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This is why the other poster got frustrated with you. The current watch market is a terrible example of supply and demand as a traditional model. Do you think S
by xzel 4y ago
This is why the other poster got frustrated with you. The current watch market is a terrible example of supply and demand as a traditional model. Do you think S&D effectively models NFT marketplace? Because the watch market is a lot more like that, too complex to be models effectively by traditional S&D.
Source: am a reseller.
- WalterBright 4y agoIt's a perfect example. Supply is limited, demand is high => high prices. > Do you think S&D effectively models NFT marketplace? Of course it does. The supply is one item, and so the highest bidder gets it. I am baffled why you think it is not S&D. If you have more questions, fire away!
- CraigJPerry 4y ago>> and so the highest bidder gets it The highest bidder is around £30k but the person who got it paid £12k. You can walk into an AD and bid all you want, they’ll let you try it on or find your favourite colour version. You aren’t buying it though.