The generally considered first recorded speculative market bubble was the great “Tulip Mania” that occurred in Holland in 1637. At its peak, the futures price for a single tulip bulb was more than 10 times the annual income of a skilled worker during that time. Besides being the first, Tulip Mania, thus far, remains the largest market bubble in history. Bitcoin, however, is giving Tulip Mania a run for its money as the largest potential market bubble of all time. Its price ha