Holding more LISK = more votes. Saying it has nothing to do with the amount of LISK you are holding is a dumbass thing to say.
The community as a whole holds the most Lisk of all and can override any one individual voting for themselves, no matter how big a pile of Lisk that is.
Okay, I think I understand now.
I still think Max and Oliver will end up with several delegates each.
Why would you vote for a competing delegate?
If I have 4% of supply, then I will give all of my delegates 4% of the vote, and not add to any of my competitors' %
There are no competing delegates. Because Lisk DPoS is a COOPERATIVE system that must have 101 people to work. And you want your candidate delegate to be responsible in the eyes of the community so it will receive a bulk of COMMUNITY votes, which are greater in total number than any individual's voting power.
Delegates are competing to get enough votes to be in the top 101
If you are running a delegate, why would you vote for a competitor's delegate and add to their % ?
So if I have 4% of vote, I am only voting for my own delegates.
If I give someone else a 4% bump, maybe this knocks me down to 102 spot, and I earn no money. Not a rational thing to do.
every delegate should have 2 votes (first that can be used on anybody (even himself) and second that can be use only for somebody else)
From a game theory standpoint, you would then take away your 4% vote from delegates ranked above you to get back in the top 101. It is an iterative process with more than 101 voters who are constantly adjusting their votes to meet the twin goals of getting 101 people in place that are needed to run the system while staying in that group of 101 themselves. Eventually it stabilizes. It's not just your voting power that counts, no matter what your voting power is.
Or you create just hundreds of accounts with a vote each... no matter what: Votes are always depending on amounts...
and thats why the ones with a small stake wont be able to delegate.