▲ 1766 ▼ Cryptoflation (lemmy.world) submitted 2 years ago by rnjesus@lemmy.world to c/microblogmemes@lemmy.world 97 comments fedilink hide all child comments
[–] alienanimals@lemmy.world 34 points 2 years ago* (1 child) Don't Buy Bitcoin. It's Going To Crash!!! permalink fedilink source hideshow 2 child comments replies: [–] eskimofry@lemmy.world -4 points 2 years ago (3 children) what's funny is it will crash if nobody buys it. permalink fedilink source parent hideshow 6 child comments replies: [–] alienanimals@lemmy.world 16 points 2 years ago (2 children) What’s funny is you just discovered how supply/demand works. It applies to literally everything you can buy. permalink fedilink source parent hideshow 4 child comments replies: [–] eskimofry@lemmy.world 1 point 2 years ago Kind of a smarty pants reply considering i know elastic vs. Inelastic demand is an exception to this rule. permalink fedilink source parent [–] DragonTypeWyvern@literature.cafe -3 points 2 years ago (2 children) Not really, no. Because the things I buy have use. For example, a gun. permalink fedilink source parent hideshow 4 child comments replies: [–] misophist@lemmy.world 5 points 2 years ago So edgy, bro. permalink fedilink source parent [–] SuckMyWang@lemmy.world -1 points 2 years ago* (1 child) If I had 10 bitcoin I could use it to have someone steal your gun. I wouldn’t but you get the point. Or even better I could buy it off you for half a bitcoin permalink fedilink source parent hideshow 2 child comments replies: [–] DragonTypeWyvern@literature.cafe 4 points 2 years ago* (2 children) I hope this is a shitpost because you can say the same thing about any currency. Or guns. Surprising number of folks that will take guns in trade. Also... How much do you think a gun costs? permalink fedilink source parent hideshow 4 child comments replies: [+] AnxiousOtter@lemmy.world 1 point 2 years ago [deleted] permalink fedilink source parent [–] HelloHotel@lemm.ee 0 points 2 years ago ~3 USD /S permalink fedilink source parent [–] Da_Boom@iusearchlinux.fyi 5 points 2 years ago* (1 child) No, it won't even go up if nobody buys it. It will instead stay the same value it currently sits at It will crash if everyone who still has some tries to sell it. permalink fedilink source parent hideshow 2 child comments replies: [–] eskimofry@lemmy.world 1 point 2 years ago If nobody buys it for long periods of time people will see the hump and freakout and this will trigger the firesale. I am sure this happens for at least SOME products. permalink fedilink source parent [+] alienanimals@lemmy.world -1 points 2 years ago [deleted] permalink fedilink source parent
[–] eskimofry@lemmy.world -4 points 2 years ago (3 children) what's funny is it will crash if nobody buys it. permalink fedilink source parent hideshow 6 child comments replies: [–] alienanimals@lemmy.world 16 points 2 years ago (2 children) What’s funny is you just discovered how supply/demand works. It applies to literally everything you can buy. permalink fedilink source parent hideshow 4 child comments replies: [–] eskimofry@lemmy.world 1 point 2 years ago Kind of a smarty pants reply considering i know elastic vs. Inelastic demand is an exception to this rule. permalink fedilink source parent [–] DragonTypeWyvern@literature.cafe -3 points 2 years ago (2 children) Not really, no. Because the things I buy have use. For example, a gun. permalink fedilink source parent hideshow 4 child comments replies: [–] misophist@lemmy.world 5 points 2 years ago So edgy, bro. permalink fedilink source parent [–] SuckMyWang@lemmy.world -1 points 2 years ago* (1 child) If I had 10 bitcoin I could use it to have someone steal your gun. I wouldn’t but you get the point. Or even better I could buy it off you for half a bitcoin permalink fedilink source parent hideshow 2 child comments replies: [–] DragonTypeWyvern@literature.cafe 4 points 2 years ago* (2 children) I hope this is a shitpost because you can say the same thing about any currency. Or guns. Surprising number of folks that will take guns in trade. Also... How much do you think a gun costs? permalink fedilink source parent hideshow 4 child comments replies: [+] AnxiousOtter@lemmy.world 1 point 2 years ago [deleted] permalink fedilink source parent [–] HelloHotel@lemm.ee 0 points 2 years ago ~3 USD /S permalink fedilink source parent [–] Da_Boom@iusearchlinux.fyi 5 points 2 years ago* (1 child) No, it won't even go up if nobody buys it. It will instead stay the same value it currently sits at It will crash if everyone who still has some tries to sell it. permalink fedilink source parent hideshow 2 child comments replies: [–] eskimofry@lemmy.world 1 point 2 years ago If nobody buys it for long periods of time people will see the hump and freakout and this will trigger the firesale. I am sure this happens for at least SOME products. permalink fedilink source parent [+] alienanimals@lemmy.world -1 points 2 years ago [deleted] permalink fedilink source parent
