How is the correlation on a longer term chart? Seems like every time hive or steem tries to decorrelate it doesn't last for long. Probably because of all the traders arbitraging this pair.
I do have some good memories though thinking back at steemit 5 years ago. But it always has been a failed project from the start. Think about the whole tokenomics. People get free money for posting crap. Ok, where does the money come from? No such thing as a free lunch. It's just inflation, we all pay for it. But nobody ever curates content, it's more like a circle jerk. A vote for a vote. Or people sell their votes for money :p. The whole idea didn't make much sense to begin with and then there is just too much "corruption". The only reason steem should go up or stay stable is if the user growth is more then the inflation.
You also have a Blurt blog set up since it was another Fork from Steemit in 2020 … same time as Hive. I earned $20,000 usd already on Blurt …. Converted most to Bitcoin in Ionomy.com
Hive seems more legit to me at this point. All the developers and English community moved to there. Here is just Korean nowadays.
How is the correlation on a longer term chart? Seems like every time hive or steem tries to decorrelate it doesn't last for long. Probably because of all the traders arbitraging this pair.
I do have some good memories though thinking back at steemit 5 years ago. But it always has been a failed project from the start. Think about the whole tokenomics. People get free money for posting crap. Ok, where does the money come from? No such thing as a free lunch. It's just inflation, we all pay for it. But nobody ever curates content, it's more like a circle jerk. A vote for a vote. Or people sell their votes for money :p. The whole idea didn't make much sense to begin with and then there is just too much "corruption". The only reason steem should go up or stay stable is if the user growth is more then the inflation.
I prefer Blurt blog https://Blurt.blog …. No downvotes. I am not a fan of Hive ….
All the angry Downvoters moved to Hive.
You also have a Blurt blog set up since it was another Fork from Steemit in 2020 … same time as Hive. I earned $20,000 usd already on Blurt …. Converted most to Bitcoin in Ionomy.com
https://blurt.blog/@niel96
lol didn't know that
Yeah… post over there too and I can give you some upvotes…
https://www.coingecko.com/en/coins/blurt
It trades on Ionomy, Hive-Engine and Probit
Oh… ha ha … never mind …
I see you have already sent it all to Hive-Engine