Following on from a couple of discussions that have happened in recent months, some more chatter on the distribution of Steem Power across the Steem account holders, and potential courses of action to take in order to grow your account for the greater good.
source
The first post is one by @tarazkp who asked me to take a look at the distribution of Steem Power (SP) based on his feelings that:
The middle class we need is a large group of accounts that hold between 30-60,000 SP
https://steemit.com/steem/@tarazkp/are-you-a-steem-1-percenter-do-you-know-who-is
The numbers presented to him (which are coming along with an update below) brought this summary statement:
There are 9637 accounts with more than 500 SP in their wallet and THEY ARE ALL 1 percenters in regards to total Steemit accounts. Yes, you there with that 10 cent vote, you are a 1 percenter too.
A 10 cent up vote puts you in the top 1% accounts
A more recent post from @wolfhart in which he uses a quote from @simplymike to discuss supporting Red Fish (less than 500 SP) has been the cue for my entry today.
https://steemit.com/anhouraday/@wolfhart/minnows-will-they-be-left-behind-78343bd4bccfe
A look at the numbers
It was about 6 weeks ago when I pulled the original data for @tarazkp, and I've just performed the same task today. The data is in the table below.
| SP | 22nd June 2018 | 2nd July 2018 | + / - | % change |
|---|---|---|---|---|
| < 100 | 980776 | 1040558 | 59782 | 6.1% |
| 100 - 500 | 13026 | 13289 | 263 | 2.0% |
| 500 - 1000 | 3442 | 3636 | 194 | 5.6% |
| 1000 - 5000 | 4275 | 4411 | 136 | 3.2% |
| 5000 - 10000 | 776 | 810 | 34 | 4.4% |
| 10k - 20k | 511 | 526 | 15 | 2.9% |
| 20k - 30k | 191 | 198 | 7 | 3.7% |
| 30k - 40k | 88 | 106 | 18 | 20.5% |
| 40k - 50k | 57 | 55 | -2 | -3.5% |
| 50k - 60k | 58 | 60 | 2 | 3.4% |
| 60k - 70k | 35 | 32 | -3 | -8.6% |
| 70k - 80k | 20 | 24 | 4 | 20.0% |
| 80k - 90k | 19 | 13 | -6 | -31.6% |
| 90k - 100k | 18 | 11 | -7 | -38.9% |
| 100k + | 147 | 153 | 6 | 4.1% |
Drawing conclusions from these numbers has many caveats, one example being a larger account diversifying into multiple accounts - a large dolphin lost, 10 minnows gained.
However, if we take the numbers at face value, it's easy to spot the huge influx of accounts with < 100 SP over the past 6 weeks in comparison to the other (larger) thresholds. The bottom is growing much faster than the top, as you would expect I think.
Another point of potential note is that the 500 - 5000 SP accounts are all growing, along with (to a similar extent in % terms), the accounts with 5000 - 40000 SP. The best case scenario being that these are unique user accounts that are investing, or growing via content creation, etc. Although, there is a reduction in 80 - 100k accounts, which could mean the original point about a larger account diversifying is playing a role here too.
Who's supporting who?
For me, there is support that can be given to all sizes of accounts, and this is via the 'dapps'. I actually think that it's these accounts (@utopian-io, @dtube, @steemhunt, @fundition, etc) that are the key distributors of the STEEM at present, and whether you like how they are doing it or not, it is these accounts that are spreading the most wealth.
I could add @steemstem, @tribalsteemup, @deepdives, and other communities to the list too - All of the aforementioned accounts do not care how much SP you own, or (for the most part) what your 'Reputation' is.
Back to @wolfhart's post about supporting the Red Fish and the point made by @simplymike, and @tarazkp in his post regarding the 'middle class', or lack of.
It's honorable to be looking down for ways to support Red Fish and Minnows, but if you have not got your support network in place, this is going to impact the growth of your account. Very few have managed a good level of growth with this approach - anywhere near those contributing to @dtube / @dlive for example.
Personally, I think that accounts with less than 5000 SP (minimum) should be looking at what works best for them, keep the SP earned, get to Dolphin level, and then have a look around and see who your 50c 100% up-vote can benefit. Use the 'dapps' and the existing 'power' communities to grow your account, and let the 'middle class' do the rest...
What middle class?
The middle class we need is a large group of accounts that hold between 30-60,000 SP - @tarazkp
2 hours ago, we had 211 accounts in this range, 20 more than 6 weeks ago. Good!
