Good post. Actually applicable to most cryptocurrencies out there! I'm currently testing my patience (point 5) as a new starter on steemit ;)
One extra point that might be relevant: Emotional attachment. I think a lot of people actually attach emotionally to the products,ö and services they use. See Apple vs. Android, playstation vs. Xbox, maybe facebook vs Steemit!?
There's definitely a lot of fanboyism involved, I just tried to limit myself to the facts.
Fair enough, it's a good read cheers