How is this not just a tulip 2.0

How is this not just a tulip 2.0

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1. Tulips were not on a Blockchain
2. Bitcoin has crashed several times and always went back up, another crash is expected and long waited.
3. In the event of a global recession it wouldn't be Bitcoin that was disproportionately hurt

I love those headlines lol

how is it?

Oh your full analysis is that their charts look kind of similar? lmao

Do you see the healthy corrections?

Tulips is a straight line up

1. Tuplis aren't fungible
2. Tulips cannot be divided into smaller fractions and maintain same value
3. You cannot send them instantl-, err, within 2 hours to someone around the globe.
4. Tulips have expiry date
5. Tulips don't have a limited supply

I could've written few more, but you get the idea.

>Bitcoin has crashed several times and always went back up
it's called normalcy bias
one day it catch up to you an fuck up your shit

>In the event of a global recession it wouldn't be Bitcoin that was disproportionately hurt
oh now it will
its a luxury fad for people with spare money
demand for luxuries fail hard during recessions

baby put square block in square hole
baby smart!

Actual use cases with leading companies coming out and devoting billions towards just researching infrastructure implementations. When the richest chink in the world suddenly goes all-in on the tech and actually incorporates it into all his products and you see it spreading and can see there tangible product, you know it's here to stay. Tulips had no use case, sustainability, or integration into other sectors. This is part of Econ 101 in analyzing the tulip mania and understanding why it was such an exception among exceptions.

No way, bitcoins are going to keep rising, infinitely. It's just logical that the market will never correct BTC because it's an exception.