How to Calculate Your KBC and KCB Coins Value on the Hardfork Day

KBC KCB GSC Hardfork

Are you a KaratBars KBC and KCB coins holder?

I know you are confused and you don’t know how much wealth you will have after the hardfork day which is now changed to December 16th 2019.

Are you a KaratBars affiliate who has referred people to their team, and now your referrals keep asking you what will happen to their KBC/KCB coins after the Hard Fork or Hardfork day?

I know you don’t have a clear answer for them. Nobody does, because KaratBars hasn’t officially disclosed the formula of merging KBC and KCB on the hardfork day.

But, in this article I will give you some tips and attract your attention to some facts that help you wait patiently for the hardfork day. It can be your life changing day. So, get ready for it.

Also please note that this article is not an investment advice. You understand that you buy/sell/convert/trade/invest/… at your own risk.

How KBC and KCB Will Be Merged on the Hardfork Day?

As I mentioned above, KaratBars hasn’t officially released the formula that KBC and KCB will be merged based on it on the hardfork day.

Currently, both of the KBC and KCB coins are based on the Ethereum Blockchain. However, on the hardfork day, KaratBars will launch their own Blockchain that will be called MAINNET. Don’t worry if you don’t know what Blockchain is. It doesn’t matter.

All we know is that KBC and KCB will be merged on the hardfork day and a new coin which is called MAINNET KBC or GSC for now will be created:

KBC + KCB = MAINNET KBC or GSC

GSC stands for Gold Standard Coin. Please note that GSC is not also an official name confirmed by KaratBars, and still we don’t know what the name of the new coin will be after the hardfork day.

KBC has already entered the cryptocurrency market. You can buy it from there. You can buy it through KaratBit platform which is the easiest way.

But KCB is still in an ICO, or initial coin offering (initial currency offering) phase. It hasn’t entered the cryptocurrency market yet, and it is being sold by KaratBars.

It means KBC has a clear value in the market. But KCB price is determined by KaratBars. Therefore, if these two coins are supposed to merge on the hardfork day, the resulted coin has also to be in the cryptocurrency market and its price has to be somewhere between the KBC and KCB prices.

Currently, the KBC price is between 2-3 cents, and the KCB price is 0.14 euros. Therefore, it is expected that the GSC price to be above 2-3 cents and below 0.14 euros.

Does this matter?

I don’t think so, because in January of 2020 and after, KaratBars will give you one gram of CashGold for every 75 GSC coin, no matter what this coin’s value will be on the cryptocurrency market.

Some people says that the KCB value will be calculated based on the market value of KBC on the hardfork day, while KBC will retain its value. However, you should be aware that KaratBars hasn’t confirmed this, nor have they disclosed anything about the way that KBC and KCB coins will be merged on the hardfork day.

The most exciting part of the story is that after 1st of January 2020, every 75 MAINNET KBC equals one gram of physical gold or KaratBars CashGold.

Before I go ahead, I must explain another thing that confuses people:

The Difference of Gold’s Physical and Spot Price

Most people don’t know what the difference of physical gold’s price and gold’s spot price is. Physical gold’s price is the price of physical gold, whereas the gold spot price is the virtual gold’s price that can only be traded online and through the brokers. When you buy physical gold, they will send you physical gold. But when you buy gold based on the gold’s spot price, they send you nothing. It just stays in your online account. You can sell or trade it later, but you can’t receive it as physical gold.

The purpose of this explanation was to tell you that: The physical gold’s price is always higher than the gold’s spot price.

For example, as of writing this article (27 Sep 2019 at 6:55pm EST), the gold spot price is €43.98 per gram, whereas one gram of KaratBars CashGold is €52 which is of course the lowest price that 24K gold can be bought over the Internet.

Anyways!

It is possible that the GSC’s value goes much higher in the future. It is possible, but we never know what will happen. Personally, I am happy that I was on time enough to buy KBC and KCB coins.

Bitcoin has created over 23,000 millionaires so far. I hope KaratBars also creates thousands of millionaires or even billionaires in the future.

Important Facts and Tips:

Now please let me give you some important tips and inform you about some important facts that you should never ignore:

1. As I explained above, every 75 GSC will equal one gram of CashGold after January 2020. This has nothing to do with the KBC’s market price on the hardfork day.

