Good day Steemian welcome to today's Steem price update for 25/9/2019.
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 2 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 25/9/2019.
Should you be trading with Steem today...?
What a surprise, well maybe.. check out that Steem drop yesterday I said most likely it will revert back-up as it normally does. Looks like people didn't waste any time s most if it recovered. There were signs of this drop weeks ago but didn't think it would happen now, also the SBD price had dropped and if your curious yes Bitcoins was falling also but it did drop this low lastly around the 1st of September. So down the road from me there were some workmen up on the electric poles doing what looked like "fixing the wires". I guess by now it should come to no surprise to you or me what happened moments later. Yup once again I was cut off from the internet. This was in the morning... but come late afternoon and still no internet and the workmen were gone so I called my provider. They told me they would send over a engineer the following day to which he didn't show up...Argh yup here we go again... and so fed up already with these games they play I phoned them up again to which the said they will send the engineer tomorrow instead... LOL gosh these people...Anyway I also told them about the works to which they suddenly changed their minds about sending over the engineer... Instead they promised to have it fixed by the following day at midnight. Well early morning I was still sound asleep when some dude is knocking on my door. I looked out the window and.. crap! it's the bloody engineer that was apparently cancelled walking away...argh! For some reason he walked back and I managed to reach him in time and well one hour later he fixes my internet. He explained that the bozos from the previous day didn't reconnect my cable from not one but two poles. Anyway back, now let's see how long it takes until my net goes down again. Also I have brought and added another 20 extra Steem Power to make up for the losses.
NEW-STEEM continues.
From what I can see it really was community at it's best even with all of the different changes brought in by hardfork21 it got many people closer and talking. Regardless of what people were doing many took time to login-in and check on their favourite social media website Steemit. We connected and commented-on each other's posts about what we were experiencing. It was fine for the first hour but soon after Steemit came crashing down. The Dev Team were monitoring the whole event and so the whole blockchain was restored back quickly. Funnily it was a whale who was about to test the new downvote pool a very large downvote of that size was cast for the very first time on new-steem making the blockchain crash!
Keeping this ship moving forward seems to be especially important since the HardFork21 and the 22HF switch over, this is because of both the Steemit proposal system and the new rewards curve structure as made it generally more difficult for many to gain the same rewards they did prior to the Hardfork.
HARDFORK 22
HARDFORK 22, yes it happened but before you think SMT's are available like right now.. NO! they are not, basically there was a issue that was discovered which was preventing delegations from functioning properly. This was a problem for those who are especially new to Steem, basically because Steemit couldn't actually delegate to newly created accounts. The problem did go much deeper then that but I'am sure you can already tell how this was problematic start. The solution was to quickly HardFork, but the problems didn't end there. The blockchain halted again soon after this time due to a bug in the curation's reward curve. The Dev team develop a patch which did not necessitate another hardfork the actual bug it was incredibly difficult to detect. But this kind of behaviour would prompt a safety catch to stop it and it did. Anyway people did also do ALOT of complaining about the lack of communication during Steemit's down time, still the team did put out some effort saying they were aware and working on resolving the situation. This was not good enough for most as many seemed to demand hourly updates of the situation. I don't think that is necessary nor do many understand that finding the route of the problem is not always easy or can be explained so quickly. In other words I also don't think they had much to report back to us at the time anyway, perhaps a message reinforcing they are still working into fixing the situation may have settled a few nerves down. We know the team were working their asses off trying to get the chain running again there was no need for such a commotion. In the end I'am just very happy the blockchain is back-up and running normally and so far it's been stable. As for Steem INC they now continue to work on bringing SMT's and actually despite the extra hardfork related work the team seem to be right on schedule for it's release. They have recently completed work for "Specific Voting" which is a means of rewarding users with the desired SMT token of choice, it's a important coming feature, while it's a needed feature it may make thing's just a little more confusing for new users, but once understood it's pretty simple. There was some discussion's that the Steemit proposal system was not being used enough by regular users, in other words not enough people are voting on the proposals or showing interest, I believe this was down to much of the community not being happy about the %10 of the reward pool cut and going towards such a system but it seems due to some efforts by Steemit INC and influence users there as been a growing interest.
Always do your own due diligence the above is only a opinion.
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Our Ship Is Now Dolphin Powered
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-Steem Price-
https://steemit.com/steemit/@simonjay/daily-steem-price-update-19-9-2019
-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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