Crypto is definitely not dead, at least most of the sphere will survive after all shitcoins are done.Still I don't worry as I'm still convinced that cryptocurrency will have a great future. At least some of them as many altcoins will most likely still die within 2018 or let's say I hope many of those shitcoins will finally die within 2018.That being said I believe in a new swing upwards whenever all those crappy tokens are off the market, because supply will be lower and hence money will more likely flow into the remaining solid cryptos instead.
Whatsoever I'm of the opinion that crypto still got the joker up it's sleeve, which is a simple explanation to why use e.g. bitcoin instead of fiat.Sure there are reasons but they are very abstract for the average guy. So I hope that some future event will display the shere potential and strength of cryptocurrency.I'm positive that we are looking into a great future and will be able to celebrate a lot along the way.
Shitcoins will never end if there's no program that will filter them, scammers will keep creating new cryptocurrencies, ICO's to get money from investors. This is the biggest challenge in crypto world because it is not a security according to SEC Chairman Jay Clayton. It's decentralized no one is controlling cryptocurrency that is why it's hard for now to eliminate useless shitcoins.
However, I am a believer of cryptocurrency as the future of money, not just for the future but presently it worked already as a useful technology in financial sector. I believed to have great future with cryptocurrency and there's no doubt about that.