If you look last decade same thing happened to traditional world of investing..what about twitter and facebook , many said they are overvalued but yet they did not crash..
While I agree that Bitcoin isn't overvalued, your reasoning doesn't make any sense. Bitcoin doesn't have anything to do with Twitter and Facebook. Sure, they were able to realize their potential, but that is yet to be seen with Bitcoin. If we were to go with your example, then the conclusion would be that it could still go either way.
they are valued based on what they will be worth in the future
So you're saying they are overvalued
at the moment?
I am a big believer in Bitcoin, and could already be considered revolutionary because it spawned the rise of cryptocurrencies, but it can't be said that it has succeeded as a currency
at least until it can scale. Let's see how the Lightning Network plays out when it hits the mainstream.