Below this range, we had 1063428 accounts, 60431 accounts more than 6 weeks ago. Hmmm.
Whichever way you cook the numbers, it's not pretty reading. Newer accounts far outweigh the accounts who can support with a $3-6 (rough guide 30-60k SP) up-vote, and this gap will only grow. I'm not concerned necessarily about this gap increasing, it makes sense that it should. What I am more concerned about is 'good' Steemians losing focus of their own account, which would be of more benefit to others later on if they spent more of their energy (which doesn't necessarily mean self-votes) and time on themselves.
Don't run before you can walk
And in order to learn to walk, you might have to play the game. There is the investing in STEEM/SP option, but for those without the funds on the side, it's likely to be the content route. Content relating to boosting Red Fish who are just going to cash out isn't the way to go for anyone, and I would love to see my peers at 500 - 20000 SP focusing on the 'power communities', and seeing if they can get involved there.
As a potentially 'flaming' example, the Nigerians are all over @steemhunt right now, or so I am told. Why? Because this is one of the newest 'dapps' and they have 1 million SP in the bank to distribute. They are like a whale waiting for your content, it will be read and reviewed accordingly, and the chances of getting a vote via a 'dapp' over a person-whale is much higher.
I understand some people finding minimal interest in many of the 'dapps' and 'power communities', but is it not sometimes a case of 'sucking it up' and doing what needs to be done to aid the growth of your account? - I would look fondly at a Red Fish / Minnow / Dolphin 'using' these large votes to power up their account with the goal of sticking around, and then giving back when they reach a place they are comfortable with.
Summary
A 10 cent 100% up-vote (around 1000 SP) may put you in the top 1% of all accounts, but I think you are doing yourself and the community a potential disservice if you look down way more than looking up.
The standout Red Fish and Minnows will naturally grow and become visible, let us hope the majority of these account plan to stay.
If you plan to stick around and are a 'good egg' ( Thanks @lynncoyle1 ), then it will be better for the community for you to focus on growing your account towards the middle class.
I hope to see many good eggs (including @wolfhart and @simplymike) there in the future.
Cheers
Asher
Witness: @steemcommunity
Steem has a lot more coming with the new projects coming out and it will help the paltform grow and also possibly raise the price so I’m looking for all the exciting new projects coming up. And great statistics as always
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Yes I think that is the case too, thank you 😊
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Not exactly sure how big “large group” is supposed to be, but for large accounts, there are maximum numbers of how many accounts can exist:
https://steemit.com/steem/@preparedwombat/given-a-billion-steemit-accounts-how-many-minnows-would-there-be-how-many-dolphins-how-many-whales
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Great post, sorry for missing it.
And so maybe we should not care about those selling up, and it's required for those willing to stay to grow?
The inactives holding the 15 SP could be losing that, if I remember correctly, at some point soon. That would bring more VESTS back into play?
I guess as you state in the post, there is no better time than now to be collecting the SP - the dapps are the key imo.
Thanks for your input.
(Edited: typing failure/spelling)
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That’s already been happening. As we passed a million members, @steem was taking back those delegations from inactive accounts. My understanding is that if those folks go to log in again, their delegations will be reactivated.
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Ahh right. Are they reducing the SP though, I think a recent @steemitblog stated these (or perhaps new) accounts would have enough to do the basics. Cheers.
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That's a really good post @preparedwombat! It reminds me of something else I read, where someone was point out that your 200SP today may seem like "nothing," but in a Steemit ecosystem with 50 million users, you'd be almost "elite."
We're playing a game with a finite stake. Sure, there's "inflation," but in the greater scheme of things — assuming Steemit makes it past the 5-year and 10-year marks — we're going to be living in an environment where a "1c upvote" may be a really big deal because we're sitting on $200 Steem.
And ultimately, that's why being a stake holder MATTERS, and matters more than using this place as a weekly cash dispenser. However, few people are willing/able to do big picture-long term thinking.
=^..^=
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@preparedwombat That was interesting ^ for sure we have to stop giving everyone 15 steem to register based on those numbers.
Everything I'm reading says this SP I have is going to be much harder to get if we get popular. It makes me want to get as much as I can now
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This is some very interesting statistics ! I definitely think dtube and steemhunt etc is a very good way to build up some SP which can help you to more easily start playing with the big fish . Having said that I haven’t started using either yet. I haven’t been able to upload to Dtube, because somehow the format doesn’t seem to work.
