It had been a while since I touched my votes on the witnesses. I think that the recent debate about moving the HBD APR is a good opportunity to use our power and thus express our preferences on the blockchain.
For my part, and after having read and exchanged comments with different HIVE Holders, I have decided that there is no reason TODAY to lower the APR of HBD, this being an excellent tool to "protect" our capital in HIVE in bearish times.
On the other hand, I also do not understand that there are people who see it only as a source to milk the blockchain. The times of milking are long gone with the disappearance of the Bid-Bots although we will never be free of characters that take advantage of the system. What's more, I think that more than one of the authors I've read in favor of reducing the APR are true milkers (LoL)...
I still think that 20% APR is juicy enough to attract investors here, as long as we come out of hiding within the crypto market which is quite difficult since we don't have any kind of active marketing.
As I have already said, I am going to change my votes accordingly, starting with those that point to values lower than 12%, why? because it is my decision and my criteria.
You too can do it and act responsibly as a HIVE participant at https://peakd.com/me/witnesses
I also review my witness votes from time to time. 👍🏻
Well done!
Everyone has their own decision. I plan on waiting to see how things play out a bit more before I revise my own votes.
I think the same as you, there is no need to lower the 20% apr, the market is bearish, which is why the hive price is down. when the market turn bullish, hive price automatically will go up.
The way we see the market at the moment is bearish, which is why we also see the price going down. But no need to worry as soon as the market starts going up then the price will also go up.
Well, that's your choice and opinion. I gerrit😊
#hive #posh