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Cryptoflation(lemmy.world)

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RNGesus@lemmy.world
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microblogmemes@lemmy.world
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alienanimals@lemmy.world
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eskimofry@lemmy.world
-3 points

what’s funny is it will crash if nobody buys it.

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alienanimals@lemmy.world
16 points

What’s funny is you just discovered how supply/demand works. It applies to literally everything you can buy.

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eskimofry@lemmy.world
1 point

Kind of a smarty pants reply considering i know elastic vs. Inelastic demand is an exception to this rule.

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DragonTypeWyvern@literature.cafe
-3 points

Not really, no.

Because the things I buy have use.

For example, a gun.

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Da_Boom@iusearchlinux.fyi
5 points
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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.

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eskimofry@lemmy.world
1 point

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.

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alienanimals@lemmy.world
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Microblog Memes

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A place to share screenshots of Microblog posts, whether from Mastodon, tumblr, Twitter X, KBin, Threads or elsewhere.

Created as an evolution of White People Twitter and other tweet-capture subreddits.

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