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You were responding to a claim that there have never been other cases of sustained momentum of speculation. The price spike for Tulipmania took place over about
by thesausageking 4y ago
You were responding to a claim that there have never been other cases of sustained momentum of speculation. The price spike for Tulipmania took place over about 18 months. Bitcoin launched 13 years ago and was first above $1k in 2017. They're not at all similar. I agree with the parent comment.
- IncRnd 4y agoNo, that wasn't the claim I responded to. Twice, my comment explicitly mentioned the novelty of greed and speculation as the claim.