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RE: Steem Power delegations sale (BlockTrades) - What are people doing with their SP? - Analysis

in #utopian-io6 years ago (edited)

Your contribution cannot be approved because it is not as informative as other contributions. See the Utopian Rules. Contributions need to be informative and descriptive in order to help readers and developers understand them.

Hi @wil1liam, great to see a new contributor in the analysis section! You've probably spent quite a lot of time to get this data, but it seems you haven't come across the right tools yet.

The first part of your contribution starts in a tutorial-style how you got the data, but the actual analysis part is a bit on the short side. The time range of your data is very short, but that's probably also due to your choice of tools. Delegations are typically given for a couple of weeks. If the delegation was not paid from a steem account you cannot guess this duration. If it was payed from a steem account you would have to query the transaction history of the user to make an educated guess. This means you typically can't tell how much USD or STEEM was actually spent. It is not really clear from the text what is shown on your graphs x-axis. Is it one "dot" per delegation-operation or per user? A histogram of the delegation amounts would have told much more than one stick per delegation. The hand-written comments are barely explained and I'm not sure there is much you can conclude from it. The downvote chart has a different x=scale than the others, so there is not really a connection visible. By the way, down-voting is not automatically "abusing" the system, often it's quite the opposite. Self-voting 98 times most probably is, however :) You may want to consider reporting this user to steemcleaners. It is also quite common for bots to lease SP and the according accounts typically make no secret about the fact that it is a bot or is receiving SP delegations.

Here are a few tips/remarks on your choice of tools:

  • checkout steemdata.com's MongoDB instance, getting this kind of data via steem-python is a pain.
  • you were using get_account_history() - use the filter_by parameter. With filter_by=['delegate_vesting_shares'] you would have received already a pre-parsed stream of only delegation operations.

PS: don't use the 100% power-up payout option at the moment. Chose 50/50 SBD/SP. By exchanging the SBD author rewards to steem on the market after payout you get much more SP than with the 100% power-up - see here.

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