Minnows, Dolphins, and Whales: The Importance of Steem Power

in #steemit8 years ago (edited)

(Re-post, as the website was down just after this was posted, due to the security breach)

Everyone is Talking About Whales, Dolphins and Minnows

As the Steemit community grows, and users continue to come aboard in the hopes of earning money for liking and uploading content, one thing is certain: not everyone is getting the same piece of the pie.

Some users are able to like content and AUTOMATICALLY pay that user $15 for said content. It's like a big tip, based on a heavily weighted vote.

This vote's weight, as you are most likely aware, is based on how much "Steem Power" the voter has. They can heftily  move and shift opinions about content that deserves recognition, much like a "whale" makes huge waves that affect everything in the sea around it.

(P.S. Minnows, Dolphins, and Whales exist in every financial market. If whales make a big sell order, they can crash entire markets with small caps- and if they buy, everyone makes money)


Minnows - Soldiers/Peons/Pipsqueaks/Regular/Headshot

 

This is the average user on Steemit. Perhaps they've come aboard just recently, hearing about their free money just for signing up. Perhaps they've already put $10, $20, or maybe even $100-$500 into their Steem Power, to try and gain some weight on their votes.

Minnows have very little ability to influence the direction that votes take, as their votes are not worth very much. It would take many multiples, maybe even in the 100's, to make them worth the same in votes as one whale. Minnows cannot up vote content and immediately give it a "tip". At best, they might be able to get you $.01, as they slowly climb through the early Steam Power numbers.


Dolphins - Generals/B-List/Cool-Kids-On-The-block/Heroic/Unstoppable

 

These are people who have invested a decent amount into the Steemit platform. They have generally invested a few thousand into their Steem Power, and are able to give a couple of cents to content with one single vote. As they vote, they begin to entice others to vote, capturing the attention of recent post's voter's attention a tad. They might give a blog post 10 cents just for their vote. As Steem Power has grown in their wallets, through investment (or enough money earned off of posting and up-voting content), they now have Steem Power that truly grows by itself just by sitting there. They get slowly more and more powerful and influential. Maybe one day they'll even join the ranks of...-


Whales - Commanders-in-Chief/Kings/Godzillas/Legendary/Godlike

 

These are the big kahunas. When they like something, YOU'LL know. Hell, you'll probably like their content too, if you don't want to miss out on earning a few bucks by not liking them early on. When they like something, you'll see it under "Recommended, Hot, Trending", and pretty much heading every other sexy category, with a good number of monetarily valued digits under them. These are the guys with 50,000 Steam Power. 100,000 Steam Power. 1,000,000 Steam Power. When they move, everyone looks in awe, as they shake the markets with each step.

Sort:  

Can this post generate steem again to go back to the hot list? Good test...we'll see.

It'll be interesting to see. So far it seems to be moving.

I think it should do well again. Will be good for the community. As I am sure a lot of users might have missed the first one. this will help.

Thank you! It definitely made me pretty sad that it was doing well and suddenly the site went offline stopping it from getting any further progress or attention. It does seem like a fun intro to the community for most, from what the last post gauged :) Your support is much appreciated!

yeah! it will help the newbies understand the terms well. I was so CONFUSED when I first heard these terms! lol

LOL They're fun terms to hear, but just so esoteric at first :) Cheers

true that! cheers!

Everything Im getting is going to steem power because it makes you an important part of the community. What is $100 here and there vs being part of something?

It's the MOST important part of the community :) I guess you're right- people spend 100$ on a lot more frivolous things. At least this is an investment =D

exactly, I want to be a part of something useful instead of wasting time on games or chat sites, geez I think i am actually learning Real Life stuff as well ;)

So glad i caught this repost. Saved me a bit of research time and I do appreciate that. Heres my upvote and may your soar to the top! ;)

Thank you!! You rock, dude. I'll be looking out for your name!

Awesome post for clearing things up for a newbie like me xD

Heck yeah thanks for explaining this..

I did a video about commenting and moving past make up tutorials will u check it out please?
https://steemit.com/new/@stealthtrader/steemit-vlog-2

Same happened to me with my last post but no mood to repost . I just love dolphins ! All animals ! Good luck

very informative

downvoting... the first identical post got 300 likes and 1700 in earnings. It got plenty of exposure. Duplicate content is counterproductive. What youre trying to do is make a sticky.

What's the link for the first post ?

How do you make a sticky? It actually got little exposure to likes, as it was indeed a post that seemed to be getting traction, but was Steemit was hacked, after being up only about 8 hours, stopping any more likes from touching it- whilst a makeup tutorial blew up via illegal re-voting exploits. Meh. I can see why you'd downvote, though, so I don't judge. Cheers, sigmajin, and all the best!

I love this post. I think its perfectly made. Thanks man!

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