[LASR]

I am genuinely curious how demand for such things spike up. Is it social media? Influenced by someone etc?

I am not on SM, and I really cannot even imagine the peer?-pressure that drives normal, sane and reasonable people living in modern society to go after something so silly and be willing to part so much money for it.

I understand how it works with designer bags and watches etc where it's a signal for social status. But this bag? Come on.

Anyone know why? Or is it just that there is a positive feedback loop here of people wanting to buy this bag only to resell it for a huge return, and that causes the prices to shoot up. When really nobody actually wants to buy this bag to use? Sounds like a group-think ponzi scheme.