The total trade volume of TulipCoin in last 24 hour is around 0 USD. You can select some of above exchanges to buy TulipCoin (TLP) with USD, INR, CAD, EUR, GBP, RUB, etc. Also, you can use the same exchanges to trade TulipCoin (TLP) against cryptocurrencies like BTC, ETH, LTC, ETC, XMR, USDT, BNB, etc.
- Slowly more people get involved, either through word of mouth or from casual discussions.
- Bitcoin’s story is already longer than tulipmania’s.
- That way, if the price does fall, it won’t affect your day-to-day life or your ability to meet your financial goals.
- That’s why Bitcoin critics who don’t believe the cryptocurrency has any intrinsic worth compare its growth to tulipmania.
It is still minable with your home computer and with your unused commodity hardware PC. Again (If you don’t know what PC means, you shouldn’t be even be reading this) Again just because you mined TulipCoins, it does not mean it has any value. An overview showing the statistics of TulipCoin, such as the base and quote currency, the rank, and trading volume. Create a free account to gain access to news, analysis, and real-time alerts on the stocks you follow. We’re firm believers in the Golden Rule, which is why editorial opinions are ours alone and have not been previously reviewed, approved, or endorsed by included advertisers. The Ascent does not cover all offers on the market.
TulipCoin — a POW/POS version. Launched! — Curb your crypto mania
Slowly more people get involved, either through word of mouth or from casual discussions. At the peak, buyers spent the equivalent of the cost of a house on just one bulb. According to the myth, people from all walks of life risked money they needed so they could buy bulbs in the belief they could sell them for a profit. Any bubble starts life as a harmless side distraction. But over time given the right environment grows into the biggest story of the century. From seed to burst there is a lot of things that can go wrong which can cause it to fizzle.
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And that, like gold, its scarcity — alongside the resources involved in mining it — make it a good store of value. Sign up today for Stock Advisor and get access to our exclusive report where you can get the full scoop on this company and its upside as a long-term investment. Learn more and get started today with a special new member discount.
Over 20 years ago and has been contributing to The Ascent since 2019. That said, if you don’t have a lot of spare cash, it’s better to only put a small amount into crypto each month than to jump in with money you don’t have. That way, if the price does fall, it won’t affect your day-to-day life or your ability to meet your financial goals. Bulbs were sold and resold before they’d even been harvested. That is, until an auction failed to attract any bids in 1637, and prices fell overnight. The crash bankrupted some of those who’d bought their tulip bulbs on credit.
Many faced ruin, and the Dutch economy crashed, so the story goes. No Tulip is POS only , irrational exeburance caused some miners to mine the POW blocks very quickly, only Proof Of Stake Now. Go to Discord or trddit for free coins Then stake them to get more free coins automatically. I liken bubbles to black holes, all black holes start small (relatively speaking).
Can I exchange TulipCoins for tulips in the real world?
They attract and consume a lot of mass which is near them, and start growing in size and power. As they grow they attract and consume even more stars, which are even farther. This reaches a point when the black hole becomes so heavy and unstable that it collapses under its tremendous weight and goes supernova in which it ejects all its mass and collapses.
Tulipmania took hold of the Netherlands in the 1600s and is widely viewed as the first financial asset bubble. A bubble is a significant increase in an asset’s price that is not reflected in its value. The price increases because people think they can sell the asset for a profit, not because it’s actually valuable. Similarly; a bubble starts with a novel idea or a technology. There will be a small group of fans of the idea who will be obsessed with it.
TulipCoin is not the first cryptocurrency to hit triple-digit price increases, but it is the first to do so with such a mainstream audience. Famously, Bitcoin hit triple-digit growth rates once drug dealers, ransomware makers, and pedophiles realized they could use the currency to foster illegal transactions. Conversely, TulipCoin is making inroads with people whose most illegal activity is hit-and-runs in the Sam’s Club Parking Lot. There’s a reason Bitcoin and tulip prices soared.
We are eternal optimists when it comes to investments, even the pessimistic ones. Our irrational optimism + crowd mania can be a recipe for disaster. Analysts are baffled with the explosive growth, but recent market surveys show no signs of the “mania” cooling off any time soon. CryptoGround.com is an independent publishing house that provides Cryptocurrency & Blockchain Technology News. It is a News Media Platform which serves its audience with accurate News and Analytical Articles. Our team is committed to providing unbiased News & Reports related to various Cryptocurrencies, Decentralized Apps, Initial Coin Offerings (ICOs) and Blockchain technology.
The biggest thing tulips and Bitcoin have in common is that they are both victims of sensational headlines that don’t necessarily reflect reality. Bitcoin’s story is already longer than tulipmania’s. And while prices have slumped recently, only time will tell whether this is a bubble for the cryptocurrency. This story/post is intended solely to provide information about the tulipcoin the POW/POS clone. This is literally a clone coin POW/POS on the internet. There are no “whitepapers,” no “products,” and no “experts.” It’s just you and your fascination with altcoins.
Editorial content from The Ascent is separate from The Motley Fool editorial content and is created by a different analyst team. Emma owns the English-language newspaper The Bogota Post. She began her editorial career at a financial website in the U.K.
We are currently in a crypto mania phase , What is a mania without some tulips. This is tulipcoin, to remind us of what irrational exuberance can do to our logic and thinking. You can buy, sell or trade TulipCoin (TLP) on more than 10 exchange listed above.
There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. As for Bitcoin, it’s true https://cryptolisting.org/ that it doesn’t have any more intrinsic value than gold or the U.S. dollar. Some argue that Bitcoin’s technology could make it the safest database in the world.