Bitcoin's value is being held up by investors and traders, but its use as a cryptocurrency, the only thing it was actually supposed to be, is dwindling.
I don't think Bitcoin is dead though. There will always be a way through this because if miners feel that people will give up and stop doing transactions, that'll be an incentive to actually sort out the network by implementing SegWit, which I do believe will happen eventually and Bitcoin will become scalable.
You're right though, for now, Bitcoin is pretty annoying. My transaction with over 3mBTC of barely 10mBTC took over 2 days to confirm. This is not the consistency and professionalism that a great network like Bitcoin should have.