Used incorrectly by people who neither understand the original Tulip story nor the technology behind Cryptocurrency. Yes I absolutely know that 100%.

It's only useful if you can predict something with reasonable accuracy. Since it can't, its useless.

It's absolutely relevant. Otherwise any idiot can just shout Apple shares = Tulips. Berkshire Hathaway = Tulips, Standard Oil = Tulips etc etc.

I have some news for you, some people do get rich from things.

Of course, over time all things fail. The universe ends in the big crunch apparently so this statement is also useless at predicting anything.
Like with say the Pyramids, Sailing ships, Gold mining, Oil, the Railway, Steel, Electricity, Phone, TV, Internet, a lot of people got wealthy out of those industries. The common trend is the early adopters made the most gains.

And vast, vast profits....

It will end badly for some, and will end well for others, like every other new innovative technology. Blockchain isn't just feeding on itself, it is innovative technology for distributed transaction and payment industries. Industries worth Trillions of dollars. Even if some speculators lose in the short term, this isn't going away..

True. One thing I've learned from history is that innovative disruptive technologies (this is where the tulip analogy breaks down) have the potential to create massive opportunities and wealth.
I've also learned that when these new technologies were invented, there was no end of luddites who didn't get it, and would claim loudly that it was just a fad.

Right gotcha. You want old fashioned ways of doing things, like Kings and Queens, and the Post Office. Good luck selling that dream in a technology forum...

What you just described is blockchain, ie what Bitcoin is built on. Except instead of central control to only the establishment it's distributed to anyone who wants to participate, so it's fairer to everyone involved.

You form all of your opinions based on feelings?
The problem is centralised currency and the issues of trust and control and distribution. The current model relies on govts and banks to play mummy and daddy and history has shown that they shouldn't be trusted (Great Depression, GFC etc).
Blockchain decentralises the system, ie it removes all the problems associated with centralised control (ie corruption and manipulation). Mathematically it's as reliable and as robust as transactions can get, therefore it will likely takeover as the default method or storing and transferring value. Just like how the Internet replaced faxes.
Some banks already use blockchain for interbank transactions, so it's already a solution, and it's only going to gain more traction over time.

Because economists and historians aren't useful for much.
I'm not sure where you get your info, but the finance and banking industries they're all over this like a rash. Some major banks have already rolled out blockchain trials, and many others have already kicked off development projects. This is the next big thing in FinTech.

Apple 2007.. oh wait...

Housing any other year from 1980 to 2017.. oh wait...

Gold any other year other than 2011-2012..oh wait...

What list, a list of things you clearly don't understand very well?

I wonder how many people who throw the work tulip around actually have any idea what it is about? Because just by reading the Wikipedia page makes it clear that most people never got past the headline.

Tulips is another way of saying I'm too dumb to understand technology, and I feel bad because I'm missing out on the next big thing. Just let them go...

You know the tulip thing is mostly myth right? And whenever anyone mentions it they are merely displaying their ignorance for both the original Tulip story and complete lack of understanding of disruptive technologies
I miss the days when comments were from people who actually knew the subject matter....

You must be fun at parties.
But since you went there, it depends on how you measure, since the greater Tokyo area, ie the urban sprawl that extends past the Tokyo city limits, but forms the same contiguous urban area, comprises more than 30 million people. It is generally considered the largest contiguous mass of people on earth.

Maybe not everyone wants that?

Perform at what, being stuck at the next red light? If getting from A to B as quickly as possible is how you measure performance then your wasting your time with any car...

Your own link says 69%.

Heh ironic...

Ok I used to work in a bank. The exchange they advertise already has margins to built-in to cover the fees. Other exchanges might have higher or lower rates depending on their margins.

Not sure where you went to school, I downloaded the CSV from your link an calculated an average of 115 minutes.
Also worth noting, confirmation times are dependent on how many confirmations you require (ie smaller transactions may only need one, therefore take 10 minutes, larger ones may want 20 which could take an hour+).
Also worth noting, transaction times can be improved by offering higher fees, so you have the choice of faster or slower confirmations.
Also worth noting this is only Bitcoin which has a slower network than many other coins, eg for Litecoin it's 2.5 minutes.
All of this is better than waiting 1 business day which could mean as much as three days and you have no control over it.

And do you know how your bank will be transferring to other banks overseas? That's right your bank probably already using blockchain for this, or has a prototype underway. Don't get caught up in the Bitcoin specifics, blockchain is taking over the finance world.
Blockchain will allow regular folks to bypass the banks, which if you were alive in the GFC is a huge leap forward.

You seem to be confusing your personal circumstances with every single person born after 1980.
A guy at the desk next to mine bought $100 worth of BTC in 2013 to buy some drugs on Silkroad. He chickened out and left it sitting there, it's now worth $50k. He's Gen Y.
Sometimes you get lucky, sometimes you have to work, but blaming everyone else for your situation won't get you anywhere.

I think you are confusing the word corruption with market distribution.
The difference with Bitcoin is that no-one is forcing you to use it at the same time as dictating how you can use it and what it is worth. If you find Bitcoin's market penetration not at a level you accept you could always choose one of the 1000+ other crypto coins that have might have better distribution (if that's what you are into).

Just like the internet. You can't eat ones and zeroes so it will never be useful for anything... .