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RE: The next Tulip Mania or the Beginnings of Something More?
Cryptocurrencies certainly have more "intrinsic value" than tulips.
Having said that... How much is Bitcoin worth? Ethereum? Gold for that matter.
With cryptocurrencies, there are no dividends paid out. Which would be necessary for actually measuring the value.
Interestingly enough, the value of steemit and the steem currency is probably easier to actually measure. Steemit does offer some type of ROI.
I'm also curious to see how POS will work with Ethereum. I think this prospect is also a part of the recent rally.
That could be, Ethereum has rallied more than most!
We live in times where ROI is barely possible. Return OF investment is the main concern today. Note the negative interest rates for european bonds.