• Brendan Golledge
    183
    view?usp=sharing
    https://drive.google.com/file/d/1EZYxbM5oMlMXRdIe292NjNE0ekfB9MP1/view?usp=sharing

    As you can see, Bitcoin and Tulips are exactly the same.

    (That's sarcasm, btw ^)

    ChatGPT was able to make this chart for me after only a couple minutes of prompting. It would have been much more tedious for me to make it myself. It is cool that this technology exists.

    I edited the post to include a link, because it looks like the image didn't load properly.
  • ssu
    9.5k
    There's actually a long thread about Bitcoin and cryptocurrencies that was started seven years ago here:

    https://thephilosophyforum.com/discussion/2455/cryptocurrency/p1
  • T Clark
    15.2k

    So what conclusions can we draw from this? Nothing obvious jumps out at me.
  • javi2541997
    6.6k
    I don't understand the chart, and the tulip seems to be lagging. I would like to recommend you to use ChatGPT as a prompt too. It will plummet sooner or later, as well as tulips back in the 17th century.
  • kazan
    485
    So what conclusions can we draw from this? Nothing obvious jumps out at me.
    18 days ago]

    How about a tulip in the hand is worth more than any number of bitcoins in the bust?
    Plenty of money was/ is made growing tulips after the tulip market bust. Will that be the case with bitcoin?
    Maybe ask ChatGPG when will the price of bitcoin fall to zero?
    Sorry, T Clark. Just found another way to stuff up a quote and reply/comment. Will have forgotten how by tomorrow,so don't worry.

    self deprecating smile
    T Clark
  • Brendan Golledge
    183
    I thought the chat would speak for itself.

    If bitcoin is a bubble, then it has lasted 4x as long as the tulip mania, and it has been up-to-date literally about a million times as profitable as the tulip bubble was at its height. Both in terms of time and in terms of profitability, bitcoin outclasses tulips.

    If you want to argue that they are both the same, then it is on you to argue why it is that bitcoin is fundamentally the same as tulips even though their behavior diverges so strongly.
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