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War On Cryptocurrencies

War On Cryptocurrencies

Posted Jan 12, 2018 22:07 UTC (Fri) by Garak (guest, #99377)
In reply to: War On Cryptocurrencies by NAR
Parent article: Welcome to 2018

was the market cap of tulip bulbs comparative to the market cap of cryptocurrencies? If so, then yes, cause for continued skepticism factor. If not, then it's like comparing apples to oranges, or cryptocurrencies to tulip bulbs as it were.


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War On Cryptocurrencies

Posted Jan 12, 2018 22:50 UTC (Fri) by Wol (subscriber, #4433) [Link]

Dunno about the market cap, but, in modern terms just one tulip bulb could be worth about £1/4M. OUCH!!!

(Ten times the salary of a skilled worker, said salary being probably in excess of £25K.)

https://en.wikipedia.org/wiki/Tulip_mania

Cheers,
Wol


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