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  1. Bear Ribs

    Space Mining

    The company is going to be obligated to sell the material because they spent a fortune going to get it, hence the problem. As I said before, there's a splendid way to make immense profits compared with mining an asteroid and not selling it: not mining the asteroid in the first place and thus...
  2. Bear Ribs

    Space Mining

    Always possible but relatively difficult. We're in a situation now where terrorists find it seriously difficult to hijack a plane. It's unlikely that hijacking a rocket is going to be easier, while shooting down a rocket before it manages to, say, ram the International Space Station is going...
  3. Bear Ribs

    Space Mining

    And the same concern about half a billion tons of newly refined metals won't cause the price to shift? That's the issue, the claims that it won't because the markets don't shift in response to expectations and predictions. This is actually a decent point but also ties into my entire thought...
  4. Bear Ribs

    Space Mining

    Okay... but you realize you just proved my point again? The entire issue with an asteroid is that it provides so many resources it ruins it's own market. Those businesses don't need the asteroid because it outstrips existing supply so much and there can't have been any industry that could...
  5. Bear Ribs

    Space Mining

    I can compare it to anything and make my point, this is another quibble over details that don't matter to what I was actually saying. The argument was that prices for various metals (platinum is only the example) now will not alter just because massive amounts have been mined from an asteroid...
  6. Bear Ribs

    Space Mining

    Man that was a lot of words to cover something I'd already previously debunked. I've pared that yawner down to the two actual points you're trying to make, which are both based on faulty assumptions. Sadly I'm going to have to churn out my own yawner now because I want to settle this and that...
  7. Bear Ribs

    Space Mining

    Well let's see. We have plenty of probes that fly through space on their own. Space travel is easily defined by complex math problems, exactly the kind of job robots do best. Spaceships will be flown by robots, I'd say. Obviously physical labor too, robotic drills or what have you will...
  8. Bear Ribs

    Space Mining

    Actually there isn't, rather the reverse; if platinum had no uses there would be no value to it and thus no profit. Platinum is valuable because it is rare and people want to use it for things, thus they are willing to pay for it, and pay well because it is rare. If people did not want to use...
  9. Bear Ribs

    Space Mining

    No, you're ignoring the actual point to quibble about mechanics again. What I'm effectively saying is that if you bring half a million tons of platinum to market you kill the price of platinum and lose money, and if you go harvest an asteroid at great expense but don't bring the metals to the...
  10. Bear Ribs

    Space Mining

    That's completely irrelevant to my point though. I'm pointing out that actually harvesting an asteroid will glut the market with metals and said glut is unavoidable, quibbling about how much effort it takes or which stage the mining is at in a given scenario is pointless.
  11. Bear Ribs

    Space Mining

    Okay you do realize you said no, then your last, italicized line in that quote completely agrees with me? Showing up with an asteroid is delivering an ungodly amount of material to the market. The problem with your reasoning here is that commodity prices aren't just determined by how much is...
  12. Bear Ribs

    Space Mining

    Meteors and asteroid dust increase the Earth's mass by between 37,000 and 78,000 tons a year, so the actual figure's even worse since the moon's also going to be slowly increasing it's mass across those megacenturies. One issue with asteroid mining currently is, ironically, there are too many...
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