Are the Steemit Whales becoming all too lazy to participate?

21일 전

gold-in-vault-e1459804934885.jpg

I ask the question this morning as I can see a situation coming where the wealth of Steemit will be held in the hands of a few whales who sit on their earnings, and don't spread it around to the rest of us, and it's already happening...

How many of the big boys, some of whom have million dollar accounts through Steemit actually use the Steem Power that they have to spread it around, and share their power to others? Credit to @trafalgar and here on Account Booster @seo-boss who are ones who actually care, and do upvote some of the little guys. The @booming01 - 04 accounts set up by the management do also give a little out, but the rest of those who have huge resources tend to put their earned Steem into the likes of UpVu and TipU, and live on the interest that they provide.

You know, those sites are actually a disincentive from voting for other posts at all, as the interest rewards from putting up one post a day make the big Steemians lazy. They can literally sit on their hands, do nothing and earn more in a week, than I can in months without them lifting a finger, and increasingly so the wealth is stuck in the hands of the few.

The one hope for the rest of us lies in the volatile money markets that can go up as well as down, and luckily we have been on a bull market of late, but what goes up often comes down, and then all the work put in can be wiped out in a flash.

I would like to see a condition of Steemit that to keep your wealth, you have to participate in Steemit, keep posting and being active, creating posts and also voting on others.

Who agrees with me?

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
STEEMKR.COM IS SPONSORED BY
ADVERTISEMENT
Sort Order:  trending

I strongly agree...^^

@trafalgar's gone - https://steemit.com/steemitcontent/@the-gorilla/chasing-trafalgar - delegated to Tipu.

I read a suggestion that rewards work in the same way that some of Google's algorithm works - for an upvote (like a page visit) to be valuable, the amount of time you spend on the page matters. So an upvote on a long article that somebody's spent 3 seconds on should count for nothing.

·

Right - so how do you stop and smash the South Korean monopoly on Steemit? They have cornered a marked where they post rubbish and get huge upvotes through the UpVu account - they all vote for each other en-block and nobody else gets a chance. It's disheartening when you put a lot of work into a post and get nothing in response. I consider myself to be a half decent writer, and yet it's infuriating when I have worked for an hour plus and get next to nothing in return...

·
·

By identifying the source of their plagiarism and putting them down one at a time is my plan. UpVu has at least a dozen accounts of their own, posting content in English. Totally impeccable, 5 articles edited across the 12 accounts I've identified within more than a year. Slowly upvoting by more each time.

I've got 5 from Tipu - shared 1 last night and will smash the other 4 when I have time.

Slowly chip away until they have nothing left to upvote = more money in the pot = $0.50 upvote becomes $2. Small steps my friend, small steps.

I was brought up in Reading - not far from your neck of the woods.

·

By the way, you may have criticised the "Trafalgar bot" but through it was the only way that I ever made any Steem Power - had three big upvotes from it. That avenue of boosting my own account is now gone. None of the other whales spread the love, and that was the whole point of my post. They sit on their arses and do nothing....

·
·

I'm not criticising the trafalgar bot - it was the most well conceived bot on the platform in my opinion. If you know what it's upvoting, its intent was honourable. Some users abused it to the point at which it became a problem though - I think trafalgar saw that and ended it.

·
·
·

Trafalgar ended it as his account is already worth over $600,000 - job done - live off the interest. Even though it was automated, he was one of the few whales to actually upvote anything. All the others have their earned Steem banked away in UpVu and TiPu and they live off the interest as Trafalgar now will. That's an inherent weakness in Steemit, as the big money gets tied up and doesn't flow down to the weaker members, even if they are doing amazing work...

·
·
·
·

Yeah, totally agree. I'd like to see the reward system changed to reflect this but I have no idea how feasible this is. Especially given the levels of plagiarism I've encountered - it's got to be more than 70% of content that isn't a diary game entry!