BitBean Profit Calculator or you can say BitBean ROI Calculator is a simple tool to calculate how much profit you would have made if you had invested in BitBean (BITB) in past. This helps you measure the return on investment (ROI) of BitBean (BITB) .
If you are looking for mining calc check it here: BitBean Mining Calculator
This BitBean Profit Calculator uses a simple mathematical principal to calculate the ROI of BitBean. It fetches the historical BitBean price from the database and compares with current BitBean Price and calculate the profit or loss made on it.
It does this simple calculation get the amount BitBean you would have got by investing x$'s on that day ($x/price of BitBean). Now it calculates the current price of that amount in USD (current BitBean price * amount of BitBean 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_BITB_price = Price of BITB in past date;
$quantity_BITB = Quantity of BITB in past = $amount invested / $price_on_that_day;
$price_BITB = Current price of BITB;
$USD_today = ($price_BITB * $quantity_BITB) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of BitBean you can check it here: BitBean Price Prediction. This predictions are based on various algorithms applied on the historical price of the BitBean.
If you have any query regarding the above calculator you can comment it in comment box below.
