Basically I don't see any target value for bitcoins and there's no bubble since this is a once upon a life time opportunity. Basically since number of bitcoins will be limited - total value of all bitcoins must be a fraction to total human wealth. Tech leaders and SV have strongly stood behind bitcoin and blockchain with convincing arguments, and put their credibility behind it and each day by increasing valuation of Bitcoin they prove why tech matters on this planet.
Edit: /S
If a bubble forms and people's finances get hurt, that'll have very negative effect on the credibility of SV and tech sadly.
Edit: /S If a bubble forms and people's finances get hurt, that'll have very negative effect on the credibility of SV and tech sadly.