IF you answered 'yes' to the title's question then let's take a deeper dive into the reality of that.
You, wanting to see hive thrive, naturally save your hive in hive power, yes?
This seems to be the natural, 'common sense' thing to do, yes?
You naturally don't vote rewards to people that drop hive like it is hot, right?
As a community, if we want to survive, we need to establish customs that serve the community's survival goals, yes?
Voting rewards to people that are powering down to sell them just as fast as they can is not consistent with this stated goal.
Yes?
The customs and traditions of hive's community are not really established, yet.
We've been at this 7 plus years, but outside hivewatcher's standards, and trending's enforcement of nothing that offends corporate speak, we haven't really established what it is to be a hivizen.
Sure, some of us ride herd on the spammers and plagiarists.
Some of us pump out pablum known to make trending, every time.
It is pretty easy to guess which one serves our collective survival better.
Is that how we value these traits in the rewards pool?
Clearly not.
Spamming and plagiarizing seems to be at an all time low.
Can we get some congrats to hw's and hdr for making that happen?
I think that requiring minimal amounts to be held until we reach broader adoption is not too much to ask.
It is 'free' money, right?
It costs you nothing to hold on in hopes of a moonshot, yes?
IF the people forming the community of hive don't value hive, then who will?
My suggestion is that a 50 rep count should not be powering down, at all.
A 60 rep account should have a minimum of 1000hp.
A 70 rep account should have a mimimum of 10k hp.
80 rep accounts should have a minimum of 50k hp.
Not holding these amounts means that the account has powered down and sold what was given them by the curators.
For me, this is my standard for curation.
If you don't meet these data points then I don't vote you or follow you.
I heap scorn and derision an any curators not vetting their beneficiaries.
The top 5 curators vote rewards nearly exclusively to accounts that don't meet these minimal commitment to the hive standards.
Who's side are they on?
We know that were hive to become mass adopted many, many powerful rich people would be displaced by powerful, rich hivizens.
Instead of the bloodlines being the sole source of wealth, hive hodlers would replace them.
Instead of having to go to the secret meetings and doing the absolutely disgusting things that they do at these meetings, folks will have to do what it takes to make it to hive trending in the new paradigm.
(That movie is nsfw. The director was killed shortly after it was released.)
We've already had at least one swipe publicly made at us by them.
Are we going to tolerate a continued persistence of doing what makes hive fail?
But, anti, these people need to eat.
Yeah, and I need retirement money.
Every hive they sell is taking food out of my mouth.
Your's, too.
It's up to you, dear reader, do you want to wait around doing nothing while hive is sold down the river by the actions of the largest accounts, or do you want to start acting collectively to gain the largest advantage for all of us?
IF nobody sells hive for less than 5usd, the price is at 5usd.
There are only ~4k authors even getting rewards.
It seems a no brainer to act collectively to improve pay for creating posts.
We know that when the price rises user retention increases.
Giving hive to dumpers and buying it up cheap appears to be how 'they' intend to insure that hive doesn't succeed.
By voting rewards to those that dump, those that are buying get cheaper hive and centralize hive power to the point that nobody outside will buy in.
Eventually accumulating enough to push the price near zero all at once.
The current power to price ratio is not attractive to outside investment.
Current curation standards feed into this.
Qui bono?
You have to make your own decisions.
Clearly the way things have been done up to now has led to low prices and a lack of interest in the broader crypto market.
Continuing to do what we have done up to this point is only guaranteed to bring more of the same, imo.
Are you are tired of paying your masters to bomb children in far away places?
Perhaps it is time you pushed back on that.
A simple way that anybody can do that is to hoard your coins.
The fed buys coins at face value from the mint.
A dollar of change in your pocket is a dollar of value out of the banksters' pockets.
Stop playing in their shell game that allows them to play in the amusement parks from hell and shop in the human grocery stores.
'Aint that fresh?'
