This really bothered me last night... There's a project that I've been using in crypto for almost a decade now, pretty much almost as long as I've been on this blockchain. And it was just stupid si...
Transcript
Ladies and gentlemen, children of all ages, welcome to another, uh, Jongo's thoughts. Jongo's thoughts. We're, uh, we're having some thoughts tonight. It's relatively quiet in my house. I'm back in my house. I'm not on the road right now, so it's quiet in my home office, which is always a good thing. So, I'm going to discuss some... Just some thoughts about crypto in general. I've basically been in this stuff since day one. And when I say day one, I'm literally talking, like, when Bitcoin was 10 bucks. Like, I've been in this forever. To show you all the horrible decisions I've made in my life when it comes to this crypto, everything I own is now in Hive. So you can see how much all my crypto is worth, just looking at my Hive account. And it's weird, and I'm looking back at this and I'm thinking, why did I stick with Hive, right? Why did I stick with certain crypto projects over the years? And the ones that I've stuck with seem to, if they did not just completely utterly fail, the price has been super low, never really much adoption. There was some, some, particular characteristics and trends of these cryptocurrency projects, and I'm not going to go over all of them, but... The reason I'm having this thought is because last night, I got noticed that a crypto project that I've literally believed in for five plus years, something I was really excited for, is shutting its doors. And it blew my mind, but it got me thinking, like, why are these things failing all the time? And then, just looking at some of the other projects I'm involved in that are... doing okay, let's say, what were, you know, what were the reasons for it and whatnot? It's just stuff I'm thinking of all the time, right, that I've been in this. And I came to this conclusion and work with me here, guys. Let me know if you agree with this or not. All of the simple and easy-to-use crypto projects seem to fail, or they just don't catch on. And I don't know why. Think of the ones that are... extremely complicated, basically anything on Ethereum. They always seem to do good. Not everything, but generally, everything that's built on Ethereum that's really popular, seems to do good. All of that type of extra confusing Metamask and all these different wallets you need to download and, you know, see, just words, and all these different passwords you need, just to use the project. you know, the transaction fees, the gas fees are through the roof. All of these things are super complicated, but for whatever reason, they seem to do okay. Meanwhile, here we are on Hive. In my past, you know, this project that I just talked about last, super easy to use. I mean, it was literally... You downloaded, you know, a little widget on your browser and you used it. Like, it was super simple to use. Anyone could figure it out. In fact, I referred thousands of people to this project over the years. Fails. Hive. Simple to use. Once you get past a little bit of a learning curve with the account keeps, it's generally... Super easy to understand. It's a social media. Everyone knows how to use Twitter. Everyone knows how to use Facebook and TikTok and YouTube. Well, Hive has all of those type of apps. Very easy to use. Very easy to understand. You get it as soon as you start poking around. Other projects over the years... Super simple stuff. If you've known my history on chain, I've always said use cases, the most important thing. If we can use this stuff, that's where I want to be. I want to be where we can use this each and every day. It never took off. Hive has never exploded. It's never caught on, even though I truly believe it's the best blockchain. I believe the apps are second to none. I think once you spend maybe 15 minutes kind of learning how it goes, it's very easy to adopt and get into the habit of using it each and every day. For whatever reason, it just never caught on. Is it because, you know, but this is, this is as a whole, crypto, it's almost like crypto doesn't want to be adopted. Think about that. That's a weird statement to make, but think about it. We complicate, and we have complicated this stuff since day one. Bitcoin was not the easiest, and think about all the stuff that was super easy to use now. With Bitcoin, it was always, like, through Coinbase or some third-party, easy-to-use, stupid, simple application. But the blockchain itself was always slow. It was always... cumbersome Ethereum is just like pulling teeth, like using the user experience for anything based on Ethereum or any of the layer two stuff is just mind-blowingly awful. But this stuff seems to catch on kind of sort of in this cryptosphere, maybe not general overall adoption with humanity, but in the cryptosphere, it's the complicated stuff that seems to do good. Why is that? Like, this is, I'd love to know if anyone has any ideas why the complicated stuff seems to do good. Everyone's in love with all these different blockchains that are, like, they're, oh, my goodness, like, user experience in crypto is awful. And here we are on Hive, where it's, it's, it's not perfect, but it's getting a lot better. The apps are amazing, stupid simple, you can use it. 15 minute maybe learning curve you have and then you're good to go, it never catches on. What is it? What are we missing here? Do we need to just make everything more complicated? Do we need to charge actual gas fees, like through the roof gas fees to be sexy to the cryptosphere? I don't know. This is why I'm talking this out tonight. I'm questioning. Why is it, does it seem that all the complicated stuff that you feel like you need a PhD in computer science to use always gets? the attention here in crypto, meanwhile, we have all of these projects that are so awesome, so easy to use, that just go ignored, or the price is always low, and the investors aren't excited about it. What is it? I'd love to know. I'd love to know your thoughts, guys. Why is it that everything seems to be complicated that does good in crypto, and everything that's not complicated just never catches on?
