You are viewing a single comment's thread from:

RE: Why wouldn't someone join Hive?

in OCD4 years ago

Cool, as you appear to have some invaluable ideas.

The ideas are mostly born out of frustrations of projects not listening to their users and I try to keep myself independent to maintain a balanced PoV.

Haha, OK, I only used AOL chat about 18 years ago, didn't realise it was still a thing 😆

Sort:  

Haha, OK, I only used AOL chat about 18 years ago, didn't realise it was still a thing 😆

It's my feeling that people will say the same things about HIVE in the not so distant future.

Oh really? What makes you say that?

It was explained starting at point 4:12 on my CryptoTeaLeaves video if you'd care to listen.

I watched it all and I see your points that HIVE itself needs utility and starting to see things that Hive can be used for - for example, there was a WordPress plugin recently announced (I tried it out, someone bought one of my tracks via it on the website) which does have really big implications for being able to buy things via Hive through an online website. Fans can also be rewarded through upvoting their comments on Hive and they can either use that to build their own accounts up and ditch the old Netflix subscription model (nonameslefttouse mentions this facet countless times) although I think we're a long way from that coming to fruition.

Splinterlands is also another use case and think gaming is another untapped arena for Hive to go in to.

In other comments from this thread, it's ultimately all about the Dapps, who their target audience is, how they can make the apps fun and user friendly and creating a use case for HIVE. Hive as the blockchain is basically what should be marketed to Developers to build things on and the dapps are what should be used to market to end users - this is all my opinion of course, I've only been flirting with crypto for 2.5 years, you seem to have more experience.

We are in agreement that dApps are the one possible hail mary move for HIVE. Yet the way the community has been splintered and the abandoning of support from those still on STEEM by most dApps has left a bit of a bad image for the devs of HIVE in my opinion. To me they have come off as a vindictive bunch of school boys.

Time will tell. My feeling is that this ship is sinking and my position is selling into HIVE's present demand, as those leaving STEEM put a weak upward pressure on the price, while putting 2500 satoshi sell orders on my STEEM on JS' poloniex exchange. There seems to be a 2500 satoshi spike weekly so far. Converting my HIVE to XMR and my STEEM to BTC.

OK, I know what you're saying about the split and the fact it's still fractious but looking at 6 months down the line, the two projects will (hopefully) be in totally different places and what happened will just be a part of the history. Could be a chance for new blood to come in and build some dapps, I don't know, I'm not claiming to be a fortune teller (maybe too optimistic for my own good here) but I don't believe HIVE is going to be shut down unless there's stuff happening behind closed doors that I don't know about (which has been known to happen)!

I moved over my author rewards from STEEM to HIVE and the rest of the STEEM I bought is going to BTC like you. Would love to have 1 BTC which is looking more likely with these random spikes in STEEM's price.

... but I don't believe HIVE is going to be shut down ...

Not shut down, yet becoming the AOL of DPoS, as alluded to a bit further back on the thread. I.E. Ten to fifteen thousand diehard users that cannot walk away from the connections they have made or some dApp like Splinterlands that they are invested in in more ways than just financially.

For that community my hope is that my prediction is wrong. Yet if that is the case some serious work is in store to try to put a balance into DPoS governance which contains such vast amounts of centralised stake. Stake that will be harder to see decentralisation with the SPS slush fund of JS' previous wealth. The Ninja Mined stake was not @nulled but simply moved from view from the following chart; which only represents accounts not the SPS fund. Much of that fund will find its way to V.22.2 Cabal accounts over time as it seemed to be doing on STEEM before the fork.

hive-graph-2.png