RE: Engagement is the Name of the Game!

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RE: Engagement is the Name of the Game!

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yintercept in FreeSpeech • 4 years ago

I agree that comments have a better effect than upvotes.

I've noticed that votes on posts tend to be dominated by robots. There is a huge number of bots that upvote right at 5 minutes .... which is the optimum time for getting curation rewards.

Upvoting posts ends up giving rewards to the bots.

I decided to buy enough HIVE to get my upvote above $0.02 (the minimum payout amount for an upvote). The upvote calculator shows the value of an upvote for a given amount of HIVE.

In general, it takes about $500 in HP for an upvote to be worth $0.02.

Of course, my buying HIVE caused the price to halve. Sorry about that everyone.

BTW: When my upvote value is less than $0.02, I will look at the comment section of an account I appreciate and upvote the posts that I can bring over the two penny threshold.

Anyway, my observation is that upvoting root posts tends to reward robots. Upvoting the comments gives a higher reward to humans.

4 years ago in FreeSpeech by yintercept

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jacobtothe 4 years ago

I know several witnesses have discussed modifying the reward curve to give more opportunities to human curators instead of rewarding the 5-minute bot votes. I'd like to see that play a key role in the next code fork.

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yintercept 4 years ago

The bot programmers will optimize their creations to whatever formula HIVE adopts. If the witnesses change the formula, the bots will be the first group to respond to the new formula.

Peakd.com shows the read time for a post. Perhaps the grace period for upvotes could be set to the calculated read time.

I've encountered the situation where the post has a ten minute video. When I am done watching the video, there is a score of bot votes timed just at 5 minutes. My upvote will reward the bots.

I think the strategy of making comments a primary focal point of HIVE is still a good long term strategy for humans.

The strategy of upvoting comments brings one into the important question of how much HIVE POWER should accounts buy and hodl?

Adopting this strategy creates the incentive for people to follow the price of HIVE and to actively trade HIVE.

When I wrote my reply yesterday, my upvote was worth over $0.02 . There was an 8% drop in the price of HIVE and the value of my upvote fell. Peakd reports my upvote is worth 0.019 STU. Aaaaarrrrgggghhhhhhh!!!!!!!

The strategy of upvoting comments engages people in conversation on the platform encourages people to actively engage both users on the platform and the price of HIVE.

Now, if we could just convince a bunch of ~~suckers~~ Hive Users to adopt the same strategy, the price of HIVE might become a bit more stable and we get more people actively engaged in comments.

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