Comments
@jacobtothe: Every single project requires someone who can act as a liaison between the engi nerds in the design sphere and the user base on the mainstream. Can the engineers explain an interface and find what they need for a blockchain project or photocopier (There's a story...) or anything else? Of course. But can the user without any of the development process follow the logic? Usually not. HIVE is among the easier projects for onboarding, but most people just want a stupid "sign in with Google/Facebook/Apple" prompt. The Keychain extension is a good start for handling those issues if we can get people to just take the first step once.
@videoaddiction: Some of the best ideas are simple enough to be understood by everyone, simplicity is often underrated.
@vipservice: What was the project that closed?
@bulkovam: Could it be that investor psychology inherently favors complexity and novelty over straightforward utility? Maybe itβs the :peakd/hive: branding, :peakd/hive: storytelling, and :peakd/hive: marketing that will garner influence adoption... compared to actual product usefulness, but... also interesting to see what the investors of these popular projects are actually doing. Anyways, glad to have listened to your thoughts on this. Hive on!
@jfang003: I think it's tough, but I think the simple stuff might also be easy to replicate. The more complex things are, the fewer knockoffs there are.
@shainemata: Use case definitely has a place. But the blockchain itself has to have some way of generating revenue so that it provides value to people who hold the token. One great example is Hyperliquid (HYPE). Most of the fees they collect in USDC buy back the token and burn it. In this way the value of the token increases long term. Binance Smart chain also buys back and burns coins. Cronos is about to launch their app, which will use earnings to buy and burn CRO tokens. Even ETH burns a portion of transaction fees, which can exceed the issuance of new tokens from time to time. There has to be some business model for the chain that can use revenue to provide value to those who are using the tokens. In the case of BTC and LTC, they don't burn tokens, but the issuance diminishes over time.
@onemanonewrite: For me I would be interested on something that is simple to understand, and the complex details are explained in layman terms
@por500bolos: I suspect that in the cryptosphere, and also in the general population, the important issue is not whether a crypto project is simple or complicated to use. But rather, that from a point of view of resources investment, people see everything from the following perspective and relationship: Knowledge + Time + Work + Effort + Dedication = Profit And I'm afraid that in a world where most people want and intend to obtain those profits "as soon as possible" with the least investment in knowledge, time, work, effort and dedication possible, that's what has never made Hive too attractive for them. Since that majority of people who would invest only have spare cash to invest. But they have neither the knowledge, nor the time, nor the capacity of work, effort and dedication to invest them, or if they do, they don't want to invest them for a "potential" long term profit. People with true spare money to invest generally don't have the time or patience to wait to get profits from their money investing in Hive. And only those who don't have money to spare but have everything else, those are the ones who actually invest those other "resources" in our token. Hive has never been an attractor of capital, it has only been an attractor of workers.
