A bubble you say, a valuable bubble, you should ask JP Morgan related the profits he made from crypto. The value of bitcoin will evaluate considering the markets but i don't believe it will become 1$ or 100$. Out there we have to many projects based on blockchain technology
I doubt it he will disclose on how much he made after spreading a FUD with the entire bitcoin ecosystem.
As long as they continue to create substantially more fiat money every year, there will be more money available to buy bitcoin and this will drive the price upwards.
I can't understand what he means with bitcoin has no fair value right now? If you purchase for $6,000 today then you can buy or pay things for $6,000 and this is fair.
It will likely going to happen because it's a need for a entire economy to product if there's a need. He just didn't understand what "fair value" means bitcoin has it's own value depending on the market and it dictates it how much it costs.