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That's just a normal market operating. That doesn't demonstrate any kind of abnormal irrationality. People eat out less when they have to prioritise other thing
by chrisseaton 5y ago
That's just a normal market operating. That doesn't demonstrate any kind of abnormal irrationality. People eat out less when they have to prioritise other things. That doesn't make restaurant prices irrational.
This isn't the gotcha you think it is.
- jtbayly 5y agoYou don’t buy a restaurant meal and expect to be able to resell it later, let alone expecting it to go up in value. You consume it. NFT is a different sort of market.
- chrisseaton 5y agoI'm pretty sure 99.99% of people are just buying them as a bit of fun. Almost nobody is seriously expecting them to be an investment.
- yunohn 5y agoCould you source that opinion? I’ve seen the exact opposite viewpoint propagating.
- chrisseaton 5y agoWhenever I see one of those big Twitter arguments about right-clicking, it always turns out the person is joking and just winding people up for fun.
- yunohn 5y ago> Almost nobody is seriously expecting them to be an investment This one, I mean.
- coldtea 5y ago>People eat out less when they have to prioritise other things. That doesn't make restaurant prices irrational. They can be, if people see them as investment opportunities which they are not...