Daily Steem Price Update 8/3/2023
Good day Steemian and welcome to today's Steem price update for 8/3/2023.
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 8/3/2023.
Should you be trading with STEEM today...?
(Images By: @simonjay)
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March 2023 There is much talk of the government bringing out it's own digital currency, this is something many had predicted years ago and in 2025 they are going to try and put it forward with a release expected in 2030, well it wouldn't surprise me if this happens even sooner. Also it was announced that they are blocking many people from being able to buy crypto via their banks, yes this was done sometime ago but there were still many places who wouldn't block these transactions, however this as been now greatly enforced because crypto is.. well volatile is the excuse.. 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. The price had lately gone up in the general market this included 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. Steem and the general market had been often predicted for falling again at the beginning of March and it looks like we are getting a bit of that happening for sure. So far it's not doing too bad however what isn't going at a good rate is our average electrical usage charge. These greedy energy companies just don't stop milking people and this cuts into investment, many things have gone up in price. The new year didn't bring 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 in January I saw news articles asking the same question but later 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. To prove a point we are once again being told next month the electric costs is going up once again which is seriously ridiculous. 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.
I didn't expect this year 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. Last night I went to sleep earlier sure while I felt like I had more energy for most of the day I guess I was still tired from the incident that happened the other day that prevented me from posting. When I woke-up this morning it was relatively bright out of course still very cold and while last night I saw the temperature drop perfectly for snow there was no sign of it until this morning. So I guess I was somewhat surprised that when I looked outside snow had fallen I had probably just missed the beginning of it's fall. I'm surprised it settled since it had been raining for a while before hand. It was a lot more difficult getting up this morning I'm not sure if it was due to being tired from the whole ordeal the other day or because of sleeping for longer, because I thought that this morning I would of been more willing to get up. However I did initially wake-up earlier but this was probably around 3 hours before my alarm which in this case was way too early, or maybe it was the cold again that made me not want to get out of bed. Luckily I could do this extra rest, I did have work to get in for but that was only later in the day. And so I still had the rest of the morning to get chores done and log on Steemit. By the time I left for work all the snow had vanished due to all the rain, unfortunately when I left it was still raining but it was ice cold drops falling and also windy, it was definitely not very pleasant out. I rushed to work and even if I was originally a bit late I arrived earlier due to trying to avoid the horrid weather. Checked to see I was doing the usual but unfortunately I would also get caught in for doing the extra work what sucked even more was that it arrived earlier so there was definitely no escaping it again. On my return home it seemed like the weather was much better but I realised this was not the case but just the direction in which the wind was blowing. As I continued on my way home it seemed like some guys car had broken down on the road but luckily police arrived to quickly attached the guys car to theirs so the police could pull it to the side. I wasn't able to post the other day as while I was out with friends I got a call from my mother at a late hour which was strange, but even more strange was when I picked up it was the police on the other side asking me who I was. The police explained my mother had a accident and as her son I had to help her, of course I rushed from my friends to go to my mother. Luckily after a few hours we was able to get her home, I was extremely tired from the ordeal and the thought I was about to lose her is very stressing and upsetting. Thank goodness she is doing better now. I have now been seeing around more often our new staff member as I had not seen her much at all since the "work meeting" and so thought initially that the meeting was probably enough to scare her way lol. I didn't speak with her too much but she seems nice, she comes from the site that I was going to move to if they decided to close this one down so I want to have a chat with her about what it was like working there for them. The "dreaded" work meeting in the end wasn't so bad especially when it started with free pizza and drink, also I won a prize coming around 2nd place but the only thing that interested me and made it worth while was returning with the knowledge that we are most likely "about 95%" going to still have a job come Christmas for another 2 to 3 years. It was reported that it was going to get much colder again in the last week of February and they haven't been totally wrong, the snow bomb however was suppose to have hit us over 2 weeks ago but I bet the folks reporting the weather are going to claim they were right all along, I also wouldn't exactly really call this a snow bomb.
As for Steem there was 66 people who took the time to submit an application to become a Community Curator for March and so between the seven curation teams there will be now 49 community curators which means 4 million SP in total will be used for upvoting content, you can see the Teams and those selected here Community Curators. Also some changes when it comes to the Team's Booming Support, there are so far 3 different tiers which means there is more opportunity for other communities to take part. There were nearly 30 communities putting themselves forward for getting booming support, you can check these excepted communities for yourself here 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, not only that but for a few months we was not given any TRX rewards. However most of the missing TRX rewards have now been sent to users, we are also now receiving our current TRX rewards but it does take 2 or maybe 3 days to get them. However what worries me more is if the market can recover, and while naturally I had no doubts it would eventually however there seems to be a lot of movement from authorities which will prevent many from being able to take part making crypto get stale. Looks like Binance is being another target for them, also the International Monetary Fund has been urging countries not to adopt cryptocurrencies as legal tender due to it's so called higher risk of instability. This sounds like another poor excuse, they have previously criticised El Salvador’s move to become the world’s first country to adopt bitcoin as legal tender, but this idea has since then also been copied by the Central African Republic.
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