This shakes so many tables. There are so many perspectives to look at this from, some of which the comments have talked about.
But one thing I know is that times change and the blockchain space remains as volatile as possible. It's a game of extremes. If Hive would do well in the near future, it would do really well, but if things would turn sour it would turn crazy sour and it would be partly due to a summation of what goes on here.
There's no one way to explain the "bad" things that may have happened. It's a roller coaster. Both good and bad is happening all at the same time from all sides, in both first second and third world countries.