Are Cryptocurrencies the new Tulipmania?

IB Economics: Are Cryptocurrencies the new Tulipmania?

This page investigates Tulipmania, an asset which gripped the country of Holland in the 1600s. Many experts have compared Tulipmania with the modern asset of Bitcoin, an asset which hit the headlines at the end of 2017, as a result of staggering gains in its price, making a number of early investors millionaires overnight. Moving into 2018 and 2019, many new investors are now purchasing the crypto currency for the first...

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