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Author Topic: Do you believe this?  (Read 256 times)
pakhitheboss
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February 05, 2021, 04:45:27 PM
 #21

In the seventeenth century, the price of tulips skyrocketed in the Netherlands.  Then it bursts like a bubble.  Many investors lose billions of rupees.  The price of Bitcoin is also the latest example of Tulip Mania.  Many experts have said before that Bitcoin is a bubble that will soon burst and the price of Bitcoin will go down.

Why Rupees? why not guilder?

Cause Rupees is the currency of India and in Netherland the currency at that time was Guilder. Therefore how does it matter and how can you even relate it to Bitcoin?


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AakZaki
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February 05, 2021, 11:47:49 PM
 #22

Bitcoin is not the same as the Dutch Tulip and it is very different man. Bitcoin has the technology of the future that will change the way you trade, not just Dutch tulips that will wither.
The price of bitcoin will of course go down but it will also go up. Remember that Bitcoin is volatile and is not regulated by any government or authorities.
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February 06, 2021, 06:35:47 AM
 #23

Many experts have said before that Bitcoin is a bubble that will soon burst and the price of Bitcoin will go down.
These so-called experts that you are saying are the ones who are pessimistic with regards to Bitcoin.

Tulips is very different from Bitcoin. Bitcoin has gone thru many bubbles too back in the days but if you will see the long chart of it, it is going into one trend only and it is upwards. We might see Bitcoin goes down yes since it is normal but in the long run, it will just go higher and higher.

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