Good day Steemian welcome to today's Steem price update for 22/5/2019 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 22/5/2019

Should you be trading with Steem today...?

March 10th Steem reached it's highest for the year at $0.55. SBD's also had a breaker in the same month of March on the 13th with it's highest being $1.41. With Bitcoins they have recently been holding above the $6000 mark, the highest for Bitcoins on the latest upwave which was beat on May 16th was at $8340. It's been a rollercoaster, starting with that crazy upwave going from $5290 to $5778, Bitcoins dropped to $5724 but recovered fast and went on to $6071. The next day there was two upwaves taking Bitcoins to $6417 it lowered to $6263 but almost reached the $7000. Things may have calmed down after that but Bitcoin's still broke record again going to $7553! The mayhem continued with Bitcoins upwaving to $7908 and then to $8297! It's only been 6 days since they reached the highest at $8340, they fell on May 17th to $6950 but today Bitcoins is on average at $7942 which is again higher than yesterday. Steem is trying to stay above $0.35 with it's overall ranking position being at around #59 amongst all other cryptos. As you know we beat the January high marking our highest value at $0.55. These past few days Steem as been presenting themselves with various opportunities to buy-in but Steem as been going up slightly closing that gap, even with Bitcoins starting to fall the pull-back doesn't seem giving us more really good opportunities to buy which is good news for Steem holders as it's still been going up slowly. Yesterday Steem started at $0.35 and today we started on $0.38 which was nice too see but Steem still continued onward reaching the $0.40 mark at ⏰01.55 but quickly fell to $0.39 and then $0.40 again, Steem done this one more time before going down further to $0.37 at ⏰12.20 which since then Steem as been trying to recover back to $0.40 before the end of the day. Anyway if nothing much will happen for Steem in 2019 which is slowly looking more doubtful 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 higher collecting actual Steem becomes more difficult. But Steem is doing so much better than what many 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 still worth about $0.34! As for the SPUD initiative.. no not potatoes but (Steem Power Up Day) there was around 980 accounts who powered up adding a total of 145,430 Steem, compared this to the average power up per-day of 106,300 Steem, this means some of you are now new dolphins in town, so with myself included in the dolphin count we have a total of 2000 dolphins!! Also things are going just as I thought they would as whales used to own about %86 of all shares on the system and while today would you believe that they only own %55! This may seem like horrid news but it really is not! Because if we look at Dolphins we owned only %4 just over 2 years ago and now we own %13. Anyway no longer in survival mode the conclusion from all this is to continue cutting costs Hivemind is live the "steemd" instance size's went from 488GB RAM to 61GB RAM! Focus is on a multi index RocksDB adapter which is 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 the move will make nodes cheaper. Ned said that the cost reduction progress will still remain above the creation of SMT's which I feel was the right move. 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 they broke record March 13th reaching $1.41. Currently SBD's are at a "average" pegged rate, yeah they shifted up.. but lets hope it will hold as unfortunately it wasn't that long ago SBD's were not too far from reaching the $1.15 mark but considering how much Steem had dropped the results were not too bad. We must remember as SBD's were in at the low $0.60s during December and it was not much better in Jan jumping between $0.70 and $0.80. Anyway SBD's began yesterday at $0.98 and today we started in a nice place at $1.01, like Steem the SBD's also went up reaching $1.04 at ⏰02.05 but fell back to $1.01 at ⏰03.15 but the fall didn't last long either jumping back to $1.04 which this happened one more time before SBD's fell under the $1.00 mark at ⏰11.15 even going to $0.98 at ⏰12.20. But by ⏰13.00 SBD's were back at the $1.00 mark and have steadily been trying to go up with SBD's going for a hold on $1.02 at the moment.

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-30-4-2019

-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

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