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#5311
Originally Posted by Dave999 View Post
Edit: anyway. I think the value of gold is overpriced
The value of anything is dictated by supply and demand. Feel free to find a huge gold motherlode and see its price drop overnight. Or yourself killed, whichever comes first.
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#5312
Originally Posted by pichlo View Post
The value of anything is dictated by supply and demand. Feel free to find a huge gold motherlode and see its price drop overnight. Or yourself killed, whichever comes first.
Not unless you're DeBeers. They've managed to keep diamond prices sky high despite it not really being all that "rare" of an object.
 
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#5313
Originally Posted by gerbick View Post
Not unless you're DeBeers. They've managed to keep diamond prices sky high despite it not really being all that "rare" of an object.
But that does not contradict what I said. By controlling either supply or demand, you control the price. DeBeers managed to control both.
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#5314
Originally Posted by pichlo View Post
But that does not contradict what I said. By controlling either supply or demand, you control the price. DeBeers managed to control both.
They marketed it as rare. It’s not. They didn’t create demand. They marketed it as the ultimate gift.

That is the key difference. The supply is huge. They created a demand. They controlled the price.

You know what? **** it. That’s enough verbiage for a pedant to continue. You’re right. I’m wrong. Done talking about faked demand and how marketing really obscured that the supply was not truly the issue.
 
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#5315
Originally Posted by juiceme View Post
Well I think the value of BTC is overpriced, but what can you do?
Ignore it.
It can't be used for anything useful.
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#5316
Have you seen unacknowledged at Netflix or elsewhere?

What a wonderful world!

Bring in Fox Mulder!
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Last edited by Dave999; 2017-09-14 at 19:51.
 
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#5317
I think this guy is right. It is probably too late to save many coastal cities. Better speed up the countdown...

http://www.cnn.com/2017/09/17/us/nei...ntv/index.html
 
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#5318
OC its too late. We all want more an very few is ready to give up what we got.

The only way to solve it is war. In court, on planet earth or in space. It Will continue to One got it all.
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Posts: 1,873 | Thanked: 4,529 times | Joined on Mar 2010 @ North Potomac MD
#5319
Originally Posted by Dave999 View Post
OC its too late. We all want more an very few is ready to give up what we got.

The only way to solve it is war. In court, on planet earth or in space. It Will continue to One got it all.
Is OC typo for OK or did you mean OC for overclocking?
 
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#5320
Originally Posted by mscion View Post
Is OC typo for OK or did you mean OC for overclocking?
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