Daily Steem Price Update 7/10/2019

in #steemit7 years ago

Good day Steemian welcome to today's Steem price update for 7/10/2019.
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 3 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 7/10/2019.

Should you be trading with Steem today...?


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It's October and like clock-work I start to get busier at work and with among other pesky things in life, honestly I'am beginning to really not enjoy October throughout until January due to being busier always around this time of the year. Anyway a surprise for many was the Steem drop from 10 days ago. I said most likely it will revert back-up, as it normally does. It did at first as many didn't waste time buying-in and so it did recover but as you can see it went back down. This was due to Bitcoins also taking a fall, Bitcoins seems to be slowly recovering meaning this cheap Steem might not last too long and the way things are going if Bitcoins does go back upwards we could see Steem jump to almost $0.20. We have already been seeing a slight increase in price at the exchanges and Steem's price as genuinely gone-up from $0.12 to $0.14. There were signs of this drop possibly happening weeks ago but didn't think it would happen around this time, and yes also the SBD price dropped along with Steem. It will be very interesting to see what happens from here as there was some big opportunities to buy Steem as Bitcoins as not been this low since around June 15th! But even after 10 days it seems we are still on catch-up.

NEW-STEEM continues.

With new-steem keeping this ship moving forward seems to be especially important since the HardFork21/22 switch over, this is because of both the Steemit proposal system and the new rewards curve structure making it generally more difficult for many to gain the same rewards that we did prior to the Hardfork21/22. But if this all pans out there should be more opportunities for getting a higher payout reward's if lucky.

HARDFORK 22?

Yes HARDFORK 22 happened but before you think SMT's are available like right now they are not. Steemit INC 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. Actually the testnet for SMT's will be happening very soon now in less than 2 weeks away. There was completed work for "Specific Voting" which is a means of 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 seems that now while some accounts can be approved in as little as a few minutes Steemit INC claim this shouldn't effect the quality of users accepted into Steemit.com. But please before you start complaining about a certain new "bad actor" remember that there will always be some undesirables 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 good 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 process plus it make's sure there are enough resources to keep the blockchain running smoothly without eating into more costs. Also if your a business or interested in marketing finding a community of active people thanks to Steemit INC and their advertising partner "BuySellAds" anyone who wants to purchase ad space on the steemit.com website may now do just that. The Steemit proposal system was not being used enough by regular users this was probably due to many in the community not being happy about the %10 of the reward's pool being cut from them. 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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https://steemit.com/steemit/@simonjay/daily-steem-price-update-30-9-2019

-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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Bitcoin go up? It not go 20 now?

Yea Bitcoins went up but just before that Steem was going up anyway and so people sold their Steem so I don't see it reaching $0.20 atm.

Yeaa up again.

Hi @simonjay!

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