The Real Story of the Dutch Tulip Bubble?
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The Real Story of the Dutch Tulip Bubble?
1–10 of 43 posts
Re: The Real Story of the Dutch Tulip Bubble?
#2The best reference of the Tulip bubble I heard on business news was a guy saying, "Bitcoin is giving tulips a bad name"
Just goes to show how crazy a ride bitcoin has had in historic terms. https://www.marketwatch.com/story/why-bitcoin-is-now-the-big...
Re: The Real Story of the Dutch Tulip Bubble?
#3The best reference of the Tulip bubble I heard on business news was a guy saying, "Bitcoin is giving tulips a bad name" Just goes to show how crazy a ride bitcoin has had in historic terms. https://www.marketwatch.com/story/why-bitcoin-is-now-the-big...
"Eschew flamebait. Don't introduce flamewar topics unless you have something genuinely new to say. Avoid unrelated controversies and generic tangents." The interesting thing here is the history of the tulip bubble, not another Bitcoin war.
Re: The Real Story of the Dutch Tulip Bubble?
#4This same research was discussed in 2018: https://news.ycombinator.com/item?id=16399756
Re: The Real Story of the Dutch Tulip Bubble?
#5>“And in 2019, when you hear people complaining about Bitcoin and warning about it, what you are hearing are the voices of people in 1637 saying: you shouldn’t be involved in this trade. You’re the wrong person, you don’t know enough.”
Why would you torpedo a good article at the very end with such a stupid paragraph?
Re: The Real Story of the Dutch Tulip Bubble?
#6The tulip bubble is the worst poster child of asset bubbles and irrational exuberance
But at this point, I don't think it matters. Colloquially, saying 'tulips' gets the point across. People know that you are criticizing the exuberance or volatility of an ephemeral asset. People know what asset price distortion you are comparing it to.
Re: The Real Story of the Dutch Tulip Bubble?
#7>“And in 2019, when you hear people complaining about Bitcoin and warning about it, what you are hearing are the voices of people in 1637 saying: you shouldn’t be involved in this trade. You’re the wrong person, you don’t know enough.” Why would you torpedo a good article at the very end with such a stupid paragraph?
I had a similar qualm, but this summarizes it better: "The story of the tulip bubble boils down to a story of fools and greed, Goldgar says. And that’s why it sticks with us." There's something about reducing this to just greed. What I personally want, is a story that can contextualize that greed better, explore it more, and not just end with "that's greed for you" (paraphrasing).
Re: The Real Story of the Dutch Tulip Bubble?
#8>“And in 2019, when you hear people complaining about Bitcoin and warning about it, what you are hearing are the voices of people in 1637 saying: you shouldn’t be involved in this trade. You’re the wrong person, you don’t know enough.” Why would you torpedo a good article at the very end with such a stupid paragraph?
Buy bitcoin, got it.
Re: The Real Story of the Dutch Tulip Bubble?
#9>“And in 2019, when you hear people complaining about Bitcoin and warning about it, what you are hearing are the voices of people in 1637 saying: you shouldn’t be involved in this trade. You’re the wrong person, you don’t know enough.” Why would you torpedo a good article at the very end with such a stupid paragraph?
Uh oh, this doesn’t match up with the narrative that Hacker News was hoping for. The reporter must be stupid!
Re: The Real Story of the Dutch Tulip Bubble?
#10The tulip bubble is the worst poster child of asset bubbles and irrational exuberance But at this point, I don't think it matters. Colloquially, saying 'tulips' gets the point across. People know that you are criticizing the exuberance or volatility of an ephemeral asset. People know what asset price distortion you are comparing it to.
I think the south sea bubble which even caught Isaac Newton out might be the worst.