I think it is.
Bitcoin use adoption has stalled. Media interest has dissipated. Prices have only slowly continued to decline for a long time now. Bitcoin securities have always been and still are a complete mess, with a near 100% failure (scam/fraud/incompetence/etc) rate. Mining has been concentrated in the hands of a few giant players, eliminating much of the advantage/security/democracy of thousands of individuals being the money processors. Alternative forms of online payment with US dollars (and other fiat currencies) are now cheaper, faster, and more secure than bitcoin (and of course far more usable to buy/sell real goods/services), eliminating any of its advantages as a payment system. Continued decline of bitcoin and strength in fiat currencies has put the lie to the idea of bitcoin as a store of value; there are far better more reliable hedges against inflation. Meanwhile the real economy is firing on all cylinders, stock markets are at all time highs, corporate earnings are higher than ever, unemployment is low, etc. Even amid the boom, no one cares about bitcoin any more. Bitcoin was a fad that lasted a few years, and is now on its way to being forgotten.
Thoughts? Anyone seriously disagree with this conclusion?
No bitcoin is not dead. These days the bitcoin peice keep on Decreasing but it is not an end. The time will come that bitcoin will increase again because not all the time that we are lucky so that it is part of the bitcoin. Those people who says that bitcoon is dead they do not have believe in the strength of bitcoin.
Although this thread created since 2015, but I want to ask you what is the strength of bitcoin here? Blockchain? No, I do not think so. Blockchain split to called as new technology of the world under the name "Blockchain - technology of decentralized system". Therefore, I do not know which thing can helps Bitcoin recover when it dumped too much value like now, just only the whale can do that.