Good day Steemian welcome to today's Steem price update for 11/3/2019 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 11/3/2019
Should you be trading with Steem today...?
Thank you, thank you guys for that extra support I just want to quickly mention that we are now only 60-SP away from reaching dolphin, any extra support on reaching our goal is appreciated. March 7th 2019 we saw Steem reach $0.48, last day of February SBD's hit it's highest at $1.01 but Steem broke another 2019 record yesterday. With Bitcoins we just recently had a downwave going from $3914 to $3826 which so far does not seem to be affecting Steem by much. Ok as for Steem unless you haven't been paying attention you will know it's been going upwards lately we beat the January high and so reaching $0.48 which made it the highest new Steem price but it didn't stop there Steem goes up higher yesterday reaching $0.55 making it the highest Steem price for 2019 we are already in a good place, Steem as been seen around position #40 amongst all the other cryptos. As for today Steem had mostly a morning of going downwards we began right on $0.54 and from "the get-go" we started going downward, at ⏰00.10 we fell to $0.53. Falling to $0.52 took longer, getting there at ⏰02.50. Then reaching to $0.51 was around the same amount of time, falling at ⏰04.35. Finally Steem fell to $0.50 at ⏰06.00 I say finally because this is where it spent most of the day it did still fall to $0.49 but this was not for long at ⏰12.55 and once more at ⏰18.50. Anyway if not too much happens in 2019 then I hope those who are still in the game will take the opportunity to keep collecting Steem. The good news is enough as happened for us to all breathe better as Steem is no longer in survival mode, we have made it out of that era! But still the conclusion from all this is to continue the cut of the costs of nodes. Hivemind is now live the "steemd" instance size's went from 488GB RAM to now shockingly 61GB RAM! Focus is on a multi index RocksDB adapter which is a new technology in development 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, this move will make nodes cheaper. Ned also said that the cost reduction progress will still remain above the creation of SMT's which I feel is the right move. Steem is also now available for trading on the Huobi marketplace so if you are a U.S. resident just go to huobi.com, if you are anywhere else you could try Huobi global at hbg.com. Also if you still don't understand how your private keys work or are relatively new to Steemit you can go to the Steemitblog account for a more recent official explanation. For SBD's you may remember they also broke a record yesterday "March 10th" reaching to $1.02. Today SBD's are at a normal working rate, spending most of the morning at $0.98 and bouncing between to $0.97 there was also another downbump at ⏰05.30 taking SBD's to $0.96 it quickly recovered and it also happened again later. We also had another possible chance to break record today at ⏰14.45 SBD's were going up-fast but it only reached $1.01.
Always do your own due diligence the above is only a opinion.
Source: picgifs.com
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https://steemit.com/steemit/@simonjay/daily-steem-price-update-31-12-2018
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https://steemit.com/steemit/@simonjay/month-26-steemit-monthly-report-20-11-2018
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https://steemit.com/news/@simonjay/2018-the-media-wants-you-to-believe-in
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https://steemit.com/familyprotection/@simonjay/young-and-disabled-by-vaccine-7-1-2019
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