Bitcoin vs Tulip Mania: Following a different trajectory from historical bubbles

SingleForYears · 2026-01-13T08:04:46+00:00

Eric Balchunas presents a compelling argument distinguishing Bitcoin from historical bubbles like the 17th-century tulip mania. Unlike tulips, which plummeted in value within three years, Bitcoin has endured multiple crashes and maintained a value over 250% higher than its initial price since 2009, highlighting its resilience and long-term viability.

SingleForYears

2026-01-13 08:04:46

Abstract generation in progress

Financial analyst Eric Valchunas has raised an interesting point. He counters the idea of comparing the most famous speculative bubble in history, the 17th-century tulip mania, with Bitcoin.

Tulip Bubble Crash vs. Bitcoin Resilience

The tulip bubble in history completely collapsed within a short period of three years. In contrast, Bitcoin has endured multiple major crashes and continues to exist, currently maintaining a market value more than 250% higher than its initial entry price.

Limitations of Bubble Theory

Tulips lost their value within a few years, but Bitcoin has been operating for over 15 years since its launch in 2009. Its survival period and resilience are markedly different from a mere speculative craze.

This highlights Bitcoin’s long-term viability and its solid position in the market. Eric Valchunas emphasizes that there are clear differences when comparing it to historical bubbles.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.