Australian-Coins Forum

Non Numismatic Discussion => Chin Wag => Topic started by: lacey on August 18, 2013, 09:33:52 PM

Title: One penny doubled everyday becomes over 5 million dollars in just 30 days.
Post by: lacey on August 18, 2013, 09:33:52 PM
true or false?
Title: RE: One penny doubled everyday becomes over 5 million dollars in just 30 days.
Post by: Fulvio on August 18, 2013, 09:35:25 PM
Quote from: 'lacey' pid='25441' dateline='1376827432'true or false?

Ask King Hammurabi. He tried it and bankrupted himself. ;)
Title: RE: One penny doubled everyday becomes over 5 million dollars in just 30 days.
Post by: trout on August 18, 2013, 09:36:48 PM
Quote from: 'Fulvio' pid='25443' dateline='1376827525'
Quote from: 'lacey' pid='25441' dateline='1376827432'true or false?

Ask King Hammurabi. He tried it and bankrupted himself. ;)

That was with wheat tho :angel:
Title: RE: One penny doubled everyday becomes over 5 million dollars in just 30 days.
Post by: Fulvio on August 18, 2013, 09:40:27 PM
Quote from: 'trout' pid='25444' dateline='1376827608'That was with wheat tho :angel:

And? Its still a binary number. 2^30 in fact.

Or, for the lazy, that's 1073741824

So $10,737,418.24 Which is, you would agree, more than $5m. :angel:
Title: RE: One penny doubled everyday becomes over 5 million dollars in just 30 days.
Post by: trout on August 18, 2013, 09:58:20 PM
Quote from: 'Fulvio' pid='25445' dateline='1376827827'
Quote from: 'trout' pid='25444' dateline='1376827608'That was with wheat tho :angel:

And? Its still a binary number. 2^30 in fact.

Or, for the lazy, that's 1073741824

So $10,737,418.24 Which is, you would agree, more than $5m. :angel:

I'll just stick with 42 Mate.
It works for me :)
Title: RE: One penny doubled everyday becomes over 5 million dollars in just 30 days.
Post by: Fulvio on August 19, 2013, 12:19:40 AM
Quote from: 'trout' pid='25448' dateline='1376828900'I'll just stick with 42 Mate.
It works for me :)

Yeah.. but only in Base 13. :)
Title: RE: One penny doubled everyday becomes over 5 million dollars in just 30 days.
Post by: JeffH on August 19, 2013, 07:26:32 AM
42 in base 13 is "33".
If you didn't know before you won't care now.
Title: RE: One penny doubled everyday becomes over 5 million dollars in just 30 days.
Post by: r9453 on August 19, 2013, 08:07:46 AM
I thought trout was referring to The Hitchhiker's Guide. With radix 13, 42 would be 4 x 13 + 2 = 54. :tease:
Title: RE: One penny doubled everyday becomes over 5 million dollars in just 30 days.
Post by: JeffH on August 19, 2013, 08:48:21 AM
If these were Aussie pennies then, after the 30 days, you would have over 10,000 tonnes of 97% pure copper alloy!
Melt value AUD$81.6million.:yahoo:

Hint; don't sell it all at once -you don't want to depress the world copper market.
Title: RE: One penny doubled everyday becomes over 5 million dollars in just 30 days.
Post by: r9453 on August 19, 2013, 09:11:13 AM
Quote from: 'JeffH' pid='25463' dateline='1376867901'If these were Aussie pennies then, after the 30 days, you would have over 10,000 tonnes of 97% pure copper alloy!

That's a better way to look at it. Would I be right in saying there were only 715 million pennies minted? :idea: Any idea how many already melted?
Title: RE: One penny doubled everyday becomes over 5 million dollars in just 30 days.
Post by: Fulvio on August 19, 2013, 09:23:47 AM
Quote from: 'JeffH' pid='25460' dateline='1376862992'42 in base 13 is "33".
If you didn't know before you won't care now.

6x9=42 in base 13.
Title: RE: One penny doubled everyday becomes over 5 million dollars in just 30 days.
Post by: Goldseeker on August 19, 2013, 05:16:24 PM
?????
Title: RE: One penny doubled everyday becomes over 5 million dollars in just 30 days.
Post by: Unicorn on August 19, 2013, 05:27:06 PM
black, black, red, black, black, black, red, black, black, black, red, black, black, black, red, red, black, black, black, red, black, green, black, black, red, black, black, black, red, black

Stay tuned for next week's Powerball numbers .......
Title: RE: One penny doubled everyday becomes over 5 million dollars in just 30 days.
Post by: Sapyx on August 19, 2013, 05:35:54 PM
Quote from: 'Fulvio' pid='25445' dateline='1376827827'And? Its still a binary number. 2^30 in fact.

Or, for the lazy, that's 1073741824

So $10,737,418.24 Which is, you would agree, more than $5m. :angel:


I think the number they were angling for is 2^29, not 2^30. Which is 536870912, or in monetary form as pennies, $5,368,709.12.

Of course, that's US "pennies" or, if you change the $ for a £, that's British decimal pence. If they were "real pennies" like we had here in Australia, 2^29 pennies would net you £2,236,962/2/8 if my maths is correct.