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It's a strange many party prisoners dilemma out there, that is so far without a lot of defections. When the primary and secondary markets join together then pri
by bradleyjg 12y ago
It's a strange many party prisoners dilemma out there, that is so far without a lot of defections. When the primary and secondary markets join together then prices will come down quite a bit. Right now, taking a diamond out of the store cuts its value at least in half.
- thruffle 12y agoOr even if for cultural reasons the secondary market remains relatively unimportant, you'd expect prices to fall in the primary by quite a bit. Must say I'm surprised that it hasn't happened already. So far no defections seems like a reasonable guess, though I Googled for 10 seconds and couldn't find any further discussion of that guess.
- SoftwareMaven 12y agoIt sounds like China is joining the diamond consumer movement, which would increase demand significantly.