 ## Introduction I use to own more than 200,000 in STEEM/HIVEPOWER. A couple years ago I divested everything and move my capital elsewhere. Back then, there were some bad people destroying people's account just for disagreeing with them. Now that I contemplate whether or not I should reinvest heavily. ## What keeps me from it ### 1. Staking Rules So, what If I were to put everything in LEO/HIVE and powerup? First, I would lock my crypto for 3 months. That's a MAJOR no no for me. The opportunity cost is too high to lock my crypto there. There are plenty of staking going on out there and all of them allow you to divest quickly. This rule keep any rational investor from ever staking. The only people who do are a hardcore believers. Knowing that, what are the prospect for capital appreciation of the token? Very low indeed. This project is bound to stay a small cap project as long as the incentives goes against rational investing. ### 2. I Value Yield Let's say I bought a 90 day HIVEPOWER delegation from Blocktrades to see if I can get a yield on it. 1 BTC would give me 473818.543 HIVEPOWER. - Initial investment: 1BTC -> $55K - Vote at 100%: ~15.25 - Maximum reward: $150.25 a day (10 self vote a day) - Total reward over 90 days: $13,500 So even if I were to be a selfish bastard and vote of myself to get a yield I would have got a negative yield of -75.45%. That's assuming the value of HIVE doesn't tank as I does when the market goes bear. ## So what's in it for an investor? So you get your money locked for 3 months in the most fast paced and changing environment(crypto). Knowing there are other rational investors out there, what are the chance for capital appreciation beyond that of BTC and ETH? Finally, in terms of yield, there isn't anything there that would create a strong incentive for people who want to grow their stash by investing in the platform. ## Tell me why I'm wrong It's been a while since I spent time in the HIVE ecosystem. Maybe things have change and the tokenomics have changed while I was gone. Please tell me how I can rationally invest my money in HIVE in the current environment. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@cryptoctopus/what-keeps-me-from-reinvesting-back-into-hive-or-leo)
author | cryptoctopus |
---|---|
permlink | what-keeps-me-from-reinvesting-back-into-hive-or-leo |
category | hive-167922 |
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created | 2021-10-08 10:54:45 |
last_update | 2021-10-08 10:55:42 |
depth | 0 |
children | 22 |
last_payout | 2021-10-15 10:54:45 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 11.624 HBD |
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pending_payout_value | 0.000 HBD |
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author_reputation | 365,406,972,531,657 |
root_title | "What keeps me from reinvesting back into HIVE or LEO" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 106,874,382 |
net_rshares | 20,216,968,604,546 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
simba | 0 | 90,727,441,191 | 100% | ||
yefet | 0 | 1,122,897,935 | 11.4% | ||
cryptoctopus | 0 | 1,353,734,941 | 100% | ||
nanzo-scoop | 0 | 8,661,240,770 | 100% | ||
mummyimperfect | 0 | 112,943,942,375 | 100% | ||
ak2020 | 0 | 44,985,839,373 | 100% | ||
grandpere | 0 | 34,140,107,887 | 100% | ||
emily-cook | 0 | 3,221,714,435 | 100% | ||
