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  "block": 3768022,
  "trx_in_block": 1,
  "op_in_trx": 0,
  "virtual_op": 0,
  "timestamp": "2016-08-03T19:33:57",
  "op": [
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    {
      "parent_author": "bitcoinmoney",
      "parent_permlink": "happy-with-my-rating-4-having-only-4-posts-and-having-been-on-steemit-since-july-5th",
      "author": "bignastywhale",
      "permlink": "happy-with-my-rating-4-having-only-4-posts-and-having-been-on-steemit-since-july-5th",
      "title": "",
      "body": "Nice @bitcoinmoney \n Shot you an Upvote :)",
      "json_metadata": ""
    }
  ]
}

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  "trx_in_block": 2,
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  "timestamp": "2016-08-03T19:33:18",
  "op": [
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    {
      "parent_author": "",
      "parent_permlink": "reputation",
      "author": "bitcoinmoney",
      "permlink": "happy-with-my-rating-4-having-only-4-posts-and-having-been-on-steemit-since-july-5th",
      "title": "Happy with my rating--- 4---having only 4 posts and having been on Steemit since July 5th",
      "body": "# New Ratings\nhttp://i68.tinypic.com/1zfk6lx.png\nThis story just came out yesterday on rating https://steemit.com/steemit/@dantheman/brief-update-on-reputation-score. My rating is a middle of the road 4. A rating of 1 is given to the most of the accounts---34,455. All the other reputation values have fewer than 2000 accounts. Below is a graph of reputation rating versus the number of users from the article cited above written by the highly ranked (8) @dantheman. There is only one user with a 9 (@stellabelle).\n\nhttp://i67.tinypic.com/euh36a.png\n\n### Reputation as a function of STEEMIT users\n I haven't been on Steemit for even a month yet as I joined on July 5th and I have seen a number of changes since I have chanced upon this site. The introduceyourself postings are about gone since there are so many users. I never posted one myself. The proper peng girl travelogues are seemingly gone and personal stories and real news that I am interested in have taken their place. I was particularly interested in the Bitfinex stories yesterday.\n\nI'll close with a quote from Ben Franklin.\n\n# It takes many good deeds to build a good reputation, and only one bad one to lose it.    ---Benjamin Franklin\n\n\n\n\n\n#reputation #ranking #logarithmic  #socialmedia #Bitfinex",
      "json_metadata": "{\"tags\":[\"reputation\",\"ranking\",\"socialmedia\",\"Bitfinex\",\"logarithmic\"],\"image\":[\"http://i68.tinypic.com/1zfk6lx.png\"]}"
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      "author": "bitcoinmoney",
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      "author": "adrienne",
      "permlink": "re-bitcoinmoney-re-adrienne-free-solarcoin-s-every-up-vote-gets-you-free-solarcoin-s-20160803t132856501z",
      "title": "",
      "body": "bitcoinmoney Solarcoin's Sent\n2321550d7bf141f455ccc1729829ee4311067397c13c933659728708912541d7",
      "json_metadata": "{\"tags\":[\"steemit\"]}"
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      "parent_permlink": "re-adrienne-free-solarcoin-s-every-up-vote-gets-you-free-solarcoin-s-20160802t232015574z",
      "author": "romangelsi",
      "permlink": "re-bitcoinmoney-re-adrienne-free-solarcoin-s-every-up-vote-gets-you-free-solarcoin-s-20160803t132803881z",
      "title": "",
      "body": "bitcoinmoney Solarcoin's Sent\n2321550d7bf141f455ccc1729829ee4311067397c13c933659728708912541d7",
      "json_metadata": "{\"tags\":[\"steemit\"]}"
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  "trx_in_block": 5,
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  "timestamp": "2016-08-03T03:25:54",
  "op": [
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    {
      "parent_author": "bitcoinmoney",
      "parent_permlink": "re-adrienne-free-solarcoin-s-every-up-vote-gets-you-free-solarcoin-s-20160802t232015574z",
      "author": "nick-gogerty",
      "permlink": "re-bitcoinmoney-re-adrienne-free-solarcoin-s-every-up-vote-gets-you-free-solarcoin-s-20160803t032555921z",
      "title": "",
      "body": "looks like you got §5  https://chainz.cryptoid.info/slr/address.dws?8HSuizXwWcLp1gW73AgknrvpTLWnXotpNo.htm",
      "json_metadata": "{\"tags\":[\"steemit\"],\"links\":[\"https://chainz.cryptoid.info/slr/address.dws?8HSuizXwWcLp1gW73AgknrvpTLWnXotpNo.htm\"]}"
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  "timestamp": "2016-08-02T23:34:00",
  "op": [
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      "voter": "bitcoinmoney",
