Post
Topic
Board Economics
Re: Tulip Mania 2.0
by
hello_good_sir
on 22/09/2021, 21:48:22 UTC
There are many nocoiners that claim that Bitcoin is “Tulip Mania 2.0”, but it has been 10 years. How long must the protocol keep running before the rest of the world accepts that Bitcoin is not going anywhere. In fact, it opened a Pandora’s Box of new possbilities. BUT, I believe the next “Tulip Mania” for this bull cycle are, NFTs.

NFTs are the ICOs of this bull run.

There are simply way too many projects that can be created for virtually no cost for the current price tags on these things.

The people who have levered up to "flip" NFTs as a lifestyle will see their capital get wiped away fairly quickly when things go south in my opinion. It is truly a mania right now.