Dear Steemians! I hope you all are enjoying this amazing platform and are also getting aware with its many aspects.
I am a new user of this platform and don't know much about its nitty-gritty. What I learnt is that there are lots of minnows and plankton but a few whales. is a gigantic whale that is hundred times bigger than most of the whales. You can see yourself in the following screenshot (taken on 6th June) how much Steem Power (SP) this account have.
As you can see this account had 53.70 millions Steem when I took above screenshot. Its Voting Value was $6817 at that time. Oh my God! Only a single upvote from can change one's fortune forever on this platform. But this account doesn't upvote anyone.
Just see the above screenshot.
Now, the others things are almost same but liquid Steem is not there.
Where has those Steem gone? transferred those Steem to
. This account is the part of the first account which is used for selling Steem to the market.
also has whopping amount of SP but it doesn't upvote. However, it transfers Steem to various accounts like
,
and
which sales it further in the open market.
transfers Steem to various other crypto exchanges accounts.
I think and
accounts are owned by Steemit Inc. and also are the first accounts on this platform. Perhaps, Steemit Inc. pays its dues by selling Steem to the market. I have no objection (why should I?).
But my questions are- what do they do with so much Steem and SP? Why don't they upvote any other accounts? Why don't they sell Steem in the open market directly? Why do they transfer it to other accounts those transfer it to others and from their ultimately it comes to the open market?
This account receives payment from bidbots also which comes from the payment of delegated SP to the bidbots. Does it means Steem Inc. is behind the bidbots? I don't know but it may be a possibility.
had upvoted the first post of
but recently he unvoted the post. Why?
send 0.001SBD to
two months ago. Why and why others are sending money to
? I think in a hope to get some upvote form it?
Now, is powering down and selling Steem when the price of Steem is in the abyss.
transferred more than 110000 Steem to
that is transferring it to
and huobi-pro.
Also, some other whales like are powering down or selling Steem when the price of Steem and other cryptos is so low. Why are they sustaining so much loss?
I am new on this platform. In fact I joined this platform just four months ago. So, I don't know much about its internal matters. Last time in the start of April I saw that whales were powering down when the price of Steem was around $1.5 but it soon went up to $4.2. Now, similar trend may be repeated. Is this the sign of increasing price of Steem in near future? Probably, it may be the case. However, other possibilities may also be there. It may be the sign of 's indifference towards this platform or the end of cryptocurrency bullish honeymoon period. What is the reality, I don't know. How will these events affect this platform is a matter of concern for us all who have invested in this platform.
If anyone can explain these things to me I will certainly welcome him/her and be grateful to that person. Till then I'll be a bit confused.
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