Pretty sure Crypto is going to be around for a long time to come. But who is going to control it. Yep is decentralized and works well in locations that need a certain level of anonymity such as countries where the govt dip into transactions at will. The blockchain is brilliant, Bitcoin is traceable but too volatile. The big companies are looking at it and it will see a major organisation make it look simple, use if for cheaper exchange, cross border business, standardization and automation and logging of contracts. It will be hard for any startup where the founders mint coins to become self wealthy.
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You are so right Richard! Traders love volatility as it is how they make their earnings. For those looking for long term investment, I would just advise to invest what you can afford to loose.