Life is good if you're a whale.
Your vote is sought after by many members and you can happily make a living upvoting your own posts and comments without a care in the world.
Actually this is true for anyone who is fortunate enough to own a few thousand STEEMs which have been powered up. You're the top of the tree and feeling good.
BUT...
If you're a minnow with little voting power, is it realistic to expect your interest in STEEMIT will endure over countless months of barely scraping together a few cents in payouts despite putting in a LOT of effort into uploading posts and curation of comments?
If we want the user base of STEEMIT to increase, we have to present them with a compelling argument to put in the effort and continue their valued contribution. Otherwise they will eventually see it as a pointless chore, give up and not return.
Here's a couple of ideas:
You can't upvote your own work (comments or blogs)
Any upvotes you give on the work of other members should be inversely proportional to the STEEM POWER/STEEM held in that members account. This means whales will get less and minnows will get a lot more than they do now.
But what will be the motivation in holding STEEM POWER if you can't benefit from it yourself? The benefit is that you're making STEEMIT a lot more compelling for more people to join and this will have a direct bearing on its popularity and hopefully the value of the STEEM you have in your wallet.
Your investment should go up thanks to your increased motivation and incentivisation for newer members.
What do you think?
I am new to Steemit but i dont have problems that people are upvoting own comments. In fakt if they put in a lot of money they should also be able to profit more. maybe the developers should just do some little limitation how often you can vote for own comments or post. another idea would be something like that the regeneration will be slower each time you vote just for own stuff.
I talked with my brother about this. I upvote myself in order to get a bigger share of the pie, but I also do a lot of upvoting of others. If they tried to limit self voting, it wouldn't work because you could just create 2 accounts and split your steem power, always voting for the other. That would also encourage people to make fake accounts which is one of the biggest things they DON'T want.
Absolutely understanding where you are coming from. It took me about 2 weeks to nearly get 200 followers. And comparing wallets you are way ahead of me.
I always think that people who got here a year ago was very lucky...
But it is what it is and I put my heart ... soul... and lungs into steemit to gain the little ground I have gained. And I am determined to become a whale.
But is it possible from scratch? I hope someone can answer that....
Another question is this..... do whales have a tendency to only upvote other whales?
6 hours ago I managed to write an article that got 40+ upvotes before using @minnowsupport and it's only worth $4.31. I did the research and used the tags from a post on a similar topic.... I even felt I wrote with more details and features....
Not spamming..... but this one
https://steemit.com/steemit/@yoda1917/mark-zuckerberg-just-filled-his-nappy-facebook-s-dirty-tactics-against-steemit
But I still love his platform....
Does anyone have real answers to my 2 questions?
The difference between us (minnows) and whales is often that they invest a lot of money in addition to time. It makes sense that they want to see dividends on their investment.
If it was just a site with a couple of hundred whales, it wouldn't be much of an investment.
The minnows make the site through hundreds and thousands of contributions per day in the form of posts and comments which in turn contributes to a greater web presence with an increased ranking.
It's not fair for the ones who were lucky enough to get in first to be the only ones to profit from the majority of users who are actually pushing the site forward.
And anyway ...the whales WILL profit from the increased value of their STEEM wallet.
Thanks man perfect words to start the day i need to improve my steem power
I think you make some good points here. The reality is that it's going to take a certain amount of trial and error before the perfect balance is struck
Hope this post should reach to more self voting whales as possible.
This is something adding value to their wallets indirectly rather upvoting their own posts and comments.
Loved it @g-no
To be honest, I think that when you are focused so much on what you get out of Steemit, you won't be successful here. Only when you focus on what value you can provide the Steemit community will you start to be successful. The rewards should be an after thought. Each blog you should be proud of, regardless of how much you make. It takes time, effort and skill. I strongly advise focusing on what you can uniquely offer this community and you will start seeing your value go up. You picked up a follower to help you on your way.
It's human nature to be receptive to parity and recognition of effort.
Success isn't human nature.
it should be in all whales interests to support minnows as much as they can, since the growth of steemit also means a growth in their stake as a whale. the bigger their stake, the more they stand to gain. if users leave the platform, and all that remains are the whales, their big chunks of power would mean nothing anyway.
of course, you could also argue that they had the foresight to invest early, etc. it's definitely not wrong for them to upvote themselves only, but the question is - is it the best course of action for them/steemit?
I think those are good ideas. I've done a lot of research into this and just want to point out that most of the whales have just recently become "rich" as compared to those joining in the last 3 months.
I wrote a post this morning about my inquisitions.
Also, check out steemwhales.com to get an idea of how fast (long I mean) it took most of the whales to get where they are.