Daily Steem Price Update 14/5/2019

in steemit •  last month

Good day Steemian welcome to today's Steem price update for 14/5/2019 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 just over 2 years now.

I also want to mention just incase your wondering when perhaps something doesn't seem normal from the other regular Price update posts that the daily Steem price posts do occasionally change it's 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 honestly even if you are not planing to do anything with your Steem I still recommend checking out these updates and keeping an eye on the price, so without further ado lets take a look at today's Daily Steem Price Change for 14/5/2019

Should you be trading with Steem today...?



Steem Daily Price MoonTemplate14052019.jpg

Guys almost reaching a Rep of 67.. finally! Lol any stronger upvotes is appreciated to get us there. March 10th Steem reached it's highest for the year at $0.55 along with SBD's which also had a breaker in the same month of March but on the 13th with it's highest being $1.41. With Bitcoins they have recently been holding above the $5700 mark, the highest for Bitcoins near the latest upwave which was beat yesterday was at $7908. It started with that crazy upwave going from $5290 to $5778 with the following day going to $5793. It slowed down abit but Bitcoins continued upwards from $5732 to $5937. Bitcoins dropped to $5724 but quickly recovered and went to reaching $6071. The following day with two upwaves, Bitcoins goes to $6417 and from $6263 to almost the $7000 mark with $6986. While it looked like things may of calmed down Bitcoin's still broke record again by reaching $7553! The mayhem continues today with as Bitcoins upwaved to $7908 yesterday and now today to $8297! Steem is trying to make it back to $0.35 with it's overall ranking position being at around #58 amongst all other cryptos. As you know we beat the January high marking our highest value at $0.55. These past few days Steem as been presenting themselves with various opportunities to buy-in since the 24th of April but its been even better lately to buy as it was not that long ago Steem was on the $0.45 mark. But in the last few days Steem dropped down to $0.28 and for today we started the same as yesterday at $0.31 but it didn't take long for Steem to climb by ⏰01.30 it hit $0.34. Steem didn't hold and dropped to $0.33 for abit while at ⏰05.30 it reached the $0.35 mark but it dropped staying mostly at $0.34 sometimes $0.33 it done this again later but as you know recently it started hitting at $0.36. Anyway if nothing much will happen for Steem in 2019 which is slowly looking more doubtful then I hope those who are still in the game will take the opportunity to keep collecting because right now we are in a seriously good place to grow our accounts remember as the price goes up higher collecting actual Steem becomes more difficult. But Steem is doing so much better then you may realise in BTC value Steem is on its way to make possibly a new all-time low but if you look back and have been here as long as me the lowest Steem has ever been was at $5800 BTC which was way back in March 2017 if you look now we are somewhere around the $6250 mark correct..so last time at $5800 BTC Steem was worth $0.07 but now around 6250 BTC it's still worth $0.34! As for the SPUD initiative.. no not potatoes but (Steem Power Up Day) there was around 980 accounts who powered up a total of 145,430 Steem compared to the average power up per-day of 106,300 Steem, this means some of you are now new dolphins in town, so with myself included in the dolphin count it means we have now a total of 2000 dolphins!! Also things are going just as I thought they would as whales used to own about %86 of all shares on the system and while today would you believe that they only own %55! While this may seem like horrid news it really is not! Because if we look at Dolphins we owned only %4 just over 2 years ago and now we own %13. No longer in survival mode the conclusion from all this is to continue cutting costs Hivemind is live the "steemd" instance size's went from 488GB RAM to 61GB RAM! Focus is on a multi index RocksDB adapter which is a new technology to allow the Steem blockchain nodes to store almost all of it's necessary data to a disk in a modern database instead of RAM the move will make nodes cheaper. Ned said that the cost reduction progress will still remain above the creation of SMT's which I feel is the right move. If you have returned recently to Steemit please be aware that there as been a wallet split to your account so please have your keys backed-up, yes ALL of them and don't use your masterkey to log into Steemit.com instead use your posting key, remember that when you click on your wallet you will be directed to a completely different website which should be "steemitwallet.com" please don't worry as this website is safe and part of Steemit.com. Also yes from now on both logged in and non-logged in users will now see adds on Steemit.com. For SBD's they broke record March 13th reaching $1.41. Currently SBD's are at a "average" pegged rate, which as shifted but lets hope it will hold as unfortunately yesterday and the previous day SBD's were not too far from reaching $0.91 again, but considering how much Steem had dropped the results were not too terrible, we most remember as SBD's were in the low $0.60s during December and it was not much better in Jan jumping between $0.70 and $0.80. Anyway SBD's started yesterday at $0.94 went to $0.96 at ⏰13.45 but stayed at $0.95. Today SBD's also started at $0.94 dropping to $0.93 before at ⏰01.35 upbumping to would you believe the $1.00 mark it didn't hold and went to $0.95 which is still pretty good and it got better between ⏰04.45 and ⏰09.05 as SBD's mostly stayed at $0.98 things got bumpy during the day going from $0.95 to $0.98 often until recently it hit $1.01 which of course didn't hold but SBD's still stayed close by at $0.98.

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


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Thanks for posting


Heya @jkenny the mayhem continues today with as Bitcoins upwaved to $7908 yesterday and today to $8297 and could be the range that starts pushing Steem upwards at ⏰05.30 it reached the $0.35 mark but ending the day it started hitting at $0.36.

Steem and all cryptos taking off...proxy.duckduckgo.jpg


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