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Topic: Can we compare Bitcoin with tulips? (Read 701 times)

brand new
Activity: 0
Merit: 0
April 16, 2020, 04:30:09 AM
#84
Absolutely not. Bitcoin has been operating since 2009. "Early bird catches the worm" Bitcoin catches the worm and momentum.

https://graciousquotes.com/wp-content/uploads/2020/04/I-think-the-whole-narrative-of-blockchain-without-bitcoin-will-amount-to-very-little..jpg
image source: https://graciousquotes.com/bitcoin-quotes/
sr. member
Activity: 616
Merit: 253
April 16, 2020, 04:25:30 AM
#83
This is a very unusual comparison, but you are right.
full member
Activity: 271
Merit: 101
April 16, 2020, 04:14:56 AM
#82
btc is anyway risky comparing with tulips
newbie
Activity: 30
Merit: 0
August 05, 2018, 04:14:13 AM
#81
Comparing Bitcoin with florist is unlikely you should understand this, they do not want to be more common bitcoin is knowing, so they make some problems by comparing bitcoin with bad ones, if they I'm the bitcoin holder and believe in bitocin
newbie
Activity: 26
Merit: 0
August 04, 2018, 07:55:11 PM
#80
There are some article already talk about this one, and they also said that tulip mania doenst extinct at all. Maybe some people does but if it will be compared to it, I don't think it's comparable.
full member
Activity: 134
Merit: 100
August 04, 2018, 07:33:33 PM
#79
Some people like to compare crypto with the tulip bubble phenomenon before. My thoughts:

First of all, the phenomenon of tulips really does not exist nor can one prove, there are very few documents that exist today.

Secondly, tulips do not last long, are not scarce, can not be programmed, can not be used for transactions, can not be verified, can not be divided, are not the solution of the problem, and hard to move.

Can not compare crypto with tulips.

In my own opinion, tulip was a phenomenon during the Dutch age wherein the price of tulip suddenly increased so much and then it suddenly collapsed. But there is no comparison between tulip with cryptocurrency. Cryptocurrency is a decentralized virtual coin with blockchain system which often undergoes fluctuations of price. So I think, there are no relationship between the two, though they are both not existing.
newbie
Activity: 131
Merit: 0
August 04, 2018, 07:15:03 PM
#78
I do not quite understand what it means to compare in this situation. In the sense that bitcoin also turns out to be a bubble and will burst sooner or later?
Well ... you can talk for a long time, but we will find out only if it breaks ...
However, you can remember the example in the form of credit cards, which now are used by all ... and this could also be a bubble.
So only time will show
copper member
Activity: 112
Merit: 3
August 04, 2018, 07:11:26 PM
#77
Tulip is alien to me but what ever it is,i believe it cannot be compared with bitcoin because bitcoin got acceptance and in use.Bitcoin can be used to make so much transactions
legendary
Activity: 2240
Merit: 1069
August 04, 2018, 06:49:47 PM
#76
During the tulips mania, tulips value rose very high but not because it have value that will support the price but because it was hyped. There is no real value in tulips that can maintain the high price so it falls.

The hype for bitcoin last year can be compared to tulips mania in the manner the price suddenly rose. But it can't be the same because bitcoin has its technology as its value. We can see that even when the price drops, it still have strong support at above 7K.
hero member
Activity: 1361
Merit: 506
August 04, 2018, 01:56:17 AM
#75
Already many economists compared bitcoin with tulips last year when bitcoin was at its highest peak price of 20,000 dollars due to launch of bitcoin futures and predicted that bitcoin would collapse same as tulips.But bitcoin managed to survive.Tulips had no use as that of bitcoin which could be used as payment,which could be saved securely.So its baseless to compare bitcoin with tulips.
full member
Activity: 420
Merit: 105
Negative trust for an opinion! Check it out.
August 03, 2018, 10:14:18 PM
#74
No you cannot compare bitcoin with the Dutch Tulip mania.  Bitcoin has an actual function that is much more useful and practical than a flower.  Also a very small portion of our society has even heard of Bitcoin so I do not think we are in bubble territory. 
newbie
Activity: 108
Merit: 0
August 03, 2018, 09:58:10 PM
#73
I think both are different things, there is never a comparison of tulip with bitcoin.other side most of the populer and digital coins is bitcoin.It helps people earn money.
newbie
Activity: 126
Merit: 0
August 03, 2018, 04:09:11 PM
#72
that is true my dear because bitcoin is the most successful crytocurrency so no other can be compared with bitcoin today, secondly it so many potentials
newbie
Activity: 226
Merit: 0
August 03, 2018, 03:59:52 PM
#71
Some people like to compare crypto with the tulip bubble phenomenon before. My thoughts:

First of all, the phenomenon of tulips really does not exist nor can one prove, there are very few documents that exist today.

Secondly, tulips do not last long, are not scarce, can not be programmed, can not be used for transactions, can not be verified, can not be divided, are not the solution of the problem, and hard to move.

Can not compare crypto with tulips.

Their is no comparison between Bitcoin and Tulips, bitcoin is digital money currency that's provides people to gain multiple income through their investment. And bitcoin has a very big help to the economy in different country's. While tulips is a kind of flower that has no effect to the economy.
jr. member
Activity: 406
Merit: 2
August 03, 2018, 03:54:52 PM
#70
I think for now there is no crypto currency that can be compared with BTC, because usually the first is always the best, for example BTC can survive until now with growing interest that continues to increase despite the current unfavorable market conditions so that the price of BTC is the market is unstable and unpredictable, but still the belief that btc can provide better returns is still high, proving that btc is still the best, and too early if you have to compare it with other coins
 
full member
Activity: 271
Merit: 101
August 03, 2018, 03:40:17 PM
#69
No you can not compare tulips with Bitcoin. Bitcoin is mode of trade and investment while tulip is totaly different. Everyone once in life should do trade in Bitcoin. Bitcoin has some value near some people at international level but tulips do not have to much value.

I prefer to talk about bitcoin because it's still the most popular cryptocurrency in the world and has really big potential to increase our profit in the future.
sr. member
Activity: 412
Merit: 250
July 30, 2018, 01:34:01 AM
#68
I think this comparison is like those who do not understand the technology. and here the decaying plant and eternal technology?
full member
Activity: 463
Merit: 100
July 25, 2018, 09:04:22 AM
#67
How we compare bitcoin with tulip. Because bitcoin is the no1 position in the market. Tulip is way behind from bitcoin and this coin is also very risky for invest. On the other hand bitcoin is the best option for invest.


yes, I agree with you. and I do not know what he was talking about from the tulips he said. but if I read and understand it is comparing bitcoin.
I think in comparison to any crypt with bitcoin will not be balanced. the fact is bitcoin has a phenomenal price compared to all altcoin
newbie
Activity: 12
Merit: 0
July 24, 2018, 03:45:54 PM
#66
I think there is never a comparison of tulip with Bitcoin. Both are different things. Bitcoin is one of the most popular coins and digital coins. It helps people earn money.
true first thing is the price they are too far for each other how is this can be possible to be compared for.?
newbie
Activity: 75
Merit: 0
July 24, 2018, 03:42:23 PM
#65
With Tulips prices were driven by greed or the fear of missing out. Speculators were buying bulbs in the hope that they could sell them on at an even higher price. Again, it didn't last.
Bitcoin values may well collapse the way tulip futures did, either on their own or due to government efforts. But the problems cryptocurrencies address will not disappear with that collapse. People will continue to pursue technological innovations to improve financial services.
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