I agree with what you say. I also believe that, for cryptocurrencies to be used in the real world, there has to be stability in it. The volatility has to be absorbed. But, considering the limited availability of crypto tokens and the money being put over it, I think the volatility can be justified. Every day, more people know about cryptocurrencies and they want to invest in it. This gives the price fluctuations. I certainly believe that the volatility will disappear when cryptocurrencies get mainstream and people start using them as an alternative of money, rather than a way to make more money.
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Well here is hoping that after this mess, Steem will recover! It is by far my favorite token of all!