By now I think many of us would have been starring at the hive and looking for a new platform, so we can jump in immediately for getting a new piece of them. Let's talk about what can possibly happen in two days time.
As I mentioned yesterday, is getting back their stake in very short time, which coincidentally the launching of
. So, there is a possibility of Stinc to use their ninja stake to retain users in
.
As a HIVEan, what do you think you can do? I, would like to continue to blog in HIVE, at the same time cross posting in Steemit, just to prove a point that I WILL abuse Steem. If taking off downvote is what they've been asking for, by right I won't get downvote in steem Blockchain. If they do, well that prove the new steem fork doesn't work. Steem still need to downvote to control spam.
There's only this much of steem in the market, I don't think Justin is buying anymore new steem at "over priced" value. I believe he will start to get his steem from the exchange and start flooding the market or power up for witness vote to support 22.5. This will be explained why there are increased numbers on the witnesses whom support 22.5, yet there's not much changes on the Steem market value.
The new HIVE chain clearly have better understanding in terms of technology. But, how does people react in terms of economy, I thinkText here no one can guess it. My best guess is, witnesses will start to migrate in order to support the new chain. So what happen to the original #steem chain? Power down? This actually give an edge to 22.5 when other witnesses started their great migration. Which means, Justin can do whatever he wants to his steem, and vast majority of our steem which currently still at stake.
Once the top 20 being replaced by 22.5, there's a chance that new fork will came through and power down could be one touch instant. Now, as a user, you can choose to remove all your steem and sell them at whatever cost, move on and forget about the hardwork we've lay down over the past few years. Or, you can start powering down, sending the stake to another account, self vote again, and repeat the same thing for as much as possible. You'll eventually get loads of steem, but not forgetting Justin and your fellow spammer friends will be doing the same as well. So, where does bunch of steem takes you to? The moon? I don't think so, by then whole market will be flooded with not only ninja stakes, probably tons of newly printed worthless steem. They're not color coded, you won't know which are the bad apples.
I think the Korean community will try to salvage the situation in steem, but where does that take them to? With 22.5 currently? I guess, it's now their war with Justin. When Justin power down, the Korean stake is at risk. Whether will they try to protect their investment, it's entirely up to them. By then I think our current top witnesses will be evacuating one after another.
Back to HIVE, now assuming the dApps already migrate or concurrent exist in Steem, those who lost their delegation in steem, what difference will it make in HIVE? As far as I'm concern, there's no ninja hive stake in HIVE, which means
will still be a small hive stake holder. How does that encourage users to continue to work with them over the long run? Curious, I'm just curious. But I already seen super deficits in esteemapp users since the undelegation, some curator doesn't even answer to curator channel anymore 😂 ok sorry, that was not funny.
Steemcleaners and is cool enough to continue to act like a community police, and I'm really grateful for that. Once again, new HIVE without ninja hived tokens, steemcleaners by right will have absolutely nothing to continue guarding our new home.
will still have to fork out his hive power to maintain the order of the community, to fight abuse.
Seriously guys, I side neither(shit I was supposed to say I support both side!). But I do have request for the HIVE minds. Please maintain our steem battle. I just don't believe wealth can be transferred to HIVE by air drop. I don't know about other major stake holders, may be will have something to say about this.
Removing the steem ninja stake from hive, that makes a hive without ninja stake. Steem losses support from the community, their wealth shrunk by the number of hive gain. Hive without steem ninja, hive started to gain value from wealth migrating from steem, but without the ninja stake.
Let's face it, this is global economy. All the stuff I studied back in early millennium are useless. Blockchain make the world so small, and our wealth binding contract now within the crypto world. If the money is not in steem, which means it's in hive, vice versa. There's no immediate demand in steem, other than their(our) users, I don't see they(we) can sustain at this price any longer. Same goes to hive, the only demanding users now, are the Steemian who disagree with reward raping, are moving over to hive.
I urge US to stay cool, decorate our new home and still fight the war in our old house. Although we will be focusing more on our new house, we still need to up keep the old house until someone come and buy it, so we don't buy a new house and lose the old house. Don't forget, the new house has the exact setup as the old house, same size, same home appliances, but without essential supplies which the old house used to have (ninja stake delegation).
One last bit, there's still another worry in steem-engine, which possibly able to translate wealth in steemp to hivep, are we going to do that? If not, when steem die, my steemp will be worthless, and all the tokens earned from community will be gone as well. Shit man, I had to move myself from a house to the hive, which exactly the same but without ninja stake, and now I can't carry my dog with me? 🐕 Ok man, really gotta go. I feel dizzy by just thinking about the economical imbalance right now, become nonsense