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RE: Snakes and Hivers

in Rant, Complain, Talk6 months ago (edited)

I don't necessarily agree with the part before

they are leechess

but I agree with the part after, that if all they do is post. There are however many that can provably be shown they provide other forms of value to the chain and telling those people what they're doing with their hive feels wrong, it's like a layer of sorts, if we can fight off those getting big votes who as you said quite literally do nothing else and always sell - then later we can move on to those who do a lot but still don't hold any hp, for whatever reason.

I don't disagree that those holding more should earn more either, but in a scenario where someone has never sold and only posts compared to someone earning the same who does more than just post but also sells, I don't think one is worse than the other by much.

If people wanna come here and just provide value we shouldn't judge them on what they do with their rewards, there's even proposals where people are getting hundreds of thousands of hbd but the person has no stake and sells everything. Or some who've done something in the past but haven't grown at all since a certain amount and have sold everything they've earned the last 4-5 years after keeping a certain amount but doing nothing of value since. I.e. they have some skin in the game, an amount they consider risk enough to keep but sell everything beyond that, especially if it's earned easily for maintaining a project with tiny updates here and there pretending they doing something.

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The problem with this all is, there is a shared reward pool, so no matter how or what they are doing to earn HIVE, it also affects others. If they are also unwilling to invest into the future of Hive by owning some of the network, what will come of it? There is an expectation that people who earn will always earn, but they should be looking to be able to provide earnings for others too, right?

there's even proposals where people are getting hundreds of thousands of hbd but the person has no stake and sells everything.

This should be stopped also. So many of the proposals have just wasted opportunity.

Again, as I mentioned in another comment, it's better to just downvote certain posts cause they in and of themselves are overrewarded, sure their constant selling can affect your decision to downvote or not but it's just a bad ux to make it about what they do with the rewards IMO if they've earned them fairly. In that case a few downvotes on the post for the usual blind voters who generally overreward them is good enough on its own rather than making it about the other thing.

I generally just downvote, and then people say "they don't even leave a comment as to why". There are plenty of places downvotes could be applied, but aren't currently at least.

They won't be able to earn forever no, that'll be their loss then. Considering the reduction of new rewards every 250k blocks and the influx of new users, someone will eventually replace them from positions of earnings or otherwise drive voting power their way instead of there and they'll never manage to get back the HP they so frivolously squandered.

I'm just saying right now there's a lot worse users farming rewards with low effort that go straight to the exchanges, hurting the ones actually doing work that affects others is maybe not the right time. Their work is still more valuable than the hive they might be selling considering half of all hive sits in exchanges and is probably owned by random traders.

considering half of all hive sits in exchanges and is probably owned by random traders.

And it is probably only a handful of accounts.

ehh dunno, binance is quite big, maybe a handful of US customers however :P

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