Daily Steem Price Update 10/1/2019

in #steemit5 years ago

Good day Steemian welcome to today's Steem price update for 10/1/2019 I have been posting the Steem price update since almost the very beginning of Steemit.com many have came here to discuss the daily Steem prices and changes for just over 2 years now.

I also want to mention just incase your thinking something doesn't seem normal from the other regular Price update posts that the daily Steem price posts do slightly change from time to time.

But regardless of changes we will carry on as usual and by this I mean knowing the price of Steem as its important for your daily plan or strategy and honestly even if you are not planing to do anything with your Steem I still recommend checking out these updates and keeping an eye on the price, so without further ado lets take a look at today's Daily Steem Price Change for 10/1/2019

Should you be trading with Steem today..


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Happy 2019 while the price of Steem and SBD's were booming last year we leave 2018 with Steem at $0.26 and as for right now Steem as mostly been around $0.28. We were seeing some very slow movement from Steem which was a good sign that it may go upwards and it done just that Steem finally reached $0.30 for 2019 we had also seen 4 greens in a row and I expected red for yesterday which didn't happen and I guess I should of figured the delay maybe was because it was going to go down with Bitcoins downwave instead which I told you about 3 days ago. Well it seems that wave a come and hit us. Shame as Steem started to hold well at $0.32 which is so far the highest for 2019 and fell to $0.25 at ⏰16.30 the first drop started from ⏰06.20. If your buyer this is what I was telling you about and it seems many have already took the offer. Bitcoin on Jan 6th at its peak was $4075 as now its fallen to $3588 also Ned as been powering down again possibly making Steem go cheaper it all depends on timing so good luck. Regardless if nothing much happens in 2019 then I hope those who are in the game will take this opportunity to keep collecting Steem. As at these low prices we are still on a survival mode era of Steemit.com, Bitcoin dropped drastically forcing Steem's value to tank causing Steem-INC staff reductions and a possible threat to the website. The conclusion was to survive by cutting down costs of nodes among other strategies which will still take time to implement. Right now there is a focus on a multi index RocksDB adapter which is a new technology in development to allow the Steem blockchain nodes to store almost all it's necessary data to a disk in a modern database instead of RAM, this move will make nodes cheaper. Steemit INC said they are on track with it's cost reductions and with SMT's. Also you might already know but Steem was added on to stateofthedapps.com but is also now on dapp.com. SBD's today were somewhat unexpected and a little disappointing they were doing so well reaching $0.84 so regardless of Steem going down it was still surprising to see SBD's fall so quickly to $0.73 not only that but they were doing even better than expected just before the fall at ⏰05.35 as they even reached $0.86. SBD's fell pretty much like bitcoin in two big steps, the first fall was at ⏰06.35 while the second at ⏰16.05.

Always do your own due diligence the above is only a opinion.




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-Steem Price-
https://steemit.com/steemit/@simonjay/daily-steem-price-update-31-12-2018

-Month 26 Of Steemit Monthly Reports-
https://steemit.com/steemit/@simonjay/month-26-steemit-monthly-report-20-11-2018

-Looking Back 2018 Media Wants You To Believe In..?-

https://steemit.com/news/@simonjay/2018-the-media-wants-you-to-believe-in

-Young And Now Disabled By Vaccine?-

https://steemit.com/familyprotection/@simonjay/young-and-disabled-by-vaccine-7-1-2019


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So if you like this page I need you guys to do me 2 easy things.

1.First please upvote this page.
2.And secondly dont forget to follow me below.

Also since votes don't always = $ and you if want to see more you can send me Steem Power Tips to @simonjay to help support me.

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A good knockdown again but very much expected, but holding we haven't gone down to 22 again.

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