      "author": "wongshiying",
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  "block": 3744124,
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      "voter": "bitcoinmoney",
      "author": "bitcoinmoney",
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  "timestamp": "2016-08-02T23:20:15",
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      "parent_author": "adrienne",
      "parent_permlink": "free-solarcoin-s-every-up-vote-gets-you-free-solarcoin-s",
      "author": "bitcoinmoney",
      "permlink": "re-adrienne-free-solarcoin-s-every-up-vote-gets-you-free-solarcoin-s-20160802t232015574z",
      "title": "",
      "body": "My address is \n8HSuizXwWcLp1gW73AgknrvpTLWnXotpNo\nThis program sounds very interesting .",
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      "voter": "dating",
      "author": "bitcoinmoney",
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{
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      "parent_author": "",
      "parent_permlink": "bitcoin",
      "author": "bitcoinmoney",
      "permlink": "what-is-money-and-why-bitcoin-is-not-defined-as-money",
      "title": "What is money and why Bitcoin is not defined as money?",
      "body": "# Bitcoin Money Trial in Florida\n\nTwo days ago A Miami-Dade judge ruled Monday that Bitcoin is not actually money\n\nIn this closely watched case in crytocurrency circles, the judge threw out felony charges against website designer Michell Espinoza who had been charged with laundering $1,500 worth of Bitcoin. He sold them to undercover detectives who told him they wanted to use the money to buy stolen credit card numbers.\n\nThe judge said that Bitcoin was not back by any bank or government and was not "tangible wealth"\nhttps://i.imgsafe.org/8ee86cb67f.jpg\n**This is what currency is according to the Judge**\n\n# What is Currency?\n\nFrom the FBI website on an article about Virtual Currency:\n\nUnder U.S. money services business regulations, any business that transfers virtual currency from one person or location to another is obligated to register with the Financial Crimes Enforcement Network (FinCEN) and comply with Bank Secrecy Act (BSA) requirements, including implementing anti-money-laundering programs and filing suspicious activity reports (SARs).[3] Additionally, many states require money transmitters to obtain state licenses. The U.S. Department of Justice has identified these regulations as “crucial tools in preventing malicious actors from exploiting virtual currency systems in furtherance of illicit activity.”\n\nBitcoin can be used to move more than the $10,000 required to file with the IRS if you live in the US. Is this filed everytime this occurs? Of course not.\n\n\n\n# High Profile Digital Currency Legal Cases\n\nhttps://i.imgsafe.org/9026a0c3bd.gif\n\nIn the 2000s several digital currencies such as Liberty Reserve, e-gold, and WebMoney were suspected of being used in illegal activities.  Douglas Jackson, the founder of e-gold, was sentenced to six months of house arrest in 2008. \n\n"The operations of E-Gold Ltd. and the other defendants undermined the laws designed to maintain the integrity of our financial system and created opportunities for criminal activity," Jeffrey A. Taylor, U.S. Attorney for the District of Columbia, said in a statement announcing the agreement. "Because of the successful prosecution of these defendants, digital currency providers everywhere are now on notice that they must comply with federal banking laws or they will be subject to prosecution."\n\nThe creator of Liberty Reserve, Arthur Budovsky,  pleaded guilty to laundering hundreds of millions of dollars through the digital currency exchange this year.  He is the fifth defendant to plead guilty as part of the Liberty Reserve case.\n\nWebMoney was established in 1998 and a decade later had a customer base of five million most of which migrated from e-gold. WebMoney lost most of its underworld customers all at once this time due to a change in modification of practices in 2010.\n\n# Takeaway\n\nThe takeaway message from these news items is that it is unclear what currency actually is but try to avoid using digital currencies for illegal activities and money laundering. Virtual currencies are here to stay since once one is gone another is created.",
      "json_metadata": "{\"tags\":[\"bitcoin\",\"currency\",\"money\",\"laundering\"],\"image\":[\"https://i.imgsafe.org/8ee86cb67f.jpg\"]}"
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      "parent_permlink": "law",
      "author": "bitcoinmoney",
      "permlink": "power-law-distribution-of-steem-account-values-or-why-i-will-never-be-a-steemwhale",
