Good day Steemian welcome to today's Steem price update for 1/4/2020.
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 1/4/2020.

Should you be trading with Steem today...?

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It seems like each day now more places are going into lockdown due to of course the corona virus, we ourselves are also in a lockdown. But shockingly I must continue working because we are owned by a company who deals with food. Like all other colleagues have already stated it's like a loophole in their system to keep us all working, we are of course not pleased at all by this nor do we produce or sell any essential needed products. It is rather infuriating that we continue to put not only our own lives at risk but the lives of our family and others for the sake of company profits. The company denies that this move is for profit but rather it's to keep people's hope's up? But if that is the case then we would of liked to see the company pay more to the staff who are out there putting their lives at risk, if it's not for profit they should prove this by raising the pay of those of us being forced to work or lose our job. But if it's not that there is always something going on around here with STEEM. If you have been following the STEEM related madness then you may know that due to Justin Sun who as brought Steemit INC as managed to drive the community to fork the blockchain into a sister chain. This new blockchain being called HIVE had its "move" happen over the last 2 weeks and seems to have been mostly a successful switch-over. Well and I think we can admit that firstly it seemed like nothing could be earned on Hive as votes showed-up as dollars and not as for example HBD, posts were also still appearing on Steemit plus wallet's were completely inaccessible along with other bumps. But to my relieve and to also many users the wallets on Hive seem to be functional in receiving rewards but yet looks like some exchanges are still having issues not letting people move their Hive tokens, but atleast those wanting to move Steem can finally do so as it's been fixed. So lets be clear Ned is no longer the owner of Steemit and many millions of STEEM is held by the Steemit INC accounts, the promise at the time was that the main Steem stake was not to be used for voting posts nor witness voting as it was mined early before anybody really had much chance to acquire any, and so it was instead to be used for on-chain development costs only. There is enough Steem Power within the Steemit accounts to knock out the Witnesses and replace them. But this is a decentralised blockchain right? Well Justin Sun as taken control and not in the way your thinking. When Tron bought Steemit INC many in the community got worried that Tron could replace Witnesses, take over the blockchain and then force a token swap. The action decided by our Witnesses to prevent this from happening as Tron did not communicate with anyone was to lock temperately Tron from these accounts by freezing up their STEEM holdings. This was to mimic the initial agreement with Ned until we could confirm the blockchain is safe. Tron's response to this move was to gather from exchanges Poloniex, Binance, Huobi which hold much Steem and get them all to power-up to have enough POWER for Tron to then up-vote-in all it's own witnesses. This was to replace the balance of power making himself in-a-way a "dictator" of all thing's Steem. With this move it means that Justin could make his own Hardfork to unlock his main accounts again. There was a post explaining Justin's reasoning behind it, apparently he didn't know what was promised to the community with that stake. And so the witnesses who done the freeze to he's account were called "hackers" the post also contained reassurances that the Steem blockchain would not be moved to Tron without first the communities approval. Perhaps this whole show as been a demonstration that Steem atleast for now is still unfortunately not as decentralised as what some of us may have hoped, but still I think it's steps ahead 💛 of our current day capitalism.

🌍Many had rightly predicted the Steem price started to rise in February this seemed abound to happen regardless of the move on Steemit INC's being sold over to Justin. The price did rise but many complained it was only a small bump, still those with some SP behind their accounts noticed the difference in benefits for having some skin in the game.

My goal 💕 is to reach 💛10.000 SP, I have been on here for over 3 years and have never powered down once, meaning your votes are safe with me and help retain Steem's value. We totalled 7.841 SP at the end of 2019 and so that is what we started the year with. So if you want to help me jump-start this quest to lock away 10.000 Steem Power and retain more of Steem's value please consider leaving your best vote below. Still with everything that is going on now with Hive who knows what if Steem still as any opportunity to see the light of some success.

