Pfunk's blog is an example of collusive whales.
The top of his blog right now is a simple band review. Hardly worth 200$. If Steemit is to succeed whales will have to stop sucking thier own d's by pretending some few photos and a little text is worth 200$ because they are "heavily invested in the platform"
@dantheman @ned
Flagged as trolling.
It seems that everyone tries to get attention by complaining about others works and they not understanding the real value of the work!
fuck you
Flagged as trolling
Be polite dude!
fuck off cuck
Flagged as trolling
Hahaha :)) you are just a sad person @matrixdweller! You think those words mean something?
Hm.. well, I found his photography pretty good.
So, how much of his reward is due to whales upvoting, and how much due to having over 1250 followers, thus the kind of exposure that gave that blog 292 views, and over 400 upvotes?
In almost all cases given the current stake distribution most of the reward is from whale votes, but that does not mean that having 1250 followers or posting good photography doesn't matter.
So is this a flaw in the system? Is Steemit sustainable long-term, without a more equalizing power and reward distribution? I assume the goal is for Steemit to grow and grow. For that goal to succeed I would imagine that there needs to be a way for the distribution of rewards to be more accessible for quality posts from people unseen by the whales.
Opinions differ.
I see that. and time will tell, and I'm sure those most passionate about the long-term growth and sustainability of Steemit will make changes as they become clearly needed.
which 400 votes is much more important than you think, Some posts get 300 upvotes and make under 10$ .... I dont care how hi def of a camera he owns aint worth 200$ for a blog of 9 photos.
Gotcha, ok. Well, if that's the case - if 400 votes of the minnows and dolphins don't add up to much, compared to a few whale votes, then I'd agree with you.
The whales that refrain from automatically upvoting other whales are definitely supporting Steemit as a community, and displaying good integrity and Steemit spirit!
Of course, ultimately it's a problem in the way Steemit finances are structured. Anyone should be able to upvote anyone, without it greatly affecting the bloggers who are low on the totem pole.
Papa-pepper has 72 reputation and over 1100 followers.
almost 300 votes on this post, and only $4 profit.
Proof of followers:
Pfunk is definitely getting his wang worked on by other whales, and this is on a consistent basis, just go look at the upvotes on his posts, notice a trend in the top names? I don't know if there is, but I can almost bet there is the same people upvoting pfunk's posts.
I do pretty good myself, and I love steemit, but, I mean, honestly, I don't care, just pointing out that the power houses of this platform plan on keeping themselves in power.
EDIT: I was curious so I went and looked and I was right almost every post with a payout of over $200 is upvoted by the same whales, and these same whales, are the same whales that downvote A LOT OF MINNOWS posts for unknown reasons.
Yes and for exposing the truth on this post another whale with 2 million SP named @smooth flags me. Steemit is doomed unless we neuter these clowns
I'm new, So what you guys are suggesting is that by having so much steam, and up voting they have way more influence and can lift certain accounts? for example this Pfunk account?
let's burn @pfunk :D LOL
of all the people I would have guessed would go on the witch hunt next, @pfunk would have never made the list. But again what do I know. It seems it's a dice roll at this point.
@pfunk has a blog ?
It's not really a blog. It's more of a hole that some whales throw the rest of our rewards into.
yep and he adds people to the flag bot cheeta for telling people the steem price on relevant posts. so fuck pfunk
Flagged as trolling
Im downvoting this because its idiotic
this post is absurd. I think you have a great point about some bad content being overvalued, but if you hired a team of scientists to come up with the worst possible example to make your case, they probably would have come up with this one.
And this is coming from someone who got cheetah/steemcleaners sicced on him for talking about content quality problems and sock puppetry
On the contrary this should be on trending. It shows exactly what is bad about witch hunting.
Now instead of resolving your issues with a fella steemian, you just level some baseless collusion charges on them.
way to go.
I'm getting so tired of all the drama
What should whales be upvoting instead?
boobs, ldo
The whales arent the problem its the system. Dont hate the playa hate the game.
lol no it is the whales
Why did cheetah flag your comment? And how is the system not the problem? Even if steem takes off in popularity nothing stops future whales from continuing this strategy. The problem is 100% the system period.
pfunk is a str8 up douchebag thats why
Photography is also known as an art. Maybe you don't understand it, but is more difficult than you think!
wow. Many people spend hours on writing good content only to get $1. I understand the reputation factor but this part of steemit is a bit unbalanced. I hope I would say the same thing if I was the one raking in the $$$$$..lol
Well from what I can tell the only way for whales to keep up with the inflation is to get money from posts as much as they can as well as upvoting their other whale accounts. If the smaller accounts get rewards the whales lose value simple as that. Dog eat dog system we have here.
If they are short sighted then yes. But in reality a coin that is hoarded by the few is not as valuable as a coin that is distributed between many.
Not if steem is a ponzy scheme which Im pretty sure it technically is. If the whales get the majority of the inflation newer investors are guaranteed to lose money while the whales profit.
A ponzi scheme is a scam because it promises high rates of return with little risk to investors. Every investor of steem or bitcoin should know that there is risk involved. However, unlike a ponzi scheme steem is not just worth "speculative future value", it also has USE value, in that it can be transferred across the world without the need for a bank and it also serves use value as influence on a social media platform. The only reason it looks like a ponzi scheme is because new investors can increase the demand which increases the price and there's always the chance somebody will cut and run with whatever profits they made since their investment. That doesn't make it a ponzi scheme. As long as nobody is claiming this is guaranteed to succeed then nobody is being scammed.
Whether or not the steem devs are making a promise of making money isnt the question (and they pretty much totally are thats the whole god damn point of all of this lol). The question is whether or not steem is a clone of the federal reserve that more or less creates a system of debt by inflation/compounded interest so on and so on. I understand the steem token has value just like bitcoins despite not being a physical thing like gold but the question is whether or not the intrinsic value can keep up with the inflation.
The inflation was dramatically decreased in the last hardfork.
There is also the question of whether or not the devs are deliberately hiding the fact that people may not be able to keep up with the inflation. I believe that would satisfy the definition of a scam if not a ponzi scheme.
Yes it was decreased but even with the current inflation afaik its still a problem. Im not totally sure though I still need to investigate.
Steemit looks like a ponzi when some whale can post some lame pics and get $200 to dump on the market. While normal people watch the value of their SP fall, and that same dbag whale starts flagging anyone who notices their scam
wow fuck you @smooth removed my witness vote for you