hitmeasap | 0 | 110,385,642,629 | 100% | ||
drbec | 0 | 152,583,749 | 100% | ||
jphamer1 | 0 | 4,406,275,531,612 | 100% | ||
stevescoins | 0 | 11,904,964,120 | 100% | ||
uwelang | 0 | 18,125,458,844 | 2.4% | ||
littlescribe | 0 | 23,422,136,955 | 100% | ||
t-bot | 0 | 2,030,574,629 | 100% | ||
sandro | 0 | 28,915,856,568 | 100% | ||
builderofcastles | 0 | 25,132,328,921 | 25% | ||
ahmadmanga | 0 | 651,417,807 | 8.4% | ||
mafeeva | 0 | 136,710,368,357 | 100% | ||
mow | 0 | 1,338,663,375 | 100% | ||
chappers | 0 | 518,395,790 | 100% | ||
denmarkguy | 0 | 303,491,790,706 | 100% | ||
radiv | 0 | 525,733,367 | 10% | ||
diggndeeper.com | 0 | 5,081,762,136,817 | 100% | ||
oluwoleolaide | 0 | 65,886,677,211 | 70% | ||
l337m45732 | 0 | 1,460,133,287 | 39% | ||
treetoptennis | 0 | 13,083,873,509 | 100% | ||
ew-and-patterns | 0 | 86,068,757,150 | 10% | ||
joeyarnoldvn | 0 | 574,659,922 | 1.66% | ||
warfeed | 0 | 709,130,729 | 50% | ||
dante31 | 0 | 857,849,806 | 6% | ||
hope-on-fire | 0 | 152,113,344,904 | 26% | ||
jorgevandeperre | 0 | 1,247,342,348 | 50% | ||
duekie | 0 | 3,963,505 | 100% | ||
bahagia-arbi | 0 | 3,146,141,881 | 12% | ||
argon | 0 | 1,058,294,533 | 25% | ||
roleerob | 0 | 24,796,403,245 | 6% | ||
fatman | 0 | 7,321,788,666 | 2% | ||
espoem | 0 | 15,429,480,918 | 5% | ||
littleboy | 0 | 505,333,605,215 | 100% | ||
msp-foundation | 0 | 2,666,106,440 | 81.4% | ||
martusamak | 0 | 3,475,997,664 | 100% | ||
m-san | 0 | 3,730,948,774 | 100% | ||
mightpossibly | 0 | 11,976,074,229 | 12% | ||
vintherinvest | 0 | 11,884,983,967 | 6% | ||
stepshotfoto | 0 | 6,587,283,728 | 100% | ||
aussieninja | 0 | 150,124,748,950 | 100% | ||
aiziqi | 0 | 1,306,014,692 | 25% | ||
bala41288 | 0 | 44,760,307,107 | 6% | ||
minerspost | 0 | 3,900,151,388 | 100% | ||
bil.prag | 0 | 0 | 0% | ||
m2nnari | 0 | 15,686,964,233 | 100% | ||
obsesija | 0 | 1,596,676,268 | 6% | ||
elvys | 0 | 2,090,735,230 | 50% | ||
abdulmath | 0 | 14,200,229,443 | 50% | ||
jemmanuel | 0 | 6,711,307,654 | 25% | ||
gadrian | 0 | 7,390,357,258 | 4.8% | ||
tsnaks | 0 | 37,518,133,571 | 100% | ||
julialee66 | 0 | 1,637,621,900 | 6% | ||
flyinghigher | 0 | 44,747,993,885 | 100% | ||
xawi | 0 | 1,370,070,132 | 6% | ||
jancharlest | 0 | 6,036,801,015 | 100% | ||
commonlaw | 0 | 4,735,512,004 | 35% | ||
justinmullet | 0 | 7,300,745,086 | 100% | ||
gaottantacinque | 0 | 271,294,372 | 100% | ||
shortsegments | 0 | 888,278,046 | 0.6% | ||
olumzy | 0 | 12,558,562,722 | 3.6% | ||
rant85 | 0 | 1,224,673,732 | 100% | ||
gallerani | 0 | 699,085,585 | 12% | ||
filterfield | 0 | 4,285,073,675 | 100% | ||
richestroomba | 0 | 1,626,758,060 | 100% | ||
scribdbloat | 0 | 69,564,744 | 100% | ||
updatedanthology | 0 | 71,815,483 | 100% | ||
amphora | 0 | 845,966,007 | 100% | ||
expectantfig | 0 | 1,219,350,215 | 100% | ||
izzynoel | 0 | 844,678,603 | 50% | ||
rilo | 0 | 1,124,849,711 | 6% | ||
gasaeightyfive | 0 | 401,281,686 | 100% | ||
riottales | 0 | 856,254,087 | 50% | ||
marcocasario | 0 | 17,430,551,127 | 15% | ||
voter001 | 0 | 2,646,849,371 | 3.5% | ||
voter007 | 0 | 158,281,961 | 100% | ||
cribbio | 0 | 582,453,646 | 100% | ||
javier.dejuan | 0 | 790,710,097 | 100% | ||
sbi8 | 0 | 61,803,293,190 | 31.64% | ||
rosauradels | 0 | 283,553,408 | 100% | ||
banat | 0 | 2,429,714,044 | 12% | ||
navyactifit | 0 | 1,536,392,789 | 6% | ||
