Looking at the present state of the market, it could be very disheartening. But one thing is certain is that blockchain technology has come to change our society. And Crytocurrency which runs on the blockchain will continue to wax stronger and stronger, stay above fear. Life surely goes on with or without the enemies of crypto.
That is true, the current market situation doesn't necessarily mean that this will be the end. Crypto currency and block chain technology will always be here to stay and we cannot change the fact that this will be the future currency.
Exactly, IMO the current market situation is actually showing a sense of stability, and less volatility. While this means that people may not exactly "get rich" off Bitcoin any longer, it does allow the currency to be used for what it was intended for: as a currency.
If the USD/CAD were going up and down everyday w/ massive volatility, the general public would be fearful to use it. As such, we may see more of a willingness to accept Bitcoin due to it's lower volatility.