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D.tube likes mp4. I run my videos through the handbrake app (free) and click the web optimized box. I just uploaded a video for my son that was 16 minutes long.
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Awesome ! So it’s basically not possible to upload with normal iPhone format right ?
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I wish!! Dlive and Dtube are mp4 so you will have to convert your videos somehow. I can’t wait until to get an in app converter and we can post straight from our Apple devices.
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Alright got it ! Thanks a lot for the feedback- Much appreciated !
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Your welcome
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I found iPhone files that are not edited upload fine - but you can't do it from the device to dtube at present.
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I see thanks for letting me know. I will try converting instead and see how it goes :)
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Nice, thanks for the info 👍🏾
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Your welcome. I have had a lot of trouble trying to get videos up in the past. His process is a little time consuming but it works. Hopefully with time the process will be easier
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Have you visited their discord for help? https://discord.gg/fwKyCT
I use OpenShot video editor, it's free and you can save to a variety of formats - mpeg should be fine.
If you have issues with sound, change the Audio Settings - Audio codec to 'aac'.
Good luck, it would be cool to see some video content from you :)
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Thanks for the tip I will be sure to check it out !
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Hey @abh12345,
How steep Is the learning curve, Asher? Just yesterday I made a mental note to search for a new video editor.
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I don't think it's that difficult to get the basics covered - there are video tutorials knocking around too and I've found those helpful.
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I'd submit that it's all about finding balance... as it often is with life, itself.
I don't remember where I originally read it, but there was a post from three months or so back in which someone was pointing out that the most "solid" long-term growth strategy wasn't necessarily about gimmicky and games, but about "growing with the people you joined up with."
I look at many of the people who regularly interact with my posts — and I with theirs — and they fall in a fairly narrow range around the same rep and starting point as I.
I look at my Human's primary account (started on the same day as @tarazkp) and most of the people he regularly interacts with joined Steemit at about the same time and now are much at the same "upper Minnow to Dolphin" level.
Absolutely we should help newcomers... that 5c or 10c upvote can be a huge morale booster during the early days; I know that well. But I believe you're basically right... "don't get in your own way." Don't spend more than 1/3 to 1/2 of your voting power on lifting newbies; by all means have contests! They seem to help "train" people to become more active, rather than "waiting around" for something to happen all by itself.
=^..^=
Edited to add: I am just a temporary Minnow via delegation...
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the plot thickens....
I recommend a 50/50 approach self/community with some percentage spread across small accounts to incentivise and larger percentages focused on the stayers. of course, the 50/50 is a maximum and as an account grows larger, it can adjust to more community orientated.
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The way I look at it is that if I don't take enough action to build my own stake, I am always going to be "stagnant" in my capacity to help others grow. Right now, I can only throw about 30-40 small upvotes a day around, AND that's with a couple of nice delegations.
When you're very small, something like a 10c upvote (especially on a comment) is actually "exciting" because it feels like actual progress. Getting 10c from a "bounty" feels like progress. If my account grows 10% in a week it feels like major progress... even if that's just 5SP.
So small things go a long way in making the difference between creating an active "future minnow" and yet another "dead redfish."
=^..^=
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Hi @curatorcat, thanks for the comments.
Yeah basically the post is about not being too selfless, particulary if you plan to stick around. People have different opinons of how to spread your vote between self/small/large accounts - and I guess there is no ideal, this is down to the person.
Cheers.
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Thanks for your advice, Asher.
Ever since the beginning, I’ve been involved in supporting and educating others. (I’m a teacher in real life, so this comes natural to me, lol.)
I t wasn’t until a couple of weeks ago, after I had a conversation with @beeyou, that I realized that although this is a noble thing to do, I was limiting the growth of my own account. Especially because the higher you get on the chain, the less support you get from the bigger guys.
From thatthat moment forward, I changed my mindset. I started to see that the bigger I could grow my own account, the more people I could give some decent support.
But it was (and still is) a bit of an ethical battle. I actually want to do both.
So I started lobbying, trying to find people who were struggling with the same issues. And I found quite some people who were asking themselves the same question.
I do believe both can - nééd - to be combined. It’ all about finding the right balance.
Our bad luck is that the bigger you grow your account, the less people have a bigger account and can, or want to support.
