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Author Topic: Can we compare Bitcoin with tulips?  (Read 622 times)
QuynhVu2302 (OP)
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June 26, 2018, 03:38:47 AM
 #1

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.
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June 28, 2018, 12:00:41 AM
 #2

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.
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June 28, 2018, 12:08:40 AM
 #3

in a certain sense yes...
the tulips bubble was much bigger than Bitcoin bubble.
because yes guys! going from 20k to 6k is just few months means we were in a bubble.
but bitcoin is a technological advance, tulips were tulips and remain tulips...
Bitcoin will recover to its previous ATH. Tulips will never recover their ATH.
so don't worry too much about it. It always happens with new technological things like internet and bitcoin.
so, it's better compare BTC to dot.com bubble instead of tulips bubble.
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June 28, 2018, 01:00:02 AM
 #4

I honestly would not compare the bitcoins with any crypto currency, especially with tulips, because how one can compare the best and successful crypto currency, it does not lend itself to comparison simply because it's the best and everything!
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June 28, 2018, 05:16:23 AM
 #5

No I don't compare bitcoin with tulips since I have made a good amount of profit from here. Even I have seen how people are still generating profit. So there is actually no way to compare it with anything.
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June 28, 2018, 06:17:52 AM
 #6

As more and more crypto currencies are evolving rapidly a lot of standard coins have been produced so far. Tulip is one of them. But obviously it can't be compared with the bitcoin.
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June 28, 2018, 06:21:15 AM
 #7

I think, comparing crypto with previous experiences (gold, tulips, stocks market) is not a good thing. Previous experiences can not decide for the future, history is not a circle. It is maybe good to detect pattern on crypto (Like waves) but comparing to stritly others things is not relevant, everything is different and each bubble has his own rules...
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June 28, 2018, 06:39:20 AM
 #8

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.

BTC wont also last long. So yes, there are similarities.
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June 28, 2018, 07:12:47 AM
 #9

It think what happened witg the tulip stuff in the history is somwhat similar to what is happening with bitcoin nowadays. But i think it is normal to hold or hide your bitcoin because that is how it works, you let others do the market stuff you wait. Just my opinion.

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June 28, 2018, 12:24:43 PM
 #10

Tulip phenomenon was a phenomenon during the Dutch age when the price of tulip suddenly increased so much and then it collapsed so suddenly. But there is no comparison of tulip with cryptocurrency. Cryptocurrency is a decentralized virtual coin with blockchain system which often undergoes fluctuations of price.
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June 28, 2018, 12:28:26 PM
 #11

I think we should not compare bitcoin into tulip. Because they are different. I know many people think that bitcoin is also a bubble. But if bitcoin is a bubble. I think bitcoin i dead by the day.

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June 28, 2018, 12:28:54 PM
 #12

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.

You made a good analysis. That's a very weird comparison.
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June 28, 2018, 02:02:25 PM
 #13

the truth is that there are people who believe that yet and that was an eighteenth century swindler is not comparable to the critics never and in the eighteenth century it happened that because there was no audit and printed and printed shares and sold those flowers as a active which was not only was a live that deceived many people at least in crypto you enter and can leave instantly if you want is not required that you have for a long time is changeable instantly

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June 28, 2018, 07:13:31 PM
 #14

I think we cannot compare crypto with tulips. Crypto do long last, it is used for transactions, it is well programmed and it is the future money.
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June 28, 2018, 08:34:55 PM
 #15

It's just two incomparable things. Tulips are just things that look nice and didn't have any sort of utility within the economy, while bitcoin is an actual currency that can be used and bring benefit to many people.

I understand that people are trying to look at bitcoin in the same light as tulips due to its 2017 bull market and whatnot, but it's just completely different.

Bitcoin can be much better compared to gold. Gold has its bull and bear markets, so does bitcoin. Both of them are useful forms of currency, bitcoin more so than gold. That's where their fundamental value comes from. Tulips do not perform the role of anything. Besides, the supply can be easily manipulated, while there is a limited supply with BTC.

