Shortsighted Milking Of The Tribes

This is my Leodex wallet and it is quite a sad state of affairs if you ask me as the value is dropping continuously. This is with all the staking that I am doing daily so this tells me many in the community are not taking the tribes they post in seriously.

At the beginning of last year I invested into @empoderat's #seed token and if that wasn't done the value would be at least half this by now. How sad is that for literally 3 years of staking and literally no value to show for that effort.

You do start to wonder how much dumping is going on as there is no other reason for the values dropping at regular intervals. I personally do think if you are a posting via a tribal front end or even using their tags at least show some respect and gratitude for the tokens you are earning.

The various communities are important to the Hive eco system so instead of selling them out giving them no chance to succeed the opposite should be taking place. Maybe I think differently to most but believe you should be thankful for any token you receive as rewards.

One just has to look at the tribes today who are reflecting in red and shows a sorry state of affairs.

These are big knocks to some of the communities and can remember these used to be valued at a much higher price. My mind tells me you have to be really desperate to sell and also tells me you would also sell out anybody in the process. If you are earning and dumping maybe you don't deserve the tokens in the first place.

Where will the tribes be in 6 months from now at this rate of selling? I don't need to earn a token to be part of a tribe as it is more about being part of that community. The token is secondary and not why I am there and think many are not thinking when there is no value how many will remain?

Will you want to use a community front end if there are zero rewards on offer as that is where many tribes are heading? Maybe I am a fool for holding on and staking, but the tribe holds more value than maybe a few cents in rewards per day. The milking is killing the tribes and this has to end before it is too late.

What happened to all the excitement and how the tribes are going to change Hive for the better? Fast forward two or three years and the community is killing them and all down to greed. It is not even greed anymore as how desperate are you to sell something that already ahs very little value? Is it even worth the effort selling your no value tokens which you and the others have ruined.

This reminds me of a true story where a village in Africa bought hundreds of rabbits to breed. The problem is they ate the rabbits faster than they bred and had no rabbits left. This is what we are doing to a majority of the tokenized communities and how can they survive?

Posted Using LeoFinance ^Beta