Rubies (RBIES) Live Price Chart & History

Live RBIES / USD Price Chart

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Price USD -29.33%
$0.043388
Price BTC
0.00000410
Volatility (7d)
1.66 %
Volatility (30d)
3.64 %
Market Cap USD
$0.5M
Market Share
Since launching at $0.0285547 on 22/02/2016 Rubies has achieved a price of $0.0433878, falling -36.36% in the last week alone.

Rubies Price Analysis: Predictions and Forecasts

Why buy Rubies? What is it used for?

Rubies is a Business and Entertainment Crypto Currency. RBIES coin is mined though bet-mining... @research_abstract
Rubies was launched in 22/02/2016. It uses the Proof of stake method of consensus, and is based on the N/A algorithm. Rubies's goals include 1. Over 5000 people from the digital currency community own Rubies right from launch, this model should ensure a wide distribution from the start. 2. Bet-Mining new Rubies will help determine the price per coin, if people determine that it takes 0.015 BTC to make 1 BTC betting volume to unlock 30 Rubies via Bet-Mining, then that would put each Ruby valued at 0.0005 BTC. Markets will ultimately determine the value however, this gives people a starting point to consider when trading opens. The cost to Bet-Mine is similar in theory to the cost of mining a proof of work coin and through this comparison a base price can be determined. 3. Instant real world use of Rubies through an established and trusted casino; business backed and investor driven..

Trading Rubies : The Best Platforms to trade RBIES

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Rubies Trading: How To Buy + Trade RBIES

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

The downsides of trading RBIES on an exchange

As you can see, the process for trading Rubies 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 Rubies 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 Rubies goes to zero

You can see our list of featured trading platforms here

Will the price Rubies fall continue to rise?

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

  • In the past 7 days Rubies has fallen by -36.36%
  • In the past month it has gained 52.890171055098%
  • In total it has appreciated by $0.0148331 since its inception, a change of 151.95%

Can Rubies reach, replace, pass or overtake bitcoin?

At present Rubies is trading at 0.00000410 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 24,390,243.9%. If we assume Rubies continued to as it has in the last month - with a price change of 52.89% it would take 2.5033159101553 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of RBIES is going to take off and increase in price to a higher level we've done the math for you.
In order for Rubies to reach $0.05 it needs to increase in price by a factor of 1.15x. Given its present growth rate of 52.89% per month, it could take just 0.6 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 week38.9%61%
1 month44.5%55.4%
3 months46.8%53.1%
6 months47.7%52.2%
1 year48.4%51.5%
2 years48.9%51%
3 years49.1%50.8%
4 years49.2%50.7%
5 years49.3%50.6%
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 Rubies to reach $0.10 it needs to increase in price by a factor of 2.30x. Given its present growth rate of 52.89% per month, it could take just 3.4 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 week4.8%95.1%
1 month21.1%78.8%
3 months32.2%67.7%
6 months37.1%62.8%
1 year40.9%59%
2 years43.5%56.4%
3 years44.7%55.2%
4 years45.4%54.5%
5 years45.9%54%
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 Rubies to reach $0.20 it needs to increase in price by a factor of 4.61x. Given its present growth rate of 52.89% per month, it could take just 6.3 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 week0.1%99.8%
1 month7.1%92.8%
3 months19.8%80.1%
6 months27.4%72.5%
1 year33.7%66.2%
2 years38.3%61.6%
3 years40.4%59.5%
4 years41.6%58.3%
5 years42.5%57.4%
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 Rubies to reach $0.25 it needs to increase in price by a factor of 5.76x. Given its present growth rate of 52.89% per month, it could take just 7.2 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 week0%99.9%
1 month4.6%95.3%
3 months16.6%83.3%
6 months24.6%75.3%
1 year31.5%68.4%
2 years36.6%63.3%
3 years39%60.9%
4 years40.4%59.5%
5 years41.4%58.5%
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 Rubies to reach $0.50 it needs to increase in price by a factor of 11.52x. Given its present growth rate of 52.89% per month, it could take just 10.1 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%100%
1 month0.9%99%
3 months8.8%91.1%
6 months16.9%83%
1 year25%74.9%
2 years31.7%68.2%
3 years34.9%65%
4 years36.8%63.1%
5 years38.1%61.8%
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 Rubies to reach $1.00 it needs to increase in price by a factor of 23.05x. Given its present growth rate of 52.89% per month, it could take just 1.1 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%100%
1 month0.1%99.8%
3 months4.1%95.8%
6 months10.9%89%
1 year19.4%80.5%
2 years27.1%72.8%
3 years30.9%69%
4 years33.3%66.6%
5 years34.9%65%
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 Rubies to reach $5.00 it needs to increase in price by a factor of 115.24x. Given its present growth rate of 52.89% per month, it could take just 1.6 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%99.9%
3 months0.4%99.5%
6 months3.1%96.8%
1 year9.6%90.3%
2 years17.8%82.1%
3 years22.5%77.4%
4 years25.7%74.2%
5 years27.9%72%
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 Rubies to reach $10.00 it needs to increase in price by a factor of 230.48x. Given its present growth rate of 52.89% per month, it could take just 1.9 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%100%
3 months0.1%99.8%
6 months1.6%98.3%
1 year6.7%93.2%
2 years14.5%85.4%
3 years19.4%80.5%
4 years22.7%77.2%
5 years25.1%74.8%
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 Rubies to reach $15.00 it needs to increase in price by a factor of 345.72x. Given its present growth rate of 52.89% per month, it could take just 2.0 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%100%
3 months0%99.9%
6 months1.1%98.8%
1 year5.4%94.5%
2 years12.8%87.1%
3 years17.6%82.3%
4 years21%78.9%
5 years23.6%76.3%
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 Rubies a good investment? Is it safe to put my money into RBIES?

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

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

Rubies Development + Team

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

Rubies 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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