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How do you know it will pick up pace again?It does not have to die, but it also does not have to rise again. It can just wallow in insignificance. Look at fighting games .. they are no longer as popular as their hey day (SF2? the first few Mortal Kombat?) and while there are still new games, they never recover their popularity. Same is true for point-n-click adventures. Dying is a strong word, and not accurate. But declining is accurate, and it is not clear (one way or another) that classical style MMORPGs will ever approach its popularity ever again.
MMORPG is not just a fad though.Playing online is what people want, and playing RPGs online is not going to become suddenly unpopular.