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RE: STEEM: Whales Are Losing Their Power....The System Is Not Broken...Report through 2/15/18

in #steem6 years ago

. It makes me happy to see that things have been evening out and the whales aren't playing games like they used to.

They are still playing games...that has not changed. And they still wield a great deal of influence. The big thing is that the Whales lost more than 7% of their power in 2017 and it looks like it will be an even bigger amount in 2018. The distribution is spreading out. Part of it will be Whales cashing out for huge profits....that makes sense.

The other part is the number of Red Fish and Minnows that start posting each day. Once we have a couple million people on this blockchain, the sheer numbers will overwhelm the Whales....even with their VP, it will be impossible to maintain their standing as a percentage of the whole.

In time. a whale causing a stir will only be a ripple.