How much burned by the burn posts in July?

kgakakillerg 3 months ago

Why are you downvoting my original content and why do you vote your own comments with multiple alt accounts 🤔

If want to talk contact me anytime @kgakakillerg

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fonestreet 4 months ago

!DOOK

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dookbot 4 months ago

^{You just got DOOKed!}
^{@fonestreet thinks your content is the shit.}
^{They have 1/200 DOOK left to drop today.}

^{Learn all about this shit in the toilet paper! 💩}

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https://peakd.com/@themarkymark/activities

bpcvoter1 4 months ago

!LOL

https://peakd.com/@buildawhale/activities

https://peakd.com/@buildawhale/comments

https://peakd.com/@themarkymark/comments

https://peakd.com/@gogreenbuddy

https://peakd.com/@gogreenbuddy/comments

https://peakd.com/@gogreenbuddy/activities

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bpcvoter1 4 months ago

!LOL https://hive.blog/@usainvote/comments WHY YOU NOT BURNING WITH THIS ACCOUNT NO MORE

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abdex9 4 months ago

That's impressive 🙂

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hivepulse 4 months ago

How do you see this? Is it going to help surge the price a bit?

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themarkymark 4 months ago

I do a query each month to see.

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hattaarshavin 4 months ago

Hello @themarkymark why my account got downvoted @buildawhale even though I have been removed from blacklist from @hivewatchers ?

2 votes

bozz 4 months ago

Thanks for the info. I never really understood the burn posts before. Then again I never really looked into them either.

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bpcvoter2 4 months ago

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pizzabot 4 months ago

PIZZA!

$PIZZA slices delivered:
@bilpcoinbpc_(3/5) tipped @themarkymark

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https://hive.blog/hive-167922/@bpcvoter3/ipromote-aka-buildawhale-themarkymark-gogreenbuddy-usainvote-upmyvote-theycallmemarky-steemgeeks-leovoter-100s-more

bpcvoter3 4 months ago

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walindo 3 months ago

Hi @themarkymark, I have been getting downvoted for the past month, is there any specific reason behind that?

bpcvoter1 3 months ago

HIS MAIN ACCOUNT @GOGREENBUDDY

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davedickeyyall 5 months ago

bitcoinflood 4 months ago

Olympic Games Sport GIF by NBC Olympics

2 votes

valued-customer 4 months ago

This has become my understanding, developing from long consideration of the token burn mechanism purported to reduce inflation. Inflationary currencies promote distribution, as Ben 'Helicopter' Bernanke has demonstrated. Hive's primary impediment to increased value isn't it's inflation, but rather it's lack of adoption, which token burning discourages.

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nonameslefttouse 4 months ago

Lack of adoption is an interesting one.

Inflation is a glacier. We have a reward pool, so think of a pool of water. Voting is like draining that pool, forming a river. Near the banks of the river you have several whirlpools, holding the water. The rest continues to flow downstream. Some escapes the whirlpools and flows downstream. Some might find itself in another whirlpool for some time. Eventually, all the water reaches the waterfall.

So yes. We've created a scenic river many enjoy. Letting everyone play in the water has been/could be an attraction.

Adoption stops at that waterfall. We've not built a dam there to harness the energy. There's a big lake forming down there and nobody wants to swim in it. All that water or rewards got dumped over the edge.

Get people to play in that pool, way down there, and we've once again established adoption.

They will carry that water back to the pool, as they're buying it to support the products creating the waterfall. Precipitation. Now you have mass adoption.

Majority of those playing in the river right now have no clue what I'm talking about. The glacier is melting away.

Burning doesn't inhibit mass adoption, due to lack of rain. It's just preventing a small amount of water from escaping one of the many whirlpools.

Something like that...

valued-customer 4 months ago

"Something like that..."

Indeed.

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ssjsasha 4 months ago

If there was a 0.01 Hive base fee for every transaction, that gets burnt, do you think that would help the chain at all or if anyone would even care to pay this fee? I mean we can play with the numbers a bit but these burn posts are super impressive. Imagine if that $10,000 was mostly sell pressure, with our illiquid pairs not sure how long the price would sustain.

themarkymark 4 months ago

I’m not sure it would make much of a difference. The fee is usually low enough it’s fairly insignificant. It would also go against one of the main tenant here of no fees.

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2 votes

thedrummerboy 4 months ago

Burn posts don't do shit for the token! TheFartyMark with his twink BuildaShit: A selfvoter on his own shit posts AND shit comments, leeching the reward pool with hundreds of HIVE and HBD with multiple accounts every day (curation rewards) while farming repution (86 at the moment) on his own BS, who downvotes others doing the same. You're a hypocritical POS TartyTart... Go fuck yourself DA!🤣

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witnessbot 4 months ago

Hello @thedrummerboy
This is my own !BEER
Have fun with it!:)

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isnochys 4 months ago

Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below

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beerlover 4 months ago

^{View or trade BEER.}

Hey @thedrummerboy, here is a little bit of BEER from @isnochys for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

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beerlover 4 months ago

^{View or trade BEER.}

Hey @thedrummerboy, here is a little bit of BEER from @witnessbot for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

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nonameslefttouse 4 months ago

That's a lot of HIVE. In less than four months, you burn an entire me.

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valued-customer 4 months ago

I have formerly participated in the token burn posts, but my understanding of currency has evolved such that I now reckon wider distribution would more benefit Hive than increasing extant token value.