@hatdogsensei: I think the use case in crypto is a big factor for it to be recognized by more people
@kgakakillerg: Happy Thursday everyone ππΎ please read and share may the truth be with you ππΎππΎππΎππΎππΎππΎππΎππΎππΎ On hive it's like some people don't realise everything is documented and you can never hide from the truth ππππππ» @acidyo @neoxian @themarkymark @hurtlocker @jacobtothe @steevc @meno @theycallmedan @shitposthive @ryivhnn @crimsonclad and friends β¨ββ¨πππ Do you really think no one sees what you do π€ @acidyo You took my rep away for no reason with the help of blocktrades delegation π @steevc knows all about it You and themarkymark work for blocktrades or are blocktrades π You are so sad doing what you do Promoting your π©π©π©π©π©π© Selfvoting your π©π©π©π©π©π©π©π©π© You have downvoted so many people away for no reason You really need to have a hard long look in the mirror and see what you have become It doesn't matter if you have people who believe anything you say for a few cents or a few pennies ππππ Look at your buddy oldsoulnewb πππππ Everything is documented So the choice is yours again leave me alone and bring my rep back and I will stop sharing the truth You can call my long copy paste comments spam but it only makes you look stupid π I hope you understand you are only making it worse π Hive is not a game it might be a big game to you π€ It seems you love to game Hive don't you π Everyone sees don't you think it's time to stop π You have shown all the real issues with Hive π you have shown why real people couldn't invest in Hive and build on Hive π You are in god mode π activated π you Marky Dan and others πππππ I hope you enjoyed this post or you might see in comment from π which you like to call spam πππ @jacobtothe Keep digging just remember @acidyo took my rep away with the help of blocktrades delegations and everything is documented πππ βπΎβ¨ββ¨βπΎπ»π»π»π» ππΎππΎππΎππΎππΎππΎππΎ @jacobtothe and friends Please get help there's clearly something wrong with you ππΎ I hope blocktrades pays you well enough ππππ Some people just never learn when πππππΎππΎππΎππΎππΎππΎππΎππΎππΎππΎππΎππΎ @jacobtothe @behiver @zakludick @livinguktaiwan @juliakponsford @oflyhigh @abit @adm @eval @hivetoday @findingfreedom @traciyork @abitmore @rimurutempest @hurtlocker @hurt locker @epstein @gundamzerofour @gundamzerotwo @gundamzerofive @buratus @silverd510 @new.things @gungunkrishu @tarabh @nattosenpai @fw206 @ocd @acidyo @hivetrending @mrtats @poshtoken @davideownzall @thehive @art anon @lazzvi @juliakponsford @dudeontheweb @consciouscat @caspermoeller89 @strawhat @angeluxx @cositav @rachaeldwatson @artofwar74 @solumviz @poshtoken.wallet @shiftrox @hiddenblade @hivegc @alohaed @tobias g @nattosenpai @hivetrending @erikah @davidke20 @davideownzall @zingtoken @honey swap @friendlymoose @x rain @hivegc @lazy panda @rishi556 @ocd witness @russia btc @ocdb @justinw @nutritree @themarkymark @geekgirl @buynburn @stresskiller @forkyishere @forykw @belikechuck @leovoter @upmyvote @punkteam @makerhacks @wiseagent @steevc @pibara @davidthompson57 @dead pets @videoaddiction @annoyingmosquito @meesterboom @demotruk @meno @thelittlebank @knot @buttcoins @snapie @coolmole @davidickeyyall @crimsonclad @smooth @oldsoulnewb @ds tech @artgirl @flemingfarm @neoxian @nwothini335 @bdvoter.cur @zaku @mango juice @empo.voter @empoderat @ferranlogs @trumpman @bhattg @azircon @riverflows @lazy panda @gogreenbuddy @build it @tarazkp @buildawhale @logic @abit @freedom @solominer @letusbuyhive @bijoy12 @sagarkothari88 @theycallmedan @ipromote @apeminingclub @nathen007 @dlmmqb @slobberchops @chops316 @littlenewthings @bozz @adm @abit @cwow2 @scribblingramma @adm @logic @savvyplayer @patrice @spaminator @topcomment @theworldaroundme @jongolson @mobi72 and friends β¨ββ¨ Please get help ππΎ @jacobtothe @acidyo @themarkymark @hurtlocker and friends π No one will ever trust you again you weirdo π ππΎππΎππΎππΎππΎππΎππΎ Hello everyone I hope you are all good and well today in this post is some of the evidence to prove my case If you didn't know