flyingbolt | 0 | 849,032,989 | 12% | ||
rituraz | 0 | 700,990,028 | 100% | ||
scoopstakes | 0 | 26,926,698,938 | 100% | ||
nanzo-snaps | 0 | 17,856,145,905 | 100% | ||
steemitmonsters | 0 | 1,061,395,728 | 100% | ||
steemstreems | 0 | 17,570,815,532 | 25% | ||
hashkings | 0 | 1,757,571,908 | 1.8% | ||
daniel-vs | 0 | 683,881,557 | 12% | ||
edian | 0 | 677,148,391 | 12% | ||
tina-vs | 0 | 665,306,872 | 12% | ||
engrsayful | 0 | 1,409,809,091 | 4.8% | ||
gadrian-sp | 0 | 4,734,563,918 | 4.8% | ||
isaaclim | 0 | 4,810,505,516 | 100% | ||
haxxdump | 0 | 124,859,427 | 10% | ||
travelwritemoney | 0 | 1,857,370,171 | 12% | ||
sanjatea | 0 | 734,933,489 | 12% | ||
leo.voter | 0 | 7,264,820,855,243 | 12% | ||
bala-leo | 0 | 1,004,957,693 | 12% | ||
babytarazkp | 0 | 3,641,805,630 | 40% | ||
agro-dron | 0 | 1,186,614,609 | 12% | ||
logiczombie | 0 | 523,497,386 | 12.5% | ||
bastionpm | 0 | 596,454,492 | 12% | ||
kanibot | 0 | 1,333,213,559 | 6% | ||
toni.curation | 0 | 216,650,646 | 4% | ||
roamingsparrow | 0 | 14,158,492,911 | 50% | ||
gmlrecordz | 0 | 744,148,390 | 50% | ||
onestop | 0 | 1,880,158,253 | 6% | ||
sportal | 0 | 1,122,417,826 | 12% | ||
grad.best | 0 | 1,150,988,743 | 12% | ||
xxxxxxxxxxxxxxxx | 0 | 1,067,645,536 | 6% | ||
willielow | 0 | 3,817,176,674 | 100% | ||
leofinance | 0 | 13,231,134,436 | 12% | ||
ilcontabile | 0 | 1,721,640,245 | 100% | ||
actioncats | 0 | 10,915,095,863 | 6% | ||
beehivetrader | 0 | 511,257,719 | 6% | ||
jaguarosky | 0 | 735,391,085 | 100% | ||
improbableliason | 0 | 2,636,042,810 | 50% | ||
roberto58 | 0 | 9,675,194,850 | 100% | ||
jelly13 | 0 | 558,276,631,467 | 100% | ||
ollasysartenes | 0 | 840,614,523 | 100% | ||
hivecoffee | 0 | 18,758,745,784 | 100% | ||
borbolet | 0 | 15,581,714,203 | 30% | ||
contentisking | 0 | 9,627,165,851 | 100% | ||
leo.tokens | 0 | 1,054,635,115 | 12% | ||
loulou1987 | 0 | 23,601,116,484 | 100% | ||
jugnoo | 0 | 159,501,624 | 100% | ||
cielitorojo | 0 | 5,883,314,847 | 6% | ||
borivan | 0 | 309,341,562,958 | 20% | ||
fundacoven | 0 | 4,121,710,964 | 10.8% | ||
huzzah | 0 | 914,791,555 | 5% | ||
elgatoshawua | 0 | 1,516,204,479 | 6% | ||
nyxlabs | 0 | 2,393,178,336 | 10% | ||
dwarflordnoj | 0 | 665,484,402 | 1% | ||
cryptololo | 0 | 1,210,017,700 | 10.8% | ||
broadhive-org | 0 | 1,134,344,523 | 6% | ||
samuelmarcano | 0 | 944,289,580 | 100% | ||
mahuampionlinemg | 0 | 2,390,253,996 | 100% | ||
davidbright | 0 | 986,965,164 | 30% | ||
kamaleshwar | 0 | 636,205,238 | 6% | ||
chandra.shekar | 0 | 1,028,830,347 | 6% | ||
kannannv | 0 | 3,112,460,386 | 6% |
I think it's way more complex than what you've outlined. How did you get a negative yield of -75.45%? You're not losing any of additional investment... are you comparing it to another yield generator? There are additional benefits to Hive... do you need content created or help with other projects that you could fund with upvotes? Are there things you'd want to build on this decentralized blockchain that could be funded (partially or fully) by the DAO? Obviously you're aware that other people could also upvote you which may result in potentially more than $13,500 in 90 days. There's also all the community tokens... so if you were voting other people and they were voting you... you might also receive LEO tokens or POB tokens, etc, which would also (hopefully) increase in value over time.
