Good day Steemian welcome to today's Steem price update for 11/1/2019 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 11/1/2019

Should you be trading with Steem today..

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 movements from Steem which was a good sign that it may go upwards and it done just that Steem finally reached $0.32 for 2019. But I was also expecting a downwave from Bitcoin which I mentioned 3 days before it downwaved that it would most likely happen. But I guess I should of figured the Steem delay was because Steem was going to go down with Bitcoins instead. Well that wave as come and hit us yesterday and shame as Steem fell from $0.32 to $0.25. If your a buyer this is a great opportunity to buy a little more incase next time it starts to keep going up for good. Bitcoin on Jan 6th was at $4075 and as now fallen to $3588 its already recovered and started averaging at $3620, also buyers remember Ned as been powering down possibly assisting Steem going a little cheaper, it all depends on timing so good luck. As for today Steem as been mostly at $0.26 we did have it fall again to $0.25 a little earlier from ⏰03.00 to ⏰05.40 making it the best times to buy-in. Regardless if nothing much happens in 2019 then I hope those who are in the game will take this opportunity to keep collecting Steem. And so with 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. And 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. As you may also know SBD's fell yesterday from actually reaching $0.86 down to $0.73 very quickly, we expected SBD's to either hold today or recover some, but instead there was some recovery taking it to $0.75 but then continued going downwards for most of the day, I mean yeah there was some holding going on but in the end SBD's fell to $0.72.

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

---

Source: picgifs.com

---

-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

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.

@paradise-found - @karenb54 - @koskl - @hanshotfirst - @meesterboom - @mammasitta - @akomoajong - @yusril-xabre - @surpassinggoogle - @whatisnew - @kristy1 have already done this so a big thank you to them all!

---

[Follow Me Here @simonjay