Live data from Hacker News

The diamond world takes radical steps to stop a pricing plunge

bloomberg.com

521–530 of 619 posts

Re: The diamond world takes radical steps to stop a pricing plunge

#521
post #508

Earlier quoted context omitted.

I have an extremely hard time understanding how marrying my wife made me more likely to break up with her.

Divorce court is the incentive.

The availability of divorce means that failed relationships (which the availability of divorce does not cause) which end up in marriage can be resolved, but neither marriage nor the availability of divorces causes most of those relationship failures.

Re: The diamond world takes radical steps to stop a pricing plunge

#522
post #423

Earlier quoted context omitted.

Love is irrational. If you avoid all irrational things, you are not human.

I would even say it's perfectly rational. Having someone who understands you and supports you, reliably by your side is a huge boost to your capacity to reason.

It (Love) is.

But Love is also not tied to marriage, as registered outcomes show.

Re: The diamond world takes radical steps to stop a pricing plunge

#523
post #508

Earlier quoted context omitted.

Divorce court is the incentive.

The availability of divorce means that failed relationships (which the availability of divorce does not cause) which end up in marriage can be resolved, but neither marriage nor the availability of divorces causes most of those relationship failures.

The argument was never that the availability of divorce caused the (extremely high) outcome of divorce.

It is, and continues to be, that the extremely unbalanced (against the man) outcome of divorce creates a massive power unbalance in the relationship. And that's the incentive.

As the almost-guaranteed to be greatly benefited party, pressing the button is, rationally, a much better option than trying to resolve any issues in the relationship.

A relationship w/o marriage lacks this perverse incentive.

I will pass on giving Her a diamond and a government-endorsed knife to stab me with. We are supposed to be equal and this shit is ridiculous.

Note I am ending my participation on this discussion here, on my end, as it has started to go in circles, some heat is sensed, and I can tell it will not be productive to go any further.

Re: The diamond world takes radical steps to stop a pricing plunge

#524
post #111

Earlier quoted context omitted.

Thats exactly my point: the whole infrastructure of breach of promise, (somewhat) rarity of diamonds etc has been obsolete for decades, almost a century in the US. Any point of an expensive engagement ring has not had practical value in living memory. Just a residual, empty practice.

Every aspect of a wedding outside of the government paperwork is without practical value. It's almost like the practical value isn't the only thing that matters.

The practical value is from the expectation of permanence. This allows you to plan for scale.

Re: The diamond world takes radical steps to stop a pricing plunge

#526
post #4

Has anyone ever tried to sell an engagement or wedding ring with diamonds? You get cents on the dollar. Even or I should say especially brand names like Tiffany. The whole thing is a scam from start to finish and I wish I could go back in time and avoid the entire thing.

This seems to be more of an issue with rings than diamonds though ?

Unknown quality ~6.5 mm second-hand lab-grown diamond : $0.8k :

https://louped.com/lab-grown-diamond114927.html

High quality ~6.5 mm new lab-grown diamond : $1.2k :

https://www.whiteflash.com/loose-diamonds/lab-created-diamon...

----

Crappy ~6.4 mm second-hand natural diamond : $3k :

https://louped.com/gia-certified-round-diamond-114841.html

https://www.freediamondreport.com/report/lab/GIA/cert/545639...

High quality ~6.5 mm new natural diamond : $3.5k-3.9k :

https://www.whiteflash.com/loose-diamonds/round-cut?carat=0....

(Clarity doesn't seem to matter that much, because it has not much effect as long as it can't be seen to the naked eye, which in these except the worst one it probably won't be ? https://beyond4cs.com/clarity/ )

Re: The diamond world takes radical steps to stop a pricing plunge

#527
post #351

The diamond industry has a terrible problem. They promoted diamonds as "perfection". The most valuable diamond is supposed to be a crystal with no flaws. Then they ran into the semiconductor materials industry. Wafer fabs want every atom where it is supposed to be. So semiconductor materials manufacturers are very good at making crystals with few or no flaws. So, now the synthetic diamond market looks like this.[1] D…

Diamonds are still too expensive as long as you can't get phone screens, PC heatsinks and chip wafers made from the stuff.

Diamond heat spreaders are available.[1] Diamond phone screens have been made. Diamond semiconductors are under development, but so far they don't work that well.[2]

[1] http://usapplieddiamond.com/products/heat-spreaders/

[2] https://spectrum.ieee.org/this-diamond-transistor-is-still-r...

Re: The diamond world takes radical steps to stop a pricing plunge

#528

Earlier quoted context omitted.

Haha, yes indeed. It'll be the free-range eggs equivalent for buying jewelry. Ethically farmed from happy wedded couples.

I don't think people who insist on diamonds care about how they are sourced. After all the blood diamond thing didn't stop anyone. What people want is to be skillfully lied to.

The blood diamond thing stopped a lot of people. I’d say it was the primary reason people pointed to when they passed on diamonds. Now almost all the diamonds you buy are expressed certified as conflict free.

Re: The diamond world takes radical steps to stop a pricing plunge

#529
post #279

Earlier quoted context omitted.

But who goes around asking their friends to let them test their diamonds with their thermal tester?

Insane people, but let's not pretend those don't exist.

You can also tell these particular people, if they’re insane and toxic enough to try such things, to fuck off.

Re: The diamond world takes radical steps to stop a pricing plunge

#530
post #253

The diamond industry has a terrible problem. They promoted diamonds as "perfection". The most valuable diamond is supposed to be a crystal with no flaws. Then they ran into the semiconductor materials industry. Wafer fabs want every atom where it is supposed to be. So semiconductor materials manufacturers are very good at making crystals with few or no flaws. So, now the synthetic diamond market looks like this.[1] D…

That first link makes me want to buy some 1 carat CVDs to play around with. I mean at those prices, making my own diamond chandelier isn't too out of the question.

A fascinating idea... what other cool optical devices could be made with these ?
Post reply on HN