Smiley
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June 29, 2018, 09:36:40 AM
 #16

The records are tulips are not as vast as the records or the documentations of bitcoins. Tulips are quite common and is not an everlasting thing as opposed to bitcoins. And most importantly, they cannot be used for exchanges like bitcoins. So it is a big no that tulips and bitcoins are not the same.
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June 29, 2018, 09:59:17 AM
 #17

whenever people fail to understand something they try to compare it with other things they know of so that they can explain the unexplainable! and in bitcoin world things like this that have a negative aspect to them tend to be spread fast and easy on the internet because people love FUD.
the fact is there is not a single thing that bitcoin shares with Tulips and that bubble but when you hear bubble (even if you google it) you find bitcoin bubble and Tulips!

if you look past the nonsense and look what is happening in the market you can understand why comparisons like this exist.

Only Bitcoin
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June 29, 2018, 10:08:55 AM
 #18

in my opinion, bitcoin should not be compared to tulips, obviously different, because bitcoin is one of the cleanest options to invest, and bitcoin is positioned at number 1 in the market.
thanks Smiley
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June 29, 2018, 10:11:08 AM
 #19

The massive hysteria that was present in the tulip mania could be compared to what has happened with bitcoin in its previous run to ATH, and people fail to realize that bitcoin and tulips are entirely different things. On the case of both, they just look at how the boom formed and blew off, but for bitcoin, it has been too many blow offs yet the market is still alive, pointing that bitcoin isn't really that easy to delete no matter how many pumps and dumps appear in its market. It can be utilized greatly, unlike tulips which literally were used as ornaments and fake medicines during its hype.

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June 29, 2018, 10:23:52 AM
 #20

They compared the tulips with the most comparing market sentiment, the new and those with weak knowledge often followed the crowd and had psychological panic when the market went down.
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June 29, 2018, 10:43:25 AM
 #21

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.

I think the comparison arises when tulip prices started to rise similar to what we have seen in bitcoin. However, the problem is that all people can just grow tulip in their backyard causing the dramatic fall. For bitcoin though, yes the price fall from $19K to $6K, but it doesn't mean that we can't bounce back, because the supply is limited, unlike tulip wherein anyone can have it by just growing in their own back yard very easily.

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June 29, 2018, 10:49:21 AM
 #22

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.

You should already know the difference between Bitcoin with Tulips, so you will not compare Bitcoin with Tulips.
Of course Tulips has many flaws compared to Bitcoin. Tulips is a failed product, which we can not use, so Tulips is now dead and not used by others anymore.
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June 29, 2018, 10:55:01 AM
 #23

It's just two incomparable things. Tulips are just things that look nice and didn't have any sort of utility within the economy, while bitcoin is an actual currency that can be used and bring benefit to many people.

I understand that people are trying to look at bitcoin in the same light as tulips due to its 2017 bull market and whatnot, but it's just completely different.

Bitcoin can be much better compared to gold. Gold has its bull and bear markets, so does bitcoin. Both of them are useful forms of currency, bitcoin more so than gold. That's where their fundamental value comes from. Tulips do not perform the role of anything. Besides, the supply can be easily manipulated, while there is a limited supply with BTC.

That's Tulips, it's worth it Tulips died because it is useless and can be dangerous for investors. different with Bitcoin many investors who invest money to Bitcoin, its users were not made anxious and always given ease in using it. More useful Bitcoin than Tulips
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July 02, 2018, 05:43:50 PM
 #24

It is not possible to compare the tulip bubble with the Bitcoin bubble, because the fact that Bitcoin has been able to recover from many price rises of many markets, despite the anticipation of Bitcoin's non-supporters that the price will be go back.  Moreover, what critics do not acknowledge is that electronic money has a myriad of uses, and more and more. On tulips, it can only be used in some cases and is clearly defined, and the use of tulips is not a cause for its rapid increase. In contrast to Tulips, adoption of Bitcoin is a global phenomenon driven by true revolutionary technology.
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July 02, 2018, 06:06:09 PM
 #25

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.



