Daily Steem Price Update 10/10/2020 by simonjay

View this thread on steempeak.com
· @simonjay ·
$0.67
Daily Steem Price Update 10/10/2020
Good day Steemian and welcome to today's Steem price update for 10/10/2020. 
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 10/10/2020.

### Should you be trading with Steem today...?



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πŸ’•β€οΈπŸ’›πŸ’–πŸ’šπŸ†

### Back now and yes not everything is up to date so bare with me as I return from the long played madness of the Steemit Diary Game. Infact it was only 3 days ago I got curated by the Steemit Team and so if you are still awaiting on them to upvote your posts hang in there as they should get to you soon. It's October and the weather is getting colder yuck but it also feels like this year is already almost over. Did you take part in the Steem Power Up Day? Well you can check out the winners and prizes here: πŸ₯” [**Spud October WINNERS**](https://steemit.com/spud4steem/@kiwiscanfly/5-awesome-worldwide-winners-spud4steem-october-2020). As for the Diary Game that continues on with Season 3, I have made a post for it a few days ago and will most likely discuss some of my thoughts and ideas behind the Diary Game later. But for now check it out if you fancy a chance at winning a possible upvote from one of the Steem Curator accounts. 

### Speaking of getting things running again let's see how much more of all of this covid19 madness we have to put up with. As for us we still continue in a kind of lockdown, but numbers are going up again yet most people continue not to care and so flaunting all the basic rules. I won deny that I have enjoyed less people in the 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, not pleased but we continued to put ours and our families lives at risk for their profit. The company says 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 for being open, instead they just forced us to work or face losing our job, and this was despite our government stating that all non-essential work places must shutdown.🌍 When will it all end? Well once again they are claiming normality by 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 the much unneeded noise back to our streets as kids don't do any social distancing. 

### Anyway the focus continues on Steemit and their new"1000 days of Steem" which came after their initial success with 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 all things Steem. Many millions of STEEM remain held by the Steemit INC accounts, and so anything those accounts do will mostly drawing Steem 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 enough people actually want that Steem Power as it would mean a better distribution. 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 gain but rather to enjoy the benefits of having Steem. Some of you maybe wondering about that 23M Steem? From what I understand it's still locked away in the exchange.  

### 🌍Since the rise back in February not much as changed over the months when it comes to the Steem price. Yes it went down but mostly stayed between $0.18 and $0.20 over the months and 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. Due to the crazy events that took place on Steemit we saw a fall to it's lowest in a long time "$0.09" but that was then followed by a mystery spike which unfortunately didn't last long, this was on March 19th when Steem reached $0.40πŸ’›! Atleast people can't complain about the price being volatile as Steem as been mostly steady over the year, now if only we could get it steady at a slightly higher price that would be great. 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 to speed up your account's Steem accumulation as a small bump in price with those holding's would bring some nice noticeable benefits for having some skin in the game.

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### πŸ’–We reached "πŸ’›DOUBLE DOLPHINπŸ’›" which means our collective POWER is now way over πŸ’•10000 SP!! We will of course continue to collect and lock-up even more STEEM POWER! My goal 🌍 now is to reach 15.000 SPπŸ’›, 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 is looking to be very much possible. If not I reckon it could be close. 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 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 and reaching our goal to lock away 15.000 Steem Power to retain more of it's value then please consider leaving your best vote below.



### 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 holding around $10000 since 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 πŸ’š$10000. 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.

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### 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 πŸ’š 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 10000 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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Source: picgifs.com

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### Our Ship Is Now Double Dolphin Powered
![Double Dolphin Powered-giphy.gif](https://cdn.steemitimages.com/DQmNpNtAyLJW27y7xbtZoogE8PLyapzBMAhEQtQrwhk6zYy/Double%20Dolphin%20Powered-giphy.gif)


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Source: giphy.com

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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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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 along with the value of the STEEM currency as I have not powered-down once in 4 years.

http://garymarmstrong.com/wp-content/uploads/2013/08/red-arrow.jpg



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# [Follow Me Here @simonjay
πŸ‘  , , , , , , , , , , , , , , , , , , , , , , , , , ,
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vote details (27)
@gungho · (edited)
$0.08
### Done~
> And finally answer the question- 
"Will Steem go up or down within the next 22 hours?"

In the next 22 hours, depending on **when** Bitcoin crashes, that is when Steem will get hit really hard. Steem will definitely go down in my opinion. We're looking at around 1100 Sats, which now it is in the 1500s, within the next few months; however, I'm sure it won't stay down there too long. It'll be kinda of a slow and long but strong recovery for Steem.
πŸ‘  
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@simonjay ·
πŸ†Winner

Also thanks for sharing your opinion if Steem does go down that low I would really like to buy some more at that price.
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@kiwi-crypto ·
Done
Price will go up in next 22 hours 


*If you ever want to sell any of your liquid steem for fiat currency let me know*
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@simonjay ·
Thank you kiwi-crypto that's interesting as your not the first to ask I wish I had more power to be able to sell to everybody who wants it, I appreciate that and will keep that in mind.
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@cryptopie · (edited)
Everything is uncertain but for me BTC will pull everything up, all cryptos depends in BTC's value. @simonjay
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@simonjay ·
Yes it's very true, it would be so nice that one day we would see another crypto who wouldn't be reliant on bitcoin.
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