Difference between revisions of "Steemian"
(→Minnows) |
(→Minnow) |
||
| Line 10: | Line 10: | ||
== Minnow == | == Minnow == | ||
| + | |||
| + | As well as describing a small fish, the term "Minnow" also means a small or insignificant person or organization. | ||
| + | |||
| + | In cryptocurrency a Minnow is a is a trader with very little revenue. A minnow has very little or no influence on the market. | ||
| + | minnows often follow the herd so are dictated by the whales influence. | ||
| + | |||
| + | On steemit a minnow is a user who does not own much steem power. As such, the minnow has very little voting power and hardly any influence on the revenue distributed to the poster. | ||
Revision as of 06:29, 31 March 2017
Steemian = A member of the steemit community
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.
On Steemit a whale is a user who has a lot of SP (STEEMPOWER) and therefore more voting power.
Dolphin
Minnow
As well as describing a small fish, the term "Minnow" also means a small or insignificant person or organization.
In cryptocurrency a Minnow is a is a trader with very little revenue. A minnow has very little or no influence on the market. minnows often follow the herd so are dictated by the whales influence.
On steemit a minnow is a user who does not own much steem power. As such, the minnow has very little voting power and hardly any influence on the revenue distributed to the poster.
