The only way for a bubble to happen is with liquidity. The pace of selling has to be extremely fast. You can't dump Yik Yak off to the next guy - it's private.

The only way for a bubble to happen is with liquidity. The pace of selling has to be extremely fast. You can't dump Yik Yak off to the next guy - it's private. You can dump Etsy off on the stock exchange, but, it has been doing poorly for 5 years - so no bubble there - the only sucker is the seller. I am pretty confident people don't understand how bubbles work.