[Il_Mostro]

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Players bet the bubble because because, even knowing it is a bubble, the players still feel it will go higher.

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Well, yes, some "players" do that. But I would say that most people just go with the flow. Since we have had a bubble every 20 years or so for a long time, and it's still a lot of people that lose a lot of money everytime, I would not say they are rational.

maybe this comes down to a difference in definition on rational.

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Now, you might argue that they are incorrect about some underlying principles. However, that is a completely different thing.

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I don't understand what you mean here. If this is a commentdon my "exponential growth again" remark I find it strange. If you call that to be " incorrect about some underlying principles" I would say you are wrong, that is not an underlying principle at all, and everyone should be able to understand it cannot go on, yet a lot of people lose money every time.