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Scorecoin (SCORE) Live Price Chart & History

Live SCORE / USD Price Chart

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Price USD 24.78%
$0.009215
Price BTC
0.00000103
Volatility (7d)
3.13 %
Volatility (30d)
6.00 %
Market Cap USD
$0.4M
Market Share
Since launching at $0.000150258 on 01/04/2017 Scorecoin has achieved a price of $0.00921529, rising 40.82% in the last week alone.

Scorecoin Price Analysis: Predictions and Forecasts

Why buy Scorecoin? What is it used for?

Scorecoin is a very promising alternative currency. Its main usage is to be a “in-game” currency for gaming. While it has been already implemented in some Browser games, such as Dragon Knights of Valeria 2, its been also listed on hundreds of cryptocurrency lists, integrated in payment gateways, mobile apps and websites. It enjoys the strength of a very strong community, consisting of thousands of followers. With the recent upgrade to a full POS coin, supporting Masternodes and the latest crypto currency technologies, we are very confident that Scorecoin will aim a seat between the global players. This target is also motivated by high trading volumes, partly up to 2 million US dollars, from the past... Scorecoin provides game developers and gamers with a cryptocurrency that can be used in-game on a variety of games and platforms. In this section, several of the underlying principles of cryptocurrency used in Scorecoin are briefly defined. Scorecoin was published on 23/2/2017 for use as a currency in gaming applications. The “Score” in Scorecoin is references the use of the word “score” in gaming as a measure of players’ performance (High Score, etc.) and was selected to create a reference to the use of Scorecoin as an in-game currency. This is intended to make it easy for people without specific knowledge of the coin to associate it with gaming. The name of a coin is its most important signature and, if chosen wisely, associates the coin with its intended purpose (like Scorecoin is associated with gaming). Scorecoin is designed to revolutionize in-game economies for mobile gaming apps. By providing a scalable, secure in-game currency that can be used on a variety of mobile platforms and within many gaming applications, Scorecoin revolutionizes gaming. Developers can easily interact with the Scorecoin blockchain and perform lightning-fast transactions with all of the built-in security of the blockchain. Gamers can use Scorecoin in a variety of gaming applications and achieve a new level of connection and syngery between their various gaming experiences. Scorecoin is well-positioned to become a major player in the gaming sphere. With a large, established community and active, devoted developers, Scorecoin is continually growing and improving to better serve the all of the gaming community.
Scorecoin was launched in 01/04/2017. It uses the Proof of work method of consensus, and is based on the Scrypt algorithm. .

Trading Scorecoin : The Best Platforms to trade SCORE

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Risk Warning: Your capital is at risk

Scorecoin Trading: How To Buy + Trade SCORE

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

The downsides of trading SCORE on an exchange

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

You can see our list of featured trading platforms here

Will the price Scorecoin fall continue to rise?

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

  • In the past 7 days Scorecoin has risen by 40.82%
  • In the past month it has lost -15.648539547521%
  • In total it has appreciated by $0.009065032 since its inception, a change of 6,132.98%

Can Scorecoin reach, replace, pass or overtake bitcoin?

At present Scorecoin is trading at 0.00000103 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 97,087,378.6%. If we assume Scorecoin continued to as it has in the last month - with a price change of -15.65% it would take -7.0037898589488 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of SCORE is going to take off and increase in price to a higher level we've done the math for you.
In order for Scorecoin to reach $0.05 it needs to increase in price by a factor of 5.43x. Given its present growth rate of -15.65% per month, it could take just 8.8 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 week2%97.9%
1 month16.2%83.7%
3 months28.5%71.4%
6 months34.4%65.5%
1 year38.9%61%
2 years42.1%57.8%
3 years43.5%56.4%
4 years44.3%55.6%
5 years44.9%55%
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 Scorecoin to reach $0.10 it needs to increase in price by a factor of 10.85x. Given its present growth rate of -15.65% per month, it could take just 1.0 years 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 week0.2%99.7%
1 month8.2%91.7%
3 months21.1%78.8%
6 months28.5%71.4%
1 year34.5%65.4%
2 years38.9%61%
3 years40.9%59%
4 years42.1%57.8%
5 years42.9%57%
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 Scorecoin to reach $0.20 it needs to increase in price by a factor of 21.70x. Given its present growth rate of -15.65% per month, it could take just 1.3 years 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%99.9%
1 month3.6%96.3%
3 months15%84.9%
6 months23.2%76.7%
1 year30.4%69.5%
2 years35.8%64.1%
3 years38.3%61.6%
4 years39.8%60.1%
5 years40.9%59%
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 Scorecoin to reach $0.25 it needs to increase in price by a factor of 27.13x. Given its present growth rate of -15.65% per month, it could take just 1.4 years 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 month2.7%97.2%
3 months13.4%86.5%
6 months21.6%78.3%
1 year29.1%70.8%
2 years34.8%65.1%
3 years37.5%62.4%
4 years39.1%60.8%
5 years40.2%59.7%
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 Scorecoin to reach $0.50 it needs to increase in price by a factor of 54.26x. Given its present growth rate of -15.65% per month, it could take just 1.7 years 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 month1%98.9%
3 months9%90.9%
6 months17.1%82.8%
1 year25.2%74.7%
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 Scorecoin to reach $1.00 it needs to increase in price by a factor of 108.52x. Given its present growth rate of -15.65% per month, it could take just 2.0 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 month0.3%99.6%
3 months5.7%94.2%
6 months13.3%86.6%
1 year21.7%78.2%
2 years29%70.9%
3 years32.6%67.3%
4 years34.8%65.1%
5 years36.3%63.6%
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 Scorecoin to reach $5.00 it needs to increase in price by a factor of 542.58x. Given its present growth rate of -15.65% per month, it could take just 2.7 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 months1.7%98.2%
6 months6.7%93.2%
1 year14.7%85.2%
2 years22.9%77%
3 years27.2%72.7%
4 years30%69.9%
5 years31.9%68%
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 Scorecoin to reach $10.00 it needs to increase in price by a factor of 1,085.15x. Given its present growth rate of -15.65% per month, it could take just 3.0 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%99.9%
3 months0.9%99%
6 months4.8%95.1%
1 year12.2%87.7%
2 years20.5%79.4%
3 years25%74.9%
4 years28%71.9%
5 years30.1%69.8%
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 Scorecoin to reach $15.00 it needs to increase in price by a factor of 1,627.73x. Given its present growth rate of -15.65% per month, it could take just 3.2 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%99.9%
3 months0.6%99.3%
6 months3.9%96%
1 year10.9%89%
2 years19.1%80.8%
3 years23.8%76.1%
4 years26.9%73.1%
5 years29%70.9%
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

Is Scorecoin a good investment? Is it safe to put my money into SCORE?

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

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

Scorecoin Development + Team

There are 3 developers coding the source behind Scorecoin There are no sales or marketing staff on the team which could impede the coin's growth.

Scorecoin publishes bios of all of its team members at their website which can help investors understand the motivations and people 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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