A Brief History of Randowhale - How it made 70k+SBD in 55 days.

holoz0r (71) in steemit • 7 years ago

According to Steemd.com, @randowhale came into existence on the 8th of June, 2017. This post constitutes a brief, and entire history of @randowhale usage by the Steemit Community since it entered the oceans.

_{Image Source}

I made a post yesterday about how @randowhale was being used by the community, and offered some musings about how I'd like to see it used. That's the data I will be opening with. Please find below, fifty users on Steemit that have used their own SBD to upvote the content of others using @randowhale

User	Other-Votes	SBD Spent
@gringalicious	124	231
@danlupi	90	176
@kennyskitchen	64	126
@buzzbeergeek	64	121
@overkillcoin	57	96
@thecryptofiend	56	112
@theywillkillyou	52	101
@cryplectibles	50	97
@noboxes	48	48
@yunkzilla	42	76
@alexvan	40	45
@harrydenture	37	74
@alienposts	37	74
@d-pend	34	58
@getvotes	32	64
@razvanelulmarin	28	56
@selfsteemit	27	54
@lichtblick	27	51
@karenmckersie	27	29
@kmyang62	27	50
@acidyo	27	49.337
@ausbitbank	27	54
@world5list	26	49
@livingwaters	26	41
@gmuxx	26	51
@hastla	26	50
@soldrakon	24	48
@michaelstobiersk	24	42
@graviton	24	45
@cipriang	24	24
@btcvenom	24	30
@torem-di-torem	23	44
@sykochica	23	41
@querdenken	23	46
@allasyummyfood	23	46
@ezblog	22	27
@infokrieg	22	44
@decentralizd	22	44
@steemitadventure	21	40
@onealfa	21	35
@diggerdugg	21	36.29
@customnature	21	38
@blueorgy	21	42
@britt.the.ish	21	40
@sighmanjestah	20	40
@saywha	20	33
@rigaronib	20	40
@gyanibilli	20	40
@doitvoluntarily	20	39
@clayboyn	20	40

Top 50 - Self-Voting Using Randowhale

User	Votes	SBD
warn-a-brutha	542	582
sikklel	311	353
mxzn	288	475
digital-gypsy	284	406
healtylife	248	496
healthyrecipe	248	440
sepracore	246	288
inkedandsexy	245	381
gwapology	238	341
sandrino	232	352
sunnypictures	229	234
andyluy	219	403
codebreaker	207	386
anton-kostroma	204	313
ura-soul	201	361
vegansilverstack	192	343
harrydenture	168	332.001
allmonitors	157	278
ehujra	153	157
brumest	152	259
bhightech	146	171.2
raja	143	225
leejin-33	140	280
ericwoelk	139	278
unhorsepower777	138	243
hotandrandom	130	260
kalemandra	127	216
tinashe	125	226.001
musclenerd	125	161
allasyummyfood	120	240
brothermic	115	225
yehey	111	222
kaylinart	110	206
rkrijgsman	107	125
jwolf	107	144
finkavenue	106	212
lily-da-vine	102	204
cryptopassion	101	101
thedanzel	101	186
jimjam1210	100	200
carry0n	100	200
wvm	98	187
inoue	96	143
danlupi	93	180
verbal-d	93	180
hitmeasap	92	182
hot-girls	91	151
olegw	89	141
hiroyamagishi	89	133
penguinpablo	88	156

In Summary, since the birth of @randowhale:

44896 Votes have been requested
88.71% Have been Self Votes
11.29% have been votes for other people's content.

According to the data, $77,423SBD has been transferred to @randowhale in exchange for votes, in 55 days of operation. That's an enormous sum of money. At current SBD to USD Exchange rates, that's $75,322USD. In Australian money, that's $94,566.23.

I have a question, that I'm not sure how to answer: Where would the reward pool be distributed if it wasn't for randowhale?

steemit randowhale abuse yunk upvote

7 years ago by holoz0r (71)

$41.25

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Trending

[-]

suesa (72) · 7 years ago

That's extreme.. People complain about self-voting, but Randowhale is generally accepted. The steemit paradox.

