I only think that there are not enough further technological development for Blockchain and cryptocurrency to be enhanced in ways that it becomes commercialized.
To some extent, Blockchain is being applied to many fields. However due to the variation in cryptocurrency price, there will be less usage and application to Blockchain servcies.
Millions of dollars are being transferred everyday with cryptocurrency. However, there are not many usage for it.
What do you guys think?
Crytpo still has a very bright future, and developments are coming all the time. What this year's price drops tell us is that prices are based largely on speculation. At the moment it's all about what we think crypto may do, rather than actual current uses. Markets are thin, and this increases volatility. Don't worry about the long term, I think it will be fine.