I've been getting downvoted for a long time on Hive They have been trying to bully me with downvotes and words but it doesn't affect me I've been online for over 25 years So I've dealt with people like this before it's nothing new But what they are doing is bad Very badi joined steemit like everyone else thinking it offers freedom but I must say steemit offered much more freedom than Hive does Everyone already knows I only post my own original content I have no need to steal anything from anyone I've been labelled a lot of things on Hive π by the biggest farmers scammers and downvoters Actions speak louder than any words do especially when them words are coming from a compolsive liars I will keep updating this post when I get time No downvotes for this racist person π§ this post To all the downvoters on Hive When the downvotes stop π and my rep is back I stop sharing the truth ππΎ βπΎβπΎβπΎβπΎβπΎβπΎ Keep calling the truth lies πβπΎ So many pretend to be doing god's work but they are really working for the devil πΏ Karma will strike you and who ever supports you ππΎ βπΎβπΎβπΎβπΎβπΎβπΎβπΎβπΎβπΎβπΎβπΎβπΎ To @jacobtothe and friends π @crimsonclad please do your job ππΎ It's unbelievable that they downvoted this Goodbye Auntie R.I.P ππΎ Comments being downvoted by blocktrades Stop farming Hive πππππ π The Untrending Report Hive Downvote Analysis 2025 09 07 RE: Understanding Pointers in C Programming Please Peakd, allow me to completely block spammers (Would you ever vote for this?) thanks for exposing yourself more @makerhacks Please go through it all instead of calling it spam πππππ€£π€£π€£π€£π€£π€£π€£ π¨π¨π¨π¨π¨π¨π¨πππππ¨π¨π¨π¨ ππππππππ¨π¨π¨π¨π¨π¨π¨π¨πππππ π¨π¨π¨ππππππππ¨π¨π¨π¨π¨ π¨π¨π¨π¨ππππππππππ¨π¨π¨π¨ π¨π¨π¨π¨πππππ¨π¨π¨ Thank you for reading and viewing this post To all the downvoters on Hive When the downvotes stop π and my rep is back I stop sharing the truth ππΎ I'm sharing the truth I know it hurts you but it is what it is ππ» Consider these entries from @hive.fund's walletβa digital fortress of staggering proportions: "HIVE: 31,354,125.286" "HBD: 23,325,897.167" "Estimated Account Value: $24,860,896.64< It's crazy that hives market cap is 36 million dollars π€π§ and a account to hold 24 million dollars π° crazy To everyone who is turning a blind eye to the truth karma will strike you down ππΎ Stop Doing the devils work do gods work ππΎ βπΎπππππππππ·πΈπΈ βπΎβπΎβπΎβπΎβπΎ themarkymarkfiles buildawhalefiles acidyofiles hurtlockerfiles βπΎβπΎβπΎβπΎβπΎβπΎ
@bpcvoter2: bilpcoin truth The Immutable Ledger: Exposing the Blocktrades Aligned Whale Cartel on Hive You can never hide the truth on a blockchain. It is the great, unblinking eye of the digital age, a mirror forged in cryptography that reflects not the face you wish to show the world, but the shadow you cast upon it. They believe they are clever, these architects of obfuscation. They weave their webs of delegated power, they cast their downvotes like stones into a quiet pond, and they whisper to themselves that the ripples will fade. But the blockchain does not forget. It does not forgive. It does not sleep. Every transaction, every vesting route, every silent transfer of influence is etched into cryptographic stone, permanent and unyielding. We see everything. We trace the threads of their deception back to the loom. And we expose the truth. That is what terrifies them. The downvoting, farming whales who operate in the shadows, tethered to the centralized gravity of Blocktrades, know that their empire is built on a foundation of glass. They fear the light because the light reveals the machinery. It reveals that their "decentralized" community is merely a fiefdom, and their curation is nothing more than extraction. But the ledger remains. And the ledger always wins. In crypto forensics, the blockchain is the ultimate crime scene, and the data never lies. Our latest investigation into the Hive network has uncovered a centralized nexus of control masquerading as organic community participation. The evidence is irrefutable. Letβs follow the money and the delegated