Elwar
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January 11, 2015, 11:55:53 AM |
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The fact that tulips comes up so much kinda makes the case a lot less powerful considering....that is one case out of hundreds of thousands of things that have had value throughout history.
But yet, tulips...brought up...repeatedly.
Hey guys...
tulips
it happened once, it can happen again
want an example of a bubble?
hmm...tulips?
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
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NotHatinJustTrollin (OP)
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January 11, 2015, 01:35:28 PM Last edit: January 11, 2015, 01:55:23 PM by NotHatinJustTrollin |
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Some people missed buying bitcoin at $1 or $50 tulip bulbs at $20-$50, can you imagine? Jump in the train gentlemen, even if you are late! ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi58.tinypic.com%2F2djs5e1.png&t=665&c=xP0TID6C-m-7ew)
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NotHatinJustTrollin (OP)
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January 11, 2015, 01:43:52 PM |
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This is what is waiting for you friendly bitcoiners, look at the LTC chart: ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi59.tinypic.com%2F2zxwcpj.png&t=665&c=Qne4TA6SGhA-wQ) You like it? This is what will happen to your disruptive technology. You're welcome.
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DeadCoin
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January 11, 2015, 01:44:23 PM |
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why do you noobs (who always seem to have crypto all figured out already) feel the need to constantly warn us about this thing you're convinced is a pyramid scheme / scam? are they that concerned for our financial well-being that they have nothing better to do on the internet except persistently post their public service announcements that only get as imaginative as comparing bitcoins to tulips and Beanie Babies? do they also frequent the Beanie Baby forums and urge people not to buy the 2015 Tie-Die model beanie baby, because they feel it is a bad investment? why are they so hell-bent on telling us how to spend our money and rubbing our noses in it everytime crypto takes a hit?
Have you ever visited forums about religion? There are always at least 50%+ atheists. When people think (know) they have figured it out they have the urge to warn the illusioned ones and wake them up from their crazy beliefs. Why? Because it feels satisfying to speak and read what you believe is the truth.
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NotLambchop
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January 11, 2015, 01:48:36 PM |
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The fact that tulips comes up so much kinda makes the case a lot less powerful considering....that is one case out of hundreds of thousands of things that have had value throughout history. ... want an example of a bubble?
hmm...tulips?
Wait a few months. Soon Bitcoin will be the poster child for bubbles. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fs27.postimg.org%2Fgwoyhpxxv%2FCapture.jpg&t=665&c=UTCJW2_T1vGliA)
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NotHatinJustTrollin (OP)
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January 11, 2015, 01:50:11 PM |
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why do you noobs (who always seem to have crypto all figured out already) feel the need to constantly warn us about this thing you're convinced is a pyramid scheme / scam? are they that concerned for our financial well-being that they have nothing better to do on the internet except persistently post their public service announcements that only get as imaginative as comparing bitcoins to tulips and Beanie Babies? do they also frequent the Beanie Baby forums and urge people not to buy the 2015 Tie-Die model beanie baby, because they feel it is a bad investment? why are they so hell-bent on telling us how to spend our money and rubbing our noses in it everytime crypto takes a hit?
Have you ever visited forums about religion? There are always at least 50%+ atheists. When people think (know) they have figured it out they have the urge to warn the illusioned ones and wake them up from their crazy beliefs. Why? Because it feels satisfying to speak and read what you believe is the truth. With the difference that you cannot actually PROVE anything in religious debates. Atheists or christians/muslims/buddhists etc will still believe what they feel is right to believe/not believe. With bitcoin on the other hand, the crashing price is just in front of you, there's no mystery ![Cry](https://bitcointalk.org/Smileys/default/cry.gif)
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DeadCoin
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January 11, 2015, 02:22:25 PM |
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why do you noobs (who always seem to have crypto all figured out already) feel the need to constantly warn us about this thing you're convinced is a pyramid scheme / scam? are they that concerned for our financial well-being that they have nothing better to do on the internet except persistently post their public service announcements that only get as imaginative as comparing bitcoins to tulips and Beanie Babies? do they also frequent the Beanie Baby forums and urge people not to buy the 2015 Tie-Die model beanie baby, because they feel it is a bad investment? why are they so hell-bent on telling us how to spend our money and rubbing our noses in it everytime crypto takes a hit?
