Post
Topic
Board Speculation
Re: Bitcoin in freefall... Too bad for those people who bought over 100$! hahaha
by
BlindMayorBitcorn
on 19/12/2014, 02:00:59 UTC
Soon the great btc tulip mania is over  Smiley Bitcoin going under 100$ and never going back up where it was  Smiley
Leaving believers to believe, traders, investors and corporations moving on  Smiley

Under $100? I can't wait!!!

Why do people compare Bitcoin with the tulip mania over and over again?

Can't you think of something else?

I wonder too (about the tulip mania comparison).  Over the years I have noticed this forum displays a vast range of IQs.  Bitcoin has few similarities with tulip bulb mania.  It is also not a Ponzi scheme and never will be.  Depending on how things end, there may be "bag holders" but that does not make it a Ponzi or Tulip and the bag holders are more likely the aforementioned for reasons other than the brilliant and sound invention we call bitcoin.  

Odd how the simple folk fixate/perseverate on a single similarity and make up their minds (e.g. rhinos are gray; this elephant is gray.  This elephant must be a rhino).

The bubble comparison is very relevant. 2014 is ending and BTC under-performed every asset class in town. Even the Argentine Peso. It's memorable