Steem Price Daily - May 17, 2018
Steem
The price of Steem has flat-lined, still sitting in the ~$2.85 price range.
Korean Markets accounted for 27.3% of exchange-based trade volume over the past 24 hours.
The circulating supply of Steem is currently at 256,133,367.
SBD
The price of the Steem Backed Dollar remains uncertain as well, still sitting in the ~$2.25 price range.
Korean markets accounted for 94.99% of exchange-based trade volume over the past 24 hours.
The circulating supply of SBD is currently 13,760,375, or 5.372% of Steem's circulating supply.
Practical Information
The 3.5 day Price feed for Steem is $2.968, and at this moment $1.00 worth of post reward will pay the author a minimum of:
▫ 0.126 Steem Power and 0.375 SBD for the 50%/50% reward option
▫ 0.252 Steem Power and 0.000 SBD for the 100% Reward option.
100% reward option still available on busy.org
For bid bots (at the current 3.5 day Steem Price), 1 SBD would need to buy a minimum vote of $2.00 to break even, rewarding 0.750 SBD and 0.253 Steem Power to the author.
a rising or falling 3.5 day Steem price will adjust post reward and SBD earned, but Steem Power reward will be mostly unchanged as it's payout formula is SBD reward divided by 3.5 day Steem price.
Steem Stats
| Steem | SBD | |
|---|---|---|
| Last Closing Price Steem vs SBD Difference | $2.85 +$0.47 or +19.75% | $2.38 |
| Price 1 Year Ago | $0.802864 | $1.63 |
| 1 Year Difference | +259.96% | +46.01% |
| 3.5 Day Feed Price | $2.968 | n/a |
| Marketcap Rank | #31 | #297 |
| Current Marketcap | $730,761,302 | $31,963,425 |
| Current Marketshare | 0.191% | 0.0083% |
| Circulating Supply | 256,133,367 | 13,760,375 |
| 24 Hour vs. USD | -0.48% | -1.23% |
| 7 Day vs. USD | -16.45% | -17.90% |
| 24 Hour vs. BTC | +0.13% | -0.63% |
| 7 Day vs. BTC | -6.07% | -7.70% |
| 24 Hour vs. ETH | -0.08% | -0.83% |
| 7 Day vs. ETH | -9.19% | -10.77% |
Steem Trade Volume
source
SBD Trade Volume
source
Steem Dollar vs Steem
1.000 Steem should buy 1.266 SBD at this moment in time.
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Steem vs. USD
Logarithmic Chart - 1 day Increments
Steem vs. Bitcoin
Logarithmic Chart - 1 hour Increments
Steem vs. Ethereum
Logarithmic Chart - 1 hour Increments
SBD vs. USD
Logarithmic Chart - 1 day Increments
SBD vs. Bitcoin
Logarithmic Chart - 1 hour Increments
Thank you for reading. Try to keep your head attached in these crazy and blood-thirsty crypto markets.
Steem Guides (in reading order):
For Dummies: How Steem Post Payouts Work
Upvote Buying & the Steem Power Snowball Effect
How to Help Clean Up (and Profit From) Steem Abuse
How, When and Why You Need to Plan Your Steem Growth
Want to make money while helping to clean the garbage up on Steem? Report plagiarism, theft, tag abuse, comment spam, post spam, and other Steem abuse that degrades the Steem Platform to @steemcleaners with their reporting tool. If you provide good evidence, they will investigate and deal with the abuser. A week or two later they usually reward you in Steem Power. It's a win-win for everyone, just don't abuse the abuse reporting tool itself.
Want to grow your steem power faster?
try @smartsteem
or @minnowbooster
and @steemfollower
Tip Jar:
Dogecoin DDizpbLrYzFNEZtEVvUXo8kKBKu3K7yLry
As always; good luck, good wealth and good health to everyone on Steemit. Stay positive towards others and help the community grow.
This is very useful information for a newbie like me. If steem price goes down, then using bidbot will bring benefit or loss? Please reply.
It would benefit in the long term. The lower the price of Steem, the more Steem Power you can earn. If the price of Steem was 10 cents, you'd be getting 3.750 Steem and 0.375 SBD for each $1.00 of post reward.
Thank you very much! Now I understand. The low price of steem means 50% of total payout, will be converted in steem. The lower price of steem in comparison to SBD means more Steem from the total payout! This is good!
yep. and SBD reward payout never changes, always half of 75%, or 0.375 SBD. Just divide 0.375 by the 3.5 day price of Steem (top right corner of steemnow.com) to get your Steem Power payout for every $1.00 of post reward.
Great content, had to resteem this for educational purposes
appreciate it!
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Are you a real person behind this article ? I mean human beings.
You're not bringing any value to our community from this post...
I have no idea what you mean. these daily steem posts take a lot of time to put together, hence why I'm taking a break from doing them. If you don't find value in what I post, mute me and go waste someone else's time.