Why I’ve Lost Any Hope Hive Has a Bright Future I’m Saying This Because I Care, Not Because I’m Bitter! I Love Many Here! But This Must Be Said! & Full Time Daily Participation Is No Longer Worth It!
Edit - Just making clear, I love this platform & many here! I just feel this needs to be said! But I’m not singling out any person or account! Just gotta be honest what I’m seeing that’s concerning!
Oh and yes, Hive is definitely going way lower and likely sub penny! Unless major changes are made!
End Edit***
Hive is drifting into the same trap that killed Steemit, and too many people are pretending not to see it. Large whales keep voting the same accounts and DHF proposals with zero transparency, while a growing percentage of smaller accounts survive almost entirely on delegation-based bot votes. Roughly 75 percent of visible rewards are effectively bought, either through paid subscriptions or locked-up Hive delegations.
This has created a culture where posting isn’t about ideas or interaction. It’s about obligation. Max out a 2,500 Hive delegation, post daily, collect your vote. That’s the deal. You can post two sentences and get paid. Engagement is optional. Meaning is irrelevant. We’ve already seen how this ends.
Steemit proved this model doesn’t work. People powered up large amounts, delegated for votes, and chased daily rewards while real activity died. Prices collapsed harder than any rewards ever made up for. The only thing that grew was the illusion of value under each post. Hive is not there yet, but the rhyme is getting louder.
What makes this worse is the refusal to admit reality. Activity is bleeding. The DHF is full of waste and circular funding. Yet the community narrative insists Hive is growing and thriving. It isn’t. Pretending otherwise only accelerates the decline.
Then there’s the fantasy surrounding HBD. Claims that it will become a dominant stablecoin or be adopted by Bitcoin infrastructure are not optimism, they’re delusion. Algorithmic pegs already failed. The market chose centralized, asset-backed stablecoins. That decision is over.
Hive doesn’t need cheerleading. It needs honesty. It needs whales and devs willing to admit the current model isn’t working and that growth isn’t happening. Without that, there is no course correction.
I care about a lot of people here. That’s exactly why I’m done pretending. Hive needs a reckoning, not another layer of bots, narratives, or forced optimism.
Thanks for reading!
For full transparency, I usual do vlogs because I hate writing, so I asked AI to correct spelling and punctuation and tighten up my typed blog. I’m posting my original un touched version below, I normally don’t type enough to worry about correcting minor mistakes or worry about tightening things up but for this I did. My original is below!
Why I’ve Lost Any Hope Hive Has a Bright Future! Only Saying This Out Loud Because I Love Y’all and Think We Gotta Be Honest!
All I see is the bigger whales voting for the same accounts and DHF proposals that they did before, with no receipts ever shown. Makes me wonder why. The smaller accounts who get about $10 on regular posts, 75 percent of them use multiple 2,500 delegations just to get a vote. If Leo votes them, there’s a 99 percent chance they’re paying a monthly subscription for that vote. It tends to be 75 percent of votes that are “bought,” either from delegating or buying straight up.
Even great people I consider friends are doing this, and I just don’t get it. Multiple accounts even get 90 percent of their daily post rewards from delegations or buying through Leo subscriptions. What’s the point? Some have interaction, some don’t. I just don’t get it. I understand why someone in a third world country would post for pennies a day just to get some value, but I don’t understand the huge group that posts daily with no interaction just to get 90 percent of votes from accounts that only vote in exchange for delegations.
This is exactly what Steemit turned into years ago, and it was obvious nobody read or commented on those posts. Accounts would leave 10K Steem powered up and delegate most of it out to get votes for every daily post. The Steem price collapsed far more than any rewards added up to, and it was a totally bad bet over years. Most of these are Hive users who post over there just to get these “owed” daily votes, but again, if they had just sold that Steem and powered it down, they’d be way ahead dollar-wise. It’s like a weird addiction to the visual effect of seeing value on each post, but long term it’s moronic.
I’m obviously not saying Hive is in the same boat right now. Hive has real interaction and other projects running on it. Still, it’s concerning to see so many accounts posting only for 90 percent bot votes like SGS or Ed’s, where you max out at a 2,500 Hive delegation and get a daily vote. SGS is a gated community and you must be a member, but it’s literally just an auto-vote from a bot. You can post two sentences and get it. This leads to people mailing in posts daily because they feel if they don’t post, they’re missing out on something “owed” to them. This doesn’t end well.
I love many Hive accounts, but the overall community seems stuck pretending Hive is growing and everything is fine. It’s not. We’re bleeding activity, the DHF is full of waste and abuse, and nothing changes. I stopped delegating to SGS and Ed’s months ago and I don’t mind the reduction in votes. If I’m going to criticize it, I don’t want to be a hypocrite.
Bottom line, smaller accounts feel split between people posting for fun and entertainment and people doing it as a routine, mailing in posts just to get “owed” votes. To anyone new, this looks ridiculous. Like, welcome! Most of what you see is bot votes where people lock up Hive in delegations in exchange for one daily vote. It feels like we’re heading for disaster, and even many good people are stuck in the mindset of “post whatever, I want my daily vote.” There are exceptions, obviously, but it’s a large group doing this.
Onto the devs. At Hive Fest 2025, a DHF-funded dev proclaimed that HBD was soon going to be one of the most widely used stablecoins and that the Bitcoin network would pick HBD as its main stablecoin. This is beyond nonsensical and false. It’s not just foolish. HBD has no future as a widely used business stablecoin. HBD had a reasonable purpose: issuing part of rewards in something stable. Now the community proclaims it’s completely safe and the peg will never break. Most algorithmic or artificially pegged tokens failed. The market chose centralized, value-backed stablecoins.
We as a community could deal with this if whales and devs just admitted where we actually are. Hive is not in a good place. If we admitted that, we could change course. Instead, we get a fake, ridiculous narrative that we’re growing and doing great. No, we are not.
We need a total rebranding and a total admission of reality. I don’t see that ever happening. I love many people here, but I can’t sit and watch the nonsense anymore.