Btc is worth $10k alone on notary.. now add other use cases.. speculative is a special word here.
in theory, it has huge intrinsic value. but it needs the infrastructure, which it doesn't have right now. I cant think of a single use of bitcoin that can support a price of more than, say, $50 today. speculators exiting the market would crush that price support.
Common Chestnut... YOU are converting into a bear too? We really must be due for a turn around any time soon.. Maybe you should call us remaining quasi-bulls a few names too and threaten us? he he he


