Hi Buggedout, sorry to read you are leaving the crypto space, but I am glad you have made good money out of it and are happy to move on.
Me, I feel really comfortable in STEEM and EOS - and these are the only two I like. Both are highly capable to take this industry mainstream - where we will eventually go. In other words - there is value in their utility.
I believe that the Bitcoin rise of the past few days is due to the vast amount of money trying to get into blockchain assets, however this has become bottlenecked by Ethereum. I believe a number of exchanges have suspended trading on Ethereum and ERC20 tokens now. So money is coming into Bitcoin but is unable to be divested to the alt-coins - pushing the price up.
My guess is that the Steem Dollars have gone so high is because there is only 3 million tokens and I assume it is being used as a medium of exchange (for some other crypto - not sure what).
Keep in mind that there is now over $US8 million going into EOS daily, this is before any trading. This is some serious money now - likely corporate and institutional, and they likes what they sees. This is not a tap that will turn off overnight. IMO.
Good luck with your future endevours mate.
SK
Thanks @sirknight I am not leaving the space, just cashing out for now due to some of the risks and problems I see. Still a big believer in crypto long term and I do see the potential in EOS and STEEM. I just fear that anything that hits BTC hard will hit them all - whether they deserve it or not, it is the way sentiment works for better or worse.
I might even put my developers hat on again and play with the EOS testnet instead of spending my days just trading cryptos and burning hours on Steemit. Time will tell. I see this as just a hiatus to enjoy the summer for now and figure out what comes next later :)