Reasons for the concentration of HP among whales

It's all about people, their mindset, and self-sufficiency. The key to self-sufficiency is mindset.

Analyzing the social structure of Hive is a pleasure for anyone interested in sociology and mass behavior. The charm of this ecosystem also lies in its diversity of people, as the project is global. It brings together a mix of mentalities, cultures, and psychological types—a kind of explosive mixture. I’m not sure something like this would be possible without the existing incentives within this ecosystem, as people typically prefer to simplify things under ordinary circumstances. Here, I’m referring specifically to the HIVE cryptocurrency. At least, it works very effectively during the adaptation phase, after which other factors come into play.

Human behavior varies across different regions of the planet with small but distinct characteristics typical of specific social groups, and it’s foolish to argue otherwise. For a contrasting example: a person living in a region where 300 days a year are winter, snow, and severe frosts cannot have the same mindset as someone living in a region with 365 days of summer, sunshine, sea, and sand. These two individuals have entirely different approaches to everyday tasks, planning, and daily routines, as well as a different outlook on life. In the first case, the conditions are extremely harsh; in the second, they are as favorable as possible.

This is simply an illustrative example and nothing more. It’s a generalized comparison applied to a social group rather than an individual, which is an important distinction to make.

Of course, there are always exceptions everywhere, but we are talking about social groups as a whole and mass behavior, not specific individual cases.

But these are all details. The essence of people's psychological types, who are at roughly equal socio-economic levels, is very similar among themselves and doesn't depend much on geographical or other factors. The behavior of specific groups can not only be predicted but also forecasted with considerable accuracy, especially when people themselves share information about their interests, passions, hobbies, etc. (hello, Web2 social networks, PC telemetry from Windows, and so on). This is also very evident in the cryptocurrency market, and not only there.

In normal conditions, a person may do one thing but claim something else, which we can call a kind of dissonance. However, in this case, the structure of the blockchain and how it works, along with tools provided by developers, make most of a person's actions transparent. For example, anyone can check the contents of any wallet on the platform, and it's also possible to trace connections and find dependencies between different accounts. In other words, claiming one thing while doing another and maintaining authority is practically impossible.

You might think that such a lengthy introduction doesn’t fully align with the title, but without it, it would be difficult to connect the information below and understand it properly. Moreover, at the very beginning, I highlighted a quote around which the theme of this article revolves. In other words, you can’t solve mathematical equations involving multiplication if you don’t understand what multiplication is.

Ideally, the article on this topic should be written by a whale, someone with several hundred thousand HP in balance, or even better, a million. That way, the information would be reliable, coming from the primary source, but it’s unlikely that something like this will happen 😁. I could be wrong in my judgments, as I haven’t been in the shoes of such a person, don’t have similar balances, and don’t face the challenges that these people do. I can only reason based on logic, my intellect, and modest experience.

It’s all about how you think

Are all of your thoughts truly yours?

Let's think together about what’s wrong with this expression. Any thoughts? Why did you think about it? What provoked you to think about it? Is this text just a set of letters? Have you ever thought about this before?

Can a person who is full and has never experienced hunger understand what a hungry person feels? Most likely not. What does a full person think when they see a financial opportunity? Probably, it's just another chance to increase their capital. What does a hungry person think when they see a financial opportunity? Most likely, it's a tool to satisfy their hunger, because that is the primary task, and everything else doesn’t matter.

In other words, as long as the hungry person hasn’t solved their primary task—satisfying hunger—they simply don’t see opportunities to increase their own capital. To shift their mindset from "satisfy hunger" to "see opportunities," conditions need to be created where the probability of hunger is minimized. However, a hungry person will always be trapped in a cycle, and in most cases, even if they are not currently hungry, they will not create additional opportunities or use them, but instead, will buy tastier and more expensive food. The problem lies in the mind, in thoughts, in what thoughts are in the head.

This is, to some extent, a problem of mindset.

I have seen many examples where people never seem to have enough money for anything, no matter how much they earn. A person earns 500 USD a month, has a certain lifestyle and life expectations. When their salary increases to 1000 USD, their expectations grow, and their diet improves. When their salary rises to 3000 USD a month, they start buying more expensive food, move to more comfortable housing, and their demands increase again. Is he hungry? No. He wasn’t hungry when he earned 500 USD and wasn’t hungry when he earned 3000 USD. It’s not the body, but the brain that experiences hunger. He will always remain hungry, no matter how much he earns, and he will never have enough money. His maximum earning potential will always be proportional to his physical abilities, but as years go by, physical abilities cease to be as satisfying, and the process reverses.

Here’s another, opposite example. I knew a person who earned 500 USD a month, but never went hungry, had fun, studied, gave gifts to his girlfriend, and saved money for travel. At that time, I didn’t understand how this was possible. He cut back on many things, but in the end, the quality of his life skyrocketed. This happened because he saw opportunities and used them to increase his capital, not to buy tastier food.

