I absolutely love your post. This is something I keep saying to people who use the bubble term. Most people dont even know what bitcoin is. Bitcoin may hit a bubble at some point in the future, I mean im sure its possibly destined, but we are nowhere near close to that now, this is just the growth phase, which is exciting for all those who are apart of it right now, cause this has not hit the mainstream yet. People have no idea, they cannot conceive yet what this actually means. The entire world will change.
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I doesn't have to ever go into a bubble if the dollar goes down. Million dollar bitcoin is a given, but will a million buy an island, a house, a car, a vacation, or a coffee.