Can’t speak for OP but I was referring to the overall landscape- the arks, Tesla’s, and even Bitcoin itself. People are buying these simply because they’ve been

Can’t speak for OP but I was referring to the overall landscape- the arks, Tesla’s, and even Bitcoin itself. People are buying these simply because they’ve been going up by orders of magnitude in a very short time. When hoards of people are flocking to investments because they’ve been going up and applying fundamentals after the fact, you’ve got yourself a bubble. Yesterday the complete mania around Bitcoin and the opportunity for Coinbase was palpable, particularly among those I follow who couldn’t have cared less about crypto six months ago.