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RE: The Effects of a Steemit Whale
Haha! I would be a socialist if I was complaining about it, but I'm not!
Inequality as in:
113 minnows made my post $0.49
114 votes made another post $37.66
- It is possible one whale increased my post by $37.17
- what probably happened was a couple people with a lot of SP raised my value to that amount (instead of 1 whale)
That is how it goes at the moment. Whales rule the steemin seas atm. When the dolphins and minnows grow i sp and reputation, and the value of Steem hopefully goes up it means that 50 upvotes will give you decent money even without whales .. but that will take some time i believe. If some economic turmoil comes our way .. steem could moonshoot along with top 20 altcoins etc. Who knows. .. but creating a steady flow of quality and unique posts will eventually secure your income i believe
One of the reasons I have a Steemit account.