and the end of this story is, that holland is the world leader in flowers today 
! thats the part most people dont tell.
! thats the part most people dont tell.+ 1
was going to say that too.
Topic: This is why bitcoin is crashing (Read 8144 times)
+ 1
was going to say that too.
Never heard about that story, where can I read more about it? 
Bitcoins are not for storage of wealth, yes, but symbol and scale
Why can't bitcoins be for wealth storage?
Bitcoins are not for storage of wealth, yes, but symbol and scale
I really don't understand the whole tulip-bitcoin parallelism.
Bitcoin is like gold, there's a limited supply.
While tulips would be like fiat, you can print (plant) more.
Bitcoin is like gold, there's a limited supply.
While tulips would be like fiat, you can print (plant) more.
ahahahahahahaha
@OP You got owned. How the fuck would you ever counter that? ROFL
Tulip analogy down the toilet
That tulip story have really got too much attention. It can not possibly have been the first bubble. The world is big.
It was a huge bubble for a worthless security. Nothing like Bitcoin.
That tulip story have really got too much attention. It can not possibly have been the first bubble. The world is big.
I hear this a lot
Tulips -- Ponzi -- Bitcoin
Tulips -- Ponzi -- Bitcoin
Don't forget South Seas pyramid:
And Beanie Babies:
I really don't understand the whole tulip-bitcoin parallelism.
Bitcoin is like gold, there's a limited supply.
While tulips would be like fiat, you can print (plant) more.
Bitcoin is like gold, there's a limited supply.
While tulips would be like fiat, you can print (plant) more.
How do you think all the coins came into being, if not "printing [mining] more"?
Bitcoin is being "printed" at a hefty rate of 10% extra coinz per year.
If that's not enough, Bitcoin could be forked to make *any* number of coins. No harder than [already proposed] fix for 7 transactions per second limit.
Bitcoin can be forked to X in the same way that you can fork the IP protocol with no efford.
It would destroy the network because not everyone would accept the fork and people would not be able to communicate with each other
I hear this a lot
Tulips -- Ponzi -- Bitcoin
Tulips -- Ponzi -- Bitcoin
How do you think all the coins came into being, if not "printing [mining] more"?
Bitcoin is being "printed" at a hefty rate of 10% extra coinz per year.
If that's not enough, Bitcoin could be forked to make *any* number of coins. No harder than [already proposed] fix for 7 transactions per second limit.
Bitcoin is being "printed" at a hefty rate of 10% extra coinz per year.
If that's not enough, Bitcoin could be forked to make *any* number of coins. No harder than [already proposed] fix for 7 transactions per second limit.
Now it is 'hefty' 10% inflation. In 2016 it is a 'hefty' 5%. In 2020 it is a 'hefty' 2.5%'. In 2024 it is a 'hefty' 1.25%.
Inflation wasn't a problem in 2009, nor is it a problem now. It is simply a method of coin distribution.
I could fork the bitcoin blockchain and make a maximum number of coins of 16 million instead. But as you know, no one would mine it or accept it.
If you simultaneously increased block reward, I'm sure the miners would be all over that shit
Quote
You sound like you are giving up NLC. When to buy in? Have I missed the bottom? It is probably eating you up inside because you know the moment has been and passed you by.
Not giving up as much as getting bored. The price continues to tank, you bulls have long proven yourselves utterly uneducable, & your [once funny but now simply pathetic] antics are just not worth the effort
Edit: BTW, new technology is popping up all over. SR3 is supposedly relying on "I2p anonymous network" (see Fig. 1 for implementation detail), and no longer dealing with BTC exclusively, choosing instead to go "with several altcoin currencies."
How do you think all the coins came into being, if not "printing [mining] more"?
Bitcoin is being "printed" at a hefty rate of 10% extra coinz per year.
If that's not enough, Bitcoin could be forked to make *any* number of coins. No harder than [already proposed] fix for 7 transactions per second limit.
Bitcoin is being "printed" at a hefty rate of 10% extra coinz per year.
If that's not enough, Bitcoin could be forked to make *any* number of coins. No harder than [already proposed] fix for 7 transactions per second limit.
Now it is 'hefty' 10% inflation. In 2016 it is a 'hefty' 5%. In 2020 it is a 'hefty' 2.5%'. In 2024 it is a 'hefty' 1.25%.
