I respect your opinion, but I'd like to explain why I disagree. First of all, I think you'll agree that something is worth whatever someone else will pay you fo

I respect your opinion, but I'd like to explain why I disagree. First of all, I think you'll agree that something is worth whatever someone else will pay you for it. So, if we're in a bubble then that means in the future, someone will not be willing to pay $7000 for one bitcoin. But, with bitcoin's limited supply and increasing demand, and it's purchasing not being limited by credit availability (like housing, cars, etc) then chances are good it's demand will continue to increase and therefore its value will continue to increase. If that doesn't happen then that means bitcoin's design is flawed -- it was literally designed to go up in value over time because it was invented out of frustration with fiat currency that nearly always goes down in value over time (inflation). The blockchain isn't the only brilliant thing about bitcoin.