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 for trolling and witch-hunting.
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.
@matrixdweller got triggered to make this post because I temporarily added his comments only to cheetah, because he's autoposting irrelevant bot comments to people's posts. I'm guessing he doesn't actually care about the topic, and he's digging for an excuse to take a shot at me.
lol
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
How many hours do you think I spent making those photographs? How much time and effort do you think it took to create them?
Do you value content solely based on how much time it took to make? Do you think that a post you've written took longer than the time I spent making those photos?
Personally I don't really give a shit about any of that. Guys like casey neistat made millions doing vlogs that obviously took barely any effort what so ever but I am still happy for him and enjoy his content. The only thing that is concerning about your situation is the fact that whales are able to get so much of the inflation when working together. Not saying you are just saying its a current/potential problem with steemit.
"whales are able to get so much of the inflation when working together".. profound revelation this is
I may write a book.
Fact is they're not getting my post rewards. Anyone thinking so can bark up another tree.
The longer most of the steem power is held by very few is the longer I get to buy cheap steem, since I'm not willing to purchase more than a little bit each time. So I'm not complaining, but it's fun to read words of others who do complain, and those who try to defend the flawed system. A flaw that works in my favor for at least the next few months. It's not like they can sell without crashing the price, and the longer they hold is the longer the price stays low. It's like they're just holding for me, that's GREAT :)
I agree, and I see your upvotes in the community including my own posts. The thing that I HATE about your blog is that all the destructive whales have upvotes upon upvotes over and over and over again in your blog.... why?
I don't care much about your profit, I am glad to see someone succeed. I am glad to see someone making something out of their online adventures.
I have been in your shoes before and it sucks to get negative attention, but the positive attention you are getting is from accounts that work pretty consistently to drive off and belittle other smaller members. Why they choose to upvote and help you boggles my mind.
Either way, I enjoy some of your posts even if I don't understand why they receive so much payout, so keep Steemin on my friend!
~ @Timbo
Well ya you can make heaps of profit trading it but the hope is steem will be a good future option for social networking rather than something that will eventually fail
if it was going to fail, it would have already failed, the "steem fail" days are long gone. This spaceship is flying at warp speed right now, and I'm enjoying the ride. The destination is in the hands of the developers, not the whales. All that steem is not worth anything without further development and more distribution.
If anything it already failed because of how much the price dropped. Anything that happens now can be considered a revival. Either way I hope the devs make steem a great coin.
Steem was 25 cents when I started buying in June 2016, so for me the price only dropped 10 cents
@pfunk I can tell you put quality time, effort, and skill into your photography and posts.
Ignoring the crude expressions of the matrixdweller, I think the question I'm having from the conversation here is whether or not there is a flaw in the system.
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. Or another way to put it, more equalizing of the upvote power so the few do not have the massive amount of power. That will decrease any potential of abuse of power, and it will empower and inspire the newcomers and those regular contributors of quality content who are not whales.
Is Steemit sustainable long-term, without a more equalizing power and reward distribution?
Thank you. What's amusing is the "flaw" in the system that is mentioned is actually its protection against large staked accounts only voting for themselves. Voting shares are squared so that a single largely staked account voting for himself (and not getting other large votes) will get less than if voting on worthwhile posts along with other large amounts of voting shares.
So this troll has it backwards, but we already know he didn't make this post to critique Steem, just as retaliation specifically against me.
steemit doesnt pay based on time you put in per post and your lame cheeta ban of my replys speaks to your lack of character
@thedeplorable1 said
Is your bot opt-in yet?
is yours you joke lol fuck off
@cheetah posts relevant comments and isn't mine.
Posts that I feel are worth thousands earn a cent or less but, that's the nature of the @steemit beast. So, I aspire to become a whale along with a community of whales that would upvote anything that I would post like my mother would.
Beauty is in the eye of the beholder @matrixdweller
Cinderella stayed out of her cinders because she was discovered by a prince. @pfunk @atsdavid
Is your post letting off steam, whingeing or click bait, sir?
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