Yes and no.
I have a feeling a lot of people were too young to really remember the .com frenzy of the late 90s. Many early 20somethings weren't even teenagers then. Every generation thinks it can change the world, and some do, while the rest grow and realize what can and can't be done in the world we live in. It's a part of every generational cycle, and it is happening as we speak.
There are echoes of that these days, after all the internet was touted as a game changer, and it did become one. Along the way, lots of people got rich, while those who bought at the top of the market lost their shirts. Rinse and repeat over time...the Mortgage Market till 2007, and now today with bitcoin. The thing to remember is to keep a level head and do what you can to contribute to this new economy. Market manipulations are a fact of life, while learning and living are something all of us need to do as we journey through life.
I have no doubt Bitcoin will continue to rise, though exactly how high has yet to be determined. In the end all we can do is do our part to make bitcoin a part of the world, and make its dream a reality.
Some similarities and many differences. The next year or two will be quite a time to remember.