author | aussieninja |
---|---|
permlink | re-cryptoctopus-r0ny2f |
category | hive-167922 |
json_metadata | {"tags":["hive-167922"],"app":"peakd/2021.09.1"} |
created | 2021-10-08 14:39:54 |
last_update | 2021-10-08 14:39:54 |
depth | 1 |
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root_title | "What keeps me from reinvesting back into HIVE or LEO" |
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post_id | 106,878,481 |
net_rshares | 0 |
The negative yield would be that I would have turn 1BTC ($55K) into $13,500 by buying delegation from 90 days delegation from blocktrades. If you are an investor who want to add capital to a project, HIVE seems to be the worst choice to get a yield. It locks your money away for 13 weeks, you have to be super active to "maybe" make money and when the market turns and you need to lock in your gains or prevent loss, you are roadkill for 3 months.
author | cryptoctopus |
---|---|
permlink | r0o8af |
category | hive-167922 |
json_metadata | {"app":"hiveblog/0.1"} |
created | 2021-10-08 18:20:42 |
last_update | 2021-10-08 18:20:42 |
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last_payout | 2021-10-15 18:20:42 |
cashout_time | 1969-12-31 23:59:59 |
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root_title | "What keeps me from reinvesting back into HIVE or LEO" |
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net_rshares | 139,582,738,871 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
aussieninja | 0 | 139,582,738,871 | 100% |
Ah I see, I understand now. You could just put your BTC into HBD and put it into Savings to earn 10% if that's what you're after. Withdrawing funds from the savings account takes 3 days. I'm not sure Hive is really designed for yield. It's a decentralized social media platform. It's to help people become financially independent and to help developers use blockchain technology without fees.
author | aussieninja |
---|---|
permlink | re-cryptoctopus-r0oigf |
category | hive-167922 |
json_metadata | {"tags":["hive-167922"],"app":"peakd/2021.09.1"} |
created | 2021-10-08 22:00:21 |
last_update | 2021-10-08 22:00:21 |
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children | 0 |
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root_title | "What keeps me from reinvesting back into HIVE or LEO" |
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net_rshares | 0 |
True and the " doing something part" is a problem. Does that count as work or an investment? it doesn't feel passive to me. Feels like work and you have to be good at it. Quite different from other crypto investments i think. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@mykos/re-cryptoctopus-2rxw3v)
author | mykos |
---|---|
permlink | re-cryptoctopus-2rxw3v |
category | hive-167922 |
json_metadata | {"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@mykos/re-cryptoctopus-2rxw3v"} |
created | 2021-10-10 08:09:33 |
last_update | 2021-10-10 08:09:33 |
depth | 3 |
children | 0 |
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cashout_time | 1969-12-31 23:59:59 |
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root_title | "What keeps me from reinvesting back into HIVE or LEO" |
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In many aspects, you are completely right. But it describes only a one-sided situation. I am a creator. I engineer photographs that can take sometimes 20min or more even just the exposure time. Then writing an article around it and posting it can result in an effort of an hour. In my normal day job that hour defiantly results in a higher ROI for that hour. My passion is photography and if I see it as an optimization curve, Hive sits at that sweet spot where gaining access to crypto and being rewarded for it is way better than posting it on Instagram or Facebook. Yet to put in more money as you ask is hard for me too. I wish there would be more traffic and more creators. Only then I can see that the angle for an investor gets satisfied at the same time as a creator. Many here wait patiently for the moment Hive shines in the Light and millions onboard to Hive. Not sure when or even IF that will happens. I share my content on Twitter but with very little exposure. So it is not going to come from that direction. There is a scenario where you will not find the ROI one would get with other Alt cons or simply BTC. If you don't find a second reason but the financial interest it will be hard to justify at this moment. Even for me, it's still just a passion project with my hand on the hand brake. I have seen many doing just the same and give up just the same. As sad as it is. I do as much as I can as an individual to help the growth - I do so much only. I totally get you! https://gunnarheilmann.com/wp-content/uploads/2020/02/LightPainting-GunnarHeilmann-setup-photo-behind-the-scene-makingoff-1-900x300.jpg
author | gunnarheilmann |
---|---|
permlink | re-cryptoctopus-2021108t201720781z |
category | hive-167922 |
json_metadata | {"tags":["hive-167922","leofinance","crypto","money","finance","investing","hive","hivepower"],"app":"ecency/3.0.19-vision","format":"markdown+html"} |
created | 2021-10-08 18:17:21 |
last_update | 2021-10-08 18:17:21 |
depth | 1 |
