Good day Steemian welcome to today's Steem price update for 15/10/2019.
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 15/10/2019.
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, this weekend I might miss out on a few days due to such things, honestly I'am beginning to really not enjoy October throughout until January due to being always busier around this time of the year. But to be honest last year was not as bad as the previous years, I do hope this time it may also be slightly calmer, and so far that is the case. Anyway a surprise for many was the Steem drop from now 17 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, it already slightly costs more compared to when we had that first drop to $0.12. If Bitcoins does go back-up to $10.000 we could see perhaps Steem jump back to almost $0.20. We have already been seeing a slight increase in price mostly at the exchanges. The SBD price also dropped along with the price of Steem and Bitcoins but this opens some nice opportunities to buy cheaper Steem, which you can still get as Bitcoin hasn't been this low since around June 15th.
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.
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. Infact the testnet for SMT's is live. The already completed work for "Specific Voting" is done, 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 newcomers as been done. So 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 before you start complaining 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. So basically just a few large Steem powerholders could delegate RC's to thousands of users at any given time. Also 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 now do so. 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 now but just the fact they were able to do this once is great news for those holding, but not so great for people still trying to get more Steem. This also means Steemit INC completed their transfer of 200,000 STEEM to Blocktrades for the purpose of building the Steem.DAO as they firstly wanted to observe it in action to ensure that it was sufficiently stable and safe for it's user-base. Blocktrades converted much of that STEEM into 25,000 SBD which was then deposited into the Steem.DAO, it's said Blocktrades will deposit the remaining 11,600 SBD sometime in the future. Steemit INC are also getting involved in burning-up their 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 but 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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