You are viewing a single comment's thread from:
RE: EXCLUSIVE DTube Video 116: Steem Power NOT USED by the most powerful accounts on Steemit
Indirectly the SP they don't use are benefiting all the other accounts that vote the same period. They "split" their power proportional to the active voters.
PS Imagine a scenario where the first 100 strongest accounts don't vote at all... Immediately you would witness a huge decentralization of the visible content on steemit!
That's very true, the visibility of content would be completely different 😮Thanks for this interesting point of view!
And thanks for the resteem and the support!
YEAH man! I upvo6ted and resteemed! I poinedt this out too and want moree of my followers to be aware of this fact about steem and our current regime and how the whales are really all HELPING minnows by NOT voting or selling theoir vote or delegating to people who do vote etc etc
a lot of those high SP accounts or at least SOME are just Ned and other Steemit inc people like him with high SP amounts and they intentionally don't vote or use their SP except rarely because it really does take away money allocation from others and gives it to themselves and people arent USED to a world where all these big whales are using their SP!
But oen day if steem is REALLY high priced and it WILl be, then we WILl see more of these users either using tehri vote oir quietly powering down and taking their profits like investors do and that's fine they did what they needed to do and helped pushg theprice up for everyoen else and KEPT it up and tahst why steem isn't really as volatile as other cryptos
here is the current supply and liquid supply according to @banjo bot by @inertia on https://steemspeak.com
so see? ONLY 28% of supply or 76 Million out of 268 Million is Liquid steem that's not powered up! So like what almost 3/4th of all steem is powered up? imagine when we get 90 % of al steem powered up we basically reduce supply of steem down to levels less thatn the available supply of bitcoin! That's how we push steem porice up into the thousands! We keep incentive to hold SP SO high that everyone poweres up and the price goes WAAAY UPPPP
please see my first post.
https://steemit.com/introduceyourself/@jerry1994/my-first-ulog--introducing-2018-4-5-4-6-24
please sir see my post.