Any valuation above relative parity with USD/EUR/AUD/GBP etc. is extremely suspect as there are absolutely zero real reasons for it to be above parity.

A number of people have mentioned how great BTC are for international currency transport and exchange and they're correct, though this use doesn't require any valuation higher than relative parity with the strongest currencies; In fact it still works perfectly fine at 10:1 or even 100:1, the only reason for it to be higher is greedy miners hoarding to artificially restrict supply.

It's just patently absurd to say that BTC has any value above the strong fiat currencies that have the GDP of ENTIRE FUCKING NATIONS behind their value, and bitcoin has absolutely jack shit. The only reason for it to hold parity is for conveniences sake anyway.

So why did I even suggest anything above parity in the first place, say, below $10?  Because bitcoin speculators are still idiots and the die hards will still inject paycheck after paycheck into the market hoping to extract some small profit.  So my wild variance between $0.01 and $10 is solely because I honestly have no idea how tenacious these idiots are, or exactly how many of them are stupid enough to continue to artificially inflate the value long term.

But one thing is certain and that is that the super-fantastic cryptoararchojerkoffism inherent to the design of bitcoins is a FAR fucking cry from the economic value of the GDP of motherfucking NATIONS that floats their fiat value to where it exists today, and that all the bitcoiners who believe otherwise are fucking fools. liberal vulgarity included for emphasis