The value of diamonds are falling because people are now getting Netherite gear.
Does it use less energy to make artificial diamonds, than bitcoins at this point?
The generation-guilt of the millennials stains my hands. I have murdered industries. And I’ll kill again!
Diamond Age here we come :)
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
get fucked translucent rocks!
Hang on. Don’t forget that diamonds are used for cutting, grinding, drilling, and as a heat sink in electronics.
Yeah, they use synthetic ones for that.
Diamond are a stupid tradition imo. They are not that rare… Man made construct.
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?
according to that, natural diamonds seem to have bee pretty much on average holding their value, while lab grown rocks are bottoming out
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.
