Majority of Bitcoin's value comes from speculation rather than fundamentals (scarcity and utility), we can see it by how much the price moves without any change in fundamentals at all.
Bitcoin fundamentals are not just scarcity and utility but the evolved technology, community and the network, as well a the established methods of this evolution. It is nearly impossible to duplicate this evolution of miner infrastructure, community support AND decentralized decision-making. The fact that bitcoin is here is here to stay.
The next fundamental that all the "business" people cry about is "utility on blockchain". This is where success of LN becomes all the more important. If the LN infrastructure gets going, it'll mean that the tech has matured to a level where a layer-2 utility can use the security of base layer. The use there-on is limited only by the acceptance of bitcoin's advantages by the people and developers. Instead of hating on each other, people can just accept bitcoin as it is and work with it instead of against it.