Have you ever visited forums about religion? There are always at least 50%+ atheists. When people think (know) they have figured it out they have the urge to warn the illusioned ones and wake them up from their crazy beliefs. Why? Because it feels satisfying to speak and read what you believe is the truth. With the difference that you cannot actually PROVE anything in religious debates. Atheists or christians/muslims/buddhists etc will still believe what they feel is right to believe/not believe. With bitcoin on the other hand, the crashing price is just in front of you, there's no mystery ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) But they still believe. Crashing price is just "manipulation" or "shaking weak hands"
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minerpumpkin
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January 11, 2015, 02:41:48 PM |
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Ah, so we're at the old tulip game again, eh? Well, it has been proven and said many times before that you simply can't compare Bitcoin to tulips - well you can, but it doesn't make a lot sense since Bitcoin's supply is limited and it has inherent value. This is getting ridiculous...
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I should have gotten into Bitcoin back in 1992...
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Richard Branson
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January 11, 2015, 02:46:47 PM |
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I am proud of myself. Bought LTC @ 40 USD Bought BTC @ 1000 USD
And still holding. I will be rich some day.
NOT! Bulltards
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minerpumpkin
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January 11, 2015, 02:48:01 PM |
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Ah, so we're at the old tulip game again, eh? Well, it has been proven and said many times before that you simply can't compare Bitcoin to tulips - well you can, but it doesn't make a lot sense since Bitcoin's supply is limited and it has inherent value. This is getting ridiculous...
it's limited so what? everyone have to use it and it has to be another bubble? it can not dropping to $0 now? sorry, the world doesn't care about bitcoin and the inflation of 3600(or 1800 or 900) btc / per day is way to high, the price will never stop dropping until it ends The supply is limited to approx. 21 million coins. You can't create more coins than that. Well you can, but they won't be valid ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Tulips, however may be reproduced as often as you like, no one can limit the supply of tulips.
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I should have gotten into Bitcoin back in 1992...
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600watt
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January 11, 2015, 02:52:35 PM |
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^^^^^
You two didn't get the point of the thread. Too bad.
thing is i will never get the point of what you guys are doing in a bitcoin forum? saving us from ourselves ? How generous, welcome to ignore anyway ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Kipsy89
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January 11, 2015, 02:52:46 PM |
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Ah, so we're at the old tulip game again, eh? Well, it has been proven and said many times before that you simply can't compare Bitcoin to tulips - well you can, but it doesn't make a lot sense since Bitcoin's supply is limited and it has inherent value. This is getting ridiculous...
it's limited so what? everyone have to use it and it has to be another bubble? it can not dropping to $0 now? sorry, the world doesn't care about bitcoin and the inflation of 3600(or 1800 or 900) btc / per day is way to high, the price will never stop dropping until it ends The supply is limited to approx. 21 million coins. You can't create more coins than that. Well you can, but they won't be valid ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Tulips, however may be reproduced as often as you like, no one can limit the supply of tulips. Ha yeah, man - A lot of people really don't get this. But when they do, they suddenly realize what this means. Over half of the coins already in circulation, a hard-cap of 21m coins. Bitcoin is inheriently deflationary, man!
