Daily Steem Price Update 7/4/2019

in #steemit5 years ago

Good day Steemian welcome to today's Steem price update for 7/4/2019 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 price's and changes for just over 2 years now.

I also want to mention just incase your wondering when perhaps something doesn't seem normal from the other regular Price update posts that the daily Steem price posts do occasionally change it's format 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 it's 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 7/4/2019

Should you be trading with Steem today...?


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Thank you and to everybody else who gave their support on getting us to dolphin we achieved this after 30 months, I'm sure once the price goes up higher it will be more beneficial to us all. Now then on March 10th we have seen Steem reach it's highest for the year at $0.55 along with SBD's which also had a breaker on March 13th with it's highest being $1.41. With Bitcoins around 5 days ago we had a upwave going from $4127 to $4885! And if you think that was good well it didn't stop there with them reaching $5000 only 4 days ago. The highest for Bitcoins which was also achieved on the same day is $5317! But we had another downwave recently taking them back down to $4872 and right now they are fighting for the $5000 mark and today doing well just above $5150. For Steem we had been holding above $0.45 but we fell just under not long ago only briefly and have began rising again, our ranking position is around #48 amongst all the other cryptos. As you know we beat the January high marking our highest at $0.55 which we are again close to beating. With the Bitcoins last downwave recently it come to a surprise for many how Steem was close to $0.45 again as the downwave was nowhere near the the Bitcoins $4000 mark. Yes yesterday we started at $0.51 which was great but just the previous day before it was at $0.46 and today's average.. $0.50. With all this I think it's looking obvious that we are getting a good hold on the $0.50 mark but if things continue the way they are Steem will go even higher. Today Steem was pretty solid on $0.50 there was a few times it nearly fell under at ⏰03.30 and ⏰08.30 but the downbumps failed. Steem's only real movement today was at ⏰12.30 until around ⏰14.10 when it was holding at $0.51 after it fell back to $0.50 and it's where it stayed. Anyway if nothing much will happen for Steem in 2019 which is slowly looking more doubtful then I hope those who are still in the game will take the opportunity to keep collecting because right now we are in a seriously good place to grow our accounts remember as the price goes up higher collecting actual Steem becomes more difficult. I also want to make it clear that I was apparently wrong in pulling the trigger too fast that we was out of survival mode, it seems according to Steem INC they still found themselves to be in survival mode but now we are officially crawling out. But longer in survival mode the conclusion from all this is to continue cutting of the costs of nodes. Hivemind is now live the "steemd" instance size's went from 488GB RAM to now shockingly 61GB RAM! Focus is on a multi index RocksDB adapter which is a new technology in development to allow the Steem blockchain nodes to store almost all of it's necessary data to a disk in a modern database instead of RAM, this move will make nodes cheaper. Ned also said that the cost reduction progress will still remain above the creation of SMT's which I feel is the right move. Did you know that after the wallet split from steemit.com is complete that both logged in and non-logged in users will see the adds on Steemit.com, I would rather not but understand this is part of keeping us out of survival mode if that was to happen again. It's also come to my attention people are still learning about the wallet split and feel this will continue to be a problem for a while so please have your keys backed-up, yes ALL of them and dont use your masterkey to log into Steemit.com, also when you click on your wallet yes you will be directed to a completely different website which should be "steemitwallet.com" please dont worry as this website is safe and part of Steemit.com. After your initial log-in you wont need to use your masterkey and so if you still don't understand how your private keys work or are relatively new to Steemit you can go to the Steemitblog account for a more recent official explanation. For SBD's they broke record March 13th reaching $1.41. Currently SBD's are at a "slightly higher" pegged rate, good to see SBD's has still managed to continued to stay above the normal for today. We started at $1.05 which is slightly lower then yesterday at $1.07 anyway it continued bumping into $1.06 before at ⏰02.00 jumping to $1.08. The bumps then continued from $1.08 to $1.07 eventually going downwards to $1.06. This then changed later from ⏰12.30 as it bumped up $1.09 this actually when on until ⏰16.50 when the average began to be $1.07.

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-1-3-2019

-Month 30 Of Steemit Monthly Reports-
https://steemit.com/steemit/@simonjay/month-30-steemit-monthly-report-15-3-2019

-I Have Powered-Up To Dolphin!-

https://steemit.com/life/@simonjay/powered-up-to-dolphin-22-3-2019

-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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Thanks for posting todays update

Thanks and good morning @jkenny on the day bitcoins was doing well just above $5150 as for Steem the average was $0.50 and with all that is going on I think it's looking obvious that we are trying to get a good hold on the $0.50 mark.

50 And holding ...
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I am glad that our wallets are in a different location now because I think it is safer. Thanks for today's update @simonjay! : )

It's a little annoying having to keep logging-in to see whats happening with your wallet @whatisnew and more confusing for those who are completely new to this but like you said it does have a big advantage in it being safer and what I'm most happy about is it will make updating the website "steemit.com" safer without risking any wallet exploitation.

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To support your work, I also upvoted your post!

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