No ,bitcoin is not dead.
Bitcoin is more appreciate and use.
Now you can buy with bitcoins,you can bet with bitcoin,etc.
I Agree Still a long way to go. Just because of the prices are fluctuating it doesn't mean that it is dead nor it would be in the coming future. And the best thing is there are multiple advantages of holding bitcoins like shopping,gambling,online transfers,phone recharge etc.
That is exactly what I feel. Bitcoin is going through a few problems right now , and since a while, and will go on for a few more years sadly because it is still developing . Problems like media interest decline, price deterioration , mining issue , bitcoin security being a complete disaster , etc. But it is gonna be the most reliable and promising investment in the future, and the best thing is that it has multiple benefits even now. like world transactions , payments, no need for currency conversion, gambling, etc.