Here’s Why Bitcoin is Different Than Tulips, Pokemon, and the eTrade Baby

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Way back in 1636 when ye old Dutch men walked around with top hats and linens, they craved for little orbs of mother nature called tulip bulbs. I have no idea why. But the bulbs were booming. Maybe it was the color, maybe it was pure hype, perhaps it was even <a href="https://hackernoon.com/tagged/fomo" target="_blank">FOMO</a>. The bourgeois would sip tea with their friends and someone would say “Oh dear friends, you must see my tulips. Thou tulips are incredible and aren’t you jealous?” By the end of the tea party everyone wanted a tulip bulb. At one point, a single tulip bulb is said to have sold for the equivalent <a href="http://www.exploringmarkets.com/2013/12/the-ultimate-video-on-everything-you.html" target="_blank">of $15 million.</a>