How does BlackCoin Profit Calculator Works?
This BlackCoin Profit Calculator uses a simple mathematical principal to calculate the ROI of BlackCoin. It fetches the historical BlackCoin price from the database and compares with current BlackCoin Price and calculate the profit or loss made on it.
It does this simple calculation get the amount BlackCoin you would have got by investing x$'s on that day ($x/price of BlackCoin). Now it calculates the current price of that amount in USD (current BlackCoin price * amount of BlackCoin purchased in past). Now the return on investment (ROI) is calculated by dividing amount in USD today by amount invested and multiplying it by 100.
Mathmetical logic behind the same:
$invested_USD = USD invested in past date;
$historical_BLK_price = Price of BLK in past date;
$quantity_BLK = Quantity of BLK in past = $amount invested / $price_on_that_day;
$price_BLK = Current price of BLK;
$USD_today = ($price_BLK * $quantity_BLK) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of BlackCoin you can check it here: BlackCoin Price Prediction. This predictions are based on various algorithms applied on the historical price of the BlackCoin.
If you have any query regarding the above calculator you can comment it in comment box below.