Daily Steem Price Update 17/2/2023
Good day Steemian and welcome to today's Steem price update for 17/2/2023.
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 6 years.
If you tire of addictively looking at the charts every few minutes then instead just relax and look here for the average STEEM price 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 for 17/2/2023.
Should you be trading with STEEM today...?
(Images By: @simonjay)
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Feb 2023 we previously had a big fall that took Steem down to $0.14 and with such a fall this helped us with collecting more Steem for our main goal this year. In 2023 what we are aiming for is to finally reach Orca or in other words this means holding a total of 50k Steem Power. Due to the low price drop and the continued support from you guys we managed to hit 43k before going into 2023. It could of been a lot better but we lost some support a long the way, although we also gained some so let's not be discouraged. Since then the price as gone up in the general market this includes Steem, a good sign yes but not for reaching our goal haha. However this doesn't matter as the point of us trying to reach our 50k goal is to secure and raise the price of Steem. Which is still selling at a accessible price for many folks however what isn't going at a good rate is our average electrical usage charge, it's so much more costly compared to just a few months back. These greedy energy companies just don't stop milking from people. I mention this as it cuts into investment, many things have gone up in price. January didn't bring in much better with the weather being colder and the cost of living spiralling upwards hitting hard. Many are left wondering when will it all get better? The bad news is most likely it won't, I mean it never as before so why do people continue to think there will be a reverse on these costs. Back on Jan 14th I saw a news article asking the same question, but claiming that as we go deeper into the year the cost of living will go down. More articles since then claim the same scenario, well I don't ever remember hearing or ever seeing the costs going down, it always goes up so good luck with that. Apparently the reasoning for all this is the war in Ukraine, but honestly if that's the case we must be literally getting almost every single thing from 2 very specific countries. The on-going war is a terrible moment in our history as Vladimir's army doesn't stall at the boarder, they instead attack, strike up fear, call treats and cast sadness into the lives of many. A war that if we are not too careful could just be what spells the beginning of the end. Best keep an eye on those politicians and refuse war at all costs, as continued provocation is on-going "we do NOT want WW3" but perhaps to stop that it may be already much too late.
Since the past few years have been mostly awful I don't expect this one on being much better, people just seem to be getting worse, losing themselves more and more doing horrendous things to each other, those in control up top are no better and also responsible for much of the hardship happening. While last night I went to sleep at the usual late time I did go a few minutes earlier which I feel is small steps towards achieving what I want. This morning I could of got up very early not sure why I was awake way before even my alarm. Knowing it was so early and I needed more sleep I took extra time this morning to rest. There was no work to get in for today so I could take it a bit easier but as usual there is still plenty of things I want to get done or catch-up with. When I initially got up it looked like it was going to be a sunny day I was even surprised by how much better the temperature was, I even thought the heating may have been on but it was not. This is great and hopefully the proof it is getting warmer, however the day became mostly cloudy but I guess still brighter than the past few days. Later it did get much colder which is typical just as I wanted to shower, anyway with that I got on with doing some chores and logging on Steemit. I didn't have plans with friends and probably could of set up something. But since it's been one of my only days off and since some of them went on holiday I decided to just catch-up with things. I also went to the evenings gaming session and like I expected there was a smaller crowed. It's been reported that it's going to get much colder again in the last week of February which is not something I wanted to hear. But some people did point out that the so called snow bomb never happened so this was probably more garbage reporting which I hope will be the case. The other day when I was close to work a woman and her child parted ways, the child was on a scooter and had intensions of going down a ramp used for people who find it difficult to use stairs. As the child approached the ramp a senior man pulling he's shopping trolley was still trying to make he's way up. The man simply looked up at the child with worry that the girl might decide to come down the ramp as he is still trying to get up himself. If it's not clear the ramp only really fits about one person at a time. Seeing this the mother called the child over to use the stairs instead, the child did so and asked the mother why could she not use the ramp? To which the mother replied loud enough for those around her to hear " don't want no weird man eying up my child". I found this to be very out of context the man was simply minding he's own business trying to get home with he's shopping, if a child is about to possibly ram at you on their scooter your obviously going to want to be aware of the situation "man or woman" it's silly to instantly label the guy some kind of predator for simply looking at what might be coming directly towards him. We have a work meeting coming towards the end of the month this is very surprising to me as we have not had a work meeting in a very long time. My hope was that in this meeting they would give us some information about whether or not we will have a job by Christmas but I got a feeling this will not be mentioned at all. I received news from my friends who went on holiday "if you can call it that" they have gone from one cold place to another place even colder. I had to get a new telephone because speaking to my father a few nights ago the phoneline was making a crackling noise, this is not the first time it's happened and it's usually because of condensation. I let the telephone dry out and checked all the wires but nothing seems to fix it from making it's loud crackling noise. Unfortunately putting the phone up yesterday as not stopped it from making this crackling noise, sure it's not as bad but it seems the problem is instead with the phone box outside.
As for Steem there as been a few changes when it comes to the Steemit Team and it's booming support, communities have now been separated into different tiers there are so far 3 different tiers which means there are more opportunity for other communities to take part. There were nearly 30 communities putting themselves forward in the hope of getting booming support from the team and due to the extra tiers it seems all communities that applied have been excepted. You can check out these communities for yourself at Booming Support Communities Booming Support Communities. Steem took a big fall ever since the bitcoin downwave from 60k this sadly also took down the value of SBD's, however it had done a good job at holding around that important $3 mark for many months. My hope is now SBD's can once again secure this value for when Steem does eventually go back up again and so far it's looking healthy to be doing just that. What I like about Steem is it still offers so much opportunity for those investors who realise the enrichment that comes from holding such a token. In one way I wanted the crypto market to remain on the lower end for a while longer, this is to try and get some discounts on various cryptos and in turn hopefully getting a small ROI with Steem. As for TRX there was also a drop in price we also once again stopped receiving TRX rewards which sure seems to be a often reoccurring issue. With that said I do wish they would focus a little more on this problem as it looks so bad on Steemit and myself when I mentioned it as a feature. From what is understood initially there was bug/issue with how TRX was being distributed, instead of receiving half as proposed we was still getting almost the full amount. This was all announced back in October 2022 the Team were saying that all these missing TRX rewards from it's down date will still be received into our wallets once the issue as been resolved. This seem to be slowly happening as I initially received some TRX on Jan 10th but after that nothing until on Feb 5th when I received some more rewards again. This then stopped until Feb 9th as more rewards continue to come in, but could it be that the problem is now finally resolved and we are to get TRX delivered less often to place less strain on the system? There is also much talk of the government bringing out it's own digital currency this is something many predicted years ago and in 2025 they are going to try and put it forward with a release expected in 2030 but it wouldn't surprise me if this happens even sooner. They have also announced that they will be blocking people now from being able to buy crypto via their banks because crypto is volatile??.. LocalBitcoins as very sadly announced it's fall after a decade of service, in the statement it's said this is due to the crypto winter market but the real culprits are likely the authorities as there sure seems to be a lot services falling due to draconian rules it looks like Binance is another target.
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