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RE: Powering Up - An Honest Analysis of Hive that Once was Steem

in LeoFinance β€’ 5 years ago (edited)

at least that's another thousand not going into bad players hey?

Yeah, there is that πŸ˜‚ I'm kinda overplaying the gamble angle in this post as 800 hive only cost $100... but the logic follows if your spending $100 or $1000 I guess.

You know I share the same sentiment re bidbots and early miners, they're still around in terms of large stake.

Yes, the names we all dare not mention. I know exactly who they are and a few of them shamelessly swagger around making proposals and jumping on (legitimately decent) anti-abuse downvote chains like they weren't the ones who created the problem in the first place. But I guess that was my point in that their is an emerging upper middle class, for want of a better term, who if they pooled their VP could hold these people to account if they push the on button on their bidbots.

Oh what a voting war we would see,
if the bidbot boats put out to sea πŸ˜‚

Or maybe no one would give a sht and just pucker up for another round of arse kissing.

  • although with the stats I see from arcange and penguinpablo seems most are going the other way...

Not sure what you mean here @nickyhavey? D'you mean that the evil whales are all powering up as well to wage a new war with the good whales?

I've not gone near any hive politics posts, or stat type posts for nearly 6 months. Looked at a few today for the first time and it made me laugh to see the same old drama over stuff that anyone outside of this ecosystem wouldn't know wtf any of it meant.

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Ughhhhhh dude that gif 😭😭😭 haha

I guess that was my point in that their is an emerging upper middle class who if they pooled their VP could hold these people to account if they push the on button on their bidbots

Hmmm well, it takes 10 Orcas (at 50k HP) to outweigh "a whale" and 100 dolphins (at 5k HP). We have 30 ish whale accounts at 500k HP so you'd need either 600 Orcas or 6,000 dolphins for 30 Million HP to be actively involved in governance and all that jazz (6,600 accounts) - are there even enough individual people (not including the many alts) to get anywhere near this?

D'you mean that the evil whales are all powering up as well to wage a new war with the good whales?

No I mean the number of active users has gradually declined on Hive and folks seem to be selling up rather than new users coming in and buying HIVE. This is a graph from arcange's latest post

image.png

Or maybe no one would give a sht and just pucker up for another round of arse kissing.

Probably this scenario πŸ˜‚

Ha ha, yeah that gif is doozy.

are there even enough individual people (not including the many alts) to get anywhere near this?

I see your point. There isn't enough dolphins and orcas to make a dent governance wise. But I do think that some whales might jump on a campaign to stop any reassurance of the abuses of the past.

But, those stats and that graph do tell a rather damning picture. Maybe the gamble won't pay off but I guess a lot of people (myself included) have a bit of a poker mentality now... stony faced, strong hands win and all that jazz. Trying to bluff the market might not be the best strategy tho 🀣

Time will tell.

I think you're right about there being more large accounts that will jump on the bad behaviour reoccurring.

Haha, I don't mind a bit of a gamble either, wouldn't have bought BTC and certainly wouldn't have bought steem/hive either if I didn't have a "that streak" in me but think I'm at my limit invested into crypto now, time to diversify a bit 😁