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RE: Where does the value of Hive come from?

in OCD4 years ago

I know some people vote to optimise their own rewards, but we really have to think about the sustainability of the platform. If new users give up due to lack of support it loses credibility. If it actually grows then there's a better chance of the HIVE price going up and we all win. Selfishness could kill Hive. We both benefit from auto-votes, but I could happily live with less of them if it meant good, small accounts getting more. I may delegate more to @tenkminnows to help with that. Got a few people doing so, including yourself and others follow the trail. That's the only auto-voting I do.

We do need to emphasise the social side too. People are happy to use other platforms for no reward and Hive could be social too, although we have the 'wild west' issues of trolls etc. Just have to do what we can to make it a better place to be.

Thanks for these informative posts.

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There’s lots of people like myself in the hive engagement league that are getting out there in the trenches of the newly created posts and trying to get people engaged and enjoying the place. It’s been a lot of fun but indeed I’m doing it to improve my and lots of others long term investment. Without the new users, hive would eventually die.

Jury is still deliberating on this one (if he’s a mooch or not) but this guy was appreciative of my initial interaction with him so he bought 100k hive.

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We do need people to buy into Hive. It could give them a nice return if they curate. Smaller accounts can help seek out cool content. We have great potential, but it will take work to get there.

I could have taken that post in a few directions, I actually wrote it on a note pad, then realised I'd answered a slightly different question to the one set, but just went with it!

I agree that we need to look more at newer and smaller accounts. I just doubled my delegation to 10K minnows to hold you to that! Not much, but it's something!

I think a sensible move for new users is to look to side-chains like LEO.

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