children | 0 |
last_payout | 2021-10-15 18:17:21 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.576 HBD |
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root_title | "What keeps me from reinvesting back into HIVE or LEO" |
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author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
cryptoctopus | 0 | 1,325,806,465 | 100% | ||
niallon11 | 0 | 976,868,951,860 | 100% | ||
senseiphil | 0 | 27,563,207,486 | 25% | ||
fabiarte | 0 | 581,748,628 | 100% | ||
rejicoronado | 0 | 746,888,446 | 100% | ||
rainkitty | 0 | 1,869,035,173 | 50% |
The value is being created in Layer 2 projects, not staking Hive. BTW, I do not think that HP lease is a good measure (without checking if the rates you used are up-to-date with post HF25 world where you cannot earn on "curating" optimally by finetuning the timing on big accounts) as the HP lending industry is simply no longer attractive. Going back to your question, the social media side of Hive is still shaky but it is a gateway to various DeFi/GameFi operations (CubFinance, dCity, Splinterlands).
author | jelly13 |
---|---|
permlink | re-cryptoctopus-r0ns06 |
category | hive-167922 |
json_metadata | {"tags":["hive-167922"],"app":"peakd/2021.09.1"} |
created | 2021-10-08 12:28:54 |
last_update | 2021-10-08 12:28:54 |
depth | 1 |
children | 0 |
last_payout | 2021-10-15 12:28:54 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
promoted | 0.000 HBD |
body_length | 506 |
author_reputation | -23,210,583,863,489 |
root_title | "What keeps me from reinvesting back into HIVE or LEO" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 HBD |
percent_hbd | 10,000 |
post_id | 106,876,161 |
net_rshares | -4,692,670,837,652 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
balte | 0 | -3,831,477,451,476 | -30% | ||
barmbo | 0 | -344,265,125,987 | -100% | ||
kirstin | 0 | -447,708,004,144 | -100% | ||
levi-miron | 0 | -69,220,256,045 | -100% |
I'd sure like to see some engagement on this question. I've dropped it in the Leo page. I'll hunt around and see who else wants to comment, later on. When I'm back from work. LOL.
author | littlescribe |
---|---|
permlink | re-cryptoctopus-r0nu1a |
category | hive-167922 |
json_metadata | {"tags":["hive-167922"],"app":"peakd/2021.09.1"} |
created | 2021-10-08 13:12:48 |
last_update | 2021-10-08 13:13:15 |
depth | 1 |
children | 0 |
last_payout | 2021-10-15 13:12:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 HBD |
curator_payout_value | 0.000 HBD |
pending_payout_value | 0.000 HBD |
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author_reputation | 56,315,797,877,090 |
root_title | "What keeps me from reinvesting back into HIVE or LEO" |
beneficiaries | [] |
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post_id | 106,876,961 |
net_rshares | 0 |
The only reason I can think of for someone with money, to be asking a question as to why they should invest their money in a thing, when they could easily be investing it in another thing, is because they are intrigued by the thing first, and growth second. Under the current vote-up model, there is no real immediate incentive for investors. You would be correct. The current model seems to be designed to entreat more organic, interactive, and creative growth for the purpose of attracting more of a "mainstream" user. If I were Hive, this would be my primary goal--to expand and mainstream the userbase. What good is an engine that drives itself into the ground on inflated-auto-self-upvotes? I agree with @mykos in the pyramid aspect. It's either going to be pillaged quickly by a few, or slowly by many. But pillaged it will be. Unless....it is mainstreamed productively. And as we know, what this platform offers that ordinary social media platforms do not, is the introduction of the DAPP, the introduction of an intrinsic and independent economy, and the potential for smart media contracts. Decentralization could be another potentiality as well, but it's not completely unique. If I were Hive, I would be asking you for money to invest in marketing, onboarding, CENTRALIZING of utility of the DAPPS, and simplifying the interfaces and exchanges for a more common hooman to use. I would be creating a central hub, or "fiverr", as it were, where devs and business owners alike could mingle. Meahwhile, attracting more mainstream users via the "blogging" DAPP as a great way to bring more people together in a field for business owners to harvest from, through their advertising. Incentivizing bloggers (non-investors) through upvotes and a supportive community isn't going to do squat without a long term growth plan on how we bloggers will be farmed for some kind of value in return. Sell our information like Zuckerberg and go to jail. I don't care. But we bloggers have value that is not intrinsic. It must be harvested. We must be lured into your games, your programs, your support groups, your gimmicks, and your products. There is the value. We are the consumer. We buy things. We use things. We watch things. We eat things. WE are the ones contributing to this economy. WE are the real value. And WE are the real reason you want to invest. But blogging and voting this place to the ground will not do any good long term, as the HP will be powered down every time -- unless there is a game plan to add value by bringing in users who buy stuff from business owners, and business owners who buy stuff from devs. The value of HBD will increase as people invest in this idea of centralizing the DAPPS hub, strengthing and growing the blogging community, and decentralizing the distribution of the coin. As far as I understand it, both LEO and KOINOS have a plan to do all or most of the above. I don't know about Hive.