Therefore, if you have already bought lots of KBC coins, good for you. Keep them. Don’t sell, exchange or trade them, even if you have bought them when the KBC price was at the top and you are now losing money on it.

This is not an investment advice. It is just a recommendation, and it is what I will personally do. It is up to you and you take actions at your own risk.

2. The hardfork day was supposed to be on September 20. However, KaratBars postponed it to December 16 for some reason. It is still possible that they postpone it again if the KBC’s market value doesn’t go up.

3. You still have time to invest on KCB through buying KaratBars profit packages. If you don’t know how to do it, you can let me know and I will tell you what to do. Once again, I am not advising you to buy KCB or anything else. I am just giving you some news. That is all.

4. You can still buy KBC from the market and through brokers or on KaratBit which is the easiest way to buy KBC coins. Buying KBC from brokers costs so many fees and has a complicated process. Therefore, good for those who used the chance to buy KBC tokens last year, and also those who bought it from the market even if they bought when the price was the maximum. Keep your KBC coins. This time you were lucky enough to be in the right place at the right time 😉

5. If your KBC coins are still in your MyEtherWallet account on myetherwallet.com, it is recommended to transfer them to your KaratBit account as soon as possible, even though I don’t think nothing will happen to them if you leave them there.

6. If you haven’t created a KaratBit account yet, do it and verify it as soon as possible. You will need it badly very soon. It is free to create a KaratBit account.

7. If your KBC coins are still in your MyEtherWallet account, but you have lost your account private key, and so you don’t know how to login to your MyEtherWallet wallet and have access to your KBC coins, then I am sorry. As far as I know, there is nothing you can do, nor there is anybody who can help you out with this problem.

8. If someone, for example a hacker, has stolen your MyEtherWallet account private key and robbed your KBC coins, then I am sorry again, because as far as I know, it is so hard to recover your stolen KBC coins. Click here to learn more about this issue.

9. If you are a hacker or thief and you have stolen some people’s KBC coins and have moved them to some other wallets, and now you are waiting to become a multimillionaire using the others’ coins and investments, then I have to say sorry again, because you are in deep shit already! 😀

You are already on the radar screen and your wallets and accounts are either frozen or under investigation. You won’t be able to cash out even one cent of what you have stolen, because everything has already been blocked and frozen.

Soon your mugshot will be published on the sites and newspapers, and you will have to see your family from behind the bars. Just wait and see. You thought you were too smart, but soon you will realize that you are the most stupid person in the world. You can’t steal from people and expect to live in quiet and peace.

10. The rule of thumb in any investment is that you invest the money you can afford to lose. I have seen so many who have used a line of credit to buy the KaratBars coins. This is literally insane.

If you are among those who want to buy KBC from the market or buy KCB through buying KaratBars’ profit packages, do it wisely and invest the money you can afford to lose. I have seen so many people who have lost their shirts on these things. Please be extremely careful.

Once again, what I explained above were some news, tips and examples based on some assumptions. They are not investment or trading advice. You are the one who takes risks. You have to be aware of this.

11. If you are among those who think this is all nonsense and scam, please don’t tell me. It is none of my business, because I am not promoting anything here. I just tried to eliminate the confusions of those who have bought KBC and KCB coins and want to know what will happen to their investments. That is all.

12. Last but not the least… If you are a KaratBars affiliate and you want to make a fortune with it, you must follow me and my system. Why?

Because we have been able to refer close to 7000 people to our KaratBars team within a very short time, which is something that many others haven’t been able to achieve even 10% of it within several years. This is something nobody else has done so far. We have achieved this using my fully-automated system. If you want to repeat my success, submit your email using the below form to subscribe to my newsletter and then wait for me to let you know what to do.

Good luck! 😀


Please subscribe to my newsletter and let me keep in touch with you. I won't spam you. I will keep you updated about my programs and plans. You need me if you really want to change your life:

Published by

Vahid Chaychi

Vahid is an experienced web developer and internet marketer since 2002. He has been able to become the top seller/earner and affiliate with several different companies. He has launched his own affiliate programs as well. He is a blogging and WordPress expert with lots of enthusiasm in blogging and vlogging to share his knowledge and experience. He is also a serious Kyokushin Karate warrior and a good snowboarder. Follow him if you like to become a successful entrepreneur and businessperson.

