[SteemDown.com] - Which whales are powering down?

in steem •  8 years ago 

SteemDown.com

After running into a post from @igster entitled Top 30 SP holders & Power down - Who is powering down and how big are the payments?, I thought to take the challenge of automating such a table with real-time numbers.

I am proud to present to you today SteemDown.com. This tool displays the Top 50 whales and a variety of metrics.

Which whales are powering down?

Who is getting their money out? And how fat is it really? SteemDown will give you -

  • Steem
  • Steem Power
  • Steem Dollars
  • Estimated Value
  • Single Vote
  • Withdrawing?
  • Withdraw Time
  • Withdraw Amount

Take a look to see how it works:

As you can see, the STEEM price is taken from Poloniex and used to calculate what the whales are getting. The ones with a pending withdrawal will be highlighted in light blue.

Now you can see how many of the big players are really in the game!

Kudos to @ned and @dan for staying!

Tools Used

#steem #steemit #steemdown #steemapps #whales #steempoweredfreedom #realtime #blockchain #cryptocurrency #steemtools #appsforsteem

Visit SteemDown.com Now!

Thanks! And Enjoy. Feedback is always welcome.

@bitcoiner

P.S. Feel free to check out and upvote my #introduceyourself post: HELLO, FRIEND


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This might be the future of all corporations imagine if you could see exactly when the CEOs of major corporations were selling. Thanks for building.

@dennygalindo For publicly traded companies at least, the CEO and other key people are required to file a notice with the SEC and publish it explaining when they will be selling and how much. This has if I recall correctly, a 90 day in advance window attached to it.

Not doing this is called insider trading and could also run afoul of sarbanes oxley.

Cool tool though! I upvoted!

In equities it is after the fact though, this is before the action occurs. Much better to get word 7 days before than after.

7 days of public shaming! Lol

Does this mean this site gonna get be called out by Feds or other governmental agency?

Haha, let's hope not =D I am but a humble developer =O ... and #minnow! JUST KEEP SWIMMING, JUST KEEP SWIMMING!

  ·  8 years ago (edited)

swimming, swimming, swimming

All those poor fishes!! Just... eaten alive! =O
JUST KEEP SWIMMING!

Thank you for upvoting, @williambanks. Huge fan of your work like #steembots and #payitforward! Cheers!

@bitcoiner Thanks, I really appreciate the props like that. Comments like that make it all worthwhile. BTW feel free to play #payitforward All you do is add the tag to the beginning of your post then find any other blog with that tag and cross post, even mine ! :)

I think it's the most powerful tool we minnows can build on right now.

Yes, the blockchain gives total transparency! And as an aside, this was what TheDAO was aiming for. Too bad of its fate though. Anyway, you're welcome!

For your next version you should add a feature that calculates power down dilution for next 7 days. It should calc power down percent of total steem. ( ideally you would also incorporate the natural steem inflation also but just power down supply % of total would be helpful.

Thanks! I'll take this into consideration!

Why does it matter?

transparency! curiosity!

The talent of people like you, @roelandp, and @mauricemikkers just blows my mind. Thank you.

Thank you! BTW congrats on your refund from @coinbase! I'm following you from now on haha. I really must give a shoutout to @roelandp for #steemtools and others, and for @mauricemikkers which in SteemDown I linked to his #steemdollars upvote calculator. All the developers here on Steemit are such great people! Though I'm not as famous as they are haha

Wow I didn't realise I'd been refunded! Thanks for the heads up. Good ol' Ned.

No problem! Yea Ned is cool

  ·  8 years ago (edited)

The steemit account seems to primarily be supplying the steem account with funds for new user account creations, and is also sending STEEM to @blocktrades (presumably in exchange for the BTC they collect) to support the on-site Powering Up and STEEM purchases.

Thank you!

Speechless! Oh and as an aside, I found out that @ben has only posted once ever, and it's on here haha. https://steemit.com/@ben/posts

  ·  8 years ago (edited)

Same, this implies quite a bit about the wealth distribution argument. This is a 100% power-down, no votes, meaning no redistribution.

There could be a valid reason as to why this is being done. But why the primary stakeholder will have zero stake in less than two years. IMHO this does not imply a long-term vested interest, and unfortunately brings merit to the "P" argument.

Looking forward to some kind of discussion about this.

The way I understand it, for every unit of wealth generated as rewards (author, curation, witness, etc), 9 units are generated and distributed to SP holders (mostly whales).
So it seems like whales powering down and giving away (hah) or selling their tokens is pretty much the only way to make a difference in wealth distribution. But I have a feeling the noble goal of redistribution is not the reason they're powering down...:)

Yes, this is one discussion that needs to be had!

Ben is a Steemit employee I believe, and they have some kind of arrangement with Steemit funded accounts from way before STEEM tokens were traded.

This can help predict the price of STEEM by analyzing the supply side of the market.

Bingo. It also tells you when you can power down. We do need to tally all power down to see what percent of supply it is though( see post above)

Great work!
If we can see the total accumulated withdraw amount per account on a given period, it will be really insightful.

