Tagged: crash

How the BitCoin Crash is the Opposite of Modern?

Today’s post is written by guest author, Simon Burns. Over the course of the 1630’s, tulips grew in value for no apparent reason. The resulting “tulipmania” built prices up to 10 times the salary of a skilled worker or several thousand times their original trading price. This exponential run was much more to do with the perceived investment value of tulips than the market...