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PageRank is still considerable?

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What is mean by Pagrank : Pagerank equation is based on site backlinks(authority). If we are going to link someone, like website A -> links -> website B website A rank juice(authority) will flow to website B. So many people used this methodology to gain rank in shorter period. PageRank Negatives : Yes, it's lead to link farms, link exchanges, and paid links. People still believe about pagrank and doing some bad techniques to earn pagerank such as called link schemes. But now Google alerted about Pagerank and they have changed their algorithm to clean the spam websites in search results. For avoiding this kind of pagerank manipulation, Google invented "Penguin" Algorithm. Which helpful to prevent, 1. Low quality links 2. Over optimized anchor texts 3. Keywords stuffing Pagerank is dead : Yes finally Google(John Muller) announced  on 06 Oct 2014. Ref: https://www.youtube.com/watch?v=-GlxLlpm3Ew#t=1230 But still so many people are believe about Pager...
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