Difference between revisions of "Steemian"

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(Minnow)
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Steemian = A member of the steemit community
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A Steemian is the term used to describe a member of the steemit website. www.steemit.com
  
 
== Whale ==
 
== Whale ==
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== Dolphin ==
 
== Dolphin ==
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The term 'Dolphin' is used to describe a cryptocurrency user who does not have as much revenue as a whale but has more revenue than a minnow. This means a dolphin has some influence unlike a minnow. A dolphin is less influenced by a whales activity
  
 
== Minnow ==
 
== Minnow ==

Revision as of 05:52, 31 March 2017

A Steemian is the term used to describe a member of the steemit website. www.steemit.com

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

The term 'Dolphin' is used to describe a cryptocurrency user who does not have as much revenue as a whale but has more revenue than a minnow. This means a dolphin has some influence unlike a minnow. A dolphin is less influenced by a whales activity

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.