73 comments:

  1. Good article. I would like to see you do something on the value of gold verus dollar. A lot of people post about buy Classic Gold at a premium price but the spot price is much lower specifically from a customer perspective not from an affiliate perspective.

    1. As I have explained in my article, gold spot price is not the real gold price and is always much lower. That is not the price that you can receive physical gold with.

  2. Good explanation thank you but as a Karatbars affiliate you are not allowed to call it an “investment” or to project monaraty values…just something to be mindful of

  3. Thank you Vahid. So the way I understand your calculations for KCB (and as you say in point 2), if the value of KBC/KCB goes UP on the market (after hardfork day), we LOSE money. Is this correct?

    1. Thank you too Richard 🙂

      No, we won’t lose if we hold our GSC and then exchange it for CashGold later. We are buying one KCB for 0.14 euro now. Even if one KBC equals one KCB on the hardfork day, then each KCB will turn into one GSC. Then, if each GSC equals one gram of CashGold (currently 52 euros) in 2023, I don’t think we are going to lose anything.

      1. Thank you again Vahid. Sorry but I’m not sure I’m expressing my question correctly…
        You said that “If the KBC’s market value goes up, then you will have less number of GSC after the hardfork day.”
        Maybe we don’t lose money, but less number of GSC means less money, no?

        1. You’re welcome Richard.
          Yes, this is true that if the KBC’s market value goes up, then it will result in having less number of GSC after the hardfork day.
          And yes… less number of GSC means less money, but it doesn’t necessarily equal losing money, because even in January 2020, we can exchange each 75 GSC for one gram of CashGold which is currently 52 euros. To lose money on this, the KBC’s market value has to go much much higher than what it currently is, which is so unlikely. But even if this happens, just holding the GSC coins for a longer time can turn our loss to profit. This is something we can figure out for now. We have to wait and see.

  4. Hi Vahid, Thanks a lot for this summary including your thoughts. I still believe in karatbars even if my downline did not. Can I use this for my affiliates as well? Have a nice day. Regards, Wolf

    1. Hi Wolf,
      Thank you too 🙂
      Yes, you can refer your affiliates to this page. We can set up our fully automated system for them to help them grow their KaratBars team. This is what we did for our own affiliates as well.

  5. Hi Vahid, Is there any pressure to merge the coins? My concern is if KBC price stays low – hardfork day will never come? Or will it definitely happen before Jan 2020?

    1. Hi Ernst,
      Yes, they have to do it finally.
      But you are right. If the KBC price doesn’t go up, they will have to postpone the hardfork day again.

  6. We should not counting 1g of gold is 52€ ect. Because we actually not receive a 1g of gold we receive 10×0.10g which makes price 50-60% down. So 10 cash gold x 0.1g 24 karat gold is worth no more that 20£. So the value of the gold is not only the quality karat and brand but also weight which cash gold is the lowest weight ever for bullion

    1. A 0.1 gr of KaratBars CashGold which is 999,9 finest quality gold, is currently worth €5.22.
      Therefore, ten 0.1 gr CashGold is worth €52.20.
      In Jan 2020 and after, you can exchange 75 GSC for one gram of CashGold which is currently €52.20.

    1. Do you have funds in your Karatbit account?
      By the say, if you are talking about your coins, this is what you can do:
      You can’t transfer them to your MasterCard or bank account.
      You can withdraw them to your other wallets and then exchange, trade or sell them.

  7. Are you able to create a tool or something like a spreadsheet that allows me to input my current number of KBC and KCB to see what my value could be based on the example that you layer out in your example?

    1. Hi Kendrick,

      Great idea… Thank you 🙂

      Here is the spreadsheet:
      https://www.vahidchaychi.com/downloads/KBC-KCB.xls

      You just need to (1) enter the number of your KBC and KCB coins, (2) the KBC Market Price in USD cents on the Hardfork day (for example 2 which means 2 cents), and also (3) the KaratBars market price of a one gram CashGold according to this screenshot:
      https://www.vahidchaychi.com/wp-content/uploads/2019/09/KBC-KCB-SpreadSheet.jpg

    1. You don’t have to have both. IF you only have KCB, then it will be converted into GSC through the same formula. You divide 14 into the KBC market price on the hardfork day, and then multiply it to the number of your KCB. For example, let’s say you have 100,000 KCB and the KBC market price is 2 cents on the hardfork day. Then you will have 700,000 GSC:
      14 / 2 = 7
      100,000 x 7 = 700,000 GSC

      1. KCB: Master Nodes & Full Nodes Vahid, Would you kindly explain how these are used to earn a subsidy income. What are the pay outs to the holders, how often, how are payments made and in what form. When would the first payment be. I am a bit confused.Thank you.

