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Question about currency.


Mr_Crud

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How come the decimals in metal prices are always double digits?

 

Ex. 1.33 instead of 1.3

 

I've always just kinda gone with it, but why?

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Because it's a third of a ref. Three scrap = rec, three rec = ref.

 

Really, it should be 1.33, 1.67, 2, but no-one bothers rounding.

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How come the decimals in metal prices are always double digits?

 

Ex. 1.33 instead of 1.3

 

I've always just kinda gone with it, but why?

because metal is split up into 9 parts by scrap. therefore 1 scrap is .11 ref, 2 scrap is .22 ref and so on.

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It wouldn't matter though, .9 is essentially .99, right? And it really doesnt make sense anyway sense .99=1.00

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well, .9 vs .99 is a big difference.

 

Bc by your logic, 

1 scrap=.1

1 rec=.3 

1 Ref=1.0

 

So, 3 Rec+1 scrap=1 Refined

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1.3 is too far off the actual value. This becomes apparent when you are buying multiples of one item:

 

(1 ref 1 rec) * 20 = (20 ref 20 rec) = 26 ref 2 rec = 26.66666666666666666666666 ref

 

 

Using 2 decimal places:

 

1.33 ref * 20 = 26.6 ref (0.5 scrap discrepancy)

 

 

But it's even worse if you use only 1 decimal place:

 

1.3 ref * 20 = 26 ref (2 reclaimed discrepancy)

 

 

To avoid huge discrepencies, people use 2 decimal places. Personally, I always punch in like 4-5 decimal places, cause I routinely buy dozens of one item at a time.

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1.3 is too far off the actual value. This becomes apparent when you are buying multiples of one item:

 

(1 ref 1 rec) * 20 = (20 ref 20 rec) = 26 ref 2 rec = 26.66666666666666666666666 ref

 

 

Using 2 decimal places:

 

1.33 ref x 20 = 26.6 ref (0.5 scrap discrepancy)

 

 

But it's even worse if you use only 1 decimal place:

 

1.3 ref x 20 = 26 ref (2 reclaimed discrepancy)

 

 

To avoid huge discrepencies, people use 2 decimal places. Personally, I always punch in like 4-5 decimal places, cause I routinely buy dozens of one item at a time.

Gold, post this in the credit discrepancy thread. :)

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