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So if you want to judge whether bitcoin has monetary value or not, don't look at the price, look at the adoption. If that starts declining then you might have a point with the tulip analogy.
Until then all bets are off.
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Peace to you all...
Thanks guys.
All bubbles has been driven by greed.
When dust settles down only things which are needed at the time of their existence will persist.
DaveWave, you are talking only about the price of btc not about what it does or offer (you are a greedy-investor-mind who missed a bubble).
Sit down and watch.