So we’ll have to set up our own support system somehow, with little help from bigger accounts. In order to be able to maximize growth, us smaller and bigger minnows have to figure out how we can make the most out of supporting eachother. IMO, without forgetting to support the smaller accounts at the same time.
I’m not a good strategist, so I’m still hoping someone will come up with a solution that allows us to do both. Because I do remember how it was to be new, and if those newbies will have to wait until the 5000+ accounts will start supporting them, they will be long gone before they even got started.
I’m glad my repeated comments on the topic have raised a little awareness and that more people are thinking about how we can find the balance we need.
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The balance will be better when you get to 5k 😊 More teacher dolphins please!
Turn everyone altruistic and things may look instantly awesome. Of course that is not going to happen, and so the good guys need to collect now to fill the gap.
Thanks for pushing the topic, I'm sure @tarazkp will write more words on it in future, and probably myself too. It's not one code can fix easily, and likely depends more on how people act - Rise good eggs rise!
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As one of my earliest supporters @simplymike, I will always be grateful for those early boosts! But I also agree with your point here... and I'd like to add a little nuance:
It's great to help newbies and have newbie contests and initiatives... but I think what we need to consider is what constitutes helping newcomners by empowering them, and where we get into getting in our own way by actually getting in the business of offering "relative" newcomers a free ride.
My own approach has — from day one — been to take and ask for whatever help I could get with the aim of getting past the infamous "dust threshold" with my votes (currently 250-ish SP)... and then pretty much socialize my way to anything more more than that. I'm blessed to have that process speeded up a little with a couple of delegations at the moment.
Part of my point here is also that I never got a memo that said "Steemit's easy!" It's not. Social media success is not easy. It all takes work and perseverance... even when things suck.
But getting back to helping newcomers and redfish... maybe the key is to help just enough to EMPOWER people to be able to figure stuff out on their own... just like school, we don't need (hopefully!) teach to still hold our hand when we're 23...
=^..^=
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Hi @abh12345, Like all your previous posts, this one too is valuable. There are some new stats for me specially some accounts that I had forgot that they were distributing STEEM through their upvotes. @fundition is such good example. As a freelancer, I've been writing professionally for my clients but when I joined Steemit, I wanted to do it on full time basis. I believe, I've been writing valuable content but I never wanted to buy upvotes hence I fell flat on the ground and that's what has been putting an hold on my blogging activities here at Steemit. There has been a contest by @fulltimegeek around #donaldmarshall tag and I was one of the 9 writers who got selected and it was a great experience. Such contests make the writers/bloggers alive and they work with far more motivation and eventually Steemit gets better quality content. I'm once again trying to catch up with a writing routine here and this time, I hope it does not stop and I speed up my journey towards dolphin level. I'm sure I need to do a lot of hardwork and I'm not frightened. Excellent reading with some very interesting stats. Shared with 1500 + followers.
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Thank you :)
Yes, the #donaldmarshall tag, curated by the Lord of the Steem is another valid option - I'm glad you found that 'community' as an area of support.
Thanks again for the support and RS!
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You're welcome Asher.
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Very interesting viewpoint....one I will have to consider.
We do focus a lot of attention upon helping the smaller accounts. That was part of the reason for the minnow uprising idea....let the smaller accounts show they are willing to support each other. What they lack in SP they make up for in sheer numbers.
So far, and we are only on day 2, it looks like the turnout is a bit lackluster.
Perhaps this view is a more sensible approach. Support those accounts who show the desire to grow their accounts by their actions. Many want the upvotes from larger accounts without the willingness to put in the time and effort.
My latest numbers run through June 30th did reveal a nice growth in both the Dolphin and Minnow categories. Planktons were down; inactives up.
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As much as minnow power is touted, the hard truth is that they can't support each other into 20000k SP accounts - that will take longer than anyone is willing to stick it out for.
I think we should be willing to support the ones who've shown they can 'do it themselves' to some extent, via the dapps for example.
As well as a smaller subset, It gives us more time to assess and see who's sticking around.
I think the numbers above echo your findings too, and think we need a dolphin uprising before a minnow uprising. Cheers!
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Some great food for thought there and certainly a common sense approach. This is something I've been thinking a lot about of late, especially with my upvote value plummeting. How can I help anyone else to grow if I don't grow myself? I have been wondering how best to find a balance that benefits the growth of my account, but still with some help going to the odd redfish account that seems committed to building themselves here.
