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RE: Huge Loss in Whale Power: A 6+ Month View: Distribution Is Really Changing!!!! Facts On Paid Bots Too!!!!
I do expect that the whales will loose more power in the coming weeks. Lots of red fishes, minnows and dolphins will be bying Steem with these low prices, which will have an impact on the voting powers of the whales!
That is very true @fullcoverbetting.
If the price remains low, there will be some powering up to enhance their accounts. That will help a great deal.
Another factor is fixing the sign up. We were told that it would be about a month before we saw an effect....if we see that in the next couple weeks, an influx of people could really cause a shift over the next few months.
Indeed 5 days after each other with more than 2K new subscribers. Always a good sign.
To bad, we also have maybe more drop outs than newcomers.
But as long as people do think that Steemit is a quick rich scheme, they will drop out.
As soon as they see it as a new social media platform, where the money part is more a nice side effect than the main reason we will be fine!
I agree completely. I do not like the idea of promoting this site, marketing it, based upon the money making aspects of things. I think those on YouTube and Facebook are doing a disservice to the blockchain.
We need to promote censorship free, decentralization, and a lack of data mining...plus we can throw in unhackable.
These are things that we need to tout...they are concepts that are on people's minds.
The “drop outs” could just be taking a break. When steem is back up, they will be back too.
It’s a out building communities, if there are people reading and commenting on your work, often, you are more likely to stay - or want to come back.
I know I'll be buying in for sure, because these prices are way too good to pas up!