Another big day for Steem.
The STEEM price continued to climb - peaking at just over US$0.39. SBD was heading back toward dollar parity.
STEEM reached the heady height of #40 at one point on CoinMarketCap.com.
The Steemit Inc powerdown went ahead as planned.
Debate continued and so did the Powerdown
Following on from the launch of the StopThePowerDown Community Petition by 
Hive account@thecryptodrive Saturday saw much continued debate from all quarters.
StopThePowerDown was the topic of the day in posts, in comments, on radio shows and in the temporary Steem Reform Discord server set up alongside the Petition.
Steemit Inc CEO Ned Scott even made a brief appearance in the Steem Reform Discord.
Meanwhile the price of STEEM continued its recent upward trend reaching $0.39, with an accompanying climb to a #40 ranking on CoinMarketCap.com.
There were no further statements or open letters from any top 20 witnesses, although 
Hive account@jesta who had just dropped out to #21, posted a detailed account of recent events...
The powerdown went ahead as planned and the first installment of around 2.6 million STEEM appeared in Steemit Inc's 
Hive account@steemit wallet at approximately 3am UTC.
This liquid STEEM was then sent to the Bittrex exchange, some via a secondary 
Hive account@backup-bittrex account.
Following the transfer of the STEEM Steemit Inc cancelled the powerdown.
A new powerdown of 42118188.068 SP was then started. This now included the delegations withdrawn last week from 
Hive account@dsound, 
Hive account@musing and 
Hive account@sndbox.
Peace at last...
Meanwhile 
Hive account@ned and the witnesses continued discussions.
Three hours after the powerdown and Bittrex transfer Hive account@thecryptodrive updated the Community Petition...
Latest update:
Hive account@ned and the witnesses present in the Steemdevs Slack seem to have made peace. We asked if we could set aside our differences and work together to make Steem great and Ned said “Yes, I will”.
I further suggested we all take a breather, have some cold ones and enjoy the rest of our Sundays.
Hopefully the funds that were sent to Bittrex 3 hours earlier will be returned to chain and future power downs stopped.
Price update...
Since these events took place the price of STEEM has been falling.
At the time of writing (20 Jan '19, 1.23pm UTC) STEEM stands at US$ 0.358, with a drop in the CoinMarketCap.com ranking to #43.
(change on previous day in brackets // n/c = no change)
| Steem price |
US$ 0.390 |
2019-01-20 04:30am UTC |
| SBD price |
US$ 0.947 |
2019-01-20 04:30am UTC |
| Market Cap |
US$ 121,041,725 |
2019-01-20 04:30am UTC |
| CoinMarketCap Ranking |
#41 (+1) |
2019-01-20 04:30am UTC |
| No. of Whales |
36 (n/c) |
2019-01-18 |
| No. of Orcas |
318 (-2) |
2019-01-18 |
| No. of Dolphins |
1979 (+1) |
2019-01-18 |
| No. of Minnows |
9097 (11) |
2019-01-18 |
| Alexa rank (steemit.com) |
#4161 (-1) |
2019-01-19 11:20pm UTC |
Follow 
Hive account@penguinpablo for more statistics.
NEWS FROM STEEMIT INC
Hive account@ned - The Guiding Mission, Vision and Values of Steemit, Inc
Hive account@steemitblog - Hivemind + Ruby
Hive account@steemitblog - Hivemind is Live!
NEWS FROM THE WITNESSES
#21 Hive account@jesta - The recent controversy between Steemit Inc and the community - the premine, control, and where it leads this blockchain
#22 
Hive account@cervantes - Witnesses can be trusted
#36 
Hive account@blockbrothers / 
Hive account@exyle - Vlog 389: I have zero rights to say what anyone else should do with their stake
#38 
Hive account@emrebeyler - Witness update: New infrastructure, projects and statement regarding recent incidents
#50 
Hive account@fyrst-witness - 100% Carbon Neutral ECO-Friendly STEEM Blockproducer!
#52 
Hive account@helpie / 
Hive account@meno - Precarious positions
#69 
Hive account@steemcommunity / 
Hive account@abh12345 - Uninfluential Witness adds 384 words to Steem blockchain on recent events
To keep up to date with more posts from witnesses follow 
Hive account@witnesspage ...
NEWS FROM KEY PLAYERS & INFLUENCERS
Hive account@cryptoandcoffee - How important is having a strategy?
Hive account@cryptocurator - Managing Conflict With Humour : Nordberg, Witnesses & Ned
Hive account@denmarkguy - Steeming Towards the Future: Of Forced Hardforks, Revolutions and Banana Republics
Hive account@kabir88 - N^2 >[(((1/x)N)2)+(((x-1/x)N)2)]
Hive account@lordbutterfly - STEEM marketcap recovering. // How high can we go?
Hive account@lostmine27 - [en/kr] In the midst of confusion, there was a big change in the TOP 20 witness rankings. (혼란의 와중에, TOP20 증인순위에 나름 큰 변화가 있었네요.)
Hive account@sisygoboom - An Update From Wirex (Debit Card Interested In Listing Steem)
Hive account@steemmatt - ConSteemacy Theory
Hive account@taskmaster4450 - Why Steemit Inc Selling It's Stake Is A Good Thing!
Hive account@tarazkp - 200+ million mined Steem?
Hive account@tarazkp - Rage against the emotions
Hive account@tarazkp - The most valuable year in a lifetime?
Hive account@tcpolymath - I will not participate in any consensus fork or true fork designed to remove stake from Steemit Inc
Hive account@whatsup - I Wish I Could Ethically Support Burning SteemIt, Inc's Stake
NEWS FROM COMMUNITIES
Hive account@canna-curate - HashKings!
Hive account@homesteaderscoop - Contest Recap: Product Review - 1000 SP in delegations, 50 Steem Monster booster packs and 20 shares of SBI - for Shopping at Homesteaders Co-op
SteemChurch Venezuela 
Hive account@sc-v - First Meetup of Christian Entrepreneurs in Barcelona Anzoategui 2019
NEWS FROM EVENTS & MEETUPS
JANUARY 2019
Hive account@dougalporteous - Steemit Meetup
Hive account@steevc - Follow Friday : Steemians assemble!
Hive account@teodora - Bow to my dearest friend skills
APRIL 2019
Hive account@steemcampuk / 
Hive account@lloyddavis - Save The Date - Saturday 6 April, SteemCampUK event in the Midlands, UK
MAY 2019
Hive account@dtube.forum - Early Birds of @dtube.forum 18/01/2019
DECEMBER 2019
Hive account@steemfiesta - SteemFIESTA 2019 - The First Five Days of DECEMBER - Summer in the South!
NEWS FROM DAPPS, APPS & DEVS
Hive account@knacksteem / 
Hive account@ckole - Knacksteem ; The ultimate changer. Be an early adopter of knacktoken
If you want to check on progress of development on Steem, check out the GitHub here...
- https://github.com/steemit/steem/branches
If you want to check on the current list of full API Nodes witness 
Hive account@holger80 provides this via 
Hive account@fullnodeupdate...
MEDIA COVERAGE OF STEEM & STEEMIT INC
Hacked - STEEM Coin on the Move While Steemit Loses 20 Million Visitors in Six Months
This is #48 (19 Jan '19) of this daily news service.
Please let me know of any important posts or key data that should be included. Comment below or message me on Discord Pennsif#9921
[ graphics by 
Hive account@pennsif ]
]