Sentences with phrase «dutch tulip bubble»

That being said, I do not like Bitcoin because I believe this pseudo-currency is replicating the Dutch tulip bubble that finally popped in 1637.

I would be fascinated to hear of any economic models that are capable of doing this — e.g by replicating the great depression, the Dutch tulip bubble or the impacts on each national economy of the abolition of slavery.

Not exact matches

The current craze for bitcoin, and cryptocurrencies in general, have been likened by some to the 17th century Dutch tulip mania and more recently the dotcom bubble.

Bubbles from the past include the Dutch tulip bulb crash of 1637 and the dot.com tech stock meltdown in 2000 when millions of dollars was invested in new internet companies, many of which later collapsed.

Needless to say, I become very uncomfortable anytime I hear the phrase «this time is different,» as we can be sure that participants in every bubble have believed the same, both before and after the Dutch speculators who hoarded tulip bulbs.

From Dutch tulip mania in the 1630s to the Icelandic boom and burst of the early 2000s, the history of financial market bubbles has been long and inglorious.

**** STT has pointed out just a few times that the wind industry is little more than the most recent and elaborate Ponzi scheme in a list that dates back to «corporate investment classics», like the South - Sea Bubble and Dutch tulip mania.

You know, as in the historic collapse of the Dutch economy in the 1630's due to the tulip price bubble.

Goldman Sachs has claimed that bitcoin is a bubble bigger than the dot - com era and the famous Dutch tulip mania.

Lubin argued the cryptocurrency bubble is fundamentally different from the American housing market crash of 2008 and Dutch tulip mania in the 17th century, to which the bitcoin gold rush has been compared.

The People's Daily then compares the cryptocurrency to the Dutch tulip bulb bubble, implying bitcoin's bubble will burst once governments around the world start regulating it.

The People's Daily, the official newspaper of the Chinese Communist Party and the biggest newspaper group in China, recently published a piece calling bitcoin a bubble, and comparing the cryptocurrency to the 17th - century Dutch tulip bulb bubble., just like JP Morgan's Jamie Dimon did.

I clearly stated in that publication that I believed Bitcoin was in a bubble that was replicating the Dutch tulip craze of 1637, and all the other price bubbles that followed it.

Additionally, while the comparisons with other bubbles (the tulip bubble of Dutch fame, or the land bubble in the mid 19th century) the underlying Blockchain technology provides a basis for value in the Bitcoin ecosystem that is maintained by the consensus of the majority.