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Synthetic diamonds are not easy to produce and they take time and energy (literally). The only reason synthetics are made is because the price of real diamonds
by bluedevil2k 7y ago
Synthetic diamonds are not easy to produce and they take time and energy (literally). The only reason synthetics are made is because the price of real diamonds help prop up the price of artificial ones. If the market collapses, as you predict, than artificial diamonds don’t become economical to create any more. My prediction: new mines will continue to be found and real diamonds will have the same market hold they have now in 20 years.
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- Ericson2314 7y agoThat doesn't make much sense. The ratio of the mining cost manufacturing cost is the same regardless of the demand.
- dodobirdlord 7y agoResearch on bulk synthesis of diamond will continue for the foreseeable future, it's just too important a manufacturing material. It will be a massive win for thermal engineering when semiconductor chips can easily be embedded in a diamond matrix.