Crypto will go long term when it truly becomes a critical world currency; to wit, if there'll be a true need for it to buy stuffs, and thus, people will need to buy these digital coins in order to conduct important bits of world commerce. Hence, there must be a proper regulation of it, in order for it to realize its use case and value. Cryptocurrency industry has huge potential. It is already systemic in scale and is capable of handling payment operations. All it needs is to be recognized, legalized and regulated, and it will follow that its value will stabilize. I guess, it's time to admit that we need the government to back it.