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Friday, 15 January 2021

Fw: Bit Coin, without even Tulips;

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Fw: Bit Coin, without even Tulips;

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Cranford

Tue, Jan 12, 6:37 AM (3 days ago)

to Pots, Christopher, Marc, Craig, Dionysios, Patrick, Rebel, greattomatobubble2@gmail.com, nandrtal@hotmail.com, advancedtrans308@gmail.com, editor@americanthinker.com, Clivemaund, kelleynewby@yahoo.com, psspaa@gmail.com, ctomlinson@breitbart.com, skip@talkshowsusa.com, themostimportantnews@mail.com, lorinsprincess@gmail.com, Arlene, inform@cnionline.org, me, BETHANY, Rush, Henry, Far, jet.possum@gmail.com, Jordan, authorvdh@gmail.com, andrewanglin84@gmail.com, Pamela, Chuck, alex@intellihub.com, Paul, howlatwolfstreet@gmail.com, Bob

Subject: Bit Coin, without even Tulips;

Fantasy money with nothing behind it but 105% sucker-Greed. Fascinating that people buy something that can crash to zero because it IS nothing. Well, it`s crashing. Classic parabolic curve up will likely parabolic curve down after tempting the suckers even more.

https://quotes.ino.com/charting/?s=CME_BTC.F21

So how many times has it happened in History? It`s called the Kondratiev Wave; 1640 Tulip Mania crash in Holland. South Sea Bubble Crash England1720, Mississippi Bubble crash France 1720. Several Hyper-Inflations and bankruptcies 1776 - 1796. Chicago Real Estate Crash 1837, Railroad stock and bond Crash 1873, Heddy Green stock panic 1907, Stock Crash - Deflation 1929. October Massacre - Paul Volcker 1978, High Tech Bust 2000- 2002. California Real Estate Crash 2007-2008. Just Economic History.