Follow Friday: Swings and roundabouts
The News
The last year in cryptocurrency has been one of ups and downs. Bitcoin hit new heights, but has dropped a bit. The HIVE price has fallen relatively, but was seeing some recovery until recently. At under 1000 Satoshis it ranks below 260th, which seems wrong give how much utility it has. Maybe it is not seen as a profitable investment, but we can still be earning it just by being social and creating content. You do not have to spend fiat to make HIVE.
From @coingecko
Looking across various services with statistics I see Hive dapps not ranking so highly on @dappradar and @stateofthedapps, but then they seem to be missing a lot of users. For instance, I know that @risingstargame has over 1000 active players, but on those sites it shows as having up to 6. This may be down to some combination of how they collect their data and what the games and other dapps log on the blockchain. Ranking higher might gain some attention.
I have mentioned the poor state of the Hive entry on Wikipedia before. It needs to have good references for a start and those ought to be on independent news sites rather than blogs by users. This item on BlockchainGaming links to some articles. The text could be improved a bit, but there is some information that could be used on Wikipedia. It still needs someone with experience to create an article that will be seen as authoritative, but without bias by the moderators. Whoever can do that could probably do a post about it and get good rewards for their service.
Followables
- Big news this week was the appearance of @elischaedouard on Hive. He is a soccer fan with hundreds of thousands of fans on Instagram and Youtube. He is still finding his way with Hive, but has promoted it to his followers with 24,000 views. It remains to be seen how many join us. @lordbutterfly brought him over and has another influencer lined up.
- @seabass-n-broc is back after some time away from Hive with a Neil Young song. I missed it before, but he got a cool new guitar recently.
- @slobberchops has a cool new site featuring his many urban exploration expeditions. It links to his Hive posts, but makes it easier to navigate them.
- @newbies-guide has put together a curated collection in peakd of articles for Hive newbies. This is really useful.
- @livinguktaiwan did a survey on what newbies should do when they join.
The Doghouse
As part of the @Hive-DR team who look out for abuse of the platform I see a lot of crap that deserves a downvote. Recenlty we have been dealing with @nathangraham and @phasewalker who appear to be the same person as they have duplicated some content and use the same generic comments all the time, such as:
Awesome post :D
Keep it up & wish you a great weekend :)
Both accounts are posting the same content multiple times to various communities.
This is considered abuse as it allows for an account to vote up the same content multiple times. The better way to do this is using the Cross-Post option that is available in peakd and Ecency. Do other dapps have it? Alternatively you could decline rewards on duplicates and link to one post that can be voted up. These accounts have not been making much, but if we do not address this now then the problem will get worse.
The End
It looks like we may have to wait a bit longer for Hive to go viral, but if some of these big influencers can bring in hundreds more users then we have a chance. A combination of activity and good content adds value to the platform. For a busy content creator the rewards may not be enough for now and they want lots of eyeballs. With just a few thousand active users Hive is not interesting to them, but if some are prepared to be pioneers and take a chance on it then growth is possible. Hive does not just have to appeal to those who get de-platformed elsewhere. It can be a thriving place to publish and consume content with everyone earning from the process.
Hive five!
I spotted the new big guy. He's got a decent stash powered up already, it makes a change and shows some commitment.
The gaming guy? That's great news. Don't mind if he powers up a bit more and bumps me down the HP ranking. He's 5 spots below me now (not that I'm counting 😅) but no doubt will rise through the ranks very soon.
I think he meant the soccer dude, but he just has delegation and it will be interesting to see if he votes much. He did vote on some comments he got and has looked at posts by others. Need to get him in with other fans.
The blockchain gaming guy shows some confidence in Hive, but powering up about $20k. We need a few more like that.
Just for the contrast:
My pension-like income is approximately $250 USD per month, which is approximately $3000 USD per year.
$20 000 USD is like more than a half decade of income for me.
Greetings from Hungary.
It's all relative. It's taken me nearly 5 years to get that much HIVE and I could not have bought it all at once. At least you make a bit extra here. Hope it can help, but we earn at the whims of others. Another orca may mean rewards get spread wider.
!BEER
"It looks like we may have to wait a bit longer for Hive to go viral, but if some of these big influencers can bring in hundreds more users then we have a chance. A combination of activity and good content adds value to the platform."
You have mentioned a lot of valuables and foresight.
And I think the actual disposition we should all anticipate and implement is to continously contribute to the growth rate of hive depending on individual status and capacity.
Thanks for sharing.
How? I am here for a little bit more than 4 years (since 2017.05.17), and I actually see quite the opposite.
Nowadays I have more than 1200 followers, but most of them are inactive nowadays. They left the platform long months/years ago.
Literally thousands of people are leaving the platform, instead of joining and becoming active.
I am also on the edge of giving up. No matter what I do, what I post, what I write about, almost no one cares about my posts. Most of my posts are earning just/only a few cents, and I rarely receive real human comments. And most of the people can say the same!
And just for the record: I was in the top 10 in the engagement league multiple times in the previous weeks.
This is not a big deal as it may sound, because nowadays the average number of comments per post is 2-3, and most of those comments are bot comments.
This platform is disappointing as a social network.
People are very/really disappointed. This is why they leave.
Expectations will vary. I made hardly anything for a long time, but managed to build connections that helped me. I have been a top engager too, but there is some element of luck. It is bad that we are losing users all the time. I started @tenkminnows to help more people level up, but so many are powering down for whatever reasons. We need to have these discussions to try and find ways to reverse it. I don't have all the answers by any means, but I intend to stick around.
!BEER
Your content has been voted as a part of Encouragement program. Keep up the good work!
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Delegate HP and earn more
Good lord, 260? it was in the T200 about 4 days ago!
Just not right.
I'll check out that plager in some communities and nullify any outstanding rewards I can!
Posted Using LeoFinance Beta
Ah, on Coinmarketcap it's at 190. Coingecko must include a lot more coins. ST--M is not as far ahead now, so that's something.
I noticed the rankings vary, I guess there's a lot of changing about with new coins coming and going.
And it is great to see Steem sliding back down to its real value!
Posted Using LeoFinance Beta
HIVE needs to be higher than 'the coin I will not name'. I think that will happen soon.
This blockchain is fantastic and has a very large ecosystem. At the moment I don't understand why its value is so low and why it is beyond the 200th position in the ranking. In my opinion the value of HIVE is underestimated.