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🌍 On Nov 22th the price of Steem fell to $0.10 this was the fault of Bitcoins as it dropped to around $6580 forcing the lowest Steem price for 2019. In 2020 Steem's lowest was already better then in 2019 at $0.11, but now that seems like we had it good after we saw a nasty Steem all to it's lowest in a long time at $0.09. But starting during February we saw jumps to $0.20 but we broke record recently with a mystery spike of STEEM which unfortunately didn't last long but on March 19 Steem reached $0.40 which would of made me very happy is it stayed there. As for the mystery spike some think Justin was buying up STEEM to stop people moving to HIVE others say it was people buying up STEEM for the HIVE airdrop but who knows why STEEM went went up so fast.

But still in 2020 this current price is still nicely cheap to buy-in a good amount of Steem Power for your account to those who could see it's benefits and who believe STEEM can still pull out of this mess by Steemit INC and TRON.

Anyway as for Bitcoins it was back on February 24th that I believe we last saw Bitcoins at $10.000 there had been alot of talk about Bitcoins coming out of the bear market near mid Jan but to be honest Bitcoins had actually been going slowly upwards since Dec 18th 2019. But the upward trend stopped in Feb 13th 2020 and more recently something that started on February 24th was the beginning of a big downwave that happened on March 13th taking Bitcoins to $4225! Luckily since March 19th Bitcoin as stated to see better numbers going above $5500. As for the SBD's they went above $0.70 on Jan 18th. We had not seen $1.00 worth of SBD's since Jun 28th in 2019 until finally on Feb 13th we hit $1.00. SBD's have been doing relatively well since getting past the Bitcoin drop staying mostly around $0.70 and even going to $1.24 on March 19th during the Hive hardfork mess.

TRON Owns Steemit INC.

Steemit INC was brought by the head guy over at Tron "Justin Sun" there was much worry on what would happen to Steemit INC and it's development team plus all the hard work towards bringing us SMT's in 2020. Many had seen tweets from Justin Sun claiming there was going to be a conversation of STEEM to TRON Token but from the live AMA with Ned and Justin he promised everything would continue as normal, within a few days communities were launched. If your curious of the benefits of SMT's the whitepaper is the most authoritative reference for understanding what they can do for us. The best way to think of it all is like giving users the ability to create their own Steem-like-tokens. 💓 As of right now alot of extra Steem is floating around because of initially the SBD conversions and now others are selling because of the fear Justin will sell all he's stake when he comes to power. There was also a proposal about power downs going from their current 13 week track of "powering down" to a new power down of only 4 weeks, at first it seemed kinda like a normal suggestion but I did notice there seemed to be a push for this.. even with many against the idea, I wonder now if this was Ned preparing Steem for Justin Sun's powerdown. In the past new projects for Steem could receive a delegation but now Justin Sun is in control of the delegation account and there as been some major changes with how much delegation projects are getting. Before Justin got in to Steemit projects most likely to receive any delegation are only for the ones who were offering the most value. So in terms of like a mix of services, fiat, crypto, utility tokens, equity etc. Projects had to compete for such delegations because they can be of really good value, for example a project that had a 1M SP delegation for a year had gotten around 10,000 Steem per week for 52 weeks! That's around 520,000 Steem and so worth around $50k, and if you think modestly in the past that's even been worth as much as $500,000💛! Justin Sun as also done away with most of Steemit's advertising model to improve the users experience on the website 🌍 and while I think this is a great move 💛 perhaps we could do with the money in this current unknown situation. But I did notice it seems ads have not been fully taken away as Justin claimed, still they are much less invasive and I think it improves the user experience.

If your a business or interested in marketing and finding a community of active users thanks to this wonderful platform I would advice you to invest in some STEEM Power first to gain more trust and viewer-ability withing the STEEM community.

Always do your own due diligence the above is only a opinion.

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Source: picgifs.com

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Our Ship Is Now Dolphin Powered

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Source: giphy.com

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-Steem Price-
https://steemit.com/steemit/@simonjay/daily-steem-price-update-31-10-2019

-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

So if you like this page I need you guys to do me 2 easy things.

1.First please upvote this page.
2.And secondly dont forget to follow me below.

Also since votes don't always = $ and you if want to see more you can send me Steem Power Tips to @simonjay to help support me.

@paradise-found - @karenb54 - @koskl - @hanshotfirst - @mammasitta - @akomoajong - @yusril-xabre - @surpassinggoogle - @whatisnew - @kristy1 have already done this so a big thank you to them all!

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