Tulip fever is still remembered as a parable about the evils of capitalism and mass hysteria, but what really happened? Asks Eliot Wilson It is one of those half-remembered, quarter-understood facts ...
“Back in the 1600’s, the Dutch got speculations fever—to the point where you could buy a beautiful house by the canal in Amsterdam for the price of one bulb. They called it tulipmania.” Gekko reminds ...
In the 17th century, tulip mania took over Dutch society, and speculators paid dearly for it. Michael Burry believes Bitcoin is a modern-day version of tulip mania. Speculating rather than investing ...
Tulipmania gripped the Netherlands in the 1600s as the price of tulip bulbs skyrocketed. Bitcoin has been compared to tulipmania. When the tulip bubble collapsed, much of the Dutch economy was ...
Nassim Nicholas Taleb says Bitcoin is like the 17th century bubble that saw the price of tulip bulbs skyrocket before crashing. The cryptocurrency is a tulip bubble without aesthetics and disguised as ...
During the dot.com bubble and its collapse, economists and historians increased their study of market crazes of the past, particularly the most ludicrous one of all: the 17 th-century Dutch flower ...
The tulip bubble is the quintessential bubble. If you want to call something a bubble, just mutter something about tulips, and everybody will know what you're arguing. But what was the tulip bubble, ...
"Bitcoin is not a bubble, albeit it has all the hallmarks and antecedents that are the precursor to a bubble," Ben Davies, co-founder of Glint, told CNBC. Alternative cryptocurrencies mirror 17th ...