You need to look deeper here than just going one level from the price and stopping at the point where investors decide to sell.
Why did the investors decide to sell? Why do they want to own LESS?
The price declines because the people who currently want to buy it are only willing to do so at lower prices. That's really all there is to it.
Or....the people who want to buy won't because there is no predictable ROI for them.
It may very well [be worthless in 5 or 10 weeks]
No. Don't say that. We want it to succeed. We all hope this wasn't just a burn and churn. My pittance of an investment isn't going to make a single bit of difference in the life of the platform or in my life. But if there were more of us dropping money in, and fewer of us selling, that would be sustainable. The only way to make that happen is with incentive for the investor.
Wouldn't you agree that whale and mega whale sock-puppet accounts decentralize and disincentivize?
I GUARANTEE that people like me and @ats-david are exactly the kind of users who would curate good content, reward the minnows, and give incentives to the newcomers when we reach middle class. THIS IS WHAT A PLACE LIKE THIS NEEDS. Blokes like us who care. There are gobs of us.
Unless it was the plan from the beginning to be a short-lived free-for-all, then I think it is worth hearing us out.
It's not meant to criticize. It's meant to save what's going on here. We want this place to succeed. But not just for the elite.