One of the most famous market bubbles and the predecessor of today’s Bitcoin where the prices of tulip bulbs were driven to extremes by speculators, and then dramatically collapsed in February 1637.
One of the most famous market bubbles and the predecessor of today’s Bitcoin where the prices of tulip bulbs were driven to extremes by speculators, and then dramatically collapsed in February 1637.
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An historical lesson for all gamblers in the cryptocurrency fake markets.
Virtually all popular NASDAQ stocks in the market today … especially the FANG (Facebook, Amazon, Netflix, Google).
The prime example of the greater fool theory where speculators keep buying the same asset at higher prices in the hope that eventually some greater fool will be willing to buy the asset at even higher prices from them.