Burning HIVE is not going very well
I made this account and started monitoring burning HIVE token about half a month ago. We have already enough time to see that we are not doing very well with this task. I was not the only one who started to post burning post, and there are some who are doing this from a long time, among them the only one who is burning noticeable amount of hive: @buildawhale from @themarkymark.
But we are not getting votes that could do the work - burn a lot of tokens. The Marky Mark alone is burning about 4,-4,5k HBD (and adequate amount of HIVE) monthly, and all other accounts not even 100HBD. Daily it is about 120-150 HBD, so with hive token it will be lets say 300HBD daily, and 9000HBD monthly, it could look like a lot, but lets see this with the proper perspective.
In the same time we are burning, other are producing:
Proposal mechanism is producing (in September) not less then 6260 HBD DAILY. So we (mainly ppl voting for posts/comments from one account...) are reducing not even 5% of what is produce as an additional inflation by Proposal system. It is to little to give us hope that we could at least check if this is changing anything or not. Lets add to this calculation HBD produced by interest (in last month we produced this way 103k HBD) and we will see that what we burn is just a little drop in the ocean...
I was think why people of Hive do not take part in burning initiatives even when it cost them nearly nothing. I can imagine 3 reasons, and I wonder if you could think of another, and also which of them is most important in your opinion, so lets make poll:
- All of the "burners" failed to reach the broad masses, so people just dont know about all of this, don`t know that they can vote for posts like this, nor why they should.
- Second option is that we was able to reach to lot of people but they don`t agree with us that burning tokens is good for our community and for them in long perspective.
- People just want to earn some money now, and they do not care about future of our blockchain.
The question is which of this reasons is most important it is obvious that there are many of them and non of them is the only one.
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You can't really expect people to throw away their money. It's going to be a micro minority no matter what. Plus most people only care about their money and not the bigger picture.
I agree. That's why I am not expecting that a lot of people will add null as beneficiary. But to cast one vote, daily, on post that is doing this wouldn't hurt income of this who cast this votes...
Let's delve into the Builda whale farm on the Hive, Gogreenbuddy, who is also colloquially known as the Marky mark USAINVOTE UPMYVOTE IPROMOTE PUNKTEAM and 100's more if not thousands this individual has asserted that his intentions behind this initiative are driven by a desire to contribute positively to the community. Now, let's explore what he is earning on a monthly basis from this venture. income is said to be generated through the use of multiple alternative accounts, which he utilizes to cast votes in favor of his own shit content. The community seems to have mixed feelings about this practice many are scared to speak up.
Are you ready to delve deeper into this topic and uncover more insights? If so, let's proceed. It's time to wake up and gain a clearer understanding of the situation at hand.
Buildawhale
Curation Rewards
The Marky mark
Curation Rewards
https://peakd.com/@themarkymark/activities
Usainvote
Curation Rewards
https://peakd.com/@usainvote/activities
Apeminingclub
Curation Rewards
https://peakd.com/@apeminingclub/activities
Gogreenbuddy
Curation Rewards
https://peakd.com/@gogreenbuddy/activities
On Hive a significant issue exists with automatic upvotes consistently rewarding the same individuals day in and day out
We want to address the issue of downvoting. It has caused pain to many people, and we want to make sure it doesn't happen again reply to @jacobtothe
On Hive a significant issue exists with automatic upvotes consistently rewarding the same individuals day in and day out
We hope that those who genuinely care about Hive will reconsider their actions, as continuing down this path could inadvertently harm innocent users who are unaware of these issues
lol the Marky mark keeps dreaming
There's been a notable increase in frustration and concern among many users
Reply 2 @crimsonclad You may consider yourself clever
Reply to @crimsonclad
Consider revising the value plan, as it's not providing significant benefits to HIVE
The Value Plan, as it stands, seems to be a one-sided relationship with the HIVE platform, where the benefits are one-way
Actions indeed speak louder than words, a fact we've all observed individuals may talk a good game, a whole lot of shit, but their actions often expose their genuine nature LOL
We consider it unwise to engage in harmful actions, even if you think you can escape the repercussions
https://hive.blog/politics/@jacobtothe/re-bpcvoter1-shjdc8
The Hive Police aka Hivewatchers, are the real heroes of Hive LOL, aren't they?
