Happy June HPUD...
My oh my oh My here we are in June already!!!
I Powered Up 200 Hive in honour of the event, only a little Power Up as it's a good time to keep some funds liquid with the markets looking lively! That recent Dippity Dip encouraged me to Power Up a little more!
Account growth = 2000 Hive Power more than this time last month, honestly it's relatively easy to add this amount every month once you're above 100K HP...
KE drama...
This is getting to be something of a major talking point on Hive....
You may have seen some posts floating around about the KE ratio.
Obviously everyone can choose to do what they like with the rewards they receive from others here on the Hive blockchain.
The KE ratio shows us how much of those rewards are Powered Up.
I personally think if you're earning decent money from this Chain, you should power some back up, at least say 35%, that's just respectful to the hand that feeds and the rest of us who are able to give you those rewards.
Some people choose to cash out the majority of their rewards rather than Powering Up. If you do that you could face a problem....
Those of us who choose to Power Up can more effectively remove the rewards of anyone, and if we decide to selectively remove the rewards of those with low KE that's basically tough.
NB I don't downvote people just for having low KE, I just don't upvote them as a general rule.
I won't go into the benefits of Powering Up, they are just obvious to my mind: long term Vest, reducing sell pressure on the token and all that.
Extreme illogic deriving from miss-applied concepts...
One bat shit crazy has been trying to argue DVing users with a low KE ratio is like colonialism and a form of censorship.
The problem with this is...
1, You've effectively migrated to this chain - the chain hasn't invaded your space. Thus it's literally a completely different thing to a colonial dynamic, there is no valid comparison to be made. The concept simply doesn't apply here.
- If you're worried about censorship, presumably you're worried about visibility, in which case go blog somewhere else... Hive is relatively invisible because of its terrible SEO. And removing rewards isn't censorship.
Some people just need to take a bit of time offline and calm down IMO. In this case that'd be a win for us all.
NB I will say on this that Hive is here doing a public service. Presumably that individual is as bat-shit crazy in her daily life, we've taken some of her attention, which means whoever she interacts with F2F has had LESS of her battiness for a while.
Who new that Hive would evolve to provide such a form of respite for real peoples, whoever works with her, you are welcome!
Other stuff on May in Hive...
Splinterlands Arcana was released, or was that April? It seems like an age ago anyways, and the prices of midnight potions have come down. It goes to show what a bubble people are in, with some people thinking potions would sell for more than what they did.
The market simply isn't that large and all the whales produce enough for themselves, I think I pretty much maxed out my profit selling early and then halving aura production once it became less lucrative than Stone.
HiveFest was also announced recently, looks like it's gonna be a good one, I am tempted, but Fam duties mean I will probably have to stay in the UK.
Overall I'm still happy to be here and still stacking, and conserving my KE!
Posted Using INLEO
Congratulations
Keep Going Bro
I hope with "low KE" you mean in fact a high KE? Maybe this is a bit misleadingly written.
Oh yeah shit, my mistake!
wow a post with common sense, I've been reading too much garbage drama lately :D
But it's been..... interesting.... too!
I don’t pay too close attention to the specific ratio but I occasionally check the wallets of my network to see what is going on. Powering down or big transfers out are anyone’s prerogative and I know some people need to buy food for their families but doesn’t inspire bigger upvotes.
I think my ratio is probably pretty good as I can’t even remember sending any to exchanges except maybe once on the old chain.
Sometimes, I feel a little guilty hanging on to liquid hive to play the peaks and valleys against hbd but it is to accumulate more to power up.
I will have to match your power up in solidarity!
Yr ratio is about even, which is bang on.
I'm not gonna criticise people for cashing out as they go, they are free to do what they want, me too! Simples.
200 Hive is a decent power up nice one!
Ya I socked a little more HBD into savings and couldn't help keep some liquid so I can scoop up any Hive discounts. POWER IT UP!
Well done! Hive needs more committed people to continue growing and reaching better spaces.
I was able to do not only HPUD (which would already be great) and participate in the HiveBuzz initiative. Great month!
Nice, keep on stacking! Onward and upward!
Happy Hive Power Up Day! 😊 Interesting to read your thinkings about the KE ratio.
Happy June power up day. It's good stake hive and I did power up as well today
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I never thought KE would bother Hive so much. I just saw it as a metric, like reputation. Of course, voting for users who have invested in Hive, i.e., those with low KE ratios, is a choice.
Anyway, there's no room for drama on Power Up Day 😂
I don't tend to check the KE, but I have some regular commenters who don't add much value, so they don't get much of a vote, if any. We can each choose how to use our power here. It's supposed to be about freedom. I tend to reserve downvotes for what I consider real abuse and I don't use them so much these days.
I know what you mean about certain commenters, I am selective who I reply to... Each is free to do as they please for sure, I do check KE! I will actually upvote someone who produces outstanding contributions with a low KE ratio, but I've got a very high bar!