Unfortunately it goes deeper than price, even though price does seem to incentivize/decentivize participation. For this reason interaction is down making it not worth the effort for lower rep user's.
The real issue is quality and the earning curve, which seems to cause larger stakes to vote crap, which ends up in trending. So, this is two-fold.
1- those that work hard see few rewards, while easy junk posts fly by them.
2- new users or potential new users browse around and see crap. This turns anyone that cares about quality and effort away.
The large stake holders need to step up if they want to see any real value. Unfortunately, those large stake holders earn enough to make a good living, even at low values, so there's little incentive in the algorithm for them to do so...
You make a very good point. I've seen too many good content creators walk away for two reasons:
Even when large vote value owners use their auto voters to vote, I would argue they shall review their authors posts much more often. Added to that it would be great if they can include others as well, ie rotating their auto votes across a larger number of quality post producers. However, what I see at HIVE (been too short a time with Leo to know how this is at Leo), many of the high value auto voters rarely change their authors they support. The result, especially those who are getting large upvotes, some to more get lazy and start spending less time and foremost effort in their posts with the result that the overall quality of content is reduced.
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I think it comes and goes in waves, the crap it is. Never it was completely gone, and it never will. I have the 'feeling' whenever we change something big, a larger group of the community takes an extra effort again.
A key issue: The amount of interactions is low, even when we see a increase in the amount of comments made to the chain. I have less pleasure in writing and publishing when interaction stays rock bottom. Result: I write and post less. Others leave the platform when they dont see a social element, while I still believe in the concept in general and don't want to let go :)
This is an old tired argument. Could there be refinements in the economics? Certainly.
But the reality is most who "work hard" as you say, expect results instantly. There are plenty of people who work hard on YouTube yet get few rewards. The same is true in all walks of life.
Why do you think it would be any different here?
The cool thing is one can change that instantly by buying more HIVE and powering it up. Stake is what determines all. If one doesn't like what is happening, then there is a simple fix.
It is the same with the witnesses: don't like what they are doing, power up and vote them out.
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🤣 that train left a long time ago? You just made my point; you can buy your way into trending or be chosen, rather than earning through quality...
The argument may be stale for you, but it's fresh for newbies, which Hive needs. Let that roll around upstairs a bit. Newbies are very unlikely to invest until it makes cents.
To start, after four years, I think it is safe to say that users will not buy HIVE. We saw this over the years. People come on here and are looking to see what they can get, not buy into something.
Also, this is what communities are for. Once people start to concentrate upon them, the events on hive will be in the background. Those who are on leofinance each day are not really concerned about what is trending on Hive. In fact, I bet most have no idea what is there.
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I haven't looked at Hive trending for weeks. Used to be a daily occurrence.
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Lol, I guess it's subjective, but I'm not sure how you rate quality. Appreciator isn't voting quality and boosts many to the trending feed.