Bitcoin was never a currency, most of people use bitcoin as an alternate and anonymous payment method without higher transaction fees while others used bitcoin as an investment.A currency is backed by bank or solid collateral but with bitcoin there is nothing like this.
I am afraid you were right, take a look to how much unconfirmed transaction so far?
There is really a lot of transaction stucked, imagine how many business/merchant leaving day by day because of this problem
I am sure people nowadays feel insecure when have to use a currency that worth $1,000
Then they feel more comfortable use bitcoin as investment.