this post was submitted on 27 Nov 2024
700 points (98.2% liked)
Microblog Memes
5933 readers
4906 users here now
A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, ~~Twitter~~ X, KBin, Threads or elsewhere.
Created as an evolution of White People Twitter and other tweet-capture subreddits.
Rules:
- Please put at least one word relevant to the post in the post title.
- Be nice.
- No advertising, brand promotion or guerilla marketing.
- Posters are encouraged to link to the toot or tweet etc in the description of posts.
Related communities:
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
They'll just suspend trading again, likely until trump lifts sanctions. Value can't fall if it can't be compared in the market.
Lost like 7 percent today (or percentage points, funnily about the same here).
Whoa do "percent" and "percentage points" actually refer to different things?
Yeah, "percentage points" is used to refer to a difference between two percentages.
For example, let's say some company previously held 25% of the market, but grew and is now holding 50% of the market. The company's market share actually doubled in size, which we could call an increase of 100%. Or, looking at it another way, because they grew from 25% to 50%, you can call it an increase of 25 percentage points.
Sounds like "percentage points" provides less information to the viewer, which explains the context I most often see it used.
Yes. If you have a half full battery it's at 50% full.
If the charge goes up by 50% you get a 75% full battery.
If the charge goes up by 50 percentage points it goes up to 100%
But currencies aren't traded only on one exchange, but all over, surely you can't suspend trading for currencies?
They can restrict official trading, I thought they already did something like that before, maybe not. Besides, market is mostly made by large players, what people can trade in the banks will make less of an impact.