Topic: Bitcoin starting to look more and more like TULIP BULBS of 1600s (Read 5448 times)
September 20, 2014, 10:30:08 PM
See my signature.
September 20, 2014, 10:28:08 PM
Tulip bulbs has little practical use apart from being looked at. You can use BTC to buy things.
You could use tulips too, at one point of time.
September 20, 2014, 03:16:50 PM
Tulips were worth more than a few houses in Amsterdam. Bitcoin is not yet there 
In a few years, it will.
September 20, 2014, 08:46:28 AM
Tulips were worth more than a few houses in Amsterdam. Bitcoin is not yet there
September 20, 2014, 08:30:06 AM
Starting to look more and more like Tulipmania to me...
September 20, 2014, 08:26:40 AM
During the 1600s people were dying for these bulbs. Flower shops started popping up everywhere just like miners today. If the gov't ever start legalizing gambling and drugs, isn't bitcoin/ alternate coin just absolutely doomed to death?
I mean, BTC gained momentum because it is a better system than fiat and easier to carry around than commodities, however, if the gov't fall and a better regime takes over, isn't bitcoin just doomed to death as well?
Starting to look more and more like Tulipmania to me...
I mean, BTC gained momentum because it is a better system than fiat and easier to carry around than commodities, however, if the gov't fall and a better regime takes over, isn't bitcoin just doomed to death as well?
Starting to look more and more like Tulipmania to me...
Did you ever get to plant any bitcoins? What do they smell like?
September 20, 2014, 06:15:36 AM
Tulip bulbs has little practical use apart from being looked at. You can use BTC to buy things.
September 19, 2014, 08:13:26 PM
Ah yes the good old tulip comparison.. Well that's it I'm selling all my coins because you compared Bitcoin and innovative technology that makes transactions with a middleman obsolete), to the tulip craze that happened hundreds of years ago.
Also the comparison has little to know basis except for the fact that ignorant people can't grasp the Bitcoin is very useful and valuable.
Also the comparison has little to know basis except for the fact that ignorant people can't grasp the Bitcoin is very useful and valuable.
middleman is definitely not obsolete....
September 10, 2014, 06:08:57 PM
Ah yes the good old tulip comparison.. Well that's it I'm selling all my coins because you compared Bitcoin and innovative technology that makes transactions with a middleman obsolete), to the tulip craze that happened hundreds of years ago.
Also the comparison has little to know basis except for the fact that ignorant people can't grasp the Bitcoin is very useful and valuable.
Also the comparison has little to know basis except for the fact that ignorant people can't grasp the Bitcoin is very useful and valuable.
September 10, 2014, 05:16:56 PM
You can keep making the absurd comparation with tulips vs a solid, legit technological revolution that disrupts the global psyche as personal computers and the internet did. You can keep making all these stupid quotes that will be saved to mock you in the future just like these IBM morons when you remember how they said no one wanted a PC or internet or portable phones. Just lol.
September 10, 2014, 12:36:54 PM
If you think this is the correct analogy then you'll have to blame your teachers for failing in teaching you logic as this will be precisely the reason why you end up living out of a cardboard box.
There are analogies... that ain't the right one.
There are analogies... that ain't the right one.
Would you be kind enough to enlighten us and teach us the analogy that will perfectly fit this situation, please?
Newbie is a retard who started trading this year and Lost his money cuz he's an idiot and a bad trader, and now says bitcoin is dead on the long term. I wouldn't expect any enlightening from someone that short sighted.
September 10, 2014, 12:32:53 PM
bitcoin and tulip are both ponzi pyramid schemes
Great post!
Any evidence to backup your "factual statement"?
September 10, 2014, 12:22:26 PM
jimbo, you are like the bull version of falllling.
Wow. Did I hit a nerve?
It's the first time (I believe) I ever replied to one of your posts.
I consider myself neither bull nor bear. Call me a "cultist" if you want because I strongly believe in Bitcoin as disruptive technology.
I just like to laugh at bears because they take themselves so seriously.
Like Faiiiling? I don't often even start threads, let alone spam FUD.
**sigh**
no you don't start threads like fallling, but you get all defensive anytime someone brings up a valid criticism of bitcoin.
Except your criticisms are not at all valid...
September 10, 2014, 11:28:04 AM
Xiaoxiao starting to look more and more like falllllllllllling of manipulation101s
September 10, 2014, 11:20:11 AM
2012 called, they want their failed comparison back
September 10, 2014, 10:54:29 AM
September 09, 2014, 04:18:20 PM
So everyone is interested in Bitcoin and no one thinks it is a bubble?
How can something be a bubble, when most people think it will fail and is a bubble?
How can something be a bubble, when most people think it will fail and is a bubble?
September 09, 2014, 04:07:18 PM
Metcalfs law (with some noise). Let's all hope the model isn't wrong...
September 09, 2014, 03:59:54 PM
^Something like that. There were assembly lines before Ford. He did a bunch of stuff to streamline assembly--I think he was the first to use parts that were standardized enough not to require hand-fitting. He did a bunch of interesting stuff, like pay his employees much more than the going wage, and offered their families child care, medical care and ...other stuff 
September 09, 2014, 03:53:35 PM
No. But 99.99 % of humanity considers credit cards to be way more convenient than Bitcoin. And that's what matters.
99.99% of humanity would have told Henry Ford they wanted faster horses, not smelly, oily, gaz-guzzling noisy contraptions like "cars", and that's what mattered. Not. lol at this analogy. does not work out in the least bit. lol at "oily, smelly gaz guzzling"
And another lol.
Henry ford didn't invent the car, that was (arguably) Karl Benz, about ten years before the Model T.
Ford's genius was in making his cars cheap, user-friendly, and affordable.
See some new parallels emerging?
Henry Ford was the first to build an assembly line for mass production.
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