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It is now known that this effect is due to the bulbs being infected with a type of tulip-specific mosaic virus , known as the " tulip breaking virus ", so called because it "breaks" the one petal color into two or more.
Growers named their new varieties with exalted titles. Many early forms were prefixed Admirael "admiral" , often combined with the growers' names: Admirael van der Eijck , for example, was perhaps the most highly regarded of about fifty so named.
Generael "general" was another prefix used for around thirty varieties. Later varieties were given even more extravagant names, derived from Alexander the Great or Scipio , or even "Admiral of Admirals" and "General of Generals".
Naming could be haphazard and varieties highly variable in quality. Tulips grow from bulbs and can be propagated through both seeds and buds.
Seeds from a tulip will form a flowering bulb after 7—12 years. When a bulb grows into the flower, the original bulb will disappear, but a clone bulb forms in its place, as do several buds.
Properly cultivated, these buds will become bulbs of their own. The mosaic virus spreads only through buds, not seeds, and so cultivating the most appealing varieties takes years.
Propagation is greatly slowed down by the virus. In the Northern Hemisphere, tulips bloom in April and May for about one week.
During the plant's dormant phase from June to September, bulbs can be uprooted and moved about, so actual purchases in the spot market occurred during these months.
Short sellers were not prosecuted under these edicts, but futures contracts were deemed unenforceable, so traders could repudiate deals if faced with a loss.
As the flowers grew in popularity, professional growers paid higher and higher prices for bulbs with the virus, and prices rose steadily.
By , in part as a result of demand from the French, speculators began to enter the market. That year the Dutch created a type of formal futures market where contracts to buy bulbs at the end of the season were bought and sold.
Traders met in "colleges" at taverns and buyers were required to pay a 2. Neither party paid an initial margin , nor a mark-to-market margin, and all contracts were with the individual counter-parties rather than with the Exchange.
The Dutch described tulip contract trading as windhandel literally "wind trade" , because no bulbs were actually changing hands.
The entire business was accomplished on the margins of Dutch economic life, not in the Exchange itself.
By , the tulip bulb became the fourth leading export product of the Netherlands, after gin, herrings, and cheese.
The price of tulips skyrocketed because of speculation in tulip futures among people who never saw the bulbs.
Many men made and lost fortunes overnight. Tulip mania reached its peak during the winter of —37, when some bulbs were reportedly changing hands ten times in a day.
No deliveries were ever made to fulfil any of these contracts, because in February , tulip bulb contract prices collapsed abruptly and the trade of tulips ground to a halt.
This may have been because Haarlem was then suffering from an outbreak of bubonic plague. The existence of the plague may have helped to create a culture of fatalistic risk-taking that allowed the speculation to skyrocket in the first place;  this outbreak might also have helped to burst the bubble.
The lack of consistently recorded price data from the s makes the extent of the tulip mania difficult to discern. The bulk of available data comes from anti-speculative pamphlets by "Gaergoedt and Warmondt" GW written just after the bubble.
Economist Peter Garber collected data on the sales of bulbs of 39 varieties between and , with 53 being recorded by GW. Ninety-eight sales were recorded for the last date of the bubble, February 5, , at wildly varying prices.
The sales were made using several market mechanisms: futures trading at the colleges, spot sales by growers, notarized futures sales by growers, and estate sales.
The modern discussion of tulip mania began with the book Extraordinary Popular Delusions and the Madness of Crowds , published in by the Scottish journalist Charles Mackay ; he proposed that crowds of people often behave irrationally, and tulip mania was, along with the South Sea Bubble and the Mississippi Company scheme, one of his primary examples.
His popular but flawed description of tulip mania as a speculative bubble remains prominent, even though since the s economists have debunked many aspects of his account.
According to Mackay, the growing popularity of tulips in the early 17th century caught the attention of the entire nation; "the population, even to its lowest dregs, embarked in the tulip trade".
By way of comparison, a ton of butter cost around florins, a skilled laborer might earn — florins a year, and "eight fat swine" cost florins.
By , tulips were traded on the exchanges of numerous Dutch towns and cities. Many individuals suddenly became rich.
A golden bait hung temptingly out before the people, and, one after the other, they rushed to the tulip marts, like flies around a honey-pot.
