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Re:De Beers admits defeat over man-made diamonds by John_KZ on Wednesday May 30, 2018 @02:44AM (#17185605)
Well, the whole point of diamonds is to show off wealth. Natural diamonds and their defects are more expensive and very hard to replicate crystallographically , so they're not doing anything unexpected.
Re:De Beers admits defeat over man-made diamonds by kbenson on Wednesday May 30, 2018 @03:15AM (#17185732)
But they are more expensive in many cases because of artificially reduced supply, not because of actual rarity. Now, for a whole bunch of people that makes absolutely no difference (if anyone needs evidence, look at the Birkin Bag, which NPR's Planet Money covered well), but for others it does.

In this case the market needs the average consumer to buy into that status symbol, and enough of them are price conscious that a cheaper alternative that almost nobody can tell is cheaper is quite a draw.

Re:De Beers admits defeat over man-made diamonds by on_and_off on Thursday May 31, 2018 @01:21PM (#17198183)
Somebody needs to persuade rich assholes that trying to make the world better is the new trendy way to show off.