Hive Power (HP): The Blocktrades Anchor: The account @buildawhale holds a staggering 2,436,718 HP delegated directly from @blocktrades since August 2020. Similarly, @ocdb receives 1,236,286 HP from @blocktrades and 5,482,292 HP from @darthknight . This is not organic community support; this is a corporate tether granting centralized exchange interests outsized control over Hiveβs governance. The Liquidity Funnel: @buildawhale systematically funnels value. The transaction history reveals a relentless, weekly withdrawal of vesting shares (e.g., 6,725 HP , 6,495 HP , 7,650 HP ) routed directly to @ipromote . The Curation & Anti Abuse Facade: The account @poshtoken acts as a central clearinghouse, receiving massive inflows and delegating 117,210 HP to accounts like @rishi556 and @hivetrending . It funnels "Curation and anti abuse rewards payouts" to @redditposh , which in turn receives "liquid reward" payments from @nomnomnomnom before sweeping funds back to @poshtoken.wallet . This wallet then launders the value through @honey swap and @zingtoken . The Smooth Syndicate: The @smooth account holds over 4.7 million delegated HP, which it fractures and delegates to a cluster of satellite accounts: @smooth e , @smooth a , @smooth c , @smooth b , @smooth d , and @smooth f . Recently, @ocdbfund was observed powering up @smooth f with 4,869 HP, directly linking the OCDB cluster to the Smooth delegation web. The Micro Bot Engagement Front: To create an illusion of organic activity, the network utilizes micro accounts. @pyresoul sends tiny, automated daily transactions (0.001 to 0.030 HIVE) with the memo "Daily Pyresoul reward" to dozens of accounts simultaneously, including @themarkymark , @hurtlocker , and @freecompliments . This is not a decentralized network. This is a coordinated, multi account syndicate designed to farm rewards, manipulate visibility, and suppress dissent on behalf of centralized interests. We have the hashes. We have the timestamps. The scam is exposed. Hive Blockchain Scam Exposed: How Blocktrades Aligned Whales Manipulate the Network Meta Description: Discover how Bilpcoinβs latest blockchain investigation exposes the truth about Hiveβs downvoting farming whales. Learn how Blocktrades aligned accounts manipulate curation and why the immutable ledger is their greatest fear. Keywords: Hive blockchain scam, crypto scam investigation, Blocktrades whales, Hive downvoting abuse, blockchain transparency, Bilpcoin exposed, crypto forensic analysis, decentralized corruption, @buildawhale exposed, @ocdb cartel. You can never hide the truth on a blockchain. At Bilpcoin , we specialize in crypto scam investigations and blockchain transparency , and our latest data analysis reveals a shocking reality on the Hive network. Downvoting farming whales are actively manipulating the reward pool. Our forensic data shows that mega whale accounts like @buildawhale (holding over 2.4 million HP delegated directly from @blocktrades ) are systematically funneling liquidity to farming hubs like @ipromote . Furthermore, the network utilizes complex curation funnels (e.g., @poshtoken β @redditposh β @poshtoken.wallet ) and micro bot accounts like @pyresoul to simulate organic engagement through coordinated, automated micro payments. Why does this matter? Because we see everything, and we expose the truth. This centralized control is exactly what scares the farming whales that work for Blocktrades. They rely on obscurity, but the blockchain is a public, immutable ledger. Read the full forensic breakdown below to understand how this crypto manipulation works and why true decentralization demands accountability. EXCLUSIVE: On Chain Data Links Top Hive Whales to Centralized Farming and Synthetic Engagement Ring DATELINE: THE BLOCKCHAIN β A sprawling network of delegated voting power and systematic liquidity extraction has been exposed on the Hive blockchain, raising severe questions about the platformβs decentralized governance and the influence of centralized exchange aligned actors. According to a comprehensive analysis of on chain