About pulling through, I have no doubt that the serious ones will remain albeit much lower valuations. But which ones are "serious"? 5 out of 100? 1 out of 100? As a potential user, I still need to think way too much about where to keep any crypto... see the John McAfee video... with all his tech prowess HE lost money doing simple transfers...
Exchanges don't seem that solid and stable even disregarding the legal threats...
No way I'll ever put it on a phone wallet after listening to McAfee's talk...
Trezor etc seems a bit of overkill if you start with a few hundred bucks but of course should that grow, it can be too late for solid security measures...
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Yeah the tech is currently way too immature for widespread market adoption. Non-techies are not going to be able to deal with safe handling all the different passwords and private keys for each wallet.
There will have to be a whole lot of dumbing down of the UX without losing security and utility before cryptos can really be mainstream.
Then there's also the deflationary problem as I've blogged about recently.
https://steemit.com/cryptocurrency/@cryptojaxx/why-you-re-always-gonna-have-a-hard-time-spending-your-cryptos