In economics, a bubble occurs when the price of an asset far exceeds its intrinsic value. Driven by "irrational exuberance," these cycles typically follow five stages according to economist Hyman Minsky:
A physical bubble is a thin film of liquid (usually water and soap) trapping a pocket of gas. The Bubble
: Unlike simple website builders, it handles databases, user authentication, and complex API integrations. In economics, a bubble occurs when the price
: Prices begin to rise rapidly as more participants enter. it handles databases
: Caution is abandoned; valuations reach extreme heights. Profit-taking : Smart money begins to exit the market.
: Bubbles are spherical because that shape minimizes the surface area for a given volume, which is the lowest energy state .