RE: DHF Drama And Why You Are Wrong
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I get your basic argument, but the fact that it is so minuscule mitigates that point. Have a look at the order books of Binance and especially Upbit on a day like today (when it's not even that hot); you can easily sell 100k of Hive without impacting price by a whole lot.
Also as for the yearly argument, see my reply to mypathtofire. While $6M/$100M is a lot it has been bear years which will not hold true for bull years - also, we would have to actually know how much of the $6M contributed to Hive's value. I would definitely argue that funding projects is very beneficial to the ecosystem, but I agree that it's hard to know the impact they have and that for bear years this figure might be a bit too high.