RE: Hive | Curation, Auto-Votes, & Hive Price !
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I think the incentives to hold Hive need to be fixed, but I don't think it's so much a curation problem causing people to sell everything. There are some bigger selling pressures coming from somewhere.
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I would say do the test, it's insane how many people who systematically get good upvotes from curation projects and are just dumping it at current prices with seemingly no consequence. It does add up especially combined with the fact that few even outside of this group are actually buying Hive.
Something really needs to be done as an incentive for everyone on the platform who wants to earn to also be required to invest in one way or another as content alone doesn't in any way help to get the Hive Price up.
I agree, it makes sense that people should have some stake in the game to get good curation votes.
However, more than half the Hive rewards each day are given out as either DHF projects, HBD interest and defending the HBD peg. The situation has blown so out of whack now that the DAO is nearly 50% of the Hive Market Cap and growing!! This would be the first thing to go after than someone getting a $10 upvote imo.
Fair point, I'm not too informed about the DHF projects and the HBD stuff but it's clear that value is taken away from Hive to keep the peg up one way or another which is another reason it's rather hard to invest in Hive.
The incentives are really badly skewed sadly with no change in sight. The price is the signal. If the HP holders weren't being plundered, the price would be much higher.