Follow Friday: Hard times

in #hive2 months ago

The News

I expect that many of you will have noticed that the $HIVE price is down again, but then it seems everything is. Bitcoin is half its peak value for the last year and is falling. I do not follow things enough to know the reasons, but I still think Hive has value as a platform. Price-wise it has had a couple of pumps recently, but we know that a sudden rise is rarely sustainable. I would hope that the various projects can keep going, but the economics get tougher as we have seen with @risingstargame.

Prices from @coingecko

The updates keep coming for Ecency and Peakd. @keychain have a new proposal that they hope can be the last as they look to earn from multichain swaps that will integrate Hive more into the crypto ecosystem.

Friday Follows

  • I keep mentioning comics as I think they can make your feed more entertaining. This week I saw fresh ones from @northwestnomad, @sidekickmatt and @dead-pets. What are your favourites?
  • I think that music should be big on Hive too. @breakoutthecrazy have a nice new song, so let them know what you think.
  • We are now seeing people reach ten years on this blockchain, but we can celebrate any anniversary. @godfish has an app to show when your friends will reach one soon.

The Dog House

Having an open platform like Hive without centralised moderation tends to involve some compromises. We want it to be easy to join, but it should not be easy to create loads of accounts that could be used for abuse. There is a cost to creating an account, but some of the projects will cover this if you give up some information such as an email address or phone number. I just saw that @hivewatchers highlighted a possible issue with the Ecency creation service. I have not used that, but it seems that someone is creating lots of accounts, some of which create spammy posts that are just trying to influence search engines. There is some discussion there on how big a problem this is, but someone is taking the effort to use disposable email accounts and phone numbers as well as VPNs to do this. Barriers such as CAPTCHAs may not do much when they are cheap to bypass with AI or human resources. There is a constant 'arms war' to try and deal with this.

I do wonder if accounts should have a higher cost as they can have a lot of long-term value. Some people may already have created thousands by other means. I could create many more by using resource credits to get account creation tokens. Anyone with enough HP can do this. How you do it depends on how traceable you want to be.

There is also a cost to posting, but it is pretty low now so that most people can post and comment as much as they want. As I understand it the cost would rise if things got too busy. You can mute accounts you do not want to see, but if there are thousands then it could be a problem.

The End

I will be attempting to produce a fresh #BritList this weekend as I try to get old scripts working on my new PC. I have seen a few people return to Hive recently after long periods away, so perhaps we will see numbers go up again. We need new people too and I can create accounts if anyone needs them.

How are you feeling about Hive these days? Obviously I am still enthusiastic, but that is more about the connections I have made than what I can earn. I value a platform that does not try to exploit me. I feel that I can do good here by supporting others.

Hive five!

The man behind: @tenkminnows: Helping good Hivers level up

@proofofbrian: A bot that checks for tag typos

#BritList: A monthly list of Hivers in the UK

Sort:  

Thanks for mentioning @dead-pets and the birthday tool :)) I have a few more apps in mind, let's see when I find time to code them :)

Bravo! Interesting idea, interesting app.

Thanks :)

👏👍🙂

I'm impressed by what people are producing lately. More reasons to be on Hive!

!PIZZA

The price is disappointing but I’m here because Hive feels very different to other online communities which can feel overbearing at best. I’d like to say thanks to @blocktunesdao this week for the royalty system that songs can generate for creators. That’s encouraging as I close in on 6000HP (nearly, might still be a bit of time before I do)

Also this:

https://ecency.com/@blocktunes/come-drop-some-bars-blocktunes-on-chain-microblog

I like this!

They are doing some interesting work that could attract more musicians here. We need to make them welcome.

The only way we can do that is to help Blocktunes along on their journey and I’m going to write a post on this shortly.

Shame about the price. I don't pay too much attention to other cryptos, but it seems that most are struggling. It is reassuring and good that there are still dedicated people here on Hive building. Building great things in hopes that one day the Hive price will reflect how great this community is.

It has been a while since I have read some comics, so I will certainly check out those you have mentioned.

Happy Friday, have a good weekend.

I try to fill my feed with fun stuff and the comics are part of that. I have followed some of them for years and even bought physical copies.

yeah the account creation problem was first with inleo , I don't see hivewatchers mention that in his post if that is still a problem or not.
Maybe a we should aply a cooldown time in between creating an account , if the email adress is from the same domain ?

I don't know the situation with InLeo, but there have been various options for free accounts. Once someone has an account they can do what they want, so we need to be careful.

Re hive and its value maybe that reply can also work here:

https://peakd.com/hive-125125/@uwelang/re-igormuba-tg7r5s

People have been discussing the DHF and also the basic issues with the Hive name. As I said, Keychain are looking to be self-funding soon, but other projects also have to justify what they get. That's out of my hands.

The current price is two to three times higher than it was when I took a break from the blockchain and cryptocurrencies. Having just returned, I feel more at home now that I understand it better.

I have given up on Medium completely. Although earning isn't my main goal, I'm lucky if I get $0.02 per story.

Substack is good, but the authors who do best are those who write about earning on Substack.

I like that on Hive most people are not talking about the platform all the time, but then you can earn well if you do.

Gone are the days, when you would invite friends and family around for the evening, boot up the slide projector and bore the bollox off everyone for hours showing ones holiday slides.

As I do not use social media this is the only place anyone can see the images I choose to display, so none of my family have even seen them! This account is not going to make any money in my lifetime, so it is a useful repository for me. It will become my legacy, my will contains my keys and my kids know my password, so they can have a look when they want to see what their old dad got up to before the eternal blackness!

Hopefully by then the value will increase and they can choose to keep it or drop the lot to one of the trading platforms I have.

My family are not on here either. They are not really into social media.

Price-wise it has had a couple of pumps recently, but we know that a sudden rise is rarely sustainable.

We need a stedy increase in price, but for that we need the more demand to use hive.

Any word on what is happening with Rising Star? Is it fully dead or are they still trying to transfer ownership?

@Jux is working with @wagginston on rebooting it. I expect there will be more posts on progress.

No doubt the price of HIVE will fall, not only HIVE but the price of all major coins follow BTC and ETH mainly. Almost all coins moves somewhat in the same direction. Ofcourse there are a few coins who are green even when the whole market is red, but isn't it obvious that there are gonna be some exceptions ?

Yes, but what decides if they go up or down? Obvious a lot are just about hype, but Hive has utility. I think it's okay if a few die off as there are too many.

Yes agreed

Update: @steevc, I paid out 18.207 HIVE and 0.000 HBD to reward 15 comments in this discussion thread.

Following btc dump as usual, it's just that it never follows the pump

For sure it is a challenging time for $HIVE and the broader crypto market. I wonder about how the long-term potential of Hive as a platform will be.

What do you see as the potential of Hive?

I was excited before as a blockchain-based social media was a great idea to me; however, it has not attracted as much attention as we had hoped over the years. Let's see...

It has always been up to all of us to promote it, but too many people just chased their own earnings. That is self-defeating. You need an audience and not just creators.

PIZZA!

$PIZZA slices delivered:
@steevc(1/5) tipped @godfish

Send $PIZZA tips in Discord via tip.cc!

hive seems solid

Congratulations @steevc! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You got more than 94500 replies.
Your next target is to reach 95000 replies.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out our last posts:

Feedback from the June Hive Power Up Day
Hive Power Up Month Challenge - May 2026 Winners List
Be ready for the June edition of the Hive Power Up Month!