Yield is way higher than 3%
This number doesn't count curation.
Actual yield is much closer to 10%.
That doesn't count the value of governance votes either or building personal reputation on the chain.
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All attached to your Hive Power. I understand what this brings for everyone involved.
But now, if you want to take away that small gain through curation, stacking percentage and so on. Will they be barred from receiving votes from the big boys?
Consumers are not impacted by what a small group of individuals on Hive think. It's a myth one needs to be a "content creator" here in order to earn. Easiest way to earn is by browsing the merchandise, upvoting, leaving comments here and there and maybe those will be voted up.
And if you have solid content you know is worth money, you could simply reach outside and attract paying supporters who can stake tokens and basically get paid to support your work.
No need to be concerned. If one feels like they're being ignored, just ignore them in return and do your own thing.
Would you like to do a real test to prove your thesis about not earning money without “creating content”? We could do this for three months, and do the math on how much we got as follows.
I'm not criticizing your point of view, but just addressing recent issues, it's much easier to get paid for some posts with 5 dollars, than to comment and wait for an appreciation.
Sure. So I just upvoted your comment and will earn half the value for pushing the button.
I did it again. I'm hardly breaking a sweat and you're already earning more than your post today so far, and so will I, just from this interaction.
Most people voting your posts aren't even looking at them. Just so you know.
Back when I used to post sometimes I'd hand out 20-25 dollars in comment upvotes alone. If I did that today and people waited for a higher price; same result. I'd earn half that value just for upvoting those comments and talking to people, on top of what my post earned. They would upvote, receive their half, plus get a comment upvote and receive half.
Not many run their blogs like I did, even today. But when the comments come to you, it's a little easier to earn from that.
I currently have about $5 coming in just from commenting. Might get around 25-30 HP just from voting today. Nothing crazy but it all adds up.
Could spend a few years writing posts but if you sell it, you lose these benefits. Those people powering up everything will be able to do this and they'll also be receiving votes from those accounts. It's a long term game. I get where they're coming from but not everyone will play that game. You can work and sell and work and sell and work and sell and never gain traction as well. Boils down to personal preference.
But I can't take you up on that offer, because I'm not going to try hard. Just going to do my thing and whatever happens, happens. Won't be posting either.
It's true though. Creating content isn't the only way to earn here. And by the sounds of things there's going to be a shortage of paying consumers. Consumers earn by powering up and pushing a button. Much better deal than tipping a stream, for example. But they spend the money anyway so why not be rewarded for it.
But you still get Hive Power instead of HBD with the curation, don't you? So if we can't turn off this HIVE, we're just saving money forever?
Yeah it's all HP from "curation". I don't know why they call it that. I'm not curating a damn thing.
Comment upvotes are treated just like posts. Usually smaller votes but it does add up over the years.
And yeah that's where their "plan" runs into a wall. People will not save forever. All members are potential sellers. With more HP in more hands, the odds of rewards landing on sellers actually increase. They really won't accomplish much but those in on it will earn more tokens in the long run. Does nothing to increase the value of those tokens.
Everything is tied together here. Those votes I just gave you. Someone already dumped that value at the exact same moment, most likely.
"Turn off?" You can power down, it's still your money. If you don't want to earn from holding HP then you won't earn from holding HP.
If these people actually wanted to increase the value, while still doing all these things, they need to attract outside money. There's only a few thousand paying consumers here (curators whatever) and most don't even look at the content. It's a very small market. If content creators attracted paying consumers from the outside, all this would actually make money instead of just saving or selling, because there would also be buying.
But for some reason that's an unpopular opinion.
They're always debating what's "valuable", not realizing a mass of consumers wouldn't pay for crap, and gets it right every time.
All those silly inconvenient TRUTHS you are citing are the real big deal. When you turn on the lights, there is barely anybody here, and the ones that are, divide themselves into so many camps and cults that it's certainly not a going to be a "popular opinion" to remind some of these same camps and cults of people that most of the content is pretty uncompelling and very niche even when it is compelling.
Niches, per se aren't bad, photography equipment is a niche, but a huge market on the YouTube channels, or some niche hobby thing or niche topic, all fine, for example but the very specific niches of this hive camp or cult of personality or opinion versus the other tiny camps and cults here are counterproductive, even as the cult leaders exclaim how important their nonsense often is to all 3000 users who even bother to listen, when we should be trying to attract 3,000,000 users just to be a tiny little startup size social network, crypto based or not. 3M users for any software is sort of just barely getting started to any kind of sizeable success and we are only at like .01 percent of that.
We aren't yet giving the masses of consumers in the world a very good reason to come here, then to figure out the hurdles of the technology and blockchains and all that come with them, just to face having to participate in the kind of politics this post is even about and worry about being cancelled because of trying to exercise their personal freedoms or personal finance choices or personal expressions.
It's so damn irritating knowing everybody here is likely of advanced intelligence to even get as far as being able to see this comment, and yet I see some of the dumbest stuff happening. Like this recent "shun the people who choose to spend their earnings" tirade a few are on. Sorry but calling a spade a spade, that's counter to everything this chain is purported to be about and to general common sense, consideration of others and it's fucking stupid.
We need consumers. You are right every single time you say it again over and over all over and as much as you can.
Working on making things to expand the reasons they might come, but building it and they will come won't be enough. It's part of the package and it's a part I can work on and make stuff for, but the bigger picture is, if nobody uses my stuff to make the next Mr Beast type of mass attraction, welp, I at least practiced my code debugging skills so I can get real jobs if this doesn't work out.
Meh.
lol
What else can you do?
IRL xD
but it's easier online then in IRL
Haven't talked to you in awhile. Hope all is well.
@nonameslefttouse
I worked on two projects, Panda and Pakx. https://panda-x.io/
I'm trying to market Hive on Medium, Substack, and YouTube (transitioning from blogs to video for utube, each blog needs money to hire professionals).
I'm doing everything I can to provide value to people, including answering all questions in HivePakistan's pak-help channel daily.
It’s a tough lifestyle, but in 2-3 years, Hive will be back to $1, and today’s $0.16 will turn into $1.
I started teaching at a school to finance myself during the bear market so I don't have to sell too much. Until Hive recovers, I’m living a low-key, hand-to-mouth lifestyle while saving as much as I can in Hive (which might even be L2 tokens backed by Hive). Since I own the Pakx keys, I can't rug pull myself, so it's better for me to save in Pakx, which is bought back at a 2 Hive rate and also provides dividends in Hive.
This isn't a sales pitch, just sharing my path forward in this bear situation.