The token gap value between STEEM and HIVE is closing, have you noticed? Soon they will be neck-and-neck. Both are terrible when it comes to their values but they are doing something we are not 😞
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The token gap value between STEEM and HIVE is closing, have you noticed? Soon they will be neck-and-neck. Both are terrible when it comes to their values but they are doing something we are not 😞
... to give you a single example. STEEM Perp contracts available on 8 (EIGHT) exchanges. HIVE Perp is available only on one exchange. What is stopping Hive to list HIVE on more exchanges?
They want money to get listed (or connections which Justin Sun and his 2-3 exchanges can arrange), or fake volume which I bet Sun encourages. General sentiment has seemed like we don't want to pay for listings.
From what I've seen, money is mostly put into development and real world advertising such as the rally car and the wells in Africa. If we are doing everything else right, won't we eventually get where we need to be without the listings?
We should yeah, I'd also hope to see people move towards decentralized exchanges compared to centralized ones that can withhold listings unless you pay them which dex's can't afaik. Maybe @vsc will help with making sure hive can be easily traded on different chains.
Agreed. I'd rather see project funds used for things that can't be taken away at the whim of an exchange. For example, let's say we buy a listing then a government decides to try to ban Hive. Unfavorable attention from a country that does a lot of business with that nation could lead to a sudden delisting. Money down the drain. A dex is also a lot more appealing to people who may want to buy and sell Hive should that happen, since they won't have a kyc trail leading to their door.
Perfect! Then we can wait till exchanges offer us free listing and put a lid on our dreams to get Hive anywhere.
I don't mean to be rude or disrespectful here, but maybe those funds would be better spent elsewhere or prioritize pushing HIVE in a different direction as well, not just hand funds out to those who are selling all the minute they get their hands on it.
That's just what it has seemed like to me, @guiltyparties comes to mind as someone being very against paying for listings. I'm not for nor against it, but in general I don't like most exchanges as most are all fake and shady, I'd focus on getting on the big ones if anything but who knows what that price is and what their demands are. Some require "market makers", some require getting paid to generate volume, some require "people to be held responsible if something happens with the chain/coin" which means writing contracts and doxxing yourself.
You could argue that if we had more volume on its own we'd get more free listings cause they'd want a piece of those fees.
I'm not a fan of the last thing you said though, while we should be more careful who we curate on a wide range of things, excluding some based on what they do with their rewards would be a slippery slope. If they're active and contributing in many ways they could sell all for all I care, it's not that much and the effects aren't high in the big scheme of things and in the end those hive rewards won't come as easy later with more users competing for them, inflation being lower and price potentially higher leading to smaller votes which means less stake. So in the end they'd be the ones regretting their actions and not getting back the stake they were rewarded once (compare it to people who bought bitcoin/eth at $1 but sold it for $1-10).
I'd argue those getting "easy/no effort" rewards and holding them and growing large is worse than the example above.
I wasn't referring to curation and I don't want to get into specifics either at the moment.
Fair, at current times the DHF is taking a lot of value compared to author rewards, it being in HBD probably makes it easier to be sold as well.
There's some things I take issue there as well, seeing some accounts socially maneuver their way into extra funding where they're "well off" from HBD extraction alone while they also get hive in many ways while providing little to debatable value in exchange isn't fair to stakeholders being diluted by that activity.
I also think that selling hive is a lot easier than buying it. It's sad but true, for instance many I've talked to tell me "I'm just trading it for x coin so I can ride that all the way up then trade back for Hive" and I keep thinking, okay but will you actually do that when the time comes? Did you do that in the past? The answer is usually no.
Exactly!
As about the first part of your comment, I agree, there's a lot to say there and maybe reviewing where those funds go and what are the benefits, would be a smart thing to do.
Do people still use exchanges? I don't.
Where else would you trade with leverage?
yes I stated that we're only a few ranks above them
and what is that?
I wish I knew, I don't look 'over there' anymore, a lot of it is written in languages foreign to me.
They're doing what I mentioned I guess, only investors are getting inflation while "delegation" services get a cut. It's bid botting without the need to send bids. So compared to here where we have working curation and a lot more stake is being spent on authors no matter their stake or investment, there it's just investors getting the rewards.
Also the DHF has a cost, to develop things we need to pay people, they don't have any development hence no payment necessary (or even possible).
I'd take a lower hive price than Steem any day as long as we're working on the endgame and being fair along the way, the rest will take care of itself later. Outsiders may get tricked by the price, though.
One thing with HIVE is that you can be seen even when starting out. I don't actively look for new people any more but if I find one, I do try to give them some votes and support.
Nothing? I don't look so can only second guess.
As @gandalf stated in the hivefest panel, the only thing they'd changed in 4 years, that's visible on their github I assume, was changing some ram usage/requirement from 64mb to 300 or something. 🤷♂
@slobberchops - let me show you exact changes.
"Latest" changes are for Dockerfile and github workflow
but for core itself it's not even code. Just config.
https://github.com/steemit/steem/commit/8d26f079e4d9b42225e1576064a8b28fe330f955
And yes, that's it.
I thought that chain was basically dead?
I wouldn't know, I don't look.
Neither do I, but once I checked the site like a couple of years ago. Nothing going on. Dead site = dead token?