Hacker News new | ask | show | jobs
by theptip 2722 days ago
The mere existence of a price floor isn't particularly relevant; if your nest egg goes down to 1% it's basically the same as going to 0%. You've still lost your shirt.

I don't know what the floor for industrial uses actually is though; if it's 10% of the current speculative price that might be germane, but if it's lower it might not.