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It's a common conundrum of the good egg 😊
Bluntly, follow the SP. Ned (Steemit head) has delegated millions to the projects above, it makes sense to help them help you.
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From my point of view as a curator within the Hispanic community, which is where people have less chance to invest in a good SP, I have noticed the growth of accounts thanks to the Dapp as @dlive, @dtube, and have maintained We motivate to continue on the network, and people from other networks have also been motivated to start in the blockchain.
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I think everyone should try to find content for at least one dapp. They are distributing the STEEM/SP, I just hope that those who obtain it plan to stick around. Thanks for your comments 😊
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If that is the recommendation that I make to users who live in the community of @votovzla, since we have almost 5000 users and we do not have a delegation to cover the needs of the community.
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Yes, a community that size is going to need a lot of SP to support it. Hopefully the best creators will find the way.
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It took most of us nearly 6 months before realizing this fact. Many individuals I started out with are community-oriented but awareness here brought on a wave of reality. Sadly, a couple have decided it’s simply not worth the time to pursue and left. Others are still chugging along.
We all respect you because you were the first to show our community any support. I know @simplymike has been mulling over this issue; we all have really. Unfortunately, some of those dapps that do show support are for video producers, like dtube and dlive. I believe some other non-dapps but community supporters like tribalsteemup and thealliance are exclusive membership groups where one has to apply for acceptance. Why do we have to be in high school all over again? I have seen deepdive support to others, sadly, I have no political or conspiracy theory interests. Lol, dilemma, dilemma. We will have to form a think tank and come up with a solution.
Appreciate the insight, as always.
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Deep dives girl!
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Lol, see what I mean Asher? Here is a winner of deepdives himself.
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Yes I know :)
Think of it as a research project - you don't actually need much knowledge prior to diving 😊
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Hi @beeyou
I feel partly to blame at times for touting the community orientated approach too much to the smaller accounts via my actions and posts, so hopefully this can address that somewhat.
It's a different game now than it was a year ago, but the dapps and the 'high school' setup are the current rules, and it's basically up to the individual if they want to partake for greater returns.
I used the @steemhunt example, because I think it's something everyone could contribute to, if they want to.
Thanks for your comments 😊
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You have been an exceptional role model to many of us and our community’s staunchest supporter. I am as much a realist as an idealist. The challenging part would be finding the time to venture out into the ‘great unknown’ 🙂. Perhaps I will try with busy first; everyone keeps saying to give them a try. Baby steps, and then Steemit world domination. ;)
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aww thank you @beeyou
I've tried my best because I saw a young community with a lot of good eggs :)
busy will give you a little push with each post - the size of the push depends on the SP of your followers.
Go go Steem world domination!
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My vote is worth about 60c, so I'm practically royalty! ;) I've been saying for a while that we need far more dolphins to spread the votes. One way to do this is with delegation. I think it's better to have 100 accounts with 10k sp than one with a million and that it's better to have more $5 posts and less $500 posts. It shouldn't be easy to get to dolphin status or Steemit will be overwhelmed with scammers. I'll keep doing what I can to boost good people.
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Have you attended both Steemfests @steevc? Already royalty 😊
Some larger accounts have delegated to make some person-accounts sit at around 250-400k sp, who you will see at the top of many 5000-15000k accounts content, but the numbers seem to show this is where we lack.
Preparedwombat linked his post in which he explains there can only be so many of each class due to a limit on VESTS in the future - we should be set if we can stay in the 1% club!
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I missed the first Steemfest. It was amazing enough at the second one that so many people knew who I was :)
I think my little delegations have helped a few minnows to grow a little quicker, but it's a long road to dophinhood.
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Same as me then, I wonder when 3 will be announced.
Could shortcut the journey by buying, but yes otherwise it's a good investment of time - hopefully enjoyable and well spent!
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By "looking down" you mean upvoting minnows instead of dolphins or whales? So by "looking up" we would earn more and climb up in SP/VP and could then start helping more minnows from a better place?
Just making sure I understand this. I wanna be a good egg :D
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You are already a good egg 😊
Yes that is what I mean regarding looking down. It's not that we need to start upvoting larger accounts (although some do appreciate and return!), it's more a case of looking up to the 'community' accounts and seeing what you can do there.
The ideal situation is being supported from one or more of these and being able to pay that forward as you grow.
