Daily Steem Price Update 11/3/2023

in #steemitlast year

Good day Steemian and welcome to today's Steem price update for 11/3/2023.
I have been posting the Steem price update since almost the very beginning of Steemit.com back in 2016 along with other content.
Many have came here to discuss the daily Steem price's and recent STEEM changes for over 6 years.

If you tire of addictively looking at the charts every few minutes then instead just relax and look here for the average STEEM price for your daily plan or strategy.
And even if you are not planning to do anything with your STEEM I still recommend checking out these updates every so often.
So without further ado lets take a look at today's Daily Steem Price for 11/3/2023.

Should you be trading with STEEM today...?


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(Images By: @simonjay)


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March 2023 There is much talk of the government bringing out it's own digital currency, this is something many had predicted years ago and in 2025 they are going to try and put it forward with a release expected in 2030, well it wouldn't surprise me if this happens even sooner. Also it was announced that they are blocking many people from being able to buy crypto via their banks, yes this was done sometime ago but there were still many places who wouldn't block these transactions, however this as now been greatly enforced, the reasoning is because crypto is.. well volatile is the excuse.. We previously had a big fall that took Steem down to $0.14 and with such a fall this helped us with collecting more Steem for our main goal this year. In 2023 what we are aiming for is to finally reach Orca or in other words this means holding a total of 50k Steem Power. Steem and the general market had been often predicted on falling near the beginning of March and it looks like we are getting some of that that happening for sure. So far it's not doing too bad however what isn't going at a good rate is our average electrical usage charge. These greedy energy companies just don't stop milking people and this cuts into investment, many things have gone up in price. The new year didn't bring much better with the weather being colder and the cost of living spiralling upwards hitting hard. Many are left wondering when will it all get better? The bad news is most likely it won't, I mean it never as before so why do people continue to think there will be a reverse on these costs. Back in January I saw news articles asking the same question but later claiming that as we go deeper into the year the cost of living will go down. More articles since then claim the same scenario, well I don't ever remember hearing or ever seeing the costs going down, it always goes up, so good luck with that. To prove a point we are once again being told next month April the electric costs are going up once again which is seriously ridiculous. Apparently the reasoning for all these things is the war in Ukraine, but honestly if that's the case we must be literally getting almost every single thing from 2 very specific countries. The on-going war is a terrible moment in our history as Vladimir's army doesn't stall at the boarder, they instead attack, strike up fear, call treats and cast sadness into the lives of many. A war that if we are not too careful could just be what spells the beginning of the end. Best keep an eye on those politicians and refuse war at all costs, as continued provocation is on-going "we do NOT want WW3" but perhaps to stop that it may be already much too late.

I didn't expect this year on being much better, people just seem to be getting worse, losing themselves more and more doing horrendous things to each other, those in control up top are no better and also responsible for much of the hardship happening. Last night I managed to go to sleep earlier than the previous 2 nights which was very much needed as from all the stress lately. Not only that but I also got a good nights sleep, the previous night it was difficult to sleep as being completely under the cover was too hot but with head above it I would get too cold, both instances would wake me from my sleep. When I got up this morning I still rested a little longer because it was comfortable in bed and I guess out of it was cold. I was surprised and happy that in the morning there was finally some sunshine, however like I already mentioned it was still cold. There was not much time before having to get ready for work but still enough for some chores, logging on Steemit and doing some research on getting hold of more crypto. I noticed I big contrast online today about 50% of people were talking about how nice it was to see spring arriving while the other half were talking about how much snow they had. If anybody want's to send me 1 mil of Steem so I can move somewhere warmer that would be appreciated. When I left for work I could definitely tell the weather was better compared to the past 4 days but it was still too cold. Arriving at work I checked to see if I was doing the usual which I was and while I knew there was no extra work later I hoped for no extra jobs which was also the case. It was quiet towards the end of shift except for when I left one of the superiors was complaining that I wasn't signing one of the leaving sheets. See we have just started on another new system which is a online one and I guess the point of singing for stuff online was so we wouldn't need to do it on paper, saves money and the environment plus work. But it's funny that companies always seem to solve problems to make things easier yet add the same things for different unnecessary reasons putting back what was taken away and so we go to square one again. It's honestly amazing how stupid a lot of things are and how overly complicated we make it. On the way home it was already dark and the rain had returned at least it wasn't windy. I felt a little under the weather due to the lack of sleep, stress and from the incident with my mother but today I was much better. I wasn't able to post the other day as while I was out with friends I got a call from my mother at a peculiar late hour, but even more strange was when I picked-up it was the police on the line asking me who I was? The police explained my mother had a fall when she was out and as her son I had to help her. Of course I rushed from my friends to go to my mother, luckily I was relatively close by in the area it happened. Thankfully after a few hours we was able to get her home, I was extremely tired from the ordeal and the thought I was about to lose her was very stressing and upsetting. Thank goodness she is now doing better. The "dreaded" work meeting in the end wasn't bad at all but the only real thing that really made it worth while was returning home with the knowledge that we are most likely "about 95%" going to still have a job come Christmas for another 2 to 3 years.

As for Steem there was 66 people who took the time to submit an application to become a Community Curator for March and so between the seven curation teams there will now be 49 community curators which means 4 million SP in total will be used for upvoting content, you can see the Teams and those selected here Community Curators. Also some changes when it comes to the Team's Booming Support, there are so far 3 different tiers which means there is more opportunity for other communities to take part. There were nearly 30 communities putting themselves forward for getting booming support, you can check out these accepted communities for yourself here Booming Support Communities. Steem took a big fall ever since the bitcoin downwave from 60k this sadly also took down the value of SBD's, however it had done a good job of holding around that important $3 mark for many months. My hope is now SBD's can once again secure this value for when Steem does eventually go back up again and so far it's looking healthy to be doing just that. What I like about Steem is it still offers so much opportunity for those investors who realise the enrichment that comes from holding such a token. In one way I wanted the crypto market to remain on the lower end for a while longer, this is to try and get some discounts on various cryptos and in turn hopefully getting a small ROI with Steem. As for TRX there was also a drop in price, we also for a few months were not receiving any TRX rewards. However most of the missing TRX rewards have now been sent to users, we are also now receiving our current TRX rewards more consistently but it does take 2 or maybe 3 days to get them to appear on your wallet. Still what worries me more is if the market can recover, and while naturally I had no doubts that it would eventually, however there seems to be a lot of movement from authorities which seems to prevent many from being able to take part, perhaps making crypto get stale. Looks like Binance is being another target for them, also the International Monetary Fund has been urging countries not to adopt cryptocurrencies as legal tender due to it's so called higher risk of instability. These guys also previously have criticised El Salvador’s move to become the world’s first country to adopt bitcoin as legal tender, but this idea has since also been copied by the Central African Republic.


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