Firstly because it was hyped to a huge degree to start with - and that was a scam in itself. People who bought early and sold at its peak did well while believers got burned - the usual pattern.

Secondly because all over Steemit people were promoting Trybe - eg: https://www.mspsteem.com/eos/@hilarski/join-me-on-trybe-and-eos-blogging-platform - But like Weku, Trybe is an utter pile of dogshit - and why do Steemians promote rival sites anyway? - if the rival site is any good it is competition, and if it isn't any good it just sucks - either way I'm not going to promote it!

And thirdly because I am really suspicious about Dan's background (CIA?) - yes that does have implications for Steemit too, and like quite a few people I'm aware of that... I like Steem and Steemit so I'm taking a chance on them, but I don't like EOS or Trybe, I think they both suck.

Hope I'm not freaking you out here!