Bitcoin and Blockchain is all the rage in more than one circle of individual investors, and companies are trying to profit from the craze. While some are launching their own ICOs, like Kodak, others have simply added "Blockchain" to their name and have seen success

In a move that seems dangerously similar to what's happening. happened in the 90s with the dot-com. boom, the "Blockchain Revolution" undertaken by some companies requires careful scrutiny because smoke and mirrors are important.

Speaking of smoke, the cannabis revolution that followed its legalization in a few states

Bitcoin Services

Among the crowd of companies trying to make their way a path in the hypermarket market, lies the company known as Tulip BioMed – now Bitcoin Services. This name and direction change saw the company's stock increase by 43,500% last year.

To their credit, the name change came back in 2016 and took off only last year in November with the hype the cryptocurrency market in the mainstream.

The financial deposits of Bitcoin Services from that time offer little clue that the company was doing something specific to justify the hysteria. The same can be said of its website, which generally lacks press releases and other information to investors, apart from contact details

Not alone

Bitcoin Services is likely to take the lead in terms of growth through his name change, but there is a host of others who have made between 309 and 20.445% gains through the change, as shown below.

Former Name Current Name Place Trading Range 2017 Tulip Bio Med Bitcoin Servants United States 42,500% [194590] JA Energy UBI Blockchain Internet China 20,445% Natural Resources Blockchain Mining Is rael 12,021% Leeta Gold Hive Blockchian Technologies Canada 6,384% Gold of Grand Pacaraima First capital of Bitcoin Canada 5,897% Carrus Capital Global blockchain technologies Canada 2.9% AgriVest Americas NXChain USA 1,700% Bioptix Riot Blockchain United States of America 1.611% AE Innovative Capital Bitcoin Group Germany 1.503% On-Line Blockchain online 1 300% Longchamp Long Island Ice Tea Corp. United States of America ] 458 Transeastern Power Trust Plockchain Power Trust Unit Canda 309% Quick Buck

Another disturbing trend that is reminiscent of the dot-com boom is that these gains do not last long because people are not sure how long it will take. hang on quickly or the regulators intervene.

UBI Blockchain Internet based in Hong Kong – formerly known as JA Energy – climbed more than 20,000% before regulators stopped buying and selling

Bubble signs?

Those who believe the whole cryptocurrency market is a big bubble often point to the similarities in the hype between the dot-com bubble and these occur around companies that profit from mania and speculation.

It remains to be seen whether the cryptocurrency market can better withstand this craze than other similar bubbles.