RE: The Whale Voting Experiment Explained (including downvotes from @abit) by timcliff

Viewing a response to: @hagbardceline/re-timcliff-the-whale-voting-experiment-explained-including-downvotes-from-abit-20170313t091423641z

steem · @timcliff · Mar 13 '17

> We all KNOW what happens when all whales decide to stop voting. 

Explain

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@hagbardceline · Mar 13 '17

$0.03

Well, the votes of minnows and dolphins count more. Surprise! ;-)

👍 gamer00, timcliff, ambyr00

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@timcliff · Mar 14 '17

That is true. There are other factors to consider too though - the price of STEEM, user engagement, curation rewards for dolphins/minnows. If anything, the experiment should be fun for the 'little people' once the drama over all the downvotes settles.

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@hagbardceline · Mar 14 '17

* Why is it important in the long run to figure out how "whales not voting" affects the price? How do you make sure any change in price is not wrongly considered a correlation? For example: We are experiencing a hard-fork right now. The price is going up. Because of the experiment or because of the hard-fork? Well, we don't know and never will...
* In terms of user engagement, we see more and more people posting memes instead of high-quality content as they tend to get more rewards for those little funny things without getting votes from whales. On the other hand, we see some people [leaving](https://steemit.com/steemitstrike/@kafkanarchy84/steemit-strike-apology-to-followers-and-announcement-of-indefinite-break-from-blogging) angrily
* Curation rewards for minnows and dolphins will go up for sure. Once again, no need to perform an experiment on that

The worst developments I see are that people disliking the experiment are currently being silenced by just tagging them as drama queens, naysayers, whiners, etc... and the fact that there hasn't been *any* communication about this experiment with normal users beforehand.

👍 gamer00, ambyr00

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2 replies