Last year was an annus horribilis for bitcoin. Its price, once up above $1,200, sunk below $250. The second-largest bitcoin exchange had to temporarily suspend operations after a large-scale hack. And there have been two high-profile criminal prosecutions of bitcoin entrepreneurs. It was enough for some commentators to dub 2015 a make-or-break year for the currency, with experts saying it needs to find a purpose or face extinction. But that’s only one side of the story. There’s also been a flood of venture capital and bitcoin startups, as well as interest from legitimate bodies such as the New York stock exchange, which suggests bitcoin is here to stay.
I think the last sentence in the quote above is all you really need to read...