Bitcoin and all possible applications of it is of much greater value to the world than its dollar value.
Its sad main stream media don't understand it and mostly focus on the speculative part of bitcoin.
Example of applications that noobs at Main-Stream-Media don't know about:
Messaging - using encryption and the bitcoin protocol to easily distribute messages. (BitMessage)
Digital contracts - using bitcoin to create contracts that cannot be double spent, much safer than paper contracts.
Exchange - creating a p2p bitcoin exchange with help of bitcoin itself or a modified bitcoin protocol
Voting - using bitcoin to enable direct democracy with secure voting
and so on... there are lot of applications that I am not aware, and that has nothing to do with the dollar value of bitcoin.
Bitcoin's dollar value may go to 1000$ or 1$ but its real value to humanity is infinite!
Damn, then when the "false value" reaches the "real value" (infinite), nobody will be able to buy a bitcoin, so it will disappear forever!
I'm sad now.