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RE: But what if I sold hive to buy SL assets?

in Splinterlands2 days ago

The counterpoint isn't for SPL holdings but for any holdings. HBD, HOLOZING, CRYPTOSHOTS, SWAP.Holdings. Anything and all things that is considered a Hive Blockchain Asset. (A) Value Shifting (Positive) vs. (b) Extraction (Negative). Your system have too many from group (A) being categorized as group (B). You presented limited data that supports your theory. In fact in one of your previous posts the trending comment was someone who was unfairly categorized. That being said, extraction is a thing and I do appreciate the fact you have a wandering eye for such things. I know of some players who spend just about all their post earnings on Hive Assets. They are not extractors but value shifters. To extract, value needs to leave the chain. I also appreciate the work you put into thinking of a system and at the least showing it works to some degree, although far from perfect. I haven't seen any other system presented and I'm of the mindset of if someone doesn't present an alternative than the only one presented stands until someone does.

Traded Hive that goes towards apps or a business on HIVE is not value extracted but value shifted within the Blockchain. This should be encourage as it promotes the blockchains self sustainability/ helps grow the blockchains apps which in turn grows the chain as a whole which benefits everyone.

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In fact in one of your previous posts the trending comment was someone who was unfairly categorized

It is funny how life goes! It is THAT person who helped me the most. Even created a website and a tool to get more data in an organized manner, for free and in 2 days! I am forever indebted.

That is awesome. I'm all for your general message of stopping reward abuse. I believe we agree on the end goal just not on all things that get to the main point. And I also appreciate someone has their eye on such things. I can only imagine how daunting a task that must be.

 2 days ago (edited) 

I don't agree here.

to me a 2nd layer project must prove its worth before I take that into account.

There are some projects that already have, and I am working to include that.

to me a 2nd layer project must prove its worth before I take that into account.

Every project has to start somewhere. Hiven's supporting other Hiven's with rewards earned on Hive. Read that again, its a complete circle of reward shifting all done here on HIVE that represents a self sustaining economy. Your system punishes that unless its a business that is already proven which no start up is.

Further considerations:

Hiven earns Tokens > Invests In projects On Hive > what happens to those invested tokens next is up to the project(s) that holds them. If extracted by the start ups or on-going business that issue should be taken up with the ones who actually did the extracting. The Hiven that provided the liquidity extracted nothing in such cases.

Extracting shouldn't be confused with "cashing out". Life happens and sometimes people need their funds. Lots of other considerations to take into account as well. Cashing out a portion for self enjoyment is also ok as well. Being here to simply take isn't and that is what an extractor is to me.

Your system punishes

Highly incorrect. I am doing a data mining. I am not here to punish anyone. Based on my data mining what actions stateholders take it is their choice.

Also I am not discussing how I make my choices, that is definitely NOT up for discussion.

Sigh....

When someone is placed in the wrong category in your system that is them being punished. It's your system that you created thus my use of the words "you punishing". Instead of saying you I should of referred to the system you presented to make it less personal. I think this is a minor oversight on my part. Regardless my apologies if you got offended. I'm simply providing counter-ponts. It's nothing personal. Punishing might be a little too harsh of a word here.

Also I am not discussing how I make my choices, that is definitely NOT up for discussion.

I'm not sure what you mean by that. You created post(s) detailing the actions of others with a formula you created to categorize them (us). Those were your actions and if you thought they weren't gong to be addressed after you pointing out the actions of others then I don't know what to say to you other than that is a shocking revelation for someone to have who points out the actions of others.

 2 days ago (edited) 
  • I simply do not agree with many categories you refer to

  • I can prove with data, there are people who are extractting the rewards out, completely out of the ecosystem and not invested in ANY hive projects. List is VERY long for such people

  • I can also say that I do agree taking rewards out based on people's life situation. A KE = 3 refers to people that have taken out 3X of the rewards that they have earned. And that is okay.

I'm not sure what you mean by that

I mean how I personally vote is not up for discussion

Also I am extremely comfortable with all my actions, and I take full ownership of those.

This is where I will close this discussion from my end.

I can prove with data, there are people who are extractting the rewards out, completely out of the ecosystem and not invested in ANY hive projects. List is VERY long for such people

There certainly are extractors. I didn't counter point saying there wasn't.

I mean how I personally vote is not up for discussion

Well yeah, I agree with that.... However
No-where within any of my comments was I refereeing to how you personally vote.

I also have nothing else to add. Enjoy the rest of your day!

Also I don't care about what others think about what I am doing. This ain't a popularity contest for me. I am doing this on my personal time and many others are helping me, for free. I appreciate their help.

Also my goal is not to please anyone or everyone as that will be impossible. I am here for a long time, and personally I don't need a tool to identify who is an extractor and who is not, I can almost do it intuitively :)

I am trying to develop a tool which may help others to identify people and act accordingly.

Also I don't care about errors happening. It is normal with any process people develop.

Also I don't care about what others think about what I am doing.

Good, I live life the same way.

Also I don't care about errors happening. It is normal with any process people develop.

Errors in this case take a personal effect on people and their standings here on Hive. I don't think anyone wants to be unfairly labeled an extractor. It's not only harmful to their blog but a personal insult as well. Anyways, I don't have much more to add. Keep fighting the good fight but at the very least I hope our interaction here in the comment gave both us and the Hivens who are undoubtedly reading this some food for thought.