Day 18: 0.0262144 BTC
Day 19: 0.0524288 BTC
Day 20: 0.1048576 BTC
Day 21: 0.2097152 BTC
Day 22: 0.4194304 BTC
Day 23: 0.8388608 BTC
Day 24: 1.6777216 BTC
Day 25: 3.3554432 BTC
Day 26: 6.7108864 BTC
Day 27: 13.4217728 BTC
Day 28: 26.8435456 BTC
Day 29: 53.6870912 BTC
Day 30: 107.3741824 BTC
So unless we think bitcoin is going back to a little OVER 9000! in a month, or gonna do a 5X in a month (if we took the money now and bought 19.28 BTC with it) - bitcoins are the better deal but then hasn't that pretty much always been the case in the long term?
February 18, 2024, 10:14:22 AM
Been to long in Belgium
So another game
Where the Dude @
February 18, 2024, 10:04:03 AM
Would you rather have:
- $1 million
- 0.0000002 BTC, but doubled every day for 30 days
1,000,000
the doubling effect is only better if you live long enough .
23 months to get to 1.6777216 btc
27 months to get to 26.9435456 btc
36 months to get to 13,743.8953472 this is 707,810,610.3808 USD at 51,500 usd
40 months to get to 219,902.3255552 more than I would need for sure
46 months to get to 14,073,748.8355328 this would be too much btc
February 18, 2024, 10:03:23 AM
February 18, 2024, 09:01:17 AM
February 18, 2024, 08:57:30 AM
Would you rather have:
- $1 million
- 0.0000002 BTC, but doubled every day for 30 days
Bitcoiners know too well how exponential maths works. Unfortunately many people who take out longterm loans don't.
February 18, 2024, 08:11:32 AM
~snip
This phrase sounds too philosophical. The concept of "deserve" is too loose. Did you intentionally post such a large picture so that no one would miss this common truth? 
It would probably sound more plausible like this: “everyone gets bitcoin at the price that they is willing to pay now".
February 18, 2024, 08:01:19 AM
February 18, 2024, 07:44:41 AM
Would you rather have:
- $1 million
- 0.0000002 BTC, but doubled every day for 30 days
If bitcoiin is doubling in price every day for 30 days, I'll take the million and buy a million worth of bitcoin on day 1 and have that double for 30 days.
Is that allowed?
Maybe you should add rice as option
https://owlcation.com/stem/Rice-on-a-Chessboard-Exponential-numbers
February 18, 2024, 07:02:17 AM
Would you rather have:
- $1 million
- 0.0000002 BTC, but doubled every day for 30 days
Jump to: