Daily Steem Price Update 9/11/2022

simonjay (78)in #steemit • 4 years ago

Good day Steemian and welcome to today's Steem price update for 9/11/2022.
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 over 6 years.

If you tire of addictively looking at the charts every few minutes then instead just relax and look here for the average 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 9/11/2022.

Should you be trading with STEEM today...?

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My hope is that these glitches with Steem are now over as I believe the reason for these problems with Steemit acting strange was because the team were testing out the new TRX reward distribution system. Our main focus now is to continue and try our best to get in as much Steem Power in before the year comes to it's end. Thankfully we haven't yet had to use that much heating since the crazy energy price spike but November is slowly pushing us to do just that. What we can't deny is that just normal power usage as been very much noticed as being much more costly from just a few months ago. November doesn't help or bring much better with the weather turning colder and the food and power supplies running lower. The cost of living is spiralling upwards and hitting hard especially on those same costs when it comes to keeping warm. Apparently the reasoning for all this is the war in Ukraine, but honestly if that's the case we must be literally getting almost every single thing from from 2 very specific countries and nothing at all from anywhere else in the world. The cold is the sign or the excuse to bring back covid, which is supposedly on the rise, Wuhan is said to have closed again and many residents in China are said to be hitting back at so ridiculously high dragonian restrictions. Still the on-going war is a terrible moment in our history as Vladimir's army doesn't stall at the boarder, they instead attack, strike up fear, call treats and cast sadness into the lives of many. A war that if we are not too careful could just be what spells the beginning of the end. Best keep an eye on those politicians and refuse war at all costs "we do NOT want" WW3, but perhaps to stop that it is already much too late.

As for Steem it was placed among the top 5 reported by Yahoo Finance as new web3 social media platforms for possibly disrupting big governed websites such as Facebook and Twitter in future. The article is interesting as it touches on how the giants are abusing the content of it's users. These sites are making themselves incredibly wealthy while it's users "if lucky" get peanuts. If you want to see this article in full for yourself go here Steemit Yahoo Finance. With Steem I at least believe you can take this matter into your own hands by simply holding Steem Power. Other news that I was pleased with was about the wallet situation with Bittrex. There always seemed to be a good relationship with Steem and Bittrex so it was devastating last year around Christmas time to see the wallet no longer functioning. It's only been in the past few months that once again finally the Steemit Bittrex wallets are now working again. Took them long enough.. still this means those who had their Steem trapped now won't need to transfer it into another coin in order to gain excess to it, this also means cheaper fees and lots of money savings when moving coins. Honestly I never thought I would see the day when this was finally fixed so whoever was behind getting this functioning a big well done to you! There was also news on the Tron changes for the Steemit Blockchain, in a shocking announcement and "from what is understood" users will now only receive "half" their usual gained TRX rewards. It seems to have been hinted that the chance could be due to the latest initiative of the Steemit Development Incentive Program. Unfortunately since the announcement and the start of November no TRX rewards were received. This probably happened because of the testing in preparation for this new TRX rewards update as for still receiving the missing rewards I don't see it likely that we will ever get them. Steem itself took a big fall ever since the bitcoin downwave from 60k this sadly also took down the value of SBD's however it's been mostly holding around that important $3 mark which is great for when Steem does eventually go back up. Still the effects of Bitcoin falling as made it so that there's a lot of cheap Steem out there, and that's been catching my attention. It's what I like about Steem it still offers so much opportunity for those investors who realise the enrichment that comes from holding such a token. In one way I wanted the crypto market to remain on the lower end for longer in order to try and get some discounts on various cryptos in turn hopefully getting a small ROI. The jump on October 25th could of made it an end to the cheap season but since November 8th there as been a big fall in the market. Regardless our intensions with these trades is to simply continue having a means of building-up a little more Steem Power.

Back in Sept we had many more cold days compared to October, obviously it's been getting darker earlier and November is already proving to be colder and more rainy than recent previous months. As for today I was off from work and had a few friends inviting me to meet them as they were taking some time off from work. I do wish they would make up their mind because these are the same friends who went on holiday not too recently and initially told they were taking the break before the holiday but now it's been magically changed to 3 weeks after the holiday? Anyway I decided against it as I had to many things I had to get done at home and also wanted some time to catch up with a few things and relax. Shame really I would of liked to spend some time with them but I only have the one free day for the week. Yesterday I was in work for the afternoon shift I thought I was going to arrive covered in rain but actually as I made my way in there was plenty of sunshine. Still very cold, actually colder than most days recently, but it was still better luck then my neighbours who when arriving home it was raining buckets and so it was funny to see them dashing to their home, I don't think I have ever seen them move so fast. In work it was a little crowded this is because of all the new people we had taken on and the idiot superiors decided it would be a good idea to have them all in at once. All the other groups we had a few in each day like this it made it ideal to train so why they thought it would be a good idea to throw in everybody at the same time I don't know. I was even struggling for a while during the beginning to get a few things done because of everybody being in one place and in the way. While I was trying to get things sorted I even had one of the older newbies from the 2nd group point out how I was late getting what needed to get completed. I believe this was an attempt at being playful however I could be wrong, still the fact is I was indeed on schedule it's just people wouldn't get out of the dam way lol. There was the extra work to be done which I hoped to avoid but being in for the late it had to be done. I was in with the guy who likes to go home all the time so we mostly made quick work of it so he could leave. I was surprised to finally see who I believe are now all of the new staff member from the last group and they are all women which I didn't expect. I think one of them already didn't want to be there lol I'm sure they will all follow suit as none of us I think really want to be there lol. During lunch a security colleague told me about how he's very much struggling with the much higher costs of living and wondered if I was being affected too? To which I replied "of course I 'am" I mean aren't most of us? Still I had plans to get some of the Christmas shopping done after work the other day but due to a extended shift I was doing I thought I would be left with no energy for the task. Surprisingly I still went after work. I spent a little more than I wanted but that's probably because I think I already brought most of it which I didn't expect.

There's are still a few things I need but have to find another day.

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