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Best compliment ever! 😆
And the community accounts you mean are these right:
That’s a good idea... will check if I already follow them..
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Yes those are most, but not all - @dlive, and I suppose @curie should be included.
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As always Asher, you have quite the way with statistics. @beeyou’s comment expresses my thoughts exactly... because it has taken me this long of trying to support everything I can (with some idealistic tendencies) to realize I can’t help anyone or make an impact on this platform without first growing my own account. It’s sort of a frustrating, disheartening and enlightening realization. I’m currently deciding what my future looks like and how to get there, your posts always seem to give me hope for the platform... thanks for that 🙏
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Thank you for the kind comments and support @llfarms 😊
I'm glad the post didn't come off as negative, and that you could gain some insight - and from @beeyou's comment also.
I hope you take a look at the dapps as a possible source of additional support.
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I was not expecting to see that many 100k accounts. Kind of sad that all it takes to be a 1% here. So many seem to power down every cent they earn even when they are getting decent rewards and could really gown there account. You would think people would want leave at least something from there earning to slowly build things up.
While I’ve been tempted to try steemhunt most times I’ve seen a game review using it they are just screenshots off the internet, generic body of text with some key words that looked to be fished out of the description of the game. Leaves me rather disappointed. Even more so since I think only the first review that gets approved get an upvote. Why would I even bother write a full review like I do on occasion when that’s there bar.
Makes me question if they even own or ever played the game. Even more so when its so generic they show no signs they even know what the game is about. Perhaps I've miss understood what that dapp is about. I don't even want read about it after seeing what people are "producing" for it.
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Yes, I would think the same. I tend to check the accounts of who I vote for now to make sure all the takings are not leaving.
This is where playing the game or not is the choice you have. Producing this content might not please you fully, but if the boot fits...
Also, they may have more than one bar (upvote value) for quality of submission? I haven't explored them fully yet either.
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I've seen posts get a message left saying they where top what ever of the hunt for the day. I have no clue if that affects the upvote or not as I did not want look into it further.
A couple of people have recommend I get in on it. I'm sure sooner or later I'll look into it further. I've also seen longer ones not get an upvote at. So questions come into mind how much of a cut are they getting from people using there platform as well.
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I think the best hunts get the biggest votes, and their cut is 10/15%. Don't quote me though, their early blogs will contain the details.
Also you can visit the discord, it seemed quite active when I visited.
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I've been following all of this including @simplymike and @wolfhart's contribution, taskmaster's minnow uprising proposal and now your post and all of the comments well. I first have to say that you should never feel bad for your "direction" to be community minded; it's what makes us and a lot of others here good eggs :)
But I think you are right and that there is a middle ground where we should help those below us, but not move sight of our own growth, because without it, the only way we are able to help it would be through "advice" only. I have always been and will continue to be helpful for others here, but it can't be my sole goal, and there is nothing selfish about wanting to grow my own account either.
The one thing that I would love to see more of is delegation to others. If it wasn't for yours to me (as well as several others) I would not be in a position to help so many in upvoting alone. It may not seem like a big deal, but it is, because all of the delegations also help me grow quicker...I think. I'm with @beeyou as well; I don't want to have to apply to gain memberships to groups that may be helpful too.
And by the way, your post was not negative. As usual, it was clear (even the stats bit haha), practical and helpful.
Perhaps this entire platform has changed that we can't expect the type of growth that was so readily available a couple years ago? I'm not being defeatist either, and I'm certainly not quitting, but just practical and realistic. I am curious about a "think tank" though.
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Hi Lynn :)
The clear change from 2 years ago is 20000 accounts to over 1 million accounts. With a much smaller community, and whales with no other option (no delegations) but to curate either themselves (for which they were reprimanded by other whales) or others, it was only natural that content curators were seen and grew quickly.
Now we have 50x as many accounts, delegation options to bots/projects, hardly any 'good whales' managing the reward pool against chronic self-voting, earning STEEM is much harder.
Sadly, in a month or two, I think I will need to reduce my delegations as the account I delegate 4000 SP from (which is about what I gift) will no longer be able to do this. As I'm not self-voting, I think that owning most of my SP to vote others is actually better for the accounts I vote on, than me giving it to them to vote for me/others.
Thanks for the positive comments :)
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I have read the post and as always find them to be helpful in many ways. The stats provided are eye opening and provide information that for the most part are unattainable for most.
