Curation APR vs engagement
In my last post I have rant about boken Hive curation.I have strong feeling that our curation curve is hurdle in engagement. One time I have hit the APR of 16% then it dipped to 7.5% (I removed my some of automated vote).
But I feel now whatever the curve exist,majority of Hivian here are doing great job on engagement front. I see them running different campaigns and challenges in Hive. They are spreading the message by using other social media channel's also. May be I can say that I am believing in engagement not in curation APR but my HP is too small, I am may be atmost losing 2-3 cents by not optimizing my curtion APR but will my view will be same if instead of 2-3 cents it is loss of 2-3 dollars daily?
What does these campaign means
If you see closely these are both in Hive (to increase the user's engagement in hive) and outside Hive(for onboarding the people in Hive ). This campaign means more user in Hive and better engagement between them.
Worth of Hive compared to BTC
If I see BTC supply it is currently about 18.5 million and Hive supply is aroun 366 million ,so it simply mean that there is (366/18.5) =19.78 Hive per BTC. And if I now goes with price equivalency then 19.78 Hive valus is less than $6. It is very vast gap in $6 vs $1100.
What may be issue
I am not expert in blockchain technology so I am open for suggestion here. I thing might our witness or some core team should investigate the possiblity that what we are lacking and add feature in accordance to it. When we consider it as social media then why should not we give other facilities like direct messaging and chat facilities that exist in other social media. I find free transaction and block confirmation time is fast enough that Hive can accepted in any real world business but still we have not penetrated business as such. With Listing in so many exchanges I do not think that there is issue of availability of Hive or it is difficult to acquire Hive.
I think Hive has potential to act as store of value(with it's DPOS nature and curation APR) and transactional currency because of its 3 seconds block confirmation time.
I am all positive for Hive but this is not the reason of our inaction or not doing self improvement.
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What a fantastic post. I agree 100 percent.
Thanks for your stop by and curation.
Your welcome and I thought your post was worth a big upvote. So I am sure you noticed I gave it 100 percent. And I am sure the curationtrail followed ;)
Sure, I noticed it, not only Hive value but the CTP value too.
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Nice post, I learned the same thing recently and removed a lot of my Auto-votes. What I'm trying to do now instead is follow more accounts that are active on my blog, like yourself and manually curate. I'm on pretty often and it's way more rewarding imho!
and it give satisfaction also.
Thanks for your stop by and curation.
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TGreat post. I need all the blockchain posts I can find. I always learn from them. Thanks