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josealvesjr wrote: Tulip Mania: When Tulips Cost As Much As Houses
Cryptocurrencies and especailly Bitcoin are the talk of the town of late. According to CNBC, the price of a single bitcoin "has gone up at a faster pace than any other speculative vehicle in market history, as investor enthusiasm for the new medium has reached a fever pitch."
Some have likened the Bitcoin craze to Tulip Mania, believing that the bubble is getting ready to burst.
Tulip Mania: The 17th Century Dutch Tulip & Bulb Market Bubble
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valerie wrote:josealvesjr wrote: Tulip Mania: When Tulips Cost As Much As Houses
Cryptocurrencies and especailly Bitcoin are the talk of the town of late. According to CNBC, the price of a single bitcoin "has gone up at a faster pace than any other speculative vehicle in market history, as investor enthusiasm for the new medium has reached a fever pitch."
Some have likened the Bitcoin craze to Tulip Mania, believing that the bubble is getting ready to burst.
Tulip Mania: The 17th Century Dutch Tulip & Bulb Market Bubble
HaHa!
That was an enjoyable read.
Tulips are my favorite flower. There are tons of varieties and assortments of mixed colors.
They're just beautiful. I don't have good luck growing them but I do have a few that come
up in the Spring. I have some fake metal ones that almost look real from a distance.
Yeah, I never got into the bitcoin thing or any other type of online fake currency. If I had
learned more about it from the get go, I probably would have invested a little.
I will just say that IF it was me and IF I had invested in bitcoin, I would pull out whatever
amount I had invested as soon as I made profit. I would then take a large portion of the
profits and buy something I could touch.....primarily being Gold or perhaps Silver or as I
had stated before Land. If you do something like that, you won't lose no matter what.
Most people tend to allow greed to get the best of them and then they do lose all profits
and whatever they invested.
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get2business wrote: i made 10000% profit in 1 year with bitcoin.
let that sink in
tasman1 wrote: From what I can identify, the only reason today to buy or sell bitcoin is to make money, which is the very definition of speculation and the very definition of a bubble
When I look at bitcoin itself, I struggle a bit. What is it? Is it a currency? I don’t necessarily think it is. Is it a speculative investment?
If You can make money ok , why not , just do it before bubble burst
tasman1 wrote:i read postsget2business wrote: i made 10000% profit in 1 year with bitcoin.
let that sink in
nice ...Bitcoin was 700.00 a year ago . if you owned just 1 that will be over 70 000.00 value now if it is gone as you say 10 000% [ not gone that much my friend ]
sorry to ask but what are you doing here ?
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josealvesjr wrote: Continuation
It was a move that did what no force in the cryptocurrency universe was able to do this year: knock Bitcoin off its well-established trajectory.
Bitcoin responded immediately and has been reeling ever since.