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Like the Gold Rush of the 1800s, or the Tulip Mania of the 1600’s, Bitcoin’s attraction is in its tantalizing potential to fill a deep human desire: to improve our present personal situation. Like so many new innovations, though, it is largely misunderstood; we don’t even know what we don’t know about this new technology yet. With blockchain based cryptocurrency reaching an 800 billion market-cap in 2018, some investors have ‘struck oil.’ Whether Bitcoin is the next bubble to burst like “tulip mania,” .com, or housing crisis is to be determined; however, what is certain is that new legal issues are on the horizon in both the Civil and Criminal Courts. Bitcoin, according some sceptics, is “tulip mania 2.0”. Why this lasting fixation on tulip mania? It certainly makes an exciting story, one that has become a byword for insanity in the markets. One factor driving bitcoin's price higher and higher in recent weeks is the expectation that big financial players like hedge funds and asset managers are set to wade into the market. That's been supported by established exchanges in the U.S. saying they're planning to let investors trade bitcoin futures soon. The tale of the Dutch tulip craze is a cautionary one – the first example of an economic bubble. As a new exhibition of flower paintings opens in London, Alastair Sooke looks back.
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Radio Popular Songs Mix 2020 Chill Out spotify music hot mix best pop dance disco polo musicas Relax Music 2,566 watching Live now The Indian Army troops displayed their valour in a para-dropping exercise at Stakna, Leh on Friday during Defence Minister Rajnath Singh's two-day Ladakh, Jammu and Kashmir visit. The defence ... Dec 15 – Demelza Hays, a cryptocurrency researcher at Incrementum and the co-author of their inaugural Crypto Research Report, discusses comparisons between bitcoin and the 17thcentury tulip ... This video covers the accusation that Bitcoin is nothing more than a speculative bubble, and its comparison to things like "Tulip Mania." Sentdex.com Faceboo... In 1637 the price of a single lot of ten variegated leaf tulip bulbs reached that of an Amsterdam town house, the equivalent of Euro 2-3 million in today’s money. This was the era of Tulip Mania.