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Code Snippet - Money

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  • P peterchen

    Consider yourself proud new owner of a $50k debt! plus $19.78 fees and happiness charge.

    D Offline
    D Offline
    devenv exe
    wrote on last edited by
    #8

    ;)

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    • P peterchen

      Consider yourself proud new owner of a $50k debt! plus $19.78 fees and happiness charge.

      Kornfeld Eliyahu PeterK Offline
      Kornfeld Eliyahu PeterK Offline
      Kornfeld Eliyahu Peter
      wrote on last edited by
      #9

      It is technically impossible to transfer a debt...There are good sides of the bank system too...

      "It never ceases to amaze me that a spacecraft launched in 1977 can be fixed remotely from Earth." ― Brian Cox

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      • P Pete OHanlon

        Money has specifications, and the vision is normally realised through speculation and trading. Perhaps it's your understanding that's useless and you should transfer all your money to someone who understands it.

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        devenv exe
        wrote on last edited by
        #10

        Unfortunately, you could be right. Fortunately i didn't understand you.

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        • Kornfeld Eliyahu PeterK Kornfeld Eliyahu Peter

          It is technically impossible to transfer a debt...There are good sides of the bank system too...

          B Offline
          B Offline
          Bergholt Stuttley Johnson
          wrote on last edited by
          #11

          how is it impossible, it is after all just a number (however negative) and as I have had a negative balance transferred between banks I would have to disagree

          Kornfeld Eliyahu PeterK 1 Reply Last reply
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          • Kornfeld Eliyahu PeterK Kornfeld Eliyahu Peter

            It is technically impossible to transfer a debt...There are good sides of the bank system too...

            P Offline
            P Offline
            peterchen
            wrote on last edited by
            #12

            Technically right, but there's a $50,000 fee for that :rolleyes:

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            • B Bergholt Stuttley Johnson

              how is it impossible, it is after all just a number (however negative) and as I have had a negative balance transferred between banks I would have to disagree

              Kornfeld Eliyahu PeterK Offline
              Kornfeld Eliyahu PeterK Offline
              Kornfeld Eliyahu Peter
              wrote on last edited by
              #13

              I'm working (from the code side) with bank transfers and the APIs I know of do not accept negative numbers...You are always pass in positive numbers, only the direction may change...

              "It never ceases to amaze me that a spacecraft launched in 1977 can be fixed remotely from Earth." ― Brian Cox

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              • Kornfeld Eliyahu PeterK Kornfeld Eliyahu Peter

                It is technically impossible to transfer a debt...There are good sides of the bank system too...

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                Nagy Vilmos
                wrote on last edited by
                #14

                Not true in the least, if the creditor is in agreement, then it is very straight forward to transfer a liability. In the case of a creditor being unwilling to allow a third party to take on the debt there are still ways around it.

                Kornfeld Eliyahu PeterK 1 Reply Last reply
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                • N Nagy Vilmos

                  Not true in the least, if the creditor is in agreement, then it is very straight forward to transfer a liability. In the case of a creditor being unwilling to allow a third party to take on the debt there are still ways around it.

                  Kornfeld Eliyahu PeterK Offline
                  Kornfeld Eliyahu PeterK Offline
                  Kornfeld Eliyahu Peter
                  wrote on last edited by
                  #15

                  This is kind of thing I never met while working online - my work involves payments of students to school, school to student/teacher...You probably are talking about some more complicated business actions...

                  "It never ceases to amaze me that a spacecraft launched in 1977 can be fixed remotely from Earth." ― Brian Cox

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                  • D devenv exe

                    If you had to write a C# code snippet that shows/explains how money is useless, what would it be?

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                    J Offline
                    Joan M
                    wrote on last edited by
                    #16

                    No programming questions in the lounge!!! no homework!!! ... erm... ok... :laugh: After the first shock, I think something like:

                    class Program
                    {
                    static void Main(string[] args)
                    {
                    Console.WriteLine("42");
                    }
                    }

                    would do it... :rolleyes: PS: Never before I've written something in C#...

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                    • Kornfeld Eliyahu PeterK Kornfeld Eliyahu Peter

                      I'm working (from the code side) with bank transfers and the APIs I know of do not accept negative numbers...You are always pass in positive numbers, only the direction may change...

                      B Offline
                      B Offline
                      Bergholt Stuttley Johnson
                      wrote on last edited by
                      #17

                      then it has changed as I used to work in finance and it used to accept negatives. however I guess you could do it with a zero balance and then a withdrawal

                      Kornfeld Eliyahu PeterK 1 Reply Last reply
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                      • B Bergholt Stuttley Johnson

                        then it has changed as I used to work in finance and it used to accept negatives. however I guess you could do it with a zero balance and then a withdrawal

                        Kornfeld Eliyahu PeterK Offline
                        Kornfeld Eliyahu PeterK Offline
                        Kornfeld Eliyahu Peter
                        wrote on last edited by
                        #18

                        I understand from Nagy that there still options of negative - I just weren't in that part of the town :-D

                        "It never ceases to amaze me that a spacecraft launched in 1977 can be fixed remotely from Earth." ― Brian Cox

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                        • Kornfeld Eliyahu PeterK Kornfeld Eliyahu Peter

                          This is kind of thing I never met while working online - my work involves payments of students to school, school to student/teacher...You probably are talking about some more complicated business actions...

