Its definitely a nice metric to watch out for. Obviously with the Hive Fair Value, we're looking at an intrinsic value which is not correlated to the Bitcoin activity. (I know there are plenty of network effects etc. across crypto)

Just like we can find a fair value of Bitcoin from the energy inputs alone, here, we can look at how much "energy" is input to the hive network represented as posts, and then run a regression of that against it's market value.