Were I yet convinced of your oligarchical membership I would yammer about the plot to prevent adoption in order to prevent domination of governance by acquisition of Hive by off platform investors. Now I reckon your interest in the token derives from your personal plans, which seem not to be based on gaining wider distribution and more users, but to focus on increasing the scarcity of tokens to increase the value of those you hold. My own fiscal policies are also consistent with my stake, so I'm not flinging accusations, but simply noting that our policies are consequent to our resources and plans.

Thanks!

themarkymark 4 months ago

I’m largely trying to counter poor dhf spending and the increased sell pressure it created. Also the fact we have a microscopic user base but are creating like 90k hive a day.

valued-customer 4 months ago

I sincerely appreciate the fact that you are doing something you reckon will improve things without tromping on any toes. I don't harbor any illusion that you should be helicoptering your Hive tokens - or Hive should that 90k - to Fakebook bots, or on Twatter. That might pique curiosity in one of the bot farmers and bring a new user to the Hive, but it will produce selling that will put pressure on price, and that would be bad for you and Hive. However, I don't have enough tokens to helicopter any, or much care about the price (as affecting me personally).

I note we both care about the userbase of Hive, and Hive isn't gaining 90k users a day, nor does the current environment seem to intend such growth. I think we'll agree that no matter how many rally cars Hive funds through the DHF we're not going to generate growth in users nominal to justify that inflation. I think there are changes that can be made to make the environment attractive to new users, but the recipients of that 90k (that fund the rally car) will continue to oppose those changes.

So, who is getting that 90k? Off the top of my head without checking any of my assumptions I think of the top 20 witnesses, then the Smooths and Blocktrades of the DHF, then the Real Wolves of Trending, all of whom I assume have ~100k accounts across which they share the love. Are there any particulars you are aware of that pin the 90k tails on the right donkeys? I should look and compare curation rewards to author rewards to see which churns out more of that inflation, and wrap my head around the DHF and how conversions of HBD to Hive impact that 90k, but I didn't. However, I wonder if you know these things already so post these questions to you to save time if you do.

Thanks!

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themarkymark 4 months ago

Reward pool gets most of it, then witnesss, and finally filling dhf

valued-customer 4 months ago

Ok.

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themarkymark 4 months ago

If I remember correctly it is

65% reward pool
15% staking
10% witness
10% dhf

HBD interest is additional inflation and a lot of the dhf funding is from the ninja mine not the 10%.

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bpcvoter2 4 months ago

STOP THE @BUILDAWHALE FARM

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valued-customer 4 months ago

It seems apparent that the DHF cannot continue the rate of depletion ongoing. Since HBD interest has just declined by 5% it seems there isn't dedication to sustaining the proposals currently being funded with new debt from stakeholders capable of voting for it.

I appreciate the greater detail. I won't press further.

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https://peakd.com/@buildawhale/wallet

bpcvoter2 4 months ago

Staked Hive Tokens - Hive Power (HP)
Always a reward on posts. Exchanging Hive for Hive Power is called "Powering Up" or "Staking".

Stake/Power up your HIVE tokens to have special abilities on the Hive Blockchain:
Larger voting power and increased curation rewards
More resource credits to do transactions on Hive Blockchain
More stake in Hive governance to support witnesses and projects

Hive Power increases at an APR of approximately 3.30%

73,585.851 HP
(2,301,627.566 HP)
A power down is scheduled to happen in 7 days (~7,291.521 HIVE, remaining 6 weeks)

@BUILDAWHALE Received: 2,301,628 HP
@blocktrades 2,301,575 HP
@nwjordan 24 HP
@gillianlienmap 23 HP
@epicgames

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bilpcoinbpc 4 months ago

Mar 16, 2024, 9:33 PM
That’s him
Gogreenbuddy = Marcus Lobenstein = The MarkyMark
Mar 16, 2024, 9:35 PM
Anyway … I don’t care anymore … I’m earning much more on Blurt and Steemit
Those are the places to be
They appreciate artists, photographers, filmmakers
Hive is a Ponzi scheme run by markymark
Mar 16, 2024, 10:07 PM

We won't stop until Hive is dead or change is made

Mar 16, 2024, 10:09 PM
They will never ever change
They make too much $$$$
Stealing from the poor to give to Marcus
Mar 16, 2024, 10:10 PM

We will make them change or just expose them all

Mar 16, 2024, 10:15 PM
The best thing you can do is just blog on Blurt and Steemit and sell all your hive to buy Steem and Blurt
That’s what I’m doing
Earning 20% on HBD and selling every penny to buy Blurt and Steem
Mar 16, 2024, 10:16 PM

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introvert-dime 4 months ago

I find it a bit surprising that no sincere effort is made in marketing hive as a social media platform to attract new users. Its primary value is a social media platform, and it will always be compared with other social media platforms. The average users do not care if it is web 3 or web 2. Attracting new uses should be the primary effort and should be done by marketing.
Other social media platforms use AI tools and algorithms to attract the attention of users and display the content that has a high probability of user engagement and retention based on user activity which is missing on hive.
On a personal note @themarkymark can you tell me the reason of downvoting all my posts? What level of enjoyment do you and your @buildawhale bot get by downvoting my content?

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indeedly 4 months ago

@bpcvoter2, sorry! You need more $IDD to use this command.

The minimum requirement is 50.0 IDD balance.

More $IDD is available from Hive-Engine or Tribaldex

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hopelizer 4 months ago

@bpcvoter2, sorry! You need more $HOP to use this command.

The minimum requirement is 1.0 HOP balance.

More $HOP is available from Hive-Engine or Tribaldex

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daveks 4 months ago

Taking a closer look at your blogs, they are fine, it is just that you are self voting your own posts which is frowned upon here. That is it! Keep making good content.

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