The most famous of all bulbs, the tulip, has been the cause of a major financial crisis in the Netherlands only a few decades after it was introduced in our regions at the end of the 16th century. It originally came from eastern Mediterranean regions, which at that time -- a very prosperous time in The Netherlands -- were the source of many exotic products. For the rich and the famous the tulip was a status symbol. The popularity of the tulip soared and soon the demand skyrocketed. In 1636, people started using the tulip to speculate with, indebting themselves to buy the bulbs at very high prices and selling them for even higher ones. Prices went as high as the prices of big houses along the canals in Amsterdam. Nowadays one floor in such a house already costs more than one million guilders. The reversal of their fortune was reached on February 3rd 1637, when for the first time, a collection of very exclusive tulips remained unsold. Other cases followed and the speculative bubble was quickly pierced.