RE: RE: Is Hive's (and Steemit's, originally) Monetization System Its Problem? If So, Is It Even Fixable, Or Is It A Death Sentence? SHARE THIS POST IF IT PROVOKES YOUR THOUGHT
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RE: Is Hive's (and Steemit's, originally) Monetization System Its Problem? If So, Is It Even Fixable, Or Is It A Death Sentence? SHARE THIS POST IF IT PROVOKES YOUR THOUGHT

RE: Is Hive's (and Steemit's, originally) Monetization System Its Problem? If So, Is It Even Fixable, Or Is It A Death Sentence? SHARE THIS POST IF IT PROVOKES YOUR THOUGHT

Thanks for joining the discussion!

Regarding your first point, do you mean something other than the upvote percentage, as that isn't clear on the amount of value you'll be tipping?

Also, I'm personally keeping in mind that in the last 3 days there has been a competition for who can have the most HIVE on Huobi, where the winner gets 100,000 HIVE. Now, that may not be the only reason for the increase, but it likely has been part of it. The competition ends April 28th; we will see what the price does after that point (it would be great if the increase was sustained or continued of course!).

But yeah, it is a VERY good point that a lack of stability in transfer of value is seemingly a problem too and something that makes it a more risky investment vehicle for would-be creators who know they can earn a stable currency on a different platform. Risky is only good if you happen to be on the positive end of that, where the price increases after you invest.

I completely agree with your first sentence and that is clear no matter the social media platform. That said, do you think the 'no advertising revenue' issue is a problem? Is an economy that is solely based on the participants of a social media platform (and no outside investors) voting and trading with each other sustainable without a steady addition of users who want to buy in and stake?

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