this post was submitted on 17 Jan 2024
322 points (92.4% liked)

Technology

58081 readers
3155 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 8 months ago

Supply and demand? If you flood the market with stock, everyone can sell them and out bid each other until it's as cheap as it can get while still turning a profit. That's competition.

The fact that there isn't enough stock is why it's so easy to price gouge...