Good day Steemian welcome to today's Steem price update for 1/1/2019 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 1/1/2019
Should you be trading with Steem today..
Well here we are on the other side it's 2019 you made it Happy New Year, now I know some of you woke up today in hopes of seeing Steem racing upwards at $2.00 but unfortunately as expected that didn't happen, if your maybe new and wondering why there was even expectations of Steem going up as much it's because last year we hit 2018 with the price of Steem and SBD booming. Anyway we left this 2018 with the Steem price at $0.26 and now 2019 Steem is at $0.27 which happened at ⏰09.40 while it's good to see a "green" for Steem for the first day of the year this isn't any proof that we are going to be getting better for the year ahead. Just a warning we have already been told and I have already mentioned that unless anything changes we can expect the whole of 2019 to be pretty dull when it comes to the Steem's price. If that happens to be the case then I hope you who are all in this game will be strong and take this opportunity to collect Steem Power before it gets too difficult to obtain. Remember at these low prices we still on this survival mode era of Steemit.com as Bitcoin's value dropped drastically forcing Steem's own value to tank causing and therefore "Steem INC" staff reductions and a possible threat to the website. Soon after this news the conclusion was to survive by cutting down costs of nodes among other strategies which will still take its time to implement. The good news is with recent change and development work Ned said we should be able to save enough money to make it past this bear market. This is amazing news but only speculation we now still need to actually do it and survive the low market. Steemit INC said that they are on track with it's cost reductions, RocksDB and moving forwards with SMT's. When it comes to SBD's we left the year under $0.70 we are now above $0.70 it's been a good day for SBD's it spent the whole time going upwards.
Always do your own due diligence the above is only a opinion.
Source: picgifs.com
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