[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 102 KB, 1067x1190, SDZ2Y8O.jpg [View same] [iqdb] [saucenao] [google]
4920757 No.4920757 [Reply] [Original]

people who think tulip mania is an appropriate analogy for bitcoin

>> No.4920776

>>4920757
they don't know what else to compare it to, it helps them rationalize not having any btc.

>> No.4920815
File: 178 KB, 207x291, 1461729766522.png [View same] [iqdb] [saucenao] [google]
4920815

>>4920757
didn't know tulips grew from a block chain

did the dutch use ChainLink to integrate existing tulip data into block chains?

>> No.4920875

>>4920757
As far as I'm concerned its dead cat flubber.
>"Ermergerd!!! Erts erver!!!"
Bounces back.

>> No.4920876

>>4920815
They were going to but the mainnet wasn't ready in time.

>> No.4920888

>>4920757
Tulip mania didn't exist, and even if it did, you can't compare tulips to digital ledgers in electronic coin form that can be sent anywhere around the world at the press of a button.

Crypto can go either way.

>> No.4921030
File: 40 KB, 645x729, 1491606274313.png [View same] [iqdb] [saucenao] [google]
4921030

>>4920815
>>4920876
>>4920888
Yes, you are more clever than everyone comparing modern technology to market developments from the seventeenth century, not understanding that the underlying human psychology is constant. Crops are irrelevant now so why would those stupid dutch trade them???

>> No.4921048

>>4920888
>>4919112
kek

>> No.4921064

>>4920757
give me a reason why btc is the best crypto at this moment and if you think it is, given that technology is open source what makes you think that a new "better" bitcoin wont just come up and make bitcoin worthless?

>> No.4921138

>>4921030

>Human psychology is single-faceted and static even when presented against widely varying factors

There are some real brainlets on this board.

>> No.4921375
File: 249 KB, 600x765, 1512804115579.jpg [View same] [iqdb] [saucenao] [google]
4921375

Coinbase:
"Invite a friend who buys or sells $100 of digital currency or more, and you'll both earn $10 of free bitcoin!"

https://www.coinbase.com/join/5a23528050932b02fec41643

Binance referral code:
11593719

>> No.4921405

>>4921030

If you actually read about blockchain technology and what has been driving the growth in value you would realize that it's a moronic comparison.

Rather than just looking at two charts that look kind of the same.

>> No.4921443

>>4921064
Don't care. It's volatile with high peaks and dips. That's all that matters.
I don't know anything about crypto, and barely managed to open a coinbase account three years ago.
Now this is what I do for a living.

>> No.4921446

>>4921030
just the fact that bitcoin is already known globally makes it different from tulips

>> No.4922126

>>4921443
thats great, but the whole thing is a bubble, can't be denied.
if you can make money while people are hyped with bitcoin great, but dont give me bullshit that bitcoin is the future, it just isnt

>> No.4922178

>>4921138
Who are you quoting?

>> No.4922288
File: 58 KB, 645x729, 1493234489892.png [View same] [iqdb] [saucenao] [google]
4922288

>>4920757
>people who don't know any other market bubble and just reference the first one that they read about on wikipedia/their intro economics class they took at community college
>not even the dot com bubble which is at least somewhat comparable