One of the other considerations for the value of Bitcoin is the fact that it is a medium of exchange and store of value that does not require a third party and also has trust embedded into the network given that it is peer to peer. Therefore, consider the demand if the inflationary spiral of most developed economy's and respective central banks and fiat currencies occur. Would you prefer having more value store in an instrument that relies on the management of a third party that has no limits as to the amount they can determine as supply or a decentralized network that has limited supply where value is mined through consensus and transactional confirmations?