/biz/ - Business & Finance

https://archive.is/hou1M

On the day of the lord 10/28/2017 Kucoin exchange has 5.5 million in volume. As of right now 20,000 KCS yields .35 KCS/day and various other altcoins amounting to around 1$/day. This give about ~18,000$ of investment a yield of 1.35$/day at the current volumes. Or, approximately 500$ yearly.

This breaks down to KCS having a 2.7% annual yield as of right now, when priced at 91 cents a coin. This breaks down further to about .007% daily on your investment.

Right now, with 5.5 million dollars in volume. If this volume increases in any way, then this yield increases, meaning that KCS price must increase to prevent the yield from blooming too high.

Assume one of these altcoins you're being paid in increase. This means KCS has more value.

I'm archiving this thread and turning off crypto for a year. I'll remind you all about how much this is yielding me next year.

>>3682531
OP is 10/10 troll