Feast your eyes on Hive's trending page, what a load of trash
LoL it's the Hivewatchers Hive Police, dishing out orders like a bakery LOL! Folks, do what you want with your Hive power, just as you please. And you, Hivewatchers, downvote away, but remember, judgment day's coming
Harry fam We're just here, laughing at the shenanigans on Hive! Sure, our content's getting downvoted, but hey, it's all part of the game LOL
https://hive.blog/hive-158694/@hivewatchers/shhnhs
adm [-]
meesterboom [-]
steemcleaners [-]
jacobtothe [-]
logic [-]
chekohler [-]
b00m [-]
celestegray [-]
citizensmith [-]
sazbird [-]
technicalside [-]
bagpuss [-]
vxn666 [-]
spaminator [-]
meestemboom [-]
ihal0001 [-]
tillmea [-]
meesterleo [-]
meesterbrain [-]
unclefunker [-]
and 1 more
https://hive.blog/hivewatchers/@bpcvoter/shqkqc
On Hive, there's a user who frequently burns a significant amount of Hive LOL with his own accounts
How To Fool An Entire Population
it's so, so concerning to see Blocktrades delegating 2+ million Hive power to Buildawhale, and Buildawhale is downvoting legitimate content
We began sharing factual information following unwarranted downvotes on Hive it's all in the transactions
Upon examining our posts, you will notice they have been downvoted, and we've been labeled as scammers and spammers, which we find amusing. We consistently share new content
Once again, we ask why is our legit content being downvoted on Hive and what is the reason behind it. Hivewatchers ADM spaminator steemcleaners guiltyparties logic
We have Hive witnesses farming Hive, self-voting, operating comment farms, and self-funding projects with community resources
https://peakd.com/@themarkymark/activities
https://peakd.com/@buildawhale/activities
https://peakd.com/@blockheadgames/activities
https://peakd.com/@hiveauctions/activities
https://peakd.com/@gogreenbuddy/activities
https://peakd.com/@meritocracy/activities
https://peakd.com/@gogreenbuddy/activities
https://peakd.com/@jacobtothe/activities
https://peakd.com/@usainvote/activities
https://peakd.com/@leovoter/activities
https://peakd.com/@usainvote/activities
https://peakd.com/@upmyvote/activities
https://peakd.com/@apeminingclub/activities
https://peakd.com/@punkteam/activities
Posted using Bilpcoin
!INDEED !WEED !PGM LUV !PIZZA !PIMP !ALIVE !CTP !BBH !VSC !INDEED !HOPE
Delegated: 4,046,288 HP
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@buildawhale 2,308,692 HP Sep 29, 2017
@ocdb 1,171,244 HP May 25, 2018
@usainvote 566,245 HP Aug 16, 2020
@blocktrades.spk 106 HP Aug 8, 2022
Received: 54,605 HP
@kriborin 18,559 HP Aug 9, 2017
@kevtorin 18,559 HP Aug 9, 2017
@lessys 17,093 HP Aug 9, 2017
@aprendizinfinito 129 HP Mar 11, 2022
@klinckify 111 HP Apr 19, 2021
@rt-international 109 HP Dec 14, 2023
@augusto2021 11 HP Dec 22, 2021
@spearhead1976 11 HP Nov 20, 2022
@titovieira 10 HP 5 days ago
@realazazel 4 HP Jun 15, 2020
@stunod 4 HP Feb 8, 2022
@pumpkinmimi 2 HP Oct 15, 2021
@logiczombie 1 HP Dec 24, 2021
@africka 1 HP May 12, 2020
https://peakd.com/@blocktrades/wallet
https://www.reddit.com/r/stoptheabuseonhive
https://hive.blog/hive-167922/@bpcvoter2/https-peakd-com-themarkymark-activities-they-are-are-now-trying-to-hide-to-builda-whale-curation-rewards-lol
I support what you are doing and I support burning some author rewards. I do 5% to null and of course it is only a tiny dent but I feel good to at least be doing something. Everyone else has the right to do whatever they want with their money. I write about burning tokens now and then, trying to get the word out so people can at least know that it is an option.
Let's keep going and see what happens!
Burn where it counts: DHF funds.
Can you elaborate or send link to explain more what do you mean?