Daily Steem Price Update 25/2/2019
steemit·@simonjay·
0.000 HBDDaily Steem Price Update 25/2/2019
Good day Steemian welcome to today's Steem price update for 25/2/2019 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 prices and changes for just over 2 years now. I also want to mention just incase your thinking something doesn't seem normal from the other regular Price update posts that the daily Steem price posts do slightly change 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 its 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 25/2/2019 ### Should you be trading with Steem today.. <center>  </center> <center>  </center>  ### I just want to quickly mention we only have 150 more SP to go till we reach dolphin so any extra support on that is appreciated. Steem's January high of $0.43 remains the best value for 2019. We had our first February Bitcoin downwave on the 6th but on the 8th that downwave got destroyed as Bitcoin's went from $3352 to $3663. This first downwave took Bitcoins from $3433 down to $3355 but now we have gone way past that $3433 mark also Bitcoins were hanging mostly around $3415 near the 1st of February and so that upwave also smashed us past that mark. The 3rd Bitcoin upwave for February took Bitcoins from $3915 to $4135 and there was still the possibility the upwave would continue a little further but instead yesterday around ⏰13.45 Bitcoin's downwaved, and even went slightly further then what we had just previously gained and so it went from $4170 down to $3726. But today Bitcoin already had a very nice recovery reaching $3849. Today Steem started at $0.30 which seems to have disappointed many but I continue to believe these drops will help Steem gravitate towards the right people. Steem stayed at $0.30 until ⏰04.40 where it jumped to $0.31, it was still early so it was looking good but at ⏰07.40 it was back to $0. 30. It was not until ⏰10.50 where Steem stayed stable at $0.31 and continued upwards, it quickly jumped to $0.33 at ⏰14.50 we even still saw $0.34 twice today the first time was at ⏰18.00. If nothing much happens in 2019 then I hope those who are in the game will take the opportunity to keep collecting Steem. Still Steem at these low prices put's us on a survival mode era as Bitcoin dropped drastically forcing Steem's value to tank forcing Steem-INC staff reductions, a possible threat to the website and the Steemit's account security. The conclusion is to cut down the costs of nodes. Hivemind is now live the "steemd" instance size's went from 488GB RAM to now shockingly 61GB RAM! Focus is on a multi index RocksDB adapter which is a new technology in development 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, this move will make nodes cheaper. And so with the power downs also put into a halt all we really need is the price to be abit higher and we will be out of survival mode. Ned also said that the cost reduction progress will still remain above the creation of SMT's which I feel is the right move. Also nodes continue to run well on hivemind to which it was only made possible thanks to AppBase. Seems Steem INC are re-prioritising communities on steemit.com after the infrastructure cost reductions go far enough to make this possible. While the SBD results today are very pleasing they aren't holding too well, we firstly started today at $0.93 and mostly jumping between $0.93 and $0.94 until...actually no, as really it remained like this the whole day, we fell sometimes to $0.92 and had $0.96 hit 3 times, one of them being right now and the first being at ⏰14.55. ### Always do your own due diligence the above is only a opinion. <center>  </center> <center>  </center> --------------------- Source: picgifs.com --------------- --------------- -Steem Price- https://steemit.com/steemit/@simonjay/daily-steem-price-update-31-12-2018 -Month 26 Of Steemit Monthly Reports- https://steemit.com/steemit/@simonjay/month-26-steemit-monthly-report-20-11-2018 ### -Looking Back 2018 Media Wants You To Believe In..?- https://steemit.com/news/@simonjay/2018-the-media-wants-you-to-believe-in ### -Young And Now Disabled By Vaccine?- https://steemit.com/familyprotection/@simonjay/young-and-disabled-by-vaccine-7-1-2019 <center>  </center> <center>  </center> So if you like this page I need you guys to do me 2 easy things. 1.First please upvote this page. 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. @paradise-found - @karenb54 - @koskl - @hanshotfirst - @meesterboom - @mammasitta - @akomoajong - @yusril-xabre - @surpassinggoogle - @whatisnew - @kristy1 have already done this so a big thank you to them all! http://garymarmstrong.com/wp-content/uploads/2013/08/red-arrow.jpg ___________________________________________________________________________________________ <center> # [Follow Me Here @simonjay
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