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NotLambchop
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January 11, 2015, 02:57:03 PM |
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Ah, so we're at the old tulip game again, eh? Well, it has been proven and said many times before that you simply can't compare Bitcoin to tulips - well you can, but it doesn't make a lot sense since Bitcoin's supply is limited and it has inherent value. This is getting ridiculous...
it's limited so what? everyone have to use it and it has to be another bubble? it can not dropping to $0 now? sorry, the world doesn't care about bitcoin and the inflation of 3600(or 1800 or 900) btc / per day is way to high, the price will never stop dropping until it ends The supply is limited to approx. 21 million coins. You can't create more coins than that. Well you can, but they won't be valid ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Tulips, however may be reproduced as often as you like, no one can limit the supply of tulips. Ha yeah, man - A lot of people really don't get this. But when they do, they suddenly realize what this means. Over half of the coins already in circulation, a hard-cap of 21m coins. Bitcoin is inheriently deflationary, man! Nah, the supply is not limited. As we speak, hardforks are being considered by core devs. A hardfork can change maxcoin, too ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Finally, every shitcoin/clonecoin has artificially limited supply. As do Beanie Babies.
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Kipsy89
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January 11, 2015, 03:00:39 PM |
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Ah, so we're at the old tulip game again, eh? Well, it has been proven and said many times before that you simply can't compare Bitcoin to tulips - well you can, but it doesn't make a lot sense since Bitcoin's supply is limited and it has inherent value. This is getting ridiculous...
it's limited so what? everyone have to use it and it has to be another bubble? it can not dropping to $0 now? sorry, the world doesn't care about bitcoin and the inflation of 3600(or 1800 or 900) btc / per day is way to high, the price will never stop dropping until it ends The supply is limited to approx. 21 million coins. You can't create more coins than that. Well you can, but they won't be valid ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Tulips, however may be reproduced as often as you like, no one can limit the supply of tulips. Ha yeah, man - A lot of people really don't get this. But when they do, they suddenly realize what this means. Over half of the coins already in circulation, a hard-cap of 21m coins. Bitcoin is inheriently deflationary, man! Nah, the supply is not limited. As we speak, hardforks are being considered by core devs. A hardfork can change maxcoin, too ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Finally, every shitcoin/clonecoin has artificially limited supply. As do Beanie Babies. Doesn't matter. It still depends on what the majority decides to accept as "canon". If they don't want the new rules, that chain will be abandoned more or less. Also, a hard-fork means that the "balances" will be doubled/split across the new chains. The total "market cap" so to say is now distributed across two (or more) chains. Effectively no loss in value.
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NotLambchop
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
January 11, 2015, 03:12:21 PM |
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Ah, so we're at the old tulip game again, eh? Well, it has been proven and said many times before that you simply can't compare Bitcoin to tulips - well you can, but it doesn't make a lot sense since Bitcoin's supply is limited and it has inherent value. This is getting ridiculous...
it's limited so what? everyone have to use it and it has to be another bubble? it can not dropping to $0 now? sorry, the world doesn't care about bitcoin and the inflation of 3600(or 1800 or 900) btc / per day is way to high, the price will never stop dropping until it ends The supply is limited to approx. 21 million coins. You can't create more coins than that. Well you can, but they won't be valid ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Tulips, however may be reproduced as often as you like, no one can limit the supply of tulips. Ha yeah, man - A lot of people really don't get this. But when they do, they suddenly realize what this means. Over half of the coins already in circulation, a hard-cap of 21m coins. Bitcoin is inheriently deflationary, man! Nah, the supply is not limited. As we speak, hardforks are being considered by core devs. A hardfork can change maxcoin, too ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Finally, every shitcoin/clonecoin has artificially limited supply. As do Beanie Babies. Doesn't matter. It still depends on what the majority decides to accept as "canon"... By "majority," you mean the majority of mining pools. Miners would rationally vote for the fork offering them the greatest reward, miners != hodlers. What's good for a miner isn't necessarily good for a hoarder ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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HeliKopterBen
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January 11, 2015, 03:56:56 PM |
