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So your theory is that sellers weren’t greedy before?

• gtsop 5y ago
  No, my theory is that this the true core of the disscussion here should be how the economy works in general, rather than a specific case of supply and demand.
  • xondono 5y ago
    Why? We are talking about a specific case. Don’t get me wrong, I love generality, but it’s clear that the trees don’t let you see the forest here. Sellers were as greedy before the price rise, so greed is not the cause. The difference here is that: 1) Supply difficulties mean there’s less in offer. 2) crypto miners have strong demand, since they can make money on those gpus. I would argue that the market is working fairly well, since gpus are being allocated for their best use. Gaming is great, but people seem to really love their eth.