What we see right now doesn't mean that Bitcoin will die. If you think Bitcoin - when we speak about making money (not using it!) - is a bursting bubble I can say it looks so. You may be right. However, that doesn't mean Bitcoin dies. Do you folks remember the Dot-com boom? That bursting bubble?
What happened can be read on Wikipedia
, but what is more important is that it didn't kill the IT industry. It just corrected thing and stabilized their values and the market got rid of bad companies. This is just what Bitcoin needs.