author | littlescribe |
---|---|
permlink | re-cryptoctopus-r0p17i |
category | hive-167922 |
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abh12345 | 0 | 520,111,204,282 | 15% |
@littlescribe i believe you're absolutely correct especially the part of centralizing the dapps under some organization or hub to promote marketing and onboarding.That the interface and wallets would need to be simple. See this is why i created bitcoin myk and bbd to be it's stable coin because i noticed one specific thing about success of social media projects. They all had one thing in common. That was they were all free to a certain extent. So if you wanted to use facebook or twitter or instagram. You'd pretty much be able to not only start using it free today. You'd be able to have the same advantages and exposure and voice heard as just about anyone else. So the problem with decentralized sites most of them. We don't have that same power. That is because there is miner inflation to pay for the servers and electricity and technical development. Whereas mainstream social media that's bypass and offshooted to some type of accredited investor or venture capitalist etc., Then they create ways to pay for this deferred whether that be through advertising or data selling or whatever. To the mainstream this will always be more appealing than what here feels more like a membership site payment. So freemium services will also outperform paid services. I believe the solution is in how we created bitcoin myk and bbd is to work just like mainstream social media. in other words work free. Now we know we can't have free. However by being a second layer solution it allows us to piggyback not just off one chain like hive but it allows us to piggyback off multiple chains for scaling issues. Through using a gateway and connecting and directing the value. now this can be a great advantage to hive in that not only would we probably prefer to use something like hive because of the transactional system seemingly feeling free although not free. it's just more appealing i believe to the mainstream or can be. The problem with every hive project is they work like the 1st layer. So if you take a tribe they modeled to try to get buyers and investors from the end user much like what 1st layer has to do to pay for miner inflation. or the operational costs. what we propose is that's not necessary. 1st layer already takes care of that. 2nd layer should be free and allow for massive onboarding and organization. So a project like bitcoin myk can grow to a billion users because we can just scale out to multiple chains and direct the economic flow to the chains we feel are efficient and more useful to the public. So our overall idea is that you achieve decentralization by default under metcalfe's law by massive growth and very good distribution which we achieve through ubi or basic income programs. So we don't have to worry about pyramid top up bottom down issues because as we can operate as a free network. We would'nt have that issue. Also remember people like Vitalik and other projects based on what Vitalik says about hive. Will always thwart that hive is not decentralized or secure. So the argument is relative again to metcalfe's law in relation to the connectivity of the nodes and how many nodes. So this is how ethereum and other systems in the crypto space will always downplay hive. They will always argue it can't achieve a clear sense of decentralization for many reasons.. However i would argue something like bitcoin myk would achieve it by the user base and distribution model which makes it almost impossible for the network not to be decentralized on a broader scale. I can get into the technical reasons why on a later time. The question then would become how can a free network make money? Well the answer is simple. I don't believe it's possible in the universe for massive networks to exist and be worth a value of zero. So that would be an impossiblity. Never in the history of networks has this occured. So then it has the again follow under metcalfe's law that the size of the network is relational to the value of the network. So you can't have one without the other. So what's more likely bitcoin myk reaches a billion users or some dpos project that is a pay to play system reaches a billion users. It's probably a no brainer the free network will reach a billion users before a paid network. *This post has received bbd coins* Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@mykos/re-littlescribe-vvrgw)
author | mykos |
---|---|
permlink | re-littlescribe-vvrgw |
category | hive-167922 |
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> 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.
