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RE: Does Liquid Hive Power Solve One Of Hive's Biggest Issues?

in LeoFinance5 years ago

I don't know @taskmaster4450, every time one of these discussions come along, I find myself thinking that it's once again flying below the greater "story arc" that we have never clearly defined what this place IS. Namely, we seem to have an eternal identity "tension" between those who are promoting community and the blockchain, and those who are purely investors. And what's attractive to one, isn't necessarily attractive to the other.

Personally, I am perfectly content with the 13-week powerdown period. It shows someone is committed to the venue. Heck, I was even content with the very early two year powerdown. But I can also totally see how that would be unattractive to someone who just wants to make a quick "get-in-get-out" profit.

Short term/day trade type "investors" (I put that in quotes because I think of them more as opportunists/gamblers than actual investors) can be found in all areas of investing. The difference here is that when you day trade DELL computer stock, your actions don't have squat difference on the operations; the two are completely disconnected.

The true investors — the long-term holders who are there for value appreciation, stock splits and dividends (eventually) don't care what you can and cannot do over a 13-week period.

The thing I keep coming back to is to treat it a bit like vesting in a retirement program, or early withdrawal from a 12-month CD at the bank. Sure, you can have your money right away, but there's a penalty/fee of maybe 2%, 3%, 5% or whatever for immediate non-notice withdrawal. In our unique situation here, maybe that fee gets burned.

The thing that's a bit incongruent here is the fact that community building is a long term process, and immediate access to your stake... well, that's short term thinking.

Yes, I realize there are no easy answers here...

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Totally agree. I think the vested (now HIVE) saved this platform many times. There should be a price to pay for total liquidity, whether that is time (as now), %fee, or reduced posting rewards. If this platform was as popular as some mainstream social media sites, it probably would not be an issue. In its current state, it would be a very fragile state. Even from a financial standpoint to the "little man", this platform exceeds opportunities of major sites like youtube. If you are in it for the fun like me, you still want to see interaction and good posts. If enough Hive is dumped, the content and interaction will go down. A staked token to me seems riskier to me than having to wait weeks if you decide to leave. I guess time will tell.

Maybe part of the "starting point" has to exist at the grassroots level; the level where we are telling our friends and colleagues about Hive. Do we tell them they can come here to "make money" or to "build a stake in a social media platform?"

Ultimately, those two statements describe the same thing, BUT one is get the money and cash out oriented, while the other has a longer term perspective.

Admittedly, I'm here because I enjoy blogging and the whole concept of gamified social media. It's nice to be "rewarded" but I see that part more as a potential very long term "drip savings account" than anything I am currently trading back and forth.