Current Events > How to create a formula for bitcoin

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ScottSweatshirt
12/07/17 2:25:32 PM
#1:


Let's say you put $500 at 18k per share. How much would the share have to rise before the initial investment of $500 reaches 100k? Just hypotheically, how would one figure this out. A general formula would be nice, thanks guys
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Turtlebread
12/07/17 2:26:22 PM
#2:


e=mc^$$$$$$$$$$
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Bok_Choi
12/07/17 2:26:48 PM
#3:


uh

you just multiply it by the new value...
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HydroCannabinol
12/07/17 2:27:17 PM
#4:


Are you serious. You take the difference if current price and what you paid..

500 at 18k
Sell 500 at 20k

You made 2k by investing 18,000 dollars and waiting however long it took to hit 20,000.

So 20k minus 18k equals 2k profit
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ScottSweatshirt
12/07/17 2:27:47 PM
#5:


Turtlebread posted...
e=mc^$$$$$$$$$$

Im serious, I just threw in five hundred in a panic and now im regretting it, but its fine. Ill just have to lay off the organic meat and produce for a couple of months
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ScottSweatshirt
12/07/17 2:28:35 PM
#6:


Bok_Choi posted...
uh

you just multiply it by the new value...

multiply what?
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Bok_Choi
12/07/17 2:29:46 PM
#7:


nevermind i mis-read your op
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Turtlebread
12/07/17 2:30:09 PM
#8:


br0 are you real

500/18000=0.02777777777 bitcoin

0.02777777777*100000=2777.7777777 dollarydoos
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Link HT
12/07/17 2:30:15 PM
#9:


these are the type of people bitcoin attracts
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ScottSweatshirt
12/07/17 2:30:21 PM
#10:


HydroCannabinol posted...
Are you serious. You take the difference if current price and what you paid..

500 at 18k
Sell 500 at 20k

You made 2k by investing 18,000 dollars and waiting however long it took to hit 20,000.

So 20k minus 18k equals 2k profit

I think you might misundesrtand, this doesnt sound right
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COVxy
12/07/17 2:32:48 PM
#11:


~3.6mil
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Laserion
12/07/17 2:34:49 PM
#12:


$100k/$18k = 5.55 times, or 555% from its current $18k value.
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Solid Snake07
12/07/17 2:35:42 PM
#13:


100k is 200x500 so 18k x 200

Which is around 3.5 million
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ScottSweatshirt
12/07/17 2:35:43 PM
#14:


COVxy posted...
~3.6mil

sounds reasonable, assuming this is right, how do you calculate this
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Antifar
12/07/17 2:38:08 PM
#15:


ScottSweatshirt posted...
Let's say you put $500 at 18k per share. How much would the share have to rise before the initial investment of $500 reaches 100k?


(500/18k)/100k
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COVxy
12/07/17 2:41:26 PM
#16:


price_per_coin*(desired_outcome/current_investment)

18k * (100000/500) = 3.6mil

More or less, the proportion of increase you want in investment is equal to the proportion of increase that needs to happen in price per stock/coin.
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ScottSweatshirt
12/07/17 2:41:29 PM
#17:


Solid Snake07 posted...
100k is 200x500 so 18k x 200

Which is around 3.5 million

lol it was a simple ratio, this is all i ask. Thanks alot
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HydroCannabinol
12/07/17 2:42:49 PM
#18:


Dude I explained it in my post. Are you incapable of replacing numbers?
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ScottSweatshirt
12/07/17 2:45:51 PM
#20:


HydroCannabinol posted...
Dude I explained it in my post. Are you incapable of replacing numbers?

honestly, it was slightly confusing. Dont try to make this a intelligence thing either, true intelligence is making something complex into a simple explanation, like the other dude accomplished. You wrote an essay
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ScottSweatshirt
12/07/17 2:50:01 PM
#21:


I might invest another $500, it would have to reach 1.5 million to get a $100000 with a $1000 investment but the way its constantly on the upswing, it seems feasible
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