Daily Steem Price Update 24/10/2020

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Good day Steemian and welcome to today's Steem price update for 24/10/2020.
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 over 4 years.

I also want to mention incase your wondering that when something changes from the regular " Steem Price Update Posts" that we do occasionally change their format from time to time.

But regardless of the changes made we will carry on as usual and by this I mean knowing the price of Steem.

If your sick at looking at the charts every few minutes then instead just chill take a break and only look at the average daily price here 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 change for 24/10/2020.

Should you be trading with Steem today...?


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🐬💕❤️💛💖💚🏆

Guys please be careful with any links that are offering airdrops for JST's these can be found dropped in your comments section as those are scammers trying to steal your funds from Steemit, many have already fallen for this trap, basically if you click the link you will lose your funds, stay alert. And if you clicked the link then follow the instructions here to start your account recovery Account Recovery. If you are still awaiting on the SteemitTeam's upvotes for your diary posts hang in there as they should get to you soon, and same as news on the winners for the Diary Game they should also be announced soon.

It's the end of October and the weather is getting slowly colder "yuck" today I had to wake-up earlier than usual for a shift, at first it seemed like it would be easy to get up but I spoke too soon as it turned into a struggle. Still I wont complain because atleast it was not really cold this morning and the weather remained decent for most of daylight. Today I had a colleague ask me about how business was going online with Steemit? And while I can't tell him I'm making decent money but talking about it the idea of Steemit still sparked he's curiosity which of course I have done hundreds of times now. Yes I have to admit I love 💕💕💕💕 talking about Steemit and he had a few more questions about it which made me remember once again what an amazing blockchain we have here because most of people's concerns have actually already been taken care of by it's own system. I think my favourite question was him suggesting people should have contracts to make sure they get what they deserve for investing, I explained to him Steemit is stake based when it come's to rewarding those who invest and so that is already taken care of by the system itself. 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 somehow 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 is running and so 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 #4 is running (October 19th - October 25th) which goes into the future of cryptocurrency, 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.



With the original Steemit development team gone from what we can tell SMT's are still going to be in the works and released in the future sometime. If your still curious about the benefits of SMT's the whitepaper is still the most authoritative reference for understanding what they can do for us.

🌍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 10200 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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Our Ship Is Now Double Dolphin Powered

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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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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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Done
Price will increase in next 24 hours due to me being a double dolphin now :)

Nice t-shirt i must get one made

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🏆 Winner

Lol I completely agree as it's always nice to see another account reach dolphin or double in this case.
I do enjoy wearing the Steem gear just like I enjoyed talking about Steem to my colleague.