I think you are just trying really hard to convince yourself that bitcoin will just die so that you don't regret no investing 6 years ago which would have made you really rich by this time if you did. Bitcoin did skyrocket though, last year that is, and is now increasing again in price. I think now would be a good decision to buy if you want to make money.
I really agree with you because it's better to think about the future of it and how you can get profit from using Bitcoin. It is new technologies that cannot die in real time.