There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. As for Bitcoin, it’s true tulipcoin that it doesn’t have any more intrinsic value than gold or the U.S. dollar. Some argue that Bitcoin’s technology could make it the safest database in the world.
- The biggest thing tulips and Bitcoin have in common is that they are both victims of sensational headlines that don’t necessarily reflect reality.
- There will be a small group of fans of the idea who will be obsessed with it.
- Now the stakes are higher as richer and richer entities invest money expecting more returns.
- An overview showing the statistics of TulipCoin, such as the base and quote currency, the rank, and trading volume.
- But over time given the right environment grows into the biggest story of the century.
We’ve found one company that’s positioned itself perfectly as a long-term picks-and-shovels solution for the broader crypto market — Bitcoin, Dogecoin, and all the others. In fact, you’ve probably used this company’s technology in the past few days, even if you’ve never had an account or even heard of the company before. But, as we’ll see, the myth behind the tulip bubble does not necessarily match the reality. As a result, Bitcoin may have more in common with tulips than the skeptics know.
Written by Tulipcoinfan
It is still minable with your home computer and with your unused commodity hardware PC. Again (If you don’t know what PC means, you shouldn’t be even be reading this) Again just because you mined TulipCoins, it does not mean it has any value. An overview showing the statistics of TulipCoin, such as the base and quote currency, the rank, and trading volume. Create a free account to gain access to news, analysis, and real-time alerts on the stocks you follow. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. The Ascent does not cover all offers on the market.
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Tulipmania took hold of the Netherlands in the 1600s and is widely viewed as the first financial asset bubble. A bubble is a significant increase in an asset’s price that is not reflected in its value. The price increases because people think they can sell the asset for a profit, not because it’s actually valuable. Similarly; a bubble starts with a novel idea or a technology. There will be a small group of fans of the idea who will be obsessed with it.
They attract and consume a lot of mass which is near them, and start growing in size and power. As they grow they attract and consume even more stars, which are even farther. This reaches a point when the black hole becomes so heavy and unstable that it collapses under its tremendous weight and goes supernova in which it ejects all its mass and collapses.
TulipCoin — a POW/POS version. Launched! — Curb your crypto mania
We are eternal optimists when it comes to investments, even the pessimistic ones. Our irrational optimism + crowd mania can be a recipe for disaster. Analysts are baffled with the explosive growth, but recent market surveys show no signs of the “mania” cooling off any time soon. CryptoGround.com is an independent publishing house that provides Cryptocurrency & Blockchain Technology News. It is a News Media Platform which serves its audience with accurate News and Analytical Articles. Our team is committed to providing unbiased News & Reports related to various Cryptocurrencies, Decentralized Apps, Initial Coin Offerings (ICOs) and Blockchain technology.
TulipCoin (TLP) to USD Converter/Calculator
Tulips were a luxury product that became popular with a growing middle class who could afford the finer things in life for the first time. Whether it’s tulips or lumber, any time demand outstrips supply, prices will increase. That’s why Bitcoin critics who don’t believe the cryptocurrency has any intrinsic worth compare its growth to tulipmania.
What can I do with Tulipcoins?
The total trade volume of TulipCoin in last 24 hour is around 0 USD. You can select some of above exchanges to buy TulipCoin (TLP) with USD, INR, CAD, EUR, GBP, RUB, etc. Also, you can use the same exchanges to trade TulipCoin (TLP) against cryptocurrencies like BTC, ETH, LTC, ETC, XMR, USDT, BNB, etc.
Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team. Emma owns the English-language newspaper The Bogota Post. She began her editorial career at a financial website in the U.K.
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Slowly more people get involved, either through word of mouth or from casual discussions. At the peak, buyers spent the equivalent of the cost of a house on just one bulb. According to the myth, people from all walks of life risked money they needed so they could buy bulbs in the https://cryptolisting.org/ belief they could sell them for a profit. Any bubble starts life as a harmless side distraction. But over time given the right environment grows into the biggest story of the century. From seed to burst there is a lot of things that can go wrong which can cause it to fizzle.
Our young and dynamic team is comprised of well-known journalists as well as Cryptocurrency & Blockchain Experts. No you cant exchange it for Tulips in the real world. People start investing money in the idea and see some returns (attracting mass by a nascent black hole). As the invested amount increases more people get involved and invest more money. Now the stakes are higher as richer and richer entities invest money expecting more returns. At one point more the amount of money invested is too great to sustain the idea and it gives way as a bubble burst.