Whale

The term "Whale" was originally used to describe a wealthy Bitcoin trader who has an influence on the market. It then became a widely used term for any wealthy cryptocurrency trader.

Whale refers to a steemit.com user who has built up a large amount of Steem Power and thus, their influence over aspects of the website steemit.com such as voting power and payouts are quite extensive, especially when compared with new users. Overall, Whales also appear to have higher reputations (ie. over 70). Typically, Whales have been a part of Steemit.com or, involved in STEEM for a much longer period than most.

The Steem Witness @abit in a Steemit post published in March 2017 defined that Whales and whale-like groups are those who have more than 800M VESTS in total, or around 384K SP in total. In the same post he explained the math behind this calculation and finished with a conclusion: with greater power comes greater responsibility.

In the Steem Ecosystem there are site like Steem Whales where is possible to see rankings of top steemians by STEEM Power (SP), reputation, Estimated Account Value, etc. In August 2016, @blueorgy lauched the Catch a Whale as a tool that uses the power of activity analytics to potentially get more upvotes from Whales (inactive in July 2017).

Links

• Steemit : https://www.steemit.com
• Steem Whales: https://steemwhales.com
• Catch a Whale: http://catchawhale.com (inactive in July 5th, 2017)
• @crypt0 : (catchawhale.com) Steemit: Whales, Dolphins, and Minnows- The Importance of Steem Power on Steemit July 2016
• @klye : The Land of Whales and Beggars - A look into Crypto Ecosystem Species July 2016
• @razvanelulmarin : You are Not AHAB. Stop Chasing WHALES! A call for good content. August 2016
• @kingscrown : 2017 Guide on How to Become Steemit Whale! January 2017
• @xiaohui : 2017 (Weekly Update) Top 100 Steem Whales - Jan 03 January 3rd, 2017
• @snowflake : Guardian of the steem universe: A different perspective on the role of whales within steem ecosystem. February 2017
• @timcliff : Whales - Can the community buy out a portion of your influence? February 2017
• @infovore : SteemMag – Steemit’s Weekend Digest #27: Of Comments' Rewards and Powering Up : A Chat with An Early Steemian (and a Whale) …. A Chat with A Steem Investor… This Week on Steemit March 2017
• @whatsup : Good Whales vs. Bad Whales? I Do Not Think So. March 2017
• @htooms : How to Become a Whale in a Week March 2017
• @digicrypt : My Night As A Whale! My Story April 2017
• @cannabissativa : Steemit improvement proposal ! Better distribution of rewards ! Limiting the post rewards of whales... May 2017
• @aggroed : Fondling Whale Balls- A Primer for Minnows on Talking to Whales June 20th, 2017
• @hitmeasap : How To Get Whale Votes? - There's No Magic Sticks Or Tricks. July 5th, 2017
• @dumar022 : Great Steemers to follow SPECIAL: Good Old Whales July 26th, 2017

Related articles

• Steem Whales
• Steemian
• STEEM Power (SP)
• Dolphin
• Minnow

External links

• Business Insider : This 18-year-old digital-currency millionaire thinks bitcoin could hit $10,000 a coin Written by Matt Weinberger, published in 8/20/2017
• Bitcoin.com : Bitcoin Whales and how they make market waves Written by Jamie Redman, published in 7/29/2017
• CNBC : This high school dropout who invested in bitcoin at $12 is now a millionaire at 18 Written by Michelle Castillo, published in 6/20/2017
• Bitcoin Magazine : Op Ed: Crypto-Investing in the Age of Whales Written by David Siegel, published in 6/3/2017
• Altcoin Today : The Top 5 Bitcoin Millionaires Written by unsigned, published in 12/9/2015
• Cryptocurrency Made Simple : Why the future depends on bull whales Written by Scott Maxwell, published in 10/17/2014

In other languages

• Italiano (Italian): Balena
• 日本語 (Japanese): クジラ

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