Follow Friday: Fly me to the Moon

steevc(80)
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#hive
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The News

Today I did a Thread saying that $HIVE needed to stay above 36c. It has been teasing that level for a while. My wish came true, but it may just be riding a general market wave.

Thread

I use Threads much as I would Twitter/X to throw ideas and links out. Sometimes they get a good reaction. People like taskmaster4450@taskmaster4450 are watching the feed and vote up things they like. He has a post on what he thinks it will take to make $HIVE go up. I think it has great potential in various areas. We could get some people who do not like the way the corporate platforms are going, but also those who feel they should be earning for what they do.

Prices

The price action is not too dramatic, but I think $HIVE is gradually edging up. There may be more bumps along the road.

Hive Power Up Day is fast approaching. If you power up then you can earn a badge, and possibly a prize.

Friday Follows

These folk get a share of the post rewards.

Recruitment and Retention

These two 'R's are vital to the success of Hive. Over the last few years the number of active users has not grown massively and has fallen back in some areas. We have growth in places like Venezuela and Cuba where the income makes a real difference, but others may think that $HIVE at 36c is not worth their time. I think you need to play the long game as it could be worth more by the time you can power down. Some of the old users may have just switched to taking the $HBD interest. I think the social side can be fun. I get good engagement on my posts, but then I have built up lots of connections. You have to put in some effort if you expect to earn.

So we need to bring in more people and keep those we have active. Some reasons I've heard for these things not happening include:

  • It is too complicated. Well that tends to be an issue with any cryptocurrency. You have to be responsible for your keys, but the Keychain tool helps with that.
  • Signing up is hard. There are various ways to create an account. Peakd offer some. Not all cost money, but may involve some form of KYC just to prevent people claiming lots of accounts. Anyone with a decent amount of HP can claim account creation tokens. I have loads and will help people out on that front.
  • My posts do not get votes. Marketing yourself on any platform takes effort. You need to stand out from the crowd. You need to engage with others who share your interests and get involved with relevant communities.
  • I get downvoted. I have heard many people complain about this and some seem to get driven away. We do need to deal with abuse, but the moderation needs to be proportionate. I am in favour of people being given a chance before taking all their rewards. Hive is not like other platforms and they need to learn what is acceptable. Too many will get a couple of downvotes and just give up, whilst telling their friends 'Hive sucks!'. We cannot afford that bad publicity.

What other excuses have you heard? I will be compiling the #BritList again next week and I expect numbers to be down. I really want to see them go up, so I am looking for ways to improve things.

The End

These are 'interesting' times for crypto with regulation being introduced in some places, high publicity fraud cases and general suspicion that it is all a con. We need to spread good vibes about Hive as a welcoming platform for all. I do not expect to agree with everyone here, but I find plenty to enjoy.

Hive five!

Follow Friday: Fly me to the Moon | Ecency