Every one imagined that the passion for tulips would last for ever, and that the wealthy from every part of the world would send to Holland, and pay whatever prices were asked for them.
The riches of Europe would be concentrated on the shores of the Zuyder Zee, and poverty banished from the favoured clime of Holland.
Nobles, citizens, farmers, mechanics, seamen, footmen, maidservants, even chimney sweeps and old clotheswomen, dabbled in tulips. The increasing mania generated several amusing, if unlikely, anecdotes that Mackay recounted, such as a sailor who mistook the valuable tulip bulb of a merchant for an onion and grabbed it to eat.
According to Mackay, the merchant and his family chased the sailor to find him "eating a breakfast whose cost might have regaled a whole ship's crew for a twelvemonth"; the sailor was jailed for eating the bulb.
People were purchasing bulbs at higher and higher prices, intending to re-sell them for a profit. Such a scheme could not last unless someone was ultimately willing to pay such high prices and take possession of the bulbs.
In February , tulip traders could no longer find new buyers willing to pay increasingly inflated prices for their bulbs.
As this realization set in, the demand for tulips collapsed, and prices plummeted—the speculative bubble burst.
Some were left holding contracts to purchase tulips at prices now ten times greater than those on the open market, while others found themselves in possession of bulbs now worth a fraction of the price they had paid.
Mackay claims the Dutch devolved into distressed accusations and recriminations against others in the trade. In Mackay's account, the panicked tulip speculators sought help from the government of the Netherlands, which responded by declaring that anyone who had bought contracts to purchase bulbs in the future could void their contract by payment of a 10 percent fee.
Attempts were made to resolve the situation to the satisfaction of all parties, but these were unsuccessful. The mania finally ended, Mackay says, with individuals stuck with the bulbs they held at the end of the crash—no court would enforce payment of a contract, since judges regarded the debts as contracted through gambling, and thus not enforceable by law.
According to Mackay, lesser tulip manias also occurred in other parts of Europe, although matters never reached the state they had in the Netherlands.
He also claimed that the aftermath of the tulip price deflation led to a widespread economic chill throughout the Netherlands for many years afterwards.
Mackay's account of inexplicable mania was unchallenged, and mostly unexamined, until the s. In her scholarly analysis Tulipmania , Anne Goldgar states that the phenomenon was limited to "a fairly small group", and that most accounts from the period "are based on one or two contemporary pieces of propaganda and a prodigious amount of plagiarism ".
Bubble Mania is a challenging and positively addictive puzzle game that will keep you coming back for more. The rules are simple, the gameplay is easy to grasp, and the controls are snappy enough that anyone can pick it up and play right away.
At the same time, the challenge constantly ratchets up to ensure you get more creative with your bubble matching skills. DFG is constantly expanding, striving to bring its audience the most entertaining game downloads found on the Internet.
Powered by. Bubble Mania. Game Description Bubbles, Bubbles Everywhere An evil wizard has trapped all the children of the forest within magic bubbles!
More Reviews. Game Video. After I got used to the puzzle pieces, I found I liked them. Have not done anything with the coins.
More recent updates are generally not good, especially the ads between games. Not good! The graphics are super cute, I love the little critter that throws the bubbles.
Also, if you lose 5 lives in a row, you have to wait an hour to gain a life back and resume game play. This is the best game in the App Store and so worth the download!!!
I love to play this game for its very challenging and keeps my interest! I have played for many years off and on and decided to download, again, with my new phone.
The advertisements are ridiculously long. When the ad plays, it lasts for thirty seconds, then you must wait five more seconds timer counts down , then another ad plays for fifteen seconds, then you must wait another five seconds before it allows you to go to the next action.
If I want to play Klondike Adventure or Hidden whatever, I would have already downloaded it to my device a long time ago! I finally get frustrated and quit playing.
In the past I have purchased gems to support the developers. I will not be purchasing anything more unless it is something to keep from having so many advertisements.
Requires iOS 9. Compatible with iPhone, iPad, and iPod touch. App Store Preview. Screenshots iPhone iPad. Description Blast into summer with Bubble Mania, a puzzle-popping adventure of epic proportions!
Nov 18, Version 2. Ratings and Reviews See All. Size Category Games. Compatibility Requires iOS 9.
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