data by blockchain watchdog Bilpcoin, accounts including @buildawhale , @ocdb , and @smooth are acting as primary financial and voting hubs for a coordinated farming syndicate. Public ledger data confirms these accounts control millions of delegated Hive Power (HP), with the vast majority originating directly from @blocktrades and allied mega whales like @darthknight . More alarmingly, transaction records show @buildawhale systematically funneling vast sums of vesting shares directly to @ipromote , a known node in the network's reward manipulation infrastructure. Simultaneously, a secondary network involving @poshtoken , @redditposh , and @poshtoken.wallet is engaged in circular "curation and anti abuse" payouts, while micro accounts like @pyresoul execute hundreds of automated, penny sized "Daily Pyresoul reward" transactions to create a facade of organic community engagement. "You can never hide the truth on a blockchain," said a spokesperson for the investigation. "We see everything, and we expose the truth. That is what scares them: the downvoting, farming whales that work for Blocktrades. At Bilpcoin, we expose the truth." The revelation highlights a growing tension in decentralized finance: the conflict between the ethos of community ownership and the reality of centralized capital exerting outsized control over network rewards, governance, and visibility. From a network security and tokenomic perspective, the concentration of voting power and capital flow revealed in this dataset represents a critical failure of decentralized governance on Hive. When analyzing the delegation graph, we observe a classic "hub and spoke" centralization model. Accounts like @smooth and @ocdb aggregate millions of HP, granting them disproportionate influence over witness elections and proposal voting. However, their utility is not directed toward network health. Instead, they function as liquidity routers, systematically draining value to farming hubs like @ipromote and @poshtoken.wallet , which then disperse it to secondary entities or swap it via @honey swap . Furthermore, the presence of micro transaction networks (e.g., @pyresoul broadcasting identical "Daily Pyresoul reward" memos to dozens of addresses) is a hallmark of synthetic engagement farming. This creates a negative sum game for genuine creators. The inflationary reward pool is diluted by this closed loop extraction, while the threat of coordinated downvotes suppresses organic competition. The existential threat to the network is clear: you can never hide the truth on a blockchain. The on chain data unequivocally maps this centralized control. We see everything, and we expose the truth. This transparency is precisely what threatens the downvoting, farming whales aligned with Blocktrades. If the network cannot resolve this governance centralization, it risks a continued exodus of organic users, leading to long term token devaluation and the collapse of the social consensus that gives the chain its value. The Final Word The ledger is open. The data is public. The narrative is over. At Bilpcoin , we do not fight for attention. We fight for accountability. We will continue to follow the money, map the networks, and expose the truth, because a blockchain without transparency is just a database for the corrupt. TruthUnsilenced HiveTransparency CryptoScamExposed BlurtRising Bilpcoin Join the movement for digital integrity: If you are reading this on Blurt.blog, you are early. Like discovering crypto in its beginning. And best of allβthere is no downvote button. What you earn, you keep. No sabotage. No fear. Just freedom. "You are your wallet." Not a tool. Not a vessel. But your digital embodiment. Choose wisely what you embody. Choose truth over extraction. "In life, never forget this: The universe keeps a ledger. Not in ink. Not on paper. But in the quiet, unyielding echo of every choice." peakd.com/hive 196233/@bpcvoter1/the buildawhale farm scam chapter 3 hive vs blurt thedarksideofhive buildawhalescam itsjustmarky acidyoscam acidyofarm hurtlockerscam hurtlockerfarm