Good day Steemian welcome to today's Steem price update for 11/6/2019 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 11/6/2019
Should you be trading with Steem today...?
Please remember post's might be a little on and off for the next 2 weeks while I visit my dad, but I will still try to continue to make them daily, I missed one the other day because I must have caught a bad reaction to some food it lasted for mostly just 1 awful day but was still recovering afterwards, then the following day after recovering I had a nasty headache which I had since I got up in the morning lasting the entire day, I cant seem to catch a break at the moment plus all this talk of Steem's new reward system as many on edge. Anyway I still managed to get more votes done today think I may have caught up with both all votes and comments finally. On March 10th Steem reached it's highest for the year at $0.55 and also on March SBD's had their breakout on the 13th, their highest was $1.41. With Bitcoins they have recently been holding above the $7000 mark, the highest for Bitcoins on the latest upwave which was beat on May 27th was at $8920, but at the moment Bitcoins as been seen around $7874 which is still a recovery from the fall they had 2 days ago. Steem is trying to stay above $0.35 with it's overall ranking position being at around #60 amongst all other cryptos. As you know we beat the January high marking our highest value at $0.55. Yesterday Steem began at $0.38 and for today better at ⏰0.41 and infact Steem was strong and steady today it barely moved from $0.41 until ⏰14.45 with only a brief downbump at ⏰11.20 to $0.40 lasting maybe about half hour then it was back to $0.41 and upwards reaching $0.43 at ⏰16.40. Steem after fell abit $0.42 but soon continued upwards again and not long ago hit $0.44. If nothing much happens for Steem in 2019 then I hope those who are still in the game will take the opportunity to keep collecting because right now we are in a seriously good place to grow our accounts, remember as the price goes up collecting actual Steem becomes more difficult and the price as indeed gone up from when the year first started. Steem is doing better then you may realise, in BTC value Steem made its way to a possible new all-time low but if you look back and have been here as long as me the lowest Steem has ever been was at $5800 BTC which was way back in March 2017 if you look now BTC was somewhere around the $6250 mark.. and so last time at $5800 BTC Steem was worth $0.07 but look now around $6250 BTC it's was worth about $0.34! Also with myself included in the dolphin count we have a total of 2000 dolphins and things are going just as I thought when it comes to wealth spreading, whales used to own about %86 of all shares on the system but as for today would you believe that they only own %55! Now that may seem like horrid news but it's really not! Because if we look at say Dolphins just over 2 years ago we owned only %4 and now we own %13, basically the wealth is spreading. Anyway no longer in survival mode the conclusion from all of that was to continue cutting costs, Hivemind is live, the "steemd" instance size's went from 488GB RAM to 61GB RAM. Focus is on MIRA and it's soft launch a new technology 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 said that after the cost reduction progress the creation of SMT's will be next but just dont expect it the have all the answers on getting the price higher. If you have returned recently to Steemit please be aware that there as been a wallet split to your account so please have your keys backed-up, yes ALL of them and don't use your masterkey to log into Steemit.com instead use your posting key, remember that when you click on your wallet you will be directed to a completely different website which should be "steemitwallet.com" please don't worry as this website is safe and part of Steemit.com. For SBD's if you remember they broke record on March 13th reaching $1.41 and are currently on a "higher" pegged rate, I have been hoping for a while to see this again but right now it really is just about holding on. SBD's began yesterday with $1.03 and for today abit higher at $1.04 and it was looking like a good start with them going to $1.06 by ⏰00.30 but then a fall at ⏰01.20 put SBD's back to normal with $1.03 but it continued with many bumps to $1.04 at ⏰04.20 a bump to $1.05 but there was also a few falls down to $1.02 starting from ⏰08.35 and stopping at ⏰15.55 giving a good hold on $1.03 once more, SBD's have been on $1.04 on average.
Always do your own due diligence the above is only a opinion.
Source: picgifs.com
Our Ship Is Now Dolphin Powered
Source: giphy.com
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https://steemit.com/steemit/@simonjay/daily-steem-price-update-30-4-2019
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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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