Quote:
Originally Posted by afc wimbledon
I should point out that tulip mania lasted over 5 years after steadily increasing a decade before that as Holland found itself flush with cash, the price of futures contracts on the bulbs reaching massive highs in the last year, dragging the price of all bulbs up with them until the whole bubble burst, the price of bitcoin has almost entirely followed the price of tulip bulbs, everything about the price of bitcoin looks and acts like a classic bubble, now that doesnt mean it is or isnt a bubble but it sure as hell looks like one.
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Keep basing your financial decisions on something that happened in the 1600s I guess. You guys were saying the same thing when I bought 10 Bitcoins for $15k.
I'm making big money no matter what, only question is how big. "Smart" money is buying Bitcoin now it's not like it's being propped up by Joe welfare check like alt coins.