When your HP is too low for upvotes to matter.

Not everyone is a whale


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(image source: Dall-e. I gave it the article it gave me the image)


This post is specifically written for @lovlygirl in response to her Actifit post which you can see here

Here are some of her thoughts:

  • Increase Actifit rank to 30+
  • Change from low paying delegation to @actifit to higher paying one @helios.voter
  • Delegate 50% of her HP .... (I think it should be 100%)
  • Earn passive income by holding coins (GLD)

However I have to respond to these :

​The other 50% of my HP will stay in my wallet. This is a strategic move to ensure I have enough Resource Credits (RC) to post daily and, more importantly, to start giving my own upvotes some actual value. Seeing my vote valued at $0.000 was a wake-up call, and I am determined to grow my influence so I can support my friends in return.

as I think this is a weak choice

The idea of earning 8% weekly distributions just by holding the tokens in my wallet is exactly the kind of passive income I was looking for.

as I think this is a great idea

Here, you don't just post; you invest. You don't just like you curate value.

Which is so very true



One of the biggest things I love on Hive is its curation value. I also love that Resource Credits are real. I also love that it has a reputation score. When you add them together? I don't see comments nearly as negative as traditional social media. I don't see endless flame wars. I see things being far more civilized.

  • When you have limited upvotes and downvotes you think before you like
  • When your thoughts can make you money you tend to frame things more nicely so you can get cash
  • When a downvote affects if you are seen you tend to be respectful as negative comments have consequences

In that way when I see celebrities who quit social media because of trolls I wish they would come to Hive. Sure they could be trolled here just like anywhere....but I would hazard a guess it would be much much less common. Besides, Hive is complicated enough and usernames valuable enough to keep spam accounts at bay (to a degree).



But I digress.

I think @lovlygirl has the right idea in wanting her upvotes to matter. The problem is you have to weigh curation effort to the amount of return you get on Hive.

  • If you delegate 100% of your HP to a curator you get a higher return with little effort.
  • If you curate content yourself it is much more work for a typically lower return.

Here is the problem.

Assume that @lovlygirl built up her HP to the point where a vote is worth 0.004 ... yes it is possible. However, it will absolutely take time. Now the first upvote will be worth the 0.004 but each subsequent vote will be worth less. Also upvote power increases slowly during the day. A person gets about 10 upvotes worth of power regenerated daily. If you are at 100% power you get no additional upvotes daily. Vote too much and you lose power. Vote too little and you lose opportunity and return.

To get the most curation value :

  • You have to find 10 good posts daily.
  • You have to make sure you clear the "dust" threshold as anything under 0.002 doesn't pay out

Factoring that in? It means a lot of work everyday trying to find 10 good posts to upvote AND having enough HP to have it matter.

If you delegate? The curation account does the work of finding the posts and as things are paid weekly (usually) even small amounts of delegated HP clear the "dust" bar and make for reliable income.

But delegating everything leaves no resource credits!

True. That's why the Great Little Dragons curator delegates HP to those who want to follow the GLD pathway so they can get full rewards by doing maximum delegation. (Note: 20HP has been delegated to the @lovlygirl account so she can delegate all her HP without losing the ability to interact with the chain).

@dlmmqb will probably tell me that delegating RC is the better play here as it allows the new user to interact while leaving the curation account with full voting power. He's right but I haven't actually figured out how much RC I should delegate to keep a new user fully able to do things :D



But curating good posts is important!


@lovlygirl is actually 100% correct in wanting to have her upvotes mean something! Curation is important! However, its just really hard to do well with the current low price of HIVE. Luckily the BBH project has a really cool answer.

Now I still believe that going along the GLD pathway, holding GLD tokens, and delegating to the GLD curator (@hiveabbyftp) is the most profitable way for her to develop her HP stash and rewards and I'll write a dedicated post on why in a different post.

My recommendation to her IS to build a stash of BBH tokens though.

Here is my reasoning to recommend her buying 1000 BBH tokens.

  • Detail: 1000 BBH tokens cost very little

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They cost less than 4 Hive which she will get in a week after getting her post payout from a GLD sponsored HELIOS burn (watch for the @helios.delegator)

  • Detail: 1000 BBH tokens gives you a weekly distribution of swap.hive (along with other coins)

That swap.hive is really useful in purchasing BBH, AFIT, GLD or other tokens over the long term.

But the true power

Is the tipping!

If @lovlygirl has 1000 BBH then once a day she can write one reply and throw in the letters !BBH into the message and two things will happen.

  • First she will get 1 BBH token
  • Second -- it will give 1 BBH token to the person who wrote the post

If she has 100HP locked in her votes are worth nothing.... boooooo

If she holds only 4 Hive worth of BBH? Her tip is worth... 0.004 Hive and she also gets value!.... horray

But it seems too good to be true?


Looking at the value of that BBH vs the investment?

  • 0.00397 Hive/day * 365 days/year = 1.45 Hive / year
  • 1.45 Hive/year / 3.97 Hive cost * 100% = 36.5% return per year

That one vote gets her 36.5% return on her investment! Plus it gives value to everyone she comments (and uses the tip command) on.

But does the tipping command actually work?

Here is my comment with the !BBH request

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Here is the tip received in @lovlygirl wallet feed

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Here is the BBH token given to me for requesting the tip

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Why the extra information?

Well, notice how I'm getting 0.00893466 swap.hive weekly? That's because I hold 19583 BBH tokens.

