Almost every bubble ever had its detractors. Yet they still happened because those who actually had decision power and market shaping power didn't care about any downsides from popping a larger bubble so they just wanted to make money.
reply>Almost every bubble ever had its detractors.
replyAbsolutely correct. That's why I mentioned the niche in my comment.
But no bubble ever has been predominately detractors.
Bubbles are driven and crashed by people who put their money where their mouth is.
replySo online discourse doesn't matter much.