That's $100. What is your logic?

I view that as counterintuitive because if Hive seeks to exist as the base tech for future projects then the bandwidth purchase needs to appeal. A low stable Hive price attracts many projects to build on Hive. Provided the tools exist by then. Which is what SBD was meant to be. So the opposite: a high price means any project needs millions to start up if they bring over a decent community needing lots of recourse credits/network bandwidth.

I know the general consensus is that if many projects build on Hive then that creates buying pressure for the Hive token but as I mentioned you would be hurting your attractiveness if that gets high.

Just like property development, the price of land although not cheap, is still a fraction of the total value of what gets built on top. A developer might buy a well positioned plot for a few million but then a high rise tower with housing, retail and social services ends up priced at hundreds of millions when complete. So who would build that high rise if the land alone was hundreds of millions?

Hive needs to finish its base.
Create that robust second layer.
Exist as a wholesale chain.
Attract anyone and everyone.

Fast forward 6 years..

Hive: a robust chain with hundreds of projects built on top and a trade market of all those tokens utilising Hive. Then the Hive token exists as an "entry fee to the Casino" and you can win big by backing projects. That way the chain still promises riches and can deliver.. but doesn't hurt attraction.

That's my view.

Edit: evidently that's what Ethereum is. By offering a base to build on it has attracted masses. However it's proven good to attract but not be the best to sustain.. because the flaw is the fees are passed on to the end user. Those fees could be seen as RC and they're high because the bandwidth is at a premium.