$4.10

4 votes

[-]

mtgmisfit (48) · 7 years ago

Honestly, when the anti-self-voting fiasco was going down, this was one of my pet peeves...people would randowhale upvote their own posts (and even comments, in some cases) about the evils of self-upvoting. I'm pretty mellow when it comes to allocating your VP, but the hypocrisy was just too much at times.

$0.06

1 vote

[-]

suesa (72) · 7 years ago

"I don't self-vote, but Randowhale is fine" is sadly something many people seem to think. People are weird.

$3.98

1 vote

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bearbear613 (67) · 7 years ago

it was more people making a comment on your post, NOT upvoting you, and upvoting themselves that irked me.

$0.21

3 votes

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pathforger (56) · 7 years ago

That is either because they were too infatuated with their own voices - or they believed in the profitability of up-voting their own comments since they ran out of their own posts to self-up-vote.

I do believe that as services such as randowhale see their voting power decline to critical levels due to saturation, we will see the rise of randowhale satellites (with their own voting power pools and a LOT of delegated Steem Power.

And that seems to be one way to game the system... as diminishing voting power is one of the only mechanisms by which the pool is not "raped", correct?

$0.00

[-]

holoz0r (71) · 7 years ago

Yep. I am thinking of examining booster next to see what we can find there.

$0.00

[-]

emble (50) · 7 years ago

I agree, and I think it's because everybody needs a boost to get more exposure for their posts.

$0.00

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suesa (72) · 7 years ago

People are lazy, it's possible to work for your exposure. Join chatrooms. Befriend people. Be active in the community. Write content people want to read.

With work there comes success, but people want the shortcut.

$4.19

1 vote

[-]

amberyooper (69) · 7 years ago

All that work doesn't always pay off, especially for the small minnows. Curation is difficult now, there's so many posts every day, and only so much voting power available. A lot of people are holding onto their votes now to preserve their voting power, so it's not getting spread around.

$0.00

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shadowspub (70) · 7 years ago

the person behind @randowhale did a lot of upvoting members on Steemit prior to creating the @randowhale account.

The main difference between what was done before and what is done now is that before, if you got the person's notice you may have got on his upvote bot. Once that happened, you got a pretty regular upvote.

Now, anyone who wants to spend an SBD can get an upvote from that person. So, while he's getting a direct income from the vote requests, he's also spreading the upvotes a lot wider.

Seems to me it is a win win for all involved.

$3.06

5 votes

[-]

emble (50) · 7 years ago

I don't see a difference between @randowhale and self-upvoting. Instead of getting paid by upvoting himself he gets paid by upvoting others, plus the benefits are not big and sometimes at a loss. The only benefit is that you get more exposure. You will see he will flag me down for this.

$0.00

[-]

randowhale (67) · 7 years ago

Great stats, thank you for the post. Obviously @randowhale would prefer to see users using the service to help reward others, however, this would be near impossible to police even if users were not able to submit their own posts (they'd just use multiple accounts or an exchange).

Please also keep in mind that to be able to run a service like this, it requires a very large amount of SP to be basically tied up that could be used elsewhere.

Thanks again, @randowhale

$1.70

7 votes

[-]

dwinblood (73) · 7 years ago

Obviously @randowhale would prefer to see users using the service to help reward others, however, this would be near impossible to police even if users were not able to submit their own posts (they'd just use multiple accounts or an exchange).

Yep. The same reason you can't stop people from voting on their own posts. If you made it so they couldn't submit from their own account and you refunded the money for example it might stop most of them, but then enough of them would likely just create another account, or create a group of friends that do the voting for each other.

Not much you can do about that.

I view @randowhale as like buying a lottery ticket. You've balanced it out that it doesn't pay out a lot more than I think you pay (correct me if I am wrong) but it still provides a way you could boost and pay for an extra vote for a post you like. Most people just seem more interested in buying the ticket for themselves.

So be it. That is NOT your fault. It is a pretty cool boost to buy for someone else until maybe they implement a way to tip people in the future. Though if there was a sleight chance you could get a big vote out of it significantly more than you paid in the fee that would be closer to an actual lottery ticket. Have you considered doing that?

