bitcoins = tulips | Bitcointalksearch.org

Phinnaeus Gage

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Bitcoin: An Idea Worth Spending

Quote from: Johnny Bitcoinseed on December 03, 2013, 10:31:53 AM

If you want tulips, one only has to hold US Dollars. Being printed to the tune of an additional $85 billion per month. Hundreds of Trillions of dollars in debt and unfunded liabilities.

I'll take my chances with bitcoin.

Most US Dollars = Virtual Tulips

FTFY

niothor

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in defi we trust

Quote from: Ivanhoe on December 04, 2013, 10:52:34 AM

Quote from: niothor on December 04, 2013, 10:47:59 AM

Quote from: cryptocoinmkt.com on December 04, 2013, 10:43:17 AM

Quote from: gochk on December 03, 2013, 09:48:16 AM

According to http://www.blacklistednews.com/Guest_Post_-_Bitcoin%3A_Get_Out_While_The_Getting%27s_Good_/30803/0/0/0/Y/M.html
bitcoins = tulips.

Source: http://gonzalolira.blogspot.com/2013/11/bitcoins-get-out-while-gettings-good.html

The article is crap. How can some idiot compare Bitcoins to Tulips.

Tulips mania was isolated to Denmark and surrounding areas/countries.
It was treated more like art...people collected Tulips.
Though Tulips were exchanged for money, it really wasn't used like currency.

The psychological hype may have been similar, but Tulips were bound to fail.

Bitcoin and other crypto currencies however, are used as a store of value and exchange for goods and services. An alternative to FIAT dollar, like the American "toilet paper" dollar, that has a mad man at the printing presses.

The psychology, behind Bitcoin is hype to some level, but also of fear and protection of a portion of ones capital in case the "SH!T hits the fan". Similar to gold.

Anyway, my 2 cents.

And your post is total crap. No offense.
Denmark?

That's the only thing wrong in his post, it's not total crap. It was Holland of course.

When somebody claims to know about that matter and start with a such a mistake , I don't even bother with the rest.
But for the sake of it let's go:
Tulips were bound to fail.
Did they? Nope , the price decreased but tulips went on , and even now I can still plant, grow, buy, send them as a gift.
Lets talk about Bitcoin in 300 years. Of course we won't

))))

Also. I don't believe that Bitcoin is a bubble , Keep that in mind.

PenAndPaper

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Quote from: BitcoinTraderFX on December 04, 2013, 02:54:32 AM

So long as other people begin adopting bitcoin, it will continue to be accumulated, and drive the value up.

If people abandon bitcoin altogether, then it could drop in value.

Actually it takes as little as 50 people to abandon bitcoin altogether and the currency will go single digit. But that's not going to happen anyway.

JimboToronto

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Quote from: HeliKopterBen on December 04, 2013, 11:01:51 AM

Quote from: Lethn on December 03, 2013, 11:23:42 AM

Maybe someone needs to make a tulipcoin for all these tulip whiners to buy Cheesy

.

How about beaniebabycoin

Ponzicoin?

HeliKopterBen

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Quote from: Lethn on December 03, 2013, 11:23:42 AM

Maybe someone needs to make a tulipcoin for all these tulip whiners to buy Cheesy

.

How about beaniebabycoin

railzand

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Lux e tenebris

thought it was daffodils from Wales

Ivanhoe

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Quote from: niothor on December 04, 2013, 10:47:59 AM

Quote from: cryptocoinmkt.com on December 04, 2013, 10:43:17 AM

Quote from: gochk on December 03, 2013, 09:48:16 AM

According to http://www.blacklistednews.com/Guest_Post_-_Bitcoin%3A_Get_Out_While_The_Getting%27s_Good_/30803/0/0/0/Y/M.html
bitcoins = tulips.

Source: http://gonzalolira.blogspot.com/2013/11/bitcoins-get-out-while-gettings-good.html

The article is crap. How can some idiot compare Bitcoins to Tulips.

Tulips mania was isolated to Denmark and surrounding areas/countries.
It was treated more like art...people collected Tulips.
Though Tulips were exchanged for money, it really wasn't used like currency.

The psychological hype may have been similar, but Tulips were bound to fail.

Bitcoin and other crypto currencies however, are used as a store of value and exchange for goods and services. An alternative to FIAT dollar, like the American "toilet paper" dollar, that has a mad man at the printing presses.

The psychology, behind Bitcoin is hype to some level, but also of fear and protection of a portion of ones capital in case the "SH!T hits the fan". Similar to gold.

Anyway, my 2 cents.

And your post is total crap. No offense.
Denmark?

That's the only thing wrong in his post, it's not total crap. It was Holland of course.

niothor

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Activity: 826

Merit: 501

in defi we trust

Quote from: cryptocoinmkt.com on December 04, 2013, 10:43:17 AM

Quote from: gochk on December 03, 2013, 09:48:16 AM

According to http://www.blacklistednews.com/Guest_Post_-_Bitcoin%3A_Get_Out_While_The_Getting%27s_Good_/30803/0/0/0/Y/M.html
bitcoins = tulips.

Source: http://gonzalolira.blogspot.com/2013/11/bitcoins-get-out-while-gettings-good.html

The article is crap. How can some idiot compare Bitcoins to Tulips.

Tulips mania was isolated to Denmark and surrounding areas/countries.
It was treated more like art...people collected Tulips.
Though Tulips were exchanged for money, it really wasn't used like currency.

The psychological hype may have been similar, but Tulips were bound to fail.

