STEEM: Whales Are Losing Their Power....The System Is Not Broken...Report through 9/30/2018

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

@taskmaster4450/2cmgty-steem-whales-are-losing-their-power-the-system-is-not-broken-report-through-7-31-2018

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.

This month, I decided to add the charts from Aug of 2017, the month I joined. This will be a part of the monthly post to provide some contrast.

Here is the breakdown.

8/1/2017

mvest812017.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%

7/31/2018

image.png

The total MVests here is 390,361

On a percentage basis:

Whales 60.95%
Orcas 17.43%
Dolphins 11.89%
Minnows 6.28%
Red Fish 1.28%
Inactive 2.17%

The change over that time period is as such:

Whales -.79%
Orcas +4.25%
Dolphins -2.86%
Minnows +1.78%
Red Fish -2.29%
Inactive +3.33%

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%

8/01/2017

account812017.png

7/31/2018

image.png

8/31/2018

image.png

9/30/2018

image.png

Latest charts found in this post:

@arcange/steemit-statistics-20180930-en

So what does this all tell us?

To start: THE SYSTEM IS WORKING AS IT IS DESIGNED!!!!

The Whales are losing power.

This month, it was the Dolphins and Minnows picking up the biggest gains. One thing that I noticed is the Dolphins are about where the Orcas were in terms of MVests when I joined while the Minnows passed the where the Dolphins were. Also, these two categories, collectively, now have more MVests than the Orcas.

It will be interesting to watch how this trend is affected by the shift more towards applications. Will it make those two categories move up faster?

These two categories added 130 accounts to their total during the month. There are now 10,593 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 July 31, 2018, the Whales and Orcas had 305,980 MVests (78.35% of the total); on August 31, 2018, 308,813 MVests (78.10% of the total)...a decrease of .32%....On September 30, 2018, 307,559 MVests (77.70% of the total)...an decrease of .51%.

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.

I believe, this trend will continue as we see more applications come into being and the ones that are here get stronger.

This is the example that I like to use. @actifit upvotes anyone who reaches the minimum level of movements in a day using their application. The post on STEEM is the verification that the activity was completed. Yesterday's upvote from them, for full completion, was .31. This means that over 200 accounts, most of them smaller, received this upvote. What a difference from the .01 and .02 many newer pots get.

Over the course of a month, this is about 9 STEEM. Naturally, one is not going to get rich off that yet, if you are an account that has 50 SP, this is a nice one month increase. And this is simply for one post a day.

With about 150K SP in delegation, that makes @actifit a nice Orca-equivalent. How many Planktons get upvotes from 150K SP accounts?

Yet here is a way to get one GUARANTEED.

The shift to an application-centric blockchain could make all the difference in the world.


If you found this article informative, please give it an upvote and resteem.

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