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RE: STEEM: Whales Are Losing Their Power....The System Is Not Broken...Report through 3/31/2018
I don't agree with your calculation because you are calculating like Roger Ver, when he is talking about Bitcoin dominance and how it is falling. Of course that percentage of whales will be lower when we have many new accounts every day and of course that BTC dominance is lower every day when every day there is many new altcoins. I would like to see more equal number of all type of Steemit users.
It's not based on the number of accounts, @cicbar. It's based on the MVests per account. So you can have 10,000 new accounts in one day, but it's not goign to falsely push the Red Fish numbers up. They won't have many MVests, so the math is still correct.
An eco-system where you have equal number of each category doesn't really work. The only way to enforce that is to manually assign people to categories, and then artificially keep them there. "Nope, sorry, the dolphin pool is full. You have to stay a minnow." People would be even more upset about that. It's better to have a system where you're free to grow based on the work you put in with the tools you have available.
If I am alone on Steemit and I have 100MV, I hold 100% of Vests, and then if only 1 new user come with only 200 Vests, I will not have 100% of Vests, I will have little bit less than 100%...
That is correct, but for it to make a meaningful impact, there will actually have to be growth on the plankton and minnows' parts.
Data is subject to interpretation, so if you see it differently, that's fine with me. It's fun (for me at least) to look at it and see what can be deduced. Thanks for your thoughts.
We need to bring in many new active users to have successful Steemit. I hope that whale dominance will fall because at moment there is huge difference in Vests between whales and new user. If I could change something(and I can't), I would limit maximum number of Steem power that you can have. Yes I know that some users would have many accounts with max SP but you gonna have at least less too powerful accounts and those user would have to change accounts all the time...
You can disagree all you want but, no offense, you would be completely wrong.
The simple fact is the dominance of whales is decreasing...hence the distribution is evening out.
This is a trend that I went back to when I signed up in August and have been posting this throughout the quarter...it has held up each time.
I respect your opinion, and I agree that dominance is decreasing but we have different opinions why is that happening.
The next post will really show this point.
This is good shit and should prove to everyone that STEEM is here to stay, in ALL IN.
This really emphasizes the point over a 90 day basis.
https://steemit.com/steem/@taskmaster4450/steem-whales-are-losing-their-power-the-system-is-not-broken-quarterly-report-3-31-2018