Interesting point. I have no thoughts about what HIVE Engine does or does not to the HIVE price. As you, I thought we would get SMT, but indeed, I read the same: maybe smart contracts and no SMT with the idea when supporting smart contracts, no SMT is needed anymore. That said: when going the smart contract route, it seems to me it's gonna be more difficult to onboard new tokens, since a smart contract needs to be coded and protected against hackers, while through SMT, people with no knowledge how to write/code and maintain smart contracts can launched tokens. Why not both, is a question that runs through my mind.
Regarding value of HIVE. From the HIVE stats circling in our HIVE community, it shows more HIVE powerdown over HIVE powerup. We can also see more HIVE transferred to Exchanges than HIVE coming back from Exchanges. Could it be just that what drives HIVE prices down? Could it be HIVE is also an incubator for none-crypto people, and once they got some experience at HIVE, they powerdown and use HIVE funds to get into other crypto projects? Recently I was reading in a few posts, HIVE is the perfect incubator for applications. When HIVE functions as an incubator for none-crypto users, and only as an uncubator, I have the feel HIVE can go down the drain in terms of value of the token. Being an incubator is cool, but long term it doesnt add too much value with more and more chains in the market offering similar features as we offer with HIVE: free and fast transactions.
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