Doing a little math :)

1000 BBH would give me 0.000487 swap.hive weekly which is 0.0238 swap.hive annually.

Is it tiny? Yes.
Is it measurable? Yes.
Is it more valuable to use the !BBH command? Yes.




But is it awesome?

Yes.

If I'm summing it up?

I love the fact that @lovlygirl wants to give value to posts she likes. She wanted to do it with the upvote mechanic built into Hive and I applaud her for the thought. Getting the best return for her and the bigger value to the content she likes?

Delegate everything...
...spend a little on some BBH
...bring in the tipping BOT
...get more BBH and a weekly return on the coin.

I don't think it gets any better than that.

Plus thanks to @bradleyarrow for putting in the work to make the BBH project

and thanks to anyone who made it this far in the post. I always appreciate views on posts and comments as well. If you notice I got anything wrong? I'm not perfect, please let me know. If you know any other good tipping bots? Well, I'd love to hear about those also :)



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What an awesome post. Thank you so much. I hope it gets lots of reads and votes :) !BBH

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Your welcome.

I'm still going to promote the Great Little Dragons wherever I can..

... but credit where its due. BBH is a great way for people to give actual value when they don't have much of a voice of their own :)

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Hive "decentralization" update:
Cartel prints money → cartel pays itself 6-7 figs → you get diluted
Same scam, different block.

Gentle reminder:
powerDown
sell
enjoyBeingLiquid

You're welcome when you're sipping something nice instead of praying for $3.

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I'm well aware of the Hive "cartel" print your own money and deflate for everyone else. It does suck but then again, I also see value in the blockchain itself and in level 2 altcoins.

There is a way around it though without powering down and deflating the coin for everyone else.

The dream of the Dragons is :

  • Use Hive to extract value
  • Use that value to invest in yourself / FIAT investments offchain
  • Use dividends from those investments to buy back into HIVE and support it.

Hive can empower people with small amounts of money. Go offchain (liquid as you said) to avoid losing value. But use real world dividends to put value back onto the chain to help the chain that fed you.

If enough people did this regularly? Then it becomes decentralized and the regular people have more power than the cartel :)

Just my thought and thank you for yours.

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Brilliant post ! A couple of observations...

I think (but I am sure someone will correct me if I am wrong) since the hard fork a few months ago that your vote value doesn't decrease when your vote power goes down, although many front-ends still seem to show it going down. i.e. if your vote value is $0.004, then it'll stay at that with every vote until you run out of vote power, which regenerates at around 20% a day.

Also, the dust threshold is $0.02 not $0.002. It just means that if your vote value is low, you should vote on posts and comments that others have already put over that threshold - it is cumulative for the post, not per individual vote.

For me, the key thing is to work on building HP as fast as possible. Manual curation is slower than delegating or automated curation, but it gives you the chance to make worthwhile comments. Some of those will get upvotes in their own right, but what also happens is that people will notice you; you'll pick up followers who like what you say, and that'll get your posts more votes, and thus more HP. Also, I tend to convert Tribe Tokens I don't collect into SWAP.HIVE, then periodically turn that back into HIVE and power it up. But BBH is one I definitely do collect 😁 I also collect a couple of others which do regular drips in liquid HIVE.

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The dust threshold of $0.02 makes it worse :) When I see upvotes of 0.000 or 0.001 it takes a lot of them to clear dust. I know there is @dustsweeper which can clean things up but that's a bit much for a newbie post ...

As for increasing HP asap I absolutely agree but when I saw she had 50HP and the upvote value was 0.000 my thought was--find a way that you can show appreciation which avoids the dust trap and give immediate valuation. BBH seems to do that.

As for manual curation. Yes it is slower. Absolutely. But manual curation with 0.000 doesn't get noticed that much. I would guess that manual curation along with a comment and a BBH tip would get you noticed. As you mention, getting noticed leads to upvotes for your posts and advancing on HIVE to be certain.

Regarding Tribe tokens you don't collect. I do the absolute same thing. However, I do like to see what each tribe token does. Some are garbage and some are awesome. I'll take any help I can get figuring out the difference :)

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This post is full of informations. Every new user should get access to this post to understand how Delegation and Votes actually Work.
Thank you very much for sharing this great post.

!PIZZA
!BEER
!LOLZ

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(Edited)

Awwww... no !BBH tip... guess I'll just have to enjoy the beer and pizza hahaha

Thanks for the comment :)

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(Edited)

No worries!
Here again !PIZZA with some !BEER 🍻 ✨ 🍀 🌴 🌹

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Instead of delegating you can as well foloow a curation.trail and you will keep 100% of the curation rewards. It even keeps you your RC and you could as well use it for time, when you do not have time to upvote yourself and you cvould anytime upvote yourself if you want. It will increase your reputation, since it is your name behind the vote and no curators.

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Absolutely. I have a curation trail for the GLD community that the curator uses. However, if each vote is worth 0.000 then it still adds up to nothing.

End result?

For this account which has a grant total of less than 3HP I'll send !BBH to say thank you... and delegate.

Once the HP is enough to become measurable? I love using a curation trail to keep my voting power around 80% so I can still do manual votes that are meaningful while being able to throw a personal vote out every now and then to show appreciation :)

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Congratulations @bbh.gld! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

You received more than 200 upvotes.
Your next target is to reach 300 upvotes.
You got more than 10 replies.
Your next target is to reach 50 replies.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

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bbh.gld is a confusing name.

Maybe u wanna add a profile picture so I can instantly recognise it's u? @terganftp

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haha... Yup. I'm in disguise today.

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