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Otter@lemmy.ca to Data is Beautiful@mander.xyzEnglish · 7 months ago

The falling price of diamonds

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The falling price of diamonds

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Otter@lemmy.ca to Data is Beautiful@mander.xyzEnglish · 7 months ago
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  • sunglocto@lemmy.zip
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    7 months ago

    The value of diamonds are falling because people are now getting Netherite gear.

  • anomnom@sh.itjust.works
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    7 months ago

    Does it use less energy to make artificial diamonds, than bitcoins at this point?

  • Ioughttamow@fedia.io
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    7 months ago

    The generation-guilt of the millennials stains my hands. I have murdered industries. And I’ll kill again!

  • fractalizard@feddit.org
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    7 months ago

    Diamond Age here we come :)

    • SkyeStarfall@lemmy.blahaj.zone
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      7 months ago

      There are so many potential exciting applications for diamonds if they become cost efficient. Diamonds are a pretty wonder material, and have tons of potential

  • Grass@sh.itjust.works
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    7 months ago

    get fucked translucent rocks!

    • Knock_Knock_Lemmy_In@lemmy.world
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      7 months ago

      Hang on. Don’t forget that diamonds are used for cutting, grinding, drilling, and as a heat sink in electronics.

      • Liz@midwest.social
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        7 months ago

        Yeah, they use synthetic ones for that.

  • Aarrodri@lemmy.world
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    7 months ago

    Diamond are a stupid tradition imo. They are not that rare… Man made construct.

    • Eiri@lemmy.ca
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      7 months ago

      Man who slaved away in a lab for years trying to figure out how to make diamonds with the power of man: Am I a joke to you?

  • shoulderoforion@fedia.io
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    7 months ago

    according to that, natural diamonds seem to have bee pretty much on average holding their value, while lab grown rocks are bottoming out

    • massive_bereavement@fedia.io
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      7 months ago

      Natural diamonds pricing is controlled by an oligopoly, so even if demand is down they might keep the price high for the purple of keeping diamonds as an expensive thing.

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