Daily Steem Price Update 3/4/2019

in #steemit5 years ago

Good day Steemian welcome to today's Steem price update for 3/4/2019 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 3/4/2019

Should you be trading with Steem today...?


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Want to say thank you, and to everybody else who gave their support on getting us to dolphin we achieved this after 30 months. I'm sure once the price goes up higher it will be more beneficial to us all. Now then on March 10th we have seen Steem reach it's highest for the year $0.55 along with SBD's which also had a breaker on March 13th with it's highest being $1.41. With Bitcoins the last 5 days it'ss managed to stay above $4000 and as stayed near to $4100. Infact bitcoin's as now been going upwards for a week and yesterday we had a crazy upwave, taking Bitcoins from $4127 to $4885!... and if you think that was good well it's not stopped... Bitcoins reached $5000 today and this year's highest is now $5250! With Steem as you know we beat the January high now marking our highest at $0.55. We was holding nicely above $0.45 but we fell just under, and lately been holding right on $0.45, our ranking position is around #47 amongst all the other cryptos. Bitcoin as been recovering I mentioned the other day I expected a rise and here we are, I mentioned yesterday this should force Steem upwards. And so we started at $0.47 today after yesterday's climb, at ⏰01.05 we saw Steem already wanting to climb reaching $0.48. Steem fell twice to $0.47 again before at ⏰03.45 reaching $0.49 it then fell to $0.48 at ⏰04.20 before reaching $0.50 which is the highest for today and not far from another breaker for this year hehe. Anyway this didn't hold and fell back to $0.47 at ⏰05.20, Steem started recovering and took until ⏰17.25 to reach $0.50 again. Anyway if it's true that not too much will happen in 2019 then I hope those who are still in the game will take the opportunity to keep collecting Steem. I also want to make it clear that I was apparently wrong in pulling the trigger too fast that we was out of survival mode, it seems according to Steem INC they still found themselves to be in survival mode but now we are officially crawling out. But longer in survival mode the conclusion from all this is to continue cutting of the costs of nodes. Hivemind is now live the "steemd" instance size's went from 488GB RAM to now shockingly 61GB RAM! Focus is on a multi index RocksDB adapter which is a new technology in development 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, this move will make nodes cheaper. Ned also said that the cost reduction progress will still remain above the creation of SMT's which I feel is the right move. Did you know that after the wallet split from steemit.com is complete that both logged in and non-logged in users will see the adds on Steemit.com, I would rather not but understand this is part of keeping us out of survival mode if it was to happen again. Steem is also available for trading on the Huobi marketplace so if you are a U.S. resident just go to huobi.com, if you are anywhere else you could try Huobi global at hbg.com. Also if you still don't understand how your private keys work or are relatively new to Steemit you can go to the Steemitblog account for a more recent official explanation. For SBD's they broke record March 13th reaching $1.41. Currently SBD's are at a "slightly higher" pegged rate, yes yes good to see SBD's above again, we started today with SBD's looking eager to climb with $1.02 it only took until ⏰00.25 to reach $1.03 and by ⏰00.45 a few times $1.04 started to been seen. At ⏰03.25 SBD's got a hold on $1.05 which was the baseline for today but we still had more movement with a upbump taking SBD's to $1.09 at ⏰04.55 which was very nice. At ⏰06.30 it downbumped to $1.04 which I believe appeared one more time later but mostly we stayed at $1.05 between jumping to $1.07.

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




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-Steem Price-
https://steemit.com/steemit/@simonjay/daily-steem-price-update-1-3-2019

-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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Thanks for posting todays update

Good afternoon @jkenny Bitcoins reached on the day the $5000 mark and higher later, and so this year's highest for bitcoins is now $5250 which should be the push to force Steem to go up a little higher.

Now we have targeted ads in steemit just like in google. Not good.
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I wont lie to you @manorvillemike I'm not too keen in those with actual Steem accounts to have ads infront of us but for now it's necessary to make sure we don't fall into survival mode, not only that but it will stop SteemINC having to sell as much Steem.

This sure was a nice surprise! : )

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