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RE: KE Ratio: A Personal Perspective

in Finance and Economy8 months ago (edited)

I learned about this KE metric in February, I don't remember exactly where. I know it was a link to your publication of January 24th.

An equation so simple and enlightening that it could become complex to understand. That's what discussions are for, today of course it's a fundamental tool.

The guys at @peakd have done an excellent job. I liked the initial (yellow) version better. But I understand that you have to be discreet. I don't understand why some people get upset about it. We have to take a stand, we're little men and we're in a decentralized network.

In this type of project there are always two attitudes: 1) those who want to make money now. 2) those who want to be in it for the long term, investing little by little (each with their own possibilities). Both are legitimate and deserve respect. That's why I don't see any reason to sulk about KE.

You have to understand, and respect, that those who want to be long-term see KE as something useful for deciding the percentage of their vote. It's not an exclusion. Given that there is a limit on the power (value) of the vote, it doesn't hurt that you choose to vote with a high percentage for those who have a low KE (who note that they are also in the long term). I repeat, it's not an exclusion. It's a choice.

However, there are exceptions. Few of them, given the general situation, deserve another analysis. Other metrics have to be taken into account.

I understand that there are people who need to power down for their primary survival goods, health or manage different projects at HIVE (which changes the KE value). But it's legitimate, they contribute their time and dedication. The withdrawal value is theirs, it has been earned. Therefore, their KE values deserve another look and interpretation.

Before we make any judgment, we should do some research. We're on a blockchain and here at HIVE everything is at hand. A few minutes and we're there. After all, didn't you do the same to reach your conclusions?

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It's is totally a choice.

Also I want to make it clear that is information was always there, I just made it visible. Judgement is upto the user and a personal choice.

Do I personally judge people? Absolutely!

Do I make my voting decisions based on those judgments personally? Yes, and that's my choice and it is not up for discussion:)

I know it already existed. But it was the discussion that was launched that reached the attention of more users. Hence the importance of discussions.

I also started to adopt this reading/judgment, hence recognizing the importance of this tool.

Thanks a lot 🤝

I agree. That was my intent. A simple ratio is shining so much light on investment behavior that it’s phenomenal. I never thought it will be this successful!

There's always someone who has to put the iron in the forge.

When it is like this, we all benefit from it.

Research is the intention, even in Splinterlands. That's why beakers too also offers a glimpse at the ingame-assets that the player owns, so a curator can do a quick research when the KE is high. And yes, it should be done for everyone. It doesn't cost anything to put the question under the post of someone: "Hey, I like your content, but your KE is really high. Would you mind telling me why?"
Something like that. I'd prefer people asking that. And if the answer is coherent, maybe it's even a incentive to vote higher, e.g. to support a person going through a financial struggle and trying to make some money in whatever way.

Yes, if you have any doubts during the research, your suggestion is very interesting. There is this philanthropic part at HIVE. In these cases, we will always be here helping those who need it most.

We'll see! So far, I haven't found any interesting account that has a high KE. Most of the ones I find intriguing are the ones that are under 2. Only ghostlybg is higher, but he used all his HIVE funds for SPL, and is now starting to build his HP up again since he understood was KE was about. Also a case on how the rate can make people understand. For me, it did the other way - I found out that I could use HIVE to buy SPL assets, so I started taking a part out :-D