Daily Steem Price Update 9/4/2019

in #steemit5 years ago

Good day Steemian welcome to today's Steem price update for 9/4/2019 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 9/4/2019

Should you be trading with Steem today...?


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We reached dolphin 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 7 days ago we had a upwave going from $4127 to $4885, that was good but it didn't stop there with them reaching the $5000 mark later on the same day. The highest for Bitcoins which also was achieved on that same day was $5317! We had another downwave which took them back to $4872 but now we are above the $5000 mark and today doing well just above $5200. For Steem we seem to be trying to hold around the $0.50 mark lately as we 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 close again to beating. There was a opportunity for Steem buyers yesterday to get some cheap Steem but you had to be very quick, today there was the same deal but with much more time to trade. We started today just below the $0.50 mark at $0.49 which is lower the yesterdays $0.50 start. It held to $0.49 until ⏰02.25 when it started dropping. It fell to $0.48 which stayed till ⏰06.00. Like yesterday the cheapest Steem was $0.47 which you had between ⏰06.00 and ⏰14.15 to get the cheaper deal. From ⏰14.15 Steem started to hold on $0.48 which as remained for the rest of the day. 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, and really just about staying above, but it's looking like it will go back to normal..well hopefully they will go to around $1.08 instead. Still it was a calm day for SBD's except at the beginning we started at $1.09 but in the middle of the downbump from $1.10, they fell from $1.08 at ⏰01.10. SBD's continued downward until ⏰02.25 where it reached $1.03 yuck, we had some recovery to $1.04 and $1.05 before it fell once more further down to $1.02. At ⏰07.25 SBD's recovered back to $1.05 but from ⏰09.30 the average slowly became $1.04.

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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Thanks for posting todays update

Hey good morning @jkenny on the day Bitcoins was doing well just above $5200 as for Steem there was more buying time than the previous on getting a cheaper buy-in price at $0.47 between ⏰06.00 and ⏰14.15 to get the deal.

We be slipping ....

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I don't want a calm day. I want to see some action. LOL!

Hi @simonjay!

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