Daily Steem Price Update 30/9/2019

in #steemit5 years ago

Good day Steemian welcome to today's Steem price update for 30/9/2019.
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 over 2 years now.

I also want to mention incase your wondering that when something doesn't seem normal from the other regular "Price Updates" that the daily Steem price posts do occasionally change their 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 even if you are not planing to do anything with your Steem I still recommend checking out these updates and so keeping an eye on the price.
So without further ado lets take a look at today's Daily Steem Price change for 30/9/2019.

Should you be trading with Steem today...?


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What a surprise, well maybe.. check out that Steem drop 4 days ago, I said most likely it will revert back-up as it normally does. I was partially right as many didn't waste any time in buying, most if it recovered but as gone down again due to Bitcoins falling which seems like Bitcoins is slowly recovering. There was signs of this drop possibly happening weeks ago but didn't think it would happen now, also the SBD price had dropped. It will be very interesting to see what happens from here there was some big opportunities opening to buy Steem as Bitcoins as not been this low since around June 15th!! Anyway there were some workmen up on the electric poles "fixing the wires" near my house and soon after I was cut off from the internet. I called my provider they told me they would send over a engineer, he didn't show up. Phoned them up again and they will send the engineer tomorrow then cancelled him but then the next morning I was asleep knocking on my door woke me up it's the bloody engineer!? One hour later he fixes my internet back now and I also brought and added 20 extra Steem Power to make up for the losses.

NEW-STEEM continues.

From what I can see it really was community at it's best even with all of the different changes brought in by hardfork21/22 it got many people talking. We connected and commented-on each other's posts about what we were experiencing with the changes. The first hour was fine but soon after Steemit came crashing down. The Dev Team restored the blockchain quickly as it was a whale testing the new downvote pool on new-steem for the first time which made it crash!

Keeping this ship moving forward seems to be especially important since the HardFork21 and the 22HF switch over, this is because of both the Steemit proposal system and the new rewards curve structure as made it generally more difficult for many to gain the same rewards they did prior to the Hardfork, but if this all pans out there should me more chances of getting a higher payout.

HARDFORK 22?

HARDFORK 22 happened but before you think SMT's are available like right now they are not. A issue was discovered after HF21 and it was preventing delegations from functioning properly. The solution was to quickly HardFork again. But the problems didn't end there the blockchain halted again soon after the fix. This time due to a bug in the new curation's reward curve. The Dev team develop a patch which did not necessitate yet another hardfork. The actual bug was incredibly difficult to detect and it's go-ahead effects would of been disastrous to the blockchain. But this kind of behaviour from the bug would prompt a safety catch to stop it, and luckily it did. People did ALOT of complaining about the lack of communication during the down time, still the team did put out some effort saying they were aware and working on a solution. As for Steem INC they now continue to work on bringing SMT's and actually despite the extra hardfork22 related work the team are not far off schedule for it's release. They have recently completed work for "Specific Voting" which is a means rewarding users with the desired SMT token of choice, it's a important coming feature, and while it's a needed feature it may make thing's even more confusing for new users. Steem INC have also made a huge improvement on the signup process, I'am of course referring to their on-boarding of new users. Yes it seem that now while some accounts can be approved in as little as a few minutes Steem INC claim this shouldn't effect the quality of users they accept into Steemit.com, but please before you start complaining about a certain new bad actor remember that there will always be some who get in. It also seems that "RC pools" are on their way. I know some Steemians are eagerly awaiting for this as it could be a future source of income. The RC pool's will most likely come with the release of SMT's as large stakeholders often have tons of RCs that they don’t use. And so the idea here will be the RC delegation pools will enable large stakeholders to delegate their RC's to these pools, from which then multiple of those RC's can be distributed to other users or projects without the actual need to delegating one's Steem Power in the first place. So basically just a few large Steem powerholders could delegate RC's to thousands of users at any given time. The point is this can solve and help with the on-boarding and make sure there are enough resources to keep the blockchain running smoothly without eating into more costs. Anyway there was some discussion's that the Steemit proposal system was not being used enough by regular users, in other words not enough people are voting on the proposals or showing interest, I believe this was down to much of the community not being happy about the %10 of the reward pool being cut and going towards such a system but it seems due to some efforts by Steemit INC and "influence users" there as been a growing interest. And speaking of the Steem proposal system you can now check on live proposal's within a new interface found in the Steemit wallet at: https://steemitwallet.com/proposals. This means you can cast your votes still within the safety of the steemitwallet website.

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-19-9-2019

-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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So if you like this page I need you guys to do me 2 easy things.

1.First please upvote this page.
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Also since votes don't always = $ and you if want to see more you can send me Steem Power Tips to @simonjay to help support me.

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To support your work, I also upvoted your post!

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Hi @simonjay!

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Maybe the most important question I can ask here is: Who is that beautiful curly blonde lady in the picture with you?

Posted using Partiko iOS

LOL your probably right, she's a part of the appics crew.

Ok, good to know! ;-)

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