Post
Topic
Board Bitcoin Discussion
Re: Can we compare Bitcoin with tulips?
by
doolittle
on 06/07/2018, 11:59:22 UTC
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.