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The best reference of the Tulip bubble I heard on business news was a guy saying, "Bitcoin is giving tulips a bad name"

Just goes to show how crazy a ride bitcoin has had in historic terms. https://www.marketwatch.com/story/why-bitcoin-is-now-the-big...



That chart is wrong, it says bitcoin appreciated 60 times (since 2014).

If you start counting from the first available public prices ($0.1), it's 200,000 times apreciations. If you start from the price when the first articles about it appeared on HN ($1), it appreciated 20,000 times.


"Eschew flamebait. Don't introduce flamewar topics unless you have something genuinely new to say. Avoid unrelated controversies and generic tangents." The interesting thing here is the history of the tulip bubble, not another Bitcoin war.

https://news.ycombinator.com/newsguidelines.html


Wasn't trying to flame up anything. The article mentions “And in 2019, when you hear people complaining about Bitcoin and warning about it, what you are hearing are the voices of people in 1637 saying: you shouldn’t be involved in this trade. You’re the wrong person, you don’t know enough.”

Was just adding other similar references I had heard before. I'm new to HN, are there a list of flamewar topics I can look up for next time?




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