I will share my point of view/ observations on this topic.
- The activity on Steem is increasing. People post more on Steem than on HIVE, according to recent statistics published by @penguinpablo. The answer is very simple: people earn more on Steem than on Hive because SBD is higher than HBD. Today, a friend of mine told me that he will start to use his account on Steem again because he earns there more than on HIVE because the SBD is higher than HBD. Interestingly, the higher SBD drives the price of Steem higher.
- So, IMO, if the price of HBD remains depressed more people from HIVE will start to migrate to Steem. By saying 'more people' I mean the pure content-creators who do not have HIVE power and care only about the earnings.
- Also, I would like to mention something interesting. There are content-creators on HIVE that have been always supported by some big whales no matter what they post. Most of these accounts have a small amount of Hive Power and they earn good money on HIVE just by posting. However, many of them have recently become active again on Steem (because of the money).
So, fellow Hivers, I would like to hear your point of view on my observations?
Well I would argue "good riddance" People posting just to earn, power down and sell all the hive they get don't contribute to the network much, they basically just add sell pressure. Ideally we want content creators that care about the platform and have stake and be incentivized to promote it.
'We' should stop voting folks that just dump rewards, imo.