I think we can be sure that bitcoin will really die. I think the current bitcoin drop is still a normal thing. So do not take too much of a conclusion based on a single thought, it will be great for a panicky person. So keep thinking positive that bitcoin will rise again in the near future.
No it is not right to say that bitcoin is going to die, bitcoin will remain as alive for long long time, because bitcoin is still in its initial stage and therefore still a lot of people do not know about bitcoin, i think that the interest of the people in bitcoin will continue for a long time and will continue giving profit to people, we just need to hold bitcoin and not to sell it.