Is bitcoin similar to the 17th century Dutch-tulip bubble?

The Bitcoin buying frenzy resembles the speculative purchase of Google and Amazon shares more than the tulip craze. read more

We have globally US$7 trillion in gold, if 25% migrate to Bitcoin, the theoretical price should be around US$ 100,000. Bitcoin has also potential, since it has a better problem solving than the incumbents, to substitute: dollar as international reserve; financial system os payments; state fiat currency; Achieving any of these statuses, sky is the limit. read more

Poloniex Bitcoin Exchange Currency concerns A starting point for understanding the similarities and differences between bitcoins and tulips comes from William Stanley Jevons. read more

But whereas in 1637 the average participant in the Dutch tulip market had a fairly good idea about what was being promised, as 2018 dawns, confusion abounds about exactly what Bitcoin and other cryptocurrencies such as Ethereum (Figure 2), Litecoin, and Dash are; how they differ from other currencies or commodities; and whether trading them in warrants any special policy attention. read more