All articles tagged with #scarcity
Originally Published 6 months ago — by Nikkei Asia
The Nintendo Switch 2 remains scarce in Japan, with high demand and limited supply, and is unlikely to become more available until spring, despite strong initial sales and ongoing lottery systems for purchase.
Originally Published 1 year ago — by BeInCrypto
Bitcoin's upcoming halving event, which reduces the rewards miners receive, is expected to trigger a steady bull run due to increasing scarcity meeting growing demand. Large institutional investors and countries like El Salvador are driving up demand, while regulatory frameworks are becoming more favorable to Bitcoin. Experts believe that Bitcoin should be reclassified as a distinct asset, separate from other cryptocurrencies, and its scarcity could lead to significant shifts in its role in financial and technological sectors.
Originally Published 1 year ago — by CoinDesk
The upcoming halving event for Bitcoin, set to occur in April 2024, is expected to have a significant impact on the cryptocurrency market. While historically halvings have catalyzed bull markets, the actual impact on price is likely to be driven by demand rather than the supply reduction itself. The event is expected to draw attention to Bitcoin's scarcity and may lead to a pre-halving price increase, followed by a correction. Long-term investors are advised to focus on the demand side of the market, while speculators may position themselves in anticipation of the event.
Originally Published 1 year ago — by Haaretz
Life in the northern Gaza Strip is marked by devastation, scarcity, and a lack of basic necessities such as coffee and cigarettes. Residents face a dire situation with no access to electricity, potable water, or affordable food, leading to extreme poverty and hunger. The ongoing humanitarian crisis in the region has left many struggling to survive, highlighting the urgent need for assistance and support.
Originally Published 2 years ago — by GOBankingRates
Your money mindset, whether it's a "rich" or "poor" mindset, can significantly impact your financial choices and strategies. A scarcity or "poor" mindset is focused on immediate needs, hoarding tendencies, and a belief that money is scarce. On the other hand, an abundance or "rich" mindset sees money as unlimited and views financial challenges as opportunities. A rich mindset is proactive, optimistic, and learns from failure, while a poor mindset tends to have a negative outlook and avoids risk-taking. Changing your mindset starts with awareness and examining your core beliefs, and can be reinforced through tools like affirmations. Taking an active approach, setting clear goals, practicing gratitude, and seeking self-improvement are ways to cultivate a rich mindset.
Originally Published 2 years ago — by Yahoo News
A professor discovered a lump of ambergris, also known as "floating gold," worth $545,000 in the entrails of a dead sperm whale. Ambergris is a rare substance found floating in the sea and is highly valued for its use in high-end perfumes. It is formed when indigestible parts of cephalopods stick together in a whale's intestines. The scarcity of ambergris and its use in perfumes contribute to its high price. While synthetic alternatives exist, ambergris is still used in French perfumes, although its use is illegal in the US.