I am a big believer in blockchain and crypto and it's potential to revolutionise many aspects of daily life. But has the FUD, infighting, dramatic increase in the number and volume of pointless currencies, and attempts by large institutions to control the industry, ultimately led to the prolonged bearish market we have seen since December? If this continues, could the next big scandal lead to a catastrophic effect, that could have an irreversible decline?
The blockchain technology will not be broken, it will remain as it is until the end. The market might change because the demand change, the people change their mind there will come a time that the price will suddenly pump but will also suddenly drop. The coming of new oin also might affect it value, since these coins are serving as a competitor people might choose it over bitcoin.