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Forum >> General Chat >> I now do banking.

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Pete

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25 Feb 2015 12:07pm
You ?

O M E G A

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25 Feb 2015 12:09pm
Not me... Yu. :lol: :up

Pete

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25 Feb 2015 12:12pm
You mean You tho ? :s

O M E G A

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25 Feb 2015 12:13pm
No... I mean yu. :lol:

Pete

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25 Feb 2015 12:14pm
Right

O M E G A

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25 Feb 2015 12:15pm
Left. :p

11186

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25 Feb 2015 04:27pm
HaXor wrote:
GKap wrote:
SkYY555 wrote:
he gets 1% of the total after interest.
Yea, but he is the one paying the interest. The math doesn't add up here and I can't see any scenario this is beneficial to him.

Say yu give me $150,000,000 to bank for yu... That $150,000,000 is yours to begin with...

Being it stays in the bank for 10 days, you'll get $60,000,000
So, after the $60,000,000 interest, added on to your $150,000,000 you'll get back $210,000,000, BUT.... I charge a fee of %1, and that's for the service of banking your cash, wich give yu a balance of $207,900,000.
;) :up

So you take the money from whoever put it in your bank to gain 30 million over 10 days, since you don't have an RM. Then when the 10 days is up you pay back the 150 million you borrowed plus 57 million in interest minus your fee. So how did you not just lose 27 million? Not only did you just lose 27 million, you also lost the 30 million in interest you would have gained by keeping your own money in the bank.



O M E G A

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25 Feb 2015 04:51pm
GKap wrote:
HaXor wrote:
GKap wrote:
SkYY555 wrote:
he gets 1% of the total after interest.
Yea, but he is the one paying the interest. The math doesn't add up here and I can't see any scenario this is beneficial to him.

Say yu give me $150,000,000 to bank for yu... That $150,000,000 is yours to begin with...

Being it stays in the bank for 10 days, you'll get $60,000,000
So, after the $60,000,000 interest, added on to your $150,000,000 you'll get back $210,000,000, BUT.... I charge a fee of %1, and that's for the service of banking your cash, wich give yu a balance of $207,900,000.
;) :up

So you take the money from whoever put it in your bank to gain 30 million over 10 days, since you don't have an RM. Then when the 10 days is up you pay back the 150 million you borrowed plus 57 million in interest minus your fee. So how did you not just lose 27 million? Not only did you just lose 27 million, you also lost the 30 million in interest you would have gained by keeping your own money in the bank.


Are yu banking?

Skullzy

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25 Feb 2015 08:39pm
The math doesn't truly add up for this, a cool thought would be to actually use a gang as a bank that could provide interest and loans to others, along with other things bank does.. however this wouldn't work unless you're just giving out free money :p

[=V=] DatBoi Stoopid

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26 Feb 2015 12:23am
I don't care about the math, as long as i get free $ on money I normally wouldn't get interest on, i'm happy. =)

[tHï] Sonicchillydogs

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27 Feb 2015 09:53am
He was hoping a ton of people would buy into this, putting him deeper into debt but if enough people keep doing it his bank will go up and up and up.... Fucking Pyramid scheme. :roll:

Get makes enough then runs.

meep

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27 Feb 2015 09:59am
Mr.ChillyDogs wrote:
He was hoping a ton of people would buy into this, putting him deeper into debt but if enough people keep doing it his bank will go up and up and up.... Fucking Pyramid scheme. :roll:

Get makes enough then runs.

This made no sense but hey, if people here get 6mill interest for being an RM and i get 7.9 mill i'm all for it.

O M E G A

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27 Feb 2015 10:02am
Mr.ChillyDogs wrote:
He was hoping a ton of people would buy into this, putting him deeper into debt but if enough people keep doing it his bank will go up and up and up.... Fucking Pyramid scheme. :roll:

Get makes enough then runs.

Being the fact I only bank One person at a time and the fact that I've been buying banners, 50/50, ETC I haven't ran yet. So smart thinking, Cod.

:up

Bank: $303,840,099
Daily Interest: $3,000,000 [$3,000,000 max]
Interest Rate: 2%


I still have a little over his $207,900,000.
And no, Mr. Cold, that made no sense, whatsoever.

[=V=] DatBoi Stoopid

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13 Mar 2015 11:07pm
thanks haxor! great service

[Z00] HaXor sent you $207,900,000

O M E G A

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13 Mar 2015 11:08pm
SkYY555 wrote:
thanks haxor! great service

[Z00] HaXor sent you $207,900,000

Thanks, Skyy... I hope to keep bankers like yu, active... :up

RichCovs

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15 Mar 2015 12:40am
As long as you only bank 1 person at a time then I see no reason this won't work

[ToC] My Name Goes Here

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18 Apr 2015 09:50pm
Lol, I never got my payout

RichCovs

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18 Apr 2015 11:12pm
I'm shocked......

[ToC] My Name Goes Here

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19 Apr 2015 03:43am
:lol:

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