Discussion in 'The Tavern' started by Paul Bellow, Dec 9, 2017.
That's a tulip, by the way.
I knew that...It's always best to get in on the craze around the middle, then sell to the ones who come late to the party and walk away flush. Just don't screw up the timing.
Well... someone just saw a video about the bitcoin bubble and tulip mania
lol no i knew about tulips from before.
made a bit of coin on ethereum and litecoin this year. bought some in august. just sold around half of it then days later price of both spiked
a lot of people are saying the high-end is a lot higher. winklevoss twins too. heh. funny all the way down.
i was watching bitcoin when it was at $80-120... it's gone a long way since then... I wish I had bought some at the time, but I just didn't have the money... oh well
I fricken remember that dude who bought a pizza with it. Haha. That's funny. smh
And domain names. If I'd been smarter back in the early 90's. Heh.
Hopefully net neutrality damage ain't too bad.
That's a bit like Oppenheimer saying, hopefully it'll only be a small bang.
I have become throttling, destroyer of websites.
I'm gonna miss all you American friends.
Well, then, it probably would have been a good idea to run it through Congress and get it passed, you know, like a real law instead of bragging, "I have a pen" and using a pet bureaucrat to bypass Congress and that whole Constitutional, lawmaking thing we've got.
I see it all over the place, but I have no idea what it is.... hides in her writing corner of the world most of the time....
I wish I could afford one whole bitcoin by selling everything I own, plus a kidney.
If you're going to do that, then sell your kidney for Bitcoin out on the black market. It's always better to get them right from the source than running through the moneychangers.
Also, it would be better to sell someone else's kidney.
I think Burke and Hare ltd is possibly looking for a new partner for the firm.
Didi Taihutto sold his house in the Netherlands, all his furniture, three cars, and a motorcycle. He only kept the things he truly couldn't part with: His photo albums, a few mementos, and his laptop. Together with his wife Romaine and their three children, he now lives in a tiny house on a Dutch campground not far from the German border.
The Taihuttos exchanged nearly all of their income for Bitcoins. The 39-year-old Taihutto is convinced that he'll be able to triple the family's assets through Bitcoin speculation within the next three years. But wealth isn't these two parents' only focus. Taihutto and his wife avoid, above all, things that keep them from leading their lives the way they want.
Taihutto wants to secure the livelihoods of his family as a so-called day trader—in other words, a speculator who invests in cryptocurrency with the promise of high returns within a short time. We recently spoke with him about his work and about what it means to leave everything behind as a family of five.
Late to the party, I hope they do well... but...
I don't get it. What is the point of the tulip? Is it somehow connected with bitcoins? *slowpoke*
I really dislike the whole speculation business. I know I should go live under a rock or something, but the idea of how you can use money to make more money without creating any real value for anyone doesn't sit well with me. It's just... numbers, right?
The bubble's gonna pop and people are going to get hurt.
It's a reference to the Tulip Mania of the Dutch Republic in 1637. Speculation in, of all things, tulips caused an insane market bubble. Here's a wikipedia link to it.
If I remember the history right, commodities futures were created then, when people were investing in future tulip crops. Needless to say, when the tulip bubble popped, it was ugly for anyone who had tulips and no cash.