Trap for Investors (7) - Bitcoin - modern Tulip



Source:   https://blockchain.info/charts/market-cap  (Click here for latest price update)


Market Capitalization of Bitcoin as of 1 Feb 2014.






http://en.wikipedia.org/wiki/File:Tulip_price_index1.svg




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Isaac Newton Loses A Big Fortune in the South Sea Bubble:

Even Sir Isaac Newton (4 Jan 1643 - 31 Mar 1727), the well known English physicist, mathematician, astronomer, natural philosopher, and theologian, got caught up in the South Sea mania and invested a big chunk of his fortune. Interestingly, he pulled out early (after making a respectable 7,000 pounds) then went back in after the bubble continued to inflate. The inevitable bust happened and he lost 20,000 pounds - a considerable sum at the time.

As a result of this crisis, he stated "I can calculate the motions of heavenly bodies, but not the madness of people".
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-----------------  Follow Up: Bitcoin Price Chart as of 24 Apr 2014  -------------------



--------------- Follow Up: Bitcoin Price Chart as of 06 Oct 2014 ----------------------



1 Comments->:

Mr Roi said...

Goldman Sachs Is AFRAID Of This!

This Will Make Banks Obsolete!

Cryptocurrencies such as Bitcoin have taken over the world by storm.

Goldman Sachs and other central banks all over the world have realized they cannot fight against Bitcoin and other Alt coins.

They are especially afraid that you’ll see this SHOCKING video.

[Click Here To Watch The Video]

This is 100,000 times bigger than the tech boom.

Because it’s not only limited to US companies.

So what does this mean?

You can now make back the money back you didn’t get a chance to make during the late 90s and early 2000s tech boom.

The good news is that the vast majority of people out there have no idea what this is.

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Speak soon!

[Ana]

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