Take the chapter 9 challenge.
Death to Discord!
Long live Sting!
Join the Hive Discordiant Room: https://peakd.com/c/hive-104940/created
Billy Jack, the movie.
The Trial of Billy Jack.
Billy Jack goes to Washington.
While I agree that selling tokens creates pressure on the price, I strongly disagree that pressure much matters to Hive. In 2016 when the platform emerged in a much smaller market of cryptos as Steem it's use case in social media was novel and theoretically would have enabled it to participate in the social media market, which was then, and is now, the biggest industry on Earth. Today we have fallen from 8th place on the crypto market cap chart to ~220, despite that massive advantage.
From circle jerks to bidbots, and finally to the conquest of Steem by Sun Yuchen and the creation of Hive, plutocratic governance of the platform has utterly failed to enable it to perform acceptably by any measure or metric you care to use. From curation rewards deranging curation into chasing ROI instead of promoting good content to narrative shaping on the platform by opinion flagging that has chased off the massive majority of users that tried to adopt this social media platform, including many 'influencers' with huge audiences that would have followed them here had they remained, plutocracy has failed us.
If we had been able to get social media right and prevent censorship Hive would be #1 on coinmarketcap's list today, because it has a vastly more valuable use case than BTC or any other crypto. It is because the claim of censorship resistance was blatantly false, and instead flags massively decentralized and facilitated censorship that Hive is teetering on the brink of ceasing operations today. If we had lived up to our potential to be a social media platform that resisted censorship, people could do any damn thing they wanted with their tokens and it wouldn't matter at all. Demanding HODL is desperation, and cannot create a useful crypto. Money needs velocity to be useful, and what you advocate is killing the utility of the token as money.
We have discussed this matter, and I do not expect my comment here to change your mind, so I will not spend hours flinging rhetorical points at you here. I just wanted to publicly state my disagreement that you have been long aware of. I want people to see that I upvoted your post, and that I disagree with you on this matter, so they can see that disagreement of opinion is not a valid reason to downvote on this platform. Downvotes should be reserved for spam, scams, and plagiarism, and when the aren't used to prevent those ills they are abused to destroy Hive.
HW today is downvoting several content creators for reasons other than those listed above, so that they cannot make a pfennig on any comment or post, and both @baah and @por500bolos are producing quality content that deserves support. From @skeptic to @logiczombie, many creators have been driven in this way from the platform, and HW IS KILLING HIVE instead of sticking to it's geas and preventing spam, scams, and plagiarism from killing Hive. Since both disease and cure are fatal to Hive, I can't say the cure is worse than the disease. They're both equally fatal.
Thanks!
Edit: oddly enough, I am perhaps the poster boy for your plan. I do not sell any rewards I receive on Hive. I only HODL. Just thought I should mention that.
Unfortunately, the tokenomics of HIVE was shot out of the water when the witnesses raised the interest on HBD to 20%.
We currently are paying over $126,000 interest each month.
The value of HBD comes from HIVE.
126,000 converted to HIVE at $0.30 is 420,000.
A dolphin account has 5550 HIVE. We need 75 new dolphins a month to pay the interest on the debt.
The stats become worse when one realize that people convert their HBD to HIVE when the market drops.
I would expect a mass conversion of up to 5 million HBD if the price of HIVE were to drop into the low teens.
I think it's a shame that the witnesses put the platform in jeopardy simply because a few whales wanted a large passive income on the wealth that the held.
!WINE
The market cannot
No. We are not paying $.01 in interest. That interest is paid in HBD, not dollars. It costs Hive nothing at all to pay that interest, because the people that are collecting that interest are rolling it into the interest bearing accounts, not spending it.
The numbers you're fiddling with do not mean what you think they mean.
IF the people had powered up what they were given this would have played out by now.
The community would be in charge rather than a handful of accounts.
If we hope to climb out of this hole, we are gonna need people to power up and hold.
