I hope we don't get any downvotes against anyone selling HIVE. Hive's audience is still small, and every user is valuable.
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I don't see anybody give downvotes to people that sell HIVE. It's not a bad thing. I do encourage giving preference and higher upvotes to accounts building HP and using it to decentralize the user base.
Look at this comment thread:
https://hive.blog/hive-126152/@luizeba/re-galenkp-2024827t18278215z
They cashed out to pay the mortgage and started getting downvoted. And then in the thread the downvoter says, "I'll stop downvoting if you power back up everything you powered down" - i.e. sell your house if you want to avoid being downvoted.
So people are absolutely being attacked for using their own money to pay debt.
In my opinion this is why the steem price is catching up with hive. There is less bullying on that platform, so less incentive to quit and sell everything.
Thanks for pointing this out. I never came across such a thing. I don't support downvoting people who sell, but that's unfortunately what this account decided to do.
That won't decentralize the user base though - that would put more HP in the hands of the few that can afford to stack. Decentralization in my eyes would be everyone, even the ones selling. The stackers will build and separate themselves from those that have not anyway.
What people don't realise is that when we have a free market such as hive (or anywhere for that matter) those that have not will sell, and those that have will keep. It's the natural law of the world.
By doing this we'll just speed up the process.
Yes, decentralization is everyone, even the sellers, but decisions (voting on content, proposals, witnesses) is done with Hive Power. I offer more support those build stake to participate in governance. Milkers are welcome to use the chain as they see fit; it's a free market like you say, but I will prefer to offer my support to people who participate by staking their HIVE. I won't downvote sellers; as I said, selling is not wrong. I just have a preference of what kind of Hive citizen I support.
Also, recent analysis by the likes of @azircon that demonstrates that MOST folks in the top 1,000 are, in fact, staking HP. He calls it the Krampus Coefficient. 84% of accounts are holding what they earn or a little more. So I disagree that holding is for the few.
Oh hmm. 84% then. That's actually quite good. I didn't actually realise it was that good. I always thought the laws of nature dictate there are a good 90% of people that need to sell.
We've used the entire last 200 years as a testing ground for economies that have tried to lift up the poor out of poverty which have all ended up in disaster. The few that could, seized everything and left everyone else with nothing. But again, this is nature and I don't think this problem can be solved.
But then I didn't realise there was a "keeping more than you sell" part -- that's quite neat.
I might just shup about this now lol
Data presented properly never lies. Opinions these days are quite tricky. I therefore don't listen to opinions, just present the data. Then you can see the fact yourself.
Doesn't account for people getting liquid rewards for whatever game, curation stuff, etc.
This is just another form of narrative enforcement.
Never trust anyone who says they don't listen to opinions. Everybody does. It's a matter of whether you can support it with a tidbit of objectivity.