Is bitcoin the next Tulip Fad?
What do you know about Bit coins? Below is what we know and why we think the bit coin bonanza will evaporate. Few if any reader here can recall or know about the Tulip Bubble or The dance craze where many died. The Tulip Bubble, The European Dance Craze, The Pet Rock and the Bit Coin all have HUMAN WHIM in Common. Below are 2 examples of how the majority of bitcoins will be lost After Matthew Mellon, scion of the Mellon banking fortune, died on April 16 of a drug-related heart attack in Mexico , his family was unable to locate the pass code needed to retrieve his fortune — said to have been worth as much as $1 billion — in XRP cryptocurrency, according to the Daily Mail . Losing passwords is the kind of nightmare that haunts bitcoin investors. In fact, there are an estimated 3 million bitcoins — totaling nearly $25 billion — lost because the retrieval codes. Just ask James Howells — who lost a hard drive with the key to more than $60 million in bitcoin. “I mined more...