People say bitcoin is dead either because then want to buy, but the are late into the game. They spread panic resulting in large amounts of bitcoins being sold driving the price down so they can get bitcoins cheaper. Or they think that more countries will ban bitcoin. In my opinion bitcoins is going to keep rising. Of course there are going to be downfalls  like we are experiencing now, but in the long run it will be an upward trend. Many people believe in this because they own a lot of bitcoins and hope to make the most out of them. I believe in bitcoin price rising because of a different reason. Firstly more and more people are accepting bitcoins as payment options. This is not only online but also offline. I know a small place near where I live where I can purchase using bitcoins. The publicity of bitcoins will lead to more people being aware of something like this and will see the investment opportunity, not only publicity but also word of mouth. I wouldn't have found out about bitcoins if it wasn't for my friend who told me. That is a bunch of reasons together but we will call it as one. The second reason why I think bitcoin price will keep rising is because the mining difficulty is getting higher and higher. Eventually there will only be a set amount of bitcoins that can be used. This will lead to scarcity and as we all know scarce resources are not cheap.

Just my point of view on this topic.