Thank you for your witness vote!
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BEER.Hey @yintercept, here is a little bit of
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Years ago I was nuked repeatedly by Bernie for BS reason. Pretty much gave up for a while after and powered down. I agree with your sentiment though which is why I'm trying to build back up. Skin in the game.
We, the little people, could have enough powered up to run the place by now, collectively.
We don't really have a leader, nor want one, so it will take a group of us to set the example and make the culture into one we can be proud of.
Hive is down to what... 3000 users? Less?
The whales & top witnesses get all the $$ (as it has been since 2016)
The platform is centralized, censorship-ridden, and has lost more that 99% of the users who joined. There's a term for that - a dead platform.
If you are responding to somebody on a dead platform to say It is a dead platform then it's probably not a dead platform.
lol... stop making sense bro get out of here with that shit
Yet, here we still are, giving life to a 'dead' platform.
That's life in a plutocracy.
!LOL
lolztoken.com
It’s fine he woke up.
Credit: reddit
@antisocialist, I sent you an $LOLZ on behalf of holovision.cash
(4/10)
Mm.. your suggestions seem reasonable. I also defend/suggest that a HIVE user should stake HIVE up to a certain HP like 5k or 10k.
!BBH
!MEME
Posted using MemeHive
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Credit: arthursiq5
Earn Crypto for your Memes @ HiveMe.me!
Uhm, well... but that's already starting to sound like some sort of non-Cartesian mathematics or algebra.
Ah, however these statements actually does sound like a much more logical mathematics. LoL
Aa 70 rep account has had at least double that amount voted to them.
A 70 rep account with less than 10k hp has dumped at least that much on the market forcing down the price for everybody else.
A 70 rep account that has dumped more than half of what has been given them doesn't deserve to have a 70 rep, imo.
Nope! as you can see in the picture above, many times that class of weird math does not fit accurately to those terms. If in seven plus years we barely managed to accumulate half of those 10k, obviously the true reasons to not reach 10k is clearly other. But not because anyone has dumped anything anywhere.
Oh yeah, however I do agree with this big time. But only because I know very well the underground fishy mathematics which govern this equation these days. Which in general stand out much more in those accounts who currently have much more than a 70 rep.
That author hp is only half of what was voted to them.
We will have to ask somebody for the exact math of how reputation works, but we can always simply add it up in the transfers out in the wallet.
It looks like the curation rewards are kinda low in your pic.
I've only recently started powering up 100%, so that should be about half of what has been voted to that account.
I suspect price has an effect on the totals, too.
In any event, I would expect a number that we can agree on to be the consensus.
What numbers suit you?
Nope, I believe those values shown there in the pictures are the total of what you have accumulated from the beginning since you signed up for first time in the blockchain. In other words, your entire SP + HP earnings regardless of how many Power Downs and dumps you may have done over the years. Correct me if I'm wrong.
I fact, there's none that suits me. There are many variables in the process to take in account.
According to my criteria, in HP terms, the values shown in the pictures are the absolute total of what you have raised in your entire career within these "social networks" on the blockchain.
I've asked @fernandosoder to tell us in a dm.
I'm starting to suspect that price may influence the numbers quite a bit.
Maybe we can impose on Fernando to make us a list with reps and total rewards voted to get that rep?
Ok, let's wait and see what @fernandosoder says and clarifies on the matter.
Nope, not at all. HP is HP regardless of the Hive price on the market. The HP is just simple Hive that you have been earning as part of the rewards 50% & 50% of the setting you have selected when publishing a post and all the HBDs that you have converted to liquid Hive and that you have decided to Power Up.
Hmm, yes, that could be an interesting statistic to contemplate. };)
By the way... could you guess which accounts these two pictures belong to?
I'd guess they rank pretty high in the hivebuzz rankings.
Well, not so much. The first one has a Rep. of mere 60 and the second only Rep. 71. ¿Surprised?