Daily Steem Price Update 29/11/2018

in #steemit5 years ago

Good day Steemian welcome to today's Steem price update for 29/11/2018 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 29/11/2018

Should you be trading with Steem today..

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Ok so these low prices have been awesome, its giving many people the opportunity to get in 👍 and this happened mainly because of bitcoin going down but in turn this as also caused catastrophical affects for Steem INC, it's believed damage even they didn't see coming. Steem INC dropped a bomb yesterday and with this I welcome you into a new survival mode era on Steemit. If you haven't heard Steem INC have been forced to let go of around %70 staff members. With the news of staff loss, SMT's delayed, possible closure of "Steemit.com" website along with alot of other things how will all this affect the Steem price moving forward? Its a great question and something we should all be thinking about and well the main thing that would solve most of these problems is shamefully Bitcoin going back up again. But atleast the good news is Bitcoin as already started uptrending 👍 and of course making the Steem price go higher, like today for example we saw Steem reach $0.40 👍 at around ⏰14.15, plus Bitcoin as been above $4000 for over 24 hours 👍 now I believe. / SBD, well atleast here with SBD we can also see some continued good news, it was bumpy today and a few times we saw it pushed to $0.86 most noticeably at ⏰12.45. Unfortunately until we can process more information from Steem INC and gauge the markets reaction to this news from the inside "steem" we will have to wait, I'am in hope Bitcoin starts to go up a little more helping ease the situation somewhat.

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


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Source: picgifs.com



Other POSTS

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https://steemit.com/steemit/@simonjay/daily-steem-price-update-30-9-2018

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

-Could French Fries Cure Baldness?-

https://steemit.com/food/@simonjay/fries-to-cure-baldness-17-8-2018

-What Does The Netcoins Victory Mean?-

https://steemit.com/steemit/@simonjay/the-netcoins-victory-effects-31-10-2018


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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.

@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!


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Thanks for posting , tough times

Wait...what? Lay offs and possible closure of this website? That is terrible news!!! I just can't imagine. Please keep us posted @simonjay!

Its' a tough bomb to swallow @whatisnew, basically Steem INC have been growing their staff for a long time now but prices have fallen drastically because of Bitcoin and now they had to let staff go because they couldn't afford to pay them. As for the website Steem INC will be looking into many other things first before considering the site shutdown, now before panic kicks-in let me explain that the system at that stage should still run unless more cuts needs to be made turning whatever remains into only a wallet, so in other words you will still be able to use apps to create posts and earn Steem. While that is good for most it wont be for me as I dont use apps so I might have to quit for a while if it reaches that stage. Also what concerns me now is how will this news affect potential buyers...

Wow! I am still in shock. I don't use apps either. If I was a potential buyer and heard this news, I would probably run the other way. I sure hope things get better sooner than later. Thanks for the info @simonjay! : )

Yea I do wish developers would understand that not everybody uses apps I have friends that use apps for doing many things but most will admit for "work" computers still best. Thanks for sharing and those are my thoughts also. Its tough @whatisnew we have to be aware that while its been holding we might be far from the bottom which is scary but if this goes there and turns around it could be a game changer for those who are willing to really risk alot.

Hi @simonjay!

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Hi @simonjay!

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