HP inflation as well.
Just trying to say that it's not all black and white, someone could be selling all their hive to fund a project that takes us 200 mcaps higher, someone could be selling to ride other coins to the top to buy 50x more hive later, for people to judge them solely on KE is absurd.
I definitely see your point even better now. KE is definitely just one metric, it could be useful to make a preliminary judgement, but definitely there are more things to consider. Even extremely extractive users could be bringing value to Hive if their content is unique and attracting new eyeballs here.
For myself, I don't really chase the KE, but I do try to build up my HP :) After around a year of taking Hive seriously I made it into top 1,000 HP holders at # 832 :)
Nice, I've been trying to grow this account as well the past couple years but am unfortunately forced to also spend a lot of hive on holozing. Hopefully things turn around there soon.