  8. Vahid, We don’t have to have both coins. However, I am a bit confused because there is a situation where it is best when KBC are low because when converting we have more GSC or mainnet KBC, but I see that they wait for the KBC to go up before the Hardfork will happen. So if the KBC are going up this will impact the amount of GSC/mainnet KBC if we do have KCBs, no?

    1. Yes, you are right.
      The higher the KBC’s market price on the hardfork day, the lower number of GSC you will have.

    1. KBC is not under the KaratBars control anymore. It is being bought/sold on the free market. But KaratBars still can sell KCB because it hasn’t been entered to the free market yet.

  9. I’ve linked the accounts, but in KaratBit – Wallet &Balance my KCB’s still don’t appear. Maybe it takes some more time?

  10. Vahid, on my understanding i do think we get a win-win scenario here. because if the market price goes up during the hard fork we make a good profit, only if we sell it on the market price. But if the market price maintained low, i.e. 2 cents, we also make a good profit. Correct me if i’m wrong. Thanks,

    1. Thank you too.
      For you, we will launch the same system we used to refer people to KaratBars and grow our team dramatically.

    1. Hi Maggie,
      Yes. You can buy KCB through buying Profit Packages at karatgold.sg.
      You can buy KBC from the cryptocurrency market which is a little harder and is more expensive and have some extra expenses.

  11. Hi there.
    In January after the hardfork day, lets say you want to sell half of your mainnet Coins, how will we go about in doing that?
    Will we be able to get paid into our karatbars matercard account?
    And can we sell it all at once? what fees will there be?
    Lets say, the market price in January goes higher than 2 cents, will you sell some coins bases on the 100 kbc to the 1 gram rule at a 2 cents conversation or will you sell at 75 kbc to a gram let say at 10cents market share?

    1. Hi there,

      > In January after the hardfork day, lets say you want to sell half of your mainnet Coins, how will we go about in doing that?
      You can do it the way that you can sell your kBC coins now.

      > Will we be able to get paid into our karatbars matercard account?
      No. MasterCard has nothing to do with your coins. Only your KaratBars commissions as an affiliate will be deposited in your MasterCard.

      > And can we sell it all at once?
      Yes, you can. It depends where you want to sell them.

      > what fees will there be?
      You should ask the platform where you want to sell your coins.

      > Lets say, the market price in January goes higher than 2 cents, will you sell some coins bases on the 100 kbc to the 1 gram rule…
      In Jan of 2020 and after, you can exchange each 75 coins for 1gr cashgold, no matter what the market price is.

      1. hi. noted thank you. So the merge after hard fork will not be like the change from KBC to Bonus Univals where when you exchange the gold to cashgold we pay a fee of 4kbc? we can, if needed in Jan change 100000 coins on the market and get paid at once in USD? will the hardfork date change?

        1. > So the merge after hard fork will not be like the change from KBC to Bonus Univals where when you exchange the gold to cashgold we pay a fee of 4kbc?
          No, it should be different.

          > We can, if needed in Jan change 100000 coins on the market and get paid at once in USD?
          You can do it even now.

          > Will the hardfork date change?
          It is possible.

  12. Vahid, for now we can’t on Karabit exchange unival for KBC. It is mention currently unavailable, try again.
    Does Karatbar want to give the KBCs? Is the low value of KBCs is part of the why we can’t exchange them? for now anyway.

    1. I don’t know. Maybe it is a technical issue.
      If you want to buy KBC on KaratBit, you can use many other ways. For example, you can buy ETH on MyEtherWallet, send it to your KaratBit wallet and then use it to buy KBC.

    1. You shouldn’t lose them. They must convert to the new coin automatically. However, I personally preferred to transfer all my coins to KaratBit.

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