It always goes back to simple business ideals. If we want hive to go up there needs to be a reason to buy it. People earning the token will always have incentive to sell which is fine but not good for price right now as there is too much selling and not enough buying.
We need something similar to smt's or tribes when communities get updated. They have to create revenue or buy pressure on hive and the best way to do that is make them very easy to set up with reasonable a cost to do so. Say 100hbd or the equivalent of hive. This will only be viable if the communities can be used to generate revenue.
For me a community or tribe should be at the level of leofinance when you purchase it and we get to see hundreds of them pop up. With 100's of gateways we will get new users and increase on chain activity. Leo will soon have a sign-up through metamask, twitter, facebook and google. We could see ad revenue from hundreds of sites which can auto buy hive from the market to sustain your community token. More users, more ad revenue. More revenue, higher token price and more demand to earn it.
Imagine if i could buy the sports.hive community with all of the leofinance options set up and ready to go with a slight customization and really own that community an it's keys then it would be a small price to pay. Then it is up to me to market that community externally, bring in users and moderate the experience to make it profitable. The community gets rewarded for being active and i get compensated for running that community successfully.
With hivepay.io in stage one it also opens up the possibility of marketplaces in each community that can accept any of the tribe tokens. Suddenly we have a varied and interlocked hive based economy through growing communities all of which increase revenue and buy pressure on the token. Communities should automatically provide RC to new users signing up which means the moderator account will need to keep powering up hive as it grows and further increases the use case of the token.
With more users we are a lot more desirable for apps to build here. Keychain makes everything interlocked and we all know how good the hive blockchain really is. We still have time to build web 3.0 but it is fast running out.
Hive-engine hasn't hurt the blockchain. It is showing what should have been build a long time ago and put to proper use. We should already have hundreds of leofinance sites adding value to the community but have been failed by the business minds and too focused on the technical. Those are important but there needs to be balance as you build. A focus on the people as well as the product. If tribes had kept developing at the base layer with the pace leofinance has done we could be doing a lot better as a token. Hive powers apps but we need a those apps prebuild for everyday people to run with.
RE: What is going to drive demand for HIVE?