Good day Steemian welcome to today's Steem price update for 9/5/2019 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 9/5/2019

Should you be trading with Steem today...?

March 10th Steem reached it's highest so far this year at $0.55 along with SBD's which also had a breaker on March on the 13th with it's highest being $1.41. With Bitcoins they have recently been holding above the $5500 mark, the highest for Bitcoins near the latest upwave which was beat yesterday at $5937. Its only been 7 days that Bitcoins climbed and was trying to stay above the $5300 mark but not only were they successful at doing this but they had a crazy upwave going from $5290 to $5778 and the following day to $5793. Of course after it went down abit but Bitcoins still didn't stop as they they went from $5732 to $5937 beating another record. While yesterday Bitcoins dropped as expected and went down to $5724 but quickly recovered, and more then we thought they would and so being close to beating record again at $5905 but they done it again today breaking record reaching $6071. Steem is trying to make it back to $0.35 with it's overall ranking position at around #57 amongst all other cryptos. As you know we beat the January high marking our highest value at $0.55. These past few days Steem as been presenting themselves with various good opportunities to buy-in since the 24th April but its getting even better lately as it was not that long ago it hit the $0.45 mark. The last few days Steem ended up falling to $0.33 and for today we started slightly lower from yesterday at $0.31 this continued until ⏰06.10 but became obvious by ⏰05.30 that Steem was going to go further down reaching the $0.30 mark. This is where it stayed for mostly for the rest of the day but between ⏰13.30 and ⏰16.50 there was some drops to $0.29 happening often with the last drop so far at ⏰19.20. 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. But Steem is doing so much better then you may realise in BTC value Steem is on its way to make possibly a new all-time low but if you look back and have been here as long as me the lowest Steem has ever been was at $5800 BTC which was way back in March 2017 if you look now we are somewhere around the $6250 mark correct..so last time at $5800 BTC Steem was worth $0.07 but now around 6250 BTC it's still worth $0.34! As for the SPUD initiative.. no not potatoes but (Steem Power Up Day) there was around 980 accounts who powered up a total of 145,430 Steem compared to the average power up per-day of 106,300 Steem, this means some of you are now new dolphins in town, so with myself included in the dolphin count it means we have now a total of 2000 dolphins!! Also things are going just as I thought they would as whales used to own about %86 of all shares on the system and while today would you believe that they only own %55! While this may seem like horrid news it really is not! Because if we look at Dolphins we owned only %4 just over 2 years ago and now we own %13. No longer in survival mode the conclusion from all this is to continue cutting costs Hivemind is live the "steemd" instance size's went from 488GB RAM to 61GB RAM! Focus is on a multi index RocksDB adapter which is a new technology 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 the move will make nodes cheaper. Ned said that the cost reduction progress will still remain above the creation of SMT's which I feel is the right move. If you have returned recently to Steemit please be aware that there as been a wallet split to your account so please have your keys backed-up, yes ALL of them and don't use your masterkey to log into Steemit.com instead use your posting key, remember that when you click on your wallet you will be directed to a completely different website which should be "steemitwallet.com" please don't worry as this website is safe and part of Steemit.com. Also yes from now on both logged in and non-logged in users will now see adds on Steemit.com. For SBD's they broke record March 13th reaching $1.41. Currently SBD's are at a "slightly lower" pegged rate, which isn't shifting but still it's better than it was at $0.91 and considering how much Steem dropped the results aren't too bad. SBD's started yesterday at $0.95 and did the same today but unlike yesterday they very quickly fell to $0.93 by ⏰00.15 it was not looking good but recovered back to $0.94 by ⏰01.20 or so it seemed as they bounced between $0.93 and $0.94 for basically the rest of the day there was only a fall to $0.92 at ⏰13.25 but SBD's didn't recover back to $0.95 as we had hoped.

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

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Source: picgifs.com

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Our Ship Is Now Dolphin Powered!

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Source: giphy.com

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-Steem Price-
https://steemit.com/steemit/@simonjay/daily-steem-price-update-30-4-2019

-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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