Daily Steem Price Update 7/10/2020

2개월 전

Good day Steemian and welcome to today's Steem price update for 7/10/2020.
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 7/10/2020.

Should you be trading with Steem today...?


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💕❤️💛💖💚🏆

Back now and yes not everything is up to date so bare with me as I return from the long played Steemit Diary Game madness infact just today I got curated by the Steemit Team so if you are still waiting on them hang tight they should get to you. I firstly wanted to thank everybody who votes and for the support lately as we are heading closer towards our goal. It's October and the weather is getting colder yuck but it also feels like this year is already nearly over. The Steem Power Up Day you can check out the winners and prizes here: 🥔 Spud October WINNERS. As for the Diary Game that continues on with Season 3, I have already made a post for it a few days ago. I will most likely discuss some of my thoughts and ideas behind the Diary Game later, but for now check it out if you fancy having a chance at winning a possible upvote from one of the Steem Curator accounts. 💖We reached "💛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! Speaking of getting things running again let's see how much more all of this covid19 madness we have to put up with. As for us we still continue in a kind of lockdown as with numbers going up again most people continue to care and so flaunting all the basic rules. I won deny that I have enjoyed less people in crowded areas as more precautions were being taken by atleast some people to keep their distance, but it's also sad of course for those good people who have now lost their lives. I worked all during this crisis as our company used a loophole within the system to keep us all working, we were not pleased as we continued to put ours and our families lives at risk for their profit. The company denied this saying it was to keep people's morals flowing. But I speak for most when I say it would of been nice to be paid more money with all the extra they made being open instead of forcing us to work or lose our job, this was despite our government stating that all non-essential work places must shutdown.🌍 And so it's still amazing that only one week ago I read that some were still just returning back to work. But when will it all end? well surprisingly once again we are being told Christmas. Schools have now re-opened and to no surprise the virus started spreading especially in a few universities. The return of school also brought back much unneeded noise to our streets as kids don't do any social distancing. Anyway the focus continues on Steemit with now new"1000 days of Steem" after their initial success of the "100 Days Of Steem Announcements" and some of the other contests. These have now became motivating for many Steemians by offering possible wins in the form of a large upvotes from the SteemitTeam as Justin said he would continue working to make STEEM a success but he himself as been mostly quiet about it. Many millions of STEEM remain held by the Steemit INC accounts, they hold a huge amount of Power, anything those accounts do will eat a big chuck of the rewards and its mostly drawing Steem mostly into one place. Some could 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 people actually want that Steem as it would mean power would be better distributed. Still I feel the current price is good for those wanting to buy more STEEM but be warned I don't say this as a way to improve your financial game. Some of you maybe wondering about that 23M Steem? From what I understand it's still locked away in the exchange.

🌍Many had rightly predicted that the Steem price would rise back in February, this seemed on track to happen regardless of the move from Steemit INC being sold over. The problem is since that rise not much as changed over the months. It went down since then yes but even now with a rise upwards it as not quiet reached the full high's of Februaries price. Still what as remained positive here is so far the price as remained very steady which is a great thing to have, plus it's still at a great price to power up your account cheaply. If you are under 10000 SP you might want to consider getting some to speed up your account's Steem accumulation. While the price rise that we had recently was only a small bump those with some SP behind their accounts noticed a difference in benefits for having some skin in the game.



My goal🌍 now is to reach 15.000 SP💛, hopefully before the end of this year, I mentioned before that it probably wouldn't happen but since getting a few more whale upvotes here and there that goal might just be possible. If not I reckon it could be close, regardless it will still be fun trying to get there over the next few months. I have been on here for over 4 years and have never powered down once and continue to invest 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 so if you want to help me in finishing this quest in reaching our goal to lock away 15.000 Steem Power and retain more of Steem's value please consider leaving your best vote below.

In 2020 Steem's lowest was already better than in 2019 but due to the crazy events that took place on Steemit it seems like we actually had it good back then as we saw a nasty fall to it's lowest in a long time as Steem fell to $0.09. But that was followed by a mystery spike of STEEM which unfortunately didn't last long, this was on March 19th when Steem reached $0.40💛! It would of made me very happy if it had remained at that price but still STEEM as remained above $0.17 since May and looks to be holding nicely steady between $0.18 and $0.21.

This means it still leaves in 2020 the current price of Steem nicely cheap to buy-in a good amount of Power for your account, especially to those who can see it's potential benefits or to those who want to have fun with having more SP, just be aware this is not financial advice to make you money it's to simply have fun and enjoy the site the best you can but at of course with a great price entry.

Anyway as for Bitcoins it was nice to see it more recently reach $10000 at the beginning of June, if you remember it was only on March 13th the we saw a huge Bitcoins downwave to $4225! But now on July 26th it hit 💚$10000 again. Bitcoins had been going slowly upwards despite the covid19 virus but it's now been a good few months since it's continued going up but the good news is it's been relatively stable. As for the SBD's we had not seen $1.00 worth of SBD's since Jun 28th in 2019 but finally on Feb 13th we hit $1.00, we can't deny SBD's had been doing relatively well since getting past that Bitcoin drop we even saw them going up to $1.24 on March 19th but lately it's remained more stable around the $1.00 mark where it should be. Since April 3rd SBD's have been holding-up really well and are said to continue to do so for a good while.

TRON Owns Steemit INC.



With the original Steemit development team mostly all quitting what would happen to all the hard work already completed towards bringing out SMT's? 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. As of right now alot of extra Steem is floating around because of the initial SBD conversions plus many users sold their stake and moved to a sister blockchain.

🌍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 9900 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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