Doesn't the KE ratio explain why blocktrades has such a bigger pull on his votes? Cause everyone else dumped their stake?
hmmz
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Doesn't the KE ratio explain why blocktrades has such a bigger pull on his votes? Cause everyone else dumped their stake?
hmmz
in part yes... and apparently it can't be helped, there is no way to "fix it"
I mean there is and it's quite simple and relatively cheap looking at hive's price history. Any time in the last few years it's probably been the best point to enter. I'd understand it if it pumped a lot and blocktrades would refuse to sell any, then yes it's a lot harder to decentralize stake, but even so it's a lot easier compared to others cause over 30% of the rewards pool keeps going towards author rewards and diluting whales like blocktrades.
The open door is there, I don't disagree with that observation. Making people go through it, that's "the trick" I don't know about. I mean, I preach this place on the daily, flaws and all. But making somebody think long term is not an easy task.
It could be, and its quite possibly going to happen. That you and I will be considered "the oligarchs" in the future, and the big whales will go dormant completely, for their own safety.
People just don't think longterm generally, by people i mean majority anymore these days. We do of course have many here who do and they generally do well. I've seen minnows back from 2016-17 reach six digit hp balances just from posting and curating and in a few years many of them may reach 7 digit ones if they keep at it. It's one of the benefits of staying staked, you're actively diluting the liquid hive on exchanges.
It's not like ETH is much different these days, many lock it up to earn 3-4% yearly apr from staking rewards, but somehow with a ton more usecases to your HP here some just don't wanna learn/understand that long term is the goal and current price doesn't matter much beyond how much hbd you earn from posting.