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Strategies & Market Trends : Bitcoin

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To: Elsewhere who wrote (863)	4/30/2021 1:05:58 PM
From: Doren	Read Replies (1) of 963

> There Never Was a Real Tulip Fever The article you posted says there was: "That’s not to say that everything about the story is wrong; merchants really did engage in a frantic tulip trade, and they paid incredibly high prices for some bulbs. And when a number of buyers announced they couldn’t pay the high price previously agreed upon, the market did fall apart and cause a small crisis—but only because it undermined social expectations." It just says unnamed sources exaggerated it. That doesn't mean it didn't happen. ------ The second link says this: "Tulip mania was irrational, the story goes. Tulip mania was a frenzy. Everyone in the Netherlands was involved, from chimney-sweeps to aristocrats." I've never heard that... "the story goes" and it doesn't mean there wasn't a tulip bubble. Of course there was. ------ > For Bitcoin to be replaced some kind of breakthrough in physics would be necessary. Never said it would be "replaced"... I said that the market will eventually be flooded. In fact there will be superior types of bitcoins.

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