If everything you've worked so hard to earn on steem was valued at zero--nothing , would u still be here sir?
Yes. I have lost 80% of the value while i have also increased 20% of my holdings already and I am still yet to use 1 steem of it to buy something.
Price is an important factor that drives everything on here because we are all here to earn
Price is only a factor when selling. People who want to earn now and want to sell now are affected but those who are building for the future, the price now whether 70c or 10 dollars is largely irrelevant. When it gets to 100 or 1000, then that might change for them.
As for spamming, you might be right, however the other factors raised are still prevalent here.
Do you understand the changes that were made and the timeline of what is to come? The changes made are acting as expected in the early days and is the infrastructure that allows for development to be built upon for later.