Bitcoin and other crypto currencies however, are used as a store of value and exchange for goods and services. An alternative to FIAT dollar, like the American "toilet paper" dollar, that has a mad man at the printing presses.

The psychology, behind Bitcoin is hype to some level, but also of fear and protection of a portion of ones capital in case the "SH!T hits the fan". Similar to gold.

Anyway, my 2 cents.

And your post is total crap. No offense.
Denmark?

cryptocoinmkt.com

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Activity: 45

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Quote from: gochk on December 03, 2013, 09:48:16 AM

According to http://www.blacklistednews.com/Guest_Post_-_Bitcoin%3A_Get_Out_While_The_Getting%27s_Good_/30803/0/0/0/Y/M.html
bitcoins = tulips.

Source: http://gonzalolira.blogspot.com/2013/11/bitcoins-get-out-while-gettings-good.html

The article is crap. How can some idiot compare Bitcoins to Tulips.

Tulips mania was isolated to Denmark and surrounding areas/countries.
It was treated more like art...people collected Tulips.
Though Tulips were exchanged for money, it really wasn't used like currency.

The psychological hype may have been similar, but Tulips were bound to fail.

Bitcoin and other crypto currencies however, are used as a store of value and exchange for goods and services. An alternative to FIAT dollar, like the American "toilet paper" dollar, that has a mad man at the printing presses.

The psychology, behind Bitcoin is hype to some level, but also of fear and protection of a portion of ones capital in case the "SH!T hits the fan". Similar to gold.

Anyway, my 2 cents.

niothor

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Activity: 826

Merit: 501

in defi we trust

Quote from: User705 on December 04, 2013, 03:06:44 AM

While generally agreeing that tulips and bitcoin are nowhere near the same thing, we are still currently expanding the bitcoin supply. If you exclude satoshi wallets, lost wallets, and other frozen coins like fbi stash and some super long term bull holders then bitcoin supply is currently expanding at a rate of probably between 10-20% per year. So currently we are certainly growing more bitcoins. And I won't even mention litecoin since that didn't even half yet.

But you should take a look at the new alts coming up , they might be only 0,1% of the value , but at the rate they appear on the market they could hit 50% of the BTC market cap.
Although I do think altcoins are a bubble.

toy4lov3rs

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Quote from: BitcoinTraderFX on December 04, 2013, 02:54:32 AM

So long as other people begin adopting bitcoin, it will continue to be accumulated, and drive the value up.

If people abandon bitcoin altogether, then it could drop in value.

I agree, there might be correction but never crash to single digits if bitcoin will be used

Lewis2

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Fuck this shit I'm going all tulips

spooderman

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Quote from: Carlton Banks on December 03, 2013, 10:37:31 AM

I see where he's coming from.

Tulips are:

Limited in supply by a distributed consensus computer protocol
Tulip network can be used to send other tulips to people anywhere else in the world, and can be received instantly
Tulips comprise a software construct of a wallet of public and private keys to allow the Tulip user to securely send, receive and store their Tulips
Mining new Tulips involves trial and error guessing of the value of 2 SHA-256 hashes of the previous block of Tulips in the blockchain

The similarities are pretty startling, case closed.

haha laughed hard at this

User705

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First 100% Liquid Stablecoin Backed by Gold

While generally agreeing that tulips and bitcoin are nowhere near the same thing, we are still currently expanding the bitcoin supply. If you exclude satoshi wallets, lost wallets, and other frozen coins like fbi stash and some super long term bull holders then bitcoin supply is currently expanding at a rate of probably between 10-20% per year. So currently we are certainly growing more bitcoins. And I won't even mention litecoin since that didn't even half yet.

BitcoinTraderFX

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I'm not sure I agree with the premise. Bitcoin has a use as a currency, and is being used as an alternative holding vehicle (like gold). Tulips were a perishable.

So long as other people begin adopting bitcoin, it will continue to be accumulated, and drive the value up.

If people abandon bitcoin altogether, then it could drop in value.

: )

cj

Buffer Overflow

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Bitcoins are a good store of wealth.
Tulips perish, so obviously that idea was doomed from the start.

Elwar

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Viva Ut Vivas

tulips are a ponzi scheme in the form of pyramid bubbles

PenAndPaper

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Quote from: gochk on December 03, 2013, 11:16:57 AM

I think the blogger is using tulips because as you know, tulips bloom and then dies. That's what happens to the ones on my flower bed anyway. So he's essentially saying, bitcoin will "bloom" but then it'll die off - which he advises people not to get into it and to sell what they have.

Actually that is kinda poetic but the guy refers to the tulipomania a well know economic bubble that happened like 500 years ago Tongue

LostDutchman

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Quote from: gochk on December 03, 2013, 09:48:16 AM

According to http://www.blacklistednews.com/Guest_Post_-_Bitcoin%3A_Get_Out_While_The_Getting%27s_Good_/30803/0/0/0/Y/M.html
bitcoins = tulips.

Source: http://gonzalolira.blogspot.com/2013/11/bitcoins-get-out-while-gettings-good.html

Naysayers, Doomsayers all crying "Wolf!"

Well, wolves are better people than most people, so nine times out of ten I'll take a wolf over a person and I speak from experience.

I think the author is just jealous of people who are making more money than he is and who are definitely happer than he is!

My $.02.

Wink

Lethn

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God damnit I knew I shouldn't have suggested that idea as a joke Sad

Topic: bitcoins = tulips (Read 3551 times)