Hi Joe, I'm pretty new in the "crypto-sphere" as a whole and REALLY new with the Steem platform, but I think your understanding is one I largely share. I think a big part of the swings up and down are going to ultimately be driven by human emotion whereas the "floor" of the value of block-chain crypto's will continue to steadily rise over time as the *uses* for these efforts become more connected with our daily lived lives. Right now the biggest impediment I see for people ultimately moving more into this arena is something I actually hear frequestly from my wife... "But what can you actually DO with these little digital bits? ANd that right there is the thing that ultimately will need to be addressed to secure the long term viability of any of this... even STEEM will ultimately need to better translate into "gas, groceries, rent" etc. to finally be secured in the MINDs of people that there is real value here. Right now and I think the charts are telling us as a whole that right now its more about people *feeling and hoping* that there is something to this all. I actually think so, but first we need to be able to trade these pieces of data for things we want / need / desire to live... for at the bases of all economic decisions it is connected to our mortality and the impact we seek to have in our environment. Thanks for sharing. I know you are busy, but if you think I'm missing something in my way of thinking I'd love to hear from you as a longer term veteran in all this crypto stuff and Steem especially.
Peace @genxrev