$0.00

[-]

randowhale (67) · 7 years ago (edited)

Yes, changes are coming.

Edit: @holoz0r I see you've used @randowhale in the past to vote up your posts. Do you still use the service to vote up others?

$0.09

1 vote

[-]

dwinblood (73) · 7 years ago

Hopefully @holoz0r notices it. Since you replied to me. He probably will.

$0.00

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holoz0r (71) · 7 years ago

Yes, I've used it on my own posts in the past, and also on the posts if others. My future use of the service will be for exceptional posts by others in the community where I believe my vote isnt enough!

$0.09

1 vote

[-]

dwinblood (73) · 7 years ago

I would not recommend using it. I've been digging more, they gave me lots of good data when they bot flagged me with close to 100 accounts all at the same time on my post that was related to this one. I've been mining that for data. Quite the tangled web.

If you use Randowhale though the question "How much can I buy your soul for?" comes to mind. :)

I'll explain in the future... I got way more data from that attack than I was expecting.

$0.00

[-]

berniesanders (77) · 7 years ago (edited)

As you can see by the use, your opinion has had 0 effect. I can't wait to see what you come up with, detective! That's the beauty of Steem!

$0.05

1 vote

[-]

dwinblood (73) · 7 years ago

I agree that is the beauty of steem. Transparency.

$0.00

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dwinblood (73) · 7 years ago

Keep an eye on my post it is inch worming up... from -16 it is now at -5. You'll want to sic some more of your bots on it then. :) I don't know if you have anymore of those badger bots left that didn't join in. :) You could always use some of the ngc bots though... I know you have plenty more. :)

$0.00

Show 1 more reply

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dwinblood (73) · 7 years ago

Also I have no way of knowing if any of my opinions had any influence that led to

Though as you once told me it is easy to make a high reputation account. Randowhale might actually make it If people of higher rep than it up vote it.

You do prove that reputation doesn't stop people from doing what they want.

$0.00

[-]

littlenewthings (67) · 7 years ago

I guess this is a good start for minnows like us who are trying to get by when their influence is not big. I admit I am using your service @randowhale to help some of my posts because my exposure is not huge. Sometimes I try not to use your service unless it is necessary to see how far my contents can go as it is, but I guess because I don't have a very large amount of followers I tend to build my contacts slowly and steadily, hoping one day my SP will be independent enough to the point I can help others to achieve what they cannot initially through your service.
Thank you for creating that, and I truly hope people can slowly see that this is a stepping stone to build a strong influence instead of abusing your service.

$0.00

[-]

cryptogee (75) · 7 years ago

Really good stats, I have used @randowhale to upvote myself and others, I decided to focus more on others; however I was really disappointed with the tiny amounts. I didn't consider it worth it giving someone a vote worth about a buck at the time of voting, seeing as dilution means it will only be worth a few cents by payout.

If it was a better ratio I'd use it more often.

$0.00

[-]

koolpick (38) · 7 years ago (edited)

I congratulate the top 50 that use @randowhale for the greater good. And I also don't think that it's not a big deal for people to self-promote as it is already hard enough for the little fish in a big pond to get known. Thank you for your post and have a blessed day.

$0.30

1 vote

[-]

holoz0r (71) · 7 years ago

There is the promote button; but its 'easier' to use randowhale, because you get that money 'back' via a vote instead of it going into the promote void.

I feel like that functionality is broken.

$0.00

1 vote

[-]

intothewild (63) · 7 years ago

I have no qualms if people want to use randowhale, or booster, or whatever comes up next, because Steemit is a free market and people can choose what they want to do with their own funds. However, I would like more people to understand how the promoted section works because it is more of a benefit to the Steemit eco system. In that it 'burns' SBD, which in turn lowers the amount of SBD in circulation, therefore raising the price and lowering inflation. randowhale has made a killing in SBD while using his high SP to reward people from the pool, which doesn't hurt him at all. Smart business move on his part.

