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Author Topic: Can we compare Bitcoin with tulips?  (Read 333 times)
NelfiNovita
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July 23, 2018, 01:43:30 PM
 #61

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
 #62

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
 #63

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
 #64

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
 #65

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
 #66

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
 #67

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
 #68

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
 #69

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
 #70

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
 #71

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
 #72

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
 #73

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 03, 2018, 09:11:15 PM
 #74

No we can't compare bitcoin to the tulip bulb, the one person that did a few months back - Jamie Damon- ended up buying some bitcoin himself
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August 03, 2018, 09:15:58 PM
 #75

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.
'Tulip bulb' is used figuratively to describe a market or goods that is a bubble. Once upon a time, a tulip bulb (flower) was worth than a man's one year income but later crashed and became worthless.
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August 04, 2018, 02:58:10 AM
 #76

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
 #77

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
 #78

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
 #79

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
 #80

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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