You asked
Are we losing active users?
It took about 8 hours lol. I wanted to make a chart to see if we are indeed losing users. I was also very curious to see how price movements affected how many active users we have. (Turns out a lot! To be expected, honestly...)
I made a post about it with some insights and explanations
Here's the chart:
https://hive-stats-sable.vercel.app/
Long story short, though... yeah, we have fewer users than when the price was similarly low around 2019.
This chart is actually super helpful. It gives concrete proof to the argument I've been trying to make: the rewards garnered on this platform will always be tied to the level of active users and the level of quality of their posts on average.
I think the sooner we Hive denizens accept this and begin to take it into consideration going forward, the better.
Exactly. It’s a fundamental issue of incentive alignment. While a dedicated core will always contribute out of passion, mass adoption requires mass incentives,which are currently lacking. Many will say "don't think about earnings, do it for the sake of it", but that mindset doesn't scale. Ultimately, price action, ease of use, and platform perception are what actually bring people through the door, encouraging long-term holding and active participation.
Hear hear and well said!
Nice will check it out