josealvesjr wrote: Tulip Mania: When Tulips Cost As Much As Houses
Cryptocurrencies and especailly Bitcoin are the talk of the town of late. According to CNBC, the price of a single bitcoin "has gone up at a faster pace than any other speculative vehicle in market history, as investor enthusiasm for the new medium has reached a fever pitch."
Some have likened the Bitcoin craze to Tulip Mania, believing that the bubble is getting ready to burst.
Tulip Mania: The 17th Century Dutch Tulip & Bulb Market Bubble
That was an enjoyable read.
Tulips are my favorite flower. There are tons of varieties and assortments of mixed colors.
They're just beautiful. I don't have good luck growing them but I do have a few that come
up in the Spring. I have some fake metal ones that almost look real from a distance.
Yeah, I never got into the bitcoin thing or any other type of online fake currency. If I had
learned more about it from the get go, I probably would have invested a little.
I will just say that IF it was me and IF I had invested in bitcoin, I would pull out whatever
amount I had invested as soon as I made profit. I would then take a large portion of the
profits and buy something I could touch.....primarily being Gold or perhaps Silver or as I
had stated before Land. If you do something like that, you won't lose no matter what.
Most people tend to allow greed to get the best of them and then they do lose all profits
and whatever they invested.