[href]

What makes me certain it's a bubble is all the stories my wife tells me of people from her native Malaysia. Her mother wants to buy in, her mothers friends want to buy in, people take out their pension funds for it, a guy sold his profitable albeit small restaurant to go all-in on bitcoin and so on.

Now it's somewhat understandable given the fact that Malaysias currency has not been very stable in recent years and people are struggling. But people investing all they have into such a volatile market is going to lead to a rude awakening.