In the long run I feel it would be good to see our community account getting to 1 million and at the same time all the member accounts become bit fat whale accounts who can cast fat votes of their own.Dear Piotr (@coach.piotr) I wish to support the community in every way I can so if it needs 50% rev share so be it.
I am also a big fan of what dear @achim03 proposes.
Since I see a lot of people from our community here so I would like to say that about a little more than a year back around March /April the steem price was close to 40 cents now with hive and all the development I see the price being far below that price.
So I certainly hope that by the time the community has 1 million hive power it is a lot more in terms of value and its values does not continue to depreciate in the manner that it has been doing so far.
What could be a viable strategy to counter this loss of value ? Any suggestions ?
Hi @thetimetravelerz
Glad to read your encouraging comment. I really hope to see you being part of this initiative.
I spoke to Achim already and I shared with him number of concerns and challenges that his suggestion would bring.
Not only organizing it (from logistic point of view) would be a nightmare and would require contacting every PH member and encourgaging to delegate their HP (instead of selling, which is usually happening).
Even if I would achieve that -> can our community delegate to ph-support 50k HP every month? 1mln within upcoming year? I don't think it would be technically possible.
Also: let's say that you have 10k HP and you would delegate to ph-support. Then that 10k would still be "within" community and overall upvotes would have same strength. Our authors wouldn't receive stronger upvotes - to achieve that we need to bring delegations from OUTSIDE of our community.
LEt's talk about it via discord.
ps. We've already managed to increase stake on ph-support up to 250k HP (was just 200k HP at the beginning of the month). Baby-steps :)
Have a great weekend :)
cheers, Piotr