This is a fun read. Even though this is a bit old, still is very interesting.

https://www.cnbc.com/2017/12/07/bitcoin-has-gone-beyond-the-absurdity-of-tulip-bulb-mania-dennis-gartman.html
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July 02, 2018, 06:35:28 PM
 #26

Tulip and Bitcoin bubble are two different cases although they have the inflated price in common. Tulip doesn't bring as much advantages as Bitcoin does. Bitcoin has by far more applications and is much more sophisticated. Thus, bitcoin are of high potential compared to the other. Accordingly, Bitcoin is more likely to recover while Tulip will never.
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July 02, 2018, 06:42:32 PM
 #27

The whole Tulip bulb thing was a Urban legend and something that was conjured up and hyped up by the media. It was never

as big as was published in the media. Yes, it did collapse and people lost money on a commodity that was clearly over valued,

but how did that commodity change the world? How disruptive was that to other industries? Bitcoin has many uses and it can

function as a cheaper alternative to the current financial instruments, which makes it ground-breaking and also disruptive.

This is what puts it in a whole other league than other commodities.  Grin

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July 02, 2018, 11:40:35 PM
 #28

Yes you are right. Bitcoin is way different from tulip. Comparing it with tulip is a age old concept and during that time maybe it was applicable. But for now such comparison is really invalid.
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July 05, 2018, 03:22:40 PM
 #29

My answer is definitely "no, we can't". Bitcoin operates by Blockchain - the future technology, meaning that it's constantly developed and of high utilities. It has potential ability to change the world. Thus, it is likely to go up again. At the same time, tulip never changed itself and actually, it has neither high utilities nor missions to change the world. Therefore, once its price plummted, the chance the price regained was zero.
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July 05, 2018, 03:54:58 PM
 #30

for me bitcoin can not be compare with other coins, they can only increase in value base on the project which they are embarking on. since i was introduced to the crypto world i have not seen any project which coin has been compare with that of the Bitcoin, even Eth itself can not have such dream, except it is in years to come.
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July 05, 2018, 04:26:25 PM
 #31

What's want compared between bitcoin with tulips like? If talk about investation and bubble of Bitcoin, it's the same as tulips. Speculation of investment products is no longer supported intrinsic value. Brokers and fund managers remind customers and the public about the intrinsic value of Bitcoin. If we buy gold, the price of gold will be supported by the intrinsic value obtained from the production cost of mining gold ore, until it is processed into pure gold metal.
Likewise with silver and other commodities. Conversely Bitcoin is just a "ledger" in computer algorithm block chains. So difficult to accept the mind of someone, who dared to buy 1 piece of Bitcoin for 11,925 USD.

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July 05, 2018, 04:39:07 PM
 #32

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.
I think sa similarity of bitcoin to tulips at the old times is because their both investments. But the nature of each of this investment is very dissimilar and wheb we compare we should compare apple to apple if not then i think there is no need to compare at all.
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July 05, 2018, 04:46:52 PM
 #33

I think that there is no sense in such comparisons because btc is the best one ever being the most reliable coin compared to others. It has a good reputation due to the smart technology it is based on. I think tulip is risky
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July 05, 2018, 04:48:32 PM
 #34

For me we can't compare bitcoin with tulips. There are far different in both parties. And actually bitcoin is really have big different from tulips whether we like it or not. Although good to invest but still not compatible to compare.
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July 06, 2018, 11:59:22 AM
 #35

in a certain sense yes...
the tulips bubble was much bigger than Bitcoin bubble.
because yes guys! going from 20k to 6k is just few months means we were in a bubble.
but bitcoin is a technological advance, tulips were tulips and remain tulips...
Bitcoin will recover to its previous ATH. Tulips will never recover their ATH.
so don't worry too much about it. It always happens with new technological things like internet and bitcoin.
so, it's better compare BTC to dot.com bubble instead of tulips bubble.