      "title": "Power Law Distribution of Steem Account Values ---Or Why I Will Never Be a SteemWhale!",
      "body": "This is only my third article on Steem and my wallet has a value of  $45.04 right now which is not bad considering that I have never bought anything on Steem. The two articles I wrote were rather short  and really neither had that much original content. In this article I am looking at the power law behavior of account value compared to the number of accounts of Steem.\n\nhttps://www.steemimg.com/images/2016/07/25/pic154e9a.jpg\n\nThis is a SteemWhale which I am not \n\nThis is account value data from Steemd.\n\n1 MV = 1M VESTS = 240.853 STEEM = $875.019\n\nActive last 24 hours\n$ \tMV \tlevel    \taccts \taccts % \tstake\n$0 \t0 \tdust \t91 \t1.80% \t0.00%\n$9 \t0.01 \tnewbie \t3515 \t69.71% \t0.04%\n$90 \t0.1 \tuser \t643 \t12.75% \t0.12%\n$900 \t1 \tsuperuser \t497 \t9.86% \t0.81%\n$9,000 \t10 \thero \t200 \t3.97% \t3.00%\n$90,000 \t100 \tsuperhero \t71 \t1.41% \t10.64%\n$900,000 \t1,000 \tlegend \t25 \t0.50% \t35.84%\n5,042 accounts\nactive stake: 50.46%\ninactive: 49.54%\n\nActive last 7 days\n$ \tMV \tlevel    \taccts \taccts % \tstake\n$0 \t0 \tdust \t286 \t2.11% \t0.00%\n$9 \t0.01 \tnewbie \t10966 \t80.80% \t0.12%\n$90 \t0.1 \tuser \t1141 \t8.41% \t0.19%\n$900 \t1 \tsuperuser \t745 \t5.49% \t1.20%\n$9,000 \t10 \thero \t287 \t2.11% \t4.33%\n$90,000 \t100 \tsuperhero \t115 \t0.85% \t17.95%\n$900,000 \t1,000 \tlegend \t31 \t0.23% \t43.95%\n13,571 accounts\nactive stake: 67.75%\ninactive: 32.25%\n\nAll accounts\n$ \tMV \tlevel    \taccts \taccts % \tstake\n$0 \t0 \tdust \t1894 \t5.43% \t0.01%\n$9 \t0.01 \tnewbie \t27713 \t79.48% \t0.42%\n$90 \t0.1 \tuser \t2711 \t7.78% \t0.42%\n$900 \t1 \tsuperuser \t1839 \t5.27% \t2.49%\n$9,000 \t10 \thero \t498 \t1.43% \t7.94%\n$90,000 \t100 \tsuperhero \t168 \t0.48% \t24.76%\n$900,000 \t1,000 \tlegend \t43 \t0.12% \t63.97%\n34,866 accounts\ntotal stake: 100.00%\n\nThese reports exclude the reserved @steemit account.\n\nA power law is a functional relationship between two variables, where a  change in one variable results in a proportional relative change in the other variable. One variable varies as a power of the other.  The Steem account values in dollars compared to the number of account shows a good correlation and a nearly straight line\n\nhttp://i.imgsafe.org/6403c3008c.png\nPower law distribution of account values on Steem\n\nFrom Wikipedia: \"the distributions of a wide variety of physical, biological, and man-made phenomena approximately follow a power law over a wide range of magnitudes.\" and also from Wikipedia \"more than a hundred power-law distributions have been identified in physics (e.g. sandpile avalanches), biology (e.g. species extinction and body mass), and the social sciences (e.g. city sizes and income).\" Several that are interesting are fractals, the Pareto distribution, and pink noise.\n\nThe takeaway from this is that I will never be a SteemWhale and I have a typical account valuation. If you like this article please make a comment!",
      "json_metadata": "{\"tags\":[\"law\",\"science\",\"power\",\"physics\",\"phenomenon\",\"account\",\"social\",\"sciences\",\"value\",\"physical\",\"dollar\",\"biology\",\"steemwhale\"],\"users\":[\"steemit\"],\"image\":[\"https://www.steemimg.com/images/2016/07/25/pic154e9a.jpg\"]}"
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      "parent_author": "",
      "parent_permlink": "money",
      "author": "bitcoinmoney",
      "permlink": "new-to-steem-but-likin-it",
      "title": "New to Steem but likin' it!",
      "body": "I joined Steem after the big July 4th announcement. I heard about Steem from Crypto Tre on Twitter.\n\nSince then Steem has gone through the growing pains of an internet entity of hacking and the management quickly responded to the threat. The CEO of Steem told us that the blockchain was never hacked but the hackers exploited browser-side vulnerabilities. My account was not hacked and I have nothing invested in Steem except my time in producing just one previous blog post but this put me at ease.\n\nTo me it is cool to be able to make money with a computer and an internet connection. For some people Steem has made that easier. There are about 164 million bloggers. Most of those don't make much money and very few will be able to live on just blogging. I am grateful for the few bucks I make each day on Mechanical Turk.\n\nI am not one of the Steemwhales (https://steemit.com/steem/@oliverb/steemwhale-watching-greater-than-list-of-users-you-need-to-get-upvotes-from-and-watch-for-new-content) Props to oliverb from coining this term meaning guys who \"bestow multiple dollars for each upvote.