Good day Steemian welcome to today's Steem price update for 3/1/2019 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 prices and changes for just over 2 years now.
I also want to mention just incase your thinking something doesn't seem normal from the other regular Price update posts that the daily Steem price posts do slightly change 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 its 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 3/1/2019
Should you be trading with Steem today..
Here we are it's 2019 you made it Happy New Year, some of you were still in hopes of seeing Steem rising upwards to $2.00 but unfortunately as expected that didn't happen, if your wondering why there was such expectations of Steem going up this is because last year we started with the price of Steem and SBD simply "booming"! We left 2018 with the Steem price at $0.26 and now 2019 Steem is at $0.28 we did see Steem reach $0.29 yesterday around ⏰21.15 but from the previous results you will already know.. that didn't hold very well. We had 2 green days to start the year nearly a third but today we go down with a tiny down-bump. Already been told by those predicting prices that 2019 could be a very dull year unless something changes but if that does happen to be the case then I hope all of you who are in this game with me will be strong and take this opportunity to keep on collecting Steem Power before it gets even more difficult to obtain. At these low prices we are still on a survival mode era of Steemit.com as Bitcoin's value dropped drastically forcing Steem's own value to tank causing "Steem INC" staff reductions and a possible threat to the website. Soon after this news the conclusion was to survive by cutting down the costs of nodes among other strategies which will still take its time to implement. The good news is with recent development Ned said we should be able to save enough to make it past this bear market. While amazing news it's only speculation we now still need to actually do this and survive. Steemit INC said they are on track with it's cost reductions, RocksDB and moving forwards with SMT's. SBD today was slightly more bumpy but it even went up to $0.75 this didn't look possible when it feel to $0.73 at ⏰09.15 but as now recovered.
Always do your own due diligence the above is only a opinion.
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