Good day Steemian welcome to today's Steem price update for 11/10/2019.
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 over 3 years now.
I also want to mention incase your wondering that when something doesn't seem normal from the other regular "Price Updates" that the daily Steem price posts do occasionally change their 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 even if you are not planing to do anything with your Steem I still recommend checking out these updates and so keeping an eye on the price.
So without further ado lets take a look at today's Daily Steem Price change for 11/10/2019.
Should you be trading with Steem today...?
It's October and like clock-work I start to get busier at work along with other pesky things in life, honestly I'am beginning to really not enjoy October throughout until January due to being busier always around this time of the year. But to be honest last year was not as bad as the previous years, I hope this time it may also be slightly calmer, so fat that is the case. Anyway a surprise for many was the Steem drop from now 14 days ago which in the end was due to Bitcoins also taking a fall. Bitcoins seems to be slowly recovering meaning that cheap Steem is slowly going, well it already costs a little more compared to when we had that recent drop. If Bitcoins does go back-up we could see Steem jump to almost $0.20. We have already been seeing a slight increase in price at the exchanges and Steem's price as genuinely gone-up from $0.12 to $0.15. The SBD price also dropped along with Steem's there was some big opportunities opening to buy cheaper Steem as Bitcoins hasn't been this low since around June 15th, still the price is rising and for buyers the last 3 days it's been a little easier to buy Steem cheaper.
NEW-STEEM continues.
With new-steem keeping this ship moving forward seems to be especially important since the HardFork21/22 switch over, but if this all pans out there should be more opportunities for getting a higher payout reward if your lucky.
HARDFORK 22?
Hardfork 22 happened but no SMT's are available just yet. Steemit INC continue to work on bringing SMT's and actually despite the extra hardfork22 related work the team are not far off schedule for it's release. Actually the testnet for SMT's will be happening very soon. There was already completed work for "Specific Voting" which is a means of rewarding users with the desired SMT token of choice. This is a important coming feature, and while it's a needed feature it may make thing's even more confusing for new users. With new users a improved signup process for on-boarding those new as been done, while some accounts can be approved in as little as a few minutes Steemit INC claim this shouldn't effect the quality of users accepted. But please before you start complaining about a certain new "bad actor" remember that there will always be some undesirables who get in. It also seems that "RC pools" are on their way. I know some Steemians are eagerly awaiting for this as it could be a future good source of income. The RC pool's will most likely come with the release of SMT's. As large stakeholders often have tons of RCs that they don’t use and so the idea here will be the RC delegation pools will enable large stakeholders to delegate their RC's to these pools. And from which then multiple of those RC's can be distributed to other users or projects without the actual need to delegating one's Steem Power in the first place. So basically just a few large Steem powerholders could delegate RC's to thousands of users at any given time. The point is this can solve and help with the on-boarding process plus it make's sure there are enough resources to keep the blockchain running smoothly without eating into more costs. Also if your a business or interested in marketing and finding a community of active people thanks to Steemit INC and their advertising partner "BuySellAds" anyone who wants to purchase ad space on the steemit.com website may now do it. The good news is that because Steemit as been doing well with their advertisement campaign they didn't have a need to power-down in the previous month but we do suspect power-downs will continue as normal but just the fact they were able to do this once is great news for those holding, but not so great for those still trying to get more Steem. Steemit INC are also getting involved in burning-up Steem while I'am not a big fan of burning Steem just simply because it's a opportunity for someone else to own that Steem I obviously realise we have alot of extra Steem floating around because of the SBD conversions which could indeed do with some burning.
Always do your own due diligence the above is only a opinion.
Source: picgifs.com
Our Ship Is Now Dolphin Powered
Source: giphy.com
-Steem Price-
https://steemit.com/steemit/@simonjay/daily-steem-price-update-30-9-2019
-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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