Good day Steemian and welcome to today's Steem price update for 27/2/2023.
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 27/2/2023.

Should you be trading with STEEM today...?

(Images By: @simonjay)

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Feb 2023 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. Since then the price as gone up in the general market this includes Steem, a good sign yes but not for reaching our goal haha. However this doesn't matter as the point of us trying to reach our 50k goal is to secure and raise the price of Steem which is still selling at a accessible price for many folks. Steem and the general market is being often predicted of falling again soon at the beginning of March 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. Apparently the reasoning for all this 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 went to sleep earlier than usual but actually still not early enough. Well it didn't really surprise me that initially I couldn't fall asleep as fast but at least I tried. And this was very much needed as I had work really early yup it's just what you need after a long work meeting yesterday, even it I was a good meeting. When I got up which surprisingly wasn't too difficult it was still pitch black out. Since I was up without much trouble I actually had a little spare time before heading to work so a got some food. When I left home it was a little surprising how light it got, I know the days are getting longer but wow the sun was out fast which is good because it was indeed cold. At that time of morning I wouldn't be doing the usual but instead helped the superiors get ready for the day ahead. I didn't have to stay in for the long plus the superiors were really helpful this morning even helping me get some of my jobs done. Since I was finished early and by the time I got out the weather was a lot more decent I went for the extra long way home. When I got home I got some food and got on with as many chores as I could and logging on Steemit before feeling like a I needed a nap. Well I probably didn't need to sleep right at the moment but the problem was if it gets much later there will be no point having a nap. So I tried to sleep and it mostly failed but I still very much believe it was needed, when I got up I continued on with the chores I could do. This dreaded work meeting in the end wasn't so bad, especially when it starts with a ton of free pizza and drink. As for the actual meeting yes it was actually a lot better than usual "and I'm not referring to the pizza here" but it was actually straight to the point but not also not rushed at all. It was still a very typical meeting but refreshing and so much better to understand what they wanted us to learn and understand. They started by showing us they key metrics of the business, out of about 15 or so items we was only behind on two. And since the results were mostly all positive it was announced that they are pretty sure "about 95%" that the business will run for at least another 2 to 3 years. Hopefully this will be the case and the main thing I wanted to know from the meeting. I was very happy to hear that it was looking very positive at least for a little longer. After that they talked about some system changes which "aren't great" well I think in most of my fellow colleagues eyes we see it as a step backwards, but what do I and we know eh. Next they talked about things they want us to improve on and the usual moaning section they do which actually wasn't that bad. There was no silly games or exercises which was great as those are almost always pointless and dumb, again it was very straight to the point which is what we need so we can understand things better. They finished by giving out the usual silly prizes, this part is usually pretty boring because there is a small set of people who usually win almost everything. However I was shocked that this year I won the 2nd from top prize. While that was very unexpected and I guess nice I however valued a lot more learning that we are very much on track for having a job come this Christmas. When I left work the other day I remembered this time to check over the green patch close to home because the other night some idiots thought it would be a good idea to turn up on their "quad bikes" and do a ton of spins on the lawn. Now I get some people might find that fun, heck I would enjoy a quad bike but not on a residential area at nearly midnight making a racket when people will be clearly trying to get some sleep. Also the lawn is clearly not for these idiots to be quad biking on it. They were doing many spins and I could see earth and grass flying about everywhere. Not only were these fools making a noise late at night but a mess, and so when I checked it I was surprised not to see earth all over the place which does make me wonder if someone cleared it up a bit. However there was definitely tire tracks all over the lawn, again I'm surprised it was not it a worse state. It's not the first time this as happened but hopefully they won't turn up again any time soon. It was reported that it was going to get much colder again in this last week of February and so far they haven't been totally wrong however we didn't get the snow bomb they mentioned neither did we get the snow bomb they mentioned last time.

As for Steem there as been a few changes when it comes to the Steemit Team and it's booming support, communities have been separated into different tiers, 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 in the hope of getting booming support from the team and due to the extra tiers it seems all communities that applied have been excepted. You can check out these communities for yourself at Booming Support Communities 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 at 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, there was also a halt in receiving these TRX rewards for a few months. I believe that the issue maybe resolved now however we probably receive TRX rewards less often, perhaps only when reaching a certain amount like for example 30 TRX in order to put less strain on the system? There is also 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 but it wouldn't surprise me if this happens even sooner. They have also announced that they are blocking many people now from being able to buy crypto via their banks because crypto is volatile??.. LocalBitcoins as very sadly announced it's fall after a decade of service, in the statement it's said this is due to the crypto winter market but the real culprits are likely the authorities as there sure seems to be a lot of services falling due to draconian rules, it looks like Binance is being another target. Also the International Monetary Fund has been urging countries not to adopt cryptocurrencies as legal tender due to their higher risk of instability which sounds like a poor excuse. They have previously criticised El Salvador’s move to become the world’s first country to adopt bitcoin as legal tender but this idea has since then also been copied by the Central African Republic.

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