You are certainly right.

There are actually alot of bubbles out there. Wallstreet is a bubble of epic proportions. Fiat currency is absolutely a bubble. I mean if you read what the keynesian economists say, it sounds like a guide to making bubbles. Government is a Tulip Mania scale bubble.

Cryptocurrencies are not a bubble, it is part of a rapidly expanding technology in its infancy.

Steem being drastically undervalued is certainly not a bubble.

This doesn't mean that market movements won't happen. This is just what markets do. However nobody would now look back at the early days of google trading on the stock market and try to identify the bubbles. They would see price action as the market was trying to determine the value of the shares.

Thanks for the post.

Keep Steeming!