From a fundamental perspective, people that can actually understand how all these variables interact (which I think are very few) know that in current state bitcoin is relatively broken in terms of long term workability. The only question is how high can the price go before people figure that out.
Bitcoin is relatively broken in terms of long term workability from day one, yet from $1 reached $1000. Obviously, it is not that broken, isn't it?
The Internet is relatively broken in terms of long term workability from day one, yet we continue to use it in our everyday life.
Bitcoin has many serious issues. But there is not a single one that is unsolvable!