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Writer's pictureFahad H
Jul 5, 20192 min read

Why I feel KBC Coin KARATGOLD will subdue Bitcoin ; it’s a cryptocurrency exchangeable for GO


Why I feel KBC Coin ( KARATGOLD ) will subdue Bitcoin is as a result of it’s a cryptocurrency exchangeable for GOLD

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The following info are derived from this image and different sources:

The 5-year ahead projection of earnings relies on 7 earlier years of earnings. 1g of Karatbars gold presently prices $70.00 KBC coin is buying and selling at 2 cents per coin you subsequently presently want 3500 cash to acquire 1g of KBC coin The CEO has publicly promised that on July 4 2019 100 KBC coin might be exchangeable for 1g gold On Oct 2019, KBC and KCB coin will go away the Ethereum blockchain for its personal blockchain and merge into one coin known as GSC. Four years later, 1 GSC coin might be exchangeable for 1g gold. So let’s maintain this sensible. If you spend $70 and purchase 1g of gold, then 5 years from now, all you should have is 1g gold BUT in the event you as a substitute spend $70 coin to buy KBC coin, here’s what you possibly can count on based mostly on timeline above:

$70 will get you about 3500 cash proper now. On July 4 2019, that $70 buy might be value 35 instances $70, or roughly $2,500 as a result of you may have 3500 cash and 100 cash = 1g gold. In 2021 your $70 buy might be value $5000 as a result of at this level 50 KBC = 1g gold In 2023 your $70 buy might be value $250,00zero as a result of 1 KBC = 1g gold

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