When we return to new highs in a day or so...that will be it. What will you have to throw at Bitcoin then?
Another massive bubble that fucks X amount of people over? You can only fuck over so many people before you don't get anymore suckers to play your game.
This. A lot of people were just badly burned. It's not going to completely deflate overnight, but over the coming months, we'll see loads of people move on. Hopefully the infrastructure will be ready to handle mainstream loads in a few years. I'm optimistic bitcoin will get another chance in 4 years or so, but if this happens again 4 years from now, that'll be it.
I agree with your assessment..it comes down to infrastructure which currently can't even handle a tiny fraction of what would be "mainstream" usage. There may be some big investors or startups that could get serious enough to make it happen sooner than 4 years but yes, another big hit after that would be the beginning of the end.