$0.08

2 votes

[-]

soonidrift (49) · 7 years ago (edited)

Promote your post does nothing but burn your steem. You get nothing in return. I was wanting to get a photo contest i was doing in the eyes of alot of people. I was giving away my own steem and used 50 sbd to promote the post to the top. I got not a single vote or comment from it. All it does is burn your steem so whales steem are worth more. Its broke and a giant waste to those trying to be seen and noticed

$0.00

[-]

intothewild (63) · 7 years ago

Sounds to me like you're taking your ONE experience with it, and taking that experience as the end all be all of experiences. I (and many others, for a fact) have put in x amount of SBD to promote a post and it was of value at the end of the day. I don't know what your post was about, but I feel like you're saying "One time, I took a shit in the yard and posted a pic of it to Steemit, paid 50 SBD to promote it and no one liked it! The system is broken!" Clearly the market didn't value your content as highly as you did.

$0.00

[-]

soonidrift (49) · 7 years ago

I am one of the best photographers on steemit i doubt my post is shit. But i am sure your always right though.

$0.00

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intothewild (63) · 7 years ago

I don't doubt your skills man. I don't think I'm always right, but in this specific case I do. The promote tab is a lot like starting a business. You have to take the risk of investment before you know if it's going to pay off or not, capitalism at its finest. In this case, you valued your content at X amount of SBD and the market didn't reciprocate. If it had done well, I am sure you would have gave it a rousing endorsement and would have used it again in the future. I apologize if my prior response came off harsh. That'll happen late night after a few old fashioned's :) Steem on bro.

$0.00

[-]

droucil (62) · 7 years ago (edited)

If only @promoted had as much SP as randowhale..

$0.00

[-]

cryptohustlin (65) · 7 years ago

Randowhale is cool, but id really like to see an initiative supporting authors with great content instead of trash.

$0.20

4 votes

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dksart (63) · 7 years ago

Thanks for the info, how much steem power did randowhale have when the account was created?

$0.08

1 vote

[-]

holoz0r (71) · 7 years ago

It doesn't show the delegated Steem Power, but the SP is growing as the bot gets curation rewards from the posts that it is upvtoing.

You can see this here: https://steemwhales.com/randowhale?weekly

$0.00

[-]

dksart (63) · 7 years ago

Thanks, I am still a newbie to steemit, so I was just curious how much his upvotes were worth when he started selling upvotes... If I am understanding correctly it would be worthless for people to send him sbd to pay for upvotes if his upvotes were only worth 0.01 at the start...?

$0.00

[-]

holoz0r (71) · 7 years ago

There was Steem power delegated to randowhale from various sources (I guess, which is how the initial upvotes were significant for early users of the service)

$0.00

[-]

emble (50) · 7 years ago

He owns a lot of accounts and a lot of SP, since he was an early adopter and mined a lot. He didn't spend a lot of money to buy them at an exchange.

$0.00

[-]

emble (50) · 7 years ago

You didn't count the curation rewards. Basically @randowhale took back quite a lot from every post he upvoted.

$0.00

[-]

akinsource (44) · 7 years ago

Interesting question: but it doesnt seem clear!

$0.08

1 vote

[-]

holoz0r (71) · 7 years ago

My opinion is it will go to better content than people upvoting their own comments.

$0.00

2 votes

[-]

atopy (59) · 7 years ago (edited)

Yes! I think the people would put that bit of extra time and energy into their posts since there content would be judged soly be the people. Can't say im shocked to see a few yunk people listed under "voting for the content of others". Even I was buffed a few times. If you have the time later on would u explain this a bit further to me? Run me through it? Id like to return the fav eventually but lack even the basic knowledge or just point me into the right direction/post. TY!

$0.04

1 vote

[-]

immetal6669 (52) · 7 years ago

@randowhale did take a lot of steem to start with. Also makes good payouts on it's posts. People obviously love it though

$0.05

1 vote

[-]

blueorgy (67) · 7 years ago

Hi @holoz0r, I see you have mentioned me.
This is automatic bot response so that I may respond to your mention later.
Learn more about this bot...

