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BlakeStar (BLAS) Live Price Chart & History

Live BLAS / USD Price Chart

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Risk Warning: Your capital is at risk

Price USD 20.77%
$0.076232
Price BTC
0.00000937
Volatility (7d)
3.76 %
Volatility (30d)
5.12 %
Market Cap USD
$25.3M
Market Share
Since launching at $0.000135318 on 31/07/2017 BlakeStar has achieved a price of $0.0762323, rising 8.88% in the last week alone.

BlakeStar Price Analysis: Predictions and Forecasts

Why buy BlakeStar? What is it used for?

BlakeStar is a new crypto-currency, freely available globally. It is based on a peer-to-peer network protocol that allows people to store, place transactions and earn substantial interest on investment (PoS) with a focus on high performance, longevity and adoption by services... @research_abstract
BlakeStar was launched in 31/07/2017. It uses the Proof of Work & Proof of Stake method of consensus, and is based on the @market_algorithm algorithm. BlakeStar's goals include BlakeStar is a free open-source project partially derived from Bitcoin (inheriting all its stability), but improved using the new Blake2s hasing algorith. Blake2s itself is a high speed, optimized cryptographic hashing algorithm used for Proof-of-Work and Proof-of-Stake hashes in BlakeStar for performance with low load. It uses Proof-of-Work, but unlike Bitcoin it is configured to transition to Proof-of-Stake, when small numbers of coins will be issued yearly for staking (10% yearly). The advantage of transitioning to Proof-of-Stake is to avoid the centralized mining pools that may eventually threaten Bitcoin with a 51% attack. Most Bitcoin mining has been centralized in China, which is not necessarily a good thing for the currency. Proof-of-Stake is known to discourage centralized mining pools. Originally dependent on the “libb2” library version of the Blake2s reference distribution, the blake2s reference implementation has now been directly baked-in for ease of compilation across platforms. Users no longer need to download and install libb2 separately. This makes BlakeStar ideally suited for dedicated staking devices and low-power/low-spec systems..

Trading BlakeStar : The Best Platforms to trade BLAS

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Risk Warning: Your capital is at risk

BlakeStar Trading: How To Buy + Trade BLAS

Many of the 'long tail' of cryptocurrencies are currently only available at a handful of exchanges, many of which will not accept direct US Dollar, GBP or EUR deposits. In order to make a trade, you need to:
  1. Create a Bitcoin, Litecoin or Ethereum wallet
  2. Create a BlakeStar wallet to recieve your coins
  3. Buy either BTC, ETH or LTC at an exchange you trust, making a deposit by bank transfer or credit card
  4. Transfer the major coin you have bought to an exchange that trades BLAS
  5. Exchange your BTC, ETH or LTC for an amount of BLAS, depending on the current exchange rate
  6. Move your BlakeStar coins from the exchange to your private wallet to protect yourself from hacks or bankcrupcy at the exchange

The downsides of trading BLAS on an exchange

As you can see, the process for trading BlakeStar is not entirely straightforward or without risks. Exchanges are notorious for bad security and there have been several major incidents of hacking or an exchange 'going bust' with the losses to coin holders in the hundreds of millions. It is not safe to keep coins on any exchange, yet moving between exchanges or from an exchange to your wallet will incur fees.

Furthemore, its not uncommon for exchanges to go offline during periods of high volatility - means should the price of BlakeStar crash you may find yourself unable to trade out of the currency and into a safe haven due to their site crashing.

What's the alternative?

If you plan to trade, rather than buying to hold, we recommend trading with a CFD or forex broker. It may limit your choice of currency, but has considerable advantages:

  • The brokers are established and regulated by financial conduct authorities
  • Brokers regulated in Europe offer deposit protection: if they go bust your deposit will be refunded by the goverment (though not your open trades!)
  • Deposits and trades can be made directly in a currency you are comfortable with - USD, EUR or GBP. No need to calculate multiple exchange rates to know your profit.
  • Forex brokers are accustomed to high volatility and are better prepared for spikes of traffic. In a bear market, you should have a better chance of closing trades and getting your money out before BlakeStar goes to zero

You can see our list of featured trading platforms here

Will the price BlakeStar fall continue to rise?

It's impossible to predict for sure if BlakeStar is due for a crash or is headed to the moon, but this is what we do know:

  • In the past 7 days BlakeStar has risen by 8.88%
  • In the past month it has gained 89.212333988685%
  • In total it has appreciated by $0.076096982 since its inception, a change of 56,335.67%

Can BlakeStar reach, replace, pass or overtake bitcoin?

At present BlakeStar is trading at 0.00000937 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 10,672,358.6%. If we assume BlakeStar continued to as it has in the last month - with a price change of 89.21% it would take 1.5929358142962 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of BLAS is going to take off and increase in price to a higher level we've done the math for you.
In order for BlakeStar to reach $0.10 it needs to increase in price by a factor of 1.31x. Given its present growth rate of 89.21% per month, it could take just 1.0 months to hit a price target of $0.1 USD

What is the probability of hitting $0.10 over time?

Time periodChance final price > $0.1Chance final price < $0.1
1 week35%64.9%
1 month42.6%57.3%
3 months45.7%54.2%
6 months46.9%53%
1 year47.8%52.1%
2 years48.5%51.4%
3 years48.7%51.2%
4 years48.9%51%
5 years49%50.9%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for BlakeStar to reach $0.20 it needs to increase in price by a factor of 2.62x. Given its present growth rate of 89.21% per month, it could take just 3.7 months to hit a price target of $0.2 USD

What is the probability of hitting $0.20 over time?