I do agree with @lynncoyle1 in the fact that a delegation received has a large impact on the platform and to the smaller accounts that receive them. Like everything else there are drawbacks. For both the delegator and the one who receives delegation.
I know some of the question but the answers still elude me.
The think tank is a great idea and hopefully we can get it going. The benefits outweigh any possible downside
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They are a little concerning when you think about the community as a whole, and that's why I think that prioritising your own account is the way to go.
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I totally agree agree with the concept you are stating. Knowing it and putting it into action are two different things. I am starting to get it in my head but the how still is where my problem is.
Trial and error finding what works best is what I have been doing.
If you find some answers let me know LOL and I'll do the same
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Mixing comments and votes across a wide range of accounts could be an option?
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@abh12345 that makes perfect sense! And I'm sorry about the delegation, but I understand completely 😂
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I've not checked up on my delegates recently, but hope that most are well on their way to 500 SP 😁
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I just checked and see that I'm only at 344, so I guess that means I need to post more myself. This one has been an off week so far but normally I do about 3-4/week. No need to comment back on this Asher; it just took me 5 minutes to find your comment haha
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Growing my own investment has been a focus lately. As much as I want to help others (and I am), the best way to do that is to get my account to a place where my vote gets bigger. Great post!
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Exactly, I'm glad to hear it, and thank you 😁
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I have to agree with you on this look forward and not back for now ,as you will be more help when you are stronger.
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That's the one! 😁
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These are really the awesome analysis I like to read!
Perhaps you can also have a look at Taskmaster saying the whales are losing power. Where I (and many with me) think they only lose power because they are powering down.
So the question is if and how much did the whales power down per month?
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Cheers 😊
I don't have the last answer at hand, but suspect the whales that are losing power are powering down. I don't think this is a big deal, and as preparedwombat mentions in his post linked above, this would mean that these VESTS could well be shared amongst more/other accounts in future.
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Spot on analysis as usual. It's awesome to see the facts backed by figures. I'm happy with the communities that are "reputation blind." They help make the steemit experience more wholesome.
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Yes as I mentioned above, I think these communities are sharing the STEEM out the most at present.
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It is crazy to think that I am a 1 percenter. I have made some progress but I look forward to more growth. I appreciated your comment about continuing to focus on growing my account. I am pouring into others but at the neglect of reaching up to people who have more influence than myself.
I am also thinking about the term "power community" that you used. Interesting thought!
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Yeah, same here. 99.something are sitting below - I had just 15 sp 14 months ago, but the dapps have really helped (along with some kind support which I'm very lucky to have received).
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Well this is an awesome analysis and well detailed discussion.... I think some how the topic is what should be regarded without considering the SP of a person... The whales should be upvoting the content and they should use their vote 1% to 100% as a rating system.... This will improve the quality of content on steemit and with quality the steem will automatically grow bigger... The thing is make steemit such useful and powerful platform that people searching various things on google must find steemit in every kind of search having some extraordinary content...
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The person-whales could be investors and I don't think it's a case of should, but it would benefit them curation-wise. The dapp-whales are different and are there to support contributions.
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Cool infos. I'd love to add a K to my name soon as well. Maybe in the next 20 years :|
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20? Much less!
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I just made a post the other day how i have to focus on growing my sp thru a group and can't keep giving my 10 cent vote to small accounts i like just because i want to support great content, those people do end up leaving and my upvote just got cashed out. I have to try to upvote people who are in for the long run.
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Great, it's certainly worth looking at how accounts 'use' your upvotes. Good luck!
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Fantastic points and as always I like your long range community view. As you know, we have focused on the big community votes and are happy to grow our account looking toward the long view and Also supporting others! Great to hear some stats on it!! Dolphinward!!
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Thanks @mountianjewel, apologies for the slow response time here!
Well done to you guys for recognising where to place your content to aid in growing your account - vlog's are a great way for you to share your lifestyle and I'm really glad they are providing you with income to support this.
Dolphinward! :D
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Thanks Asher ☺️
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1st one is the best one!!
its too good!!
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Great post
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You got a 27.66% upvote from @ocdb courtesy of @abh12345!
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hello @abh12345
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Hello there!
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Excellent article. She is like a guiding star for new accounts, or those who view STEEM as a long-term asset and are engaged in building up SP.
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Steemit is a great platform
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The search icon is a very important information that you have published
Thank you for the wonderful work you do for us
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Thank you, my pleasure :)
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