Will we be seeing the last of Mystic Falls? Are the Salvatore brothers getting ready to move to New Orleans? Will they be ditching “Vampire Diaries” for “The Originals?” Is Elena Gilbert set to join them? More importantly, has season 8 of “Vampire Diaries” really been cancelled?

According to Inquisitr, these are still unconfirmed rumours at the moment. However, it does seem like “Vampire Diaries” might be drawing to a close soon. Even Kat Graham, who plays Bonnie Bennett, think it’s time for the show to wrap up.

“I think that it could be the right time,” said Graham told People’s Choice. “I think that it’s important to go out when the show is strong…I think it’s important to see characters story lines’ through. And you know what? If [season 7] was the last season, I would still be thrilled because seven years on a show is a beautiful journey.”

TV Series Finale earlier reported that ratings for the once hit show have been slipping.  As most people know, ratings are usually the “best indication of a show’s likelihood of staying on the air.” Season 6 of “Vampire Diaries” got an average rating of 0.72 in the 18-49 demo. In comparison, Season 7 only got an average of 0.53 in the 18-49 demographic. Last week’s episode gave the season one of its lowest rating at 0.42.

The show has earlier been moved to the “kiss-of-death” 8 p.m. Friday time slot. That is usually the time slot for “dying shows,” according to Inquisitr. However, even though “Vampire Diaries” may be cancelled, we might still see some of  the show’s characters. Damon and Stefan Salvatore, in particular, are rumoured to be joining the spin-off series “The Originals.”

It was earlier reported that Ian Somerhalder, who plays Damon, seems to be worried that “Vampire Diaries” is ending soon. However, the show’s cancellation has yet to be confirmed.