Blockchain technology (with its cryptocurrencies ) is a blessing to the common people due to ability to earn good profits with little or sometimes no investment (steemit for example). However, crypto space is also fraught with scam / shit coins everywhere especially those new coins/tokens with no visible team , ponzi nature and no contact information’s. Therefore, is it not a good time to have some correction in the crypto space in order for the scams to die off (at least some of them) and then the real project bounce back.