Monster Byte Inc (MBI) Live Price Chart & History

Live MBI / USD Price Chart

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Price USD -14.32%
$0.048649
Price BTC
0.00000538
Volatility (7d)
14.25 %
Volatility (30d)
6.97 %
Market Cap USD
$0.8M
Market Share
Since launching at $0.050096 on 13/08/2017 Monster Byte Inc has achieved a price of $0.0486489, falling @market_percent_change_7d% in the last week alone.

Monster Byte Inc Price Analysis: Predictions and Forecasts

Why buy Monster Byte Inc? What is it used for?

Monster Byte Inc. is a technology company which specializes in the development of custom-built Cryptocurrency Gambling software and websites. Since its inception in 2013, Monster Byte has been on a mission to become the world’s premier destination for cryptocurrency gamblers to not only wager on sports, but also bet on games of chance like Blackjack, Roulette, and Baccarat... Our company is seeking expansion and revenue growth by increased marketing and product development while also entering into wholesale B2B operations via white-labeling all existing software for resale and licensing purposes. Since its inception, Monster Byte Inc. has been on a mission to become the world’s premier destination for cryptocurrency gamblers to not only wager on sports, but also bet on casino games like Blackjack, Roulette, and Baccarat. We have a distinct advantage over our competitors as we can cater towards both the sports betting and casino game demographic. Further, our B2C portals are all well-established and have a great reputation within the bitcoin gaming community.
Monster Byte Inc was launched in 13/08/2017. It uses the Waves Consensus method of consensus, and is based on the N/A algorithm. Monster Byte Inc's goals include MonsterByte builds crypto-based gambling games with turnkey solutions and more. Monster Byte Inc aims to set itself apart from other cryptocurrencies due to --

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Monster Byte Inc Trading: How To Buy + Trade MBI

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 Monster Byte Inc 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 MBI
  5. Exchange your BTC, ETH or LTC for an amount of MBI, depending on the current exchange rate
  6. Move your Monster Byte Inc coins from the exchange to your private wallet to protect yourself from hacks or bankcrupcy at the exchange

The downsides of trading MBI on an exchange

As you can see, the process for trading Monster Byte Inc 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 Monster Byte Inc 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 Monster Byte Inc goes to zero

You can see our list of featured trading platforms here

Will the price Monster Byte Inc fall continue to rise?

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

  • In the past 7 days Monster Byte Inc has fallen by @market_percent_change_7d%
  • In the past month it has gained 12.468900502101%
  • In total it has fallen in value by $-0.0014471 since its inception, a change of 97.11%

Can Monster Byte Inc reach, replace, pass or overtake bitcoin?

At present Monster Byte Inc is trading at 0.00000538 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 18,587,360.6%. If we assume Monster Byte Inc continued to as it has in the last month - with a price change of 12.47% it would take 8.9632810248615 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of MBI is going to take off and increase in price to a higher level we've done the math for you.
In order for Monster Byte to reach $0.05 it needs to increase in price by a factor of 1.03x. Given its present growth rate of 12.47% per month, it could take just 0.1 months to hit a price target of $0.05 USD

What is the probability of hitting $0.05 over time?

Time periodChance final price > $0.05Chance final price < $0.05
1 week48.8%51.1%
1 month49.4%50.5%
3 months49.6%50.3%
6 months49.7%50.2%
1 year49.8%50.1%
2 years49.8%50.1%
3 years49.9%50%
4 years49.9%50%
5 years49.9%50%
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 Monster Byte to reach $0.10 it needs to increase in price by a factor of 2.06x. Given its present growth rate of 12.47% per month, it could take just 3.3 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 week22.7%77.2%
1 month35.9%64%
3 months41.7%58.2%
6 months44.1%55.8%
1 year45.8%54.1%
2 years47%52.9%
3 years47.6%52.3%
4 years47.9%52%
5 years48.1%51.8%
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 Monster Byte to reach $0.20 it needs to increase in price by a factor of 4.11x. Given its present growth rate of 12.47% per month, it could take just 6.5 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 week7.1%92.8%
1 month23.9%76%
3 months34.1%65.8%
6 months38.6%61.3%
1 year41.9%58%
2 years44.2%55.7%
3 years45.3%54.6%
4 years45.9%54%
5 years46.3%53.6%
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 Monster Byte to reach $0.25 it needs to increase in price by a factor of 5.14x. Given its present growth rate of 12.47% per month, it could take just 7.5 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 week4.4%95.5%
1 month20.6%79.3%
3 months31.8%68.1%
6 months36.9%63.1%
1 year40.7%59.2%
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 Monster Byte to reach $0.50 it needs to increase in price by a factor of 10.28x. Given its present growth rate of 12.47% per month, it could take just 10.7 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 week0.7%99.2%
1 month12.1%87.8%
3 months25%74.9%
6 months31.6%68.3%
1 year36.9%63%
2 years40.6%59.3%
3 years42.3%57.6%
4 years43.3%56.6%
5 years44%55.9%
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 Monster Byte to reach $1.00 it needs to increase in price by a factor of 20.56x. Given its present growth rate of 12.47% per month, it could take just 1.2 years 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 month6.5%93.4%
3 months19.1%80.8%
6 months26.8%73.1%
1 year33.2%66.7%
2 years37.9%62%
3 years40.1%59.8%
4 years41.4%58.5%
5 years42.3%57.6%
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 Monster Byte to reach $5.00 it needs to increase in price by a factor of 102.78x. Given its present growth rate of 12.47% per month, it could take just 1.8 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 month1%98.9%
3 months9%90.9%
6 months17.1%82.8%
1 year25.3%74.6%
2 years31.9%68%
3 years35%64.9%
4 years36.9%63%
5 years38.3%61.6%
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 Monster Byte to reach $10.00 it needs to increase in price by a factor of 205.55x. Given its present growth rate of 12.47% per month, it could take just 2.0 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 month0.3%99.6%
3 months6.1%93.8%
6 months13.8%86.1%
1 year22.2%77.7%
2 years29.4%70.5%
3 years32.9%67%
4 years35.1%64.8%
5 years36.6%63.3%
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 Monster Byte to reach $15.00 it needs to increase in price by a factor of 308.33x. Given its present growth rate of 12.47% per month, it could take just 2.2 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 month0.2%99.7%
3 months4.8%95.1%
6 months12%87.9%
1 year20.5%79.4%
2 years28%71.9%
3 years31.7%68.2%
4 years34%65.9%
5 years35.6%64.3%
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 Monster Byte Inc a good investment? Is it safe to put my money into MBI?

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

It is certainly possible to profit from an increase in the value of MBI - 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

Monster Byte Inc Development + Team

There are @research_team_dev_size developers coding the source behind Monster Byte Inc There are no sales or marketing staff on the team which could impede the coin's growth.

Monster Byte Inc 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 not regularly updated, making it hard to track progress on their work

.

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