Daily Steem Price Update 14/2/2020

simonjay(69)

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#steemit

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Good day Steemian welcome to today's Steem price update for 14/2/2020.
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 14/2/2020.

Should you be trading with Steem today...?

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Alright crew we quickly jumped to February and like many had already predicted the Steem price as started to rise. And while some complain it's only a little bump those with some SP behind their accounts are already noticing the difference in benefits for having some skin in the game.

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It's also Valentines today! Now some people love this day and others hate it, as for me personally I feel it brings on alot of unnecessary stress onto people and that is including whether they are in a relationship or not as often times the pressure is still there, its been especially made even worse with social media. Still I'm going to do my bit and buy a gift for my favourite online hangout and all of it's people by buying and powering-up another 40 STEEM to my account in a small effort to keep the price rising.

If you can spare a little cash why not also power-up today and show Steem a little love. With that said HAPPY VALENTINES!

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The goal is to reach 10.000 SP I have been on here for over 3 years and have never powered down once, meaning your votes are safe with me and help retain Steem's value. We totalled 7.841 SP at the end of 2019 and so that is what we started the year with. So if you want to help me jump-start this quest to lock away 10.000 Steem Power and retain more of Steem's value please consider leaving your best vote below.

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In Nov 22th the price of Steem fell to $0.10 this was the "fault of Bitcoin" as it dropped to around $6580 and it also marked the lowest Steem price for 2019. In 2020 Steem's lowest is already better then in 2019 at $0.11 not only that but as you can see the Steem price is now higher then what it's been in months! It's only been recently we have seen jumps to $0.20! The 18th of January marked Steem's highest but we broke that record on Feb 6th reaching that $0.21 mark from last year at $0.20 and February 12th at 0.23 makes it another record breaker for the year, still it continues upwards. But still in 2020 it makes a great opportunity to buy-in for cheap a nice amount of Steem Power for those who can see it's amazing value. My payments for buying into Steem were getting declined by the service I used but found a different method. Initially working great except for when I brought a higher amount, while I could still buy Bitcoins they seem to have errors when buying Steem in bigger quantities. Anyway with Bitcoins it was back in October 26th when it last reached $10000 we did almost reach it in 2020 on Jan 19th but it is now better as it's cruising above $9000 Bitcoins but did however reach $10000 on February 9th. There was alot of talk about Bitcoins coming out the bear market but to be honest Bitcoins had actually been going slowly upwards since Dec 18th 2019 and so far as stopped the trend in Jan 19th 2020. As for the SBD price it also dropped along with Steem and Bitcoins at the time of decline, it continued dropping slowly with Nov 13th being the lowest, followed then by in Nov 22th, it recovered for Nov 29th but there was not really any change until recently. SBD's went above $0.70 on Jan 18th which was last seen in Dec 22th and now Jan 24th marks this year's new highest at $0.92! Wow that was close to reaching the $1.00 mark right? We have not seen $1.00 worth of SBD's since Jun 28th in 2019! Until now of course.

NEW-STEEM Bringing SMT's.

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Steemit INC continue to work hard on bringing us SMT's and communities for 2020, the team are not far off it's release, it's development is now done. If your curious the whitepaper is the most authoritative reference for understanding what SMTs can do for us in 2020. The best way to think of it all is like giving users the ability to create their own Steem-like-tokens. You could test out the Steem communities in the new Steem BETA that was open for everybody, but it did seem to have it's passwords changed at some point. Still if you got in just be-aware anything that you post on the BETA site will still be posted on Steemit.com. And those post's do come with their community tags, so for example "hive-169926". If you want to test it's features and add some pressure to the created code you could be saving us from bugs and issues down the line. What about the people who got in first taking all the good "community names"? Well don't worry because as you can see from the community tags like "hive-169926" this is not a problem as you will still be able to get the name's you want for your own community regardless of someone else already taking the name you wanted. Steemit INC are also involved in the burning of Steem, as right now alot of extra Steem is floating around because of the SBD conversions, also some of the gained rewards go towards the SteemDAO. There is also a proposal about power downs going on, from their current 13 week track of "powering down" too a new power down track of only 4 weeks, what do you guys think of this change? In the past new projects for Steem could receive a delegation but now the projects most likely to receive any delegation whatsoever are the ones who are offering the most value. So in like terms of a mix of services, fiat, crypto, utility tokens, equity etc. Projects now must compete for such delegations. Why? Because they can be of really good value, a project that had a 1M SP delegation for a year as gotten around 10,000 Steem per week for 52 weeks! That's around 520,000 Steem and so worth around $50k, and if you think modestly in the past it's even been worth as much as $500,000! 💓💓💓💓

If your a business or interested in marketing and finding a community of active users thanks to Steemit INC and their advertising partner "BuySellAds" anyone who wants to purchase ad space on the steemit.com website may do so now.

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

Secretly Win 0.040 Steem or More
You can win some Steem by simply doing ALL 3 steps below..
Upvote the post at %100, the more players who do this the more Steem you can win.
Write on the comments "Done"
And finally answer the question- Did you show Steem some love today by powering up?
There will be one winner but hurry you only got 23 hours!

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