May the Gods hear you and blast the Hive ecosystem at once! I am hoping it will become more appealing to serious investors to pour more money into it. That and user acquisition is a factor that should move us up in the ranking!
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Keep in mind that if HIVE is converted to HBD, in theory the total market cap of the two (combined) should remain the same. That means a lot of HIVE converted will reduce that amount outstanding, pulling the MC down.
Of course, markets do not operate in theory and activity coupled with a tighter supply can send things upward.
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This would be true if HIVE had no other utility. However, we know people do want HIVE/HP for RCs and for voting and governance. Actually, usage of HBD increases demand for RCs. So it is likely that HIVE being converted to HBD will increase the price of the remaining HIVE. But time will tell.
I agree. However, at the instant moment of conversion, it theoretically should be a push. Of course, real world and theory do not align very often.
Then couple the fact of what you mention. In fact, attracting outside capital, even as a fixed income investment, means that resource credits are needed. So the act of more people claiming monthly rewards adds to the onchain activity.
It is all building from what I can see.
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