Inflation wasn't a problem in 2009, nor is it a problem now. It is simply a method of coin distribution.
I could fork the bitcoin blockchain and make a maximum number of coins of 16 million instead. But as you know, no one would mine it or accept it.
You sound like you are giving up NLC. When to buy in? Have I missed the bottom? It is probably eating you up inside because you know the moment has been and passed you by.
I really don't understand the whole tulip-bitcoin parallelism.
Bitcoin is like gold, there's a limited supply.
While tulips would be like fiat, you can print (plant) more.
Bitcoin is like gold, there's a limited supply.
While tulips would be like fiat, you can print (plant) more.
Sounds to me like you do understand.
I really don't understand the whole tulip-bitcoin parallelism.
Bitcoin is like gold, there's a limited supply.
While tulips would be like fiat, you can print (plant) more.
Bitcoin is like gold, there's a limited supply.
While tulips would be like fiat, you can print (plant) more.
How do you think all the coins came into being, if not "printing [mining] more"?
Bitcoin is being "printed" at a hefty rate of 10% extra coinz per year.
If that's not enough, Bitcoin could be forked to make *any* number of coins. No harder than [already proposed] fix for 7 transactions per second limit.
I really don't understand the whole tulip-bitcoin parallelism.
Bitcoin is like gold, there's a limited supply.
While tulips would be like fiat, you can print (plant) more.
Bitcoin is like gold, there's a limited supply.
While tulips would be like fiat, you can print (plant) more.
They are coping mechanists that missed the BTC boat and now that a new opportunity arises they are too scared to invest. Their copying mechanism are screaming the obligatory "omg, tulps" or "beannie babiess lol" crap.
Yeah I understand why they compare the graphs.
But it seems just dumb to compare such different assets.
Oh well, trolls gonna troll!
But it seems just dumb to compare such different assets.
Oh well, trolls gonna troll!
True... What has Bitcoin to do with flowers? There are even technicals showing that there's still hope that BTC can go back up, so does that mean a dead flower grew and rose again?
I really don't understand the whole tulip-bitcoin parallelism.
Bitcoin is like gold, there's a limited supply.
While tulips would be like fiat, you can print (plant) more.
Bitcoin is like gold, there's a limited supply.
While tulips would be like fiat, you can print (plant) more.
The beartards keep comparing Bitcoin to the great Tulip crash in the 17th century, "Tulipmania". At one point, I think you could've bought houses with Tulips.
Looks like that had a 4 year life cycle, this Bitcoin on the other hand is year 6 and growing....shit won't die.
Yeah I understand why they compare the graphs.
But it seems just dumb to compare such different assets.
Oh well, trolls gonna troll!
I really don't understand the whole tulip-bitcoin parallelism.
Bitcoin is like gold, there's a limited supply.
While tulips would be like fiat, you can print (plant) more.
Bitcoin is like gold, there's a limited supply.
While tulips would be like fiat, you can print (plant) more.
The beartards keep comparing Bitcoin to the great Tulip crash in the 17th century, "Tulipmania". At one point, I think you could've bought houses with Tulips.
Looks like that had a 4 year life cycle, this Bitcoin on the other hand is year 6 and growing....shit won't die.
I really don't understand the whole tulip-bitcoin parallelism.
Bitcoin is like gold, there's a limited supply.
While tulips would be like fiat, you can print (plant) more.
Bitcoin is like gold, there's a limited supply.
While tulips would be like fiat, you can print (plant) more.
The did offer something in their time.
LTC was the scrypt and could not be mined with ASICs -> better distribution of the mining power, not as centralized as with BTC ASIC farms.
This changed after the emerge of script ASIC miners.
And Dodgecoin was stupid, but got a lot of media attention. A lot of coins, and some charity was done with it. Nothing serious, but if you mined at the start, you could have made a hefty profit (i did, but only 2 days mining, better return rate than 6 months LTC mining).
Trading with other altcoins is just gambling without insider knowledge.
LTC was the scrypt and could not be mined with ASICs -> better distribution of the mining power, not as centralized as with BTC ASIC farms.
This changed after the emerge of script ASIC miners.
And Dodgecoin was stupid, but got a lot of media attention. A lot of coins, and some charity was done with it. Nothing serious, but if you mined at the start, you could have made a hefty profit (i did, but only 2 days mining, better return rate than 6 months LTC mining).
Trading with other altcoins is just gambling without insider knowledge.
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