@rok-sivante - Coming from a Senior Steemian like you, these words would definitely have a calming influence on the panicking herds. You have said this before too. This is the natural cycle of any stock/currency market. Cryptos are a bit more volatile but they follow a cycle too. I also agree with your though process that - there would have been no creation of wealth in reality if the crypto market evaporated our investments in a day. I have faith that Steemit platform users will grow exponentially and hence Steem will ultimately be in more demand. Thanks for your confirmation of these thoughts.
Since markets are red, I am not watching them. Instead, I have focused on improving my blogs. I have posted an interesting blog about Human vs animal eye capabilities, based on my original photos of wildlife. I request you to take a look when you have time and give your comments. It will help me improve my blogs and enrich my Steemit experience.