[–] alienanimals@lemmy.world 16 points 2 years ago (2 children) What’s funny is you just discovered how supply/demand works. It applies to literally everything you can buy. permalink fedilink source parent hideshow 4 child comments replies: [–] eskimofry@lemmy.world 1 point 2 years ago Kind of a smarty pants reply considering i know elastic vs. Inelastic demand is an exception to this rule. permalink fedilink source parent [–] DragonTypeWyvern@literature.cafe -3 points 2 years ago (2 children) Not really, no. Because the things I buy have use. For example, a gun. permalink fedilink source parent hideshow 4 child comments replies: [–] misophist@lemmy.world 5 points 2 years ago So edgy, bro. permalink fedilink source parent [–] SuckMyWang@lemmy.world -1 points 2 years ago* (1 child) If I had 10 bitcoin I could use it to have someone steal your gun. I wouldn’t but you get the point. Or even better I could buy it off you for half a bitcoin permalink fedilink source parent hideshow 2 child comments replies: [–] DragonTypeWyvern@literature.cafe 4 points 2 years ago* (2 children) I hope this is a shitpost because you can say the same thing about any currency. Or guns. Surprising number of folks that will take guns in trade. Also... How much do you think a gun costs? permalink fedilink source parent hideshow 4 child comments replies: [+] AnxiousOtter@lemmy.world 1 point 2 years ago [deleted] permalink fedilink source parent [–] HelloHotel@lemm.ee 0 points 2 years ago ~3 USD /S permalink fedilink source parent
[–] eskimofry@lemmy.world 1 point 2 years ago Kind of a smarty pants reply considering i know elastic vs. Inelastic demand is an exception to this rule. permalink fedilink source parent
[–] DragonTypeWyvern@literature.cafe -3 points 2 years ago (2 children) Not really, no. Because the things I buy have use. For example, a gun. permalink fedilink source parent hideshow 4 child comments replies: [–] misophist@lemmy.world 5 points 2 years ago So edgy, bro. permalink fedilink source parent [–] SuckMyWang@lemmy.world -1 points 2 years ago* (1 child) If I had 10 bitcoin I could use it to have someone steal your gun. I wouldn’t but you get the point. Or even better I could buy it off you for half a bitcoin permalink fedilink source parent hideshow 2 child comments replies: [–] DragonTypeWyvern@literature.cafe 4 points 2 years ago* (2 children) I hope this is a shitpost because you can say the same thing about any currency. Or guns. Surprising number of folks that will take guns in trade. Also... How much do you think a gun costs? permalink fedilink source parent hideshow 4 child comments replies: [+] AnxiousOtter@lemmy.world 1 point 2 years ago [deleted] permalink fedilink source parent [–] HelloHotel@lemm.ee 0 points 2 years ago ~3 USD /S permalink fedilink source parent
[–] SuckMyWang@lemmy.world -1 points 2 years ago* (1 child) If I had 10 bitcoin I could use it to have someone steal your gun. I wouldn’t but you get the point. Or even better I could buy it off you for half a bitcoin permalink fedilink source parent hideshow 2 child comments replies: [–] DragonTypeWyvern@literature.cafe 4 points 2 years ago* (2 children) I hope this is a shitpost because you can say the same thing about any currency. Or guns. Surprising number of folks that will take guns in trade. Also... How much do you think a gun costs? permalink fedilink source parent hideshow 4 child comments replies: [+] AnxiousOtter@lemmy.world 1 point 2 years ago [deleted] permalink fedilink source parent [–] HelloHotel@lemm.ee 0 points 2 years ago ~3 USD /S permalink fedilink source parent
[–] DragonTypeWyvern@literature.cafe 4 points 2 years ago* (2 children) I hope this is a shitpost because you can say the same thing about any currency. Or guns. Surprising number of folks that will take guns in trade. Also... How much do you think a gun costs? permalink fedilink source parent hideshow 4 child comments replies: [+] AnxiousOtter@lemmy.world 1 point 2 years ago [deleted] permalink fedilink source parent [–] HelloHotel@lemm.ee 0 points 2 years ago ~3 USD /S permalink fedilink source parent
[–] Da_Boom@iusearchlinux.fyi 5 points 2 years ago* (1 child) No, it won't even go up if nobody buys it. It will instead stay the same value it currently sits at It will crash if everyone who still has some tries to sell it. permalink fedilink source parent hideshow 2 child comments replies: [–] eskimofry@lemmy.world 1 point 2 years ago If nobody buys it for long periods of time people will see the hump and freakout and this will trigger the firesale. I am sure this happens for at least SOME products. permalink fedilink source parent
[–] eskimofry@lemmy.world 1 point 2 years ago If nobody buys it for long periods of time people will see the hump and freakout and this will trigger the firesale. I am sure this happens for at least SOME products. permalink fedilink source parent