I would also agree With your point of view that Bitcoin is a coin that is based on speculation in a high degree of risk that can all resemble a soap bubble. The system of the market currency based on an artificial increase in the price of bitcoin. Many exchanges use bots that are known to exhibit the necessary orders for sale and purchase, thus increases the currency's rise or fall.
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July 06, 2018, 03:59:49 PM
 #36

Yes, Bitcoin itself has two core uses: as a transaction currency used to purchase or accept payment and store value.
Looking back on tulip bubbles, tulips are used similarly to a currency and are a valuable hoarding asset but their value is extremely fast and evaporates as fast.
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July 06, 2018, 04:16:57 PM
 #37

Tulipmania is a typical example of a price bubble, and critics have been constantly referring to the Bitcoin bubble for many years. With Bitcoin's long and vicious downturn since its peak in December 2017, many have argued that Bitcoin is the next generation of Tulip bubbles.
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July 06, 2018, 04:41:11 PM
 #38

Yes, Bitcoin itself has two core uses: as a transaction currency used to purchase or accept payment and store value.
Looking back on tulip bubbles, tulips are used similarly to a currency and are a valuable hoarding asset but their value is extremely fast and evaporates as fast.

Bitcoin is much more than just a transactional currency and a store of value. Bitcoin is a network. The more participants in the network the higher the price. This is known as the network effect. Bitcoin and tulips cannot be compared at all. Might as well be comparing Tulips and the internet. There is no value on the internet until Bitcoin came to fruition. For the first time value can literally be stored on the internet. This is a huge deal, tulips are just tulips and that's it.
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July 06, 2018, 05:20:51 PM
 #39

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.



We cannot really control what people will say about bitcoin. Good or bad, we can never tell as we are all entitled for our own opinion.
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July 06, 2018, 08:47:44 PM
 #40

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.
Lol. Dude seriously? Do you even know what the original post is talking about? Actually do you even know what you are saying? What tulip coin are you talking about? You sounded more hilarious when you said "this coin is very risky for invest". Dude, op is actually talking about tulip mania which took place back in 1636. Due do some craze the prices of tulip when extremely high and then it crashed very badly at the ending of 1637. But to be honest, the real tulip mania actually looked nothing like the last years bitcoin price. Just do  a deep research and you will know what i meant.

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July 08, 2018, 08:51:21 AM
 #41

How that is possible. It is too hard to compare. Tulip is flower and it blooms at morning and soon at the end of the day it blast off. Bitcoin is not like that. It is to last long and it does not bloom at morning and blast off soon.
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July 08, 2018, 09:27:51 AM
 #42

I came across this comment while watching the video Biggest bubble in history: What you need to know about bitcoin. The guy just nailed it.
Quote
Sorcerer Prince
Isn't Fiat paper money the biggest bubble in history? Considering it's not backed by gold or any property and it can be printed ...I would say Bitcoin is Fiat currency 2.0 the only difference is that Bitcoin can't ever become a bigger bubble than paper money due to its limited supply of coins Source

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July 21, 2018, 08:50:49 AM
 #43

Tulip mania was not provided with anything, it was provided only with excitement around it, no more. with cryptocurrency it has nothing to do
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July 22, 2018, 11:23:34 PM
 #44

I agree with you all 100 percent. It is impossible to compare bitcoin with tulpanomania. I get the impression that people just want to find any reason why bitcoin is bad.
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July 23, 2018, 01:34:13 AM
 #45

Because there're some similarities between Bitcoin and tulips. The price of both is unstable and they have a universal value in use
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July 23, 2018, 01:37:41 AM
 #46

Because both of them are really famous. People write and discuss a lot about it a lot in social media
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July 23, 2018, 01:42:51 AM
 #47

it is true that it can not be compared with tulips, I think bitcoin bubbles will make the bitcoin price will rise even though it will eventually come down again.
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July 23, 2018, 01:54:07 AM
 #48

the people that compare bitcoin with a tulips is the people that dont like the bitcoin, they dont want to bitcoin is more popular than know, so they make some issues by comparing bitcoin with bad things, if we are the bitcoin holder and believe in bitocin its okay we still use the bitcoin, butwhat happen with they that believee their story? i think they will quit because of that

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July 23, 2018, 02:21:52 AM
 #49

a wrong comparison because two different it is different. you should be between the different aspect different to look different different
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July 23, 2018, 02:52:41 AM
 #50

we can not prevent or instruct the believer in bitcoin, so we who still hope or believe in bitcoin do not need to ignore the poor comparison of bitcoin continuity.
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July 23, 2018, 02:59:09 AM
 #51

