At least the good thing is that there is a limit to how much Hive can be inflated due to the HBD dynamic. At least that is what I understand so a total death spiral is not really on the table from one moment to another. In the end, what it all comes down to is that Hive requires growth in users (and buyers) for the price to hold up. The moment this is not the case things get in a downward spiral which we are in right now.
RE: What is Causing the Additional Hive Inflation in the Last Months? Where Does it Comes From?