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