$0.03

1 vote

[-]

clevercreator (57) · 7 years ago

Can I just totally point out that 20K of that and I could permanently be paying folks in steem -- sooner, rather than later...

face palm

$0.00

1 vote

[-]

travelman (60) · 7 years ago

Something about Randowhale doesn't sit well in my stomach. I know it's acceptable, and fine to promote yourself, but it takes more of the charm out of steemit for me. I'm not even sure how that promote button works. I figure if people like my stories, I'll eventually grow into a whale. Maybe I'm old fashioned (which seems ridiculous to type in a comment section of a social network platform based on blockchain, lol).

$0.00

2 votes

[-]

ajdohmen (55) · 7 years ago

Have you read the FAQs recently? There is finally something there that explains why the value of a post drops so drastically sometimes. Yes, it is votes going to other voters. I guess the answer to your question is that the rewards would go to other people, and the value of their posts would drop less.
Why do the earnings for my post go up or down?
The amount that is shown next to a post is a "Potential Payout". This is an estimated value of how much money the post will make based on the votes that have occurred so far. Depending on various factors, this value can go up or down until the payout window closes:

If a post receives more upvotes, the potential payout of the post can go up.
If a post receives more downvotes, the potential payout of the post can go down.
If other posts receive more upvotes, the potential payout of the post can go down.
If other posts receive more downvotes, the potential payout of the post can go up.
If upvotes are removed from a post, the potential payout of the post can go down.
If downvotes are removed from a post, the potential payout of the post can go up.
If the price of STEEM goes up, the potential payout of all posts can go up.
If the price of STEEM goes down, the potential payout of all posts can go down.

$0.00

[-]

krazykrista (65) · 7 years ago (edited)

Loving these posts with all the data included. A+ yet again @holoz0r

$0.00

[-]

spaingaroo (53) · 7 years ago

I am still lost with these things, but one thing I did notice is that I know heaps of the people on the first list (or have heard of them , seen their names or interacted with them directly, whereas I know not one of the names on the second list.

Must mean something!

In fact I think @diggerdug used this this very morning to boost one of my posts, and made a new friend, that's for sure

$0.00

[-]

donnaincancun (55) · 7 years ago

I still dont understand how @randowhale became a whale so quickly. Did they put loads of money into an account to start with or just gain momentum overtime from the 2SBD donations?

$0.00

[-]

holoz0r (71) · 7 years ago

There was SP 'delegated' to randowhale by other users. Kind of like letting someone borrow your car.

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donnaincancun (55) · 7 years ago

Ah that makes sense! Thanks

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dwinblood (73) · 7 years ago

Randowhale was created by a whale who has been a whale since the beginning. Just delegates and spreads his power around. He is actually powerful enough Randowhale could be quite a bit bigger than it is if he chose.

$0.00

[-]

emble (50) · 7 years ago

It's all one person that owns a lot of accounts and mined a lot of steem before mining was discontinued.

$0.00

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overkillcoin (69) · 7 years ago

Wow! I didn't ever plan on being on a publicized list, good thing I was behaving myself this time XD

For the record, I've used randoWhale plenty to upvote myself, but 1) I'm taking a break and trying to build SP so I can give better upvotes and 2) I used some of the self-voting profits to be a blessing to others :D

Randowhaling others is a great option for when my voting powers are burned out, though.

$0.00

[-]

clumsysilverdad (64) · 7 years ago

cool, did my first rando today & hit 4.1%... I just must be lucky (-:

$0.00

[-]

rebatesteem (61) · 7 years ago

It's very interesting Thank you for sharing

$0.00

A Brief History of Randowhale - How it made 70k+SBD in 55 days.steemCreated with Sketch.

Top 50 - Voting for the content of others with Randowhale

Top 50 - Self-Voting Using Randowhale

In Summary, since the birth of @randowhale:

44896 Votes have been requested 88.71% Have been Self Votes 11.29% have been votes for other people's content.

I have a question, that I'm not sure how to answer: Where would the reward pool be distributed if it wasn't for randowhale?

A Brief History of Randowhale - How it made 70k+SBD in 55 days.

44896 Votes have been requested
88.71% Have been Self Votes
11.29% have been votes for other people's content.