So, rancho has a ton of SP which gives his upvotes a lot of worth.
This worth he gives specifically to one person, who I believe to be himself.
If he downvotes me, that is less money he gives himself.
This whole thing is based on him getting less % of the reward pool as the 4.7% he was getting was ridiculously big.
So the more they downvote me, fabulous. Cause it gives less rewards to him, and spreads more rewards to the community as a whole. :)
The more love we can spend, the more Steem will grow.
Wow!
Guess its a good thing after all.
Thanks for the explanation.
I just followed you
Hey @biasnarrative, could you eleborate on this belief?
"This worth he gives specifically to one person, who I believe to be himself."
Sure, 97.3% of rancho's voting power in the last 100 days has gone directly to Haejin. If he were to do this for a whole year without getting flagged, eh would give more then 3 millions dollars to Haejin.
I find it hard to believe that a whale chooses to never do anything except up vote Haejin without somehow being involved in the ordeal.
Why would this whale only 100% up vote haejin and that is it.
You can go here to see. http://www.steemreports.com/outgoing-votes-info/?account=ranchorelaxo&days=100
The 8 votes means 8 people.
percentage is the amount of VP given. So if he were to give everyone the same number of votes, he would give them all 20 votes at % voting power. Meaning if he gave all 8 people 20 votes, he would give Haejin 97.3% up votes, he would give himself, .08% of an up vote, and then whatever the others are.
This 97.3% up voting is more than the worst rewardpoolrapists.
So, why would Rancho give EVERYTHING to Haejin, unless he himself is Haejin.
Any other logical conclusions by people?
I agree it is suspect. On the other hand the ranchorelaxo account is older then Haejin's and has waited approx. 6 months before upvoting the crypto blog. To me, its still a possibility that the ranchorelaxo account is owned by a very detached Steemian that has made some succesful trades on Haejin advice and feels obliged to return a favor solely to him.
On a related note, I think the number of followers is unbelievable - literally. A significant part must be automated which is pointing in the direction of either:
-some brilliant long con
-opportunistic change of behaviour after initial succes
However, so far not enough proof for me on the rancho=haejin issue.
But Haejin could have easily bought in Steem earlier in the summer and then took a few months to hatch his plan.
You can tell from who up votes him and how they up vote him that it is pretty unbelievable. A lot of accounts that circle all around Haejin, giving him 75% or more of their up votes, and some of his hard core followers also raping the reward pool and giving their 98k SP investment output basically just to themselves.
That's interesting! There's so much to learn :)