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RE: What keeps me from reinvesting back into HIVE or LEO

in LeoFinance3 years ago

Then they create ways to pay for this deferred whether that be through advertising or data selling or whatever.

That's the point, though. It really is not a sustainable model to have such an expensive overhead without some kind of data selling or advertising. Otherwise, investors ain't gunna be interested.

Hate to break it to you @cryptoctopus, but...the current model is deliberately and specifically designed to promote AGAINST the concept of investing you are referring to, thereby freeing up a larger quantity of voting stake for a larger quantity of smaller players, thus resulting in a more consistent and happier growth pattern overall -- with regard to quantity of active users. The average blogger isn't powering down. They're just watching that shit grow. And telling their friends.

And with this in mind, if there ISN'T a larger game plan to harvest our blood for something later, such as advertisers, I'd be surprised, and also disappointed. Cuz that's what I'd do. Or some other function that brings in the attention of larger investors. Such as using the user as a data mines or something. Anyway, I am sure they've got a game plan. And I'm certain that's it. It's the only one that makes sense.

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I agree. Although, I do think hive is thinking longer term and bigger picture than it has in the past. The value of the HBD has gone up, and partly due to the fact that they have changed how posts are curated, and more decentralized. It's smart. It's a smart move -- assuming there is a long term plan for all the new users that join. And I'm sure there is.

famous writers and authors finding use in it. I think it would have already happened.

I dunno. I disagree. I think the only way to get influencers in here is marketing to them. If they knew about it, they'd be here. Period. They would bring their followers as well. I think we want them here, but we also are only so big and can handle only so much at this point.

We gotta grow incrementally, imho.

Why aren't those people still here?

Cuz we aren't very big. There is not a lot to pluck from here yet. You still have to invest
a lot here to get huge upvotes, for the most part. And that formula doesn't work as much anymore The formula here is not based on any advertising or "thumbs up" algorithm they can hack. And it's too much of a guessing game on getting followers. It's just not something they understand or want to fuss with. So they leave.