Do you ever see a high rep Hive poster that is actively posting or commenting, and when you check their wallet they have plankton staked (less than 500 HP)? I am not talking about delegating most of your stake, that is understandable. What I mean is when you keep your total Hive stake balance just enough to have enough resource credits to comment on all of your posts and others.
There are many Steem accounts that relics of the past, that earned much but sold at some point or another. But that is not what I am focused on, its active users that sell 99% of their rewards.
https://hivestats.io/@solominer
I am not looking to call anyone out here, so I am going to just display my stats. I have staked a little less than 3X than what I could have ever withdrawn. And I continue to power up.
But I feel like my account is the extreme other side of the issue I am talking about. You can find many active Hive users that have earned thousands if not tens of thousands of Hive, yet they have a hundred HP or less staked.
Using the website Hivestats.io that is LEO's Dapp has given me great insight to others staking habits on Hive. And sometimes I feel shocked when I see someone earning thousands of Hive yet they only have a few hundred at most staked. Just enough to comment and post.
https://coinmarketcap.com/currencies/hive-blockchain/
We were approaching all time lows for the price of Hive in the last few months. And I have stopped selling for the moment. Right now Hive is at 20 cents, and it has made me think a lot about the Hive hitting the exchanges and being sold for BTC or whatever else.
So I am curious to others consider how much a Hive user has put into the network vs taken it out? For me it does, and I have seen people on discords complaining about how little rewards they earn now.
But if you looked at their stake, its 10x less than what they have earned over the years blogging. Nearly no curation rewards, and were some of the most vocal users when the 50/50 curation reward split happened.
How do you feel about this? Do you find all of this sleuthing pointless? Or Is this a crucial group of Hive users without would cause the network activity drop significantly? Possibly other issues? Many of them leave great comments, and maybe this gain to the community is worth it?
Or does it indeed affect your overall opinion of a Hive user?
I would vote No, as I feel one of the reasons Hive and others have fallen in altcoin ranking overall is due to this. If more is removed from the network than gained it will have a negative effect in my opinion. And there is not much I can do besides to vote less for that person, knowing they are just going to cash it out right away.
If someone could show me it is not hurting the network I am open to changing my mind.