I wonder if we really get less HIVE as price goes up because our posts and comments are being paid in HIVE right? The USD fluctuates so we do get paid more in HBD. However I guess it might be true to an extent because more people tend to be active and voting so the pool is slightly smaller.
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No, the amount one generates doesn't decrease, in fact it actually increases, take a look at the vote sizes, curators have seen a huge increase in their vote weight, this helps balance the equation on how much Hive a post can generate with the same vote weight.
I think you are wrong on that. There is only a set amount of HIVE generated each day. A portion of this goes to witness, another portion goes towards content/curation and the last portion goes towards APR for staking HIVE. I don't know if a portion of this gets paid to the DAO but it may be possible.
So the pie of HIVE that we get distributed is a fixed amount and I believe this comes from the inflation on HIVE. So in a way, the total amount of HIVE distributed is fixed. People's votes are in terms of HIVE so when the price of HIVE goes up, it just means more HBD is printed and people don't really get more HIVE as a result. On the side note, more people tend to be active during high prices so we have compete with more people and thus get a smaller amount.
So I think your wrong when we consider things in terms of HIVE. If your thinking of things in terms of USD then that is just the result of HIVE going up in price and printing more HBD in return.
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I suppose I know a little about this, however, at times like this, curators get the bigger share of the pie
Curators get 50% of what they give to the authors. So if more people are voting and creating content, the amount we get paid out is slightly less. Overall it shouldn't affect how much you get by too much but it is smaller.
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Well, thanks for the explanation, it goes a long way
We get less hive as the price increases, so technically we don't earn more during the bubbles. However, a lot of people do not actually know this, or they do and still ignored building or buying when the prices were low because they felt it wasn't worth their time.
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I agree people tend to ignore it when prices are low but I don't think there is a large decrease in rewards from making content. Of course there are more people active so we share the rewards pool with more users but I don't think it affects our rewards too much.
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It's obvious, the more pricy, the less reward, trying to build something to sell for these people when the price is going up is totally foolhardy
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I observed this also, as the price of hive increases, there less reward on hive.
The value of hive is actually still equivalent to its current pricing whether it increases or reduces, it still remains the same.
It's best to buy more when the price is low or create some more content now because with time hive goes higher and reward of hive is still the same.
Thanks for this post, it just clarifies what I was thinking.
I know what you mean, but technically that is not true:
If the payout says 10$ it is 10$, whether the price of HIVE is high or low.