Prices have risen by orders of magnitude, untethered to any measurable fundamentals, then crashed, multiple times. I'm not sure what other definition of bubble you're operating with...

I'm not arguing that it's not a bubble. I'm conceding that cootsnuck may be claiming that this time it's not a bubble.

But if that's not the claim, then I'm saying that the current value makes it's clear that it's not the end of a bubble.