Do you know that you benefit from the 20 hive tax on new people?
If a post doesn't reach 20 hive in payout it gets exponentially reduced the farther it is from 20 hive.
If you vote on a post that doesn't reach 20 hive, your vote is reduced in value exponentially, too.
Way to go rich people!
Keeping poor people poor since the game started!
Whatever we're doing now is working, I don't think we wanna mess it up. Buy more hive if u have a problem with it so you can upvote more. lel! Hahah
Doubling the newbs' voting value will hardly mess things up.
At 16 hive, a post has to reach 11.2 htu to overcome the tax.
Most posts don't do this, ergo, ending this tyranny only improves the ux for most people.
O.K. maybe you're right, there should be a middle ground possibly. There is always a solution out there if one knows where to look. Thanks!!
It was sold on bs to start with, they said they needed to tax the spammers to make them 'more visible', but what they left out was that anybody with less than 160k hive power was about to lose 40+% of the value of their votes.
And, therefore, ~40% the value of the stake they do hold.
They left that little fact out of the conversations entirely.
For real? Can you explain further...most of the posts on Hive are under 20 Hive, at 20 cent Hive that would be $4 and not many get near that
Look back at the last hardfork, I forget when exactly, but it was the talk of the town.
@acidyo is a good one to ask.
Yeah was during the 50/50 change and the downvote pool.
You ready to do away with it?
It served its stated purpose.
Abuse is getting harder to find.
I'd be for it, wasn't much a fan of it to begin with since it lowered the vote strength of smaller legit accounts and has made many who focus on maximizing never vote on comments or posts they know may not hit the threshold naturally.
It definitely killed comment voting.
Glad to know you aren't a fan, either.
@thelogicaldude brought this up on @hivecoffee when he was on, he mentioned how people aren't even reading posts it seems so much as curating rewards as the voter. We all put in effort to our quality of content to an extent, but then as soon as we as a community are voting it seems to trend towards those higher payout to maximize curation rewards.
I will be the first to admit, I upvote 100% the top post on Hive daily. Alot of the time these posts are a circle of about 20 authors who consistently get those payouts, I noticed that by participating in this trend.
It was meant to punish low vote reward farming that may be hard to find, think thousands of 10-100 hp accounts farming posts/comments on top of spamming the chain with these actions. I agree the curve was set a bit too high and there's been talks about lowering it or removing it altogether so looking forward to how this evolves in future hardforks.
Perhaps scaling it down exponentially and then making a simply system for the community to vote to stop scaling down the threshold would get peoples attention and potentially reach a larger consensus on this threshold.
We need folks to step up and follow downvote trails, then they can't use this excuse, which is what it was, a false front, to keep us down.
It is no issue to monitor the chain for small votes, they do it all the time, but with this solution they get paid, too.
Don't let them fool you, rich people need their munies much more than poor people, for the most part.
I already have 8 followers on my trail.
I am giving my downvote to @darkflame who is admin of @hivecoffee.
Also @broncnutz because he is downvoting a left wing shill both of us despise who has a unhealthy obsession with anti Trump tabloid grade shit posts. Its rare I will go after Trump Derangement Syndrome but this media outlet is just trash in general imo even when he is focused on his left wing elitism that is causing cancel culture to take root everywhere online.
Does this mean anyone I downvote, you also will downvote? I find the discussion very interesting but am still understanding the mechanics of the downvote. There are certain types of content that should be downvoted, but I have actually been enjoying some quality content lately. I could start downvoting if I find content that is problematic, but I don't really want to start downvoting content that I just don't like, as some do. I think could be useful with correcting abusive actions, if users are exploiting the reward pool or not delivering any Proof-of-Brain value.
The proof of brain value would come from lowering the inflation of the rewards pool.
This concept would be going towards 100% Community consensus or the post would be censored from the front end, I'm sure there's a way to scale some sort of interoperability into a downvote trail that would enable small users to effectively flag spam without requiring a service like @hivewatchers
I'm not really down with content moderation through flagging.
Being pro free speech means changing the channel.
I have been following your trail with one of my alts.
I knew you were downvoting that guy, but didn't care enough to speak up for him.