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Some folks are feeling that everybody is becoming bearish, so they think that is the best time to buy right? "Be fearful when others are greedy, and be greedy when others are fearful"? They know price crashed in the past and it quickly recovered. Dear friends of the interwebs. You know that speculative bubbles based on blind hype don't go up forever right? You know that the more they go up the more difficult it becomes to keep the Pump&Dump pyramid scheme exponential trend going right? Eventually THE bubble actually bursts and it doesn't matter anymore if price recovered from crashes and bear markets in the past. I'm sure during the tulip bubble crash, some dudes thought it was a good idea to "be greedy" when others were "fearful" and to buy somewhere during the big crash because "they had already been there" (during the mini bubble that you can see a little bit before the big pump for example). They thought they were smart. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi58.tinypic.com%2F2djs5e1.png&t=665&c=xP0TID6C-m-7ew) They went broke. I can't figure out why you would compare to 2011 and not show a chart of 2011. Trolls gotta troll I guess. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F1JDCE6X.png&t=665&c=7-8jIW1xFgR2sA)
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Counterfeit: made in imitation of something else with intent to deceive: merriam-webster
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NotHatinJustTrollin (OP)
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January 11, 2015, 03:59:51 PM |
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Some folks are feeling that everybody is becoming bearish, so they think that is the best time to buy right? "Be fearful when others are greedy, and be greedy when others are fearful"? They know price crashed in the past and it quickly recovered. Dear friends of the interwebs. You know that speculative bubbles based on blind hype don't go up forever right? You know that the more they go up the more difficult it becomes to keep the Pump&Dump pyramid scheme exponential trend going right? Eventually THE bubble actually bursts and it doesn't matter anymore if price recovered from crashes and bear markets in the past. I'm sure during the tulip bubble crash, some dudes thought it was a good idea to "be greedy" when others were "fearful" and to buy somewhere during the big crash because "they had already been there" (during the mini bubble that you can see a little bit before the big pump for example). They thought they were smart. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi58.tinypic.com%2F2djs5e1.png&t=665&c=xP0TID6C-m-7ew) They went broke. I can't figure out why you would compare to 2011 and not show a chart of 2011. Trolls gotta troll I guess. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F1JDCE6X.png&t=665&c=7-8jIW1xFgR2sA) You didn't read, did ya? You know that speculative bubbles based on blind hype don't go up forever right? You know that the more they go up the more difficult it becomes to keep the Pump&Dump pyramid scheme exponential trend going right? Eventually THE bubble actually bursts and it doesn't matter anymore if price recovered from crashes and bear markets in the past.
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HeliKopterBen
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January 11, 2015, 04:10:36 PM |
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You know that speculative bubbles based on blind hype don't go up forever right? You know that the more they go up the more difficult it becomes to keep the Pump&Dump pyramid scheme exponential trend going right? Eventually THE bubble actually bursts and it doesn't matter anymore if price recovered from crashes and bear markets in the past.
Again. Why compare to 2011 and not show a chart of 2011? Trolls gotta troll.
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Counterfeit: made in imitation of something else with intent to deceive: merriam-webster
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NotHatinJustTrollin (OP)
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January 11, 2015, 04:13:20 PM |
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You know that speculative bubbles based on blind hype don't go up forever right? You know that the more they go up the more difficult it becomes to keep the Pump&Dump pyramid scheme exponential trend going right? Eventually THE bubble actually bursts and it doesn't matter anymore if price recovered from crashes and bear markets in the past.
Again. Why compare to 2011 and not show a chart of 2011? Trolls gotta troll. Because in the all time chart you cannot see the 2011 pump even if you take the mtgox chart (which gives you an indication of how easier it was to pump&dump back then)? Go on now, keep thinking that speculative bubbles go up forever.
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Richard Branson
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January 11, 2015, 04:14:04 PM |
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Again. Why compare to 2011 and not show a chart of 2011? Trolls gotta troll.
No offense, but are you really that dumb? You should not be allow to surf the Internet without supervision. Reading and understanding has to be really hard for you.
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