I don't think that its scaring investors for good. Maybe they are just reluctant to enter the market because of what they are hearing. However, once we have bounce back again, I'm sure that everyone who is waiting will eventually jump in because they know that as much as the market is really volatile, that is how they going to make a lot of money. More matured investors though, thinks otherwise, another buying point to get bitcoin because the price is cheap and all you have to do is just hodl. Potentially killing crypto? I don't know, bitcoin for example has been in existence in the last decade and so far it is still doing good and very strong.