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Topic: bitcoins = tulips - page 3. (Read 3548 times)

legendary
Activity: 1064
Merit: 1001
December 03, 2013, 10:43:39 AM
#10
Bitcoin is revolutionary. It could go to 0.1 USD and I'm sure some geeks (like me) would still use it.
full member
Activity: 168
Merit: 100
December 03, 2013, 10:40:35 AM
#9
Howdy troll thread.   Look, you got me to type something!

legendary
Activity: 3430
Merit: 3080
December 03, 2013, 10:37:31 AM
#8
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.
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
December 03, 2013, 10:34:41 AM
#7
Tulips are beautiful.



Fail article...
full member
Activity: 154
Merit: 100
Johnny Bitcoinseed
December 03, 2013, 10:31:53 AM
#6
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.
member
Activity: 84
Merit: 10
December 03, 2013, 10:24:30 AM
#5
Let me see if I have this correct. The same person that is comparing bitcoins to tulip, is one we're trying to save all future transaction fees for him and his family and friends, yet, instead of embracing change, of which he advocates, he opts to throw it under the bus.

~TMIBTCITW

Apart from this, it's also a very ugly article.  He even goes as far as to insult the people that embrace bitcoins and the people that have gotten it to where it is today (talking about not stroking the egos of the nerds that are a part of bitcoin).  Very big dislike to that article, maybe he did it to get some spotlight. 
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
December 03, 2013, 10:17:53 AM
#4
Let me see if I have this correct. The same person that is comparing bitcoins to tulip, is one we're trying to save all future transaction fees for him and his family and friends, yet, instead of embracing change, of which he advocates, he opts to throw it under the bus.

~TMIBTCITW
member
Activity: 84
Merit: 10
December 03, 2013, 10:06:30 AM
#3
I merely skimmed through most of the article and think they are way off.  Some of their information is out dated, some wrong.  Also, if bitcoins = tulips, gold could easily be like tulips as well (or a better example, diamonds).  This is ridiculous.  Furthermore, saying that there is no place to buy items/services for bitcoins is absolutely false.  And why must it EXCLUSIVELY be for bitcoins?
legendary
Activity: 1344
Merit: 1000
December 03, 2013, 09:59:22 AM
#2

in reality the ups and downs of stock/currency and asset prices are much more complicated that this

and from some view points its almost impossible to see a bubble in any real assets,

it would seem more often that professional operations are setup to pop assets so hard

that it does indeed collapse in price and then the instigator can buy up en masse

the now very cheap product knowing that it has underlying intrinsic value




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