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RE: STEEM has now lost 99% of its value since opening day!
I really hope you are right about this because that would mean there's still a chance for STEEM. To me it sounds a bit too optimistic and yet I still continue the fight. I think generally if the whales constantly drain STEEM there would be nothing to push up the price. I am now more than an year here and I see when Bitcoin goes down, steem also goes down, but when Bitcoin goes up STEEM does not follow, unfortunately.
The new token mania is a call to a positive change IMHO, I just hope it isn't too late. At least it is a lot more interesting than before. 😉🍻
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I don't think the cure for problems in the Steem currency is creating dozens more currencies. I think we should fix Steem before we tokenize everything else. But maybe it's a lost cause, who knows.