Noted. Thank you!

I posted your site on Korean community forum as well.
http://www.ddengle.com/bitcoinshare/1345544

nice!
any chance you can make a row at the bottom that is the sum of all powerdowns within next 24hrs?

I was about to do this manually. Definitely would be a nice feature to see. Also, people should keep in mind, a Power Down does not a guarantee a cash out. I'm reminded of a post of mine which noticed Ned was about to get a huge payout with his power down and after 7 days, right before payout, he cancelled it. Maybe a nice feature would be to show when the previous successful cash out was for that account. That might give an indicator for how strong the power down signal is.

Thanks! On my todo list!

I second that, and then, do you plan adding powerups maybe? I think it is the powerup / powerdown balance that is mostly interesting, i.e. whether the network as a whole grows or shrinks in terms of power

This would be interesting to see. I'll see what I can do

thank you for bringing it to the masses!

These analytical websites are a good indicator of a healthy community. The more the better.

Thanks!

This type of stuff is key to moving up developer rankings at coin gecko.

Ahh, just checked out CoinGecko. I've always been using CoinMarketCap but CoinGecko might be better!

Great idea, we need to be aware of those who do not believe in the project!

Agreed!

This is a great tool for traders like me

Glad it's helpful for you! I'm a trader as well. Hopefully poloniex doesn't go cryptsy or gox. Haha

Can you also make a site to show whales/accounts who are powering up?

How did you do this? Next post should be how to make steemit add on website.

Yup! I am a web developer. Thanks for the suggestion. I'll definitely consider it!

Nice website did you make this site yourself?

Yes! Took me the whole weekend. Sleep deprived now lol. Have to head to work...

I tried to highlight it again to get you some more votes. I am not sure if it worked though.

Looks like my highlight post have you a much deserved second wind.

Much appreciated, friend!

This is a great insight, great tool !!

Thank you!

Nice job @bitcoiner... Bookmarked!!

Glad you liked it! I like your username haha.

Great info. Thanks.

That is some impressive work.

Great idea and domain, thanks for doing this :)
I started personally powering down what i made from #steemviz v1, but im seriously considering investing more as my posts seem to be near invisible now ..

Wow! A fellow steemian dev here! Thanks for stopping by. =D And congrats on steemviz!

Good work.

I'd like to ask for some more stats:

  • Total amount being powered down at any moment (in Steem and $ equivalents)
  • Total amounts powered down so far by each account
  • Total amounts sent to any of the known exchange accounts (poloniex, openledger, bittrex)

Thanks! And I'll see what I can do

Good work, really useful, indeed!

Thank you, @good-karma!

This tool is awesome!

Thank you, @teamsteem! Though it is not getting the reach I was hoping for. All steemians should be aware of what the whales are doing. Mind doing a post about this tool? ;)

I think it might have to do about not behind the best publicity for Steem. I'll think about a way to help you! I'll market your article for a start!

I appreciate it, @teamsteem! Thank you!

This is very helpful site. These kind of softwares/sites make Steemit helpful and more trustful. More open the better Steemit! Thanks for making it! :)

And thank you for checking it out!

Investments no, "whales" withdrawn funds ... Steemid waiting for demise?

we just have to wait and see

Does anyone actually know who controls the @steemit account?

There are a lot of non-sketchy reasons I could think of for them powering down.
There are also a lot of sketchy reasons.....

probably steemit, inc?

good job

thanks!

Sorry I missed this. This is interesting information will check the page out. I think we will see more whales power down as the prices of STEEM rise more. It makes sense to diversify your holdings whether you are a whale or a minnow.

Is it now broken? It's been loading forever. Great looking site. Hope I'm not to late to see.

I have seen a lot of concern about whales powering down in the past. Is it naive of me to not think of it as a bad thing? With the recent introduction of our latest two big catches DollarVigalante and Playboy girl.... There's going to be sign ups a lot. Steem needs to be out there and available. Is it going to drive the price down? Yes, absolutely.... But honestly working hard for $150 post that took a few hours would still be amazing to most. Time will tell, but I think the bumpy road will continue and eventually build something strong

@bicoiner, really neat! Could you perhaps add more than just top 50, and also the sum and compare it with the total market cap of STEEM? That will give an indication of what will happen to the price if nobody buys more.

I like the efficiency of steemit ecosystem! Come up with an idea and there's someone ready to work it out for everyone to use, thank you for this work. Just stumbled on it myself.

Wow! Looks like they did! Great job catching it haha

1KsZHGPcYSgjsQvywCSr7MYWGXZ6eWUiSh

Thank you for sharing!

Great and cool tool. Many thanks.

1KsZHGPcYSgjsQvywCSr7MYWGXZ6eWUiSh

  ·  7 years ago (edited)

luar biasa informasinya berguna sekali bagi kami sebagai pemula good luck

Pretty cool. is @ben on there?

Hello I am an artist from South Africa, I have been making digital art for 3 years every day, I am trying out Steemit and would really appreciate your support with a Upvote or even a follow. have a super day @debart