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.
Where the hell did you learn about this comparison?for years in crypto i never heard something like what you have said,isn't it that youre the only one whos comparing this?stop story telling buds because this is not kindergarten school that will buy your Cinderella stories


Crypto is not a bubble,yeah theres some pumps happen but this is just part of the investing strategies and nothing to be alarmed
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July 23, 2018, 03:03:48 AM
 #52

Just because tulips is the same as Bitcoin in some field. It doesn't mean that we can compare Btc and tulips. Bitcoins, on the other hand, are easy to divide, imperishable, transportable and scarcer than tulips.
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July 23, 2018, 03:30:35 AM
 #53

The whole bitcoin is a bubble have been discussed so extensively in the past that it became boring now. Bitcoin cannot be a bubble if only a few people knows about it--only a small percentage in the world knows about it.
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July 23, 2018, 04:03:51 AM
 #54

That comparison were only executed out in order create massive fud in bitcoin as a form of price manipulation as well by greedy people behind that news. Look at what bitcoin price now, even though if fall for a while somehow it counters back, we see it normal if we knew how fluctuations works in the market. NO bubble in bitcoin, volumes & numbers are real!
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July 23, 2018, 12:41:48 PM
 #55

No never we can't compare bitcoin with tulip because bitcoin is a best cryptocurrency and spreading in world very fast also many investors are making profit and this currency have very strong future so tulip never stand against bitcoin and comparison is not impossible with world's best Digital currency.
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July 23, 2018, 12:44:28 PM
 #56

I really want to know more about these coins. Where can Ifind out?
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July 23, 2018, 12:50:55 PM
 #57

It's very annoying when I hear people compare tulips to bitcoin, they are completely different.  Tulips had no actual function or use.  It's just one of those things said by mega fuders and anti bitcoiners.
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July 23, 2018, 12:55:22 PM
 #58

Tulip mania has its reputation to thank from a gross misrepresentation. Yes, some people lost money over it, but they were essentially trading technology condensed in tulip bulb. It powers a billion dollar industry in The Netherlands to this day. Let them think about that.
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July 23, 2018, 01:06:47 PM
 #59

It is not correct to compare Bitcoins with tulips. Bitcoin is an advanced technology and a huge community.
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July 23, 2018, 01:43:30 PM
 #60

no, because the difference is so far because bitcoin is a decentralized virtual currency, bitcoin is also well known and its reach is very wide, bitcoin is also a real currency that has many benefits. whereas tulips do not have it all.

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July 23, 2018, 01:47:20 PM
 #61

Tulips doesn't have any effect in the economy and financial system of the world while bitcoin, a digital currency, a digital asset that can bring profit to people. A very weird comparison in my opinion
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July 23, 2018, 06:29:06 PM
 #62

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.
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July 24, 2018, 08:03:14 PM
 #63

some compare it with tulips and the other optimistic people with the internet and rise of smartphones, in my opinion both comparisons are wrong as btc is an innovation and have its own path whether it succeeds or not.
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July 24, 2018, 08:27:12 PM
 #64

Who can share more lights on what exactly is tulips. What's all about, with correlation does it have with bitcoin and cryptocurrency as a whole.
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July 24, 2018, 08:42:23 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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July 24, 2018, 08:45:54 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.?
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July 25, 2018, 02:04:22 PM
 #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

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July 30, 2018, 06:34:01 AM
 #68

I think this comparison is like those who do not understand the technology. and here the decaying plant and eternal technology?
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August 03, 2018, 08:40:17 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.

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August 03, 2018, 08:54:52 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
 
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August 03, 2018, 08:59:52 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.
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August 03, 2018, 09:09:11 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
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August 04, 2018, 02:58:10 AM
 #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.
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August 04, 2018, 03:14:18 AM
 #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. 
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August 04, 2018, 06:56:17 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.

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August 04, 2018, 11:49:47 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.
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August 05, 2018, 12:11:26 AM
 #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
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August 05, 2018, 12:15:03 AM
 #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
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August 05, 2018, 12:33:33 AM
 #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.
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August 05, 2018, 12:55:11 AM
 #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.
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August 05, 2018, 09:14:13 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
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