Steem Dollars are the price-stable tokens found and used within the Steemit ecosystem. The Steem Dollar whose ticker symbol is SBD represents a value of around $1. On the other hand, Steem is a liquid-cryptocurrency which is also used within the Steemit ecosystem. When it comes to Steem Dollars, one can use them for a number of things such as buying stuff within the virtual economy which is yet to be established. You can also opt to hodl the dollars and hence earn a 10% annual return. The other option you have when you own SBD is to transfer them into Steem, Ethereum, Bitcoin or any other digital currency. The Steem Dollars serve as the bridge between raw power of Steemit and real-world apps because it commands a relatively stable price.
Buy or sell Steem Dollars? Cryptocurrency Market & Coin Exchange report, prediction for the future: You'll find the Steem Dollars Price prediction below. According to present data Steem Dollars (SBD) and potentially its market environment has been in a bullish cycle in the last 12 months (if exists). Our Ai cryptocurrency analyst implies that there will be a positive trend in the future and the SBD might be good for investing and making money. Since this virtual currency has a positive outlook we recommend it as a part in your portfolio. Trading in bull markets is always easier so you might want to favor these currencies under the given circumstances, but always read up on optimal investment strategies if you are new to investing.
How Steem Dollars work
Steem Dollars Price Prediction For 2018, 2019, 2020, 2021
At TradingBeasts, we do our best to provide accurate price predictions for a wide range of digital coins like Steem Dollars. We update our predictions daily working with historical data and using a combination of linear and polynomial regressions. No one can, however, predict prices of cryptocurrencies with total certainty, thus it is crucial to understand that the following SBD price predictions serve merely as a suggestion of possible price development and are not intended to be used as investment advice.
Steem Dollars price prediction for August 2018
The Steem Dollars price is forcasted to reach $5.67 by the beginning of August 2018. The expected maximum price is $7.27, minimum price $4.95. The Steem Dollars price prediction for the end of the month $5.82.
Steem Dollars price prediction for September 2018
The Steem Dollars price is forcasted to reach $5.82 by the beginning of September 2018. The expected maximum price is $4.53, minimum price $3.08. The Steem Dollars price prediction for the end of the month $3.62.
Steem Dollars price prediction for October 2018
The Steem Dollars price is forcasted to reach $3.62 by the beginning of October 2018. The expected maximum price is $4.68, minimum price $3.18. The Steem Dollars price prediction for the end of the month $3.75.
Steem Dollars price prediction for November 2018
The Steem Dollars price is forcasted to reach $3.75 by the beginning of November 2018. The expected maximum price is $4.84, minimum price $3.29. The Steem Dollars price prediction for the end of the month $3.87.
Steem Dollars price prediction for December 2018
The Steem Dollars price is forcasted to reach $3.87 by the beginning of December 2018. The expected maximum price is $4.99, minimum price $3.39. The Steem Dollars price prediction for the end of the month $3.99.
Steem Dollars price prediction for January 2019
The Steem Dollars price is forcasted to reach $3.99 by the beginning of January 2019. The expected maximum price is $5.15, minimum price $3.50. The Steem Dollars price prediction for the end of the month $4.12.
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