STEEM: Whales Are Losing Their Power....The System Is Not Broken...Report through 10/31/2018

I last reported the numbers in a post that covered through August 31, 2018.

@taskmaster4450/steem-whales-are-losing-their-power-the-system-is-not-broken-report-through-9-30-2018

Each month I monitor what is going on with new accounts and the amount of MVests in each category. I do this to determine what trends are taking place.

Now that we are at end of month, time to post the numbers again.

I want to thank @arcange for the work done each day compiling these numbers and making the charts.

We have 3 months worth of data for analysis purposes to see how the 90 trend might be.

The first chart is from August of 2017, the month I started on Steem. It is placed here to provide some contrast to see how things are changing over a longer period of time.

Here is the breakdown.

8/1/2017

image.png

The total MVests here is 336,932.

On a percentage basis:

Whales 75.44%
Orcas 14.86%
Dolphins 7.16%
Minnows 2.14%
Red Fish .01%
Inactive .40%

8/31/18

image.png

The total MVests here is 395,377

On a percentage basis:

Whales 59.90%
Orcas 18.21%
Dolphins 12.05%
Minnows 6.40%
Red Fish 1.25%
Inactive 2.19%

The change over that time period is as such:

Whales -1.72%
Orcas +4.48%
Dolphins +1.34%
Minnows +1.91
Red Fish -2.30%
Inactive +.92%

9/30/2018

image.png

The total MVests here is 395,784

On a percentage basis:

Whales 59.42%
Orcas 18.28%
Dolphins 12.35%
Minnows 6.48%
Red Fish 1.24%
Inactive 2.21%

The change over that time period is as such:

Whales -.8%
Orcas +.38%
Dolphins +2.49%
Minnows +1.35%
Red Fish -.8%
Inactive +.91%

10/31/2018

image.png

The total MVests here is 399,042

On a percentage basis:

Whales 58.86%
Orcas 18.69%
Dolphins 12.55%
Minnows 6.46%
Red Fish 1.19%
Inactive 2.25%

The change over that time period is as such:

Whales -.13%
Orcas +3.08%
Dolphins +2.45%
Minnows +.39%
Red Fish -3.76%
Inactive +2.49%

8/01/2017

image.png

8/31/2018

image.png

9/30/2018

image.png

10/31/2018

image.png

Latest charts found in this post:

@arcange/steemit-statistics-20181031-en

So what does this all tell us?

To start: The system is working as designed.

The Whales are losing power.

This month, it was the Dolphins and Orcas picking up the biggest gains. The Dolphins crossed 50K MVests in totality, a nice achievement.

In terms of numbers of users, the Dolphins picked up an impressive 51 accounts. The Whales are down one for the month which, I presume, accounts for one of the four the Orcas gained.

There are now 11.024 accounts who qualify as either Dolphin or Minnow. It was only a few months back when the total accounts above the approximate 500 SP (level to be a Minnow) was under 10K.

On August 31, 2018, the Whales and Orcas had 308,813 MVests (78.10% of the total); on September 30, 2018, 307,559 MVests (77.70% of the total)...a decrease of .51%....On October 31, 2018, 309,485 MVests (77.55% of the total)...an decrease of .19%.

It is important to remember these numbers are owned SP. This is not delegated. Since @steemhunt came into being, a lot of SP was delegated so it is equivalent to a Whale yet does not register as such. This is vital since that SP is used to upvote content by the members who post on that application. Ergo, we have a Whale (equivalent) upvoting smaller accounts.

In conclusion, the numbers are changing over time. It might not be happening as fast as some like but it is taking place. Continual working of the system does yield dividends.


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