Truth behind whales!

in #steemit8 years ago (edited)

What a whale is and why this is bad.

you post good content. but because out of 36,800 users only 45 user actually have any real power to up-vote your content and therefore give you money.

What does this mean

even if all of the other 36000 members up-vote your post. the steemit network would think that only 7% of user were interest.

How to beat the system

1 MV = 1M VESTS = 243.723 STEEM = $869.362

If you wanted to become a superuser and grab a 2% influence it would literally cost you 869 dollars but to be a legend you would have to invest 869,000 dollars to the network so while you think you have a chance at fame and fortune the truth is unless one of the founders of the company up-votes your content. you will make very little money, and its simply not in there interest to do so.

It gets worse

on any given day there are only 5000 accounts active meaning that even if all users were to up-vote your post you would barely break 0.8% interest. but there are 24 hours in a day. meaning 5000/24= only 208 users on average will ever see your post. that doesn't even break .001% interest.

so why do some make money?

my thoughts while unproven are. I think its a shell game. while users put Money into into network whales take it out.

don't believe me up-vote this post and bookmark it for later. you will that unless a whale upvotes no money is to be made.

this is a problem that eventually will cause the end of steem!!!



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They may not be taking money out of the system, the system probably creates it as needed.

However think of it this way. Whales get 20 great votes in a 24 hour period. Meaning they can vote 20 times and each user would get the max available for that particular whales vote.

This could be $200 per upvote, or even $2,000 per whale upvote.

Who are they most likely to upvote? You? or their friends who are signing up and making posts? Or even their own shell accounts?

Maybe they give 19 upvotes to friends, and 1 to the public. Who knows.

15 votes and it doesnt matter. The whales control steemit, the upvotes are most likely going to friends and content is downvoted even if it was previously getting a lot of upvotes from users as being helpful.

Just have to wait for someone to take this idea, refine it and run with it.

You don't take the trouble to use proper sentences, punctuation, grammar, capitalization, or research/fact checking. Yet you have the audacity to say: "you post good content."

You have no idea of what good content is (from the viewpoint of those who put their sweat, tears and treasure into the development of this opportunity for you - not from the viewpoint of juvenile, entitled miscreants).

Your slovenly post and attitude add zero value to the platform - in fact they are probably deleterious in the eyes of the value contributors we hope to attract.

Hopefully you still have quite a bit of growing up to do and this is not a manifestation of your adult character. Heaven help you if it is.

I am sorry for the inconvinience of my poor english. But it is a second language to me

English as a second language does not excuse your lack of research/fact checking.

And it certainly does not excuse making baseless accusations and the spreading of FUD.
" while users put Money into into network whales take it out"

There are content contributors who started with nothing and have never put any money into steemit - but have withdrawn hundreds, and in some cases, thousands of dollars.

This poster also has English as a second language. But she has a positive attitude and is making contributions to the community whereas you have a negative attitude and are sewing dissension in the community. Who do you think will be rewarded?
https://steemit.com/steemit/@chicana/steemit-re-open-for-new-users-released-almost-100-balloons-with-steemit-logo

ok now that i have managed to get the photos back up you can see my facts are acurate

Unlike the OP this comment is rude, nasty, personally insulting and unhelpful. OP took the time to write a carefully considered critique. That’s Proof of Work as described in the Whitepaper.

So we have a coment with 15 upvotes . And 1 downvote from a user called steemitservices . The post is greyed out because the whale down voted. I think were on to something here guys. Proof is in the downvotes made by whales

What are the odds that steemit services havnt made a post that has not made over 200 dollars

so, this is about whales? we need upvote from whales for make our post big rewards?

Great insight! I was thinking the same.

Would be surprised if the whole enchilada is an ill conceived plot from day 1. Faith in humanity would be null.

Interesting stats, thanks for the info.

Thanks for sharig

That friend5 guy is a whale...

That friend5 guy has made large investments into this project in both time and money, and has taken nothing out.

Sounds friendly enough to me.

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