Good stuffs and you touched base everywhere.
Regulations have a lot to do with it.
Any currency cannot be handled by regular folks
looking to earn a quick bucks.
The same way fresh money came in, it will evaporate.
Hopefully a use case will push it further up.
Just like #steem, you can post. You will earn more.
You could see a reason to have a certain #steem.
With SMT or steempower, you are running the show.
One thing I see clearly, all cryptos cannot be doing the same job.
#btc, #bch, #dash, etc all cryptos want to decentralized what ? If you hold #neo, you get #gas. So many cryptos are doing the same exact job #btc is doing.
At least #ETH is pumping Dapps or precisely ERC-xx.
Until each crypto has a valid reason to change the future, you will see them disappear one by one.
Keep on postin'