\"\n\nWhat I like about Steem is that it is decentralized and allows the user to write interesting posts. As I said earlier, I have only one blog post to date but I like being part of something that seems organic and authentic compared to traditional social media.\n\nThe traditional social media, I think, have the valuable function of allowing everyone a voice and removing the  barrier to entry to self-promotion from the large media companies such as those that produce movies and television. There are YouTube stars that make more than $1 million USD a year who were previously unknown.  Steem has its own place, I believe, as a social medium and will familiarize many with the use of blockchain technology. Steem is an ongoing experiment that I am glad I found.",
      "json_metadata": "{\"tags\":[\"money\",\"hacking\",\"media\",\"TrevonJB\",\"oliverb\",\"CEO\",\"social\",\"twitter\",\"blockchain\",\"Steemwhale\"],\"links\":[\"https://steemit.com/steem/@oliverb/steemwhale-watching-greater-than-list-of-users-you-need-to-get-upvotes-from-and-watch-for-new-content\"]}"
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      "author": "bitcoinmoney",
      "permlink": "migrate-to-steem-and-leave-facebook",
      "title": "Migrate to Steem and leave facebook",
      "body": "Migration to Steem from the other social networks may prove financially rewarding for early adopters.\n\nEarly adopters and significant contributors were rewarded for facilitating a highly efficient and collaborative community of members interested in a multitude of subjects such as politics, gardening, and entertainment.\n\nCrypto Tre on twitter posted a vlog about earning Bitcoin on this new social network. He talked about his incredible earning from this site. He gives a youtube video about this topic at youtu.be/Ug_wnpXW_iQ .\n\nIn an article on the website paymentweek, it quoted Steemit CEO Ned Scott  about how it was the first of its kind in the cryptocurrency world and highlighted a crucial moment for Steemit.\n\nSteem distributed $1.3 million into the wallets of \"thousands across the world.\" I have just signed up for Steem and already I have $2.32 in my wallet.\n\nThe article concluded with this statement\n\nHalf of the $1.3 million supply of Steem was distributed in Steem Dollars, which is basically a form of Steem worth roughly one US dollar, and half in Steem Power, a vesting currency that supercharges voting power via the platform.\n\n“Because it’s based entirely on a blockchain, Steemit shows what social media can look like without censorship. Everything we see on Steemit.com comes from the open source Steem blockchain, so the entire network is replicable on any front-end application. Attempts at censorship can be proven by anyone with a blockchain explorer or another front-end application built on the Steem, so users can feel free to post how they really feel. This freedom is what empowers the Steemit community, and it’s one of the major ways we’re different from centralized, controlling and manipulative social media networks,” said Scott.\n\nScott concluded with “Because it’s based entirely on a blockchain, Steemit shows what social media can look like without censorship. Everything we see on Steemit.com comes from the open source Steem blockchain, so the entire network is replicable on any front-end application. Attempts at censorship can be proven by anyone with a blockchain explorer or another front-end application built on the Steem, so users can feel free to post how they really feel. This freedom is what empowers the Steemit community, and it’s one of the major ways we’re different from centralized, controlling and manipulative social media networks.\"\n\nWill monetization of content encourage people to join Steem and produce quality content that is rewarded.? Most social networks provide no means for the users to get ad revenue that the owners of the social networks receive even though the users are providing the content and the owners just provide the \"platform\".\n\nA June article in Sitepronews discussed the unprecedented growth of this social media platform.  It also talked about the upcoming (then) distribution of  the market cap of the company on July 4th.  The most popular topics on Steem are \"its most popular topics include politics, technology and cryptocurrency.\" \n\nMany users who have high ranking articles have earned in excess of $5000. Will the outperformance of bitcoin compared to other asset classes cause the users to \"let it ride\" or make them want to cash out to lock in their gains?",
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