RE: HBD On Pause For Now
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First off I love this platform, because it is censorship free for the most part. However it also needs to be rewarding people for staking. I have gone from about 4000 HIVE to over 7000 HIVE and my account value is lower now than it was at 4K. If I had cashed out and taken the earnings elsewhere I would have higher value not lower. Good thing that is not why I use this platform.
This platform is in major need of some new people coming here and using the platform. Long gone are the days when you heard about HIVE anywhere. There almost no major influencers driving traffic here as there is no incentive to do so. I have a 40K subscriber Youtube channel, but none of the major whales here are interested in my promotion of the platform. Kinda tells you everything you need to know.
It used to be half the youtubers I watched in alt media would be promoting steemit, which became HIVE, however that is totally gone because the wrong horses were backed. Most of the alt media that were chosen to promote this platform are charlatans and were only here for the money. Since the money is gone, they are gone.
Whoever the top people here are on HIVE, ya'll need to identify some actual good hearted people who make interesting and engaging content to drive traffic here. I am not talking about myself as this is a hobby for me, but content creators who care more about content than money. The type of people that will promote HIVE because it is not censored rather than because they are being paid off to do so.
Without increasing traffic here, bringing in new people, this platform will likely continue to lose value. Something has to change.
I agree Hive definitely needs a steady flow of new users signing up. I think it will happen as more and more people are unemployed and have to find alternative types of income. I went from a value of $250k down to $15k so the volatility is normal in crypto.