Nobody understands the market and the concept of crypto. It still is purely speculation and I think it will take another half dozen of crashes to filter out the bad actors, the bad coins and the bad speculators. I always point to SBD and Steem as the perfect example for the ill understood market. It makes zero sense to pay more than 1US-$ for one SBD, but nonetheless the longest time it was higher than Steem. Sure, the number of coins is smaller, but the concept of SBD just doesn't allow a rational price beyond 1 US-$ for more than a short period of time.

I do have a different opinion on the value storage aspect. All cryptos would be close to zero if not not zero if that wasn't a thing. So, it's good to have that and it's good that some people see this and the long term utility of value storage as important.