This is the easy over-simplification that makes for a convenient blame-game.
> Speculators don't care about a correct investment decision is about riding the trends
Speculators != Investors.
> If people are buying, it doesn't matter if you don't agree .. you have to buy as well it works as a hedge.
No. If other people are buying, you can sit there and do absolutely nothing.
> btw, don't say " for the non-finance people"
No. I'll go ahead and target my explanations to the exact people who may not understand the topic being discussed. If you feel like you're being looked down upon, that's your insecurity, not my problem.