In this post I prepared answers to these questions:
- What is KBC coin price today?
- What is KBC coin price prediction?
- How to convert KBC to gold?
KBC coin price today
Today the price of KBC coin is 0.026 USD or 0.02 euros.
Note, the initial price of KBC at its ICO stage was 0.005 euros. So, today, the price is 4 times more than at the time of KBC launch.
For your reference, the all time high of KBC coin is $0.126064 USD
(date: Jul 3, 2019). While the all time low of KBC is 0.004791 USD (date: Aug 31, 2018).
KBC coin price prediction
I think KBC should rise within the next 1-1.5-month because of the following 2 reasons.
♣ Reason 1
KBC price should rise because now every 100 KBC coins can be exchanged for 1 gram of cashgold and without daily limit.
Note: A daily limit of 1 gram of gold per day was withdrawn on September 15 (on the day of KaratNet launch).
Today with 1 KCB=0.026 USD it will cost you 2.6 USD to buy 100 KBC coins. This 100 KBC can be exchanged for 1 gram of gold.
Today, the spot price of 1 gram of gold=48.38 USD. So, for your 2 USD (100 KBC) you are getting about 48.38 USD back (depending on what you do to get cash for your gold), which is a 14-fold return on investment. This sounds very good.
The challenge, that CEM machines are just getting installed and it may be a while until one appears in your city or even country.
Just as a reminder, Karatbars CEM (Cash Exchange Machine) enables you to exchange KBC, Bitcoin and other crypto for CashGold.
The rate of CEM implementation around the world, as far as I know, on one hand, depends on the initiative of Karatbars affiliates.
If you are an affiliate, buy a CEM machine to have it faster in your city (in your Karatgold backoffice, under “Product Purchase”)
♣ Reason 2
KBC price should rise because of the use of KBC on/in the following platforms or technologies (due to the increase in demand of KBC)
KaratNet (Karatbars MainNet; the part of blockchain that is responsible for transactions taking place)
Now fully functional K-Merchant (mall, stores, shops accepting KBC and other crypto)
K-Impulse K1-Phone (first-ever blockchain phone)
WHIM K1 laptop (first-ever blockchain laptop)
Why should I buy KCB?
Remember that after December 16, you will receive GSC at the rate of 1 KBC = 1 GSC and 2 KCB = 1 GSC. Yes, which doesn’t really makes sense knowing that 1 KBC = 0.02 euros and 1 KCB = 0.14 euros.
Also, just reading on the Internet, it seems like that the price of GSC (Gold Standard Coin) initially is going to be 0.14 euros. Just like KCB is priced today. This fact is claimed to be coming from official documents.
“So, why should I buy KCB then?”
Simple. Because when you buy an Impulse K1 Packages or Profit Package (where KCB is found), you are getting 2-3X of value on top.
Note: The availability of Impulse K1 Packages and Profit Packages has been extended to December 15, 2019.
Yes, I want to buy KCB now
** REMINDER: Since KCB availability has been extended, as a result, the merging of KBC and KCB (hardfork) had been postponed and will happen on December 16, 2019.