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                          Nagy Vilmos
                          wrote on last edited by
                          #19

                          Not at all, even with simple retail banking you can have someone take on your debts. It is quite common in finance [and sneekily expensive] to consolidate all your debts. The new lender becomes the debtor for the original debt and takes on all the liabilities therein, you then get a liability to them. In a much simpler scenario, kid goes FUBAR with the credit card and Dad steps in, again, and takes on the liability by paying it. In this scenario, there is no legal transfer of liability because the original debt has been cleared, however Dad may well hold a nominal liability to the child as in "Dad, can I get a new phone?", "Straight after you pay me the £5k you cost me!" :-D

                          Kornfeld Eliyahu PeterK 1 Reply Last reply
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                          • N Nagy Vilmos

                            Not at all, even with simple retail banking you can have someone take on your debts. It is quite common in finance [and sneekily expensive] to consolidate all your debts. The new lender becomes the debtor for the original debt and takes on all the liabilities therein, you then get a liability to them. In a much simpler scenario, kid goes FUBAR with the credit card and Dad steps in, again, and takes on the liability by paying it. In this scenario, there is no legal transfer of liability because the original debt has been cleared, however Dad may well hold a nominal liability to the child as in "Dad, can I get a new phone?", "Straight after you pay me the £5k you cost me!" :-D

                            Kornfeld Eliyahu PeterK Offline
                            Kornfeld Eliyahu PeterK Offline
                            Kornfeld Eliyahu Peter
                            wrote on last edited by
                            #20

                            You are taking about something else...It isn't transferring an amount of money with a negative sign, but take over the responsibility of a debt - I wasn't talking of such complicated thing, I merely asked devenv.exe to pass the money to me - he does not understand it anyway... :-D

                            "It never ceases to amaze me that a spacecraft launched in 1977 can be fixed remotely from Earth." ― Brian Cox

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                            • Kornfeld Eliyahu PeterK Kornfeld Eliyahu Peter

                              You are taking about something else...It isn't transferring an amount of money with a negative sign, but take over the responsibility of a debt - I wasn't talking of such complicated thing, I merely asked devenv.exe to pass the money to me - he does not understand it anyway... :-D

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                              Nagy Vilmos
                              wrote on last edited by
                              #21

                              Every transaction is transfer of liability. The money in your bank account is a debt [the bank owes you], so when you pay in money, you are giving them a debt [negative value] :)

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                              • Kornfeld Eliyahu PeterK Kornfeld Eliyahu Peter

                                I understand from Nagy that there still options of negative - I just weren't in that part of the town :-D

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                                Bergholt Stuttley Johnson
                                wrote on last edited by
                                #22

                                think of this way, if I owe £1 billion but pay off the interest on time then this is a big earner for the financial institution, so big that others will try and get me to move to them, this is why if I owe billions I can get a better interest rate than if I only owe a few 100

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                                • Kornfeld Eliyahu PeterK Kornfeld Eliyahu Peter

                                  It is technically impossible to transfer a debt...There are good sides of the bank system too...

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                                  Pete OHanlon
                                  wrote on last edited by
                                  #23

                                  Err no it isn't. This is how debt collection companies work in a lot of cases.

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                                  • J Joan M

                                    No programming questions in the lounge!!! no homework!!! ... erm... ok... :laugh: After the first shock, I think something like:

                                    class Program
                                    {
                                    static void Main(string[] args)
                                    {
                                    Console.WriteLine("42");
                                    }
                                    }

                                    would do it... :rolleyes: PS: Never before I've written something in C#...

                                    S Offline
                                    S Offline
                                    Super Lloyd
                                    wrote on last edited by
                                    #24

                                    Hey, Now you are a C# developer too! Welcome to the club, and well done! :)

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                                    • D devenv exe

                                      If you had to write a C# code snippet that shows/explains how money is useless, what would it be?

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                                      A Offline
                                      Amarnath S
                                      wrote on last edited by
                                      #25

                                      devenv.exe wrote:

                                      C# code snippet that shows/explains how money is useless

                                      System.Console.WriteLine("how money is useless");

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                                      • S Super Lloyd

                                        Hey, Now you are a C# developer too! Welcome to the club, and well done! :)

                                        J Offline
                                        J Offline
                                        Joan M
                                        wrote on last edited by
                                        #26

                                        Thank you! I'll try to opt for a :bob: MVP and to win any of the contests here... I firmly believe this code will open me doors... Just in case, can I give any possible employer your reference? :rolleyes:

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                                        • D devenv exe

                                          If you had to write a C# code snippet that shows/explains how money is useless, what would it be?

                                          D Offline
                                          D Offline
                                          Duncan Edwards Jones
                                          wrote on last edited by
                                          #27

                                          devenv.exe wrote:

                                          If you had to write a C# code snippet that shows/explains how money is useless, what would it be?

                                          Open source :)

                                          S 1 Reply Last reply
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