You need to understand that any new financial or economic instrument or vehicle takes time before its is accepted by the governing bodies or general public. The same treatment is happening to Cryptos. It is something whose time is ripe and will eventually be a part of the system but before that there will be many ups & downs and the weak will run. It may take years but Cryptos are here to stay.
Read history, its always been the same for any new concept, before it is accepted.