The problem of big money

People who don't have money often want to get it all at once and in large amounts. Sometimes, this happens—through lotteries, cryptocurrencies, inheritance, etc. The problem is that people often can't handle the amount of money that comes to them "by chance." I’m sure you’ve read or heard about dramatic stories like this—someone inherits a large sum of money, and after a few years, they return to their original financial position. By the way, this is not even the worst-case scenario. Also, "unfortunate events" are common, often happening to those who suddenly got rich through cryptocurrency and flaunted it—expensive cars, loud parties, etc.

The problem with accumulating HP

The answer is simple—the problem with accumulating HP lies solely in the fact that you sell them and don’t buy them back, but rather withdraw the money for tastier food. By doing so, you lose the opportunity to increase your capital in favor of satisfying a hunger that resides in your mind, not your stomach.

I can't imagine a person who survives—meaning feeds themselves, dresses, pays bills—only from what they earn on Hive, without any other sources of income. That would be very strange and quite risky.

Hive is still a young project. If you are financially dependent on it entirely, how did you manage before it appeared? You somehow lived, ate, dressed, paid bills, etc. It's important to understand that I’m not trying to reproach you in any way, but people often perceive information in this style when everything else seems to fail. Our brains, along with the habits and thoughts ingrained in them, are quite stubborn when it comes to processing foreign information, especially information to which the brain is not accustomed.

Of course, everyone may go through tough times when money is drained from all pockets and even debts are taken on to urgently solve certain problems, but these are exceptional cases and they don’t happen every day.

I’m not saying that you shouldn’t sell HP on the market. If you thought that, you didn’t quite understand the message I was trying to convey. What I’m saying is that if you sell, think about how to create additional financial opportunities, not just to buy tasty food and satisfy your brain’s hunger. As for me, if I see madness in the market and unreasonable prices (euphoria), I will definitely participate in that madness, but with the goal of strengthening my financial opportunities after waiting for some time. Those who understand what I’m writing, understand.

If you're not a whale and you withdraw the majority of your HP to buy what you consider "better food," it’s likely that you won’t become a whale until your thinking changes. It’s logical, don’t you think?

To achieve some form of success, you need to become self-sufficient. Not only to create additional financial opportunities through the Hive ecosystem, but also to take the quality of life to a new level. When you are self-sufficient, you become truly free, independent from the opinions of others, circumstances, etc. But this requires great effort and hard work. To achieve self-sufficiency, you need to eliminate laziness and constantly work on yourself, without excuses or justifications.

Whales don't want there to be more whales

I’ve come across such opinions—yes. I've heard that local whales want to preserve their power here forever and won’t let anyone else join to rule alone. But that’s a false statement. Let me try to present some arguments.

When you sell HIVE on the external market, someone has to buy it. There are always two parties involved in a transaction—there's no other way. Moreover, they are forced to buy what you're selling, whether they like it or not, it sounds absurd, but it’s true. The difference is that large holders will profit from it in the long term, while you (those selling to buy "tasty food") won’t. You can sell your HIVE at any time, but whales can’t do that physically, as the market wouldn’t have enough liquidity to cover such volume at once.

The more whales there are in the ecosystem, the more evenly responsibility will be distributed, both for the project itself and for the price of the token. Liquidity across all markets will increase, which will positively affect everyone. If liquidity increases significantly, it's beneficial for the whales because they will be able to sell large volumes on the market without affecting the price, which they can't do now, unlike you.

The more evenly HP is distributed, the more large holders there are, the more stable the entire ecosystem will be. Responsibility and risks are mainly distributed among the large holders.

Whales are essentially saying, "Come on, become one of us, moreover, we will help you, give you votes, support initiatives." And you’re like, "Nope, I think I'll go buy something, anything really." They respond, "Okay, well, it’s a shame..." It sounds comical, but it reflects the essence of the processes that are actually happening.

In conclusion

The thinking of ordinary Hive users closely resembles the behavior of the majority of society. Most people shift responsibility onto others, but not onto themselves, especially when it comes to their own lives. It’s always easier to take on the role of a victim, as this role carries minimal responsibility for both others and oneself. You will never be able to satisfy your hungry brain until you change your thinking. It all comes down to your thoughts. Ask yourself again—are all your thoughts truly yours, or are they someone else’s thoughts that have entered your mind? It's very important to realize this. To change your thoughts, you need to have the desire.

Most of your thoughts are influenced by the information you consume. If you consume bad information, you’ll have corresponding thoughts. If you consume negative information, negative thoughts will follow. If you consume constructive information, that’s what you’ll think about. Apply filters to what you consume; it’s just as important as choosing your everyday food.

In my personal opinion, the best information is the one that doesn’t give you ready-made answers or tell you what to do, but rather makes you think, stimulates your brain to work at higher speeds, and forces you to reconsider some things on your own.

I would be happy to read your comments on this topic. Feel free to share what you agree or disagree with; it would be interesting to discuss. Thank you for your attention if you made it to the end🤝.