They tell me that is wrong, I shouldn't be like that, but there it is.
My buddy watches that guy regularly, one day we were watching it and that dude said he would allow a lie to stand if that lie served his cause.
My buddy couldn't see why that was wrong.
He's a yankee, so what do you do?
'It is the duty of the intellectual to tell the truth, and expose lies.' Bill Hicks
But that guy uses the Alinsky method, and I'm not down with 'by any means necessary'.
People should take Leofinance as an example. They have much more user growth, I mean real active users, not ghost accounts.
I agree 20 hive is far too high. Even when the value of the coin was low only larger players made that quota.
With prices mooning that 20 is a long way off for many. 20 is a big amount, does anyone know why it was set that high?
To keep the poor people poor.
Ned, and his flunkies, were in charge then and they wanted to maintain their percentage of the coin.
Taking it from poor people was very easy as the people benefiting the most control the outcomes.
8.3 % https://hivestats.io/@mmmmkkkk311
change my name with some bigger account or auto voting bots and you will see what is curation curve and tax on low payout posts doing
That would at least double, if folks with more than 1000mv stopped voting.
The percentage may not, but the amount you get would.
The whale experiment proved that.
However, it dilutes the passive investors even faster.
But, if the price moons, how much do they need?
We've driven off some of the most egregious.
what what?
Damned if I know.
Does this come under the auspice of 'tax is theft'? lol...MMMmmmmm
Lol, this is robinhood never allowing normies to buy stock at all.
Wow!
I am new here and had no idea about this!
Thank you for disclosing this aspect!
But, wait! There is more.
https://peakd.com/hive/@antisocialist/shame-on-you-spaminator-and-hivewatchers
I hope you support a change in this demonstrated behavior, it has been ongoing for years.
@rawbe I told you the circle jerk is potent, the people commenting on this status are real though, they all have their own opinions and don't go with the heard on here.
Thanks for bringing this up @antisocialist the reward pool is being gang banged left right and center, the least we can do is discuss it and elaborate on a consensus driven payout model.
Now the real question is, can we mediate this, without coming to the conclusion "tax the rich". If we can do that, perhaps hive has a more evolved economy than the rest of the developed world.
Tax the rich, how about just a level playing field.
My stake counts just as much as someone's that can meet the threshold?
Can we have that?
The middle route to distribution is always the best, I would be interested in seeing if we could attract more IT consultants to the network and overclockers/dev testers like Gamers Nexus on YouTube or Linus Tech Tips.
The content about hardware would be relevant to the decentralized nature and both GN and LTT have proven they give back to their community. They would be great witnesses with a large fan base and a dedication to technology that all of us could benefit from, unlike some shit posting celebrity coming on here and talking about their 3 legged dogs surgery, like thats interesting but Hive won't benefit from 3 legged dog sap stories.
Plenty of room for all of us.
This issue seems to be coming to an end with the advent of tribes.
Whenever we are ready, we can spin off into what is coming for us next.
Or, we can stay here and wait for the inflation to do the dirty work.
At some point, the controllers of the status quo change.
If those folks could set up their own tribe, with their own coin and rules, they could do their own thing and most folks on hive won't know they are there, necessarily.
While giving them all the benefits of hive.
Those specific folks could build their own, and not need hive-engine, I'm sure.
Lots of open source code to hive.
You're getting dapped up by spaminator on comments, what in the actual fuck
Lol, I told them to get bent after they gave me 5 minutes to respond to warning at 520am my time.
They can kiss my ass.
https://peakd.com/hive/@antisocialist/shame-on-you-spaminator-and-hivewatchers
Lol I bet my 5 cent upvote feels like the balls hitting a hookers chin to douchminator
The rich always benefit by keeping the poor in their current condition.
All laws favor the rich, or they change them.
@hivewatchers will you upvote posts that are being attacked by adm?
Lol, they are adm.
From what @guiltyparties told me that is not the case, so I would like to see if we can potentially clear the air about this misconception that all the administration at hive watchers are associated with this adm, logic, and others who are harassing hive users.
I am sure there is some reasonable people at hive watchers, I have had interactions with them that didn't go that bad, even had my flag removed by asking nicely.