We're going on pause for a little bit. Here's why.
Those expecting articles today from @freevestor and this account covering Technical Analysis of the crypto, FX, and Hive Engine markets will be disappointed to know that there will not be any articles published. There are a few things that need to be cleared up and a few things that need to be fixed.
Chart Confusion
Those who have read our Hive Engine and FX articles may have been left confused due to the charts either appearing far too zoomed out, containing too much data, and the charts had a time axis that may be considered confusing (cases of right data associated with the wrong time on the X-axis).
This is something that is taken very seriously. A lot of work on the back-end goes into making these charts, determining technical analysis movers, and aligning it with the right copy.
So, there is work to be done to fix this so that you can have better images to improve your experience reading the article. Readers are supposed to view the image and the accompanying analysis in tandem.
This is not an issue that is in the articles concerning cryptocurrencies.
Fraud Allegations are Holding Things Up
Apparently, @coincharting and @freevestor have been accused of criminal and civil offenses. This is a false accusation that is on the blockchain and is seemingly immutable.
Fraud is not a matter of opinion and in this context, it is a legal term and it is important to be careful when using such language.
This whole situation is based on a misunderstanding and this is an opportunity to be transparent (just like the recognition of the issues with the charts). The Explainer Article may not have been enough for some parties.
All images (including charts) are made in-house.
Chart images are NEVER re-used. The whole point is to put out a daily digest using up-to-date data to fill these charts. These articles/charts are meant to be read and examined. This is a smart community that would spot the problems with the charts and analysis quite quickly. Different cryptocurrencies, tokens, and currencies are featured daily.
It would be a massive disservice to the audience to publish any chart with associated text that is filled with misinformation. It is counter-intuitive to building a following.
The Textual Content is Only Repetitive When Taken Out of Context
There are elements that are repetitive for hygiene factors. The whole point of the introduction is setting up the audience for what to expect and there no flourishes about what this is, it is dry Technical Analysis and there is no intent to veer off that course. It is also important to point out each time that Technical Analysis is used by some traders/investors. The introduction is not supposed to be very important for these articles.
There is a legal disclaimer BEFORE anyone gets to view the analysis. The legal disclaimer in the articles that is the same for every article. Whenever presenting any sort of an indication that a financial instrument of any kind is moving in a particular fashion and this may inspire traders/investors to take action in a certain way, there must be a disclaimer like this encouraging readers to seek out professional guidance if needed and to perform their own due diligence. It is the ethically and legally correct thing to do as these articles are not a substitute for financial advice. To call this sort of a disclaimer fraudulent is a reckless practice.
Disclosures of holdings and positions will be included will be made upon release of the next article.
It is important to keep the focus solely on the Technical Analysis as veering off in any other direction would be too opinionated for what is to be accomplished by these articles. Every article is presented in a fashion that assumes that the reader is there for the first time. The objective is to interpret the chart and what a possible response by an investor/trader may be given the trend. Given that these interpretations are very cut and dry (by design) there is bound to be repetition. However, there is no content that is being "copied and pasted" from one previous published article to another (this is actually quite insulting to the back-end work that was put into this project and the future work that is to come). The chart image and text must align with each other, this is so important.
Context is King.
What is really happening is that the text accompanying the charts is in a basic Markov Chain. There are a number of explanations for each of the charts and they are triggered and randomized when certain events occur. The objective is that the articles are not mind-blowing works of prose nor are opinion pieces. The objective is to explain the chart and tell you what the chart says. That's it.
There are going to be repeated explanations across articles or even in the same article because there are a finite number of explanations for each indicator. However, these explanations have UTILITY. The objective is for the reader to glean the knowledge of which tokens, cryptocurrencies, and currency pairs have made sentiment altering movements with various technical studies on a given day.
More dry explanations will be added to the mix, but this is supposed to be a daily digest that fills a void. It is informative, much like Technical Analysis updates one would get in their inbox from charting services like AutoChartist.
And yes, the text statements are custom-made and designed to have a human voice. They are not plagiarized from any source.
The FX and Hive Engine Technical Analysis articles will be fixed and hopefully this quandary will be straightened out so that these informative articles can resume.
Charting and opinion posts like these have been abused in the past, they are not popular with some stakeholders.
The pool is of finite size, automated posts take away rewards from the not automated authors.
Ergo, posts that look 'low effort' will attract attention you don't want.
Why can't they just say this in the first place? If rewards were declined for all posts while a project was being built to replace the daily articles, would that suffice?
I'd suggest burning rewards.
That way only the author rewards are lost, the curation rewards remain.
The anti-abuse community has a poor record of delivering a calming bedside manner.
However, their mandates do make sense.
Lots of discussion and practice has gone into this over the last 6 years.
Thank you for explaining this so well. There were far too many accusatory terms and generalities used for a situation that required far more specificity and candor.
This helps a lot.
I'll go into account settings and have it set to decline payouts and hope that Beem doesn't overwrite that setting.