No matter what someone tells me I still stand behind calling a blockchain a business. If people are not use and building applications and using up resources on your blockchain then it's going to be replaced by one if not many of the 10,000 other options. Hive needs to invest in development and revenue streams since it has a feeless system. It also needs to get away from forking out hundreds of thousands of dollars every month for things that are not producing any meaningful result.
But with how centralized things have become it's not going to change and they are legit going to just squeeze every penny out of it until it dies at this point is my opinion.
Yes, as long as the DHF is throwing away money on projects that have nothing to show for it, beyond instantly selling the money given, I don't see how the price can recover. Too much downwards pressure. Then whenever we get new people joining, people who might buy Hive, Hive watchers chases them away. Hell of a thing we have going on here right now.
Is there some accountability on the DHF projects? In principle its a great concept but if its just being used to syphon off funds then HIVE is only heading in one direction....