Good day Steemian welcome to today's Steem price update for 24/1/2020. 
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 over 3 years now.

I also want to mention incase your wondering that when something doesn't seem normal from the other regular "Price Updates" that the daily Steem price posts do occasionally change their 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 even if you are not planing to do anything with your Steem I still recommend checking out these updates and so keeping an eye on the price.
So without further ado lets take a look at today's Daily Steem Price change for 24/1/2020.

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



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### Alright crew 2020 hope the new year is going well so far? Can you believe we are now coming to the last week of January already! I missed the other night due to a going out with some friends, it was strangely a quieter reunion then the usual night's-out, but it was nice to just sit around the table having a good chat. I missed the better half of the night because I had to leave, as this was because I had an early work shift the following morning with my horrible boss. I was glad to get home so early that night to rest as my boss was being he's usual very demanding self. The last 3 time's I had plans to go out "work" have given me very early shifts for the following morning, now I don't normally believe they would do such a thing on purpose but I'am beginning to find it rather strange that I have no early shifts until I have something planed where it's going to be late night finish.

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### My goal is to reach 10.000 SP I have been on here for over 3 years and have never powered down once meaning your votes are safe with me and help retain Steem's value. We totalled 7.841 SP in 2019 and so that is what we have to start the year with. So if you want to help me jump-start this quest to lock away 10.000 Steem Power and retain more of Steem's value please consider leaving your best vote below.

### Back in 2019 Steem had been going up slightly until Nov 22th when it fell to $0.10 this was the "fault of Bitcoin" as it dropped to around $6580 and it also marked the lowest Steem price for 2019. That means in 2020 Steem's lowest is already better then in 2019 at $0.11. You may have already noticed the Steem price as been mostly staying between $0.11 and $0.13 it's only been in the last few days we have seen jumps to $0.19! On the 18th of January marks Steem's highest for the year at 0.20 just shy of last year's result at 0.21. This makes 2020 a great opportunity to buy-in cheap Steem for those who want it. My payments for buying into Steem were getting declined by the service I used, it made no sense as after they accused me of being fraudulent without reason or even refused to solve the situation. Luckily I found a different method right here on Steemit.com and I have now made a few payments with them. No problems until I brought a higher amount and while I could still buy Bitcoins they seems to have errors when buying Steem in bigger quantities. I still need to test the matter-out further as perhaps they have simply ran out of Steem to sell, but what worries me the most is the lack of replies from their customer service. I didn't get a single reply from them which makes me worry. Anyway with Bitcoins it was back in October 26th when it last reached $10000 since then Bitcoins fell surprisingly fast to $6580! Going into the new year not been much changed you may have heard alot of talk a few weeks ago about Bitcoins coming out the bear market. But to be honest Bitcoins as actually been going slowly upwards already since Dec 18th 2019 and so far as stopped this trend on Jan 19th 2020. As for the SBD price it also dropped along with Steem and Bitcoins at the time of decline, it continued dropping slowly with Nov 13th being the lowest, followed then by Nov 22th, it recovered for Nov 29th but there was not really any change until recently. SBD's went just above $0.70 on Jan 18th which was last seen in Dec 22th and now Jan 24th marks this year's new highest at 0.92 which wow was close to reaching the $1.00 mark which we have not seen since Jun 28th 2019!
  

### NEW-STEEM Bringing SMT's.
![](https://cdn.steemitimages.com/DQmRwukWkDwkPdb5SN8DDWj79cNJoczopM5DX7yddhT9Yz5/image.png)



### Steemit INC continue to work hard on bringing us SMT's and communities for 2020, the team are not far off it's release, it's development is now done. If your curious the whitepaper is the most authoritative reference for understanding what SMTs can do for us in 2020. The best way to think of it all is like giving users the ability to create their own Steem-like-tokens. You could test out the Steem communities in the new Steem BETA that was open for everybody, but it did seem to have it's passwords changed at some point. Still if you got in just be-aware anything that you post on the BETA site will still be posted on Steemit.com. And these type's of post's come with their community tags, so for example "hive-169926". If you want to test it's features and add some pressure to the created code you could be saving us from bugs and issues in the future. What about people who got in first taking  all the good "community names"? Don't worry as you can see from the community tags like "hive-169926" this is not a problem as you will still be able to get the name's you want for your own community regardless of someone else already taking that name for their own community. Steemit INC are also involved in the burning of Steem, as right now alot of extra Steem is floating around because of the SBD conversions, also some of the gained rewards go towards the SteemDAO.  In the past new projects for Steem could receive delegation but now the projects most likely to receive any delegation are the ones who are offering the most value in terms of a mix of services, fiat, crypto, utility tokens, and equity, projects must now compete for such delegation. Why? Because they can be of great value, a projects that had a 1M SP delegation for a year as gotten around 10,000 Steem per week for 52 weeks so that's around 520,000 Steem. So worth around $50k, but in the past it's even been worth as much as $500,000!

### Also if your a business or interested in marketing and finding a community of active users thanks to Steemit INC and their advertising partner "BuySellAds" anyone who wants to purchase ad space on the steemit.com website may also do so now.
 

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

Secretly Win 0.053 Steem or More
You can win some Steem by simply doing ALL 3 steps below..
Upvote the post at %100, the more players who do this the more Steem you can win.
Write on the comments "Done"
And finally answer the question- Will the price of Steem be higher or lower tomorrow?
There will be one winner but hurry you only got 23 hours!

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Source: picgifs.com

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### Our Ship Is Now Dolphin Powered
https://media.giphy.com/media/pjMZ2LGonHFu/giphy.gif

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Source: giphy.com

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-Steem Price-
https://steemit.com/steemit/@simonjay/daily-steem-price-update-31-10-2019

-Month 30 Of Steemit Monthly Reports-
https://steemit.com/steemit/@simonjay/month-30-steemit-monthly-report-15-3-2019

### -I Have Powered-Up To Dolphin!-
https://steemit.com/life/@simonjay/powered-up-to-dolphin-22-3-2019

### -Young And Now Disabled By Vaccine?-
https://steemit.com/familyprotection/@simonjay/young-and-disabled-by-vaccine-7-1-2019





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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.

@paradise-found - @karenb54 - @koskl - @hanshotfirst - @mammasitta - @akomoajong - @yusril-xabre - @surpassinggoogle - @whatisnew - @kristy1 have already done this so a big thank you to them all!

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