It is valuable because of its utility, that however gets lost if we are obsessed with its valued and HODLing it.
A major part, or even the majority of, Bitcoin's utility is the fact that you can save in it without having your savings confiscated by a third party or devalued by arbitrarily large amount of new issuances.
Smear campaigns against savers are underhanded tactics employed by people who want to obtain Bitcoins at lower prices.