It buys you 1700% more, but is it overvalued? Let's do a little math:

How much would BTC be worth if there were as many in existence as there are dollars?

Total USD around: 829000000000
Total BTC around: 11247000

829000000000 / 11247000 = 73709

BTC Price in USD: 120

Real BTC Price in USD: 120 / 73709 = 0.0016

Still overvalued? As long as that number is below 1, it's undervalued!

TL;DR: It's not a bubble, It's limited edition!

PS: How do you like my reality distortion field?