author | littlescribe |
---|---|
permlink | re-mykos-r0sntv |
category | hive-167922 |
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I've only been posting for a few months, so I have no idea how things were during the Steemit days. All I know is that with over 400 Layer 2 tokens branching from Hive there are winners and losers. Regarding the winners, people staking those tokens believe in the projects attached to those tokens. Compared to returns to be made elsewhere, maybe elsewhere is better; even so, ROI is just one reason why those people stake their tokens. Just at LeoFinance, I keep reading about projects such as SPK Network and Project BLANK (name to be determined later). SPK network is meant to be a censorship-resistant multimedia platform, and we all know how much something like that is needed. Project BLANK is supposed to be a microblogging platform closer to Twitter in features and functionality. At the moment Hive has alternatives to SPK Network and Project BLANK, but these are supposed to bring it to another level. That's the impression I get from the buzz around these projects, so over timr we will see if the buzz is deserved. By now it's obvious that Splinterlands has given Hive a massive boost the last 2 months or more. It's become the number 1 ranked game in all of crypto even as Hive flies beneath the radar ar 205 out of 9468 cryptos listed on CoinGecko (which puts Hive at the top 2.2% of all cryptos listed there). Play2Earn is a big deal, and Hive can capitalize on that to find a way to gain greater visibility for the rest of the ecosystem. After all, how many Splinterlands players even know about the Hive ecosystem and blogging platforms? If they know, do they even care? And does that matter for us? The team at PIZZA is investing heavily into blockchain gaming, including getting that token integrated with another Hive game, Rising Star. Known for being "just" an engagement token, PIZZA is involved in a number of projects which are expected to bring income and new accounts. Each person has his or her reasons for investing in HIVE or LEO as investors first and participants second. Just from my perspective as a new Hiver, though, it looks to me as if all the action is at Layer 2. I'm the wrong person to consult regarding "dollars and cents" and APR and ROI, but it looks as there there are some worthwhile projects which can benefit from an injection of income to accelerate their development before they can go online. 18 months after Independence Day for Hive, there are more tribes and projects than existed during the Steemit days. Having HIVE locked up for 13 weeks before being totally unstaked is a big minus no matter who we are. However, Hive has to have something worthwhile about it to keep people at Hive even with that major drawback. Maybe the solution isn't at Hive's base layer but rather at Layer 2. If LEO isn't justifying ROI, there could be some undervalued Layer 2 token which could provide good ROI provided it has what it needs to take off. That's just my 2 Sats. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@magnacarta/re-cryptoctopus-c4xgp)
author | magnacarta |
---|---|
permlink | re-cryptoctopus-c4xgp |
category | hive-167922 |
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voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
cryptoctopus | 0 | 1,353,734,941 | 100% | ||
senseiphil | 0 | 27,698,270,400 | 25% | ||
fabiarte | 0 | 594,369,999 | 100% | ||
rejicoronado | 0 | 762,867,774 | 100% | ||
abuelacosturas | 0 | 517,645,458 | 100% | ||
abogcoronado | 0 | 647,326,720 | 100% | ||
rainkitty | 0 | 1,888,215,430 | 50% |
I'll tell you what i think. The brick wall these systems will encounter is growth. Let me explain. Networks grow based mostly on freemium service models. Every successful network uses freemium services. Netflix gives you free viewership for months. Most dept stores give you rebates and free trials. It just goes on and on. In dpos cryptos it's very difficult to make money because remember they depend on a great degree on inflation however their growth seldom keeps up with inflation. So it's never going to be enough buyers incentivized enough to participate. It's an unfortunate situation. Is there a solution? Maybe if you're a writer and you have a conclave or network. that's problematic. It's alot of if's and it's just not going to be worth the trouble for most users. So economically the posts themselves have a value of zero. Why is this? it is because most of this information posted i can get online free. So it's no competitive pricing in the market place based on