Time periodChance final price > $0.2Chance final price < $0.2
1 week8.6%91.3%
1 month25.5%74.4%
3 months35.2%64.7%
6 months39.4%60.5%
1 year42.5%57.4%
2 years44.6%55.3%
3 years45.6%54.3%
4 years46.2%53.7%
5 years46.6%53.3%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for BlakeStar to reach $0.25 it needs to increase in price by a factor of 3.28x. Given its present growth rate of 89.21% per month, it could take just 4.6 months to hit a price target of $0.25 USD

What is the probability of hitting $0.25 over time?

Time periodChance final price > $0.25Chance final price < $0.25
1 week4.6%95.3%
1 month20.9%79%
3 months32%67.9%
6 months37%62.9%
1 year40.8%59.1%
2 years43.4%56.5%
3 years44.6%55.3%
4 years45.3%54.6%
5 years45.8%54.1%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for BlakeStar to reach $0.50 it needs to increase in price by a factor of 6.56x. Given its present growth rate of 89.21% per month, it could take just 7.2 months to hit a price target of $0.5 USD

What is the probability of hitting $0.50 over time?

Time periodChance final price > $0.5Chance final price < $0.5
1 week0.3%99.6%
1 month9.9%90%
3 months22.9%77%
6 months30%69.9%
1 year35.6%64.3%
2 years39.7%60.2%
3 years41.5%58.4%
4 years42.7%57.2%
5 years43.4%56.5%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for BlakeStar to reach $1.00 it needs to increase in price by a factor of 13.12x. Given its present growth rate of 89.21% per month, it could take just 9.9 months to hit a price target of $1 USD

What is the probability of hitting $1.00 over time?

Time periodChance final price > $1Chance final price < $1
1 week0%99.9%
1 month3.9%96%
3 months15.5%84.4%
6 months23.6%76.3%
1 year30.7%69.2%
2 years36.1%63.9%
3 years38.5%61.4%
4 years40%59.9%
5 years41%58.9%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for BlakeStar to reach $5.00 it needs to increase in price by a factor of 65.59x. Given its present growth rate of 89.21% per month, it could take just 1.3 years to hit a price target of $5 USD

What is the probability of hitting $5.00 over time?

Time periodChance final price > $5Chance final price < $5
1 week0%100%
1 month0.2%99.7%
3 months4.9%95%
6 months12.2%87.7%
1 year20.6%79.3%
2 years28.1%71.8%
3 years31.8%68.1%
4 years34.1%65.8%
5 years35.7%64.2%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for BlakeStar to reach $10.00 it needs to increase in price by a factor of 131.18x. Given its present growth rate of 89.21% per month, it could take just 1.6 years to hit a price target of $10 USD

What is the probability of hitting $10.00 over time?

Time periodChance final price > $10Chance final price < $10
1 week0%100%
1 month0%99.9%
3 months2.7%97.2%
6 months8.7%91.2%
1 year17%82.9%
2 years25%74.9%
3 years29.1%70.8%
4 years31.6%68.3%
5 years33.4%66.5%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for BlakeStar to reach $15.00 it needs to increase in price by a factor of 196.77x. Given its present growth rate of 89.21% per month, it could take just 1.7 years to hit a price target of $15 USD

What is the probability of hitting $15.00 over time?

Time periodChance final price > $15Chance final price < $15
1 week0%100%
1 month0%99.9%
3 months1.8%98.1%
6 months7%92.9%
1 year15%84.9%
2 years23.2%76.7%
3 years27.5%72.4%
4 years30.2%69.7%
5 years32.2%67.7%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy
In order for BlakeStar to reach $25.00 it needs to increase in price by a factor of 327.94x. Given its present growth rate of 89.21% per month, it could take just 1.9 years to hit a price target of $25 USD

What is the probability of hitting $25.00 over time?

Time periodChance final price > $25Chance final price < $25
1 week0%100%
1 month0%99.9%
3 months1.1%98.8%
6 months5.3%94.6%
1 year12.8%87.1%
2 years21.1%78.8%
3 years25.6%74.3%
4 years28.5%71.4%
5 years30.6%69.3%
These probabilities are an illustration based on a Monte Carlo simulation, calculated on the past 30 days historical volatility. We make no claim for real world accuracy

Is BlakeStar a good investment? Is it safe to put my money into BLAS?

No, it is not a 'good investment' to buy BlakeStar, and given the market volatility it is certainly not safe either. We would urge you to not to consider buying or trading BlakeStar as an investment but purely speculation.

It is certainly possible to profit from an increase in the value of BLAS - and if you short the coin you might even profit from a crash in the market.

However with so much uncertainty in the market the best you can do is make an educated guess as to the direction of the price or the mood of the market. If you're not informed on the fundamentals that's pretty close to a gamble.

Remember, your capital is at risk.. Trading conditions can change at any time without prior notice. Buying, holding or trading is a high risk activity that may incur significant losses over a short period of time

Market Sentiment

BlakeStar Development + Team

There are 2 developers coding the source behind BlakeStar There are no sales or marketing staff on the team which could impede the coin's growth.

BlakeStar doesn't publish bios or social profiles of their team members, making it harder to understand who is behind the project.

The team is not active on the social media channels, which can be a troubling sign. Their blog is updated regularly with news and information on BlakeStar's development

.

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