Sentences with phrase «of tulipmania»
That was the peak of tulipmania.»
https://www.coindesk.com/ Not exact matches
When other follies, like tulipmania or eugenics, were at their height of popular obsession, the belivers in those lost causes acted the same way when confronted with uncomfortable ideas as you do defending AGW.
However, I nixed that in favor of my second favorite passage: Ely's conclusion (also edited) where he promises that» [U.S. Dollars and Venezuelan Bolivars] and the like will quickly fade into financial history, just as tulipmania [and the German mark, the Argentinian peso and the Zimbabwean dollar] did, serving solely to remind future generations of the folly of gambling on illusions of value [like fiat currency].»
Referencing «Greater fool theory» and uttering terms like irrational or tulipmania in the context of Bitcoin's amazing run is not entirely wrong.