Quote from: QuynhVu2302 on June 26, 2018, 03:38:47 AM

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.

In my own opinion, tulip was a phenomenon during the Dutch age wherein the price of tulip suddenly increased so much and then it suddenly collapsed. But there is no comparison between tulip with cryptocurrency. Cryptocurrency is a decentralized virtual coin with blockchain system which often undergoes fluctuations of price. So I think, there are no relationship between the two, though they are both not existing.