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RE: Is Bitcoin A (Tulip) Bubble? History's Most Exaggerated Non-Bubble (Even Tulip's Weren't Tulips)

in #bitcoin • 8 years ago

Ultimately, much like the current market cap of cryptocurrencies, the "market cap" of tulips was probably grossly overexaggerated by ignoring the effects of the order book vs. peak price:

https://steemit.com/taxes/@lexiconical/valuing-steem-rewards-as-taxable-income-is-a-vast-overstatement-of-tax-liability-part-2-the-thin-order-book-and-flash-crashes

8 years ago in #bitcoin by
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