I've been struggling watching this recent Hive pump, disturbed by the incongruity of the lack of engagement - I doubt very much if it's potential users who have been buying that hive, just speculators, and that's hardly 'engaging'.
It's so quiet around here. To depress you further, yes @abh12345's engagement league is one of the best things on Hive: I came 10th this week after not that much commenting TBH, and worse - I've physically met 3 other people in the top 10 IRL.
That's too smaller world for my liking - that engagement league used to be so much more active. Maybe people are just letting the dust settle with the move to Hive and we'll see a bit more activity come summer?
Stuff like this POSH initiative is badly needed! We do so desperately need new users to come in. Good to see these posts coming out.
I've actually found commenting on Splinterlands posts one the best ways to engage with people, on that note, it was nice beating you the other day!
Cheers!
Have a
!BEER
Good thought @revisesociology; we are generally in agreement. However, this is the way I see it:
Hive rally (I can't use the word pump, I am sorry! 😀), is of course driven by speculation. However, I urge you to think speculation is a good thing. I am using the word in its dictionary means in trading world:
investment in stocks, property, or other ventures in the hope of gain but with the risk of loss.
If we have a market. If we have a product that can be bought and sold in an exchange, we can and we should have speculation. That is what drives the outside engine of this machine. To the inside, however, we need initiatives like #posh. I like to add, #posh is nothing but a desire for better, magazine quality content. I just like people to consider writing articles that could up published in say Medium.
I will also argue, price drives engagement. Also engagement drives price. It is a chicken-and-egg problem.
PS: I don't think beer token works here yet :)
I'd like to think this was a Hive Rally, but I'm holding off until after this crazy powerdown period has passed to make a judgement as to that!
I agree that speculation is generally a potential benefit to the Hive and even necessary to our success, I'd just like to see stable and steady investment, I don't think these wild swings are attractive to the majority of potential investors.
The right kind of engagement should of course boost the price.
I got over optimistic about the Beer call, obviously it's just the token that's migrated not the call function!
Cheers anyway!
Of course it is a Hive rally, but it IS due to speculation. Any speculative rally usually wanes after a while. This one will too. But hopefully, if we keep people interested, each speculation will lead to higher prices and wider adoption. That is the hope anyways.
And at least one more in the 20 :)
It would be great to have more diversity at the top, and hopefully #posh can help with that.
I hope so!