this. So that means the post value themselves are completely arbitrary. So it's mostly based on the conclave. Who likes you for whatever reason. it's probably in my opinion one of the worse economic models in existence. Simply because most economic models are somewhat based on a degree of freedom despite whom you are. This is not the case here. So if you have all those elements and you're self voting to kingdom come. You've invested the time growing a community of people around you. Sure your results may be good however you can see how impractical this would be for most people. This then will bottleneck down to a very minoritized group of individuals who earn well. That's why you see the same people pretty much earning on the blogs. So as far as pure investment. Well hive has struggled to obtain it's (ath) all time highs. So you can't really call that progress from an investment standpoint. The best hope would be drawing interest off the hbd and it's got many issues holding it's stable price. So my honest and professional opinion is i can only think of one project on hive that really have a chance in the future and that is bitcoin myk. The reasons are simple it's based completely on a growth system and metcalfe's law. it doesn't use social behavior to gain value. The value gained is all based on merit and although you can manually vote and move money. There is an autocuration system that makes sure everyone earns based on their merit to a great degree. It works more like a freemium model where anybody can come in and do well. So it's why mainstream social media will always be better than crypto social media. The reason being is the efficiency of mainstream social media gives everyone the same tools despite who they are and what their stake is. I can get the same services from most mainstream social media sites that everyone else can. that's not how it works on hive. Hive feels like a pyramid type business. It's always going to feel that way because it doesn't use a freemium service model. So it will never be able to obtain significant growth. So i can go on and on longer but i think this video i'm posting shows a great deal of information on what the problems and solutions may be. *This post has earned 1 bbd coin* https://www.youtube.com/watch?v=fxnaGLhHyGw&t=64s Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@mykos/re-cryptoctopus-2raacp)
author | mykos |
---|---|
permlink | re-cryptoctopus-2raacp |
category | hive-167922 |
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created | 2021-10-08 11:35:39 |
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voter | weight | wgt% | rshares | pct | time |
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cryptoctopus | 0 | 1,338,196,375 | 100% | ||
senseiphil | 0 | 25,053,600,071 | 25% | ||
fabiarte | 0 | 632,001,316 | 100% | ||
rejicoronado | 0 | 773,208,682 | 100% | ||
abuelacosturas | 0 | 532,430,682 | 100% | ||
johadejesus03 | 0 | 514,197,279 | 100% | ||
abogcoronado | 0 | 657,509,431 | 100% | ||
rainkitty | 0 | 1,888,215,430 | 50% |
If you just want yield I recommend utopis, bro, index, and dhedge on [Tribaldex](Tribaldex.com). Stroll through hive and hive engine wallets look at payouts. About 1400 utopis nets you about 20 hive a week plus additional layer 2 tokens. You don't have to stake them but you get a 10 percent bonus if you do. The others payout in layer 2 tokens and are not staked. This would provide yield without locking you up for 13 weeks. You can also put hbd in savings and earn 10 percent a month. Savings take 3 days to unlock. You can do all this for far less than 55k. Then you can decide what percentage of your yield you want to harvest and what you want to reinvest if anything. Anyway, welcome back @cryptoctopus.
author | wdougwatson |
---|---|
permlink | re-cryptoctopus-r0oohh |
category | hive-167922 |
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rachaeldwatson | 0 | 15,007,126,047 | 100% | ||
dustsweeper | 0 | 9,373,218,775 | 1.52% |
I think he knows where to find yield. He is just asking why he should invest his pennies here, as opposed to the OTHER places that have a more reliable, consistent growth, to farm his yield.
author | littlescribe |
---|---|
permlink | re-wdougwatson-r0ozs9 |
category | hive-167922 |
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created | 2021-10-09 04:14:36 |
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At the end of the day, I don't care. If anyone doesn't like this project, pick one you like. I'm ride or die.
author | wdougwatson |
---|---|
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