Daily Steem Price Update 5/11/2020

in #steemit4 years ago

Good day Steemian and welcome to today's Steem price update for 5/11/2020.
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 now over 4 years.

If you tire of addictively looking at the charts every few minutes then instead just relax and look here for the average daily 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 5/11/2020.

Should you be trading with STEEM today...?


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(Images By: @simonjay)


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🐬💕❤️💛💖💚🏆

Ok guys back with the updates, but where have I been? To those who have been with me for a while this might not come to no surprise but I lost my internet connection. This seems to happen atleast twice a year now and is very frustrating as sometimes I have been offline for 3 weeks and over. But thankfully this time around it was only for 1 week, probably one of the fastest times my internet service provider as been able to get me back online after losing connection in this way. The cause is mostly unknown probably something to do with the weather or my routers wiring, but the main thing is atleast I'm back online now. I missed the STEEM Power-Up Day but I hope to maybe do a nice power up myself soon. There was a 15,000 Steem power-up for grabs in the way of delegation, for full details go here: STEEM POWER-UP. Please be careful with any links offering airdrops for JST's those are scammers trying to steal funds, basically if you click the link you will lose your funds, please stay alert as this is still going on as I even saw some accounts the other day offering a 350 STEEM airdrop, the accounts had already been downvoted with reps of around (6). If you clicked any links follow the instructions here to start your account recovery Account Recovery. I believe the SteemitTeam are done with upvotes for your season 2 diary posts since I have not been online did news on the winners get announced?

Here we are November less than two months away from Christmas as the weather continues getting colder. Anyway as for the Diary Game that continues on with Season 3, you can check it out if you fancy a chance at winning a possible upvote from one of the Steem Curator accounts at Steemit Diary Season 3.

Speaking of keeping things running the covid19 madness goes on as for us we still continue in a kind of "eased" lockdown, numbers continue to rise but most people continue flaunting basic rules. I won deny that I have enjoyed less people in the crowded areas and that some people were actually giving you space. I have worked all during this crisis as our company used a loophole within the system to keep us all working despite our government stating all non-essential work places must close. Well it was either go to work or be fired but the government claims normality will be back by Christmas. The education sector also re-opened and to no surprise the virus quickly started spreading, the return to education also brought back the much unneeded noise to our streets as kids don't do any social distancing and the crime rates funnily have also gone up, guess they are related.

Anyway the focus of Steem continues on with their new "1000 days of Steem" after the initial success of the "100 Days Of Steem Announcements". These have now became motivating for many Steemians as the SteemitTeam offer's winners with prizes in the form of a large upvotes. Well Justin did said he would continue working to make STEEM a success and so with the Diary Game 3 running.. what's next? Well firstly if you hurry this October still offers the "Crypto Challenge Month" there are basically 5 challenges to take part in right now, Challenge #5 is running (October 26th - November 1st) which goes into what are our reasons for loving Bitcoin, if that sounds interesting take a look here Crypto Challenge Month and at some of the other challenges if you fancy your chances. And yes many millions of STEEM remain held by the Steemit INC accounts, some argue that this makes it potentially more risky to invest into STEEM, which I guess depends if in the end Steemit INC decides to sell some of their stake or not. But a sell-out could also be a good thing, that is if enough people actually want that Steem Power, it would mean for a better distribution between users. Some of you maybe wondering about that 23M Steem? From what I understand it's still locked away in the exchange.

🌍Since the price rise back in February unfortunately not much as changed over the months, and while yes it did go down to $0.09 it still mostly stayed between $0.18 and $0.20. There was also that mystery spike rise on March 19th taking Steem to $0.40💛! Infact it seems Steem as not been this cheap "around $0.15" since sometime in November last year which interestingly is where we are heading now. Atleast people can't complain about the price being volatile as Steem as been mostly steady over the year. Still this opportunity is a great price to power up your account cheaply and if you are under 10000 SP you might want to consider getting some, I don't say this as a way to improve your financial game but rather to enjoy the benefits of having Steem and speed up your account's Steem accumulation, after-all a small bump in price with those holding's would bring some nice noticeable benefits for those with some skin in the game.



💛We are currently a "🐬DOUBLE DOLPHIN🐬" which means our collective POWER is now way over 💚10000 SP!! We will of course continue to collect and lock-up even more STEEM POWER! My goal 🌍 is now to reach 15.000 SP🏆, hopefully before the end of this year this should be now possible since getting a few more whale upvotes here and there. I want to thank everybody who votes and for the support lately as we are heading closer towards our goal. I have been on here for over 4 years and have never powered down once and continue to invest in small quantities, meaning your votes are safe with me and help retain Steem's value. We totalled 7.841 SP at the end of 2019 and reached 10.000 on May 11th and so if you want to help me on finishing this quest and locking away 15.000 Steem Power to retain more of it's value then please consider leaving your best vote below.

As for Bitcoins back on March 13th we saw a huge Bitcoins downwave to $4225, on July 26th it hit 💚$10000. Bitcoins as actually been going slowly upwards since March this year, despite the covid19 virus. As for the SBD's on Feb 13th it hit $1.00, and so we can't deny SBD's have been doing relatively well since getting past that Bitcoin drop, we even saw SBD's go up to $1.24 but lately it's remained more stable around the $1.00 mark where it should be.

TRON Owns Steemit INC.



🌍If your a business or interested in marketing and finding a community of active users 💚 thanks to this wonderful platform you can do just that and all for free, but it is advised by many to purchase some initial STEEM Power as this will gain you more trust and viewer-visibility within the STEEM eco system and right now the price is still cheap.

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

Secretly win a %70 Upvote with over 10300 SP From Me
You can win the Upvote by simply doing ALL 3 steps below..

  1. Upvote the post at %100
  2. Write on the comments box "Done"
  3. And finally answer the question- Will Steem go up or down within the next 22 hours?
    There will only be "one winner" but hurry you have 22 hours for placing your valid entry!


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Previous Posts

-Favourite Prehistoric Sea Monster-

https://steemit.com/hive-148441/@simonjay/the-discovered-prehistoric-sea-monster-11-4-2020

-Month 42 Of Steemit Monthly Reports-

https://steemit.com/steemit/@simonjay/month-42-steemit-monthly-report-15-3-2020


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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.
2.And secondly dont forget to follow me below.

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 along with the value of the STEEM currency as I have not powered-down once in 4 years.


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Welcome back online!

Thanks very much maarnio I'm sure glad to be back.

That's a big laugh
Steem looks like it will go up soon

Yes it's a little disappointing to see it went down since I was away but I will probably buy some while it's cheaper.

I suspect it could drop further maybe 0.13 or less in the coming days

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