Steem Dollars (SBD) Live Price Chart & History

Price USD 0.59%
$1.006649
Price BTC
0.00015642
Volatility (7d)
@volatility_7d %
Volatility (30d)
@volatility_30d %
Market Cap USD
$15.2M
Market Share
Live SBD / USD Price Chart

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Since launching at $0.95782 on 18/07/2016 Steem Dollars has achieved a price of $1.0066492171, falling 0.82% in the last week alone.

Steem Dollars Price Analysis: Predictions and Forecasts

Why buy Steem Dollars? What is it used for?

Steem aims to support social media and online communities by returning much of its value to the people who provide valuable contributions by rewarding them with cryptocurrency, and through this process create a currency that is able to reach a broad market, including people who have yet to participate in any cryptocurrency economy... Steem is a blockchain database that supports community building and social interaction with cryptocurrency rewards. Steem combines concepts from social media with lessons learned from building cryptocurrencies and their communities. An important key to inspiring participation in any community, currency or free market economy is a fair accounting system that consistently reflects each person's contribution. Steem is the first cryptocurrency that attempts to accurately and transparently reward an unbounded number of individuals who make subjective contributions to its community.
Steem Dollars was launched in 18/07/2016. It uses the Steem Consensus method of consensus, and is based on the @market_algorithm algorithm. Steem Dollars's goals include "Steem Dollars (commonly abbreviated SBD) are liquid stable-value currency tokens designed to be pegged to $1 USD. ". Steem Dollars aims to set itself apart from other cryptocurrencies due to --

Will the price Steem Dollars fall continue to rise?

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

  • In the past 7 days Steem Dollars has risen by 0.82%
  • In the past month it has lost -0.17681709364351%
  • In total it has appreciated by $0.0488292171 since its inception, a change of 105.10%

Can Steem Dollars reach, replace, pass or overtake bitcoin?

At present Steem Dollars is trading at 0.00015642 BTC. In order to reach Bitcoin's current price of $15000 USD it would need to grow by 639,304.4%. If we assume Steem Dollars continued to as it has in the last month - with a price change of -0.18% it would take -452.47701231202 years just to reach Bitcoin's current price. To overtake bitcoin will take longer.

Price Targets:

If you're wondering if the price of SBD is going to take off and increase in price to a higher level we've done the math for you.
In order for Steem Dollars to reach $5.00 it needs to increase in price by a factor of 4.97x. Given its present growth rate of -0.18% per month, it could take just 7.7 months 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%
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1 year0%100%
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5 years0%100%
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 Steem Dollars to reach $10.00 it needs to increase in price by a factor of 9.93x. Given its present growth rate of -0.18% per month, it could take just 11.1 months 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%
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1 year0%100%
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5 years0%100%
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 Steem Dollars to reach $15.00 it needs to increase in price by a factor of 14.90x. Given its present growth rate of -0.18% per month, it could take just 1.1 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%100%
6 months0%100%
1 year0%100%
2 years0%100%
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5 years0%100%
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 Steem Dollars to reach $25.00 it needs to increase in price by a factor of 24.83x. Given its present growth rate of -0.18% per month, it could take just 1.3 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%100%
3 months0%100%
6 months0%100%
1 year0%100%
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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 Steem Dollars to reach $50.00 it needs to increase in price by a factor of 49.67x. Given its present growth rate of -0.18% per month, it could take just 1.6 years to hit a price target of $50 USD

What is the probability of hitting $50.00 over time?

Time periodChance final price > $50Chance final price < $50
1 week0%100%
1 month0%100%
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1 year0%100%
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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 Steem Dollars to reach $100.00 it needs to increase in price by a factor of 99.34x. Given its present growth rate of -0.18% per month, it could take just 1.9 years to hit a price target of $100 USD

What is the probability of hitting $100.00 over time?

Time periodChance final price > $100Chance final price < $100
1 week0%100%
1 month0%100%
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1 year0%100%
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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 Steem Dollars to reach $200.00 it needs to increase in price by a factor of 198.68x. Given its present growth rate of -0.18% per month, it could take just 2.1 years to hit a price target of $200 USD

What is the probability of hitting $200.00 over time?

Time periodChance final price > $200Chance final price < $200
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
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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 Steem Dollars to reach $300.00 it needs to increase in price by a factor of 298.02x. Given its present growth rate of -0.18% per month, it could take just 2.3 years to hit a price target of $300 USD

What is the probability of hitting $300.00 over time?

Time periodChance final price > $300Chance final price < $300
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
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 Steem Dollars to reach $400.00 it needs to increase in price by a factor of 397.36x. Given its present growth rate of -0.18% per month, it could take just 2.4 years to hit a price target of $400 USD

What is the probability of hitting $400.00 over time?

Time periodChance final price > $400Chance final price < $400
1 week0%100%
1 month0%100%
3 months0%100%
6 months0%100%
1 year0%100%
2 years0%100%
3 years0%100%
4 years0%100%
5 years0%100%
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 Steem Dollars a good investment? Is it safe to put my money into SBD?

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

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

How popular is Steem Dollars? Interest Over Time

Where is Steem Dollars most popular?

Steem Dollars Development + Team

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

Steem Dollars 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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