Daily Steem Price Update 31/1/2023steemCreated with Sketch.

in #steemit2 years ago

Good day Steemian and welcome to today's Steem price update for 31/1/2023.
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 31/1/2023.

Should you be trading with STEEM today...?


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(Images By: @simonjay)


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Jan 2023 with such a fall in price this actually helps 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 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 did gain some so let's not be discouraged. Since then the price as gone up in the general market this includes Steem, a good sign but not for reaching our goal. However it doesn't really matter as the point of us trying to reach our 50k goal is to secure and raise the price of Steem. Many experts claim that this jump in the market is a fake incentive to get people interested in buying again, but we do have to note that it's been holding rather well. Still Steem sells at a good price however what doesn't is these days our average electrical usage, 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, so many things have gone up in price. I doubt January brought in much better with the weather being colder and the cost of living spiralling upwards hitting hard. Many are left wondering when will it get better and when will it all stop? The bad news is most likely it won't, I mean it never as before and so why do people continue to think there will be a reverse on these costs? 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 are claiming the same, 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 being much better, people just seem to be getting worse, losing themselves more and more and doing horrendous things to each other. When I got up this morning it was pretty chilly making it difficult to want to get up. At least it was finally brighter today thought it would be since the past few days were cloudy but slowly improving. I decided to rest a little longer before getting up, I didn't have work today so when I did get up I began with my chores. I spend most of day doing those, working on other projects and of course came on Steem. I also spent some time writing up a little guide to help friends with the online gaming night sessions to find items they need. I have strangely been very lucky to be avoiding many of the extra work shifts lately which I have no problem with.

As for Steem the Steemit community in Korea is holding a special offline meetup in Busan, this will be on February 4th Saturday. A top 20 witness "donekim" is inviting questions from the Steemit community that he will put forward to the Steemit team before the meeting. He then hopes to report back with their answers and so if your interested in reading more or asking your own question go to the Donekim Steemit Team Qs post. 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 now 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 but once again.. we have stopped receiving TRX rewards. There sure often seems to be issues with receiving these TRX rewards and so I do wish they would focus a little more on this re-occurring problem as it looks so bad on Steemit. From what is understood initially there was bug/issue with how TRX was being distributed, from what I could see instead of receiving half we was still getting almost the full amount. It is a little surprising just how long it was taking them to basically cut the TRX rewards in half, this was announced back in October 2022. The team were saying that all these TRX rewards from it's down date will still be received into our wallets once the issue as been resolved. Hopefully this will happen but I'm assuming what will be received is the TRX "at the new rate of earning" and not the rewards we had previously seen being displayed. There was a note saying that the issue would be fixed before Christmas but to no surprise we are heading into the 2nd month of the new year and still nothing. However we do seem to have the correct amount being displayed on the wallet page now.. progress? I hope so... actually I received some TRX on the 10th of Jan but when I next excepted rewards I checked the following morning to see if they were received and even checked today but there's still nothing coming through.


Good Service Trade Your TRON For STEEM TRX-STEEM

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January 2023 Month Results For #club5050 !!

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Hi @simonjay,
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