People say it's dead because they don't understand it and every time they see a drop or bad news they think it's failing. No one knows if it will survive, but like any new technology, it can take a while to catch on.
Exactly, the ones who say such things are probably the ones who has no patience at all and if they see a price drop even a small one they start saying that the coin will now die but they don't think that it happens frequently but it recovers again but does not die so soon.