A question to Hive users and developers. What is the incentive of investing in hiv ... by webcoop

View this thread on: hive.blog | peakd.com | ecency.com

hive-193084 · @webcoop · May 18 '23

$0.35

A question to Hive users and developers. What is the incentive of investing in hiv ...

... e if im not allowed to upvote my own posts? Say i posted 10 quality post a day and wanting to upvote all that, other people will not let me and will probably threaten to downvote my post to 0. <br /><br /> Posted via <a href="https://d.buzz" data-link="promote-link">D.Buzz</a>

👍 zuerich, guruvaj, dbuzz, iamraincrystal, richardslater, icarri, masterzarlyn28, splintercell-01, ign1te, nathansenn, gabbynhice, bloghound, rbhayes, reen213, youdontknowme, senseisar, nnn1jls, chrisrice, reginacatajay, shikika, philnews.xyz, steembatangas, catajay.vstore, angelu

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voter	rshares	pct
bloghound	2,805,824,469	10.5%
shikika	651,424,463	21%
guruvaj	126,290,904,366	100%
reginacatajay	832,826,789	90%
nathansenn	3,131,041,062	10.5%
catajay.vstore	601,089,477	90%
zuerich	435,067,210,628	10%
gabbynhice	2,931,435,421	70%
chrisrice	875,687,998	10.5%
philnews.xyz	636,011,224	50%
iamraincrystal	18,874,575,330	20%
steembatangas	618,315,608	90%
dbuzz	124,897,045,026	21%
rbhayes	2,499,172,418	10.5%
icarri	5,909,801,057	95%
masterzarlyn28	4,625,681,368	50%
nnn1jls	1,013,200,275	50%
reen213	2,112,819,153	99%
angelu	552,722,491	95%
splintercell-01	3,567,845,163	50%
senseisar	1,064,061,900	50%
youdontknowme	2,069,537,699	10.5%
ign1te	3,467,354,582	95%
richardslater	11,876,523,710	10.5%

@ahmadmangazap · May 18 '23

That's a good question. I was going to answer but @guruvaj articulated my thoughts better than I could do.

The question is, are you satisfied with the answer? <br /><br /> Posted via <a href="https://d.buzz" data-link="promote-link">D.Buzz</a>

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@guruvaj · May 18 '23

It is only “unethical” if you already have bigger HivePower. Its like the saying, baking a cake and you eat it too..😅

Downvote is a community effort to counter the abuse of use your hp and content to practically mine Hive.

If you have just a small hp, you can be ignored, but still it is always frowned upon. And as you grow your account to the strategies that you have learned, you tend to avoid “self voting”.

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@guruvaj · May 18 '23

The beauty of Hive, is that each tokens has a utility, and a reason to affect each other.
HP is a governance token in a form of a staked Hive.
Hbd is valued as 1$ worth of Hive tokens and can be put into savings to earn 20%apr.
You can burn Hive to convert it to Hbd and vice versa.

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@guruvaj · May 18 '23

The concept that, “you are not allowed to upvote your post” is just a community notion. Yes you can always upvote your post. The networks allowed it.

Remember, “downvoting a post” is a community idea that you don’t deserve the payout of that post…

A downvote can be done by group of accounts or just a single account that has greater hive power than you have.

And yes, on Hive there such a thing as “downvote war”.

But don’t worry it only happens on very few accounts for various reasons.

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@ahmadmangazap · May 18 '23

The thing is, if you provided the community with enough value, they might allow you to 100% upvote all of your posts without voting to anyone else, but your value must feel to them just as big as the amount you "take" from the reward pool.

@webcoop <br /><br /> Posted via <a href="https://d.buzz" data-link="promote-link">D.Buzz</a>

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@guruvaj · May 19 '23

The power of community! ❤️

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@guruvaj · May 18 '23

Reputation score starts at 25.
The more and greater value that you get from upvotes of your posts the greater reputation score that you will have.

For some, reputation matters.

Will all these affects the “ownership” of your account?

No.

For as long as you have control of your keys, you are safe.

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@webcoop · May 20 '23

Thank you very much @guruvaj for the informations and suggestions especially from your messages.
This is a community driven platform. Now my previous post haunts me “are we promoting the platform wrong”. 
 <br /><br /> Posted via <a href="https://d.buzz" data-link="promote-link">D.Buzz</a>

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@guruvaj · May 20 '23

Its quite a different experience to promote or support something that has no company and CEO.

All small efforts to onboard more users and give more uses cases, benefits everybody in a very broad sense.

It is a weird feeling.

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@webcoop · May 18 '23

$0.03

If that happens why would i put money into hive and powering up if i dont get anything in return? They say “raping the pool reward” it is the same thing if i will use that 10 upvotes to other users. What if i use 10% to upvote 10 user with 1% each. Then 30% i can use for my own. <br /><br /> Posted via <a href="https://d.buzz" data-link="promote-link">D.Buzz</a>

👍 dustsweeper, ahmadmangazap

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ahmadmangazap	0 B		25,081,251,572	14%
dustsweeper	0 B		35,521,030,653	4.2%

@adamada · May 23 '23

$0.06

You get 50% of the value relative to your staked Hive just by upvoting posts within the 24 hour period. The posts don't have to be people you like. Upvoting on posts from people you dislike still gets you the same 50% value in the form of curation rewards. Self voting is increasing that value back on your account because you get 50% and more from the author rewards your post generates, it's one way to maximize return and frowned upon because the predominant reason is just maximizing returns rather than spread the rewards across the people in the ecosystem. You can subscribe to this idea or just go your own way and upvote your stuff but both routes have their own consequences. 

> What if i use 10% to upvote 10 user with 1% each. Then 30% i can use for my own.

At your current staked HP, upvoting 1% doesn't benefit anyone. There's a threshold where only posts with 0.03$ value get a payout and anything below that is dust votes.

👍 steemseph

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@webcoop · May 23 '23

> At your current staked HP, upvoting 1% doesn't benefit anyone. There's a threshold where only posts with 0.03$ value get a payout and anything below that is dust votes.

We say I powered up to 100,000 hive power. Can I do that voting for my 10 favourite creators at 1% each then I vote myself 30% for myself everyday?

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5 replies

@guruvaj · May 18 '23

1st. Your staked hive(hivepower) earns thru inflation.
2nd. Your hp gives you power to earn as curators(those that upvotes post), meaning you give upvotes for you to earn a portion of their payouts.
3rd. Governance power. Voting for node validators, project proposals, delegation of hp to projects and earn from delegation, yes you can earn from delegating hp.
4th. Help others without giving away any satoshi from your hive wallet.

I can expound other reasons if you want. ❤️

👍 webcoop

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properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
webcoop	0 B		16,852,663,455	100%

@guruvaj · May 18 '23

$0.03

You can strategize on that.
But as you grow your hp, and reputation score, your value and image in the community slowly matters.

And will decide to use strategies, other than selfvoting.

👍 dustsweeper, ahmadmangazap

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