Welcome back to the blog, this article will discuss the “Future Price Predictions for OneCoin.” I personally don’t believe in predictions. It’s hard to predict the price of cryptocurrencies because there are many deciding factors. But considering the factors around the OneCoin, we will try to elaborate the elements that can affect the OneCoin price in future.
Also read: OneCoin Facts in 2018
How does OneCoin Works?
Before going into the depth of the question “What are Some Future Price Prediction for OneCoin” let’s have a look at the OneCoin functionality. I mean how coins are generated through mining?. I’m not an expert in cryptocurrency but will try my best to make the things easy.
The total number of OneCoin to be mined is 120 Billion. Each OneCoin mined is increasing the difficulty of mining the upcoming coins. Whenever the difficulty barometer touches the 100, the value of OneCoin increases.
The total number of OneCoin to be mined is 120 Billion. Each OneCoin mined is increasing the difficulty of mining the upcoming coins. Whenever the difficulty barometer touches the 100, the value of OneCoin increases.
Now, you will ask, why and how difficulty barometer touch the 100?
Let me explain, the increase in difficulty barometer depends on several factors. The main factors are:
- The total number of coins mined/ Coin mining capacity.
- Users/Usability
- Total investment
The company has set specific algorithm with specific formulas. The algorithm automatically counts the data and as a result, increase the difficulty barometer.
Let’s make it easier. When the user purchases a package, he got some tokens in return for his payment.
Later on, these tokens are sent for mining and they convert into coins. In 2014, when OneCoin started its journey the 5 tokens turned into 1 OneCoin.
Later on, these tokens are sent for mining and they convert into coins. In 2014, when OneCoin started its journey the 5 tokens turned into 1 OneCoin.
5 Tokens = 1 OneCoin
But as the difficulty level is increasing, the process of mining new coin become complicated. In 2018, 208 tokens turned to 1 OneCoin.
208 Tokens = 1 OneCoin
Now, you can feel the difference. OneCoin is growing despite a lot of negativity.
Let’s try to understand the scenario with an example.
If you want to buy a starter package. You will pay 110 Euro and in return, you will get 800 tokens and one split. These tokens will go for mining and the algorithm will change your tokens into coins. According to recent policy 2018, 208 tokens turn into 1 coin.
208 Tokens = 1 OneCoin
Now let’s divide 1600 tokens by 208.
1600/208= 7.69
Thus you get 7.69 coins in your starter package. The other packages work in a similar way.
Now, I hope you have understood that “How does OneCoin Works.” The purpose of this brief discussion is to understand the factors that can affect the price of OneCoin in future. Now we will be discussing Future Price Predictions for OneCoin. Keep in mind that the below-mentioned calculations are just predictions.
OneCoin Price at the Time of Launch
It is estimated that OneCoin will go live with a price between 20–30 Euro. These estimations are based on the current growing user base of OneCoin. We will further discuss the future price predictions for OneCoin.
Future Price Predictions for OneCoin
Let’s back to the topic ‘Future Price Predictions for OneCoin’. Dr. Ruja has done her job by introducing centralized system and network marketing concept for the cryptocurrency. Now, the rest of the work will be done by users. The users have to grow the community through network marketing.
The proper strategy is the key to a successful launch and Dr. Ruja and the team are working on it.
The company is trying to grow its user base before the launch of Coin to open market. If the company will have a strong user base they will have a large number of coins to go out in the market. Ultimately, the price will go up. Because the difficulty level will increase with respect to new coin mined.
According to experts, once the coin launch to open market, the users need to hold the coin for 5 to 6 months. The new coming users will buy coins from the company. There will be more mining, more demand, and more supply of the coin. And the result will increase in OneCoin value.
The current OneCoin value is 20.75 Euro. OneCoin will be launch to open market on 8th October 2018. It will be the users that decide the future of OneCoin after its launch to open market. Dr. Ruja has provided an amazing strategy to its users.
Now, if the users keep their coins on hold 5 to 6 months after its launch to open market the price will go high. The reason is simple, the new coming users will be buying new coins. Thus the difficulty rate will increase and as a result, the price of the coin will increase.
On the other hand, if people rush to sell their coins just after the coin launch to open market. The price can go down. Because the new users will be purchasing the coins from other users.
There will be no more new coins coming to market. As a result, the difficulty rate will decrease and the price will go down. Cryptocurrency value is driven by supply and demand – and demand is driven by brand and usability.
However, public trading was delayed mostly because we need to wait for regulation. The vision of OneCoin is not just to be a tradable asset but global payment currency. OneCoin is not like other cryptos, it will not be an asset. Possibly they have conditions to be regulated as money. Here is the list of members per country that are associated with OneCoin.
If governments adopt regulations, OneCoin has the potential to grow. Because the advanced centrally controlled blockchain will make fast and simple global payments possible. Its KYC in the blockchain can make it government-friendly so we might see multimillion user adoption. That way price may go up to 100 until 2020.
I mean, if Bitcoin will be $10,000 with 3 million users (Cambridge study found that whole crypto world has 3million users with some coins or tokens), and 16.6 million coins in circulation.
Then by the same math OneCoin needs 105 Million users to have 100 Euro price with 56 Billion ONE in circulation (that is number of ONE that will be mined by October 2018). The rest of the coin will be held by the company to control the price.
105 million active people do not look so many for 7 Billion people on the planet and if OneCoin enters the mainstream.
The company is trying their best to hold the maximum coins to control the stability of fluctuation at the time of launching. As I mentioned in my previous article, at the time of OneCoin launch only small investors who hold a very limited amount of coins will run for selling their coins.
The big investors will happily buy their coins and then the same small investor will return to xcoinx after 6 months to buy his same coin which he sold for a cheap price. And they will pay double of the price in hopes to sell for a better price.
OneCoin will be publicly traded on its own exchanges after October 08 2018. It is estimated that OneCoin will go live with a price between 20–30 Euro. And later we cannot say, might go up might go down or up depending on its usability. These are just some predictions. Don’t consider it as final price for OneCoin in future. Let’s see what happens after 8th October.
Hope for the best. So far, we have discussed Some Future Price Predictions for OneCoin. If you find this article informative or it adds something to your knowledge about OneCoin, share with your friends and fellows.
So, if you guys want to see OneCoin growing, hold your coins after 5 to 6 month of its launch to open market. It will help in OneCoin stability and growth.
OneCoin Price Future Price Prediction by Denis Murdock
Denis Murdock is a Digital Currency Consultant. According to Denis Murdock, we could project the future price of OneCoin based on past history as follows:
OneCoin projected price for December 2018 – €41/$49 ($65.15 AUD)
OneCoin projected price for December 2019 – €82/$98 ($130.30 AUD)
OneCoin projected price for December 2020 – €164/$198 ($260.60 AUD)
OneCoin projected price for December 2021 – €331/$398 ($625.59 AUD)
There are 2 main factors to consider when projecting OneCoin future price:
1. Public: How the public exchange will affect global demand and consequent price after October 2018
2. Usability: The quantity and quality of merchants and diversity of products and services offered affect the usability of OneCoin, as well as the ease of use and popularity of the merchant platform
Note: If you find any mistake in calculations or some spelling mistake please let me know in the comment below. And share your views about OneCoin launch price and future price predictions for OneCoin.
Share this article with your friends and fellows to let them know future price predictions for OneCoin. Let spread awareness and positivity about OneCoin.
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