Noobie's Guide to Whales and Other Steemit Fish
As I read posts and blogs, I see that everyone talks about whales as an obvious fixture of Steemit society. Everyone seems to know exactly what they are...except me.
When I think of "whale" in context of a human, Dale the Whale from my favorite detective show, Monk, comes to mind. He is an evil, greedy, gluttonous, fabulously wealthy 900 pound man who hasn't been out of his bed in a decade. Through his network of spies, he knows everything about everyone and can destroy them with a push of a button, then laugh about how clever he is.
He's creepy, but as far as I know, he's not on steemit!
I asked some expert steemians, and here is what I learned:
The term Whale is much older than steem. It refers to a big fish in a small pond, or someone with a lot of money in a smaller market. "Whales" provide liquidity so people can get into and out of a coin easier... So if a whale leaves, it is a very bad thing. The market could collapse.
That isn't quite what a steemit whale is. They are invested for at least 2 years, and they can't just leave. This provides additional stability for the steem world.
An interesting fact of steemit: Everyone's vote doesn't count the same. Each vote is weighted, and this weight is based on the amount of money you have in SP or
STEEM Power.
SP is something you get for every post you write, every upvote you receive, every curation (that is, the upvotes you give other posts, thus helping fellow steemians). It's something you earn from socializing, but you can also buy steem from websites, like poloniex, and convert it to SP. If you do this you will gain influence, which means your opinion will matter more.
People generally love to have influence, so the opportunity to buy our way to the top encourages ordinary people to invest in the society. This is a good thing, it means more funds in the system.
You ask, How much steem power qualifies you as a whale? Generally, 100,000 or more.
Noobs like us are called minnows. We have less than 25,000 steem power. If you have more than 25,000 but less than 100,000, you are called a dolphin.
Keep in mind, these are not hard-cemented numbers. I am speaking generally.
Here in the steem world, whales provide upvotes and commentary. A single whale's upvote can easily kick a post from the bottom of the ocean, to the top of trending.
To get the attention of a whale, you should produce compelling content of things you are passionate about, and then write and post more. Be active in the society. Comment, comment, comment. Enjoy yourself!
If the whales don't notice us, well, it's nothing personal. We are tiny fish in a big ocean.
If you ever want me to read, comment or upvote your postings, just come to my latest blog or post and let me get to know you. I don't consider it spam as long as you comment and upvote me too! We can become friends and upvote each other into the realm of dolphins.
Awesome post and great way of explaining this to the newcomers!
Sadly I thought dolphin was 500 SP or more :(
But either way I'm just happy to have gotten involved at the Beta level :D
Keep enjoying yourself and commenting, and you'll transform magically into a dolphin soon!
@casandrarose here are some additional tips if you want to add them.
One of the major tricks to making money on here is to stay on the active page long enough to get noticed. The way you do this is to make sure to reply to every comment you get, thoughtfully, gracefully and with tact.
Editing and revising your posting can help that a little but, be careful because there are only 4 blog postings per day that are allowed and there seems to be a bug right now that counts edits as new posts against that. So it's best to edit using a tool like https://stackedit.io/ that will let you see what your posting looks like and lets you edit like any other document but gives you the markdown syntax used here.
Upvote as many of the comments as you can, even your own! It's not considered a bad thing, but it does lower your voting power a little with each one. At this level the fact that you voted actually counts more for you than the money you bring in with your vote though, so it's alright.
Final tip #payitforward use your super minnow powers to seek out as many of the others who are posting related content or content that you think is important and that you actually like.
Comment sincerely in their blog about their topic, upvote them, explain what #payitforward is and invite them to come to your blog and #payitforward as well. When doing this you should consider using anchor tags because blog posts URLs can get long and sometime people will make a judgement call based on title alone.
When the people you invite do drop by, thank them, upvote them and explain to others that come later why you like this person and what they had to say. If everyone does this, we all win. But make sure to use #payitforward when you do or else it just looks like linkspam.
That's all the tips I have for noobies except like @casandrarose said, the most important thing is to have fun and meet new people and discover new interests.
Thanks for the info! You should write a whole blog about this. I think a lot of noobies have a lot to learn about markdown.
Thanks for the well articulated post and for contributing @casandrarose!
I'm glad that I can help other steemians understand our new world!
I just learned I am a minnow and I am kinda hurt.
Minnows are great because we have the most potential! Keep steeming, and you will magically transform into a dolphin!
:) in this fish terminology, I can't avoid making the connection minnows <=> piranhas. Not easy for the ego.
Just Kidding. Thanks for this great article.
Hopefully isn't doesn't take that long to get to be a dolphin!!! I'll keep steeming!!!
Enjoy the journey and the rest will come around. Especially if you keep producing great content and keep commenting!
Commenting!!!
Hi! This post has a Flesch-Kincaid grade level of 4.7 and reading ease of 88%. This puts the writing level on par with Ernest Hemingway and Donald Trump.
Hopefully that's a good thing! I think that's the first time someone put Hemingway and Trump in the same sentence. But I guess pet bots make interesting connections, lol!
@casandrarose I lol'd at that!
George and I agree, great post lol
I'm glad George approves!
Thank you for post! Very useful for understanding how it really works
I'm so glad my post could be helpful! Keep posting, and stay positive!
Great article :)
thanks for the great insight and much appreciated.