Re:Alameda Research's borrowing limit from FTX was $65,355,9...
by golem14 on Saturday January 21, 2023 @03:01PM
(#34469780)
maybe related to 2^16?
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Re:Alameda Research's borrowing limit from FTX was $65,355,9...
by oh_sigh on Saturday January 21, 2023 @04:07PM
(#34470545)
It is suspiciously close to 65536*1e6. Can't explain why it is $6 short though
Re:Alameda Research's borrowing limit from FTX was $65,355,9...
by tromp on Saturday January 21, 2023 @04:13PM
(#34470603)
No; it's close to 65356e6, not 65536e6 (4rd decimal is 3 not 5). Could be misreporting though...
Re:Alameda Research's borrowing limit from FTX was $65,355,9...
by quickthrower2 on Saturday January 21, 2023 @04:25PM
(#34470708)
“If we are going down, lets nerd snipe while we do!”
Re:Alameda Research's borrowing limit from FTX was $65,355,9...
by wolverine876 on Saturday January 21, 2023 @04:28PM
(#34470745)
C'mon, this is serious money; you're off by a couple orders of magnitude: 2^36 =
68,719,476,736
Which doesn't explain it. Maybe the subtracted $3 billion in other debts? Got to watch every penny, you know.
Re:Alameda Research's borrowing limit from FTX was $65,355,9...
by Retric on Saturday January 21, 2023 @04:44PM
(#34470911)
It’s really close to 2^16 * 1 million - 6$.
65,535,999,994 vs $65,355,999,994
No idea where the -6$ comes from or if the 535 vs 355 was intended.
Re:Alameda Research's borrowing limit from FTX was $65,355,9...
by epgui on Saturday January 21, 2023 @04:45PM
(#34470919)
That’s actually the exact same order of magnitude, FYI.
Re:Alameda Research's borrowing limit from FTX was $65,355,9...
by mkl on Saturday January 21, 2023 @06:01PM
(#34471685)
2^16 = 65536.
Re:Alameda Research's borrowing limit from FTX was $65,355,9...
by mrbungie on Saturday January 21, 2023 @04:53PM
(#34470995)
You're asumming the final number id managed by a sole number. Maybe there a "size" value and a "quantity" value.
An example would be a float representing the final magnitude over the base magnitude (i.e. thousands of dollars), and the base quantity of thosands of dollars an unsinged 16bit integer.
It would be a commonly considered weird approach (you could/should use Decimal types for money), but hey, the final number is strangely near to be such a typical number (2^16).
PS: Like a sibling suggested, other hypothesis is that maybe it was something akin to a bare napkin calculation/decision made by humans (with human errors) eventually digitalized.
Re:Alameda Research's borrowing limit from FTX was $65,355,9...
by wolverine876 on Saturday January 21, 2023 @11:20PM
(#34474229)
> It would be a commonly considered weird approach (you could/should use Decimal types for money)
Money? Cryptocurrencies are way beyond that.